Red Lodge picket. [volume] (Red Lodge, Mont.) 1889-1907, 1896-02-29
MARKET REPORTS BY TELEGRAPH
Reaction Was the Order of the Day on
Wall Street.

|
Wall Street
New York Feb. 25.-Reacton was tn
order of the days stock speculation tn
initiative coming from London. where
| lower market for American securities wa
| reported.
The stock market opened lower under
| discouraging influences of a reaction il
Americans in the London market and mod
| crate sales for that account here. Con
! cessions in prices We're fractional. with
| the exception of leather preferred which
| s1umped 2$s per cent to 654 Missouri
| Paclflc loomed into prominence soon after
the opening, and on purchases mainly to
cover short contracts, rose 1ss to 2i&s
| Near midday Manhattan yielded per
cent to 1912. The general list also dis
| played a reactionary tendency, with West
ern Union leading.
Money-Easy at 304 per cent; closed at
303la per cent.
Sterling eXchange-Steady; s4.S71204S7a4
for demand, and s4.S6AM4S612 for 60 days
MINING STOCKS
Bulwer &c. Crown Point SOC, Consoli-
dated California and Virginia So Dead
wood soc. Gould & Curry 3Sc, Hale & Nor
cross S1.15. Homestake $50, Iron Silver 22c
Mexican SOC, Ontario 81, Ophir S1.25, Ply
mouth 2oc, Quicksilver $1.S7, Quicksilver
preferred $3.50, Sierra Nevada 800, Stand
ard $l.90. Union Consolidated soc, Yellow
Jacket 35c.
TACOMA WHEAT.
Tacoma, Wash, Feb. 5-Notwithstand-
ing the advance at Liverpool and Chicago
the market today showed no change in
local wheat. Quotations for export, club
5Sc, bluestem Gle.
PORTLAND WHEAT.
Portland, Or, Feb. 25.-The wheat mark
ct is unchanged.
SAN FRANCISCO GRAIN.
San Francisco, Cal, Feb. 25.-Wheat-
Spring wheat, S1.1212@1 .13$4 for No. /, and
S.l5 for choice; milling wheat, 81 .22latu
1.2712
Barley-Feel, fair to good. roc: choice.
71i4M72lac: brewing, S0M85c.
Oats-Millng, 75GlS0c; Surprise, 90c@$1;
fancy feed, S0QlS5c; good to choice, 75MS0c;
poor to fair, 67l2Gt70c; black for seed, 75c0
S1.2o; gray, 75GSoc.
CHICAGO GRAIN.
Chicago, Feb. 25.-Wheat had another
strong opening because of Liverpool open
ing showing another advance of $4d, and to
the operators having carried over from
the previous day a good deal of bull feel
ing engendered by yesterdays news. Fur
ther news from Argentine showed the
damage to the wheat crop of such serious
character as to promise a reduction of the
exportable surplus to about 100000
bushels.
Close: May wheat, 67$s; corn, 51c: oats,
2112c. Receipts: Wheat, $4,000 bushels:
corn, $4,000 bushels; oats, $4,000 bushels.
METAL QUOTATIONS.
Bar silver 6S3sc.
Copper-Firm; brokers' price, SO. .S712 ex-
change price, $11M11.15.
i4ead-Firm brokers' price, 50. 3.121s; ex-
change price, s32oQ3.221
WOOL MARKET
Boston, Feb. 25.-The condition of the |
wool market is not materially different !
from last week. The prices are being |
but if anything there is
slight falling off in activity, the business
Of the past week being less than any week
this year. In territory the long staple |
wools that can be combed maintained a |
steady tone, although the recent sales
have been slow. There has been little
business in fleece woods, but the market |
is slow within last weeks prices maintain
ed The market for Australian wool con-
-inued firm and the demand holds up Well |
under the present duh conditions. The !
are quotations for some leading
descriptions:
Territory wools-Montana fine medium
tana No. 2 medium, 14n16c; secured, 320
Sc; Utah, Wyoming, etc, fine medium and
ine. 10Gll3c; secured, 34036c; No. medium
I2M14c; secured, 32c
California wools-Northern spring, 110
5c; secured 33M36c; middle county spring
LlGt13c; secured, 32ltS3c.
LIVE STOCK.
Chicago, Feb. 25.-Cattle-There was the
usual light Tuesday run and although
he demand did not call for a large num-
GER Yesterdays advance was maintained |
The sales today were on a basis of $1,000 |
l. 10 for common to strictly choice native
dressed beef and shipping cattle. Cows
and heifers brought 81. .50G350; calves,
plentiful and sold freely. Stockers and
feeders brought s32OM3.70.
IIogs-The prices continued on the down |
grade and packers purchases his morning
were largely at $39o04; shippers paid $40
.50 for most Of their selections. Sales We're
1t an extreme range of So. .S00i4. .171a
Sheep-Prces showed no particular
change, there being a fair demand with
receipts about average. Common to choice
native sheep were wanted at $335N3.65 |
Mexican yearings brought $40l470, a few
common to fair lambs bringing $3.5003. 80
PACKING HOUSE PRODUCTS.
Chicago, Feb. 25.-Pork, 49, s.; lard, S5 50:
lbs, $5.75.
MISCELLANEOUS.
New York Feb -Hops-Quet.
Petroleum-Dull.
Coffee-Closed steady; March, S12i5m
2.55; spot Rio, steady; No, I, sl325.
Sugar-Raw quiet; refined. quiet