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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Dec 29, 1927

Page

12

Grain market hits new highs on demand and foreign needs

Grain values strengthened with wheat closing near top levels due to rising milling demand both domestic and foreign. European needs and tight U S stocks supported prices though rains in the corn belt and lighter corn arrivals aided gains. Minneapolis wheat prices for various grades and futures showed firm ranges amid strong export interest.

Associated Press Chicago Europe United States Canada Kansas City Omaha

Cotton market shows mixed moves amid light offerings

Opening advances faded as traders realized gains and prices eased in the afternoon. Futures closed steady with declines from 12 to 13 points. spot middling held around 20 cents. butter and eggs markets posted varied receipts and price levels in Chicago.

Associated Press New York About & T

Stock Market Weakens After Initial Rally In New York

The market opened higher on renewed pool operations but soon weakened as outside buying remained light. Declines outweighed gains with many issues down one to eight points while 733 issues traded, a new high. U S Steel fell after Morgan took chair, and GM slid over two points.

Associated Press New York Wall Street United States Steel Common J. P. Morgan General Motors Mexican Petroleum Midland Steel Products Brooklyn Edison Broooklyn Union Gas Consolidated Gas Christie Brown Collins and Aikman International Business Machines Davison Chemical, Outlet Company City Stores Allied Chemical American Tobacco Colorado Fuel Consolidated Cigar Goodyear Tire International Agricultural Chemical Canadian Pacific Chesapeake & Ohio Jersey Central Erie Common Delaware & Hudson Pittsburg West Virginia

Montana Ron List Cluj International Fair Opening

Transylver Cluj is set to host its first international fair near Portland. Portland reports USDA data showing no receipts in any department and all classes quoted steady.

Cluj Transylver Portland The Associated Press United States Department of Agriculture

Tax refunds totaling 103 million go to 240000 taxpayers

Washington reports 240000 taxpayers receive 103,858,687 in federal tax refunds for illegally collected taxes across current and prior years. Beneficiaries include Standard Oil of Indiana and individuals from cities, countryside, canal zone, and distant China, with refunds ranging from one cent to over five million dollars.

Associated Press Washington Taft Harry Lauder Frank O. Lowden Duke of Marlborough Kenesaw M. Landis Smedley D. Butler Treasury Congress Standard Oil Company Indiana Beneficial Loan Society of New York Canal Zone China America

Livestock prices from Chicago and Midwest markets

Receipts across major markets show cattle and hogs mixed in demand. Chicago reports 8,000 cattle and 24,000 hogs with steady to firm preferred prices, while South St Paul and Omaha notes reflect higher bids for stockers and calves, with hogs softer and lambs holding. Denver prices show weak to steady trends with varied weights and stock cows priced around $7 to $9.

Associated Press Chicago United States Department of Agriculture South ST. Paul Omaha Denver The New Mexico California

Market Roundup Says Steel and GM Led Trading

New York stocks fluctuated as United States Steel and General Motors drove activity. Early demand for call money rose to a yearly high, then the market rallied amid mixed selling. GM showed strength briefly, aided by Chevrolet chatter, while Pan-American and oil shares gained on gasoline price revisions.

Associated Press New York New York Stock Exchange United States Liberties Belgium Canada Chile Cuba Enee Germany Italy Japan Norway Am Chain Bethlehem Steel General Motors Goodyear Us CO Humble O & R Kayser Co Montana Power Ohio Pac G & FE Ac T & T Erro Utah Wwestinghouse Hs Wilson & Co Youngston S & T Saceriportesas Atchison Chi & Northwestern Cuba RR Nor’hern Missouri Pac Js Nor Pac United States Steel Independent Motors Oil Detroit Davison United States Steel Corporation Ford

Wheat Market Firms as Corn Gains Amid Weather

Chicago reports a firmer wheat tone with no bullish news. Winnipeg shows strength despite large Canadian stocks. Liverpool bids 4 higher, on passage stocks down 4.2 million bushels. Corn rises on short covering and rain, with good cash demand and light country offers. Oats advance with corn, cash trade brisk at 86 thousand bushels.

Chicago Commission House Winnipeg Liverpool

United States Smelting Earnings Decline in 11 Months

Net profits for 11 months reached 2,699,935 versus 3,322,600 a year earlier. After preferred dividends this equaled 3.24 a share on common stock, down from 5.01. Depreciation, depletion and amortization reserves stood at 2,164,374.

Associated Press New York United States Smelting, Refining and Mining Company

Metals Market Wrapup in New York Trading

Copper steady with electrolytic spot and futures at 14.14 cents. Tin softens with spot $57.75 and February $57.50. Iron steady. Lead steady at 6.50 cents in New York and 6.32 cents in East St. Louis. Zinc quiet at East St. Louis 5.65 cents with futures. Antimony spot $10.75. Quick silver $127 per ounce.

New York Logan & Bryan Checker Cab Durant Lehigh Federal Eee Eee Ariz Globes Butte & Western Tee Aewe Copper Fils Cresson Delores Eee Eureka Heela Hollinger Kerr Lake Wee Been Mason Valley Eer Eeeneee Nipissing Magnolia Mammoth Mountain View Michigan Utah Park Utah Croft of Park Bingham Prince Coas Walker Mining Ee West Toledo Itico Argentine Fe New Quincy North Lily Ce Beeses Lta Rineham Metals Tintic Central Ene Montana Stock & Bond Company Abell Oil Eaverhead Ardsley Butte Alberta Butte Sulle Hi Copper Butte London Homestake Jardine Mining Sun Oil Corp Montana Idaho Neihart Queen City Oil Royal Development Silver Bow Securities Mountain Gulf West Exploration West States Oil & G Y Gas & Oil Sweeten Pokane Standard Exchange Ty Logan & Bryan Ajax Commander Bunker H & S A Caledonia Callahan International Coal Stratton Sunehine Tamareck Estes Bryan Legan & Ta Plackhawk Boston Fly Calaveras Ee Cors Coans Conner Tiset National Clodasden Heuchton Fron East St. Louis

Foreign exchange mixed as markets close for holidays

AP dispatch from New York reports mixed foreign exchange quotes with Great Britain and France and Italy showing varied demand and cable rates. Call money rises to 5 percent while time loans hold around 4 to 4 1 2 percent amid liquidity. Chicago notes poultry market closed due to death of former poultry exchange president Frank Kelly.

Associated Press New York Great Britain France Italy Belgium Germany Chicago Poultry Exchange Frank Kelly

Potato Prices Decline Amid Slow Market Demand

On December 23, the USDA reports potato receipts at 76 cars on track and 203 cars moved through shipments totaling 446 cars. Demand remains slow and the market dull with few sales. Wisconsin sacked round whites bring 1.50 to 1.65, Idaho sacked russets No 1 1.50 to 1.70, partly graded 1.35 to 1.50.

Minneapolis Montana Asselas Press Chicago United States Department of Agriculture United States Wisconsin Idaho

Sugar Market Quiet as Prices Hold Steady in New York

The refined sugar market in New York on December 28 remained quiet across all departments with prices unchanged at 5.70 to 5.80 per unit for fine granulated sugar.

New York

Bar Silver and Mexican Dollars Report

Bar silver in New York closed at 57 3-4 cents per ounce. Mexican dollars traded at 44 1-2 cents, with market activity noted for the day.

New York

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