Wall Street Sees Broad Rally Led by Steel and Utilities
Trading surged beyond 554000 shares as Steel, Reading and Union Pacific led a market broad rally. Copper rose to 16 cents amid improved sentiment tied to crops financing and a Southern Pacific syndicate development, while government bonds held steady and total par value reached 1.925 million.
MENTIONED IN THIS ARTICLE
Steel
Reading
Union Pacific
Treasury Department
Southern Pacific Syndicate
Portland Stock Market Report Amid Steady Cattle Trade
Portland cattle receipts total 200 with steady market. Choice steers bring 7.76 to 7.50 per hundred, medium steers 7 to 7.50, choice cows 7.26, medium cows 6 to 7.75, medium calves 6 to 6.75, good heavy calves 6.75 to 9, bulls 4 to 5.76. Hogs receipts 200, market easy with lights at 8.60 to 8.60 and heavies 8 to 8.60. Sheep receipts 200, market easy: wethers 8.25 to 4.25, ewes 32.75 to 73.50, lambs 2 to 6.
MENTIONED IN THIS ARTICLE
Portland
July Showing Not Up To The June One
Progress of development at the old Santiago shaft near the North Moccasin mine will be resumed soon and used as a means of effecting an improvement and saving.
MENTIONED IN THIS ARTICLE
North Moccasin Mine
North Moccasin property deal yields large ore returns
Mining shows 4 381 tons processed with bullion returns of 32 113 40. After deducting 3 50 per ton for mining and milling, net is 16 779 99. Fifty percent goes to the North Moccasin people as partial payment of property with Barnes King company retaining 25 percent. Total paid toward the property amounts to 108 155 96 in bullion and 12 585 00 in cash, against a 150 000 00 purchase price.
MENTIONED IN THIS ARTICLE
Amalgamated Copper
American Agricultural
American Car & Foundey
American American Tee Securities
American Locomotive
Smeltte
American Sugarning
American Tobacco
Anaconda Mining Company
Sie Atchison
Atlantic Coast Line
Ees Oo
Baltimore & Ohio
Bethlehem Steel
Brooklyn Rapid Transit
Canadian Pacific
Central
Delaware & Hudson
Denver & Rio Grande
Ceeeerererssom Eeunee
Sls Distillers Securities Eeeens
Erie
Ewer Do
General Electric
Great Northern
Great Northern Ore Certif Tenner
Illinois Central
Interborough-Metropolitan
International Harvester Seeewee
International Marine
Louisville & Nashville
Northern Pacific
Ee Pacific Mail
Pennsylvania
People’s Gas
Pittsburg
C Co
Pittsburg Coal
Reading Republic Iron and Steedo
Steck Island
C Do
Louis & San Francis
Air Line
Zeres
osf-Sheffield Steel
Southern Pacific
Southern Railway
Tennessee Copper
Teres
Texas & Pacific Beers
Eseere
Union Pacific Do
United States Realty
United States Rubber
United States Steel
North Moccasin
Barnes-King Company
Seasttaei
Montana
Barnes-King July report shows higher tonnage but lower bullion returns
Barnes-King Development reports July tonnage rose to 4 381 tons from 3 687 in June but ore grade dropped. Net bullion per ton fell to 7.33 from 9.60 while gross earnings slipped to 32 113.49 from 35 387.14. Mining costs rose to 3 50 per ton, producing a July net loss of 5 705.66 compared with June. Final payments schedule and August balance are noted along with progress at North Moccasin and Piegan-Gloster.
MENTIONED IN THIS ARTICLE
Barnes-King Development Company
George T. McGee
North Moccasin
Santiago
Piegan-Gloster
Comptroller calls for banks to report condition and loans
Washington Aug 12 The comptroller of the currency issued a call for a statement of the condition of all national banks as of Saturday Aug 12 The treasury seeks data on currency relief efforts and rediscounts banks loans to other banks and bills payable The new forms aim to identify regional needs chronic borrowers and banks reloaning funds for normal times and to provide practical statistical insight
MENTIONED IN THIS ARTICLE
Washington
Comptroller
United States
Treasury Department
Kane
Local copper prices hold firm on market gains
Copper prices hold well on local market with strong demand and scarce stocks. Bullish market outlook noted by analysts in New York and Boston reports, with forecasts of further rises and broadening outside buying.
MENTIONED IN THIS ARTICLE
Logan & Bryan
New York
Treasury Department
Market strength cited by multiple papers in weekly report
The New York Times notes stock market strength as the week’s most impressive display of activity. The Herald says Wall Street remains unshaken by Mexican reports while the Sun sees a drive against outstanding short interest. The Commercial expects Southern Pacific stock to stay cheap until sold to real investors. The Tribune reports bankers doubt currency bill progress, and the American suggests bankers expect an active speculative period as underwritings are dumped.
MENTIONED IN THIS ARTICLE
Butte
Bullwhacker
Davis-Daly
Walker
New York Times
Herald
Wall Street
Sun
Tribune
Havre Harbor Vessels Empty of American Flags in 1912
In 1912 not a single merchant vessel bearing the American flag entered or cleared Havre France port, reflecting a period of zero activity for U S flagged shipping at the port during that year.
MENTIONED IN THIS ARTICLE
Havre
France
Chicago Markets Tell Corn Losses and Rally Across Grains
Chicago markets rose on Aug 12 as estimates of a 900 million bushel drop in corn stunned traders. Wheat gained, oats followed corn, and provisions dipped. Dry Southwest weather blamed for corn damage while Manitoba and North Dakota reports aided wheat. Prices for futures and cash grain, including rye and barley, reflected ongoing supply worries and improving export demand.
MENTIONED IN THIS ARTICLE
Chicago
Bears
Manitoba
North Dakota
Chicago hogs cattle and sheep market report
Chicago August 12 market report shows hog receipts at 15000 with a steady to slightly lower tone and varied prices from 4.75 to 9.30 for pigs and heavy hogs. Cattle receipts 5000 with a weak market down to 19 cents. Reeves to 9.20 and Texas and western steers priced between 6.35 and 7.80 with stockers, cows, heifers and calves noted. Sheep receipts 33000 with slow, weak demand. native sheep to 5.85, lambs to 7.50 for western and native varieties.
MENTIONED IN THIS ARTICLE
Chicago
Reeves
Texas
Western
Metal Prices and London Markets Snapshot
New York lead steady at 4.45c while copper advances across several contracts. London copper futures ease, tin weak, and London closes with copper easy, tin weaker with prices quoted for spot and futures.
MENTIONED IN THIS ARTICLE
New York
London
Money and rates on banking and mercantile paper in New York
Prime mercantile paper stands at 6.6 percent with sterling exchange steady. Bankers' bills quoted at 488.25 for 60 day and 486.60 for demand. Commercial bills at par silver. Mexican dollars at 47 3/4. Money on call steady at 2 1/4 percent. Ruling rate 2 1/4 percent. Time spans show ease with 60 days 3 4 percent, 99 days 4 4 1/2 percent, six months 5 1/2 percent.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Your Signature Makes It Money
Many conveniences flow from maintaining a checking account as described in a dated advert. It highlights record keeping, safer receipts via returned checks, and avoiding loose change, while promoting the comfort of signing and using checks as cash. It invites readers to open an account and mentions four percent on savings and a booklet to read.
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