Stock advances as market ignores news and new highs hit
On December 23 1926 New York stocks rose amid strong rail and motor shares with General Motors Nash and Continental Motors hitting new peaks. Merger rumors buoyed buying while Atchison and Reading set record or near-record levels amid dividend expectations. In Chicago wheat futures prices slipped as supplies and demand showed bearish signals.
MENTIONED IN THIS ARTICLE
Southern Pacific
General Motors
Hudson
Nash
Continental Motors
Hayes
Texas and Pacific Land Trust
New York Stock Exchange
Atchison
Frisco Preferred
Reading
Wall Street
Western Pacific
Metal Market Summary Hits Mixed Copper Futures Dip
Copper dull with spot and futures at 12 1-2 to 135-8. Lead steady at 7 80. Zinc firm in East St. Louis at 702 to 705. Bar silver at 53 1-2.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
New York Cotton and Money Markets End Week Mixed
New York cotton market closed easy with declines of five to eight points. Call money rose to six percent, time money quoted 4 5-8 to 4 3-4, commercial paper steady. Foreign exchanges held a strong undertone with sterling near $4.84 13-16 and franc around 3.96 cents. Italian lire quoted just under 4 1/2 cents.
MENTIONED IN THIS ARTICLE
New York
Kansas City Livestock Market Receipts and Prices
Cattle receipts 2700 with shipments higher on heavy steers. good yearlings and beeves noted with top veals at 11.00. Hogs 4000 head up 5 to 10 cents. tops 11.50 with bulk 11.10 to 11.45. Sheep 2000 head: lambs 10 to 15 cents higher, top 12.70, general 12.50 to 12.65.
MENTIONED IN THIS ARTICLE
Kansas City
Southern Pacific Orders New Engines and Cars
Southern Pacific announces a program to build eight mountain passenger engines, 750 freight cars, and fifty cabooses at a total cost of 2,416,724 dollars. Engines and cars will be built in Sacramento shops, cabooses in Los Angeles shops.
MENTIONED IN THIS ARTICLE
San Francisco
A.P
Southern Pacific Company Today
Sacramento
Los Angeles
Wyoming shifts from women led schools to men in office
Wyoming news notes a wholesale switch to men in state offices as six years after Nellie Tayloe Ross’ gubernatorial defeat the pattern of female school superintendents ends. The trend marks a broader move with four men and fewer women occupying familiar official roles since 1921.
MENTIONED IN THIS ARTICLE
Cheyenne
Wyo
Wyoming
Nellie Tayloe Ross
Ottik
Royal Travel Company plans $400000 Phoenix hotel
Royal Travel Company of Phoenix announces plans for a first class, fireproof 185 room hotel in Phoenix at a cost of 400000 funded by California capital. Incorporators H. M. Van Denburgh Burt McDonald of Phoenix and S. J. Walling of California filed articles with the Corporation Commission and will select a site within weeks. Construction to start after site secured and the hotel to open eight or nine months later.
MENTIONED IN THIS ARTICLE
Phoenix
Royal “‘Travel, Company
Corporation Commission
California Capital
Royal Hotel Company
H. M. van Denburgh
Burt McDonald
S. J. Walling
California
Fall and Sinclair Set for Feb Trial in Teapot Dome Case
In Washington the Teapot Dome conspiracy case against ex interior secretary Albert B. Fall and Harry F. Sinclair moves to trial in the DC Supreme Court on February 2. Both plead not guilty after motions to quash were denied. Prosecution seeks foreign witnesses Harry M. Blackmer and James E. O Neil, now in France, with Walsh act penalties for noncompliance.
MENTIONED IN THIS ARTICLE
Washington
Albert B. Fall
Secretary of the Interior
Harry F. Sinclair
Teapot Dome Naval Oil Reserve
Sinclair
Mammoth Oil Company
Supreme Court of
District of Columbia
Fall
Jennings Riley
Owen J. Roberts
Justice Bailey
United States Supreme Court
Harry M. Blackmer
James E. O'Neil
Continental Trading Company of
Canada
France
United States District Court
Cheyenne
Wyoming
Continental
Congress
Walsh
Montana
Senate
Blackmar
O'Neil
America
Roberts
William E. Leahy
Court notes set date after Elk Hills trial acquittals
The attorney suggested a month at a New Mexico ranch for his client to recover from trial strain. Justice Bailey proposed February 2 as a reasonable date given the circumstances. The Elk Hills conspiracy case ended last week with acquittals for Fall and Edward I Doheny of California oil interests.
MENTIONED IN THIS ARTICLE
New Mexico
Elk Hills
Fall
Edward I. Doheny
California
Justice Bailey
Utah Copper Man To Wed on Coast
Louis S. Gates vice president and general manager of Utah Copper Company and Eleanor Christiansen widow of Edwin A. Christiansen obtained a marriage license in San Francisco. The ceremony was planned for this afternoon at the First Presbyterian church study in San Francisco. Gates is a widower whose first wife died after a fall from a hotel roof garden.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Louis S. Gates
Utah Copper Company
Eleanor Christiansen
Edwin A. Christiansen
San Francisco
Salt Lake Telegram
First Presbyterian Church
Japanese Emperor Passes New Crisis
Tokyo reports unease over Emperor Yoshihito's condition worsening briefly before midnight when doctors were summoned and Hirohito attended. Officials say the crisis passes as the emperor remains critically ill with pneumonia, with no clear prediction of outcome.
MENTIONED IN THIS ARTICLE
Toyko
Yoshihito
Hirohito
Phoenix girl heads new honorary society
Peggy Stoke ly of Phoenix has been named to head the newly organized Alpha Epsilon honorary society for commerce students at the University of Arizona. Other officers include Hazel Blair of Silver City New Mexico as vice president, Helen Elder as secretary, and Mary Peters as treasurer. Charter members are Francis Kohler Fern Baker Rose Bush and Leola White.
MENTIONED IN THIS ARTICLE
Tucson
Peggy Stokely
Phoenix
Society For Commerce — Students
Alpha Epsilon
University of Arizona
Hazel Blair
Silver City
N. M
Helen Elder
Mary Peters
Francis Kohler
Fern Baker
Rose Bush
Leola White
Houck Held In Wife Mystery After Disappearance
Dr. Knutt Houck of St. Elizabeths hospital will be held under police guard as investigators seek the missing wife who vanished December 15. District attorney’s office said the inquiry spanned the day and questioned figures including Alfred Kurzypski, a former Polish count and mind reading device inventor once linked to Houck.
MENTIONED IN THIS ARTICLE
Washington
Knutt Houck
St. Elizabeth's Hospital
Alfred Kurzypski
Retire paving bonds in Douglas on Jan 1
Douglas city to retire two paving district bonds on January 1 leaving 76,064 dollars remaining from 575,412 dollars of paving construction. City will collect 48,000 dollars in paving assessments on January 1 1927.
MENTIONED IN THIS ARTICLE
Douglas
G. W. Pratt
King Ferdinand Receives Salary Increase in Parliament
In Bucharest on December 23 AP reports King Ferdinand’s civil list rose from about $140,000 to $200,000 a year to cover expenses, including Queen Marie’s American tour. Crown Prince Michael’s allowance was raised to $30,009 as Prince Carol renounced his throne rights.
MENTIONED IN THIS ARTICLE
Bucharest
Ferdinand
Marie
Michael
Carol
Col Ned M Green Resigns As Prohibition Head
Colonel Ned M Green, acquitted in U S District Court of embezzling confiscated liquor, announced his resignation as prohibition administrator for northern California and Nevada.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Ned M. Green
United States District Court
Prohibition
California
Nevada
Also Mentioned on This Page
Financial News
Rails and Motors
Baldwin Locomotive
Collins and Aikman
Jewel Tea
Chicago Pneumatic Tool
Eastman Kodak
Chicago
Prairie
Argentina
United States
North America
Gulf of Mexico
Metal Market
Trillians
NEA Service
Santy Claus
Krlot2z
NEA Service, Inc
Sposin
Kansas City Livestock
Liberty Bonds
Hawt Datdar
By Williams
Ainsy
Mr. Gates
Korea
Phoenix Girl Heads New Honorary Society
The
Arizona Electric Power
Cere
Dial
Houck
Ell Happir
Green Quies
Central Drug CO
Baker Bros
Merry Christmas
Ideal Bakery