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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 11, 1927
Page
6
Market notes from Chicago outline a volatile corn session with weather, Argentine offers, and pending trade legislation. Corn finished lower after early gains, wheat rose then retraced, oats slipped, and hogs influenced grain prices amid big commercial stocks and forecasts of large acreage. Weather and policy chatter shaped the day.
New York traders saw mixed foreign exchange quotes with Great Britain and France demand at varied levels. Sugar prices and futures closed steady with July at 2.70, September 2.81, December 2.00, March 2.86, while 60 day bank bills and other currencies showed modest activity.
New York June 10 The bears held an edge in today’s stock market as selling pressure intensified after the Lindbergh holiday closure. Despite gains in certain issues, United States Steel fell to 122% while Baltimore & Ohio slipped to 119. Commercial notes showed steady money for time and deposits, and trading highlighted Seaboard Air Line’s growth and several stock highs for the year amid mixed commodity moves.
The Commercial Bulletin's upcoming wool nota lists domestic and regional price ranges for Delaine and assorted bloods, combing grades, and several states from Ohio to Oregon. Prices span 38 40c to $2.05 1 10, with tiered terms for blood, combing, and mohair, reflecting wide regional variations.
Market commentary from New York notes sharp declines after a selloff driven by the new financing plan from B&O and widespread weakness in rails and high priced specialties like Solvents B and Cast Iron Pipe. Sugar shares slide amid lower raw sugar prices while oils slip fractionally. Improved sentiment appears on a few fronts as easier money at 4 percent provides partial recoveries. Grain notes from Chicago describe mixed corn and wheat action with favorable weather tempering gains and slow export demand. Potatoes and flour markets show varied movement with weak shipments and dull prices across regions.
A brief stock notice cites ten Parson shares and references an Australian and Swiss watch noted last year, implying valuation shifts. The fragment hints at currency or asset comparisons without full context or concrete figures.
Hogs receipts about 20,000 with prices 15 cents higher than Thursday in Chicago. Cattle receipts around 2,000 with best fed steers near 12.24 and yearlings steady. wider market slow as demand narrows. Across South St. Paul Portland Omaha Spokane and Seattle regions, hogs show uneven gains and slow trading while cattle and sheep receipts vary, with top hogs around 8.85 and steers near 9.75 to 10.15 in some markets.
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