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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 28, 1919
Page
4
The market surged as trading restrictions loosened and loans flowed, with leading stocks rallying. Hefty gains appeared in steel, copper, rail, tobacco, and chemical issues, while futures and grain sectors showed mixed signals amid favorable weather and improving crop prospects.
Adele Garrison writes of a tense episode as Mrs Stockbridge confronts a hidden envelope marked not to be opened until death. The narrator observes jealous rage, possible malice toward a trusted partner, and impending confrontation as Stockbridge returns. The atmosphere suggests deeper personal conflict and untold secrets.
New York June 27 Dun's tomor row predicts a near term peace treaty boost with reopened trade gateways and broader international commerce. Domestic business revival gains pace amid agricultural prosperity expectations and Europe’s need for American products, while rising demand tightens supply and signals higher manufacturing activity and prices.
The market showed perceptible trading with loan rates opening around 5 to 6 percent, marking a war era activity uptick. Loans held over into the coming day, while prices firmed on some securities amid irregular bond flow and continued gold outflow pressures.
Market activity shows higher prices than yesterday with top hogs at 21.40 and bulk around 20.60. Cattle receipts steady with calves and feeders priced, hog feeders around 9.40, 12.00 to 13.00 ranges, and sheep and lambs noting steady to higher values. Portland and Seattle reports include cattle and hog demand, with mixed cattle quotes and steady market overall. Minneapolis wheat receipts and London money market noted in brief.
The text notes that swamp and wetlands across all states total a vast area, larger than Iowa, Illinois, and Indiana together, with potential agricultural value. U.S. Department of Agriculture experts say draining and clearing them through public or private cooperation could transform these lands into productive farmland.
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