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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 25, 1917

Page

12

Butte and Zenith Veins Deepening At Crosscuts

Mining reports from the Butte and Zenith project describe new veins opened in the south crosscut about 636 feet from the station with three veins in the north crosscut and three in the south. General Manager Gibson expects two more veins soon, with ongoing crosscutting and drifting as they extend toward the 2,000 foot level. The Jersey vein shows 100 feet width and strong mineralization, Paint 20 feet, Graes 12 feet, and in the south crosscut the Economic vein 10 feet and Sulphide 15 feet with a 4.5 ounce read on crosscutting. Workforce around 40 men, with 12 in the south shift. The market rise in silver to 75 cents an ounce improves outlook for western district mines like Nettie and others in development. Meanwhile, Davis-Daly plans to develop Hibernia and Britannia in nearby claims. crosscuts, sinking, and unwatering proceed as conditions permit.

Butte & Zenith City Cregent Gibson Mr. Gibson Harvey Weed Jersey Paint North Cremont Graes Hutte & Zenith Gi Fon Davis-Daly Company Hibernia Butte & Zenith Britannia W. J. Creden Creden Bonanza Anaconda Company Spokane Launter-Wolcott Co Alama Caledonia Trhonate Hilti Consett Mn Ey Gertie Meola Highland Syprise Nm Thora Hinta Imperial Int-Callahan i Interman Jack Waite Knob Hill Missoula Rex Courolidea Rambler Casthoo Va N Stewart Slocan Star Hat Hutte Stock Exchange Bannack Gala Barnes-King Horton & Corbin Butte & Arizona Butte & Hacorn Butte-Hallakiava B. Pullwhacker Butte Copper Butte-Detroit Butte & Ely Butte & Great’ Falls Butte Main Range Butte-Monitor Tun Butte New York Butte-iz ‘de Boyle Os Butte & Superior S Ititch Lorado Davis-Daly Douglas Great Butte Montana Helena Keating Gold Ney Hawks North Butte Keating Heilbronner Company Alameda Alaska Big Ledge Butte-Ballaklava Colusa-Leonora Canada Arizona Emma Copper Federal Gora Eld Howe Sound Hunt Mother Lode Magma Copper A Mines of America Marconi Bob Tyny Ohio Copper Ly Hercules Jellerson If Stewart Volumne United Verde Bary

Quarterly disbursement rise on preferred stock shift

The quarterly disbursement for the preferred stock is $1.76 per share, while the common disbursement increases by 26 cents from the amount declared last October.

Bethlehem Steel to Increase Stock and Pay 10 Percent Dividend

Shareholders at a special meeting on February 24 will vote to ratify directors’ plan to raise common stock from 16 to 60 million and distribute a 200 percent stock dividend. Directors also boosted the common dividend from 7 to 10 percent quarterly and offered subscription rights to 15 million in new stock. Chairman Schwab asserted control would stay with him and associates, citing 1916 earnings of 61,917,928 versus 23,782,786 prior.

New York San Bethlehem Steel Corporation Wall Street Schwab Bethlehem Steel

Public Hesitating Markets Still Dull In Trading

Very light trading kept prices within a narrow range as public interest remained weak. Copper and zinc stocks moved slightly while Montana Power rose, with Anaconda Butte and other names opening, closing, and trading within small spreads.

Montana Anaconda Butte Superior Alaska Gold Inspiration China Miami Ray Nevada Butte

Wall Street Close Shows Mixed Movement on Moderately Higher Trend

New York traders held transactions to a modest scope with a tendency toward higher levels. United States Steel and other speculative favorites lifted the day’s slim volume. Bethlehem Steel rose to a close at 447, up 17 points, while shipping, oils, rails, and utilities showed varied gains and losses amid an unsettled session.

New York Stock Exchange United States Steel Bethlehem Steel Montana Power American Telehones Norfolk Western Petrograd Rome United States

Also Mentioned on This Page

Zenith Nettie Corinthian Emily York Pressed Steel Car Company Today Hayden Butte & Gt Butte T Pal Butte New York Cedar Creek Bannack Gold Barnes King Butte Butte & Bacorn Butts Bullwhach Ely London Great Palle Main Range Colusa-Leon Davis-Daly Douglas Ik Basin Fast Butte Farrell Butte Coppe Butte & London Toolumn Mont. Can Amy Rock Tlavzeb Stogh Brokers E. Broadway Eeting OF Bethlehem Shareholders Metal Market Metal “Exchange Metal Exchange East St Louis Paine, Webber Co. Paine, Webber & Co Boston Calumet & Arizona New York Exchange Greene Minneapolis Northern Mercantile Paper Chiewse Segar Seattle Livestock the Standard Seattle Wall Street Close American Beet American Can American Car and Foundry American Amer American Sugar ‘Refining American Tel Tel American Zinc Atchison Haldwin Baltimore & Ohlone Colorado Fuel and Iron Crucible Steel Erie Eraley Great Northern Great Northern Ore Illinois Central Interborough Con. Corp Inspiration Copper International Harvester Mer Kansas City Southern Kennecott Copper Louisville & Nashville Mexican ‘Petroleum Miami Copper Missouri Pacific Montana Power National Lead Nevada Copper Const Nynch & Norfolk & Western Northern Pacifics Pacific Mail Pacific Tel Tel Pennsylvania Ray Consolidated Copper Reading Republic Iron and Steel Shattuck Arizona Copper Southern Pacific Southern Railway Studebaker Con Texas Company Union Pacific I. Do U.S. Industrial “Alcohol United States Steel Do Utah Coppere Wabash Western Union Sstinghouse Electric Winona Wyandotte Portland Livestock Portiana Ure Ons Paine, Webber & Co Aaventure Ahmeek Algoman Altourz Ari ‘Commercial Leanne Butte-allaklava Caiumec Himet & Hecla Chino Copper Davin Aly Daly-West St Butten Franklin Hancock Tao Hedley Gold Helvetia Royate North Lake Tam Ey Old Colony Old Dominion Osceola Ojibway Pond Creek Quincy Ss Ray Conay Whattuck Shannon Santa Fe St Mary's Superior South Lake South Utah Swift Packing Tamarack Es Tuolumne Trinity Utah Apex Val Metals Oy Utah Con United Fruit Utah Copper Victoria Wolverine Bingham Mines Bohemia Boston & Fly Butte-New York B.& M. Dev Cactus Calaveras Cerro de Pasco Canada Con Cortes Coppermines Crown Eagle & Bluebell First National Fortuns Golanel Con Merger de Atlanta UN Green Monster Houghton Howe Sound Aeme Hollinger Oy Jerome Verde Magma ‘Copper Majestic McKinley D Business and Professional Directory of A. H. Cole Ommce West Park Street Nevada Avenue Jones Storage & Transfer CO West Broadway Manlove John Muis Gevauwas New’ Yorke Silver Bow National Bank Federal Reserve Bank Savings Department A. S John MacGinnies Cnriatic He. Pissot Witcomb Zephin Job D. J. Pie Woraid Daly Bank and Trust Company of Fuables Kelly Joh Bryan Bresgent Euahler Smatnit Antiotant Cashier First National Bank of Butte United Es Depository ‘Breage Deigent Nt “Herentaent Miners Savings Bank and Trust Company J. Charles J. Fenton Maule McDowell Hay Frank Renneke Ve Kemper L Aepomien W. A. Clark Ross Clark W. A.clark & Brother Bankers Johneton Assisi Casmiee Leauaads & General Banking Montana Red Bank Anaconda Copper Mining Company Bonner Exchange North Main Idaho-Montana Inc. Co
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