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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 31, 1915
Page
12
Market roundup notes weak demand and poor copper showing as prices drift. Lead and copper drifted, with several stocks like American Linseed and St Paul moving modestly. overall market sentiment remains cautious with lingering Austrian tensions and a cautious public mood.
A garbled financial brief references Hammill & Co New York and Mexican Petroleum with California Petro leum related gains and a general market rally. It mentions oil stocks, earnings figures, and five months of November activity, with scattered numbers and unsettled outlook.
Logan and Bryan report that oil shares attract the most attention with chatter of a merger involving Mexican Pete and California Petroleum perhaps Angociate. Bullish sentiment persists as crude and refined prices rise. Analysts note industry underperformance and urge cautious buying of strong railroad stocks with advancing trends.
A market review assesses American Smelting and Refining, United States Smelting, Greene Cananea, Mexican Petroleum, and Southern Pacific of Mexico. It notes prior revolutions disrupted profits but predicts potential gains of 10 to 30 percent on common stock if stable government and resumed operations occur, highlighting Mexico properties, output prospects, and shared risks.
New York report notes a copter firm and electrolytic activity at 22.25 per unit. The Metal Exchange shows tin firm at spot 3 percent and 75 cents bid. Lead offered at 5.40 cents, spelter quoted. Public Stock Exchange advertises self-service trading. Secretary’s office open all day at 41 1/2 N Main St, phone 1271.
A dense OCR style list shows multiple stock orders and bids across numerous entities including Butte & Bacorn, Rocher de Boule, Ohio Keating, Butte Copper, Highland Surpris, Snowstorm, Barnes-Iking, Caledonia, Davis-Daly, Keating Gold, Silver Cable, Bullwhacker, North Butte, And many others. The page reads like a trading board with quantities and prices, referencing banks and companies in Butte Montana and nearby places. The document appears to be a broker’s bid sheet or market summary with mixed capitalized names and prices, including a final line noting Lauzier-Wolcott Company at Broadway, Butte, Montana.
The United States Geological Survey notes Nevada mine values for 1915 at about 24.57 million pounds, up nearly 18 percent from 1914. Copper rose to 67.48 million pounds, silver fell slightly, gold climbed with most from Tonopah, and Goldfield districts contributed about 40 percent of state gold. Major producers included Nevada Consolidated and Gold Field Consolidated, with over 6 million in dividends paid by December 1, 1915.
Wall Street closes with no clear trend as market trading sulks after the first hour. Investors hold back awaiting settlement of international issues. Leading issues include Mexicas Petroleum rising 6 to 114 and California Petroleum up 1 to ست, United States bonds steady. total sales reach 4,570,009 par value. South African trade falls over 5 percent amid ongoing war impacts.
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