Grain Prices Fall as Wheat Leads Broad Commodities Selloff
Prices for grain drift lower amid heavy selling by a leading eastern trader. Wheat declines limit gains, with December at about 2.07 to 2.08 and March near 2.03. Corn mixed, oats soft, and provisions rise 25 to 67 cents. Bearish government reserve views weaken wheat early. export activity offers brief support. Receipts small. country offerings uncertain. Cash quotes list No. 3 red wheat 2.24 and No. 2 yellow corn around 92 to 93.8 cents. Butter rises to 40 to 54 cents. eggs steady. receipts 1,044 cases.
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Chicago
Stock market mixed as loan payments, strikes influence turnover
On October 14 New York stocks showed irregular prices amid foreign and domestic forces while a heavy loan redemption loomed. Call loans peaked at 9 to 10 percent as funds moved to Cuba and coal miners threatened a strike abroad. Bethlehem Steel, Baldwin Locomotive, Studebaker and Mexican Petroleum led gains, with 525000 shares traded and bonds generally dull.
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New York
Stock Exchange
Cuba
London
Coal Miners’ Federation
British Exchange
Bank of England
Bethlehem Steel
Baldwin Locomotive
Studebaker
Mexican Petroleum
Nickel Plate
United States
Livestock Market Report from Chicago on Oct 14
Cattle receipts 21 000 slow steady early steer sales good and choice prices 15 50 to 18. Butcher cows 5 50 to 10 50 steady canners 3 75 to 4 25 bologna bulls 6 to 6 75 calves weak to lower choice dealers 15 50 to 16 grassy calves 8 50 to 11 50 stockers and feeders steady. Hogs receipts 20 000 active mostly steady top 15 80 bulk light and butchers 15 30 to 15 80 packing sows 14 15 to 14 25 pigs strong. Sheep and lambs receipts 15 000 best fat sheep and lambs opening steady other grades slow and lower native lambs to city butchers 12 40 bulk 11 11 to 12 0 0 fat ewes 5 75 to 5 75 feeders steady.
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Chicago
Market Receipts Steady in Spokane Cattle and Hogs
SPOKANE Oct 14 hog receipts 115, market steady. Quotations unchanged. Cattle receipts 73, market steady to stronger. Quotations unchanged. Sheep receipts none, market steady. Quotations unchanged.
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Spokane
Hog and cattle auction results from Omaha market
Hogs receipts 3,500 mostly steady with medium light butchers 14.15 to 14.60, top 14.65. Cattle receipts 4,500 with fed cattle weak, yearlings 16.25, grass and range beeves and butcher stock steady to strong, veals steady, stockers and feeders firm. Sheep receipts 8,000 lamb quality poor, market slow to 25c lower, sheep steady, yearlings 8.75, feeders steady.
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Omaha
South St. Paul Market Slumps as Cattle Dull and Hogs Steady
Cattle receipts 5,000 with market dull and weak. best beef steers to $9, cows and heifers mostly 4.75 to 7, stockers slow. Hog receipts 4,700 with market steady to strong. top 14.75, bulk 14.15 to 14.30, pigs steady. Sheep receipts 3,000 native lambs 25 cents lower to 10.50 top. other lambs and sheep steady.
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South ST. Paul
Sugar Prices Steady at 11 Cents a Pound
New York market report notes raw sugar refined sugar and granulated sugar unchanged at 11 cents per pound. The update records no price moves for raws or refined grades on October 14.
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New York
Market Review Signals Rally Amid Steel Optimism
Heilbronner Company notes Schwab optimistic on steel outlook with no wage cuts, triggering short-covering across oils, sugars, shipping, leather, steels, woolens. Studebaker and Chandler Motors rally. copper prices slip, rail shares active, overseas markets weak, and insurance on deposits expected. Fortunes shift as oversold indicators persist and equipment orders rise.
MENTIONED IN THIS ARTICLE
Charles M. Schwab
Mexican Petroleum
Pan-American
Studebaker
Chandler Motors
Automobile
Federal Reserve
Wall Street Journal
United States Steel
Harding
Federal Reserve Board
New York Federal Reserve Bank
Anaconda
Utah
China
Kennecott
Inspiration
Australia presses to save tallest stringybark trees
A movement forms in Australia to protect the giant stringybark trees, noted as the tallest in the world, amid efforts by conservationists to safeguard these towering specimens from logging and development.
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Australia
Wheat and grain prices and receipts report from Minneapolis
Minneapolis reports wheat receipts totaling 802 cars this year versus 465 last year. Cash quotes list No 1 northern wheat at 216 1/4 to 216 1/2. December 32.11 to 32.14, March at 32.15 to 32.16. No 3 yellow corn 89 1/2 to 90. Oats No 3 white 50 1/2 to 50 3/4. Barley 72 1/2 to 95 0? Rye No 2 1.66 to 1.67. Flax No 1 2.92 to 2.94. Flour unchanged to up 20 percent. In carload lots family patents 11.50 to 11.70 a barrel in 98-pound cot ton sacks. Shipments 50,406 barrels. Bran 30.
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Minneapolis
Copper and metals market report from New York
On October 14 in New York copper was nominal with producers silent on quotes. Small electrolytic sales in the open trade at about 17 cents. Iron and antimony unchanged. Tin weak at 39 to 40 dollars for spot and futures. Lead easy at 7.40 to 7.75 dollars. East St. Louis spot lead around 7.20.
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New York
East St. Louis
Mines and Mining Additions Boost Nei Hart Consolidated Output
Nei hart Consolidated Silver Mining adds to day shift to 20 men and plans a full night shift as crews become available. Another carload of ore shipped this week, with expectations of increasing shipments to at least one car weekly. The mine is in excellent shape with stopes opened and production projected to remain steady for months. Superintendent Drtnville says little development will be attempted soon as ore in sight should sustain operations. Homestake Holding company of Livingston files incorporation to develop the Cooke City mining district, with G. L. Tanzer, James A. Wood, and J. J. Black on the board. Helene hosts a milling and smelting center. East Helena houses the American Smelting and Refining plant, the state’s only lead smelter. The New York Montana Testing and Engineering plant and United States assay office are in Broadwater Helena. Copper stocks are rising again to prewar levels, yet profit remains slim for low-cost producers. Copper prices at 17-18 cents a pound reflect tight margins amid weak demand, with inquiries fading after last price-cutting drive. Montana-Idaho Copper company at Adair reports a 6,000-foot tunnel through Wallace or Newlands quartzite, entering a dio rite intrusion. Veins and ore shoots appear at intrusion contacts. 2,000 feet remain to reach the Monitor shaft, while 900 feet more were crosscut toward the Richmond vein.
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St Mary Ee
Superior Sen Eee Sae
Trinity
Tuolumne
Ee Ee
U. S. Smelt Com
Vo . Ae
Utah
Apex Utah Cons
Utah Metals
Lackawanna Cen Ee
Winona We
Lee Tire Ee
Wolverine Ee
Mexican Petroleum
Wyandotte
Maxwell Motors
North Butte Sees
Miami Copper Wee
Midvale Steel
Missouri Pacific
Mont Power Ee
Lauzier- Wee Company
Sked
Bay St. Gas
Bohemia
Nevada
Butte & London
Butte-New York
Central
Barnes Wing
Son Boston & Montana
Northern Pacific
Calumet & Montana
Nova Scotia Steel
Cascade
Amer Ppoe Ie
Pennsylvania
People's Gas
Pierce-Arrow
Crown Res
First National
Amer
Pittsburg
Holton
Am. W. Pap
Pond Creek
New Douglas
Amer. Tobacco
Ry. Steel Springs
Ss. W
Cape Ws
Tonopah
Belmont
United Verde
Gl & Tel
Republic
Eg Wright-Martin
Bethlehem Steel
Stromberg
Baltimore & Ohio
Studebaker Co
Bosch
Butte Copper
Butte & Superior
Tennessee Copper
Butte Jar M
Butte Cop & Zinc
Texas Co
Bethlehem Motor T
Texas & Pac
Butte Ramsdell
Calif. Petroleum
Eee
Canadian Pacific
Canada
Union Oil
Aeak
Cascade Silver
Chesapeake & Ohio
United Alloy Steel
Douglas
Sneer
Chic
M & St
United Fruit
Ely Consolidated Ec
Chicag & R
Chandler Motor
Chile
Colorado
U Steel
Red Rover
Crucible Steel
Seattle
Calif
Cerro de Pasco
Columbus Gas
Western Union
Lauzier-Walcott Cemreny
Denver & R Grande
Westinghouse A
White Motors Fear
Wilson & Co
Willys-Overland
Swift & Co
Worthington
Armour & Co
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Montana
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Keystone Tire
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Lauzier-Walcott
Burke Oil
Wyo
Cosden Se Ewes
Butte Upton
Elk Basin
Chappell
Federal Oil
Cat Creek
Glenrock
Decker Collins
Son of Metro Pet
Dillon Oil
Merritt
Elkhorn
Mid-West
Corp Eeaee
Midwest Oil Com
Gates
Northwest
Great Western E. Okmulgee
Greybull & Mont
Sapulpa
Et Kansas Montana
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Boone
Minin Roy
Caledonia
Seer Eerer
Stellar Oil
Magma
Neihart Consolidated Silver Mining Company
Neihart Mining News
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Helene
East Helena
American Smelting and Refining Company
Broadwater
Helena
New York- Montana Testing and Engineering Company
United States Assay Office
Boston News Bureau
Japan
Montana-Idaho Copper Company
Adair
E. J. Kirby
Wallace
Newlands
Mr. Kirby
Coeur d'Alene
Richmond
Oil Roundup Notes Promising Wells and Transfers
Roundup reports from the Van Duzen Discovery well indicate the cable knife obstruction may be moved, allowing grappling for lost tools and rapid progress to the second sand. Other notes include transfers of Pole Creek interest to Montana Consolidated, casing work at Willow Creek, gas finds at Ragged Point dome, and plans for test wells at Antelope structure and Howard coulee with renewed statewide oil activity.
MENTIONED IN THIS ARTICLE
E. G. Lewis Association Hr
Pole Creek
Montana Consolidated Oil Company
California
Montana Pioneer Oil Company
Willow Creek
Ohio
Ragged Point Dome
Colorado
Lakota
Dunkota
Cat Creek
The
Ohio Company
Howard Coulee
Big Wall
Victory Oil Company
Cricket Fights Stir China Markets and Gambler Interest
Crickets are popular across China for their song and for fighting matches. Enthusiastic gamblers wager large sums on champions in these contests, reflecting widespread interest beyond mere entertainment.
MENTIONED IN THIS ARTICLE
China
Spindles in Japan Mill Output Gap Estimated
The article notes that if Japanese mills had secured deliveries from English and United States builders since 1914, they would possess about 5,056,000 spindles. In reality the number is not more than 3,250,000 spindles, signaling a shortfall in equipment.
MENTIONED IN THIS ARTICLE
Japan
United States
Market report shows stable prime mercantile paper and rates
NEW YORK Oct 14 prime mercantile paper unchanged and exchanges easy. Demand 3.48 percent with cables 4 Francs 6.55 6.57 Belgian francs 6.90 6.92. Gulden 381 cables 31.10 Lire 3.90 8.92 Marks 1.45 1.46 Greece 9.60. New York exchange on Montreal 10 percent. Time loans steady. Call money strong high 10 percent low 9 percent ruling rate percent offered at 10 percent last loan 10 percent.
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New York
Gulilders
Greece
New York Exchange
Montreal
New York and London Silver Prices Report
New York on October 14 reports domestic silver unchanged bar price and foreign at 85 and 65 percent for Mexican dollars. London market notes October 14 bar silver at 554d per ounce with money and discount details incomplete.
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New York
London
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Tanzier-Wolcott Statistical and Mining Department
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AOME
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Tanzer
Cooke District
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van Duren
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Andrew 3. Davis
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W. A
Butte Anaconda
Billings
Logan & Bryan and
Hayden Stone CO
Lauzier-Wolcoit Company
le Butte
E. Broadway