Wall Street Ends Mixed on Year End Liquidation
Irregular close as year end readjustments push speculative accounts toward losses. Loans pulled by funds demand lift call money to 6 percent while rediscount rate holds at 4 percent. Oil and metals soften amid Mexico law delays and heavy liquidation. Bloomingdale’s Outlet Pittsburgh and Tulsa Carbide hit year highs. Foreign currencies slip except for steady French francs. a final anecdote notes bravery medal and a rum fleet sentence from Pennsylvania Punch Bowl.
MENTIONED IN THIS ARTICLE
New York Federal Reserve Bank
End of Month Wheat Prices Firm Despite December Deliveries
Wheat closing quotations rose from 10 to 25 percent net, with corn up 4 cents and oats modestly higher. Buyers faced limited selling pressure as December deliveries neared, while export demand supported prices. KC hard winter exports to Europe and Canadian pool notes pointed to tighter supplies, with corn leading gains and hog provisions easing.
MENTIONED IN THIS ARTICLE
Chicago
United States
Canada
Kansas City
Europe
Gulf of Mexico
Argentina
Australia
New York Cotton Market Closes Steady with Small Advances
The general cotton market in New York closed steady with net advances of ten to 18 points on December 30. The report notes modest gains across fiber types as traders awaited further trading cues.
MENTIONED IN THIS ARTICLE
Baldwin
General Motors
U. S. Steel
Allied Chemical
New York
Export Association Seeks to Govern Big Copper Output
New York December 30. A worldwide export association formed to control copper marketing begins operation. Copper output valued near 500 million dollars a year will be directed to international markets to stabilize prices and curb speculation. The plan covers American producers controlling about 90 percent of supply and relies on direct selling to foreign buyers.
MENTIONED IN THIS ARTICLE
Export Association
New York
Gotham
United States
Secretan Syndicate
New York City
Baltimore
Michigan Lake District
Anaconda
Montana
Tacoma
Wash
American Smelting & Refining Company
Orient
Eastern Seaboard
Connecticut
Elec
Feather Bay Wickenburg 75 hp electric hoist at Camp Belmont
A 75 hp electric hoist was installed at Camp Belmont to aid operations at Feather Bay Wickenburg. The equipment enables lifting and material handling within the facility. Local staff report improved efficiency and safety for ongoing work.
MENTIONED IN THIS ARTICLE
Wickenburg
Camp Belmont
Kansas City Livestock Market Report
Cattle 2,000 with steady to higher calves and stockers. Hogs 6,000 mostly steady with top $11.50 and bulk $11.25 to $11.50. Sheep 1,000 lambs up 10 to 15 cents with top $12.75 and fed wethers $7.75 to $8.00.
MENTIONED IN THIS ARTICLE
Kansas City
Metal Market Mixed After Holiday Quiet in New York
Copper remains quiet with spot and futures at 1337 1 2 a 1850. Lead dull at 780. Zinc ease with East St. Louis spot and futures at 700. Bar silver quoted at 54 1 8.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Big Copper Firms Merge Continental Sales Interests
Anaconda group Calumet and Hecla United Verde join with Katanga and Societie Generale Metalurgique D Hoboken in a merged continental selling organization to cut administration costs and strengthen cooperation across American and Belgian copper markets.
MENTIONED IN THIS ARTICLE
New York
Anaconda Group
Calumet
Hecla
United Verde
Katanga
Societie Generale Metalurgique D'Hoboken
Tricent Power and Rail Expansion Plans Unveiled
A report outlines plans for power grid improvements, railroad electrification, extended telephone facilities, and substantial new construction. The initiative aims to modernize infrastructure and expand services across multiple regions.
MENTIONED IN THIS ARTICLE
Tric
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Mom
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Reily Care Mail
West Elm Street
Winslow
Inquire Mail Office
Por Sale
Kinsley
Winslow Mail Office
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Arizona
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Phoenix
Kwj&f
del ‘Mar
West Aspinwall
Williamson
West 4Th
Financial News
Rio Grande
Standard Oil
New Jersey
Bloomingdale Brothers
Outlet Company Common and Preferred
Pittsburgh
West Virginia
Tulsa Carbide
Atchison
Wheeling and
Lake Erie
Time
Rum
Wits
Pennsylvania
Bere
By Williams
Lian
GY Nfa Service, Inc
U. S. Govt
Prrttt Tss
South America
Guggenheim Bros
American, Metal Company
Metal Sales Corporation
Phelps Lodge Corporation
Chile Exploration’ Company
Nichols Copper Company
Calumet ,& Hecla Company
U. S. Smelting, Refining & Mining Company
Adolph Lewisohn & Sons
Copper Range Company
Mohawk Mining Company
Quincy Mining Company
International Metals and Minerals Corporation
Feather Bay
Kansas City Livestock
Metal Market
Winslow Daily Mail
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