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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 25, 1901
Page
3
The World’s Marker records a mixed session with sugar leading losses on large liquidations while copper gains supported by London trading. Traders anticipated holiday call money demand and a cautious market mood dominated by professional activity, ending with a firmer close despite earlier declines.
New York on December 4 reported money on call at 24.48 percent with minimal movement in sterling exchange. Actual banker’s tills showed scarce access funds and posted rates for commercial lillus and other instruments, while government and state bonds remained irregular and inactive in the market.
London tin closes with a gain of £2 5s as copper and tin rise abroad. New York spot tin at 23.90 to 23.65 cents. London copper up £1 1s. local copper steady. Electrolytic tin 12 ½ c, casting 12 ¾ c. Lead and spelter mixed. iron dull. European markets steady. Steel and foundry price ranges listed for various grades. Silver price noted as London market.
New York reports a muted opening as South African reverses weighed on trade. By close, a brighter mood appeared on British success rumors. Christmas holidays caused little activity with minimal business in the American department. Money rates stayed unchanged.
Kansas City cattle receipts 340 steady market. Texas steers 92.76, native steers 4.75 to 6.50, natives cows and heifers 2.50. Stockers and feeders 2.7 to 4.25, bulls 2.25 to 4.25. Hog receipts 11,000 up. bulk sales 5.75 to 6.40, heavy 6.50 to 6.65, packers 6.10 to 6.75, mixed 5.25 to 6.30, pigs 4.45 to 5. The sheep market receipts 500 and strong. Lambs 4.50 to 5.35, muttons 4.25.
Chicago cattle receipts reach 3 500 with active to strong demand for primes up to 6 2597 10 and cows heifers canners and bulls trading at varied quotes. Texas fed steers noted at 4 0a5 with mixed heavy offerings and similar movement seen in hogs and sheep with mixed prices and steady to higher bids across categories.
London trading closes with Anaconda at 5 percent and Atchison around 7 percent. Canadian Pacific hits 16, Denver & Rio Grande 44 percent with preferred at Wig 61 percent. Northern Pacific preferred 102, Union Pacific 104 with preferred at 91. Bar silver steady near 2 1 2 per ounce and money rate at 34 44 percent.
Chicago reports 11 year old Arthur Egan who saved 23 lives in Lake Michigan has been decorated by King Edward VII. He receives a gold medal from the Royal Humane Society for heroism and is noted as the first U S resident to receive the honor. He is a British subject born in Canada.
In Portland on December 24 Jace Wade and William Dalton were sentenced to be hanged on January 31 for the November 17 murder of James B. Morrow. They held up young Morrow and shot him, mistaking him for someone else.
Eighty seven turkeys were distributed to White House staff with season's compliments from the president. The Roosevelts plan a low key Christmas with stockings gifts, a library gathering, and visiting relatives. President Roosevelt may take a Potomac cruise if weather permits and Theodore Jr plans a hunting trip with Dr. Rixey.
Special Correspondence of the Standard from Dillon reports the first carload of ore from the Ajax mine in the Big Hole basin valued at 886.60 and shipped to Omaha after 80 miles of team and wagon haul. Also noted are cattle shipments, a new school district hearing, and Beaverhead county finances with a net indebtedness of 53,082.59 and bonded debt of 110,900.
The New York Sun notes growing interest in ballooning among armies with Russia maintaining balloon parks and sections near major fortifications. It outlines staffing, summer operation limits, and the training sequence for observers to master map work and battlefield reconnaissance.
A fashion excerpt discusses the tea gown as a complete, detail-focused attire not merely a Paris imitation. It notes that some women, the ordinary tailor-made kind, cannot successfully wear this style.
A fashion discussion contrasts tea gowns with Paris models and emphasizes Southern and Oriental influences. It highlights empire lines, Corsets, Watteau silhouettes, and Japanese shapes for outdoor and tea wear, urging careful color choice, softened lines, and modest definition to flatter individual coloring.
A discussion on the spelling Alfred and its Anglo Saxon roots. The piece argues the king’s name was written Aelfred in his time and pronounced as current Alfred, condemns the misleading modern form, and favors Alfred as standard for English usage citing classical authors.
A compilation of housing rents for various rooms and houses on Caledonia, W Granite, Main and vicinity plus sale prices and terms. Also business property for sale near Park and Main, store and residence listings in Butte and Stevensville with cleaning and dye services and a midwife notice. Local agencies include Butte firms Globe Store Misoula Chapman & Gowan and estate brokers.
Akron Ohio December 24 Andrew Carnegie proposes a $70 000 gift to establish a free public library in Akron with the city to guarantee $7 000 annually for maintenance. The proposal appears likely to be accepted by the city officials.
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