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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 03, 1921
Page
11
The May wheat market shows uptick amid unsettled supplies and export concerns. Provisions mixed with price swings, as exchange rates bite and forecasts cite large winter crop prospects. Copper and other metals see slight shifts while livestock and sugar markets edge lower.
The New York Stock Exchange saw one of the year's busiest sessions with total sales near peak levels. Mixed developments and a deflating clearing reserve dampened bullish zeal, while grains and other commodities posted lower quotes. Despite volatility, certain issues including shipbuilding, copper, and motor equipment strengthened late, with American International and Mercato Marine preferred advancing in the final hour.
Livestock receipts and prices show activity in Chicago and Omaha with mixed gains for cattle and lambs. Beef steers and yearlings rise modestly while lighter weights vary. sugar prices in New York near flat to slightly lower for refined and centrifugal grades.
William Criderman returns to Libby with partners William Cady and Joe Sheffield to explore a promising vein above Libby creek placers about 23 miles from town. They plan to open the ledge this season, aiming to uncover ore veins similar to Libby creek deposits as other Montana camps show activity and new machinery boosts output at Hartley and Neihart mines.
The broker gossip describes a broad market rise with many big names lifting, copper shares led by Anaconda and Butte & Superior, Mexican Petroleum buoyed by a new well, and caution urged as traders expect further moves while potential tax policy shifts weigh. Henry Ford remarks reflect a cautious mood despite gains.
Fragmentary butte classified style reads like a jumble of notices including lost items, sales, and personals. It mentions a workman, a water bucket and a sputtering wire, plus listings for a Royal Typewriter Agency and telegraphy courses at Butte Colleges. A bedside river of OCR garble hides clearer details across ad sections.
Fragmentary text mentions Montana location Bitter Root Valley and references water pressure and pruning. No clear event, person, or organization details present to establish a concrete news item.
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