Inspiration in July Breaks Its Record at Copper Mine
Inspiration Copper reports a record July output of 65 148 925 pounds for seven months, driven by tonnage ore extraction and a larger mill capacity. The plant, with 18 sections, operated over 16 000 tons daily in July and awaits two more sections to exceed 18 000 tons daily. A fuse blew on an eastbound New Haven bound train in New York, starting a fire and injuring a passenger woman, triggering a panic.
MENTIONED IN THIS ARTICLE
Gee Inspiration Copper Company Gravee
St Conte
New York
New York, New Haven
Hartford Railroad
O Enger
Absorbing Capital and Reasons for It
In Hayden, Stone & Co weekly market review, capital is rapidly absorbed abroad and at home. Three main channels emerge: indirect financing via bonds and new credit for war purchases, increased foreign investments, and a surge of new incorporations in the United States. Foreign funds flow to the U.S. for goods it cannot manufacture, creating liquidity and potential risks as profits recede. a long-term capital shift may lift U.S. capital costs. Wheat and cotton outlooks weaken while demand remains strong for war orders. autos face renewed competition.
MENTIONED IN THIS ARTICLE
Hayden, Stone & Co
United States
Chicago Markets Roar as Wheat Prices Surge
Chicago August markets show feverish excitement with a sharp rise in wheat as fear of crop losses spreads across the United States and Canada. Prices jump in early trading with September and December futures up, corn and oats also edging higher on expected belt losses.
MENTIONED IN THIS ARTICLE
Chicago
United States
Canada
Stott
Fear war end holds back stocks in copper market
The editorial notes that copper stocks lag others due to fears over the war’s end. Analysts cite uncertainty about when peace arrives and what follows, plus heavy selling in rails and industrials, as the core cause of the market’s muted response despite improved corporate affairs. The piece warns peace could bring both benefits and risks to commerce and industry.
MENTIONED IN THIS ARTICLE
Fungineering and Mining Journal
Financial Post
New York’ Evening” Post
Happe
Wall Street
Campiles
Europe
Copper market signs point to August average above twenty eight cents
Copper prices rose into August with figures from the Engineering and Mining Journal showing 26.12 cents on August 1 and 25.25 cents on August 2, with East Coast reports hinting prices higher than these. If the trend continues, the August average could clear the 28 cent mark and restore the $4.50 daily wage for Butte miners.
MENTIONED IN THIS ARTICLE
Butte District
Alg and
Mining Journal
Aus
Reures
Fingineering and
Lena
Spelter
Fend
Italy
Landon
Indie Hatton
New York
Pety
Bayert
Snevera
Senate backs bill to create labor safety bureau
The Senate education and labor committee reported favorably a bill to establish a Bureau of Labor Safety in the Labor Department. The bureau would investigate and report on safety plans and devices for all industries except railway operations, which would stay under the Interstate Commerce Commission after a committee amendment.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Safety
Department of Labor
Senate Committee On Education and Labor
Interstate Commerce ‘Commission
Chicago Great Western founder dies after brief illness
A B Stickney D St ray ann aus xa. B Aucknes, founder of the Chicago Great Western railroad, died at his home this morning after an illness of one week. He had suffered declining health for several years. The article notes the United States’ per capita liver consumption of 100 pounds.
MENTIONED IN THIS ARTICLE
St.ray Ann
Aus
Xa. B. Aucknes
Chicago Great Western Railroad
United States
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