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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

May 03, 1922

Page

10

Wheat and metal markets rally and drift in Chicago and New York

Wheat prices rose on May delivery amid persistent buying though activity focused in one house. Chicago receipts reached 225 carloads with 130,000 May deliveries. May and July spreads widened. Corn and oats fell late as shipping demand remained tight. hog and meat prices softened. Minneapolis grain notes mixed with international demand signals. copper and zinc markets held steady while money markets showed a firm rate environment.

Chicago

New York Stock Market Opens With Mixed Recovery

The New York stock market opened the session with a continued but hesitant recovery from last week’s relapse. About 1.1 million shares changed hands, with early gains led by steels and European oils. Advancing issues included railroad shares and coppers, while call loans edged up late in the day. Butter and eggs reports followed in brief market notes.

Associated Press New York Pri Lis Interstate Commerce Commission Shorts London

Metal producers eat into surplus amid rising copper demand

The Henpronner Company notes stronger metals including steels oils and motors with railroads coppers and industrials steady. Resumption of Nevada Consolidated Copper operations on April 1 spurs reports of improving copper demand, lifting copper stocks and signaling higher prices. Montana Power hits a new yearly high as copper-linked speculation grows, while construction activity at $2.6 billion annually boosts material demand and supports shares like National Lead and American Steel Foundries. Copper refiners Hayden and El Paso plants ramp up, and Utah Copper inflates investment gains. Braden and Cosdon report profits. pig iron prices rise and Guires show heavy sales.

Henpronner Company Nevada Consolidated Copper Montana Power Common American Steel Foundries United States Cast Iron Pipe Anaconda American Smelting and Refining Company Hayden Arizona el Paso Ray Chino Kennecott Copper Utah Copper Company Braden Copper Company Cosdon & Co Guires

Educational ties urged for U S Mexico exchange program

Dr John W Wor of the Episcopal missions department urged a cross border exchange professorship between American universities and the University of Mexico. He noted Mexico's 1573 founded University of Mexico predates Harvard and stressed education can foster friendship, while commenting on U S recognition of Obregon and Mexico's improving but uneven economy. He warned of a sectoral aid gap and cited burgeoning smallholder farming by former peons.

New York Conditio Mexico John W. Wor Department of Missions Episcopal Church University of Mexico Wood Harvard Western Hemisphere Mexico United States Red End Wocatonia Mexico City Obregon

Cattle and Hogs Market Report From Kansas City and St Paul

United States Bureau of Markets reports cattle receipts at Kansas City and St Paul. Cattle market mixed with steadier to higher bids on yearlings and calves. top cattle around 8.40 at Kansas City. Hogs slow with prices around 10.50 to 10.70, underlining soft packer demand. Sheep and lambs show firmer tone in early trading. spring lambs and Colorado wooled types firm to strong.

Bureau of Markets United California Kansas United States Bureau of Markets Associated Freee Colorado South Sr Pau Union Associated Press ST. Paul Yairiy Omama MFONE

Markets and local notes from Spokane and Phillipburg

Hogs, cattle, and sheep market news from Spokane and Denver reports show receipts and prices mostly steady. Phillipburg notes list local visitors, county business, and upcoming travel plans for residents and visiting officials.

Also Mentioned on This Page

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