Market Recovers as Stocks Make Gains Across Mines
The market recovered with gains in copper, silver, lead and other metals, lifting weary investors. Anaconda and Utah Copper led the rise, while rails and steels also rebounded. turnover neared 2,000,000 shares as brief optimism followed a war scare.
Arizona Copper Belt Leads All Mining Booms
A San Francisco mining figure, Harry Macmillan, touts Arizona copper districts as the era’s strongest boom. He notes Verde Extension and Jerome area activity, with Magma and Superior camps drawing eastern capital, rail access, and new mills. The Superior district shows widening ore and 11 percent copper grades at 1600 feet, sparking investor enthusiasm and multiple company formations.
MENTIONED IN THIS ARTICLE
Arizona
Harry Macmillan
San Francisco
Montana
Goldfeld
Nev
Macmillan
Butte
Allona
The
Standard
Govaneld
Macmallan
Montanan
Castoa
Nevada
California
Utah
Arizon
Stupendus
Tonopah
Goldfield
Cateifornia
Gatman
Arte
Oatman
Tan
Maing Company
Sted
William Winsiey
Fry
Edwin Swift
Swift Packing Company
John Mitchell
Ilinois Trust and’ Savings Bank
Magmillan
Taendry
Bill
United Verde
W. A Charis
Jerome
Jeromne
Globe
Saga Copper Company
Superior
Magma Superior
Magma Holdings
With & Hate
Louis Cates
Ray Consolidated
Magma
James Douglass
Verde Extension
Dundee-Arizona
Bradsley & Requa
Coeur d'Alenes
Alaska
Calumet & Arizona Company
Kone
Wall Street Rebound Seen Amid Broad Stock Gains
Rallies of 3 to 10 points led by Gulf States Steel and Bethlehem Steel mark today’s rebound from the prior session. Total 1,775,000 shares traded, with a constructive tilt and advances in Allied stocks, copper and motor shares, while International bonds rose aside from Paris.
MENTIONED IN THIS ARTICLE
New York
Gulf States Steel
Bethlehem Steel
Ion
Thextres Scuona
Ihe Crucible
Lukawanna
Sloss-Shemeld Steels
Republic Iron
General Electric
International
Paria
United States
East Butte Dividend Declared One Dollar Per Share
East Butte Mining Company directors announced a first quarterly dividend of 1 per share, totaling 411000 to be drawn from treasury funds. The company, capitalized at 6000000 with 411009 shares, holds over 2 million in cash and a monthly income of over 260000 from copper and smelting. 1916 copper production reached 12542088 pounds with year-end projections near 19000000 pounds, signaling a 50 percent rise from 1915 and stronger silver output. The firm is debt free with robust plant and mining operations, and stock traded between 16 and 174 per share yesterday.
MENTIONED IN THIS ARTICLE
New York
Anaconda
Butte & Superior
Alaska
Chino
Utah
Nevada
Strami
Ray
Kennecott
Montana Power
Greene
Can- Anca
Granby
Clonea
Davis-Dely
Butte
Tuolumne
Karth Butte
Butte & London
Boston & Montana
Utah Co
Gunn-Thompson
George Gunn
William Thompson
Montana
Boulder
Superior
Arizona Central
East Butte Mining Company
East Butte
Treaciry
East Butte Company
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Hetlbronner CO
Hutton & Co
Lansing
St. Utah
Ingus
Lowe
Wall Street Journal
Dow, Jones & Co
Europe
Samuel_Untermyer
Monta
Nancy Hawk
North Butte de
Elk Basin
Dainbow
Dev
Rocher de Boul
Tarbox
Paine, Webber & Co
Diamonafield B
Florence
Iosie Goldfeld
Mer Mines
Iver Plek
White
Jim Vity Hs
Rochester
Ophiri
Ste A Nevada
Union
Dim Butler
Id Monarch-Pitts
Reece Eula
Heilbronner Company
Hayden, Stone & Co
BE. F. Hutton & Co
Main
Suez
Ides Butte
Jerome Verde
Nabob
Pacurn
Great Falls
Butte & Ely
London
Big Creek
Leonard Ext Gall
Switen Davis
Daly
King Butte
Gutte
Colusa
Leonard
Butte-Main
Davia
Great Butte Howe Sound
Mont
Stock Exchange
North Main
Idaho-Montana Inc. Co
Akg of
W. Anacon
Wall Street Close
Chicago
Metal Exchange
St. Louis
Seattle
Ameri Car and’ ‘Foundry
Ameri Locomotive
Ame Refining
Ameri Te
Tel
Moston
Boston
Ananda Copperay
Asker Atehi
Askeil
Matawan Locomotive Fe Adventure
Bingham Mines
Time
Ohio
Brooklyn Rapid
Bohemian Buye & Supe
Altona
Boston & Iy
Roforna Petroleum
Arizona ‘Commercial
Batt & London
A Pacific
Ots Central Leather Oe
B.& M. Dev
Chesapeake & Ohio
Milwaukee & St Paul
Met & Alona
Chicago & Northwestern
Calumet & Heclares
Calumet & Corbin
Calaveras
Rhin
Cherokee Colorado
Davis-Daly
Corn Products
Daly-West Corten
Intiller's Securities East Buttery Crown Reserve
Renes
Franklin
Eagle & Rivel
Hancock
First National
Medley Gold
Fortuna
Grethern
Isle Royale
Crook
Con
Interborough
Indiana
Houghton
Marie
Keweenawee
Hollinger
Kansas
Kerrake
Jerome, Verde
Kennecott Coles la Balle
Atiami Oper
Cornelian National
Onio Copper Oy
North
Oneco
Arcadian
Ray Hercules
NOH
Hartford
North Butte
Miami
Folk
Colony
Northern Pacific
Old Dominion
Pacit
Tonopah-Helmont
Pennsylvania
Ogibway
de Nevada Mining
Ray Consultante Copper
Creek Akg
Rerde
Reine
Quincy Ae A
Unite
Yukon Gold
He Tron
Steel
Shannon Truck
Arizona Copper
Sante
Southern Pacific
St. Mary
Southern Railway
Seceeen Superior & 54
Studebaker Company
Tor Copper
Texas Com Ny Tiail
South Lake
Union “Pac
South Utan
Swift Packing
Winona
Big Jim
Big Ledge “S
Buttes Bantakdava
Bite & Ely
Butte-News
Canaan
Chile
Douglas
Emma
Golafeld
Hull
Howe Sound
Tron
Blossom
Jerome V. Rae
Minos of
America
New Cornelia
Hercules
Ray Jefferson
Barnes-King
Butte & Bacorn
Butte-Bullwhacker
Butte & Bly
Butte & Great Falls
Great Butte
Rocher de Boule
Butte & Great
Lauzier-Wolcott Company
East Broadway
Butte, Mont