CEREALS TUMBLE IN CHICAGO PIT
Chicago Aug 5 Efforts to anticipate policy change on wheat disposal caused a sharp drop in trading at the Board of Trade Prices for corn declined 32 1 2 cents a bushel amid speculation of a government wheat price cut to aid consumers Reports said millers would receive wheat from the government at 60 cents less than current levels and farmers would be guaranteed higher returns The market wavered as traders awaited a conference between President Wilson and Federal Wheat Director Julius Barnes and the day closing with lingering doubts about immediate policy action
MENTIONED IN THIS ARTICLE
Chicago
United States
Wilson
Federal Wheat
Julius Barnes
Far
Board of Trade
Washington
Gary
Julius” Barnes
Emmenti
Wall Street Sparks Rally After Violent Downdraft
New York stocks opened weak but rallied through the day as broad gains in major groups and improving railroad sentiment offset earlier pressure. Traders cited short covering and renewed optimism from terminals about labor disputes, while monetary figures supported a tentative recovery. Foreign exchange remained damp, with francs easing and U.S. bonds steady.
MENTIONED IN THIS ARTICLE
New York
Transporta Tignaana
Industria
United States
Still Bearish But Not So Much In This Market
Irish feelings still held possession of the eastern markets yesterday but not as strongly as the day before. Industrial conditions are given as the general cause of the prevailing tendency to liquidation. Readers saw declines earlier, then partial recovery as coppers and certain steel stocks steadied. Rail shares were sluggish while rumors of good rail news floated. The Logan Bryan and Lauzier Wolcott notices suggest liquidation may continue with unions pressing for nationalization of basic industries.
MENTIONED IN THIS ARTICLE
Hutton
Hel Bronner Company
Baldwin
Cruscible
Lackawanna
Beth- Techem Steel
Midvale
Reco
Rails
Logan-Bryan
Lauzier-Wolcott
Financial News Bulletin
Ti Road
Wion
Market stampede as wheat and corn swing on policy fears
Turbulent Chicago market action follows speculation on Washington policy, with corn sliding sharply and other commodities mixed. Traders await a conference between President Wilson and Wheat Director Barnes over 1919 crop disposal while prices for No 2 yellow corn and No 2 rough wheat show wide shifts and nervous trading.
Copper contracts and market move through 1920
The United Metals Selling company contract with the government on April 10 set delivery limits for refined and scrap copper with monthly rates from April to June 1920 and possible increases if producer excesses surpassed thresholds. Northern producers’ total sales reached high levels, triggering extra government deliveries. Zinc and copper markets reflect strong 1919 1920 demand, with electrolytic copper at 25 cents per pound for December bookings and limited spot availability as Germany France and Europe absorb supply.
MENTIONED IN THIS ARTICLE
Butte Stock Exchange
Barnes-King
Boston & Montanai
Great Fells
Butte & London
York
Butte
Davi Douglas
Warrell Ui
Greybull-Atontoni
Rey Nabon
Fabed Conton
Wocher de Boule
New York
Lausler Wolcett Co
Pany
S. Privat
Allis-Chalmers
Sumatra
Heilbronner Company
Austin-Amazon
Atenison
Baldwin ‘Steel
Bea
Elk Basin
Elk Horn
Central Leath
Field Nation
Houston Hollinger
General Wieder Abi
Miami
General Motors
Ia Hills
Forthern Pita
Okmulgee
Leather Central
Tinos Interbor
Tewart Mining
Ion Oe Cpa
Butcens
Sapulpa Ind Alconoi
Tmouthern
Kensiecott Copper
Ig Byier
Minsor Pacific
Boston
Maxwell Motors Ny
Hellbronner Company
Nevada
Anmeek Aliouee
Strat
Arizona
Gom
Mh. Ee
Nakina
Fortolk & W
Thern
Pacific
Columet & Arizona
Ohio City Gas
Alumet & Mec
Ontario
Bilver
Centennial
Penn Nwania
Dalyswest
Butte Mar
Franxtin
Hancock Healing
Isle Royale
Sain Island Creek
Phastuck
Binel
Indian Routhern Pi Ite $82 i Keweenawi, Routhern Mallway
Mars Conke ‘Copper Beudebak
Mohawk Coppah
Pt Ned
Pa Varley
Union Mbany
North Butte
Old “Dominion Mae
Ojibway
Pond Creek
Trannion Ha
Toy
Wilson's Co Boy
Bay South Lake
Midvale
Utah
Wolverine Ss
United Metals Selling Company
Jourt
Livestock Receipts and Prices Across Markets
Rural markets show mixed cattle and hog receipts with price ranges. Hog prices around 20 to 25 dollars. beef cattle listing heavy and medium weights with primes around 14 to 16 dollars. Sheep receipts around 17 thousand. ewe and ram values noted. Canton note recalls dairy practice shift from cattle to foreign breeds and buffaloes. Chinese residents supply milk from Victoria and Fez dairies.
MENTIONED IN THIS ARTICLE
Enrcaco
Chicago
Canton
Mille
Mongkone
Victoria
Fes
Tare Oni
Thoes
Manganese Claims Presented Before Relief Commission in Butte
Several manganese related claims were presented yesterday before the federal Minerals Relief Commission in the U S district attorney's office in Butte. The Auerbach Mining and Milling company testified through Henry and Irvine Auerbach, detailing losses of 58 914 from the sudden wartime shutdown. The commission aims to sift legitimate claims. some prewar contracts and outlays may be paid for time lost, while some claims will be disregarded. Other holders include Butte & Plutus Mining and Milling, Beaver Creek Mining and Milling, Butte Central Mining and Milling, J E Higgins, and J J Appel. Hearing to continue today and tomorrow with a rough decision expected by late in the week.
MENTIONED IN THIS ARTICLE
Federal Minerals Relief Commission
United States District Attorney's Office
Butte
Auerbach
Henry Auerbach
Butte & Plutus Mining and Milling Company
Beaver Creek Mining and Milling Company
Butte Central Mining and Milling Company
J.E. Higgins
J. J. Appel
Labor convention ends amid debate on resolution
Amsterdam reports the labor convention adjourned after British and American delegates clash over a paragraph amending the conference agenda. The American delegate sought to modify the last paragraph to ensure full representation at the Washington meeting in October. The resolution passed 29 to Britons left before the vote. 756 American soldiers killed in action and gas exposure noted in Washington casualty report. The average age of the dead was 23. missing in action figures updated for July 31.
MENTIONED IN THIS ARTICLE
Amsterdam
Unio
Berita Vand
Washington
Ostober
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NEW York Exchange
nosTon Conb
Prom the Hellbroi . Company
Bia Bingham Mi
Bohemia
Itly
Lon
Cs Crown Reserve
By Briggs
Abe
Jean Denn
Eriend
Maton
Teweil
Nevada-Dowsias
Baltic Hn
New Cornelia Me Chio Coppera
Bneco
Unite Ile Ab
Jerome Verde
SW. Alam
Tron. Cap. Ak A
Grain and Provisions
Masato
Hees
Minneapolis
Neapolis
St. Louis
Ute & Superior Mining Company
Boston News
Bure
Tle
Tutte
Boston News Bureau
Germany
France
Europe
Gent
Emenee
Omaha
Jas
TL Finlen, John B. Corett
Blair
Silver Bow National Bank
Daly Bank and Trust Company of
TME
Charles 3
Kelly
W. A. Clark
Ross Clark
W.a.clark& Bro. Bankers
Lished
First National Bank
Nurre
Federal Reserve Bank
Stepnenton
Oechsli
West Broadway
Liberty
The
Vive North Main
Hutte Public
Kodak and Camera Supplies
E. Calkins CO
N. Main St. Bute
Lauzier-Wolcott Company
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