Markets and Milling: Bears Worried by Corn Demand
Chicago June 3. Strength returns to corn as receipts stay meager and eastern supplies dwindle. Openings fell 1 3c, July 1.74, September 1.59 1.60. later sharp upturns suggested overbought conditions and eventual selling. Oats followed corn up after a dip. hogs weakened. Cash: Wheat No 3 red 2.93, No 3 northern spring 2.95. Corn No 2 mixed 1.96 1.96 1 96%, No 2 yellow 1.97 1.99. Oats No 2 white 1.12 1.24%. Rye No 2 3.16. Barley 1.55 1.70. Timothy 10 12. Clover 25 35. Pork nominal. Lard 20.27. Ribs 17.50 18.50. Butter and eggs higher. Receipts 28,785 cases. Firsts 39 40c, ordinary firsts 35 64c, at mark 37 39c, storage-packed extras 42 42c. Storage-packed firsts 41 42c.
MENTIONED IN THIS ARTICLE
Chicago
New York
Heilbronner Company
Alaska
Gulf & W
Am Int Corp
Baldwin
Beth. Steel B
Baltimore & Ohio
Bosch
Brooklyn R. T
Butte & Superior
Butte
Beth
Calif. Petroleum
Canadian Pacific
Central Leather
M & St
Chandler Motor
Chile
Colorado
Columbia Graph
Central Foundries
Erie
Fish
General Electric
General Motors
Gulf States Steel
Haskell & Barker
Interborough Con
Inspiration
Inter Marine
Kennecott Copper
Kelly-Springfield
Keystone Tire
Lackawanna
Oo Lee Tire
Mex Petroleum
Maxwell Motors
Miami Copper
Midvale Steel
Missouri Pacific
Nevada Con
Central
Northern Pacific
Ohio Cities
Pan-Am
Pennsylvania
People's Gas
Pierce-Arrow
Pittsburg
Second Creek
Pr Steel Car Oeorene
Ray Con
Rep. Iron and St
Shattuck
Arizona
Sinclair Oj
Sloss
Sheffield Eee
Southern Pacific
Southern Aenar
Stromberg
Studebaker Coeeeeee Superior Steel
Tennessee ” Aaa
Texas Co
Texas & Pacific
United Alloy Steel
United Fruit
United Ret
Utah Copper
Western Union
Westinghouse
White Motors
Goo Wilson
Willys-Overland
Worthington
Liberty Bonds
Liberty
Butte Stock
Barnes-King
Burke Oil
Burk Imperial Oil
Burk-Waggoner Oil
Butte-Cat Creek
Butte-Bullwhacker
Butte-Jar. M
Butte-Plutus
Cascade Sil
M. M
Wyo
Cow Gulch
Decker-Collins
Dillon Oil Mont
Farrell Ee
Frantz Corporation
Florence
Stew
Gates Oil Wee
Great Western Oil
Golconda Oil No
Harlow Oil and Gas
Jardine Go Intermountain
Kansas-Montana
Montana-Bingham
Montana-Can
Mont
Midwest Refining
Musselshell Valley
Neihart
Ohio
Ripple
Tarbox
Tri-City
Tuolumne Ee
Eureka Mines
Eureka
Eureka Lily
Grand Central the Howell
Keystone
Bo H. Dunnigan
Michigan-Utah
Aetna
Allied Packers
Leesa
Plutus
Atlas
Prince Consteer
Big Ledge
Reed's Peak
Br. Am. Tobacco
Rico Wellington
Caledonia
Calumet & Jerome O
Canada
Silver King Coal
Chevrolet
South Heela
Tintic Standard
Cosden S
Emma
Steen Ee
E. Glenrock
Sheen
Boston Care
Hecla
Sete
W H. Dunnigan
Hercules
Bohemia
Hollinger
Boston & Lily
Houston
Butte & London
Lowe Sound
Calaveras
Eeerens
Island Oil
Ee Crown Reserve
Jerome-Verde
Eagle & ‘Bluebell
Kerr Lake Ee
Houghton Eee
la Rose
Majestic Steen Wine
Magma Copper Seer
Nevada-Douglas O
Magma_ Chief
Ohio O
Mason Valley
Oneco
McKinley-Dar
United Verde ‘Exalt
Merritt
Jerome Verde
Ss. W. Miami
Midwest
Iron Cap
Boston
Montana
Wall Street Mixed Day as Trading Broad and Stocks Rise
New York stock market showed broad trading with higher quotations and a 400000 share level. Crucible Steel Studebaker and Pan American Petroleum led gains while rail stocks rose in the secondary market amid steady money rates and pressure on Liberty bonds. The midday notes cited rail transportation issues and urged support for railroads to sustain earnings and stock value.
MENTIONED IN THIS ARTICLE
New York
Duslness
Crucible Steel
Studebaker
Pan-American Petroleum, Tobacco Products
Consolidated Gas
United Sates Steel
Baldwin Locomotive
Pere Marquette
American Locomotive
Baldwin
General Motors
United Railways
Missouri Pacific Preferred
Allis-Chalmers
Market 19 Lazy Turnover Light
Market drifted lazily with nominal price changes and extremely light turnover for a week. Baldwin touched 116, then closed near 114. Conditions are complex. bankers reportedly have funds with a 6 percent call rate and sterling at 3.94. Texas company declared 75 cent dividend on new stock, equal to 12 percent yearly, while retail stores hold gains.
MENTIONED IN THIS ARTICLE
Hellbronner Company
Baldwin
Sterling Exchange
Texas Company
New York
Missouri Pacific
Rock Island
Texas & Pacific
St. Louis
San Francisco and
Southern Railway
United States Steel
Studebaker
Anaconda
Utah
Lackawanna
Midvale
Bethlehem Steel
Seattle
Calumet & Hecla
David Minton
Livestock market report from Chicago June 3
Hogs receipts around 000 with market steady to 10 cents lower and top at 14.80. cattle receipts 10,000 with beef steers up to 25 cents higher and best yearlings at 14.75. Sheep receipts 16,000 with light demand, few shorn lambs and yearlings at around 12.
MENTIONED IN THIS ARTICLE
Chicago
Spokane Livestock Market Steady Across Commodities
Spokane market notes show steady receipts across hogs cattle and lambs with prime mixes priced around 14 to 14.50 for hogs, 12 to 14.50 for heavies, and stockers around 13.25. steers mostly 12 to 12.50 and cows 7 to 10 with calves near 9. prime lambs bid 13 to 13.50 and yearlings 8 to 10 while wethers run 7 to 9 and best mutton less variable.
MENTIONED IN THIS ARTICLE
Spokane
Market Report from South Saint Paul June 3
Receipts of hogs 7,500 with market 15 to 20 cents higher, range 12.50 to 13.75 per cwt. Cattle receipts 2,000 with fat steers 7.13 to 13.50, cows and heifers 7.12.50, calves steady 5 to 9, stockers and feeders strong. Sheep receipts 200 with lambs 8 to 16, wethers 7 to 11, ewes 4 to 10. overall market mixed with mixed price shifts.
MENTIONED IN THIS ARTICLE
South Ist. Paul
South ST. Paul
Wethers
Wes
Omaha market report June hogs cattle and sheep sales
Omaha June hog receipts slow and unevenly steady with price around 13.75 for hogs and 13.15 to 13.50 bulk. Cattle receipts about 4,200 with beef steers and stockers strong best yearlings around 3.75 and steers bulk 11.50 to 13.25, up to 13.25 top. Sheep receipts 2,500 with best native spring lambs and ewes around 9.00.
MENTIONED IN THIS ARTICLE
Omaha
Sugar Market Update from Sugar, New York
Raw sugar held steady at 20.56 cents per pound for centrifugal grade while refined levels were reported steady with fine granulated around 21.50 to 26 cents. Market notes indicate no change in price direction amid steadier trading in the sugar market.
MENTIONED IN THIS ARTICLE
New York
Wall Street Flashes on Wheat Report and Market Trends
The Heilbronner Company notes stock market focus on the June 8 wheat crop report for May. Dealers dampen orders, buyers wait for lower prices, and anti hoarding campaigns push price reductions. Bankers favor deflation, railroads look to benefits, and speculation remains active in low priced railroad shares. Large stock increases and short interest in General Motors are cited, with a Buenos Aires dispatch mentioning gold deposits to back deposits with the Federal Reserve Bank.
MENTIONED IN THIS ARTICLE
Wall Street
Heilbronner Company
Buenos Aires
Federal Reserve Bank
Washington
Forerunner of Liquidity Cessation Noted in Investment Markets
The appearance of larger amounts of time money at lower rates will be regarded in investment institutions as a forerunner of cessation of liquidation of investment securities. The weakness in Liberties increased bond offerings elsewhere, it is said.
MENTIONED IN THIS ARTICLE
Pittman
Nevada
Europe
Treasury
Germany
France
East China
Japan
Investment pros see ex inflation selling in standards
A general consensus among active investment experts holds that readjustment will induce further liquidations but a majority of leading standard securities are selling ex inflation. While deflation in commercial lines may continue, any drop in sound stocks below current levels will offer buying opportunities.
Stock Recoveries Cut Short Interest Across Markets
Private borrowing channels report a sizable return of stock and a material reduction in outstanding short interest due to the recovery. Steels, equipments and motors sectors are especially noted as benefiting. A prominent stock exchange firm is cited.
New York Money Markets Exhibit Mixed Trading
Mercantile paper unchanged and time loans firm as of June 3 in New York. Sterling quotes weakened with 60 day bills around 3.87 percent and demand near 3.92, cables 3.92, while Belgian francs and guilders show small shifts. Government bonds were heavy and railroads irregular amid steady call money at 6 percent and bank acceptances also around 6 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Sterling
New York Exchange
Montreal
Copper and metals report from New York market brief
New York field notes copper dull and unchanged to end of July with spot at 51.50 and June at 61.35. Antimony and zinc quoted steady to easy, lead quiet on spot and June at 8.80 cents. East St. Louis zinc spot at 7.40 cents.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Mining and labor strife in Slocan district coal and ores
The Slocan district in British Columbia reports a pact between mine owners and the International Union of Mine Mil l and Smelter Workers to suppress I W W and One Big Union influence. It sets wage increases and bans employment for members until renouncing those groups, with arbitration by the provincial mines minister in disputes.
MENTIONED IN THIS ARTICLE
Slocan
British Columbia
International Union of Mine
Minneapolis Grain Report June 3 Wheat and Corn Prices
Minneapolis grain quotes show Wheat No. 1 northern 3.30 to 3.10 and Corn No. 3 yellow 0.50. Oats No. 3 white 1.03 to 1.05 with Barley 1.60 to 1.61 and Rye No. 2 at 2.09 to 2.10. Flax No. 1 4.09 to 4.14. Wheat receipts 125 cars, shipments 46 122 barrels. Bran 53.
MENTIONED IN THIS ARTICLE
Minneapolis Grain
Minneapolis
Market Updates Silver and Discount Rates Reported
Bar silver in New York at 99 percent purity and Mexican dollars at 7 percent. In London, bar silver quoted at 56 and a half pence per ounce. Money and discount rates list short bills at 6 percent and three month bills around 6 1/8 to 6 3/4 percent.
MENTIONED IN THIS ARTICLE
New York
London
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NEW York Stock Exchange
Hellbronner
Greybull
Pete
Indiana
Epesaet
Idwest Refining
Bee
Swan & Finch
Tri City
Union
Washington A
Washington-Mont
Wyoming
New Haven
Frisco
Steel
Pan-American
South Porto Rico Sugar Company
Stock Exchange
Money Market
Metal Market
Coeur d'Alenes
Stanley A. Easton
Bunker Hill & Sullivan
Kellogg
Pine Cragk
Coeur d’Alenes
Constitution
Pine Creek
Ymir
Mother Lode
Calhoun
New Orleans
THE
East Broadway
Cotion
Frantz Corporation Royalty & Producers
Burke Oil Company
Cow Gulch Oil Company
Gates Oil Company
E. T. Williams Oil Co. ‘Consolidated Royalty of
Elk Basin
Con. Pete. Co
York & Company
Denver, Colorado
First National Bank
Casper, Lask, Douglas and
Manville
Morris
Penno
Bay Hercules
Salt Creek
Sapulpa
Stanton Oil
Stewart Mining
Swift & Co. Int l
Temisk
Tonopah Mining
Torpedo
United Eastern
United Verde
Verde
Wayland
West End
Cosseese Wee
Yukon
Ventura
Vulcan
Erent
Ryan Eee
Renee
Aagventure
Heilbronner Oo
Ahmeek Rr
al Omah Sewer
Allouez Weer
Arizona Com
Eeeers
Ballaklava
Ewe
Bingham Mines
Calumet & Arizona
Calumet & 385 Centennial Hecla
Copper Range Eee
Daly-West Seeee
Davis-Daly . Eee
Mast Butte
Franklin
Hancock
Isle Royale Island Creek
Lake Copper
Michigan
Eeeween
New Arcadia
Superior
South Lake
South Utah
Swift & Co
Utah Apex
Utah Metals
Victoria Eeeree
Wolverine
Winona
Jas. T. Finlen
D. Blair
Silver Bow National Bank
Federal Reserve Bank Savings Department
Daly Bank and Trust Company of
General Banking
First National Bank of
Federal Reserve System
Andrew J. Davis
Ee Boy Pee
J. E. Stephenson
George A. Hill
Andrew J. Davis Jr
W. J. Forsythe
W. A. Clark
J. Ross Clark
W. A. Clark & Bro
Alex J. Johnston
J. BR
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