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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jul 10, 1916

Page

8

Anaconda in Africa Latest Reports and Plans

A London to Butte dispatch outlines Anaconda Copper’s expected expansion into Africa. It details Tanganyika concessions and Katanga copper prospects, potential Belgian government ties, and the company’s aim to control vast ore deposits through bonds and holding firms. It notes rail and water power infrastructure and the goal to unlock Africa’s copper wealth with modern operations.

London Big Tanganyika Belgian Congo Rhodesia

Record of Copper Producing Companies Quarterly Statistics

A historical entry details the copper industry with dividends paid, production and profits of American copper producers. Figures show ca 99,890,000 dollars in dividends, 914 producers, and 18,383,500 dollars in profits.

Record copper dividends surge to new six month high in 1916

New York Commercial reviews copper industry data showing 33 dividend paying companies paid 63.5 million dollars in six months 1916 surpassing any prior full year. It notes six month profits around 144.7 million with per pound copper averaging about 26.5 cents and mentions possible deferred profits of 17.1 million.

New York Commercial Arizona Alex Heatt Losai Calumet & Arizona Calumet Miami Mohawk Nevada North Butte Union N Phelps Dodie Pilot Butte Quincy Ray Consolidated United Globe Ne United Verde Pilot-Butte Alex Scott Anaconda Royale Michigan California Utah Southwest U. &Alna Peru Mexico United States 1St Royale United Verde Extension Shannon East Butte Ips-Dodge Arizona Copper Company New York Dat Alaska Canada Greene-Cananea Moctezuma Granby Cerro de Pasco Europe Lnter

Copper boom fuels plans for 60 day ore shipments

Tuolumne Copper company advances work at Butte Main Range and Colusa Leonard extensions on the east side of Butte district. General Manager Paul Gow says ore shipping will begin in sixty days after the shaft is retimbered. The Sinbad shaft shows rich copper ore at the 500 to 700 foot levels, with ore grades reported from 6 to 20 percent.

Tuolumne Copper Company Butte Main Range Colusa-Leonard Butte District Tuolumne Paul Gow Sinbad Main Range Butte & London Anaconda ‘Company Fieh London

Talk of a Strike at Big Creek Mine Near Kellogg Idaho

Plan for operations by leasers of the upper workings suggests ore may be unusually meritorious though no definite property conditions are available. Heavy spending on equipment, new electrically driven compressor plant, and planned tram to railway shipping bins. Leasers report rich ore sightings with 70 to 110 ounces of silver per ton previously shipped. The Big Creek Mining Company plans to drive a creatorout tunnel at 500 feet depth to access the shoot. D. W. Price of Kellogg manages the Big Creek Leasing Company which holds the Yankee Bay lease opposite the canyon. A carload of ore recently shipped yielded 286 ounces of silver per ton, totaling $8 001 for 36 tons. A new compressor is installed and power line progress pending.

Belgian Congo Tanganyika Katanga Rhodesian Kambove No. 2 Star of the Congo Lumbashi Kambove Union Miniere Luiswichi Luusha Kansanshi Congo Zambessi Anaconda Company Big Creek Mining Company Kellogg Idaho Big Creek Leasing Company D. W. Price Yankee Bay

Granby Consolidated Earnings Rise on Copper Output

Estimates put Granby Consolidated Mining Smelting and Power earnings for the year ended June 30 at about 5.5 million dollars on 149,985 shares. May profits topped 800 thousand with 11 months to May estimated at 4.6 million. Wall Street Journal notes strong results, new Annox smelter operation, Hidden Creek and Midas development, and a May output of 4,127,929 pounds of copper.

Dranby Consolidated Mining, Smelting and Power Company Alaska British Columbia Annox Grand Forks British Coumbia Granby The Wall Street Journal ‘of New York Hidden Creek Midas E—ereerees

Also Mentioned on This Page

Africa Ton Anacorn Bopper Sttning Company Edeilion Iaimerica Erwateasie Sopeer Properties South America John Bdnyan Inte Hing Ag Istortunee Tio Company Hae Belgium Benguella Union Mintere Rho- Gesia Stock Exchange North Main Street Mont ABC Bellevue Addition Butte Land and Investment Co West Granite Street Big Creek Sranby Silver Bow National Bank Federal Reserve Bank West Park Street John Macginniss D. J. Fitzgerald Idaho-Montana Inv. Co Granite Street Esas Daly Bank and Trust Company of Butte Bears RAL Banking First National Bank of Miners Savings Bank and Trust Company Capital Savi Department Onllor Davia Chident David" Maule Ate Ta. Fenton J. Hi Roberta Clark Clara W.a.clark & Brother Kers Anaconda Copper Mining Company Bonner Montana Western Montana National Bank Missoula United States Depository Andard
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