Anaconda Advances the Dividend Rate to Two Dollars
Anaconda directors raised the regular quarterly dividend from 1.80 to 2.00 per share at yesterday's meeting. The last payment of 1.50 per share was made on May 29, with the new 2.00 rate payable to stockholders on August. The advance was anticipated, aided by ample surplus and strong positions in Anaconda and Great N. The boost follows a history of dividend changes, projecting strong earnings with the anticipation of a September refinery opening and favorable market prices for copper and ore.
MENTIONED IN THIS ARTICLE
Yerrday
Anaconda Company
Anaconda
Great
Weieiwet
Baste
Sme
Mexico
Amer-ican
Heilbronner Company
Shearson, Hammill & Co
New York
Roosevelt
Hughes
Auiten
North Butte
Utah
I Ton
Steel
Mexican Petroleum
Greene Cananea
Inspiration Bonds Nearly All Retired
Inspiration Consolidated Copper reports two bond issues totaling 10.5 million nearly converted to stock. Only 74,000 first mortgage bonds and 7,800 debentures remain outstanding, with about 10.4 million converted and 81,800 left.
MENTIONED IN THIS ARTICLE
Inspiration Consolidated Copper Company
Censorship proposal eyed by War Department in Mexico
Washington officials moved to seek Congress power to impose military news censorship tied to the Mexican situation. A War Department drafted resolution would authorize the president to promulgate censorship across state, war, navy departments and border zones. Secretary Baker announced a press bureau under an army officer would manage War Department news. London area noted at 700 square miles with over 27,000 tons of honey produced by American bees annually.
MENTIONED IN THIS ARTICLE
Washington
Administration
Congress
Army War Colles
War Department
State
War and Navy Departments
Mex-ico
Baker
Army
London
Hee Annu
Market swings as war fears mute decline on copper stocks
Stocks rose and fell amid war talk with Mexico as copper plays like Anaconda and Mohawk boosted prices. Anaconda raised its dividend while Boston & Montana slid. traders eyed Japan’s metal imports and a possible final settlement before further liquidation. Copper shipments and munitions orders also influenced the market, with mixed signals from New York and Boston amid talks of potential hostilities.
MENTIONED IN THIS ARTICLE
Webber & CO
Logan & Bryan
New York
Vaine, Webber & Co
Boston
Anaconda
Ted
Stocks On Subject To Confirmation List Of Purchases
A broker list from East Broadway Butte Montana shows stocks subject to confirmation including Alameda Alliance, Butte entities, Great Falls, London, New York, Caledonia, Davis-Daly, Douglas, Keating, Sliver Cable, Snowstorm, Tarbox, Tuolumne, Alameda 700, Alliance 09, Bannock Gold, Butte-Tacom, Butte-Bullwhacker, Rocher de Boule, Carney Copper, Colusa Leonard, Davis-Daly Douglas Elk Basin Greybull Montana, Highland Surprise, Lauzier-Wolcott Company with 1 East Broadway address.
MENTIONED IN THIS ARTICLE
Butte
Butte & Great Fails
Butte & London
Butte & New York
Caledonia
Davis-Daly
Douglas
Highland
Boul North
Tuolumne
Alameda
Alliance
Bannock
Barnes-King
Butte & Tacom
Butte-Bullwhacker
Butte & Great Falls
Tutte & London
Butte-Rocher de Boule
Carney Copper
Colusa Leonard ix
Davis-Daly Douglas Elk Basin
Greybull
Montana
Highland Surprise Lauzier-Wolcott Company
Broadway
Mont
Golaweld
Howe
Sumbo Verde
Jerome
Mama i
Amelia Maseatte
Stewart
Spokane
Idaho
America
Oom
Baldwin Locomotive
B. 1
Pacite
Colorado
Moonlight
Tten
Crucible St
Distillers’ Securities
Eric Ay
General Electric
Great Southern
Great Northern
Minois Central
Orp
Interborough Consol
International Harvester
Nt. Mer. Marine
Kansas City South Ra
Kennecott Copper
Louisville & Nashvill
Mexican Petroleum
Miami Copper
Missouri, Kansas & Texas
Pacific
Missouri
York Central
H.& Hartford
Norfolk & Western
Northern Pacific
Pacific Mall
Pacific Tel, & Teta
Pennsylvania Bay
Consol Fed Copper
Reading
Rep
Tron and Steel
Shattuck Arizona Copper
Southern Pacific
Southern Railway
Studebaker Company
Tennessee Copper
Ouie Texas Company
Union Pacific
Saux S Industrial Alcohol
United States Steel
Utah
Western Union
Westinghouse Electric
New York
Arizona
Chile
Davis-Daley
Emma
North Butte Mining declares dividend raise to 76 cents per share
At a directors meeting North Butte Mining boosted the regular quarterly dividend from 60 to 76 cents, equating to about 3 per share annually. The move follows a history of varied payments and a large accumulated surplus earmarked for property purchases and development. The stock traded around 21.50 to 22 dollars yesterday, valuing the new annual yield near 14 percent.
Wall Street closes higher amid mixed Mexican outlook
New York June 26 The stock market rose generally as prices advanced with gains in War issues and oils while Mexican concerns remained a factor. An Interstate Commerce Commission action boosted freight rates for transcontinental roads and aided confidence, though some gains faded in later hours. Bonds were uneven with slight Canadian weakness.
MENTIONED IN THIS ARTICLE
New York
Interstate Commerce Commission
United States
Recr
Also Mentioned on This Page
Inspiration Bonds
the Heilbronner Co
Comestox
Hayden Brone & Co
Sutton & Co
Alamed
Bames
King Butte
Basom
Black Friday
Ely
Bute
London Butte
Main Range
Big Creek
Davis
Daly Marsh
Imperial Nabob Hypothee Reindeer
Jim
United” Verde
Gom
Paul Moonlight
Alamo
Ajax
Barnes
King Tutte
Bullwh
Ute
Londo
Arney
Copper Her
Daly
Douiglan
Farrell
East Butte
Zenith Montana Tite Howe
Vanhoo North No
Rocky Mt. Fire Ohio Keating
Rocher de Boule
Three Forks Portland Cement
Bun
Silver Lead United Eastern
THE
Bellevue
Butte Land & Investment Co
Granite Street
Goppers
the Bears
Boston & Montana
St. Paul
Pete
Terceianiones Jestes
Washinton
Carranza
Salt Lake
Silver Shield
Foston—Mohawk
Dena
Causon
Westinghouse
Times
London Stock Exchange
Ersage
Chevrolet
Detroit
Ford
Japan
Coper
York
Hutton
Butte & Superior
Crucible Steel Company
United
Metal Market
Metal Exchange
East St Louis
Alaska
North Butte Mining Company
North Battery
Ft Ie
Wall Street Close
Wilshed
Silver Bow National Bank
Federal Reserve Bank
Savings Department
West Park Street
John Macginniss
D. J. Fitzgerad
Stock Exchange
North Main Street
Butte, Mont
Idaho-Montana Inv. Co
Weot
Daly Bank and Trust
General Banking
Charles
Kelly
Ryan Wie
Pesdent
Dorne i R
Place
First National Bank of Butte
United States Depository Srn
Pala
Atta
W. A. Clark
W.a.clark & Brother Bankers
Alex
Johnston
K. Male
Ross Clark
Anaconda Copper Mining Company
Bonner
ABC
Western Na A National Bank
Vnrrep
SoFbius
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