Market Slides On Crop Worries And Steel Trade Signals
New York trading reflected crop prospects with broad weakness across stocks led by Canadian Pacific. European exchanges fell amid Moroccan issue fears and U S steel outlook improved slightly though textile sector retrenchment fears grew. Bond and commodity notes showed varied declines with widespread selling in high level equities. The wool market reported little activity with modest price stability across regions and quality tiers.
MENTIONED IN THIS ARTICLE
New York
Canadian Pacific
Hearian
Gay
Harriman
United States
Hic
United States Steel Corporation
South Carolina
Great Northern
Capitol and surplus DIRECTOR
John G. Morony and John D. Ryan lead a Capitol and surplus banking group with Marcus Daly C. C. Swinborne and R. A. Kunkel as officers. The roster lists President, Vice President, Cashier, Assistant Cashier, and other roles. The bank transacts a general banking business and issues letters of credit and drafts payable in the United States and foreign countries.
MENTIONED IN THIS ARTICLE
John G. Morony
John D. Ryan
Marcus Daly
C. C. Swinborne
R. A. Kunkel
John D Ryan
Swinbborne
Copper and metals wrap from New York inland market report
New York July 15 copper prices show weak spot for July to October at 12.15 to 12.25e with London dull. Futures around 56 ifs. Exports for the month reach 2.00 tons per Custom house. Lead and spelter prices noted with regional quotations in New York and London summaries.
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New York
London
Custom House
East St. Louis
St. Louis
Mercantile and financial rates in New York mercy market
New York July 5 prime mercantile paper 41 4 percent Sterling exchange steady with bankers bills 484.25 for 40 day bills and 4686 486.15 for demand commercial bills 183.60 Bar silver 62 3/4 Mexican dollars 45 Government and railroad bonds easier Morey on call steady 24.2 percent ruling rate offered 2 percent Time loans dull days 2 percent six months 31 9 7 3 5 percent
MENTIONED IN THIS ARTICLE
New York
Corn Market Surges on Board of Trade Trading
Kansas City July 5 amid wild board of trade action corn prices jumped in early trading gaining from 3%c to ic as about 1,000,100 bushels changed hands in 19 minutes. By 10 15 September corn stood at 6544 66%c and December at 4765%c with prices easing slightly.
MENTIONED IN THIS ARTICLE
Poston
Texas
California
Middle County
Kansas City
Kansas City Board of Trade
Grain Prices in Minneapolis July 5 Market Report
Wheat July 97c and September quoted. No. 1 hard $1.00, No. 1 northern 84% qc, No. 2 northern 4c, No. 3 wheat 96Bgc. Flax $2.0, Corn No. 3 yellow 65 64c, Oate No. 3 white 4 44itee, Rye No. 2 approx Me.
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Minneapolis
Lords Pass Lansdowne Amendment on Referendum for Bills
London July 5 the house of lords voted 253 to 46 to approve Lord Lansdowne s amendment requiring referendum before royal assent for bills affecting the crown Protestant succession or national parliament or powers. War Secretary Haldane said the government would not accept the amendment.
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London
House of Lords
Lord Lansdowne
Haldane
Maiden New Idea monoplane wrecks at Mineola field
In its first flight a $100,000 New Idea monoplane designed by Willis McCormick with twin revolving motors and twin propellers was wrecked beyond repair at Mineola aviation field. Pilot Arthur Steen was stunned and badly cut but survived. The machine showed speed but was unruly at turns and was toppled by a stiff wind from 50 feet up.
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New York
Mineola Aviation Field
Arthur Steen
Willis McCormick
Taft Proclaims Forest Land Reclassifications Across West
President Taft signed proclamations removing 151,739 acres from national forests in California Idaho Montana Nevada and South Dakota as better suited for agriculture, while adding 116,760 acres valuable to forestry. In the Sioux Forests of Montana and South Dakota 42,023 acres were eliminated and 9,700 added.
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Washington
Taft
California
Idaho
Montana
Nevada
South Dakota
Sioux
Emperor William sails for Norway on imperial yacht Hohenzollern
Kiel July 5 Emperor William departed for Norway aboard the imperial yacht Hohenzollern. The voyage was escorted by the German cruiser Kolberg and the Norwegian Stepner. He traveled with civilian companions including Alpine explorer Prof. Guessfeldt and marine painter Bohrdt.
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Kiel
Germany
Emperor William
Norway
Hohenzollern
Kolberg
Stepner
Paul Guessfeldt
Bohrdt
National Capital sitairs in brief
Washington July 5 Admiral Toge Victor in the battle of the Sea of Japan will board the battleship Florida nearing completion and arrives in New York Aug 9 as the guest of the nation. Rep Powers of Kentucky proposes fines and imprisonment for voter intimidation and a house commission to investigate elections. Dent reports dismissals over Day portrait voucher. Underwood calls Ways and Means to revise cotton tariff. House to elect senators directly. conferees named to work with Senate. Senate conference decide not to press daily vote on reciprocity. Maine caisson meets wreck expectations. delays due to staged exposure. Burleson introduces interstate commerce report on express vs railroad rates and governance.
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Toge
New York Navy Yard
Navy Yard
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New York
Congress
Representative Powers
Kentucky
Powers
House of Representatives
House
Representatives Rucker
Missouri
Conroy
Olmstead
Pennsylvania
Senate
Clark
Wyoming
Nelson
Minnesota
Bacon
Georgia
Chicago Markets Rally On Heat Affected Grains Turnover
Chicago markets rose as heat and drought from Oklahoma, Texas, and Missouri spurred demand for corn oats and wheat. September options fluctuated with tight cash offerings and firmer cash grades while concerns over dry conditions and yields intensified in Iowa North Dakota and Prussia.
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Chicago
Brouth
Bisc
Southwest
Oklahoma
Texas
Kansas
Missouri
Mississippi
Hitec
Iowa
North Dakota
Prussia
Russia
Siberia
Chicago Stockyards Ledger Shows Mixed Cattle and Hog Trades
Chicago markets report cattle receipts near 20 000 with steady tone. Heifers and cows command 2 55 to 5 90, calves up to 6, westerns 4 75 to 5 90, stockers 3 35 to 5 00. Hog receipts about 27 000 and dull to lower with barrows and gilts 6 30 to 6 85, good heavy 6 46 to 6 60, sows 6 75 to 8 89. Sheep receipts around 26 000 with prices not listed.
MENTIONED IN THIS ARTICLE
Chicago
Heeves
Texas
Barber Trade Course Opens With Free Tools in Eight Weeks
Moler System College in Spokane Washington advertises an eight week barber trade course with free tools and a free catalog. It notes over 14 000 positions for graduates last year and says graduates earned 15 to 95 dollars weekly.
MENTIONED IN THIS ARTICLE
Moler System College
Main Ave
Spokane
Wash
Moler Barber College
Nicolletave
Minneapolis
Minn
Livestock Price Report Summary
Native cattle at 10c lower were noted with prices for native and western cattle. Native lambs traded around 4257.40 dollars, western cattle quoted 4.75 to 7.40, yearlings listed at 34, wa 6.80, and overall values reached 3804.60 dollars for western totals.
MENTIONED IN THIS ARTICLE
Western
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Toppenish. Wash
Outfit Free
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Toppenish
Main
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Rock Creek
Bontta
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S. Main
T. V
Goodall Bros
Main St
Helena
Romabauer Assayeo
Assayere
Granite St
M. BH. Mayer
Assayer
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Box
BPP
Oechsil
W. Broadway
Bell
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Fast Broadway
Washington St
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R. M. Cobban
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Lima
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Broadway
Chalmers
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Butte Motor Cycle Garage
S. Dakota At
Price Butte Furniture Exchange
Standard Office
KE Broadway
Davidson Block
Montana St
Anaconda Barn
E. Park, Butte
Deer Lodge
J. D. Leminx
Care Standard
Shettuck Mercantile Co
Elliston
N. Main
MacRae & Solveson
W Park
Slemons & Booth Nwngotiath
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Butte Floral Co
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Illy W
Platinum Butte
Oce
Booth Butte
Hutte Land and Investment T Company
Putte
Colorafio St. Butte
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Slemong & Booth
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Krent
Colorado St
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Delaware
Excelsior
Park
B. IL and I. Co
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F. Boucher
Call Sherman & Reed
Rhode Island
Buff Orpington
Anconas
James A. Canty
W. Park Sr
Good Poultry Company
Patte
AL Gramlin
Florence Ave
Estrayed
Madison
W. Galena
Mattie Rutledge