Markets, Mining and Financial News Prices Drop On Large Offerings
Chicago markets show wheat declines across all months as large December deliveries spark selling. May and July wh eat hold firmer support, while corn oats and provisions drift lower amid light demand and bear sentiment. Foreign exchange news and grain specifics accompany a broad market snapshot from Minneapolis and Chicago.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Dt Inewase
Russia
Germany
United States
New York Stock Prices Edge Higher Amid Holiday Trade
New York stocks opened up on lighter volume as holiday approaches. Mellon tax action and year end dividends buoyed sentiment with May Department Star and Computing-Tabulating-Recording hitting new highs. Oils, sugars, and tobacco led gains as Erie issues showed continued strength in the railroad list and foreign exchange prices moved to new lows before rallying.
MENTIONED IN THIS ARTICLE
Associated Press
New York
House
Ways and Means Committee
Mellon
May Department
American Petroleum Institute
Rocky Mountains
Standard
United States Steel Common
Baldwin
Studebaker
Central Leather Common
Atlantic Gulf and West Indies
Schulte
American Hide and Leather
Associated Dry Goods
Endicott-Johnson
United Drug
Omaha Common
Barnet Leather
Consolidated Cigar Preferred
Erie
Soo
Katy
NEW York Stock Exchange
Lausier-Wolcott Company
Some Recovery From Setbacks In Early 1924 Market
Yolcott Co shows partial recovery from recent setback with volume selling pressure easing. American Petroleum Institute report notes another production reduction. Gasoline prices advance in some regions. Washington tax revision reports raise optimism on bonus. Stock market cheer spreads on extra dividends and improving business tone. Centrifugal Cast Iron Pipe stockholders approve asset transfer to Centrifugal Pipe Corp. New Delaware firm to hold 300000 shares. exchange ratio set. Centrifugal Cast Iron Pipe preferred shares retired. National Lend seen poised for stockholder gains amid rising earnings prospects. Building demand boosts company product outlook for 1924. Spokane reports Northwest history in focus.
MENTIONED IN THIS ARTICLE
Yolcott Co
Oil Department
American Petroleum Institute
Unie
Washington
New ‘Company
Dar
National Lend
Spokane
Northwest
Hogs and Cattle Receipts from Multiple Markets Dec 20
Hogs receipts around 64,000 in Chicago with market slow and mixed bids, 180 to 225 pound hogs averaging near $6.50 to $7.10. Cattle receipts about 11,000 with uneven demand and some higher weight steers around $8.50 to $9.25, vealers steady. Sheep receipts 12,000, very slow with fat lambs steady to higher. Other markets include Omaha and Denver with similar slow-to-moderate activity and varying price ranges for hogs, cattle, and sheep.
MENTIONED IN THIS ARTICLE
Chicago
Omaha
Neb
Associated. Prost
United States
Denver
Colo
South ST. Paul
Minn
Ted Leshy
Trade outlook and steel demand cited by Crucible Steel chief
Horeace Wilkinson, chairman of Crucible Steel, predicts 1924 steel consumption will be the largest since the war. He notes active steel buying by automobile companies and mentions United States Steel's planned annual employee stock offering, previously set at 107 to 107.5 in recent years.
MENTIONED IN THIS ARTICLE
Belter
Horeace Wilkinson
Crucible Steel Company
Stecl
United States Steel Corporation
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Minneapolis
Porfign Exchange
York
Great Britain
Capige
Brazil
Montreal
Sme Arencie
Ai River
Michigan
Chaimere
Rcan Car & Foundry
Ailiea Chemical
Ean International Corporation
Cox
American Topacco American Agriculty
Bettlenem Steel Tive Ing
Baltimore & Ono Ff
Northwestern
Soag Ee
Raven Im
California
Peeroieu
Ik Ib
Diviva Ak
Ahioo Bri Ae Ag
General Electric
Gooarte General
General Ae
Hi Gui
Founton
Hudson Motos
International Marine
Kansas City
Hesly-Sfeld
Boui
Pennsylvania
Jacere Finer
Estack
Associated
Bret
United States Department of Agricetture
The
Assne
United States Department of Agri
Mt of Agri
Unitedd States Department of Agriculture
Portland
Agel
California Averas
New Jersey
Hennery
Atige
Replogie
Stromeitie Coat and Oi
Ts ‘Company Ag
Uni Etates Steel
Ue Yan Co
Garotina” Chemical i
Yanediom Am
Bonds
New Yor Dee
Rlees Fonds
United BT
Liberty
United
Caecho-Siovak
Canove
Ay Beerench
Nova Bhis
Abe Ume
Gr Brit
America
RTR Atchison
Ita Feener
Baltimore & Ohio
Chile
Bengayivania
Bourhern Pacific
Union Pacific
Magma Copper Bonds
Ates
Magma Copper Company
C “Lauzier A CO
Chicago Board of Trade
Salt Lake
By al Posen
First National Bank OF
Butte
Montana
Burpias
Andrew J. Davib
J. & Stephenson
George A. Hill
Andrew J. Davis
Metals Bank and Trust CO
Leave Butte ‘Dam
Jem
Intermountain Transportation CO
United States Mail
Drummond
Helmville
Ovando
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