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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Dec 16, 1915

Page

13

Boston Authority View on East Butte Mining Stock

The Boston Authority notes East Butte finances show a $500,000 installment paid last December and aims to build working capital. Physically East Butte is cool, with plant improvements completed and capable of efficient operation, but underground ore amounts are uncertain. copper production runs about 21,090 pounds yearly at a current unit cost, with East Butte and other mines not opened yet.

Boston News East Butte Red Bears Butte Butte Is In Oool Condition During the Long Process of Paying Off Tte Pittamont Fast Butte East Bute

Mercantile and metal market update

A scrambled financial brief shows currency and bond notes with Mexican dollars and government bonds, time loan rates around 2 to 3 percent, call money near 2 percent, and closing bids. Metal prices indicate tin steady, zinc and copper steady with limited details.

Mercantile Paper Hatia Igh

Greene Cananea Copper operation resumes after shutdown

After a shutdown that began October 21, Greene Cananea Copper mines resumed. Two blast furnaces were blown on Saturday morning and production rose to full dry operation. About 1,200 workers returned, Americans rehired, and oil fuel supplied by rail after Southern Pacific repairs. October output reached 4,000,010 pounds with 2,000,009 pounds from the mining period.

Greene Cananea Copper Company Otober Southern Pacific Greene

Sixty Percent of Anglo French Bonds Taken for Investment

New York December 18 sixty percent or 301 009 00 of the Anglo French bonds handled by the American syndicate have been taken for investment, according to a Morgan statement. The cash payments of 10 to 11 percent represent the difference between the public selling price and the syndicate price. Representatives declined to comment on market heaviness, noting the daylight conditions reveal color perception changes in a feeble illumination.

W York J.P. Morgan & Co Panta Shell

Steady Progress for Boston and Montana Development

President W R Alten of the Moston Montana Development Company reports Eastward efforts to secure funds for completing the Elkburn project in Portland Maine. Development progresses with a drift rate of four and a half feet daily from the 200 foot tunnel, a new compressor to boost planning, and indications of payable copper in large quantities. Anticipated cuts on major avenues and strong ore prospects boost investor confidence despite market and production figures in New York copper output.

W. R. Alten Moston &Montana Development Company Boston Toston, & Montana Elkburn Thanha

Extraordinary stock offer for Greybull and Montana oil investment

The firm promotes a stock sale at seven and a half cents per share with a free option to receive equal shares after an oil discovery announcement in Butte. Subscribers receive an option contract with each stock certificate, permitting purchase of additional shares at the same price within the set period. The claim cites drilling progress near Mead addition in Greybull and promises favorable terms for remote investors.

Greylow Montana Butte Anaconda Mead Greybull

Also Mentioned on This Page

Hur Rex Boston Authority Money Market Metal Maticet New York The Metal Exchange Spot H.wiMiRe Yead Greene-Cananea Steady Progress Boston & Montana Portlan Cenro Pe Asco Production ESS LE RT Greybuil T. E. Butler & Co East Broadway Jacker T. B, Butler &O Butte, Mont Greybull & Montana OM Company T. E. Butler , Co Kinsella & Garland Knox & Connor West Broadway First National Bank Butte Brokerage Co F. W. Peckover Montana Hotel
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