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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jan 26, 1916
Page
11
China is viewed as a prime porphyry stock likely to boost dividends. Earnings run about $15 a share yearly, up from $4. Directors may raise the rate at their next meeting. Reaching a 3G basis could add $10 to $15 in market value per share. A $6 annual dividend would yield over 11 percent at current prices.
A Daily Mining and Financial Tee editorial extols Elk Basin and the Northern district, claiming a bright era dawns with a new company organized to mine and market its product. It touts high promise, low price expectations, and urges readers to join the speculative venture despite unclear specifics.
United States Steel steadied after a volatile session as the market’s barometer of industrial conditions, with steel shares trading around the 5 percent level following directors’ meeting after hours. Other issues showed stagnation or weakness while war stocks and select Industrials moved, and a broad list of blue chips and special securities traded with varied intensity.
Chicago markets show export demand and cold wave fears lift prices for wheat corn and hogs while wheat May opens at 1.33 and climbs. corn and oats follow. A separate agricultural notice explains Sinoxylon beetles boring through lead and insulation, endangering cables and requiring quarantine ideas. experts discuss origins and control methods.
Article notes enduring belief in amulets and talismans among soldiers headed to the front. It cites Dr Kronfeld on lead eating insects, scarabs, and four leaf clovers as sources of luck, tracing origins to Christ and ancient Greece and Rome. London wool auction prices amid large offerings are briefly mentioned.
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