Bears Seek Cover as Regulatory Lows Lift Market
New York stock action shows another unsettled day with large gains in speculative issues prompting further short covering. Steel, shipping and equipment shares lead the advances while profit-taking trims 1 to 3 points at the close. Crucible Steel and Atlantic Gulf advance, with notable moves in Baldwin Locomotive and May Department Stores among the few decliners.
MENTIONED IN THIS ARTICLE
New York
Bears
Cruscible
United Trust
Mexican Petroleum
Bethlehem Steel
Baldwin American Locomotives
Atlantic Gulf
Mercantile Marine
May Department Stores
Virginia-Carolina Chemical
Suere American International
American Woolen
Crucible
Exis
Vanadium
Republic
Baldwin Locomotive Sant
Chicago
Pneumatic Tool
Utah
Endicott-Johnson
Union Pacific
London
Exchange New York Price Report on Jan 11
Prime mercantile paper unchanged and exchange strong. Sterling demand 83.75 with cables 8.7554. Francs demand 6.17, cables 6.19. Belgian francs 6.48, cables 6.50. Guilders 33.00 demand, cables 3.10. Lire 3.64 demand, cables 3.66. Marks 1.44 demand, cables 1.45. Greece 7.60 demand. Montreal 12% discount. Time loans steady. Call money steady high 7 low 6, ruling 7, closing bid 6, offered 7, last loan 7.
MENTIONED IN THIS ARTICLE
New York
Greece
Montreal
Metals News New York Market Summary
METALS NEW YORK January 11 Bar silver steady for domestic and foreign markets 65 4 cents Mexican dollars unchanged indicating stable precious metal pricing across sectors with no notable shifts in demand or supply described in brief market note.
MENTIONED IN THIS ARTICLE
New York
Grain price report from Chicago and Minneapolis
Chicago wheat prices ranged from No 1 hard at 1.94 and No 2 hard at 1.93 with corn at 69 to 74 cents and rye at 1.68. Minneapolis futures show flour up 10 to 20 cents and cash grain including No 1 northern wheat 1.78 to 1.87, corn 61 to 68 cents, oats 42.5 to 43.0, barley 76 to 89, rye 1.62 to 1.68, flax 2.04 to 1.05. Wheat receipts 177 cars versus 309 year ago.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Minn
Omaha Wheat and Livestock Markets Reported Across Cities
Omaha noting grain prices for No 1 hard and mixed wheat and various corn and oats values. Chicago and Omaha markets show cattle hog and sheep receipts and price ranges with highs for top steers, hogs, and lambs. Denver reports larger cattle runs with price bands for fat cows steers and hogs. Mention includes health leave for a Union Pacific official named Did Smith, brother of Denver dispatcher Henry Smith.
MENTIONED IN THIS ARTICLE
California
Mr. Smith
Telegraph Department
Union Pacific
Did
Henry Smith
Denver
New Manager of Local Stockyards in Laramie
Laramie Wyo Jan 11 Bert Roberts has been made manager of the Laramie and Cheyenne stockyards of the United States imports more stockyard oil from the Philippines than from any other source H A Smith managing the oil operations for the company says the shift aims to boost efficiency and service at the stockyards while early shopping chatter and a cranky 6 o'clock start set the tone for the new leadership.
MENTIONED IN THIS ARTICLE
Larami
Wyo
Bert Roberts
Laramie
Cheyenne
United States
Ompany
Philippines
H. A. Smith
Also Mentioned on This Page
Wyoming
Air Mail
Fort Russell
Mercantile Marine Preferred
Swift’s
Pais
Swift
Pioneer Morning Beam
Grocerteria
Croegm
Omaha
United States Bureau of Markets
Neb
U. S. Bureau of Markets
Boyden
Boyden and Stetson
Gale
Cale
Burt
Goodyear
Provals
Ber Footwear
Capitol Ave
J. D. Connelly
E. A. Meyer
Cheyenne, Wyo
Buster
Fawn
Ferce
Tor Ghu Ito
Og Tins
Party
Gan
AS . Tigh
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