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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Mar 13, 1920

Page

14

Markets and Mining News Reflect Sale Pressure

Markets in Chicago show heavy selling and nervous closes as corn and oats trade amid weather and supply concerns. Prices drift with oats and hogs seen with limited demand from packers, while butter and poultry margins shift. Minneapolis grain receipts rise with cash demand noted amid unsettled markets.

Chicago Renee Italy Great Britain

Livestock price mixed across Chicago and Spokane markets

Chicago hogs and cattle show varied quotes with prime and choice grades listed from $9.60 to $14.60 for hogs and $9.00 to $13.00 for cattle. Spokane reports similar activity with hogs up to $1.75 and fat cattle rising, while credit men from multiple western states attend the Northwest Wholesale Credit Men's Association convention in Spokane.

Spokane Cme Spokane, Mareh Washington Oregon Montana Idaho Northwest Wholesale Credit A. K. Matzger Seattle W. B. Layton Portland Hugh B. Clark Tacoma

Market News Mixed as Stocks Rally and Slump

The New York stock market opened with a tentative rally driven by hopes for tax timing relief and strong industrials, then retreated as money flow tightened. General Motors surged early, Crucible Steel rose briefly before giving back gains, and transportation stocks slumped in late trading amid rising interest rates and wavering foreign exchange dynamics.

York Stock Exchange Soares New York

Call Money Rises to Fifteen Percent in New York Market

New York traders watched call money surge to 15 percent after opening at 8 and sliding to 7, dragging down the market. Industrials sagged, with General Motors Mexican Petroleum United States Steel United States Rubber Baldwin and Equipment showing declines as coppers held and a slow trading day persisted. Time loans offered at 9 percent, with select stocks like Texas Pacific and Southern Pacific showing movement amid cautious banking sentiment.

Heilbronner Company New York General Motors Mexican Petroleum United States Steel Common United States Rubber Baldwin Southern Pacific Texas Pacific Fracible

Silver Pick Mining reopens Julian mine at Elliston after price surge

The Julian mine at Elliston, closed as silver fell to 48 cents, has been reopened by the Silver Pick Mining company led by Buttemen. Hugh Daly visited the property this week and reported good conditions. Unwatering is complete and sinking from 300 to 400 feet continues with new machinery installed. From 1910 to 1914 the mine produced over 300,000 in silver ore, with recent shipments to East Helena and Washoe smelters. Current assays show about 119 per ton with 54 oz silver, 4 percent copper, 8 percent lead, and $10 gold. A 20-man crew is employed. nearby Monarch and Big Dick properties also operate sizable crews.

Julian Elliston Pick’ Mining Company East Helena Washoe Monarch Big Dick Daly

Liverpool mine shows rich ore near Helena in Lump Gulch

Ore assaying from $100 to $800 per ton has been uncovered in the Liverpool mine in the Lump Gulch district near Helena. The new ore is four to eight feet wide, explored 90 feet, in virgin ground and separate from old workings. Shaft releveling from 755 to 800 feet planned. Simons says 30 tons daily production is expected to rise as crews grow. Sliver King Mining else reports progress at Jawbone mine with a 100-foot crosscut and extensive ore in sight. A large will of Capt. Clifford Bleyer in Chicago is valued around $500,000 with a $75,000 life policy.

Liverpool Lump ‘Gulch Helena Charles Fryberger Harry Simons Detroit Simons Sliver King Mining ‘and Reduction Hassel Broadwater County Montana Mining Association of Helnea

Also Mentioned on This Page

Minneapolis Grain Minneapolis cHrcaco Stemiz South Vr. Paul Soumn St Paul Moxey New, York Mercantile France METAL Liberty Victory NEW York Stock Exchange Maren International New York City London Motors Olla Crucible Steel Liberty Group United States Hik Basin Consolidated Petroleum Theutual Company Union Pacific National Bank Internationa'l Qsy Heverine Versailles Germany Harding Reserve Bureau Houston Westingnome White “Motors Wwerland Worthington Public Service Nixon New York & Richmond Gas” Company Navy Consolidated Gas + company DAK Sha ‘Oronner Company Ashe Alaska Ste Soo Sumatra Lineas Brug Wooten Beth Ee Ies Baltimoy Ohio Esno Bosch Masneta Anzno Brooklyn Beth’ Motor Chesapeake Asisno Shine Colorado Neal Cady Columbia Calif Cerro ‘de Vases Columbus Gas Pea Erte Tisk Fisk General “Electric General & N Govarien le Barker Iss Kennecott Co Elly Springfeld Maxwell Petrole Motors Mianer Iy Midvate Steel Missouri Paci Montana Power Eio Pond Creek Coal Steel Caria Iy Hay Irom and Stiby Shattuck Arix Td Sinclair Retian San Elom Uyagin Routhern Pacific Southern Railway United Pratta Saan United San Sm Ann Steel U Steel Conner A Vacar Chemicals Hipx Av Sxex Liberty Liberty Heilbronner Askea Aetna Ledonia Fedonia Calumet Jerome Canada Arizona Gurtien Hike “Basin Fe Federal Fire National Asphi Glenrock Heela Herentes Houston Hollinger Howe Sound Marcon Mason” V McKinteysbar Merritt Midwest Pal Peetlens Berfeetion Benn Ray i Reiilen Att Creek Sapulpa Stanton Stewart Mining Success Sahm Bingham Mines Garson HL Ant Butte Utah Victoria Holbronner Bohemia Aska Butte Miami Boston Butte Stock Exchange Sarnes Kinge N Plutus Hutte Ramsdel Dai Douglas Base Astedonia Wontana’ Hingham Solorado Solumbus Itex Hlueksti Bisom & Keystons U Nailu Michigan Brutus Prince Goa Reed Mines and Mining Commonwealth Mining Company Hayden Lake Clyde H. Williams Williams Beir Bay Statistical Department THE East Broadway Cotion Great Western Oil CO Arthur B. Puerner Leighton Miles City Mont Hennessy Daly Eee and Trust General Banking Charles J. Kelly John Bryan Swin Horne W.crae Ahier Stabler Saanter Clifford Bleyer Ruth Randall Iis JAS Finlen Geritix Jon HD Blair Aster Wisttent First National Bank Sytem Andrew J. Davis George Hill Pee Andrew Davis Candler Forsythe Kubre Jock Great Western Oil Company Aavt Arthur Puerner TAR “Clark & Bro Butte Daly Bank P. M'Gaw
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