Stock Market Opens Dull Amid Rumors and Dividends
Opening stock market trading in New York showed a hesitant, irregular tone with limited changes. Studebaker rose after a 25 percent stock dividend was announced while Kennecott Copper resumed dividends at 3 percent. late gains offset earlier broad selling and the day closed firmer with selective rallies in industrial issues.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Kennecott Company
Studebaker Tion
York
Studebaker Board of Directors
Sterling
Claett-Peabody
Erie
Woolworth
United States Alcohol
Ibe
California Petroleum
Baldwin
United States Steel Common
Pan-American
Studebaker
Peoples Gas
Tidewater Ol
Torchard
Great Northern
St. Paul
Louisvile
Nashville
Gulf States Steel
Houston
New Jersey
Mhide
Leather
Chicago and North Western
Unison Pacific
Kennecott Copper
Kennecott
Kelsey Wheel
Rowa
Standard Oil
Pittsburgh Coal
Southern Halfway Preferred
Foreign Exchange Rates Show Wide Variations in London and Montreal
New York December 6 Foreign exchange markets present irregular quotes with Britain at 4.54 percent on demand and 4.55 on cables. France 6.05 on cables, Italy 4.92, Germany 5 16 on cables, Norway 1, Sweden 26.08, Spain 16.46, Poland and Czechoslovakia listed among various demand and cable figures. Montreal exchange quoted at 104 1.32.
MENTIONED IN THIS ARTICLE
New York
Britain
France
Italy
Berghim
Germany
Welland
Norway
Sweden
Switzerland
Spain
Poland
Slovakia
Montreal
Wheat Prices Fall In Late Chicago Session
Wheat failed to hold early strength as selling pressure rose with stock market declines. May futures eased to 1.15 to 1.15% while July slipped to 1.07% with mixed gains elsewhere as rains in Argentina and domestic forecasts influenced cautious buying. Corn and oats followed wheat with softer tones, though some late support appeared before the close.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade Seasion
Liverpool
Argentina
Potatoes Shipments and Prices Reported Across States
Potatoes dull trading with 616 cars shipped nationally. Wisconsin round whites No 1T6 86c per cwt. Minnesota round whites No 1 754850 cwt. North Dakota Red River Ohioa 85c per cwt. Idaho sacked No 1 $1.05 per cwt.
MENTIONED IN THIS ARTICLE
Chicago
United States
Wisconsin
Minnesota
Minneso
Butter and Eggs Prices Rise in Chicago Market
Butter markets firm with creamery extras at 65 3/4 cents and higher standards. Egg receipts total 2,322 cases with prices transforming. ordinary and firsts show gains. Poultry alive prices unchanged as of December 5 in Chicago. miscellaneous lines list varied crate and refrigerator values.
MENTIONED IN THIS ARTICLE
Chicago
Price of Spuds Slumps on Heavier Receipts
Price declines in local potato markets despite firmer nationwide values. U S bureau report notes 10 to 16 cent drops in local Chicago area prices while other fruits and vegetables, including cabbage and onions, show varying gains and steadiness. New York market figures for Danish cabbage and saldwin apples cited with regional price ranges.
MENTIONED IN THIS ARTICLE
Chicago
United States Bureau of Markets
Antona
New York
NY Stocks List From Associated Press Leaks
A long OCR listing many stocks and companies traded on New York exchanges. Notable entries include General Motors, United States Steel, Chrysler, American Can, Bethlehem Steel, Reading, Pennsylvania, Southern Pacific, Southern Railway, International Harvester, Kennecott Copper, US Rubber, Westinghouse Electric, and numerous others.
MENTIONED IN THIS ARTICLE
Boths
Norfolk and
Gulf and West Indies
China
Crucible Steel
General Motors
Iinoia Central
Invincible
Louisville
Nashville
Middle States Oil
New York Central
Buene Northern Pacific
Pan American Petroleum Pure Oil
Rep. Iron and Steel
Sears Roebuck
Southern Railway
Tennessee
Texas and
Pacific United
United States
Willys Overland
Chicago Northwestern
Maxwell Motors Ballied Chemical & Dye
Allla Chalmera
American
Amonean Car & Foundry
American Internnational Corp
American Locomotive
American Sugar
American Sumatra Tobacco
American T
T.américan Tobacco
Atchison
Baldwin Locomotive
Baltimore and Ohio
Bethlehem Steel
Icago
Chicago
R. I
Pac
Colorado
Weld Ccecewcceessas
Lasky Ask General Asphalt
General Electric
Goodrich Co
Great Northern
Inspiration Copper
International Harvester
Int
Mer Marines
International Paper
Kelly Springfield Tire
Kennecott Copper
Sos Mexicin Petroleum
Miami Copper
Midwaio Bree
Misesour
Pacific - Ee
N. Y
N. H
Hartford
Oklahoma
Pacific Oil
Pennsylvania
People’s Gas
Rey Consolidated Copper
Reading
Royal Dutch
N.y.sinclair Con Oil
Southern Pacific
Standard Oil
N. J.studebaker Corporation
Texans Co
Toumeo
U. S. Ind
Utah
Westinghouse Electric
Buite
Superior
Chicago live stock market report shows varied hogs cattle and sheep activity
Hogs receipts 57 000 with mixed prices across weight classes and quality. Cattle receipts 166 000 with slow beef steers and weak to lower tone on lower grades. calves strong to 25 cents higher. Sheep receipts 12 000 opening slow with fat lambs steady and best feeding lambs around 14.60.
MENTIONED IN THIS ARTICLE
Chicago
Department of Agriculture
Outeldere
Omaha
Neb
United Cutee Department of Agriculture
Aloady
Atockera
Market Reports From Omaha and Denver Cattle Hogs and Sheep
Omaha cattle and hog receipts show mixed to lower packing values with beef and veal prices steady to higher in parts. Denver cattle and hog receipts reflect steady to weak markets with beef steers and stockers/ feed ers showing moderate ranges and calves and lambs varied by class.
Standardization of Oil Drilling Equipment Urged
St Louis December 5 The Associated Press reports that standardization of drilling and refining equipment was a principal topic at preliminary committee meetings ahead of the third annual American Petroleum Institute convention. Natural gasoline manufacturers joined with the institute on the talks. Improvements in refining and marketing gasoline and petroleum were also discussed. the API lists about 3000 members including major American dealers.
MENTIONED IN THIS ARTICLE
ST. Louis
Associated Preaur
American Petroleum Institute
Association of Natural Gasoline Manufacturers
Institute
America
Metals Update From New York Market Averages
Copper steady as spot and futures hold. tin firm at 36.20 cents and futures 36.97. lead quiet with spot 7.10 to 7.35. zinc firm with East St. Louis spot 7.15 to 7.26. antimony spot 6.50 to 8.75.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Money market rates and call loans report
Call money firm with high 4 and low 5, ruling 5, closing bid 5 percent. Last loan 6 percent, call loans against acceptances 44 percent. Time loans steady with mixed collateral 40 to 90 days at 4 percent, 64.4 month 4 percent, 05. Prime commercial paper 44.
MENTIONED IN THIS ARTICLE
New York
Dec
Sugar futures hold steady as refined market quiet
Sugar futures in New York opened steady with approximate sales around 21,550 tons. The refined market remained quiet with prices unchanged at 7.10 to 7.55 for fine granulated sugars.
MENTIONED IN THIS ARTICLE
New York
New York Bar Silver Quotation Rises Amid Transport Cost Drop
New York on December 5 reports bar silver for domestic origin rose from 44 1/4 to 90 1/0 per ounce 090 fine. The increase reflects lower transportation costs as the government resumes accepting delivery of silver purchased under the Pittman act at the Philadelphia mint rather than Denver.
MENTIONED IN THIS ARTICLE
New York
Philadelphia
Penver
Ewes and feeder trade figures from limited OCR data
Fragmentary OCR notes show ewes priced around 66.50 with 12.009014.00 units and feeder lauite listed at 1200m 1b.208, indicating agricultural market pricing but details are unclear.
MENTIONED IN THIS ARTICLE
Lama
Fargo Oil plans big development in Poison Spider fields
At the Fargo Oil company annual meeting officials announced an intensive development campaign for properties in the Poison Spider and South Casper Creek fields after a test well showed big production. A new pipeline to Casper is planned for spring, and W. D. Weathers was reelected president with Ben Hunsaker as vice president and other officers named. The Sixshooter structure near Billings yielded an estimated 20 barrels from Eagle formation, while a Riverton absorption plant delay shifts gas processing to later in December. The Navajo Council met at Shprock Indian Agency with major companies and towns represented, and Midwest Refining and producers discussed wells and spudding in. broader market notes project a strong 1923 petroleum boom.
MENTIONED IN THIS ARTICLE
Fargo Oil Company
Poison Spider
South Casper Creek
Casper
W. D. Weathers
Len Husaker
Harve Robingon
Q. K. Denver
Runden
Producera & Refinery Corporation
Riverton
Tt Ia
Billings
Eagle
Independent Torpedo Company
Navajo Council
Holbrook, Arit
Navajo
Shprock Indian Agency
Companiésa
Bureau of Mines
Midwest
Navajo Reservation
Fort
Producer & Refiners Corporation
Section Lai
California Smoke Well Produces Oil From Sand Layer
A well in the Kevin Sunburst field, southwest quarter of the northwest quarter of section 25 35 2, shows strong potential with 800 feet of oil in the hole. Production emerged after penetrating eight feet of sand at 11 feet, indicating a good producer.
MENTIONED IN THIS ARTICLE
California
Kevin, Sunburst
Test Started at Holbrook
Fragmentary note describes a test started at Holbrook near a location four miles away with unclear date and context.
Notice of Sale of School Lands in Natrona County
State board approves sale by public auction on December 20 1922 at 10:00 A M at Casper Court House for all section 16 township 34 north range 79 west 6th meridian totaling 640 acres with appraised surface rights value 13 13 per acre and minimum bid rules. Purchasers must convey mining and mineral rights back to Wyoming with terms: at least 10 percent cash and balance in up to eighteen annual payments at 4 percent interest. Sale subject to rights of way ditch company and vein or lode rights. Board may reject bids.
MENTIONED IN THIS ARTICLE
State Board of School Land Commissioners
Commissioner of Public Lands
Casper
Natrona
State of
Wyoming
A. P. No
H. L. Stacy
United States
Beal
A. P
Buffalo Creek Live Stock Company
Robert D. Carey
A. Baker
Change in control of three large oil firms in Salt Creek region
In Casper a meeting results in new management for Marine Oil, Glenrock Oil, and Royalty & Producers Corporation. Max W. Ball leads with Robert G. Taylor as vice president. J. F. McMahon, James Owen, and others serve as officers and directors. Judge Owen describes the move as a private deal with New York associates aiming to fund development. Taylor confirms no Standard Oil Group participation and expects continued policies.
MENTIONED IN THIS ARTICLE
James Owen
Max Ball
Denver
Salt Creek
Cat Creek Mottana
Max W. Ball
Companion Iy
Western Pipeline Company
Ling
Marine Oil Company
Robert G. Taylor
J. F. McMahon
Arc Retaary
I. N. Clay
W. ©. Merryweather
George T. Bradley
Glenrock Oil Company
W. Raetao
G. R. Hagens
L. F. McMahon
H. B. Durham
G. L. Ferguson
W. O. Merrieweather
Royatry & Producers Corporation
F P. Pandolph
Jamoa Owen
Georie T. Bradley
Robert K. Staley
Judge Owen
New York Associates
Taylor
Bond market snapshot of 1920s foreign and US issues
Fragmented list of bonds and notes with percentages and prices. Includes French Republic, Kingdom of Belgium, United Kingdom, American Telephone and Telegraph, Bethlehem Steel, Goodyear Tire, Grand Trunk Ry of Can, Western Union, Reading, and others. Lists values around 60% to 110% with coupons and maturities implied in the scattered OCR.
MENTIONED IN THIS ARTICLE
Con
French Republic
Kingdom of Belgium
Tel. Co
Tel. Col. Tr
Armour and CO
Paltimore
Ohio
Bethlehem Steel
P. Im
Chi
Burl and
Quincy
St. Paul
Goodyear Tire
Grand Trunk Ry
Can
Grand Trunk
Great Northern
Cenceewe
Wis Mo
Kan
Texans
Montana Power Us
New York Central
Reading
Tinton Pacific
Aed Arenanscey
T. S&s
U. & Rubber, Bs
Wapatennganttss Oassoenae
Utah Power and Light
Gata Acieeeseie
Jae Og OL Tis
Aaletebes Despesmiee
Western Union
Westinghouse Electric
Also Mentioned on This Page
Glenrock
Mutual
Omar
Associated Preas
Wirs
Colo
Theo
Bee
Taylor and May
Heaton Buck Creek
Escoe
Blackstone Bait Creek
Black Tall
Chappell
Columbine
Consolidated Royalr- Capitol Pete
Elkhorn
Wyo
Tex
Merritt
Indiana
New York Oil
Mammoth Oil
Liberty Bonds
Sis
Hamilton
Cat Creek
Mule Creek
Galt Creek
Big Muddy
Rock Creek
Osage
Lance Creek
Sheena Lou Grasa Creek
Orehlight
Elk Basin
NEW Fargo
Mugh Development
Bae Wee Se Ae
Holbrook
Arizona
Financial Notes
United Frust
Loose Wiles Biscuit Company
Bradstreet
Kevin
Dee
Glenrock, Marine and R. & P
Marine and Glenrock O1
Royalty & Producers Corporation
Taylor Inter
New York Bonds
Se Nai
Vieotto
Aire
PN Ae
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