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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jul 31, 1901
Page
3
The New York market shows persistent sluggishness with wavering moves across stocks led by United States Steel. Speculators await concrete strike settlement papers while money market prospects and government revenue fluctuations dampen buying. Total sales par value $1,125,000 with bonds unchanged.
A dense ledger of railroad lines and major corporations with listed preferred stocks and percent notes. It catalogs companies like Canadian Pacific Chesapeake & Ohio Illinois Central Northwestern Pacific Texas Pacific Union Pacific Wells Fargo and others, noting preferred status or percentage figures.
A dense list of bonds and securities including U.S. government issues, corporate issue references from Greece and Canada, coupon details, and prices. Mentions Brunswick, Deadwood, Little Chief, and other entity names with scattered values and notes.
Money on call remains steady around 2 1 2 percent with last loan at 2 percent and mercantile papers near 4 1 2 to 6 percent. Sterling exchange firm with bankers' bills quoted at 4.8749 for demand and 4.84 for days. Government bonds steady while state bonds stay active and railroad bonds show irregular trading.
The Commercial Advertiser's London cablegram says turnover was quiet as traders awaited settlement. Americans showed no clear trend while coalers and steel shares drew some interest before the market closed hesitating.
The morning cable notes a £1 drop in spot pig tin in London due to liquidation, with forward tin unchanged. Copper, lead, zinc, and pig iron list small losses or quiet trading as both London and New York markets show mixed activity and subdued price movement.
Chicago markets report September wheat up to 64 3/4 cents and later 68 1/2 cents. Corn and oats hold firm with profit taking followed by professional buying. Provisions rise modestly as hogs and lard advance on solid cash demand.
Cash quotations show flour steady and grains with varying highs and lows. Cattle, hogs, and sheep receipts at Chicago markets reflect steady to firm prices for steers and strong hog demand with several weight and grade distinctions noted.
Omaha Livestock market notes for July 30 show cattle receipts about 3,900 with active trade and higher values. Native beef steers around 4.5 to 5.75, cows 2.75 to 4.25, calves up to 5.5, heavy hogs 5.60 to 5.75, light 5.40 to 5.60, sheep receipts 10,000 with wethers 3.25 to 3.40, ewes 2.50 to 3, lambs 4.5 to 5.0.
Classified rental ads list a three room partly furnished house on Elm street Anaconda a five room modern flat on West 12th in Butte and a four room furnished house on Chestnut street Anaconda also offers team and harness for camping and rooms with modern conveniences in Butte. A ten dollar reward is offered for a sorrel horse with white face branding features.
Directory items list several firms and professionals in Butte Montana offering assaying services by mail or express, with names such as McClure Bros Reliable Assay Office Mayer and Passmore & Co, plus Dr T A Grigg an oculist. Addresses include Main Street, North Montana, Granite Street and 28 E Broadway.
Weingberg Bros and Epstein advertise silk gowns and garments with mail orders from Butte while market pages list mining shares Amalgamated Copper, Calumet & Hecla, Parrot, and others along with London price quotes. July 20 market report notes copper stocks, railroad and mining issues with a brief silver price at 26 15 1 2 per ounce.
Washington reports the general fund statement excluding the $150 million gold reserve in redemption with available cash at $176,076,982 and gold at $95,450,697. The figures reflect the Treasury balance status as of today.
Telegraphic notes show United States and Canada east of the Rockies add 2.418 million bushels of wheat afloat for Europe plus 1.5 million more total. Corn east of the Rockies rises 338 thousand bushels while oats in the same region fall 1.253 million. Combined wheat stocks at Portland Tacoma and Seattle fall 222 thousand bushels last week.
Cattle receipts total 10,000 with prices showing modest gains across categories. Texas steers around 345.20, Texas cows 235.25, native cattle 490 to 590, cattle stockers and feeders 844.25, bulls 2.25 to 4. Hogs receipts 15,000 with market 6 to 10 cents higher. bulk sales 50.5 to 58.5, heavy hogs noted.
Reliable scavenger office 19 B Broadway Butte advertises prompt scavenger work by G. W. Vineyard with contact numbers 477 401 HK Front St and 740M.
A fragmented notice advertises palm readings for women over five days by He We We and W at Butle. The readable parts suggest a local event aimed at female patrons with a schedule span.
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