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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 24, 1913
Page
20
Wall Street speculation showed little energy to sustain higher stock movement with a small late-day recovery after an initial dip. Banks posted slight cash gains while certain rail and bank issues declined, and bonds moved irregularly with overall light activity noted in early trading.
The Ray Consolidated report details for the quarter ending March 31 with 12,269,608 pounds of copper produced at 9.5416 cents cost and earnings of 682,625 dollars. It compares first to fourth and third quarters, notes ore grade improvements, total concentrate production of 33,860 tons containing 18.26 percent copper, and outlines operating income and other financial figures.
Copper firm in New York market with spot and May at 15.200 and July at 15.820 per ton. May arrivals and exports this month noted with casting and electric sectors referenced.
London zinc and spelter prices show little movement with bids steady in London. The Boston Commercial Bulletin reports wool buyers briefly lifting prices on new lots while dealers debate valuations, noting a cautious market stance and ongoing buyer seller stance on clean scoured wool.
Chicago market reports a heavy close with wheat prices down while corn and oats edge higher on mixed demand. Packers and traders show activity lifting provisions before turning cautious as receipts and clearances vary.
In San Francisco on May 23 Paul Vo Parker, brother of the state hospital superintendent, hangs by his neck in a hospital plaster cast as treatment for a broken neck from a streetcar collision five days earlier. Doctors warn a slight movement could prove fatal, yet Parker is reported to be improving.
May applications for to the United States secret service continue to overwhelm Secretary Meade though there are no vacancies a man who believes the government needs him in its detective work rented the secretary a list of about ten occupations which he has filled during his lifetime to prove he was competent to undertake sleuth work. There were some of his trades: stage driver laborer hoot proprietor and editor doctor etc
Boston May 2 The federal government requests deeding Outer Brewster an island at the entrance to Hoxton harbor to the United States for national defense. The four acre rock-bound site is suitable for batteries or range finders.
Fragmented OCR notes describe a rail timetable disruption with trains arriving in Lewistown and passing through Harlowton Hilger Harpeton and Butte connection changes. The text mentions a new card system and efforts to improve connections, with services retired or altered to streamline routes.
Trading shows a small rally in prices but demand remains limited. Davis-Daly is the sole advancing stock, with Hutte Central edging higher and New England stocks hit by declines. Market sentiment is cautious, with Har riman interests and Union Pacific Southern Pacific plans eyed for potential leadership amid a cautious upside.
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