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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Sep 01, 1925
Page
10
Chicago and Minneapolis market notes show wheat supplies fell by 667000 bushels while prices rallied from early declines. December and May futures moved up with corn and oats mixed. Butter eggs and potato prices also reported with regional variations amid harvest activity.
Stock market shows alternating weakness and strength with some shares hitting new peak prices. Key gains include Brown Shoe, Kresge, International Nickel, IBM, Phillip Morris and General Railway Equipment, while several majors slipped after late gains. Call money remains firm and foreign exchange and metal markets show mixed movements amid ongoing liquidity and demand signals.
The general list shows an irregular tone with special issues prominent. Radio promised early prospects for improved business, while Cher and rail and motor stocks showed little gain. Nickel dividends resumed at $2 annually since March 1919. Wheat futures remain volatile as shorts cover and winter supplies influence prices. authorities note Canadian wheat moving to market, Europe seeking new crop contracts, and no strong buying incentive currently. Trading position advised with caution on bulges.
Livestock totals show receipts around 34 000 at Chicago with broad price swings. Cattle demand mixed as big packers stay active with steer and fat sheep values fluctuating. South St Paul reports slow cattle trade, Western grassers dominant, stockers and feeders easing, hogs steady to lower on late bids.
Hogs receipts 1,800 with better grades and steady to weak prices. Butchers and lights steady, packers steady to weak. top 12.85 for 210-280 lb butchers. Cattle receipts 17,000. fed steers and yearlings mostly 250 lower. bulk feed costs 10 to 13.25. veal steady. Sheep receipts 18,500. lambs steady to lower. ranged 14.75 to 15.15 for fat lambs, ewes 7 to 8.50. Spokane market steady with prime cattle around 7.50 to 10.00. cows and heifers 4.25 to 4.75. veal 2.50 to 8.50. lambs 11.50 to 12. yearlings and wethers around 7 to 11.50.
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