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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 23, 1926
Page
12
The day’s quote sheet notes no sales for wheat and corn with mixed No 4 and No 3 prices. Oats hold at No 2 white 42 42 1 2 cents. Hog and lard figures listed with general market declines as investors retreat.
Stocks gained on January 22 as heavy buying of United States Steel and stock market strength following reports of early resumption of anthracite peace talks supported prices. Delaware & Hudson Lehigh Valley Reading and others posted gains while Frisco and Rock Island saw modest increases. Call money stayed around 4 percent and foreign exchange showed irregular European rates with sterling near 4.85 dollars.
Logan and Bryan report a choppy trading day with heavy offerings guiding prices lower in early sessions, then late gains as floor traders cover shorts. Anticipation of resumed talks on the anthracite strike and prospective tax legislation shapes sentiment amid modest demand and widespread liquidation signals.
Associated Press chronicled steady call money and time loan rates in New York with 4 percent levels and collateral details. Foreign exchanges show steady quotations with Britain at 4.86 dollars and 3.74 percent beds, plus London and other metals pricing from London and New York markets.
Chicago receipts 26,000 cattle and hogs mostly higher with mixed demand. Hog values rise to 12.75 to 13.25 per 100 pounds. heavy weights buttered around 11.75 to 12.50. Cattle receipts 8,000 with fat steers 8.50 to 9.50 and vealers down slightly. Sheep receipts 8,000 steady to higher. lambs to shippers 16.25 and feeding lambs 10.25. Spokane cattle 58, hogs 102 with mixed bids. St Paul markets show weak to steady demand for cattle and yearlings. calves top 11.50. hogs range 9.50 to 12.25.
Cattle and hog markets show mixed but generally steady trends with strong sheep activity. Receipts reach about 1,000 cattle and 700 hogs. fat lambs around $14.25 to $14.40, 86 to 117 pound lambs near $14, and western lambs priced around $14.25. Feeder and steer lines offer mixed figures, bulls and veals variable, with few high-grade loads and several price bands across categories.
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