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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 26, 1920
Page
12
Meager buying by commission houses in Chicago on May 25 led to cautious trading in markets. Prices fluctuated with July corn futures up to 31.61 while September moved higher. gains appeared as Eastern interests remained active. Butter and eggs moved lower. receipts totaled 28,590 cases with varied grade quotes listed.
Livestock receipts mixed as cattle, hogs, and feeders traded with steady to higher tones. Prices cited include hog tops around 14.85 and cattle with yearlings near 12.20 to 12.76, stockers and feeders at 13 to 14 dollars, and bids varying by weight class.
Horoscope predicts favorable influences for actors and actresses leading to engagements and broader opportunities. Theaters may gain from unusual conditions boosting interest in dramatic productions, while aviation and rail travel face growth and congestion. immigration rises with women among new entrants and births promise varied careers and unusual experiences.
The New York Stock Exchange saw a broad rally reversing recent declines with notable advances across many sectors including motors, steels, rails, and chemicals. Trading volume neared 775,000 shares as Mexican issues and rails led gains, while copper and other metals lagged and call money remained ample at 6 percent. The report notes renewed buying amid easier money and a strong technical condition, with optimism from bankers and Federal Reserve sources that credit tensions may ease.
A frenzied session showed gains in several sectors as shorts covered and buyers pushed prices up. Notable moves included Pan American and Mexican Petroleum with mixed results while railroad shares and steel related stocks rallied, signaling cautious optimism despite the unsettled tone.
Copper in all forms exported from the United States in March totaled 88,044,808 pounds valued at 18,195,244 dollars. Reports cover Spruce Monarch mine in Nevada with 1,500 to 2,000 tons stored, and developments pushing ore bodies. Quarterly 1920 Davis-Daly profits noted with ship updates at Hibernia, and Hartley Neihart mine reports show promising ore bodies and ongoing development to sustain output.
New York exchange for Montreal shows discounts with bonds steady and time loans unchanged. Metals quiet with tin easier and zinc steady. copper quoted around 12 to 14, while lead and antimony hold. Cattle receipts steady, lambs and wethers rising. bar silver at 1.02 in New York, Mexican dollars 78 cents. London silver at 5 pence per ounce. Sugar firm in New York with refined levels around 26.00.
Fragmentary Missoula News item notes Milwaukee railway system vote and an order related to rail operations. It mentions weather prospects, a large area with high crop potential, the welfare funds cut by Congress, and a Western Montana Fish and Game association campaign to boost memberships for nurseries and hatcheries. Also reports Otto Anderson hospitalized for poisoning, a bottle-turned-bean incident, and local election details with Havre and Butte individuals named.
The Kaimin editor reports the death of Dr Walter Sears a longtime Presbyterian pastor in Missoula. He passed away in Trannae City at his home where his family resides in Palo Alto. The obituary notes Sears served the local church and was connected to Missoula friends and family.
May 25 report from the state dentists association meeting selects Billings as the site for next year’s gathering. Officers named: Dr. L. E. Brice of Lewistown president. G. W. Pelzer of Great Falls and J. D. Trevise of Helena vice presidents. F. W. Adams and J. H. Mec, both of Billings, secretaries and supervisors respectively. G. H. Chase of Great Falls treasurer.
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