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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Sep 12, 1920
Page
4
Volatile trading after a weak open saw declines across quarters as fed influence and foreign exchange weakness pressured markets. Mexican oils, rails and shipping faced losses while copper reversed gains and steel equipment leaders lacked support. Trading volume reached about 200000 shares amid irregular action and a premium rise for a new French issue.
The report lists varied currency figures with percentages and exchange values. It cites Belgian France demand francs and lire, plus cables and builders demands with multiple price points. It notes New York exchange on Montreal at 916 16 per cent dia count.
New York sugar futures ended the session easier with 1,200 tons of sales. October at 9.75, December 39.70, January 9.46, March 9.05, May 9.25 dollars per hundredweight.
Grain futures and cash bids in Chicago listed No 2 red wheat 368 No 2 hard 256 257 corn No 2 prized 140 140 and 141 white oats No 3 white 65 4c Rye No 1 196 Pork nominal Lard 1975 Ribs 1675 1775
Minneapolis reports flour unchanged with bran at 41.00 to 42.00 per ton. Corn No 3 yellow quoted at 1.88 to 1.39. Oats No 3 white at 50 to 60 percent. Flax No 1 around 3.223 to 3.35. Rye No 2 around 1.91 to 2.0.
In Denver on September 11, fruit and vegetable prices show mixed movements with oranges up to 9 per crate, peaches down and steady for other fruits. Tomatoes fall to 6 to 6.5 cents per pound while beans and wax beans adjust slightly. Egg prices hold steady with light supplies, butter steady around 69 cents per pound, and wholesale poultry values largely unchanged.
The Commercial Bulletin notes opening of light weight spring goods by the American Woolen Co with generally low prices. Buyers wait for further comparisons while food territory wools sell around 1.25 to 1.46 per clean pound for fine grades. Various fleece prices across regions are listed with mixed activity and slow overall business.
Cattle and calves steady to higher with ranges up to 60 higher in some light grades. Hogs up 10 to 15 cents from yesterday. top price around 16.85 with most butchers in the 15.86 to 16.76 range. Sheep and lambs show 36 to 60 cent gains, fat ewes weaker, feeders and culls higher.
Omaha reports a 3,600 hog receipt with prices up about 25 cents, top at 16.26, while cattle receipts of 200 show beef steers up 25 to 60 cents and bulls steady to 26 cents higher. Sheep receipts around 600 show killing lambs up 60 cents and yearlings 25 to 50 cents higher. Denver notes near absence of buying at stock yards.
Walden Colorado reports stock markets show improvement as bankers assist ranchers in marketing cattle. Coke Roberts returns from Denver with a carload of grass fed steers at twelve dollars per hundredweight. Union Pacific shipments are down about 75 percent versus September last year. one district moved 232 loads last year but only 76 cars this year for the same period.
Fred Parks of Sana Neb defeated Denver challenger Manley in the second round to claim the middleweight title in an open-air bout at the Spotts bluff baseball field Scottsbluff. The decision followed two fouls by Manley as a crowd of several thousand watched. Parks, a former University of Wyoming student, had previously won matches in Laramie.
The Embar sand gusher at 2 050 feet on section 10-29-81 in Bolton Creek field boosts large scale development plans. The Casper Bolton Creek syndicate, which holds the northeast quarter of the same section, is funding operations with unit sales through Sept 18. Geologist Frank B. Taylor says new wells target 2 200 to 2 300 feet. three wells by Iowa Wyoming have been completed.
A regional forecast suggests winter weather will intensify and disrupt large scale operations. Officials warn impacts could include transportation slowdowns and supply chain delays as teams prepare for harsher conditions.
Pine Bluffs Wyoming items report residents traveling, moving homes, and attending school. Mrs Otto Lewis and son Leland visit Merwin Missouri. Bernard Murry from Sidney visits. Mable Miller from Kenesaw tours en route to Richfield Utah to teach next year. Local firms discuss openings, layoffs, and dividends. Gates Oil plans a 2 1/2 percent dividend payable October 1. creamery operation is rejoined by H A Amerman and partners. multiple moves and visits noted among residents and neighboring towns.
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