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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 12, 1921
Page
9
Markets and mining news note crop damage as a factor and discuss shipping, silver, and sugar price events. The report mentions U.S. market trends amid German reparations concerns, with quotations for corn, oats, barley, and other grains. It also highlights Florence Shaw, Baltimore's only woman crane driver, as a skilled professional.
Unconditional German acceptance failed to lift prices on the New York Exchange. Steel and related shares slumped as professional selling grew amid anticipated German competition. Motors and food issues showed irregular reversals while some tobaccos and metals held firm. Total sales approached 10.9 million.
The Associated Press report covers livestock receipts and prices from Chicago and South St Paul markets. It notes beef cattle, sheep, and hogs with figures for top prices and general market tone, including lambs, steers, heifers, cows, calves, and hogs, along with early top prices for California spring lambs and wool classes. It also includes commodity prices and exchange data from New York and other markets.
Shipments of ore are to resume after arrangements with Pittamont and New England lessees. United Extension has closed J ome mines and smelter. Elkhorn mine in British Columbia reports a rich silver ore strike near 12,000 per ton. Copper exports in April total 31,048,160 pounds as utilities prepare for replacements. Silversmith in the Sioran District gains capacity via Ivanhoe mill deal at Sandon, enabling year round operation with a 1000 foot tram to lower workings. Ivanhoe mill to handle 160 tons daily, surpassing Silversmith’s prior 78 tons. Water shortages limit operation to seven or eight months.
The Heilbronner Market Review reports Germany’s full acceptance of allied reparations expectations lifting copper stocks. Copper remains strongest as investors await immediate copper demand, while steel names like Cracker and Bethlehem falter. American Sumatra Tobacco hits year low on crop fears. United States Steel climbs briefly before turning weak. Canadian Pacific denies New York financing talks. Nebraska notes a $10 million note sale. Dividends declared by Homestake, Woolworth, and Cerro Verde.
The Berringer well near Fogiej shows oil in small quantities indicating potential. Drilling progressed with three shifts and casing to 400 feet, awaiting further downhole work as gas pockets are shut in and directed to forge use. officials note limited oil shows as an encouraging sign for future production.
Fragmented item describes a lost case including a suitcase with valuables and a note of rewards. It references various odd phrases and names like Anaconda and Sonnac, with locations around Main Street and Meaterville. The readable content offers little coherent detail beyond a general lost property notice and stray personal items.
Notice to stockholders of Champion Mining Company and related entities. Annual meeting to be held at the principal office in Deer Lodge Montana. Directors report and unpaid capital assessments referenced. Delinquent payments to be settled by May with sale of assets by public auction if necessary. Various employment and rental ads clutter the page.
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