Market Strength Adds Lift to Stocks Amid Mixed Sentiment
New York reports a briefer rise in stocks driven by improved Balkan outlook and rains aiding parched counties. Steel hits a multi month high despite bear resistance. Southern and Southwestern rail shares gain on better crop prospects. Reading and Lehigh Valley improve on earnings. London buys Steel, Bank of England shows stronger reserves with lower discounts. Bond market steady with $1,781 par value in sales.
MENTIONED IN THIS ARTICLE
New York
Currency Commission
American Bankers’ Association
Bear
Steel
Southern and Southwestern Railway
Reading
Lehigh Valley
St. Louis
San Francisco
American Writing Papers
General Cherrical
London
Bank of England
Logan & Bryan
Union Pacific
Southern Pacific and
Money on call and loans steady in New York markets
Money on call sits at 24 7% with last loan 2% and closing bid 24% offered at 2%. Time loans ease with 60 days 34 3% and 9 days 44 41% and 6 months 5% to 6%. Sterling steady at 483.10 for 60 day bills and 49 4465 for demand. Commercial bills 482.75. Bar silver 69 4c. Mexican dollars 47c. Government and railroad bonds steady to firm.
MENTIONED IN THIS ARTICLE
New York
Rime Mercantile Paper
Sterling Exchange
Minneapolis Grain Market Report Shares Mixed Wheat Prices
Minneapolis Aug 7 close notes wheat values across grades with No 1 hard at 88 cents, No 1 northern around 84 to 87 cents, No 2 northern at roughly 84 to 86 cents, and futures for September at 87 to 88 cents, December near 84 to 85 cents. Barley unchanged. Flax quoted $1.41 to $1.42.
MENTIONED IN THIS ARTICLE
Minneapolis
Northern
ST Y
Peaye
Montana
Copper Leads Regional Market Strength Amid Optimism
In a quiet Butte market copper remains strong with Butte-Alex Scott and related names in demand. East markets show strength especially in Copper with anticipated gains. New York leaders Paine and Amalgamated push demand. Copper supply tight for August and September, with projections of rising prices and continued activity. investors urged to buy dividend payers.
MENTIONED IN THIS ARTICLE
Butte
Alex Scott
Davis-Daly
Stewart
Bullwhacker
Butte & Superior
Paine
Boston,Steel
Amalgamated
New York
North Butte
Calumet & Arizona
Granby
Sam McConnell Strikes in Butte Property Near Helmville
Sam McConnell of Butte reports a solid strike in the old Dr. Marshall property about three miles from Helmville. Experts have joined the exploration as news from Boston highlights Cole-Ryan expansion in the Butte district. A new company may form to operate the 1900 acres of prospect territory with North Butte taking a large stake.
MENTIONED IN THIS ARTICLE
Sam McConnell
Butte
Dr. Marshall
Helmville
Drummond
McConnell
Boston
Cole-Ryan
North Butte Company
Boston Papers
North Butte
Tunnel tapping Clark's Sunset ore body eyed
Spokane dispatch reports mining interests favor a three mile double track mining tunnel from West Nine Mile to Sunset district in Idaho via Northern Pacific. If built it would access Rex, Tama rack, Custer Consolidated, Interstate Callahan and Sunset mines, tapping Clark's Sunset at about 3000 feet depth and enabling year round electric train operation.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Nine Mile Creek
Sunset Peak
Coeur d'Alenes
Idaho
Northern Pacific Railway Company
West Nine Mile
Rex
Tamarack & Custer Consolidated
Interstate- Callahan
Sunset
Nish
Senator Clark
Sunset District
Nine Mile
Coeur d’Alenes
Hercules
Bunker Hill & Sullivan
Kellogg
Granby Smelting Company
Lame Foot
Curlew Lake
Ferry County
Washington
Jake’ Goetz
Harry Baer
Coeur d
Copper sales dominate September October deliveries
Boston News Bureau reports domestic buyers handle large copper orders for September and October on a sixcent basis with a virtually closed market in spot copper indicating a corner in the market and strong demand from major consumers.
MENTIONED IN THIS ARTICLE
Boston News Bureau
Market signs show continued better sentiment
The New York Journal of Commerce notes indications of a continuing improved mood in stocks. Sun reports modest public buying with price increases amid distributive selling. Times says preparatory stockpiling and fortified positions suggest favorable prospects ahead.
MENTIONED IN THIS ARTICLE
New York—Journal of Commerce
Sun
Raincoats on sale at Bouchers West Park street
New shades of tan men s water shed coats valued at ten dollars offered for cleanup price five sixty five at Bouchers located at 387 39 West Park street.
MENTIONED IN THIS ARTICLE
Boucher’s
West Park Street
Frisco Mine Expected to Reopen Under Federal Oversight
The Frisco mine, closed years ago due to zinc ore in lower levels, is expected to resume operations on a paying basis after the Federal company solved the zinc and lead problem. Ellis Hale, master mechanic for the Federal, has led the reopening effort.
MENTIONED IN THIS ARTICLE
Sonora Company
Burke
Idaho
Marsh
F. M. Rothrock
Spokane
C. D. Gibbs
Wallace
Federal Mining,and Smelting Company
Frisco
Federal
Ellis Hale
The
Chicago Markets Drift Lower Amid Weak Break Nears
Market nerves eased late as corn faced heavy selling on forecasts of a near break. Wheat slipped 4% to 5% with June and September options tight, oats rose modestly, and provisions varied. Dispatch notes Kansas Missouri drought damage, heat, and shipping demand improving. Prices: Wheat September 86 1/4 cents, corn 79 1/4, oats 42 1/4, pork 20.85, lard 11.47 1/2. Cash Rye 62 cents. Barley 65, Timothy 4. Clover steady.
MENTIONED IN THIS ARTICLE
Chicago
Aum
Kansas
Missouri
St. Louis
Wichita
Kan
Chicago Livestock Market Report August Hogs Cattle Sheep
Chicago livestock market activity shows hog receipts at 17 000 with prices ranging bulk eight to nine dollars and higher for Merit and mixed hogs. Cattle receipts around 3 000 with values from seven to nine dollars for Reeves and Texas steers plus stockers feeders and cows and calves. Sheep receipts near 12 000 with native and western lambs and yearlings trading steady to modestly higher.
MENTIONED IN THIS ARTICLE
Chicago
Reeves
Texas
Western
Portland Market Cattle Prices Steady in Firm Receipts
Portland Ore Aug 7 market firm with cattle receipts around 100 head. Choice steers range 7.75 to 8.50, good steers 7.50 to 7.75, medium steers 7.00 to 7.25, choice cows 7.00 to 7.75, good ...
MENTIONED IN THIS ARTICLE
Portland
Ore
Your Signature Makes It Money Your Signature Makes It Money
Those with checking accounts enjoy control and receipts for every expense. Banks help record transactions, prevent impulsive spending, and provide a convenient cash substitute accepted widely. Try a account here and consider our savings offer after reading the booklet.
Market cattle hog sheep prices in steady receipts report
Cattle prices show medium cows 6 to 6.50 dollars, choice calves 8 to 9 dollars, good heavy calves 6.50 to 7.50, bulls 4 to 6. Hog receipts 40 with light hogs 9.25 to 9.60 and heavy hogs 8.25 to 8.60. Sheep receipts none with wethers 3.25 to 4, ewes 2 to 3.50 and lambs 5.50 to 5.75.
London markets close with copper steady and speller rates
New York reports lead at 4.599 bid with London level at £20 15s. Spelter holds around 5.65 to 5.75 pence in London at £20 10s. Copper remains firm with Standard spot to October at 14.50 cents bid, electrolytic 15.50 cents, lake 15.75 cents, casting 15.25 cents. London markets close as noted.
MENTIONED IN THIS ARTICLE
New York
London
Also Mentioned on This Page
Impro
Balkan
CORB
Hostons
Amalgamated Copper
American Agricultural
American Car and Foundry
American Ice Securities
American Smelting
American Sugar Refining
American Telephone and Ear
American Tobacco
Anaconda Mining Co
Atchison
Atlantic Coast Line
Baltimore & Ohio
Bethlehem Steel
Estes Fee
Brooklyn Rapid Transit
Canadian Pacific
Central Leather
Hesapeake & Ohio
Chicago Milwaukee & St Paul
Chicago & Northwestern
Colorado
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande Do
Distillers Securities Erie
Eeeeree Do Ist
General Electric
Great Northern
Illinois Central
Interborough Metropolitan Do
International Harvest Inter-Marine
International Marine
International Paper International Pump
Kansas City Souther
Laclede Gas
Louisville & Nashville Minn
St P
Sault Ste Missouri, Kansas & Texe
Missouri Pacific
Od National Biscuit
National
Nat'l Railways of
Mexico
Ontario & Western
Norfolk & Western North American
Veeer Northern Pacific
Pacific Mail
Pennsylvania People’s Gas
Etree
Pittsburg, Co
Pittsburg Coal Wees Pressed Steel
Slose-Shofield Steel and Iron
Southern Pacific
Eee
Southern Railway
Tennessee Copper
Texas & Pacific
Wee
United States
United States Rubber
United States Steel
Utah Copper
Virginia-Carolina Chemical
Wabash
Western Maryland
Western Union
Seeewaee
Westinghouse Electric
Wheeling
Lake Erie
Weer
Aolmy S
Paine, Webber & Co
Yukon
Keystone
Ohio
Utah
British Columbia
Bay State
Braden
Mason Valley
Sioux Consolidated - Colorado
Nevada Hills
Alaska
Algomaha
Aliouez
Arizona
Inspiration
Indiana
Isle Royale
Soenseeve
Lake
la Salle
Enews
Michigan
Miami
Renner
Nevada Consolidated
Nipissing
Ftee Ave
North Butte Eves
Tuolumne
Utah Consolidated
United States Mining
Utah Apex Feet
Wolverine
Wyandotte
Butte Central
Belmont
Bohemia
Boston-Ely
Butte & London
Calaveras
North Lake
Sete
South Lake
Superior
Southwest
Rutte
Keating
Deforenda
Bess
Peleased Sune
Money Market
Sam M'Connell
Boston and the
Cole
Ryan
Butte District
Talhk
Gugnenheims
Tanner
Clark
Pomeroy
Orient
E. T. Trimble
S. G. Reading
Seattle
Pomeroy Mining Company
H. M. Lambert
Sulphide Mountain Mining & Milling Company
M. W. Ditto
Buffalo
Red Bird Smelting Company
Mackay
Denver
Red Bird
Skylark
Silver Rule
Ella
Hood
Bratte Mining Stock Exchange
Salt Lake Mine
Rid
Alameda
Barnes-King
Butte & Arizona
Butte & Ely
Ou Butte
Milwaukee
Butte-Montana
Butte-Rodersburg
Florence
Seeve Coenen
Ae Mineral Farm
Franklin
Butte & Bacorn
Butte & Balliston
East Butte
Pere
Beck Tunnel
Tee Daly
Grand Central
Lower Mammoth
Silver Bow National Bank
Chicago Livestock
Nevada
Atlanta
Tewee
Booth
Blue Bull
Diamondfield B
Goldfield Consolidated
Kewanos
Lone Star of
Oro
Silver Pick Consolidated
Yellow Tiger
Big Four
Dexter Union Eaeathens
Manhattan Consolidated
Manhattan
Dexter
Virginia
Hale & Norcross
Oy Ophir
Savage
Sierra Nevada
Union Sone
Gipsy Queen
Jim Butler
Halifax
Tonopah
Seereseees
Midway
Mizpah
MacNamara
North Star
Portland Livestock
State Savings Bank
Butte, Mont
Daly Bank and Trust Company of
General Banking
Charles J. Kelly
John D. Ryan
C. Swinborne
R. A. Kunkel
R W. Place
Seeees
First National Bank of
Andrew J. Davis
BE. B. WEIR_CK
J. & Dutton
J. BE. Stephenson
Eoccees
W. A. Clark
J. Ross Clark
W. A. Clark & Brother
Alex J. Johnston
Cashner J. K. Heslet
DR. Lamb
Galena St
Mont
the Fair Drug & Assay Supply Co
Metal Market