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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Dec 18, 1923

Page

12

Markets Lift Wheat Prices on German Credit Hopes

Wheat prices rose after reports Germany sought credit and food aid, with May and July futures up while oats were flat. News of possible U S crop bullishness and Argentina weather also influenced traders. Provisions held with hog prices buoyed, and the day saw higher closing wheat values amid light offerings and shifting visible and invisible supplies.

Associated Press Chicago Germany Sith Gor Theparations Commission Washington United States Argentina Cie Dees

Market recap notes mixed rail weakness and stock gains

New York stocks opened with railroad share weakness amid fears of unfavorable legislation and dividend cuts. Despite this, bullish activity persisted in industrials and specialties, led by Corn Products and Continental Can. Traders cited Mellon plan details and reparations talk as buying catalysts as some issues hit new highs while others slid to multi-year lows.

Associated Press NEW York Northwestern Standard Plis Soo” Preferred Omaha Southern Pacific Atlantic Coast Line Lackawanna Louleville & Nashville Nickel Plate Pittsbursh West Virginia Board of Los Angeles Basin Standard Oil of California Invincible Continental Wall Street Standard Ol Baldwin Studebaker United States Steel American Woolen Davison Chemical NEW York Stock Exchange Lausier-Wolcott Company

Market optimism lifts stocks as oil and copper rise

The market extended gains on favorable European outlook and Melton tax proposals. Oil shares advanced amid California production cuts and potential price rises. copper producers remained bullish. Foreign exchange rates showed mixed gains with diverse demand across major currencies.

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