MARKETS MINING AND FINANCIAL NEWS 1928 profits rise
MARKETS MINING AND FINANCIAL NEWS 1928 reports a profitable start to the year with earnings of 86 645 dollars after all charges in the first four months.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 24, 1923
Page
10
MARKETS MINING AND FINANCIAL NEWS 1928 reports a profitable start to the year with earnings of 86 645 dollars after all charges in the first four months.
Chicago and Minneapolis markets show lower wheat averages despite a late rally driven by Northwest damage from black rust and hedging sales. September and December futures edge down while corn, oats, and pork reflect mixed moves amid sparse export demand and abundant world supply warnings.
New York July 23 The stock market showed irregular prices with a smaller volume. Some miscellaneous stocks closed higher while railroad shares declined in late trading. Oil shares faced early pressure but recovered, and leaders remained narrowly traded with mixed closing moves across several sectors.
In New York on July 23 bar silver at 63 and Mexican dollars at 48 percent, while in London the silver bar stands at 31 1/4 per ounce with money at 1 1/2 percent.
Call money ease with ruling rate at 4 percent. Last loan and closing bids stand at 4 percent. Time loans show 5.5 percent for 60-90 days and 4-6 months. Prime commercial paper at 5.5 percent.
London market notes reveal Standard copper at 65 pounds 12 shillings 6 pence spot and 66 pounds 7 shillings 6 pence futures. Rectrolytic copper at 72 pounds 158 shillings? futures 73 pounds 7 shillings. Tin spot 186 pounds 12 shillings 6 pence, futures 187 pounds 15 shillings. Zinc spot 30 pounds 6 shillings, futures 29 pounds 17 shillings 6 pence.
New York and Chicago dairy markets show higher butter prices with assorted grades. New York prices list extras around 41 42 cents and creamery firsts near 37 41 cents, while Chicago reports extras at 22 25 cents and various firsts up to 37 cents amid large receipts and mixed grades.
The Lauzier-Wolcott summary notes steady market tone with gains in railroad related shares. American Locomotive leads with anticipated dividend driven strength. June earnings expected to reflect favorable conditions. Granby Mining reports 16 million pounds copper in six months, costs steady. Anyox concentrator under construction to boost output. Kansas City Southern posts June net of 374,267 and six months 2.37 million, American Locomotive seen earning about 12 per share on 600,000 shares. Booth Fisheries resumes profit-focused activity after prior losses.
New York reports show Amerian Smelting led lead to 6.25 cents per pound while sugar markets were unsettled with minor declines and copper and iron prices steady. In Mexicali, over 200 people were detained as police cleared streets and taverns amid fight linked to a July 14 city hall shooting. two men are suspected in the incident.
Futures closed easy with limited demand and nominal activity. September 4.96c, December 4.37c, March 3.37c, May 3.43c, with about 5,000 tons in approximate cases.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.