Melon Cutting Of High Priced Firms Causes Reaction
New York December 8. The stock market showed irregularity with final quotations generally lower as selling followed the trend of the day. Public failure to respond to recent dividend appeals kept prices sagging while money rates remained steady amid year end demand.
MENTIONED IN THIS ARTICLE
New York
Ich
Waa
F. W. Woolworth Com
United States Steel
Rel Motors
Chrysler
Allied Chemical
International Harvester
Hican Tobacco
Case Breshins
Nalena Leach
United States
Atlantic Refining
Green Cananea Copper
Ington
Eureka Vacuum
Ord
Cocoa Cola
Wilson, Spany A
Texas Company
New
Nited
Ralls
Atchison
Lehigh Valley
Great North
Foreign exchange rates in New York quotes daily currencies
New York December 8 AP foreign exchanges show bids and asks in cents for major currencies. Britain at 4.54 1/2 pounds per dollar and 4.84 1/4 francs, France near 4.00 1/2, Belgium 13.97, Germany 23.77, Holland 39.94, Norway 25.35, Sweden 26.71, Denmark 25.62 1/2, Switzerland 19.29 1/2, Spain 15.21, Poland 11.75, Czecho Slovakia 2.96, Yugoslavia 1.76 3-4, Austria 14.12 1/2, Roumania 0.31 1/2, Argentina 40.76, Brazil 11.87 1/2, Tokio 49 12 1/2, Shanghai 49.00, Montreal 0.92 3-16, Portugal 5.17.
MENTIONED IN THIS ARTICLE
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
New York Produce Prices Steady as Receipts Rise
AP reports New York produce prices with butter steady and receipts at 23 171. Eggs show regular demand with various grades, fresh gathered and local henery whites quoted in ranges. Potatoes and onions move with broad bulk prices across island and Maine sources, while Danish white and red cabbages fetch per ton rates in Central and Western New York.
MENTIONED IN THIS ARTICLE
New York
Tong Island
Gretn Mountain
Maine
Treasury daily balance report shows large excess cash
Treasury balance in Washington on December 8 stands at $195,900,869.75 as recorded in the daily statement.
MENTIONED IN THIS ARTICLE
Washington
Daily Statement of the
United States Treasury
November yields lift cotton crop above earlier forecasts
Washington December reports show a net 219000 bale rise in this year’s cotton crop to 189.618 million bales with ginning through December 1 totaling 14.645 million bales. Final industry size awaits ginner returns in March. area planted revised to 47.653 million acres with varied abandonment and per acre yields across states including Texas and Georgia.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Census Bureau
Virginia
North Carolina
South Carolina
Georgia
Florida
Missouri
Tennessee
Alabama
Mississippi
Cotton crop ginning totals reach 14 million bales this year
Washington reports the 1925 crop ginning prior to December 1 stands at 14 44 966 running bales plus 513 840 round bales, comparing with last year’s 18 870 507 including 272 802 round bales and 12 22 659 with 284 844 rounds. State by state figures list Alabama to Virginia with Texas leading at 4 647 920 and Florida among smaller totals.
MENTIONED IN THIS ARTICLE
Washington
Alabama
Arizona
Arkansas
California
Florida
Georgia
Louisiana
Mississippi
Missouri
New Mexico
North Carolina
Oklahoma
South Carolina
Tennessee
Texas
Virginia
States
Wheat Market Edges Higher On Wet Harvest Weather
Rainy Argentinian harvest delay and firmer Liverpool quotes lift Chicago wheat early. Prices fluctuated with December at 1.40 3-3, May 1.40 2-2, July 1.32 1-2. corn opened 1-8 to 1-2 down, later easing to 1-4¢ to 5-Sc up. oats steady. provisions mixed with small gains and declines by close.
MENTIONED IN THIS ARTICLE
Chicago
Argenting
Liverpool
Metal Prices and Financials Reported in New York
METAL NEWS New York December 8 Copper steady spot and futures 1236 tin easy spot and nearby 6950 February 675 Trancasier No 2 F O B Eastern Pennsylvania 2250 2300 No 2 FO BF Buffalo 1900 2900 No 2 F O B Alabama 2000 2100 Lead quiet spot 799 Zinc steadier East St Louis spot and futures 705 Antimony 13 75 Clearing house statement exchanges 833000000 balances 101000000 federal reserve bank credit balance 84000000
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Buffalo
F. O
Alabama
East St. Louis
Nec
Federal Reserve Bank
Strong Market for Foreign Securities Contrast With Demons
New York AP reports a strong market for foreign securities while domestic issues show irregular price tendencies. Trading expands but firmer time money conditions prompt profit taking on certain obligations amid shifting market dynamics.
MENTIONED IN THIS ARTICLE
New York
Wall Street Notes Report Mixed Metal and Stock Movements
In New York the Youngstown district scrap sank to 15.50 a ton while Royal Baking Powder declared a 2 percent extra dividend. American Light and Traction faced disapproval of a 50 million issue and a plan to reduce voting preferred stock. Measured shifts in steel pipe prices, rail demand, and several corporate financings reflect cautious market activity.
MENTIONED IN THIS ARTICLE
New York, Dec
Youngstown
Royal Baking Powder
New York
Art Metal Construction Company
Iron Age
The
Steel Corporation
Curb Movements Conflict Bears Divide Control
New York December 8 AP price movements in the curb market showed a mixed day with bears selling some issues and rallies in others. Victor Talking Machine touched 121 then eased to 119.5 while Woolworth rose after a 6 cent dividend. Independent stocks like Lion Oil and Mexican Panucd advanced on news of acquisitions. Bethlehem Steel gained modestly in the industrial list amid general activity and some declines in public utilities.
MENTIONED IN THIS ARTICLE
Europe
Berlin
Cologne
Rheinelbs Union
Axon Public Works
United States Treasury
Liberty
Treasury
Manati Sugar
International Mercantile Marine
Botany Mills
Bush Terminal
Wickwire Spencer Steel
Montevideo
New York
Victor Talking Machine
Woolworth
Independental
Isaacs
Indiana
Lion O11
Panucd
South America
Spitder Bethlehem
DeForent
Land Company of
Florida
Carpet Lining Firm Incorporation Filed in Hartford
The New England Carpet Lining company of New London has incorporated under state laws to take over its existing business. Frederick W. Mercer, William H. Reeves, Frank L. McGuire of New London, and Earl W. Stamm of Norwich are incorporators for 1900 shares of no par value stock. The H. M. Land company of Norwich also incorporated for general real estate with 650000 authorized capital. Harry M. Land M. F. Land and Annie P. Huntington, all of Norwich, are incorporators.
MENTIONED IN THIS ARTICLE
Hartford
New England Carpet Lining Company
New London
Frederick W. Mercer
F. W. Mercer
William H. Reeves
Frank L. McGuire
Earl W. Stamm
Norwich
H. M. Land Company
Do & General
Harry M. Land
M. F. Land
Ann P. Huntington
Associated Gas and Electric Company
New York State
Associated Gas and Electric System
New York
Pennsylvania
Maryland
Massachusetts
New Hampshire
Maine
Connecticut
Vermont
Ohio
Kentucky
Tennessee
Indiana
Manila
P. I
K.w
25A
Pari Passu
J. G. White Management Corporation
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Chase National Bank
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Empire Trust Co
Equitable Trnst Co
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Iet Netional Bank
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Panuco Oil Company
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Grand Central Terminal
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Public Utility Commissioners of
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Standard Oil Company of
Newark
New York Stock Exchange
Standard Oi! Company of
Fidelity-Phenix Firs Insurance Company
H. B. Moore
Texas Bugar_ refining company
Texas City
Tex
American Sugar Refining Company
Wich
Texas Sugar Refining Company
Victor M. Cutter
United Fruit Company
Incorporation
Bankers Capital Company
Bridgeport
Wall Socret
HK. Gunoma
J. Sturges
J.A. Kink
R. J. Randall
H. A. McKillop
DaNiat Pyle
Rance Merpurn
Joan Kioow
Connor
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New York Corporation
Seaboard National Bank OF the City OF
Chemical National Bank OF New York
J. J. Mange
Ivideady
Eeeseee Tee
Ty Morera
Roberta & Montgomery
Mesere Sullivan & Cromwelt
Charles M. Travis
Marshall Field, Glore, Ward & Co
Edward B. Smith & Co
Brown Brothers & Co