Coppers Fluctuate Amid Market News and Labor Talk
A lull in copper stocks dominates trading with Amster Copper and related issues showing little movement while Union Pacific faces retrenchment rumors. Reports from Paine Webber and Logan & Bryan note widespread selling in rails and industrials, with cautious outlook on a sustained rally and possible short covering if Congress adjourns.
MENTIONED IN THIS ARTICLE
Amster
Union Pacific
Paine, Webber &No
Boston Wire
Corbin
New York
Congress
Logan & Bryan
Washington
Michigan copper iron and coal mines valued at 190 million
Prof J R Finley told the Michigan tax commission the state’s copper iron and coal mines are worth 190 161 745 dollars in his two month appraisal. Copper mines 69 815 000 iron mines 119 485 000 coal mines 861 745. He notes iron profits rise, copper not much, and only nine Michigan companies profited in the last five years.
MENTIONED IN THIS ARTICLE
Lansing
Mich
Michigan
J. R. Finley
State Tax Commission
Finley
Mining Law Reforms urged by U S Geological Survey Chief
George Otis Smith, director of the United States Geological Survey, presses to revise mining laws including the apex rule. He urges leasehold systems and enforced development to unlock phosphate and metal resources, reduce idle claims, and balance public land use with private rights.
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Butte
Apex
George Otis Smith
United States Geological Survey
Michigan College of Mines
Idaho
Wyoming
United States
Western Australia
Australia
New Zealand
Milners
Bridge to span Pipe creek near Libby for new settlers
Libby Montana August 21 work begins immediately on a bridge across Pipe creek on the north side of the Kootenai river about five miles from Libby. The bridge will serve recent forest homesteaders now occupying the land. J M Duthie county surveyor prepared the plans.
MENTIONED IN THIS ARTICLE
Libby
Mont
Pipe Creek
Kootenal River
J. M. Duthie
Little Girl Improves After Garden Slide Accident
Dale Townsend, 11, daughter of Dr and Mrs Townsend of Ruby, is slightly improved after a painful accident at the gardens Saturday. A loose board on the slide struck her hip, the jagged edge drove into the body, and a stick was extracted. Her mother remains at her side as doctors hope for no serious aftereffects.
MENTIONED IN THIS ARTICLE
Dale
Decors
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