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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 13, 1926
Page
10
The Chicago wheat market rallied late after an early decline with May futures around 1.74 to 1.78 and July near 1.61 to 1.01. Cash quotes show No 1 hard at 1.80 1/2 and No 2 white oats around 49 1/2 to 43 1/2.
The New York Stock Exchange saw alternating weakness and strength with notable moves in Sears Roebuck and Mack Trucks. Bulls backed by hopes of capital changes but rising call money rates and anthracite talks trimmed gains as General Electric and other rails showed activity.
New York reports early stock rallies fading as selling from outside sources dominates. Sears Roebuck splitup and oil industry merger talk spur brief gains but overall prices slide amid heavy distribution. grain markets show mixed moves with wheat and corn fluctuating and export demand easing.
Hogs receip ts 40 000 Chicago bids 11 12.40 for 160 lb hogs while sow prices hold near 9 50 to 12 60. Cattle receipts 18 00 0 at St Paul show steady to higher steer prices and light yearlings weak. Omaha reports hogs active with 11 70 to 12 00 for 200 to 228 lb and sows 10 35 to 10 50. Sheep receipts in each market show steady to firm values with lambs around 15 25 to 15 50 for feed westerns and fat natives around 14 75 to 15 0.
Livestock prices and receipts from Los Angeles Portland Spokane and Denver show mixed movements. Cattle steady to weak with some loads topping near 9.75 for 1200 lb steers in LA. hogs slow with prices 13.50 to 13.75 per hundredweight. sheep receipts scarce with Utah lambs around 1.00 per pound and fat lambs at 13.80 per hundredweight in Denver.
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