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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 27, 1920
Page
27
Markets report a modest corn uptick as car supply in western regions improves while eastern outlets remain clogged. May corn at 1.35 percent. July at 1.32 percent. Oats, provisions also move with mixed shifts. receipts listed for corn, oats, rye, barley, and pork products against stockyard activity.
New York reports a free fall in international exchange rates with British and French markets leading the decline. Sterling falls to 3.584 per dollar, francs offer 8 cents, lire around 14.60, and the mark just above 1 cent, as Austrian crowns become barely tradable.
Minneapolis market update shows flour unchanged. Shipments 39 509 barrels and receipts 457 cars for wheat compared with 165 last year. No. 1 northern cash corn and No. 3 yellow corn priced around 1.43 to 1.45. Oats No. 3 white about 82 to 83 percent. Flax valued at 5.25 to 5.30.
Mercantile paper six percent demand at 359 and a half. cables Francs demand 12.37, cables 12.35. Belgian francs demand 12.69, cables 12.67. Guilders demand 38 and cables 38 134. Lire demand 14.47, cables 14.45. Marks demand 107, cables 108. Time loans strong at 60 days six months seven percent. Call money strong high 10 percent. low and ruling rate seven percent. closing bid nine percent. offered at and fast loan 10 percent.
Copper eased with electrolytic spot and first quarter at 18% 194 cents, second quarter at 19% cents. Iron remains steady with No 1 northern at 45.50 and No 2 northern at 44.50. Zinc quiet at East St Louis delivery 9.10 bid 9.25 asked. Lead firm with spot and February at 0 cents bid 0.80 cents asked. Antimony quoted at 11.25e.
Lib erty bond prices quoted in New York at 2 55 p m show the 2 55 p m levels for Series One and Two issues including 45 and 4345 First 45 second 4s and third 4s and fourth 438 are listed with values around the high 80s to mid 90s Victory 3 8 and Victory 4s are quoted near 98 38 and 98 36 respectively
New York stocks showed sluggish early trading on January 26 with gains forming late in the session led by steel producers Crucible and Republic, Baldwin Locomotive, and petroleum issues Mexican and Pan-American. Trading totaled 775 000 shares with total par value about 11 750 000. overseas rates fell and sterling hit a fresh low of 3.59 dollars as rails lagged.
The visible supply report shows wheat down 2,911,000 bushels while corn rises 41,000, oats fall 827,000, rye gains 698,000 and barley drops 65,000 bushels.
Bar silver in New York at 1.34 with Mexican dollars $1.02. London bar silver at 814d per ounce. Money rates show 3% discount on bills and three month bills at 5% per cent.
The first census of the United States was conducted in 1790 showing early population counts. This historic enumeration marked the beginning of nationwide demographic data collection.
Davis-Daly Copper shows strength with a high of 12 dollars, closing at 11.87 bid 12.12 asked, while many orders remain unfilled. Litigation threats dissolved into manipulation, boosting the stock as ore developments at the 2700 foot level and 1200 level attract investor attention to high grade veins and potential new ore bodies.
The Ripple Consolidated company received three cars of second class silver ore from the Ripple mine Neihart Montana at the East Helena smelter. The gross value was 3961.56 with net after freight and smelter charges 2473.65 and ore value per ton 27.77. President McBarron said five more car loads remain unsettled and weekly shipments total three to four cars.
Gold in London at 116 shillings per ounce. Sterling opens weak at $3.60, nine month calls quoted at $3.85 per 10,000 pounds. Copper stocks cited as improving yet producers hold surplus. International Petroleum pays 59 cent dividend payable Feb 2. Markets note steel week with A Steel and Bethlehem Steel earnings upcoming. New York exchange sees small day losses, copper prices around 19 1/4 cents.
A young Chinese woman linked to the Methodist mission at Kakiang China desires to go to Africa as a missionary.
A fragmented OCR item mentions roles including President Vice President and Assistant Cashier. The readable parts imply a discussion of office titles and staffing, with no clear action or event details. Further context would be needed to specify a concrete incident, date, or organization.
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