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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 17, 1913
Page
22
Traders show widespread reluctance to buy as prices slip across leaders. News cites currency legislation, the Mexican situation, and other concerns dimming outlooks. Total sales hover near 1,700, with copper and other metals posting varied moves. London prices for copper, lead, and spelter noted.
New York markets show sterling exchange quotes, money rates, and time loan conditions with mixed securities. The report notes firm government bonds and railroad issues, steady money on call, and weaker time loans. Cattle receipts in Oregon reflect a steady market with prime and choice steer prices listed.
The market shows choice cows at 6.00 to 6.09, welters and light calves around 6.09 to 6.90, heavy calves near 5.50 to 6.90, and hog receipts steady with hogs around 8.00. Sheep receipts are listed as none with a steady market. wethers around 4.50 and ewes about 3.00.
Chicago markets report mixed grain activity with wheat climbing on short cover and bearish Wall Street sentiment weighing on prices. December wheat opens at 5 to 6 cents high, corn and oats advance early then backtrack, oats and provisions hold firm, and live cattle and hog prices fluctuate amid receipts and demand.
Minneapolis market notes dated October reveal wheat listings including No 1 northern and No 3 northern with December and May futures, plus flax prices. The terse OCR reads like a ledger of grain bids and performance tokens from the wheat and flax trading floor.
A grand picture play titled Les Miserables is shown at the Broadway Theater in Butte, praised as one of the greatest literary and moving picture presentations. The Immortal Victor Hugo work provides a thrilling romance, with audiences invited to see it again tonight tomorrow night and Sunday night plus a Sunday matinee. The production is lauded as memorable and highly anticipated by hundreds of local residents as a major theater event this season.
North Butte and Butte & Superior face market pressure from eastern selling and legal tensions over copper agitation. Barnes-King shows high demand while Bullwhacker improves. Rio Tinto strike boosts copper outlook amid potential injunctions and reduced regional output.
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