Bear Market Hits Copper Stocks Amid Mexican War Talk
Stocks tumbled as copper shares including Anaconda Kennecott Granby and Utah Copper opened higher then fell, with Mexican conflict fears dominating. Granby declared a quarterly dividend of $2, while market action reflected fears of war and weaker spelter demand, prompting heavy selling and rumored production pauses.
MENTIONED IN THIS ARTICLE
Treasury
Anaconda
Wit Goon
Chino
Ita
Utah Copper
Granby
Noska Gold
Utah
Alex
Boston& Montana Development
Davis-Daly
Butte
Euat Butte
United Verde
Jerome
London
Bek Huying
B. F. Huton & Co
New Tork
Abige
Sir Sabeey
Eschon
Ramort
Eld Remare
Ebig' Trim Hatla
Senate
Yosine
Rieter
Mexico
Promising Producer Plans Reopened Mine Near Helena
H Wallace with New York experience has leased the Spring Hill mine in the Helena vicinity. He aims to build a mill if water can be secured. The Conrad estate owns the mine, touted as a top development prospect with low grade but large tonnage ore. Veins run wide with values from 3% to 10% and pockets up to 250. A tunnel about 800 feet long and an 80 foot shaft are described, with ore in the shaft worth 200 per ton. Estimated 3,000 tons remain on dump. prior work limited, $200,000 mined to date. Users include local deeds and area transactions.
MENTIONED IN THIS ARTICLE
H. Wallace
New York
Spring Hill
Helena
Conrad
Cotry
South America
Colombe
America
Philadelphia
Bates
Drop in Zing at Butte & Superior May report
A May report from the London based operator outlines ore processing at Butte and Superior. It notes more ore treated than April, but fewer tons of concentrate secured at higher cost and lower value per ton, with figures showing costs per ton and values for May and March.
MENTIONED IN THIS ARTICLE
Butte & Superior
Concentrat
Opera
Traver
Emation Company
Lmited
London
Butte A, Superior
Idaho Mines Pay Dividends Six Million in Six Months
Data from 1916 reports show Coeur d Alene district mines paying about 6 million dollars in dividends over the first half of the year. Record production and high ore returns drive expectations for continued gains in the second half, with companies noting large surpluses and rising profits despite market fluctuations.
MENTIONED IN THIS ARTICLE
Idaho
Coeur
Nahant
Sentiiuanes
Wien Metal Peters
Placer Mines of Colombia Discussed by Butte Engineer
A Butte engineer outlines Colombian placer mining methods and the risks of overestimating surface riches. He notes many ground shows ground truth only with patient, skilled work and deep underwater mining techniques. He cites old family ties to mining and cautions against assuming easy gains from placer properties.
MENTIONED IN THIS ARTICLE
Butte
Colombia
Eisenberg to Open Marysville Claims in Mining Drive
Maurice Eisenberg of New York, formerly of Butte, leads 30 Marysville mining claims in the Spokane tunnel plan to cut loads for the Blue Bird and Hickey mines. Engineers finish exams, workforce to 30, development to accelerate with Hewett as general manager and LS. Topes formed the group, with Capitals secured in the East.
MENTIONED IN THIS ARTICLE
Maurice Eisenberg
New
Butte
Selign
Hickey
Hird
Spokane
Shannon
Stock Exchange Bid List Partial Orders and Offers
A partial list of bids and offers appears with numerous figures and firm names such as Butte, Tutlewhacker, Highland, North, and Tuolumne. The note states subject to confirmation and asks readers to list buying and selling orders with the firm.
MENTIONED IN THIS ARTICLE
Allan
Rannock
Barnes
King
Trucks Reach Ground At Washoe Smelter Project
The Morrison team oversees two motor trucks delivering ore from Sport mine to Washoe smelter. Culverts need lengthening, and shipments from Spaly mine resume with 3 crews prepping ore. Elkhorn mine sinking to prepare for Park vein work. about 1000 feet of sinking and upraising anticipated.
MENTIONED IN THIS ARTICLE
Hive Beott
He Howton & Montata
Copany
Morrison
Fane Bomaibte
Spaly
Elkhorn
Parke
Mines Near Alhambra Aid Group Enlists Expansion
A fragmented report notes Eagie's Nowe group advancing near Alhambra in a venture to extract copper silver and gold. The project aims to develop a 6,000 foot vein network crossing over 40 veins with ore quantities and processing plans described, though details are unclear due to the damaged text.
Also Mentioned on This Page
Prom Paine, Webber & CO
Inspiration
Cineuce
Greene Cannes Copper Company
Boston
Mont
Montana
Kennecott
Erate Tally
Fed
Nnt
Chicago
Boara
Uly
FF. Hutton & Co
Pools
Hasden Stane
BF. Hutton & Co
Inspiration Copper Company
Save It Ie
Alameda Soo An
The
Heil Heilbronner Co
Main
Shanite Wes
Ney
Arnes
Utte- Balaklava
Butte & Bacorn
Cortisa Leo Chile
Davis-Di Colorado
Imma
Bim Baither
Ivanhoe
Ohio
Keating
SEUL
Ajax Rarne
Gt Falls
Butte & Ely
Butte & Londo
Heaver Creek
Butte & Arizor
davis-Daly Douglas Orks
Kost Butte
Howe Sound
Franklin
Gold Mont
Tate
Orks
Portland Cement
Ohio Copper
Success
United
Heilbronner Company
Bellevue
South Side District
Butte Land & Investment Co
West
Granite
Dek
Noves & Up- Cullough
Totton
George Drazich
Bessie Tildy
Caroline Price
Miner. Savings “Bank and’ Trust Company
Anna S. Dorhoffer
Gilman
Daly ‘Addition Company
Howard Kittner
Daly
Joseph Tausch
Otto Stempers
Daly “Addition Company
Joseph ‘Tauren
John S. Redding
Philip Hicheng
Daly Adition
Butte Land and Investment Company
Silver Bow Auto Company
Ama Adamazik
Farrell Addi
Omi
Wanker Mit & Sutlienn
Callanan
Sue Mereuten
Breen Mill
Cleveland
Tamarack
Custer Hunter
Bette
South al
Lanown
Matt W. Alder
Montari
DR. Eisenberg
Marysville
Alameda
Highland Surprise
Bute
Lauzier-Wolcott Company Box Breeneer
Roan
Alhambra
Eagie
East
Oiie
Bru A
Ced
Ares
Daly Bank and Trust4 Company of
Neral Banking
Simtgtant Amisiant
First National Bank of
United States
Brit.t. Aasiatamt i Naat
Pau
Silver Bow National Bank
West Park Street
John MacGt
D. J. Fitz Gerald
Cashice
North Main Street
Butte, Mont
Depostta
A Clark
W. A. Clark & Brother Bankers
Raramanca
Johnston
Ross CL
Labh
Anaconda Copper Mining Company
Bonner
ABC