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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 04, 1905
Page
9
New York July 3 There was a burst of market animation in early trading signaling hoped for stock demand ahead of July interest and dividends. But activity faded by midday and the day’s business clustered around the first hour and final hour, with bonds firm and United States bonds unchanged on call.
An OCR fragment lists American Express and major U S trade names with preferred stock designations, bonds, and New York mining stocks. It includes entries for American Cotton Oil, American Sugar Refining, Atlantic Coast Line, Baltimore & Ohio, Chicago & Alton, Union Pacific, Wells Fargo Express, and Western Union among others with share types such as do preferred and 1st or 2nd preferred.
A garbled OCR fragment mentions Coveetoucee and unsettled betting hints. No clear people or events are readable to define a proper news item.
Money on call quoted at 24 percent, time loans steady with 3 and 6 month maturities. Prime mercantile paper at 26 percent. Sterling exchange firm. bank bills near 487.05 for demand and 485.30 for 1 day bills. Government and railroad bonds steady. bar silver at 58 1/2 cents.
New York wires show tin in London closing at £128 17s 6d spot and £137 1s futures while copper holds at £65 17s spot and £65 18s 9d futures. Local quotes for lake electrolytic lie and casting 14.75c, lead at £13 7s 6d London with local 4.50 to 4.60c, spelter up to £23 17s 6d locally unchanged. Glasgow tin at 49s 4d and Middlesboro at 45s 6d. no fresh local changes.
Chicago markets show cattle receipts at 15 000 with mixed prices up 10 15 cents. cattle ranges include prime to good at 35.25, cows 3 4.50, heifers 2.50 4.75, calves 3.50 6.25, and Texas steers 3.60 4.70. Hog receipts 3 000 today, 25 000 tomorrow with mixed and butchers 5.35 5.65 and heavy 4.90 5.40. sheep receipts 15 000 with wethers 5.50 and native lambs 5.50 8.00.
Wool prices held steady in St Louis with midsized combing and clothing grades quoted at 26 3?4 to 26 7?8 cents. Light fine and gig Z le prices marked 22 to 32 1?2 cents, heavy fine 32 to 43 cents in tub washed lots.
Sam W. Teagarden argues that life insurance commissions are misunderstood. He details a 20 payment life policy showing the agent earns 50 percent of the first annual premium but notes the total contract value and duration. Teagarden urges fair press critique, noting reforms are needed especially for large companies.
Twin Bridges trustees accept the resignation of Miss Pearl Gotchins and elect Mrs. L. J. Williams to fill the vacancy. Carloads of horses are shipped from Alder to Billings sale. J. W. Sutherland of Dillon ships to Drayton. Bricks for the orphans' home arrive, insurance payout to Mrs. R. R. Tovey reaches 500 dollars, and Western Mining Supply unloads boilers for the new laundry. J. E. Hample ships Schultz wool clip to Boston. Mauer & Swartz grip remains unsold. C. A. Smith plans three more horse carloads to Billings.
Stockholm July 3 Count Gildenstol pe foreign minister told an Associated Press correspondent that rumors from Christiania are not cause for alarm and that no age of danger is implied. He emphasized calm and official verification of reports.
Classified ads detail payment by word and line length with six words per line ten lines per inch. Advertisers may receive replies by presenting a standard office card addressed care of the Standard to secure responses. Light-face display type is used on the Want Page at regular rates.
A mix of Butte Montana business ads lists plating, upholstery, a private school, poultry market and hairdressing with addresses and phone. A brief Swedish note says stress measures are not expanded and the squadron conducts usual summer maneuvers near Gothenburg with troops unchanged.
Classified notices list a gym hall for private parties at 3 Park for five dollars and a variety of ads including a Montana history book, a diamond pledge, loans, poultry, sale items, a home confinement listing, and bids to move buildings from Mountain View park to Gregson Springs with multiple local addresses in Butte Anaconda and Gregson Mont dated 1905.
On July 3 in Selangor the Chinese merchants resolved to boycott American manufacturers until the Chinese exclusion act is repealed, marking a united stance by the Chinese communities across the Straits Settlements.
A fire razed the Great Northern Mill company plant at Anacortes, causing about 40000 dollars in damage and partly insured. The dry kiln and part of the stock were saved, with Lee and mill men rushing to save property after the blaze began around 4 30 a m and burned for about an hour.
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