Markets slip as lake ice eases grain movement
Prices for wheat drift lower on the day despite late gains in December and May contracts. Corn and oats show smaller movements while hog driven provisions hold steadier. Cash grain activity rises as deliveries and exports adjust with cooler lake traffic and firmer Gulf premiums. Northern wheat quotes and Minneapolis bids are noted with varied grades and futures.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Lake Taffic
Liverpool
Argentina
Canada
Europe
Gulf of Mexico
Canadian West
United Kingdom
Minneapolis
Seaboard
Market Reverses After Early Gains On Wall Street
New York stock features a late pullback from an early surge as traders reassess after upbeat signals from President Coolidge’s message and tax and railroad consolidation plans. Leaders like International Harvester and General Motors hit new highs before trimming gains, while rails firmed and call money steadied. In Chicago, wheat and corn showed mixed movements amid strong export demand and easing primary receipts, with Cerro de Pasco Copper declaring a $1 extra dividend payable Dec 23 to Dec 16 holders.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wall Street
Coolidge
Financial District
Commission House
International Harvester
General Motors
Consolidated Cigar
American Woolen
Westinghouse
Collins & Aikman
Otis Elevator
Eureka
United States Steel
American
Baldwin
Cudahy
Gotham Silk Hosiery
Manhattan Electrical Supply
United Cigar
United States Cast Iron Pipe
Warren Brothers and Wilson Company
Brooklyn Edison
Continental Baking
National Tea
Phillip Morris
Warner Pictures A. Rails
Atchison, Chicago & Alton
Union Pacific
Cerro DE Pasco
Cerro de Pasco Copper Corporation
Livestock market report from Chicago and New York exchanges
Hogs receipts 36 000 eased about 10 cents from Monday with slow activity. Early bulk hogs 150 to 250 pounds averaged 11.65 to 11.90, with selective loads up to 12. Top 12 for 250 to 280 pounds. Sows mostly 10.65 to 11.10, lightweights to 11.25, heavy hogs 11.60 to 12. Sheep and cattle mixed trading. cattle receipts 16 000 with two way market few steers strong to higher, weights weaker. yearlings around 13.50 for Christmas trade. Sheep 15 000, lambs around steady, feeding lambs active. Foreign exchange lower, great Britain at 4.84 dollars per pound.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Logan & Bryan
American Car Foundry
American International Corporation
American Steel Foundry
American Eee Enema Eee
American Telephone & Elegraph
Atlantic Refining
Atchison Wees
Atlantic Coast Line
Atlantic Gulf
Austin Nichols
Baldwin Locomotive
Ohio
Baltimore & Ee
Bethlehem Steel
Butte & Superior
Butte Copper & Zim Ceseeeesnen Enen
Callahan Zine
Calumet
Arizona
Cerro de Pasco
M. & St. Paul
Chicago
Northwestern
Rock Island
Chile
Chrysler Motor Ae
Colorado Fuel & Iron
Eeseeeeves
Davison Chemical
Dodge Brothers
Dupont
General Eee
General Motors
Goodrich Se
Great Northern
Hudson Motors Eee
Ae Seers Ae
Hupp Motors
Tee Wen
Independent Oil & Gas
International Combustion : Engineering
International Harvester . We
International Merchant Marine Pta
Wee Ee
Ene Ee Peetet
Jordan Motors Tenner
Kelly Springfield
Kennecott
Manhattan
Miami
Mid-Continent
Missouri, Kansas &Texas
Missouri, Kansas
Texas
Missouri Pacific
Montgomery
Montana Power
Moon Motors
Mother Lode Coalition
National Biscuit
National Cash Register
Nevada
New York
Pierce-Arrow
soTee
Roy Dos
Os Ade Ewer
Joe Lead
St. Louis & Os
Francisco Lenges
Associatedress
U. S. Department of Agriculture
Panamiae
Omabia
Omaha
Dec
Bs Department of Agriculture
St. Louis & South Western
Sears-Roebuck Seaboard
Eee Enemas
Ee Ee
Simms
Sinclair Olereeveee
Southern Pacific
Southern Railway
Standard Oil of
California
New Jersey
Stewart Warner Ee
Studebaker Eer
Texas Company
Resus Eee Ee
Texas Pacific Coal & Oil
Timken
Tobacsco
Union Pacific
United Drug
United States
United States Rubber A
Warner Brothers
Western Pacific
Westinghouse
Willys-Overland
Woolworth
New Yor Stock Exchange
Cu. S
Liberty
Liberty d
Liberty 3d
Laiberty
Jos. Treasury
Treasury
Czechoslovakia
Republic
Belgium
Kingdom
Norway
Queenland
U. K
Tanner
Ty Wt. & T
A. Cesses Cseeee
Ccc Cecewavenens
Canadian Pacific
Chicago, Burlington & Quincey Rfe
Hile Copper
Market closes with late selling erasing morning gains
New York markets opened strong but during the last hour widespread selling trimmed forenoon advances. The presidents message was seen as constructive and promoting price betterment after midday. Independent steels trade declines, motor shares look steadier, sugar shares gain on commodity prices. Professional trading remains dominant.
MENTIONED IN THIS ARTICLE
Logan & Bryan
New York
Independent Steels
Metals Market Report From New York Dec 7 1920s
Copper line electrolytic spot and futures quoted at 13 dollars. Tin easies at 69.62 cents spot and 67.12 cents futures. Lead at 7.90 cents spot. Zinc easier with East St Louis spot and futures at 7 cents. Antimony at 13.75 cents spot. Cables with various international demand figures for currencies including France Italy Belgium and Germany.
MENTIONED IN THIS ARTICLE
France
Italy
Belgium
Germany
The
Associated Press
New York
East St. Louis
Copper and tin prices fall in London market
Tandon Metals London reports copper spot at 7s, futures at 5s. electrolytic copper spot 6s 6d, futures 6s 11d. Tin spot 7s 6d, futures 15s 5d. Lead spot 7s 6d, futures 29d. Zinc spot 6s 6d, futures 33s.
MENTIONED IN THIS ARTICLE
Tandon Metals
London
Refined sugar market steady with firmer inquiry
New York report shows refined sugar firm and 15 points higher with first quotations from 6.30 to 6.40 cents for fine granulated. Sugar futures closed steady as about 75,000 tons were sold. December 3.29, January 3.21, March 3.26, May 3.30, July 3.37 cents.
MENTIONED IN THIS ARTICLE
Associated Presse
New York
Butter and Eggs Prices in Chicago on Dec 7
Butter markets show lower prices with receipts of 10,749 tubs including creamery extras at 54% cents, standards at 49, extra firsts at 50 plus two thirds, firsts at 42 to 45 cents, and seconds at 37 cents. Eggs declined with receipts of 4,952 cases. grades include Fairly ordinary firsts at 40 to 41 cents, refrigerator extras at 35 to 35% cents, and refrigerator firsts at 33 to 34 cents.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Minnea Polis
Dee
Montana
Ste
Seattle
Logan & Ryan
Aelee
Big Bend
The
Associated Press
Chicago
Potatoes Market Report from Chicago Trade
Potatoes receipts total 417 cars nationwide with 80 cars on track. Demand is slow and market dull. Wisconsin sacked Round Whites range from 2.15 to 2.40 with occasional higher fancy shade. Minnesota sacked Round Whites 2.25 to 2.25.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Wisconsin
Minnesota
Live Stock Market Report From Uneven Yearling Sale
Sheep receipts total 12000 with lambs weak while wet fleeces affect prices. Yearlings show mixed strength with top loads at 13 while bulk cattle trade holds mostly steady. beef cows and cutters firm to weak with stockers and feeders around 6 to 7.59. Early sales of fed wooled lambs range 12.25 to 12.50, with some held higher and feeding lambs downward from 12.50.
Grain and livestock market report from South St. Paul
South St. Paul Minn Dec 1 U S Department of Agriculture cattle receipts 3200 market opening slow to about steady steers and heifers in liberal supply saleable around 7 8 few loads up to 8 75 stockers largely 4 40 6 75 few loads light weight heifers to 7 50 cutters slow 3 50 4 bulls 5 25 5 60 stockers feeders slow 5 25 6 50 calves 2800 dealers steady bulk good lights 9 50 few 9 75 hogs 15000 opening sales about steady best butchers and lights 11 40 big packers slow packing sows 10 10 50 bulk pigs 12 average cost Monday 11 32 weight 799 sheep 1000 fat lambs opening with weak undertone natives 12 75 best higher fat lambs 4 50 6 50.
MENTIONED IN THIS ARTICLE
South ST. Paul
The
Associated Press
Minn
S. Department of Agriculture
Cattle Prices in Los Angeles Market Report
LOS ANGELES Dec. 7. Cattle and calves market report from the U S Department of Agriculture notes 500 cattle and 1,000 calves, good cattle scarce, steers at 8.65 down to 7 for lower grades, cows and heifers 5.35 to 7, cutters 3 to 4.50, bulls 4.75 to 5.75, calves slow but around steady with three loads of 282 to 295 pound calves at 8.50.
MENTIONED IN THIS ARTICLE
Los Angeles
The
Associated Press
U. & Department of Agriculture
Cattle Market Report from Seattle Trade Desk
Seattle dairy and beef prices show mixed movement with cattle steady and hogs easing. Calves and prime lights quoted around 12.15 to 13.15, smooth heavies 10.35 to 11.35, rough heavies 9.35 to 10.35, and pigs at 11 to 12 as receipts reach 3,396 cattle and 858 hogs.
MENTIONED IN THIS ARTICLE
Seattle
Associated Press
Also Mentioned on This Page
Duluth
Poultry Alive
Great Britain
Montana Stock and Land Company
Abell Ou
Ardsley Butte
Beaverhead
Alberta Butte
Butte Hill Copper
Butte & Son
Butte & Western
Butte West Side
Carrie Silver
Happell Ojeee Ae
Gordon Campbell
Homestake
Hager Stevenson
Imperial Roy
Jardine Mining
Midwest Butte
Neihart
Queen City
Teeenne
Royal Development
Silver Bow Securities
Stellar Oil & Gas Oe Stevenson Agss
Sunburst Oil & Ref
Spokane
Logan & Bryan Bid
Caledonia
Western Union Eheee Ee
Richmond Eeewsee
Tarbox
Eererveee Sherman
Namarack
West Hunter
Ajax
Stratton
Sucky Jim Seer
McGillivray
Seer
Steademith Eee
Sunshine
Salt Lake
Boston & Ely
Alta
Boston & Montana
Alta Tunnel Butte
Cardiff
Calaveras
Cheyenne
Cols Rex
Columbia Emerald
Fall River
Rico
New Quincy
New York Conn
Denver
Logan & Oer
Burke Oil
Boston & Wyoming
Cms
Chappell
Necker Cab
Mt Williams
Mesabi
Mountain & Gulf Stutz
Western Explorer
Mountain States
Lehigh Power
Jogan & Bryan
Carib An
Glenrock Pe Ae Tees
Ariz Commercial
Pete
Bingham Mines
Gots Marland Mexeae
Carson
Mexico
East Butte
Pennock Sree
Franklin
Mason Valley
New Cornelia
Cal Jerome
North Butte
Coas Copper Sane
Dominion
Cresson
Delores
Flureka
TA Swift & Co
United Shoe Machinery
Devel Hollinger Sen Ree
Utah Metals
Kerr Lake
nosTon Cuurk
Nipissing
Vegan & Bryan
Ohio Copper
Teck Hughes Th
Ardsley
Eastern Oor
Bagda Smelter
Verde
Sennev
Ara Wayne Coal
Belcher Es
New Mont
Direct
Billings
Finlen
Charles J. Kelly
the Boar
James E. Woodard
James T. Finlen
R. W. Place
J. l Teal
J. J. Burke
First National Bank of
Butte
W. A. Clark & Bro. —Bankers
Clark
J. Ross
Z. K. Heslet
B. J. Barker
Galena Butte
Mont
Page