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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 16, 1922
Page
10
Markets report lower wheat prices amid bearish sentiment and diverse futures activity. Foreign exchange firm with London metal activity showing copper and lead ranges. commentary notes political figures like Bryan discussed in unrelated editorial lines.
Movements on the New York Stock Exchange show a cautious session with losses predominating at the close amid divergent forecasts and weak public interest. Bethlehem Lackawanna gains fade, steels falter, copper and oil swing, while Liberty Bonds hover around the market.
Expected boost in copper stocks as accumulation grows in Utah Copper Anaconda Inspiration and Kennecott with Kennecott Copper seen as market feature. Railroads muted yet gains seen in United States Cast Iron Pipe Bethlehem Steel reports rumors of consolidation and foreign buying while Invincible Oil shows bursts of activity amid cautious profit taking.
AP report details May cattle hog and sheep receipts across Chicago South St Paul and Omaha. Chicago cattle steady to slow. hogs active with gains. sheep mostly lower. South St Paul sees weakness in killing cattle and steady to strong hogs. Omaha hogs slow to weaker with limited gains.
Kansas City and Denver markets show mixed cattle demand with steer tops near 8.75 and calves steady. hogs rise to around 10.65 to 11.36, with light whiffs of premium cuts. Sheep receipts fall as spring lambs price around 12 to 14 dollars, while Colorado and Portland reports show steady to higher prices across breeds and weights.
An old advertisement touts Kellogg's Bran as a permanent remedy for constipation. It claims regular use prevents danger signs like bad breath and brain fatigue, endorses Bran as a nutritious food, and recommends two tablespoons daily or with meals. It also extols Bran’s cleansing effect and nutrient content for children and general health.
Lee De Forest claims to have invented a moving picture film capable of photographing the human voice. He has arrived in New York from Europe and hopes to begin manufacture of his product.
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