Markets and grain prices slip amid trading in Detroit wheat
Wheat futures drifted lower with December 2.32 to 2.38 and cash quotes showing No. 2 red at 2.55 to 2.56. Corn futures eased near mid session as September and December values hovered around 1.42 to 1.43 and 1.19 respectively, while oats and barley posted mild gains. Hog prices rose up to 40 cents, and butter and eggs moved higher on U.S. receipts of 8,228 cases with varied firsts and storage-packed tiers.
MENTIONED IN THIS ARTICLE
Adi Ats
Ats
Hite
Arley
Broad demand for rails dominates New York stock market
At the New York Stock Exchange on August 26, investors pursued rail stocks with broader gains in bonds, while most industrials fell or held. Major rails like Southern Pacific and Union Pacific edged higher, Missouri Pacific and others slipped, and call loans opened at 7 percent as market activity remained sluggish. Copper held steady, tin rose, and lead eased to close firm after a dull session.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York
Southern Pacific
Union Pacific
Atchison
Great Northern
Reading
Missouri Pacific
St. Paul
Rock Island
St. Louis
San Francisco
Mexican Petroleum
Sumatra Tobacco
Replogle
American Can
Bethlehem Motors
Baldwin Locomotive
American Car
Cuba
Missouri, Kansas & Texas Preferred
Chicago & Great Western
Ontario & Western
Livestock Market Report from Chicago Auction
Cattle receipts around 11 000 with market steady to 25 cents higher on beef steers. Hogs receipts near 18 000 with prices up to 25 cents higher. Sheep receipts about 25 000 with prices unevenly higher and very good native lamb bids reaching around 13.50. Bulls and canners moved slowly with modest declines in some categories.
Market results from Spokane and Omaha hog and cattle trade
Spokane and Omaha market reports show hogs selling mostly 25 to 35 cents lower with prime mixed hogs around 16.75 to 16.75 and heavies 14.50 to 15.25. Cattle receipts total 43 at Spokane with prime steers 9.50 to 10 and better. calves and stockers around 5 to 8. Sheep at Spokane limited with prime lambs 9.50 to 10 and yearlings 5.50 to 6.50. Omaha reports 6,000 hogs, mostly 13.75 to 14.75, cattle 1,909 receipts with beef and feeder cattle steady to 25 cents higher. sheep 26,500 with killing strong to 25 cents higher and best lambs around 13.25 and ewes steady.
MENTIONED IN THIS ARTICLE
Spokane
Omaha
Market Mixed After Raid Pressure and Europe Bets
The market opened cautious after a raid on Bethlehem Motor receivership, then firmed with professionals covering and small advances. J L Replogle and Clarence H Howard urged optimism about Europe and postwar stability, noting rising steel demand and pending railroad wage disbursements. Butte & Superior reported a quarterly loss. Frantzwell No 2 oil began flowing to Winnett, with capacity up to 1,500 barrels daily. Hedley Gold Mining runs 150 men with ore valued near nine dollars a ton and production costs around eight fifty.
MENTIONED IN THIS ARTICLE
Bethlehem
Shorts
Lauzier-Wolcott
Braders
J. L. Replogle
Replogle and
Vanadium Steel Companies
Europe
Replogle
Vanadium
Mines and Mines Near Helena Report Blooming Ore and Mills
Mines in Lump Gulch near Helena widen on new fifth level with richer ore and a second high grade silver shoot in the west drift. At Jardine Park county boasts the largest modern gold mill dropping 50 stamps and processing 250 tons daily. In Cooke City district a boom year sees ore hauled to Gardiner and substantial work on McKay properties. Iron Mask mine Townsend drives forward with a second drift to cross 80 percent lead vein.
MENTIONED IN THIS ARTICLE
Lump Gulch
Helena
H. B. Emigh
Emigh
Park County
Livingston
Jardine
National Park
Republic Company
Cooke City
Gardiner
R. L. McKay
McKay
McKay Properties
Yellowstone Company
Republic Mines
Glengarry Properties
Western Smelting and Refining Holdings
Iron Mask
Townsend
Wall Street Flashes Read in Copper and Rail Outlook
Wall Street circles monitor copper and share markets for any shake-out before improvements. No large bull bets seen in copper shares while railroads look to a strong 1921 with high freight rates and a January rise. General brokerage sentiment foresees moderate market gains by month’s end if money and foreign news stay stable. Commodities have fallen enough to hint at banks releasing three to four billion dollars in loans, much of which finances rail needs, reducing net loan curtailment to under half previous estimates.
MENTIONED IN THIS ARTICLE
Wall Street
Heilbronner Company
New England
Sugar Market Report from New York
Raw sugar nominal. Refined dull and easy, fine granulated, 17,17,10e.
MENTIONED IN THIS ARTICLE
New York
Bar silver and Mexican dollar prices steady in New York
RAK SILVER New York Aug 26 Bar silver domestic unchanged foreign 98c Mexican dollars T5e
MENTIONED IN THIS ARTICLE
RAK
New York
New Capital in Sheeby Mine in Santa Rita District
Montana and eastern capital have formed a syndicate to take over the Sheeby group of mines in the Agua Caliente region, 25 miles northwest of Nogales. Development starts Sept. 1 with notable operators like Lee Mantle and former Governor Spriggs among the buyers, promising growth for Santa Cruz county and Nogales. Ed and Jerry Sheehy and associates have developed the ore body for a decade.
MENTIONED IN THIS ARTICLE
Nogales
Montana
Sheeby
Santa Rita Mountains
John Hoy
Harshaw
Santa Cruz County
Agua Caliente
Tubac
Tucson
Lee Mantle
Spriggs
Hoy
Jerry Sheehy
Money Market Report Highlights Rates and Currencies
New York mercantile paper steady and money markets tight with call money at 7 to 9 percent and time loans firm for all dates. Sterling weaker in late dealings at 3.57% to 3.58% on cables, while London discount rates show short bills at 6% and three month bills around 6% to 6.16 percent. other currencies quoted include francs, guilders, lire, and marks with varying demand and cable figures. bar silver in London at 61.5 cents per ounce.
MENTIONED IN THIS ARTICLE
New York
New York Exchange
Montreal
London
Also Mentioned on This Page
White Motors
Wilson O
Willys-Overland
Worthington
Liberty Bonds
Liberty
Aetna Ee
Bigheart
Caledonia
Calumet-Jerome
Glenrock
Ee Goldwyn Ree
Gillette
Gulf & W. I
Gilliland
Hecla
Hollinger O
Jerome Verde
Magma Copper
Sumatra
Magma
Maracaibo
McKinley-Darragh
Merritt Eer
Pet
Midwest
Ohio
Baldwin Loco
Beth
Baltimore & Ohio
Pennok
Bosch
Gt Ray Hercules
Brooklyn R. Ee
Radio Corp
Butte & Superior
Butte
Ryan Pet
Calif. Petroleum
Salt Creek
Canadian Pacific
Sapulpa
Aly
Central Leather
Stewart Mining Seer
Ches & Ohio
Eee
Swift Int
St Pia
Silver King of
Ariz
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Simmes Pet
Chandler Motor
Temisk Ee
Chile
Colorado Fuel
United Eastern
Columbia Graph
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Calif
U. Ids
Cerro de Pasco
West End
Lauzier- Wolcott Co
Fisk Tire
M. T
Reneral Electric
Swift &Co
General Motors
Arm'r & Co
Greene-Cananea
Goodrich
Us Steel
Algomah
Bu. Wat. Co
Allouez
Jd Bu. el. & P
Kennecott
Davis-Daly
Kelly-Springfield
East Butte Ee
Keystone Tire
Lackawanna
Franklin
Lee Tire
X. P
Hancockee
Maxwell Motors
Isle Royale
Wfly
Miami Copper
Island Creek Vo Va
Midvale Steel
Indiana
Keweenaw
American Oijl
Montana Power
Lake Copper
Atlantic
Borne-Scrymser
Burke Oil Ag
Mason Valley
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Northern Pacific
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Cat Creek
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Decker-Collins
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the Frantz Corp
Mont
Can City Motor Truck
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Trinity
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Sinclair
V. Rat
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Sloss
Sheffield
Utah
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Stromberg
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Swan & Finch
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van Duzen
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United Ret
Boston & Montana
Wash
Willow Creek
Butte-Ballaklava Wyoming
Butte-Bullwhacker. +15 _ as Rubber 5s Rew Butte-Jar M. & M
Ss. Sm
Butte-New England
Ss Steel
Butte-Ramsdell
Utah Copper
Mike Henry Sete
Neihart Silver
Western Union
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ICAGO
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Bint
Kano Painted
Clarence H. Howard
Commonwealth Steel Company
United States Chamber of Commerce
Howard
Russia
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Kirk Basin Consolidated
Greybull
Wye
J. L. Scott
Florence
Flohart Company
Neihart
Hedley
British Columbia
Capitalist Bay
Arizona Mines
Boston Curb. R Company
Heilbronne
Bohemia
Boston & Ely
Butte & London
Calaveras
Og Union Copper
Crown Reserve
Eagle & Bluebell
Houghton
E Ao
Eenee
Majestic Eee
Nevada-Douglas
Ohio Copper
Oneco
United Verda
Miami
Eceses
Cascade Cosi
THE
Anaconda Butte
Park
Broadway
Chicagory of Trade
International
Union
Lauzier-Wolcott Company
Stock and Grain Brokers
Logan & Bryan and
Hayden Stone CO
W. A. Clark J. Ross Clark
W. A. Clark & Bro, Pawerpa
Paniark
Auiisneg
Alex J. Johnston
J. K. Heslet
First National Bank of
Federal Reserve System
Andrew J
J. & Dutton
J.E. Stephenson
George A. Hill
Ashier
Andrew J. Davis Jr
Cashier
W. J. Forsythe
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