Grain markets rally on end to eastbound ship stoppage
Prospects that eastbound grain shipments will resume buoyed corn prices in Chicago trade. May corn at 1.355 to 1.855, July 1.83 to 1.38, with mixed belts and oats following the upturn. Provisions fluctuated, hogs weak, cash grain highlights: No. 3 yellow corn 1.55 to 1.56, oats 0.864 to 0.88, rye 1.70, barley 1.32 to 1.54, butter steady, eggs higher, poultry rallying.
MENTIONED IN THIS ARTICLE
Chicago
Federal Reserve
Stock market treads through higher discount fears
New York stocks opened weaker as higher Federal Reserve rediscount rates unsettled traders while some issues recovered later. Crucible Steel led gains, General Motors fell, rails stayed flat, and oils and metals steadied amid trading of Liberty bonds and large volumes.
MENTIONED IN THIS ARTICLE
New York
Maurelmt
Federal Reserve Bank
Crucible Steel
General Motors
Liberty
Victory
United States
Minneapolis grain prices and movement report
Wheat receipts 250 cars versus 292 last year. Cash No 1 northern 2.85 to 2.95. Corn No 3 yellow 1.43 to 1.45. Oats No 3 white 0.82 to 0.84. Flax 5.20 to 5.30. Flour unchanged. Shipments 56 007 barrels. Barley 1.18 to 1.45. Rye 0.96 to 1.66. Bran 0.43.
MENTIONED IN THIS ARTICLE
Minneapolis
Livestock Market Reports From Chicago and South St Paul
Chicago and South St Paul markets show steady to lower animal prices on Jan 23. Hogs receipts around 40,000 in Chicago with bulk buyers paying 15.10 to 15.40, sows 14.35 to 14.75, pigs 13.75 to 14.75. cattle receipts 10,000 with varied beef steer quotes up to 18.50 and cows 6.75 to 13. sheep receipts 11,000 with lambs 18.25 to 20.50 and ewes 5 to 12.50. In South St Paul hogs 30c lower, range 14.90 to 15.10, cattle and calves steady to higher, fat steers 6.50 to 17.50, calves 6.75 to 18, stockers 5 to 12.50. sheep 2,500 with lambs 7 to 18.50, wethers 9 to 11.25, ewes 5 to 10.75.
MENTIONED IN THIS ARTICLE
New York
Heilbronner_ Company
Lauzier-Wolcott Company
Cinge
Alaska
Guilt & W
Algomah
Allone
Arizona
Butte & Ballaklava
Calumet
Calumet & Hecla
Sumatra
Daly-West
Davis-Daly
Int
Corp
Franklin O
Allis-Chalmers
Hancock
Indiana
Kerr Lake
la Salle Wee
Shannon
South Lake
St. Mary
Woo
St. P
Superior
Boston
Chandler
Trinity
Chile
China Copper Cove
U. S
Colorado
Utah Apex
Utah Metals
Crucible Steel Tee
Victoria Rr
Columbia Hom
Wolverine
Alif
Wyandotte
Cerro de Pasco
Columbus Gas
R. G
Erie
General Electric
General Motors
Greene-Cananea
G. N
General Cigars
Osee
Goodrich
Gulf States Steel
Une
Haskell & Barker
Hou Hide and Caeenee
Ogroo H
Interborough
Independent Steel
Loo
Jewell Tea
Kennecott Copper
Kelly-Springto
Keystone Tire
Lackawanna
Lee Tire
Petroleum A
Maxwell Motors
Miami Copper
Steel
Midvale Axe
Missouri Pacific
Montana Power
Nat
Nevada
Cabes
Y Central
Lowe
Northern Pacific
Nova Scotia Steel
Nat Biscott
Ohio Cities Gas
Pacific Gas Tenner
Pan-Am Pet
Pennsylvania
People’s Gas
Pierce-Arrow
Pittsburg
Pond Creek
Teading
Tron and
Leo Motor True
Ariz
Sinclair Ol
Soo Sloss -Sheffield
Southern Pacific
Southern 216
Railway
Stromberg Carbet
Studebaker Co
Wes Stutz Motor
Superior Steel
Tennessee Coopper
Texas Co
Texas & Pacific Ac
Union Pacific
United Alloy
Goo Hi H
Willys-Overlandly
Worthington Pump Byott
Chicago
South ST. Paul
New York Currency Rates and Money Market Update
On January 23 in New York Mercantile rate for sterling demand stood at 3.62, cables 3.64. Francs demand 1.196, cables 1.194. Belgian francs demand 1.204, cables 1.202. Guilders demand 0.375, cables 0.375. Lire demand 1.408, cables 1.406. Marks demand 1.40, cables 1.42. Time loans firm for all dates at 7 percent. Call money easy with high 8 percent, low 6 percent. closing bid 7 percent, offered at and last loan 8 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile
High Interest Rates Prompt Lenders to Extend Accommodations
The Hellbronner Company notes more money leaving markets as call money rates rise. Goodrich Rubber plans to retire 11,890 shares of preferred stock by July 1. A 6 percent rate hike on commercial paper signals bearishness on commodities and hints at broader inflation concerns. London reports recognition of Armenia's de facto independence. Copper and electro metals move with spot and futures quoted, while lead falls.
MENTIONED IN THIS ARTICLE
Hellbronnerr Company
Goodrich Rubber Corporation
Scratch Gravel Company plans on reorganization
Reorganization of the Scratch Gravel Mining company, owner of gold bearing properties near Helena, is discussed at the annual stockholders meeting in Helena on February 16. A plan would move the principal office to Spokane, elect a new board, raise capital from 1 million to 1.5 million dollars, and resume development after reorganization.
MENTIONED IN THIS ARTICLE
Helena
Northwest Mining Truth of
Spokane
Washington
John I’. Davies
Interstate Utilities Company
Idaho
Montana
John MacGinniss
New York
Hugh J. Wilson
Butte
Leigh Nicholls
L. W. Baker
William A. Nicholls
Col. W. R. Abercrombie
Mississippi
United States Army
Charles McKinnis
Caledonia Mining Company
Wallace
Thaddeus S. Lane
Spokane Chamber of Commerce
Sidney Norman
Northwest Mining Truth
United States Mint
Thomas B. Miller
Mont
New York Metal Markets Show Mixed Movements
Copper stays steady with electrolytic spot and first quarter at 19 9e, second quarter at 19 9e. Iron firm. Antimony at ile. Lead quiet with February at 8.50 8 7iec. Zinc firmer with Hast St. Louis spot at 9.10 9.25e.
MENTIONED IN THIS ARTICLE
New York
St. Louis
Liberty bond prices reported in New York market
Liberty bond market report from New York at 2 55 p m lists prices for several issues. First 4s at 90 80 second 4s at 62 first 445 at 92 26 second 445 at 50 90 third 414s at 93 20 fourth 414s at 91 10 Victory 3s at 98 28 Victory 41s at 98 36.
MENTIONED IN THIS ARTICLE
Liberty
New York
Victory
Bar silver and Mexican dollar rates in London and New York
Bar silver in New York at £1.42 and Mexican dollars $1.00. London bar silver at 79 1/2 percent per ounce with money and discount unchanged.
MENTIONED IN THIS ARTICLE
New York
London
Northwest mining pioneer Si Donnelly dead in Spokane
Simon Peter Donnelly known as Si dies at Sacred Heart hospital Spokane after a weeklong illness. A veteran Northwest mining figure from San Francisco born June 11 1860 he helped develop Coeur d Alenes Wallace Chloride Lakeview and the Bunker Hill district. He served as Shoshone county sheriff 1892 state senator 1896 1904 Idaho democratic national committeeman 1904 1912 and state party chairman. His last national appearance was in 1912 supporting Champ Clark.
MENTIONED IN THIS ARTICLE
S. P. Donnelly
Sacred Heart Hospital
Spokane
West
Donnelly
Northwest
Northwest Mining Truth
Montana
Idaho
Washington
Simon Peter Donnelly
San Francisco
Coeur d’Alenes
Pritchard
Eagle City
John
Donnelly Brothers
Thompson Falls
Bunker Hill & Sullivan
Bunker Hill
Wallace
Weber
Chloride Camp
Pend d'Oreille Lake
Shoshone County
Lakeview
Kootenai County
Baltimore
Champ Clark
Horoscope Foretells Prosperity and Changes in Govt and Business
Friendly stars govern the day with auspicious aspects for signing bills and contracts. Diplomacy improves, newspapers may benefit, postal service shows signs of change, and the chief executive may see welcome messages. Labor unrest persists, but new industrial partnerships could form. Business looks fairly successful with notable personal experiences ahead.
MENTIONED IN THIS ARTICLE
Mercury
Sun
United States
Japanese Premier Hara Outlines China Russia Policy
Washington January 23 Premier Hara told the Japanese diet that among the great world questions China and Russia occupy the foremost place. He outlined Japan's policies toward Russia and China as a guiding framework for international concerns.
MENTIONED IN THIS ARTICLE
China
Russia
Washington
Japan
Hara
Contempt Charge In New Complaint Against Mining Firm
A Helena federal judge issues an order directing Butte and Superior Mining Co to show cause why it should not be punished for contempt. Hearings set for February 10, stemming from Minerals Separation Co's suit alleging continued use of a patented process in violation of a 1919 injunction. The case has moved through the Supreme Court and state courts with injunctions and patent ownership upheld.
MENTIONED IN THIS ARTICLE
Butte & Superior Mining Company
Helena
George M. Bourquin
Butte & Superior Company
Minerals Separation Company
Supreme Court of the United States
Court of Appeals
Federal Court of
Montana
Henry D. Williams
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Esch
Cummins
Statistical Department
Butte, Mont
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Jas. T. Finlen
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Maguire
B. S. Fitzgerald MO
J. Burke
Zephin Job H D. Blair
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Alex J Johnston
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of Butte
Federal Reserve System
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J. & Dutton
D. EB. Stephenson
George A. Hill
Andrew J. Davis Jr
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Cashier