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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 22, 1917
Page
12
Peace talk eased the opening of eastern markets with many leading stocks slipping while some recoveries followed before the close. Copper issues are inactive awaiting settlement. England may consider papal proposals while Russia rejects them. Larger interests likely stay out until price fixing is clarified. Silver gains bolster Anaconda and American Smelters.
Chicago reports firmness in corn early due to depleted holdings, later restricted by selling. Wheat closes steady at 2.19 per bushel, oats up and down, provisions firm with hog prices aiding buying. Weather in the corn states generally favorable with rains. cash demand steady to better. federal price announcement pending Sept 1.
A garbled OCR fragment lists mixed tokens and sums such as 81 75 No 4 yellow and various names with dollar-like amounts including 7441.75 and Timothy 4.50. The text reads like a financial or inventory record with unclear context and inconsistent formatting.
Hog receipts 7000 with strong market. best hogs top 26 dollars, bulk 18.75 to 19.50, light 18% to 19.80, mixed 18.10 to 19.85, heavy 17.85 to 19.70. pigs 130 to 217.25. Cattle receipts 1,000. market weak. Native beef cattle 7.90 to 15, western steers 6.85 to 12.30, stockers 6.49 to 10.10, cows and heifers 4.40 to 12.40, calves 10.50 to 14.76. Sheep receipts 4,000. market strange with wethers 7.75 to 11, lambs 10 to 16.50.
Minneapolis reports wheat gains for September contracts closing 4 decr higher while corn weakens. Strong receipts of 2340 cars versus 276 a year ago. Cash grain prices show No 1 northern at 2.40 to 2.45, No 2 northern 2.35 to 2.40, No 3 northern 2.23 to 2.35, durum 1.90 to 2. No 3 yellow corn 1.64 to 1.66, oats 3 white 1.16 to 2. Flax 2.40 to 3.45. Shipments 59,420 barrels. Nye 1.68 to 1.69. Barley 1.01 to 1.26. Bran 0.30.
New York Aug 21 Mercantile paper rates range 4445 percent. Sterling bills for 60 days quoted 472 and commercial 60 day bills 471 and 4714. Demand 475 9-16 cables 476 7-16. Mranes demand 578 cables 577. Guilders demand 41 1 2 percent cables 41 1 5 16. Lire 74314 cables 742 percent. Tables demand 20 percent cables 21 percent. Bar silver 84 4e Mexican dollars 68 4 percent. Government bonds steady railroad bonds easy. Time loans easier 60 days 4 4 percent 90 days 4 4 percent 6 months 4 5 percent. Call money steady high 3 percent low 2 percent ruling 24 percent closing bid 142 percent offered 2 percent last Joan 2 percent.
New York August 21 copper dull electrolytic spot and nearby nominal September and fourth quarter at 25 21c iron firm and unchanged metal exchange quotes tin steady spot 61 75 to 62 25c lead quiet spot 10 111c spelter easy spot East St Louis delivery 25 2 46c
New York on Aug 21 reports raw sugar values firm at 7.39 cents per pound for centrifugal grade while refined and confectioners continually move within narrow ranges. Molasses and powdered forms show small declines or steadiness with several grades touching 8.3 to 9.75 cents. Continuous price shifts reflect market volatility across sugar types and processing products.
Portland Aug 21 hogs market steady with receipts 1338 cattle steady receipts 113 sheep steady receipts 2 mainsprings $1 Mayer the lowest priced jeweler in Montana 21 West Park
Salt Lake authority aims to restore silver to old parity with gold within six to eighteen months to pay public debt. William H. Child circular from Salt Lake cites a global shift over the past year, noting rising silver prices may reach 1.29 per ounce as silver regains money value and is restored from its prior destruction as money metal.
Fire believed caused by friction from brace timbers gutted the Coronado mine of the Arizona Copper company at Clifton. It is one of three main shafts. Damage estimated at 125000 dollars. Operators said no suspicion of incendiarism.
Washington confirms John W. Garrett of Baltimore as minister to the Netherlands and Luxembourg by President Wilson. He succeeds Dr. Henry A. Van Dyke who resigned earlier.
The market faced broad declines as government policy toward coal roads and producers, and urgent needs of equipment and munition firms weighed on sentiment. Major rails and industrials fell, with Bethlehem Steel leading losses, while oils and copper showed some strength. Total volume about 528,000 shares as bonds and call money trends shifted amid institutional loan calls.
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