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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

May 04, 1920

Page

14

Market rally and nervous finish in Chicago grain and oats

Markets show bullish tone on late 1920 crop fears in Chicago. Corn opened mixed to higher, then surged with July around 1.65 to 1.66 and September near 1.68. Oats reached new highs after initial gains, while meat demand remained weak and lard advanced. Cash quotes list mixed corn and white oats, with butter steady and eggs easing. receipts totaled 44,188 cases.

Chicago Creamery

Bears Press Stocks as Market Remains Oversold Amid Price Cuts

Bears pressed stocks for sale as labor and financial conditions improved but strikes failed to materialize. The market remained oversold with small rallies in late trading as shorts covered. A major retailer cut 20 percent on $20 million of merchandise, fueling fear of higher living costs, while steel and copper shares hit new lows but chased modest gains late.

Heilbronner Co Bears Republic Steel Bethlehem Steel Vanadium Replogle Lackawanna Mexican Petroleum Carranza Republic Pan American Utah Anaconda Inspiration Chino Cerro de Pasco Nova Scotia Steel

Minneapolis Grain Market Report May How Wheat Prices Change

Minneapolis grain notes May 3 report receipts 301 cars versus 149 last year. Cash grain prices show No 1 northern wheat 3.05 to 3.15, No 3 yellow corn 1.71 to 1.72, No 3 white oats 1.06 to 1.07, barley 1.43 to 1.74, rye 2.10, flax 4.72 to 4.77. Flour unchanged. Shipments 47,688 barrels. Bran 52 dollars.

Livestock market report from Chicago on May 3

Cattle receipts 17 000 with beef steers mostly steady and heavy slow. Best vealers 12 to 12 50, stockers and feeders up to 25 cents. Hogs receipts 45 000 with light and light butchers steady to 1 percent higher. Top 15 60, bulk 150 to 225 pounds 15 to 15 50, 250 pounds and up 13 75 to 14 50. Sheep receipts 18 000, market slow to strong with loads of choice shorn lambs 18 and wool lambs 20 50 to 20 75.

Chicago

Spokane Market Report Hogs Cattle Lambs Prices Decline

SPOKANE May 3 Hog Receipts 122 market firm prime mixed 16.25 16.50 medium mixed 15.50 16 rough heavies 13.75 15.50 pigs 14.50 15 stockers and feeders 14. Cattle Receipts 558 market strong prime steers 12 13 good to choice 10.50 11.75 medium to good 9.25 10.25 fair to medium 8.25 9.25 common to fair 7 8 choice cows and heifers 9.50 10.50 good to choice 8.25 9.25 medium to good 8.25 fair to medium 6.25 canners 3.50 5.75 bulls 6.50 ps 50 calves 9 41 7 stockers and roeders 7 9 Sheep Receipts 73 market firm prime lambs 16 17 fair to medium 13 15 prime yearlings 13 13.50 prime wethers 12 13 best mating yes 7 10.

Spokane

Omaha Market Report Slows. Hogs and Cattle Prices Decline

Omaha May 3 cattle and hog markets show receipts of 16 000 hogs 9 000 cattle and 4 000 sheep. Hogs steady to lower 25 to 35 cents, top to 14.65, bulk 13.75 to 14.40. Beef cattle weak 15 to 25 cents, veals softer, lambs steady to 15 cents higher with best wooled at 19.50 and clipped 17.65 to 17.35, sheep steady.

Omaha

Market Report South St Paul May 3

Receipts 8 500 cattle and 490 sheep at South St Paul on May 3. Cattle steady to 25c lower with fat steers around 13.50 and cows and heifers up to 12. Lambs to 19, wethers to 14.50, ewes around 11.11 with mixes and stockers slow. Hog ranges 14.10 to 14.35, bulk 14.25 to 14.35.

South 8St. Paul South ST. Paul

Mercantile exchange rates and bonds in New York trade

New York May 1. Mercantile wagers show 6 to 7 percent exchange, Sterling bills at 3.80 for 60 days, 3.7944 for 60 day bills, 3.84% demand, cables at 3.85. Francs demand 16.59, cables 16.37. Bejan francs demand 15.57, Lire demand 22.07, cables 22.05. Marks demand 1.74, cables 1.75. Government bonds weak, railroads irregular. Time loans strong, 60 90 days and 6 months at 8%. Call money strong. high and ruling rate 7 percent, low and closing bid offered at 7 percent, bank acceptances at 6 percent.

New York Sanders—Demena

Copper and metals报价稳 前景有限

NEW YORK reports copper steady with electrolytic spot and nearby at 18% 19% ec and June July at 19e. iron prices hold for No 1 northern 49, No 2 northern 49, No 2 southern 43. antimony 1.02c worm steady with spot 61.50, May-July even. lead steady with spot and May offers. zinc steady with spot 7.87c bid 7.95c asked.

New York

Market Silver Prices Reported in New York and London

HAR SILVER NEW YORK May 3 Bar silver 1.10 Mexican dollars 83 3 4c. LONDON May 3 Bar silver 65 1 2d per ounce money 4% discount rates Short and three month bills 6%

New York London

Sugar Market Report From New York May 3

Raw sugar firm at 19.81 cents a pound on centrifugal. refined varieties steady with fine granulated at 17.50. Market tone remains firm as traders monitor price moves.

New York

New York Stocks Endure Pressure Then Rally On Rate Drop

Stocks faced ongoing pressure through much of the session before recovering as money rates eased. Volume neared 1,050,000 shares with late covering after a Supreme Court decision on United States Steel and reduced call loans. General Motors slid nearly 20 points and Crucible Steel fell over 10 while other industrials, rails, and shippings declined 2 to 6 points from last week’s prices. All Hindoos wear whiskers as mourning signs upon a death.

New York Ane Supreme Court United States Steel General Motors Crucible Steel

Market Outlook Reflects Bearish Tone Amid Credit Strains

Heilbronner notes banks restrict credit due to illiquid already consummated businesses and rising costs. United States Steel prospers in 1920 by diversified ore, pig iron, billets, and fabrications, while overall market bears persist. Bankers wary, rail troubles worsen credit, but no plunge like past panics. expect continued bear market with conservatism and cautious trade in eastern markets. Motor stocks may fall to align with peers, still overvalued to assets and earnings.

Heilbronner Company United States Steel

Railroads valuation figures expected to aid market

Publication of complete valuation figures for prominent railroads may influence the rail market. Sources indicate early action in this report and a consensus among leading wire houses that high short interest in stocks could dampen sharp market declines amid unsettled sentiment.

Bethlehem Steel ship contracts keep department busy long term

It is reported that the ship contracts for steel held by Bethlehem Steel will keep that department of the concern busy for a long time to come, while other departments are still working at capacity where not interrupted transportation delays.

Bethlehem Steel

Credit outlook hints at steady westward stringency

A private wire from a western institution reports no near relief in the credit situation. It notes that immediate conditions show little tightening locally, while in the West real stringency is not being experienced, suggesting regional stability amid broader concerns.

Private Borrowing Demand Grows for Industrial Stocks

Consideration turns to the unfavorable general situation while private borrowing demand for industrial stocks expands to substantial levels.

Wall Street Dull but Cautious Amid Mixed Signals

Market observers note a quiet session with occasional sensational moves needed to stir activity. Banks expect cheaper funds soon but warn against large offerings. Calm market conditions may shelter stock liquidity while renewed volatility risks rise on speculative issues. Caution advised as cotton mills’ wage decisions affect related stocks.

Stock Exchange

Mines and Mining Developments Across Montana Districts

Reports from the Bel mond Nev area note a 10 stamp mill erection by Consolidated Spanish Belt to treat silver ore yielding 10 to 30 dollars per ton. The Steinwinder mine work focuses on a tunnel with ore increasing from 70 to 200 ounces per ton, shipped to East Helena. Flohart Silver Mines, after acquiring the Florence group, improves hoisting and electric power, planning intensified operations. American Zinc leads with first-quarter 1917 net earnings of 1972400 dollars before depreciation, rebounding from 651 dollars year-ago as zinc demand normalizes. Coeur d Alene syndicate drives a Black Bear tunnel toward Flynn line, uncovering lead-rich ore amid zinc in the Black Bear. Rush White oversees the Black Bear lead development. In Cooke City Park, Alaska Airplane Corp proposes ore transport by six-ton planes, aided by government-approved Cooke to Gardiner road through Yellowstone.

New York Ronner Company Alaska Gulf & W. I Sumatra Tel Atte Atchison Baldwin Loco Oo Beth. Steel B. Eee Baltimore & Ohio Seer Bosch Magneto Butte & Superior Calif. Petroleum Chandler Motor Chile Seer Colorado China Calif Cerro de Pasco Erie Eter Fisk Tire General Electric General Motors Eee Greene-Cananea Gulf States Steel Haskell & Barker Harvester Weeee Marine Kennecott Kelly-Springfield Keystone Tire Lackawanna Missouri Pacific Nevada Con Central Butte Stock Exchange Northern Pacific Nova Scotia Steel American Old Mont Ohio Cities Big Creek Pan-Am Pet Burke Ossettee Pennsylvania Burk Im Burk- Waggoner Olli Pierce-Arrow Boston & Montana Pond Creek Coal Butte-Cat Coll Pr Steel Car ITM Butte-Bullwhacker Ray Con S Butte Copper Butte Copper Czar Rep. Iron and St Butte-Jar Sinclair Olief Butte New England Southern Pacific Southern Raidlway Butte-Ramsdell Texas & Ene Decker-Collins Ae Dillon United Fruit Kansas-Montana Rene U. Ss Montana-Bingham Montana Musselshell Valley U. S. Steel Neihart Ripple Hig “Pensionis Wabaan Stellar Oil Westinghouse Texas Eagle Oil White Motors Tarbok Wilson & Co Tri-City Oil Scenee Willys-Overland Tuolumne Tree Worthington Pump van Duzen Wyoming Explor Willow Creek W. H. Dunnigan Boston Aetna Hellbronner Company Allied Packers Atlas Adventure Big Ledge Ahmeek Br. Am. Tobacco Alomah Calumet & Jerome Allouez Canada Copper Arizona Candaleria Ballaklava Chevrolet Bingham Mines Calumet & Arene Senna Calumet & Hecla Carson Hill _ive Cosden Centennial Cresson Curtiss Aero Davis-Daly Elk Basin Butteoneee First National Franklin Hancock Isle Royale Island Creek Hercules Indiana Hollinger Setae Lowe Sound Michigan Mason Valley Island Swift & Co Tuolumne Ohio Copper Trinity Okmulgee Eee United Shoe Mach Morris Peerless Perfection Utah Apex Utah Apex Eae Pennok See Utah Metals Ray Hercules Utah Enne Hly Salt Creek Victoria Seeeee - Ing Settee Wolverine Sapulpa 'Ee Wyandotte Stand. Motors Win United Fastern United Verde Crown Reserve Verde Combeae Eagle & Bluebell Waylan Houghton West Enereeweer ” Majestic Yukon Nevada-Don Ventura Seer Enenrer Ohio Vulcan United Verde Ex Asphalt Reed Oh Jerome Verde Ryan S. W Miami Kelly Iron Cap Cascade Consolidated Spanish Belt Company Belmont Nev Barcelona San Pedro Steinwinder Helena East Helena Coeur d'Alene Black Bear Flynn Ground Coeur d'Alenes Spokane Chronicle Flynn Line Rush White Wallace Cooke City Park County Alaska Airplane Corporation Alaska Company Seattle Cooke District Cooke Gardiner Yellowstone National Park

Horoscope predicts broad opportunities and risks this period

Astrologers forecast supreme opportunities in commerce and new lines of cooperation, with legacies for hospitals and gains for physicians and surgeons. Courts, fame for a lawyer, and interest in faith cures are noted, while high living costs and Wall Street panic loom soon. Birthdates warn of caution and possible restlessness in children born today.

Jupiter Mars Saturn Uranus Sweden Atlantic Ocean Wall Street McClure

Johnson supporters abandon New Jersey recount plan

New York May 3 supporters of Senator Hiram W Johnson of California have abandoned their plans for a recount of votes cast in the New Jersey presidential primary. A C Joy assistant eastern campaign manager said the decision followed a long Johnson leaders conference.

New York Hiram W. Johnson California New Jersey A. C. Joy Johnson

Land agitation spreads to County Clare in Ireland

London dispatch reports rapid spread of land agitation in West Ireland with daily cattle driving and intimidation. Grazing lands lose stock as fences, gates, and walls are damaged and houses are burned by armed bands. Victims include both large and small holders as youths unresolved by emigration raise tensions.

London West Ireland London Times County Clare The Times

Early-Day Opponent Irish Home Rule Dies

Dublin May 3 The Right Hon Sir Thomas Wallace Russell died here Sunday. Born February 28 1841 he long served in the house of commons and opposed the Irish home rule movement in its early days. He was the principal promoter of the land acts committee in 1894 which led to passing the land act of 1896.

Dublin Thomas Wallace Russell House of Commons

Billings Population Soars to 15100 in New Census

Washington May 3 census bureau reports Billings Montana has a population of 15100, up 5069 people or 50.5 percent since 1900. First Montana figures released. The data marks the initial batch from the state's census release.

Washington Billings Census Bureau Montana

Husband Hitches to Tire Rack for Evidence

In Sacramento California Raymond Weaver sought divorce after testifying he clung to the tire rack of a car carrying his wife and another man to obtain proof. He said the wife asked her companion to speed up to shake him, and he was left shaken but unhurt.

Sacramento Cal Raymond Weaver Raymond Hubby

Also Mentioned on This Page

Gorn Minneapolis Grain Minneapolis Metal Market NEW York Stock Exchange Shorts Hunt Europe Mines and Mining Flohart Silver Mines Company Florence Neihart Mining News American Zinc, Lead and Boston News Bureau Cotion East Broadway East Park Avenue Great Falls Great Falls, Mont Jas. T. Finlen John E. Corette J. C. Maguire D. J. Fitzgerald MO J. Burke Zephin Joe H. D. Blair Silver Bow National Bank Federal Reserve Bank Savings Department Daly Bank and Trust Company of General Banking Charles J. Kelly Dd W. C. Rae Peasaent Cashi First National Bank Federal Reserve System Andrew J. Davis Cnsecace J. E. Stephenson George WA. Hill Andrew J. Davis Jr W. J. Forsythe W. A. Clark J. Ross Clark W. A. Clark & Bro Alex J. Johnston de Mee Benascases Seca DR. Davis Owsley Block Park
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