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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 06, 1927

Page

14

Markets and mining news highlights grain futures rally

Wheat and corn led gains with stronger closing headlines for May contracts. Reports from Alberta and European weather warned of seeding delays and slow spring growth. Ocean shipments and export demand remained robust with Western stocks showing declines in provision lines and flour and lard prices edging higher.

Associated Press Chicago Canada Alberta Ghote a.aTy Faney Logan & Ryan Big Bend

New York stock and commodity market brief May report

Foreign exchange steady with quotes for Britain Italy Belgium and Germany. Wool and potatoes market activity noted with modest interest and slower trading. Chicago poultry receipts show weaker live prices and varying item rates.

Uxchan the Associated Res W York Britain

Stock market hits peak prices as upswing continues

The Associated Press reports May trading lifted over a score of issues to new peak prices amid heavy selling and hopes for a lower rediscount rate failing to materialize. Futures show gains in rails and autos, with notable highs for Mack Trucks, Hudson Motors, and several utilities, while grains and foreign exchange remained pivotal.

New York ‘Federal Reserve Bank Steele Ohio Drefererd Con Sildated Cuba Ghreat Western Chicago General Lamall Mack Trucks Hudson Motors Gabriel Snubbers United States Steel Common Amon Brooklyn Union Gas Brooklyn Falkom Detroit Edson Haclede Gas Macy Amer National’ Biscuit Armour B Wilson France

Market Commentary Signals Active Trading Across Sectors

In New York on May 5 the market showed broad activity with special issues leading buying. General Motors hit prior highs while Woolworth and Colorado Fuel posted gains. Oils strengthened on potential production curbs, springs, and May futures. Wheat and corn markets fluctuated amid weather and export signals, with strong rye and crop prospects offset by profit-taking and weak steel prices.

New York General Motors Woolworth Colorado Winnipeg Manitoba Canada Keaton

Copper and metal futures and spot prices from London markets

London metals prices show copper spot at 64 pounds 80 pence, copper futures around 61 pounds 18 pence, tin spot 300 pounds with futures 290 pounds 12 shillings, teapot zinc at 35 pounds 16 pence and futures 26 pounds 60 pence. Bar silver Mexican dollars quoted at 42 1/2 cents.

TAK Vy Logan & Bevan Alta AM Sinnet Arate Rex Kennevesk Ammnot Mounta'n View VEY Logan Brean Aid Ajax Caledonia Dickens Callan Pine-iend Cork Medla Ceal Langemith Montaniano Galt Pd Ae Brenmond Yukones Sherman London Metals Bby Associated Press London Associated Treasy York Bryan Piice Straus Askeg Cheerecat Durant Reo Thigh Witeo Arie Globe Cresson Delores Arena Hecin Hollings Mason “Valley Nipissing Hughes Newmont Tegan Bevan Bia Ringnam Mines Dys Franklin Inland Creek Tale Royal New Steal A & New Cornelia Iy North Butte Old Dominion Quincy Tix S Mary United Victoria Winona Oe Noston Rem Logan @ Bryan Mide Blackhawk Boston Blyen Boston Montana Houghton Cs Mohican Rational Miami Eatotant Ardsley Butte Beaverhead Butte Butte and Mines Edon Campbell Great Northern Roy Homes Rosaity Ee Williams Gatea Kinney Mountain Gulf Gas & Ol Denver Yard Bites Pei Rei

Livestock prices mixed across markets May 5

Chicago hogs receipts 29 006 slow early sales steady top around 10.55. 200 lb class down. cattle receipts 13 000 steady to down with top steers near 13.75. sheep receipts 8 000 few lambs sold with wooled lambs 15.75 to 17.25 and California spring lambs around 17.50 to 17.75. Other western markets show steady to weak trends with hogs mostly steady and sheep and cattle varied by market.

Logan Bryan Low Seth Iane American International Gorporkiiaa American Eocoms Atchison Auta Nichols Baldwin Locomotive Baltimire Ann Bethishem Steel Ine Bute & Luthor Butte Ann Calumet & Heelan Stiine Paul En Ian Paul Ferrea Chile Rock ‘Island Edmnion Vital Moore Davison Chemical Eaton Aste Sa Auto Smette Ik Ia Fiske Ruober Ae Ae HK Eleinenman Veant San Foution Co Freeport Texas Oi Enna Fe Szann Hudson Ato Ion A Hupp Ry Son International Cement Fernational Garston International Harvester Sarthe Manhattan Jordan Motor En Eas Kanes Cy Utter Kelly Springfield Ennecate Opera Tago Coulaian Magma Miami Catamon Eeian Texan Slomtana New York Reynolds St Joe Texas Pacific United States Indua'riat Aleonai Wibaan Warner Frothers Westinghouse Tsecific Willve-Overland S-Overland Rit Wits Sewrk Wy Bovernmens Bunde Chicago Associated Pros Tony Fed Ohio California Omaha Omatia South S South ST. Paul Ageioutturr Spo Acanerorteand Portland U. S. Department of Agriculture Montana

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