Markets Rise As Wheat Prices Advance Amid Senate Action
Wheat prices gained today influenced by U.S. Senate relief efforts for farmers. December futures near 1.64 to 1.85, exporters and mills active bidders as Poland reportedly buys large wheat and rye imports. Market watchers anticipate govt crop reports and note limited country offerings. Provisions eased with hogs down. cash quotes show varied grain and dairy prices across markets.
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Chicago
United States Senate
Germaimee
Cate Ee
Frean
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Hirine Creamery
Livestock Market Report From Chicago and West Coast
Livestock receipts mixed with weak to lower tone in Chicago markets. Cattle and calves show thinning demand with price range declining, hogs steady to higher in some regions, and sheep and lambs uneven but holding near previous levels. Spokane and Omaha notes reflect steady hog quotes and firm cattle activity while southern markets show varied results.
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Market Recovers on Broad Stock Exchange Activity
New York stock exchange dealings totaled 1 250 000 shares with a strong undertone contrasting the prior day's mood. No cash selling disrupted shorts, while the money market held firm despite fund transfers for forthcoming federal tax payments. Oil and Royal Dutch led gains as steel and textile sectors rose. motor and metal shares lagged on copper price news. Bond activity remained steady as stock futures trimmed losses.
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Copper producers cut to the bone amid demand declines
The Boston News Bureau notes copper output remains above prewar levels despite production cuts. Major producers Greene-Cananea North Tutte and Anaconda plan deeper curtailment as Europe’s currency woes limit demand. Output this year averages around 105 million pounds monthly, with 114 million pounds in earlier months.
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Greene-Cananea
North Tutte
Anaconda
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Oo Hess Hbira
Market Review Notes Fall and Rise Amid Broad Moves
The Broke Hettbronner Market Review reports a complex trading day with a buying wave offset by selling pressure. Anaconda sees new records, volume exceeds a million, and call money at 7 percent. U S railroads show strong October net operating income at 82.98 million with September at 76.6 million. Motors Detroit declares 2 percent dividend payable January 2. Western Pacific 1.5 percent payable January 8. Corn Products runs below 80 percent capacity. sugar drops to 8.5 cents. Royal Dutch selling linked to Dutch market weakness amid Goodyear stock uncertainty. Net earnings for United States Steel and Bethlehem Steel projected strong, while odd lot demand rises. St. Louis prices unchanged. New York shows a firm tone with cautious trading.
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Value of crops lower than in 1919 report
Washington reports that the value of crops in 1920 is estimated at 1.19 billion dollars, down from 1919. Figures detail values for barley rye oats beets potatoes tobacco and other staples with substantial declines in several categories. In a separate item Lottie Tarkington killed three rattlesnakes in a potato patch on a nearby ranch, the largest four feet long with 15 rattles.
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Lottie Tarkington
Mysterious Miles City Chauffeur Kidnaping Alarm
Montana city police chase leads as chauffeur HL Brown reports a kidnapping near Miles City and Billings with two dark heavy men forcing him to drive toward Laurel before vanishing. authorities widen search for suspects amid burglaries and security concerns across Billings with night guards and local watchmen.
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Rescuer Bitten by Savage Dog in Montana Incident
In Billings on December 14 John R. Spacht a Montana Power lineman attempting to aid CH Wilcox who fell from a pole was bitten by a large dog. Spacht is in hospital with severe bites while Wilcox was also injured by a brace failure causing the fall. The dog escaped during the ambulance call.
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Porters and Patients Highlight Dec 14 News from Livingston and Helena
In Livingston a bill copy shows Senator Walsh's Yellowstone dam plan centers on irrigation and flood control with a power clause that preserves federal rights to hydro power. The measure aims only to irrigation and flood control, not power generation. In Helena a brief notes corporate incorporations for Royalty Company and partners with a capital of 500,000.
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