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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Mar 03, 1920
Page
14
Chicago and Minneapolis market desks report corn futures rising as new estimates indicate heavy winter use on farms. Prices firm across grains with oats and provisions also aided by strong clerks and warehouse data. Receipts declined, supporting higher bid ranges. details mention various grades and regional activity for March.
LIVESTOCK market figures show receipts and price ranges for cattle hogs and sheep. Receipts at markets like South St Paul and South Stretch indicate steady to strong demand with fat steers at varying quotes and prime lambs and vealers noted, while bonds and metal prices also appear in the same column.
New York March 2 The stock exchange showed extreme dullness and hesitation as traders largely ignored the Supreme Court ruling in the United States steel trust case and the railway bill terms. Volume was light the narrowest in weeks with strength centered in high grade issues like motors oils leathers and textiles. Bond and money markets were steady with Liberty and Victory bonds rallying while other bonds drifted. Pound sterling rose to 2.45% and American Locomotive and Standard Oil earnings contrasted with Ohio Cities Gas dividend changes.
The market today is a professional affair with little advance expected until credit improves and taxes rise, prompting more selling. West Virginia Senate refused to ratify the national suffrage amendment 14 to 11, with a recanting vote by Senator Harvey Wer.
The Heilbronner Co notes copper stocks show large short interest yet copper insiders are not heavy sellers. High money rates push stocks from outside into the market, urging discrimination in selecting Industrial list buys. Afterwar adjustments persist, with money not improving soon and corporations with large inventories facing bear targets.
A feature notes the Maryland hull expected to arrive March 20 at Newport News. The ship is described as the largest yet, at 600 feet long and 97 feet wide, with a displacement of 6000 tons and eight 18 inch main guns, marking a milestone in naval strength. Additionally Philadelphia editor John J. formsen of the Catholic Stand and Times dies after a long illness.
Governor Edwards today signed a liquor bill allowing manufacture and sale after peace with Germany is proclaimed, permitting beverages with 3.5 percent alcohol by volume. The measure passed in the legislature yesterday as Tulsa oil buyers announce a 25 cent crude oil price rise led by Sinclair, Olgas Company.
Two men, Mary Rey Ste, Ua, and Chester W. Clark, pleaded guilty to robbery and were sent to San Quentin prison for indeterminate terms of one to fourteen years. They were sentenced late yesterday.
West Plains Mo March 2 Republicans of the Fourteenth congressional district named two delegates to the national convention in Chicago in June. They were unind structed, but resolutions expressed belief that sentiment in the district favors Governor Lowden of Illinois.
In Idaho near Wallace, Anaconda Mining cuts a 1000-foot level station on the Orphan Grit property and plans crosscutting to the Anglo-Saxon vein within a week or ten days. The vein was opened at the 600-foot level showing about 30 feet width and roughly 14 ounces per ton silver. development on Iron King Mining property resumes with A P Reinsardt in charge as work continues amid prior idle periods. New operations, machinery, and a 10-man crew are slated, with reports of galena on surface and ore indications in shafts, while nearby properties, liens, and reorganizations shape the copper mining scene.
Hearings set before Senate Banking and Currency on Smith Fletcher reclamation bill with funding via a special bond issue. Attendees include C J Owen George R Maxwell and D Ross as witnesses. bill referred to committee covering financing and fiscal plan. Interstate Commerce panel to begin March 19 on truth in fabric bill for woolen fabrics identifying virgin wool blends and fiber content.
A special board of investigation reports charges of immorality and lax discipline among inmates at the Portsmouth naval prison in New Hampshire were found to be lacking foundation. The findings, released by Assistant Secretary, detail the board’s conclusions and ongoing attention to prison conduct and oversight.
A Rotary board report upholds Commander Thomas Mott Osborne's administration. It finds allegations against his leadership rely on hearsay and unrest. Also dated from London Peace Conference, the Latvian nation announces a statement concerning Russian events.
Washington March 2 Representatives of the American Legion told the house ways and means committee that relief bills for former service men should not be called a government bonus Extra back pay for length of service was supported for those not seeking land settlement home building or vocational training Franklin D'Oller national commander argued that 3 000 000 veterans believe the government owes an obligation to all who came home disabled and financially burdened
The former German passenger steamship Moccasin, recently back from a South American trip, sank today at a Brooklyn pier. Munson Line officers do not know the cause as wreckers begin pumping and raising efforts. In Seattle, March 2, troops fired on the American steamer Delighted in Vladivostok harbor on January 2 while unloading rifles. The vessel arrived with its superstructure scarred by bullets.
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