Market Bears Drive Down Stocks As Europe Sells
The article reports European selling pressures on American stocks amid British bond support and foreign liquidation. Railroads like L and N and St Paul fall best, while metals such as copper and steel show mixed results. extra dividends and new war bond demand shape trading, with 2% dividend news and various broker opinions cited.
MENTIONED IN THIS ARTICLE
Wotin
New York
Bears
Mmalmpie
New York News
Bullich
Baltimore & Ohto
York
Central
New Haven
Guggenheim
Inspiration mill section starts producing copper at Inspiration mine
The Inspiration mine at Globe Arizona placed the first section of its new mill in commission on June 2. The project aims to make Inspiration one of the nation’s largest copper producers with a planned output of 2800 tons per day by mid July and up to 15 000 tons daily as the plant expands, using low cost Ohio method underground extraction and nearby smelter with favorable freight terms.
MENTIONED IN THIS ARTICLE
Inspiration
Tina
Fas
Globe
Arizona
Miami
Tt Ge
Mila
Ohio
Bingham Canyon
New International
Commissio
Yanco
Anaconda
Utah Copper
Shetal Trahown
Tisers
Salt Lake Mines
Paine, Webber & Co
Alta
Beck Tunnel
Talisman
Colorado
Blossom
Mamimoth
Mountain Lake
Devad Iuls
Upper Prin Consol
Sliver Ki Coalition
Moston
Wer¢ Consolidated
Sioux City
Swansea
Ako
I American
Fetoria
Maska
Anmeck
Yankee Algoman ‘Arcadian
Butte & Superior
Newark
No J
Butte & Batlakias
Calumet
New Jersey Zinc Company
Calumet & Hecla. Om
China
Daly-West
New York
Joly
Franklin
Granby S
He Metal Exchange
Greene
Hancock i
The
Metal Exchange
Hedley
Sland Creek
Royale
Lake
Mason ‘Vailey Te Try
Mase
Mayflower i
Michigan
Miami Copper Mohawk
Nevada
Consoti
Nipissing
Butte
Old Colony & Osceola
Pond Reek
Quincy
Ess Bay Consolidated A
A Swift Company
Santa Fe
Shannon
Shattuck St. Mary Superior
Tamarack
Trinity
Tuolumne
Utah
Consolidated i
Utah Apexiea U.S
Victoria
Winona
Wyandotte
Outlook for Biat copper production and mill upgrades
Reports indicate Biat may pay 2 dollars a share with possible extra for year end if conditions warrant. Copper output is projected to rise to 40 million pounds this year from 33.8 million in 1914, aided by new capacity and grinding machines in two mill sections. Preliminary June production stands around 3.5 million pounds with July and August expected higher, while year end output could reach 4 million pounds with expanded processing.
MENTIONED IN THIS ARTICLE
Mini
Miami Copper Company Increases Dividends
The Miami Copper Company reports strong assets of 1 086 824 and favorable conditions prompting directors to raise the annual dividend from 2 to 94 dollars per share.
MENTIONED IN THIS ARTICLE
Miami Copper Company
Chia
Good Ives
Heinze Company Conspiracy Charged in Supreme Court Suit
Henry P Hatch and Arthur M Hatch of W T Hatch & Son sue Otto Hinne & Co in the New York supreme court alleging fraudulent conspiracy to divert Otto Heinze & Co assets to creditors and to spouses. The bill names Arthur C Heinze Max H Schultze and wives as defendants and seeks accounting and voiding transfers to wives.
MENTIONED IN THIS ARTICLE
Henry P. Hatch
Arthur M Hatch
W. T. Hatch & Son
Supreme Court
New York Dispatch
Otto Hinne & Co
Arthur C. Heinze
Max H. Schultze
Otto Heinze & Co
Western Development Company
New York Assets Realization Company
Richmond Assets Realization Company
Madison Real Property and Securities Company
United Copper Securities Company
Tein Ao
Wlse
Otto C. Heinze
Arthur P. Heinze
Max Hi. Schultze
Parrot Head Frame Removal Signals End of Parrot Mine Era
Work has begun to remove the Parrot shaft steel head frame at the Never Sweat to replace the aging wooden frame. The Parrot mine, discovered in 1864, was once a famed copper and silver producer with a notable smelter, later operated by A M Holter and partners. Amalgamated bought Parrot in 1900.
MENTIONED IN THIS ARTICLE
Parrotine
Parrot
Anaconda Company
Butte
Iter
A. M. Holter
Helena
Franklin Farrell
A. F. Migeon
Amalgamated Company
Wall Street closes as British hold raises market lull
New York July 7 increased foreign holding depresses active stock market. Rail shares led losses with Canadian Pacific and St Paul hitting new lows while United States Steel steadied and American Car and Foundry announced a Russian order for 4100 box cars.
MENTIONED IN THIS ARTICLE
New York—Times
Wall Street
New York
Hondon
London
Paris
Germany
Pacffc
St Paul
United States Steel
Europe
United States
Berwick
American, Car and Foundry Company
Exportation of Munitions Metals to be Stopped
London reports steps by the British authority to halt export of lead tin and other metals vital to munitions. Lloyd George announced in the House of Commons that measures will prevent shipments to Britain’s enemies and ensure material control for war needs.
MENTIONED IN THIS ARTICLE
London
Great Britain
Lloyd George
House of Commons
Bank Your Savings and Investment Opportunities
A promotional notice urges cautious saving and smart banking to grow deposits this month. It highlights that wealthy individuals are careful with small amounts and frames banks as patrons of savers, suggesting steady returns from disciplined savings.
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Putte & Superior
North Butte
East Butte
Davin Daly
Granby
Greene-Cananea
Stewart
Cosse
Word
Tay Consolidated
Warr
Washington
Feith
Kneller
Mexico City
Paine
Boston—Stewart Mining Company
Dotte
Mellinger Gold Mining
Ben Bryan
Boston
Think Steel
Amalgamated and Smelters
Mronner Company
Childs
Clement, Curtis & Co
Thomson & McKinnon
Harris, Winthrop & Co
Washingen Dispatches
Artice
Roan
Ewin
Fountain OF
Orsend
SUE Heinze Company
Parrot Head
Wall Street Close
SAN
Russia
Hoston
Boston & Ely
Regale Rai Butte
Calaveras Calumet & Corbin
Canada Copper
Crown Reserve Oh Chief Consolidated
Consolidated Arizonas Coppermines
Davie Daly First National
Goldfield Consolidated
Goldfield
Morvella
Houghton’ Coppersee Hollinger Jumbo
Kerr Lake
Keweenaw
Majestic
McKinley-Darragh
Nevada-Dousl
New Cornelia
North Lake Ojibway
Oneco Onondaga
United
Eee
Rulker-Hegeman
South Lake Superior
Alaska Gold Ste Amalgamated
Tonopan
Bede
Yukon Gold American Sugar Refining
American Telephone and Telegraph
American Tobacco
Paine, Webber & Ci Anaconda Mining
Feod ‘Ison
Atianta
Biltmore
Brooklyn Rapid Transits
Blue Bull Ves
California Petroleum Ae Eo
Chesapeake
Diamondfield B.D
Jcake
Great Western
Florence
Chicago
Milwaukee
St. Paul
sGohaneta
Nicago
Northwestern
Ng Kewanan
Lone Star
Southern
Cs m ‘Do
Nt Intiders’ Securit
Bick Consolidated
Erle
Yellow Tiger
Manhattan “Consolidated
Great Northern
Northern Ore
Sons of Ineptration
Nevaia
International Harvester
Kansas City & Southern
Lehigh Valley
Ash Toy Couleville & Nashville
Mexican Petroleum
Butler
Missouri
Nevada Copper
Harifor
West End
Norfolk & Western
Northern Pacific
Pacle Mail
Round Mountain Plate Telephone and Telegraph
Pennsylvania
Pullman Palace
Ray Consolidated Copper
Reading
Republic Tron and Stet.ie
Rock Island Co. Oe .Do
Southern Pacific
Southern Railway
Tennessee
Copper
Texas Company
Wat Union Pacife Gs Ra
Staton
Steel
Vita ‘Copper
Western Union
Westinghouse Electric
Montana Po
Paine, Weaver & Co
Abana Belmont
Hagle & Bluebell
Bohemta
Svsseee
Moxny Market
Sterling Exchange
NEW Jersey Zinc
the Banking Corporation
Army OF Savers
Daly Bank and Trust Company of
Ard
Ineral
Runeel Barrage
Federal Reserve Bank
Silver Bow National Bank
West Park Street
First National Bank of
United States Depository
A. Clark
J. Ross Clark
W. A. Clark & Brother
AUDX
Johnston
PMC Ester
Awstsearane
Atma
Individuaie
Inter
Miners Savings Bank and Trust Co
LUMBER_DEPARTMENT OF THE
Anaconda Copper Mining Company
Bonner, Montana