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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 03, 1902
Page
3
A compact summary of the day’s global markets detailing currency shifts, stock activity, and notable commodities moves across major exchanges. Traders weigh economic data, corporate results, and policy signals shaping risk sentiment and investment flows.
The New York stock and bond markets sank as money supply tightened and speculative pools inflated values earlier. Banks faced nearly $3,000,000 expected losses despite interior balance receipts, with a 10 percent high rate and heavy June-like obligations on steamship merger subscriptions and United States Steel underwriting.
Advertises multiple properties with cash and balance terms on Delaware South Main Lawn Avenue West Quartz Street. Mentions seven room brick model home and three room frame cottages plus lots and building sites. Includes note of exceptional high-rate loans available.
The report lists rail bonds and preferreds from major lines such as St. Louis and Western and Union Pacific, followed by a commodities section. Copper, lead, zinc and iron prices moved, with copper steady near prior close in New York and London.
Money on call quoted 6 1 4 per cent with offerings closed at 6 3 4. Sterling exchange steady with bankers bills around 4.877 for demand and 4.854 for sight. Commercial bills near 4.544 and 4.8 per cent. government bonds steady. state bonds inactive. railroad bonds weak.
The Commercial Advertiser's London cablegram notes restricted trading yet a cheerful peace outlook. Consols gain about 8 points while Americans open about 44 above parity and stay steady. Louisville & Nashville and Rio Tinto move modestly, Canadian Pacific falls on profit taking, and silver remains dull near low levels.
Chicago stockyards trading data shows cattle receipts around 1,000 with steady tone. Hogs receipts 18,000 with slight rise expected. mixed and butchers 6.75 to 7.30, best heavy 7.10 to 7.30. Sheep receipts 4,000 with lambs weak and wethers 10.60 to 16.20 as Western and native lambs range 4.75 to 6.60.
Cash quotations show flour steady and cereals mixed with No 2 red wheat at 4c and No 2 yellow corn at 62c. Barley and flaxseed priced, pork and lard values listed, with outlet figures for shipments of flour, wheat, and corn alongside oats rye barley.
South Omaha May 2 cattle receipts 600. Market active and stronger. Native steers bring 5 to 6.75 dollars, cows and heifers 3.75 to 5.75, western steers 4.75 to 5.75, Texas unspecified.
Receipts show steers at about $4.50 to $5.50 and canners near $1.75 to $4. Hulls, stags, and stockers range around $2.10. Hog figures include receipts around $7.00 to $7.25, with pigs $5.00 to $6.10 and bulk sales near $6.00 to $7.10. Sheep receipts about 2100 with fed muttons $5.75 to $6.25 and lambs $4.75 to $7.00. Market described as steady overall.
Cattle receipts 1000 with market steady. Native steers 7.30 Texas and Indian steers 3.60 to 6.00. Texas cows 2.60 to 5.10, native cows and heifers 2.0 to 6.45. Peco and feeders 2.50 to 5.60, bulls 7.15, calves 3.25 to 5.80. Hogs receipts 6. Market values 6.05 to 7.40, packers 7.10 to 7.30, heavies 7.16 to 7.40, mediums 7.10 to 7.25, lights 6.65 to 7.15, pigs at 7.15. Sheep receipts 2. Market steady to strong. Muttons 4.50 to 6.30, lambs 5.40, wethers 4.95 to 6.20, ewes 4.00 to 0.??
The text lists multiple mineral sources and values such as Copper Range and Dominion with percentage figures. It mentions places like Calumet Trinity Utah and states United States and Utah. It appears as a scan of an ore or mining table with percentages like 17 percent 20 percent and 9 percent alongside vague references to coal and gas. The passage is disjointed with many garbled terms.
London market report lists Consols for money at 94 13 16 and Consols for account at 94 1 16 with other figures for Anaconda and Atchison shares, Canadian Pacific at 28 7 8, reflecting mixed trading in early May.
Washington May 2 statement lists available cash balance 11 412 670 and gold holdings 91 914 936 as of today. The figures reflect the government's liquid assets and gold reserve.
Venice May 2 In an interview United States cruiser Chicago officers denied Rome reports they drank wine during the cafe clash. Lieut Doddridge said after an accidental table upset at 11 pm a mob attacked them while two policemen watched. He claimed self defense and that they did not strike officers. The prisoners complained of insect-infested confinement.
H A Barrows disbursing clerk for the U S census office was summarily removed after a $7400 shortage was found in his accounts. Experts from the treasury department are handling the investigation with Director Merriam and Chief Clerk McCauley conducting examinations. Barrows says speculation caused the discrepancy. Bonds totaling nearly $200,000 secure government losses. He previously worked for the treasury and resides in Berwyn Maryland with his wife and seven children.
Miles City May 2. The exact time of trains under the new schedule not yet received. No 3 will arrive about half an hour earlier at 9 22 p m. No extra through service from St Paul not run. Trains 7 and 8 run St Paul to Mandan while 5 and 6 run Billings to Portland. Mandan and Billings division retains two trains daily.
Wanted foremen camp cooks blacksmiths masons and carpenters for Yellowstone park for the coming season. Send applications with endorsements to Capt H M Chittenden US Engineers Office Yellowstone Park Wyoming. Wanted No 1 starch work ironer with board and room plus woman to wash woolens $25 board and room Troy Steam Laundry Missoula.
A posted notice advertises a bargain ranch from 320 acres upward with good buildings and heavy fencing. Address James M. Nye, Lakeview, Madison County, Montana for particulars. Also listed are a road house furnished 14 rooms for sale or rent and several patent services from Milo B. Stevens Co and Lucas & Co.
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