Narrow Range in Market Prices Amid Speculation Rumor
Reports say steel products price talks and government takeovers caused brief stock jumps, then settled. markets see constrained ranges with optimism in New York and expectations of gradual recovery. Analysts note possible price fixing probes, copper supply concerns, and war-related economic outlooks from Washington to Boston.
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Helbronner CO
Hutton
New York
Washington
United States Steel
Bardi
Hoover
Egypt
War Waits on America Review of Reviews Perspective
The piece notes British wartime gains including prisoner captures and artillery superiority. It argues the western front awaits American troops to achieve reserves for a renewed offensive like the Somme while German losses mount and the submarine menace looms as a deciding factor.
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Husain
America
Pershing
France
Kaine
Somme
Cosigne
Highland
Arras
Ypres
Wheat Market Movements and Grain Prices Amid Controls
Market reporters note wheat futures held firm near a government price floor while corn weakened but steadied as hog prices climbed. Prices for No 2 red and other grains are listed with receipts and livestock quotes reflecting a mixed day as government policy actions loom.
MENTIONED IN THIS ARTICLE
Jim Renee
Elf
Food Control Law
Iss
Timothy
Clover
Mint Director Sets Bullion Purchase Rules Amid Price Shifts
The director of the Mint announces new regulations effective Aug 18 permitting purchase of gold bullion at mints and assay offices across multiple cities based on fineness. Lower-grade ore rejected as silver price soars. policy aims to align bullion value with gold content. A separate anecdote recalls a public school visit where a philanthropist asks children about virtue and time.
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Directo
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Nev
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Eit
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Wall Street closes as demand lifts stocks amid war supply hopes
New York trading featured broad strength with steel and defense related issues leading gains. United States Steel rose about one and a quarter points, Burlington Northern and Northern Pacific active, and bonds steady with Liberty bonds near parity as total volume reached 365 000 shares.
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