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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 29, 1921
Page
7
Chicago markets closed mixed as wheat trends fluctuated on interpretation of government feed and seed stock figures. March wheat 1.65% to 1.65% May 1.53% to 1.53% with corn and oats slipping modestly. Provisions rose slightly as hog prices supported meat values.
In Lewistown on January 28 President M W Friedell and five associates met with about 200 landowners in the Teigen section toward the Mussel shell river to discuss stock offers. Most signed leases though Teigen Oil and Gas did not assign its acreage. A shale oil showing was reported at Cat Creek in the Big Six with a second gas pocket. Bear Cat awarded a drilling contract to Gisborne Drilling for a well in the Wyoming field, spudding by March 15.
New York money markets show firm call money and time loans around 7 percent with ready liquidity. Stock trading remains dull though some gains appear in Mexican Petroleum General Asphalt American Linseed and low grade crude stocks. Broad market weakness persists despite Pennsylvania bond offering oversubscription and rail optimism. Sugar prices move to 4.396 for centrifugal and refined to 7.50 cents per pound.
Copper dull on spot and first quarter at 12% 13c. Iron steady. Lead dull at 4.75. Antimony quoted 5.35 to 5.63c. Pine eases in East St. Louis with spot at 5.15. Futures and other quotes noted for New York market.
Bar silver in New York on January 28 quoted 64 4/ or 64 1/2 cents domestic and foreign and Mexican dollars.
Fragmented note shows London prices for silver at 37 percent per ounce and a cash rates section with small percentages. Mentions bills and monthly rate context but details are unclear.
GOSSIP FROM THE BROKERS notes little change with few specialties up and rails firm. Detroit reports auto parts demand rising and Doheny properties outlook optimistic. Northern Pacific and copper shares show modest strength while sterling and oil prices edge toward a bottom before anticipated spring rallies.
The piece reviews the 1920 silver market under bimetallism debate, noting a fall from $1.37 to 59 cents amid Pittman act effects and government purchases. It also reports mining progress at Hypotheck in Idaho, Homestake coal findings in Montana, rail link plans, and a Columbus zinc oxide plant boosting capacity to 50 percent.
E. L. Harris an early resident of Big Timber died in a Billings hospital after a period of ill health and an operation. Funeral services were held in Big Timber at the Congregational church conducted by Rev. Tr Holbeck. Harris was born in Belfast Maine in 1866 and came to Montana in 1893.
The funeral of Bram M. Morgan, who died near the old Amazon, was held today in Boulder. He was seventy six or seventy seven years old and had lived in Montana for many years having spent his later life near the Amazon. The report ends with an unrelated line about a growworm not being a worm but a beetle.
Hamilton Montana January 28 The Ravalli County Farm Bureau will hold its annual meeting Saturday February 5 at Hamilton high school starting at 10 o clock. Morning session covers committee project plans and officer elections occur in the afternoon. M L Wilson state leader of county agents will give the day address.
Mrs. Yates Page hosted a Tuesday afternoon gathering for Mrs. J. A. Kiderlin with colorful flowers and a luncheon. Guests included numerous Philipsburg locals and visitors, while residents announced moves to new homes and brief health updates. Dr. C. Baker left for San Diego for a new position. Mrs. Baker and children will join later.
Lewistown January 28 Judges Rudolph von Tobel and Roy Ayers consider appointing a successor to Walter Fish as county commissioner after his unexpected resignation left the office vacant last night.
Chicago livestock receipts show mixed shifts with hogs up about a quarter, cattle steady to lower for low grade cows and cutters, bulls and calves steady. Hog prices ranged with top near 10.25 for lights and bulk hogs 9.40 to 10.10, while sheep activity was slow with killing classes easing 25 to 10 cents.
Spokane market notes from January 28 show hog receipts at four steady and meat prices holding steady with unchanged quotes across markets. Grain and cafe receipts appear steady while overall market remains stable with no major price shifts reported.
Omaha market notes show beate pts at 17 500 and mixed cattle activity. Beef steers and butcher stock move slowly while top lambs reach 9.75 with scattered feeders and steady to weak trends in 250-pounders and over. Receipts include 2,700 cattle and large sheep with limited demand.
United States Bureau of Markets notes cattle receipts 1700 in South St Paul. Market dull and draggy with prices mostly steady to weak. medium beef steers 65.75 to 76. cows and heifers around 46. canners and cutters 2.75. bulls 60 to 65. hogs steady with top near 9 to 10. sheep receipts 700 slow with lambs 9 to 10. good western lambs around 18 to 18.50 for 18 pound weights.
The English board of motion picture censors barred a Montana film titled Capturing and Photographing Wild Animals in the Rocky Mountains. Producer Bob Bakker of Libby, famed mountain lion hunter, sparked controversy by his methods including trapping a female lion near Bobtail creek on January 21 and killing the animal with a neck noose and lion dogs.
Powell post No 10 American Legion announces two dances at Milwaukee hall with the Sheridan band of Missoula. a Powell concert company engagement February 8 follows a birthday gathering for R W Ross. Central social events include card parties, bridge games, and a Masonic social with music by Schreiber's orchestra.
Lewistown reports Mrs. C. W. Wilson died today after four weeks in ill health from a chest wound inflicted by her husband at a Fourth avenue rooming house. Cause listed as pneumonia and lung gangrene. Wilson was arrested after fleeing toward Hilger and faces bond discussions. The couple formerly farmed in Hilger. they had children.
Sheriff Clarence Hogue and Deputy Harry South uncovered a large moonshine operation along the river locating a 10 by 16 foot cabin where James Beers and Chester Wills were arrested. The haul included a cooker copper worm evaporating tank corn mash and three gallon kegs with eight barrels of mash and finished liquor. Investigators believe the outfit operated in nearby towns and supplied liquor blamed for disturbances in Woodside Stevensville Victor and other Bitter Root locales.
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