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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 31, 1917
Page
9
Market slumped as selling intensified on eastern exchanges with no backing to support prices. Steel, copper, and rails fell while business closed at noon and traders rushed to liquidate holdings. Portland livestock prices remained steady with hogs and cattle showing modest gains amid varied offerings.
In New York on August 30 copper spot and futures for September and Q4 sit around 24 26 cents. Iron remains steady. Tin spot at 61.75 cents, lead steady at 104.60 cents, spelter steady with East St. Louis delivery at 7 8e.
Floral Park residents back a special improvement district to fund grading curbing parking and crosswalks with an estimated total cost over 871000. The plan covers grading 2512.60 and sidewalks 40215.31 with assessments about 0.0211 per square foot and a five year completion timeline. Hearings set for September 18 at 2 PM to hear protests and finalize the district creation.
Chicago buyers pushed corn futures higher to close near session highs as oats led gains amid renewed cash demand and light country offerings. Trading noted 25 000 bushels sold with short covering aiding oats while wheat moved up on light receipts and expectations of a government price announcement.
Hogs receipts 7 000 market up about 25 cents from yesterday top 18 50 bulk 17 25 to 18 35 light 16 60 to 18 45 mixed 16 60 to 18 50 heavy 16 60 to 18 50 rough 16 60 to 16 85 pigs 12 16 to 16 25 cattle receipts 8 000 market steady native beef cattle 8 20 to 16 50 western steers 7 13 50 stockers and feeders 6 9 25 cows and heifers 4 65 to 13 15 calves 12 16 sheep receipts 6 000 market steady to higher wethers 7 90 to 11 25 lambs 11 to 17 25.
Wheat prices close a fraction higher with corn steady as of Aug 30 in Minneapolis. Receipts show 396 cars vs 241 a year earlier. cash wheat bids quoted for various classes with No 2 northern around 2.30 to 2.85 and No 3 yellow corn at 1.89 to 1.90. Flour and byproduct quotes move lower with shipments listed and other grains including oats flax and rye noted.
Chicago August 30 Butter Receipts 19 493 tubs Market unchanged Creamery 88 41/2c Eggs Receipts 9 485 cases Market lower Firsts 86 38 1/2c ordinary firsts 84 34c at mark cases included 33 36c
New York on August 30 reports mercantile paper at 4 1/2 percent and 4 3/4 percent. Sterling sixty day bills quoted at 472 and commercial sixty day bills on banks at 4711/4.
Special Dispatch reports Seattle receipts with cattle at 116 while hogs and sheep rise and cattle hold to yesterday's quotes. New York sugar markets show steady centrifugal sugar at 7.02 cents with refined around 8.40 to 8.50 cents as many sugar houses close and business remains light.
A lobby scene unfolds as a grouchy man clashes with a smiling clerk over a room key. The key mix up triggers tense exchanges before a bellboy resolves the confusion and the lobby settles back into ordinary chatter. The encounter highlights transient visitors and a monthly return by the man with a grouch.
Stocks fell violently in a short session as traders capitalized on the half holiday to push prices lower. Industrials led declines with U S Steel and Bethlehem Steel heavy, while gains were absent and bond activity softened late in the day.
A brief note mentions American Beet Sugar and CAN serees Smelting and Refining with vague telephone reference. No clear events or details are provided.
A garbled OCR fragment lists numeric values and percentages across multiple lines with no coherent context. It mentions shares, prices, and rates but lacks identifiable entities or a narrative to confirm meaning or outcome.
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