Railroad consolidations and corn outlook weigh on markets
In Babson Park mass a weekly market note surveys railroad consolidation prospects under ICC plans and voluntary schemes Coolidge supports voluntary mergers. It forecasts improved corn prices, rising hogs, and favorable credit for farmers while noting cattle gains. Suburban retail shifts, powdered coal prospects, cheese stock excess and denatured alcohol demand shape near term trends with stable prices ahead.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Interstate Commerce Commission
Coolidge
Congress
Markets Commodity Be Closed Saturday
Markets across commodities will be closed Saturday January 2 with a three day recess until Monday. The New York Stock Exchange New York Curb Market and Consolidated Stock Exchange will remain open Saturday after the New Year holiday while other markets suspend operations. Chicago hog and cattle receipts and prices are reported with notable shifts across weight classes and types, including declines in hogs and mixed changes in cattle and sheep values.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
New York Curb Market
Consolidated Stock Exchange
Wheat prices rise after wavering start in Chicago trade
Chicago wheat moved higher after an uncertain start with openings 11 to 14 cents higher. Corn opened steady to 5 cents lower while oats fell 8 to 8.5 cents before reversing. The provisions market tracked hog values and eased.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Poultry Prices Stable On Year End Markets
Chicago buyers report poultry prices with alive fowls selling from .23 to .03 per unit, springs 81 for turkeys at 80, roosters .17, ducks from .25 to .80, geese 20 to 22, reflecting year end market activity and general price ranges.
MENTIONED IN THIS ARTICLE
Chicago
Poultry Alive
Chicago Potato Market Slows as Prices Edge Up
Potatoes trading slowly in Chicago with a weak market noted. Wisconsin freights show a slight advance with round whites cited at 4.00 to 4.25 per bag and Idaho sacks around 4.25.
MENTIONED IN THIS ARTICLE
Chicago
Wisconsin
Idaho
Wheat Pulled Down as Traders Sell Late in Session
Chicago price action shows traders selling wheat late, causing a downslide in the final hour. Wheat closes unsettled and 8 to 3 cents lower, while corn ends irregular with slight declines to modest gains.
MENTIONED IN THIS ARTICLE
Chicago
Stock Market Opens Year With Firm Tone Amid Prospects for 1926
A wide range of issues showed strength as investors priced in 1926 prosperity. American Can rose to a record high, American Smelting neared 148, and Delaware & Hudson topped 15. Chrysler and several other industrials advanced, with hefty blocks exchanged, helping lift total volume near 2,100,000 shares. Opening trading saw gains for Chrysler, Radio Corporation, and American Tobacco, while tax-related limits and merger activity influenced the day. Foreign exchange remained steady with sterling around 4.84 7/8 and French francs up to 3.73 1/2 cents.
MENTIONED IN THIS ARTICLE
Delaware & Hudson
Chrysler
Stanard Oil
New Jersey
Woolworth
Sears Roebuck
New York
Hoover
Tebaccn
Chrysler and Radio Corporation
Mathieson Alkali
PEI Nation
National
Woolworth and
Wew
York
Foreign Exchange Rates Dated December 31
New York AP reports irregular quotations in global exchanges with cents figures for Britain France Italy Belgium Germany Norway Sweden Denmark Switzerland Spain Greece Poland Czechoslovakia Yugoslavia Austria Britain and Argentina Brazil Tokyo Shanghai Montreal and more.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
France
Italy
Belpiem
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Gzechoslovakia
Jugoslavia
Austria
Rritania
Argentina
E ‘Ats
Brazil
Tokyo
Bhanghai
Montreal Oo
Live poultry prices report from New York market
New York dispatch lists irregular live poultry quotes with chickens and ducks varying by freight and express shipments. Broilers and fowl prices range from 30 to 52 cents, ducks 82 to 84 cents, geese 26 to 28 cents, and dressed poultry and turkeys shown with regional price spreads.
MENTIONED IN THIS ARTICLE
NEW York Poultry
New York
Des
Express
Cash Wheat and Corn Prices Listing
Chicago markets show Wheat No 1 hard between 5 and 187 12 with several bid ranges for No 2 hard. Corn No 4 mixed at 75 to 76 and No 2 yellow 76 2 8 to 79 1. Oats No 2 white 48 to dd 1 2. Rye barley and timothy seed prices noted with hay and lard figures and rib prices.
MENTIONED IN THIS ARTICLE
Chicago
Closing Prices and Cotton Report From District Markets
The report covers cotton ginnings for 1925 and 1924 with figures of 490,000 and 355,929 bales, plus fruit and vegetable movements for November and the season. It notes generally satisfactory banking conditions in the Sixth District, farmers holding cotton for higher prices, reductions in loans, and a rise in savings deposits. Debits, imports, and building permit values are discussed, with lumber orders up in November and coal and iron outputs steady. Silver, Mexican dollars, butter, and eggs pricing are also listed, reflecting market activity in New York and Chicago.
Trade in Sixth District Shows Mixed Improvement in 1925
The Atlanta Federal Reserve notes general satisfactory conditions in most parts of the sixth district despite drought pockets. Retail sales rose 8.6 percent in November year over year, while wholesale activity remained strong. cotton production is forecast at about 15.6 million bales, up sharply from 1924, with ginnings near 5.31 million. Building activity stays high, loans and deposits exceed a year ago, and debit totals in mid-December rise over last year. Weather aided picking late November, though rail congestion and sugar prices hinder some commerce.
MENTIONED IN THIS ARTICLE
Alkonta
Sixth
Federal Reserve
Atlanta Federal Reserve Bank
United States Department of Agriculture
Census Bureau
Ikig
I Florida
Louisiana
Florida
New York Market Notes on Butter Sugar and Eggs
New York butter steadies with creamery extras at 48 to 48.5 cents and firsts at 45 to 47.5 cents. Fresh gathered eggs for extra firsts quoted 43.5 to 44.5 cents, firsts 41.5 to 42.5 cents. Cheese firm. raw sugar unchanged at 4.18 to 4.21 cents per pound. refined sugar unchanged.
MENTIONED IN THIS ARTICLE
New York
St Louis Wheat Prices and Futures Decline Referenced
Stationed in St. Louis with December 31 prices for No. 2 and other wheat grades, No. 2 hard and various corn and oats figures. Futures show December wheat at 1.45 1 2, May 1.78 3 4, July 1 1 2 bid, corn May 83, July 87 bid.
MENTIONED IN THIS ARTICLE
ST. Louis
Call Money Rates and Terms in New York Market
New York call money figures show a high of 6 percent and a low of 6 percent with a ruling at 6 percent. Closing bid and offered at 6 percent, 1 4. Time loans are firm with 160 to 90 day maturities quoted 4 7 8 to 5 and 4 4 83 to 5 for 4 to 6 months. Prime mercantile paper ranges 4 14 to 4 1 2.
MENTIONED IN THIS ARTICLE
Call Money
New York
Call Money Firm
Prime Mercantile
For Sale: Several Small Dwellings at Federal Project
J Thamrick president offers multiple small houses on a plant property labeled must be moved at once. See W Sharrett at Holston Coal Company for details. December 31.
MENTIONED IN THIS ARTICLE
W. Sharrett
Holston Coal Company
Cotton futures close higher on year-end trading
Cotton futures in New York closed with gains across nearby and deferred months. January settled around 19.90 to 19.90, March near 19.52, May about 19.28, July near 18.87, and October around 18.22 as activity wrapped up for December 31.
MENTIONED IN THIS ARTICLE
New York
Clearing records broken in New York 1926 totals rise
New York bank clearings in 1926 set new records as totals reached 283,619,284,635 dollars, surpassing the previous year’s 249,868,191,338 dollars. The report notes the surge in yearly bank clearings for the city.
MENTIONED IN THIS ARTICLE
New York
Dee
Government bonds close with varied yields in New York
New York AP reports on December 31 government bond activity with Liberty 8 3/8 at 299.19 and Treasury issues around 100.14 to 100.26, noting small movements in several maturities and brief percentage changes amid end of year trading.
MENTIONED IN THIS ARTICLE
New York
Liberty
Treasury
General Tire and Rubber Company Issues Statement
Akron Ohio AP reports the 1925 General Tire and Rubber Company financial statement showing earnings of 44 dollars per share of 50 dollar par value common stock after costs and taxes. Net profits were 1,848,298 on sales of 18,700,000 with turnover 212 times total assets and a 60 percent rise in gross business from 1924. The firm increased surplus, paid 14 percent on common stock, and dividends at 7 percent on some stock.
MENTIONED IN THIS ARTICLE
Akron
Dee
General Tire and Rubber Company
General Tire
Richmond Death Toll Through 1923 and 1925 Violent Year
Richmond reports a high violent death toll for 1923 reaching 150. Cars caused 37 fatalities, murders in 1925 outpaced 1924 with 31 cases, personal crisis reports totaled 31, and drownings numbered 17.
MENTIONED IN THIS ARTICLE
Richmond
Colonel Coolidge Recovers Some Public Life in Plymouth
Colonel John Coolidge father of the president was able to sit up today and transact all business with his physician T W Cram of Bridgewater noting he had been confined to bed for days after losing use of his lower limbs.
MENTIONED IN THIS ARTICLE
Plymouth
Dee
John Coolidge
T. W. Cram
Bridgewater
Coolidge
Legal Notice From Kingsport Time
A legal notice from Kingsport indicates payments are due after March 1st. The message urges timely payment and references a party named Aetare with a date in March for settlement.
MENTIONED IN THIS ARTICLE
Kingsport
Aetare
Mar
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al, Chom. & Dyeild
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Sullivan County