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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 20, 1909
Page
5
Copper market optimism grows as exploration yields promising signs in recent drill holes. George Walker of Boston reports strong demand and rising prices with potential dividends. Copper stocks rise amid renewed mining interest and speculation about future profitability.
A garbled report notes an earthquake near Hawthauai Dayton Washington with mention of a vibration disturbance and a machine shop adjacent to a Western Electric company location at 102 East Park. The text is fragmented and unclear but cites a quake impact and nearby industry.
A millionaire propounds that Great Falls real estate holds higher prospects than Seattle or Spokane. He notes Montana towns will surge, advising buyers to avoid selling now as prices may rise steeply. Townsite offers are at one third original invoice with the balance in two annual payments. For details contact National Mining and Investment Company in Butte, or Wellcome & Peckover Co. in Anaconda.
Special Dispatch outlines preparations for the Day Farm Meet exhibit at the Cheary farm Congress. Gardner coordinates collection and display of forage, grains, oils, and vegetables, with plans for a tall four foot high wall display, false ceiling, shelves, bunting, and electric accents to showcase county products and machinery once ready in early October.
Bearish wheat turn weighs on Chicago market as spring weather aids harvests. Prices slide across wheat and corn while oats weaken after strength in grains. Provisions rise on tightening pork stocks with notable moves in September futures.
Prices of stocks keep drifting lower with the market showing weak sentiment at key exchanges. Analysts note persistent selling pressure, liquidity concerns, and cautious trading across mining and industrial shares as futures hint at further declines without fresh bullish catalysts.
Belgrade reports show the Gallatin county sheriff’s office handling a surge of petty cases. Liskummer, Bowmen, and Gardi ner pleaded to charges from last week. fines totaled 230 dollars, with serving sentences in county jail. Hobo Anola and others face varying sentences for disorderly conduct and concealed weapons. Insane inmate Gatri ordered William Johnson committed to Warm Springs after intoxication and delusions of decapitation.
Special dispatch from Llandird reports the Montana Dumbermen association convention will be held in Trewletown on September 2 with 100 to 130 delegates. President J I Tate is coordinating arrangements. Delegates arrive September 1 for a reception at the Judith club, followed by a business session the next day and a tour by auto to the city suburbs ending at the fair grounds.
Fergus Land Wall special dispatch from Fergus, Aug 11, notes a busy week for big ranch purchases. Air Penwell of Helena spent $100,000 on a Mason tract, while eastern investors bought about 2,000 acres of the Mason tract near Little Rock Creek and a Wisconsin investor paid $25 an acre for 1,000 acres of the Branger tract in the same locality.
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