Stock market holds Christmas Eve upturn as copper oils rise
Wall Street reports a Christmas eve rally with two hours of gains as short positions cover and fresh buying supports copper, low priced oils, and various specialties. Grain prices rebound while exchange and cotton markets show limited activity and optimism for 1922 persists. Strong showing from Invincible, Trans-Continental, and California Ferromium in the off group.
MENTIONED IN THIS ARTICLE
Stuart P. West
Wall Street
New York
Cctton Exchange
Invincible
New York Stocks and Banking Reserves Reported
The bulletin details total stock sales, with approximate 250000 shares traded, and presents the week’s clearing bank reserves. It shows bank deposits, loans, and vault reserves with various increases and decreases, plus foreign currency and commodity price mentions across multiple markets.
Curb Market Dull With Narrow Price Moves Dec 24
In New York on December 24 curb market business was dull and price movements narrow. Attention centered on Christmastime activity while Cities Service saw persistent pressure on common shares and only fractional moves in preferred and bankers issues. Some oils quiet but steady, Libby, McNeill and Libby edged up, Philip Morris showing fair inquiry, and motor issues like Durant Motors softer.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Christman
International Petroleum
Simma
Skelly Oil
Standard Oil
Libby, McNeil and
Libby
Philip Morris
Durant Motors
Indiana
United Retail Candy and Sweets Company
National Leather
Tovayn
General Motors Sells Stocks Amid Tax Loss Readjustment
In New York on December 24 unusually steady General Motors selling was noted, with large lots moved by a few firms. A 10,000 share block was seen by one firm. The move aimed to register tax losses, not signal danger to the dividend, which is expected to be declared by January 4. Weakness in rail shares is viewed as tied to forthcoming earnings reports. A minority group sought to restore St Louis Southwestern preferred to a dividend basis after potential 10 point write-offs.
MENTIONED IN THIS ARTICLE
New York
General Motors
St. Louis Southwestern
Boone Oly.s
Boston
Elk Basin
M. P. Gon
P. Co
Glen Rock
Neon & N. E
Granada
Hudson
Bank Liberty
Keystone Reunger
Livingston Pvt
Di&h
Lyons Pet
Maracaibo
Vision
Brazil
Merritt Ou
Chile
United Kingdom
N. Moon
Simerican
Noble Oil & Gna
X. P. Prion
Salt Creek New
Bis Stock Exchange
BOM
Sapulpa
Simme Pet
N. W. Bell
Taos Ve
Skelly Olace
Pau. c. Ut
Pac. G. & EL
Montana Power
U. SR
Tram
St.Paul Bondé
Rk.r. R. Gs
Anglo Am
Pierta
Eureka P. Line
Onio Tetece A
Pers Marga
Philip
Vanees
Am. Toh
Per
Ry L
Tub. &. of
Ss al
Bricol
Ri Bis Ledge
Manitoba
Heding & 2
Fost. & Mortz
Cop
S.L
S.F
Cortez
S.l&s.f
SIM | Cresson
BF. Adj Bs Pt
Harmill
A. I. Goldsta
Pry
Sbd
A. L
Sha. Ae L
Sharan
S . T. Bien v
Am. P
Pacific
Stock Exchange
Pacific & F. T
TD T. Ec. Oe
Aluminum
United Drug
Liberty Ist
West, Md
Pacific Air
Liberty
West Shorea
Electr
Victory
Belgium
Tihs
Cl & B
Orcean
Bel
Otis Steel
Gov. Ry
Phila. Co
Bergen
Phillip Pet
Bord
Phila. Hiec
Ioc
Shawaleeu
Lyons
N.Y
Mar
S.ceee
Selvey Et Claan
Hinded
Southwest
Bell
Swift & Co
Texan Co
Toledo
Filson Ae
C. Bien
Andy Fe
BAM Winchester
Wilson & Co
Joan
KK. of
Den
K. of den
Nor
Bae
Law Cina
Sweden
Arrentina
HTM
Uruguay
Borton & Albany
St. of Queens
Borton & Maine
Roatan
Rie Taulo
Au Calumet & Hweeia
UW J
Maine Central
Ne Ke Ata
Old Colony
Cot
West End
Col da
Aru AG
Ann Arbor
Armour Co
Aly
Gom
Beth
Stel Rue
Braden Cepper
Northern
Ae Ca. Ciineh
OV Bay
Ee & Cenk
Pac
Cerra de Tasco
Lay, Cher
Oflo
Ht & Alton
B&q
M& S
CRI& P
CRI
Tms
D & Rg, Re Sa
Votrolt Edison Bn
Nemours
ADM Agazie
Ruther Co
Gen. Klee
Deal
Goodyear T. & T
Goodyear T. & R. Sa
Cam Ts A Taka T
Canina
Lohn
Tnt
Ted
GAM Cesses Ik
M. M. Af
Fown Central Ra
Ee RI K. CS Southern
Kelly A
Tn V. of
Lehigh Vailey
Lax Aeresese
M. Ry
Dry Goods Dull With Holiday Slowdown In New York
New York markets show dry goods largely at a standstill due to holiday work and cotton exchange closings. Grey goods and specialty items hint at firming next week as spring demand appears. Slight price advances noted in some shootings. Sateens generally firm. Skaters drown after breaking through Cottonwood River ice near Strong City. Wiley Jr. and H B Brannan among the victims. a dairyman named James George recovers the body, with a dog believed to have tried to help.
MENTIONED IN THIS ARTICLE
New York
Cotton Exchange
Kimporia
Kan
Dee
Bred_ Wiley Jr
H. B. Brannan
Cottonwood
Strong City
James George
Bodiog
Willey
Cattle lower hogs and sheep higher at close of week
Chicago reports modest cattle offerings with little sales in cattle pens and a dull week overall due to holidays. Hog trade was strong with tight supplies, while sheep and lambs saw limited activity. calves suffered notable declines. Prices ranged with slight weekly gains for some hogs and mixed results across stockers and cows. Also notes on former Tammany leader improvement and a San Antonio merchant bankruptcy filing.
MENTIONED IN THIS ARTICLE
Chicago
St.75
Derrid
Wheat Prices Flag Slow Trade Amid Optimistic Tone
Chicago December 24 Wheat trade was exceedingly slow with firm undertone yet best prices not held. Resting spots near lows while sentiment remained bullish, keeping selling pressure. Corn and oats saw moderate activity. cash demand weaker due to holiday. Prices closed higher on several contracts. Kansas City and St Louis activity mixed with varied grain quotes and limited export business.
MENTIONED IN THIS ARTICLE
Chicago
Oklatans
Ohio River Rising Threatens Cincinnati Flood
Cincinnati faced a flood menace as three days of rain pushed the Ohio River to 45 feet by 7 a.m., an 18 foot rise in 24 hours. The Cloud étage warning stated the 50 foot mark would be reached soon while Mill Creek and the Big and Little Miami rivers surpassed their banks, pouring water into the Ohio.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
Ohio River
Gausen
Devereaux
Mill Creek
Miamis
Licking
Trains Detoured Due to High Water Near Lebanon Ohio
Residents of South Cumminsville and St Bernard report the Pennsylvania Railroad detoured trains over the Cincinnati Lebanon ny Northern Railroad at Middletown Junction Ohio after high water covered tracks at Lebanon Ohio.
MENTIONED IN THIS ARTICLE
Cumminsville
St. Bernard
Pennsylvania Railroad
Cincinnati, Lebanon
Ny Northern Railroad
Middletown Junction
Ohio
Lebanon
Merchants Bank of Canada to Merge with Bank of Montreal
Montreal December 24 The reserved account of the Merchants Bank of Canada impaired by about 8 million dollars Sir Montague Allan announces a February 25 shareholders meeting to consider a proposed amalgamation with the Bank of Montreal The Bank would assume all liabilities for 1 050 000 in cash plus stock equal to one share of Bank of Montreal per 20 Merchants shares The Merchants Bank held large farm loan commitments not yet collectible
MENTIONED IN THIS ARTICLE
Montreal
Merchants Bank of Canada
More Tngue Allan
Bank of Montreal
Montague
Mackenzie
Royal Tat Company
Merchants Bank
Christmas sales big in New York area 1921 report
Christmas sales by department stores around New York show lower prices than last December but higher dollar values. From December 1 to 20 sales are up 3 percent from 1920 and 2 percent above December 1919. Merchants note demand for medium priced goods and practical items while jewelry sales stay about the same.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Lecember
Water project talks stall over holiday breaks in 193? text
Negotiations between the Works secretary and Henry Ford representatives on leasing or purchasing the government nitrate and water project at Muscle Shoals Alabama halted again for Christmas. Ford seeks information from Ford in Detroit before resuming. Government demands guarantees on plant operations and water power after any transfer, with a $15 million gap remaining between Ford interests and Army engineers on dam 1 and 2 costs.
MENTIONED IN THIS ARTICLE
Washington, D. C
Wae Department
Henry Ord
Muxele Shoals
Alabama
Ford
Detroit
Wat
Meo OR
Army
Aid Famine Relief Talks Yield $10,000,000 Gold for Volga
Representatives of the American Relief Administration and Soviet trade envoy Leonid Kressin negotiate a deal in which the Soviet government will hand over 10 million dollars in gold to fund relief in the Volga famine zone. The PRD will distribute food and seed in America, with relief officials retaining control to ensure aid reaches Volga famine areas. London reports the talks as concluded.
MENTIONED IN THIS ARTICLE
American Relief Administration
Leonid Kressin
Relef
America
Volga
Volea
London
Dee
Nna
Treasury chief opposes soldier bonus stance unchanged
Secretary Mellon announced the treasury line remains that enactment of a soldier bonus would be a serious injury to the whole community. The position echoes his July letter to Senator Frelinghuysen of New Jersey and supports retrenchment and economy measures.
MENTIONED IN THIS ARTICLE
Washington Dee
Mellon
Treasury
Frelinghuysen
New Jersey
Ocean Leviathans Race to Harbor Before Christmas
Ocean liners and Santa Claus race to land passengers before Christmas. Ships Adriatic, Ferdorisk VIIIL, American Legion, Codrie push through fog, speed limited by safety. Passengers hurry to reach inland towns, radios relay train and taxi arrangements, docks bustle as customs speeds up.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Des
Hmit
King Kringle
American Legion
Codrie
Tine
Pershing cap approved for U S Army officers
Washington December 24 a new style headgear for army officers the Pershing cap approved by Secretary Weeks features a longer visor a broader top and a slack cloth crown. Introduced by General Pershing it has been worn by Maj Gen Harbord and Maj Gen Hines among others and resembles the cap worn by British officers.
MENTIONED IN THIS ARTICLE
Washington, D.C
Quartermaster General
Knowa
Weeks
Wershing
James G. Harbord
John J. Hines
Jews Hold Festival in New York for Hanukkah
New York reports Hanukkah begins this Christmas night as Jewish families worldwide light candles, feast, and exchange gifts. Each home lights a menorah with one additional candle per night, symbolizing the miracle of surviving sacred oil in the temple until new oil could be found.
MENTIONED IN THIS ARTICLE
New York
Der
Einser
Bandit Robs Motorist Near Woodcliff Lake
Philip Wonywool Honywood son of the late Sir John William Hollywood and nephew of the Earl of Devon was attacked on his way home in New Jersey near Woodcliff Lake. He was beaten, slugged with a slangshot, bound and robbed of a large sum after a Newark business trip. He freed himself and reached a house where he collapsed unconscious.
MENTIONED IN THIS ARTICLE
Philip Wonywool
New Jersey
New York
Phillip
Hollywood
Sir John William Hollywood
Earl of Devon
Powderham Castle
Exeter
England
Woodcliff Lake
Ned
Newark
Mr. Tollywood
Bis
Carnegie Library to be closed Monday for Christmas aftermath
The Carnegie Library will not open on Monday as many business houses remain closed and school children and others are occupied by Christmas aftermath.
MENTIONED IN THIS ARTICLE
Carnegie Library
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Industrials
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Federal
Depositarion
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Tibet
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Lyle
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Hom Bay Tey
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Kelly
F. Tho
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Brno
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Parry Cor
Stata OU
Mant. Ward
North Am Pt Fon An Ey
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Phila
Philipw
Pat So
Oy Philpa-Jones
BOM Savage Arma
Wty
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Searchoe
Senra-Roe
Pol Ao
Wertorn U
Ue & Mu Willya- Over
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Biles
G. P
N. UO
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Midvale
Nevada
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Besee
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Ariz. Com
GC & NW
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Bel & Hue
Tay
Erie
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Mk&t
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Man. Elev
Ie Y. Central
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Southern
Vow
IBM
Sou. Ry
PhD
South
Pat
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Third Ave
TB. LW
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Pee Ped
We . E
CURB
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Warner
Swift & Ci
Thampson
Taft
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Jacobo Venegas
San Antonio
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Polluh
Anton
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Lowy
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Harbor
Bandit
Wimer-Richardson & Company (Incorporated
Investment Bankers Central Trust
Texas
Iity
Southern Steel Company
Block
South Cross
Texab
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