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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 20, 1918
Page
10
The stock market opened higher but soon faced profit taking and minor declines. Steel moved up then fell to 107, then rebounded after buyers supported the price. Rumors of favorable developments in rail, locomotive, and electrical stocks circulated with hopes of a big upward move within 30 days.
In New York trading on July 19 stocks paused their upward drift as war news remained bullish yet price gains faded. United States Steel led losses with a two point drop while Baldwin Locomotive and Bethlehem Steel also slipped. Total volume reached 475,000 shares as negotiable bonds showed mixed movement and Paris bonds rose briefly before retreating.
The item details stock quotations and money rates with notes on wheat provisions and grain, foreign exchanges, and interest bids. It references No. 2 red wheat prices around 2.23 to 2.24, various yellow and white corn figures, pork and lard nominal values, and unsettled butter. Includes mercantile paper and London money rates, plus a mention of a portable calculating machine.
Chicago market notes report fresh entente allied gains lifting sentiment but corn prices closed unsettled down several points. August and September futures edged lower while provisions nudged down modestly. Weak corn outlook, limited elevator room, and shorts short covering driven by cautious trade amid crop reports from the Northwest.
Market dispatches show cattle and sheep receipts across Seattle and Portland with mixed trends. Cattle receipts reach 7 000 in Seattle and 12 000 in Portland, with steady to firm prices on good stock, but weaker tone on common cattle. Sheep see steady to slightly lower, lambs down modestly, with calves and canners varying by grade. A veteran grooms the merchant marine corps, entering a deck officer program after service.
A farmer near Cal ry engaged in jackrabbit hunting along the Feather River killed two wildcats. One cat charged a tree during the pursuit, and the farmer shot it down. The second wildcat fled but was killed when it returned and the farmer fired again.
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