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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Nov 12, 1925
Page
10
New York traders absorbed morning liquidation with a temporary price dip. Short covering aided a forenoon recovery as demand revived for rails and oils. American Sugar common declared a 6 percent dividend, while Standard Oil of Indiana raised gasoline prices and Kansas City reports improved car load figures.
New York money markets show call money easier and steady with rates around 4 percent. Time loans remain steady with 60 to 90 days and 4 percent indicated across terms. Prime mercantile paper listed at 4 percent.
NEW YORK NOV 11 Foreign exchanges steady with Great Britain at 4.84 cents on demand and cables, 60 day bills at 4.80. Italy 3.98, Belgium 4.53, Germany 23.80. Bar silver 69 1 2 cents. Mexican dollars 53 1 2 cents. LONDON NOV 11 bar silver 32 4 per ounce, money 3 percent.
Copper quiet at 14% to 14 1/2 cents, tin steady near 62.32 cents spot, futures 62.25. Lead stable at 9.76 cents. Zinc quiet in East St Louis around 8.80 cents, futures 8.65 to 8.75. Antimony spot about 20 to 20.50 cents.
London metals prices for copper tin lead and zinc with spot and futures levels listed. Butter and eggs markets in New York and Chicago show weak butter, firm eggs, and steady cheese with related receipts and weights.
Sugar futures closed steady in New York on November 11 with approximate sales of 63,000 tons. December 2.30 cents, January 2.38 cents, March 2.43 cents, May 2.65 cents, July 2.66 cents.
In Chicago on November 11 potato receipts reached 53 cars with little demand and weak market. total U S shipments stood at 758 cars, with Canada at 43 cars. Minnesota, Wisconsin and Michigan sacked and bulkt Round Whites offered at 3 to 3.50 per cwt, no sales reported.
Montana will delay collecting inheritance and income taxes on former Senator W. A. Clark's estate as court actions in other states surface. The Silver Bow district court inventory lists estate value at 47,763,508 dollars, with 16,123,061 dollars subject to Montana jurisdiction. Claims from New York, Arizona, California, Washington and others await resolution, and the state board will not estimate taxes until a Supreme Court opinion on jurisdiction is issued.
New York stock prices rallied sharply led by industrial and railroad shares as banking support and easier margin calls boosted confidence. DuPont and American Can surged, General Electric and Gulf States Steel posted solid gains, and oil shares rose to multi year highs amid renewed outside buying. Call money eased to 4 percent while foreign exchange stayed steady.
Livestock arrivals reach 15 000 hogs and 17 000 cattle with slow to strong price moves. Hogs show gains across weight classes with bulk 170 to 300 pounders at 11 60 to 11 75, sows mixed, and packing pigs around 11 50 to 11 75. Cattle see uneven declines in fed steers and steadier stockers, while fat lambs hold at 11 50 with ewes steady near 7. Two Montana fat lambs at 12 75 and scattered native ewes around 7.
On November 11 at Omaha livestock market, hogs sold 8,500 head with prices mostly steady to 10 cents higher and top at 11.50, cattle receipts 6,500 with fed steers and yearlings weak to 25 cents lower, and sheep receipts 8,000 with light weights steady and heavier lambs 15 to 25 cents lower.
St Paul Minnesota November 11 Cattle receipts 2800 active steady with Tuesday. Short fed steers around 1200 pounds mostly 9 dollars with some at 8. Grass fed plains at 6 to 7.25. Fat cows and heifers 3.75 to 5.75. Hogs receipts 18000 steady with 140 to 275 pound averages 11.15 to 11.25 top 11.25. Sows 9.75. Feeder pigs 11.40 to 11.50. Calves 3,200 steady to strong with bulk good lights 10 to 10.25, up to 10.50. Sheep receipts 2500 steady to 25 cents higher with late sales, better fat lambs 15, untrimmed 14, heavies 11.50 to 12, culls 9.50–12, fat ewes to packers 5 to 7.59.
Spokane reports receipts for cattle at 97 and hogs at 147 with market steady. Hog quotes run from 9.46 to 12.00 for heavies, light heavies at 11.10 to 11.50, sows 7.56 to 9.00, feeders around 11.25 to 11.69. Sheep receipts are 17 with no change in quotations.
Portland Oregon November 11 cattle receipts 11 market nominally steady with little trading. Hog receipts 675 steady to weak top and bulk light butchers 12.50 while heavies and underweights 12.25 down killing pigs 13 few 12.50. Sheep receipts 495 nominally steady farm lambs bought to arrive at 13 down by weight and quality.
Hogs receipts 1500 with early steady sales top at 11.85 for four loads and 11.55 to 11.80 for others. Drive-ins 11.65 to 11.85. sows mostly 10.25 to 10.35. roughs down to 10. butchers 10.50. fat pigs 11. stockers 10.76. Cattle receipts 2400 calves 50 steady. steers 7.50 to 8. heavies 5.75 to 5.85. mixed cows and heifers around 3.50 to 4.50. caners 2.75 to 3.75. good calves scarce. feeders 5.25 to 8. yearlings and aged stock at latter price. Sheep receipts 5600 with steady sentiment. two loads native feeder lambs 14.25.
Los Angeles on November 11 reports cattle receipts around 500 head with major activity late. prices show southwestern steers at 7.20 for 993 pounds, cows and heifers near 6, calves 2, milk vears to 10. Hogs receipts about 300 with slow sales and one load at 13.75 for 176 pounds, few packing sows at 11.50. Lambs and ewes offered, good lambs at 14 to 15, ewes 5.80 to 8.00.
Sioux City Iowa Nov 11 cattle receipts total 4000 market slow kill ers steady to 25c lower stockers 30 46c lower fat steers and yearlings 6 50 to 14 fat cows and heifers 5 50 to 12 canners and cutters 3 to 3 75 grass cows and heifers 4 to 7 veals 4 to 10 50 bulls 3 25 to 5 25 feeders 6 to 8 50 stockers 5 to 8 stock yearlings and calves 4 to 8 feeding cows and heifers 3 to 6
In Edgar Allan Poe Norris tale A GifRe Who Dared, Miss Amoura Ainsley secures Vera Waine's address through the Jolly theater assistant treasurer. The maid confirms Vera Waine’s location and a request is sent to invite her to receive a visitor, setting a tense scene in a fashionable house.
Amoura Ainsley travels to confront Vera Vaine claiming Philip Weinrich’s heart. Vera denies, asserts devotion, and accuses Amoura of greed. Tension erupts as the actress attacks, maid intervenes, and Amoura escapes, ending with a cliffhanger note: To be continued in The Trap.
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