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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 26, 1909
Page
30
A dull trading day sees slight moves in copper futures as quotes hover near muted levels across major exchanges in New York Boston San Francisco and Salt Lake City with analysts noting weak demand and cautious investor sentiment.
The Mining Bureau outlines broad plans including protection from fakers, extensive copper market notes, and a major California field program. Governors and state mineralogist push mapping of petroleum districts, dredging assessments, gravel channels, and mineral exhibits to inform industry and curb fraudulent stock schemes.
In Butte a judge imposes a $1000 fine and one year in jail on Leander Duncan amid gambling prosecutions. Officers raid venues but find nothing. Duncan labeled a placer miner from Alta, Montana, claiming a long Montana residency and clean record. The broader drive vows to punish gambling, while other cases advance or are dismissed.
A vintage health ad argues a poor back signals kidney trouble and urges examining urine to reveal issues. It promotes Doan's Kidney Pills, claiming cures for backache and urinary problems, with a testimonial from Mrs. Charles Eckberg of Anaconda Montana about her son’s relief after use.
In Lincolnton Georgia on May 25 Albert Aiken a Black man who seriously wounded white farmer John Spiers last Thursday died in a related incident. A posse of about 100 broke into the jail seized Aiken and carried him into the countryside where his body was found bearing a warning placard.
Wheat prices rose to season highs with May at 1.95 4 and July at 1.19 as corn and oats also climbed May corn hit 75 4c and May oats 638c. Gains faded late with heavy selling of distant futures, but May and July prices remained near new highs for the season despite rain in Southern Russia and improved Texas yields.
Cattle receipts about 3000 in Chicago with steady market. Beeves and various steer classes listed from about 4.75 to 7.25, cows and calves down to 2.50. Hogs receipts around 13000 with gains across weight ranges from 6.59 up to 7.55. Sheep receipts near 12000 with steady demand and prices from 4 to 9.50 for native and western varieties.
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