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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 29, 1916
Page
12
A fragmented report indicates a stronger postwar market with a visible bank reserve surplus and reduced loans, offset by rising gold inflows of nearly 20 million dollars. The liquidity boost could fuel extended lending but raises systemic risk amid European liquidation and high food commodity prices.
A disjointed OCR fragment lists numerous place names and monetary figures such as Butte Copper 1,000 Beaver Creek 500 Leonard 009 Douglas 500, East Butte Ext 580, Barrell 10,000, Independence 30,000, Rocky Mount Fire 200.00, Reindeer Queen 895 1,000, Rocher de Boul 500, and others. The text combines notations like New York 1,000 and North Franklin 02 20 in a jumbled ledger style.
A historical market analysis notes railroad speculation and uncertain risks while deeming a general nationwide strike groundless. It argues prices show a mild upward trend after readjustment, with investors finding bargains and seeking solid gains despite volatile speculative interests tied to daily events.
Caledonia’s showing for the year includes a regular monthly dividend of 5 cents per share totaling $78,150 payable August 5 to shareholders of record August 19. Year to date, cash dividends reach $599,150, with total disbursed and outstanding reaching $1,481,941. The Caledonian mine is largely owned by Bunker Hill & Sullivan, guided by Stanley A. Easton, who notes no new major developments beyond a pre shoot not yet opened on the heating tunnel level.
Copper shares edged higher as traders cited steady demand and limited sales on the New York exchange. Major names like Anaconda, American Zinc, Kennecott, Chino, and Nevada showed fractional gains, while Paine, Webber & Co. noted a quiet market with limited upside potential. Secretary Wilson signaled labor talks to ease railroad tensions, adding to a cautiously optimistic tone.
A partial roster of bids and offers for commodities and stocks includes Alameda Alliance Bannock Barnes-King Butte Bacorn Butte Bullwhacker Butte Great Falls London New York Caledonia Carney Copper Colusa Leonard East Butte Greybull Highland Nabob National Life Ins North Butte Ray Hercules Rocher de Boules Scratch Gravel Silver Cable Tarbox Tuolumne 31 percent, with notes “ONLY” and instruction to list buying and selling orders.
The market slipped after a brief high as crops in the Dakotas and Minnesota faced doubt over yields. Wheat and oats fluctuated with September wheat around 1.22 to 1.23, corn near 78 cents, and hogs lifting provisions. Chicago and Portland indicators showed firm to steady conditions with robust cattle and sheep markets. London wool sales closed with steady demand and varied shifts by grade.
Russia has extended the deadline for its international competition on industrial utilization of alcohol with large monetary prizes. The official note sets the new closing date and outlines eligibility and prize structure for participating inventors and firms.
Spokane based investors from Butt Helena and Butte led a party to Nelson British Columbia to inspect Granite Poorman property. They secured lease and bond, plan extensive development, and expect Nelson syndicate had cleared 18 000 to 20 000 dollars in 18 days prior to transfer while H T Miller Helena Montana joins the Scratch Gravel group as manager and director.
Special Dispatch to the Standard from Seattle reports cattle receipts of 125, hogs 226, and sheep 4. Hogs market stronger with tops at 9.35 to 9.40. Cattle and sheep steady at previous quotations.
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