World Markets Digest Signals Market Recovery After McKinley News
New York September 9 shares traded five hours vs two on Saturday signaling subdued nervousness. Buoyant prices followed reports of President McKinley’s improving condition and bank support for the market. Treasury action considered, money rates stabilized near 6 percent while exchange and bond values fluctuated, with stocks closing near session highs and notable recoveries in railroad bonds.
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New York
Stock Exchange
McKinley
Suy- Loren
Clearing House
Gage
Treasury Department
Secretary of the Treasury
Sterling
Continental Exchange
Chicago Exchange
Chicago
New Orleans
St. Paul
United States
Money Market Summary From New York Financial Desk
Money on call firm at 2 percent with last loans 2 percent. Prime mercantile paper 5 5 1 2 percent. Sterling exchange steady at 4 84 for demand and 4 82 1 2 for 60 days. Postings show bankers' bills and rates. government and state bonds steady. railroad bonds irregular.
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New York
Prime Mercantile
Sterling Exchange
Actua
Trading in tin and metals signals weakness in New York market
Tin in New York traded slowly as London prices fell amid abundant spot supplies. Copper and lead held steady with minor changes while Spelter stayed dull both here and in London. Iron markets remained dull with pig iron warrants and regional prices listed for several foundries. Bar silver quoted at 184 cents.
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New York
London
Lake Superior
Northern Foundry
Southern Foundry
Glasgow
Middlesboro
Wheat opens steady as grain futures ride stock market tone
Chicago wheat trades steady and light amid stronger stock market, cash premiums support bull mood. December opens unchanged to higher, gains on strength in cuts and rain delaying corn, with December at about 354 3/4. Provisions rise with light offerings lifting January pork and lard and ribs.
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Chicago
Buffalo
Nailige, Closing Strong and ‘Ec Higher At Tle
Omaha Livestock Prices and Census Cotton Data
Omaha market notes show cattle receipts at 4 200 with varied steers and cows and heifers priced up to 4 75 while hogs move higher with heavy at 6 55 and bulk around 6 40. Sheep market steady with lambs 3 75 to 4 50. Washington census bureau reports 1901 cotton output 106,486,1719 pounds, compared to 1499.
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Chicago
Texas Fed
Texas
Western
Omaha
Washington
Census Bureau
Four room house built complete with plans furnished
Realty ads note a four room house ready for use with plans provided at $10 while other listings include scavenger and real estate notes. Listings mention Butte addresses and local merchants plus market prices for bales and silver as of London reports.
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Taylor
Mgr
Quartz
Butte
Anaconda Road
W. Mercury
Alabama
Excelsior Ares
Main St
Broadway
West Side
Park
Morley & Thomas CO
K. Woolman
City
T. G. Wilson
N. Main St
Stanford Real Estate
N. Main
Treasury Statement shows cash balance and gold reserve
Treasury balance figures list available cash of 182 730 501 and gold total of 14 982 057 in the general fund excluding the 150 million gold reserve in the division of redemption.
MENTIONED IN THIS ARTICLE
Washington
Sept
Treasury
August Trade Board figures show import and export declines
The board of trade report for August records a drop of £1,159.90 in imports and £779.10 in exports, reflecting a narrowing trade balance for the month in London.
MENTIONED IN THIS ARTICLE
London
Board of Trade
Gage urged to increase bank deposits to ease money market
Milburn House Buffalo reports New York financial institutions press Secretary Gage to boost national bank deposits to free funds for crop needs. Gage declined to preview actions and said he will decide once he reaches Washington.
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Milburn House
Buffalo
Gage
New York
Treasury
Washington
Treasury relief call sent to Secretary Gage via Clearing House
A telegram released at the New York clearing house urges Secretary Lyman J. Gage to act on treasury money absorption and currency demand for crop movement. Chairman KE. D. Tappen signs as Clearing House Committee chair urgently seeking circulation of surplus for business.
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New York
Stock Exchange
Clearing House
Lyman J. Gage
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Butte, Mont
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Houbes
Galena
J. H. Farigs & Co
Hamilton At
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E. Willey
St. 1
Missouri Ave
Weicht
John Nance
Caledonia
Marie Eustafsen
D. B
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K. P
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Burlington
Mont
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Rubenstein & Co
Main Springs
Tel
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George E Bshale
Montana & Porphyry
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California Ave
Delaware
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Washington St
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Hamilton, Mont
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Anaconda, Mont
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Jewel Reservoir
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Helena
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Academy
Jacob Helwig
Standard, Butte
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George St
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E. Park, Butte
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Erwrea Ee Eee
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N. Main Et
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Tailorns
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T. A. Grigg
Ocu Practice Limited
Broadway Butte