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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Feb 07, 1901
Page
3
New York trading day shows extraordinary volume with almost two million shares traded as steel stocks lead a broad market rally. Reading first preferred advances on a dividend boost to 2 percent, while railroad bonds attract investor funds despite overall turbulence.
A dense listing of railroad and industrial names appears, with bond notes and coupon details interleaved. The entry includes tickers such as Pennsylvania Reading, Norfolk & Western, Union Pacific, Southern Pacific, and General Electric, followed by coupon values and bond notes, concluding with New York money market figures and bond strength assessments.
In New York on a February day, tin prices eased in London to £122, while locally trading remained heavy but steady. Copper held at 26.50 cents and 16.12 cents for casting, with lead dull at 4.37 cents per pound and pig iron warrants easing to 4.50. Bar silver quoted at a small amount as markets reflected cautious demand.
The Commercial Advertiser’s London cablegram reports a buoyant brisk US stock market led by Americans with Denver and Rio Grande and Wabash bonds drawing strong demand. Berlin purchases Canadian Pacific while Southern Pacific lingers. The bank bought 15 000 pounds in gold as the money market cooled with loan rates at 2 percent.
Special reports show wheat US and Canada east of the Rockies down 1 084 40 bushels while European demand adds 2 764 bushels and total supply up 1 416 000. Corn US and Canada east of the Rockies up 1 000 000. Oats east of the Rockies down 5 000. Portland and Tacoma Seattle wheat stocks rise 94 000 bushels.
Chicago February 6 opening in the wheat market showed a bearish mood as Liverpool declined yesterday and outside interests remained undeveloped. A liberal offering from commission houses and longs left the market with little demand and muted price action.
Gorman Bros and Carter's harp orchestra offer music furnished for all occasions. Butte classified ads list rentals and sales including a four room house with a one foot lot for 650 dollars, brick houses for sale, business lots, rental rooms, and real estate services by McMillan Floyd Case & Waldeck and Anaconda Real Estate. Also includes New York Life Insurance Co agency details and local agents.
Cattle receipts near Chicago show steers weak to lower, butchers’ stock steady to slightly down, Texans steady. good to prime steers around 576 dollars, medium types near 40 dollars, cows around 24 to 40 dollars, heifers near 26 to 40 dollars, canners down to 1.90 2.50, bulls 25.99 94.25, calves 46 to 61 dollars. Feeder and stocker groups mostly softer. Texas fed and guess steers listed with varied quotes. Sheep and lamb prices steady to lower, Western and native lambs quoted up to 54 dollars with lower lambs near 40 dollars. Receipts today about 42,000 cattle and 5,000 sheep. tomorrow estimated 3,000 cattle and 0 remaining, with active market and lower tone overall.
WANTED horses and cattle to winter, by W. C Siston of Anaconda Montana. WANTED to care for inquires at 1101 West Mercury in Butte.
The column lists cash quotations for spring wheat, red and white oats, rye, barley and flaxseed with various prices and a few corrections. It also shows receipts and shipments for flour and grains and ends with Washington treasury balances including available cash and gold holdings.
A collage of 19th century ads seeks agents for Victoria Queen biography and Quaker Bath Cabinet distribution in Montana with lucrative commissions and outfits. Also notes a complete life of Queen Victoria book offer with mailed outfit on receipt of funds. Cigar ads highlight German Cigar and Herman Wolf in Butte Wyoming.
San Francisco reports scattered notes on spring wools with references to Nevada Utah eastern Oregon valley Oregon and regional plains including San Joaquin and Humboldt districts. Fragmentary terms suggest wool markets or seasonal listings without clear figures or dates.
WEINBERG BROS. & EPSTEIN makers and dealers in ilk gowns skirts waists undergarments mail orders promptly attended to rooms 4 to 48 Owsley building Butte CARDER BROS wallpaper window glass room moulding and painters supplies 21 E. Quartz street Butte Telephone 14 DAVIDSON GROCERY CO Wholesale Grocers Coffee Roasters Silver Bow Coffee Mills Butte Mont Telephone 2 MONTANA DRUG CO Exclusive Jobbing House In Montana State agents CHAPMAN MATTRESS CO Wholesale makers excelsior bed springs cot mattresses 01 E Platinum st Butte
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