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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 07, 1922
Page
12
United States moves toward a $60 000 000 farm credit program boosting wheat corn and oats. Wheat closed strong up to top levels with May and July contracts rising as traders anticipated government financing of exports and farm loan support.
The New York Stock Exchange rebounded in late trading after a quiet morning as Mellon's annual report signaled no new federal taxes next year. Studebaker led gains amid short covering, with advances across motors and oils and a strong run in sterling, while call money climbed to 6 percent.
A late session rally boosts stocks led by motors and equipment as copper holds near 14 cents amid strong domestic and foreign buying. Mellon hints no tax hikes, while Anaconda Chile deal hints at higher copper ranges. North Butte reports October output at 1.75 million pounds, resuming May operations and breaking even.
Sealed bids for a nine story fireproof hotel building in Butte Montana are due by 1 am December 28 1922 at the New Finlen Hotel office. Separate bids for heating plumbing and electrical work require certified checks and plans may be obtained from New Finlen Hotel Company and Shanley Baker Architects.
Silver Bow chapter Daughters of the American Revolution will gather Saturday at 2 15 in the banquet hall of the Y M C A. Hostesses include Mrs Passmore Mrs Wheil Mrs Youlden Mrs Sayre Miss Lucy Kemper and Miss Carrie Worcester.
A reader smiles as they finalize a gift choice from the Christmas Gift Suggestions column set. The feature guides shoppers with playful options and festive ideas for holiday giving.
Hogs receipts 24 000 market very low to weak with top hogs 210 269 pounds at 8 20 early big packers bidding lower. Cattle receipts 12 000 fairly active on killing classes with beef steers and butcher stock steady to strong and veal calves steady to weak. Sheep receipts 15 000 fat lambs opening slow with high bids around 15 35 and feeder demand large. heavy ewes around 5 to 7 50.
Omaha stockyard receipts total 11 000 hogs 6 300 cattle and 9 000 sheep with prices quoted across categories. Hogs steady to firm led by bulk mixed and packing grades 6 80 to 7 60, lights 7 75 to 7 90. cattle steady to strong with steers to 10 and top near 11 50 for best yearlings. sheep 15e higher with lambs 14 15 to 14 60 and fat ewes 6 50 to 7 00.
Kansas City reports cattle receipts around 10 000 with beef steers mostly steady to strong. early top loads indicate sustained demand.
Cattle and hog prices vary with receipts in Minnesota South Dakota and Denver. Heavies top near 10 dollars, calves steady, hogs around 7.8 to 8.0, lambs rising to about 14.75, ewes 4 to 6.75, cull and cutter cattle weaker, buyers steady to higher on positives. Receipts: cattle 3200 in St Paul, hogs 2390, sheep 2500, Denver 1400.
Spokane hog receipts 188 with higher steady prices all hog grades. Cattle receipts none. Portland reports cattle nominal no receipts hogs steady with 387 receipts. Sheep steady. Foreign exchange rates listed for Europe and Americas. Butter and eggs prices across New York Chicago markets with varied quot.
An advertisement touts Kellogg's All Bran as a permanent remedy for constipation, claiming it prevents Bright's disease and other ailments. It promotes daily two tablespoon servings, praises the product's cooked and krumbled form, and suggests it improves family health with Kellogg recipes on every package.
New York money market reports firm call money at 5 percent with high 5 percent and low 5 percent. Ruling rate 5 percent and last loan 5 percent. Time loans steady at 4 5 percent with mixed collateral for 60 to 180 days. Prime mercantile paper at 4 percent.
Copper steadier and tin firm with near by and futures quoted. Lead and antimony sit quietly while zinc remains firm. market details include spot and near by deliveries and minor price ranges across metals.
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