Remarkably Small Total Business Report
A terse note shows a remarkably small total of business activity with signs of stagnation. Officials and traders record minimal offers and a stagnant price environment, signaling cautious market sentiment.
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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Sep 26, 1907
Page
16
A terse note shows a remarkably small total of business activity with signs of stagnation. Officials and traders record minimal offers and a stagnant price environment, signaling cautious market sentiment.
Wide declines marked by light trading left a dull session in New York, with many stocks slipping while copper prices steadied or rose in London. News of a killing frost in the West raised crop concerns, though corn showed some recovery after the news. Money remained easy as currency shipments to rural areas continued, and shorts covered, narrowing declines to minor levels.
A dense list of American and Canadian securities shown with company names such as American Car and Foundry American Locomotive American Smelting and Refining Denver and Rio Grande and Union Pacific. The page includes preferred stock notes and bond listings from firms including Erie Reading Southern Pacific Northern Pacific and Pennsylvania along with regional railroads and steel companies.
Market notes show New York call money opening around 2 to 3 percent with a high near 3 percent and a low near 2 percent. The closing level remained at 2 percent as trading continued through the session.
London spot copper opened at 65 pounds 17 shillings freights declined to 66 pounds while futures started at 6 pounds 11 shillings and closed lower. Sales record 400 tons of Laker copper with electro lytic copper grade offered.
Heavy selling by local farmers weakened the wheat market in Chicago with December futures down while corn and oats dipped. Provisions moved mixed to higher as hog prices rose, and news from Minnesota Dakota regions about frost damaged crops was sparse. The session closed weak near day’s low, led by a lower wheat tone and steady to higher pork and ribs. A separate feature discusses a long-standing series of earth observations and global station networks supporting the wobbling earth and shifting north pole.
The passage outlines how to format classified wants ads with lines under six ordinary words each, ten lines per inch. Advertisers may answer ads addressed to the Standard and receive an ecard by presenting it at the Standard office to obtain replies. Light-faced display type is used on the Want Page at regular rates.
A chaotic page blends job listings for coat makers clerks and a Catholic book exchange with lost items and assay company ads. It also includes a wildlife anecdote about a daytime fox bark and a cautionary note about state legislature reform and the perils of promising drastic political change.
Classified fragment shows rental note at Silver and 30 South Montana, Butte. Also medical ads for T A Grigg M D eye ear nose throat, Kryptok lenses, artificial eyes, and veterinary college opening Oct 1 with Dr Chas Kean in San Francisco. Additional listings for eye ear nose and throat specialists and business fixtures at 111 Hamilton Butte.
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