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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 29, 1912
Page
5
The market shows weaker tone with prices down across Butte and Superior and several copper stocks, while United States Steel and related trades show a late upturn. London quotations weigh on sentiment, but expectations from the Baltimore convention and forthcoming improvements suggest a possible rebound after the events conclude.
The Butte and Superior Copper Company filed its annual operations report by County Assessor Gilbert Jeanettes for the year ended May 1. It shows a net loss of 108,012.08 dollars with ore value per ton at 7.84 dollars and reduction cost at 3.00 dollars. Transportation costs were 1.04 dollars per ton, with 1,880 miles to Bartlesville and 2,015 miles to Cleveland. The report, prepared by Charles M. Byrr Bt as agent, covers the Black Rock and other mines on 87 acres. Total ore mined 171,790. gross value 1,261,286.83. extraction cost 1,355,406.95. total cost including transportation 1,619,270.01. labor 465,528.63. machinery 1,187.62. supplies 442,777.61. construction and improvements 62,825.12. Net earnings reported 3,728.26, but officials question the figures, suspecting misallocation of cost of reduction and potential inclusion of mining costs in that item.
Chicago markets see wheat prices drift downward on a weather market as hot dry Northwest conditions press prices lower. Corn holds steady amid light rain hopes while oats show softness. Barley and lard move with cash demand as cattle prices mix with regional demand.
The clipping shows mixed livestock quotes with cattle and calf prices, noted hedging terms, and copper futures and London prices. It also references a local mayoral event, promotions, and a subscription offer with a wool hunting tag. The text blends market data, city notices, and promotional lines from the Standard.
Miners Savings Bank and Trant Communy Matte United States depositary for postal savings presents high interest on savings and fixed deposits. Free wills through attorneys, dramatic appeals, and careful handling of inquiries. Visitors welcome at the heart department for friendly service and guidance.
The Wispress theater offers per fect comfort with excellent ventilation and electric fans. A new lineup starts this afternoon with a big musical act at Jardin de featuring pretty singers and original dances. Arthur Sullivan and Charles Tart- Ting present A Spotless Reputation a human playlet. Lyo Carry Wood Riley and Leont Guerney are billed among high-class acts with song hits and lively performances. The Sombreros and other entertainers round out a varied program with light comedy and engaging scene work.
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