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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 07, 1920
Page
12
Markets report strong corn trading driven by stormy weather and light arrivals. May futures around 1.265 to 1.36 with July higher. oats and other grains rise modestly amid export hopes. Hog provisions weaken on large receipts. futures activity includes standard flour and money market notes.
The New York market sagged after Governor Harding urged restricting unneeded loans. Leading shares fell 2 to 5 points while subs and high priced issues declined. money rates slipped, then steadied as the session progressed. Several groups rallied late. total sales reached about 1.25 million shares with bonds heavy.
Market notes show a copper demand revival with Dow Jones reporting 875 million pounds of copper purchases in November and December 1919. The Lauzier Wolcott review notes this as a straw pointing the way to reduced surpluses and higher copper share prices, aided by limited foreign credit and potential renewed buying machinery.
Chicago receipts show market slow with prices down for cattle, pigs, and sheep. New York Liberty bond prices drifted, with various maturities quoted. Paris and Berlin items note German efforts around press control and peace protocol timing ahead of Versailles ratifications.
A fragmented notice lists buyers and items including oil and appliances tied to Montana locations. Names such as Sachs and Monnens appear with unclear associations to businesses like Reliance Gem and Paul Refrigerator. The text threads through various brands and locations, showing a scattershot sale or auction note with missing details and dates.
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