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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Oct 15, 1920

Page

10

Grain Prices Fall as Wheat Leads Broad Commodities Selloff

Prices for grain drift lower amid heavy selling by a leading eastern trader. Wheat declines limit gains, with December at about 2.07 to 2.08 and March near 2.03. Corn mixed, oats soft, and provisions rise 25 to 67 cents. Bearish government reserve views weaken wheat early. export activity offers brief support. Receipts small. country offerings uncertain. Cash quotes list No. 3 red wheat 2.24 and No. 2 yellow corn around 92 to 93.8 cents. Butter rises to 40 to 54 cents. eggs steady. receipts 1,044 cases.

Chicago

Stock market mixed as loan payments, strikes influence turnover

On October 14 New York stocks showed irregular prices amid foreign and domestic forces while a heavy loan redemption loomed. Call loans peaked at 9 to 10 percent as funds moved to Cuba and coal miners threatened a strike abroad. Bethlehem Steel, Baldwin Locomotive, Studebaker and Mexican Petroleum led gains, with 525000 shares traded and bonds generally dull.

New York Stock Exchange Cuba London Coal Miners’ Federation British Exchange Bank of England Bethlehem Steel Baldwin Locomotive Studebaker Mexican Petroleum Nickel Plate United States

Livestock Market Report from Chicago on Oct 14

Cattle receipts 21 000 slow steady early steer sales good and choice prices 15 50 to 18. Butcher cows 5 50 to 10 50 steady canners 3 75 to 4 25 bologna bulls 6 to 6 75 calves weak to lower choice dealers 15 50 to 16 grassy calves 8 50 to 11 50 stockers and feeders steady. Hogs receipts 20 000 active mostly steady top 15 80 bulk light and butchers 15 30 to 15 80 packing sows 14 15 to 14 25 pigs strong. Sheep and lambs receipts 15 000 best fat sheep and lambs opening steady other grades slow and lower native lambs to city butchers 12 40 bulk 11 11 to 12 0 0 fat ewes 5 75 to 5 75 feeders steady.

Chicago

Market Receipts Steady in Spokane Cattle and Hogs

SPOKANE Oct 14 hog receipts 115, market steady. Quotations unchanged. Cattle receipts 73, market steady to stronger. Quotations unchanged. Sheep receipts none, market steady. Quotations unchanged.

Spokane

Hog and cattle auction results from Omaha market

Hogs receipts 3,500 mostly steady with medium light butchers 14.15 to 14.60, top 14.65. Cattle receipts 4,500 with fed cattle weak, yearlings 16.25, grass and range beeves and butcher stock steady to strong, veals steady, stockers and feeders firm. Sheep receipts 8,000 lamb quality poor, market slow to 25c lower, sheep steady, yearlings 8.75, feeders steady.

Omaha

South St. Paul Market Slumps as Cattle Dull and Hogs Steady

Cattle receipts 5,000 with market dull and weak. best beef steers to $9, cows and heifers mostly 4.75 to 7, stockers slow. Hog receipts 4,700 with market steady to strong. top 14.75, bulk 14.15 to 14.30, pigs steady. Sheep receipts 3,000 native lambs 25 cents lower to 10.50 top. other lambs and sheep steady.

South ST. Paul

Sugar Prices Steady at 11 Cents a Pound

New York market report notes raw sugar refined sugar and granulated sugar unchanged at 11 cents per pound. The update records no price moves for raws or refined grades on October 14.

New York

Market Review Signals Rally Amid Steel Optimism

Heilbronner Company notes Schwab optimistic on steel outlook with no wage cuts, triggering short-covering across oils, sugars, shipping, leather, steels, woolens. Studebaker and Chandler Motors rally. copper prices slip, rail shares active, overseas markets weak, and insurance on deposits expected. Fortunes shift as oversold indicators persist and equipment orders rise.

Charles M. Schwab Mexican Petroleum Pan-American Studebaker Chandler Motors Automobile Federal Reserve Wall Street Journal United States Steel Harding Federal Reserve Board New York Federal Reserve Bank Anaconda Utah China Kennecott Inspiration

Australia presses to save tallest stringybark trees

A movement forms in Australia to protect the giant stringybark trees, noted as the tallest in the world, amid efforts by conservationists to safeguard these towering specimens from logging and development.

Australia

Wheat and grain prices and receipts report from Minneapolis

Minneapolis reports wheat receipts totaling 802 cars this year versus 465 last year. Cash quotes list No 1 northern wheat at 216 1/4 to 216 1/2. December 32.11 to 32.14, March at 32.15 to 32.16. No 3 yellow corn 89 1/2 to 90. Oats No 3 white 50 1/2 to 50 3/4. Barley 72 1/2 to 95 0? Rye No 2 1.66 to 1.67. Flax No 1 2.92 to 2.94. Flour unchanged to up 20 percent. In carload lots family patents 11.50 to 11.70 a barrel in 98-pound cot ton sacks. Shipments 50,406 barrels. Bran 30.

Minneapolis

Copper and metals market report from New York

On October 14 in New York copper was nominal with producers silent on quotes. Small electrolytic sales in the open trade at about 17 cents. Iron and antimony unchanged. Tin weak at 39 to 40 dollars for spot and futures. Lead easy at 7.40 to 7.75 dollars. East St. Louis spot lead around 7.20.

New York East St. Louis

Mines and Mining Additions Boost Nei Hart Consolidated Output

Nei hart Consolidated Silver Mining adds to day shift to 20 men and plans a full night shift as crews become available. Another carload of ore shipped this week, with expectations of increasing shipments to at least one car weekly. The mine is in excellent shape with stopes opened and production projected to remain steady for months. Superintendent Drtnville says little development will be attempted soon as ore in sight should sustain operations. Homestake Holding company of Livingston files incorporation to develop the Cooke City mining district, with G. L. Tanzer, James A. Wood, and J. J. Black on the board. Helene hosts a milling and smelting center. East Helena houses the American Smelting and Refining plant, the state’s only lead smelter. The New York Montana Testing and Engineering plant and United States assay office are in Broadwater Helena. Copper stocks are rising again to prewar levels, yet profit remains slim for low-cost producers. Copper prices at 17-18 cents a pound reflect tight margins amid weak demand, with inquiries fading after last price-cutting drive. Montana-Idaho Copper company at Adair reports a 6,000-foot tunnel through Wallace or Newlands quartzite, entering a dio rite intrusion. Veins and ore shoots appear at intrusion contacts. 2,000 feet remain to reach the Monitor shaft, while 900 feet more were crosscut toward the Richmond vein.

St Mary Ee Superior Sen Eee Sae Trinity Tuolumne Ee Ee U. S. Smelt Com Vo . Ae Utah Apex Utah Cons Utah Metals Lackawanna Cen Ee Winona We Lee Tire Ee Wolverine Ee Mexican Petroleum Wyandotte Maxwell Motors North Butte Sees Miami Copper Wee Midvale Steel Missouri Pacific Mont Power Ee Lauzier- Wee Company Sked Bay St. Gas Bohemia Nevada Butte & London Butte-New York Central Barnes Wing Son Boston & Montana Northern Pacific Calumet & Montana Nova Scotia Steel Cascade Amer Ppoe Ie Pennsylvania People's Gas Pierce-Arrow Crown Res First National Amer Pittsburg Holton Am. W. Pap Pond Creek New Douglas Amer. Tobacco Ry. Steel Springs Ss. W Cape Ws Tonopah Belmont United Verde Gl & Tel Republic Eg Wright-Martin Bethlehem Steel Stromberg Baltimore & Ohio Studebaker Co Bosch Butte Copper Butte & Superior Tennessee Copper Butte Jar M Butte Cop & Zinc Texas Co Bethlehem Motor T Texas & Pac Butte Ramsdell Calif. Petroleum Eee Canadian Pacific Canada Union Oil Aeak Cascade Silver Chesapeake & Ohio United Alloy Steel Douglas Sneer Chic M & St United Fruit Ely Consolidated Ec Chicag & R Chandler Motor Chile Colorado U Steel Red Rover Crucible Steel Seattle Calif Cerro de Pasco Columbus Gas Western Union Lauzier-Walcott Cemreny Denver & R Grande Westinghouse A White Motors Fear Wilson & Co Willys-Overland Swift & Co Worthington Armour & Co General Electric Ohio &Cit General Motors Liberty Bonds Mont. Powes Liberty O. Eee Non Butte Anc. & Pac Greene Canane Liberty Seconds Kennecott Co .Ps Gt Northern Ptd Liberty Thirds Aves Sv Aeae Libert Mer. Marine M & St. Dp Wright-Martin Nor. Ret. Dles Invincible Oil Nor. Pac. Y Ke Kennecott Kelly-Springfield Montana Wyoming Keystone Tire Bankers Lauzier-Walcott Burke Oil Wyo Cosden Se Ewes Butte Upton Elk Basin Chappell Federal Oil Cat Creek Glenrock Decker Collins Son of Metro Pet Dillon Oil Merritt Elkhorn Mid-West Corp Eeaee Midwest Oil Com Gates Northwest Great Western E. Okmulgee Greybull & Mont Sapulpa Et Kansas Montana Omar Boone Minin Roy Caledonia Seer Eerer Stellar Oil Magma Neihart Consolidated Silver Mining Company Neihart Mining News Drtnville Helene East Helena American Smelting and Refining Company Broadwater Helena New York- Montana Testing and Engineering Company United States Assay Office Boston News Bureau Japan Montana-Idaho Copper Company Adair E. J. Kirby Wallace Newlands Mr. Kirby Coeur d'Alene Richmond

Oil Roundup Notes Promising Wells and Transfers

Roundup reports from the Van Duzen Discovery well indicate the cable knife obstruction may be moved, allowing grappling for lost tools and rapid progress to the second sand. Other notes include transfers of Pole Creek interest to Montana Consolidated, casing work at Willow Creek, gas finds at Ragged Point dome, and plans for test wells at Antelope structure and Howard coulee with renewed statewide oil activity.

E. G. Lewis Association Hr Pole Creek Montana Consolidated Oil Company California Montana Pioneer Oil Company Willow Creek Ohio Ragged Point Dome Colorado Lakota Dunkota Cat Creek The Ohio Company Howard Coulee Big Wall Victory Oil Company

Cricket Fights Stir China Markets and Gambler Interest

Crickets are popular across China for their song and for fighting matches. Enthusiastic gamblers wager large sums on champions in these contests, reflecting widespread interest beyond mere entertainment.

China

Spindles in Japan Mill Output Gap Estimated

The article notes that if Japanese mills had secured deliveries from English and United States builders since 1914, they would possess about 5,056,000 spindles. In reality the number is not more than 3,250,000 spindles, signaling a shortfall in equipment.

Japan United States

Market report shows stable prime mercantile paper and rates

NEW YORK Oct 14 prime mercantile paper unchanged and exchanges easy. Demand 3.48 percent with cables 4 Francs 6.55 6.57 Belgian francs 6.90 6.92. Gulden 381 cables 31.10 Lire 3.90 8.92 Marks 1.45 1.46 Greece 9.60. New York exchange on Montreal 10 percent. Time loans steady. Call money strong high 10 percent low 9 percent ruling rate percent offered at 10 percent last loan 10 percent.

New York Gulilders Greece New York Exchange Montreal

New York and London Silver Prices Report

New York on October 14 reports domestic silver unchanged bar price and foreign at 85 and 65 percent for Mexican dollars. London market notes October 14 bar silver at 554d per ounce with money and discount details incomplete.

New York London

Also Mentioned on This Page

NEW York Stock Exchange Boston Curb Boston Coppers Salt Lake Heilbronner Alaska Sumatra Haneier Ween Algomah Allouez Arizona Davis-Daly East Butte Franklin Helvetia Indiana Isle Royal Kerr Lake Ee Keweenaw la Salle Mason Valley Michigan New Arc Nipissing North Lake Ibway Old Dominion Quincey Santa Fe Lauzier-Wolcott Company Alta Michigan Alta Albion Columbus Daly-West Emma Silver R & B. Bell Eureka Lily Eureka Judge M Keystone Jay New Quincy Walker Mining Heilbronner Company Tanzier-Wolcott Statistical and Mining Department Lauzier-Wallcott Review Calumet & Hecla and Granby Lackawanna Couto AOME MR. Priggins Namie Metal Market Homestake Holding Company of Livingston Cooke City G. L. Tanzer James A. Wood J. J. Black Tanzer Cooke District van Duzer van Duzen Devil’s Dome Oil Company van Duren Oii Musselshell Ellensburg Wash Tri City Midland Petroleum Company Fig Ryegate Kriebel Inveetme Nent Aioe Securifend LaSalle First National Bank of Butte Federal Reserve System Andrew 3. Davis J. & Dutton J. E. Stephenson George A. Hill Andrew J. Davis J. Porsythe W. A Butte Anaconda Billings Logan & Bryan and Hayden Stone CO Lauzier-Wolcoit Company le Butte E. Broadway
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