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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 06, 1911
Page
27
Traders show muted interest as President's message yields little market move. Wabash stock slumps to multi year lows while overall market weakens. Canadian Pacific and coal roads also slide amid earnings and reorganizational hopes.
An advertisement promises a safe small profit on savings with 4 percent interest. It notes principal accessible in ordinary times and requires only one dollar to open an account. It ends by inviting readers to read the bank's booklet.
Daly Bank and Trust Co of Butte established 1882 lists directors John G Morony John D Ryan Marcus Daly C C Swinborne R A Kunkel and officers John G Morony president John D Ryan vice president Rwinborne cashier R A Kunkel assistant cashier R W Place assistant cashier and describes general banking business issuing letters of credit and drafts payable in the United States and foreign countries. The notice solicits business and emphasizes conservative banking.
Butte and Superior Copper Company invites holders of new ten dollar par stock to exchange old shares and authorize listing on the Boston Stock Exchange. The move aims to boost value by public listing, with exchanges expected early December to benefit all listed holders.
Boston reports steady values in foreign spot wool with demand for quarter blood grade. Fleece market shows firmer tone due to scarcity, while California and Texas wools are dull. Quotations list scoured basis prices across Texas California Oregon and eastern districts with varied staple qualities and blood classifications.
Money on call firm at 4 percent with ruling 4 percent. Time loans active at 4 percent for 60 days and 90 days. Six months at 4.34 percent. Close shows prime mercantile paper at 4.41 percent. Sterling exchange easy with bankers bills at 4.88 for 60 day bills and 4.86 for demand. Commercial bills amounting to 4,824 dollars.
At London on December 5 1023 bales were offered in the wool auction sales. The selection was superior and offerings sold quickly at firm prices amid spirited competition. Americans bought light merines and crossbreds.
Fay Templeton still under Shubert management as she plays Little Buttercup in the Pinafore revival on tour. A new opera, likely an import, will soon be provided.
Western and international experts gather in Chicago for the nineteenth annual irrigation congress. they discuss 12 million acres irrigated, 36 million more to irrigate, and 80 million swamp lands to reclaim. taft’s message and criticisms of bureaucracy mark opening remarks.
Chicago December market notes a near demoralization as wheat prices plunge amid massive advertising of grain for sale. May futures weaken to 8 1/2 cents, corn lows echo, cash grades slip, and pork, lard, and ribs slide with overall demand weakening despite favorable harvests in Argentina.
Employment and training notices appear for nursery sales in Butte and Los Angeles, including courses in horticulture and trades. Listings include nurse girl, hotel cook, and furniture buyers, plus market quotes for grains, cattle, hogs, and sheep from Chicago.
Multiple short sale notices list two runabout cars a piano incubator and brooders a pool table a restaurant space a confectionery store a frost proof warehouse storage and a horse team with harness buyers urged to inquire at various Butte addresses such as 722 South Washington 76 E. Park 603 Utah Ave and 28 E. Broadway Plus mentions in Anaconda and Corvallis Montana and services like vapor baths and dyeing amid misc advertisements.
Butter remains steady as receipts reach 2 059 cases with varying quality levels. Cream products including daisies and Wwasse show price stability around 28 to 30 cents for firsts and ordinary firsts. Cheese categories such as daisies, longhorns and other brands also hold firm.
New York reports weak standard copper with spot and December at 12.70. London prices ease with futures at £59 6s 3d. Arrivals total 2950 tons and exports reach 2850 tons for the month. Lead and spelter show varied quotes with New York bids around 4.35 for lead and 6.50 for spelter, while London figures trend lower.
Minneapolis market notes show December wheat at 1.00 and May at 1.04 to 1.08 percent, cash prices for No. 1 hard at about 1.02 to 1.08, No. 1 northern around 1.08, No. 2 northern near 1.08, No. 3 wheat near 1.02 to 1.08, barley around 0.60, corn lower, oats at 45 to 46 cents, and rye near 0.87 to 0.92.
The theatrical manager John Cort remains in New York busy with travel company management. He eyes Mrs. Leslie Carter in Two Women and Lawrance D’Orsay in The Earl of Pawtucket, plus new works by Rupert Hughes Lee Arthurs and Leo Ditrichstein. He aligns Authors Producing Company tours for The Gamblers and The Outsiders, and supports Northwestern Theatrical association interests.
Classified notices include rental ads for a seven room flat in Anaconda and various Butte locations, offices, stores, and a chicken ranch inquiry. Furniture sales, real estate loans, assortments of assayers, and a lost dog and handbag notice appear among the items.
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