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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jun 03, 1915

Page

14

Copper Stocks Rally as Prices Hit New Records

Copper and related metals led a broad market advance with copper prices in New York and London rising on strong demand cues. Spelter and zinc stocks climbed as Amalgamated, Anaconda, and Calumet & Arison posted gains, while dividends were declared by several mining firms. Market observers cited improved earnings prospects and anticipated stabilization with Germany.

Butte Ballaklava Increasing Output in June

Progress at the Butte Ballaklava mine reports plans to raise June output by about 25 percent. May produced just over 4,000 tons. June expected to exceed 5,000 tons with copper around 3 percent and silver about four ounces. Development targets include lower shaft levels and a Paneecoot level, while engineers anticipate large ore bodies and higher output amid strong copper prices.

Butte-Balla~ Klava Sieinming

Price of Copper Rises in May and June Outlook

May copper prices stayed well above 18 cents per pound with official figures up to May 26 showing strong levels. After a brief month-end dip, June opened with a rebound likely to push the average above May. Reports note demand revival, records of US exports, and shifts in Spelter markets as producers adjust contracts and delivery plans through year end.

Lena Anil Ite Tsay Sever Meen Jumott & Heela United States Department of Commerce Tema France England Pountia Europe Britain Chile Trenton United States Metal Selling Company Anaconda Copper Burning Company Apetter Ordinncy Moxi Pry Pease Rade

Stroh's Faith Great for Butte Pacific Mining

Fred Stroh, manager of the Watte-Paeitle Copper company, reveals rich ore indications at the Butte-Pacific claims. The shaft reaches 200 feet with ore 31 feet wide at the 100-foot level, shipping potential seen. Drifting will continue to gauge extent as plans aim for 600 to 1,600 feet total depth. Current ore runs average about 20 dollars per ton in gold, 26 percent sulfur, 24 ounces silver, and copper at 4 percent.

Fred Stroh Watte- Paeitle Copper Company Hutte Walladaho Stroh Wallace Butte-Padtle Coeur d'Alenes

Begin Operations at the Amazon-Dixie Mine

Wesley Everett, manager, announces 259.00 nf timber cut for the upper works and shaft, with a 60 foot depth raise planned. Drift of 600 feet on the vein shows milling ore, with ore outcrops at depth of 300 feet. Water power drives development as shipments roll downhill to cars for efficiency.

Wesley Everett Amazon-Dixie Wednen- Gay Everett Themer Ite Wale Lace Preas-Times

Marsh Mining to Resume Operations Next Week in Idaho

Wallace Idaho report says Marsh Mining will resume early next week after five weeks of improvements. New mill upgrades and vertical wing connections boost output, with expected savings of about 2.10 per ton and potential monthly savings near 10.50 when operating at 5,000 tons monthly.

Wallace Idaho Marsh Mining Comn Omerals Burke Company of Stats

Wall Street closes as war, Mexico split markets

York June 2 Wall street moved evenly between gauge of U S relations with Germany and Mexico in a lively session. The audience included President Wilson’s ambassador and leaders of the war factions signaling developments of interest as trading remained brisk with many issues active including utilities and metals.

York Wall Street Germany Mexico Wilson Itireet Staten Bonda

Also Mentioned on This Page

Spelter Watte & Superior Froom Sre Ingw London New York Amalgamated Anaconda Eton Gopper China Siami Steel Soy North Butte Sig East Butte Granby Greene-Cananen Calumet & Arison Davie-Daly Paine, Webber American Smelter Securities Boston Ahmeek McKinsey Darragh-Savage Mines Wall_ street Count von Hern Pittsburg Carnegie Steel Company Heston Quincy Logan & Brgan Prom Heilbronner Company Comstock Tunnel Josephthal Louchheim Dow, Jones & Co Ahmeek Mining Company Rere Count von Bern Hutton & Co Steel and Co Rhino S York American Metal Company Lawson Iron. & Co Harris, Winthrop & Co Chapin & Co Butte-Ballaklava Money Market Mercantile Sterling Exchange Elver New York Metal Exchange Strow Butte-Pacific Marsh Wall Street Close Petegraph Anaconda Mining Ats Atchigon Hiallimore & Ohio Brooklyn Rapid California Petroleum Canadian Pacific Sentral Leather Chesapeake & Onionaves & Great Western Fue Milwaukee & St. Pau Chicago & Northwestern Chino Copper Polorade Cotorads Southern Denver Tio Grande Inspiration Internation Erate Kanameety Southern Sess Tehiah Valiey Kao Voulavide Nashville Petroleum Mant Copper Bissouri, Kanear Minsour Pacine Rational Facult Ine Tallie Telephone and Eiegrand Penmayteanin Tina Palued Caay Consolidated Copie Diteaaing Remubite Iron and Steel Hock Island” Co Tennessee Cope Texas Company Union Fo Onu Unite Staten Steel Do Utah Copper Watash Weatt Montana Power Victoria San Francisco Paine, Webber & Co Avanta Ege Bluebel Beso Butte Pala Vmet& Corbin Goudfield Ea Houghton Copper Hollinger Kerr Lake Keweenaw McKinley Baltic Ohio South Paine, Wender & Co Atlant Goldfeld Consolidated Moe ” Welmont Cash Hillax Midway Mons Montana McNamara Noston Stocks Wender & Co Pe Ine, Wonder & Co Pain Tia Lanka Crow Point Allouez Arizona Buver King Coalition Bulver King Consolidated Franklin Blown Consolidatea Fc Swansea Greene-Cananea Victor Hancock Wilbert Hedley Gold Creele Gon Lake Ball ‘Valley Man'sining Mohave A Waa Waa Consolidated Ty S Butter Colony Old Dominion the Banking Corporation Bannack Gold Mining CO Wae Nane Lake Stock Exchange Otf Bank Daly Bank and Trust Company of Silver Bow National Bank West Park Street First National Bank of United States Depository W. AL Clark J. Ross Clark A.clark & Brother Canner “Cather Miners Savings Bank and Trust Co LUMBER_DEPARTMENT OF THE Anaconda Copper Mining Company Bonner, Montana
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