Reflects liquidation hits market amid selling pressure
The market opened with a broad selling wave, dragging prices across copper heavy industries and rails. Steel names led declines as coppers held firmer, amid margins concerns and rumblings over railroad contract terms, with lingering anxieties about front line developments and the general trade outlook.
MENTIONED IN THIS ARTICLE
New York
New York Dispatch
Heilbronner
Baldwin
Crucible
Lackaswana
Republic
Hebichem Steel
Mexican Petroleum
Atlantic Gulf
Falla
Reading
Rock Island
Laurier-Wolcott Company
Bankers seek federal aid hit New York stocks
In New York today July 11 stocks faced heavy liquidation as reports claimed that key equipment and munition firms sought federal financial help. The Bethlehem Steel note syndicate asked the War Finance Corporation for 20 million, pressuring market sectors especially United States Steel which fell sharply while other groups eased. Total trading reached 3.175 million par value with United States Steel and old United States 4s most affected.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
War Finance Corporation
United States Steel
Ralle
Bank of England
United States
Chicago Markets Grain and Provisions Pulse Prices Rise
Chicago markets report record grain prices for the season with strong closes and gains across corn and wheat. August corn reaches 1.69 and September 1.89 while oats and provisions advance. Canadian mills buying white corn push top grades to 2.15 a bushel amid renewed use of substitutes and sharp competition among buyers.
MENTIONED IN THIS ARTICLE
Chicago
Toto
New York Stock Quotations and Livestock Report Summary
Eastern shipping and weekly crop notes point to rain and warmer weather. Bullish sentiment stems from government reports with oats and grains showing modest gains. Wheat No 2 red at 2.30, corn No 2 yellow 1.85, oats white 1.80. Hog receipts 32,000, prices up to 17.50. cattle receipts 2,000, beef cattle 16.65 to 18.10. sheep 15,000 noted steady to lower.
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Butte
Alameda
Bie Creek
Borton & Onitana
Hoston-Wyoming
Detroit
Highlan
Mizpah
Montana
North Butte
Bannncik
Dom OM Borys
Ramsey
Ray Hercules
Reindeer Queens OK
Richmond
Buccons
Sécura
Spokane
Lauzier-Wolcott Company
Alamedatt
Ambergris Amercan
Ly Bulger Caledonia Ae ‘Arbonave
King 4A
Constitution
Dour
Rational Gonner Emerson
Beraten
Moston
Heubroner Company
New York
Aaventure
Hellbranner Company
Rhee
Asipa
Omak
Arizona Bingham
Rifones i
Austin
Amagon
Arizona
Ledme
Calumet
Alu
Hancock & Ou
Caledonia
Indiana
Ferome
Lake Copper
Son of
Bass
Contoe
Chevrolet
Mohawie Co
Mayon Valley
Davie
St Mary's
Boston
South Lake
Ran
Utah i
Hollinger
Swit
Howe Cound
Houston
Utah
Apex
United Fru
Wolverine
Winona
Jerome Verda
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Kewanon
Hellbronner Company
Bingham
Hougato
Asae Majentic
Bre
Nevada
Deugsias
Miami
Ita
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Lahoma Prod
Okmulgee Fy
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Trianele Oy
Temisk
Tonopah
Za ‘de
United ‘de
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West End
Fum Sees
Canada
Seaboard
Saca
United States Bureau of Markets
Chicago
Money Market Roundup From New York July 1
Mercantile paper four months at 6 percent and six months at 6 percent. Bills 60 day at 4 7 1 6 percent. Demand and cables show 4 7 8 1 1 6 percent. Francs demand 6 1 1 percent. Lire demand 8 8 2 cables 8 8 0. Time loans firm 60 days at 5 percent. six months 6 percent. Call money high 6 percent low 8 percent. ruling rate 6 percent. Closing bid 5 3 4 percent. last loan 6 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Portland Livestock and Butter Prices July Report
Portland livestock receipts include cattle at mixed quality levels with steer and cow prices listed, sheep market higher with mountain and valley lambs noted, yearlings and wethers pricing given. Butter and cheese figures from Chicago show market rise with creamery butter at 88 and other dairy prices and case counts.
MENTIONED IN THIS ARTICLE
Portland Livestock
Portland
Ore
Chicago
Forest Timber Sale Sealed Bids Opened by Forest Supervisor
Sealed bids for a timber sale in the Anaconda district Montana will be received by the Forest Supervisor up to August 12. The area covers about 20 acres in Section 4 with lodgepole pine and other species. Bid rates list prices per linear foot for logs and per cord for cordwood. a $200 deposit required. right to reject bids reserved. Public notice also includes a separate alimony-like statement from Rollo McDonald.
MENTIONED IN THIS ARTICLE
National Forest
Thuber
Forest
Norm Bork
Punt Creak
Altsnoula 'N
Montana
Alameter
Naconda
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