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Helena Independent in Helena, Montana

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Newspaper

Helena Independent

Location

Helena, Montana, United States of America

Date

Jun 23, 1922

Page

12

Market turmoil as Clear Petroleum drives stock surge

Financial news from New York reports a volatile session with Clear Petroleum leading gains, pushing the market higher before retreating. Transportation stocks including Southern Pacific and New York Central posted notable moves while bonds and foreign exchange markets showed broad activity. money rates fluctuated amid a softer federal reserve stance.

Dnvincisie Kelly Tira Ravens OM Kannecolt Anpeae Lackawanna Be Mercantile Marine Mex. Petroleum, Com Ieee Rock Island Southern Pacific Rhomberg. Yu Studevaker Yay Texan Co Tabacco Union Pacha UB Rubber Ak F. Steel Steel Utah Erene Reed ALK Ag Wilton & Go

Grain Market Signals Heat Driven Wheat Rally

Chicago grain market shows firm prices with strong wheat gains and corn and oats rising on forecasts of hot weather. Prospects of crop damage from heat raise bullish sentiment despite limited offerings in provisions. Nebraska and Canadian rainfall shortages amplify fears of a short crop. Nearby futures show No 3 and No 6 hard wheat at about 1.08 to 1.14 dollars, corn mixed around 0.63 to 0.70, and oats up modestly. Butter and eggs prices in Chilean markets steady with higher poultry demand noted.

Chicago Lge Lawer Nebraska South Dakota Canada Bennesola

Livestock Prices Across Markets Report Slow Demand

South St Patt and Omaha markets show declines and steady bids across cattle hogs and sheep. Receipts reach 13 000 hogs and 7 000 cattle in Omaha. Chicago and Spokane show mixed activity with buyers cautious. Notable prices include hogs 9 to 10 dollars. cattle top around 2.50 per hundredweight. calves weak to steady amid varied demand.

South St. Patt U. R Mppkata Catttef Dyk Hulle Arkel Chicago Omaha Bureau of Markets Wylie Ie

Named Head of Ad Clubs in Kanead City

Lou Holland elected president of the Advertising Globe of the World at the ad men’s convention in Milwaukee. Holland was named head of the Ad Clubs as head of the Kanead City group following recent election by Associated Press.

Associated Press Nashville Jamax M. Haxan Christchurch Spiscopal Dioceas of Tennessee Mexico City Associated Pressj Pight Lou Holland Kanead City Pew Aaga Advertising Globe of the World Holland Milwaukee Wis

Beck Petroleum Plans Gas Ridge Test Well

Beck Petroleum plans to drill a test well on 7800 acres in township 42 north ranges 3 and 4 east on the eastern extension of the Gas Ridge. The corporation, capitalized at 100000 dollars, will invest 50000 dollars to develop holdings. Officers include M. E. Deck president and Davis vice president. Location for the test well is noted by C L Emmons, with principal office in Shelby and 1 par value shares.

Shelby Lhe Beck Troleum Corporation Gag Ridge Ajnoult M. E. Deck Davis J.R. Stille Mr. Moullen C. L. Emmons Kevin Field Corfelation

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