President Considers Government Ownership
Washington reports President Wilson seriously weighs government ownership of telephone and telegraph lines. Postmaster General and the president hold conferences to study practices in nations with such systems as the full report from the postmaster general is due for public release.
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Washington
Wilson
Neval
Chicago Markets Sharp wheat lift as shorts cover
Chicago trading closes firm on brisk demand from exporters and speculators for wheat. Corn and oats finish mixed with light backing from commission houses. hogs and cattle demand steady amid ongoing liquidations and weather notes from Argentina. Prices for futures and cash grains move within narrow ranges as traders weigh supply quality and short-covering pressure.
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Chicago
Chicago Livestock Prices Mixed as Markets Brace for Year End
Hog receipts reach 52000 with dull activity. Prices range from light at 7.25 to 7.80 for various weights, while 5200 head of pigs hover around 5.50 to 7.30. Cattle receipts 26000 show slowing trade, with beeves 6.50 to 99.50 and western/ Texas steers from 5.90 to 7.75. Sheep receipts 40000 steady to slightly lower, native and western lambs 4.20 to 7.90, yearlings 5.50 to 7.90.
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Texas
Portland Market Report Cattle Hogs and Sheep
Port land market reports firm cattle and steady hogs with mixed cattle values. Prime steers sell up to 7.75 while heifers reach 6.85, sheep wethers at 4.5 and lambs at 4.6, and hogs range 7.25 to 8.0 for light and 6.5 to 7.0 for heavy.
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Wheat and grain prices in Minneapolis market report
Minneapolis market notes list for December shows Wheat prices across grades from No. 1 hard 884c to No. 3 wheat 824 83%4c. December futures 3% 844¢c and May at 88 c. Flax at 1.42% to 1.4644 and Barley between 44 and 68c.
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Minneapolis
Market Shows Narrow Turn With Some Weak Spots
The day’s trading opened with a broad decline followed by a cautious recovery. New Haven fell to 71 1/2, New York Central to 91 1/2, Canadian Pacific down about three points, while United States Steel’s stronger monthly tonnage report aided a late rebound amid persistent money firmness.
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Copper demand strengthens shares in market mix
The market shows little overall change amid uncertainty as copper shares rise on increased demand. A Boston letter notes steady stock activity with investment stocks slipping while speculative favorites hold. Amalgamated Copper remains firm and local copper demand stays solid.
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Boston
Copper and lead prices in New York trade report
Copper steady with no standard spot or futures quotes. Electrolytic around 14.374 to 14.50 cents, lake at 15 to 15.60 cents, nominal casting 14.12 percent. Lead quiet at 3.95 to 4.05 cents, in London £17 7s 6d. Spelter quiet at 5.10 to 5.20 cents, London £21 5s.
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New York
Lake
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Money Rates and Markets Move Amid Mixed Trade
New York money markets show calls at 5 to 6 percent, time loans firm with 60 days at around 5 1 2 percent, 90 days at 5 1 2 percent. Prime mercantile paper around 5 4 to 6 percent. Sterling steady at 4 81 60 days and 4 85 20 demand. Commer cial bills 4 80 59. Bar silver at 57 1 2 cents, Mexican dollars at 4 5 cents. Government bonds weak, railroad bonds easy.
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