Market tone holds firm as traders await court news
The market kept a firmer tone with gains stalled by caution as investors awaited a federal court ruling on Union Pacific dissolution plans. Bankers in Berlin expressed liquidity confidence while U.S. markets showed steady bonds, copper and tin, and a cautious outlook across commodities and cattle futures.
MENTIONED IN THIS ARTICLE
New York
Efmits
Federal Court
Union Pacific
Harriman
Union Pa
Southern Pacific
Ains Mate
Bank of Germany
Berlin
United States
Livestock Market Report From Texas Traders
Market slow and weak across cattle hogs and sheep with mixed prices. Receipts: cattle 018 Reeves Fam 30 Texas steers 90.10 stockers and feeders cows and heifers calves 960.15 hogs 2909 bulk sales 8498.55 mixed 8.39 to 8.25 heavy 8.609 8.25 per hundredweight. Sheep receipts 26am western 5.00 to 5.60.
MENTIONED IN THIS ARTICLE
Portland
Texas
Se Tower
Chicago Markets Hold Steady Amid Mixed Wheat News
Chicago market reports show wheat gaining strength on Nebraska and South Dakota crop setbacks while overall staples edge higher. Weather in the Plains fuels concern over dry conditions and improper field preparation, with traders noting high temperatures shrinking grain and expectations of harvesting next week.
MENTIONED IN THIS ARTICLE
Tad
Frain
Chicago
Nebraska
South Dakota
South ‘Dakota
Huron
St. Tavis
Significance of news from the Butte mines in copper market
Freeman J. Davidson of Boston notes Butte Montana dominates global copper news. He cites hydro power goals, new ground acquisitions, deeper development, and metallurgical advances touching Anaconda and independent capital. Leaching tests at Washoe and rising ore work in East and North Butte strengthen the district’s outlook.
MENTIONED IN THIS ARTICLE
Freeman J. Davidson
Boston
Hutte
Montana
Ken Ufed
Butte
Corbin Copper Company
Boston & Corbin Company
Davis-Daly
Butte Central
Butte Ax
Washoe
Anacoda Company
Butte Duluth
Bullwhacker
Butt
North Butte
East Hutte
Tuolumne
Los
Pilot-Butte
Tuolumine
Market News and Copper Outlook Amid Stock Trends
Market analysis notes steady buying and quiet accumulation by large interests as spring wheat news prompts gains. Copper faces potential impact from Nicholls refinery strike. Union Pacific and Southern Pacific rumors trigger caution. Federal court actions, receiverships, and bond news color the market tone across New York, London, and Chicago exchanges.
MENTIONED IN THIS ARTICLE
Paine
Boston
Nicholls
Southern Pacific
Germany
Heri
Commencement at Madison University Graduates 288 Women
Madison Wis June 18 commencement exercises of the University of Wisconsin were held here. Degrees were awarded to Simon and 288 women including one in pharmacy and one in agriculture. Honorary degrees went to Dr Eugene Kuehnemann Breslau Germany Dr of Colorado college Dr Rupert Blue surgeon general US Public Health and Marine Hospital Service John W Alvord hydraulic engineer of Chicago. President Van Hise urged graduates to value service to society over worldly success as the worthy aim of education.
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Eugene Kuehnemann
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Chicago
van Hise
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