Wall Street Sees Cheer in Christmas Market Gains
Wall Street closed on a brisk note with many blue chips hitting new peaks as large industrials led the market. The market shrugged off outside news while call money eased, and weekly statements showed a sharp reserve increase easing credit strain.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Southwest
Northwest
Texas Corn Products Refining Common
U. S. Steel Common
General Motors
Currency quotes and small movements across markets
The report records exchange rates with the pound at about 121 to 123, around 25.15 per US dollar, and French francs near 3.95 dollars. Demand for sterling sits near 4.84, while continental currencies show small shifts except the Norwegian krone, which climbs to 25.30.
Wheat Prices Drift Lower as Large Deliveries Hit Chicago Market
Large December deliveries of 358000 bushels eased Chicago wheat prices though gains in provisions followed a government pork crop report. Traders noted Christmas prep and holiday position adjustments with Argentine surplus forecasts and European demand influencing the day.
MENTIONED IN THIS ARTICLE
Chicago
United States
Austriia
Europe
Bonds Close Decline Reported in War Bond Update
A fragmentary note lists Liberty Bonds categories with partial figures and mentions U.S. Govt notes including 4s and 41s. The text appears as a market update showing bond listings and closing remarks from a wartime government bond program.
MENTIONED IN THIS ARTICLE
New York
Erma Bess
U.S. Govt
Holiday Trade Momentum Holds Despite Mixed Holiday Work
Bradstreets reports holiday lines largely similar to last year with uneven retail activity. Jewelry cigars and confectionery sold about the same, hardware and radio active, clothing and shoes aided by cold weather in the Northwest and Pacific coast. Weekly bank clearings reached 10.386 billion, up 3.4 percent from the prior year.
MENTIONED IN THIS ARTICLE
New York
Bradstreets
Southwest
Middle West
North Pacific Coast
Northwest
Pacific Coast
Cotton futures close steady with mixed shifts in New York
New York cotton futures ended steady with moves from two to four cents. January traded around 1241 to 1244, March 1265 to 1268, May 1285 to 1288, July 1302 to 1304, and October 1395. Spot middling priced at 1295 while overall market shows net gains of one to five points except October down two points. St Johns Snow fence work begins along the highway over the mountain.
MENTIONED IN THIS ARTICLE
New York
Metal Market Shows Quiet Demand and Steady Prices
New York reports mixed activity in December with copper steady and small lot sales at 13.44 cents. Steel demand remains quiet as year-end holidays curb trade while car and rail orders edge up for January. Zinc and lead hold firm amid cautious buying and producer inventory buildup.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
A.P
London
Kansas City Livestock Receipts and Prices
Kansas City reports cattle receipts of 700 and calves 100 with fed steers active to strong and high values around 10.00 above. Hogs show active demand with many weights around 11.25 to 11.60, packers pigs scarce, sows 10.00 to 10.75. Sheep receipts 500 with lambs up to 12.75, ewes to 6.25 and wethers around 7.75.
MENTIONED IN THIS ARTICLE
Kansas City
Sreed Wethers
Christmas Week Bullish Tone Lifts New York Stocks
In holiday trading week the market showed bullish bias with heavy volume. High grade railroad and industrial stocks hit record highs while bond offerings around 60 million were well received. Call money rose seasonally with loans easing from 6 to 5 percent.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve and Clearing House
Market Summary Reflects Stable Credit, Soft French Franc Stabilization
Reports indicate no strain on credit and a stabilizing French franc near four cents. Sterling exchange firm with demand bills around 4.84. Commodities showed slight weekly gains as a bullish crop outlook lifted wheat while cotton traders bet the surplus would be smaller than government estimates.
MENTIONED IN THIS ARTICLE
Sterling Exchange
Clearing House Reserve Surplus Rises by 41 Million
New York reports the five day clearing house banks and trust companies showing an excess reserve of 41,193,430 dollars. This marks a rise of 46,230,350 dollars from the prior week when a 5,036,920 dollar deficit was recorded.
MENTIONED IN THIS ARTICLE
International Combustion Engineering
American Express
Brooklyn
Edison
International Harvester
National Distillers
Pittsburg
West Virginia
Atchison
Erie
Federal Reserve Bank
New York
A.P
Ranch manager denies raid on Clote Ranch near Eagle Pass
F C Stockley manager of the Clote Ranch 90 miles from Mexico border denied reports that bandits raided the ranch and drove off cattle and horses. He said he left the ranch with his wife and babies unarmed and the dispatch from Del Rio was unfounded. Mexican officials reportedly would not confirm or deny the tale.
MENTIONED IN THIS ARTICLE
Eagle Pass
Tex
Dee
Clote Ranch
F. C. Stockley
Mexico
Stockley
del Rio
Suspended Animation Plagues Perceived Dead Past
A reflection on how history can seem alive when remnants linger in memory and records. The piece argues that revival of faded events or figures depends on access to sources, interpretation, and context, highlighting the fragility of how we define "dead" history.
French franc steadied by Bank of France and treasury
Paris December 24 The Bank of France and the French treasury reassured markets by declaring readiness to buy or sell any amount of dollars and pounds. The pound is targeted near 121 to 123 francs and the dollar around 25 francs, signaling potential stabilization near these levels.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Frances
Christmas Court Dismisses Barbour Suit Against Governor
State Senator James J. Barbour filed a $69,000 lahar suit against Governor Leh Small of Illinois over a 1924 campaign accusation that Barbour took money illegitimately from the state treasury while serving as assistant attorney general in vice cases at Rock Island. Judge Wm. H. Yemmill urged dismissal and Barbour agreed, the action ending without costs.
MENTIONED IN THIS ARTICLE
Chicago
Barbour
Rock Island
State Senate
Bores Saith
Also Mentioned on This Page
Winslow Mail Office
Studebaker
Reily Care Mail
West Elm Street
Winslow
Pes
Phoenix
Capitol Building
del Mar
West Aspinwall
Williamson
F Alindiateatiel
Monte Vista
Hamilton
Flagstaff
Financial News
Baldwin
Brooklyn-Manhattan Transit
Chicago Pneumatic Tool
Cocoa Cola
Continental Motors
Dupont
Electr Boat
United Drug
Call Money
Time Money
By Williams
Croc
THE
GUNNS
St. Johns
Metal Market
Kansas City Livestock
Weekly Financial Review
Clearing House Report
French
France
Behn’s Dept. Store
Loy
Kinsley Avenue
NEA Service, Inc
Merry Christmas
Arizona Electric Company
L. J. Bennett
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