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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 29, 1922
Page
8
Wheat and corn futures show dispersing firmness with declines amid export weakness. Markets in Liverpool and Minneapolis report lower prices, with mixed notes on Dec and July deliveries as trains face a collision injuring six crew members in California.
On December 28 heavy selling by large investors to realize tax losses and off loading by short interests gave the market a reactionary tone. Regular way sales will clear tomorrow. Saturday brings no clearances, pushing profit realization into next year. Oil and copper issues slid while call money remained firm and government withdrawals loomed. Total stock sales reached 1,267,000 with bond sales at 314,526,000.
The market showed a mixed day with some upside specialties while others lagged. Uncertainty from foreign developments pressured the close, and selling picked up in late trading. U S Rubber rose 10 to 12 percent. copper shipments show France as top buyer in October.
Livestock receipts total 69 000 hogs 10 000 cattle and 12 000 sheep with a slow market hogs 10 to 15 cents lower on several categories top at 8 60 for 150 to 275 pound pigs and 8 35 to 8 60 for heavy hogs cattle show firmer gains up to 25 cents for beef steers and higher bids for veal calves shipping demand steady for stockers and feeders sheep market opening slow lambs trading steady with outsiders noted as buyers par for the course in this regional livestock update.
Packers bidding lower while other classes show general steadiness. Early top bids reach $15.40 to city butchers. Fed lambs steady at $13.15, with 90-pound fed yearling wethers at $13 and clipped yearlings at $11. Desirable 62-pound feeder lambs bring $14.50, and aged 110-pound fall clipped wethers fetch $8. Choice light weight lambs rise to about $8.
Cattle receipts reported across St Paul and Kansas City with steers mostly steady to higher and hog markets steady to weak. Prices show beef steers around $9.00+ in Omaha and $9.25 in later markets, with hogs trading from $7.25 to $8.50 depending on weight and class. Sheep and lambs show varied moves with fed western lambs around $14.25 to $14.60 and ewes near $5 to $7.35.
Denver cattle receipts 700 market steady beef steers 4.59 to 8.69 cows and heifers 3.50 to 7.75 calves 5 to 9.50 stockers and feeders 3.50 to 7.50 hogs receipts 1,300 market steady to strong top 8.50 bulk 8.0 to 8.35 sheep receipts 3,300 market steady lambs 12.50 to 14.25 ewes 4 to 6.85 feeder lambs 12 to 14.25
Portland market brief notes nominally steady figures with hog receipts 267 head and sheep 10 head while cattle show nominal activity and steady receipts around 26 head. The report records mixed demand with volumes up modestly for the period ending December 28.
Spokane December 28 cattle receipts 131 hogs 177 sheep 10 with market steady and no change in quotations.
London rulers list copper and tin prices with spot and futures for Standard copper and electrolytic, tin, leads, and zinc. Market notes show spot and futures values in pounds shillings pence with precise figures for December 28.
The ruler Vladimir the Great of Russia is described as a heathen who forced his people to embrace the Greek religion in a notable ancient decree or campaign.
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