Copper stock slump follows court ruling in oil merger flare
A late price decline leads copper mining shares lower after a court decision affecting Standard Oil cave, though market strength returns with investors eyeing a potential copper merger and a broader stock rally. Wabash and Reading favored by investors amid rising dividends and strong Southern Pacific results. Central Railroad of New Jersey remains a focus as earnings show mixed movement.
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Spreil
Washlngton Post
New York
Standard Oil
Iself
Wall Street
Wall Street Gossip Sees Copper Merger Plan Recast
New York November reports indicate liquidation and short selling centered on copper shares as the Standard Oil decision impacted merger projections. Amalgamated Copper recovers from declines as investors bet the merger will occur in a different form. Trading showed modest gains in industrials and a heavy Amalgamated and Reading presence, with speculation on control involving Lackawanna and Gould interests.
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Operal
Washington Post
New York
Amalgamated
Streay
Laikely
New York Stock Market Quoted Prices and Food Product Notes
Washington Stock Exchange quotations show wholesale prices for eggs butter cheese and live poultry. Items list regional varieties with varied prices and notes on market firmness and limited changes in quotes. Prices are given per unit or pound for eggs butter cheese and poultry products.
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Virginia
West Virginis
Tennesse
North Caroline
Tency
New York State
Larsy New
New York Cotton Market Jumps Amid Rumors and Declines
Trading shows a highly unsettled session on November 21 with exports and hedge activity cited. Prices opened lower on weak cables, but bulls tried to support, closing near the session lows in many active months. complaints included speculative liquidation and reports of pending shipments to Liverpool.
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New York
Gret
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Gresser Eggracalveness
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Daily Cotton Market Shows Mixed Futures and Trade Volumes
New York reports show receipts at 306000 bales with No 9 spot around 2.27 and No 2 red futures at 1.29% nominal. prices quoted across Dorchester and New Orleans exchanges with December outlook cautious amid liquidation pressures. The market notes December marks a decline in futures, with exports easing to three loads and overall activity muted. by ports including Boston Philadelphia and Cincinnati, several centers report steady to quiet conditions while settlements show varied levels across regions.
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All Parte
Peabody on Ease Board Succeeds Harriman on Erie Railboard
New York Nov 2 Charles Peabody was elected director to succeed the late E H Harriman and R E Lovett, president of the Union Pacific, was chosen to fill the vacancy on the Erie Railway executive committee at today’s board meeting. John Stuart promoted to view president in charge of opening maintenance and mechanical departments. The present executive officers were reelected. Peabody also named director of the New York Susquehanna and Western Railroad to fill Harriman vacancy. An executive committee including Peabody Underwood Ream Loree McCullough and Richardson was appointed.
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Harriman
Lovett
New York
Charles’ A. Peabody
E. H Harriman
R. & Lovett
Union Pacific Railway
Erie Raf
John ©. Stuart
Peabody
New York, Susquehanna and Western Restroad
Underwood
Normanb. Ream
L. F. Loree
J. G. McCullough
A Richardson
Chicago Board of Trade Vetoed Plan for Settlement by Committees
Chicago officials defeated the anticorner amendment 400 to 389. The rule aimed to let a committee set final delivery value and determine settlements during squeezes, with an expulsion clause for unjust deals. Nearby notices trade phrases include varied commodity receipts and prices from Newark and other markets.
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Chicago Board of Trade
Chicago
Board of Trade
Live Stock Markets Report From New York and Western Regions
Live cattle trading showed little activity with prices weak and near nominal values. Western calves and dressed veals remained mostly steady with limited demand. sheep and lambs receipts steady with prices around 7 to 8 dollars for various grades.
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New York
Copper and metal markets stumble in mixed London New York trading
In New York on November 8 the metal market showed weakness across fronts with spot copper near 1,000 dollars and futures from 100 to 1100. London readings were uneven with copper prices softer and limited activity. Analysts cited demand concerns and a cautious tone as copper producers signal weaker appetite, while London and New York price quotes drifted and markets closed softer.
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Tom
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New York Money Market and Railroad Financing News
New York money market reports show firm sterling exchange and active bid and offer levels amid general liquidity. The Albany upstate public service commission allows the New York Central and Hudson River Railroad to issue 44.058 million dollars in additional capital stock at par, with proceeds directed to extinguish 3 percent notes and fund property acquisitions and improvements. A special 1/2 percent dividend is declared by the Central Railroad of New Jersey following an initial payout by Lehigh and Wilkes-Barre Coal Company controls.
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