Metal prices surge to new highs across copper and zinc
Copper prices rise sharply with 10 percent gains, Spelter 23 to 27 and lead around 6.20 to 6.80, marking the highest regularly quoted levels. Amalgamated, Anaconda, and Copper shares climb as demand and orders boost mining activity while rumors of no near downturn buoy investors. Steel and war orders also support the market amid broader industrial strength.
MENTIONED IN THIS ARTICLE
Butte
Wold
Sconathering
Dvancy
Amcke
Alee
Butte & ‘Superior
Pridwyn
Total Talon
Boston
New York
Shanes
North Butte
Iime
Ray" Wold
Greene-Cananea Soldat i
Granby Aere
Ne 'Heen
General Electric
Europe
United States
Dow, Jones & Co
Department of Steel Mills
United States Steel Corporation
Market swings hint at renewed investor confidence
The report notes copper and electrolytic copper prices rising with brisk domestic business. American Smelting raises lead to 5.20, while brokerages Harris Winthrop and Chapin & Co predict higher prices and continued demand for stocks and bonds. Thomson & McKinnon observe a shifted market order and improved prosperity outlook for business.
MENTIONED IN THIS ARTICLE
New York
Alaska Gold Mill Shows Early Strong Output Near Juneau
April output misses 57 000 tons at Alaska Gold Mines near Juneau as first unit runs at about 1 000 tons daily. Second unit to start, three more units planned to reach 10 000 tons daily, ore worth 1.80 to 1.95 per ton, recovery near zero now, expected over $2 per ton when tuned. The project hailed as a gigantic operation with long term impact for the Juneau belt and American gold production.
MENTIONED IN THIS ARTICLE
Alaska Gold Mines
Juneau
Alaska
American
Iron Blossom directors mull cutting dividend to five cents
Salt Lake City reports Iron Blossom directors discuss reducing the quarterly dividend from ten cents to five. Last quarter earnings failed to meet the ten-cent target, triggering a $100,000 shortfall. May shipments reached 38 cars, while April output was 10 cars but earnings fell short of the $35,000 monthly dividend goal. Negotiations reportedly proceed for consolidation with Knight Christensen and Holt Dern interests over low-grade ore treatment.
MENTIONED IN THIS ARTICLE
Salt Lake City
Iron Blossom Company
Knight-Christensen
Holt-Dern
Tron Blossom Outfit
Winer Saves Life by His Quick Thinking
John Laughlin escaped a massive blast when 86 sticks of dynamite exploded within 20 feet. He lay prone with his head down a wing, and miners rushing to his side found him crawling from rock debris. He then walked to the shaft and rang the cage to return to the surface. One shoe was blown off in the explosion.
MENTIONED IN THIS ARTICLE
Cripple Creek
John Laughlin
Laughlin
New Mine A Leader In Coeur dAlenes
Spokane mining men expect Interstate-Callahan to be a leading Coeur dAlenes producer in 1915 alongside Bunker Hill Sullivan and Hercules. The opening quarter shows heavy profits and a special dividend of 28 cents per share, with a July 1 distribution to stockholders of record June 5. The company, trading wildly, plans an aerial tram to cut transport costs and boost output, producing about 600 tons monthly with 400 tons lead and the rest zinc.
MENTIONED IN THIS ARTICLE
Spokane
Interstate-Cattawan
Bunker Hill & Sullivan
Hercules
Bunker Hill
Interstate-Callahan
J. H. Robbers
co-Callahan Company
Northwest
Insc
IC Te Ane
New York
T Reaty
Stock Brokers UZIER WOLCOTT Company in Butte Mont
A historical market notice from UZIER WOLCOTT COMPANY of Butte Montana lists various buy and sell interests with quantities and partner routes including Boston Mont and New York. The fragmentary ad shows multiple client orders and confirmations for commodities and stock trades.
MENTIONED IN THIS ARTICLE
Boston-Mont. Dev
Qeaa
Barnes-Kink
Butte
Alex
Fortified Goodyear Tires Highlight $500000 Gift to Users
Goodyear touts fortified tires with five exclusive features designed to cut rim cuts blowouts and skidding. The ad claims a $5 million annual saving from price reductions and $500000 in yearly improvements while asserting superior mileage reliability and durability.
Chicago Markets Propuse Declines and Early Gains in Grains
Market noise from Chicago shows wheat and corn futures moving sharply with wheat July opening around 1.15 and finishing near 1.11 as selling widens. Oats and corn follow wheat’s trend with mixed receipts forecast and bearish pressure easing in parts of the Southwest. Cash grain mixed with clover and timothy prices noted while cattle and hogs trade steady to firm amid overall market activity in Newark and New York bonds and exchange rates.
MENTIONED IN THIS ARTICLE
Chicago
Tagtye
Timothy—Cash
Clover
Also Mentioned on This Page
Wetter
New York—Sun
United States Circuit Court
Third Ciruit
Supreme Court
Times
Wall Street Journal
Maynen, Stone & Co
Isoston
Tie Thas
Axaymond, Pynchon & Co
Utan
Daly Bank and Trust Company of
Federal Reserve Bank
Silver Bow National Bank
West Park Street
First National Bank of
Premkdane
George U Hill
A. Clark
Ross Clark
W. A. Clark & Brother
West Abeta
Miners Savings Bank and Trust Co
Western Montana National Bank
Dirotrony
A. A. Goldschmidt
Anaconda Copper Mining Company
Bonner, Montana
Chapin & Co
Ron Blossom
Winer
NEW Mine
Coeur O ° Alenes
Northyent
Aran Amerter
Consolidated “Mining and Smelting Com ‘Ay
United Copper
Lone Pine
Washington
Msn Ieee
Sullivan
San Pott
United
Queen
Wesk
Sta. ‘Reserve
Wems—Veny
Siti
Monday Wood
Goodyear
Goodyears
Akron
Mammoth
Gay
Newark
Mercantile Paper
Sterling Exchange
Ugeday
Janive Moower Strong
Butte & Superior
Ceme
Allahan
Sharp & Irvine Company
Rokers
Spokane, Wash
Heilbronner CO
Hayden, Stone & CO
Main
Granite Sts
E. F. Hutton & CO