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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Sep 24, 1902
Page
13
The New York market faced drastic liquidation as investors dumped shares across classes. Banks and brokers moved to cover margins, raising call loan rates and tightening money, with reduced confidence and heavy selling driving prices down despite some late activity.
New York money on call strong at 6 7 8 per cent with offers at 8 per cent. Prime mercantile paper around 6 per cent. Exchange rate heavy with bankers bids at 485 75 for demand and 482 50 for sixty days. Posted figures show mixed rates across bills and currencies amid irregular government bonds and weak railroad bonds.
Copper trades inactive with weak undertone in New York and London. Copper bids and London futures shift mildly, with specific quotes for Lake, Me, elecsolytic, and standard grades. Tin edges lower in New York while London quotes tick down, and a steady trend for lead and zinc persists amid limited activity.
The report shows iron prices in London slipping 2s 6d to iron, with Glasgow at 58s 7d and Midlands at 63s tied. Locally iron remains quiet and unchanged with warrants nominal. Foundry prices listed for northern and southern plants and silver-related figures appear garbled.
The fragment lists J Woale Humboldt and Mendocino with a 1 percent reference to a mountain area. Limited readable context prevents a fuller event or action. No clear dates, organizations, or outcomes are evident.
Special cables show United States and Canada east of the Rockies increased total supplies by 2,536,000 bushels with Europe up 1,700,000 bushels. Corn east of the Rockies up 442,000 bushels and oats up 1,811,000 bushels.
MONEY LOANED ON CHATTEL MORTGAGES, SALARIES AND ALL OTHER SECURITIES. Butte Telephone Mortgage Co., 32 N. Main St., 2d floor.
An ad offers a reward for a lost black collie puppy aged several months. Contact 21 W Broadway Butte for return. Additional services include French cleaning and trunk repair with free delivery and scavenger work.
Fears of manipulation in September Wheat spiked early session. shorts rushed to cover, driving prices up then easing. December contracts opened unchanged then fell, corn firm on wet weather with demand steady, oats quiet, and provisions rising as shorts covered positions.
Cash quotations list No. 2 spring wheat 12c, No. 2 red 61c, No. 2 corn 61c, No. 2 oats 7c, No. 1 flax seed 1.33, No. 1 northwestern 1.53, prime timothy seed 18.12, mess pork 16.80, lard 11.50, short ribs 11.25, dry salted snowiders 8.25. Receipts show wheat 215.20 bushels, corn 20000, oats 2.3, rye 24.21, barley 46. Cen.
Cattle receipts 6500 with Texans and Joe Westerns. prime steers around 7.00 to 7.50, cows and bulls varied. Hogs receipts 11000 today, 4000 tomorrow. prices $7.40 to $8.00 for heavy and mixed lots. Sheep and lambs 22000. steady demand with wethers and lambs priced across a range. Market outlook suggests higher prices.
Consolidated money and account consols quoted at 9 percent. Shares including Atchison and Canadian Pacific listed with small percentages. Baltimore and Ohio and Southern Pacific appear with minor movements. Silver price steady at 7 1/16 pence per ounce.
F A Jones post office Anaconda Montana filed for patent on Lake Shore No 1 and No 2 lodes in Silver Lake mining district Deer Lodge County Montana. survey Nos 6508 6559 describe perimeters areas 29.66 and 0.66 acres totaling 41.32 acres with surface ground widths and bearings from discovery shafts. Location recorded in Deer Lodge County recorder books. No adjoining or conflicting claims reported.
Today's treasury balances show available cash of 216,949,047 pounds and gold holdings of 130,149,804 dollars as of September 23.
Other markets in South Omaha on Sept 2 show cattle receipts at 8.00 head with steady to slow demand. native steers 4.75 to 8.25. hogs 4,000 receipts with higher prices. heavy 7.50 to 7.55. mixed 7.50 to 8.08. lambs and sheep receipts 14.60 with steady prices. fed muttons 8.40 to 9.40. wethers 8.20 to 9.50. ewes 2.50 to 3.50.
The Sousa Band playing at the Indiana state fair faced tragedy when Arthur Bauer a 19 year old trombone player based in Oshkosh Wisconsin died in Atlantic City. Assistant Director A W Pryor received the telegram announcing the death and the band performed a somber set including Nearer My God to Thee. Bauer had left the group three weeks earlier due to uphill fever and his mother was with him. the band sent condolences and Sousa ordered flowers for her.
Kansas City stockyard figures show cattle receipts at 18000 with mixed classes priced. Native and Texas steers range around 5.40 to 8.10, hogs steady with typical sales from 7.50 to 7.70, sheep steady with muttons near 3.15 and lambs about 3.75 to 4.25, stockers and feeders 2.30 to 64.50, calves 2.25 to 5.50.
Boston reports increased inquiry in the wool market with prices very firm for fine territorial wools and strictly fine grades. California wool offerings are limited while northern cleaned and middle country wools fetch 45 to 47 cents, six to eight months, amid an exceptionally strong position for fine wool.
Fragmentary market notes list various locations including Wumbolat Mendocino Nevada Oregon and valley Oregon with numbers like 12 10c. The text is incomplete and lacks coherent events or outcomes.
Edward A. Parks of St Louis is in City hospital in critical condition after swallowing a large piece of beef at a B and O way station meal en route from Cincinnati. The meat lodged in his throat as the train stopped at a station in Eastern Illinois. Conductor Williams shouted all aboard and the man rushed to reboard. Physicians used instruments to remove the obstruction, but his recovery remains doubtful tonight.
United States Land Office Helena announces James A Dunlap of Anaconda MT filed Mining Application No 4553 for 90.41 acres of placer ground in Deer Lodge County Montana designated mineral survey No 6577 known as Sumput placer. The claim excludes the White Chief lode No 6542, lies inside the same area, with no conflicting claims noted and BP relocation recorded in county Placer Records. FRANK D. MIRACLE, register. Wire publication, Aug 21 2002.
Multiple rental notices list 2 room houses, 3 room houses, and modern rooms for rent in Butte and Anaconda. Addresses include Colorado Street, Main Broadways, Harbour Place, Fourth Street, and 22 B Meru. Contact names and phone numbers appear with several listings.
Mrs L Baus, a shirt waist maker, is listed at Excelsior in Butte with Johnston as a possible surname or location reference. The fragment mentions a trade card style entry from a historical directory.
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