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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Aug 05, 1920

Page

12

Wheat swings as market fluctuations grip Chicago pit

Markets report erratic wheat trading in Chicago with sharp early losses tied to weak sterling and strong export talk. Prices dipped then recovered on milling demand and European tension, closing mixed with September and December futures near flat to slightly higher. Corn and oats fluctuated, hogs and fats held, and cash quotations for grains, pork, lard, and eggs were listed amid receipts of 12,653 cases.

Chicago Sterling Exchange Steg Eee

Livestock market results from Chicago fair Aug 4

Cattle receipts 8,000 with slow demand. Early sales steady for weighty cows and bulls. steers priced around 16.25 with bulk 15.25 to 16.50. Grass cattle up to 14.50. bulk cows 5.50 to 10. calves opened slow at 15 to 16.75 for top dealers. Hogs receipts 19,000. light and medium bids 10 to 15 cents higher. top 16.20. night and butcher 14.99 to 16.10. sows 13.50 to 13.80. pigs up 0.25. Sheep receipts 19,000. market slow, lambs down. Fat lambs 14.50. bulk 13. ewes 8.50. Montana wethers 9.25. feeder lambs 12.

Chicago Montana

Omaha cattle and hog market report from August

Omaha reports cattle receipts of about 1000 with steady to slightly softer tones. Beef steers strong fed earlings up to 15.50 and beeves 15.40. stockers steady. Hogs receipts 10500 with market 15 cents lower. bulk dressed and light weights 14 to 14.75 and 15.25 for heavier loads. Sep receipts 12000. market slow with opening 50 cents lower. Best lambs 13.50, feeding grades slightly lower.

Omaha

Spokane Livestock Market Report Aug 4

Spokane market recaps a strong hogs and receipts day with prime hogs at 18.50, medium mixed 17, rough heavies 15.75 to 16.70, and stockers and feeders trading around 6.50. Cattle trade shows steady demand with bleeders 10.50 to 11, good to choice steers 7.50 to 8, canners 3.50 to 4.50, calves 9 to 13.50, and stockers 5 to 8. Sheep receipts total 351 with prime lambs 10.5 to 11, yearlings 6 to 7.60, wethers 5 to 7, and best ewes 3.50 to 6.0.

Spokane Cuw

Metals. Copper and iron steady. zinc fluctuates slightly

New York August 4 copper iron lead unchanged, August and September prices noted. Antimony at 25a. Zinc quiet with Saint Louis delivery spot quotes about 7.55 to 7.75.

New York St. Louis

Sugar Market Note From New York

SUGAH MAKKHET. NEW YORK, Aug. 4. Raw sugar unsettled with centrifugal at 16 40c and refined steady at 21 22.

New York

Central Tree Marks Rutland Geographical Center Elm

In the eastern Rutland area of Massachusetts a remarkable elm stands near the state’s center, known locally as the Central tree and noted for its position at the core of the state’s geography.

Rutland Mass

Stock Market Rally Amid Easy Money on New York Exchange

Technical conditions spurred substantial rallies aided by easy money and railroad stock buying. About 840000 shares traded as the session opened confusedly with a downward tilt. Readjustment of speculative groups sparked a midday rally led by railroads. unions Pacific Northwestern Reading and other low-priced shares rose.

New York Sterling Exchange Mexican Petroleum Baldwin Steels Central Leather United States Great Northern Chesapeake & Ohio New Haven Union Pacific Northwestern Reading

Mines and mines of Basin and surrounding districts report output

The Crystal Copper company mine at Basin ships nine carloads monthly under Al C Ray with 25 workers increasing as plans to raise production advance. Sunset mine in Helena district near a mineralized fault nears lead, with water in the drift. Barker and Hughesville districts in Judith county employ about 100 miners, many in old claims slated to produce soon. Mount Washington mine in Wickes district resumes production with silver ore and a new mill to start, delayed by material delivery. Cananea mine in Sonora faces closure risk due to Mexican labor demands. Cananea Consolidated Copper will continue negotiations. Comstock lode in Virginia City reports 6 to 3 foot quartz seams yielding up to $12 assays, with Comstock Phoenix project and shaft work to 1200 feet. US smelter copper output for 1919 falls to 1,810,972,000 pounds, refinery output 1,863,589,000 pounds, imports 429,388,000 pounds, exports 516,628,000 pounds, stock climb to 631,000,000 pounds by Jan 1 1920 with 310,000,000 pounds in blister process. Domestic consumption 876,564,000 pounds in 1919, down 785,106,000 from 1918.

New York Heilbronner Company G & Www Sumatra Tee Dru . Eee Ae E O Writ. Pap. Pfd Int'l Corp Tel Atchison Baldwin Loco Beth. Steel B Baltimore & Ohio Bosch Magneto Brooklyn R. i Butte & Sup Butte Cop. & Zinc Beth Motor Cal Petroleum Canadian Pacific Chesapeake & Ohio M. & St. Paul Rock Island Chandler Motor Chile Colorado Columbia Graph Cerro de Pasco Erie General Electric General Motors Nor Tee Greene-Cananea Heilbronner Otry General Cigars Goodrich Eee Aetna Haskell & Barker Big Ledge Hide & Leather Bigheart Wees Interboro Con Calumet & Jerome Inspiration Canada Copper Inter Harvester Elk Basin Inter Paper Glenroce R . Ee Jewel Tea Sara Goldwyn Kennecott Copper Gillette Ene Ooo Kelly-Springfield Gilliland Pfd Lackawanna Keystone Tire Magma Copper Mexican Petro Magma Chief Maxwell Motors Mason Valley N. Y Midwest Ee N. Y. Central Nipissing Northern Pacific Pennokeee Ae Ae Pan-American Pennsylvania Radio Corp Com Pierce-Arrow Ryan Pet Pittsburg Coal Salt Creek Ewer Pond Creek Sapulpa Stewart Mining Ray Con Opper Swift Int'l Tonopah Rem. Typewriter Tonopah Mining Rep Iron & Steel Shattuck Arizona United Eastern Sinclair Oil United Verde Sloss Sheffield L S. Ship Southern Pacific Southern Railway West End Stromberg Studebaker Co Tennessee Superior Steel Texas Company Boston Texas & Pacific Warplanner, Company Adventure Union Oil Ahmeek Ee Union Pacific Algomah Allouez Ee Nee United Fruits Arizona U. S Bingham Mines U S Calumet & Arizona U. S Smelt & Ref Calumet & Hecla U S. Steel Carson Hil U. S. Steel Prd Centennial Utah Copper Va. Car. Chemicals Daly-West Western Union Davis-Daly Westinghouse East Butte White Motors Wilson & Co Franklin Indiana Michigan Mohawk American Oil Anglo-American Cornella Atlantic Eee Wenell Orth Butte Beaverh'd-Alta Old Dominion Osceola Borne-Scrymser Ojibway Frantz Corp Tuolumne Galena Trinity Great Western Ur Shoe Mach Greybull & Mon Illinois Pipe Ilan Apex Indiana Pipe Utah Metals Eee Prairie Pipe Solar Bohemia Fa Southern Pipe Boston & Ely Penn. Oil Butte & London Ss W. Penn Calaveras Stellar Oil Cal Con Copper Cat Eate Ind Crown Reserve Rage & Bluebell Kan Oil Ky Houghton Neb Majestic Mere E Ween Oil N.o Nevada-Douglas Stand Ohio Ohio Copper Swan & Finch Oneco Tri City Oi UN Verde Union Tank Jeromeé-Verde Vacuum Vere Miami van Duzen Oi Og Crystal Willow Creek Cascade Wyoming Crystal Copper Company Basin al C. Ray Mount Washington Wickes Comstock Lode Virginia City Nev Comstock Phoenix United States Geological Survey

Foreign Exchange and Money Market Snapshot

New York markets show mercantile paper unchanged and exchange weak. Sterling demand at 3.61 3.62, francs 7.23 7.25, Belgian francs 17.56 7.58, guilders 32.88 33, lire 5.03 5.05, marks 2.19 2.20. Montreal exchange at 11.5 percent discount. time loans firm at 9 percent for 60, 90 days and six months. call money steady high 7 percent, low 6 percent. ruling rate 6 percent, last loan 6 percent.

New York Mercantile New York Exchange Montreal

Bar Silver Prices and Money Markets Report

Bar silver in New York was unchanged at 714 cents per ounce. Mexican dollars listed at 7 14 cents, London follows at 57. per ounce with money unchanged. Discount rates show short bills at 6 9 16 percent and three month bills at 6 11 16 percent.

New York London

Bozeman Prepares for Cheyenne Frontier Show Arrival

Seven carloads of stock arrive in Bozeman as Cheyenne frontier show approaches. Bucking horses, relay mounts, roping steers and other stock fill yards. Notable riders like Hugh Strickland Yakima Canutt Eddie Burges and Kittie Canutt among arrivals. City readies streets, shops, and eateries for expected crowds.

Bozeman Brammer West Hugh Strickland Bryan Roach Arizona Chicago Yakima Canutt Eddie Burgess Calgary Johnny Judd Joe Gardner Ad Day Kittie Canutt Lorena Trickey Ruth Roach

Frantz Offset Wells Progress Amid Derrik House Collapse

Eight lengths of casing blasted from the hole by water pressure wrecked the derrick house but did not halt drilling at the Frantz offset. Crews resumed setting casing within 24 hours. The Frantz pipeline nears Winnett, Montana oil expected to Wyoming refineries within days. Walkers anticipate first sand soon, with eight inch casing prepared to reach the pay zone.

Winnett Frantz Box Elder Creek Wyoming Paul Stock Decker-Collins Stock Ellis Decker

Collins Struggles With Rock Cavern Barrier Halted Drilling

Collins has made little progress in overcoming a formation barrier preventing drilling. Reaching the sand may require only hours after the cavern is cased, but passing the cavey formation has consumed a week with no reward.

Collins

Nonpartisan farmer labor ticket filed for Judith Basin county

A farmer labor ticket named for Judith Basin county election lists candidates for state senate and house, county commissioners, treasurer, sheriff, clerk of court, clerk and recorder, assessor, coroner, administrator, surveyor, and a likely school superintendent nominee. Separate filings include sheriff and commissioner candidates from Lehigh. Miss Edna Pierce seeks Fergus county school superintendent on the Democratic ticket. Judge Ayers schedules court Aug. 30 at Winnett for W. J. Winnett vs. C. F. Pullen accounting case. Grace Rankin named secretary to Chicago Federal Reserve chairman W. A. Heath.

Lewistown Judith Basin Frank Panian Frank Simacek Johannes Hansen C. L. Padgett A. Pp. Jahren Ed Boustead A. M. Anderson Bert Garetson Joe Mangus Joseph Higgins H. D. Thomas M. Hogan Paul Larson Beulah Swan Harry C. Higgins Lehigh A. Rosenquiet Edna Pierce Fergus County Roy Ayers Winnett W. J. Winnett C. F. Pullen Grace Rankin W. A. Heath Federal Reserve Bank of Chicago

Wall Street Flashes on August Dividend and Interest Flows

Money flurries on account of the August disbursements of dividends and interest amounting to close to 200 million dollars may appear early in the week, according to banking channels. The shifting of accounts should soon be past and, barring new developments, cot accommodation should behave for two to three weeks.

Heilbronner Company

Rail stocks favored in market rally say investors include big names

In the railroad department the best purchases, according to active market interests which expect bullish developments railwise for a while, are included in this list Rock Island Frisco St. L S W Chesapeake & Ohio New York Central Southern Pacific Atchison Reading and Great Northern. Investors have been buying the issues named during market breaks recently.

Rock Island Frisco St. L S. W Chesapeake & Ohio New York Central Southern Pacific Atchison, Reading Great Northern

Investment outlook holds back rush to buy stock

From an investment point of view there is no apparent reason to hurry into common stocks. Bond gains and some preferreds remain desirable. No clear bear market signal yet. Rails show strong buying in Southern Pacific Union Pacific Reading Frisco Rock Island and Southern Railway. Until better, expect more stocks offered on rallies.

Southern Pacific Union Pacific Reading Frisco Rock Island and Southern Railway

Also Mentioned on This Page

Lutte Stock Exchange Bear Creek Tarbox New Enaes NEW York Stock Exchange CURB Boston Curb Helena Barker Hughesville Judith Sonora Democrata Cananea Cananea Consolidated Copper Compay Money Market Cheyenne Rergh Winnett Oil News East Broadway Lewistown News Wall Street Hazleton C. D. Tanner Charles Bellefonte Henningsen Produce CO Henningsen Produce Company Butte Lauzier-Wolcott Co W. A. Clark J. Ross Clark W. A. Clark & Bro BANKE ISTON Alex J. Joh J. K. Heslet The First National Bank of Federal Reserve System Andrew J. Davis Cy SG Sil Eon Represes J. E. Stephenson George A. Hill Andrew J. Davis Jr W. J. Forsythe James Freeman Absarokee Y.M.C. A Billings Beartooth Mountains ATS Bot
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