Washington Stock Exchange Brisk Rise Amid Gold Exports Fear
The market showed a brisk rise in principal stocks over two days, aided by hopes of recovery. Bank of England kept its discount rate unchanged, while fears of gold shipments to Brazil and US borrowing influenced prices and international liquidity.
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England
York
Alost
Todas
Geena Bis Duten
Ondon
Bern
Pas
Tanner and teaLing
Europe
Bank of England
Wall Street GOSSIP from The Washington Post Oct 25
The day opened with traders awaiting a Bank of Germany rate cut but cables showed no change. Sterling fell 20 points. call money dropped to 3.4 percent. Foreign buying, especially of steel and Union Pacific, supported equities while cotton prices surged to above 14 cents as examples of price disparity and spinners’ actions surfaced. United States Steel directors meet tomorrow afternoon to discuss dividends with net earnings guidance suggesting a 12 to 14 percent payout range.
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Washington Post
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Bank of Germany
Paris
Bertin Exchange
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United States Steel Directors
New York Stock Market Opens With Bullish Trends Despite Mixed Data
In a bustling trading floor on Monday October 5 1609 investors show renewed confidence as futures point higher and Treasury notes loom. Strong internal revenue receipts and crop projections buoy sentiment while concerns about inflation temper gains. Market breadth remains wide with buyers dominating early sessions as commodity prices rise and industrials lead gains.
Chicago Grain Market Slumps Amid Cash Demand Weakness
The Chicago grain pit showed broad weakness as cash grain prices declined at major centers. Wheat futures drifted with December delivery leading trade, while corn and oats alsotraded mixed on thin supplies and cautious demand. Receipts at Kansas City and St. Louis spiked versus the prior year, with prices ending lower on wheat and firmer on certain futures.
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Board of
Kansar
St Lov
Tagasa
Baltimore Markets Report on Grain and Freight Prices
Market notes show mixed grain quotes with Wheat near 119 Oct, No 2 red steady, Corn Os New and Old, Rye firm on Dell 2, and Timothy and Clover offerings. Foreign freight rates in Liverpool and Cork quoted, highlighting steady to firm trends across prices and shipments.
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Baltimore
Southern
Dell
Timothy
Liverpool
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New England Mills Push 241 Hour Curtailment Plan
The Arkwright Club reports New England cotton manufacturers plan a 241 hour curtailment from November to August to curb spindle activity. Several mills may close regardless of others actions, with alliances from New York mills indicating wider adoption and affecting 9 to 30 million spindles.
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Boston
Cot
Arkwright Club
New England
West
New York
Ely Central to begin ore shipment within ten days
Oscar A. Turner reports Ely Central Copper Co will ship ore to mills within ten days from Monarch and Clip, moving from prospect to producing stage. Stock trades around $2.11 16 on the New York curb, with brokers predicting a rise to $7.65 per share as mines open and Eureka shaft project ties Ely Central to Nevada Consolidated copper ore. Investors urged to act, full capitalization and financial data available on request.
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Oscar A. Turner
Ely Central Copper Co
Ely Central
Ely Central Copper Company
Nelvade Consolidated
Gwowx Consolidated
Cumberland Ely
United States
Eureka
Ely
Nevada Consolidated
Col W A Farish
Heinze suit breaks broker in bond assignment
Boston October 5 an assignment was made today by A D S Adams city dealer in stocks and bonds. Adams was a witness in the investigation of the alleged larceny from Augustus Heinze of bonds valued at 235000. Clarence W Rowley counsel for Adams said the assignee Adams appearance in the Heinze case came about through the alleged connection of Walter Althouse of New York Adams partner with sale of bonds deposited as collateral by Heinze which was alleged to be illegal. Suits begun at that time are said to have resulted in todays assignment.
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Boston
A.D S Adams
Adams
Augustus Heinze
Clarence W Rowley
Heinze
Walter Althouse
New York
Partine
Heinse
Burlington Railroads Annual Report Reveals Net $24 Million
The Chicago Burlington and Quincy Railroad shows fiscal year ended June 20 with total revenue around 414,487,000 and operating expenses down 1.46 million. After taxes, bond interest, and charges, net revenue stands at 24,059,698 dollars. Local trade items listed include poultry, butter, cheese, eggs, flour, pork, and cotton with steady or firm prices noted in the report.
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Chicago Burlington and Quincy Railroad Company
New York
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Market notes show mixed metals and grains trading
Commodity prices fluctuate across copper oil and steel as December delivery dates loom. Spot and futures quotes move while copper and nickel bounce on weak demand. Grain futures hold but show limited interest with corn receipts and rye trading slowly in New York markets.
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Sen
Statler
Eouin
Lawton
Cleveland
Mt Olde
Worats
Aganev
Live Stock Markets Report Brisk Trade Across Acts
Market summary shows cattle receipts strong with steers and bulls firm to higher, cows steady, veal and calves mixed. Sheep and lambs receipts rise as prices show cautious gains, hogs mixed with several grades steady. Overall weekly totals indicate continued demand for cattle and calves with modest shifts in sheep, hog, and veal markets.
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GEO Light Mind
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Neurts
Aioe Pinelte
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Alow
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