Wheat Prices Fall to New Low in Market Report
Markets report bearish outlooks domestic and foreign finance push wheat to season lows. Corn, oats, and provisions slip while hogs prices hover with mixed action. receipts tight and export demand uneven.
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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 19, 1921
Page
9
Markets report bearish outlooks domestic and foreign finance push wheat to season lows. Corn, oats, and provisions slip while hogs prices hover with mixed action. receipts tight and export demand uneven.
The Associated Press reports a hopeful mood for rail shares tempered by declines in American Sugar common and preferred. Transport stocks mostly rose with some weakness in Pullman equipment. Foreign and domestic oils advanced, while overall bonds showed little change. Market turnover reached 425,000 shares as money markets eased and sterling slid amid German worries.
The Heilbronner Company notes a slightly steadier market with active trading in some stocks. Pierce Arrow reports full capacity and ample orders into March, while labor tensions at Northern Pacific hint at possible strikes. Sugar market remains unchanged though Cuban refiners show activity, and overall investors await strike developments with cautious buying.
Cattle receipts and market activity vary across regions with mixed bids. Portland reports steady to higher tones for cattle and sheep with prices around six dollars for top lots while South St Paul lists steady to firm tone for select cattle and veal, noting heavy and light weights with fluctuating quotes.
A tangle of listings in the Anaconda Standard echoes a busy classified page. Ads range from help wanted to rooms for rent and business opportunities, with names like Butte and Anaconda appearing amid mixed notices and public notices.
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