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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 27, 1916
Page
13
The New York Stock Exchange opened strong on hopes from United States Steel dividend news and a robust savings report. By noon prices fell amid short selling, with Marine bonds bucking the trend. overall market weakness returned in the final hour and total sales stood around par value.
Chicago markets show heavy profit taking as traders unload amid bullish cables and weather concerns. Wheat futures slump late session after earlier new high prices, with May around 3.95 and July near 1.28. Cattle and hogs meet mixed demand while corn and oats fluctuate, and port arrivals reflect government wheat movements. Copper and other metals see firm footing in New York trading.
First aid men at the Anaconda mine acted quickly when worker Pat Lyneby fell between cars and lost his left arm. Alex Weir provided arterial care and splints while Dr Juongon confirmed the critical aid likely saved his life. The injured man is recovering and Weir is praised for his skill. London wool auction sales reported firm prices with strong bidding and higher grease and crossbred quotes.
Mercantile paper and citi exchange details appear. Sterling, stocks, demand bills, cables, and bar silver are listed with various rates. Time loans and call money show small percentages. closing figures hint at modest activity with minor fluctuations across bonds and currencies.
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