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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 07, 1902
Page
13
A concise daily summary of global markets tracking securities, commodities, and exchange activity across major financial centers. Reports on price shifts, notable trades, and overarching market sentiment as investors react to economic indicators and policy developments.
The article reports a reactionary liquidation on Wall Street with bears active and short-covering rallies that pause declines. Reading and rail stocks show gains amid rumors on coal policy, while Wells Fargo United States Express and several others lead losses. Money market tightens with rates at 1 percent. banks restrict credit to stock speculators, and bond activity remains weaker than equities.
Copper prices were dull in New York with several alloy quotations around 11.4v 11.70¢ for lake and 11.50¢ range for others. Tin rose abroad and locally about 15s, iron markets edged up in London, while bar silver held around 50½ cents. warrants and foundry quotes varied across regions.
In Chicago the wheat market opened weak on broad selling tied to improved weather, with December and May bids in modest demand from locals. December eased to the 6847 9% price range before rallying, then slipped. Corn saw late-session buying from locals lifting prices, but a broad selling wave and realizations kept gains limited. oats opened soft as grains weakened overall.
December closed a shade lower at 32 percent while grain prices fell. The provision market stayed strong with brokers and commissions showing heavy demand. Hog receipts were smaller but prices at the yards rose with January pork lifting slightly and lard and ribs also advancing.
Grain prices show flour steady and wheat varieties quoted with no 2 spring at 7 1 2 to 8 for certain grades. Corn oats and rye prices listed with diverse figures and futures-like prices. Shipments tallied for flour, wheat, corn, oats, rye, barley across two totals.
Cattle receipts 25 000 Westerns steady good to prime steers 1200 to 800 Hogs receipts 18000 row 1640 mixed and butchers 1257 to 7900 heavy 1467 922 light 7 70 Sheep receipts 000 choice ewes strong choice lambs strong good to choice wethers 203 75. Western sheep 2104 479 native lambs 3000 540 western lambs 875 14
Other Markets South Omaha Oct 6 reports strong cattle receipts with western and Texas steers priced up to 6.60 and calves around 83,006. Hog receipts total 1,200 with prices up to 7.45. Sheep and lamb markets show steady trends with fed muttons at 3.65 to 4.00 and lambs at 3.50 to 5.10.
Wants ads list cash paying grocery stand in Butte and a cheap cigar and confectionery store with lunch counter, plus a 10 room lodging house at 67 Is Park Butte. For sale notices urge immediate sale and feature B. B. as contact in Standard Butte.
Kansas City reports cattle receipts of about 15 000 with Texans at 2.40 and steady to three cent gains. Native steers range around 7 7.4, Texas and Indian steers 2.20 to 6.00, cows from 1.50 to 2.49, calves to 5.50. Sheep receipts about 7 000 with muttons 8.15 to 3.85 and lambs 3.70 to 4.2, range ewes to 4.
The New York produce exchange shows higher grain stocks for October 4 with increases across wheat corn oats rye and barley. Wheat stocks reach 25,625,000 bushels up 782,000. corn 3,075,000 up 27,000. oats 8,344,000 up 11,000. rye 174,000 up 164,000. barley 2,767,000 up 1,049,000.
Numerous listings offer furnished rooms in Butte Anaconda and other Montana towns with rates from about 10 to 16 dollars monthly. Properties include modern amenities baths electric lights and board options at Johnston House Gow Montana 112 W Broadway 24 E Fourth and other addresses.
Henry Stineman returns from Oswego after cattle range work with Pioneer Cattle. R L Polk & Co prepares a new directory for Fort Benton Havre Chinook and Chateau County the first of its kind. Chateau county selects RB F O Nell for state senator. E W King Alder Gulch Mining and George Putnam visit Sandusky mines. King back in Lewistown. Rich Fischer recovering from gasoline blast injuries. William McTaren and Susan M Thibodeau proved desert land entries before W B Sanda.
London market summary notes Consols for money at 9 1/2 percent, various railway and industrial shares including Anaconda, Atchison and Canadian Pacific with mixed values. Metals quoted at 247 1 4 per cent and 164 per ounce.
In San Francisco on October 6 reports note tension over spring wool shipments from Humboldt and Mendocino counties stretching to Nevada. Malice alleged as workers allege disruptions to securing supply amid cross state trade friction.
Special correspondent reports on Choteau activities and business. Mortgage foreclosed on 500 sheep owned by James Greeley as Ed Williamson buys at auction. Local residents include Minnie Meibach, David Craig, M. A. Wilcox family, Sterling McDonald and wife en route to Washington for Grand Army encampment. J J Daly from Minnesota plans Poland China hog raising. Moore and Weaver to open a butcher shop. Teton Cattle Co. bought herd stock from Ralston last week.
Lewis Full of Elizabeth, a Wirt county official and local figure, attempted to murder his wife and then slash his own throat after a mental lapse sparked by the murder trial he witnessed. He and his wife were at a friend's home in Parkersburg when the assault occurred. Full survived but his wife is not expected to live. He is jailed to await further action.
Frank Sherman aged 41 superintendent of the electric power house of the Toledo and Maumee Valley railway at Maumee was instantly killed by an electric car at Monroe and Summit streets. He lived in Perdysburg. The city records show about one street car victim daily and near eighty fatalities or permanent injuries in recent months from electric car incidents.
In Laporte Indiana on October 6 Mr. and Mrs. Ernest Reece of Hudson township were taken to the county asylum to spend their last days. Mr. Reece is 95 and Mrs. Reece is 107, with health failing for him while she remains hale though mentally waning with age.
Notice from the United States Land Office Helena Montana dated August 26 1962 announces F A Jones of Anaconda Montana has filed for patents on Lake Shore No 1 lode and Lake Shore No 2 lode in the Liv er Lake mining district Deer Lodge County Montana. The claims cover 29.66 acres and 20 46 acres respectively with specified bearings distances and surface grounds. No adjoining claims exist and filing is recorded in Deer Lodge County. First publication August 28 1992.
Classified note from W. B. Miller of Lakeview Montana seeking a cheap second hand drag for cash payment.
Numerous classified notices offer rental homes flats and offices in Butte with specifics including addresses 2188 Washington 232 E Mercury 524 W Granite and 1 Walnut Anaconda listings at Me Quire Walnut and 600 Mercury. Furniture and storage items also advertised by Butte Exchange Furniture Co with prices and items like davenport tables stoves safes and wardrobes.
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