Wall Street Holds Firm as Bond Demand Surges
The week saw a sharp stock market dip led by loan calls, while Carnegie comments on steel schedules signal possible lower duties. Bond sales set records with Chesapeake & Ohio oversubscribed and Boston & Maine bids soaring, as funds move to finance high-interest issuances amid steady money supply and planned Gulf-linked rail expansions.
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Boston & Maine Railroad
Berlin Boerse Stagnant Amid Holidays Four Trading Days
Utter stagnation marked the Berlin Boerse as the four trading days of the week passed with holidays. Only a few government securities saw activity while foreign, domestic, and American markets were at a standstill. despite this, optimism held for a peaceful year end as Balkan tensions were seen unlikely to trigger war.
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New York Times
Berlin
Boston Copper Gossip Signals Shifts in Miner Market
Boston reports thinner copper news this week with a dip in October production. Stocks on the Boston Exchange mostly fell while Rock from the Superior mine yields about fifty pounds per ton. Ore at 1,200 and 1,300 feet remains rich but 1,500 feet unproductive. The Steptoe Valley smelter line is ready for commission. New activity expands at Rose mine and Pewabic lode’s richest ground yet opened in Pewabic south drift of the 23rd level.
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Holiday Quiet in Paris Market Turns Silent
A special wire from Paris reports Christmas festivities dulling business on the course and causing markets to fade into holiday quiet. It is expected the Bourse will return to normal by early next week as international affairs recede from focus.
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New York Times
Paris
Stocks Dull in London Before Christmas Holiday
In London on December 27 the Stock Exchange showed almost no activity before the Christmas holiday with most transactions aimed at settlement after the break. Only American markets displayed any real activity amid the quiet trading.
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