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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 10, 1913
Page
10
State Savings Bank of Butte announces four per cent interest on savings and time deposits. Savings accounts open from $1. Monday evenings from 7 to 8 30. Transacts a general banking business.
Chicago markets report mixed gains and easy cables due to wintry weather. Wheat and corn fluctuated with oats and pork futures largely unchanged. hogs receipts reached 28,000 while cattle receipts stood at 7,000 with varied prices across classes.
Copper steady in New York with limited quotes for electrolytic and refined contracts. Tin weak with spot and December prices around 1240 and January to March dates. Lead prices ease near 380 to 405. Spelter soft, London prices quoted around £17 12s and £21 28s 6d.
New York money on call 5416 percent with bids at 66 percent. Time loans firmer at 5 to 6 days and 6 months 4 to 6 percent. Prime mercantile paper 4546 percent. Sterling weak at 4 percent for days and 485 30 for demand. Government bonds strong, railroad bonds easy. Portland cattle receipts and market firm with prime steers 7048, chokes 1.0007.75, medium steers 37.00, choice cows 086.50, heifers 406.85, calves 09 to heavy 807.7, bulls 56. Hogs receipts 0, market steady. Sheep receipts 00, market firm with wethers 409, ewes 2004, lambs 1 6. Governor Major leaves for Washington to urge federal highway aid measures.
New Haven at new minimum as declines hit a wide range of major issues. New Haven fell nearly five points to its lowest price, with New York Central and American Sugar down about three points. Canadian Pacific shed four points while bond prices eased. Total sales reached about 2,400 shares as money remained firm and speculative call loans rose to 6 percent.
Amid mixed signals the copper sector remained in demand while fears about dividends weighed on New England stocks. The market saw selling in Sugar, Phone and New Haven with New Haven hitting a record low, even as copper shares held firm. Canadian Pacific and other securities faced pressure, and analysts noted possible dividend suspensions and broader economic uncertainty influencing investment decisions.
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