Bank of England Move Passes Quietly Amid Market Slump
U S financial pages report steadiness at close after the Bank of England announces a rate rise from 2 to 2.5 percent, not triggering lift in securities. Market friction and capital flows from France and South Africa outline a cautious backdrop with rail dividends and stock movements cited across New York.
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Stock activity on Royal Exchange shows broad improvement
Trading on the Royal Stock Exchange yesterday rose with strong broker attendance. Bank and traction stocks drew the most interest, while Telephone stock saw some activity. National Metropolitan and Continental National banks added small lots of stock. Metropolitan Bank saw a 220 price for 30 shares and 112 for a 10 share issue.
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United States Treasury Chicago Grain Trade Summary
New York on January 14 reports nominal steady market in grains with modest demand for dressed beef and veal, cattle prices showing firm trends. Sheep and lamb receipts totaling 6,208 with common sheep at 2.60 and prime yearlings around 6.75, lambs quoted 7.30 to 7.75 with no choice lambs offered. Hog receipts 4,242 with no sales reported.
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Washington cattle market prices and hog figures
Market notes report choice cattle active with solid demand. Lanehe and calves show strong activity with higher crede values. PAPILE Extra and butcher prices listed per cwt. Hog prices per cwt vary by grade, with common and ordinary ranges noted.
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Washington Produce Market Prices and Bank Notes Summary
Market notes show wholesale vegetable and fruit quotations across regions including Virginia and North Carolina, with prices for beans, potatoes, apples, and dressed poultry. The piece also includes banking updates from Riggs National Bank and Lincoln National Bank, listing officers and recent property sales in Washington, D.C. and nearby areas.
Wheat price surge and mixed grain market report
New York market notes a strong advance in wheat with May and July futures posting gains as Northwest cash demand rises and export sales show strength. Receipts show 1,200 bank, reports contrast with steady to firm various grains including cornmeal, oats, rye, barley, and rice while livestock items and other commodities display little change.
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Wall Street Gossip on Copper and Market Pace
Special to The Washington Fest reports Amalgamated Copper weak at times with no clear news. Traders speculate a large operator may push prices down to profit from a future rise, while Erie shows cautious firmness. Harriman issues gain some strength as government suit over intergarden dissolves, and United States Steel trades amid nervous short interest and limited float of 508 million stock.
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Metal Market Updates From New York and London
London tin and copper prices fluctuated with London spot tin at 1129 shillings and copper around 61 178 per ton, while the London market showed weakness. Local U.S. prices drifted, with dull trading in sterling and steady or unchanged readings on several metals amid mixed futures, electrolytic and casting quotes.
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