Utah Copper production costs rise sharply in 1918
Utah Copper, a leading porphyry producer, reports 1918 costs per pound rose to 14.53 cents, more than doubling 1917 due to higher wages, supplier prices, smelting and refining charges, railroad rates, taxes, and depreciation. The company added land near Magna and Arthur plants, expanded ore area, and milled 12.16 million tons of ore with a 65.11 percent overall recovery, yielding 194.17 million pounds of copper in concentrates.
MENTIONED IN THIS ARTICLE
Utah Copper Company
Bingham
Magna
Arthur
Tailing Pond
Money Market Notes From New York April 28
Mercantile paper 75 percent. Sterling sixty day bills 4 64. commercial 60 day bills on banks 4 63. demand 4 67.44. cables 4 68.14. francs demand 6 07. cables 6 05. guilders demand 4 03.16. cables 4 6. pire demand 7 51. cables 7 49. Mexican dollars 7 7. Government and railroad bonds. call money firm. high, low and ruling rate 5 percent. closing bid 4 5 percent. last loan 3 percent.
MENTIONED IN THIS ARTICLE
New York
Mercantile Pa
Liberty Bond Prices Reported in New York
Liberty bond final notices list daily figures from New York on April 28 with prices for 34s and 4s noting first, second, third and fourth issues. Prices range from $93.44 to $98.64, with several entries at $95.90 and $95.22.
MENTIONED IN THIS ARTICLE
New York
Liberty
Week's Review of Leading Metals from Mining and Scientific Press
The Mining and Scientific Press reports a quiet copper market as demand wanes, with electrolytic copper at 15.25 cents New York and Lake at 15.50 cents. Lead prices drop to 5 cents New York, 4.75 cents St Louis, amid Mexican competition and weak demand. Zinc under pressure with weak demand and quoted near 6.15 to 6.50 cents. British stocks and government involvement cited, along with uneven U.S. and international activity.
MENTIONED IN THIS ARTICLE
Metal Review
New York
Lake
England
American Smelting and Refining Co
St. Louis
Great Britain
Northern
Southern
East St. Louis
How Copper Surplus Will Be Distributed
The United States government completes a plan for disposing of surplus copper. Producers will buy and handle the metal for the government under a pro rata share system, with monthly purchases set at 5,000,600 pounds for 10 months and 10,000,000 pounds for the next five months. Prices will be based on Engineering and Mining Journal averages, and absorption aims to end by June 1920. The government held about 140 million pounds in stock plus additional brass and copper products, with totals estimated up to 100 million pounds in extra stock.
MENTIONED IN THIS ARTICLE
United States
Boston News Bureau
Copper
War Industries Board
Engineering and Mining Journal
Stor
Power company's earnings decline in first quarter 1919
Curtailment of copper production in the Butte camp reflected in Montana Power Company's earnings for the first quarter of 1919. Gross earnings were 1,882,000 dollars versus 1,891,000 dollars a year earlier. Operating expenses, including taxes, rose over 100,000 dollars, producing a net decrease of 113,000 dollars.
MENTIONED IN THIS ARTICLE
Butte Camp
Montana Power Company
Boston News Bureau
Minneapolis grain prices and receipts report
Minneapolis grain prices and receipts show Wheat receipts at 164 cars with prices from 2.81 to 2.89 for No 1 northern cash. Corn No 8 yellow 1.72 to 1.73. Oats No 3 white 69 to 70 cents. Flax 4.06 to 4.08. Flour up fifteen cents, standard flour $12.55 per barrel. Shipments 109,418 barrels. Barley 1.09 to 1.19. Rye 1.80. Bran:
MENTIONED IN THIS ARTICLE
Minneapolis Grain
Minneapolis
Northern
Market Stocks Rally Amid Mixed News in New York
Large scale dealings dominated the New York stock market with heavy demand in industrials and specialties. Rails and oil stocks were active as a bullish mood persisted, with Royal Dutch and Sinclair among notable gainers. Eureka Bullion reported a possible deeper drill but limited near term ore body. traders urged caution and selective profit taking on bulges.
MENTIONED IN THIS ARTICLE
New York
Heilbronner Company
Texas
Sinclair
Pierce Oil
Royal Dutch
Atchison, Missouri Vecific
Katies
Southern Pacific
Lauzier-Wolcott Company
Eureka
J. A. Hogle
Salt Lake
Tintic Standard
Financial News Bulletin
Rails
Livestock Markets Report Chicago April 28
United States Bureau of Markets notes hogs receipts 61 000 with markets down about ten cents from Saturday. Prices quoted by weight range from 18.50 to 20.90 for heavy to light hogs and pigs. Cattle receipts 25 000 with bids mostly lower. heavy beef steers around 11.25, light steers 10.25 to 18.00, cows and heifers 6.59 to 15.25, veal calves 7.25 to 14. Stockers and feeders 8.50 to 15.60. Sheep receipts 16 000. lambs 17.75 to 19.65 for light weights, 17.25 to 19.60 for 85 pounds, ewes 11.75 to 15.50, springs 18.50 to 21, culls 7.11 to 7.75.
MENTIONED IN THIS ARTICLE
United States Bureau of Markets
Chicago
Lauzier-Wolcott Compan Close
Allis-Chalmers
American Car and Foundry
E.eits
Coevere
American Telegraph and Telephone
O. Ee
American Zinc and
Lea A Tee
Atchison Te
Baltimore & Ohio
Brooklyn Rapid Transit
Seve
Butte & Superior
Ee Fees
Alifornia Petroleum
Canadian Pacific Ae
Ee Eee
Central Leathe
Chesapeake & Ohio
Chicago, Milwaukee & St. Paul
Chicago & Northwestern
Hicago
Rock Island & Pacific
Chile
China
Colorado
United Food
Ceneral Electric
General Motors
Greene-Cananea
Great Northern
Ilinois Central
Kennecott Copper Ee
Rene
Louisville & Nashville
Lackawanna Ae
Mexican Petroleum
Missouri, Kansas & Texas
Missouri Pacific
Maxwell Motors
Nevada
New York Central
New York
New Haven
Hartford
Norfolk & Western
Northern Pacific
Ohio City Gas
Ontario
Pittsboro
Pennsylvania
Ray
Republic Iron and Steel
Shattuck-Arizona
Sinclair Oil
Southern Pacific Ee
Southern Railway
Serene
Studebaker Company
Sloss
Sheffield
Tennessee Copper
Texas Company
Union Pacific
Utah
Ee Western Union
Wilson & Co
Westinghouse Electric Tee
Willys-Overland
Montana Power
Ewes
Ee . E. Eee
Alaska Gold
T. Bla
Aranby
Midvale
Liberty
Portland Stock Market Report from April Portand
Portland Ore April Portand. Cattle receipts 1749 market slow best steers 14.75 good to choice 12.50 medium to good 10 fair to good 9 10 common to fair 8 9. Cows and heifers 10.50 12.25 medium to good 8 fair to medium 6 4.50 canners 4.50 6. Bulls 6 8.50 calves 5 14 stockers and feeders 7. Hogs receipts 1890 market higher prime mixed 20.25 20.75 medium mixed 20 20.25 rough heavies 18.25 19 pigs 18 18.50. Sheep receipts 356 market steady spring lambs 16 16.50 prime lambs 7 35.50 16 fair to medium 14 15 yearlings 11 12 wethers 9 10 ewes 6.50 10.50.
MENTIONED IN THIS ARTICLE
Portland
Ore
Omaha Market Report Hogs Cattle Sheep Prices April 28
Omaha market prices for hogs cattle and sheep show receipts of 10000 8000 and 11500 respectively with mixed movement. Hogs mostly steady to 20 cents lower across weights with several price ranges listed. cattle markets slow with declines for beef steers and cattle but steady stockers while veal calves and feeders show varied quotes. sheep market slow to steady with lamb and yearling prices noted across weight classes.
Market Receipts Report From Seattle Trade
Special Dispatch to the Standard reports Seattle receipts for cattle Hog prices rise 25 cents with best hogs at 20.75 to 21 dollars. Cattle and sheep hold steady against last week’s end quotations.
MENTIONED IN THIS ARTICLE
The
Standard
Seattle
Market Advances Caused by Nations Covenant News
New York April 28 A cautious note hung over the stock market but the absence of fresh foreign complications and the publication of the revised League of Nations covenant spurred further broad gains. Oils and oil rails led the advance while minor rails rose but not fully. Major steels fluctuated then closed lower as oils and related equipment boosted the market.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Crucible
Pennsylvania
Seaboard
American
Baldwin
London Money and Silver Rates Report
London money and currency figures show bar silver at 485d per ounce and money at é4% with discount rates for short and three month bills at 3.5 percent. The brief market snapshot outlines the currency and bullion pricing in early trading.
MENTIONED IN THIS ARTICLE
London
New vein opened in Moulton mine near Cascade
Neihart reports a new vein 175 feet east and parallel to the Moulton vein at 400 feet depth. The ore body matches the old vein in quality and size, with crosscuts and drifts showing 7 feet of high grade shipping ore on the north face and 60 to 70 ounces of silver per ton on the south face. Broadwater tunnel reopened to 1,900 feet, with new stopes to follow. equipment arrives to boost 1,300-foot compressor and 200 hp motor. Additional crosscutting aims for a third unity vein 450 feet below. Lead ore outcrop on South Carolina shows promising tonnage. internal shaft at 7 feet daily, expected to crosscut at 625 feet. Monthly mill receipts near 60,000 dollars. mill processes ~90 tons daily. new unit to be ready by June 1.
MENTIONED IN THIS ARTICLE
Neihart
Moulton
Cascade Mines and Mill Company
Broadwater
Butte
Unity Lode
Cascade Company
South Carolina
Greene Cananea Passes Dividend Amid Copper Market Uncertainty
Greene Cananea Copper Co directors in New York take no action on the usual quarterly dividend of 1.50 per share. The Boston News Bureau notes the move breaks a dividend streak since 1916, detailing production drops during bandit disruptions and 1917 resumption in 1918, with 1918 output at 53.27 million pounds of copper and 1.55 million ounces of silver, justifying restraint amid market volatility and 500,000 shares outstanding.
MENTIONED IN THIS ARTICLE
Greene-Cananea Copper Company
New York
Boston News
Greene-Cananea
Greene
Also Mentioned on This Page
UTA
Boston
Money Market
Liberty Bonds
Week's
Power Company
Butte Stock Exchange
Barnes-King Ae
Butte & Bacorn
Butte Copper Czar
Great Falls
le Butte
New England
New Pope
Cascade Sil. M. & A
Carney Copper
Davis-Dalyebeeeune
Fast Butte
East Caledonia
Great Butte
Montana-Bingham
Montana-Can
Mont
el. M
North Butte
Tuolumne Eee
Omaha
CURB
Austin-Amazon
Atlas A
Big Ledge
Detroit
Canada Copper
Arizona
Canada
Lumet & Jerorme
Cresson Eee
Davis-Daly Ee
Dundee
du Pont
Seeeee
Eric Lorn Seeee
Emma
First National
Uy Goldfield Con
Aeeer
Green Monster
Glenrock
Gulf Ee Ee
la Rose See
Sarees
Magma Magma Chief
Marconi Ee Ee
Mason Valley
McKinley-Daree Ee
Merritt Et Ee
Mothe Lode
Miami
Ee Temisk
Wwe
Tonopah Mining
United Eastern
United Motor
United Verde lx
Ventura
Ahmeek
Algomah
Allouez O
Tom
Ballaklava
Calumet & Arizona
Calumet & Hecla
Centennial
Daly-West
East Butte
St. Franklin
Hancock
Isle
Island Creek
Shannon O
St. . Mary's Superior
Superior
South Lake
Swift & Co
Tuolumne
Trinity
United Shoe
Utah Apex
Utah Metals
United Fruit
Victoria
Wolverine
Wyandotte
Winona
Boston Curb
Bohemia
Boston & Ely
Butte & London
Calaveras
Crown Reserve
Davis-Daly
Eagle & Bluebell
Houghton
Majestic
Nevada Douglas
New Cornelia
Ohio
Oork Oneco
NEW York Exchange
New York Stock Exchange
Heilbronner Company 47
Bro Aune
Watts
Montana
Lauzier - Wolcott Company
Pri
American Oil
Barnes-King
Alberta
Daly Bank and Trust Company of
Charles 3. Kelly
Wun
D. AN
Pescaee
Aseeeeeess Cashion
Jas. T. Finlen
J. E. Hample
John Macginniss
D. J. Fitzgerald
J. Burke
Zephin Jor
H. D. Blair
Sseece
eCaahtar Anet
Member
Federal Reserve Bank
Savings Department
Nationa
A. Clark
J. Ross Cular
W.a.clark & Bro
Alex J. Johniston
K. Heslet
First National Bank OF
Butts
Carital
Andrew J. Davis
Dutton George A. Hill
E. Stephenson
Aeat
North Main
Butte Public Stock Exchange
ED C. Sachs
DR. Lamb
East Mercury St
N. Main St
Gamer’s
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