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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 04, 1913
Page
11
New York trading closes with a vigorous uptick after a largely flat session. Weak spots appear but the market rallies on technicals and short covering. Rail and steel shares show varied moves amid mixed economic signals and currency/credit data.
Stocks broadly stronger in early trading with gains seen across classes as short covering and cautious optimism support a tentative rally. Analysts note improved sentiment from prominent figures, expectations of easier money, and futures for further gains amid talks on trusts and potential policy shifts. mining and railroad results highlight mixed earnings.
Eight transactions completed a share sale totaling 60 percent of issued stock. Names Bullwhacker, Butte, Hutte, London and Pilote Butte appear in the OCR style note with figures indicating stake and participation.
Markets in Chicago show firmer tone with wheat rally fueled by warm Texas and Oklahoma conditions near jointing stage. Corn and oats advance amid light trading. bears concede early losses as holders profit from late buying. Cash and futures mix with prices for December and January contracts noted across grains. various cash grain quotes reported for No 2 corn, oats, barley, and timing specifics.
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