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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 15, 1917
Page
12
Trading remained unsettled as peace rumors buoy some groups while price fixing news weighed on others. Industrials and rails fluctuated, steel and coal shed values, while tobacco and certain ores held firmer. bond and currency markets showed mixed signals as investors await Washington developments.
Chicago markets show corn prices advancing despite peace proposals as immediate supplies fade. Wheat trading nearly at a standstill with futures quiet while corn strengthens. Provisions drop, hogs reach new highs, cattle firm amid steady receipts. Copper and lead quotes steady as metal markets pause with dull trading.
Sinn Fein figure Walsh was released after a death sentence for participation in the rebellion was commuted to ten years penal servitude and amnesty granted as Sinn Fein clubs form in southern Ireland. Courts martial had sentenced Sinn Feiners from Clare and Galway to terms ranging from two years to three months for offenses against the anti-drilling order.
In Silver New York on August 14 the market lifted the price of bar silver to 88 1 8 cents per ounce, mounting seven eighths of a cent above last week's peak. The level marks the highest price for the metal in 40 to 80 years depending on the measure.
Washington August 14 plan for relieving the coal shortage in the Northwest was adopted at a conference. A unanimous resolution contemplates furnishing shippers who can ship to the East a 100 percent car service with the understanding to dispatch 0 percent of output to be reshipped to Northwestern territories. Daniel Willard chairing the advisory commission will carry the plan for final approval.
Washington reports a new wartime agricultural pact between the United States and Canada. Representatives with government authority reached an agreement to allow borers and harvest laborers from both countries to cross borders. The plan aims to fill labor shortages during the grain harvest season.
Madrid August 14 Spain is under martial law as cabinet meets to address disorder from a general strike led by railroad workers. Military authorities have full control and have halted disturbances. Some papers face non-union staff closures while assurances of protection are given. by noon Madrid was quiet though workers split between willingness to work and those seeking disruption.
Louie Ferrari a San Francisco bellboy was killed and a companion seriously injured when their automobile collided with a vehicle carrying Oregon National Guard soldiers returning to Camp Fremont at Mentro Park near Burling. No soldier injured and accident details were not fixed nor arrests made.
New York stocks opened higher then turned and fell on reports of a peace proposal from Home. Union and Bethlehem Steel showed swings while Lloyds and industrials faced selling. Liberty bonds remained strong as the market closed with modest gains though overall activity cooled. Congress to seek a new war loan of 3 to 4 billion dollars.
In the district court of Montana Hudson Gilchrist, bankrupt, petitions for final discharge. A hearing is set for August 24, 1917 in Butte, with interested parties invited to object. Judge George M. Bonsauin presiding. clerk HH. Walker attesting.
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