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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 04, 1903
Page
13
New York June 3 The stock market opened low but recovered midday on hopes for stable prices. Profits were taken in late trading, erasing gains, with losses in rail stocks and pressure from coal strike threats and conciliatory notes from operators.
A garbled OCR passage lists multiple railroad names and preferred stock mentions, including Chicago & Northwestern, Canadian Pacific, Chesapeake & Ohio, Colorado Southern, Denver & Rio Grande, Norfolk & Western, and others. It appears as a dense catalog of transfers, percentages, and references to railway lines and holdings with no coherent narrative or dates.
Money on call steady at 2 3 4 percent with short and long dates firm. mercantile paper at 4 4 6 5 percent. Sterling exchange steady with bankers' bills at 488.25 for demand and 485.5 for 60 days. Government bonds irregular. railroad bonds firm.
London tin gains driven by lighter offerings with spot up to £125 and futures £3 higher. New York tin firm, copper up in London but dull locally, lead down in London, spelter steady in New York, iron weak in Glasgow and Suddiesboro, North American foundries show price declines in No 1 and No 2 northern listings.
In Chicago July wheat opened lower as improved weather and weak cables pressured futures. July settled around 7%c lower after fluctuating. corn fell about 2% to 4%. oats held firm amid profit taking. July corn rose slightly near session end while hog prices declined and provisions slipped.
The report lists grain prices including No. 2 red, No. 3 white and feed oats with bids around 47 cents. It records per barrel lard and various meat cuts, plus flaxseed at 1.10 and northwestern oats at 1.13. It also shows shipment receipts for flour, wheat, corn, oats, rye, and barley with large bushel totals.
Stable quotes show native lambs at $4 to $7.50, western lambs around $4,504.65, and spring lambs ranging from $5.25 to $7.75, indicating varied value segments in the livestock market.
A busy mix of small ads and notices from Butte and Anaconda include furnished rooms for rent at 129 W Park and Reynolds & McDowell, requests for cash for housing, lost dogs with rewards, a female chain bracelet notice, mining office ads, a found sorrel mare, a Parisian dye house, clairvoyant services, loan offers on real estate, a 8% sale for tailored menswear, palm reader listings, room and board, a medical advert for Dr Grigg, scavenger notices, and affordable safes moving services.
OTHER MARKETS Omaha Livestock South Omaha June 3 Cattle receipts 5430 market lower native steers 42505.10 cows and heifers 3254.35 canners 2205.15 stockers and feeders 3504 calves 1606 bulls stags etc 643 Hoge receipts 11000 market 1 lower heavy 59506.10 mixed 5856. light 5906 pigs 5905.80 bulk of sales 5954 4 sheep receipts 1300 market steady fed muttons 4505.70 westerns 40 5.25 ewes 3704 common and stockers 204 lambs 57506.25
London June 3 report shows Consols firm at 9 percent for money and 9 11 16 for account. Stocks include Atchison preferred at 974, United States Steel preferred at 3 1 6, Union Pacific preferred quiet, and Canadian Pacific at 15. Southern Pacific at 52 1/2. Copper and silver prices noted with slight activity.
The note lists entities such as Amalgamated, Calumet & Hecla, Dominion Coal, Isle Royale, Old Dominion, Tamarack, and others in a recount of mining and regional interests. It mentions shares or values and hints at regional mining activity and corporate names active in the sector.
Paris reports says a night engagement between French troops and insurgent Moors at Fugig in Algeria left unknown results. A separate skirmish at Djonan-el-Dar killed three French soldiers. Premier Combes stated the government will not seek new territory but will uphold the status quo and ensure frontier security in Algeria at any cost.
Chicago cattle receipts totalled about 20 000 with varied demand from good to poor. Hogs receipts stood at 37 000 with prices easing. bulk sales ranged around 5.85 to 6.26 per cwt. Sheep receipts reached 15 000 as lambs and wethers showed modest declines and steady to lower prices.
The bronze statue of Garret A Hobart was unveiled in Paterson New Jersey this afternoon. John W Griggs former attorney general delivered the oration in McKinley s cabinet.
Baltimore today hosts the eighth annual convention of the National Wholesale Liquor Dealers association. Delegates from member firms gather to discuss trade policies, market conditions, and promoting industry standards.
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