Market quiet with Union Pacific up 13 percent
The Washington Post reports a subdued stock market with limited activity. Union Pacific led gains closing 13 8 higher as Amalgamated Copper and Reading also moved, while Bank of England rate expectations and crop fears kept sentiment cautious.
MENTIONED IN THIS ARTICLE
Union Pacific
Bank of England
Wall Street Weakness in Erie Preferrred Stock Sparks Debate
Special to The Washington Post from New York on April 25 describes the Erie preferreds sliding to 63 4, amid rumors of dividend cuts and absorption by bears. Traders weigh technicals and market sentiment as Union Pacific shorting faces skepticism, while Reading shows resilience on earnings and anthracite assets.
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New York and London Market Notes Mixed with Local Market Quiet
London and New York markets drifted with spot and futures in London steady at around 102 and 189, while copper and zinc showed slight gains locally. The day featured broad activity in stocks and commodities, with Mitchell Mining and railway issues drawing notable interest amid plans for a Franklin Savings Bank in downtown Washington and mixed after-hours trading across utilities and bonds.
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Washington Produce Market Price Listings and Trade Notes
Wholesale prices for eggs, butter, cheese, dressed poultry, and meats are listed with regional quotes for Virginia, West Virginia, North Carolina, and Florida. Demand remains firm for emus and cheese but light for some poultry and greens. cattle and calves hold steady while hogs and sheep show varied prices amid ongoing market activity. The report also notes New York cotton market activity and higher near term futures driven by bullish South crop reports.
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Virginia
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Daily Cotton Market Report From New York April 25
A fragmentary old market notice shows net and gross sales by port including Galveston Wilmington Norfolk and San Francisco. It lists numerous figures for stocks and consignments, mentions steady movement and consolidated totals across Great Britain France Continent and Japan with large port totals.
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Ken
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Met
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Stock
Porte
Nex
Great
Britain
Chicago Grain Markets and Weather Impact on Wheat
Furabebed by W B Hibbs Co bankers and brokers Chicago grain notes show wheat prices near $4.75 to $4.85 with July slipping from 81% to 81%. Corn and oats gain modestly while provisions hold. Weather forecasts predict snow in northern Kansas influencing late-day selling and higher by the end of the session. Primary receipts rise to 733,009 bushels with Minneapolis and Chicago showing steady receipts. Traders short for May delivery faced pressure as near by delivery gains narrowed.
MENTIONED IN THIS ARTICLE
W. B. Hints & Co
F Street
New York Stock Exchange
Washington Stock Exchange
Chicago Board of Tie
New York
Lnm
Igh
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Npot
W. B. Hibbs & Co
Chicago
Snow Inn
Kanets
Kenngs
Kanana
Joly
Minneapolis
Duluth
Mey
Houaéa
Raiga
Howe
NEW YORK GRAIN REPORTS April 25 market movements
New York grain markets mixed with rain fears in the Southwest. Wheat rose after an early dip on rumors of export demand and cold Western weather. May at 87 59 4,July 83 11 60,September 19 90 4, oats steady with receipts around 102000. Corn exports and spot values showed strength on demand, with May at 56 58 and other futures mixed.
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