Copper stock slump follows court ruling on merger talk
The market faced a broad downturn as copper mining stocks led losses after a court decision on the proposed copper merger. Reading and Wabash issues show strength in places, while long‑depressed Southern Pacific and Central Railroad of New Jersey equity movements reflect mixed signals. Money market signs point to easing tensions with lower discount rates in England and steady Sterling flows, and Wabash and Reading interests draw attention amid earnings shifts. The Southern Pacific and Central Railroad of New Jersey are noted, along with the Reading common stock near expected rate changes.
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Central Railroad of
New Jersey
Reading
Uncas
England
Hha
Sph Treasury
Sith
Leigh and Wikes-Barre Coal Company
Haut
Carmen
Algo
Sam
Southern Packie Company
Copper merger seen in altered form after Standard Oil ruling
New York November trading reopened with heavy pressure on copper shares as Amalgamated Copper fell amid a lean toward merger retooling. Analysts expect a scaled back plan, with projectors continuing work, and profits from cover buying by shorts shifting to longer term optimism. The market ended narrowly, rails and industrials reacting to broader corporate signals and rumored control shifts, while exchange practices face scrutiny over agent-driven business.
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Operal
Washington Post
New York
Amalgamated
New York Stock Market Quotations and Farm Prices
Washington Stock Exchange quotations show wholesale pricing for eggs butter cheese and live poultry. Virginia and surrounding state prices listed with grades and per pound figures, noting market firmness and limited changes in dairy products and fresh poultry costs.
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Virginia
West Virginis
Tennesse
North Caroline
Tency
New York State
Larsy New
Cotton market swings amid rumors and slow liquidation
New York cotton trading opened steady then declined as rumors tied to copper and wheat developments circulated. Prices drifted near last night’s lows with sporadic rallies, while outlooks cited private liquidation and rumors of cargoes shipping to Liverpool. Cattle and lamb notes follow in a mixed market as futures show pressure and limited demand.
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New York
Gret
Wall Street
Gresser Eggracalveness
Mey
Wales
Liverpool
New York Cotton Market Slumps Amid December Liquidation
A volatile session shows December futures pressured by liquidation and weak demand as U.S. and international buying slows. Cash fiber quotes drift, with reports of mixed exports and overall market softness across staples, currencies, and financial indicators.
Peabody on Erie Board in Harriman Vacancy
Charles Peabody was elected director to succeed the late E H Harriman and R W Lovett was chosen for the executive committee at Erie Railroad board meeting. John Stuart promoted to view president in charge of opening maintenance and mechanical departments. Peabody also named director of the New York Susquehanna and Western Railroad. An executive committee of Peabody Underwood Ream Loree McCullough Richardson was appointed.
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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
Anti Corner Rule Beaten in Chicago Board of Trade Vote
The Chicago Board of Trade defeated the anticorner amendment by 400 to 389. The rule would have let committees set settlement values on final delivery day during squeezes and allowed expulsion for unjust dealing. Local market notes from Newark and commodity prices for dairy, poultry, flour, hides, pork, and oil follow with mixed activity.
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Live Stock Markets Report from New York and Nevada
No clear market action in live cattle with weak prices noted and tomorrow's exports at 2,700 quarters of beef. Sheep and lamb receipts listed with a steady market. sheep around 8 to 18 percent, lambs near 7 to 9 dollars, dressed veals and calves showing limited activity and prices near quoted ranges.
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New York
Metal Markets Mixed with Weak Front and Copper Slump
New York November 8 metal markets show weak fronts across copper and lead with spot and futures slipping. Copper closes around 1.16 to 1.40, November to February futures varied. zinc and tin futures cited. London and New York activity mixed. copper producers trim output expectations amid uncertain demand.
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New York Money Market and Railroads News
New York money markets show varied rates with quotes on exchange and financing terms. The Albany upstate public service commission may allow $44 058 00 new capital for the New York Central and Hudson River Railway to settle $21 965 615 in 3 percent gold notes and fund property and improvements. A 1/2 percent special dividend is declared by the Central Railroad of New Jersey amid Thanksgiving gains.
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New York Central and
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Lehigh and Wilkesbarre Coal Company
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