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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 18, 1922
Page
17
Stocks edged higher after an initial sell off as several sectors rebounded. The rally included gains in chemicals and steel while oil equipment and other indus tried to show long positions amid tariff related shifts and embargo concerns.
Trading on the New York cotton market ended with futures down between 40 and 48 points from the prior session. Market activity showed weakness as prices nursed near the day’s low amid uncertain demand and lingering supply considerations.
Fragmentary text from a Money and Exchange page shows numerous misread words and scattered entities. It references currencies, places, names, and numbers but lacks coherent events or clear individuals. The readable parts do not yield a definite news item or action.
The Chicago grain market showed Wheat ending two cents lower after an initial firmness earlier in the session. Traders cited mixed demand and speculative trading, with nearby supplies and futures activity steering the day’s moves amid a cautious market tone.
Large cattle sale notes Prime steers reaching top prices of the year despite a strong western run. Reports show about 3,000 head of cattle and calves traded with varied receipts and steady market for beef breeds, while hogs and sheep saw mixed results and prices. The near term prospects indicate steady demand with price support on higher quality stock.
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