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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Mar 27, 1912
Page
5
Mixed stock market activity with slight reaction to liqudation and a late recovery. Amalgamated posts a regular dividend of 0 cents per share while investors watch wage talks and railway orders. new york and london trading noted as steady amid cautious sentiment and expectations of steel and copper shifts.
Dunean Alaska March 26 Juneau land office has filed charges against claimants including Rathbone Clarke George TH Win and others. The claims allege good faith was compromised by an unlawful agreement tied to a sale and location. Wardell Waydell claimants adjoining Cannes ham claims face forfeiture for false waivers and lack of proof of valid location. United States commissioner at Waalaa Alaska, and associates of Timer at One of Ethng, Wyn Minere Savings Bank and Treat Company referenced.
The Corbin Copper company reports ore development in the Bonanza tunnel with a vein 1 to 5 feet wide and 0 to 3 feet quartz showing silver and copper. Current production runs 8 to 15 tons daily, assaying 15 ounces silver and 7 percent copper, shipped to the Hast Melenn smelter. A new Verde smelter is planned within two years with 60 to 70 ton daily capacity, replacing Jerome operations. Amalgamated notes in New York include a proposed swap of two Amalgamated shares for one Anaconda share, as Anaconda anticipates higher prosperity ahead.
Amalgamated Copper Company faces possible dissolution as stock markets highlight strong earnings from Amalgamated and Anaconda. Reports show improved mine equipment and lower costs, with assets and liabilities outlined and notes maturing through 1913. The outlook suggests dividends may rise, but a full corporate break-up could occur, affecting Amalgamated stockholders.
The article discusses a complex plan involving United Metals and Anaconda, noting cash and cash assets versus 40,000 shares of International Smoking, plus a large demand for topper. It cites the IL report dated Dec 21 1910 showing 14,786,508 in copper, silver and gold, and analyzes how market conditions may affect carrying amounts and future metal prices. It mentions Amalgamated as a potential buyer with apparent reasons to purchase.
Chicago markets report firmer close led by higher wheat and hog products. May wheat traded around 1.0254 to 1.0286, corn and oats also firm amid bullish demand, while flour prices jumped in California and news of unfavorable shipping weather supported grain strength. Livestock receipts showed steady to higher values with pigs and cattle trading broadly steady to firm.
The report notes a softening trend in domestic wool trade with leniency in price expectations in key western markets including Avon Montana and California. Buyers show limited interest, with scattered references to textiles and garments such as fine clothing and various combing products, amid uncertain demand.
Fragmented OCR item lists land totals and sales dates for multiple regions including West Australia Tasmania New Zealand and Cape of Good Hope and Natal with figures for bales belts and stock. It also notes opening dates for further sales in July September and November plus various commodity prices for wheat cash corn oats rye and livestock markets in Portland Castle Reed and other locations with irregular punctuation and incomplete names.
Marysville Missouri reports the hanging of Mareh it-lex Rasto for the Hubbell family murders near Guilford. Evidence cited includes a shoe heel print and bloodhound trail. The Supreme Court upheld the conviction as authorities denied mercy and Governor Hadley did not intervene.
fragmentary report from Olympia Washington outlining a governor a reward for capture of a hermit associated with a murder. text mentions deputies and county officials, unclear names and places due to OCR errors.
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