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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 05, 1908
Page
16
New York traders confront uncertainty as Union Pacific financing nears completion. Investors weigh alternative market drivers amid steel sector concerns and a broad trading lull. bonds and shares show mixed weakness despite optimism around Union Pacific issues.
A dense listing of American and international companies including American Express American Sugar Refining American Tobacco Anaconda Mining and more. It notes preferred and common share statuses with percentages and prices across railroads, manufacturing, and utilities.
Classified advertisements seek coat and small job makers in Butte. a first class male singer for a Helena moving picture house. a girl for general housework in Anaconda. experienced girls for Dillon laundry. two lady solicitors in Butte. another girl for general house work in Butte. miscellaneous buys and sales including chickens. a Spokane artificial limb house and Farriss and Rodgers for banking bills. financial rates and bond notes appear.
Real estate loans low rates and security offered by McRae and Solveson at 49 W Park Butte. Butte Machinery Co buys and sells mining milling and concentrating machinery. Butte Stove Repair Co offers stove repairs and hardware at 128 E Park. Rauh Richter insure fur storage at 2006 N Main. Assayers and chemists Lewis Walker Thomas Buggy M E Mayer in Butte. Lost chestnut horse and black white pointer dog with rewards. Cleaning and dyeing services Parisian Dyehouse and Sylvain Bros offering high quality work.
In St Louis on June 1 a wool firm reported on quality of medium grade combing and clothing wools. Terms note veht fine mark heavy fine walle too washed with 19 percent moisture or loss cited.
Wheat opened weak and fell through the day as weather outlooks and two crop reports weighed on prices. July wheat ranged from 9 5/8 to 8 9/10 cents. corn and oats also weakened. Provisions steady early then weakened, with July pork, lard, and ribs all lower at close.
Chicago June 4 cattle receipts 4500 market strong reeves 4 nine hundred west ern s 4 65 6 feeders cows and heifers 2 40 46 calves 4 75 48 95 hog receipts about 24000 market steady light 5 10 5 50 mixed 5 15 5 55 heavy 5 05 5 52 pigs 4 25 5 10 good to choice heavy 5 20 to 5 52 bulk 5 40 5 50 sheep receipts 17000 market weak to be lower natives 3 40 3 50 westerns four 0 4 90 yearlings 3 4 60 5 50 lambs Ma 6 15 western lambs 4 6 15
London copper closed at 58 pounds 38 pence for spot and 58 pounds 10 shillings for futures while New York prices show a dull local market. Lead and spelter eased in London but were firmer locally with varied quotes across electrolytic and casting forms. Iron slipped one penny in London with Cleveland warrants at 50 shillings 2 pence. local market unchanged.
Special Dispatch to the Standard from Miles City reports Hiram Gilmore's plan to build an 11 mile irrigation ditch to water 4000 acres near Crow Rock and Little Dry creeks north of the Yellowstone. The contract is let, land is surveyed government land, and 320 acre desert land claims will be taken up at an estimated 1500 dollars per claim.
Washington on June 4 reports the current treasury balance with available cash totaling 240,202,398 dollars while gold coin and bullion stand at 25,578,264 dollars and gold certificates at 40,069,450 dollars.
On June 4 in New York money on call traded easily at 16 to 1 percent with a ruling rate of 1 percent. Closing bids stood at 144 percent with offers at 1 percent. Time loans showed activity for 60 days at 24 percent 90 days at 24 percent and six months at 3 percent. Prime mercantile paper quoted at 4 percent and sterling exchange remained easy.
Allegan Michigan jury reports deadlock in the manslaughter through neglect case of Mrs Mabel Neelley. The charge stems from the death of her 24 year old son Walter on January 4 after treatment by a mental healing sect. The jury had been out since 5 30 yesterday afternoon and was discharged today.
The annual meeting of the High-Grade Mining company stockholders will be held at 619 Walnut street Anaconda Montana on June 20 1908 at 7 39 p m for the election of directors for the ensuing year and to transact any other legal business. M A Fulmor secretary and treasurer.
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