Market shows favorable rebound amid cautious optimism
The market regains ground for the first cheerful day since the Claflin setback with gains attributed to encouraging crop reports, higher dividends, and renewed demand factors. Bond activity varied while several major issues including copper, rail, and utility stocks advanced or held steady as gold exports showed strength and prospects of recovery persisted.
Ohio-Keating plans for reorganization and mine closure
A stockholders statement from Ohio-Keating Gold Mining announces mine shutdown due to sustained losses and high costs. It calls a special meeting for August 5 at 3 pm to consider converting to assembly stock and approving a mortgage bond to refinance debt. The plan includes a proposed 15 cent per share assessment to fund a mill and mining reforms to treat ore at the mine, plus a reassessment of operations at the Keating property nearby and a total indebtedness of about 113,925 dollars.
MENTIONED IN THIS ARTICLE
Ohio-Keating Gold Mining Company
Butts Stock Exchange
J. E. Oppenheimer
Ite
Keating Go Mining Company
Radersburg
Alameda
Butte-Radersburg
North Franklin Tuolumne
Butte
Keating
Ohio
Stewart
Stocks Rise on Unexpected West Confidence
In early trading stocks climbed amid unexpected strength led by western buyers and favorable crop outlooks. Amalgamated rose to 6% intraday highs. Anaconda, Stand.
Chicago Markets Dip on Moisture Fears in Wheat Belt
Chicago market report shows wheat slipping to season lows on moisture concerns while corn and oats swing. July wheat at 77 5/8 cents and September 77 1/4. Hog and cattle markets mix as receipts hit 11,000 while hogs remain steady to strong and cattle range from 8.00 to 9.50. Sheep prices trend higher with a wide spread across grades.
MENTIONED IN THIS ARTICLE
Cincinnati, Hamilton & Refault
Kansas State Agricultural Department
Chicago
Haas
Beever
Alves
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C. B. Hoskins & CO
North Main Street
Eare
Newo Ind
T. J. McCarthy
Anaconda Copper Mining Company
Bonner
Montana
ED Rose
North Main St
Main ST
Friedmann
State Savings Bank
Fashion Cleaning and Dyeing CO
East Park
A.& P.ry
Atherton Place
Ince
New York
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Great Western
Milwaukee & St
Chino Copper
Colorado Fuel and Iron
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Denver & Tito Grande O
Cencess Distillers” Securities Erie i General Bieewire
Great Northern Preferred
Great Northern Ore
Guggenheim Exploration
Mexican Petroles
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Teierah
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aMack Trinity
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Puriehed Oy Paine, Wepber & CO
Asion
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Butte& Iy
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Om Cactus Pg Calan
Cala
Corbin Crown Reserve
Corer Davie
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Ead
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Jim Butler
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Prines Consolidated
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Columbia
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Cana’ Marconi Victoria
Wilbert
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Standard
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Ees
Hela
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royreene-Camanea Forset
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Gole
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Michigan
Miami
Mohawk Nevada Consolidated
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Dominion
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Switt
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Hellbronner Company
Alos
Close
Arcadian
Ant Jutte & Superior
Salumet & Aria
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Greene-Cananes Pt Cock Uw
Royale
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North Butte
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Dia Colony Co Real Superior
Utah
Apex
Viax Atvidend
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Hraden
Belmont
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Ohio-Keating
Fred ‘T. Green
West
Time
Anaconda
Uprom
the Evening Post
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Stock Exchange
Washington
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Wall Street
Nee
Alex Scott
Bure
London
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Davie-Daly
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Hellbronner
Interstate Commerce Commission
Commission
Montreal
Crown Reserve Ming Company
Goldfield Consolidated
Aurora
Consolidated Mines Company of
Goldfield
Or &T
Louchheim & Rate
SR. Chapin & Co
Washington Se
Tinley Barrell & Co
Money Market
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Tiger
Tigar
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Ore
the Heilbronner Company Brokers
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Main and
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Southern Pacific Gold Riker
Hegeman
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King Butte & Supers
Montana Power
Alaska Gold
State Savings Bank of Butte
Ark S
Bee” Ene
Chestatant
Sanist
Bashir
Ene
Spon
Daly Bank and Trust Company of
Charles J. Kelly
Ace
First National Bank of
United States
Andrew J. Davis
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Wet Pak
Worl
A. Clark
J. Ross Clark
W. A. Clark & Brother Bankers
Nea
Asistaan
the Banking Corporation
Capital
Savings and Investment Bank
E. Broadway
Dr.lamb