Dividend Prospects of Butte and Superior
In reply to a question, Heston notes Butte and Superior seems likely to outperform market price, with a June quarter profit around $7 per share. The firm holds $2,000,000 cash and strong earnings from a 5 to 6 cent spelter rate. war profits may cushion declines, but a sharp drop could occur if spelter falters.
MENTIONED IN THIS ARTICLE
Heston
Hutte & Superior
Butte & Superior
Treasury
Butte Ao
Butte & Superior Tan
Amalgamated Copper ends era in world metal aim
A Boston News legacy piece chronicles Amalgamated Copper Company’s 16 year saga from bold plans to dominate world copper markets to its dissolution. It notes failures and partial successes including the Butte mine consolidation and the 12 million plus payout to McPied, while highlighting how under John De Ryan the firm earned renewed respectability before fading from public view.
MENTIONED IN THIS ARTICLE
Jons
Ion Leven
Amalgamated
Joh de Ryan
Ako Blind
Amalgamated trading halts amid stock market turbulence
Amid volatile Thursday trading Amalgamated stock halted with no quotations and widespread concern over war stock booms. Copper and steel issues led gains and losses while Amalgamated and Rhonda stocks attracted attention. other names like Anaconda Utah Copper and Hercules reported varied moves as market sentiment shifted toward confidence but fear of a war stock retreat persisted.
MENTIONED IN THIS ARTICLE
Amalgamated
Eliral
New York
Crucible
Mbhe
Anaconda
Amalgamated and RY
Tem
Mola
Utah Copper
Miami
Howe
Steel Mamon
Hutte & Superior
North Butte
Fast Butte
Davis- Daly
Lis
Rock Island
Hercules Powder Company Wat
Pittsburg Concern
Snowstorm Mining stockholders hold annual meeting
Snowstorm Mining Company held its annual meeting with Leo Green Cash named president and general manager and A W Greenough vice president. The board included E Walters treasurer F E Tread and R B Chaney. Greenough said the Missoula Copper option was not discussed and no policy decisions were made for the year. The option, reduced by five cents per share, involves about six thousand shares with installments due Aug 10 if closed. Subsidiary Caledonia and ongoing ore-shoot work near the King tunnel were noted, with expected developments within two weeks and an added ore reserve depth of 800 feet once completed. Market news followed including mixed stock signals and copper sector activity. local notices announced the Butte area church meeting.
MENTIONED IN THIS ARTICLE
Leo Green
A. W. Greenough
BE. E. Walters Teasurer
FE. Tread
KR. B. Chaney
Greenough
Missoula
Anys
Caledonia Company
Bunker Hill
King Tunnel
Wall Street Close Teeters As Markets React To War News
Trading today showed a cautious halt after yesterday’s highs as investors weighed war news and profit taking. Activity remained heavy with large gains erased in spots while rails and industrials fluctuated. foreign exchange softened and bond issues advanced, led by major names and utilities amid mixed signals from key sectors.
MENTIONED IN THIS ARTICLE
New York
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Butte, Montana
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ARES
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J. Ross Clark
W. A. Clark & Brother
Johnston
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Ory Deposit
West Park Street
Gapttar
LUMBER_ DEPARTMENT OF THE
Anaconda Copper Mining Company
Bonner, Montana