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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jan 03, 1917

Page

12

Anaconda copper output at Washoe and Great Falls smelters

The December production at Washoe and Great Falls smelters neared 26 million pounds, bringing 1916 total to about 200 million pounds with a monthly average around 27.8 million. Cold weather trimmed November and December, but mines and smelters are back to full force as of New Year’s Day, with copper demand expected to stay strong. Anaconda’s annual report projects roughly 325 million pounds for 1916, with costs near 11 cents per pound and profits near 47 million dollars. The note discusses dividend conservatism, outstanding shares, and a planned large cash surplus to fund future needs, including retiring 16 million in notes and potential 1917 earnings above 11 dollars per share.

Washoe Great Falls Eastern Mining and Financial Anaconda Company Anaconda Copper Company Anaconda

Federal mining experiment station opens at Washington university

Seattle Jan 2 The federal mining experiment station recently installed on the University of Washington campus opened today. It occupies the bureau of mines building and will study large industry problems for Washington Oregon and Idaho with sub stations planned with Oregon State Bureau of Mines at Corvallis and the University of Idaho at Moscow.

Seattle Federal Mining Experiment Station University of Washington Bureau of Mines Washington Oregon Idaho Oregon State Bureau of Mines Corvallis University of Idaho Moscow

North Butte Mining Company Dividend Declared

North Butte Mining Company declares Dividend No. 41 of seventy five cents per share on 430 000 outstanding shares. Payment due January 29 1917 to stockholders of record at close of business January 12 1917. Transfer books will not be closed. Signed F B Kennedy secretary treasurer New York December 27 1916.

North Butte Mining F. BR. Kennedy New York N. Y

Copper Stock Rally Falters as Peace Plans Stir Markets

Investors weighed rumors from Washington as stocks strengthened early but slipped toward the close. copper demand remained robust with dividend boosts easing stress. Michigan and Caribbean mining shares opened high, then fluctuated. The National City Bank notes warn that war end remains distant, trade opportunities will rise, and Mexico tensions loom, while several mines report varied daily ranges and a Miami company declares a 50 cent extra dividend.

Germany Utah Hutte & Superior Inspiration China Miami Ray Kennecott Greene Cananea Granby Alaska National City Bank United States Mexico Washington Lansing Gregory McAdoo Baker Davis-Daly North Butte Tuolumne East Butte Butte & London Leston & Montana Butte-Ballaklava Miami Company London

Market tips and stock notes dull to steady in early January

Paine Webber and Heilbronner anticipate steady to better prices for several stocks. Buoyant copper and high metal prices support Lake and Tamarack while Mohawk Range and Pond Creek trade hints rise. Southern Railway may shift to dividends, Marine and Western Union seen as solid plays. Seattle livestock shows higher hogs at 10.60 to 10.70, cattle and sheep steady.

Seattle the Standard Paine, Webber & Co Algomah I ‘Daly West St Butte Franklin Hancock Healey Ota Island Creek Mayflower Mohawk Mason Waties Colony Dominion Osceola Quincy Santa Fe Story Superior Boston Swit Packing Shattuck Marack Trinity Utah Utah Apex United Fruit Cary Victor Wolverine Winona Boston Paine, Webber Barnes-King Bingham Mines Regale Big Sea Bohemia Ston & “Ry Butte Arizona Corte Crown Reserve Magle & Bluebell First Emma Ational Fortunate U Goldweld Atanta Goldfield Monster Houghton Howe Sound

Wall Street Close Sees Mixed War News and Heavy Industrials

New Year trading opens with higher quotes and volatile moves as war news suggests prolongation of the conflict. United States Steel leads gains among industrials, while copper and other metals retreat late after an early uptick. Bond sales total about 4.78 million par with U S bonds unchanged. rail and remittance markets show weakness amid uncertain overseas orders.

New York United ‘States Steel Miami Copper United States

Crop values rise nationwide led by Texas

Washington reports total farm crop value for 1916 near 8.93 billion dollars, up about 2.11 billion from 1915 and 2.87 billion above the 1910 14 average. Texas leads in crop value with Oklahoma rising to second, followed by Nebraska Georgia Kansas Pennsylvania New York Indiana and Ohio amid widespread gains.

Washington Department of Agriculture Texas Tlinois Oklahoma Nebraska Georgia Kansas Pennsylvania New York Indiana Ohio North Dakota

Also Mentioned on This Page

Heilbronner Company IRECT Montana Barnes-King Butte Bacorn Butte & Great Butte & Arizon Douglas Great Bull Carney Elk Basin Cedar Creek United Eastern Bannack King Ted Bacorn Bullwhacker & Ely W Leonard Yoo Great Butte Copper National Site Tarbox Tuolumne ONFIR Mation Bannack Gold Barnes King Butte Bullwhacker Chicago Duluth Salt Lake Spokane Lauzier-Wolcott Company Stock Brokers East Broad Butte, Mont Advanc Paine, Weber & CO Lake St Mary's Range Tamarack Pond Creek New River Hutton & Co Southern Railway Western Union Wall Street Close General Electric Great Northern InterborouRn Consol Corp Cre Marine Prd Etts Kansas City Southern Miami Missouri Tex Missouri’ Pacific Montana Power National Lead Nevada Copper Gentral N.Y Norfolk & Western Northern Pacific Pacific Mail Pacific Pennsylvania Bay Consolidated Copper Republic Tron Steel Arizona Copper Southern Pacific Studebaker Company Texas Company Union Pacite United States Steel Utah Coppersie Wabash Westinghouse Electric Ely Hutte Colusa-Le Nerd Canada Chile Davie Alga Emma Opper Deral Great Bitterfield Cn Hull Tyanhoe Jerome Verde Magma Copper Ameria New Cornett Bera Gray United Verde Ana Foundry Americ Anacon Atchison Baldwin Loe Tive Baltimore Brooklyn Colorado Crucible Steel Ana Arizona Stax Investing Corta Ste Airizona Tate Orphyry W Wilson & CO Butte Hotel Mont Bupte Stock Exchange Bia Big Creek Butte Public Stock Exchange North Main Idaho-Montana Inv. Co Granite Sant_Park Avenue Qole Mas Banking Club Yegen Brothers Bankers Boston & Corbin Hoxton Hutte & Racorn Hutte Great But Helena Keating Bingham Nancy Pruden Rainbow Gar Harret N York Silver Bow National Bank Federal Reserve Bank Savings Department U. S West Park Street Joan MacGinniss A. J. Bennett ABS Onratie HF Pissot A J Lincolds Bephin Sob Pied Wera Western National Bank Daly Bank and Trust Company of First National Bank of Butte United States Depository Pital Andrew Travelers W. A. Clark W. A. Clark & Brother Bankers Auer Jo Jqenston Searecet AsaiotaTt Gacle & General Banking Burt Ean J. Ross Clark Anaconda Copper Mining Company Bonner
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