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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Mar 23, 1902
Page
14
New York March 22 The market saw gains in some stocks like St Paul and uneven moves in Union Pacific and Rock Island. Wheat optimism arose though leaders and bank statements influenced profit taking. Money market conditions showed lower deposits and reduced loans amid reserve changes and bond demand.
The notice lists cash quotations for flour and several grain grades such as No 2 red and No 2 oats with varied prices and percentages. It also shows ranges for hog products like mess pork and short ribs with per barrel and per hundredweight figures alongside receipted shipments totals for flour wheat corn oats rye barley and more.
A clipped stock list shows preferred shares and common stock notes from various companies. Entries include American Linseed Oil. Anaconda Mining. Continental Tobacco. General Electric. International Paper. Pacific Coast and Union Bag & Paper. Western Union. American Locomotive. and several coal, steel, and railroad interests with quoted percentages and share types.
Copper eased in demand while staying steady overall with Lake at 12 of12 and electrolytic and casting at 12e to 12c. Tin held firm amid moderate demand and no speculative activity. Lead and zinc remained steady at 4 and 4.35 respectively. Pig iron warrants quoted. Northern and Southern foundry prices ranged from 17.50 to 19.50 dollars.
New York reports this week imports of specie totaling 618 741 dollars in gold and 14 328 dollars in silver. Exports to all countries amount to 265 407 dollars in gold and 476 240 dollars in silver. Dry goods and merchandise imports valued at 10 548 390 dollars.
The Commercial Advertiser's London cablegram reports a quiet and irregular stock market with general steadiness. Floor attendance was low due to the university boat race while Consols eased to 1 3 4 percent and American shares remained idle but firm with St. Paul Atchison and Illinois Central higher yet below parity. Rio Tinto slipped to £43 per share.
The Associated Banks report for the week ending today shows loans down 7.78 million and deposits down 11.15 million. Circulation falls to 91.49 million, legal tenders drop 0.07 million, specie remains around 176.88 million with small decline, reserves slide about 2.43 million, reserve requirements ease 2.78 million, while surplus increases by 0.37 million.
Chicago markets report heavy selling and panic in the wheat pit with May wheat down to 72 1 2 cents and corn tumbling as receipts remain light. Oats also weaken while provisions stay roughly steady after an early strength, as traders react to rains in the southwest and further showers in the west and northwest.
Cattle receipts about 20 with good prime steers priced to 8.60 to 7.10, cows to 5.50, stockers up to 7.45, canners to 2.40, bulls and calves around 6 to 9. Straw forecast higher. Hog receipts around 15,000 with mixed and butcher at 6.20 to 6.55, heavy to 8.45, lights 6.46 to 6.30. Sheep receipts 3,000 with wethers 5.75, mixed 4.25 to 5, western sheep and yearlings 5.25 to 6.25, western lambs 6. (Numbers approximate from OCR)
South Omaha market notes cattle receipts at about 100 head with market steady. Native steers form the readable core of the available cattle described in the trimmed dispatch.
Receipts: 6,800 hogs with market up 10 cents. Cattle ranged from 3.50 to 5.60 for western steers and canners from 1.00 to 4.75. Hogs steady to higher. heavy 6.54 to 6.50, light 5.75 to 6.25. Sheep market steady with fed muttons around 5.0s.
Cattle receipts 100 with market unchanged. Natives and Texas steers at 6.35 to 6.70, Texas cows 3.74 to 4.50, native cows and heifers 3.25 to 6.10, stockers 23.25 to 5.25, bulls 3.25 to 4.85, calves 2.50 to 6.06. Hog receipts 2,000 up five cents. bulk sales 6.10 to 6.50, heavy around 6.00, packers 6.25 to 6.55, mids 6.36 to 6.50, lights 5.75 to 6.25, pigs 5.00 to 5.65. Sheep receipts 600, market steady. muttons 5.25 to 5.60, lambs 6.20 to 6.56, range wethers 5.25 to 5.65.
Consols for money listed at 516 with 93 percent for account. Anaconda at £6 percent, Atchison 79 percent, Atchison preferred 100. Canadian Pacific 119, bar silver 249d an ounce. Money market figures show 2 guineas per cent.
London March 22 The WOO auction offerings totaled 12 76 sales, mainly sold to home trade and the continent. Prices generally unchanged with crossbreds occasionally falling. During the series 12 6?g 4 bales were offered of which 4 500 bales were withdrawn amid firm holdings. Punta Arenas stock available. fine grades firm while low sorts eased slightly.
Washington reported a treasury statement dated March 22 with an available cash balance of 171 million 498 thousand 440 dollars and gold holdings of 90 million 816 thousand 728 dollars.
A. C. M. hires Livingston baseball standout Bar ney, with expectations of strong performance next season. Will C. Simpson resigns from Northern Pacific shops to take up work in Anaconda. Mrs. W. Chadbourne and others from Seattle Winona visit. R. F. McLaren and family head to Minneapolis and Chicago for a two to three week trip. Trainmaster D Boyle and conductors Madden and German attend a damage suit case in Butte.
Partial OCR records show John R. Bapty an assayer at 119 Hamilton street Butte and Thos Buggy an assayer and chemist at 430 North Main. Also private home for ladies during confinement operated by Mrs Watmer a graduate midwife at 109 Dakota Street Butte.
Bozeman society notes cover March activities at the college and surrounding homes. Descriptions include the State Housekeepers society demonstrations by Miss Harkins and students, junior guests hosted by Miss Polly Davidson, and various social visits with refreshments. Local clubs host whist, lectures, birthday party, and St Patrick s day programs with multiple residents noted.
Executor offers 4000 shares of LUCKY DIME and 2700 shares of GLADYS OF GALVESTON for sale. Holdings held for distribution and priced at 9 cents per share. Interested parties address EXECUTOR care of ED MCARTHY Banker Galveston Texas.
A timetable note states a connection at Silver Bow with the Oregon Short Line scheduled for 3:00 p.m. The detail implies coordinated transfer times for passengers or freight matching the era’s railroad operations.
A series of notable arrivals and departures mark the week. City leaders and academics traveled between Helena Bozeman and Butte while industry and railroad officials changed posts. Regular residents and visitors from Vancouver San Diego and Whitehall were noted in schedules and social rounds.
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