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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 26, 1909
Page
5
North Butte stock moves higher amid broad gains on the western mining market. Insiders remain cautious as Lake shares show liquidation pressure but North Lake and Worth Lake rebound, while Keating Gold drops on capital plans. Traders note Harriman's improving health and expect higher prices with selective buying.
The Standard discusses Great Falls growth with plans for water power, a federal building, a leading Montana hotel, and park lands. It lauds Senator Gibson's foresight to guide expansion, civil improvements, and a projected bright future as the city develops and diversifies.
Great Falls city lots offered for sale from now to Oct 1 at original valuation price with terms one third cash and balance in two annual payments. For information contact National Mining and Investment Co Butte Hamilton Street, or Wellcome & Peckover Co Anaconda 203 Main Street, and Eas Broadway, Butte.
British butte gold shipments surge as copper markets face oversupply. Analysts note higher production and steady consumption in the United States and Europe, with forecasts of modest price gains. Experts caution that stockpiles and export flows complicate the path to higher prices, while refiners project annual output near 1.29 billion pounds and domestic consumption around 700 million pounds.
The La Salle Copper company and the Manitou Manufacturing company held meetings in Ashburton Place and re elected directors including Alexander Agassiz Rudolph L Agassiz Francis Wy Hunnoewell Quincy A Shaw Janven MacNaughton and Courtney C Douglas. The La Salle shell had progressed 420 feet since the last report with the trestle finished and a substantial portion of the mill refurbished.
In Chicago Ava B market, weakness dominated most of the day with lighter demand and export activity. Prices firm late, grains near yesterday’s levels. corn, oats and wheat show declines then firming. beef and pork futures mixed as receipts rise and markets tighten. Weather in the Northwest remains favorable aiding corn and wheat trading. livestock receipts rise with overall market steady to higher on select classes.
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