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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 24, 1920
Page
10
Wheat advanced sharply on rising export sales and farm relief progress, aided by stock market strength. March and May futures rose to about 1.66 and 1.62 dollars, with corn, oats, and provisions also edging higher amid renewed demand and stronger breadstuffs outlook.
Chicago cattle receipts rise with higher bids and mixed sales across classes. Hog and sheep receipts show active demand with gains in prices, while Spokane market remains steady for hogs and reports no cattle or sheep receipts. Metal markets in New York show tin easing and zinc steady with other metals unchanged. Silver remains unchanged with Mexican dollars steady.
A steady broad advance on the New York Stock Exchange lifted prices 1 to 6 points with heavy short covering. Oils, shippings, steels, sugars and related issues led the gains while rails rose 1 to 3 points. Totals showed 1,100,000 shares traded and total par value sales at 24,875,000 with copper and rubber stocks weaker on dividend news.
The Wil lard mine in Warm Springs near Clancy prepares for winter work with repairs to camp buildings completed and machinery being installed under Joseph Laich for the Jefferson and Teton Mining company funded by Helena capitalists. A new compressor arrives for Mount Washington, with ore ready to be milled, while Yellow Pine faces closure from low lead and zinc prices. International notes report Senor Hilary Lazova forming an 8,000,000 peso syndicate to build a Guanacevi silver smelting plant in Durango, Mexico, attracting American mining veterans back to the district. Germany’s return as a copper buyer is discussed, highlighting cost comparisons, labor rates, and the impact of currency values on trade and metal shipments.
Short sellers provided buying pressure as United States Steel led a broad rally, while Inspiration tumbled after ex-dividend. Tariff bill prospects fueled bears to cover and bulls to buy, with rails gaining and Canadian funds showing varied moves. Anaconda directors plan a meeting next Tuesday as market sentiment stays volatile and stocks trade near cash buy points.
Minneapolis grain markets show cash wheat bids with December and January futures listed. Prices include No 2 red winter at around 1.60 to 1.70 and Sommer contracts. shipments total 65 652 hundredweight with grain values near 26028 dollars amid steady activity in December.
A Anaconda News report outlines St Pauls church Christmas services with nine masses in three series. The first series at 4 00 5 00 and 5 30, the second at 7 00 7 30 and 8 00, the third at 9 30 10 00 and 10 30. The first and last masses are high masses with choir music directed by Frank Provost and a sermon by Rev J Lehane of Mount St Charles college. Confessions are scheduled 10 00 11 00 am 2 00 6 00 pm and 7 00 pm until finished.
Sheriff-elect Beal named his deputies in Anaconda last night. They are J. T. A. Keme undersheriff Russell Osacura deputy Ed Rough. McKelvie worked at Fears in Stages store and in the smelter. Trussell Sebourne, longtime Anaconda resident, enlisted early in the war and rose to second lieutenant. Krough has engaged in many community activities. Beal will start duties a week from Monday.
The Salvation Army of Anaconda announces no Christmas tree this year. The focus shifts to baskets for the poor containing food and fruit for children. Captain McDonald cites strong last minute contributions and widespread support for practical aid over a holiday display.
Fire Chief Collins issued a final public warning before Yuletide festivities. He warned that Christmas decorations are highly flammable and urged careful use of candles. He cautioned that lighted candles should not be placed on trees.
Alumni of Anaconda high school begin practice for a basketball game against the regular high school team. The alumni boast fine players and aim to challenge the varsity. If arrangements succeed, the game would be played next Friday evening on New Year’s Eve.
Southern Cross citizens and children joined a Christmas celebration in an old fashioned district-school style program. Santa Claus distributed gifts after the tree lights, while students from primary to high grades performed recitations songs and a Christmas pageant. Special trains on the B A and P railroad run Dec 25 with multiple departures between Anaconda and Butte.
The annual Christmas festival of the Swedish Lutheran Sunday school will be held tomorrow evening at 7 o'clock in the church. Children should arrive at 1 30 for a rehearsal of the program on Saturday.
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