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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Sep 12, 1901
Page
3
New York reports guarded gains in U S stocks with organized protection from major holders. Traders realize profits on advances amid limited outside buying and mixed treasury and bond market signals. London sentiment shifts slightly after news of the presidents wound reopening.
Money on call rests at 4 to 5 percent with last loans at 4 percent. Sterling exchange steady with bankers' bills near 4.84 and 4.82 for 60 days and 4.83 to 4.84 for commercial. Copper and tin move in London while lead, spelter, and iron hold near prior levels. pig iron warrants and regional quotes shown for various foundry grades.
The London financial cablegram reports a firmer stock market with American shares dipping about half a point after a steady open. Nervousness over President McKinley’s fresh operation is blamed by some, while others point to the monetary outlook. United States Steel rose a full point on strong New York support.
The Mail and Express reports bankers expect offers to the Treasury for about 5 to 10 million dollars as Secretary Gage seeks to purchase government bonds. Private banks are gathering bonds, with J P Morgan & Co among those soliciting them for this purpose.
Chicago market notes wheat opening higher on a crop variance, then sliding as demand wanes and supplies rise. Corn climbs briefly on old crop worry, but long positions push prices down. oats stay steady. December futures close lower across wheat and corn while soybeans show minor gains.
Cash quotations for grains show No 2 corn at 70 cents and No 2 oats at 60 cents with various weights. Flour prices steady with No 3 spring at 74 cents. Livestock data lists cattle receipts and prices, hogs steady to lower, and sheep market strength with high and low ranges.
Cattle market steady with native beef steers at 4.40, western and Texas steers around 3.50 to 4.75, cows and heifers 2.50 to 4, stockers 2.75 to 4.10, calves 3 to 5, bulls 2.25 to 4. Hogs receipts 4,800 with prices 6.27 to 6.40, heavy 6.00 to 6.60, light 6.20 to 6.40. Sheep receipts 4,00 with natives 3.20 to 3.75, westerns 2.40 to 3.10, lambs 2.75 to 4.50.
Cattle receipts listed at 15,000 with market steady. Texas cows and native steers priced between 2.00 and 5.80, stockers and feeders around 2.75 to 4.04, bulls 2.25 to 4.25. Hogs receipts 10,00 with market steady to lower. bulk sales 6.25 to 6.50, heavy 6.45 to 6.55, packers 6.30 to 6.50, mixed 6.25.
Market notes show prices for livestock and mutton steady with lambs and receipts around 3.04 to 3.65 for meat, while mining stocks list several companies with varied values. The Treasury statement reports available cash 181.57 million and gold holdings at 116.80 million as of September 11.
Washington September 11 Secretary Dan has received offers for sinking fund bonds but will withhold information on amounts offered and prices until the bids close at 4 p m tomorrow.
San Francisco dispatch surveys wool categories from Nevada Oregon and California with notes on spring wools fall wools and regional supply across the San Joaquin Humboldt Mendocino areas. The item lists mountain lambs and plains regions guiding buyers in the coast and interior markets.
The Jefferson county teachers institute begins in Boulder led by State Superintendent Welch and professors from several schools. A Thursday evening address by Mr. Young and a musical program are planned, with Friday discussions for parents. County business includes stable tax levies, deaf and blind school construction delays, new county high school enrollment, and a $500 fine for Frank Smith who polluted a ranch well.
A Boulder court case over duck shooting near Whitehall on August 25 concluded with multiple fines. I B O Pace J S Hammond Tyndall Curran and Fred Warren were involved. Pace paid 100 with costs while others faced 25 fines and costs after repeated legal challenges and a final guilty plea. Whitehall witnesses supported the shooting violation.
An assortment of property offers from Butte including a 30x159 lot with two streets, two-room brick dwelling and end-lot space, priced around £200. Anaconda road four-room brick with rear three-room frame house. a lodging house with 30 rooms for sale. an eight-room house rented at $35 monthly. two smaller houses rented monthly. and vacant 30x115 corner lot $1,490. Also vacant W Mercury streets lots at $700 each. new 3-3 room double brick compartment house rented $33. double frame north side rental $30. a 10-room furnished boarding house with corner lot at $3,100. 54-room lodging house near post office with $300 monthly net income, offered briefly at $400. boarding house with furniture for sale at $450. two Main St. business properties between Quartz and Broadway. commercial block near Park $22,000 net 17 percent. Morley & Thomas Co., 46 E. Broadway. For rent three unfurnished rooms 4538 Ohio Ave. Butte. Roth & Martin, practical horseshoers. 336 S. Arizona St. Butte.
Classified want ads list lodging and boarding house for sale at 1500, a 4 room lodging for immediate move at 1500, a restaurant at 990, a confectionery at invoice price 820, and a partner wanted in a good paying restaurant. Also rent for a saloon in Park area for 3 months, and tinware and roofing work offered by CASE & WALDECK and A E JONES.
Reliable assay office McClure Bros 316 N Main St. E Mayer Assayer 7 N Montana. Binberg Bros makers of garments. Dr T A Grigg throat and chest practice at Broadway address.
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