Anaconda Dividend May Be Raised Next Year
Local stockholders discuss whether Anaconda Copper Mining will raise the regular dividend from 6 to 8 percent per year, with rumors of a possible 1.50 quarterly and 0.60 extra payments. Management aims to use surplus funds to support a future higher rate, while meeting $17 million notes due March next year. Anaconda projected 1916 earnings near 45,000,000 dollars, about 20 dollars per share, with prior 7.18 dollars per share last year. analysts expect permanent financing for new South American properties and continued expansion in copper and zinc. The company recently produced over 106,000,000 pounds of copper in four months, maintaining status as the world’s largest copper producer, and expanded via acquisitions including the Atlantic & Amies Lexington mine formerly run by Heinze.
MENTIONED IN THIS ARTICLE
Anaconda Stock
Tos
Fis
Anaconda
Wall Street
Tts
Atlantic Atmes
Lexiniton
Pla
Heinze
Hon le
Butte & Superior
Tedd
Ray
Miami
Chino
UN Copper
Greene Cananea
Stel
Kennecott
Butte & London
Hin Point
Boston & Montana
Barnes-King
Butte-New York
Davis Daly
Butte
Advanc Tong Point
Stewart Mining stockholders to meet at Kellog Idaho in July
The Stewart Mining Company calls a special meeting of stockholders in Kellogg Idaho on July 8 to vote on a capital increase from 1 260 000 to 8 000 000 dollars. The books close July 3 and reopen July 11.
MENTIONED IN THIS ARTICLE
Stewart Mining Company
Kellogs
Idaho
Comppany
United Verde Declares Eleventh Monthly Dividend
The United Verde Copper company paid its eleventh consecutive monthly dividend of 75 cents per share. The dividend history shows varied amounts over the years, with stock trading around 27 dollars per share. The Cananea Copper company notes high production, but rising laying-down costs and unsettled Mexican issues affect future copper pricing and market quotes.
MENTIONED IN THIS ARTICLE
United Verde Copper Company
Hecla declares fifteen cent dividend per share
Hecla Mining at Gem Idaho announces a 15 cent per share cash dividend payable June 20 1940 to stockholders of record June 10 The dividend will increase the total capitalized value to 260000 shares of 60 cents each The company recently acquired the Onion mill from Federal Mining and Smelting and has converted the plant to a custom ore concentration facility with capacity around 360 tons daily at Gem Idaho
MENTIONED IN THIS ARTICLE
Mecla Mining Company
Bure
Gem
Idaho
Han Dee
Ceeitolbod
Hest Cooumey
Appo
Nolo
Iecl
Sia
Pederal Mining Ant
Ithe Meware Mining Company
Moter
Molaunge Bethe Soeur Afalsness Development
Srea
Rowse
Eas
Surine Blatt
Tn Spervice
Woolales wool sale absorbs 7000 bales at firm prices
London on June 1 reports 7000 bales mainly crossbreds offered at Woolales were readily absorbed at firm prices. Stipes realized 28 3 44 and West Australian greasy merino at 2d.
MENTIONED IN THIS ARTICLE
London
Market Brighter As Rumors Fade In Bullish Session
Market conditions brighten amid fading peace rumors and renewed confidence. Copper and mining shares rallied with Anaconda and Butte & Superior leading gains, while rail and industrials show strength amid NY buying and hopes for dividends.
Emma Engine Ready Trial Satisfactory
Engine tests on the Emma mine show the new hoist and shaft cable on hand, with high hopes for better ore handling. Production plans, dividend outlooks, and stock notes from Cananea and several U.S. firms are cited as mining activity anticipates improvement, despite volatile prices.
MENTIONED IN THIS ARTICLE
Emma Imine
Stock market ticker style list with many names and figures
Readable fragments show a chaotic stocks and markets entry with numerous place names such as Butte Great Falls Kensington Now York Independence Montaine and company style lines with monetary figures like 1000 and 1250 interspersed. The text resembles an OCR excerpt of a stock table or market tick but lacks coherent narrative or context.
MENTIONED IN THIS ARTICLE
WIL. Ney
Kingtte & Tincorn
Hutte
Bullehacker
Butte & Ely
Great Falls
Hutte &Kendan
Hutte & Now
York
Caledonia
Colust-Leon
Davis-Laly
Douglas Leon
Independence
Hono Kewting Gela Kono Starsh
Hannack
Geta Parnes
King Butte
Shcorn Butte
Bullwhael
Tutte
London Butte
New Hutte-Rocher
Reliance Lawn Marsh
Union Votes to Strike Amid Mining Wage Cuts
The report notes a union voting to strike over reductions tied to monthly average ore prices. Many mines may scale back output, while producers form a bank with $1,000,000 capital to boost financing. The fragment references Intermountain, Independence, and Jophin Zane mine among others in a district-wide economic shakeup.
MENTIONED IN THIS ARTICLE
Jophin
Zane Mine
Moister 9
Inc
Also Mentioned on This Page
Stewart
Kellogg
United Verde
Grepne
Cananea Copper Company
Rene
New York
Mexico
Mate
Wou Md
Metal Market
Maetrolyic Wer
HECLA
Hayden, Stone & Co
Fl’ Hutton” & Co
The
Heilbronner Co
Sorateh
USA
Ballaklava
Arizona
Butte Cop
Zini Hutte
Butte & Ely G
Earney Copper
Solusa
Leon
Coppermines
Butte & Arizona
Davis-Daly
Vay
Pranklin
Fast Butte
Independence Mont
Rocky Mount
Three Forks
Porte Land Cement
Keating Ohio Copper
Heilbronner Cmpany
Ajax
Mewattionn Presidential
Prom Paine, Webber & CO
Logan & Bryan
Reading
Indus
Grand Mining and Mining Company
American Zin ‘and Smelting Company
Say
New
Goldfield Consolidated Mining Company
Allouez
Ahmeck
EMMA
Butt & Superior Books
Utah Copper Books
Ching Books
Tsoston
Be Operating Inc
F. F. Hutton & Co
New York— Steel
Raila
Bouyant
Norfolk & Western
Atimda
Emme
Homestoke Mining Monthly
New Company
New — York
Hutton & Co
United States
Huston—Allonex Mining Company
Roston
Ahmeek
Hutton & States Steel
Lupe Spock Exchange
Rprise
Alameda
Belmont
Barnes-King Rannack Totale
Creek
Boston
Detroit
Ely
Milwaukee
Toston
Montan Butte
Ponte Butte
Colorado
Farrel
National Lite Mont
National Gil
North Bute Pacific
Nothwest ‘i
Spokane
er-Wolcott Co
Saoraine
Intermountain
Jim
Cca
Highland
Witte Lauzier-Wolcott Company
East Broadway
Rute, Mont
Hypotneek East Caledonia cc
Dougan Coos
Scser
Scsee
Huccesn
Sloean Star Intermountain
Switzerland
Idaho-Montana Investment Co
Yo Targa
Daly Bank and Trust Company of the
Charles
Kelly
Joan-D. Ryan
CG Awincorne
Ri ‘A
Kunkel
Place
Ausivian Annant
Radent Pradent Eee Chanter
First National Bank of Butte
Ansiatant Gasmier Pornetes
Miners Savings Bank and Trust Ce
Pave Reniers
Stock Exchange
North Main Street
Butte, Mont
Silver Bow National Bank
West Park Street
John Macginniss
D. J. Fitzgerald
A. Clark
J. Ross Clark
W.a.clark & Brother Bankers
Ales
J. Sounston
Esse
of Waves Corporation
Anaconda Copper Mining Company
Bonner
Montana
ABC
Western Montana National Bank
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