Butte Stocks Surge as Investors Seek Local Mines
Butte shares surge amid a buying frenzy with Tuolumne Colusa Leonard Butte Main Range Davis Daly and North Butte drawing heavy demand. Local brokers report strong interest in Butte Main Range Colusa Leonard and Butte Superior while Tarbox, a Coeur dAlene issue, jumps from 3 to 7 cents as ore shows promise at depths and surface claims.
MENTIONED IN THIS ARTICLE
Tuolumne
Butte-Main Range
Colusa-Leonard
Bullwhacker
North Butte
Butte & Superior
Davis-Daly
Butte
Colusa- Leonard
Davis, Daly
Hon
Harbour Building
Sinbad
Boston
Butte Main Range
Butte & Bullwhacker
Main Range
Horse Canyon
Butte & Super Tier
Ecl
A. Coeur d'Alene
Tarbox
Bey
Butte & Bullwhack
Barnes
King Butte & Bacorn
Butte & Gt
Falls
Butte & London
Caledonia
Colusa
Leonard
Davis-Daly Douglas
Jerome
Hart
North Franklin
Greybull-Mont
New York
Butte-Rae House
Butte-Wyoming
of of
Butte & Zenith
Colusa’ Leonard
Ing Douglas
East Butte
Great Butte
Cope
Helena
Keatin Gola Montan Bingham
Nancy Hawke
Ational Lite Mont
Ont Keating
Pruden
Elie Bastin
Rainbow Dev
Rocher Boyle
Butte & Ely
Butte & New York
Alco
Butte& Great
Barnes-King
Butte & En Orn
Carney
Douglas
Highland
Independence
South Franklin
Copper Stocks Rally as Copper Prices Jump in 19th Century Market
Investors flood into copper shares as New York quotes 38 cents per pound for 1,000,000 pounds, with strong demand and long-term contracts. London copper rose to 169 per long ton, translating to about 35.91 cents per pound given exchange. Wire and electrolytic copper futures show firm runs, with mills running at full capacity and sales booked into late 1817.
MENTIONED IN THIS ARTICLE
New York
Mt Copper
Davin-Daly
George K Walker
Lechasing
Tan Senta
London
Mil
Metal Exchange
East St. Louis
Copper market outlook amid wartime demand and 1917 forecast
The report projects copper supply tightness through 1917 with producers delivering for 3rd quarter contracts while buyers push for long-term needs. It cites a possible 7-8 percent 1917 production gain, a 25 percent rise in 1915 output, and a potential 20-cent average price postwar. Trade data show copper strong, other metals steady, and money markets firm in New York.
Stocks Pull Series Narrow Range Amid Cautious Market
General business conditions hint at a rise yet the public hesitates as big interests push caution. Stocks closed within a narrow band with Anaconda at 99% and Alaska Gold at 89% while Nevada and Utah Copper showed small gains and losses. The note cites rising margin demands to curb speculation and predicts a likely extended period of limited market movement. Howard Huffman, secretary, notes an upcoming annual meeting for Butte Pacific Copper on December 19 1916 at 2 PM in Warm Springs Deer Lodge Montana where directors will be elected.
MENTIONED IN THIS ARTICLE
Anaconda
Butte & Superior
Alaska
Inspiration
Chino
Miami
Ray
Nevada
Utah
Montana Power
Greene-Cananea
Butte & London
Butte & New York
Davis-Daly
East Butte
North Butte
Butte-Pacile
Warm Springs
Deer Lodge County
Montana
Howard Huffman
Boston
Paine, ‘Ebber & Co
Adventure
Arizona
New York
Butte
Franklin
Baldwin Locomotive
Baltimore & Ohio
Kerr Lake
Brooklyn Bay
Teanwit
Keweenaw
Butte & Suerfer
Pacite
Chicago
Iwaukee
St Paul
Northwestern
Michigan
Rock Island & Pacific
North
Colorado
Old Colony
Old Dominions
Crudie
Pond Creek
Great Northern
Quincy
Shannon
South Lake
Interborough
Consol
Inspiration Copper
Swift Packing Co
International Harvester
N. Blaga Tamaracka
Farine Facts
MT ‘Trinity
Kansas City
Southern
Tuolumne
Kennecott
United Shoe Mach Om
Touleville & ‘Nashville
Mexican Petroleum
Miami Copper
Apex Mintouri
Ika de Texas
Missouri Pacific
Utah Copper
Utah Metals
National Lead — of Victoria
Winon
New York Central
Wolver
Wyandotte
New Haven & Hart
Norfolk & Western van Boston
Rthern Pacific
Pacine Mail
Patni Webber & Co
Pacific Tel ‘Tei
Pennaylo Barnes-King
Hing
United ‘States Steel Be
Calumet ‘& Montana
Java
Upper
Bes
Western Union
Westinghouse Electric
Am Corten
Crown Reserve
Davis-Daly i
Fortuna
Atlanta
Hollinger
Howe ‘Sound
la Rose
Magma Copper
Majestic
McKinley
Mother, Lode
Nevada-Douglas
Ontopper
Oneco
Onondako
Wall Street Close Relaxes Money Toughness on Dec 6
Wall Street closes with money easing after heavy inflow from Canada totaling 17 million dollars boosting demand. Call loans peak at seven percent, ease to six and finally three percent amid rising prices in oils, sugars, and key shares. United States Steel advances modestly. total volume about 1.08 million shares. International bonds weigh on the market, with total par value sold around 5.68 million.
MENTIONED IN THIS ARTICLE
New York
Canada
Philadelphia
Western Union
Owens
United States Steel
United States
Also Mentioned on This Page
the Heilbronner Co
Brekers AL Heilbronn
Sation, Will
Marden, Stone & Co
I Flatten & Co
United Eastern
Vec. v
Northern
Sc. Oato
Mercantile Paper
Spokane
Wolcott Co
Alameda
Heela
Surprise
Idora Hill
Callahan
Knob Hill
Missoula
Rambler Cariboo
Stewart Success
Salt Lake Mines
Paine, Webber & Co Ria
Alta
Con
Caraite Colorado
Crown Point
Daly
Daly-Judee
Eagle & Bluebell
Emma Copper
Blom
Lower Mammoth
Mammoth
Michigan-Utaha
Cipper
Reed's Peak
Rochester Mines
Silver King Coal
Sioux
Ution
GAM Mann
Boston & Corbin
Boston & Montana
Butte & Arizona
Jean Butte & Acorn
H.bullwhacker
Butte-Detcott i
SAN Francisco Mines
Webber & Co
Paine, Mia
Florence
Great Bend
Rochester
Belmont
Gipsy Queen
MacNamara
North Star Rescue
Eula
Heilbronner Company
Heston & Montana
Big Ledge
Hull
Howe Sounds
Iahoe
Jerome Verde
Mother Lord Magma Copp
Ameri
New Cornelia
Nabob
Ray Hereus
Rayfferson Ss
Stewart
de Ex Aay United Tern United Ei
Lauzier-Welcott Co. Stock Brokers
Broadway
Butte, Mont I
Idaho-Montana
Wall Street Close
Daly Bank and Trust Company of Battery 1
Charles J Kelly
John D. Ryan
Gwindorne
Kunkel
First National Bank of Butte
United States Depository
Merumeng SN
Drew Y
Davis
Dutton Roe Uml
Stephenson
Assint
Canhioe
Iners Savings Bank’ and Trust Company Capital
McDowell
J- Lecarrot
G. Bawden
Thomas Binh Fer
Maat Poe
Pritek
Rhone
Heomper David
Fenton
Caahier
Ww. A. Clark
A.clark & Brother Bankers
Alex
Johnston
Tndiv
J. Ross Clark
THE
Anaconda Copper Mining Company
Bonner
Silver Bow National Bank
U. 8
West Park Street
John_MacGinnias
A. J. Bennett
Alcheistic
HF. Pissot
A.J. Jam
Zephia Job
Dod
Eral
Coca ‘Mission
Meview
New York Stock Exchange
New York’ City