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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jul 31, 1924

Page

10

Markets and Mining News From Canada and U S Grain Markets

Canadian buyers and favorable weather spurred heavy wheat selling in Chicago with prices down and traders anticipating a larger domestic crop. Government reports loom next week and export business is seen under cover while corn and oats fall with better crop outlooks. Minneapolis notes mixed grain prices with No. 1 northern wheat at 1.33% to 1.38% and oats at 51% to 1% higher. copper and silver markets little changed in New York.

Associated Press Chicago Winnipeg Liverpool Canada Ward United States Minneapolis Ansociated

Steel leads stock gains as profit taking eases

In New York trading, profits pulled prices back but late buying steadied markets. United States Steel rallied to a high around 106 1/2 while rail issues stayed weak. American Can and General Electric hit new highs before a late rally. foreign exchange showed weaker francs and a steadier call money rate amid a large loan volume.

Associated Press New York United States Steel Corporation United States Steel Common American Can Baldwin General Electric American Tele- Philadelphia Reading Coal and Iron United States Steel NEW York Stock Exchange Lausier, Wolcott & Co

LIT ENCOUNTERS IMPORTANT MOVES

The article notes a strong market rally led by the United States Steel group and a general list uptick with heavy profit taking in rail shares. Goodyear, Magma Copper, Savage Arms, and Cuban Cane Sugar are cited for gains or favorable outlooks as investors anticipate stabilizing demand and dividend actions.

Livestock market report from Chicago delayed sale notes

July 30 livestock prices show uneven demand with cattle receipts around 11 000 and hogs trading steady to firm. Top hogs reach 11 00 to 11 10 for choice weights, packing hogs mixed. cattle feature strong demand for fat and long yearlings with top steers around 11 60 and 11 40 for heavy weights, light stockers and feeders down from earlier levels.

Ccuicago Rene Department of Agriculture Hoge Derry

Cattle and Hogs Trade Reports Across Several Markets

United States Department of Agriculture dispatches from Saint Paul Kansas City Omaha Spokane and Portland show cattle and calf receipts in the thousands with sales steady to higher. Slaughter steers yearlings and heifers mixed gains and weaker meals. Hog demand uneven with top values near 9.50 while sows and feeders vary by market. Sheep receipts steady with limited sale activity and higher native lamb quotes in some districts.

Cattle Hog and Sheep Market Report From Los Angeles July 30

Cattle receipts 700. Market slow but about steady with good and choice loads of Imperial steers and various grades of cows bulls and calves. Hogs receipts 1,000 with moderate activity, mostly 8c to 1 higher. Sheep receipts 6, no early sales with lambs slow and weak. Prices include pigs at 8.75 to 10.75, cattle 3.75 to 5 for cows, calves 1.15 to 4.25, hogs 8.50 to 12.00, and lambs up to 11.25 for choice weights. Foreign currency quotes follow.

ST. Paul United States Dept of Agriculture Montana States Dept of Agriculture Kansas City Vance Kansas Amsoc Department of Agriculture Omaha Shippe Portland Brent Angeles The Associated Press V8 Department of Agriculture Los Angeles

Also Mentioned on This Page

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