Stock Market Falls Amid Weak Trading On Dec 27
New York reports a heavier market tone with losses of a point or more in leading issues. Trading was light as professional short selling weighed on prices and a local bank failure hint underscored market anxiety. bond activity was irregular with total sales about 2.25 million par value.
MENTIONED IN THIS ARTICLE
New York
Becae
State Banking Department
United States
Look Back Look Ahead to Savings and Growth
A 10 year look back at earnings shows how much you could have saved with steady deposits. It asks readers to imagine wages $2 or $5 lower weekly and then project future savings at 4 percent compound interest. The State Savings bank offers help to achieve long term financial success.
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State Savings Bank
Wall Street Briefing on Market Rates and Sterling
New York on December 27 reports close Prime mercantile paper at 4 percent. Sterling exchange weaker with bankers bills at 482.20 for 0 day and 485.25 for demand. Money on call steady at 3.243 percent, ruling rate 3 percent, closing bid 3 percent, offered at 3 percent.
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New York
Sterling Exchange
Local agency promotes rapid sale of household necessities
advertisement from H. M Co. Dept. A inviting agents nationwide to sell daily goods. mentions time loans dull at 60 days and 6 months with various rates, commercial bills, and coins including Mexican dollars. notes government bonds steady and railroad bonds irregular.
Copper and lead prices steady with mixed local quotes
New York copper markets show quiet activity with spot and forward prices around 12.15 to 12.50 for various months. Arrivals reach 119 tons, customs exports total 24 519 tons this month, and lead and spelter quotes hold near 4 40 to 5 60 in New York and East St. Louis amid holiday disruption.
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New York
London
Custom House
East St. Louis
Chicago Markets Winter Wheat Belt Weighs on Prices
Chicago gains weather driven pressure as rain and snow forecasts sharpen demand while visible supplies rise. May wheat fluctuates and closes firm. corn, oats slip modestly. provisions rise then pull back. Pork, lard, ribs post mixed after hours with notable price shifts across contracts.
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Chicago
Mtge
Iwe
Chicago cattle and hog receipts up with varied prices
Cattle receipts estimated at 9 031 market strong Reeves 46507 99 Texas steers 4254 western steers 45 9 stockers and feeders 3 405 8 cows and heifers 2 556 25 calves 7 26 3 59 Hogs receipts estimated 15 000 market selling higher light 7 60 8 mixed 7 65 8 heavy 7 60 8 7 75 good to choice heavy 7 78 pigs 7 25 78 06 bulk of sales 7 50 00 7 95 Sheep receipts estimated 10 000 market 47% higher native 2 654 74 35 western 2 75 1 39 yearlings 5 4 76 5 8 lambs native 4 25 06 50 western 4 75 6 40
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Chicago
Reeves
Texas
Lambs
Western
Chicago dairy market notes and product codes
The fragment lists Butter-Steady Creameries and Cheese-Steady items with prices and codes such as 23 29¢ and 21 21 Kegs-Steady. Mentions LGM cage at mark, prime firsts, 19% 22gr, and other stock or receipt notes. References Young Americas Miyality longhorns in a brief line.
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Chicago
Dee
Wool market sees steady prices for territory stock
Boston reports renewed interest in territory wool with heavy sales in graded and original stock. Fleece wools hold at 2 cents for half blood. Montana staple sells 2 to 8 cents clean, Montana and Idaho half-bloods at 60 cents. Michigan and nearby wools limited. Texas and California products slow.
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Boston
Mass
Territory
Montana
Idaho
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Texas
California
Wheat and flax futures and cash prices reported in Minneapolis
Minneapolis market notes show December wheat at 1.00 and May at 1.08, with July at 1.04. Cash bids quoted No. 1 hard 1.025. No. 1 northern 1.014 to 1.02. No. 2 northern 0.983 to 1.00. No. 3 wheat 0.975 to 0.99. Flax closed at 2.88 and corn bids ranged for No. 2 yellow 1.44 to 1.44 4.42, No. 3 white 0.38 to 0.39. rye No. 3 about 0.66 to 0.78.
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Minneapolis
Northern
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