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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 28, 1920
Page
8
The market shows a softer wheat tone as foreign demand eases despite cutback in cash rates. March futures ease with lower bids while receipts and shipments vary. corn and other grains hold uncertain downside. Prices for No 2 red winter and related cereals drift, with traders watching international demand and domestic supplies.
New York stocks saw persistent thin demand with professional shorts pushing prices down. Trading volume hovered around 700,000 shares as declines spread across steel, railway, oil, and copper sectors while western centers showed fleeting optimism.
The market shows fear and little real business with prices pressured lower while observers note mixed signals. Rail stocks dip on policy concerns as Illinois Central borrows to cover due government shortfalls. Anaconda expectation of year-end dividend boosts mood. Federal reserve reserves hold steady, and Wall Street sentiment splits between bearish consensus and belief that much is already discounted. United States begins Britain talks as beer consumption falls, prompting wartime fiscal measures.
Maj. H. G. Wilson, agent for the Slackfeet reserve, refutes claims that natives lack food. He says supplies this year nearly doubled past records, with Indian rationing on Blackfort and more than enough to last another winter. He notes 700 Natives are rationed now with 809 expected, storms bringing more, and asserts feeding conditions exceed those of many white residents.
Lewistown reports the 56 Petroleum unit syndicate paid a first dividend on Montana production. Joe Baker of Miles City organized the group, which swiftly completed a well and shipped oil via Frantzer Elk basin facilities. The firm also drilled additional wells from its holdings. Local notes mention Big Lehman plans fishing for tools, geologist George Fowler returning from Casper and the Cat Creek field, plus Elks club providing Christmas entertainment for about 20 local children before sending them home with treats.
Great Falls dispatch reports Blaine county officials failed to file notices of seed liens with elevator firms. Farmers who borrowed from the county may lose funds as many have moved away with crop proceeds, while elevator managers face scrutiny by county commissioners. Mike Swiggum, arrested for a Sweet Grass area murder, is discharged after a preliminary hearing. Swiggum’s defense cited lack of evidence.
Cattle receipts 15 000 in Chicago with steer, feeder and stocker activity. Prices show early gains, cattle and bulls steady to strong with canners low. Sheep receipts 10 000 with fat lambs and yearlings prominent. upper-grade western lambs and yearlings command higher prices. Spokane and Omaha listings show mixed cattle and hogs with steady to firm tones and some gains in fat cattle.
The Eastern Star at Stevensville elected and appointed officers for the coming year at the last regular meeting. Named were W M Price Higgins W P Annie Lockridge A M secretary Yosie Wells treasurer Florence Foust and others. A joint meeting with the Masonic fraternity will install officers on Dec 30.
Bonita Montana on December 27 reports a Christmas entertainment held at the New Bonita store. The school program featured plays recitations singing and piano solos followed by dancing and a luncheon after midnight. Attendees included youths from Learmouth Clinton Nimrod Missoula Potomac Bonner and nearby towns.
Great Falls December 27 Action by the Power City Sun club requests the next legislature to pass a four year closed season on grouse prairie chickens saga hens partridges and other upland game birds. It also seeks a bear tapping prohibition and an open season on mountain sheep and goats plus rifle and ammunition limits and deputy wardens appointment following sport clubs recommendations.
Great Falls December 21 authorities report no statement from Ralph Burgess about the shooting of her husband Cut Bank last Monday. Mrs Burgess charged with first degree assault pleads not guilty and bonds set at 2000. Burgess improving in Conrad hospital. Indians on the Flathead reservation arrested on slaughtering beat charges. four men detained for federal grand jury action.
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