South Africa Faces Deep Mining Labor and Profit Crisis
The Mining Journal reports shrinking South African gold output and a looming crisis as European workers remain in short supply. Fe Malin cites government inaction, with many Witwatersrand mines unprofitable and high wage costs. European labor dominates costs, and several mines show slim profits for the quarter amid looming capital and tax burdens.
MENTIONED IN THIS ARTICLE
Fig
Ena
South Africa
New York
Times of Yu F
Fe Malin
Aloes
West Rand
Witwatersrand
Tevin
Odo
Bir Hivelyn Waller
Transvaal Chamber’ of Mines
Atticas
Brevelyn
Wwatersred
Copper market and grain receipts reflect steady early trading
The report notes mixed activity across markets with copper quiet and prices steady, while grain receipts rise to 249 carloads with 180 more on hand. Mentioned are regional influences from Indiana and surrounding states and a subdued outlook for some poultry and creamery sectors. Wheat receipts total 249 with 180 cars on hand. copper shows quiet spot trading and steady quotes. Industrial metals and East St. Louis activity are cited as factors in the day’s market snapshot.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Aetive
American salesmen win Germany access in postwar move
American traders secure entry to German markets, enabling competition with European merchants. The accord signals Germany’s cautious reopening to American commerce, reshaping postwar trade relations and market dynamics.
MENTIONED IN THIS ARTICLE
Germany
America
Inactive Market and Light Trading Thins Stock Activity
The market yesterday showed subdued trading with sales below one million shares, the first week this light in six weeks. Hellbronner stocks rose post Friday, Central Foundries and others advanced, copper Cerro de Pasco led gains then faded, rails remained dull. Davis-Daly climbed with strong local demand, Tuolumne held firm near 82.06% to 82.12, Cascade Silver weakened, and Davis-Daly finished around 11.50.
MENTIONED IN THIS ARTICLE
Hellbronner Company
Hutton
Baldwin
Cri Ible
Pront
Cerro de Pasco
Ee Vogan & Bryan
Lauzier- Wolcott
Thase Water
Davis-Daly
Merker
Tuolumne
Boston
Cascade
Fitzy
Wonder What A Sixteen Months Old Baby Thinks About
A fragmented note captures a child's night time mumble about a father’s goat and a new pair of shoes. The speaker hints at parental exchange and a claim the baby’s crying was partly due to mean behavior, conveying a domestic, intimate moment with rough dialogue and uncertain intent.
Livestock Market Report Omaha July 24 1920s style
Livestock receipts total about 300 hogs with prices steady to lower. Top hogs sold around 31.50 with heavy weights near 32.00. Cattle and calves show varied values with butcher cattle and cows trading at lower bids, stockers and feeders steady, veal calves around 19.00 to 20.00, receipts about 24,000. Money markets in New York show commercial paper rates and bond activity with near-term bills at 6 percent.
MENTIONED IN THIS ARTICLE
Omaha
Omaia
Glee
Grimes
Hertedt
Aluminum Potash Prospect Prompts Utah Mining Plans
George M. Winkelman, president of the Aluminum Potash Company of America, says Salt Lake may soon be a fertilizer center as the firm pushes aluminum and potash from alunite near Marysvale Piute county. The deposit is a massive thrust body with 60,000,000 tons overburden, a 1900 foot wide face, and extends north-south 300 feet high. surface hints indicate at least 190 feet below ground. Plans call for steam shovels and an aerial tramway to the mills near Winkelman townsite connected to the railroad, with a mill capacity to be built and housing for workers.
MENTIONED IN THIS ARTICLE
George M. Winkelman
Aluminum Potash Company of America
Salt Lake
Amerals
Utah
Taust
Intermountain
Winkelman
Utah Copper
Sid Amee
New York Exchange Sees Mixed Day of Stock Movement
Stocks ended unevenly with many price changes as traders weighed ongoing equipment demand and a pending quarterly statement from United States Steel. Shares in copper and other metals showed strength while motors and food stocks lagged, and shipping issues helped support late gains on some fronts.
MENTIONED IN THIS ARTICLE
PEMN
United "States
Ameriana
NEW York Stock Exchange
Lauzie Iyany
Lecom
Baldwin Veco
Steet B
Butte
Voleum
Init & Copper
G ‘Opper
Gorn
Colorado
Urie
General Igheoiri
General Motors
Lead and metal prices rise amid mining activity gains
Lead leads price gains among Uke copper and zinc with a 5.95 cent per pound quotation, the year’s high, and forecasts of 7 cents later this year. Pig lead stocks run 25,000 to 30,000 tons, about 10 to 15 percent of annual production, while demand grows from paint, plumbing, building, and export sectors. Montana Gold Hill Mining near Spokane expands as Tyner and Yambert drive operations. Tonopah mines report June outputs and profits, and Goldfield Development plans to double Consolidated mill capacity to 2,000 tons daily, boosting regional gold production.
MENTIONED IN THIS ARTICLE
Montana
The
Goldfield Development Company
San Francisco Chronicle
Northward oil drills expand Stand ard prospecting plan
Edmonton reports Standard Oil through Imperial Oil has launched a 500000 dollar summer prospecting push. Five drilling expeditions are under way, including a bore north of the Great Slave Lake on the Mackenzie river. Other crews drill on the Peace River north of the Canadian Pacific line. Shell Transport Oil eyes Athabasca and Great Slave areas, proposing multi million spending. Oil from the Athabasca region shows high gravity at around 280 feet, with experts believing a large reservoir underlies much of the Athabasca area.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Standard Oil Company
Imperial OU “Company
Great Slave Lake
Mackenzie River
Peace River
Shell Transport Oil
Athabasca
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