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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

May 12, 1916

Page

12

Wheat Falls on Showers and Cold in Chicago Markets

Chicago May 11 Wheat declined as showers and low temperatures hit the crop. July and September futures slid to about 1.16 and 1.18 1/4, with oats holding firmer amid concerns over green bugs in the Southwest. Provisions dropped under selling pressure, hog prices rose briefly but did not halt the overall downturn. futures for corn and other grains showed mixed movements with quotes scattered across the board.

Chicago

Market Receipts and Prices Across Livestock and Metals

Livestock receipts noted with mixed price signals as cattle and sheep markets show strength and steadiness. Cattle: native steers at 7.90 to 9.50, westerns 8.49, cows and calves varied. sheep: wethers 7.15 to 9.60, lambs 8.25 to 12.15. grain and metal markets report copper firm near 30 cents, tin dull, spelter dull with St Louis delivery at 176 asked.

Leago New York The Metal Exchange St Louis Seattle Reecel Cattie

Market Review Shows Peculiar Conditions In 1916

Hayden, Stone & Co state the market sits in a peculiar phase with contradictory signals. Despite high earnings and near record profits, investors foresee a possible bear pull due to international uncertainty and the rise in metals and commodities. Production and smelting capacities are cited as factors shaping a cautious longer run outlook.

Hayden, Stone & Co Germany

Mining Spread Promises Rich Copper Prospects in Montana

Walter Harvey Weed leads Crystal copper mine development east of Butte, Montana, with plans for 15000 to 160000 feet of tunnel at depths of 200 to 400 feet. He believes the Crystal vein is one of the strongest in the Butte Helena region and could be worth millions to major copper and zinc interests.

Treasury Ear Eagle Live Yankee Globe Con Tepeas Ioias Weed Crystal Copper Butte Butte Hill Ene Kineets Weed Corry Tam Butte-Helena Ine Butte Mr. Weed

Wall Street Close Signals Mixed Market Tone

The New York market opened with a negative character but a firm undertone holding through most of the session. Investment demand was weak and confusion from Mexico restrained many issues while a few well known specialties and active equipment stocks drew focus. United States Steel edged higher modestly as sugar and motors showed strength amid unusual late trading activity. Rock Island debentures Mercantile Marine 4c and Anglo-French 5s provided firmness in the bond market as Staten Island bonds remained unchanged. New witnesses were summoned in Washington as three Boston men poised to testify before a senate subcommittee probing Brandeis fitness for the judiciary bench and potential merger implications with various stores and drug chains.

New York Mexico United States Steel Rock Island Mercantile Marine Staten Honda Eat Washington Wit Newes Louis’ K. Liggett George C Knnerson Frederick B. Snow Noston Lally Senate fliGhey Lous D. Brandeis Judiciary Committee Brandeis United Ilar Riker-Hegeman Drug Stores

Also Mentioned on This Page

Globe Consolidated American Fork, Utah Salt Lake Exchange Wm. H. Child & Co Wasatch Stock Exchange Salt Lake City Utah Hamilton Easy Terms Butte Land & Inv. Co West Granite St Idaho-Montana Investment Co Stoc Montana Reliance Gold Mines Eneva Switzerland Paris Solliers Zimmerwald Berne Chicags Markets Jefferson Wand Walter Harvey SAN Prancisco Ives Ies Webber & Co Aia San Atlanta Booth Tiamondfield Florence Lone Star Yallow Tiger Dexter Manhattan Dex O White Caps Rend Himeroneton Virginia Fale Norcross Ophira Savaleie Sierra Neva Helmont Cosh I Montana MacNamara Tonopah Nevada Nevada Hills Mountain Jumbus Knights Orner Park and Idaho Streets Link & Haire Arehil Columbian ‘Association Hennessy Wall Street Close Michigan Miami Copper Sev. Consolidated Sorin Butte Guiney Uy Swift Company Santa Fe A Ai Khan St Mary's New Superior Copiies Shoe Machinery Famarack Aay Prinity Taotumne Nosrow Cur. & Co Paine Webber Atlanta le & i London Haines-King York Arizona Ohio Milwaukee St .Paul Carter Northwestern Davis-Daly Tack Island Oldfield Ohifield Nevada-Douglas International Harvester Naval New Baltic New Cone Marine North Lake Kansas City Southern Kennecott Louteville & Nashvillie Ohio Copper Oneco le Wanean Asota Lake Toston Miami Hartford Buecene Verde Ortolke & Western North ‘Pacific Utah Metals Ace Yukon Gold Pacific Tel Fela Calumet & Montana Pennsylvania A Ray Consolidate Naconda Copper Mining Company Reading Ae Tron Kteel Republic Coppers Anaconda Shatck Arizona Studebac Pring Tennessee Copper “ Company Ce Tes Nee Impany Cipal Ikion Pacific Washoe Smelter Ide U.S. Industrial Alcohol Ives Tian ‘Copper Tern Union I. Melin Wentinghouse Electric Newvorconner Co Heilbre Alaska barnes-Kimi Bosta & Montana Tutte & Ely Big Jim Calumet & Corbin Canada We Emma Coppers Gotanela Goldfeld Aferie Howe Sound Jerome Verde Kenanax Kerr Lake Magma Mother Lode Mines of America Marest Majestic Wa Nipissing Rocher de Boule Stewart O United Astern Paine, Webb & Co Superior Butterrill East Broadway Davey & Gilmore Finlen Hotel Purity Cafeteria West Broadway W. H. Davey North Main Street Butte, Mont Silver Bow National Bank Federal Reserve Bank Savings Department U. S West Park Street John Macginniss D. J. Fitzgerald ABC Cechsli—Oxtey W. Bdwy. Bell Occident Flour Tripp & Dragstedt CO South Main St Daly Bank and Trust Lone of Seral Banking Business First National Bank of Butte United States Depository Capital Aurplue W's Davie Byr Weytcles Fs. Purrox SeSuOe de Mit Avstaiant Caanter Peste Pivenson Anant Fordiga Kix Pata Ross Clark W.a.clark & Brother’ Bankers Inshiee ‘Nehisr Alex Joh Shemse Anaconda Copper Mining Company Bonner Western Montaia National Bank Missoula Mont Usited States Depository RYMAN Santtal Lamb Bastercury St
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