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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 01, 1913
Page
5
New York trading session closed with a listless market and a generally bearish tilt. Prices slipped in late trading as investors eyed weaker industrial signals and renewed concerns over demand, with government bonds and currency markets remaining steady while equities weakened.
Very small producer to large daily capacity. Butte & Superior under new management boosted zinc concentrate output in 1912 from under 2,000,000 pounds monthly to 11,167,000 pounds by August. Recovery improved from under 60% to over 80%, concentrate grade rose, and operating costs fell to initial estimates. August net earnings reached 140,000 dollars at zinc prices, with treatment of 1,000 tons daily. Analysts expect capacity to reach 1,500 tons, averaging about 1,200 tons. Strong investment outlook for the shares highlighted by Jayden, Stone & Co.
Chicago markets show wheat prices steady at Kansas City and Chicago, with September leading the activity. Corn remains firm as investors cover short sales while oats and pork futures move within narrow ranges amid mixed regional signals. Cotributing notes cite rising world stock totals and Canadian competition influencing bears, with cash grains and livestock receipts reflecting a cautious market day.
Copper activity shows strength in eastern markets with firm New York and Boston notes. Prices hold, some sales at 1604 to 168, but overall demand weak. minor activity in slow taps and dividend news from Duluth and Boston reports. Market outlook remains cautious as renewed Balkan tensions and improved cord and cotton belt sentiment mix with hopes for a rally.
Portiaul Sept cattle receipts run 300 with market steady. Prices show prime steers around 7 76 per hundred, choice cows near 6 75, calves heavy traded. Hogs receipts 20 with steady prices near 1 89 to 8 75. Sheep and lambs firm with wethers around 4 99 to 5 47, lambs near 30 9 80.
Fragmentary OCR lists grain terms and locations with percentages and dates, including Minneapolis references and numbered lots. Hard to parse, but indicates grain prices or quality markers for No 1 and No 2 northern categories, with months such as May and September implied, plus regional notes.
Nashville Tenn Oct 18 Gov Mooney called a second extraordinary session of the Tennessee legislature to consider prohibition enforcement. The proclamation says the question before the people is whether state laws should be enforced in city and county and whether outlawed saloons threaten cities, the legislature, and the entire state. Enforcement bills were given in the lower house during the first extraordinary session last week.
Washington reports Postmaster General Burleson received a letter from a Wisconsin mother praising parcel post as a home preserver. She says it allows sending garden produce to children in the city, helping them stay connected to home and keep tidy, and supporting families with upkeep and care.
New York financial expert Charles A Conant testified before the Senate Banking and Currency Committee on the administration currency bill. Senators Owen and Shafroth pressed the measure with President Wilson and Democratic members. An attempt to set a closing date for hearings was planned for Saturday as committee members met privately to review the situation.
Wetrott Michigan speech by United States Representative Dorsey W. Shackleford, chairman of the house committee of roads, urges support for a business roads plan aimed at cheaper transportation and lower living costs. He says touring roads would curb overall road expansion, prioritizing cross country highways and coastal routes while letting others choose. The plan emphasizes keeping town rail connections to aid farmers and merchants in reducing costs.
Santo Domingo reports Puerta Pinta, leader of the northern rebels, surrendered to government forces. Officials say Samana and Sandy must capitulate. the American minister says uprisings will not be tolerated and a free election for a successor to President Borilan Valdez will be guaranteed by the United States. The blockade of Puerto Plata and Samana is expected to end.
In Toteda Ohio Cornelius Brea nahan, brother of Skoger resnohiy of the Cileaga National baseball elth, died from a skull fracture sustained in a quarrel at a saloon last night. Charles Nadolny of Toler was arrested and charged with the assault upon Eresaphan.
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