Markets Open Higher as Light Wheat Receipts Rally Prices
Light receipts and sparse selling push wheat futures higher with December at 2.39 and March 2.41 while corn fluctuates to a net decline at 1.45 to 1.53. Cash quotes show No 2 red wheat at 2.59 to 2.60 and No 2 yellow corn at 1.61. Egg and butter prices rise with eggs at 46 to 47 cents for firsts and storage-packed firsts at 47 to 48 cents.
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Chicago
Livestock Market Report From Chicago Aug. 18
Cattle receipts 7000 with slow beef and butcher sales. best steers scarce and prices mostly 15.25 to 16.40, cows 4.12 to 12.50, calves weak. Hogs receipts 15000 with prices 16.15 to 15.85 for bulk, sows 14.20 to 14.40, pigs down. Sheep receipts 33000 with a slow market mostly 25 cents lower. native lambs to 12, bulk 10 to 11.50, fat ewes 7, feeder lambs around 12.
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Chicago
Wyoming
Montana
Omaha Hog and Cattle Prices Slump Amid Market Shifts
Omaha reports include 7,500 hogs with medium and light weights steady to strong and other grades down to 25c. Cattle receipts reach 6,506 with beef steers and butcher stock down 25c to 50c, while bulls hold. stockers and feeders down 25c to 50c. Sheep receipts total 24,000 with lambs to 11.90 and ewes to 6.50. feeding lambs near 12.25.
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Omaha
Spokane Market Report Hogs and Cattle Steady
Spokane market report shows hogs receipts at 13% with firm market. Prime mixed hogs 17.17 to 17.50, medium mixed 16.50 to 17, rough heavies 14.75 to 15.50, pigs 15 to 16.25, stockers 14.25. Beef. prime steers 9 to 9.5, good to choice 8 to 9.5, cows and heifers 7 to 7.5, canners 3.5 to 4, calves 10 to 13, stockers 5 to 8. Sheep receipts 4 with steady market. prime lambs 9.5 to 10, yearlings 6.5 to 6.5, wethers 5 to 6, best ewes 2 to 5.
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Spokane
Money Market Reports Mixed Tones On Rates And Cables
New York money markets show mercantile paper unchanged and exchange trading irregular. Sterling and continental rates move with cables quoting small gains while time loans hold firm at 9 percent and call money ranges from 7 to 9 percent, closing at 8 percent.
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New York
Mercantile
New York Exchange
Montreal
Market Slump Persists on Weak Demand Across Sectors
Lack of buying power and ongoing uncertainty pushed the market lower with about 400,000 shares traded. Industrials and shippings showed little spark, rails lagged, sugar and leather led declines, while petroleum, steels, equipment, and motors posted modest gains. Call money rose, mid session improved briefly, then renewed weakness in oils and active equipment, ending with a steady close and late short covering. Copper and silver quoted.
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New York
Shorts
National
Endicott-Johnson
Pittsburg
Prices likely to ease as crops good and Europe demand falls
The Heilbronner Company notes a favorable general outlook with a good crop of food stuffs. Europe may require less next year, suggesting lower prices though a full normal return awaits Russia's export resumption. If general commodities fall, building material demand may rise and copper use could increase. Albany hearing shows little opposition to freight-rate rises. public service commission to decide Thursday. Interstate Commerce Commission approves roads' loan of 1,000,000.
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Heilbronner Company
Europe
Russia
Albany
Public Service Commission
North Butte reports strong second quarter mining gains
North Butte’s North May vein on the 3200 foot level yielded 6.2 percent copper and 38.6 ounces silver per ton over 185 feet, with the Edith May at 1400 feet showing 4.8 percent copper and 1.6 ounces silver per ton over 110 feet. Operations at Birtha were suspended due to labor and copper market issues. The quarter mined and shipped 67,599 wet tons. treated 65,758 dry tons, producing 3,599,634 pounds copper, 151,285.57 ounces silver, and 210,407 ounces gold. The Birtha mine output and a financial balance sheet are detailed, while new ore shipments and a rich strike in the Evening Star Development company are noted.
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North Butte
Boston
North May
Hdrth
Butte
Birtha
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Granite Mountain
East Side
Utah Copper Reports Second Quarter 1920 Profits Rise
The Boston News Bureau says Utah Copper earned 2 240 470 in net profit in Q2 1920 and 5 111 059 for the first six months ending June 30. Production totaled 28 697 127 pounds in Q2, with ore grade 1.2130 percent copper and 82.30 percent recovery. Cost per net pound, including depreciation but excluding federal taxes, ran 13.697 cents, down from 13.202 cents prior quarter, while gold and silver values in concentrates reached 235 544 and miscellaneous income 300 767, yielding 1 929 cents per net copper pound.
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Utah
Boston News Bureau
Arthur
AveMare
Horoscope Forecast for 1920 Outlook and Social Influence
The article predicts a highly auspicious period under which leaders rise and influence grows. Editors publishers and advertisers may see great success and honors while public appeal increases for those in power. It warns women may be ruled by emotion and notes rising gold discussion and impending strikes amid price rises and social tensions.
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Mercury
Sun
Saturn
McClure
Tilly Turtle Finds Her Way Back Home
Tilly Turtle leaves the river for a sunlit meadow and meets Willy Grasshopper who mistakes her for Woodie Turtle. After visiting Woodie, she returns with the meadow crowd, who learn to value their damp home and vow not to follow strangers again.
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Woodie Turtle
Woodie
Willy Grasshopper
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First aerial Derby around the world planned by Aero Club
A special commission of the Aero Club of America and the Aerial League of America plans the first aerial Derby around the world. A Handley Page W 8 aircraft will fly east from London with two seasoned American aviators aboard. The flight will use shore bases every 150 miles, totaling about 22 207 miles with stops, costs shared among up to ten participants.
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Yorikk
Aero Club of America
Aerial League of America
Globe
London
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Yokohama
Aleutian Islands
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Siam
Karachi
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Greece
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Azores
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Cairo
Atlantic Ocean
Great Britain
Navy ships use mechanical cow to supply milk
Two hospital ships, the Mercury and the Comfort, reportedly employ a "mechanical cow" that can produce milk on demand. The device is fed with unsalted butter and skimmed milk powder and can adjust butter fat content. It also yields cream suitable for whipping and produces a liquid tasting like high quality dairy milk and cream available ashore.
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Mercury
Comfort
Minneapolis grain and flour market update
Minneapolis reports flour prices steady to 20 cents higher in carload batches, with 98 pound cotton sacks at 13.40 to 14.20 per barrel. Shipments total 55,880 barrels while wheat receipts reach 208 cars vs 354 a year ago. Cash grain quotes include No 1 Northern wheat at 2.70 to 2.80, No 3 Yellow corn around 60 to 63 cents, No 3 oats about 4 66. Rye No 1 near 1.00, flax at 2.26 14. Prices reflect mixed activity in an August trading day.
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Minneapolis
C. Kiaha
Metal Market Summary from New York August 18
In New York on August 18 metal prices for copper iron antimony lead and zinc remained unchanged. Spot copper value quoted at 4a and futures at 48.25 00 with futures at 48.25 00 for the day.
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New York
Sugar Market Update From New York Aug 18
Raw sugar nominal centrifugal 12.54 cents per pound. Refined market quiet with fine granulated unchanged.
MENTIONED IN THIS ARTICLE
New York
Bar Silver Markets Report From New York Aug 1
Bar silver prices in New York show domestic unchanged and foreign at 98 percent. Mexican dollars quoted at 7 1/2 pence. Sanacne date set for Aug 18 with bar silver at 60 1/2 d ance money and discs unchanged.
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New York
Sanacne
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