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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jul 19, 1924

Page

10

Wheat price setback hits markets on heavy Winnipeg supplies

Wheat prices fell across Chicago and Minneapolis trading as reports of heavy Winnipeg deliveries totaling 1.63 million bushels and wet Canadian crop prospects weighed on values. Corn oats and provisions also moved lower while cash quotes and regional grain details followed the day’s market drift plus brewing Liverpool and export bearishness.

Associated Press Chicago Canadian Northwest Winnipeg Liverpool

Rail stocks surge as ICC rejects grain rate cuts

New York stock market shows strong rail and copper gains with 34 carriers hitting new yearly highs after the Interstate Commerce Commission refused to reduce grain freight rates. Volume nears 1.25 million shares as investors seek copper, General Electric, Adams Express, and other issues, amid easy loan conditions and firmer foreign exchange.

Interstate Commerce Commission Associated Press New York Wall Street New York Central Atchison Illinois Central Southern Pacific Northern Pacific Great Northern Chicago & Northwestern Rock Island Atlantic Coast Line General Electric American Car and Foundry Adams Express Advance Ramely Caramel Fruit Davison Chemical Goodyear Tire Lima Locomotive Savage Arms Texas Gulf Sulphur United Fruit Call Money London

Potato Market Slows As Receipts Rise In Chicago Trade

Potatoes in Chicago July 18 show a slow market with weak demand. Receipts reach 27 cars and 210 on track, total United shipments 338 cars. Missouri and Kansas sacked Irish Cobbler bids range from 1.40 to 1.65 for best stock, poorer stock down to 0.25. Sacked Ohio 1.25 to 1.50, North Carolina barrels 2.00 to 2.50, Virginia barrels 2.50 to 3.15. In other notes an English aviator started with 100 and won 30,000 at Nice and Monte Carlo before losing it all in one evening.

Associated Press Chicago United Missouri Kansas North Carolina Virginia Nice Monte Carlo Sere Istes

Progress Made by Public Utilities and Grain Markets

The report notes rains in Canada and weak cables triggering a broad market decline in corn and oats, with Kansas City leading losses of 6 to 7 cents. Cotton shows a reaction to showers in Oklahoma and Arkansas. In utilities, rails show stronger gains while oil stocks lag, with Cosden leadership changes and Sinclair dividend suspensions. Gold reserves rise by about 17 million, and Standard Oil Indiana buys 10 million gallons of Cosden gasoline to stabilize mid cont field pricing.

Canada Kansas City Oklahoma Arkansas South New Orleans Lauzier-Wolcott Co Mid-Continent Gulf Coast Wyoming Sinclair J.S. Cosden Cosden & Co Interstate Commerce Commission Federal Reserve Lima London Standard Oil Company of Indiana

Foreign exchange rates steady in New York

Foreign exchanges were steady in New York with cents quotations for numerous currencies. British demand 4.37 percent, cables 4.37 percent, 60 day bills on banks 4.34 percent, France 5.11 percent demand and 5.12 percent cables, Italy 4.30 percent demand and cables, Belgium 4.56 and 4.57, Germany 23. per trillion, Holland 37.88, Norway 13.40, Sweden 26.58, Denmark 16.04, Switzerland 18.21, Spain 13.26, Greece 1.70, Poland 19, Czecho Slovakia 295, Yugoslavia 119, Austria 0.014, Romania 45, Argentina 32.50, Brazil 10.00, Tokio 41, Montreal 99.

NEW York Stock Exchange Allied Chem Cree American Smelting & Refining American International Corporation American Bumatra 100Merican Telephone & Telegraph Atlantic Gulf Austin-Nicholls Baldwin Locomotive Ethliehem Stee Chicago Rock Island California Petroleum Gottnieviscie Oy IM Central Eeereeeeens Colorado Fuel Os Reececsees Soreeboders Ndler Motors Ete Gon Chemical Erri Er Rt Spoacdecove Geaeh Cine Eee Eee Arves Ea City Southern Fener Ouieville Sarrishville Kansas & A New Montana Arro Oi Haven Cess Barnes-King Ee Serene Iorthern Pacific Srv Adh Oh Beess Boston-Wyoming Asmt Perro Pierce- Arrow Peer Producers & Renners Petroleum Copeco n-American Tiss Gladys Belle BR En Epubite Iron & Bteel Hager-Stevenson Sears Oebuc Southern Pacific Studebaker Texas Pacific Deane Ck Texas SBS Northwest Petroleum Tennessee Stevenson-Ro Union Pacific Spree Roy Texas Gul Sul United States United Rats Waba Westing House Eiedric Sae Hwante Willys. Verlan Bhillips Petroleum Cop Orr Ullman See Bewart- Mpmot Wwe York Tiahiaaiads Seacesrecediabas Salie Ky Etfs The Associated Press New York Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Jugo Slavia Austria Rumania Argentina Brazil Tokio Montreal

Call money steady in New York market July

Call money in New York on July 18 remained steady with a ruling rate of 2 percent. Closing bids stood at 2 percent, with offered rates at 24 percent and last loan noted at 2 percent. Call loans against acceptances were reported at 1 percent.

The Associated Press New York

Time loans easier as metals hold steady

Time loans eased with 60 to 90 day terms at 2 percent and three months at 3 percent. Bar silver in New York quotes 67 cents, Mexican dollars 51 1/2 cents. London silver 347 16 pence per ounce. Copper steady at 12 1/2 cents. tin firm at 46 37/64. iron irregular at 19 to 19 1/2 dollars. Lead, zinc, antimony quoted with spot and futures in London and New York markets.

London The Associated Press PFW York East St. Louis

Livestock market report from Chicago July 18

Hogs receipts 31,000 steady to 10c higher with strong shipping demand. Prices top at 8.10 for heavy hogs, 7.30 to 8.50 for 170 to 325 pounds, 7.35 to 7.75 for 140 to 160 pounds. Cattle receipts 4,000 slow with few steers above 9.00, top handy weight 10.25. Sheep 14,000 active and generally steady with fat native lambs 14.00 to 14.25, western lambs 14.50, odd fat owes 5.00 to 6.00, feeding lambs 12.25.

Chicago U.S. Department of Agriculture

Cattle and Hog Market Review From St Paul Area

Receipts: cattle 1200 slow and weak with best steers and yearlings in very light supply. Calves 1000 steady. Hogs 5500 slow, steady to higher with bulk 160-300 lb butchers 7.50 to 7.65. Sheep 300 steady with fat native lambs 12.50 to 13.60 and other weights and grades noted.

ST. Paul South ST. Paul U. S. Department of Agriculture

Los Angeles Livestock Prices and Receipts Report

U S receipts 200 slow weak with common steers 4.00 to 5.50, cows 3.50 to 4.50, canners 1.50 to 3.00. Calves scarce, 25 to 40 cents lower. Hogs 650 with 180 direct to packers. early sales 9.00, good to choice garbage fed butchers higher, medium weight 8.50, packing sows 6.50. Sheep receipts none. lambs late yesterday sold today at 11.75, 77-pound averages steady, choice lambs 12.50, choice ewes 3.75 to 5.00.

Los Angeles U. S. Department of Agriculture

Denver market recap yields higher hog prices and steady cattle

Denver July 18 reports hog receipts 250 with prices 7.75 to 7.80 for mediums, few 7.65 to 7.75 drive-ins, packing hogs steady at 5.75 to 6.00, some 130 to 140 pound hogs at 5.75. Cattle receipts 200 with steady holdovers, cows 5.00, steers 6.00 to 7.25, common stock 2.75. Sheep receipts 3,400 with western lambs steady, Idaho three roads at 13.25, other classes steady.

Denver Colo U. S. Department of Agriculture A. Ca Three Roads Choice Idahos

Portland cattle and hogs market report

Port land market summary notes cattle receipts at 274 steady with a fancy grain fed steer load around 1200 pounds bringing 8.60 after premiums. Hog receipts 1,066 direct with nominal steady prices and no trading. Sheep and lambs 521 with Mount Adams lambs bought to arrive at 11 dollars.

Portland Mount Adams

Spokane Cattle Hogs and Sheep Receipts Report

Spokane July 18 cattle receipts 54 steady prime steers 6.50 to 7.50 hogs receipts 308 steady sheep receipts 60 steady times and prices noted for market activity.

Spokane

Wool market strength rises further in week

The Commercial Bulletin reports that after two weeks of strength in raw wool the market has intensified over the past week. Prices are described as higher across the board, with gains noted in key wool types and fleeces, signaling robust demand and steady trading activity.

The Associated Press

Wool market analysis signals modest gains and strong West clearance

Wool markets show a 5 to 10 percent lift from recent lows as buying dries up near week end. Two week movement exceeds normal by 20 to 25 million pounds with mills securing supply for light weight season. Bradford reports rising tops, western regions clear rapid clip, new clip around 85 percent sold and prices hardening. Goods markets hold steady with minor repeat order activity. Mohair remains quiet and barely steady.

Bradford

Invention of a Tire Inflation Warning Signal Device

A new signal device has been invented to warn drivers of over or under-inflation in automobile tires. The device detects pressure deviations and alerts the vehicle user to adjust air pressure for safer driving and improved tire life.

Also Mentioned on This Page

Clover Minneapolis Suly A. of Spokans Tee Enna Hull Co Howe Sound Jeromeerde Kerr Lake Magma Chief Earn Boston Curb Lauzier, Werent & Co Bohemia Seer Boston Butte &Ndon Calaveras Crown Serve Eagle & Blue Bell Houghton Eee Ewne Hio Copper Oneco United Verde Saane Miami T. Pd New E Shea First National Lauzier Oheots & Co Ask Adventure al Omah Utah Victoria Wyandotte Ee Ventura Con Laugier Richmond Western Union Eee West Hunter Stratton NEW York Money Kingdom of Beijium Kingdom of Norw Republic of Chile Nnt Telcom Ontana Po Naitie Ane Vania Bindia Y United Mon Isle Ist Union Benen Wre Boston News Bureau Lauzier, Wolcott & CO Butte Bilis Misson Kcago Board of Trade N. Y. Shaean Salt Lake Stock Exchanges London Metals Charles J. Kelly James E. Woodard James T. Finlen R. W. Place J. L. Teal J. J. Burke First National Bank OF Andrew J. Davis E. Stephenson George A. Bill Andrew J. Davis Jr W. J. Forsythe Ww. A. Clark J. Ross Clark W. A. Clark & Bro. Bankers Alex J. Johnston K. Heslet E. J. Barker Datte Lamb E. Galena Butte, Mont United States Mall Drummona Helmville Ovando No. 4 Berlin
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