Stock Market Ends Odd Day With Mixed Sessions
Yesterday the stock market showed irregular moves with modest early strength, broad selling at midday, and slight late recovery from lows as shorts covered. High call loan rates suggested no weak holdings, while volume contracted and banks faced cash declines amid currency flows and expectations of firmer money rates ahead.
Chicago Market Trade Shows Bulls’ Late Rally and Mixed Prices
Chicago November 29 report notes bulls forcing late gains to be given back by opponents while corn and oats drop for December and May. Wheat weak after holiday, Armour shifts to May with a wave of December selling. December corn ends near 38 1/2 cents, May at 43 1/2 to 44 cents. Provisions dull. January pork around 1452 to 1455, lard 84 to 85, ribs near 77.
MENTIONED IN THIS ARTICLE
the Tribune
Chicago
Armour & Co
Baltimore Stocks Report From Van & Chaick Co
The Baltimore stocks brief lists bid and asked figures for various securities. Entries include railway, cotton duck, light and power, Chesapeake City Ry, and Maryland Trust among others with price levels and percent indications.
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van &Chaick & Co
Wall Street
Sapien
Norf Ry & 1 Sa
Light & P
Chas City Ry
T Consol Gas Sd
Meryland Truat
Irregularity in Stocks Drives Rates Up
Consolidated Exchange reports irregular stock sales with rates advancing to 27 percent. A bank forecast predicts unfavorable conditions and an estimated cash loss exceeding 4 million dollars. Total daily sales reach 5 507, with unlisted assets noted.
London Markets Show Strength in American Securities
London quotes show strong demand for American securities with gains in Anaconda Atchison NY Central Pennsylvania Reading Union Pacific US Steel and its preferred, amid foreign money rates London open market discounts and Paris and Berlin exchange rates also noted.
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London
New York
Anaconda
Atchison
NY Central
Pennsylvania
Reading
Union Pac
US Steel
Berlin
Paris
Paris Exchange
Berlin Exchange
Money Market and Foreign Exchange Mixed in Tedious Trading
Money on call opened at high rates with a wide spread as sixty to ninety day time money showed 6 to 9 percent figures. Sterling softened slightly amid a dull market and short franc and reichsmark trades moved lower. Bank clearings and government receipts painted a cautious financial mood with modest excess of receipts over expenditures.
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C.s
Seseeree
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Reichsmarks
Partin Hens Os
Belgium
Switzerland
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eVbacross- Rasts
cox+ RO
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Sec
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Telegraph
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Wall Street Markets and Foreign Trading Update
Foreign houses traded 2% 0M shares in the local market with all purchases. London market firm with Rio Tinto strength. Bank of England shows strong weekly return while discount rate stays at 6%. Middlesboro iron drives UK speculation. copper bids lift Lake copper to 22% cents. Nipissing shares slide amid insider selling and charter rumors. Tennessee Coal and Iron earns near 10 million annually. Illinois Steel reports premium prices. extra dividend declared by Safety Car Heating and Lighting.
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Rio Tinto
Bank of England
Foreign Iron
Rogers, Brown & Co
Middlesboro
America
Germany
France
Great Britain
Lake Copper
Michigan
Boston Dispatch
Charles G. Gates
Illinois Steel Company
New York Produce Exchange
Standard Foundry
Safety Car Heating and Lighting Company
United Box Board and Paper
United Box Board and Paper Company
New York, New Haven & Hartford Railroad Company
The
Stock Exchange
Pittsburg, Youngstown
Foreign Bank Returns Show Shifts In U K And France
London reports a rise in total reserve by 2 25 million pounds and a fall in circulation by 135 900 with bullion up 2 124 862 and public deposits down 2 273 000. Bank reserve ratio rises to 44.92 percent from 32, notes in reserve up 2 202 000. Bank of France notes in circulation up 81 450 000 francs and bills discounted up 149 475 000 francs while gold on hand drops 2 francs (likely a misprint) and silver falls 6 760 000 francs.
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Sra
Lopeatttien Law
Alice Mining
Adams Ress
Sale
Albany & Sus
Allis-Chalmers
Ite
Amat
Car & A
Amer Agr Chein Beit
Balto & Ohio
Amer Car & Fdy
Ches & Ohio
Joe Pes
Chic Mil & St P
Amer Gr
Amer Hide & L
Trm
al Co
Americe Sec
Bsa
Mo Kan & Tex
Iss
SONY
Sty
Samal¢ Co
Pacific Mail
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Issouri Pac
Nat Biscuit
Ist Inc
Rock Island
Baes
Republic Steel
Eam Smelt
Y Central
Uff
Southern Pacific
Adams
Southern Rv
Mme
Ae Steel Fary
Amer Steel Fury
Texas Pacific
Nynh YN
C&st L
Tobacco
Union Pacific
Ugar
US Steel
Tel & Tel
North West
Amer Tel
B &S
Anscon
Wabash S
AT &S
Ueaig
At&sf
Ontario
Amer Woollen
Bklyn Ra
Iip CC St L
MK & TS F
jAsso Mer
Atchison
Amer Pheu Servoy
Ing. Eee
Reading
Chio Gt West
Rep Iron
Brunswick
Gould & Curry
BklIn
Bur & Sus
Southern Ry
Ruff & Susq
Bethlehem Steel
Jim Butler
Galet Inc
BIO Orf & W
P R Co
Hay
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Go Am
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Luz
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Bas & P
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Ni & Et
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S F
le& W Oe
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London
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Bank of France
Dry goods imports and marketings figures this week
This week shows total imports of 3.26 million dollars and marketed goods around 3.22 million. Comparisons indicate slight changes from the prior week and year, with totals for last week and last year noted in the report.
San Francisco Bank Clearings Jump in November
Francisco bank clearings for November reached $224,190.00, up 18 percent from a year earlier. Week totals rose to $49,085,400, a 35 percent increase. New York sent $31,550 yesterday to San Francisco, part of a $2,000,000 two week influx. Canadian Pacific Earnings for October show a gross gain of $1,273.08 and net rise of $10,267, with July 1 gross up $5,216,542 and net gains noted.
Condition of Trade Highlights Strong Year in Industry
Dan's Review notes holiday demand yet broad strength across agriculture, manufacturing, and textiles. 19 percent growth surpasses prior years with prosperity tied to sound credit, foreign trade gains, and high cotton prices. Railways show robust November earnings. Bradstreet reports active trade despite holidays and warm weather.
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Fall River
Newy
Cheras
Bradstreet
Inrain
South Atlantic
South
Outside securities market shows irregular trend and mixed moves
In the outside securities market prices moved irregularly with narrow fluctuations. Volume of speculation was lighter though occasional brisk activity appeared. Nipissing fell early but recovered to intraday highs before slipping again. United Copper dipped. Newhouse Mining rose then pared gains.
MENTIONED IN THIS ARTICLE
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Newhouse Mining
Boston
Davis-Daly and
Butte Coalition
Tennessee
Cmmon
Hava Tobacco
International Mercantile i Rine
Mackay
Standard Oil
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