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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Aug 03, 1917

Page

12

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.

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.

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.

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.

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.

New York Shorts Fe Eral Re Industria A United States Chicago Indust al Dem

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