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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 07, 1918
Page
10
United States Steel led a broad market advance as investors rotated into steel shares on anticipated full capacity use and favorable earnings prospects. Bethlehem and other steel issues also rose while rail and oil equities posted gains and bond prices fluctuated amid mixed news from London and New York trading desks.
The Liberty loan success sparks a strong New York market with United States Steel up 2½ points to 100 and other leaders like Bethlehem Steel Cructhte Lackawanna and Republic Iron holding gains. General Electric and American Carriers show strength while rails and utilities advance amid brisk trading. total value around 82,360,000.
Chicago reports show bearish influence from peace rumors depressing corn values with May and July futures quoted low. Wheat and hogs rose slightly on the day while receipts and prices vary across regions, with Minneapolis and Seattle market notes included and general market weakness offset by some gains in provisions.
Albert Johnson of Livingston and Joseph Ramsie of Cline enlisted yesterday at the British-Canadian recruiting mission in the courthouse under Sergeant Braithwaite. Frank Gaines of Montana Power leaves today for San Francisco to join the U S Army. A farewell for Gaines included a wristwatch and cigarettes.
Sarasota Florida May 6 Mrs Potter Palmer of Chicago widow of Veter Palmer and former president of the World Columbian Exposition women managers club. She traveled in Europe and was later named by the U S president as a member of a commission. Her long life included time at her Florida home and a notable social circle.
Washington reports quadruped output at the naval airplane factory rising as contracts progress eight months after inauguration while a crackdown on enemy aliens continues. Carl Rodiger, a German lieutenant commander, faces charges of conspiring to launch a military venture from the United States against Great Britain, with bail set at 15000 dollars.
Senators beat Athletics in a wobbly game as Gregg faced poor support and inconsistent offense. Key plays came from pivotal moments in the third quarter, shaping the tense finish.
Chicago halts a nine game Cubs winning streak after a tough battle with Wittsboro on May 6. Karl Hamilton sparked a late surge with a straight game and arc hits, but Pittsburgh slips to third place as the Cubs falter. Reports describe a stormy, error-prone day across multiple games with Cravath and Canavan delivering key moments for the opposing sides.
Chicago Teague baseball club owner Charles A. Comis bought 10 sheep to assist the groundkeeper and keep the grass short, citing President Wilson's pasturing example. In another item, a verdict of suicide while temporarily insane was returned in the inquest into the death of Rawara Bean, a Milwaukee baseball figure, found shot in a Kid Foom downtown hotel.
In a May discussion at the university, veterans of track and field debate possible changes to events, including replacing or modifying traditional disciplines. The tone favors maintaining spectacle while adjusting events to fit enlistment and athletic practicality amid shifting preferences.Meanwhile, boxer Earl Caddock defeats Hussane of Dallas for the military world title, while Norway reports April wartime losses totaling 755 ships and 1,115,519 tons, with over 1,000 seamen lost. A British airman claims his squadron has downed 108 enemy aircraft in six weeks on the Amiens front.
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