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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Mar 03, 1921
Page
8
Markets report upturn in wheat prices driven by general buying amid talk of strained European politics. Opening quotes showed increases from 1 to 2 percent, with March and May futures edging higher before a partial retracement. Prices closed unsettled, with March around 1.5 cents and May near 1.5 cents, reflecting volatility as Kansas City arrivals influenced Chicago trading.
United States Bureau of Markets reported March 2 sales with 6,000 receipts. Market mostly steady with beef, veal, and lamb prices listed. sheep receipts showed weakness while calves and feeders posted gains. Copper and zinc metal prices noted by Associated Press with moderate spot stability.
In New York trading March 3, the market featured a contest between bulls and bears with constructive pressure at close. Notable gains included Atlantic Gulf Baldwin Locomotive Crucible Steel Mexican Petroleum and Tobacco Products along with Kansas City Southern. Turnover reached 475,000 shares as foreign exchange movements and the London indemnity talks influenced sentiment amid uneven domestic equities and steadier liberty issues.
Three porphyry miners Utah Copper Ray and Nevada Consolidated report 1920 results with little federal tax worry. Utah Copper produced 104,616,988 pounds copper at 13.5 cents per pound, paying dividends of 6 per share. Bay Consolidated earned 1 cent per share on 1,617,000 shares with 1 dividend, Nevada Consolidated posted a loss of 678,000 dollars. Free Coinage mine at East Helena ships silver ore. Little Nell and Mammoth mines push sinking and drifting. Black Bear area ore bodies supply a 50-ton mill for three years. Supreme Court rules against Conkling Mining in ore body rights dispute over the Silver King Coalition claim.
European politics and the Rhine invasion threat sent steel and grain markets churning with price shifts. Copper and copper shares show mixed moves while sugar and lead weaken. rumors swirl about Northern Pacific and possible asset segregation. dividends declared by Westinghouse Elec and Lorillard buoy some equities.
Three Forks March 2. Articles of incorporation filed in Bozeman form Ruby Ridge Oil Company with capital of 120 000. Mrs M M McCulloch of Three Forks promotes the venture aided by local investors and experts. The tract lies about one and a half miles south of Three Forks. drilling is planned within ten days on section 11.
Sheriff Dan Mooney and Under Sheriff Ross seized a 4 30 gallon still near the Big Hole river opposite Maiden Rock yesterday afternoon. The operator John Howe, a Melrose resident, and seven barrels of mash were taken. the still was warm on seizure. Howe pleaded guilty before Judge Farnsworth, bond set at 250 dollars, which he could not furnish. The raid was the county’s fifth liquor seizure in the past month.
Dillon March 2 Aliss Phyllis Martha Evans daughter of Mr and Mrs J D Evans married Thomas Lee McCracken of this city at the bride’s home the Rev Mr Smith of the Methodist church officiated Bridesmaid Miss Thora Sisson of Townsend Best man McCracken of Deer Lodge is a former Dillon resident and WWI veteran The couple left for Armstead then Salt Lake and will live in Burflend apartments after April 1
Bozeman March 2 Ray Foto way longtime Bozeman businessman, now in Chicago as Western Woolgrowers association sales manager, notes the Montana wool cloth venture. The association makes cloth from Montana wool guaranteed as American virgin wool with no shoddy. Cloth is used for suits and ready to wear plans loom, expanding Montana’s staple market and benefiting the public.
Lewistown notes report Knights of Pythias and Odd Fellows converting the second floor of their building into offices to meet demand from oil activity. A Valentine woman Mrs M Gallowas was thrown from a car north of town and injured. Mrs Lillie Bassett, 75, a Forest Grove resident, died here yesterday with funeral arrangements awaiting word from Nebraska relatives.
Clarence J. La fon and Miss Frances wed in the district court office with Judge Wyckoff presiding. Dr and Mrs Noonan of Anaconda witnessed the ceremony, bouquet of sweet peas featured. couple to Salt Lake then home.
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