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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jan 22, 1926

Page

12

Sharp drop in wheat prices on a global supply beat

Market summary from Chicago reports a sharp break in wheat as Argentine exports, heavy German arrivals in Liverpool, and subdued Buenos Aires and Liverpool demand push May and July prices lower. Corn and oats slide with mild shifts in livestock futures while foreign exchange and metals show varied moves.

Associated Press Chicago Argentina Liverpool Buenos Aires

New York Stock Exchange Sees Short Covering Bolster Shares

Stocks rallied briefly as W C Duff reentered the market but short selling returned forcing a retreat. United States Steel opened strong at 126, later fell to 132.5, closing down two points. Dupont, Hudson Motors, Mack Trucks and others weakened. Railroads and several industrials sagged while a few specials held gains. Foreign exchange showed a yen rally and sterling drift.

W. C. Duf F United States Steel Common Aldwin Durant American Can United States Dupont Hudson Motors Mack Trucks Sears-Freebuck United States Industrial Alcohol American Smelting Fampus Players General Asphalt Stewart Warher United Drug Foundation Raila Frisco Atlantic Coast Line Atchison, Chesapeake & Ohio Loulaville & Nashvi Norfolk & Western London Delores Fi Prenson Eureka Kerra Nipissing Ohio United Vi Wayne New Man Boston Stock Exchange Loxan & Deyan Aaventure Algom Western ‘Union America Ican Richmond American Steel Foundry Sumatra Tobacco Ily Ity Gorporation West Hunter Ajax Ig Rican Stratton Peteira Ian Zine Moshivray Associated Oil i Uh Aechinon Ee Logan & Bieyan Aska Alta Consolidated Balawin Locomotive Ane Alta Baltimore Betht Bosch St Cols Rex Consolidated Brooklyn Butte Copper & Zinc Callahan Keystone San’ Pacific Aig Ae Lehigh San Mammoth San Theos Mountain View Sorin Eno Park Bing Enteage Mit Pre Boca’ 'Cot Seta Logan & Bryand Continental Aniae West Toledo Continental Motors Bevin Duran Toga Avieon Chemical Boston & Wyoming Mountain & Guit Ise Brothers Tobaci Holly United Retail Candy Great W. F Bugar Lehigh Power General Electric General Asphalt Holly Baga Aminion We General Motors New Pers Eam, Co Glenrode Ey viah-Hdaho Sisinioning Pete Aay Great Nort ii Mariana Noxron Mexico Logan & Bryn Bagdad Smelter General Petroleum O Ty Bey Noble Enterni International Pay International Nickel Am Uae Jordan Motors Kansas City Southern White Motors Wilson-Overland Miami Woolworth New York Missouri Low York York ‘Stock Exchange Missouri Pacife Montene Power Igomery Ward Moon" Motors Ag A Ag Sai Liberty Fork’ Central New Haven Ginerty Therm Pacific Aaa Formoy Cko Slovakia Republic Pennsania Ba Bat Arade Kingdom of Belgium Eh Pure Iitpa Petroleum Kingdom of Norway Ory Radio Corporation Consol Bfo Republic Steel Sears Roebuck Seaboard’ Airting Ieee Ieimore St’ Louis San Iscoie St. Louis South Weerney Elina Pautevi Southern Railway Goodyear North Stewart Derang Northern Texas Utah

Livestock Markets Report From Chicago and Midwest

Chicago hog receipts 46 000. Hogs mostly lower with lighter weights up small gains on select lots. Cattle receipts 10 000 mostly steady to higher on fed steers and yearlings. Sheep receipts 13 000 fat lambs weak to lower. Omaha and Sioux City reports show mixed hog and cattle moves. Portland and Spokane notes list scarce cattle and hogs with steady to mixed prices. Potatoes and sugar futures nearby. silver prices steady in London.

Chicago Sioux City Iowa Omaha Associated Press Cologna ST. Pai South ST. Paul Minn Jay Portland

Market Top Heavy With Liquidation Amid Mixed Signals

New York traders faced reactionary pressure as top market heat faded and heavy offerings dominated. A tax bill in the Senate and broad liquidation cooled advances, while the United States Cast Iron Pipe stock led a partial rebound on quarterly dividends. Grain futures in Chicago showed initial weakness in wheat followed by late recoveries, with Liverpool and Buenos Aires prices weighing on sentiment and overall cash demand expected to improve.

Logan & Bryan New York Washington Senate Federal Reserve Chicago Liverpool Argentina Buenos Aires Tye

Also Mentioned on This Page

England Russia The Great Britain Brance Belgium Germany Minneapolis Prime Mercantile Paper Qustall Associated Pre East St. Loui London Metals NEW York Stock Exchange A, Clark & Bro. Bankers Butte Spokane United Wisconsin Minnesota Ener Duluth Jan New York Cowan Exchange New York Coffee & Sugar Exchange Shane Liverpool Cotton Ass'n United States Steel American Car Foundry Gold Dust Corporation A. A. Housmangwathmey & CO East Broadway Bute Montana Embcace Atlantic Pacific States Canada Billings Benita San Francino Lee Aneeien Finlen Hrugeryn Joughton General Mines Fon Cap Fon Fohtean Jaeco le Pame Pala United Verda’ Iixiesiaion Orde Ental Charles J. Kelly James E. Woodard James E. Finlen R. W. Place J. L. Teal J. J. Burke First National Bank OF Andrew J. Davis Stephenson George A. Mill Andrew J. Davis Jr W. J. Forsythe
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