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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Jun 13, 1916
Page
13
Stocks rally on Hughes nomination expectations and a pro prosperity mood. Rail and steel shares lead gains as European conflict looms, copper zinc and silver prices rise, and Rio markets reflect strong earnings and dividend hopes. pundits foresee a bullish week with rails and copper favorites.
The article details Butte & Superior’s extra dividends of 10 per share in 1918, totaling substantial per-share payouts and a growing surplus. It notes ordinary and extra dividends totaling $13 per share for the first half of 1918, with a large surplus and an annual earning rate around 14 million dollars. It cautions shareholders that the high dividends are temporary velvet from wartime prosperity, and highlights working capital deployment and heat conductor misuse context.
Utah Copper directors surprise shareholders by declaring an extra dividend of 1.50 per share in addition to the regular 1.50. The move, tied to earnings and planned milling expansion, signals strong output with potential annual copper production near 200 million pounds as milling capacity increases.
The fragment references Lauzier-Wolcott Company stock brokers located on East Broadway in Butte Montana. It appears to be part of a larger price list or trading orders section. No full details or figures are readable in this snippet. The piece indicates an exchange or order form tied to buying or listing shares.
Reading notes a revival in Bannack with new activity at the Bannack Gold Mining company and Golden Leaf properties. About 60 men work on a new shaft, mill capacity of 40 tons daily, three shifts. other groups, including Haims and Heat properties, plan additional sinking and crews of 20 to 60. The boom sparks hopes for sustained operations and regional commerce.
Market notes show wheat prices wobble with July at 1.03 and September at 1.01 amid demand shifts. Corn holds near steady as oats and hog provisions rise, while visible supply totals prompt a partial recovery. Industrial accident death tolls and US powder production quotes appear in a broader life section.
June 12 report notes strong opening and broadened gains across most securities on expectations from Republican ticket selection and Progressive setback. Cites support in United States Steel and tariff-sensitive issues, with limited activity late in the session amid short-covering and generally firm prices in key issues. Wheat and grain futures also show notable movement as markets digest political and policy signals.
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