Markets, Mining and Financial News Weather Bears Control
Chicago markets show corn advancing toward higher levels on unfavorable weather and firm January delivery with May at 1.35 and July about 1.32. Oats edged up while provisions varied, influencing bears to a discouraged mood amid steady demand. Cash corn and oats quotes listed with No. 2 yellow and white oat ranges. eggs and butter steadied, poultry prices mixed.
MENTIONED IN THIS ARTICLE
Chicago
Market Review Shows Bear Pressure on Industrials
The Lauzier-Wolcott review from New York indicates a general market trading position favored by leading shares with bears seeking vulnerable speculative spots in industrials and equipment. Steel and low priced rails are well bid as a new foreign exchange break could prompt further selling. sugar securities are advised for strong earnings while Anaconda Copper leads as a top copper producer and major silver producer with profitable zinc output.
MENTIONED IN THIS ARTICLE
Lauzier-Wolcott
New York
Anaconda
Wheat receipts and grain prices in Minneapolis market
Wheat receipts reach 233 cars, up from 94 last year. Cash prices list No 1 northern at 2.85 to 2.95, No 3 yellow corn at 1.43 to 1.45, No 3 white oats at 1 85 to 1 82 ounces, flax at 5.09 to 5.14, rye No 2 at 1.69, barley at 1.18, bran at 3.43. Shipments total 8&7 107 barrels. Flour unchanged.
MENTIONED IN THIS ARTICLE
Nneapolis
Livestock Priced In Mixed Chicago Session
Chicago market receipts: hogs 28 000 steady to 19 cents lower, tops at 15.50. cattle 10 000 receipts slow with ranges from 6.75 to 18.50 for beef steers and veal calves 17 to 18.50. sheep 11 000 strong with lambs 17.75 to 20.15 and ewes 5.75 to 12.25.
MENTIONED IN THIS ARTICLE
Chicago
South St. Paul Market News January Report
South St. Paul market totals show horses receipts 17,500. Cattle receipts 5,490 with fat steers up to 17.50 and cows and heifers to 11.75. Sheep and lambs receipts 4,500 with lambs to 8.59 and wethers to 11.25. Market steady across all categories.
MENTIONED IN THIS ARTICLE
South ST. Paul
Money Market in New York Prices and Rates
Mercantile paper 6 percent. Sterling demand 360% cables 47. Francs demand 12.03 cables 12.01. Guilders demand 37% cables 37%. Lire demand 14.19 cables 14.95. Marks demand 150 cables 152. Time loans strong all dates 7 percent. Call money easy high 7 percent low and ruling 6 percent closing bid 5 percent offered at and last loan 6 percent.
South Dakota Bankers to Convene Nationwide Meeting
Watertown announces the annual convention of the South Dakota State Bankers Association set for June 23 and 24 with 602 of 670 banks as members. A statewide series of meetings will educate bankers on the new revenue laws this month.
MENTIONED IN THIS ARTICLE
Watertown
S. D
South Dakota State Bankers’ Association
Wall Street Dives as Foreign Exchange Slumps Deepens
New York markets endure a severe slump with a weak stock market and easier money. Sterling sinks to 3.60, or 8 percent below prior low, while Italian Belgian German and Austrian quotational declines outpace neutral centers. Trading volume proves light, about 475 000 shares, with steels oils and equipment showing limited strength amid a dull day.
MENTIONED IN THIS ARTICLE
New York
Inrench
United States
Interstate-Callahan Mining plans dividend restart next month
The company announces dividend payments on its stock will resume next month per president John A. Percival. Money at the outset is quoted 6 per cent with foreign exchange weak as marks sell at 150 and sterling at 362 percent, then 360. Borrowers bid 8 percent for time funds while lenders hold back. Mixed money sits at 7 to 7 1 2 percent with few loans made.
MENTIONED IN THIS ARTICLE
Heilbronner Company
New York
Sterling Exchange
Paris
London
Germany
Crucible
Russia
Federal Reserve Board
Chicago
Interstate- Callahan Mining Company
John A. Percival
General Motors Forecasts 1920 Gross and Net Earnings
General Motors expects to handle gross business of 1 000 600 000 in 1920 and to show net earnings of 145 060 000 before year end.
MENTIONED IN THIS ARTICLE
General Motors
Spot January copper offered at 19 percent
Market notes show January copper spot prices quoted around nineteen percent with further pricing for February and March not disclosed in the available text. The fragment mentions ongoing copper market activity but provides no specific rates for the later months.
Coining of silver and remelting into bullion
An overview of silver coinage and bullion meltings from the Mining and Scientific Press. It explains coin composition, value comparisons to bullion, mint purchasing rules for bullion, melting charges, and legal nuances. It notes the trend toward reducing silver dollars in circulation as bullion value fluctuates.
MENTIONED IN THIS ARTICLE
New York
San Francisco
Orient
United States
Treasury Department
Washington
Liberty bond prices in New York at 2 55 p m
At 2 55 p m today Liberty bond prices in New York were: 34s 98 98 first 4s 92 04 second 4s 90 84 first 4445 92 80 second 4s 91 26 third 414s 93 42 fourth 44s 91 40 Victory 3s 98 44 Victory 4% 5 98 46.
MENTIONED IN THIS ARTICLE
Heilbronner Company
Alaska
Gulf & W. I
Sumatra
Int. Corp
Allis-Chalmers
Butte Stock Exchange
Bia
Barnes-King
Butte-Bullwhack
Atchison “Ee
Butte Copper
Butte-Jardine
Butte-Monitor
Beth. Steel
Butte & London
Butte
Butte & Superior
Butte-Upton
Dillon Oil O
THO Beth Motor Truck
East Butte
M & St
Montana-Bingham
Mont.-Can. Oi
Chandler Motor
Mont. Rel
Chile
Neihart Silver Mines
Kino
Oil
Columbia Graph
New York
Cerro de Pasco
Lauzier-Wolecott Company
Columbus Gas
Chevrolet
General Electric
General Motors
Greene-Cananea
Ae United Motors
Ty “Ste
VU. S. Steamship
General Cisaes
Wright-Martin
Peerless
Haskell & Barker
Barnett
Elk Basin
Midwest Refining
Steelewell Tea
Midwest Oil
Midwest Pfd
Kennecott Copper
Northwest Ree
Kelly-Springf'ld
Okmulgee Seeeeneenere
Ooo Keystone Tire
Sapulpa
Big Ledg
Missouri Pacific
Davis-Daly
Iron Blossom
Nova Scotia Steel
Nat Biscuit
Ohio Cities Gas
Kerr Lake Ee
Magma Copper
We Pacific Gas
Mason
Ohio Copper
Ray Hercules
Pittsburg Pond Creek Coal
Aa Stewart
Steel Success
United Verde
Ray Con
Yerrington
Rep Iron and St
Boston Coppers
Lauzier- Welcott Company
Shattuck-Ariz
Aske
Sinclair Oil Ref
Adventure
Serene
Stoses-Sheffield
Ahmeek Eereeeer
Southern Pacific
Algomah Tee
Southern Railway
Allouez
Stromberg Car
Rexas & Pacific
Daly-West
Davis-Daly Ee
Trans Oil
Union Oil ‘Ee
Franklin
Union Pacific
Hancock
United Alloy Stee
Helvetia
United Fruit
Indiana
Ret's
Isle Royal
la Salle
Mason Valley
Huo Steel
Mohawk
S. Steel
New Arcadian
Utah
Nipissing
North Lake
Wabash A. A
Old Dominion
Western Union
Osceola
Toa Wilson
Shannon
I'Tah Metals
Boston
Victoria
Lauzier-Wolcott Company
Winona
Wolverine Eenverest
Wyandotte Sf
North Butte
Bohemia
Boston & Bly
Ohio
Oneco P Pertierra
Liberty
Victory
Income tax forms arriving in Butte for 1918 returns
Income tax forms for individuals and corporations are available at the Butte internal revenue office in the federal building. Helena has mailed forms to all names on last year’s tax list. The official warns that anyone earning $1,000 or more must file a return. married men with $2,000-plus income must file regardless of exemptions, with penalties up to $1,000 for noncompliance. Unlisted taxpayers can request forms locally.
MENTIONED IN THIS ARTICLE
Butte
Internal Revenue Department
Federal
Helena
H. M. Dengler
Internal Revenue Office
Gold Produced in Twenty States in 1919
The Bureau of the Mint and the Geological Survey report twenty states and Alaska produced gold in 1919. California led with 840,758 ounces, followed by Colorado, Alaska, and South Dakota. The Pacific Northwest produced significant ounces and value, with the Philippines contributing 39,962 ounces, totaling 2,829,395 ounces valued at 58,488,800 dollars, down from 1918 and 1917.
MENTIONED IN THIS ARTICLE
Territory of
Alaska
Bureau of the Mint
Geological Survey
Rocky Mountain States
Pacific Coast
New England
South
Mississippi Valley
California
Colorado
South Dakota
Pacific Northwest
Washington
Philippine Islands
United States
Philippines
Northwest Mining Men Meet in Spokane
Spokane, Wash. Jan. 21 An annual Northwest Mining convention set for Feb. 16 to 21 is being prepared with a comprehensive program. Washington, Idaho, Oregon, Montana and British Columbia mining interests anticipate a large attendance to discuss post war challenges and share solutions with notable speakers on topics vital to the industry.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Washington
Idaho
Oregon
Montana
British Columbia
Production of North Butte for Two Years
The North Butte Mining Company produced 750,840 pounds of copper in December, with a comparative breakdown provided for the two preceding years. Data show monthly output patterns and year-over-year changes for the region’s copper industry.
MENTIONED IN THIS ARTICLE
North Butte
North Butte Mining Company
Iron Cap Shows Profit For Month
The Iron Cap Copper company reports November output of 608167 pounds of copper and 9081 ounces of silver. Payments totaled 89565 dollars with expenses 49583 dollars and a 39982 dollar profit for the month. J R Finlay states ore reserves up and costs down, with milling boosting profit by 2.50 dollars per ton and total profits 4.50 dollars per ton higher than eight months ago.
MENTIONED IN THIS ARTICLE
Iron Cap Copper Company
J. R. Finlay
Callahan Mines Shipping Zinc and Lead Ore Output
The Consolidated Interstate Callahan Mining near Wallace Idaho shipped 3900 tons of zinc ore and 1100 tons of lead ore in December. Zinc concentrates run over 50 percent zinc with no other minerals, while lead concentrates contain about 60 percent lead and 20 ounces of silver per ton. The ore body extends 400 feet and development reaches 1900 feet below level No 4 with multiple levels connected and prepared for stoping. Property includes Nipsic Blue Grouse and Silver State groups.
MENTIONED IN THIS ARTICLE
Consolidated Interstate-Callahan Mining Company
Wallace
Idaho
M. W. Lee
Duluth
Minn
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Minneapolis
Money Market
Mercantile Paper
NEW York Stock Exchange
East St. Louis
House
Dyer
Wall Street
Liberty Bonds
Cotion
THE
East Broadway
E. F. Hutton & Co
Clement, Curtis & Co
Hayden, Stone & Co
Wilson, Heilbronner Co
Portland
Northwest
Stock Exchange
North Main
EDC
SACHS
Palace
Mont
Alliance Eeenews
Butte New York
Silver Bow Securities
Tuolumne
van Duzen
Jerome Verde
Montana Canadian Oil
Tri-City
van Duren
Washington Montana
Willow Creek Eee Ea
Eeeer
Sas
Esch
Cummins
Consult
OUR Statistical Department
Butte, Mont
Ingersoll-Rand
A.C. M
Callahan
D. J. Fitzgerald
MO. J. Burke, Zephin Job H D. Blair
Ands
Federal Reserve Bank Savings Department
Daly Bank and Trust
Company of Butte
TME
Rarles
J Kelly
John D. Ryan
C. Swinborne
W. Place
Weasels
W. A. Clark
J. Ross Clark
W.a.clark & Bro
Alex 4
Johnston
J. K. Heslet
Generel
First National Bank
Andrew J. Davis
J. 8. Dutton
Ms. E. Stephenson
G. G. Mena
Ccsessecos Cashiiez
Andrew J. Davis Jr
Cashier
J. Forsythe
Asst