Wheat market slips on harvest pressure and rust rumors
The wheat market closed weak as harvest arrivals grew and hedging intensified, with September and December futures down while corn and oats fluctuated. Commerce noted rust gossip from Canada and optimistic North Dakota crop estimates, offset by profit-taking and liberal bids from Illinois markets. Cash quotes listed No 2 hard wheat at 1.02 to 1.03 dollars, with nearby futures around 1.00.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Illinois
Canada
Kansas
North Dakota
Minneapolis
The
Wall Street Posts Broad Gains Amid Profit-Taking Pause
New York stock activity held near day highs with broad demand across industrials and rail issues. Bear traders shifted toward bulls as many offerings found buyers and key names like Mack Truck, Otis Elevator, and American Car posted notable gains while call money held at 5 percent and foreign exchange showed a mark devaluation.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Commission House
Chesapeake & Ohio
Chicago
Eastern Illinois
International
Great Northern
Illinois Central
Reading
Union Pacific
Rock Island
Baldwin
Studebaker
United States Steel
American
Stewart- Warner
Mack Truck First
Pierce Oil
Otis Elevator
American Car
General Asphalt
American Busch
National Lead
Crucible Preferred
Associated Oil
Time Money
Price Averages Are Some Higher
Prices averaged higher with general market strength and increased turnover. Foreign developments buoy investment appetite, especially in bonds, while oil stocks hold firm despite price cuts. Southern Railway orders 74,000 tons of steel rails for about 400 miles. four leading chain stores report a 20 percent first-half sales rise to 4.141 billion dollars. Gulf Steel shows 3.61 a share earnings after tax for quarter. US oil production hits record 2.238 million barrels daily in mid July. Continental Can reports first six months 1923 volume up 40 percent year over year.
MENTIONED IN THIS ARTICLE
Wolcott Company
Southern Railway
Woolworth
Kresge
Kress and
McCrory
Gulf Steel
United States
Continental Can
Ladys Belle O & R Ae
Glenrock Wyo
Great West
Mont
Hager Stevenson
Homestake
Louis Oil
Canadian Ae
Pete
Stellar Oil
Stevenson Re
Tri-City Oil
An Duzen
Weowna
West States
E. T. Williams
Wyo
NEW York Curb. Co
Tauster-renee
Arizona Globe
Butte & Western
Calumet & Jerome
Cresson Ee
Eureka Es
Hollinger Esa
Owe Sound
Ovin Senee Econ
Kerr Lake
Mason Valley
Porcupine Ae
Nipissing
Aeee Ohio Copper
Ray-Hercules
Simons A
Success Wena
Teck Hughes Ee
Tuolumne Teem
United Eastern
United Verde
Wayne Coal
Boston Coppers
Lauzier-Wolcott Co
Ahmeek
al Omah Senwe A
Allouez Anes
Arizona Com
Hbh
Texas Pacific Coal and Oil
Texas Comany
Tennessee
M.o
Union Pacific
D States
United Retail
Utah Copper
Virginia-Carolina Chemical
New York Stock Exchange
W. Close
Liberty
Liberty First
Liberty Third
Liberty Fourth
United States Government
Seel
Dominion of Canada
French Republic
Kingdom of Belgium
Kingdom of Norway
Republic of Hile
Wate
Queensland
A . King
Great Britain and Ireland
Amer Telephone and Telegraph
Aimer Telephone and Telegraph
Atchison & Santa Fe General
Baltimore & Ohio
Canadian Pacific
Chicago, Burlington & Quincy
Chicago, Milwaukee & St Paul
Chile
Cgioodyear Tire
Great Northern
Montana Power
al Saviete Beh
Northern Pacific
Northwestern Bell Telephone
Eeree Etree
Pacific Gas and Electricvheee
Pennsylvania Railroad
Os Eter
Sinclair Consolidated Oj General Coll Eet Eaee Ag
Southern Pacific A
Eee
1922 Period Earnings Seen for No Par Common Stock
The report notes that for the same period in 1922 the company is expected to earn about $194 per share on its no par common stock, indicating strong earnings potential.
Sugar Prices Steady After Refiners Cut In New York
Refined sugar held at 8.35 to meet competition while demand was softer than expected. Other refiners listed at 8.75 with futures nominal. September 5.04 December 4.45 March 3.45 May 3.51. About 13 500 tons traded as prices firmed on the day.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Bar Silver Prices in New York July 20 Itemized
July 20 bar silver quoted at 63 cents per ounce Mexican dollars 48 N and New York bar silver at 30 15 16 pence per ounce Money 1% per cent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Meptal Market Copper and Antimony Prices Reported
Meptal Market New York July 20 copper electrolytic spot and futures quoted firm with spot near $39.37 and futures at $29.25. Iron prices steady at spot and nearby 6 to 10 cents East St. Louis. Antimony spot quoted at 6.85 to 6.90 cents.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
East St. Louis
Foreign exchange rates from New York July report
Irregular quotations in cents list demand and cable rates for major currencies including Great Britain France Italy Belgium Germany and Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Austria Argentina Brazil and Montreal with specific bid figures and percent terms.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Austria
Argentina
Brazil
Montreal
London metal prices drift on spot and futures quotes
Associated Press reports London quotations for copper and tin with spot and futures prices. Copper spot 66 pounds, futures 66 pounds 15 shillings. Tin spot 183 pounds 5 shillings, futures 184 pounds. Lead 24 pounds 10?8 pence spot, futures 24 pounds. Zinc 29 pounds 15s spot, futures 29 pounds 12s 6d.
MENTIONED IN THIS ARTICLE
The
Associated Press
London
Also Mentioned on This Page
NEW York Money
Call Money
Lauzier-Wolcott Company
Atchison Ee
Allis-Chalmers Mfg. Co
American Car and Foundry
American International Corporation
Ory
American Sumatra
American Agrica Tobacco
Atlantic Gulf Nicholls
Baltimore
Brooklyn
Butte & Superior
Butte Cop
Milwaukee
St. Paul
Senor
Chesapeake Ohio
California
Erred
Motor Ener
Cananea
Houston
Harvester Teen International Marine Common
Invincible
Ansas City
Kelly-Sprinfield
Kennecott É
Louisville &Rushveee Ererieseses
Ame Locomotive
See
Tire
Missouri
Texas
Paci
Maxwell Motor
Marland
Mexican
Lew Haven
Norfolk
Nortern Pacific
National Enamel
National
Sevada
Bt Pacific
Pennsylvania
Vierce O Railway
Pierce-Arrow
American Bane
Oa Oa
Republic Iron and Stee
Sears-Roebuck
Seneca Copper
Southern Pacific
Udebaker Evres
Ons Steel
Butte
West Park ST
Montaeal Oil “56” Petroleum
Troy
Sweetgrass
Douglas Mining
Weowna Refining
Montana Life Insurance
Fargo Oil
Alaska
Montana
Sweetgrass U
Tuolumne Butte
Sunburst Oil & Gas
West Side Butte Mining
Tarbox Mining
Spokane
B . Anaconds
Missoula
Board of Trade
Ane and
Galt Lake Stock le
Osceola
Quincy Shannon Ee
South Lake Sneer
St. Mary Ee
Ahn
Lg Superior Superior
Boston
Trinity Tuolumne
U S. Smelt. Com
Utah
Utah Apex
Utah Metals
Victoria
Winona
Butte & Monson
Butte-New York
Barnes-Kin
Ontana
Canada Copper
Chief
Sane
Crysta
Eureka
Etree
Gadsden
Ener
Holton
MacKinley
Nixon
Oneco Ohio Copper
Ewer
Miami
Unitea Verde
Mpetais
By al Posen
Cavemer
First National Bank OF
Metals Bank and Trust CO
Butte, Montana
Pormerly
Bent Bank - Ae Co
General Banking
W. A. Clark
J. Ross Clark
W. A. Clark & Bro. Bankers
Wasser Phases
J. K. Heslet
BE. J. Barker
Terest
Sexes Safety Deposit V.m
Butte-Anaconda
Lamb
Galena Butte
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