This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 22 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Mar 26, 1920
Page
14
Pronounced weakness hit the corn market as rumors floated a maximum trading limit. July corn fell to about 1.48 and nearby to 1.53. Oats and hogs also weakened while wheat and other grains posted varied quotes. Receipts totaled 17 196 cases with eggs higher and poultry prices firm.
Minneapolis on March 25 reports wheat receipts at 131 cars down from 187 a year ago. Cash prices show No 1 northern ern y at 2.75 to 2.90, corn No 2 yellow 1.55 to 1.56, oats No 3 white 0.84 to 0.89, flax 4.49 to 4.54, flour shipments 76 754 barrels, barley 1.30 to 1.55, rye No 2 1.73 to 1.74, bran 48.
Livestock receipts heavy at Chicago with hogs 25c lower be priced. Hogs ranged from about 13.40 to 15.75 per hundredweight with various grades. Cattle receipts around 12 000 and a steady market with beef steers and cows priced across a wide range. Lambs also listed with prices from about 11 to 17 dollars depending on quality.
Hogs receipts 59 with market steady. Prime mixed 15.75 16.25, medium mixed 15.50, rough heavies 13.75, pigs 14.25 14.75, stockers and feeders 13 14.25. Cattle receipts light, market steady. Prime steers 10.75 11.50, good to choice 9.50 10.50, medium to good 8.50 9.50, canners 3.50 6.50, bulls 6.48, calves 9 15, stockers and feeders 7 9. Sheep receipts none, market steady. Prime lambs 16 17, fair to medium 13 15, prime yearlings 13 14.50, prime wethers 12 13, best ewes 7 8.
Receipts totaled about 56 000 with market sluggish for steers at 7 4 13 75 and cows and heifers from 6 50 to 11 75. Calves around 4 75, stockers and feeders slow. Lambs quoted 18 50 for high grades, wethers near 12, ewes near 4 13 50. Total receipts 3 200 with steady lambs at 8 18 50.
Trading on the New York Stock Exchange showed dull and irregular moves with a late surge in motors and related stocks. General Motors rose, Stutz Motors hit a high, Stromberg Carburetor climbed, and steels and oils gained, while call loans rose to 12 percent and total volume reached 1,275,000 shares.
The Heilbronner Co report notes a hesitant market with traders waiting on the fed action. Stutz Motor led gains while General Motors rose from a low to the 380s and a 20 percent quarterly dividend was declared on old GM shares.
The Heilbronner Company foresees continued market activity with wide fluctuations and profitable trading in the industrial list. It notes sound fundamentals and likely continued big business, though ratings remain varied with rails potentially undervalued and credit remaining the controlling factor. Two stock groups deserve stronger reflection as conditions improve.
The piece notes a mood shift from apprehension to subdued confidence, starting in the West and spreading east. It argues the lack of new railroad securities in recent weeks strengthens case for buying current standard rails, predicting that once the new railroad law gains traction the investment community will bid prices higher than before.
Reports as of June 30 1915 estimate Rock Island's valuation at 64 million above liabilities with common stock around 65 a share. A recent Supreme Court decision is said to add 165 million in value, totaling about 220 per share, offering bullish ammunition despite potential shading.
Wall street sources with reliable railroad and equipment insight urge purchases during market setbacks. They anticipate rising investment demand to absorb floating stock. They note rail prices 10 to 20 points below potential given the new railroad law advantages.
The volume of business amounted to 1,448,557 dollars with a surplus after dividends of 51,747 dollars and 905 cents. This surplus corresponds to 1.40 dollars per share on 508,302,500 dollars of common stock outstanding.
President John C. Jay Jr. of Pierce-Arrow says expansions in buildings and machinery created excess facilities. Time will be needed to adjust and properly utilize these idle resources.
Middle States Oil Corporation closes a deal to purchase Waggoner and Green in the Burke Burnett extension for 1 million dollars. Banks are reported to be rediscounting heavily at the federal reserve.
Mercantile paper steady. Sterling 60 day bills at 3.80. Commercial 60 day bills on banks 38.80. Demand 3.84. Cables 3.84. Francs demand 14.22. Cables 14.20. Belgian francs demand 13.27. Cables 13.70. Guilders demand 3.6?6. Cables 3.6?6. Lire demand 19.72. Cables 19.70. Marks demand 1.30. Cables 1.32. Government bonds heavy railroads irregular. Time loans strong unchanged. Call money strong high 12 percent, low 9 percent. Ruling rate 9 percent. Closing bid 11 percent, offered 12 percent. Last loan 12 percent. Bank acceptances 6 percent.
Banks reduced rediscounts by 64 million last week as the treasury paid tax certificates. Government withdrawals of tax proceeds caused renewed requests at the rediscount counter. The pattern shows no new contraction followed by immediate expansion in borrowing.
Liberty bonds prices at 2 55 p m in New York were 34s 9742 first 4s 90 30 second 48 89 342 first 44s 90 50 second 4s 89 66 third 44s 92 60 fourth 44s 89 70 Victory 38s 97 50 Victory 4s 97 56.
New York reports copper steady electrolytic and iron firm with no changes. Tin spot at 69.25 dollars for April and May. Antimony unchanged. Lead quiet with spot 8.75 cents, May 8.60. Zinc prices easy with St Louis spot around 8.25 to 8.50.
H Lowndes Maury confirms a major strike at Cascade Silver Mines and Mills Neihart with two new ore chutes. Leasers report 700-foot level chute over 10 feet wide yielding 150 ounces per ton and a 300-foot level strike with 39 ounces per ton. Drift 1000 feet planned to gauge extent, expect $5000 monthly haulage savings and lower hoisting costs. About 118 workers employed, February production exceeds $65,000.
Mines in Mullan Idaho report 425 workers at Morning mine with capacity to 700 and new ore bodies including a 12 foot galena vein on the 2000 foot level. Copper trusts eye foreign orders, especially French. American Smelting earnings reach 14.7 million in 1919 with big profits and dividends. Montana silver prospects praised by Dr Lanstrum as eastern financiers expect record production. Manganese mining rebounds with high Montana riches and Butte ore shipped to Great Falls for processing.
The report notes bar silver at 124 3/4 dollars in New York and 8 1/2 percent discount rates in London for short and three month bills. Mexican dollars quoted at 94 1/2 cents per peso.
An electrified object near a flame quickly loses its charge as heat drives electric currents. The passage notes flames and hot air act as good conductors, neutralizing static electricity in nearby bodies.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.