New York Stock Market Opens With Violent Rushes to Buy
The day’s action shows a readjustment of prices rather than recovery. Uncovered shorts faced pressure as London prices led early gains and aggressive buying reduced the earlier widespread selling. A receiver was appointed for Columbus and Hocking Coal and Iron pushing its price down to 13, bonds remained firm with total sales at 3,289,000 par.
MENTIONED IN THIS ARTICLE
New York
London
Uncovered Shorts
Columbus & Hocking Coal and Iron
United States
Financial Stock Table Shows Mixed U S Industry Teases
A pasting of stock quotes lists vast companies such as American Telephone and Telegraph and General Electric, noting various preferred shares and percent yields. Prominent firms include Bethlehem Steel, Carnegie, and Union Pacific with multiple preferred issues and bond references, reflecting a bustling market snapshot.
Copper and metals markets steady in New York and London
New York and London metal markets showed firmness and small gains. Copper spot and April deliveries closed around 13.16 for copper cents, while London copper futures hovered near £61. Commodities in New York included lake copper at 13.62 13.75 cents, electrolytic at 13.50 13.62 cents, and casting at 15.25 13.00 cents. Exports reached 645 tons, with 22,8385 shipped so far this month. arrivals at New York port were 2,095 tons. Lead remained soft with New York spot about 4.60 to 4.70 cents. spelter weak at 6.05 to 6.2 cents locally and 4.874 to 5.92 cents at East St. Louis. London quotes reflected slight firmness for copper and unchanged for spelter.
MENTIONED IN THIS ARTICLE
New York
New York Metal Exchange
London
East St. Louis
Market Summary from New York Trading Floor
New York closes with prime mercantile paper at 6 percent and 44 percent. Sterling steady with bankers' bills 483.75 to 483.85 for 69 days and 486.5 for demand. Commercial bills 483.44. Bar silver at 52 4. Mexican dollars 44 cents. Government bonds steady, railroads strong. Money on call easier at 2.4 to 2.5 percent. ruling rate 3 percent. Time loans soft and dull 60 days 2 1/2 percent, 90 days 3 3/4 percent, six months 4 1/4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Pennsylvania company declares stock dividend and 12 percent allotment
The directors of the Pennsylvania company operating lines west of Pittsburg declare a dividend of 16 2 3 dollars per share payable in stock. Directors of the Pittsburg Cincinnati Chicago and St Louis Railroad announce a stock allotment of 12 percent.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania Company
Pennsylvania
Pittsburg
Cincinnati
Chicago & St. Louis
Wool auction in London buyers push prices higher
London January 26 wool auction sales offered 14,963 bales mainly merinos. Continental and home buyers showed keen demand and prices rose with greasies at 1s 6d. Crossbreds sold fast to home spinners and Americans at full rates.
MENTIONED IN THIS ARTICLE
London
Chicago Markets Wheat Leads Gains In Nervous Trading
Wheat showed a net gain amid volatile fluctuations in Chicago futures on January 26, with May active and finishing strong. Corn and oats declined from firm opens, trading within narrow ranges and closing lower. Provisions also closed higher across pork, lard, and ride contracts, with rye and barley quoted and timothy and clover prices listed for March.
MENTIONED IN THIS ARTICLE
Chicago
Timothy
Chicago Cattle and Hogs Prices Senior Market Snapshot
Cattle receipts about 19,000 with market steady to lower Reeves quotes at 4 7.4 for Texas steers and 4.75 to 1.50 for western types. Hogs receipts around 28,000 with markets about 10 cents lower, light and mixed trades near 7.85 to 8.30, good to choice heavy around 8.10 to 8.30. Sheep receipts roughly 18,100 with native and western lambs and yearlings priced between 3.90 and 7.75, western lambs around 6.40 to 5.40.
MENTIONED IN THIS ARTICLE
Chicago
Reeves
Texas
Seeds of Montana larch are wanted in Germany
Special Dispatch to the Standard from Kalispell reports larch seeds from Flathead county forests will be gathered next fall for shipment to Germany where nursery stock is in demand. H. A. Brickhouse of Dayton, a nurseryman, received circulars from a German nursery company seeking seeds true to name and offering a liberal price.
MENTIONED IN THIS ARTICLE
Standard
Kalispell
Flathead County
Germany
H. A. Brickhouse
Dayton
Brickhouse
M. J. Elrod
University of Montana
Widespread Help Wanted and Local Trades Advertised
Various employment and business notices appear including cooks, printers, bookkeepers, bakers, and sales roles in Butte, Anaconda, and other Montana towns. Also listings for furniture buyers, egg suppliers, lodging houses for sale, and a seed collecting expedition note seeking larch seeds in October with an expert from the University of Montana.
Mrs Catherine Richter Dies at 84 in Bozeman
Special Dispatch reports Mrs Catherine Richter aged 84 and 7 months died in Bozeman after several months visiting her daughter Mrs O J Gray. She planned to return to Rochester Minnesota when struck by paresis. A native of Ireland, she leaves sons J W Richter of Minneapolis and E B Richter of Owatonna Minnesota, and daughter in Bozeman. Remains shipped to Rochester for interment.
MENTIONED IN THIS ARTICLE
The
Standard
Bozeman
Catherine Richter
O. J.gray
Rochester
Minn
Minneapolis
EB. W. Richter
Owatonna
President nominates Elwell for Olympia receiver post
Washington January 26 The president sent to the senate the nomination of Robert W Elwell of Olympia Washington to be receiver of public moneys at Olympia Washington.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robert W. Elwell
Olympia
Wash
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Butte Banks
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Butte
E Renee
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Steeed Techy
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Ohn
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C. Swinborne
E A, Kunkel
Europe
Alex. J. Johnston
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Main
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Biao‘eos
Ee S. Lar
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Latgey
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Ed Hickey
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S. Com
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GOS
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Superior
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Yuma Aeaeee
Rid
Butte & London
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Con
Victoria Ween
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Gould & Curry Consolidated
Virginia
Savage
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Belcher
Sierra Nevada
Union
Semrane
Potosi
Metal Market
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Chicago Livestock
Moler System College
Front Ave
Spokane
Parson's
Cookta
W. Park
William Coleman
Deer Lodge
Moser Barber College
Commercial St
Salt Lake City
Utah
Walier
Granite
Graham, Montana
Anaconda
ALBC
Bell
P. Hall
Jurnitarie
Butte Fur. Exchange
James Tallack
Bennett St
Walkerville
East Park Street
Hastern Manufacturers’ Co
Port- Janse
Ore
New York Supply Co
Great Falls
M. Goodman
ODS
Belgrade Cash
Belgrade
West Park
Heeee Madam Guy
Oregon Avenue
Curtis and Majors Streets
Gallatin Addition
Slemons & Booth
Washington and
Platinum
Brunswick-Balke-Collender Co
Arizona Butte
Rhode Island
James A. Canty
Owsley Block
Hand Butte Machinery Company
Powers
Arthur Cutting
Bozeman, Mont
Feldman
P. O
KE. G
Care Standard
Missoula
E. _ Broadway
Fourth St
Montana Auto Service Co
Utah Ave
Toboggan Ave
Maryland Avenue
Excelsior, Butte
Galena
McRae & Solveson
Silver Bow
Simon Bank
Bailey JL. & R. Co
Wilson & Smith CO
E. Park
Silver Bow Block
A. Birthright
Birthright
Adelaide
W. Broadway
Peking Noodle Parlors
West
Granite Street
Putte
W. Aluminum
Standard Office
Oechsli
Ind
Butte Stove Repair CO
Lind & Murray
Caledonia
Inquire
W. Parker
W. Woolman
N. Excelsior
S. Excelsior
Phoenix Building
Lexington Block
W. Galena
West Quartz
Main Street
Napton Block
Mercury
Albemarle Elk
W. Granits, Butte
Baltimore
Rogers
West Copper
South Main
South
Lexington
W. Galenast
Maryland
W. Excelsior
Wellcome & Peckover Co
Crystal
Cherry Street
Chestnut, Anaconda
Canline Theteet Intinetinctinetiatiied
Indiaaditia Dinette
Iain Teteedanemetic Nasak
Park Ave
W. Fourth
Union Block
Wellcome & Peckover
John McInerney
Welch & Harrington, W. Granite
DAO Lewis &Walker
N. Wyo
Ae Thomas Buggy
N. Main St
Rombauer CO
Medical
MRA
Walmer
Grand Avenue and
Hamilton