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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Apr 27, 1920

Page

14

Market and grain price surge as European buyers return

European demand revives markets with big grain advances in Chicago trading. Corn closes 4% to 6 cents higher with May 173 and July 165% to 166. oats gain 2 to 3% while rye soars 11 cents signaling tight stocks. Provisions move variedly, and cash quotes show strong hogs and corn, while oats hit record immediate-use levels amid forecasts of reseeding. Minneapolis wheat receipts and prices listed alongside yellow corn figures and bran prices.

Chicago Naval Gate

Livestock and Financial Market Summary from Chicago and New York

April 26 reports show cattle and hog markets varying with receipts around 34 000 cattle in Chicago and hogs near 19 000 in New York. Prices edge higher for certain cattle and feeders while sheep and lambs soften. New York notes mixed currency and bond activity with sugar and silver prices firm.

Omaha New York

Railroad stocks lift as market weighs Japan crisis

New York April 26 stock market steadied on optimism from a stronger federal reserve and clearing house, with rails and coal shares rising. Volume reached 1,033,000 and debates over credit, Japan’s crisis, and potential future declines colored trading as experts urged caution in short-term positions.

New York Federal Reserve Bank and Clearing House United States Supreme Court General Motors Liberty United States

North Butte Reopens Promise Amid Rich Edith May Vein

Reports from North Butte indicate ore on the 3400-foot level along the Edith May vein in widths up to four feet with copper around 2 percent and silver near 2 ounces per ton. Developments on the new level follow favorable results from the 3200-foot level as managers forecast potential dividend revival.

North Butte Edith May Boston Dispatch Brayley Butte

Court decision boosts Reading Coal and rails market

The Supreme Court directed the Reading Coal and Iron to segregate coal, lifting Reading stock and linked rail issues. Reading rose from 79 to 92 while rails and copper shares gained. traders expect a rail boom and potential merger chatter. Money stayed at 7 percent as markets signaled a constructive trend amid Mexican tensions.

New York Supreme Court Reading Bailroa Company Reading Southern Pacific Texas & Pacific Union Pacific Southern Railway Missouri Pacific Wabash Traldwin Lackawanna Republic American’ Car Foundry American Locomotive Vanadium Replogle Petroleum Pan- American Lackawanna Steel Sterling Exchange

Copper Market Slump From Rail Strike Slows Shipments

The Boston News Bureau reports railroad strikes halt deliveries to consumers and manufacturers. Smelter shipments west to east stop, refining takes 60 days, likely June or July before shortages show. Ten draftemen plan a 1800 ton daily concentrating mill at Trail for the Consolidated Mining and Smelting Co of Rossland BC, cost about 1 million.

Boston News Bureau Consolidated Mining and Smelting Company Rossland British Columbia Spokesman Review Trail

Mining and metal markets report across western and Idaho ventures

Reports show lean production margins at half capacity with high wartime costs. Wisconsin Mining near Kellogg plans lower tunnel development and crosscut to No 2 ledge. W. E. Brodie reports a Burke tunnel strike in Procne Nevada with rich gold silver and lead vein. Cyanide Gold Mining expects a 60 to 100 ton daily plant by summer with 5 000 tons blocked out and 2 000 feet of tunnels completed. Liberty bonds prices hold steady amid conservative bankers and rail finance anxieties impacting commerce.

New York SPOCK Hellphere Company Alaska Ain Inti Corp Tobaccs Bee Bey Allis-Chalmers Atchizon Wooten” Ae Halawin Serco Bet ‘Breet Onio Bosch Brooklyn Foo Beth Cal Petroleum Indian “Pacific Ohio Btite Chandler Motor Colorado Haskell & Barkers Xwell Motors Ohio Cities Cf. i Phere Ironsay Pittsburg Pond Creek Co Steel Peta Wong Remayi Rep Iron & Steel Vere Shattuck Arizona Southern Pacific Southern Railway Stromberg Studebaker Tex City Transcontinental Paci Ee Unite Unites Alloy Sti Fruit Rerail Ur & Ste In Ag Viah White Motors Wilton ' S Willys-overland Worthington Liberty Liberty Secon Hinds W. Huyn Raven Allied Packers Atlas Marcy Big’ Ledge Br Am Tol Caledonia Calumet Butte Stock Exchange Sanda Canada Ey Banner Mien Coppermites Gorden Burks Cresson ix Butte-cat Curtis Aéro Dundee Om Dupontiano Forest Ong Federal Sar Firson Glenrock Heela Green Mons Iy Butte-Ramadell Her Cues Td Silver Linger Son Oll Houscoe Becker-Coltin A Howe Sound Gates Oir Bante Corpu Gauthier Greybull-Monta Glearock Golesnda Oil Jerome Verdae Oy Jardine Lerr Lake la' Ros Vegas ‘Tender Oa Eiboy Uusk Petroleum A Merritt kinteyDar Gola Midwest Texas Nipissing Texas Eagle OM Upper West Peerless Stanton Oltre Weston Stewart ‘Minti Heilbronner Company Awe Ure Io Swift & Co Tory United Esstern Salumet & Hwecias United Verde Larson Hisss United Carbide Yllennial Ue S Verde Palyswest Wayland Davie-Daly Yukon Fast Butte Ventura Vulcan Uy Hancock Isle Roy Ae Goldwyn Ropical Ik Indiana Gillett Keweens Lake ‘Conner Dias Monawie Mason Vailey New Arcadia Cornelia Nort Butte Quincy Shannon Be ‘Mar Souin Utah A Co Boston Report Ray Consolidated Wisconsin Mining Company Kellogg Louis Bolduc Bolduc W. E. Brodie Lessee Burke Procie Nev Salt’ Lake Winze Cyanide Gold Mining Company Bonners Ferry Idaho

Also Mentioned on This Page

Minneapolis Northern Fate Pia Sieep Weiners New York Money New, York Sterling Cabres S Cabres NEW York Stock Exchange Federal Reserve Bank Wall Street Japan Consiance Tokio Great Britain Milroad United States Steel Corporation United States Food Utah Anaconda Atchison Europe Italy Germany Standard Oil Sinclair and Shelt Stock Exchange Hoston H. Dunnigan Bohemia Boston & Ily Hutte & Landon Hotghton Jestic Nevada Pias Vern Bay Ian Oi Tron Boston & 'S Mines and Mining Chino, Bay and Nevada Consolidated State of Montana Dy Ibronner Company Boston Chicas Jon Feanest East Broadway Mining Steel Laberty Bol Bret Victory Victory AM Stock “Exchange Silver Bow National Bank Daly Bank and Trust Company of Charles Kelly Jon DO Ryan Winborne Eggee Pree THE First National Bank Sorpias Federal Reserve System Andrew Davis O Parron Stephenson Vise Davis Asta ARK Ross Clar A. Clark & Bro Alex 3 Johnston Saunter VW Heslet Lamb Eoente East Mercury Mont
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