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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 24, 1920
Page
10
Chicago July 93 Unfavorable northwest weather lifted prices briefly then eased as rains eased tensions. December wheat at 2.58, March 2.62 with earlier highs near 2.63. Corn rose on elevator demand but finished mixed while oats climbed alongside corn. Cash quotes list No 2 wheat 2.83, No 2 corn 1.56 to 1.57, oats No 2 white 0.97 to 0.98.
Cattle receipts reach 4000 with steady to strong values for light steers and best calves around 16 to 17 dollars. Hogs receipts 22000 open steady, later highs near 16.50 with sows and pigs showing strength. Sheep and lambs receipts 12000 show lambs steady to 25 lower, with Idaho and Montana offerings setting top ranges.
July 23 stock market opens with mixed oils and rails, but overall weakness returns as foreign exchange pressures from Central Europe sap gains. Houston Oil leads advances while losses hit leather, steel and motor issues. bar silver rates and discount bills noted.
Spokane market reports no hog or cattle receipts. Prices show steady ranges: prime hogs 17 to 17.50, medium 16.50 to 17, rough heavies 14.75 to 15.25, pigs 16 to 16.50, stockers 14.50. Cattle include prime steers 10.50 to 11, good to choice 9.25 to 10.50, medium to good 8.50 to 9.50, cows and heifers 7.50 to 8, canners 3.50 to 4.50, calves 9 to 11.50, stockers 5 to 8. Sheep market steady with prime lambs 10 to 11, yearlings 60 to 70, wethers 6 to 7, best ewes 3.50 to 6.
Hogs receipts 10 500. Early sales strong, market steady for average quality. Bulk and top range from 14 to 15.50 dollars. Cattle receipts 1 200. Market slow, steady for best beeves around 16 dollars. Sheep receipts 5 000. Lambs up 25 cents, top at 15.25. wethers 9, ewes 7.50, feeders firm.
Sitgan Market New York July 23 raw sugar steady at 16.56 cents per pound for centrifugal refined unsettled fine granulated at 21 to 22.50 cents per pound.
New York July 25 copper and iron hold steady as does tin at 5 and August spot. Antimony and zinc show no change while lead remains at 8.50 cents.
Timber to be used for a hundred stamp mill at the Champion mine in Deer Lodge valley, six miles from Race Track, costs $14 per thousand feet. W R Nichols of Butte & Jardine notes logs are company owned. labor only. The mill aids ore milling from the recently opened vein, with five cars shipped to Washoe smelter and 72.6 ounces silver plus $4 per ton gold net for the last car. 35 men at the mine, eight on lumber.
Mineral County Montana shows a population of 2327 across Cedar 474 French 385 Saltese 603 and Superior 865. W P Lakin gains an oil lease for four lots in Fergus county while Thomas A Berkin secures a plat in Fergus. A post office opens at Trine Phillips county with Mary E Watson as postmaster. Civil service exams August 18 for Judith Gap postmaster, salary 1400 dollars.
In Winnett Montana on July 23 the Cat Creek Consolidated spudded two wells in the Cat Creek field just before lease deadlines. Surety bonds posted to guarantee drilling were drawn down, securing operation start as required. One rig was not moved until Monday, leaving two days to rig, while the second rig had been out earlier, providing more time to prepare. Plans include a sidetrack for loading oil tank cars from the field.
The Big Timber county commissioners met this week as an equalization board, in session two days with few complaints. Tax books are ready and further sessions run to the second Monday in August. Hatchery trout from Emigrant were planted in the Boulder river, about 32 000 fry in eight cans, small and not ready for hooks until late next year. Upcoming rainbow hatchings are planned for September in mountain lakes. Marriage notices include Rev. Ernest Richard Bellingham and Grace Esther Kitchell, to be at Lakeside, Michigan, returning to Big Timber after September 1 and joining the Young People's society in August. Mrs. Gertrude Unglander returned to Great Falls. Mr. and Mrs. Charles S. Clark of Hobart, Oklahoma arrived for visits and will tour Yellowstone Park. Clarence Caulkins visits from California for a month, with brother Charles to join university in Berkeley. George A. Loasby may run for county commissioner as a Republican in the August primaries. Yellowstone irrigation talks at Yellowstone Lake were canceled by the federal appropriations committee, prompting Jerom e Locke to call a meeting by wire. a Billings gathering may be set for Saturday.
New York reports Mercantile Paper unchanged with weak exchange. Sterling demand 3.75 percent, cables 3.76. Francs demand 7.47, cables 7.49. Belgian francs 7.88, cables 7.90. Guilders 34.50, cables 4 ra. Lire 5.28 demand, cables 5.30. Marks 2.21, cables 2.22. New York exchange on Montreal 125-16 per cent discount. Time loans strong, call money strong, unchanged.
A McClure Syndicate horoscope notes Jupiter and Neptune influencing the West with depressing business signals and potential rumors of trouble. It foresees rivalry with big business, possible conspiracies affecting many, misunderstandings with a foreign power, and increased stock speculation risk. Highly sensitive Leo children may face accidents though the year offers potential gains with self control.
A special committee of the Billings Commercial club will issue permits to legitimate traders and collectors and deny them to doubtful ones. Members will ignore solicitors lacking club credentials under this plan. Aug 16 set to complete the big steel bridge across the Yellowstone river at Huntley restoring the Yellowstone trail to its normal course.
Morse reports that nearly all of the required 59 men have been recruited, with most expected to join soon. The note indicates progress toward filling the quota and hints at remaining selections to finalize the roster.
William J. Bryan arrived in Laurel for a Chautauqua lecture and was warmly received by local citizens. He reiterated he cannot accept the Prohibition party presidential nomination and is unwilling to sever ties with the Democratic party.
Tony Hansen, a United States navy sailor, writes from Billings that he wants to pay a $10 board bill from about May 1906. He gives no name or location beyond seeking the woman who ran a hotel in Billings then. His conscience weighs on him, complicating the county clerk's relief process.
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