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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jan 19, 1923

Page

9

Market moves on Anaconda bonds amid heavy demand

Markets show mixed tone as investors cover shorts and push Anaconda 7 percent convertible debentures. Demand remains strong in Idaho Montana and Washington with local orders heavy while Anaconda stock rebounds from 45% to 48% on prospect of asset-backed expansion. Davis-Daly lead on the Boston exchange with a rise to 3 1/4 to 2 1/2 percent and tight holdings.

Lauzier-Wolcott Co Shorts Bethlchem Steel Company Lackawanna Steel Company Intercete Thess Butte Idaho Montana Washington Anaconda Boston Exchange Davis-Daly Anaconda Copper Mining Company Weowna Wolcott Crumnisnea Ro & le Algeria Caledonia Indiagon Boston Weoming Point Burke Florence Silver Campbell -Seevin Galena Chappel Roy Tiger “Stevenson Enowatorna Kinney Richie Ventura Union Henry Owyo My Mutual Associated Res Stevenson Ro

Bear interests abandon stocks as Advance bids rise on NYSE

On January 18 the stock market saw bear interests retreat amid a firm Advance, with many issues closing 1 to 2 points higher. Republic Steel resumed dividends, crude oil prices rose, and several industrials posted gains while foreign exchanges showed weakness and concerns about France and Germany persisted. Trading was light with focus on Republic Steel, Anaconda, and various steel issues, as motor stocks gained and several rail and utility shares lagged.

Associated Press New York Bear Republic Steel Tee United States Despore France Anaconda Wales Ted Republic Hethientm Crucible Sloss Gulf Statew Steel Pennsylvania Cosden Oklahoma Motore Hudson, Hupp Chandler Lackawanna Lehigh Valley Pere Marquette Soules Boardwestern

Foreign exchange and metal market snapshot

The report notes irregular foreign exchange demand with quotes across currencies and regions including Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Argentina Brazil Montreal and other spots. Copper tin lead zinc and antimony prices in New York and London are listed with spot and futures values.

New York Jan Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Argentine Brazil Montreal Associated Press St. Louis London Metals the Asociated Press London

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