Live Stock Markets Report From Indianapolis Yard May 17
Cattle receipts slight. weekly demand strong with prices up for fat stock. Top steers 7.50, cows 5.50, bulls 4.75, calves 7. Hogs receipts 4,000. market steady to higher with top 7.40 for heavy and 7.10 for lights. Sheep and lambs receipts 1%. week’s market steady with top lambs 7.40 and yearlings 6.60. Interstate notes show cattle steady in Kansas City and St Louis with varied hog prices across markets.
MENTIONED IN THIS ARTICLE
Union Stockyards
Indianapolis
Hi Pers
Helfers
S&h
Snesses Bower
Kingan & Co
Seoeenese
Interstate
Hoelce
Kansas City
Oice
Texas
Ateas
Pe Sanesi
Texan Ee Ae Hee
Texas Fed
Colorado
ST. Louis
Eae Dutcher
New York
South Omaha
East Buffalo
Louisville
Hird
Cincinnati
Prices Slip Then Stabilize On Bank News And Coal Strife
New York May 17 Prices fell in early trading as fear of a national coal strike rattled markets but largely recovered after the bank statement. United States Steel dropped below 4 as Colorado Fuel led losses while concerns about bituminous coal disruption lingered. The weekly bank report showed a cash decline of over a million but deposit liabilities shrank by nearly five million due to loan contraction. Banks reduced loans by about 22 million, with trust companies financing much of the activity. Sentiment shifted to readjustment in stocks and money markets, aided by international lending and a weaker sterling market. The anthracite strike increased caution, with government reports highlighting wheat and corn conditions as key to future prosperity.
MENTIONED IN THIS ARTICLE
New York
Colorado
United States Steel
London
Webb-Mayer
Sterling Exchange
Wall Street
Iron and Steel
United States Steel Corporation
United States
Market and exchange notes from Berlin to New York
In Berlin and London, checks and short bills see discounts of 1 percent and two percent for three month bills. New York reports bar silver at 514c per ounce and Mexican dollars at 42c. London closes silver at 274d. The Port of New York records weekly imports of dry goods valued at 10,641,755 dollars and total weekly specie exports of 567,920 in silver and 19,000 in gold, with 15,874 dollars in gold and 5,408 dollars in silver imports.
MENTIONED IN THIS ARTICLE
Berlin—Exchange
London
New York
Sua
Treasury balances show available cash and gold reserve
Washington report of general fund balances excludes the $19,100 gold reserve in the division of redemption. Available cash balance is $188,005,559 and gold reserve totals $97,612,200.
MENTIONED IN THIS ARTICLE
Wastiington
Treasury
Weekly Bank Statement Shows Large Loan Decrease
New York weekly statement reports a $22,908,100 decline in loans. Deposits fell $24,073,700 while circulation rose $43,400 and surplus increased to $4,885. Banks held $8,346,935 above reserve requirements under the 2 percent rule. The Financier notes the striking feature as the loan reduction.
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New York
New York Associated Banks
Mexican National Railroad Organization
Stock Exchange
Boston
New York Clearing Banks Reserve and Loan Totals
New York Financier publishes a table of city banks showing loans deposits reserves and legal and other items. The figures list Bank of New York Manhattan Merchants National Mechanics National American Phenix National National City Chemical National and many others with totals and reserve percentages.
MENTIONED IN THIS ARTICLE
New York
Associated Banks of
New York City
Rates on Loans and Exchanges and Balances
Indianap olis commercial paper 4 96 percent time loans 5 76 percent. Clearings 1 862 643 22 balances 217 704 23 New York call money nominal no loans prime mercantile paper 14 5 percent Sterling exchange firm actual business in bankers bills 4 8 7 percent for demand 4 54 4 84 percent for sixty days posted rates 4 5404 54 percent and 0 872 4 88 commercial bills 4 530 54 Clearings 217 435 355 balances 0 418 550 Chicago posted exchange 4 55 for sixty days 4 87 percent on demand New York exchange Side premium Clearings 23 976 467 balances 1 459 135 Boston Clearings 22 651 082 balances 1 390 981 Philadelphia Money 44 6 percent Clearings 21 876 534 balances 2 359 599 St Louis Money steady at 2 46 percent New York exchange c premium Clearings 7 840 452 balances 758 477 Baltimore Money 5 85 cent Clearings 4 255 500 balances 573 564 Cincinnati Money 4 6 percent New York exchange 3 c premium Clearings 2 647 450 London Money 14 2 percent discounts 24 213 16 Consols 3 16 percent Paris Three cent rentes 1W 10 for the account on London St
MENTIONED IN THIS ARTICLE
Indianapolis
New York
Prime Mercantile
Sterling Exchange Firm
Chicago
New York Exchange
Boston
Philadelphia
ST. Louis
Baltimore
Cincinnati
Market closes heavy as bank statement sparks selling
New York May 17 The street pressured by strike mood as readings fell. Reading stock hit a new low and steel issues weakened with large liquidation. C F I also lagged. Bank statement diverged from forecasts showing cash drop of 1.1 million, loans down 23 million, deposits off 24 million. Surplus reserve dipped to 8.5 million. Market briefly rallied after the report but ended near day’s lows.
MENTIONED IN THIS ARTICLE
Meyer & Kliser
New York
Reading
Brailee Driver Collides with Teen Pedestrian in Toledo
James T. Brailee, noted independent telephone magnate, sped through Toledo today when his car struck thirteen year old May Schook who was riding a wheel. The girl was killed almost instantly, authorities reported.
MENTIONED IN THIS ARTICLE
Toledo
James T. Brailee
May Schook
No Life in the Trade Grains Narrow in Chicago Close
Grain traders saw little to excite in the week end session on the Chicago Board of Trade. Wheat slipped to 74 3 4 cents as July contracts eased with limited demand and mixed receipts. Corn and oats also finished softer, while provisions held steady amid light hog runs and stable lard prices. Receipts and Manitoba crop notes hint at tepid trading with weather favoring crop development elsewhere.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Northwest
Manitoba
Liverpool
London
Minneapolis
Duluth
Seaboard
Kansas City
St. Louis
Northwestern
Wheat and flour prices mixed after modest New York session
In New York on May 17, flour receipts reached 14 642 barrels while exports stood at 15 465 barrels. Prices showed dull but steady support for winter patents and straights with Minnesota and state grains firming. rye and corn markets mixed with weak overall tone as receipts and weather cues influenced trading.
MENTIONED IN THIS ARTICLE
New York
Minnesota
City
Brandywine
I. F
Duluth
Manitoba
Bsc
Hasac
Pacific Coast
Galveston
California
Texas
City Extra India
Japan
New Orleans
Rio
Sige
Cordova
Ugar
Trade in General Quotation Reported in Several Cities
In St. Louis on May 17 flour quotes show red winter tent prices around 3.66 to 4.20 per unit, with extra fancy and straight grades mentioned. The dispatch lists general quotations from St. Louis, Baltimore, Cincinnati and other markets as traders monitor grain demand.
MENTIONED IN THIS ARTICLE
ST. Louis
Timothy
Market report with mixed grain and commodity prices
Several regional price updates show wheat, corn, oats, and flour fluctuating. No. 2 red wheat at various markets ranges near 1.5 to 2.0 per unit, with barley firm in Milwaukee and oats steady in Minneapolis. Freight and track prices listed for hay and potatoes, with London and Baltimore price references for flour and bacon.
MENTIONED IN THIS ARTICLE
Ste
Rey
Pew
Liverpool
Queen
Mts
London Pacific
Ste. Jong
American Prime Western
Talloway
London
Louisville
Baltimore
Kansas City
Duluth
Minneapolis
Northern
Tite
Milwaukee
Market Reports and Price Movements Across Cities
New York and other markets show firm butter and steady cheese with varied regional quotes. Reports cover creamery, standard and fancy grades, receipts, and wholesale rates for butter, cheese, eggs, and turpentine related goods, with city-by-city price snapshots and movements.
Market report shows slow New York trading on May 17
New York markets were slow and unsettled with copper around the quoted level and zinc near 44 1 2 cents. Metals firmer in St Louis with feed steady at 2.97 and spelter strong at 4. Strong cotton activity in New Orleans with 37 bales sold and middling grades noted amid receipts.
MENTIONED IN THIS ARTICLE
New York
ST. Louis
New Orleans
Wool trade notes and quiet New York markets
In St Louis on May 17 a brief domestic wool market update mentions fine wool and a general wash of prices. In New York on May 17 the wool market is reported as quiet with domestic figures subdued.
MENTIONED IN THIS ARTICLE
ST. Louis
Medias Ces
New York
Clean crisp money question from Washington trip
A woman returning home from Washington reports she cannot obtain the clean currency used in the capital. She asks how to secure it in her Western town, noting stores refuse, bankers demand fees, and treasury officials may supply it for a price. The tale hints at a bank counter squeeze and mentions Kankakee.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Washington
New York
Treasury
Sam
Moat
Kankakee
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