Market Stock Tone Firm In Early Trading
Market has a firm tone as North Butte gains and Superior Copper leads with a strong advance on favorable reports. Public demand rises and industrials show improving prospects while sales terms remain cautious.
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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 30, 1909
Page
5
Market has a firm tone as North Butte gains and Superior Copper leads with a strong advance on favorable reports. Public demand rises and industrials show improving prospects while sales terms remain cautious.
Special Dispatch to the Standon Helena July 29. Directors of the Barnes King Mining company report from Kendall the property looks better than under prior management. A new area in the north end was developed revealing a low grade milling ore body whose true extent awaits further work. Directors hopeful that the strike matches current indications.
aFragmentary market brief reports wool prices and grades, listing firms Paxson and Rockefeller in Butte Montana. It mentions steady wool, combing and double washing, heavy fines, and postpaid gum coupons. The garbled text preserves the core entities and price notes from a regional wool trade update.
The article recounts the ill fated pursuit of the renowned trotting gelding Dictator by Montana horseman Willian Peritis and other bids for the horse including a $10,000 offer. After a dramatic chase in the pasture the horse fell to a trap and died while medical staff attended. The incident ends with notes on the horse’s potential as a breeder and the pursuer’s continued efforts to claim a reward.
A Bulte writer explains a money making scheme in Grant Falls Mont offering townsite lots near Missouri Falls power. He claims Seattle fair trips can be made free by buying at low price with staged payments. He notes 20 lots sold recently including one for an Independent Telephone building and reports business men traveling to Great Falls to view the lots.
Children at 1017 Park Street sparked a fire that partly burned a shed in the rear yard yesterday afternoon. The blaze damaged the structure and caused about 850 in loss. Fire crews from box 6 were alerted and more help was called to the west side area to prevent spread.
The New Lenin service via the Milwaukee and Puget Sound railway to Alberton Montana offers travel to Missoula with daily round trips from Butte. Train departs Butte 240 daily to Missoula, returns, fare $7.20 except weekends. Saturday and Sunday round trip rate $4.50. For tickets contact Butte city ticket offices 18% Nery Mary street. WATINER A Gm & PLA
Sweelal Dispatch reports from Kelena on July 2 at a Catholic Educational association session. De Haaren spoke on reading as a business for library study and Professor Boluft of Colorado State University discussed issues in schooling. A Sister of Charley presented on Banguagy in the Primary Cradles, Maz Shelton addressed music in lower grades, and the meeting drew broad public and teacher attendance. The last session will be held tomorrow.
A proposed reservoir near Summit on the Montana railroad was filed at the Melona land office. The 13.62 square meter facility will hold 22,005,000 gallons, supplying water to engines where none is locally available. The dam will stand 28 feet high and 186 feet long.
Newport News July 23. Prohibitionists gain a decisive victory at the Republican state convention by a 709 to 218 vote, approving a plan to apply prohibition in counties and cities on all mayoral elections. William P. Kent of Wythe named as gubernatorial candidate.
Chicago records 91 degree high as heat wave grips the city. Crowded tenements suffer while residents seek shade and park relief as the thermometer nears a yearly peak. A thunderstorm later drops readings by about 28 degrees, easing the heat briefly.
A Butte organized venture plans to establish a briquette fuel industry in Montana from lignite. Led by Robert L. Gilbert of Salt Lake City, the group includes W. I. Siggins, J. Bilenbere, John F. Goward, and D. Mathers among others. They own a large lignite deposit about 27 miles from Neer Lodge, with machinery valued around 340,000 at Salt Lake. The project follows German and U.S. experiments showing briquettes produce low ash and smoke, with government tests indicating abundant lignite beds in the Dakotas and Montana and potential to supplement domestic fuel supply.
Voice of the Standard comments on a recent prize fight ban and wider gambling issues. It criticizes promoters for expense on tables and devices for wagering games, suggests burglary and crime may be linked to vice, and calls for caution while allowing leniency toward minor offenders except murder. Market figures for metals are noted with little change.
An advertisement touts Valley British Columbia land at 16 per acre with nine annual payments for a large tract near a railway under construction. It highlights rich soil, ample water, wild game, and proximity to the coast, claiming no irrigation needed, easy living, and independence from turmoil, urging purchase now.
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