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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 06, 1921
Page
11
Wheat and other grains declined to record lows with December deliveries weak and grain markets showing a broad downward trend. Butter and eggs prices also eased while miscellaneous market notes cover New York trading and varied commodity moves.
Traders faced easier money rates and mixed sentiment as Mexican Petroleum tumbled and tobacco shares lagged on doubtful dividends. Major declines hit Pan-American and rail equipment groups while call money eased to 4 percent and total turnover reached 875,000 shares on the New York Stock Exchange.
The market was quiet with little change across stock groups. Mexican Petroleum and Pan American stocks fell to new lows, while American Oil Company securities showed strength. Crude oil prices remained firm, and the market awaits developments. Reports note six month earnings for American Smelting and Refining and Pere Marquette Railway dividends, with various freight and mining firms announcing regular dividends in Oct and Nov.
United States Bureau of Markets reports mixed livestock trading with feeders and rockets moving, receipts around 13 000 mostly steady to higher. Packers show higher demand for certain cattle and hogs, with varying prices and demand shifts noted amid Midwest activity.
United States Bureau memo notes cattle and calf receipts with steady to unchanged prices. Cows and heifers strong, calves steady. sheep and hogs receipts mixed with market steady. Weather and regional factors referenced. quotations vary by item, with East St. Louis and London markets mentioned.
A September 1 survey by the Geological Survey shows total copper stocks at 408 081 short tons, with nearly half held in trust for export. The count excludes working stocks in transit and refining, which are lower than at the start, according to Director George C. Smith.
A fragmented Springfield reports a housing squeeze as the city with about 5 060 residents struggles with rising rents and limited homes. The piece notes residents gather for a meeting while no clear remedy emerges, amid a broader housing shortage.
Mixed classified clippings show multiple rental listings in Butte Montana including four room modern flats two room furnished apartments and 3 room flats with details on heating references and phone contact. Also appears scattered notices about moving storage and business chances with addresses and rates.
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