Market steady but light sales amid war Mexico fears
Market steadied after a war declaration with Mexico. executives expect a bull move as prices inch higher on metal demand. Trading in New York showed light volume between 200 000 and 400 000 shares, with many stocks opening lower and closing mixed amid war news and policy expectations.
MENTIONED IN THIS ARTICLE
Mexico
New York
United State
Bullisn
S' Butte & Superior
Tana
Me Inspiration
Tt Wow
Miami
Ray
Utah Copper
Nevada Consort
Greene Cananea
Kennecott
Alaska
Barnes-King
Davis-Daly_sales
Copper price shifts and market outlook across major exchanges
The report tracks copper and mining stocks including Butte, Tuolumne, United Verde, Calumet and Arizona, and Copper Range with opening, high, low, and close values. It notes bond issues, War anxieties, and Paine Webber commentary, plus dividend and export figures. It highlights New York copper prices, Mexican news, and market sentiment delaying liquidation while awaiting developments from Mexico.
WAGE INCREASE DEMANDED IN REPUBLIC DISTRICT
Miners in the Coeur d Alene district push for higher wages as Republic area companies seek a 50 cent shift raise. Employers band together with S Richardson and D M Drumheller Jr as leaders, while payrolls rise from 126 to 150. Production up due to freight and rent cuts, yet margins stay thin amid low grade ore.
MENTIONED IN THIS ARTICLE
Coeur d'Alene
Reggions
Republic
S. Richardson
Knob Hil Company
D._M. Drumheller Jr
West Hil Company
San Poil Company
Ecretary Mines
Northport
Trail
Western Pacific Sold for Eighteen Millions
Oakland Calif June 28 The Western Pacific railroad reorganizaton committee sold the road at public auction for 18 000 000 under orders of the United States district court. Francis J Krull United States commissioner conducted the sale the price fixed by the federal first mortgage bonds converted to stock for the reorganized holders.
MENTIONED IN THIS ARTICLE
Oakland
Cal
Western Pacific “Railroad
United States District Court
Francis J Krull
United States
Western Pacific
Granby to Increase Dividend Amid Copper Boom
Granby directors raise the dividend rate as copper output soars. In the year to June 30, 1915 Granby produced 26,638,912 pounds of copper earning $6.19 a share on 149,983 outstanding shares. 1916 may exceed 46,000,000 pounds with earnings above $20 a share. May output hit a record 4,727.29 pounds, led by Hidden Creek and Grand Forks plants. With 50,000,000 pounds projected for 1916-17 and copper at 11 cents, earnings could reach $11 a share, while current metal prices imply over $40 a share.
MENTIONED IN THIS ARTICLE
Granby
Hidden Creek
Grand Forks
Zinc Situation Greater Than It Appears In Markets
Analysis says the drop from 27 cents to around 12 cents a pound reflects market dynamics not just “weakness of spelter.” American Zinc Co. sold most Western prime at 20 cents or higher and only 190 tons above 19 cents, with 12 months averaging under 11 cents per pound. Buyers are restraining prices and the market may move further in 60 to 90 days.
MENTIONED IN THIS ARTICLE
Bureau
American Zinc Company
Spelter
Gary Sez
Easterners Eye Murray Scheelite Properties
Eastern capital scouts are quietly observing the Coeur d Alene district where scheelite now dominates metal interest. Wallace Press Times notes investors aim for stable mining assets, with reviews of Murray and other scheelite districts under consideration. Investigations emphasis investment over promotion, suggesting eastern funds may soon back scheelite ventures in the region.
MENTIONED IN THIS ARTICLE
Coeur d'Alene
Ots
Murray
Wallace Press Times
Scheelite
Colorado Fuel and Iron declares 30 percent preferred dividend
New report states the Colorado Fuel and Iron company, a Rockefeller property, today declared a 30 percent dividend on its preferred stock to the accumulated dividends on that issue. There was 39 percent unpaid in total.
MENTIONED IN THIS ARTICLE
New York
Colorado Fuel and Thon
Colorado Fuel & Tron Company
Rockefeller Property
Stocks in a Turbulent Market See Mixed Confirmations
The ledger lists varied confirmations on stocks including Barnes- King and Butte entities such as Butte-Bullwhacker and Butte Ely Hutte with several holdings and purchases. Names like Davis-Dal Douglass, Highland Surprise, North Hutte Ex, Hercules, Rocher de Boule, and Snowstorm appear alongside quantities like 1000 shares and 200. The fragmentary itemization suggests speculative trading activity amid a busy tape.
MENTIONED IN THIS ARTICLE
Butte
Butte & Gt
Butte & Ely
Butte & London
Boo Butte & N Y
Davin-Daly
Highland
Surprise
Howe Sound
South
Jim. Butler
Eastern
Ray Hercules
Barnes- King
Butte & Baconiy
Bullwhacker
Ely Hutte
Butte & Caledonia
Davis-Dal Douglass Oo
Confif
Alameda
Alliance
Tannock
Barnes-King
Butte & Bacorn
Independence
Mont
Reliance
Nabob
National Life Ins
North Butte
Ooo Ray Hercules
Lauzier-Wolcott Company
East Broadway
Copper production in Mexico stops amid plant closures
Copper output in Mexico collapsed as Greene Copper in Canada halted operations and related Mexican mines at Moctezuma Cananea Democrats and Boleo shifted to shutdowns. The nine month intake dropped to 47 million pounds from 54 million two years earlier, with 14 million pounds last year during broad curtailment.
MENTIONED IN THIS ARTICLE
Canada
Greene Copper Company
Mexico
Greene
Moctezuma Por Company
Phelps, Doage
American Smelting
Renpany
Hee
Moctezuma Greene Cananea
Democrats
Old Snowstorm Dissolves to Give a Full Statement
Petition for voluntary dissolution and disincorporation of Snowstorm Mining Co filed in Wallac Idaho district court following stockholders meeting. Company capitalization 1.6 million dollars with 1,110,088 shares. debts declared none. Snowstorm succeeded by Snowstorm Consolidated developing a new property near Troy Montana with nine miles of electric railroad to trunk line. assets moving from former mine at Larson. Market quotes for metals and grain provided.
MENTIONED IN THIS ARTICLE
Ihe
Wallac Idaho
Tater
Jeo Greenough
RF. Waltare
Mey
Niles of Electric
Larson
Roy
Miami Copper May production hits new high at 4.6 million pounds
Miami Copper reports May output of 4,600,000 pounds, besting 1915 by 970,000. June expected to match May, first six months total above 25,000,000 pounds. Yearly projection near 53,000,000 pounds. Dividend rate $1.50 quarterly, earnings may top $12 per share with copper at 25 cents. Stock around $24, yields over 17 percent dividend. Seattle cattle and hog prices also listed.
MENTIONED IN THIS ARTICLE
New York
Kennecott
New York Stock Exchange
Butte & Superior
Miami Copper Company
Miami
Also Mentioned on This Page
Milwaukee Road $x
Paine, Webber & CO
Tod Light Trading
John D. Ryan
New York—Fe
Washington Dispatch
Guggenheim
Boston
Mohawk Mining Company
San Francisco Mining Exchange
PROM
Heilbronner Co
Shearson, Hammill
SUN Hanks
Greene- Anea
Inspiration
China
Utah
Laket
Steel
F. F. Hutton & Co
Union Pacific
Philadelphia
Jim Butler Mining Company
Spokane
Granny
jon—St. Paul
Fo Hutton
Saen
Onanire
Wislephone
Bey
Alameas
Ono
King Butte
Monta Keating
Rocky Mt North Butte
Montana
Forks
THE
Heilbronner Company
Batte Land & Investment Co
Jeran Waren
Metal” Exchange
Metal Exchange
Mead
East St Louis
Saul
Imation
Goid
AL Fe
Ast
Apolis Graty
Aumne
Wise Ao
Seattle Livestock
Seattle
Silver Bow National Bank of Federal Reserve
West Park Street
John Macginniss
D. J. Fitzgerald
Stock Exchange
North Main Street
Butte, Mont
Om Fall
Idaho-Montana Inv. Co
Granite Street
Krabler & Street
Uth
Arizona Street
Weview
Lroad. Nav
New York City
Daly Bank and Trust Company of
Charles
Jonnd
Ryan
Ce Awrnnons BA
Kunkel
W. Place Proeitont
Ies Pedant
First National Bank of Butte
United States Depository Sapttal Ans Rew
Ata
W. A. Clark
W. A. Clark & Brother Bankers
Eemabitanea
Alex
J. Johnston
Ban Aero Ae NT ‘Tranaacte
General Banking
Busisdutts Sf Lanka Corporatona
Ross Clark
Anaconda Copper Mining Company
Bonner
ABC
Western Montana National Bank
Missoula, Mont
Capitar Surplus
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