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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 30, 1917
Page
12
The market closed with nervous trading as copper and steel showed uneven strength. Reports of possible government price controls raised fears, while several equities fluctuated, with Anaconda and other majors ranging from losses to modest gains.
Real estate dealers report values steady with little activity over the past week. Demand for rentals rises as workers seek other towns, while few homes are offered for sale. Building continues upward with new bungalows and apartments, and downtown stores are being replaced by fireproof structures. Building permits list multiple homes and alterations in Butte as labor shifts affect the market.
Chicago market notes show wheat held near steady as talks of U S Canada export coordination influenced prices. Corn eased on favorable crop views while oats and hog futures fell. later receipts and cattle and sheep data indicated overall weakness in late trading.
A garbled OCR snippet lists Eastern clothing terms and prices such as Territory Fine staple and fine clothing with varied amounts. It mentions halves, combing items, blood combing, and multiple price entries with inconsistencies. The readable data is limited to assorted apparel terms and numeric values without a coherent article context.
May copper output shows a broad rise across companies. C H Copper Company produced 19,363,866 pounds, Nevada Consolidated 1,430,880 pounds, Ray Consol 6,727,192 pounds, and China Copper 7,000 pounds, with April and March figures providing context for the month’s gains.
Wall Street closed with sharp rallies after a volatile session as rails and motors weakened while steel and equipment shares led a belated recovery on price adjustment reports. United States Steel rose to near its high, with mixed results across copper, shipping, and other sectors. Minneapolis wheat futures eased with July at 2.17 and September at 1.71, amid receipts of 103 cars and several price points across wheat and corn markets.
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