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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jun 17, 1919

Page

10

Falling Markets Drive Bearish Turn Despite Warm Weather

Decline in New York trading pressured by high money rates with call money up to 15 percent. Stocks fell across the board as investors dumped shares, with 1,101,600 shares changing hands by 2 pm and major issues like Anaconda Utah and Mexican Petroleum slipping several points. Industry groups and crucial names appear in the figures, while curbs and broader market forces hint at further weakness unless the money situation improves.

New York Hellbronner Tabor Anaconda Utah China Inspiration Butte @ Superior Porphyry Group Gay Mexican Petroleum Studebaker Steel Texas Oil Sinclair Oil Pierce-Arrow Colorado Baldwin Locomotive Lackawanna Logan & Bryan Lauzier-Wolcott Company Philadelphia Aix Savold Savold Tire New ‘York Ohio Martin Allied Packing Broad Street Stock Exchange International Mercantile Marine Logan & Ryan Grain Inglis Ingila Illinois Federal Reserve Bank Mexico Mercantile Marine South America Japan Canada United States Lausier-Wolcott Company Tien Allis-Chalmers Sujur Sumatra Bethiehen Baltimore Bano California Chesapeake Oia Feago Milwaukee Chicago’ & Northwestern Inland Pacis Sugaia United Food General, Motors Great Northern Grinanen Great North Central Oary Interborough Con Kansas Kennecott Souther Louisville & Risnville Fris ‘Sai Lackawann Mexican’ Petroleum Missouri Texas Ontario Pittsburg Sin Sao Hat’ Leone Routhers Railway Studebaer Texas Pany Aeine United States Rubber United War Stores Unites ‘States Union Wilson «Co Liberty Pty Tee Itory Ia Ao Victory Sas

Stock market declines on adverse monetary conditions

New York on June 16 reports continued market weakness as liquidation of speculative holdings increases. Collateral costs rose to 12 percent while funds paid for loans remained firm amid adverse monetary conditions and other unfavorable developments limiting gains.

New York

Livestock Prices and Receipts at Chicago Market

United States Bureau of Markets reports hog receipts 40,000 with markets mostly 30 to 60 cents higher than Saturday's average. Top hogs reach 421.60, large heavy lots around 800 to 900 heads. Sows and cutters mixed, feeder cattle steady to higher, steer and heifer prices quoted for light and heavy weights. General tone indicates improved demand and steady to higher values across beef and pork classes.

Micago United States Bureau of Markets Chicago Acta

New York stock quotations lift gold embargo market opens

The report notes the removal of the gold export ban and the immediate impact on world markets. It highlights gold shipments to South America and Europe as banks move millions abroad, aiming to stabilize exchange rates and support American imports. The piece traces anticipated effects on dollar strength, foreign currencies, and postwar trade.

New York Federal Reserve Board Ty Vreteane Boston South Amerie First National ‘Bank Shawmut Bank Nos ‘Aires England South America Japan Poston Argentina Uruguay New England

Bond buyback notice in local markets

Sawerty bonds buyback offer states payment at highest market prices for any issue. Emphasizes willingness to purchase large or small denominations from sellers like Lauzier, with emphasis on prompt execution.

Sawerty

Also Mentioned on This Page

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