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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 11, 1925
Page
10
The June 10 New York market reports a 7 percent fall in wheat after early gains, driven by profit taking and awaiting the Canadian crop forecast. Corn and oats dipped. declines spread to provisions. Stocks drifted in a thin session with oils and rails showing uneven moves amid mixed corporate data and currency shifts.
Minneapolis notes flour unchanged with higher outlook and family patents priced at 9.15 to 9.25 while bran stands at 27.50 Duluth flax markets show July at 2.85 and September at 2.51 October at 2.44 with clear closing values for Duluth.
New York and Chicago commodity notes show butter and egg prices with mixed receipts. In New York on June 10 butter steady with creamery and extras rising. eggs irregular with various white and brown egg classes, while cheese remains steady. Chicago reports butter market with creamery extras at 42 cents and firsts around 39 to 41 cents amidst large receipts.
Market notes report bar silver at 68 3 4 cents in New York and Mexican dollars at 52 1 2 cents. London quotes bar silver at 111 164 per ounce and money at 8 percent. A stray line mentions crowds in France and new street car motormen testing their abilities.
Trading on the New York Stock Exchange has quieted into a summer market with a 50 cent dividend from Butte & Superior Mining boosting activity. Steel tonnage fell but already discounted while oils remained market leaders. The St. Paul reorganization and Chesapeake & Ohio Nickel Plate merger trials draw attention as transportation news turns negative. Overall, expect lower prices with potential late-day rallies and selective buying only. St. Louis-San Francisco earnings show temporary April dip, May gross should rise to 7,451,107, while treasury financing hints at continued easy money. Domestic crude oil output last week is estimated at 2,313,835 barrels per day, down 34,129.
Foreign exchange quotes in New York on June 10 show irregular demand with cents quotations for Great Britain at 4.85 percent on demand and 4.86 on fare, 60 day bills at 4.81. France quotes 4.881 percent on demand and 4.89 on cables. Italy demand 3.96 with cables 3.96. Belgium demand 4.83 and Germany demand 23.81.
Copper steady at 13% 13%c spot and futures 13 %c. Tin steady at 55.62c spot and 55.50c futures. Iron unchanged. Lead easy at 8.40 to 8.50c. Zinc easy in East St Louis at 6.95 to 7c. Antimony spot 16.50 to 16.75c.
No changes in refined sugar. quotes 5.55 to 5.70 cents for fine granulated. Withdrawals on old contracts, new business limited. Futures closed firm with about 48,000 tons sold. July 2.72 cents, September 2.85, December 2.93, January 2.91.
AP reports June 16 Chicago potateo market with receipts and shipments: new and old stock totals for the United States, with prices for sacked Triumphs ranging roughly from 2.15 to 2.50, improved old stock, and round whites in Wisconsin and Michigan at about 75 cents to 1.15 per cwt depending on quality and condition.
Hogs receipts 22 000 slow with prices 10 15 cents lower than Tuesday's best or about steady in parts. Cattle receipts 13 000 demand largely at a standstill with early sales weak to 25 cents lower. Sheep receipts 12 000 with fat lambs steady to weak and natives around 15.50 to 15.75, yearlings 13.50, vealers 8.25 to 9 packed.
ST PAUL Minn June 10 Cattle receipts 1500 fed steers and yearlings uneven yearlings steady heavies dull mixed yearlings up to 10 dollars load lots 9.40 to 9.65 bulk fed steers and yearlings 9.50 to 10 other killing classes steady fat cows and heifers 5 to 8 stockers and feeders light supply moderately active Calves receipts 3400 strong quality good lights 7.75 to 8 Hogs receipts 12000 very slow opening sales about 25 cents lower some good 180 to 300 pound butchers 11.50 to 11.60 top 11.60 Sheep receipts 200 fat lambs steady natives 14.75 odd yearlings 12 to 12.50 few handy haives 6 heavies down to 3.50
Omaha details June 10 hog receipts about 19 500 head with better grades down 15 cents, cattle receipts 6 800 head with slower demand and declines 10 25 cents, sheep and lambs 7 500 head with lambs 10 25 cents lower. Denver reports hogs mostly 10 15 cents lower and cattle active with varied demand.
Stock market mostly strong with increments up to 15 cents while cows and heavy calves hold firm. Steers and yearlings range from about $8.50 to $10.40 with notable loads and lambs at $14.90 and $11.50 for lighter lots amid 1,200 sheep receipts.
Sioux City Iowa June 10 cattle receipts around 2000 with a slow market and steady killers 25 cents lower stockers weak fat steers and yearlings about 7.50 to 12.50 bulk 9.50 to 10.50 fat cows and heifers 5.50 to 10.75 canners and cutters 2.50 to 3.75 grass cows 3.50 to 5.25 veals 5 to 10.50 bulls 3.50 to 7.50 feeders 5.50 to 6.50 stockers 5 to 7 stock yearlings and calves 4.50 to 7 feeding cows and heifers 3.25 to 5.25.
Spokane June 10 cattle receipts 182 head steady hogs 488 head steady sheep 135 head steady. Market activity described as steady with supplies available for trading.
Portland market report shows no cattle trade cattle receipts none. Hog receipts 1 380 head direct steady. Sheep receipts 1 505 head arrive steady.
Cattle receipts around 500 head with better grades active and steady while other classes trend slow to weak. Hogs receipts about 400 head. market moderately active and fully steady with trucked-in offerings and mixed butchers. top at 13.65. Sheep receipts 200 head. market steady with good to choice lambs trading 12.50 to 13.50.
A mateh box featuring a shield design is introduced to the market to safeguard the flame against gusts. The item combines portable protection with a simple ancestral aesthetic appealing to outdoor users.
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