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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 11, 1921
Page
9
A fragmented market brief reports on winter crops, demand and export concerns, with scattered figures for butter, creamery products, receipts, and related financial indicators. Mentions of prices, discounts, and various commodities appear amid an unclear narrative, attributed to Associated Press sources.
The New York Stock Exchange opened with active yet unsettled trading as Mexican petroleum offerings sparked a sharp decline, while steels, copper, utilities, and foods led declines of two to five points. Volume reached 725,000 shares, with short-covering in rail issues and higher rediscount expectations easing late-day mood.
Markets report cattle hogs and sheep receipts with mixed tone. Spokane notes steady ma rket with unchanged quotations and strong butchers. Billings details a fatal bridge crash underlines ongoing market updates and standard want ads.
The Colorado mine Davise Daly reports ore drift on the 0 and 2,700-foot levees with shipments of tin and silver near 3 percent. Bunker Hill & Sullivan smelter shipped 43,000 ounces to San Francisco Mint, with future silver shipments planned from the same mint. Major Armstead announces construction of a 150 ton daily concentrating mill at Amstead mines Talache Tolaho Pend Oreille lake, increasing hires from 25 to 190 as work proceeds this summer.
Market held firmness for a short period before renewed pressure near noon, as oils and steels faced selling. A bullish note arises from expected settlement of the British coal strike by referendum or union action. Steel unfilled tonnage drops to 5,482,487 tons, a smaller than feared decline likely to buoy prices later. Dividends cut across several firms with oils pressured by higher export taxes, sugar prices hit a yearly low, and wheat and corn prospects could aid farmers' debt payments. Sterling weakness weighed on conservative traders. Additionally, Deer Lodge notes report a June 10 wedding and local social updates, while Montana business and labor stories reference transport and industry shifts.
A young woman in a black satin gown and turban by Joseph is seen on Fifth Avenue, New York, wearing tiny silver bells that create a notable sensation.
In Bozeman on June 10 the twenty third annual Montana Funeral Directors association convention is to be held at the Limer Sands. Helena guests include Mayor White and Mrs Bozeman. Foy J Eortinent and Worsham of Chicago will demonstrate. An evening reception and a keynote address are planned with West Bozeman delivering the principal talk. Traveling salesmen will attend and the session includes a ceremonial opening and a round of entertainment yet to be arranged.
State College marks commencement week with a Sunday sermon by Bishop Foye of Montana, a music recital, and various departmental readings. Alumni homecoming day follows, featuring bachelor degree ceremonies in farm animal husbandry electrical engineering and agricultural education.
The annual meeting of the stockholders of the Hidden Lake Mining Company will be held at 1608 West Fourth Street Anaconda Montana at 2 p m on the 20th day of June 981. The ticket a hoard of directors and to transact any business that may come before it. secretary.
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