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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 25, 1907
Page
5
A damaged and garbled market brief describes patriotic flair at the stock exchange with plans to celebrate in a public assembly. It lists scattered stock names and prices, noting trading activity and a parade of characters as investors react to the day’s transactions.
Dr. Pierce sued the Ladies' Home Journal for 200,000 damages over a defamatory article alleging his Favorite Prescription contained alcohol and habit forming ingredients. The New York Supreme Court ruled verdict for the Doctor, affirming his claim that the piece was malicious and false.
The Raven Mining company reports active work at Centerville with plans to sink a 1,400 foot shaft and drive drifting at 00 and 500 levels. Machinery will be installed on the Ruby mine in Jefferson county, while Mayo, Sachs & Co. continue development under Alameda vein operations. Cobban cites copper, lead, and silver prospects in Park Copper and Williams veins with nearby crosscuts and a potential concentrator proposal.
James Neill, mining consultant for East Butte, reports on Black Canyon Mine prospects in Ix county. He compares geology to Tintic Utah, notes eruptive deposits and ore bodies at depth, and foresees profitability with continued drift development and dike work. Neill suggests improvements, water supply piping, and tunnel equipment ahead of a formal report to Colonel Swall.
Dillon June 21 Special Dispatch to the Standard says Yeaverhead county officials approved a new wagon road route into the Elkhorn mining district via Points. The project involves Pearl Smith and others, aims to ship ore soon from at least 20 properties, and cost is expected under a limit. Work on Elk Horn road and Wise River segment progresses. once completed, a continuous route from Dillon to the Elk Horn district and beyond to Divides will exist.
Producers and major consumers in Marquette and New York held a meeting to set terms for copper delivery for August and September. Prices will not fall below 22 cents a pound. A bulletin from Paine, Webber & Co. notes copper is a buy, with little information released on future price details.
Chicago markets opened firm on warm futures but soon turned bearish amid larger receipts and favorable crop prospects. Oats and corn prices fell while wheat held near session lows. hogs and cattle showed scattered gains as local packers noted firm demand. Weather outlook for the new crop supported prices in some grains while weighing on others.
An old advertisement extols blood purification, claiming diseases stem from impure blood. It touts Swift’s Specific Co product as a cure for rheumatism catarrh skin diseases ulcers and contagious blood poison urging readers to obtain the book and medical advice from the Atlanta company.
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