Market update shows lackluster selling in Chicago corn
General selling in the Chicago corn market led to a weak start with July at about 1.80 to 1.81 dollars and September around 1.71. A small rally followed but demand remained tepid, with September 2 to 3 cents lower. oat futures fell as grain weakness dragged provisions down. Cash quotes list No 2 red and hard wheat near 2.84 to 2.85 dollars, corn No 2 mixed around 1.84 to 1.88, oats at 1.16 to 1.19, rye 2.21 to 2.22, barley 1.47 to 1.53. Receipts totaled 29,798 cases with various firsts and storage-packed goods priced accordingly.
MENTIONED IN THIS ARTICLE
Chicago
Pound Sterling Strength Amid Market Dullness
June 22 report notes stronger pound at $4, but money market tight with call funds rising to 11 percent. Industrial shares faltered led by steel makers, copper and rail stocks weaker. Anaconda declared a $1 quarterly dividend as market eyes demand and strike anxieties. Exports rose May over April while gold imports fell. Boulogne talks place German indemnities at 120 billion marks in 37 installments.
MENTIONED IN THIS ARTICLE
Heilbronner Company
Anaconda
United States Steel
Baldwin
Republic Steel
American Locomotive
Crucible Steel
Pittsburg
Studebaker
Pierce-Arrow
General Motors
Wilson
United States
Boulogne Conference
Chicago Prices Rise as Cattle Hogs and Sheep Rally
Cattle receipts reach 8000 with beef steers and butcher stock steady to higher. Early top at 16.65 with bulk 13.75 to 16.35. bulls steady to higher. Hogs receipts 32000 up 25 to 40 cents, top 16.00. Light weights 15.50 to 15.95, 250-plus 14.80 to 15.70. Sheep receipts 5000, mostly 25 to 50 cents higher, best native lambs 16.00 to 16.50, yearlings 14.05, some ewes 7.25, feeder lambs notable.
MENTIONED IN THIS ARTICLE
Chicago
Slaughterway Market Report From Spokane
Spokane market steady with hog receipts 6 and cattle receipts 79. Prime mixed hogs bring 15.50 to 16, medium mixed 15 to 15.50, rough heavies 13 to 15, pigs 14.50 to 15, stockers 13.50 to 14.25. Cattle show prime steers 11.50 to 12, good to choice 10.25 to 11, cows and heifers 9.50 to 10, canners 3.50 to 5, calves 9 to 12.50, stockers 8.50. Sheep with no receipts. prime lambs 10 to 12, yearlings 7 to 8.50, wethers 6 to 7, best mutton ewes 3.50 to 6.
MENTIONED IN THIS ARTICLE
Spokane
Omaha Market Report Hits Mixed Gains on Hog Beef Sheep
Omaha June 22 hog receipts 11 500 market active 25 50c higher top 15 45 bulk 14 10 15 cattle receipts 3 600 beef steers and he stock active 15 25c highs best heavy steers 16 40 bulls stea veals 25c lower stockers and feeders weak sheep receipts 8 000 lambs steady to 25c higher range lambs 15 16 50 native spring lambs 15 15 50 sheep slow feeders steady
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Omaha
Mercantile Rates and Foreign Exchange Report
June 22 financial notes from New York show strong time loans at 8 percent across 60 90 days and 6 months. Sterling 60 day at 8.93 percent, commercial 60 day bills 3.937 percent, demand 3.984, cables 8.95 for francs 8.47 for cables. Belgian francs 8.84 8.86, guilders 35.85 5 27 Lire 6.32 6.34, marks 2.74 2.75. New York exchange on Montreal at 11 percent discount bonds. Call money high 11 percent low 8 percent closing bid 10 percent offered 11 percent. Bank acceptances 14 percent.
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New
New York Exchange
Montreal
Market Summary and Federal Reserve Outlook
Shares in the steel sector show ongoing accumulation with a cautious stance and bulge sales. Clearing banks posted a $41 million reserve drop tied to second quarter tax payments, with quick recovery expected. Mint director flags 1.7 million ounces of silver bought for delivery in San Francisco as money market conditions ease later in July. U S and S exports rose by 45 million in May while imports fell 64 million. gold imports total 16 million, including a Canada bound 7 million shipment, with more expected in the coming days.
MENTIONED IN THIS ARTICLE
Clearing House
Federal Reserve Bank
Wall Street Opens Mixed as Oils and Rails Lead Declines
New York stocks drift lower at the open with about 370000 shares traded. Declines centered in oils, motors, shipping, and tobacco and textile issues while rails showed limited reaction to the railway strike. Call money rose to 11 percent late, helping push steels and equipment down. British exchange gains and demand bills topped recent highs.
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British Exchange
Rails
Call
Northern Pacific
Reading
Commodity prices report from New York on metals
Copper dull and steady with June and July at 18 1 2 cents and August and September at 19 cents. Iron markets ease with No 1 northern at 48 49, No 2 northern at 47 48, No 2 southern at 44 44. Tin firm at 50 50 for spot and June, 50 for July. Antimony at 8 cents. Lead nominal at 8 1 2 to 9 1 2 cents. Zinc steady with East St. Louis delivery at 7 40 bid.
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New York
Northern
Southern
Metal Exchange
East St. Louis
Chewing Gum Craze Spreads From U S to Europe
The United States exported chewing gum worth 2,164,290 dollars in 1919, with England the largest buyer. Efforts to popularize gum in Europe failed until American soldiers introduced it, turning gum chewing into a wartime craze. In England munitions factories, gum replaced tobacco as smoking was barred.
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Europe
United States
England
Rangoon man owns fourteen motor cars
Liu Chin- Tsong of Rangoon India is reported to own fourteen motor cars in a remarkable transportation collection.
MENTIONED IN THIS ARTICLE
Liu Chin- Tsong
Rangoon
India
Mines and Mining Activity Across North American Mines
Report surveys ongoing work at Humboldt near Helena and many other sites. Mentions silver strikes at Kerby Ainsworth British Columbia, and Beaverdell with fourteen workers. Notes Snake River Granite project in Idaho and Copper shipments to Japan. Describes sinking, unwatering, and development at multiple mines including Hibernia Nettie Sally Tamarack Charles Dickens Coeur d Alenes Little Nell Free Coinage Muskegon Mariner Sunset Baby Helena King Solomon Mammoth with widespread district activity.
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Lump Gulch
Little Nell
Muskegon
Mariner
Sunset
Baby Helena
King Solomon Group
Mammoth
Mexico Holds Rich Silver Resources, Says Boston News Bureau
Mexico possesses greater known resources of silver than any other country and is expected to again become the largest producer. Silver ores are widespread but mainly along an axial plateau that traces the southern extension of western U.S. mineral belts. Deposits occur in Sonora, Chihuahua, Coahuila, Durango, Jalisco, Zacatecas, Nuevo Leon, San Luis Potosi, Guanajuato, Hidalgo, Michoacan, and Guerrero and Oaxaca. Mines and mining districts are numerous and some have operated for centuries.
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Mexico
Boston News Bureau
America
Sonora
Chihuahua
Coahuila
Durango
Jalisco
Zacatecas
Nuevo Leon
San Luis Potosi
Guanajuato
Hidalgo
Michoacan
Guerrero
Oaxaca
Main Range Rich Silver Strike Reported
Silver ore running 30 to 40 ounces per ton was found on the 500 level of the Main age shaft in the Spread Delight vein. The five foot wide strike was confirmed by Paul A. Gow with samples expected to run 1,000 to 1,200 ounces to the ton, though current averages stay near 40 ounces.
MENTIONED IN THIS ARTICLE
Tucson
Ariz
Sherwood Copper Company
Comabobi
Hibernia
Davis-Daly
Nettie
Spread Delight
Paul A. Gow
Washington Board Bars Cheek Dancing in Schools
In Washington on June 22, outraged parents prompted a school ban on cheek dancing at a western high school class night ball. The school board labeled the activity vulgar and relegated it to the forbidden category with the shimmie and the bunny hug. Dr. John Van Schaick Jr. said officials agree the dancing is vulgar and inappropriate in any educational setting.
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Washington
John van Schaick Jr
Horoscope for June 23 1920 warns of conflicts and change
Wednesday forecast notes sinister planetary influences for Venus the sun and Jupiter presaging strict traditions for women yet hints at freedom and independence. Romance rises while political and labor tensions grow with crises and strikes. Children born under Cancer show artistic traits and potential success.
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Venus
Jupiter
Leo
France
Italy
McClure
German Potato Bugs and War Preparations Parable
A congressman likens Germany’s long term war preparation to potato bugs in a Minnesota farm store tale. Farmers recall pests ravaging crops with some claiming two week and two day destruction, drawing a vivid, if informal, parallel to looming conflict.
MENTIONED IN THIS ARTICLE
Germany
Minnesota
Remarkable tale of potato bugs inspecting seed sales
A farmer recalls curious events as a drummer from a seed house reports potato bugs examining the books about a week before planting time to see who had bought seed, hinting at unusual observers in Washington Star quotation.
MENTIONED IN THIS ARTICLE
Washington Star
Minister Couples Wedding In Montrose Garage
The Rev. E A Gillespie a Methodist minister in Montrose Pa was tuning a car in a garage when a telephone message said a couple awaiting marriage was at the parsonage He told his wife to bring them to the garage and he married them there in the dusty clothing and dirty hands he wore that day
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E. A. Gillespie
Montrose
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