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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 18, 1927
Page
6
Chicago and Minneapolis reports show grain prices slumping as bears press corn and wheat despite late rally signals. Weather outlooks and export slowdowns weigh, while provisions and barleys drift lower. cash grains display mixed, cautious moves across the belt.
New York stock news from Associated Press reports a mixed poultry market with live birds steady and varying prices for broilers ducks and roosters. Flour and bran shipments noted along with changes at Minneapolis. Sugar futures closed with modest shifts and tonnage figures from floating markets.
New York June 17 Nearly 2,000,000 shares changed hands as heavy buying and selling pushed overall activity to a record level. General Motors led gains among major issues while freight and mining shares showed mixed movement. Investors eyed bonds and the fed rate with cautious sentiment amid weekly mercantile totals and railroad stock movements.
Market letters describe an irregular session with narrow range moves and renewed selling after early advances. Strengths appeared in rubber and tire shares while oils held steady. wheat and corn showed declines on improving weather outlook. shipping demand muted and metals traded mixed with copper silver and London prices noted.
The Daily Bulletin notes steady wool activity in the local market with prices rising in spots. Mills are buying more, inquiries for tops and yarns increase, and foreign markets favor sellers while Western buyers show tentative gains amid limited rail and water transport.
Department of Agriculture reports mixed cattle and hog receipts with fluctuating prices from Chicago to Omaha and Portland. Cattle and veal largely steady to uneven. hogs and sheep show firmness in parts, with top hogs around 9.10 and fat lambs near 11.75, while cattle bulk hovers around 12 to 13.30 for yearlings and steers. folgtings note regional demand shifts and varied weights.
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