Stock and Bond Markets Show Listless Trade Amid Optimism
Markets moved within a narrow range as buying remained listless amid general trade optimism. Major stocks fluctuated with mixed gains in steel, rail, and machinery shares, while the bond market reflected cautious sentiment ahead of Federal Reserve signals.
Grain prices slide at Chicago market briefing
Grain prices fell sharply in Chicago with wheat off 4 to 1/4 cents, corn down 1 1/4 to 2 1/4 cents, and oats down 8 cents. Wheat futures closed at December 172 3/8, May 170 3/4, and nearby contracts under 171. Oats at December 42 and May 45 4/8, corn and provisions also quoted with December lard at 1417 and January 1412.
MENTIONED IN THIS ARTICLE
Chicago
Wits
Treasury Balance Report Description
Fragmentary OCR shows a Treasury balance snippet with numbers and garbled place names. The readable parts indicate a financial balance reference in Washington with figures 8184 296 537 49. No clear event date or named entities beyond Washington and Treasury.
MENTIONED IN THIS ARTICLE
Washington
Dreas
Holiday business up as October sales rise
Early holiday trade shows strength with October retail activity framing year end. Federal Reserve data indicate department store sales in October higher than 1924, suggesting sustained demand as the season progresses.
MENTIONED IN THIS ARTICLE
Niles
Federal Reserve
Wholesale trade in October hits five year high in retail season
Wholesale activity led retail sales in October with the longest sustained volume in five years. Chain store groups reported larger October transactions than September and outpaced October 1924, reflecting strong demand ahead of the Christmas period and signaling cautious optimism for late-year sales.
MENTIONED IN THIS ARTICLE
Francisco Quilnt
Chicago
Curb Holds Own Against Periods of Speculation
New York December 10 AP The curb market withstood intermittent selling and closed with gains across several issues. Industrials led with United Light and Power and National Power and Light finishing higher, LNG Petroleum and oils showing activity, while De Forest Radio fell to near its low. Goodyear and Continental Baking held steady amid broad trading, with modest advances and some losses in motors and radio stocks.
MENTIONED IN THIS ARTICLE
New York
Dee 10
Stength
United Light and Power
National Power and Light
Lehigh Coal
Glen Alden Coal
Lehigh
Glen Alden
Union Carbide
Lagoolands Transport
Lago Petroleum
Internatonal Petroleum
Continental
Creole
Chrysler
Stutz Motors
Cotton New York Market Report Dec 10 AP
Cotton spot quiet middling prices steady with slight changes across months and futures. Listed figures show varied values from March through October with small shifts in price per pound and documented ranges.
MENTIONED IN THIS ARTICLE
New York
Fne
Money Market Rates and Call Money Steady
AP report notes call money steady with high five low five and ruling around five. Closing bids and offers at three to four, loans against acceptances around four and one quarter, time loans mixed with collateral 60 to 90 days near four and seven to three eighths, four to six months around four and seven eighths, prime mercantile paper near four and one quarter.
MENTIONED IN THIS ARTICLE
York de
Metal Market Summary Steady Copper and Iron Prices
New York copper holds steady with spot and futures at 14 14 1 8. Tin softens with spot at 6812 and nearby futures 62 3T. Iron prices unchanged. Lead steady at 9 28. Zinc eases with spot 8 708 78 and futures 40 8 50. Antimony spot at £0.50.
MENTIONED IN THIS ARTICLE
New York
St Louis
Torrington Declares 5 Per Cent Dividend
The Torrington Company of Maine today declared an extra dividend of five per cent on common stock and a quarterly dividend of three per cent on the 10 600000 of common stock payable January 2. Three months ago the company declared a quarterly dividend of 2 3-2 per cent and an extra dividend of 1-2 per cent.
MENTIONED IN THIS ARTICLE
New York
Torrington Company
Maine
Bond Trading Limited by Re discount Uncertainty
Bond trading moved at a slow pace as investors Limited by uncertainty over Federal Reserve action after the close. No change in the rediscount rate. high grade rails led gains while industrials were lighter. Murray Body Corporation dividend nonpayment sparked selloff. foreign bonds quiet despite Sao PauloLondon financing talks. New issues include a $15 million union bond for the New York Evening Journal and other offerings priced around 93 to 100.
MENTIONED IN THIS ARTICLE
Nsw
Constructice
Telaiooto Fonsi
United
Stel
Ethichem Republic
Gulf States
Crucible
Aictiia Chai Foundry
American Locomotive
uUdwin Luccamotye
Fairman Nest
Altimore
Tracional
St Lowsuthwestern
Hich
Inerna
General Alpha General Dlectric
Mitchies
Atical International
Piper
Mercan
United State
Chissier
Hudson
General Motors
Mnan du Pont
Mederil
New York
Federal Reserve
Delaware and Hudson
Chesapeake and Ohio
Loulaville
Nashville
New Haven
Atchison
Atlantic Coast Line
St Louis Southwestern
Florida East Coast
Hamits Republic
Sinclair Oil
Gould Coupler
Duquesne Light
Wickwire
Spencer Steel
Murray Body Corporation
Liberty Bond Prices and Treasury Note Yields
AP reports New York closing Liberty bonds with bids at Liberty 2 1-28 99 28, Liberty 4s at 9.32, First 4s 1-45 101 26, Second 4s 1-48 100 23, Third 4 1-? 1LOIL, Fourth 4s 1-48 1022, and U.S. Treasury 4 1-48 106 18.
MENTIONED IN THIS ARTICLE
New York
Deo
Liberties
Liberty
L-Da
U.S. Treasury
Federal Reserve Bank of New York Statement Dec 9 figures
New York December 10 AP report shows the Federal Reserve Bank of New York’s condition at close of business December 9. Gold reserves totaled 943.998 million dollars and total reserves 969.618 million. Government bills discounted 144.190 million. all other bills 67.004 million. Open market purchases 45.57 million. Uncollected items 148.22 million. Reserved account to members 870.779 million. Total deposits 902.126 million. Federal Reserve notes in circulation 32.974 million. Reserve ratio to deposits and notes 76.6 percent.
MENTIONED IN THIS ARTICLE
New York
Transron Oil
Stoc
Devoe Rayn
Ork Stocs Exchange
Joodge Ros
ROC Union Bag
Lion Dodge Bros
Union Oil Cal Db
Union Pacific
Abilea Power
Us Ahumada
Ove Dupont
Pere Mara
Union Tk C
Ajax
Phila Co Es
TOU Allie Chalmers
Sou Dastman
Bun Phila Co
United Dyewood
United Ry
Phila
Ye Daly
Avrow
Pierce Pet
US Steel
Chile
Iews
Pitts
Tits West Va
Kleischmann Co
Pullman Co
la. S
Gabriel Baubber
Radio Corp
West Penn
Oo Ray
Reading Co Baie
Penn
Aay Ag
Weeton el Ina
Erie P
Gimbet Brosteway
Glidden
Goodrich BF
Wilson Co
Goodrich Bof P
T I. Uo Hwest
Wright Aero
Savage Arms
Armn Co
Pu Az Aay
Godyr Tor Op
Arm Co
HIB Tix
Seab Air Line
Youngs
Arnald Constab
Shittuck Ariz
Artron
Gulf Mobte Nort
Simmons Co
Baty
Atchison TS
Gulf States
Sintms Pet
Hartman _Corp
Sinclair
Atchison Pf
Havang FR LP
Helme Gow
South Pacific
South Ry UT
Austin Noehels Ae
South Ry
Autosales Corp
Howe Sound
Autosalys
Baduin
Barns Corp A
Stan Own
Barns Corp B
Tata Fa
Belding Bros
Bklyn
Inter Agtl
Bklyn U
Ori
Int
Burns Bros
Texas Pacific
the Fair Co
Calumet Aziz
Jones Bros
Kan City
Cerro de ‘Asco
Kavner J_ Co
Chingler
Jon Kelly Ring
Kelsey Whel
Chic Alton Ghesa Ohio P
Keystone Tire
EY &Y
Ray Consol
Rae Mort
McCrory
Coty Inc
Cuba
Udahy Pack Ag
Pacific
Cushmans
Suyamel Pres
Aly
Oni
Pacifie Po
Dan Boone
Montana
del Hudson Oe
Mont Wardies
Moon
Murray
Don Bots
Nyc
Norfolk
Onyx
Panenm
Otis Steel
Gutlet
Owens Rat
Ivy
Pan Am
Wis
Janhanale
Park Ilford
Pethe Fixch Sa
Penick Bord
Penn Rou
Penn Seab St
Peppe’s Gas
Federal Reserve Bank of New York
Federal Reserve
Also Mentioned on This Page
U $ Treasury
Com
United States Loan & Investment Corp
Barnum
Tinni
Hawley Ave
Space Parchive
Canon
Devaxtrant
Yonago
CURB
Fanzirs
NOBLE
United States
Scere
International Securities Trust of America
W. R. Bull & CO. Incorporated
State ST
Bridgeport, Conn
Metal Market
Torrington
Traut & Hine Mfg. CO
Connecticut
Bridgeport Brass CO
THE
D. M Read CO
Hincks Bros. & CO
Main Street
Bridgeport
Federal Reserve Bank Statement
Harris, Ferbes &Co
Itate Beaty Vian Bete
Aes the
OFFI
J. A. Merson, Inc
Sterling ST