Lower Prices on Foodstuffs Soon Shaping Market Views
The Chicago Produce Exchange president Edward Glass stated that the peak of high prices has been reached and lower prices should begin to arrive soon, challenging the focus on food shortages as shipping volumes for relief rise. Stocks showed strength with rails steady, steel and paper stocks advancing, and notable gains in Adams Express, United States Steel, and Booth Fisheries despite mixed movements across sectors. Analysts expect continued buying on dips as demand remains robust for late summer copper delivery amid a large copper trade and production shift abroad.
MENTIONED IN THIS ARTICLE
Edward Glass
Chicago Produce Exchange
Glask
International Mercantile Marine
Shipping Board
Reveregydrade Crane
Heilbronner
Germany
Kaine
Adams Express
Rally Steels
Baldwin
United States Steel
United States
China
United Food Products
Criternia
Booth Fisheries
Mexican Petroleum
Texas Oil
Oklahoma
New York
Mining Engineering Journal
Maine
Livestock market report echoes mixed cattle and hog pricing
Receipts total about 3 500 with steady to weak cattle values and hogs selling around 20.20 to 20.69. Steers early load at day’s low. stockers and feeders steady with leaner weights braced for tomorrow’s session. Cows and calves show scattered values with premiums for good quality stock.
MENTIONED IN THIS ARTICLE
Itis
Mocker
Oman
Wrocker
New York Stock Market Opens Calm After Rally Week
Trading on the New York Exchange showed subdued excitement with moderate dealings and lighter totals after a volatile week. Bonds led gains, rails and foreign flotations perked up, steels rose on rails equipment hopes, oils climbed, while metals and utilities advanced with National Lead and United States Smelting among leaders. Total volume topped 1.235 million shares, with Liberty issues boosting bond activity and a par value of 14.5 million.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
National Lead
United States
Express
American
Adams and Wells
Fargo
Liberty
Old United
Peruvian Railway Aims to Tap Rich Territory Extension
The Peruvian railway plans extend the Cerro de Pasco line toward navigable northern river basins feeding the Atlantic. Officials describe the project as transformative for regional development and the exploitation of vast untapped wealth.
MENTIONED IN THIS ARTICLE
Cerro de Pasco
Horth
Owing to the Want of Means of Com
An extract from a historical notice notes financial hardship hindering efforts. The fragment references inability to fund actions and pursue intended work, with implied consequences for continued progress and obligations. The text hints at a broader context of lacking resources affecting planning and execution.
Money market report from New York May notes
Money market brief from New York on May 22 reports Sterling sixty day bills at 469 and commercial eighty day bills at 4825. Cables 463 and 613 series indicate ongoing Treasury and banking instruments with minor fluctuations.
MENTIONED IN THIS ARTICLE
Money Mann
New York
Chicago Markets Grain and Provisions Report May 27
Chicago markets show unsettled grain and provisions amid bearish factors. Corn futures eased with slight advances in some months while oats held steady to higher. receipts and hog prices influenced by trading and weather expectations. Minneaplis prices mixed. copper and metals markets muted with spot prices steady. London silver and money markets noted, presenting a calm bullion scene.
MENTIONED IN THIS ARTICLE
Chicago
Siesta
Sissi
Orn
van Wade
Harden
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Japan
Australia
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Barnes-King
Buri Imperial
Exas Burk Waggoner Oil Butte & Bacord
Butlwhacker Iy
Butte
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Butte-Phatus
Seade Sl
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Batte “Ee Iueiei Houghton A
DR. F. A. Ironside
West Side Coal Co
Frank A. Crase
Pres
Painters
Riddell’s
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Signer
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NEW York Exchange
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le Burns
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Ieee
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Ener
Jas
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Tex
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CLARK
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Lauzier - Wolcott Company
Lauzier-Wolcott
Mont
North Bain
Butte Public Stock Exchange
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