Financial and Markets Advance on Broad Stock Rally
Speculators drove a sharp weekly advance lifting Industrial and railroad averages to near year highs. Bond prices rose to multi year highs as sterling neared parity with the dollar. Oil and steel prospects improved, while public utilities showed profit taking after a broadening market with heavy volume. Frisco stock eased after dividend doubts. equipment spending outlined at 750 million. Wheat and corn swung with rain and cold in the northwest. May futures slipped while July held, oats firmer. hog futures fell.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Iterstate Commerce Commission
Hough
Frisco Common
Chicago
Wheat market rises on lower US winter crop outlook
Chicago and Kansas City grain markets firm as unofficial estimates cut the US winter wheat yield by 8 million bushels and 1.5 percent for twenty countries. Prices for new crop wheat gain while May delivery and corn hold steadier amid supply shifts. Hog and cattle prices move with grain trends as livestock receipts and values adjust across multiple markets.
MENTIONED IN THIS ARTICLE
Chicago
United States
Canada
Minneapolis
Kansas City
Omaha
Livestock Market Report Chicago May 23 Hogs Cattle and Sheep News
Livestock market figures from Chicago show hog receipts at around 5 000 with declines in some categories and prices from 11 85 to 12 80 for various hog classes. Cattle receipts 500 with better fed steers up slightly while fat cows and canners show mixed movement. Sheep receipts 1 000 with fat lambs weak to 25 cents lower and prices for California and native stock and ewes provided.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept. of Agriculture
trans-Missouri
California
Hog Prices Fall Across Weights at Omaha Market
Hog receipts reach 140 predominantly lower than Friday by 25 to 35 cents. Better grade butchers range 11.85 to 12.00 per hundredweight, while plainer grades including sprinklings and packing sows sell around 11.60.
MENTIONED IN THIS ARTICLE
Omaha
U. S. Dept. of Agriculture
Hogs and cattle price report from St Joseph stockyards
Hogs receipts 400 with prices 12.15 top and 11.90 12.10 bulk. Cattle receipts 100 with steers 8.75 10.50 week bulk, top 10.75. Cows and heifers 3.25 19.00, calves 4.50 9.00, stockers and feeders 5.00 8.00. Sheep receipts 12.00 with lambs 13.50 14.50, ewes 6.50 ?00.
MENTIONED IN THIS ARTICLE
Bologna
St. Joseph
Curb OTL New York and Prairie Pipeline Rates Reported
A terse market note from New York on May 23 lists curb o tl close figures for Prairie Pipeline 12044 and Standard of Indiana 68 percent versus Standard of New York 4434 and Continental 264 percent with blank entries for New Bradford and Salt Creek consolidated.
MENTIONED IN THIS ARTICLE
CURB
New York
Prairie Pipeline
Standard of
Indiana
Standard of New York
Continental
New Bradford
Salt Creek Consolidated
Liberty bonds closing prices reported in New York
On May 23 in New York Liberty bonds closed with the 1st 4. registered at 101.2 for 448. The 2nd 4s stood at 101.13. The 3rd and 4th 4s traded around 101.26 and 102.15. U S government 4s marked 106.8 and US government 4s at 102.14.
MENTIONED IN THIS ARTICLE
New York
U. S
Large Profit Taking Sends Stocks Higher Despite Setbacks
New York May 23 large volume profit taking interrupted but did not reverse the overall rise in prices. United States Steel and American Smelting led losses while Nash Motors rose five points to a record 4 29 and Wright Aeroplane advanced 4 .
MENTIONED IN THIS ARTICLE
New York
United States Steel Common
American Iron and Steel Institute
Great Britain
United States
Nash Motors
Wright Airplane
Maydeus Tueht
Brown Shoe
Lackawanna
Agricultural Chemical Preferred
Foreign exchange rates steady in New York trading
May 23 report shows cents quotations for multiple currencies and markets worldwide. Great Britain and French bids quoted, with cables and bank bill figures, plus rates for Germany Italy Belgium and several others including Argentina Brazil Tokio and Shanghai.
MENTIONED IN THIS ARTICLE
New York
France
Italy
Germany
Holland
Norway
Sweden
Denmark
Switerland
Spain
Greece
Poland
Czecho-Slovakia
Jugo-Slavia
Rumania
Argentina
Brazil
Tokio
Shanghai
Montreal
Chicago Market Prices for Grains and Provisions
Chicago on May 2 reports grain and feed prices with wheat hard at 68 percent and 61.69 for No 8 hard 1.647, corn No 2 mixed 113 percent and No 2 yellow 1.17, oats No 2 white 46 48, No 3 white 44 45, rye No 4 1.10, barley 7.28 percent, timothy seed 6.75, clover seed 17.00 25.90, jard 15.77, ribs 17.56, bellies 20.25.
MENTIONED IN THIS ARTICLE
New York
Chem
Sm & Itel
Tchison
Coast Line
Ethiehem Steel
Alifornia Pet
Anadian Pac
Ent Lea
Erro de Pasco
Jandler Motor
Eveses Encceeere
Hic
Esapeake
Ohio & Northwestern Bs P
Mil & St
Ie R I, & Pac
Scbesesece
Prescote
Hifa
Orfolkk & Western
Nelair Con
oss-Shelf Steel
Uthern Pacific
Uthern Kype
Andard i
iLillys-Overland
Oolworth
Bros
Chicago
Potatoes Market Reports Across States May 23
In Chicago dated May 23 receipts show new 5 and old 42 cars. U S ship ments total 750 with heavy demand and slow trading. Prices little changed. Wisconsin and Michigan sack No 1 round whites 1.05 to 1.15. bulk 1.00 to 1.10. fancy shade higher. Alabama Louisiana sack Bliss No 1 2.65 to 2.90. No 2 1.50 to 1.60. New stock supplies moderate with slow demand and trading. slightly stronger undertone.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Wisconsin
Michigan
Alabama
Louisiana
Bliss
Silver Prices Across Markets May 23
London reports bar silver at 314d per ounce while New York quotes bar silver at 67 1 2 cents and Mexican dollars at 52 cents.
MENTIONED IN THIS ARTICLE
London
New York
Idaho Hide & Fur Co. price list for hides and wool
Furnished daily by the Idaho Hide & Fur Co. in Pocatello Idaho the notice lists prices for hides green salted and dry including horse hides at 2.00 to 3.00 per size, sheep pelts dry long wool 19 cents, wool between 20 and 35 cents, with various other rates for calf kips and ponies.
MENTIONED IN THIS ARTICLE
Idaho Hide & Fur Co
Pocatello
Idaho
King and Gallagher Reach Rocky Mountain Tennis Finals
Neil King of Denver University and Gal Gallagher of Utah University advanced to the Rocky Mountain Conference finals by defeating Brigham Young and Colorado entrants respectively. King edged BYU’s Battle of Brigham Young in three sets 10-8 2-6 7-5, while Gallagher defeated Bosworth of Colorado in straight sets 6-0 6-2. Goddell and Christianson of Utah beat Custer and Russell of Colorado 6-2 6-2 in the semifinals.
MENTIONED IN THIS ARTICLE
Boulder
Colo
Neil King
Denver University
Gallagher
Utah University
Brigham Young
Colorado University
Battle of Brigham Young
King
Bosworth
Colorado
Goddell
Christianson
Custer and Russell
Deputy Sheriff Shot in Salt Lake City Arrest Attempt
Deputy Sheriff A. S. Nichols was shot in the chest and Frank A. Horton was shot in the head in an early morning exchange on Tenth East Street. Horton and a youth named Everett McDaniel from Rawlins Wyoming resisted arrest for a suspected stolen car. Neither man is believed to be seriously wounded.
MENTIONED IN THIS ARTICLE
Salt Lake City
A. S. Nichols
Salt Lake County
Frank A. Horton
Cheyenne
Wyo
Tenth East
Horton
Everett McDaniel
Rawlins
Wryo
Nichols
Korton
Foreign firms fund over half Mexico ads to push goods
Advertising in Mexico is increasingly financed by foreign firms. The trend aims to boost sales of foreign products.
MENTIONED IN THIS ARTICLE
Mexico
President Coolidge to Work in Swampscott Summer
A 1925 profile by David Lawr describes Calvin Coolidge as a tireless worker who will likely conduct substantial public business from the summer capital in Swampscott Massachusetts. It notes regular hours, late nights at the White House, and planned mail arrangements and cabinet consultations during his ten week absence for renovations.
MENTIONED IN THIS ARTICLE
David Lawr
Washington
Coolidge
Swampscott
Mass
Seeranne
Calvin Coolidge
White House
Tr. Coolidge
Mr. Coolidge
Scott
Herman Mayers Bout Ends In Cal Featherweight Victory
Babe Herman of California defeated Lew Mayers of Baltimore in a 12 round featherweight bout in Baltimore. Herman led throughout as Mayers gave a spirited challenge. both fighters weighed under 128 pounds.
MENTIONED IN THIS ARTICLE
Herman-Mayers
Baltimore
Babe Herman
California
Lew Mayers
Herman
Mayers
Reclamation to Reach South Atlantic States
The bureau of reclamation will broaden work beyond the west to include neglected Southern states. Congress authorized 100000 for old states, with initial focus on North and South Carolina. Conferences with North Carolina Governor McLean on May 29 and South Carolina Governor McLeod in Columbia on June 2.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Reclamation
Department of the Interior
South Atlantic
Congress
North
South Carolina
McLean
McLeod
Columbia
Brotherhood of Railroad Trainmen voted to boost member insurance
In Cleveland on May 23 the Brotherhood of Railroad Trainmen approved using its $6,000,000 insurance surplus to raise member policies and cut premiums from $13.33 to $12.85 per $1,000 annually. The fund began 38 years ago amid difficulty obtaining brakeman coverage and higher accident rates.
MENTIONED IN THIS ARTICLE
Cleveland, O
Brotherhood of Railroad Trainmen
Gas Blast Kills Three at Glen Alden Coal Mine
In Wilkes Barre Pennsylvania three men died and five were seriously hurt when a gas explosion rocked the Woodward colliery of the Glen Alden Coal Co. The blast struck the No. 1 shaft top red ash vein about 1,150 feet below the surface, one mile from the shaft foot.
MENTIONED IN THIS ARTICLE
Wilkesbarre
Woodward
Glen Alden Coal Company
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the Charmer
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South
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Chichester i Exes
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South Arthur
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Francis Ferguson
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ESTER
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Det Farley