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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 20, 1922
Page
12
Government winter wheat crop estimates show an increase of about 15 million bushels, weighing on prices. May and July futures edged around unchanged with mixed movements in corn and oats, while bears faded as traders eyed export financing plans.
At the New York Stock Exchange on December 19, speculative forces clashed as the market showed alternating weakness and strength with an overall upward tendency. Mexican Petroleum hit a yearly high at 251, General Electric fell after denial of stock or extra dividends, and foreign exchange eased with demand sterling at 4.61.
The Associated Press reports foreign bar silver at 62% per ounce in New York and Mexican dollars at 47 1/2 cents. London quotes bar silver at 30 3/4 cents per ounce.
Bruce Miller a Kansas City youth of 13 was imprisoned in a Missouri penitentiary after being sentenced to two years for robbery. His mother appealed to Judge C C A Calvird to revoke the sentence noting his true age 13. The prison board may recommend parole as Miller had acted as a lookout in a store robbery.
The Lauzier-Wolcott report notes mixed action with strength in Baldwin Locomotive and copper shares but overall resistance on the upside. Seneca Copper Corp denies rumors of immediate financing and plans copper production by spring. Seneca No. 1 yields high grade copper as work expands with new hoists and shaft connections planned. Willys Overland targets 45,000 cars in Q1 next year as president forecasts a record 1923.
Chicago livestock trade reports Dec 19 with hog receipts at 48 000 and declines from Monday s best. Hogs ranged by weight from 190 to 210 pounds around 8 20 per cwt to 8 30 top for 140 to 180 pounds, packing sows 7 50 to 8 30, killing pigs 8 00 to 8 25. Cattle receipts 13 000 with slow demand and mixed results for beef steers and cows, vealers around 9 25 to 9 75, bulls 4 25 to 4 40. Sheep receipts 13 000 fat lambs opening slow and easing, 80 pound fed lambs 12 75, yearling wethers 12 25, ewes up to 5 60 to 7 40.
In Kansas City on December 19, cattle receipts reached 15,000 with beef steers steady to 5 lower, canner cows up to 110 higher, better cows 5 6 dollars, and good stock calves around 7 dollars. Hogs receipts 16,000 with a slow to steady trend, packer top 8.10, shipper top 8.05, bulk desirable around 7.80 to 8.00.
Market figures show hogs at Omaha steady to higher with bulk at 7.25 to 7.75 and top 8.10 while cattle run steady with beef steers about 10.50 top and bulk 7 to 8.25. Sheep viewed weaker for lambs with bulk around 14.14 to 14.40 and top 14.50. South St. Paul receipts show hogs steady with typical bids 8.00 to 8.40 and sheep uneven bids lower for lambs.
Denver notes receipts for cattle 1700 with market steady and beef prices ranging from 3.50 to 9 percent for calves. Hogs receipts 1390 with top at 8.29 and bulk around 7.75. Sheep receipts 6900 with lambs 12 to 14.25 and ewes 4 to 6.75. Spokane shows cattle receipts 142 with steady market. prime steers 7 to 7.50, cows 5 to 5.50, veal calves 7 to 8.50. hogs 392 with prime mixed at 9 to 9.15. Sheep receipts none with no change in quotations.
Port land Oregon December 19 cattle hogs and sheep were nominally steady with no receipts. Market mentions Winona Wolverine and Wrandotte North Butte among cattle listings with no price changes recorded.
London market roundup reports spot and futures prices for key metals. Standard copper and tin posted notable figures with electrolytic copper and zinc also listed alongside futures values.
New York December 19 lead prices rise as American Smelting and Refining Co. increases the price from 7.10 to 7.25 cents per pound, signaling a higher market rate for the metal.
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