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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 12, 1921
Page
9
Markets, mining and financial news report wheat advancing about a tenth to a higher level while copper and silver show modest shifts. The Chicago trading scene reflects gains across grains with light country offerings aiding the uptick as investors await further data. Minneapolis grain quotes and copper prices in New York register corroborating moves amid a cautious market tone.
The New York Stock Exchange reported dull and irregular trading led by speculative issues mainly juniors and specials. Gains in domestic oils were offset by selling in Mexican, food, and biscuit stocks while Liberty bonds faced steep losses. time money held steady with weaker 30 day maturities. A Kawanna Steel quarterly loss contrasted with equity weakness and foreign exchange declines amid broader market softness. Military police incident at Camp Dix involving a bootlegger ended with minor injuries.
The market shows an uneven holiday week with little activity across sectors. Oil stocks lead gains while rails and coppers hold steady. overall trading remains listless as investors await tax and railroad policy clarity.
Cattle receipts in multiple markets on Oct 11 show mixed movement with steady to higher trends in some categories. Kansas City notes slight gains in yearlings and calves, while Omaha and South St Paul report steady wholesale beef prices and active hogs with varied weights. Sheep receipts in several markets indicate strong demand for slaughter lambs and feeders.
Western senators telegrammed Chicago rail chiefs urging a one cent per mile fare for American Legion members traveling to the Kansas City convention. They note western rates exceed eastern ones, while the Army delegation cites lower quotations. The War Department says Idaho Montana Wyoming Oregon and Washington guards will form the Forty first Division.
A fire at the Lewistown Oil and Refining plant near Spring Creek damaged the boiler house and briefly threatened a large storage tank. Superintendent Hart averted major loss and the plant plans to resume operations by Wednesday. City women gathered at Judith Club with National Officers of the Nation of Women Voters to discuss league plans. Petitions circulate for deputy game warden appointment. J A Weaver and J Henderson potential appointees mentioned. Thirty nine minor planets were discovered in 1920.
Numerous listings for rental and sale properties in Butte including a four story furnished fireproof storage building, a southwest town area eight room pressed brick house with hot water furnace and basements, two garages, and potential two four room flats. Prices range from 1,350 to 9,000 with cash down options and owner sale terms. Also ads for farm lands, land trading offers, and services like cleaning, dyeing, and loans.
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