Market Rumors Press Bearish Tone Across Markets
Reports of depressed prices and profit-taking weighed on American stocks in London and New York. A mix of crop damage fears, copper trends, and a pending government suit against smelters influenced sentiment. Despite pressure, some analysts saw stocks as buyable on market drives with crop reports likely overstating damage.
MENTIONED IN THIS ARTICLE
London
Harriman
New Haven
Alton
Interborough
Brooklyn Rapid Transit
Subway Erie
Atchison
Nebraska
Iowa
South Dakota
Logan & Bryan
New York
Pains
Weber & Co
Boston
Smelters Trust
Fast Butte
Inspiration
Hancock
North Butte
East Butte
Copper prices firm as demand grows in electrical era
George L. Walker notes copper stays firm with Lake and electrolytic prices steady. European consumption rises while stocks decline to a near record low. Domestic buyers replenish selectively, aiding producers to move ahead. The industry, reeling from bearish views, eyes renewed demand as electrification expands. Copper stocks remain scarce and priced for potential gains.
MENTIONED IN THIS ARTICLE
George L. Walker
Boston
Lake
Europe
Combination Keating Ties Delome Promise for Mining Riches
The Delome Promise region gains attention as combined Keating ventures align with new mining prospects. Rich ore bodies found in deeper mines heighten interest in advancements near Radersburg and nearby properties. Keep a close watch on Delome.
MENTIONED IN THIS ARTICLE
Radersburg
Delome
Rockefeller attends New York conference on reorganization
In New York the financial district reports that John D. Rockefeller, arriving from Cleveland to handle estate matters in Tarrytown, visited his offices for the first time in years. He is said to have attended a directors and attorneys conference aiming to align the company with the U S Supreme Court order.
MENTIONED IN THIS ARTICLE
New York
Financial District
John PD. Rockefeller
Cleveland
Tarrytown
Rockefeller
United States Supreme Court
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Main &J
Butte
Montana
North Main Street
Mose Linz—Lends
East Park, Butte
Heilbronner CO
Butte Sewer Pipe and Tile Co
Harry Siegel
Bouth Wyoming
Kmutte
Bo Peltz
Havok
The
Anaconda Copper Mining Company
S. R. Guggenheim
Butte Mining Stock Exchange
San Francisco
Alameda Heerene
Barnes-King
Butte & Arizona
Wea
Butte-Milwaukee
Butte-oMntana
Butte & Aadersburg
Mineral Farm
North Franklin Eee
Paine, Webber & Co
Hid
Gould
Consolidated Virginia
Savage
Hale & Norcross Chek
Union
Tonopah
Nevada
Tower
the Nor
Tonopah Noversar
West End
Consolidated
Jim Butler
Sandstorm
Booth Blue Bull Va
Florence
Kewanes
Roldfield Consolidated
Dts
Peees Weseree
Dexter
Manhattan Consolidated
Mustang
Mineral Hill
Nevada Hills
Pittsburg
Sliver Peak
Jones Rawhide Coalition
Manhattan
Trical
Salt Lake Mines
Lower
Mammoth
Seatevenee
Masoni Valley
Lake Eee
Beens
Sacramento
Silver King
Swansea
Sameens
Victoria
Tron Plossom
Sioux
Crown Point
Kmmcseys
Arthur P. Hewkes
National Pharm. Co
Los Angeles
California Chemical CO
New High Street
Cal
Paxson & Rockefeller
Butte, Mont
A. C. M. Hardware House
Quartz