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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 06, 1901
Page
13
The New York markets show a reversal after yesterday’s rise as professional traders realize gains. Bank reserves and money market tension curb speculative commitments while overall stock prices slip. government disbursements and bond redemptions factor into cautious trading.
The note asserts ownership of the largest private wire network in the U.S. and outlines a project to extend a direct copper line from Minneapolis to Anaconda Butte Helena Great Falls Livingston Bozeman Billings and Miles City, linking major Montana hubs.
London copper and tin prices move modestly as copper rebounds in London, futures and spot mixed. New York markets show steady but subdued demand with lead and spelter unchanged. iron remains firm with regional foundry quotes and tolls.
The Commercial Advertiser's London fineral cablegram notes Bear covering spurring a broad stock market rally. Consols rise to 2 percent, American shares steady, copper up to £58 a ton, and Ro Tintos gain on Amalgamated Copper supply rumors. Silver advances to 25 16, Paris exchange at 25 percent.
New York markets saw intense buying in wheat and corn with strong outside orders. Wheat May futures hit a new high for the year while corn climbed beyond any level since 1892, driven by an uproar in prices before profit taking reduced the advance to mid day.
Chicago December 5 report shows heavy bull activity with record grain prices and huge profits for sellers. Wheat demand remains strong yet prices hold, as speculative buying floods the floor, galleries, and seating with visiting stockmen.
Traders reported a bullish session led by corn with May futures hitting new highs and cash demand lively. Wheat and oats showed heavy buying from commission houses as shippers and country buyers pushed prices up while profits were taken on some contracts. Provisions stayed firm due to light hog receipts and grain strength.
A dense list of rental notices across Butte and Anaconda from numerous listings. Furnished rooms with heat and housekeeping options, flats and houses for rent, and related services scattered through addresses on Park Street Idaho Crescent Dakota and other streets. Includes ads for cleaning, tinware, and professional services.
Prices show flour and wheat firm with No 3 spring at 44 cents, No 2 red at 2 cents, oats at 6.05 cents, No 2 white at 484.048 cents, rye and flaxseed near areas, and prime timothy seed at 6.40 to 6.50 dollars. Pork, lard, ribs, and boxed cuts listed with various tonnage and regional notes. butter, eggs, cheese, and dairy products marked firm with creamed butter at 22 cents and fresh eggs at Je.
Chicago livestock market report shows cattle receipts at 9,000 with steady to strong demand and varied prices for steers, cows, heifers, calves and bulls. Hogs receipts at 0. million with market active and higher prices. sheep and lambs receipts at 14,000 with lambs higher and varying values for wethers and a mix of fine, mixed and western offerings.
Omaha markets show cattle receipts at 13 000 with prices 10e higher. Native beer steers 5 5006 50, western steers 5005 40, Texas steers 3900 41. Cows and heifers 204 1 4, calves 245 0, hogs receipts 12 000 with mixed 646 20 and heavy 6 50 6 6 bull. Sheep receipts 1 40 and market active stronger with native lambs 本 3 0 5
Kansas City market notes cattle receipts at 40 with higher prices. Texas steers about 401.8 dollars, native steers around 6.40 per cwt, hog receipts 22,000 with bulk sold 5.75 to 6.20, packers around 6.10, sheep receipts 1,000 with lambs at 4.45 to 4.85 and muttons at 3.45 to 3.75.
Washington treasury statement shows available cash balance of 104,010,121 dollars and gold holdings totaling 110,090,78 dollars as of today December 5. The figures reflect the government’s cash position and gold reserve.
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