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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Aug 15, 1916

Page

14

Porphyry Coppers Show Great Advance

The quarterly reports from Utah Copper Nevada Consolidated Chino and Ray Copper indicate sharp earnings growth. Utah Copper shows net profit of 9.9 million for the quarter with production of 48.9 million pounds and cost per pound around 6.726 cents. The Arthur Magna leaching plant plans proceed, with initial units to start next year and capacity to rise to 10,000 tons per day as needed. China Copper reports 3.22 million net earnings and 19.0 million pounds produced, with plans for milling expansions and tailings treatment. Ray Consolidated reports 3.24 million net for quarter ending June 29 and a strong asset position, while production reaches 18.7 million pounds. President statements highlight improved tonnage, recoveries, and ongoing plant improvements boosting efficiency and future capacity.

Utah Copper Company Bingham MacNill Garfield Arthur Magna China Copper Company MacNeill Ray Consolidated Copper Company Aldrich Butte & Superior GS Iy Alaska Inspiration Chino Kennecott Greene-Cananea Utah Copper Nevada Miami Ray Tennessee Copper Steel Granby Montana Power Butte & London Davis-Daly Poston & Montana Development East Butte Shutte Copper and Zinc Tuolumne Butte-New York Barnes-King North Butte

Wheat futures and cash grain prices reported in Minneapolis

In Minneapolis on August 14 Wheat September futures traded around 1.4414 dollars per bushel with December at 1.48 dollars. Cash grades showed No 1 hard at about 1.50 dollars, No 1 northern near 1.45 to 1.48 dollars and No 2 northern around 1.42 to 1.46 dollars as stocks are listed.

Minneapolis Northern

Executed Markets to Confirmation Report

A terse financial note shows numbers and percentages with mixed figures such as 118 percent and 351 percent, alongside various decimal values. The fragment references execution and confirmation processes and lists multiple figures without clear context.

American Institute absorbs Mexican Mining Institute

The American Institute of Mining Engineers announces the absorption of the Mexican Institute of Mining and Metallurgy. It will become the Mexican section of the American organization funded by the merged groups. The Mexican institute was founded in 1909 by Victor M Braschi of Mexico City and adds over 200 members, boosting total membership to 3 899.

New York American Institute of Mining Engineers Mexican Institute of Mining and Metallurgy Mexican Institute Victor M. Braschi Mexico City Mexico Alme Ican Institute

Bull market mood lifts stock prices across copper shares

Profit taking limited gains as traders expect a stronger copper boom into September. Anaconda, Kennecott, Utah Copper and other miners showed mixed closes amid railroad strike fears and renewed buying, with copper stocks broadly firm and price trends pointing higher in coming weeks. New York trading reflected cautious optimism with rail and metal shares under support from European demand.

New York Reading

Copper stock market broadens as prices rise

Paine Webber & Co Boston notes copper stocks are broadening the market and prices advance readily. The brokers report strong buying in recent days indicating sustained demand for copper equities.

Dow Jones & Co Butte and Superior Quarter Profits

Dow Jones and Co plus Butte and Superior report quarterly profits for the quarter ended June 30 at 7.56 versus 13.03 in the prior quarter. New York Miami Copper shows July production at 4 310 000 pounds compared with 4 516 395 in June and 4 696 338 in May.

Dow, Jones & Co Butte & Superior New York Miami

Copper and steel markets rise on favorable trends

From the Heilbronner Co. we note copper and steels advancing 2 to 3 points. Copper upturn resumes with profit taking near close. Reading soars to 194% from 101% while St Paul Chesapeake Ohio Baltimore and Ohio and Atchison stay buoyant.

RE. F. Hutton & Co New York Warrangers Reading St. Paul Chesapeake & Ohio Baltimore & Ohio Atchison American Car Foundry Crucible Baldwin Allis Chalmers Republic Steel

Wheat weakens on stop orders and possible strikes in Chicago

Chicago markets report marked wheat weakness on stop order selling and liquidation. Factor contributions include a possible railroad strike, Canadian crop outlook, and probes into price spikes. Cattle and hog futures show mixed to firm trades while corn, oats, and provisions move lower amid selling and cautious buying.

Chicago

Copper, tin and lead futures move in mixed tones

New York reports electrolytic copper at 26 to 27 cents and tin at strong spot around 39.26 to 389.75 cents. Lead is firm at 6 cents with spelter also holding firm. Fast St Louis delivery quotes 8 3 quarters percent.

New York The Metal Exchange Spot St. Louis

Chicago Livestock Market Report August 1940s Prices

Receipts for hogs 45000 market steady to lower with sales mostly 9.00 to 9.60 per cwt. Cattle receipts 18090 Beeves around 10.80 cows and heifers near 3.60 to 9.30 western steers 6.65 to 8.70 stockers 5 to 7.80 calves 9 to 9.55 Sheep receipts 25000 market weak natives 6.50 to 7.80 western 6.75 to 7.80 yearlings 7.49 to 8.50 lambs 7.25 to 11.10.

Chicago Ife

Portland Market Totals On Hogs Cattle and Sheep

Portland Ore Aug 14 Hog market higher with receipts 38381 led by prime light 9.76 to 9.90 and prime heavy weights 9.75 to 9.90. Cattle market steady with receipts 541 showing steers 6.75 to 7.10 and cows 5.25 to 5.56. Sheep market steady receipts 414 with spring lambs 8.00 to 8.25 and choice yearlings 6.00 to 6.25.

Portland Ore

Financial Market Summary from New York Buoyant Rates

Mercantile paper steady at 3 percent. Sterling bills demand 471.16, cables 476.25. Silver and Mexican dollars quoted. Government and railroad bonds mixed. Time loans firm with 60 to 180 day rates around 2 to 8 percent. Call money high at 2 percent, low at 2.25 percent.

New York

Seattle Cattle Hogs and Sheep Market Receipts

Special Dispatch reports Seattle market figures with cattle receipts of 439 and hog receipts of 356. Prime light steers bring 7.25 to 7.50, medium to choice 6.59 to 7, cows 5.60 to 5, bulls 8 to 4.50, calves 7 to 8.50. Hogs steady to strong with prime light 9.90 to 10, medium to choice 9.85 to 9.90, heavy packers 8.90 to 9, pigs 8.75 to 9. Sheep receipts 480 and market steady at quotations.

Standard Seattle

Also Mentioned on This Page

Nevada Consolidated Chino and Ings Garfield Railway West Park Street John MacGinniss Christie H. Feene Wilcomb Zephia Job D. J. Fitegerald Butte Public Matin Street Butte, Mont Frank New York Stock Exchange ODD Lot Review Broadway New York City the Heilbronner Co Hayden, Stone & Co Hutton & Co STS Alameda AljJaska Juneau Barnes King Butte Cop Zine Boston & Montana Butte & Ely Copper King Daly-West Devil-Daly Ivanhoe Marconi Gertie Lucky Jim Krai Wan Oe Magma Stewart Success Oo Atv AO Ae Butte Main Range Carney Beaver Creek Davis-Daly Douglas East Caledonia Keystone Farrell Independence Keating Imperial North Franklin Ohio Rocher de Boule Rocky Mount Fir Stan Silver & le Success Tarbox Utah Apex Salt Lake Mines Winneapolis Gratly Butte & Bacorn Butte & Arizona Paine, Webber Ked Alta Coon Alta Tiger Albion Bingham Amal Cardiff Colorado Columbus Daly Earl Eagle Eagle Bluebell Grand Central Howell Tron Blossom Keystone Little Bell Lower Mammoth Michigan Rexalli Rochester Mines Silver King Coal Silver King Silver Shield Texan Time Central Enees Uncle Bam Union Er Ene Victor Con Ewe Walker Mining Eee West Toledo Eee Wilbert Oe Yankee Ee Alliance Bannock Gold Butte “ Arizona Butte& Bacorn Butte-Bullwhacker Lauzier - Wolcott Company Stock Brokers East Broadway Butte Stock Exchange Spokane San Francisco Bannack Fparnes-King Big Creek Butte & Apisone Hoston & Corbin Butte & Fly Butte & Great Falls Butte-Main Range Butte-Milwaukee Butte-Monitor Tun Butte-R. de Boule Butte-Spokane Butte & Zenith Caledonia Carney Copper Colusa-Leonard Copper King i .S.ss Douglas E East Caledonia Elk Basin Keating Gold Nancy Hanks Ohio Keating Prudential Elk Basin Stewart Tuscumbia Idaho Montanaire Alameda Ee Slocan Intermountain Lauzier-Wolcott Co Idora Hill Int.-Callahan Intermountain Ee Knob Hill Laclede Lucky Jim Stewart I.e Sk Paine, Webber & Co Askel Atlanta Diamondfield Florence Roidfield Consear Kenanak Lone Star Oro Manhattan Great Bend Hale & Norcross Sh Boy Nt Bietra Nevadse iii Gipsy Queen Jim Butler Halifax Midway Monarch-Pitts Miszpeh MacNamara North Star Tonopah West End Nevada Hills Round Mountain Big Jim See American Institute Mexican Mining Institute Ert As Rae Butte Lane and Investment Co West Granite Street Provement Prom Paine, Webber & CO Heilbronner Co Metal Market Portland Livestock Money Market R Safe Bank Yegen Bros Buttemont Daly Bank and Trust Company of Incorpo Shen Charles J. Kelly John D. Ryan C. Swinborne Issee Fsistant Igistant First National Bank of Butte United States Andrew J. Davis B. BB. Weirick J. S. Dutton Tor George A. Hill J. E. Stephenson Miners Savings Bank and Trust Company Capital Ww. McDowell J.L. Carroll W. G. Bawden Thomas F. Stephens S. V. Kemper David J. Charles W. L. Ronick T. J. Fenlon David Maule J. H. Roberts W. A. Clark J. Ross Clark W.a.clark & Brother Bankers Alex. J. Johnston J. K. Heslet Western Montana National Bank Missoula Mont Vooeees John Lehlon J. H. Ryman Anaconda Copper Mining Company Bonner, Montana Idaho-Montana Inv. Co
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