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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Dec 30, 1916

Page

10

Last Day of the Year on the Stock Market 1916

Yesterday marked the final trading session of 1916 on the eastern exchanges with markets closed today Sunday and New Year’s Day. Trading was light as investors closed positions, with Anaconda and other miners showing mixed year end results and dividends shaping the year’s gains.

Stoc Anaconda Anaconda Company Butte & Superior Ock Shaw Alaska Iomphacion Bom China Miami Ag. Tew Chen Rove Te Ve Pont Ray Utah Copper Greene-Cananea Nevada Granby AES Bennecott New York Bethlehem Steel United States Steel Atlantic Gulf and West Indies United States

Market commentary hints at inflation and crop prospects

The piece notes stock declines and reduced broker loans as earnings stay high while foreign risk feeds uncertainty. It warns against continued short selling after a panic, cites heavy gold imports and looming crop planting, and suggests markets face clouds despite some price strength.

Hutton @ Co Itexan Han

Wall Street Eyes Extra Dividend for U S Steel

Investors expect United States Steel to raise its extra 1 percent dividend in addition to the regular 1 percent quarterly payout. Current quarter earnings are pegged near 100 million to 1 10 million, above the September quarter’s 85.8 million, with fuel and car shortages possibly affecting estimates but a new high earnings year seen likely.

Montana” Power Davis-Daly Tuolumne East Butte North Butte Boston & Montana Europe Ford United States Wall Street United States Steel Corporation Board of Directors

Sale of Superior Steel Plant at Carnegie announced

Pittsburg December 29 The sale of the Superior Steel plant at Carnegie to a group led by Philadelphia bankers is announced. Cash payment 6 million dollars with the balance in stock of the new organization, to be named the Superior Steel Corporation and chartered under the Inns of Virginia. Portland Livestock reports steady hog and cattle markets with varied prices. copper, iron, and tin quotes mixed. butter and eggs mixed in Chicago trade.

Butte Boston New York Chicago Duluth Salt Lake Spokane Pittsburg Superior St Carnegie Group of and Philadephia Bankers Superior Steel Corporation Inns of Virginia Uniferm London Roscoe Bulletin West Texas California Middle County Southern Oregon Valley American Telephone & Telraph Anacoria Copper Sy Atchison Haldwin Baltimore & Ohio Brooklyn Rapid ‘Transit Hutte & Superior Copper California Petroleun Pacific Central Leather En Chesapeake & Ohl Pat Chicag Ahlwaukee & & 4 R. I. & Pacific Railway China Copper Bay Colo Do Cruteble Steel Am Firstlinois Center Interborough Ponsol. Corp Inapirat Internat Harvester Nonadenite Iron Steel Shattuck Arizona Southern Pi ‘Fe Sothern Railway A Studebaker Company Texas Company Union Pi Fe Sai United States Industrie Alcohol Staten Steel Utah Copper Ae Hong Wabash Astern Talon el Trie Heilbronner Company Amked Alameda Alaska Federal Great Butte Goldfield Hull Copper Howe Sound Jerome Verde Mines of America New Cornelia Naboo South Raasis Stewart Tuolumns United Verde Moston Pai Webber & Co Adventure Algoman Allouerm Arizona Commercial Calumet & Arizona Jumet & Heee Chino Davis-Daly Bi “West T Butte Franklin Ncock

Chicago markets show bearish wheat amid peace rumors

Chicago December 29 reports heavy wheat trading with prices down to May 1.70 and July 1.38 due to continued export buying offset by peace rumors and potential railway strikes. Corn and oats fell likewise. provisions declined. Hogs weak on December contracts. cattle and sheep mixed with steady to strong prices.

Chicago Winnipeg Whdk

Dentists and maternity home ad in Butte

Dr. A. H. Cole, dentist, operates 8 a.m. to 8 p.m. at Thomas Block 41 West Park Street, phone 1972. Butte Maternity Home offers 24 hour care for expectant mothers with choices of doctors, at 908 Nevada Avenue, phone 1520.

A. H. Cole Thomas West Park Street Butte Nevada Avenue Departme TPM Mainne ALT Be & Christie Pissot D. J. Witas Geral

East Butte Copper Mining Company announces earnings payout

The East Butte Copper Mining Company A wishes to pay stockholders of record as of December 31, 1916 from current year earnings. The payout date is January 29, 1817. Frank P. Son serves as Treasurer. Notice dated December 22, 1916.

East Butte Copper Mining Company Frank P. Son

Wall Street Closes Quiet After Holiday Duel

Wall Street ends a year with dull trading and mixed results. Bethlehem Steel rises sharply while United States Steel falls then recovers. copper and shipping shares firm. Bond markets hold steady as money rates ease. Wool and sugar markets show mixed firmness amid regional production notes and price trends.

Also Mentioned on This Page

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