Minerals Separation aims to claim vast patent profits abroad
Francis J. Gibbs of Minerals Separation Limited disclosed at London's December meeting that infringers in the United States must pay substantial royalties for using their flotation process. A new Minerals Separation North American Corporation, capitalized at 500000 shares, will manage U.S. operations with a New York board, led by Ballot and aided by Lazard Bros. The company reports U.S. licenses handled 14 million tons of ore last year and expects about 700000 in gross revenue, while infringers processed 13500000 tons for excess profits estimated at over 25000000 in three years. Australia operations are also noted.
MENTIONED IN THIS ARTICLE
Minerals Separation Company, Limited
England
Francis J. Gibbs
London
Gibbs
Butte & Su Jor
United States
Minerals Separation North American Corporation
Fibbe
New York
Ballot
Gregory
Messrs. Lazard Bros. & Co
Anaconda Company
Butte & Superior
Miami
Anaconda Copper Mining Company
Minerals ‘Separation Company
United States Supreme Court
Hyde
Anaconda
Tnspiration
Supreme Court
Minerals Separation Company
North America
Australia
Dividend Declared Brightens Copper Firm Outlook
The company has declared a 15 percent annual dividend for the quarter ended December 31, 1911, signaling a return toward pre war conditions. New licenses have been granted for copper and other metals with mines in allied and neutral countries, while Braden Copper plans to triple its mill capacity. The tonnage treated by the mine this year is expected to reach about 1,500,000 tons. Mr Ballot will lead the new American company and is familiar to readers in Butt and Anaconda through prior London company business.
MENTIONED IN THIS ARTICLE
Braden Copper Company
North America
Ttme
Ballot
New American Company
Butt
Anaconda
London Company
Miners of Marysville Present Their Demands
Marysville miners form an independent union led by Rolland Neenan, adopt a constitution and by laws, and present wage demands to Manager McGee of Barne. The committee urged amicable settlement, with districts allowed time to respond, while keeping the union independent of outside groups.
MENTIONED IN THIS ARTICLE
Rolland Neenan
Marysville Mine Workers’ Union
Neenan
Jerome copper stock makes Lincoln man a fortune
In Lincoln Nebraska an old Black man who ran a small restaurant profited from Jerome Arizona copper stock in United Verde Extension. He reportedly sold 2000 shares at over 30 per share after investing when the venture seemed poor, now riding in a car and flaunting diamonds as a notable figure in colored society.
MENTIONED IN THIS ARTICLE
Darkey
Lincoln
Neb
Clover
Bonanza
United Verde Extension
Jerome
Ariz
Platte
Lesman
Verde
United Verde
Alpine mine sale linked to Idaho silver boom near Banks
John A. Percival of New York has bought the Alpine mine on the Payette River forks near Banks Idaho. The Silver producer, tied to Interstate Callahan Resources, plans a new tunnel to 160 feet depth. High grade ore shipped long ago via Placerville Bolae and Omaha showed strong returns. Local work includes 50,000 pounds of supplies since October and cabins for 12 men. A far flung town chest discovery in Jewett City is also noted.
MENTIONED IN THIS ARTICLE
Boise Statesman
John A. Percival
New York
Payette River
Percival
Interstate Callahan
Idaho
Walter Harvey ‘Weed
Boise
Placerville
Bolae
Omaha
North Fork
Payette
Three Sisters Peaks
Frank Johnesse
Weed
Conditions Favor Advance in Prices Seen by Market Letter
The Hayden, Stone market letter from Boston expects higher prices given strong reserves, easy money, record corporate earnings, and robust production. It notes risk from future readjustments, warns against overoptimism, and highlights potential rallies when mistaken war-time optimism fades. It also surveys mining stories in Rossland and the Kootenay region, stressing rich ore zones and vast mineral potential nearby.
MENTIONED IN THIS ARTICLE
Hayden, Stone & Co
Boston
New York
Steel Corporation
Businese
Trail smelter era and Rossland mines appeal in Canada
P A O'Farrell writes from Trail British Columbia about the smelter city on the Columbia River, its vast mining interests including Rossland gold fields, the proposed tunnel to tap Rossland mines at 2,500 feet, and Trail control of major Rossland properties with the Canadian Pacific’s involvement shaping mine closures and resales through the War Eagle Center Star and St Eugene mines. The memoir recalls miners Cronin and Purcell, their practical approach, and the shifting fortunes of early 20th century Western mining.
MENTIONED IN THIS ARTICLE
Metworte
le Roi
London
Whitaker Wright
Canadian Pacific
Trail
le Rot
Rossland
Virginia
M. F. Purcell
Cronin
War Eagle
Sim Har
Trail Smelters Company
Purcell
Kettle River
Pend Oreille
Kootenay
Union Pacific
P. A. O'Farrell
British Columbia
Boston News
Washington
Columbia
Utah
Wyoming
Montana
Kootenays
Okanagan
Idaho
Oregon
Great American Republic
F. A. Heinze
Ace
Ces
Ene Trail
Center Star
Eagie
Spokane
Toronto
Ithe Cereare Tren Vestterteet
Mke
St. Eugene
Hast’ Kootenay
St Eugene
James Cronin
John Mackay
Marcus Daly
The
butte chamber delays government form change vote
The Butte chamber of commerce and Rotary Club shelve plans to change local government form until a definite decision on the mine tax is reached. A joint committee weighed commission and managerial options and county city consolidation but failed to agree. With a legislative fight over mine tax looming, action is postponed for now.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Butte
Chaber
Rotary Club
DS TO TUNES Novel toy dances to tunes via phone input
A new electrical toy features a small figure that dances in response to tunes whistled or sung into a telephone receiver. The device translates sound into motion, offering a novelty reaction to ambient music.
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R. W. Plage
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