Anaconda Stock Outlook Amid War End Doubts
A letter from Worcester in May 1917 reflects an Anaconda Copper inquiry on stock prospects tied to war duration. It cites copper demand and price hopes, warns of uncertain market signals, and discusses implications of a European war end for copper production and investment.
MENTIONED IN THIS ARTICLE
Booten
Ptaves
Butte
Worcester
Mav
Sed
Wests
Savy
Hove
Christian Wisin
Sienies
Asteipse Seana Copper’ Company
Eid Tottion
Bsbury
Tony
Willie
Anseam Peer Reeste
Ccanicnisy
Bete Meonper
Ore reserve estimates show large copper deposits in Montana
An estimate by Frank Turner Te and the Mine Superintendent on the Ohio Copper project indicates 620,000 tons of developed ore above Mascotte level grading copper around 1 percent, plus 8,000,000 tons in the main vein and 19,000,000 tons in the southerly vein with higher copper content. A sustained, costly development program is required to mine and finance a 3,000-ton mill operation.
MENTIONED IN THIS ARTICLE
Ohio
Frank
Fred Turner
Market and company notes amid strained steel talks
The report cites Butte & Superior and American Metal Company amid a strike, noting potential earnings impact and delayed hiring. It includes market data on money, bonds, and commodities, with prices for cattle, meat, and wool. A notice from Richard Daxon warns Tarbox stockholders about false reports from manipulators seeking selfish gains.
MENTIONED IN THIS ARTICLE
Richard Daxon
Advt
Anaconda copper output falls amid labor troubles
Anaconda Copper production in July reached 12.4 million pounds, down from June’s 20.49 million and May’s 28.4 million. The drop, about 16 million pounds from June, is blamed on labor unrest, with official statements noting mines operating at roughly 74% capacity. Copper prices hovered around 27 to 28 cents, while broader market notes discuss inflation fears, railroad earnings, and investor caution amid continued price pressures and production costs.
MENTIONED IN THIS ARTICLE
Anaconda Company
Anaconda
Rice
Engineering and Mining Journal
Wall Street closes amid weather woes and profit taking
Adverse weather again curbed activity as copper, leather and oils dominated 70 percent of trading. Steel and allied shares faced pressure while crops rallied on corn and wheat amid short covering and seasonal demand. stocks closed mixed with irregular bonds and strong late buying in oats and provisions.
MENTIONED IN THIS ARTICLE
New York
Shorts
Fe Eral
Re Industria A
United States
Chicago
Indust al Dem
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Hoston
Suez
CIA
Butte “Arizona
Buitlwhacker
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Butte & Ely
Butte & Son
Butte Detroit
Bix Creek
Mont
National Life
TEE Heilbronner Company
Witi
Mation
Butte & Buco
East Butte
Mont Great Butte
Montana
Northern
OHO Copper Company
Butte & Superior Company
American Metal Company
Money Manket
Mercantile
Ats TA
Stade
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Sheen
Hale
Spencer, Trask & Coke
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Tong
Nington
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Round
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