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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 21, 1913
Page
6
New York stocks drifted downward in cautious stages as last week's rally faded. Limited buying support from speculative interests kept prices pressured while copper and bond markets showed mixed signals. cattle and hogs in Portland receipts reflected steady but uneven futures, with demand lagging and prices uneven across grades.
The Minneapolis grain report shows wheat futures with July contracts and September options, cash prices for No 1 hard around 84 to 85 cents, No 1 northern about 84 to 85 cents, No 2 northern near 84 cents, and No 3 wheat around 84 cents. Flax and barley prices are listed with scattered minor figures and unclear entries.
London traders reported a dull market with minor declines as copper weakens. New York noted slow activity, with expectations of a possible policy announcement on banking and currency reform, while copper producers faced steady selling and a delayed relief outlook.
Georgetown Gold Mining Co offers shares at 10 cents each for a group of claims in Georgetown between Southern Mine and Cable mines. No broker commissions, subscriptions go directly to the company, with one payment down and four monthly installments. Charles Bostrom directs operations, patents pending on the group. Jamie Pringle, secretary, Anaconda.
Wheat trading showed a cautious tone with prices fluctuating as traders weighed gains against pressure from South Lsrets and broader market signals. Corn and other grains moved in tandem, while futures months and delivery notes reflected a cautious, uneven session.
Prof Sylvanus Tiompann lectures at the British Institution on magnet strength. Key findings say powerful magnets use steel with around 6 percent tungsten and 0.3 percent carbon. Magnet bars are long and narrow, forged at low temperature, tempered near 7 degrees, then cooled, reheated for hardening, and brined. Maturation via ball milling for two hours. Demagnetizing forces reduce magnet strength by about 19 percent.
A chaotic 1920s style report details a liquor restraint case in the district court. The arraignment involves Sam Chlps and Mary, with testimony about wine, beer and barrels. Witnesses describe unsanitary conditions at a South Wyoming street confectionery stand and the local department stores involvement. The docket notes penalties, a ten day sentence, and warnings to business owners and agents.
Fragmentary OCR records describe a year old inquiry or incident involving Daniel AL Dugan in Meres amity district. The text references a separated wife, a court action, and mentions President Wilson in relation to a prior family dispute, but lacks clear dates or outcomes.
The report notes slow large transactions in wool trading with price gains limited to cases where manufacturers need wool. West Coast prices rise modestly while Western property deals slow. Wool shipments from Honeton ton to June 19 totaled 81,460,052 pounds, compared with the previous year, and Delinquent stockholders of Rutle & Rodgersburg Mining are listed for June 20 and 27.
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