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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 11, 1918
Page
12
Wire trouble limits information as steel gains a point and the market holds steady amid widespread trading sluggishness. Copper and steel fluctuate narrowly while mining stocks stay quiet. optimism rises on anticipated railway actions and labor news.
London reports show kar silver at 45 percent per ounce and discount rates for short and three month bills at 3.31-32 and 4.1-32 percent respectively. Chicago markets note grain bear on price after peace news, corn unsettled around 1.27 for January and 1.241.25 for May, oats down, provisions up on peace hopes.
Stocks rose late on the New York Exchange as steels and related industries led gains of one to three points amid heavy turnover of 425000 shares. United States Steel surged about 24 points from a low, while rails and other sectors lagged. fuel shortages weighed on some plants and dividend rumors buoyed oils and motors. Total par value traded was 4.456 million with mixed end results across issues.
Mercantile paper and percent rates shown for FGWH and other bills. Sterling sixety day bills quoted at 472. Commercial 60 day bills on banks at 471. Demand at 475, cables 476 7 16. Francs demand 473, cables 571. Guilders demand 42 cables 43. Ta te demand 842 cables 841. Rubles demand 12 cables 12. Silver 90 e, Mexican dollars 7 ace. Time loans easier at 64 75% and 0 days and 6 months 64 75. Call money easier, high 4 percent, low 3 percent, closing bid 3 9 1/2, offered 4 percent. Last loan 4 percent.
New York report states lead futures firm on January 10 with spot prices at 6.75 a ton and spelter steady. East St Louis spot quotes also noted, reflecting a stable metal market tone for the day.
Hogs receipts reach 60 000 with slow market and price declines from yesterday s average. Bulk hogs 16 16 1 2 per cwt light 15 70 16 40 mixed 16 80 18 50 heavy 15 80 16 50 calves 8 7 16 0 Cattle receipts 27 000 with weak market native steers 8 10 13 85 stockers 6 80 10 85 cows 5 75 11 75 calves 8 75 16 She ep receipts 15 000 with weak market wethers 9 75 13 35 lambs 14 17 75.
Cattle market steady with 109 receipts. Steers range 9.65 to 10.25 for medium to choice, cows and heifers 5.75 to 7.60, canners 3.8 to 8.25, calves 7 to 10, stockers 6 to 8. Hogs steady with 674 receipts. Prime lights 15.45 to 15.60, primes 15.50 to 15.65, pigs 13.50 to 14, bulk 15.45 to 15.60. Sheep steady with 775 receipts. Western lambs 14.50 to 15, valley lambs 14 to 14.25, yearlings 12.50 to 13, wethers 12.4 to 12.50, ewes 9.50 to 10, shorn sheep 2.96 to 3.00 under quotations.
Minneapolis market summary dated January 10 notes wheat receipts at 124 cars down from last year 124 vs 24? Corn No 3 yellow quoted 1.65 to 1.68 Oats No 3 white 0.78 to 0.94 flax 3.56 to 3.59 45 flour was unchanged shipments 409 barrels barley 1.31 to 1.57 rye 1.84 to 1.85 bran 0.83 to 2.50.
Chicago reports dairy trade figures with Butter-Lower Creamery totaling 1 655 cases including Firsts at 58 60c ordinary Firsts 54 57%4c at mark and refrigerator Extras 43% 44 per case. Names and precise data points are partially obscured but indicate mixes of butter and creamery product listings.
New York markets report raw sugar steady at 6,005 cents per unit for centrifugal and nominal molasses values. Refined fine granulated sugar holds at 7.48 cents.
The shortage of wool and rising army demand will force major shifts in men’s attire. Cuffs on trousers will be tabooed, belts on plaited coats eliminated, and lapels narrowed. Coats and pockets will be redesigned to save fabric wherever possible.
A detailed account from Murren describes interned French and English soldiers benefiting from free dental care by Mr. Woods, who left Liverpool to perform gratuitous work in Switzerland. The report covers facilities at Palace hotel, Y M C A hut, entertainment by interned performers, charitable wife visits, and Christmas events amid harsh winter duties and forced labor reminders for German POWs.
In Murren I became editor of the B I M and printer's manager while Lt. Hubbs led a civic Swiss mission. My first editorial praised Mr. J A Woods for tending British prisoners' teeth, detailing his brave arrival on August 17, 1916, to provide dental care despite obstacles and official duties.
New York City Bar Association adopted resolutions urging defeat of the proposed federal constitutional amendment establishing prohibition in its present form. It argues concurrent power to enforce by congress and the states creates jurisdictional confusion and calls for a substitute measure free of this issue.
The 1912 law set the flag’s 48 stars in six rows from the upper left, aligning each star with a state by its constitutional ratification order. The design preserves a fixed sequence as states joined.
The Barnes King Development company declares a dividend of 40000 dollars at 10 cents per share payable February 15 1918 to stockholders of record January 25 1913 Secretary John E Corette.
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