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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 05, 1919
Page
10
Traders faced a slower session with 1.24 million shares traded, down from Tuesday’s level. Analysts cited irregular crosscurrents, improved money conditions, and a shift from industrials to rails and coppers before returns to industrials. Copper remains active, and weather signals mix with expectations of easier cash markets.
New York June 4 The stock market steadied after Tuesday’s liquidation with money abundant and buyers returning to motors oils rails and steels as well as many specialties rising two to five points. Lehigh Valley and Gulf States Steel fell sharply before a partial recovery while Liberty bonds rose and total sales reached 9.15 million dollars. Old United States bonds held steady on call.
United traders show cautious mood as demand wanes for corn and oats. Prices drift lower for July and September contracts while hogs and lard edge down, with weak rural offerings limiting buying support and shipments.
Omaha June 1 Livestock receipts and prices show steady to yesterday for beef steers and calves with cattle and hogs trading unevenly. Bulls steady, feed cattle lower. Beets and butchers higher in spots. stockers and feeders steady. Prices quoted for a range of weights and grades reflect a sluggish to steady market. Facilities report hogs top around 20.00 with varied heavies and sows at 18.75 to 20.10, while cattle values span from 7.00 to 14.25 for common to prime grades.
Portland Oregon June 1 cattle market steady with best steers and good latter prices cited. Hog prices around 18 19 with top quotes near 23 25, calves and bulls listed. Overall market tone described as steady across cattle hogs and calves with varied grades reflected in quoted ranges.
The market notes mercantile paper and government bonds with rates around six percent. Call money sits near the ruling rate, while Liberty Bonds show varied prices led by Victory issues at specific bids and asks.
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