Wall Street Mixed Amid Consolidation Rumors and London Effects
The New York stock market shows irregularities as buyings by large banking interests seek railroad consolidation. London’s monetary stance and South African reverses influence prices, while the sub treasury fuels demand for government bonds. Erie and other big names lead gains, with overall activity volatile and cautious ahead of year-end.
MENTIONED IN THIS ARTICLE
New York
Wall Street
London
South Africa
Bank of England
Pacific Coast
Erie
Steel
Sugar
Amalgamated Copper
Missouri Pacific
Southern Railway
Money and Exchange Rates Reported in New York
New York financial update highlights money on call at 45 percent and last loans at 5 percent. Sterling exchange remains firm with bankers' bills at $4.54 for demand and $4.50 for 60 days. Posted rates show $4.81 to $4.85 and $41.85 to $64.56 for various bills. Silver certificates quoted at 64 percent, Mexican dollars at 54 1/2 cents. Government bonds active, state bonds quiet, railroad bonds uneven.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
London tin and copper markets slip amid weaker London and US cues
Cable reports show tin down 4 at London amid weak producing countries. London prices fell to £18 loss for the month. US open weak, closes 26.00¢. copper steady at 11.5d for Lake Superior and casting copper. Lead and spelter steady to dull, iron markets dull with Buyers and sellers cautious after holidays.
MENTIONED IN THIS ARTICLE
New York
London
Cuz
United States
Lake Superior
Lorvdom
Tle Ot
Middleboro
Markets react to talk of dear money and weak conditions
The London financial cable reports general heaviness as bankers expect a possible Bank of England discount rate hike on Thursday, though action would be forced by strong reasons. Americans trade nervously in New York while buyers appear on sharp declines amid a cautious market.
MENTIONED IN THIS ARTICLE
New York
London Financial
Bank of England
India
Commodity Supply Changes Reported for Wheat Corn and Oats
New York dispatch notes in Bradstreet cables a rise of 592000 bushels in wheat available in U S and Canada east of the Rockies and a 2000 bushel rise in wheat afloat for Europe. Total supply up 2532 bushels. U S and Canada corn east of the Rockies down 6800 bushels while oats east of the Rockies fall 1433000 bushels. Wheat stocks at Portland Tacoma and Seattle fall 14100 bushels last week.
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New York
Bradstreet
United States
Canada
Rocky Mountains
Haurope
Rockies
Portland
Ore
Tacoma
Reattle
Wash
Federal Steel declares quarterly dividend on preferred stock
New York December 18 directors of the Federal Steel company announced a regular quarterly dividend of nine per cent on the preferred stock. No action was taken on the common stock and none will be taken until January 1.
MENTIONED IN THIS ARTICLE
New York
Federal Steel Company
Chicago Markets Trade In Corn Futures Mixed In Early Session
In Chicago markets short covering appeared as long contracts dwindled and January options rose amid light activity. December corn jumped early with May selling by elevators. prices fluctuated as shorts attempted to cover and May closed lower on selling pressure. Wheat opened steady with firm undertone from Liverpool and traded in a narrow range.
MENTIONED IN THIS ARTICLE
Chicago
Devs
Shorts
May
Liverpool
Classified Wants and Local Advertisers
Cent a word rate with a minimum charge 145 cents. Elks Lodge room for rent Fri day Saturday and Sunday nights contact CC N Gosman Hamilton St Butte. Parisian Dye House French dyeing cleaning satisfaction guaranteed W Galena Butte M Paumie French Steam Dye Works clothes dry cleaned East Quartz G Piehan proprietor.
MENTIONED IN THIS ARTICLE
IMR
ELKS
N. Gosman
Hamilton St
Butte
W. Galena
M. Paumie
French Steam Dye Works
East Quartz
G. Piehan
FOR SALE AND WANTS ITEMS LIST FROM BUTTE AREA
A dense compilation of all caps notices includes land for sale near Missoula with 160 acres and water rights, multiple furniture and piano listings, farm stock like cows, hay and orchard details, rental offerings, and various buy or exchange ads. Also items about a postponed diamond raffle, life insurance, midwife services, and real estate office inquiries.
MENTIONED IN THIS ARTICLE
Missoula
George F. Brooks
Moni
Agricultural market report notes large acreage and cattle prices
Forenoon weakness in Argentine cables. large acreage and portable surplus reported. Primary receipts heavy with free movement toward primary points. Bulls sold late. May opened at 72.07 and closed around 71.34. Oats firm but featureless. provisions dull. Hog demand slow with rapid stock accumulation. Chicago cattle, hogs, and sheep receipts listed with mixed price ranges and declines in some categories.
MENTIONED IN THIS ARTICLE
May
Omaha live stock market report from December
Market slow for cattle with receipts of 3400. native, western, and Texas steers priced up to 40.50, cows and heifers around 40. Canners and stockers shown mixed values. Hog receipts 1100 with prices about 4.75. Sheep receipts 300 with steady demand. westerns fair to choice priced 5.95 to 6.50. lambs around 4.25 to 5.75. Additional notes cover San Francisco wool markets and Western states wool trends.
MENTIONED IN THIS ARTICLE
Chicago
Texas Fed
Texas
Omaha
Dee
Wea
Wiehe
H.wudoow
Northwestahan Bottling Works Ad
Northwestahan Bottling Works offers migr soda tron and mineral waters and all carbonated drinks. Henry Kroger proprietor, located at 120 W Park Ave Butte, contact Tel 179.
MENTIONED IN THIS ARTICLE
Northwestahan Bottling Works
Henry Kroger
Migr
W. Park
Butte
Tel
London Market Update Shows Steady Silver and Money Rates
London on December 18 reports Anaconda at 9 percent, bar silver holding at 24 pence per ounce, money rates steady at 3 and a half percent.
MENTIONED IN THIS ARTICLE
London
Treasury balance figures released for general fund
Washington shows a state treasury balance with available cash of 141,619,003 and gold holdings of 102,846,968, excluding the 15,000,000 gold reserve. Dee Washington notes the figures in today’s statement.
MENTIONED IN THIS ARTICLE
Washington
Dee
Treasury
General Fund
Mortgage offers and loan ads in Butte Montana
An opaque classified style ad promises low interest on all securities with fast confidential transactions. It lists Montana Chat tel Mortgage Co at office 21 Ligzie dik Butte and Lee Davenport at 23 W Granite St Butte for fork loans on any kind of security.
MENTIONED IN THIS ARTICLE
Montana Chattel Mortgage Co
Ligzie Dik
Butte
Lee Davenport
Granite St
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Main St
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Inquire
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Miasqua
N. Main
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Great Falls
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Inquire Butte Lighting & Power Co
West Quartz St
EE. Parks#t
Y . S. Montana
Caledonia
W. Park St
Oak St
Ilalavoyants
Madame Riley
E. Park
Hazel Earl
DR. Calder
Butte City
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Park
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Mantho Mischellaneou
Ulan, Butte
Port Daily
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East Park Street
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Davidson Grocery CO
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Cherry
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Northwest Coal CO
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Wast
Granite Street
Tarde Mair
Lutte Saddlery Company
Fouta
Butte, Mont
Mattress Factory
Hapman Mattress CO
Mattress Rial
Denver
Billings
Burlington
Phil Daniels
Agent
East Broadway
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Lea
Ammives Elite
St.ani
Gt Pails
Helens
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J K Dawson
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Whitehall
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Ice Corner
Ste. Batte
W. HM. Merrinan, G. A
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Picrot
Union Pacific Railroad Co
Zs Wnt
The
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Royal Highway
I. Bb. Choate
Salt Lake City
HM. O. Wilson
Bulte
Treasury Statement
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New York Stock Market
P. J. Goodhart & CO
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New York City
Bltie Business Directory
A. M. Patterson
Owsley
McClure Bos
Heliagle Abbay
N. Main St
M. BE Mayer
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God
Butte. P
Gugoy
Chemtat
Berrow
T. A. Grigg
BE. Broadway
Butte Mont
Washington Cafe
South Main Street
Hennessy Bik
Fo. H. Bimpose
Ment
Kutte
Cwewica Oa
Kcnoiinatlo