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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Apr 30, 1920
Page
12
Market reports show corn prices weakening as Chicago grain elevators shut down and railway tensions align with a white worker strike. May contracts drift lower with general demand softening though no dramatic shifts. Butter and poultry markets also ease slightly while overall receipts remain steady.
Livestock market notes from Chicago and St Paul April reports show hogs steady to weak with receipts around 7 000 in St Paul and 5 000 in Chicago. Cattle, calves and yearlings varied by grade with prices quoted for fat steers cows and heifers. sheep and lambs show similar steady to weak undertones amid receipts. Also included are New York money rates Liberty bonds copper and silver prices and general market conditions.
United Profit Sharing Corporation announced its regular semi annual dividend of per cent and an extra dividend of per cent, both payable June 1 to stockholders with a record date of May 1. The report notes market weakness, bond activity, and general economic concerns amid a volatile stock scene in New York.
Liquidation dominated trading as Hellbroaner Company notes a sharp market decline with prices slipping from early gains. Major metals and rails followed the downbeat trend while vanadium steel and replicates hit varied closes. Copper demand stories and copper tests mix with overall fear of labor troubles around the first of the month.
New York April 29 Raw sugar firm centrifugal 19 56 cents per pound, granulated 17 500 286. The economy shows tight money signals with industry lagging for fuel and raw materials. Distillations of trade and transport indicate continued movement amid uncertain demand and rising freight costs.
The stars favor joy travel and new plans with hopes rising in hearts. A lucky wedding day with long life and prosperity foretold for those born or marrying today. Promises for lawyers ministers professors and legislators, but caution on mining accidents stomach issues and food regulation amid rising inquiries.
Reports from Spokane describe extensive development at the Yankee Girl mine on Big Peek with a $20000 crosscut tunnel planned to reach the vein, plus machinery and electric power connections. The Liverpool mine in Lump Gulch near Helena expects 30 carloads this month as ore with rich silver content continues. Shattuck Arizona mine near Bisbee resumes normal operations after flooding, with 300 tons daily from a lead copper ore, shaft sinking planned to 100 feet and expansion at 1000 and 1200 foot levels. Mexico shipped 157 carloads of ore worth 1875490 dollars to U S smelters in March, Montezuma Copper sent 122 carloads, El Tigre 13, others 17 in total. Rainbow Mining and Milling on Little North Forks reports assays of 91 percent lead, 10 to 43 ounces of silver per ton from tunneling. Utah Copper 1919 output shows 105 million pounds copper, 28808 ounces gold, 263721 ounces silver, with price and cost data and a 50 percent production decline from prior year.
Minneapolis grain news notes wheat receipts at 126 cars versus 92 a year ago and cites price ranges for different wheat grades. Mentions era and belion figures, freight implications unclear, and shipments around 46,07 with scattered figures and partial values.
In Vancouver BC packers warn that salmon prospects look grim as sockeye returns face marketing challenges for cheaper grades like chums and ks. About 20,000 cases from last year’s chum run remain unsold, signaling a difficult year ahead for the industry.
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