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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 16, 1921

Page

7

Wheat market buoyed by export demand and crop fears

Wheat surged on export business totaling about 5 million bushels in 48 hours, closing unsettled but higher. March and May futures advanced, with corn and oats also gaining amid weaker hogs and lean receipts. Oklahoma crop damage from grasshoppers cited as a risk, while Argentina rumors prompted some bear pressure. Prices ranged with No 2 red wheat at 1.55 percent, corn 65 cents, oats 42 to 43 cents, and lard around 11 dollars per hundredweight.

Associated Press Chicago Oklahoma New York

Stock Market Recovers From Fortnight Low Mood At New York

At the New York Stock Exchange March 16 the market showed a clear shift from the last fortnight's gloom. Short sellers covered amid organized support in solid issues, with notable gains in late trading led by United States Steel and Southern Pacific. Atlantic Gulf and General Asphalt dragged early, while total sales reached 9.35 million dollars par value.

Associated Press New York Shorts Atlantic Gulf General Asphalt United Fruit Crucible Steel United States Steel Southern Pacific London Paris

Mining activity advances in Mineral county Montana districts

In Mineral county Montana mining leads regional industry with copper lead and silver values. Superior ships ore from Iron Mountain mine three miles from town, operated by leasers. Day interests of Wallace Idaho expanding holdings in Saltese district suggesting early development. Minerals Separation North American sues Utah Copper Ray Consolidated Chino Hercules and related groups over oil and solution patents seeking damages. Bryan Mining prepares to resume near Saltese with new equipment and power line. Chicago-Boston property shows two feet of high grade silver lead ore in Coeur d Alenes.

Superior Mineral County Mont Iron Mountain Wallace Idaho Saltese Bis Town Utah Copper Ray Consolidated Chino Arizona Hercules Ray Hercules Copper Companies Minerals Separation North American Corporation Boston News Bureau Minerals Separation Company Minerals Separation Supreme Court Miami Copper Company Court of Appeals For District of Philadelphia Bryan Mining Company Taft Montana Power Company Milwaukee Railroad Bryan Chicago-Boston Coeur d'Alenes Callahan Zinc- Lead Company

Minneapolis Wheat and Grain Prices Reported

Associated Press dispatch from Minneapolis on March 15 shows wheat receipts at 219 cars versus 138 yesterday. Cash prices for No 1 northern wheat ranged around 1.57 to 1.62, March 1.41, May 1.41. Corn No 8 yellow 0.64 to 0.55, oats No 3 white 0.47 to 0.67, rye No 2 1.36 to 1.30, flax No 2 around 1.72. Flour down about 20 to 25 cents, family patents quoted 8.50 to 8.75 per barrel in 98-pound sacks. Shipments totaled 38,977 barrels with bran at 23.

Midvale Steel Missouri Pacific Montana Power Ats H. & H Northern Pacinie Nova Scotia Steel Pan-Am. Pet Pennsylvania Pierce-Arrow Pittsburg Eeee Pond Creek Pr. Steel Car Cere Ry. Steel Springs Stromberg Carb Studebaker Co Superior Steel Tennessee Copper Texas Texas & Pacific Union Oil Union Pacific United Allo Steel United Heilbronner Western Union Westin House Alaska Wilson & Co Willys-Overland Worthington Sumatra Liberty Pap. Pfd Int. Corp York C Allis. Chalmers Sane Butte Stock Exchange Ee Am Lauzier-Wolcott Cascade Atchison Wright Peerless Baldwin Beth. Steel B Bankers Federal Cieeeewee Burke Oil Wyo Glenrockee Butte & Upton Ewnnee Metro Pet Oees Chile Copper Midwest Refining Qpeakee Collins Midwest Oi Dillon O Seree Colorado UG Ee Northwest Sear Okmulgee Sapulpa Sequoyah Great Western Sneer Columbus Greybult & Montana Calif Simms Kansas-Montana Cerro Dé Paseo Ceess Kinne Columbus Gas Omar Ryan Reer Ween Eee Mike Henry Boone Ce Ontana Can. Zo Erie Montana G. N Ro & Zee Erneetee Goodrich Nipissing Raeveee Attenee Haske Barker A & Eeatner Willow Creek H & L. Pfd Lauzier- Walcott Company Interborough Con Harvester Canada Marine We. Pte Viree National Miami Copper Gadsden Oston Copp causier-Welcot Company Ventura Ereeeerenes Aes Agvoenlufc Eeeere Ahmeek Allouezt Butte & Balisklave Calumet & Hecla Centennial Victoria Eeeeneeee Winona Wolverine the Associated Press Minneapolis

Gossip From the Brokers in Heilbronner Market Review

The New York Herald reports the copper market shows little upside unless production is cut. First two months annual output 100–105 million pounds monthly. January deliveries 100 million pounds with 5 million pound surplus. February about 75 million pounds with total two‑month surplus near 30 million pounds. Carryover about 900 million pounds. Rails stay firm. London notes a Great Britain Russia accord expected. labor disputes loom. Oil market weak, Mexican Petroleum pressure. Atlantic Gulf and Standard Oil moves in Mexico. Copper remains scarce with producers holding at 12.5 cents. domestic electrolytic copper priced at 12.4 cents per pound for prompt and March.

Heilbronner Market Review New York Herald Daily Metal Reporter London Central News Russia Great Britain Chicago George A. Ellis FB. F. Hutton & Co Bears Lauzier-Wolcott Mining and Statistical Department Galveston Texas Mexican Petroleum Atlantic Gulf Standard Oil Company Mexico

Market Snapshot of Foreign Exchange and Time Loans

New York report notes prime mercantile paper at 7 percent with irregular exchange and sterling demand at 3.89 percent. Time loans for 60 and 90 days and six months remain steady with rates around 6.42 to 7 percent.

The Associated Press New York Prime Mercantile

Butte Invited to Chicago Show by Mining Group

Mining men from Butte were invited by John T. Burns to send a Butte exhibit to the national mining show in Chicago October 17 to 22. Attendees included C. H. Clapp, Charles Bocking, Senator W. C. Muffley, George Fowler, and J. L. Bruce. Burns urged action and optimism to back industrial revival as Alaska, Canada, and Mexico plan representation. he then departed for Salt Lake City.

Butte John T. Burns American Mining Congress Chicago Silver Bow Club C. H. Clapp School of Mines Charles Bocking The Mining Congress W. C. Muffley Winston Mr. Burns Salt Lake City

Livestock Prices and Slower Trade Report Chicago Market

Livestock receipts at Chicago show cattle 12 000 head with slow demand and weak undertone. Hogs down 25 to 60 cents from yesterday, tops near 11.30 with bulk 200 pounds around 10 75 to 11 15. Sheep receipts 22 000 with opening slow and lambs 10 50 early, bulk fat lambs 9 50 to 10 10.

Associated Press Chicago

Omaha Market Report Shows Mixed Receipts and Shifts

Omaha market notes for March 15 report hog receipts at 12,000 with uneven demand. Early shippers paid 10c to 26c higher for medium and light butchers, later trends down 10c to 25¢. Bulk weights around 250 pounds and up average $9.50 to $10.50, top $10.75. Cattle receipts at 7,000 with steady beef steers but weakness to 26c lower. top steers $9.65. Sheep receipts 9,000 with strong light lambs and grocer buy decks at $9.75 to $10.85. ewes steady at $5.90.

Omaha The Associated Press

Market Report from Spokane Livestock Receipts

Hogs receipts 62 with market strong to steady and prime hog quotations unchanged. Cattle receipts 36 with market steady and quotations unchanged. Sheep receipts 11 with market steady and prime lambs at 7.50 to 8.50 and others unchanged.

The Associated Press Spokane

Cattle and Hog Prices Edge Lower in South St Paul Market

United States Bureau of Markets reports South St Paul cattle receipts at 65 300 with a mixed, mostly steady to weak market. Large lots of beef steers bring 7.88 to 9.25, cows and heifers 4.50 to 7. Canners and cutters 2.50 to 4. Bologna bulls around 4.25. Hogs receipts 11 500 easy market 25c lower, range 8.50 to 10.65, bulk 9.60 to 10.60. Sheep receipts 500 slow to weak with lambs 6.65 to 9.50 and ewes 5.50 to 6.75.

The Associated Press United States Bureau of Markets South ST. Paul

Sheridan News Notes Highlights Local Deaths and Weddings

Charles Bartruff died in Butte and was buried in Virginia City after funeral services in Sheridan. Mrs. J. M. Maddison and others visited relatives in Butte. Frank Jackson and Leona Mallender wed at the bridegroom’s sister home with Rev. Cunningham officiating. The couple left for Butte on the afternoon train. A tin shower honored Leona Mallender. Community groups met including the Ladies Aid and Episcopal Guild. Don Hermsmeyer shipped oats at 1.60 per hundred. A. J. Halse celebrated twenty-fifth wedding anniversary with friends. Mrs. Munson’s hospitalization was reported improving.

Myron Cunningham Ladies’ Aid Society Amelia Rightnour Schowe Episcopal Guild Don Hermsmeyer A. J. Halse James Munson Butte E. D. Marsh Frank Jackson Leona Mallender Edna Hill Hildred Dorthea Marsh Vaneta Hazel Cheney Mary Bingham Helen Schmittroth Esther

Dan F Shea for Police Judge in Butte

Dan F Shea announces candidacy on the Democratic ticket for police magistrate in Butte Montana. He notes his blindness while stressing honesty courage learning and integrity and pledges to apply the law impartially without favors. Paid for and circulated by Dan F Shea 1034 Waukesha St. Butte.

Dan F. Shea Butte State School For the Boulder Mont Butte Business College Silver Bow Dan Shea Waukesha St Butte, Montana

Local Notes Include Names Illness And Speech

Miss Elizabeth Gersh has been ill this week. The Rev Mr Smith of Twin Belden is spending a few days here with friends. Louisiana is to have a bird and game refuge 75 miles long and 7 miles wide. Thumb prints for identification were used by the Chinese as early as 200 B C.

Gertrue Hill Olive Danials Isabel Neylon Mrs. Rucker Glen Marsh Myron Cunningham Robert Payne Gores la Due Charles McDonald Elizabeth Gersh Mr. Smith Twin Belden Louisiana

Also Mentioned on This Page

NEW York Stock Exchange Steel Boston Curb St. Louis Ted Saly Lake Laugier-Woleort Alta-Michigan Alta Albion Columbus-Rezali Daly-West Utah Wellington NEW York Money Lauzier-Wolcott Company Anaconda Billings Statistical Department Chow Weite Daly Bank and Trust Co First National Bank of Butte Federal Reserve System Andrew J. Davis J. 8. Dutton Dr. B Stephenson George VA. Hill Andrew J. Davis Jr W. J. Forsythe Sheridan News Notes United States Northern Pac Chesapeake & Ohio Great Northern Kansas CI Southern Atchison, Southern Railway Coppers Cerro DE Pasco Inspiration Chile BAY Consolidated Greene-Cananea Kennecott Heilbronner Company E. Park W. A Clare J. Boss Clarke W. A. Clark & Bro Alex 2. Johnston Ee Butts
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