Profit Warnings Spur Traders Eyeing Top of Market
Advices from technical traders urge profits taking as the market nears a top in foodstuffs and steels while motors oils and rails hold steadier. Dealers note copper lead zinc and silver shares leading, with rails and coppers bought, and a pending holiday pause. A Rye Patch silver mine near Lovelock Nevada enters reorganization for renewed production as mining activity grows in Winnemucca and Sun Shine district.
MENTIONED IN THIS ARTICLE
Prese
Heilbronner
Lauzier-Wolcott
Union Pacific
S0tern Pacific
Great Northern Preferred
Missouri Pacific
Atchison
Reading
New Haven
Anaconda
General Cigars
American Smelting
International Per
Broomhall
London
Great Britain
Australia
New York
Chicago
Humbolt Range
Lovelock
New
H. E. Clement
Amer Mining and Exploration Company
Salt Lake
Rye Patch
Winnemucca
Clement
Sunshine District
Eugene Tange
Barbour Canyon
Stocks Swing Between Gains And Losses In Uncertain Exchange
New York stocks opened strong then drifted into dull midseason trading with gains turning into net losses. No clear explanation emerged for the reversal amid rumors that authorities may issue another caution against excessive speculation. Buyers favored long positions in steel expansion, copper and metals, and easy call money rates. Oils and motors remained central to market activity.
MENTIONED IN THIS ARTICLE
York
Raumors
Federal Reserve Board
Fastest Transcontinental Train In The Business Man
The Canadian Pacific launches the first Transcontinental Express, Montreal to Vancouver, in under four days. The 93 hour 30 minute eastbound and 92 hour 15 minute westbound runs include 69 sleeping cars, 6 compartments, 16 liners, and 24 locomotives, with a $6 million equipment value. More than half of passengers hail from New York Boston and Philadelphia, with many heading to Banff Lake Louise and points west.
MENTIONED IN THIS ARTICLE
Windsor St
Montreal
Vancouver
New York
Philadelphia
Boston
Banff
Lake “Ollis
Chicago markets grain and provisions
Chicago July 17 foreign exchange demoralization and labor troubles caused breaks in the hog market and failed weather forecasts, bringing material setbacks to corn values. September price weakened to 162 1 2 to 163 1 4, oats pressured by the same conditions depressing the market for cereals and exports.
MENTIONED IN THIS ARTICLE
Chicago
Prise
Sistis
London
United States
Livestock Prices and Receipts From Omaha Hog Market
Livestock news from Omaha dated July 17 reports hogs with receipts around two thousand. heavy packing sows and rough weights listed, with prices near $21. Feeder cattle and steers show varied values, lighter demand on cows and calves, and feeder steers priced around several dollars per hundredweight. overall tone notes mixed demand and fluctuating weights in the daily market.
MENTIONED IN THIS ARTICLE
Omanta
Omaha
Market notes and receipts from Seattle and Minneapolis
Receipts show sheep 258 no cattle or hogs in Seattle market. Yearling wethers priced at 11.45 to 50 with ewes at 1.75 for medium and choice and culls at 3.15 to 8.10. Minneapolis grain quotes July 11 report wheat steady at 1.87 for No 1 northern. Copper and other metal prices cited. London bar silver at 544d per ounce.
MENTIONED IN THIS ARTICLE
Seattle
the Standard
Minneapolis
London
New Tree Planting Tool Claims Double Work Output
An inventor introduces a new tree planting tool claiming it will perform as much work as twice the capacity of existing implements. The maker asserts efficiency gains for labor and farming operations, positioning the device as a breakthrough in planting productivity.
Barnes King Development declares 20000 dividend set for Aug 15
The Barnes King Development company announced a dividend of 5 cents per share on 400,000 shares totaling 20000, payable August 15 to stockholders of record July 25. Management cites conservatism to retain at least 100000 in treasury due to potential costs from the Lilo Bullion property option and development needs. Transfer agent is W B Roll of 506 Hennessy Building, Butte. Money Market news notes steady call money and unchanged rates.
MENTIONED IN THIS ARTICLE
Barnes-King Development Company
Judith Mountains
Treasury
W. B. Roll
Hennessy Building
Butte
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Bia
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Imperial
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Daly
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Oh So Ag
Doug Farrell
North Franklin
Becher
NEW York Exchange
Briggs
Ctuat
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Was. Ger
Ace
Andy
Draeeg
America
Canadian Pacific
Laugier-Wolcott ‘Company
Josin Allis-Chalmers
American Caan
Piros Or
Sation
Monten
Jes
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Beth
Superior
Cat Petrol
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Boy Colorado Fuel van
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Re & West
Yrihern Paci
Pei
PelBtansylvania
Utah
Montana Power
Festern
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Ain
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Heilbronner Company
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Butte & i
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Montani
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Aly
Nevada
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New Cornelia
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East Beead
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Montana
Ston
Lauzier-Wolcott Company
Om Wires of
Maine
Aloe
Tse
Ony
Tana
Suny
Barnes-King
Fiders
Saat
Yegen
Butte E
Jas
Finden
Silver Bow National Bank
Ghieman
Daly Bank and ‘Trust Company of
Butte ’ Incorporated
Marles
Kelly Sound
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Swinborne
W. Place
C. Ray
W. A. Clark
Ross Clark
W.a.clark & Bro
First National Bank
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