Wheat market setback as rust fears ease and prices fall
Chicago July 26. Wheat slumped after federal reserve notes downplayed rust risk for the spring crop. Opening prices fell 6 to 4 cents, December at 2.51 2.52, March 2.55 2.56, with further declines as excellent weather and ample receipts weighed on oats, corn and hogs. Cash quotes show No. 1 red wheat at 2.80 2.83 and corn No. 2 mixed at 1.51 1.52, with overall market weakness closing 7 to 8 cents lower.
MENTIONED IN THIS ARTICLE
Chicago
Federal Reserve
Livestock Market Report From Chicago Opens Slow
Cattle receipts 15000. Market slow with poor quality. best yearling handy weight steers and good butcher cows steady, others lower. Hogs receipts 42000. open 25c lower, bids 15.19 to 16.10 for light and light butchers, sows 13.75 to 14.10. Sheep receipts 28000. market slow, lambs 14 to 15.50, native lambs varied, quality fair.
MENTIONED IN THIS ARTICLE
Chicago
Spokane Market Trends for Livestock Receipts
Spokane reports July 26 market activity with cattle, hogs, and sheep. Hogs receipts 243. prime mixed 17.17. medium mixed 16.50 to 17. heavy 14.75 to 15.25. stockers 2.50 to 15.50. Cattle receipts 78. prime steers 19.50 to 21. good to choice 18.25 to 20.50. common to fair 4.50 to 7.50. cows and heifers 6.50 to 8.50. canners 3.50 to 4.35. Sheep receipts 950. prime lambs 10 to 11. fair to medium 8.4 to 10. prime yearlings 6 to 7.5. prime wethers 6 to 7. best mutton wethers 6.46 to 6.50.
MENTIONED IN THIS ARTICLE
Spokane
Omaha Market News Cattle and Sheep Receipts Mixed
Omaha sees cattle receipts around 9 500 with steers and heifers down 50 cents, bulls weak, veal calves up 50 cents. stockers and feeders dull. Sheep and lambs total 16 500 with lambs 25 cents higher, bulk 15 9 to 15 40, sheep 15 to 25 cents higher.
MENTIONED IN THIS ARTICLE
Omaha
Sik
Copper and Tin Prices Steady in New York Market
New York copper steady across electrolytic spot and third quarter at 19 3/4 cents. Iron holds with No 1 northern at 48 dollars, No 2 southern at 47 44, and another No 2 southern quote at 44 44. Tin ease in spot to 48 40, August-September at 49 2.
MENTIONED IN THIS ARTICLE
New York
Northern
Southern
Demand for pearls far above supply
Chicago reports a New York arrival of 500000 dollars worth of pearls, the largest import in years, underscoring a global shortage. Demand exceeds supply due to low Indian Ocean output, with top quality pearls scarce and prices for necklaces ranging from 750 to 125000 dollars. Freshwater mussel pearls lure attention but are inferior to oriental varieties.
MENTIONED IN THIS ARTICLE
Chicago
New York
United States
Indian Ocean
Mississippi Valley
Proscope Trophy Opens at Inverness Club in Toledo
Professional golfers start competition for the Proscove Trophy at Inverness club course in Toledo. This event serves as a prelude to the national championship, which is slated to run on the same course from August 10 to August 14.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Inverness Club
Wall Street Mixed Action as Declines Persist at Open
Traders faced limited opposition as stocks extended losses with declines of 2 to 6 points. Volume near 475000 shares. Industrials recovered briefly but faded as shorts grew bolder. Oils and steels led a late rally, while reads showed little overall improvement amid weak rubber rumors. Call money rose to 10 percent as market closed heavy.
MENTIONED IN THIS ARTICLE
New York
Shorts
United States
London
Sugar prices in New York July 26
Raw sugar remains quiet at 16.656 cents per pound for centrifugal. Refined sugar steady at 21 to 22.50 cents per pound for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Market Summary Bar Silver Prices
New York on July 26 reports domestic silver at 99 and foreign at 5 cents. Mexican dollars trade at 71 and London on the same date lists bar silver at 56 and money at 56 percent per ounce.
MENTIONED IN THIS ARTICLE
New York
London
Copper and manganese outputs rise as mining activity resumes
In the Naugatuck valley brass mills resume full operations after a three month stoppage amid improved copper demand. Philipsburg district mines boost manganese and silver ore daily while exploration upgrades at Silver Belt in Neihart show a four foot vein with rich silver and lead values. Park City Utah shipments rise. Bullion Mining Co plans a 100 ton daily mill. Copper company fires and road work advance in Idaho and Montana as ore transport improves.
MENTIONED IN THIS ARTICLE
Philipsburg
Neihart
Butte
Park City
Utah
Ontario
Silver King Coalition
Judge
Bullion Mining Company
St. Joe
Coeur d'Alenes
Cooke City Ore Shipments to Smelters Begin
T C Scott of the Glengarry Mining reports strong Cooke City ore activity. A large quantity is ready for shipment and will be sent to smelters immediately after a compressor explosion wrecked the Western Smelting and Power plant last week. A new compressor will be ordered to restore operations.
MENTIONED IN THIS ARTICLE
Cooke City
Gardiner
W. D. Marlow
Republic Mining Company
Livingston
Livingston Enterprise
Republic Properties
Western Smelting and Power Company
T. C. Scott
Glengarry Mining Company
Surrendered amid murder charge in Fergus county case
John B. Ryan turned himself in to Sheriff J H Stephens after an information filed by County Attorney Stewart McConochie alleging murder in the shooting of Sig Olson on July 11. Olson died July 17. Ryan remains in Fergus county jail without bail pending inquest results.
MENTIONED IN THIS ARTICLE
Lewistown
John B. Ryan
Stewart McConochie
J. H. Stephens
Briscoe
Ryan
Sig Olson
Jennie Warren
Spokane
D. E. Church
Louis Lehman
Lehman & Co
Great Northern
Judith Gap
Victor Martin
Healdpon
Orilia
Sisters’ Hospital
A. W. Hilger
St. Paul
Fort Dodge
David Hilger
Cr. L. Padgett
Buffalo
Judith Basin
Hobson
West Side
Geyser
Stamford
Moccasin
Windham
Harry L. Fitton
Montana Municipal League
Perry J. Irish
Anageramer
Sher
Oil men aid family after car fire near Mosby
Winnett Montana July 26 oil men acted as good Samaritans for a family from Chicago whose car and belongings burned two miles east of Mosby. They salvaged nothing but a purse with savings, then passed the hat to fund railroad fare to Buffalo Montana. Ranchers harvest a million-dollar grain crop and Frantz oil output this year, with futures tied to spring sales.
MENTIONED IN THIS ARTICLE
Winnett
Chicago
Buffalo
Mont
Mosby
Play the Oil Game for Big Money Lease Offer
An oil investor alert urges buying a lease on a small tract near a well while prices are low. It touts annual rental of 25 cents per acre and presents it as a big opportunity for small investors, inviting readers to write for details.
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Main St
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