Crop factor underestimates nation’s wealth impact
The weekly market review by Hayden, Stone & Co. warns that crop shortages depress the economy despite wage-arbitration hopes. It notes two key factors: a potentially favorable labor settlement and a more damaging outlook from wheat shortages, with no easy fix beyond price increases. The analysis emphasizes serious crop deficits, nearing 1911 levels, threatening export capacity and overall market stability.
MENTIONED IN THIS ARTICLE
Hayden, Stone
Yoward
Market outlook hints at cautious rally limits
The analysis notes relief from railroad fear and some earnings to sustain a rally but highlights heavy loan burdens and mediocre crops. It argues limited broad upside, seeing a traders market with reduced excesses, yet few major opportunities relative to risk.
Emma Mine Development Keeps Steady Pace Amid Refinery Delays
Work at the Emma mine progresses with 26 tons of zinc ore daily shipped to the Washoe smelter via Anaconda refinery. Delays at Great Falls zinc refinery push August plans to focus on development, hoisting only ore tied to that work. By September 1 the Great Falls plant should start, Anaconda plant to begin late August, while crosscutting from the Gagnon shaft nears Emma lode.
MENTIONED IN THIS ARTICLE
Emma Tabe
Devel
Washoe
Anaconda
Great Falls
Emma
Butte, Anaconda & Pacific
Gagnon
Emma Lode
Bept
Iron Blossom Output to Rise in September
A Provo Utah dispatch reports the Iron Blossom company will increase output starting in September. The Knight companies monthly meeting announced the plan as smelters resume accepting ore, a move welcomed by stockholders after a month of low tonnage. Copper ore development continues with a 1200 foot level cut and a 1700 level advance from the south end.
MENTIONED IN THIS ARTICLE
Provo
Utah
Blossom ‘Company
Knight Companies
Iron Blossom
Stock Market Activity Continues With Bullish Copper Rise
Stock market activity remains buoyant with copper leading gains as demand strengthens. Trading on the New York exchange surpasses 100,000 shares in early hours amid high interest from investment buyers seeking safe returns. Several metals issues show gains and rumors of dividend increases circulate while many stocks open higher and close near intraday highs.
MENTIONED IN THIS ARTICLE
New York Exchange
Iast
Anaconda
Lute & Superior
Iara Ows
London
Stantea
Sane
Promising Leads At Butte And London Copper Mines
Reports from Butte and London describe promising leads in both the north and south crosscuts with mineralization evident in the Granite. Crosscuts show 176 feet from the station on the 1600 foot level and 226 feet in the south, with work to continue and ore bodies expected within weeks. Paine, Webber & Co note copper stocks rising and a broadening market, while hints of foreign orders and copper production trends suggest a strong market ahead.
MENTIONED IN THIS ARTICLE
Butte & London
Rainbow
Prom Paine, Webber & CO
Paine, Webber Co
Boston
Atlanta
Benes-King
Reaton
Montana
Hutte & London
Butte
New York
Calumet& Corbin
Caledonia
Cohen-Leonard ix
Canada
Con
Arizona
Chile
Davis-Daly i
Emmi Copper
Goldfield
Homestake
Jerome Verde
Kerr Lake
Mags Uy
Mines of America
Majestic Copper
Oper Rocher de Boule
Stewart
Success Das
South Lake
American Car and Foundry
Baldwin
Booth
Baltimore & Ohio
Blue Ball
D. A
Brooklyn
Rapid
Transfe Or
Omb
Butte & Superior Copper
Fornia Petroleum
Canadian Pacific Diamondfield B
Central Leather
Florence Kesapeake & Ohio
Chicago’ & Northwestern Lone Star
Chicago, Rock Island & Pacific
China Copper
Colorado Fuel and ‘Iron Eilver Rick
Manhattan
Erie
Rena
Mineral Electric
Eat Northern
Virginia
Jet Northern
Lols
Mate & Norcross Minors Central
Interborough
Consol Ory
Jopnie Inapiratic Copper
Eavage
Internatial Harvest
Steren Nevada
Mer ‘Marine Pidco
Union
Kansas City Southern
Kennecott
Louisville & x Ihville
Western
Lake Sim
Northern Pacine
Mtwu Pacific Mail
Pacific Tel
Pennsylvania
Ray Consolidated Copper Reading
Public
Tron and Steel
Ron Apper
Southern Pacific
Southern Railway
Studebaker Company
Tenness Copper
Texas Pany
Union Pacific
United States Steel
Ido
Tah
Wabash
Western Union
Westinghouse Electric
Market notes on railroad strike and steel stock activity
The report discusses a potential settlement of a railroad strike and its impact on prices. United States Steel reached a six month high at 89% but closed down about a half point. Small steel stocks moved in step with the market, with optimism to buy now but not wait for dips.
MENTIONED IN THIS ARTICLE
United States Steel
Cerro de Pasco Dividend Remains Dollar a Quarter
Cerro de Pasco dividend remains one dollar per quarter. Board signals conserve cash for Bolivian mining expansion as monthly output nears record levels. Seven months' production yields substantial profit, with available funds supporting a large dividend and bond obligations.
MENTIONED IN THIS ARTICLE
Cerro de Pasco
Cerro de Sco
Cerro, de Paso
Fed
Fter
Cost of production low at Utah Copper
The article compares porphyry copper mines showing Utah Copper with the lowest production costs. It notes quarterly costs per pound, highlighting Utah Copper at 6.72 cents, other mines like Ray, China, and Nevada Consolidated with higher figures, and argues Utah Copper is strongest in low-cost output.
MENTIONED IN THIS ARTICLE
Utah Copper
Porphyry
Europe
Utah Copper Company
Ray
China
Xevada Consolidated
Butte
Butte and Superior To Start Thursday At Black Rock Mine
Butte and Superior will resume operations at the Black Rock mine Thursday morning with the entire day shift starting at 8 o'clock. Repairs have taken longer than expected due to shaft retimbering after last Sunday's accident. The shutdown spans about 10 days, roughly a third of August, as management aims to finish repairs and prevent another shutdown before the new shafts are ready.
MENTIONED IN THIS ARTICLE
Black Rock
Butte & Superior Company
Wall Street Close Rallies on Rail Talks and Brit Loan
New York Aug 15 optimism over railway labor talks and a large British loan lifted markets. United States Steel jumped to near its best this year while Reading led gains in a broad rally across rail and investment issues. Bonds stayed steady as traders shifted to Anglo French 6s and new French notes amid active equity demand.
MENTIONED IN THIS ARTICLE
New York
United States
Carranza frees U S railway plant manager
Washington reports H A Dui American manager of the Mexico Railway plant has been provisionally released after imprisonment by Carranza last May. The United States has made repeated representations seeking his release.
MENTIONED IN THIS ARTICLE
Carranza
Washington
H. A. Dui
Mexico
Ciranza Singe
United States
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Emma Mine
THE
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Wemtathy
Omrece
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Pacilit
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Beautiful
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West
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Advancin
Ian
Heilbronner CO
Morgan
Great Britain
Hast
St. Louis
F. Hutton & Co
Hupte Stock Exchange
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Alliance Vf
Black Gold
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Big Creek
Butte & Arizona
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Ay Butte-Ballaklava
Butte-Hullwhacker
Boston & Corbi
Butte Copper
Butte & Ely
Butte & Great Falie
Saint Ron Butte
I ‘Aukee
Butte-Monitor Tun O Logan
Bryan
Rhe
Boston & Montana
Onion Pacific
Buttonia
Colusa-Leonora
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Butte & Superior
Wall Street Close
Heilbrenner Company
Alaska
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Stock Exchange
North Main Street
Butte, Mont
Yegen Bros
Buttemont
Capital
Daly Bank and Trust Company of Ae
Eneral Banking Business
Bare Lee
Kuneel
W. Place
Chanter Cashier
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Apg Surplgas
Wernick. & Dutton
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Ny Capital
Sarptan Uit Prosta
McDowel
Je le Carroll
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Thomas Bem
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David Petts
Remick
Heee
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Hee
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Hoberta
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W. A. Clark
W. A. Clark & Brother Bankers
Alex J. Johnston
Casnier TC Haseet
J. Ross Clark
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Anaconda Copper Mining Company
Bonner
Idaho-Montana Inv. Co
West Granite Street