Market Stocks Fall After Broad Rally With Heavy Volume
A broad market retreat followed a sharp rise last week as many traders sold long positions. More than 1.8 million shares changed hands on the New York exchange with Steel leading the declines and several major issues hitting new or near lows. Industry notes from Heilbronner and others warn the drop may be temporary and advise selective buying on declines.
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New York Exchange
Anaconda
Butte & Superior
Gogaha
Inspiration
China
Granby
Greene-Cananea
Fami
Kennecott
Utah Copper
Rada
Steel
American Zinc
Alaska
Montana
wis-Daly
East Butte
North Butte
Butte-Ballaklava
Butte
Heilbronner
Compan Hutton & Co
New York
Chicago
Lauzier-Wolcott Company
New York Financial Bulletin
Record corn price drop amid heavy selling pressure
Chicago markets report sharp corn price declines driven by aggressive selling as traders expect favorable weather to boost the 1917 crop. Wheat led losses with July at 2.08 near 2.04 to 2.06 range while corn fell, oats rose slightly, and provisions slid. Multiple farm and property transfers appear in the text, but the focused market summary centers on grain futures and cash prices with broader commodity movements noted.
MENTIONED IN THIS ARTICLE
Chicago
Wall Street Close and Currency Markets May 28 Report
The New York close shows mixed results with a net loss for several issues and notable activity in the commodity and money markets. Stocks listed include American Beet Sugar, American Can, and United States Steel among many others. the money market notes mercantile paper at 4 percent and various currency quotations.
MENTIONED IN THIS ARTICLE
New York
Er Beers
UIST
Atchison
Baltimore & Ohio
Butte & Superior
California Petroleum - Canadian
Pacific
Central Leather
Chesapeake & Ohio
Chicago
Milwaukee
Ehino
Colorado
Cuba
Bilesi Cocease
Great Northern
Kennecott Copper
Toneville
Nashville
Mexican Petroleum
Miami Copper
Missouri Pacific
Montana Power
New York Central Northern Pacific
Pennsylvania Bay
Consolidaria
Reading Republic Tron
Southern Pacific Southern Railway
Texas Company
Union Pacific
Von's
United States Steel
Utah Copper
Mercantile Paper
Cattle and Sheep Markets Report Amid Slow Trade
Chicago market news shows 18,000 to 20,000 cattle receipts with slow to weak demand. Beef cattle sold native ranges $9 to $13.60. stockers and feeders $7.35 to $10.25. cows and heifers $6.50 to $11.35. calves $10.50 to $15. Sheep receipts about 10,000 with steady market. wethers $12.25 to $14.78. lambs $12 to $17.25. springs $14.50 to $21.00.
MENTIONED IN THIS ARTICLE
Spokane
Lauzier-Wolcott Company
Bia ‘Aske
Alameda
Caledonia
Ibonate Hilve
Douglas Iay
Happy Day
Hecla
Idora Hill
Interstate-Callahan
Jack Vite
Knob Hill
Lucky Sim M ‘Marsh
Nabob
Utah
Sioux Con. Co
South Hecla
Montana
Chicago
Germany rich in fish as Baltic catches rise
Copenhagen reports Germany enjoys an oversupply of fish due to heavy Baltic catches and imports. Citizens are urged to eat more fish now available without rationing and at a price cap. The army and smokers also hold excess fish while potatoes run scarce and grain reserves are drawn down for substitutes.
MENTIONED IN THIS ARTICLE
New York
Copenhagen
London
Germany
Baltic Sea
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Specialty of Mines and Stock
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