Brakes On Stock Market Despite Rising Car Orders
Wall Street slows as higher money and closer scrutiny curb the run. Copper and steel share losses mix with rallies in cereal and cotton markets. Liberty loan prospects buoy prices, while industry pros predict higher dividends and sustained ore and rail orders ahead.
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Sun
Journal of Commerce
Clark, Childs & Co
New York
Anaconda
China
Inspiration
Utah
Ray
Miami
Market Report Sees Strength in Sheep and Cattle
Market observers report strength for sheep and cattle while hog prices hold steady based on last week’s quotations. The note also mentions Indian funds and a senate action regarding Liberty bonds.
MENTIONED IN THIS ARTICLE
Shington
Ator Ashurst
Arizona
Secretary of the Interior
Senate
Bombing Balloons in Early Wars Revealed by Brooklyn Eagle
The Brooklyn Eagle recalls early balloon warfare from siege observations to attempts in 1812 and 1847. Bomb-dropping balloons faced misfires and unpredictable winds, with 1847 paper fire balloons intended to strike Venice but bombed Austrian lines instead.
MENTIONED IN THIS ARTICLE
Brooklyn Eagle
Maubeuge
Atntriins
Venice
Wheat Market Rises on Visible Supply Drop at Chicago
Chicago June 11 wheat futures moved higher amid a fall in the domestic visible supply, with July and September prices quoted amid an unsettled session. Corn and oats also showed gains on bullish signals from demand and weather, while pork and beef futures fluctuated. Receipts and cash markets painted a mixed picture as traders weighed supply declines against seasonal softness.
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Chicago
United States
Roosevelt Heads Annual Memorial Services By Railroad Brothers
Pledges of action were renewed by East coast railroad brotherhoods at their memorial services with Theodore Roosevelt as chief speaker. J C McDonald outlined unity to aid the government and suspend laws if necessary, while Roosevelt urged Americans to do their bit and criticized conscientious objectors. The text also notes harsh rabbit hunting debates tied to game laws in 28 states.
MENTIONED IN THIS ARTICLE
Theodore Roosevelt
Brotherhood of
Order of
Rail
Brotherhood of Locomotive Firemen
J.C. McDonald
Wilson
Roosevelt
Alaska
Wall Street Close Sees Broad Decline Amid Tight Money
Markets ended lower after a week of bank drain and higher call money around 5 percent. General heaviness dominated as shorts attacked, with Bethlehem Steel stocks showing strength while United States Steel slid from 132 to 129 1/2, closing just above its low. Industrial Alcohol fell from 168 1/2 to 160 1/2, finishing near 162. Motors and metals also weakened. rails cooled after an early spike. Total volume about 670,000 shares. bonds traded unevenly, with $2,036,000 par value.
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New York
Shorts
Bethlehem Steel
United States Steel
United States
Bolt
General Leather
Motors
Rails
Wind Sweep Over Western North Dakota
On June 11 Fargo scanned a 50 mile wind and heavy rain sweeping western North Dakota with cyclonic gusts. Two twisters were sighted near Bismarck. four hours of rain hit Williston Minot Devil's Lake Bismarck and Lakota. In Fargo only trees were toppled. wind persisted through the night.
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Fargo
N. D
United States
Bismarck
Williston
Minot
Devil's Lake
Lakota
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