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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Sep 23, 1920

Page

10

Heat declines rally as grain and hog markets drop

Chicago markets show fresh declines in corn wheat and hogs after a brief rally tied to export rumors. December wheat fluctuated around 2.30 to 2.36 dollars, corn fell to season lows, and hogs weakened despite export expectations. Cash quotations for various grain grades were listed with prices range daily.

ICAGO Amestic Manitoba Europe Shorts

Markets News Notes Grain and Butter Prices Across Regions

Minneapolis grain reports show flour down 25 to 5 cents, family shipments at 12.45 per barrel, receipts 524 cars, shipments 64 263 barrels. Cash market prices stronger for corn and oats. yellow corn 1.13 to 1.15, white 0.64 to 0.65, rye 0.73 to 0.98, barley 0.73 to 0.98, oats 1.95 to 1.96, No 1 wheat 3.23 to 3.26.

Minneapolis Inneapolis Orthern C.rley E—O

New York Stock Market Faces Uncertain Industrial Conditions

Uncertain industrial conditions sparked further bearish activity with 659000 shares traded. Motor stocks led declines as Mexican Petroleum, Republic Steel, and Central Leather fell. rails showed mixed results with Erie and Pittsburgh & West Virginia gains. Tobaccos strengthened. late gains in obscure rails contrasted with continued losses in metals and oils.

New York Chandler Motor Bosch Magneto Studebaker Mexican Petroleum Republic Steel Central Leather Canadian and Southern Railway Erie Pittsburg West Virginia Pere Marquette Wheeling & Lake Erie Colorado Southern Pittsburg Coal Crucible London Paris Vanadium Steel Western Pacific Chicago Great Western Seaboard Air Line

Rails Lead With Show Of Strength Amid Market Activity

The stock market session saw rails as leaders with strong activity. Southern Railway touched 31, New Haven peaked at 3556, and United States Steel closed near 89. An overall steel weakness unsettled markets while oil and copper names showed varied moves.

Lauzier-Wolcott Mining and Statistical News Southern Railway New Haven Chesapeake & Ohio United States Steel Mexican Petroleum Texas Oil Kennecott Copper Anaconda North Butte Inspiration Lewistown Democrat Tintic Standard

Market Dims Amid Dividend Cuts Forecast For Industry

Heilbronner reports widespread pessimism at the opening of trading as investors price in dividend cuts in motors and rubber. Ford cuts wars prices spark talk of further reductions while copper and railroad shares show narrow moves. Rails emerge as the strongest sector with several low priced issues bid up. Overall, despite negative news, the market holds up relatively well.

Heilbronner Company Ford Company Maryland Lake Erie & Western Wabashes, Katies Southern Railway Seaboard Air Line Ontario & Western

Copper trade talks and mining notes across nations

The Boston News Bureau reports that French manufacturers and American copper producers are negotiating to secure metal supplies over an extended period. German credits in the United States are being arranged to meet copper needs, with German purchases limited by dollar and mark exchange. Germany’s prewar consumption and current supply from Mansfield mine are cited, along with scrap use. The piece adds figures from the joint mint and geological survey for 1919 gold and silver output, and notes high grade ore near the Yuba Dyke in Nevada, with W. D. Price leasing the area and developing the Yuba mine and mill remains.

Boston News Bureau United States Germany Mansfield Yuba Dyke Pacific Tunnel Yuba Amalgamated Pioche Mines and Smelters Corporation of Nevada W. D. Price Pioche

Ore mined to 1300 feet after extensive surface extension

Ore was extended from surface down to the 800 foot level and from the shoot below. mining continued to the 1300 foot level with total production surpassing 1 million dollars. All second class ore remained in the mine.

Ore shipments to Trail smelter list by mine and tonnage

A Otel of 125 tons of ore and concentrate was received at the Trail smelter during the last 10 days of August from Consoli dated company mines totaling 9,854 tons. Other shippers include Bluebell, Riondell 156 tons Canada Copper Greenwood 11 Iron Mask Kamloops 83 Josie Rossland 296 Mandy Le Pas 372 Mayo Yukon 3 Monarch Field 37 North Star Kimberley 251 Providence Greenwood 72 Sally Beaverdell 45 Silver Standard New Hazelton 41 Skylark Greenwood 16 Venus Carcross Yukon 20. Mandy mine at Le Pas has shipped over 7,000 tons to Trail this year.

Centennial West Ee Davis-Dalye East Butte Franklin Helvetia Indiana Royal Lee South Lake Petroleum St Mary Eee Eee Maxwell Motors Trinity Miami Copper Tuolumne Eeeewenene Vd Midvale Steel Smelter Com Missouri Pacific Winona Oo Wolverine O Pennsylvania People's Gas Bay State Gas Pierce-Arrow Pittsburg Bohemia Pond Creek Coal Boston & Ely Steel Cargo Butte & London Butte-New York Sloss Sheffield Arizona Southern Pacific Coppermines Southern Railway Crown Reserve First National Stromberg Holton O Studebaker Co la Rose Superior Steel Tennessee Majestic Texas Co Texas & Pacific McKinley Nevada-Douglas Union Pacifica Onondaga United Alloy Steel United Fruit Ss. W U S. Rubbereo Wright-Martin New York U Ss Steel Heilbronner U S. Steel Alt Lake Utah Eer Co Alta Open Close Western Union Albion Alaska Columbus Rexall Gulf & W Westinghouse White Motors Daly-West Wilson & Co Willys-Overland Bluebell Worthington Liberty Sumatra Int. Corp Allis-Chalmers Michigan- Utah Atchison AOV Butte Stock Exchange Baldwin Loco Peerless Silver King Coal Creek Baltimore Hecla Bosch Walker Mining Butte Goldwyn Calif. Petroleum Barnett Ramsdell Canadian Pacific Lauzier-Wolcott Co Boston-Wyoming Cosden Wyoming M & St Elk Basin Chandler Motor Chile Metro Pet Boston-Wyo Wyo Merritt Oil Burkett Chino Colorado Midwest Refining Butte-Upton Tender Midwest Oil Chappell Oil Northwester Cat Creek Crucible Steel “Eee 130 131 08 .10 R Bow Secur Okmulgee Decker-Collins Columbia Graph Sapulpa Calif Hikhorn Cerre de Pasco Frantz Corp Columbus Gas Merland Simms Great Western L Lauzier-Wolcott Co Erie Greybull & Mont ROO Elk Horn Co Kinney General Electric Mont Boone Ee Ur & Co Cities Gas Greene-Cananea Tana Power Canada Magma Og Goodrich Vu Roy. & Prod Near Ey Gulf States Haskell & Barker Zar Lode Montana Willow Creek Interborough Ead Boston Int Harvester Lauzier- Walcott Co Mer Marine O. P Algomah Reee Allouez Arizona Comm Kennecott Butte & Ballaklavaa Kelly-Springfield Alumet & Arizona C. P Keystone Tire Ry. i Calumet & Hecla Trail British Columbia Consolidated Company Riondell Canada Copper Corporation Greenwood Iron Mask Kamloops Josie Rossland Mandy le Pas Mayo Yukon Monarch Field North Star Kimberley Providence Sally Beaverdell Silver Standard New Hazelton Skylark Venus Carcross

Livestock Market Reports from Chicago Receipts and Prices

Cattle receipts 11 000 market dull opening sales steady to 17 50 on best steers and yearlings grassy kinds weak mostly 9 to 14 50. Hogs 11 000 market uneven 35 to 50 cents lower. early top 17 65. light and butcher 16 50 to 17 50. Sheep 23 000 market very slow with bids uneven lower. good native lambs 12 50. medium 11 12. best around 13 75.

Chicago

Spokane Market Summary Hogs Cattle and Lamb Prices

Hogs receipts 319 steady market prime mixed 19.75 20 medium mixed 19.50 19.75 rough heavies 18 18.50 pigs 18 19.50 stockers and feeders 16 17 Cattle receipts 195 steady prime steers 10 10.50 good to choice 9 9.50 medium to good 8 9 fair to medium 7 8 common to fair 6 7 choice cows and heifers 7 8 good to choice 6.50 7 medium to good 5.50 6.50 fair to medium 4.50 5.50 canners 3 4.50 bulls 5 6.50 calves 10.50 13.50 stockers and feeders 5.50 8.50 Sheep receipts 123 market steady prime lambs 10 10.50 fair to medium 8.50 9.59 prime yearlings 5.50 6.50 prime wethers 5 6 best mutton ewes 2 5.

Spokane

Omaha Market Report Shows Mixed Hog Cattle and Sheep Moves

Hogs receipts 4000 with prices 25 to 35 cents lower. top hogs $17 and bulk $16 to $16.75. Cattle receipts 10000 with slow fed cattle and weaker grass steers. best early at $16.50, bulls and veals steady. Sheep receipts 25000 with lambs lower. best early lambs around $13.20 and ewes to $6.20.

Omaha

Market Report From South St Paul Livestock Show

South St Paul market reports Sept 22 receipts for hogs 5 000 mostly lower price range 15 16 50 bulk 16 25 16 49. Cattle receipts 6 500 kill slow to lower fat steers 5 75 15 cows and heifers 5 12 50 calves 4 15 50 stockers and feeders weak 40 12 75. Sheep receipts 1 500 mostly 50c lower lambs 4 13 wethers 4 7 ewes 2 5 50.

South ST. Paul

Metal Market Roundup Steady Across Electrolytic Copper

Copper prices stay easy with electrolytic, spot and near by at 18% and 18 1 4 c. Zinc remains steady at East St. Louis delivery 7.75 c. Tin and antimony unchanged with futures for tin at 44 50. Lead quiet and iron unchanged.

Neew York East St. Louis

Market Report on Foreign Exchange and Money Rates

New York on September 22 shows par money market steady with prime merchant paper unchanged. Sterling demand 3.47 percent, francs 6.68 demand, 6.70 cables. Belgian francs 7.05 demand, 7.07 cables. Guilders 380.87 demand, 31 cables. Lire 4.30 demand, 4.32 cables. Marks 1.63 demand, 1.64 cables. Montreal exchange at 9 1/2 percent discount. Government bonds irregular. Time loans strong, unchanged. Call money steady at 7 percent. ruling rate 6 percent. last loan 7 percent.

New York Ixchange New York Exchange Montreal

Oil leasing permits issued for Montana lands

Seven new oil leasing permits issued by the secretary of the interior cover Montana lands likely containing oil deposits. Districts listed include Great Falls Glasgow Lewistown and Miles City with multiple tracts ranging from 14 to 1,440 acres. On Oct. 30 a public auction will sell 443 acres near Vandalia diversion dam Milk River project subject to a flowage right.

Washington Secretary of the Interior Montana Great Falls Bir Wilson Harold Campbell Glasgow Dennis J. Clifford Lewistown Frank Coleman Shirley S. Ford Harrison Green Miles City Sherman Hunt Reclamation Service Vandalia Diversion Dam Milk River Mont Vandalia Dam

Horoscope: Mercury Mars Benefic Aspects Forecast Broad Influence

The 1920 forecast notes favorable planetary alignments aiding lease signings and agreements while publicity and newspapers may gain. It predicts a diplomatic message on war matters, building activity through winter, and housing condition surveys in Massachusetts. Political schisms loom and Wall Street may face a panic, with cautious fire prevention urged.

Mercury Mars Uranus Massachusetts Washington, D. C Saturn Wall Street McClure

Also Mentioned on This Page

Vvc NEW York Stock Exchange Boston Curb Awerd OF KE Undertaker Big Missouri Group of Salmon River Portland Canal District Pacific Coast I Exploraton Company Sir Donald Mann Toronto Big Missouri Mint and Geological Survey Omatia Metal Market NEW York Money The First National Bank of Federal Reserve System Andrew J. Davis J. E. Stephenson George A. Hill Andrew J. Davis Jr W. J. Forsythe W. A. Clark J. Ross Clark W. A. Clark & Bro Alex J. Johnston Vanta Billings Logan & Bryan and Hayden Stone CO Lauzier-Wolcott Company Anaconda Butte E. Park Fr. Broadway
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