Markets Rally From Short Covering Amid Oversold Drops
The market opened lower with heavy short covering pushing prices up after the opening. United States Steel led a sharp rally to and past key levels, while Baldwin and General Motors showed gains as selling eased. Analysts note oversold conditions and expect further covering though caution remains on broader economic stability.
MENTIONED IN THIS ARTICLE
Hutton
Thronner Company
Sterf Exchange
Shorts
Gary
Jones Company
United States Steel
Baldwin General Motors
Pan-American Sentral Leather
Keystone
Lark Fumers
Ber
Butte Men See New Mining Camp at Stewart BC
Northwest coast mining pages spotlight Stewart in British Columbia as a bustling silver gold camp. Prominent backers include Sam Silverman and Westley Warren, with Granite Group and Granby Copper among firms taking options. Premier Mine shows high ore values with shipments proving rich grades, while rail plans and government support hint at a strong future.
MENTIONED IN THIS ARTICLE
Northwest Coast Papers
Stewart
Salmon River
British Columbia
Sam Silverman
Alaska
Butte
H. L. Frank
Patsy Clark
Spokane
Westley Warren
Charles Warren
New York Morning Telegraph
Dominion of Canada
Salmonder District
Canada
New York
Ahha Ie Es
Eet Entree
Granby Copper Company
Nipissing Mines
Alaska Gold Company
Premier Mines, Ltd
Wash
Fernie
Iacn
New York Stock Market Edges Higher on Late Buying Rally
Trading opened weak with industrials lagging and steel shares slipping. A late hour surge in buying covered short positions in popular issues, lifting many stocks 2 to 5 points despite earlier declines while United Cigars surged 17 points on a volatile session.
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New York
Sterday
Sesson
Youngstown Steel
United Cigars
Ranta
Yeterday
New Butte Mines Venture Plans Large Neihart Ground
A new Butte Metals company will develop southeastern Hutt claims near Davine Daly and Curtis Mayors in the Neihart area. A syndicate buys 50,000 Utah Metal and Tunnel stock to support a $750,000 bond conversion, while crosscut work advances toward the mineralized core of the Neihart silver belt. The Swastika Mines near Dixie expands, exploring low-grade ore. transportation improvements and large ore shipments to East Helena smelter are noted amid broader Idaho mining activity.
MENTIONED IN THIS ARTICLE
Butte Metals Suining Company
Broud St
Hutt
Davine Daly
Ines
Ute
Otisce
Mary iSulsee
Secon
Broadway
Neihart
Mnain
Cascade Mines
Neihart Silver Mining Company
L. B. Stod Jara
W. H. Coolidge
H. G. Lapham
F. Hi. Prince
Utah
AH Mens
Swastika Mines Corporaon
Warrens Disct
Idaho
Dixie
Washington, D.C
New South Fork
Dixie Country
Livestock Prices and Receipts From Omaha Market Report
Chicago and Omaha market figures list cattle, hogs, lambs, and veal with prices. Receipts on hogs total 7 800 and 6 500 for battle, with top hogs at 20 dollars. Beef and cattle show slower bids, with yearlings and heifers in the 13 86 to 19 50 range and various cull and common lots.
MENTIONED IN THIS ARTICLE
Chicago
Sapa
Briggs
Omaha
Calumet & Reclamation Mining Declares Dividend
Boston Aug 21 The directors of the Calumet &itecia Mining company resumed dividend payments today with a distribution of 3 a share payable Sept 26 to stockholders of record Aug 25 This is the first dividend since December 1918 when 13 was paid Dividends were discounted in the first quarter of the current year due to weak copper industry conditions.
MENTIONED IN THIS ARTICLE
C. Reek Copper
Boston
Ole Royale Copper Company Ned
Truscott_mining
International Alcohol
Turren Sividend
Calumet &Itecia Mining Company
Gestion Soon Relieved In Hawaii Passenger Transport
Relief is expected in Hawaii travel disruption as wartime requisitions ease. Transpacific liners once shifted to Atlantic duty will gradually return to passenger service, with several freighters and ships resuming routes. Most vessels are anticipated back to normal schedules by December.
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Honolulu
T. H
Mall
Hawaii
Trans Pacific
Atlantic Transport Service
Anest
Stithin
St Veks
Thekt
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