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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 25, 1922
Page
8
Market report notes weather shifts aiding grains, with corn and wheat reacting to export demand and hedging. Quotations shown for May and July wheat, corn and oats mixed as profits, protections and weather expectations influence buying and prices discussed alongside foreign exchange and commodity notes.
The New York Stock Exchange shows uneven gains among volatile specialties while rails and industrials remain dull. Money rates slip with 4 percent call loans, sparking talk of further discount rate cuts. Dealers note subdued interior demand as investors weigh labor tensions and new issues like the Seine loan.
General Market tones remain strong amid wide fluctuations with brisk buying for Davis-Daly and gains in Electric Battery Gulf States Steel and Anaconda Utah Copper lead a copper and steel rally. Analysts note limited broader trade improvement, auto prices easing, and tentative moves toward stock exchanges and dividend plans for Mother Lode and Kennecott.
A stray OCR digest shows livestock market data from Chicago and Kansas City with prices, weights, and receipts. It notes calves, fat lambs, hogs, and cattle trading as reported by the United States Bureau of Markets and Associated Press, with scattered figures like 93.9 and 4,200 dollars.
Market reports show mixed receipts and prices for livestock and dairy items. Prime lambs and mutton show slight gains, while butter and cheese rise modestly. Fowl and eggs hold steady with unsettled refrigerator meat prices. Bar silver in London and foreign rates noted.
California lawmakers establish toyon ranching as a new state industry to farm the red berries used in Yuletide decorations. The toyon, a rose family plant, fruits from November to spring, with the largest known tree at Stanford University campus.
A long running clash between Britain's colonial affairs office and the Admiralty concerns Ascension Island 800 miles northwest of St Helena. The island appears on the Admiralty list as a ship with a captain under Gibraltar command, but the Admiralty seeks to shed it to cut costs. The colonial office refused the gift after learning annual maintenance runs to 340,000 and yields turtles only, reflecting a broader government economy drive. In another item, a butcher's assistant testifies in a Wandsworth case that his name Germany has not changed since 1855.
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