Long Traders Favor Market Amid Upward Price Moves
June 12 speculative conditions favored long traders in the bond and stock market. Despite slack demand, prices edged higher with quiet strength seen across issues including Har rimane, Steel, and Canadian shares, though gains receded at close. Bond activity was notable in issues like Lake Shore debentures and St Louis & San Francisco refundings. United States bonds were unchanged with par value totaling $2,807,000.
MENTIONED IN THIS ARTICLE
New York
London
Lake Shore
St Houle
San Francisco
United States
Market Rumors Point to Rate Decision Next Monday
Market sentiment in New York and Boston centers on a possible rate case decision by the Interstate Commerce Commission over the next week. Reports say half the proposed increases may be granted, with trading remaining small and cautious. Investors expect potential short coverings and modest gains if Mexican news and mediation progress support activity.
MENTIONED IN THIS ARTICLE
Ok Exchange
Paine
Logan & Bryan
New York
Washington
Interstate Commerce Commission
Boston
mutton @ Co
Heilbronner
Carranza
Niagara
Mexican Petroleum
Southern Pacific
Mexico
Steel
Reading
Union Pacific
Amalgamated
Market Review of Copper and Grain Prices
New York and London market notes report copper faded while copper and electrolytic spreads show little change. Wheat futures in Minneapolis list July and September contracts with cash No.1 hard and No.2 northern oats and barley prices, but the text is fragmentary and portions unreadable.
MENTIONED IN THIS ARTICLE
Alameda
Barnes-Kink
Butte
Alex Scott
Arizona
Butte & Ely
London
Milwaukee
Franklin
Tuolumne & Bullwhacker
Butte & Acorn
Butte & Ballakiava
New York
Sune
Minneapolis
Otto Miller Ends Life in State Penitentiary Cell
Otto Miller who arrived at Walls Walla Washington State Penitentiary to begin a life term for murder of a Montesano saloon keeper strangled himself with a towel tied to the cell bars. Officials say the shock of imprisonment led to the act and he had been placed in solitary after becoming violent upon arrival.
MENTIONED IN THIS ARTICLE
Walls
Walla
Wash
Otto Miller
State Penitentiary
Montesano
Milter
Hite
Chicago Markets Stirred by Bank Fears and Grain Declines
Market notes show a volatile Chicago session as Lorraine bank troubles and the suspension of Sidney Long & Co. spurred selling. Wheat, corn, and oats weakened, while hog shortages supported the forward provisions. Prices swung with July wheat opening near 6 per bushel and closing around 5 3/4, various oats and rye quotes mixed, cash barley and timothy listed.
MENTIONED IN THIS ARTICLE
Sidney Long & Co
Lorimer Bank
Chicago
Sidney, Long &Co
Grouth
Steigh
Sitye
Mistrial Declared In Blackmail Case In U S District Court
In Los Angeles on June 12 a mistrial was entered in the case of W T Stevens and Charles B McKelvey attorneys charged with attempted blackmail. They represented girls in a morality crusade that followed the acquittal of George H Bixby of Long Beach last year. Additional charges remain pending and will be tried again, said the district attorney.
MENTIONED IN THIS ARTICLE
Los Angers
W. T. Stevens
Charles 8
McKelvey
United States District Court
Stevens
George H. Bixby
Long Beach
President Wilson names land office register in Idaho
In Idaho at Boise on June 12 President Wilson announced the appointment of Frank E Heer of Silver City as Register of the Land Office.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Register of Land Office
Frank. E. Heer
Silver City
Idaho
Boise
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