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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 11, 1909
Page
16
New York May 10 reports speculative activity in copper stocks and related markets. Prices move on cautious optimism, aided by April copper producer statistics, while overall supply concerns and shipment blockages temper gains. Bond activity, including US and regional issues, also noted amid broad market fluctuations.
A garbled early 20th century market note references silver, banking, and government bonds with mixed figures. Mentions copper and rail bands, call money steady at around one percent, and notes strange currency phrases and unclear dates.
London prices showed a slight gain while local markets drifted higher. Magnesium and electrolytes traded around mid month levels with 12th noted as a key date. Lenders Deli and Spelter quotes appeared in the jittery session as zinc and related commodities moved in thin trading.
London buyers in a brisk sale at Avetions London Mi 10 saw 1.66 bales otter sold amid steady competition. WéHtinus realized gains while lower bids were dearer than opening values. Americans active with bids around 1s 9d to 2s 0d, and American buyers averaging about 100 bales daily since opening.
Treasury balance report lists gold coin and bullion at 414 181402, gold certificates at 77 047 500, cash balance around 1 014 Robs. City data shows May 8 in Renosal region with odd district figures and textile trade notes.
Chicago markets show wheat mostly weak with brief firmer start and heavy declines as week opens. News from Kansas Oklahoma and Northwest hints seeding nearing completion while foreign buyers stay weak due to large wheat shipments. Prices opened steady to unchanged, July near 1.24, close lower. corn and hogs also soft with heavy frost risk reported in Illinois and Missouri.
A dense list of want ads offers positions from sales to general labor, with many opportunities in Butte Montana. Advertisements seek agents, hotel staff, clerks, and factory workers, plus furniture and real estate offers, aims at young men and women and trade-related roles.
New York May report from the Copper Producers association shows April stock levels and a rise in surplus copper. It notes total output and a month over month increase, with figures in pounds and references to national markets.
The Arkansas House refused to hear a governor’s message urging a referendum on prohibition measures. A related court notice offers details on a separate matter and lists a long address path, while unrelated ads mention services from grooming to streetcars and salons.
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