Wall Street opens with strong first hour trading on stocks
In New York the first hour of trading sees higher activity than yesterday, with buyers returning on the long side. Dealers report confidence, shorts covering, and some outside buying, led by rail and metal stocks. The Wilson address arrives as the market eases later, with no major shifts in tone.
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Steel
Amalgamated
London
Wilson
Congress
United States
Market Optimism Buoyed By Presidential Message
A better day in the stock exchange with prices up as the president's message drew cautious, not drastic, reactions. The Logan and Bryan letter notes hardening tendencies and brisk demand, while readings from Erie, American Smelting, and copper production suggest improving but tempered prospects amid profit-taking and uncertainties about antitrust policy.
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Stock Exchange
Paine
Logan and Bryan
Ben Bryan
New York
Chicago Markets and Commodities Trade Report
Market wrap from Chicago and New York on December 2 notes wheat gains in Argentina and Texas diesel effects, with December wheat opening at sie and closing around sist. corn and oats mixed with price movements driven by weather and supplies. Hog and cattle receipts show softer hogs and steady cattle, while metal and bond markets reflect standard activity. Montana Copper stockholder meeting scheduled for December 18 in Butte to elect directors.
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Reeves
State Savings Bank of Butte Advertises Savings Plans
State Savings Bank of Butte lists directors Ed Hickey Leonard W Allen T J MacDonald St Largey C E Kumpe Arthur Perham. Four percent interest on savings and time certificates. Savings accounts from $1 up. Open Monday evenings from 7 to 8 30. Transacts banking business.
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State Savings Bank of Butte
Ed Hickey
Leonard, W. Allen
T. J. MacDonald
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Arthur Perham
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