Market notes reflect mixed gains in mining and finance
Amid uneven activity in early December trading the market shows mixed signals as prices edge higher for some commodities while others slip. Cotton and hog futures retreat on softer demand, while corn export prospects falter and government crop concerns weigh on sentiment.
New York Stock Exchange Opens Amid Mixed World Signals
Trading at the New York Stock Exchange today was unsettled as foreign credits buoyed overall sentiment. Sterling rose about 10 cents to strengthen demand, while American and European markets showed mixed gains and losses. Overall volume reached 676,600 shares with broad participation in industrials and rails, but a cautious tone lingered as investors weighed international financial developments and emerging debt concerns.
MENTIONED IN THIS ARTICLE
New York
Marke
Almoet
TalinsAmerican
Adhutiges Sino
Bie
Argentina
Brasil
Uruguay
London
Weslsnt
Wes Tong
Wagwin
Liberty
Soesteller
Dodestie Lesaas
Wes
Tokio Fe
United Kingdoms
Copper market forecasts from Moody on mine reopenings
The Moody outlook on copper cautions that surplus stocks will dwindle as mines reopen slowly next year. Demand remains weak due to underconsumption postwar, with world production trailing consumption. analysts expect visible copper in the US to rise then fall, and mines operating below capacity to avoid another surplus.
MENTIONED IN THIS ARTICLE
Tor
Hellbronner Company
Moody
United States
Someshing
Tempered copper exhibition in Butte sparks revival claims
The Brownfield Canty company showcases tempered copper tools in Butte, displaying copper shears claimed to be harder than gold and rust resistant. Merchants note the rediscovery of the lost art of hardening copper and urge cautious optimism for local prosperity as copper products gain traction.
MENTIONED IN THIS ARTICLE
Egypt
Butte
Brownfield-Canty Company
Brownfeld-Canty Company
Livestock market receipts cross region on December trading
Spokane reports mixed cattle receipts with prices for medium to good grades and feeder lambs, while Portland notes 1158 cattle receipts with weights in the standard ranges. Chicago shows higher hog receipts and steady feedstock, with packers easing back. Kansas City posts stocker receipts around 635, and New York lists dairy and cheese futures as firm amid overall mixed signals.
MENTIONED IN THIS ARTICLE
Chicago
Bureau of Markets
Igher
Ora
Aera
Ile ‘Packers
Buric
Market Closes Toward Highs After Monday Rush
Heilbronner notes a strong market open with a sell off then a near flat close. Bullish news and buoyant commodities including copper and sugar hint at higher prices ahead. Burley Idaho reports the Commercial State Bank closure with 700 capitalization and 91,100 deposits. Northern Securities extra 6 percent dividend and 4 percent semi annual. United States Shipping Board emergency fleet shows receipts 608 million and disbursements 690 million. Rejections on wage cuts by 35,000 railroad maintenance workers. Coal shortages hinder trains and gas plants. Reo Motor Car declares 2.5 percent dividend payable Jan 2 for Dec 15 record.
MENTIONED IN THIS ARTICLE
Heilbronner Company
Burley
Idana
Northern Securities
General” American Tank
Journal of Commerce
Mellon
Treasury Department
Weeks
United States Shipping Board and
Emergency Fleet Corporation
Reo Motor Car Company
Montana Wool Crop Figures Show Mixed State Totals
A garbled report estimates Montana wool production for 1920 higher than previous years while Washington and Oregon vary. It notes raw wool figures exclude certain data and cites statewide estimates for Idaho and Montana. The text also oddly references literacy among Chinese women.
MENTIONED IN THIS ARTICLE
Washington
Oregon
Tolalio
Mon
Montana
Night Blooming Cereus Unveils Night Bright Flowers
An unusual plant that blooms only after nightfall and withers before dawn is described. The flower appears large and fragrant, turning the night into a strange spectacle with a tropical scent, then fades to a withered heap by breakfast.
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