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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Mar 27, 1912
Page
22
The advertisement promotes cut glass as a quality gift with etched names on every piece. It highlights affordable pricing and the ability to supply individual items from one piece upward. Featured items include five inch berry bowls for five dollars and cream and sugar sets from four pounds five pence.
The stock market shows a slight reaction with copper shares opening and closing near the same figures. Amalgamated Copper rises to 0.80 and 0.79, while North Butte stays firm. a dividend of 5 cents is declared by Anaconda. The market recovers toward the close as investors assess copper group prospects and broader industrial shares.
Copper mining report notes veins opened at Corbin mine reaching East Butte smelter. Workers and crews coordinate extraction amid ongoing operations. No injuries reported, and production targets remain unchanged.
The Corbin Copper company shows 1911 expenses of 72 467 against 74 948 the prior year with a large asset base and strong copper and silver drill results. Superintendent T A Warden notes vein intercepts 40 feet long in Bonanza and 18 inch ore in Rosalie with 15 ounces silver and 7 per cent copper. Anticipated opening of ore bodies and expansion of mining output accompany talk of Amalgamated likely dissolution and stockholder benefits from Anaconda holdings and United Metals milestones.
The Juneau land office warned Ss J Barber J R Rogers FE House and J G Mack locators of Rathbone group coal claims that charges allege filing in bad faith and under an unlawful agreement with E J Rathbone G Clarke George H Hill Fred B Stanley H L Pittock and Anglo American Oil and Coal Co The Wardell claims adjoining Cunningham in the Bering River field face forfeiture for failure to open and improve The charges affect residents of Portland Ore and Juneau Alaska and Katalla commissioner G C Britton was notified of a similar charge
The Miners Savings Bank and Trust company acts as a United States depository for postal savings funds and offers accounts that pay 4 percent interest.
The article notes United Metals paid 12.606 million with Anaconda receiving cash except for 40,000 International Smelting shares. It cites 214,736,503 in copper, silver and gold on hand as of Dec 31 1910 and expects copper demand to cut carrying costs. It also points to favorable metal market outlook and reasons for Amalgamated buying.
Wheat prices climbed as export sales and crop damage fears boosted bullish sentiment. Corn and oats gained with late seeding and reduced wheat stocks in Liverpool underpinning gains. May wheat closed around $1.08 and corn near 72 cents, with pork and lard futures also higher. Cash rye and seeds noted alongside grain price moves.
Chicago on March 26 reports cattle receipts at 4.00 market steady with ranges per beast from 4.60 to 8.75 for Texas steers and calves. Hogs receipts at 14 000 and market quiet with light at 7.50 to 7.60 and pigs at 5.20 to 7.15. Sheep receipts 17 000 and market steady with natives 3.90 to 5.85 and western 4.40 to 6. etc.
Chicago markets show butter steady with creamery quotes at 27 to 30 cents and daisies at 23 to 27 cents. Eges steady, receipts total 10 925 cases, including firsts at 19 and 20 cents, prime firsts at 2 cents. Cheese steady with daisies at 1 dollar 4 19 cents and young Americas at 18 to 19 cents.
Boston on March 26 reports featureless domestic wool trading except for valleys with a downward tendency. Buyers are said to offer 18c for Montana. Quotations cover Texas fine and fall types, California Northern and Southern grades, Oregon staples, and various western territories with prices ranging from about 42c to 68c per pound in different lots and qualities.
London on March 26 reports the wool listing for the second series closing today. New South Wales shows 61,000 bales in the stock, with Queensland and other regions contributing to the totals. The tally outlines early demand and supply expectations for the campaign.
The ledger lists 235000 bales Australian and 198000 Cape of Good Hope and Natal forwarded to spinners, leaving 2300 bales for sale including 1000 old stock. Opening dates for the remaining sales are Third series July 2, Fourth series September 24, and Fifth series November 26.
On March 26 in Minneapolis the May wheat closed at 1.07% per bushel, July at 1.08%, and September at 1.01%. Cash wheat listed No. 1 hard at 1.04, No. 1 northern 1.08% others at 1.065 to 1.04. Tlax at 2.10. Corn No. 2 yellow 70 7%4c. Oats No. 3 white 52 52%ec. Rye No. 2 8e. Bran in 1%-pound sacks 26.25 to 60.
Portland market notes cattle receipts at 100 with firm tone. Prices show choice steers 6.50 to 6.60, good 6.25 to 6.40, medium 4.00 to 4.62, cows 4.00 to 5.50, calves 5.10 to 8.00, bulls 4.25 to 5.00, stags 4.00 to 6.50. Hog receipts 400 firm with lights 7.25 to 7.75, heavies 6.00 to 6.76. Sheep none. lambs 5.10 to 6.26, ewes 4.50 to 4.75.
Marysville Mo March 26 Hez Rasco murderer of the Hubbell family of four was hanged in the county jail yard this morning Rasco proclaimed his innocence on the scaffold and read the twenty first psalm The crime involved the murder of Mr and Mrs Oda Hubbell and their two children near Guilford Mo on Nov 20 1910 and setting the house on fire Bloodhounds traced a scent to Rasco in his father's home and a blood stained pair of overalls was found A shoe heel print matching Rasco's was noted The motive given was recovering money Hubbell won from him in a poker game Conviction rested on circumstantial evidence alibi ruined by a hunter witness Supreme Court upheld the verdict Governor Hadley declined to intervene Rasco later served time for killing a woman with a stove lid and confessed to stealing a horse
Governor Hay announced a $1000 reward for John Tornow the hermit accused of killing the Bauer twins and deputies A V Elmer and Colin McKeagief Chehalis county Tornow is said to be hiding in the Olympia peninsula wilderness.
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