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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Apr 24, 1920
Page
12
Markets reel as bearish pressure from New York stocks undermines corn, oats and provisions. May corn slips to 81.65, July to 157.5, oats down, and wholesale butter and eggs marginally lower. Weather and seeding delay loom, with heavy selling in futures amid erratic buying.
April livestock receipts show 8,000 to 31,000 head with mixed tones of strength and weakness. Spokane reports hogs strong with prime mixed at 17 to 17.25, cattle firm to strong, and sheep variable. Omaha and St Paul track receipts and prices for steers, cows, and lambs with declines and stayers. New York reports mercantile and currency figures with weak to unchanged exchanges and steady bonds.
New York trading opened weak with erratic gains and heavy selling in the final hour. Industrials led declines as investors fretted over currency troubles in Mexico and potential U.S. exposure. Liberty bonds offered slight recovery but overall money conditions remained tight with further liquidation expected.
In Brooklyn Meyer axan, 4 bricklayers on a Neptune avenue and West Pirst Street site handed a hot brick to a coworker as a joke. A shovel blow to the head sent him to hospital. Fellow worker Morrie Al yam, 87, is held in Nassau Street court on $1,000 bail for serious assault. Schulman, 12, suffered scalp lacerations. White wines are made from grapes with the kine removed.
The April 23 market session showed steel leaders active with Replogle Steel up 6 000 shares at 81 and talks of a merger between Lackawanna and Bechiehen St. Mexican Petroleum and Pan American fell sharply as gunboat tensions loomed. Rails eased 1 to 2 points while copper moved little. Butte & Superior fluctuated near 24 to 26 as nerves wavered and expectations of a lower market persisted.
March copper production reached 1,909,720 pounds at the Bast smelter with comparative March outputs since 1917 showing 1,700,130 pounds in 1919, 2,324,040 in 1918, and 1,597,440 in 1917. East Belt coal properties near Belt Creek are eyed by Boston capitalists for development with 200 to 300 workers expected later this year. The Palmillo mine in Mexico faces exploration expansion despite revolution, while the Musselshell sapphire discovery near Roundup prompts expert disagreement on value. Utah and Nevada March mine outputs show Copper 8,894,696. Rhino 4,413,328. Ray Consolidated 3,900,000. Nevada Consolidated 3,700,000.
Washington April 25 Investigation by the house of the administration by Assistant Secretary of Labor Post of the deportation of alien Tactics will be started Thursday before the rules committee. Under a plan adopted by Republican leaders, an adverse finding against the assistant secretary will lead to a resolution calling for his removal rather than impeachment. Republican leaders say removal resolution would be more effective and quicker than impeachment.
New York April 23 Supreme Court Justice McAvoy granted Edith Kelly Gould a summons and complaint for separation from Frank Jay Gould. Service to be at his Paris address. Mrs Gould had been divorced by Versailles civil court in 1914 but rejects its validity. She accuses him of cruelty and intoxication and says it is unsafe for her to live with him. they have been apart for over a year.
In Fort Smith Arkansas Frank Bruce was fined ten dollars after testifying that he cut his wife’s shoes to pieces following a domestic quarrel. He paid the fine on orders from Judge Hale as the case was called in court.
Wayne Kansas named C P Broncillus, a farmer, raising lemons in a house grown tree. He recently picked a dozen ripe lemons, including a large specimen weighing 18 ounces. A separate line notes a 21-year-old Tar Conte died by asphyxiation after sitting on a chair beside a gas stove that was lit but unignited.
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