Copper Shares Rally Amid Market Activity
Copper stocks showed brisk trading with Anaconda up to 62 percent and closing at 61 percent after opening at 61 percent. Inspiration touched 60 high from 59, while Davis-Daly rose to 13 percent and bid to 137. Traders expect Davis-Daly to surpass East Butte before two weeks. Tri-City Oil demand strengthened as prices held despite Federal reserve actions curbing speculation.
MENTIONED IN THIS ARTICLE
Anaconda
Lauzier-Wolcott
Davis-Daly
East Butte
Tri-City
Federal Reserve
Corn Prices Surge on Canada Wheat Lift in Chicago
Chicago December 29 corn prices rose sharply after news of a 60 cent bushel lift in Canadian wheat quotes. January futures 1.30% to 1.31, May 1.29% to 1.29%. Oats up 1% to 2.5 cents, provisions mixed with 22 to 40 cent gains. Lard weak, cash corn bids around 1.36% to 1.44 for new and old stocks. Receipts 1,086 cases as eggs and butter advance slight, poultry higher for live stock.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Seaboard
Minneapolis Grain Prices and Receipts Report
Minneapolis grain market rundown shows Dec 29 receipts at 995 cars, vs 759 last year. Cash prices list No 1 northern wheat at 3.05 to 3.33, corn at 1.00 to 1.02, oats around 0.79 to 0.81, flax at 4.60, barley 1.25, rye 1.71, bran 0.43. Shipments total 67,415 barrels.
MENTIONED IN THIS ARTICLE
Minneapolis
Copper and metals market notes from New York
In New York on December 29 copper stayed steady with electrolytic prices for spot and first quarter at 18 19 cents. Iron remained stable with No 1 northern at 42 48, No 2 Serriere 40 42, No southern 38 40. Antimony quoted 9 75c per pound. Zinc showed strength with spot East St Louis delivery bid at 8 85c and asking 9c.
MENTIONED IN THIS ARTICLE
New York
Northern
Southern
East St. Louis
Maxwell Motors
Miami Copper
Midvale Steel
Missouri Pacific
Montana Power
Nat. Enamelee
Nat Leader
N. Central
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Alliance Oe
Steel Springs
Burk Barnes-King Oil O
Ray Con
Bullwhacker
Typewriter
Butte Crude
Rep
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Butte-Jardine Eee
Butte-New York
Shattuck-Aziz
Crystal Copper
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Sloss
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East Butte
Stromberg
Gertie
Studebaker Co
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Legal Tender
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Trans. Oil
Mont. Oil and Re
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Neihart Silver Ae
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Roundup Oil & Gas
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Silver Bow Secur
Lauzier-Wolcott Co
Western Union
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Wilson & Co
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Hupp Motor Ee
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Barnett
Cosden
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Ae Veeat Co
Elk Basin
Aaree Ou
Adventure
Glenrock Federal
Algomah Eee
Metro Pete
All
Franklin Seeeee
Sapulpa
Greene-Cananea
Sequoah Tee
Wyandotte Eee
Bar Silver and London Market Rates Decline
Bar silver in New York closed at 1.31 dollars per ounce with Mexican dollars at 1 dollar. London reported 7 6 4 pence per ounce and a 3 percent money rate. Discount rates for short and three month bills stood at 5 percent.
MENTIONED IN THIS ARTICLE
NEW_ YORK
London
Wall Street Slumps As Money Rates Spur Declines
New York market faces setback with call money surging to 25 percent and 8 to 8.5 percent for short loans. Traders cite upcoming January payments and favorable bank statements as background as rail and metal shares show mixed performance. Total 1,225,000 shares traded. bonds steady on call. Also a Tacoma hotel lobby theft nets 500 in cash and 3,650 in bonds.
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New York
Bank of England
Paris
Shorts
United States Steel
Liberty
International
United States
Union machinists deny walkout at Great Northern shops
Spokane December 29 union machinists at Great Northern railway shops in Hillyard denied plans to quit work. Representatives of the union and the railroad said no walkout was contemplated despite dissatisfaction over back pay and timing of its availability. All workers were at their posts that forenoon.
MENTIONED IN THIS ARTICLE
Spokane
Great Northern Railway
Hillyard
Market Opens Mixed as Rates Jump and Copper Rises
Money started at 12 percent and rose to 25 percent before easing to 16 percent by close. Copper stocks stood out despite 25 percent money. Fed reserve board reportedly will raise discount rates on commercial paper. United States Rubber ads show footwear and machinery goods up 12 to 15 percent. Baltimore and Ohio president warns railroads may return to government control without higher rates, citing a 70 percent rise in operating costs since 1916. Stock exchange opened late due to subway congestion as copper demand grows and Anaconda and Inspiration gain interest.
MENTIONED IN THIS ARTICLE
Heilbronner Co
New York
United States
Sterling Exchange
Federal Reserve Board
United States Rubber Company
Willard
Baltimore & Ohio
Pauline Hall, Noted Light Opera Singer, Dies at 58
Pauline Hall, famed light opera singer with more than four decades on stage, died at her Yonkers home from pneumonia today. She had a prominent career spanning over 40 years.
MENTIONED IN THIS ARTICLE
Yonkers
N. Y
Pauline Hall
Livestock Prices and Receipts From Chicago Market
Chicago December 29 livestock report shows hogs receipts 62,000 with market active and higher. Prices for bulk hogs range 13.90 to 14.10 with top 14.20. sows and pigs mixed. Cattle receipts 28,000 with unsettled market. beef steers and butchers listed across weight classes. veal calves and feeder cattle priced. Sheep receipts 32,000 with market firm. lambs and ewes priced across several grades.
MENTIONED IN THIS ARTICLE
Chicago
South St. Paul Live Market Reports Dec 29
Hogs receipts 5000, prices 25 to 35 cents higher. Barrows and gilts ranged 13.50 to 13.75, bulk 13.60 to 13.70. Cattle receipts 3000, killers steady. Fat steers 6.25 to 17.50, cows and heifers 6.25 to 11.50, calves 5.50 to 15, stockers and feeders 5.12. Sheep receipts 4000, market steady. Lambs 7 to 17, wethers 8 to 11.25, ewes 4 to 9.25.
MENTIONED IN THIS ARTICLE
South ST. Paul
New York Financial Rates End of Year Trading
Mercantile paper 6 percent. Sterling demand 379, cables 380. Francs demand 10.70, cables 10.68. Guilders 37, cables 37%. Lire 13.15, cables 13.12. Marks 206, cables 208. Time loans strong across 60 90 days and 6 months at 8.8 percent. Call money strong with high 25 percent, low and ruling 12 percent, closing bid 20 percent, offered at 20 percent, last loan 20 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Liberty bond prices in New York at 2:55 p.m.
Liberty bonds quoted in New York as of 2 55 p m show 3s at 99 52 first 4s at 93 20 second 4s at 91 70 first 4 5s at 93 36 second 4s at 91 62 third 4s at 94 38 fourth 4s at 93 Ladies olr 3s at 99 22 Victory 4 at 99
MENTIONED IN THIS ARTICLE
Liberty
New York
Orr
Victory
Clash at Baalbek Syria Involves Arab Volunteers
A Cairo dispatch reports Arab and French forces clashed at Baalbek in Syria with heavy losses on both sides. The action occurred as Arab volunteer units and French detachments fought, marking a significant clash in the region.
MENTIONED IN THIS ARTICLE
Paris
Havas
Baalbek
Syria
Cairo
Sentence to jail for postmistress
Tacoma, Washington. Mrs. Anna M. Glenn, former postmistress at South Bend, was sentenced to 60 days in jail and a $2438 fine by Judge E. K. Cushman in federal court. Glenn pled guilty to embezzling U S funds, but her lawyers argued lax bookkeeping caused the acts. A 60 day stay of execution was granted for a petition for pardon to the President.
MENTIONED IN THIS ARTICLE
Tacoma
Wash
Anna M. Glenn
South Bend
E. K. Cushman
Glenn
United States
Wilson
Light of health through Radium belt promotion
A historical advertisement touts Radium and a Radio-Active Belt claimed to cure rheumatism neuritis neuralgia high blood pressure and many other ailments. It directs readers to write or visit agency locations in Butte Anaconda Twin Bridges and Salt Lake City to obtain literature and order by mail.
MENTIONED IN THIS ARTICLE
Butte
Anaconda
Twin Bridges
Woody-Doull Drug CO
Main Street
Butte City Drug Co
Twin Bridges Drug Co
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