Loans Called On Large Scale In New York Stock Market
New York December 5 The stock market lagged with agitation as speculation faced heavy margins. Banks repeatedly called loans to reduce deposit liabilities amid declines and reserve strains, while a treasury report sparked a late rally. Bond and money market data show high call rates and fluctuating prices as traders reassess liquidity and risk.
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Market declines and cattle receipts in Missouri reports
Cattle receipts total 17 000 with a market ready to fall by a cent. Christian cattle and dress beef steers priced around 8 50 to 6 78, southern and native cows varied. Hog receipts 11 000 show higher prices, pork and lard quoted, with steady to firmer undertone. Also notes a fatal pistol duel in Pine Bluff Arkansas where former Chief Culpepper was killed.
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