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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 28, 1921
Page
9
Markets in the wheat sector show volatility with July and December futures listed amid price shifts. Reports from Chicago and Minneapolis indicate heavier grain receipts and cautious buying patterns as supplies and external factors influence prices, with provisions and related commodities following grain trends.
Saturday’s irregular recovery extended to one to three points at the opening and many advances were reversed before midday. High tone faded to close with oils, motors, steels, textiles, shipments and sugar under pressure. 466000 shares traded as grains strength and freight car declines provided some support while money market stayed featureless.
A telegraphed roundup from Chicago Omaha Spokane and New York shows mixed livestock receipts with steer and calf values fluctuating and packing grades cited. Copper and antimony market figures are reported, including spot prices and Near term quotes, with Cleopatra's Needle noted as a London landmark.
Alaska miners predict a silver era with the Silver Smith mine at Sandon British Columbia doubling milling capacity. Ivanhoe and Silversmith mill work expands to raise daily tonnage to 189 200 tons. Ashoven 180 tons daily. Silversmith 78. Ore shipments to Kellogg Idaho and other mills noted. Market review reports a strong open then a six week decline amid liquidity moves and sector rotations with refinancings and sugar price cuts cited. Obiter notices include probate and creditor notices for Montana and Deer Lodge county estates in Anaconda and nearby towns.
Beaverton area reports a former soldier, Lee Kennison, aged about 30, died by suicide at Tomia Hotel ranch nine miles north of the city. Burial plans and coroner’s inquest are noted, with the community learning of the tragedy through local familial notices. Police and undertaker services are coordinating the aftermath as relatives request no blame be assigned. The incident follows Kennison’s recent return from service and is marked by mourning from his mother Mrs. Emmett Otis of Hemelburgia Wash.
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