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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 21, 1920

Page

12

Markets lag as liquidation weakens in Chicago corn

In Chicago May 20 a muted liquidation persisted amid credit strain and railcar shortages while opening corn prices edged up then rallied on buying and rain. July to Sep futures traded from 1.66 1.57 and closed higher by a few cents. oats sagged before recovering. Provisions and barley edged down as receipts rose. New York and money markets showed mixed demand with government bonds soft and time loans steady.

Chicago New York Percom Bachane Federal Reserve Montana New Orleans

Livestock market roundup with mixed receipts

Chicago and Spokane reports show large cattle, hogs, and calf receipts with mixed demand. Prices vary by class with steers and heifers steady to higher, cows lower, and veal steady. sheep and lambs mixed with prime cuts firm in places. Copper and zinc markets also noted with minor shifts in New York and East St. Louis.

Cuicago California Spokane Tassough Stigts Seta Omaha Fokers Seeran Manner New York East St. Louis

Stocks Extend Decline With Rally Near Close

New York stocks wavered under broad credit pressure, with about 1,350,000 shares traded as oils and foods led a midmorning dip. A late rebound helped by yellows in oils and sugars trimmed some losses, while Liberty bonds weakened further. Analysts foresee potential rate moves and credit tightening ahead, with bankers noting limited free credit for larger speculative moves.

Market Caution Mounted by Dealers Amid Steel Slump

May 20 stock activity opened weak as bear pressure pushed leaders to new lows. Steel majors led declines with United States Steel and Bethlehem Steel at weak early prices but rallied later. Vanadium and copper issues showed scattered gains. Gold and currency remained steady while bonds eyed taxation as a market stabilizer. Ease in money and potential short covering offered limited rally prospects until tax matters clear.

New York Stromberg Crucible Mexican Petroleum United Fruit Baldwin Locomotive American Car United States Steel Liberty Ois Tellbronner Company Baldwin Repulse AGA. Bethlehem. Steel American Locomotive American Car and Foundry Vanadium Pan-American Sinclair Bay Butter & Superior Houston Ssstu National Lead Kennecott Cambria ‘Steel Interstate Commerce Commission American Car and” Foundry Pressed Railway

Prospects Upbeat in Metal Industry Says Mathews on Mine Labor

E P Mathews son former Washoe smelter chief predicts a bright metals market as labor shortages pull people from mines to cities and Europe. He cites a gold sector slump and notes time is needed for conditions to improve while jobs remain available. He also praises the German Electric company deal and German investments abroad.

E. P. Mathewson Washoe Salt Lake Europe America Germany

Miami Copper reports 1919 results and capacity

Miami Copper produced 54 221 638 pounds of copper at 15.8 cents per pound and ended the year with a $6 939 990 current assets surplus after a $200 000 working capital contraction. Ore reserves totaled 53 054 849 tons with 11 054 349 at 2.38 percent, 38 000 000 at 1.06 percent, and 6 600 000 at 2 percent copper.

Miami Copper Miami

Horoscope for May 21 1920 reflects mixed planetary influence

The forecast notes benefic aspects from Mercury Jupiter and Venus but adverse Mars Uranus and Saturn creating unrest and indecision. It warns of political and commercial instability, favorable publicity for all classes, possible gains for newspapers after mid-summer, and strong leadership for women though offices may not be plentiful. It also predicts potential army related agitation, summer storms and travel costs, and cautions about lawsuits. Children born today may be quick tempered and require discipline for potential greatness.

Priday Mercury Jupiter Venus Mars Uranus Saturn

Philipsburg Mines Affected by Slump in Transport and Silver

Mining in the Philipsburg district has been cut by over sixty percent due to transport decline and plunging silver prices. Philipsburg Mining Co employs under 300, down from double that, with three mines and manganese output shipped to Tacoma and San Francisco. Morelight Mining operates Headlight and White Horse with seven workers. mill yields about 18 tons of manganese concentrates daily. Embargo by a railroad company further harms shipments. Larry Donlan is sinking a shaft as no ore is being mined. Some prospectors have paused as silver prices drop below 125 ounces per ton, closing many properties.

York Heilbron Company Alaska Tacometh Xtehison Woolen Balawin Taco Beth Steel B Baltimore Bosch Nets Brooklyn T Butte Con Chandler Chile Colorado Uel Isi Gretnes Canaries Interborough Mer Pea Butte Krock Exchange Kennecott Copper Kelly Springnelaz Keystone Lackawanna Aes Burke Lee Tire Imperial Burk Aegon ‘Om Maxwell ‘Motors Brig Butte-Bullehacker Igo Teansdell Nevada Central Co Cascade Nova Scotia Pan-am Harlow Reta Esate Intermountain Jardine Gold Sinclair S-Montana Jonas Beeat Southern Pacific Ay Montana Bingham Southway Montana Toa Maker Co Texan Nord Franks Union Ohio Union Pacis United Atte Te Ae Royale & Proncers Ur United Sood Pra Bey Bilver Bo Steeur van Dusen Utah Miwton Wind River Willow Creek House Jona Com Lumet de Arizonum Conden A Ag Ra Carson Curtins Aero It Tennial Ng Jedla Are Per Tange Houston Howe Sound Ravin Daly Ag Franklin Land Creek Kerr Lake Magma Chloe Copper Quincy Ite Btary Superior & Joston Sapulpa An Superior Motors South South Switt & Co Ian Stewart Mining Riotamne Temisk Utan Noria United Erde Wyandotte United United Carbide Flias Verde Comboas Wayland Yukon Philipsburg John Cole Anaconda Butte Philipsburg Mining Company Tacoma San Francisco Morelight Mining Company Headlight Whitehorse Morelight Fi Road Company Larry Donlan

Deserter Henry Amonson to be turned over to Canadian authorities

North Montana Great Falls dispatch notes Cascade County officers removing Henry Amonson from the county jail and transporting him toward Sweet Grass for handover to Canadian authorities. Amonson, long confined with no charges, faced a desertion warrant and prior expulsions from custody. The report also mentions Meadow Lark Country Club construction plans and upcoming regional meetings in Minnesota.

Great Falls Cascade Henry Amonson Sweet Grass Winton Amonsom Sanity Commission Ity Meadow Lark Country Club Confiue Sun Missouri Rivers GH Shentey Reo Itty Iinnesota

New York Sugar Prices Mixed on May Market Notes

New York sugar markets show early price activity on May 20 with raw sugar held near 23-07e and refined sugar noted as fine transated at 20.10. The report cites centrifugal trends and minor shifts in the futures and spot markets amid trading in the New York area.

New York

Also Mentioned on This Page

Bartey Timothy Butters Oma W. M. Dunnigs Askea Fone Bluebei Verdeux Boston & Monta NEW York Stock Exchange Asa Inspiration China Orge R. Reynolds Continental and Commercial National Bank Washington Bag and Paper Record Tune Bank of England Sinclair Consulted Oil Corporation Stock Exchange Bright Future Metals Industry Mathewson Vian Ray Consolidated Nevada Consolidated North Butte Helena Sidney Norman THE Heilbronner Company East Broadway Cotion W. H. Dunnigan Utah Copper Midvale Steel Eetellat Kinerty F. Park Ave Philpsurs Daly Bank and Trust Company of Prizcema TNO J. Burke Jon HD Blair Silver Bow National Bank First National Bank Federal Reserve System Mfta Andrew 4 Davis Purron Nerepmenson GrokGe Ue Utes Ashe Andrew J. Davis Porsythe Amn Moss Clark A. Clark & Bro ALEX Johnston Esi DR. Davis
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