Market swings as Liberty Loan looms and stocks open high
Stocks moved by bulls early then ceded territory, closing near day lows as traders await the Liberty Loan outcome. Anaconda and copper equities showed notable activity with government silver purchases and anticipated dividends boosting sentiment.
MENTIONED IN THIS ARTICLE
Bears
Butte & Fu- Deroy
China
Miami
Ray
Tran Copper
Nevada
North Butte
Josed
Tuolumne
Davie-Daly
Chicago markets show mixed prices as weather outlook eases gains
Chicago markets on June 7 saw corn and wheat retreat from earlier spikes as warmer weather and improved field conditions tempered gains. July corn fell to around 1.53 a bushel, wheat eased to around 2.22, and oats slid. Hog and cattle receipts remained mixed with hogs steady to weak and cattle steady, while Portland and Seattle markets reported varied prices in livestock and dairy commodities.
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Chicago
Vance
Seattle Livestock
The
Standard
Seattle
Fresh market demo and shifting demand in New York stocks
A Lucier-Wolcott report from Logan & Bryan notes a forenoon surge in buying driven mainly by commission houses, followed by profit taking as outside buying waned. Early war news and improved sentiment supported gains, but a weakening ruble later caused long holders to trim positions, tempering the session.
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New York
Kennecott
Shorts
Lauzier-Wolcott CO
Logan & Bryan
Russia
Umid Longs
Money Market Update From New York June 7 Report
Mercantile paper 4% 5%, sterling 60 days 472, commercial paper 60 day 471/2, demand 475. Cables 67 16, francs 872/, cables 571. Guilders 406-16, cables 407-16, lire 7.04 7.08, rubles 26.00 25.10. Bar silver 75, Mexican dollars 58. Government bonds weak, railroad bonds irregular. Time loans firm 80 90 days six months at 4%. Call money firm high 4%, ruling 3% last loan 4% losing bid 8% offered 4%.
MENTIONED IN THIS ARTICLE
New York
Mercantile
Minneapolis Grain Wheat Prices Edge Higher Then Fall
Wheat prices moved up early in Minneapolis trading on June 7 but closed lower. July final at 2.41, September at 1.85. Wheat receipts 109 cars versus 284 a year ago. Cash: No 1 hard 2.96, No 1 northern 2.86 to arrive 2.60.
MENTIONED IN THIS ARTICLE
Minneapolis
Bohemian Demonstrations Reported in Austria Plea
Chicago June 7 Word that demonstrations verging on revolution have broken out in Bohemia against Austrian rule was received here by J F Stanka secretary of the Bohemian national alliance from Dr Edward Benes grand secretary of the Bohemian Slovak national council at Parks The cablegram tells of life at Prostejov Moraveka Ostrava and Prague before the governors palace and includes demands for the union of Czech Slovak lands into one democratic state with Slovaks as a key element.
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Chicago
Bohemia
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Ostrava
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Prague
Velohrat
Wall Street Close as Steel Leads Market Rally
New York June 7 The market rose on persistent profit taking but stayed broadly up with United States Steel leading, rising to 134 1 4 and aided by 4% dividends to 178 1 2. Bethlehem Steel also climbed to 161 and 164, while oils leathers and metals showed gains before retreating. Rail shares lagged except Pacific lines, gold exports paused, and total par value sales reached 3 875 000 with United States 4s down slightly on call.
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New York
Ind
United States Steel
Steel
Bethlehem Steel
United States
Horoscope for Friday June 8 1917 Uncertain Nervy Day
Astrological readings mark Friday June 8 1917 as a tense day with Saturn adverse in early hours and later Neptune Saturn Mars and the sun also adverse. Predictions warn of nervous strain crime and unrest impacting Ireland labor circles and personal fortunes with both men and women affected. Editors may gain honors and money from publicity while a university head gains recognition.
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Saturn
Anus
Mercury
Jupiter
Mars
Neptune
Ireland
Kaise
New York
Chicago
McClure
Explosion in Petrograd Reported Kill Count Grows
London dispatch reports an explosion in Petrograd caused by a fire that destroyed a large stock of explosives. The Copenhagen correspondent of Exchange Telegraph notes several fatalities.
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Petrograd
London
Copenhagen
Exchange Telegraph Company
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