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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 27, 1916
Page
10
The board of Anaconda Copper Mining declared a regular quarterly dividend of $2 per share, payable Feb. 28 to holders of record Jan. 30, the third $2 dividend of the year. The note discusses earnings, assets, and stock price trends alongside conservative financial policy.
Chicago markets show wheat retreat after Germany’s note to Wilson. May at 1.685, July 1.385. Corn and oats slip while provisions rise modestly. Traders wary on ceasefire, with hopes of improved foreign demand and limited exports shaping activity. Market strength later fades as Berlin developments temper gains.
Chicago livestock figures show hogs strong with 26 000 receipts and cattle and sheep firm. Hogs bulk around 10 4 to 10 60, cattle 11 76, western stockers 5 20 to 8 15, lambs 11 25 to 13 45. Seattle receipts 2 31 hogs, cattle market firm on all lines. Senator Reed visit to Holden anticipated but delayed. crowd cheered, band played, no meeting occurred.
The market showed the lightest trading in weeks as traders take a vacation through New Year’s. After January payments of interest and dividends, activity is expected to pick up and a stronger market to return. Leaders like Anaconda, Butte & Superior, American Inland, Inspiration, China, Kennecott, and Utah Copper opened and moved across ranges with varied closes. Minnesota grain and New York mercantile prices reflected firmer or steady tones as investors awaited post holiday action, with notable shifts in wheat, corn, and oats and a general sense of cautiousness amid light activity.
A garbled list details numerous transfers including parcels in Lenox and Atherton places, Floral Park, Columbia, and Silver Bow Park additions. Transactions include parcels, half lots, and various blocks with nominal sums like $1, plus one $10 entry. Also notes a United States patent to North Butte Mining and a partial interest sale in Silver Bow Park.
Salt Lake City reports a $1,000 reward for the man or men who planted an infernal machine at Governor Spry's residence and $500 for others connected. Police search six Swedes including Exelius and Erickson suspects after a nitroglycerin device was found near Spry’s home. An earlier blast at James F Jennings’ home prompted citywide panic and added rewards for information.
Wall Street trading focused on Mexico peace prospects. Shares rallied on reports of potential U.S.-Mexico agreement, led by shipping and munition issues. United States Steel moved within a tight range, closing up, while bonds showed minor activity as traders weighed European negotiations and U.S. policy signals.
The text explains platinum's value in bulbs due to its expansion and contraction with heat and cold, letting the wire pass through glass without cracking. It notes platinum’s suitability for the bulb spot, contrasting with other metals that would break the glass.
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