Market Dips and Professional Shift Dominate Trading Day
New York reports a waning general demand as professionals take control of dealings. Copper advances and steel order hopes lift industrial shares while late session buying drives prices higher.
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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Nov 28, 1908
Page
4
New York reports a waning general demand as professionals take control of dealings. Copper advances and steel order hopes lift industrial shares while late session buying drives prices higher.
Money on call easy at real per cent and time loans firmer, 60 days at 2 to 3 per cent, 9 days at 3 per cent, six months at 3 44 per cent. Sterling exchange firm with bankers' bills at 484.20 484.30 for 90 day bills and 486.50 for demand. Commercial bills at 43 37 to 434. Bar silver at 4 toc. Mexican dollars 4e. Government bonds steady, railroad bonds irregular.
New York copper pricing notes London spot at £63 and futures £65 13s 9d while local copper markets show firm to steady levels. Electrolytic and casting copper quotes, levd decline, local prices around 4.27 to 4.32 9c, and spelter rising to £21 7s 1d in London with steady local at 5.10 to 5.15e.
At the London wool auction today 13,706 bales were offered. Despite extensive supplies, demand remained brisk with light withdrawals as Continental and American buyers chased fine merinos greasy and crossbreds. American buyers paid 1s 1 1/2d for New South Wales combing and a full bale advance for crossbreds while home spinners were active purchasers.
Chicago wheat opened lower on Liverpool losses but by the first 15 minutes a firmer tone emerged and prices rose more than half a cent from Wednesday's close reflecting a rebound in early trading.
Volume was light for most of the day with a late advance that did not hold. December and May prices for both corn and oats moved down from the prior close while provisions weakened. Trading in grains remained small and prices closed near or below the prior settlements.
Chicago cattle receipts around 80 head with market steady. Beef prices range from cows and heifers at 1.50 to 1.75 per pound, good to choice heavy cattle up to 6.40, calves and light stockers mixed. Sheep receipts 22 head with market steady to lower. native and western lambs priced near 4.10 to 4.50. Pigs trading about 5.40 to 5.75 per cwt.
Washington Nevada area release shows available cash 148 290 147 with gold certificates totaling 46 969 495 and a silver coin and bullion amount of 29 460 689. The document lists overall assets and notes holdings in gold certificates and currency reserves.
St Louis market notes show wool prices with mixed grades. Included are light filament and heavy fine fibres with quoted figures 11 22 cents, 1 1/2, 12 15 cents, and tub washed at 20 28 cents.
Special Dispatch to the Standard reports William Rees went on trial in Wolf Creek district court for the murder of his wife found on the cabin doorstep with bruising. Jury selection dominated the first day. no defense strategy revealed and no witnesses to the crime.
Dillon notes report William Ratcliff arrested on coal theft charges with a $6090 bond after a preliminary trial. William Ellis faces second degree assault charges with a Saturday preliminary trial. W. M. Oliver sold his Beavertend Valley ranch of 289 acres for $25,000 to Martin Sorenson who will take charge. Oliver family to relocate. Sheepmen John and Hans Anderson sold 3,499 lambs to Harry Andrus for 4.75 per head. Thanksgiving shut doors at 10, Union church services held. Cavalier Dancing Club forms with rules restricting non members and limiting stag dances. Peter Bush recovering from train accident. whiskey cited as cause. Beaverhead teachers institute ends after three days with thanks to university and normal college faculty.
Multiple help wanted notices run for a coatmaker barber trainee positions in Missoula and Spokane. graduates can earn 15 to 25 dollars weekly. Also cordwood cutters sought at 1 1 2 50 per cord with pine board pay 5 25 weekly. Ed H Owens Come Montana.
A batch of classified notices seeks a girl for housework and child care in Anaconda and a general housework position in Butte. An orphan boy seeks any capacity job via Standard Butte. A dressmaking learner, a drug clerk applicant, a shorthand typist with law/ business experience, and a strong insurance seller opportunity in Butte are listed with contact addresses and phone numbers.
Furniture and highest price paid offers with an Indiana phone number 6988 and address Bell tox near FP hall south Main Butte. Sportsmen offered game heads birds mounted by Trumbower taxidermist 105 Main St Butte. Experienced detectives for all kinds of cases and help available Box 1019 Butte. Stove repairs builders hardware and stoves at Butte Stove Repair Co 123 E Park. Horses wintered inquiry Sherman Reed 119 E Broadway.
Adoniram Corntop voices sadness to Andy Clover about how courting and spending have shifted. He recalls 10 cents for candy, 40 cent sodas, and a dollar for ice cream as signs of changing values. His son Si spent a ducksy-daddle at a band concert leaving only a quarter, and Corntop fears youths waste money.
Proposals invited for weekly per capita care of sick poor at the county poor farm, including feeding clothing nursing and burial costs. Also separate bids for medical attendance medicines for 1909 including contagious disease treatment obstetrics post mortems. farm land 160 acres. fences and outbuildings upkeep at contractor cost. Contracts awarded at December 1908 board meeting. bids may be rejected.
Classified brief seeking a partner with capital to enter a lucrative venture in Butte. Includes inquiry address at Butte Novelty Works.
The notice promotes PROC AP MASERY of Egypt as the world’s greatest astrologist and palmist offering life guidance with no charge. It lists rooms 5 in Baltimore block, Butte Ind 5044 Bell 1191Y. Rev Mrs Calder Rutledge is a spiritual medium offering daily readings and Thursday circles at 739 Colorado, Butte with Malin cars passing door and phone 6271.
Advertisement listing Dr. T. G. Heine M D at 104-106 Pennsylvania Block Butte offering eye ear nose and throat services with glasses fitted and telephone 5 679. Also mentions Ladies Private Hospital Mrs Walmer midwife 427 S Main Butte Mrs A Birthright hairdressing manicure chiropody and Ada lade Skin Food Franklyn Price’s Loi let articles at 114 W Broadway.
Businesses advertise fixtures for sale at discount including stalls cleaning dyeing and carpet services. Listings note Butte Montana addresses and contact details for quartz and placer mining supplies cleaning dyeing upholstering and assayer services in the local market.
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