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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Feb 14, 1925
Page
10
In a volatile session, wheat surged then fell, May and July contracts closing unsettled. Export buying, strong demand and harvest fears dominated, while corn and oats declined and fats like butter and sugar showed mixed activity across markets in Minneapolis and Chicago.
Trading resumed on the New York Exchange after the holiday with no clear trend as stocks moved in irregular ranges. Oil shares rose on higher crude prices while profit taking pared gains. United States Steel and several industrials posted modest advances, but rails and some stocks eased on renewed profit-taking and debt worries.
Chicago market notes show pork futures and live hog prices higher than Thursday. Prices range from 8.78 for light hogs to 11.30 for heavy hogs with bulk lots around 9.50 to 10.90 and orders for packing hogs at 10.25.
The market opened with light trading after a holiday, as many floor traders took vacations reducing deal volume. Despite the slow pace, overall fundamentals remained buoyant with a steady or rising trend in several sectors. Early gains were seen in rails and motors while wheat and radio showed firmer activity amid mixed sentiment.
Cattle receipts varied across markets with slow early trading and mixed demand. Hogs showed uneven moves and steady to slightly higher pricing for certain weight classes, while sheep and lambs exhibited softer tendencies in several regions. buyers remained cautious amid fluctuating wholesale values and regional supply shifts.
The city, largest in the south, is projected to reach close to 2,000,000 residents. Municipality records show a population around 1,575,000 based on births deaths immigration emigration and other factors as of August 31.
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