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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 04, 1916
Page
12
A fragmented 1916 text from The Wheeler references a morning routine with Aunt Elle and a note about rain and gardening. The garbled passage centers on loving to putter, seeking help to grow flowers, and a cautious tone about rainstorms affecting growth.
The Rainbow Development company reports all records broken during April at the Butte and London shaft. A 99 foot gain within 30 days, timbering completed, and progress toward the 1,600 foot level. Foreman Hogan directs, with a three-compartment shaft and a separate engine shaft. A 600 gallon per minute electric pump is ordered for rapid handling, to be ready by the 1,600 foot mark. Solid granite drilling continues, with plans for cross cuts and side stations to enable both south and north work.
New York May 3 brokers reported a general reversal after early bull sentiment. Liquidity flowed from popular issues as disadvantages grew for International and munition stocks, while American Smelting posted notable gains and United States Steel fluctuated. Bond activity weakened with large blocks of Anglo-French 5% traded at 95 as par totals reached 2,120,000.
A garbled listing of mining brands and places appears, mentioning Iron, Copper, Gold, steel names, and several locales such as Verde, Keating, Kerr Lake, Magma, Tuolumne, United Verde, and related entities. The text reads like a compiled roster of mines, claims, and company names with scattered percentages and fractions.
Chicago markets report higher wheat prices on May contracts as weather forecasts improve and crop damage reports ease. Corn weaker on uncertain demand while cattle prices hold firm. Seattle grain and livestock markets show mixed gains across grades and regions. American Smelting declares extra dividend. a federal indictment related to intersate commerce law surfaces in May.
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