Wall Street Close Shows Busy Market Despite Few News Cues
A brisk and unsettled New York market sauntered through May 19 trading with broad gains in heading stocks and a late rally in United States Steel, copper, and marine issues. Bond sales totaled 5.1 million par, Panama coupons rose, while foreign exchange stayed active with sterling softening. Copper remained firm, and tin lead spiked in spot and near-term quotes amid ongoing speculation of corporate segregation news.
MENTIONED IN THIS ARTICLE
New York
Trith
Futv
Abie
United States Steel
Canada
Panama
York
Metal Exchange
Market Report From Boston Wool Market May 19
In Boston the wool market shows uneven activity but overall firm prices, with domestic fleeces and West clip purchases steady and tending higher. Quoted values list California Northern, Oregon Eastern, and Territory grades, with various staple and combing lots. Financial markets note steady bar silver and stable call money, while railroad bonds and sterling exchange show strength.
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Boston
Commer Bulletin
Seaboard
Texas
California
Mide
Ate County
Oregon
Valley
New Yorn
Say Ag
Sterling Exchange
Timi Mteady
Butte & Superior Flotation Plant Concentrates Value Drop
In April the plant recovered 12 080 tons of concentrates from 50 112 tons of ore at a cost of 2 444 dollars per ton, down from March. The court ordered Minerale Separation Co Ltd of London to report, citing 12 199 tons of concentrates valued at 93 62 dollars per ton, with February figures showing 49 800 tons treated and 10 778 tons of ore recovered at 2 52 dollars per ton.
MENTIONED IN THIS ARTICLE
Butte & Superior
Minerale Separation Company, Limited
London
Barnes King Slump and Reasons for It
There is gossip about Barnes King properties and company prospects. The stock fell from about 3.25 to lower levels as 82,894 shares traded. Most holders are patient, awaiting developments, while the first monthly report warned of reduced tonnage and leaner ore at the mines.
MENTIONED IN THIS ARTICLE
Barnes-King
Ni Easin
New machinery readies at Piegan Gloster mill for Shannon ore
New equipment is being installed at the Piegan Gloster mill to process Shannon ores. A tramway over the divide will be prepared by July. Shipments from Shannon will reduce costs and open income. June 1 dividend of 1 cent per share will be sent, totaling 15 cents per share to date.
MENTIONED IN THIS ARTICLE
Piegan Gloster
Shannon
Divide
Piegan
Gloster
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