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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 14, 1902
Page
3
New York stock market shows a narrow session with a firmer undertone. Gains mainly reflect partial recoveries from yesterday’s declines as money conditions ease and buying from London investors supports American equities.
A fragmented bond and stock listing shows preferred and coupon details for railroads and industries. Includes Southern Railway, Texas & Pacific, Toledo, St. Louis & Western, Wheeling & Lake Erie, and Union Pacific with various preferred statuses and rates. Also lists United States Steel, General Electric, Continental Tobacco, and other corporate issues with coupon values and registrations.
New York and London markets show modest advances in tin with spot prices around £29.80 to £30.20, copper firmer with spot to August ranges near $11.70 to $12.27, lead steady at 4.5 cents, and spelter at $4.45. Iron markets stay quiet while foreign markets remain mostly steady, with Glasgow at 53s 7d and Middlesboro at 48s 9d.
New York money on call stands at 4 8 percent with casing offered at 4 percent. Prime mercantile paper at 4 1/4 to 4 3/4 percent. Sterling exchange steady with bankers' bills at 487 for demand and 4.49 to 4.54 for six days. Posted rates 4.55 to 4.86 and 4.88 to 4.84. Mexican dollars at 4 1/2 to 4 3/4 percent. Government bonds weak, state bonds inactive, railroad bonds irregular.
The Commercial Advertiser cablegram reports a nominal stock exchange day but a cheerful tone due to General Kitchener's Boers capture. US rates, crops, and coal strike weigh, while New York shifts speculative commitments overseas. Atchison Union Pacific and Canadian Pacific led the session. copper and Rio Tinto steadied as the dollar's strength hints at gold flows.
Special cables report Wheat, corn and oats stock shifts east of the Rockies. Wheat total supply down 2,734,000 bushels with declines in US and Canada and afloat for Europe rising 1,400, a) bushels. Corn east of the Rockies down 61,0 bushels. Oats down 99,000 bushels.
Cash quotations list flour wheat oats rye barley flax and lard prices with ranges for spring and red wheats and barley. Receipts show totals for flour wheat corn oats rye barley and other commodities in barrels and bushels.
Cattle receipts 6000 head including Texans. Market steady to stronger. Native steers 9 to 15, Texas and Indian steers 2 to 2.15, Texas cows 2.75 to 5.05, native cows and heifers 2.00, stockers and feeders 4.75 to 5.15, bulls 7.75 to 7.5, calves 5.6 to 6.35. Hogs receipts 4000. Market up. Bulk 6.95–7. %. heavy 7.40. packers 7.10–7.35. medium 7.47. mixed 7.75–7.10. light 7.7–7.10. Yorkers 7.47–7.10. pigs 4.50–6.85. Sheep receipts 3000. Market strong. Muttons 4.96. lambs 5.45–7.10. wethers 4.40–6.15. ewes 4.45–5.55.
Trade in the wool market remains quiet in Boston with manufacturers indifferent to purchases while prices stay firm. Territory wools are quiet but firm, with quotations around 45 to 48 1/2 cents. Australian wool shows strong firming, with choice combing around 72 to 72 1/2 cents and good to average at 65 to 68 cents.
London May 13 Consols for money and for account quoted at 9514 and 9514 balance. Anaconda 51 pounds. Atchison 504, do preferred 10. Baltimore and Ohio Canadian Pacific 120 percent, Southern Pacific 67, Union Pacific 1067, do preferred percent, United States Steel 42, do preferred 99 percent. Bar silver uncertain 234d per ounce. (money) 2 4.2 percent.
Classified notices seek a young Japanese cook and houseworker in Dillon or surrounding county by Madam Skelton of Butte. A stenographer is wanted by A M of Standard in Butte. Agents wanted for first class articles with liberal commissions. Six square pianos needed for a place in Butte. Bids invited to operate a boarding house at the race track by Montana Jockey Club. Iron metal and hides buyers Pacific Coast Iron & Metal Co. Want to rent a country hotel by box 417 Anaconda. General Manager Holdrege elected president of Stirlington company at meeting.
London on May 13 reported 14 285 bales offered at the wool auction sales. Competition was spirited and scoureds were in active demand, especially for the home trade.
Washington May 15 treasury statement shows available cash balance 184,781,442 dollars and gold holdings 97,682,408 dollars. The figures reflect the government’s liquid assets and precious metal reserves as of today.
John Roberts, a Swiss-born rancher who sought a divorce from Catterina, spent time in the jailer's office as he paid $150 in attorney fees and $25 monthly alimony after ignoring a judge's order. The case reveals Roberts deserted his wife and three boys in Switzerland, sending only about $60 over 12 years while she toiled to support them.
A period ad offers Montana ranch land and city properties for sale. Highlights include 900 acres meadow and 200 acres beach ranch with streams, a solid brick 9-room residence on the east side, a West Side brick home, and multiple rental properties on Main and Park streets. Conroy and OBrien at 47 E Broadway, Butte.
Farm and fruit lands priced to sell in Missoula and Ravalli counties. George F. Brooks Real Estate, Missoula Montana invites listings and buyers to state their preferences.
A collage of classified ads lists services in Butte and Anaconda. Entries include A Birthright manicure and hairdressing at 1144 W Edwy, an experienced dressmaker for hire, a private home confinement option, Mrs Walmer as a graduate midwife at 109 Dakota St, and Mrs Karstedt a midwife at 6% Ss Main. The Montana Transfer Co at 15 W Broadway offers moving services, Rauh & Richter furriers at 206 N Main advertise repairs, a reliable scavenger service on Edwy, and contact details for G W Vineyard.
An aggregation of listings includes two furnished housekeeping rooms in Anaconda and Butte, a front room with board, carpet cleaning service by GEORGE E. Shale, and a Red Chair Second-Hand Store offering ranges desks and chiffonters. Also ads seek second-hand items, furniture buyers, clairvoyants Mrs Dr Calder Rut and Mazie palmist offerings, with contact addresses in Butte and surrounding streets.
The Frenchman Parent, brought from Elk Park on the charge of assault with a butcher knife against Nelson Brisson, could not understand English to plead. With no available interpreter, his examination was postponed until one could be procured.
South Omaha cattle receipts about 2000 head with steady to strong prices led by native steers around 3.80 to 3.85 and cows 4.75 to 5.85. Hogs trading higher with mixed lots near 6.95 and bulk around 6.95. Sheep and lambs about 4000 head, market slow with muttons 5.80 to 6.20 and westerns 4.30 to 5.75.
Special Dispatch reports in Washington May 13 that M. G. Osburn has been commissioned postmaster at Silverton. In the annual salary re adjustment Fort Benton White Sulphur Springs and Virginia City postmasters have been cut by 100 dollars each.
Billings May 12. A meeting of the stockholders of the Billings and Northern railroad company was held this morning at six o clock to dispose of business and allow attendees to leave the city promptly after proceedings. Holdrege presided as president.
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