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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 07, 1913
Page
13
Uncertain tariff impact and steel sector woes push New York and London markets lower. Stocks show widespread declines with St Paul and steel issues hit hardest. bonds slip slightly while money rates jump to 6 percent. Trade notes and commodity prices slide as traders react to tariff schedule effects and earnings signals.
A Boston and New York market roundup notes weak steel demand and no rally in copper. Electro copper opens at 16K50 in New York for two months amid redutions in steel prices. Domestic demand remains light while producers prepare statements to boost copper sales.
Chicago markets report scarce rally in wheat with declines to new yearly lows as speculative selling weighs. Oats and corn weaken while corn holds due to wet weather, and bears pressure slightly pull pork and lard futures. Cattle and sheep receipts rise with steady to higher quotes as traders watch supply and demand cues.
The court issued three rulings involving Great Northern and Milwaukee railroad franchise issues in Grove street Choteau and a land dispute over a Brooklyn lode near Speculator. Justice Hollnwas wrote the Great Northern decision reversing prior rulings on depot land, while other opinions clarified boundary definitions and probate examination requirements in Dreadwater county.
Portland market steady for cattle hogs and sheep with receipts of 600 cattle and hogs and 1 0 lambs. Prices show steer and heifer ranges at 7.59 to 7.03, hogs around 6.45 to 618.70, ewes at 3.25 to 4 74, and lambs noted at 10 with steady trend.
Cattle 1,271 calves 26 hogs 2,120 sheep 1,478. Beef weak with half fat stock marketed poorly. Prime steers around 7.3 with cows at 5.85. majority 7.0 to 7.8. Butcher trade firmer than steers. finished swine 3.5 to 8.5, some at 9.75. Hogs and lambs mixed. receipts large, yards crowded, price range stabilizing late week. Sheep market quieted after midweek. ewes sold 28.89 and yearlings 4.4. Lambs steady 8 to 35.25. Copper and London markets noted. New York and London copper prices referenced.
In Mwertand county a Denver and Rio Grande bridge between Munson and Pivertine was removed for a fire incident just after midnight. The hinge was extinguished by men from Tryon. Damage was slight and no trains were interrupted. No guards are employed at Pryor, an independent property.
Nogales authorities said KF Mendoza, a Mexican citizen and resident of Nogales Arizona, was executed today after being arrested last night on the Mexican side of the border. Letters found on his person showed he conspired against the constitutional authorities.
Italy to dispatch a squadron to Hampton Roads to celebrate with warships from other powers the opening of the Panama Canal, signaling a shared maritime event.
National committee reforms to end their power over seating delegates in the GOP convention gain momentum. Cummins and fellow leaders push to redefine rules so state and local authorities handle credential disputes, with a national meeting eyed in Washington to push a convention by next February.
An advertisement notes West Park Street store offering the entire fall footwear stock at reduced prices to make way for an enlarged women’s and children’s department. The message targets men with a 0 pay offer while supplies last.
President Wilson begins work on expanding the Sherman act after a preliminary conference with Senator Neyland of Nevada, chair of the Interstate Commerce Committee, and plans to confer with Representative Clayton, chair of the Judiciary Committee. Discussions cover pending bills on prohibiting pooling and stock watering, price discrimination, re regulation, and redefining reasonable in light of Supreme Court usage.
In New York on October a federal arbitration hearing examined railroads facing a proposed wage increase of about 18.0 million dollars yearly. John G. Walker of Baltimore and Ohio testified that the raise would raise wages by roughly 21 percent, affecting operating expenses.
The Osservatore Romano, Vatican’s official organ, denies reports that negotiations are in progress or that relations are being re established between the French government and the Vatican. The denial clarifies no talks are taking place at this time.
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