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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 22, 1928

Page

14

Wheat market drifts lower amid mixed foreign demand

The Associated Press reports a general downward trend in wheat values as export demand slackens and domestic prospects improve for winter wheat. European purchases from North America were about 200000 bushels, with mixed futures showing declines in corn and oats and a setback in hog-driven provisions.

Associated Press Chicago North America Liverpool Southwest United States

Potatoes Market Report From Chicago May 21

United States and Canada potato shipments totaled 781 cars with 201 on track. Old stock demand slow and market dull with Wisconsin sacked round whites selling around 1.40 to 1.65 and Idaho Russell 1.60 to 1.70. New stock demand fair, market barely steady, Alabama Louisiana Texas sacked Bliss Triumphs around 2.75 to 3, Florida Spalding Rose mostly 4.75.

Associated Press Chicago United States Department of Agriculture United States Canada Wisconsin Idaho Russell Alabama Louisiana Texas Bliss Florida Spalding Rose

Wall Street Ends Mixed After Late Selloff on Higher Rates

Stocks slipped late as higher money rates and margin stiffening spurred liquidation. DuPont and Hudson fell after dividend news and director plans disappointed. oil and copper shares briefly hit new highs before turning lower. Major averages showed a late, sharp reaction with several rail and industrials drifting lower.

T’resar New York Dupont Hudson Wright Curtiss International Harvester Baldwin Columbia Gas Consolidated Gas Equitable Office Building General Refractories Phillips Jones Radio U. S General Motors American Can American Telephone U. S. Steel Common Montgomery Ward Coca Cola Fox Film A Otis Elevator Victor Talking Machine American Bosch Marlin Rockwell Interstate Commerce Commission Pere Marquette Hocking Valley Chesapeake & Ohio Erie Wall Street Erie Common New York Central Lehigh Valley Reading Canadian Pacific Delaware & Hudson

Livestock Prices Mixed As Receipts Rise In Chicago Market

Hogs receipts 50 000 mostly 5 to 15 cents lower than Friday with top 9 95 for 200 to 220 pounds. Cattle receipts 22 000 calves 5 000 largest since early year with slow slaughter classes. Sheep receipts 14 000 better grade lambs opening up 25 cents higher with steady feeding lambs. Prices listed for hogs cattle and sheep across weight ranges and quality levels.

Associated Press Chicago U. S. Department of Agriculture

Cattle and Hogs Prices Mixed Across Midwest Markets

South St Paul and Omaha report mixed cattle and hog receipts on May 21 with steady to lower quotes. Feeders and calves show slight declines while hog prices drift 15 to 25 cents lower. lambs rise up to 25 cents with strong demand for clipped and light-weight offerings.

Denver Livestock Market Report Sums Receipts and Prices

Denver cattle receipts 3,800 with 800 calves and 2,100 southern fat stock and yearlings. Hogs 2,400 with top 9.30 for 190-240 lb. Sheep 2,200 mainly California springers. Beef cattle mostly steady. hogs lightly lower. lambs showing strong demand ahead.

Cattle Hogs and Sheep Receipts Reported at Portland Market

May 21 Portland market reports cattle receipts of 1 635 with calves 170 opening steady good grass steers 11 to 12 dollars, better grass cows and heifers 9 50 to 10 50, hogs receipts 4 145 opening slow 25 to 40 cents lower with light butchers around 10 10 to 10 25 and demand unsettled, sheep 890 receipts with no early trade.

Portland United States Department of Agriculture

Hog prices from Hansen Packing Company Butte

Hansen Packing of Butte quotes hog prices: Choice 10 cents per pound, medium heavy 8.9 cents, extra heavy 7.0 cents, lights 5.5 cents, extra lights 7.12 to 8.4 cents per pound. Prices reflect market rates for different hog classifications.

Hansen Packing Hansen Packing Company Butte

Market Commentary Notes Mixed Early Session

In New York May 21 the market opened unsettled due to weekend selling. Copper and oil shares drew activity after a temporary oversold dip while short covering steadied the market. Copper leaders Greene Canada Anaconda Magma boosted demand as oils rose on the oil war settlement and potential lower production figures from Oil and Gas Journal for May 12.

New York Federal Reserve Board Greene-Cananea Anaconda Magma Radio Wright Aero General Motors U.S. Steel Louisville Oil and Gas Journal California

Wheat and Corn Markets Falter Amid Mixed Trade

Chicago reports choppy wheat action with a weak general trend and light outside buying due to Argentina port strikes. Corn starts strong for July then eases as wheat weakens. oats firm, rye irregular with quiet cash demand and lower visible stock figures across grains.

Chicago Northwest Canada

Spokane Cattle and Hogs Market Report May 21

Spokane cattle receipts total 378 with steady prices across grades. Steers top at 11.25, cows 7.50 to 10, calves 9 to 13.50. hog receipts 232 with steady values from 6.25 to 10. Sheep receipts 170 with feeder lambs 12 to 13 and yearlings 10 to 11.

Seattle Market Reports Cattle Hogs and Sheep Prices

Seattle market notes show receipts in cattle hogs and sheep with steady activity. Prices listed by grade include choice steers 11.11 to 11.25, prime hogs 10.40 to 10.60, and choice lambs at 12.50 to 14.25, among other varied grades and ranges.

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