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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jun 02, 1920

Page

12

Corn And Oats Rally In Chicago Market Summary

Corn prices rose sharply in Chicago as receipts lagged demand and rail labor fears spurred buyers. July and September futures climbed, then eased on dry weather views. oats gained on bullish crop reports, while hog price declines pressured provisions. Cash quotes for wheat corn oats rye barley and seeds listed with receipts at 34 425 cases.

Chicago Federal Reserve Commission Supreme Court

Market summary after Decoration Day holiday

The three day holiday left markets quiet with money opening at 6 percent and rising to 10 percent near close. Sterling weakens slightly while German marks and French francs firm. Prohibition referendum deemed illegal by Supreme Court. Leaders gain one to two points. United States Steel falls about one point pulling steels lower. Grain climbs about 10 cents on corn and 4 on oats. no cotton market due to contracts. Sugar futures rise but have little impact. Conventions ahead may keep sentiment cautious. oil and rubber shares look better with easing money and credits.

Heilbronner Company Sterling Exchange Supreme Court Southern Pacific Rock Island Wabashes Missouri Pacific Canadian Pacific Texas & Pacific Chesapeake & Ohio Baltimore & Ohio Atchison and Southern Railway United States

Chicago Livestock Prices Rise and Fall Across Cattle Bogs

Livestock market data from Chicago reports cattle receipts at 7,000 with beef steers up to 40 cents higher, top at 13.75 and yearlings to 14.50, heavy cows to 11.50, and calves to 15 with vealers firm. Hog receipts at 36,000 show prices 25 cents lower than yesterday on heavy weights, top at 14.60, and pigs steady to 25 cents higher. Sheep receipts at 13,000 indicate a slow market, best grades steady, lambs around 14.50, ewes 10 to 10.50, and medium lambs near 11.

Chicago

Spokane livestock market steady with varied prices

Hogs receipts 223 market steady with prime mix and medium mix prices ranging from 12.75 to 15.50 for heavy pigs. Steers and cows show a spectrum from 7 to 13 for common to good grades. Sheep no receipts. yearlings 12.50 to 13, prime 11.50 to 12.50, best mutton 6.50 to 9.50.

Spokane

Omaha Hogs and Cattle Prices Rise on Strong Receipts

Omaha notes heavy market activity with hog receipts around 25 600 and cattle receipts near 4 500. Hogs show gains to about 13.13 to 13.25 with top at 13.65 while stock pigs move around 12.50. Beef steers rise to 25 50c higher with yearlings near 13.50 and veal stockers strong. overall market steady with spring lambs and clipped lambs priced at 17 and 15.75 respectively.

Omaha

Mercantile Exchange Rates and Money Market Review

NEW YORK June 1 Mercantile aper 42 percent exchange strong Sterling: sixty day bills 3.86 commercial 60 day bills 3.86 demand cables 3.92 francs 12.86 Belgian francs 12.25 guilders 36 lire 18.87 marks 2.62 New York exchange on Montreal 11 percent government and railroad bonds time loans strong 60 90 days six months 8 percent call money 6 percent high 8 percent last loan 10 percent after the close quotations shown high 19 percent loan 10 percent last loan 10 percent

York Sterling New York Exchange Montreal New York Heilbronner Alaska E.ee Gulf & W Sumatra Eeee A Corpissss Ee Ewes Am Atchison Eeee Wean Baldwin Beth. Steel B Baltimore & Ohio Bosch Maneto Brooklyn Tsess Butte & Superior Calif. Petroleum Butte Ota Canadian Pacific Chandler Motor Colorado Columbia Graph Cerro de Pas Teee CO Barnes-King Butte-Bullwhacker General Ci Butte-Jar. M Goodrich Anes Butte-Plutus Butte-New England Gulf States’ Steel Haskell Butte-Ramsdell Int. & Barker Butte-Upton Dillon Kennecott East Butte Ewes Kelly Springfield Keystone Tire Lackawanna Ee Frantz Corporation Florence Serene Mex Petroleum Gates Oil A Maxwell Motors Greybull-Montana Miami Copper Western Oil Midvale Steel Golconda Oil No Missouri Pacific Harlow Oil and Gas Intermountain Mike Henry Pan-Am Musselshell Valley Pennsylvania Nabob O&m People's Gas Neihart Silver Pierce-Arrow Ohio Oil Pittsburg Oom Paul St Royalty & Producers Silver Bow Secur Rep Iron and St Stellar Oil Shattuck Arizona Tarbox Sinclair Oil Tri-City Sloss Sheffield Tuolumne Southern Pacific Southern Railway van Duren Stromberg Washington-Mont Studebaker Co Wind River Eee Tenes Co Willow Creek Texas & Pacific Wyoming Wyo Yellowstone Union Oil Union Pacific United Allo Salt Creek United Fruit Sapulpa United Ret Tand Motors Stanton Oil U. S. Ind Stewart Mining Swift & Co. Int'l S. Steel Pfd Temisk Utah Copper Tonopah Mining Tree Ee Western Union Torpedo Boat Eeee Peeee Westinghouse United Eastern United Verde Wilson & Co Y Willys-Overland Worthington Pump Wayland West End Liberty Goldwyn NEW York Carr Boston W. H. Dunsigas Aetna Heilbronner Company Allied Packers Atlas Algomah Oo Caledonia Calumet & Jerome Canada Calumet Calumet & Hecla Carson Hill Centennial Cosden Coppermines E . Sete Eee Daly-West Cresson Davis-Daly Curtiss Aero Pete Fenee Dundee Franklin du Pont Hancock Serene City Elk Basin Emssereneee Isle Royale Eereeeen Federa Sete Island Creek First National Glenrock Hollinger Michigan Houston Owe Sound Masonalley New Arcadia Iron Blossom Eee Ewes Oy North Butte Island Oil Old Dominion Jerome Verde Osceola Eee Od Kerr Lake Ee Ojibway Magma Quincey Mason Valley Ee St. Mary's Merritt Superior South Lake Midwest Midwest Refining Trinity Pe Utah Apex Utah Metals Tms Peerless Peewee Weer Victoria Eeerne Wopisglion Ceseseedse Eas Wolverine Eesee Pennok Eee

Copper and metals market notes from New York June 1

Market report from Metal MarketT New York shows copper dull with spot and nearby bids around 19. antimony at 9 cents. lead quiet with spot trading around 7.65 cents bid 7.65c asked. prices cited for No 1 northern copper at 49 and nearby Thames copper at 48 with July at 52. East St. Louis lead delivery referenced.

Metal Markett New York Fineuiet East St. Louis

Sugar Prices In New York Stable On June 1

Raw sugar centrifugal unchanged at 29.57e and refined fine granulated steady between 21.50 and 26.50c as market quotes hold firm in New York.

New York

Market quotes Bar silver and currencies

New York on June 1 reports bar silver at 99 3 4 percent and Mexican dollars at 75 percent. London prices show bar silver at 57 1 4 pence per ounce with money and discount rates noted, including 6 percent on short bills and three month bills around 6 1 16 percent.

NEW_ YORK London

Stock Market Reverses as Fed Tightens Credit

New York stocks opened with broad declines after federal reserve banks signaled tighter credit. About 550000 shares traded as major issues including Crucible, Bethlehem, Republic Steel, Mexican Petroleum, Pan-American Petroleum and Studebaker fell 1 to 4 points. Rails and oils showed mixed moves with some recoveries later, call money rose, and Liberty bonds slid while trading ended heavy awaiting Supreme Court rulings.

Federal Reserve Banks Chicago Crucible Bethlehem and Republic Steels Mexican Pan-American Petroleums Studebaker American Locomotive Baldwin Locomotive Union Pacific Texas & Pacific Rock Island United Fruit Chandler Motor Crucible Steel St. Louis San Francisco Missouri Pacific and Southern Railway Liberty Bonds Shorts Motors Washington Supreme Court Tobaccos

Stock market liquidation may continue despite some recovery

The text warns that liquidation may not be over and that further pressure could affect confidence. It notes the market trend remains downward and suggests more selling is likely, even if Liberties begin to rise from the bottom.

Heilbronner Company

Rail and immigration shifts press long-term market outlook

Doubt clouds investments as buying slackens and railroad issues struggle for earning power. Motor truck and tractor sectors grow essential for business, blurring lines with non-essential output. Immigration runs at 110,000 in 1918, 1,197,000 in 1913, 1,218,000 in 1914, limited by steamship capacity. High importance given to immigration due to scarce unskilled labor.

Europe

Confidence in banking slows deflation fears in copper news

Outside buying appears in the copper list amid improving European credit signals. Bankers say public resistance to high prices grows, economy is spreading, and deflation may occur without major disruption. They insist the banking system will prevent panic as real readjustment begins. Eastern bankers emphasize a strong position with reserves for emergencies and orderly recession plans.

New England

Scarcity of offerings in leading industrial stocks noted

Reports from floor specialists indicate a general market feature with scarce offerings in top industrial and railroad shares. The bear element reportedly faces a shortage of material to retire large outstanding short commitments in copper and motor groups.

Market Rally Hindered by Monetary Tightening

The market may rally yet strong headwinds persist as monetary improvements tighten credit. Reduced bank loans and lower demand push interest rates down, requiring a lengthy liquidation in bonds, stocks, finished foods, and raw materials to achieve the needed adjustment.

Butte and Superior shows first quarter gains in profits and costs

The Butte and Superior Mining Co reports in Boston that the first quarter earnings and operating results beat recent months. Net profits after depreciation run at 3.69 per share on three months, costs per ton fell to 8.62, zinc prices rose to 8.58 cents per pound, and zinc concentrates treated totaled 35,045,757 pounds with 95.01 percent mill recovery. American Zinc also mirrors early-year gains with 197,240 dollars net in three months and plans a new zinc oxide plant at Columbus, Ohio by August.

Butte & Superior Mining Company Boston Butte & Superior Ben Hacking Supreme Court American Zinc Company Boston News Bureau American Zinc Columbus Ohio

Horoscope for June 2 1920 Mars favors action and growth

On Wednesday June 2 1920 Mars in benefic aspect inspires courage and initiative. Neptune and Jupiter are mildly adverse while forecasts predict rewards for veterans and increased manufacturing output, with rail travel rising and heavy public expenditures looming amid a pending theatrical crisis.

Mars Neptune Jupiter United States

Astrological Forecast for the Year Ahead

A 1920 astrology brief predicts a highly active year for many, with emphasis on distant stars guiding the West, shifts in industrial and political spheres, and heightened world attention. It cautions health and business care for those born on the day, notes keen but imaginative children, and hints at favorable marriage prospects for girls.

West McClure

Three Forks News highlights local visits and bridge plan

Residents host out of town guests from Deer Lodge Two Dot Bozeman Manhattan and Helena. Local residents travel for family matters and health. A special meeting in Boulder city aims to unite efforts for building a Jefferson River bridge with plans nearing completion.

Three Forks Manhattan Harold Jurgenson Harry Gustine Bozeman W. E. Young Old Town Pete Sorreils D. A. Moore Lee Henslee Los Angeles Cal LeHie Jefferson River Boulder City

Hero chaplain dies as Medal of Honor comes

New Bedford Mass Rev Father John B De Valles hero chaplain of the One Hundred and Fourth US infantry died in St Luke s hospital after illness from gas exposure in the war He had learned the war department approved his Congressional Medal of Honor already held the Distinguished Service Cross and the Croix de Guerre He previously led St James parish Coral is found in every sea but thrives in tropical Pacific regions

New Bedford Mass John B. de Valles One Hundred and Fourth United States Infantry St. Luke’s Hospital Father de Valles War Department St. James’ Parish

Also Mentioned on This Page

Egee Rails California NEW York Money Iron Steady Northern Thames Orthern Southern NEW York Stock Exchange Wall Street Sandon British Columbia French Creek Salmon River Idaho Bear Creek Mount Marshall Buffalo Hump W. H. Dunnigan Bohemia Boston & Ely Butte & London Calaveras Eagle & Bluebell Houghton Terete Majestic Nevada-Douglas Oneco Tee Rennae United Verde Os S. W. Miami Montana Crystal New Orleans THE East Broadway Cotion Frantz Corporation Royalty & Producers Burke Oil Company Cow Gulch Oil Company York & Company Denver First National Bank Casper, Lask, Douglas and Manville, Wye Congress Equator Polar Pacific Federal Reserve Bank Savings Department Daly Bank and Trust Company of Incorporated Weeeeeeeee Federal Reserve System Andrew J. Davis C. & Captom Ooccces J. E. Stephenson George U W. A. Clark Ross DR. Lamb Mercury St
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