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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 05, 1914
Page
19
Leading stocks advanced at New York on May 4 as market strength persisted through the day though last hour reaction trimmed gains. Railroads led the advance with Rock Island collateral up nearly two points, while United States bonds remained unchanged and the bond market showed irregularities.
In New York the metal market shows copper and tin steady with spot and July quotes, while lead and spelter trade modestly in London. Wool sales today total 1,700 bales with American buyers active, signaling robust demand.
The United States circuit court reversed Judge Bourquin, ruling the Minerals Separation Ltd patent invalid and remanding the case. The decision shifts the battle away from Butte & Superior Copper Co, lifting stock from 84 to 28 and signaling a broader defeat for royalties in the oil flotation process.
Judge Lynch faced a delayed hearing on Edwin I Wright’s objections to guardian A B Metzner’s final account. Wright, restored to capacity, appeared bruised with eye injuries after the suspended session, causing the court to adjourn to 4 PM then again to today as the matter resumes.
Douglas, May 4. American settlers along the Yaqui river vow to stay in Mexico until the United States declares war, citing repeated false alarms. W. E. Richardson, a large landowner, says raids by Yaqui Indians have driven tensions, with settlers reportedly killing several Yaquis in prior raids.
Four election officers in New York were arrested on indictments for alleged frauds tied to a special April election. District Attorney Whitman said evidence showed a conspiracy to stuff ballot boxes in favor a constitutional proposition. The men served in the district linked to Charley L. Murphy of Tammany Hall. no party organization was named.
Pairbanks Alaska reports a devastating blaze in the Iditarod district destroying twenty structures including the Arctic Brotherhood club house Connelly's saloon and bath house and several residences. The lodging house origin and high winds aided rapid spread with little insurance carried. In New York police seek stolen jewelry valued at 10000 from Mrs Henry Hutt last Thursday. In Belfast militant suffragists arson squad targets Cave Hill tennis club grand stand.
Market shoots up amid optimism over Mexican situation and monetary stability. Amalgamated Copper opens 72% and peaks at 72 3/4, with Butte & Superior a standout in a day of broad strength. Davis-Daly and Denior show sharp gains while notices urge payment on Davis-Daly assessments. Reports cite anticipated federal reserve board appointments and possible speedier anti trust legislation as market positives.
Chicago May trading sees bulls point to favorable buying and rising Argentine estimates while cash trade shows weakness. Wheat margins soften with May opening at 30 1 2 cents to settle lower. corn and oats gain modestly, while provisions post small advances. Market notes big stock draws and growing crop optimism temper gains amid profit taking and weak cash activity.
Emia co Chicago May 4 hog receipts 25000 market slow to higher bulk 8459 lip light mixed prices heavy pies. Cattle receipts 17000 market steady to higher Reeves 2500 Texas steers western steers calves stockers and feeders cows and heifers calves prices listed. Sheep receipts 2000 market slow western yearlings lambs native western prices 5. audit notes show mixed up OCR fragments and currency marks.
Receipts show cattle 1646, pigs 4012, sheep 422 with mixed results. Cattle lighter than prior week as high grade steers sold near 625 with Prime Oregon Idaho moves. Hog market weak at close, sheep and lambs in fairly good demand, grass fed sheep arriving, grass-wether and lamb prices noted with small ranges.
Minneapolis grain market report outlines prices and lots for flax and related commodities. Mentions No 2 northern, Tarley and Flax at 1,550.55 dollars, with scattered cryptic codes indicating specific lots or grades.
Real estate transfers list actions including estate of Jeremiah Rowen to Myra Canonica with parcels in Yellow Jack lode and West 150 feet, values around 2500. Also transfers from David F. Roach to Myra Canonica for west 160 feet area, and others including Tutte Land and Investment, Levi Price, and Sam L Holmes to Patrick Gavigan. Several parcels in Cobban and Mount Pleasant lodes referenced with nominal sums.
A marriage license was issued for Nikola J. Kilkovak to wed Miss Stane J. Prija, a Montenegrin noblewoman who arrived in Butte two months ago. The ceremony is scheduled for tomorrow at the Greek Orthodox church, described as a major social event among Butte's Montenegrin community. A social gathering at the gardens is noted this evening.
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