Market Surge Driven by Outside Interest and News
The New York stock market saw continued strength with high volume and broad gains across active issues. Traders moved capital rapidly, driven by outside interest, copper and Union Pacific speculation, and potential future dividends, while money rates fluctuated but did not curb buying momentum.
MENTIONED IN THIS ARTICLE
Union Pacific
Isaues
Chicago
New York
Washington Post
Stock Exchange
London
United States
Beer
Amalgamated Copper
Union Yurli Shires
Amalgamated Cripper
White
Unites Slat Shel
Steel Corporation
Bank Clearings by City Week Ended December 21
Brad Street tallies show New York leading with 1 049 000 45 in clearings, gains in Chicago Boston Philadelphia Detroit Milwaukee and San Francisco, with some declines in San Francisco and Cincinnati. Total U S clearings reach 2 825 462 633 up 400 percent? year to year. Canada balances show a 19 6 rise to 59 732 79 underlining cross border activity.
MENTIONED IN THIS ARTICLE
York
Brad Street
New York
Chicago
Boston
Increse
Laois
Pittsburg
Nureass
San Francisco
Cincinnati
Incresas
Baltimore
Rowns
I Minhanpolls
Cleveland
Lacyoottle
Detroit
Milwaukee
Omaha
Providence
Bultelo
Invinnapolis
St Paul
Richmond
Wrecing
Macun
United States
Increses
Canada
Money Market Report from New York on Dec 29
New York money market closes with firm sterling exchange and heavy demand for bankers bills. Rates show call money around 4 to 5 percent, prime mercantile paper in play, demand and six month bills quoted, with miscellaneous figures for government bonds and exchange rates.
MENTIONED IN THIS ARTICLE
New York
Sterling
Vlle
Etramg
Wall Street Gossips on Steel and Copper Stocks
Wall Street reports a broad rally with U S Steel, Pennsylvania, Amalgamated Copper, Union Pacific and others making new yearly highs. Strong demand in London and favorable earnings aid the rise while bets on dividend increases and possible Great Northern ore deals boost market optimism.
MENTIONED IN THIS ARTICLE
Hill
Union Pacific Board
Tod
New York Stocks On Friday Set Wide Range Of Prices
A fragmented Friday session shows varied moves across many issues with high and low ranges. Major names such as American Steel, General Electric and United States Steel figure prominently amid broad market activity at the New York Stock Exchange and related exchanges.
MENTIONED IN THIS ARTICLE
United States Steel
United States Steel Common
Union Pacific
Great Northern
Steel Corporation
Hill Road
United States
Boston
Dee
Pric
Joston
Albany- Joston
Maine
Tedburg
New York
New Haven
Hartford
American
Chemical
American Arge
American Pneumatic Tube
Sugar
American Sugar Pt
American Telephont Ad ‘Telegraph
American Woolen
Dominion Iron and Steel
Edison Tlectric Wham
NEW YORK GRAIN REPORTS SLIGHT WHEAT AND CORN UP
New York on December 2 shows wheat futures closing modestly higher amid firm demand and cover in response to weaker Argentine forecasts and higher overseas prices. Corn options strengthened on December activity with rains in the West aiding gains while spot supplies remained steady. Oats and other grains showed varied results with mixed receipts and exports and no uniform direction.
MENTIONED IN THIS ARTICLE
New York
Duluth
Manitoba
Mer
Doudeau
Acarcely
MHC
Eggember
Meher
Aga
Middle West
Shorts
New York Bond Market Mixed As Wheat Rises Abroad
New York trading shows higher wheat in Liverpool and dull bond activity. Prices firm at day end with May corn and wheat futures steady. United States Steel and rail shares mix. Pittsburg banks move funds east for call loans amid cautious demand.
MENTIONED IN THIS ARTICLE
Pittsburg
New York
Daily Cotton Market London Tin and Local Metal Quotes
In New York trading the London tin market fell with spot at 120 32a 6d and futures at £160 Te 0d. Copper recovered from losses closing at £123 6d for spot and £79 0s 0d for futures. Locally quotes for fake and electrolytic held 18.50 19.00 while casting ran 26.12 to 28.|62 per ton. Lead slipped to 117 1s per ton. Local ranges 5.40 to 3.95 for other metals. Foundry material quoted in various forms with No 1 Northern at 19 5 19.5, No 2 Northern at 18 2 19.85, No 1 Southern at 18 50 14.73, No 2 Southern at 18 0 0.0.
MENTIONED IN THIS ARTICLE
New York
London
Lome
Wes Tower
Eoglish
Standard Foundry
Sis
Cleveland Wertanta
Foundry Northern
Foundry Southam
Foundry Southern
Washington Market Report Shows Easier Tone on Stock
Market for fresh stock is easier with receipts exceeding needs and ample storage eggs offered at concessions. Other lines note steady to firm prices for creamery and lower grades, live poultry arrivals liberal yet demand sufficient to clear stock, and a drab to steady dressed meats and vegetables with broad supplies.
MENTIONED IN THIS ARTICLE
New York State
Virginia
Local Market Tone Mixed as Funds Tighten
Local market trading showed little new action with small volume and inconsequential price changes. News of potential year end fundraising loomed as brokers awaited clearer bank stance, while real estate lending activity and building project outlook pointed to improved demand if money markets ease.
MENTIONED IN THIS ARTICLE
Congress
New York
Mitchell Mining
Lanston
Europe
New York Cotton Market Ends With Small Decline
The New York cotton market was moderately active with irregular prices within 11 to 12 point ranges. Opened steady after a drop, then fluctuated, ending about 11 to 13 points lower. sales near 50,000 bales, with Southern spots unchanged to slightly higher and 25,000 bales tendered in a sluggish session.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Alex
Wall Street
Thaycloin
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Shaw
Secretary of the Treasury
Ute
State Banking Department
Deele
Bank Clearing N
Washington
Pos
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Southern Pacific
Canadian Pacific
Anaconda
Amalgamated Copper Company
Amalgamated
Virglnia-Carolina Chemical
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Directory
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TyolNorfolk
Westen
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doalNorfolk
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gcooRepublic Steel
Mhiengo Ent Alton Pd
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Ase Vo
NTR
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Western
del, Lack and Western
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Cor
15Th
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14Th St. Menivers
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Uns
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Imus Letters
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Urance
Y. Ave
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Cuom‘ern
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Selix
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Ross
George J. v. Easterday
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Wonex