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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 16, 1923
Page
10
Markets lift as government winter wheat acreage hopes boost prices. Sept wheat at 1.00 to 1.01, Dec 1.04 to 1.04, with corn and oats gaining and provisions up. Bullish view centers on smaller North American wheat supply and improved export demand. Cash quotes list No 2 red and No 2 mixed grains with modest gains.
New York stock market showed a strong undertone despite heavy oil share selling tied to the gasoline price cutting war. Volume surged in two weeks, with short covering and rising outside participation by small investors.
The late day rally and Wednesday session show bullish mood with steady buying. News notes improve copper demand and possible steel price rise while Europe’s outlook supports domestic optimism. Major items include Baldwin on potential stock dividends, Standard Oil quarterly dividend, and continued caution in rubber tire production.
Minneapolis wheat markets reported cash No. 1 northern at 1.13 to 1.18 dollars per bushel with May to December futures quoted around 1.13 to 1.18. Corn No. 3 yellow at 82 to 83 cents. Oats No. 3 white 33 to 34 cents. Barley 46 to 57 cents. Rye No. 2 61 cents. Flax No. 1 at 2.46 to 2.47 dollars.
Irregular foreign exchanges listed for multiple countries with demand and cable quotations. Notes include Great Britain 4.56, France 5.43, Italy 4.39, Belgium 4.51, Germany 0.0909, Holland 239.29, Sweden 26.65, Argentina 33.20, Brazil 16.10, Montreal 97 percent.
The notice lists standard capital figures and futures prices for several commodities. Spot and futures rates are shown with values such as 63 176 6d and 64 128, alongside lytic and pot categories. The fragmentary OCR includes multiple price points and headings without full context or dates.
Copper remains easy with spot around 39.25 cents and futures near 39. Iron and lead steady, nickel steady, zinc firm with 6.39 cents spot in East St Louis. Antimony quoted at 7.87 cents.
As of August 15 bar silver in New York quoted at 48 5 8 cents per ounce and 3 9 5 e again, while London reports bar silver at 81 1 16 pence per ounce with a 2 percent money rate.
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