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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Sep 02, 1925
Page
10
Markets show firm corn and uneven wheat as private crop reports surface. Officials revise estimates dampening bumper crop hopes while hay shortages and dry weather support corn strength. Chicago grain notes include wheat and flour prices, plus Minneapolis wheat figures and sugar market movements.
Stock prices fell sharply before the close after an earlier period of modest strength. In heavy selling, United States Steel and several industrials slid 1 to 2 points, while Baldwin Locomotive rose to 120 before retreating to 118 1/4. Rail shares fluctuated, call money rose to 4 percent, and foreign exchange showed mixed moves with sterling at 4.85 dollars.
Reports show selling pressure in late session with irregular tone and diminished volume. Prices for wheat and corn fluctuate amid renewed selling and outside liquidation. demand in foreign markets weak while local operators push hedges. Copper and metals hold modest gains. currency and money market show varied activity.
Chicago hogs receipts 21 000 slow uneven medium and heavy weight bids 10-15c off. cattle receipts 8 000 well conditioned fat offerings scarce. sheep receipts 18 000 fat native lambs active. Omaha hogs receipts 8 600 fully sorted down 15c to 25c. cattle steady to slow. Montana sheep up to 280 higher with fat lambs 15.35 to 18.50 and ewes higher.
Spokane Portland Los Angeles Sioux City report cattle receipts and prices across markets. Cattle steady to weak, hogs steady to mixed, calves and stockers show varied demand. Prices quoted for steers, heifers, bulls, calves, and feeder offerings. regional totals and holdovers noted for September 1.
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