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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 01, 1903
Page
3
Active yet shallow trading marked by heavy under tone and narrow moves. Atchison weakness tied to lower June earnings, rock island mortgage issue rumors fueled cautious decline, while some rails and metals fluctuated as bonds remained irregular.
Prices for tin fell in London with spot at 15s and futures near £124. Dull copper and lead markets in New York and London showed steady or unchanged tones, with spot copper around 4.30 cents and lake electrolytic at 13.413.2 percent. Foreign iron markets remained dull and prices nominal.
Chicago trading opened steady but eroded under selling pressure as St Louis receipts exceeded last year. Northwest damage reports and slow corn demand pushed prices down, with September futures closing lower across wheat oats and hog relations.
Market notes show cash quotations for wheat corn oats and rye and strong livestock values. Prices for premium bundles include No 2 yellow and red wheats and corn while pork lard and beef cuts are listed with per hundredweight figures. Cattle hogs and sheep receipts are given with ranges for prime steers bulls and lambs and overall market tone is slow but steady.
Cattle receipts 1500 steady market Native steers 3.90 to 4.04 cows and heifers 32.84 to 34.40 western steers 32.06 to 32.00 canners 1.50 to 2.59 stockers and feeders 2. calves 2.04 to 2.46 bulls stags 3.44 to 2. Hogs receipts 700 market lower heavy 4.05 mixed 4.50 to 4.95 light 3.95 to 5.15 pies 4.95 to 5.05 bulk 4.43. Sheep receipts 5000 market steady fed muttons 4.50 to 4.75 wethers 3.43 to 3.70 ewes 2.50 to 3.25 common and stockers 4.3 lambs 5.0 to 5.75.
Cattle receipts total 3 50 including 2 Texans. Market steady with Western steers 4.95, native steers 3.75 to 5.25, Texas and Indian steers 2.40 to 1.0, stockers 2.85 to 4.35, bulls 2.48 to 8.75, calves 2.45. Hogs receipts 6.0 with market 10c lower. prices: 5.10 to 6.40 for various grades, packers 5.10 to 5.2, light 5.40 to 5.40, Yorkers 5.25 to 5.30, pigs 5.25 to 5.35. Keep receipts 1,000 market steady. muttons 4.05 to 5.05, lambs 8.15 to 0.40, range wethers 5.0 to 5.0, ewes 4.75 to 4.75.
London July 31 posts show Consols for money 1 16, for account 915 16, Anacon £3 percent. Atchison and Atchison preferred. Baltimore and Ohio 1544. Canadian Pacific 125. Southern Pacific 45 1 2. Union Pacific minor figures.
Market notes show United States Steel and its preferred class traded with prices around 73 percent, silver bar at 255-16d per ounce, and general money market movements reflected in small percentage shifts.
Washington July 31 Today's statement of the treasury balances shows available cash balance 227 840 203 dollars and gold holdings 100 201 025 dollars.
Multiple property offers include an A frame house near the post office for 2500, a $1000 cozy home, a south side lot for 550 cash, and an 80 acre ranch 2250 with fruit trees near Missoula. Also stock ranches near Puller Springs and Missoula offered, plus local assayers and a Parisian dye house with guaranteed service.
Special Dispatch reports Montana’s two state banks ending June 30 show total resources and liabilities at 16,427,470.80 with deposits totaling 12,466,408.54 and capitalization of 1,650,000. Cash on hand stands at 2,190,583.90 while loans and discounts reach 8,679,400.24.
U L Moffett of Billings says Bell Co purchase of Wyoming lines will not affect Red Lodge exchange soon. He recalls a 12 dollar wiring deal, retains Cody line, and plans to buy back gear. The move strengthens the system, boosts stock value 10 to 15 percent, and prompts rapid Absarokee extension and Clarke Fork valley expansion.
Miles City on Sunday will host a Dakota baseball visit after Dickinson accepted an offer to play. The Forsyth game collapsed for lack of players. A double header wrestling match features H A Robinson of St Paul, G A Gilbertson of Kalispell, Whit Terrell of Wibaux, and Jack Andrews of Mason City Iowa.
Butte to Anaconda and Westbound connections listed for B A P lines with departure times 7:00, 1:00, 5:00 p.m. from Butte and arrivals at Anaconda 7:55, 1:55, 9:00 p.m. Connection options include Northern Pacific at Durant, Great Northern at Butte, and Oregon Short Line at Silver Bow. Tickets available at 41 Main Street Butte and station offices.
An extraordinary notice advertises Mrs Dr Edwards a renowned clairvoyant offering readings of past present and future. It claims she can reveal courtship marriage divorce sickness employment luck and true lovers with full names and immediate results. Orders filed by Peter Resk at 3847 E Mercury.
In Tucson on July 31 a private car from the Southern Pacific Tucson Yuma division carrying Superintendent Brouse, Eps Randolph, Eugene Ives, and McFarland collided with a yard engine in the Naco yards. Mrs Sroufe suffered serious back injuries, Sroufe was badly cut, McParland sustained head contusions and eye injury. Mrs Stoufe remains in serious condition, paralyzed from shock.
Hustling salesmen advertise Burbank plum Maynard and a full line of nursery stock with weekly cash advances. They call for quick reply to secure territory as the state campaign unfolds with Senator and Col Myron T. Herrick likely to stump the state jointly.
A large blaze in Hobart on Kiowa-Comanche land destroyed four blocks of business buildings including Citizens' Bank. The damage is estimated at 100000 dollars. Six people were injured fighting the flames. A. W. Kerr of Terry Kerr Dry Goods died of injuries. Four men and a woman were arrested for starting the fire.
Senator Hanna arrived in Cleveland from Newport to attend a major meeting of the Consolidated Street Railway directors. He is expected to devote much of the next month to preparatory work for the project.
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