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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 10, 1913
Page
10
This notice highlights vanity cases in Sterling silver priced at 9 50, gold filled from 9 to 20, and 6 o silver options at 5. It emphasizes a wide pattern choice including plain engraved engine turned and chased, presenting them as highly desirable seasonal novelties and gift items.
Each suit represents top American style fabric and tailoring with no flaws. All wool and guaranteed for service, choices include any 30 Mak g suit for 19.75 or 27.50 suit for 16.75. Also about 100 straw hats once priced 1.50 to 4, now 50 cents.
Senator R L Owen outlines a plan to establish regional reserve banks and elastic currency by boosting bank reserves. The measure would allow banks to hold larger reserves and access U S treasury notes to meet fiscal strain without permanently inflating the money supply.
In Butte and across Montana bankers review the administration measure drafted by Representative Glass and Senator Owen. The plan would create 12 federal reserve districts with regional banks, board control, and bank stock participation, while directing government receipts to the reserve banks and excluding individual deposits.
The article discusses a bill creating regional reserve banks to stabilize credit. It argues the system would allow banks to pledge collateral to obtain currency quickly during runs, reducing centralization in New York. Critics fear loss of New York deposits and potential rail/industry impacts during adjustments.
The argument outlines the national currency plan, urging gradual changes to avoid panics and job hardship. Concerns focus on bank reserve requirements, state versus national bank rights, and the need for safeguards before broad action. Glendale relic shows Montana’s rise and fall of a smelter town, once bustling with ore and workers.
Secretary McAdoo says an agreement with Senate and House banking committee chairmen Overman and Glass would retain the 2 percent bonds circulation privilege for 20 years as the nation retires the $700 million in national bank notes secured by bonds. Critics argued the bill’s limits on bond secured circulation lowered bond values below par.
Belgrade reports Bulgarian nine battalions invading Servia at Kniarsevatz were entirely destroyed in a desperate battle at the entrance of Zajetskar pass. Servian forces held the line, ending the engagement with decisive defense and heavy Bulgarian losses.
Valencia dispatches describe a rain of fire that burned the district outside the village of Alvore. Residents fled to a church for safety as the area burned to cinders.
A small classified noting 25 pounds of sugar for 1 dollar and 15 dollars worth of other groceries available at Lutey's. Ady.
The Belair company completed The Faith Healer a semi religious drama praised for virility intensity and clear conveying of its deep lesson Faith drives intelligent action in a tale contrasting two men one unbeliever and one believer who becomes a savior and performs a miracle at the bedside of a sick child The production is described as a modern miracle play with spectacular staging and strong performances across three other photoplays at the American theater today and tomorrow.
A warm day at the Ansonia theater is turned cool and cozy for audiences. The program blends comedy and pathos with Her Mother's Oath and Daughter of the Sheriff, plus One Good Joke Deserves Another featuring John Bunny. Marie Gerard and Armon and Armon headline the vaudeville segment.
Holiday atmosphere at Gregson Springs invites guests to enjoy meals, swimming, dancing, and shaded relaxation. Patrons are urged to call in orders for dinner as cooks prepare a variety of dishes while staff serves, making it a leisure outing for the evening.
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