Anaconda Report Details Record Year for Copper Mines
The Anaconda Copper Mining Company reports strong 1916 earnings with $21.81 per share on 2,431,260 shares. Net of $50,828,980 after depreciation and obsolescence charges, the year saw extensive property acquisitions, rising zinc output, and a shift to inventorying metals at cost. President John D. Ryan notes aggressive plant improvements and expansion, including the Pilot Butte property and Alex Scott and Little Annie claims, with Andes Copper expanding ownership.
MENTIONED IN THIS ARTICLE
Ryan
Andes Copper Company
Willam Braden
Inspiration
Greene-Cananea
Alice Gold and Silver Mining Company
Butte Copper and Zinc Company
Planta
Beth
In Butte
Pilot Butte Company
Alex Scott
Little Annie
Raven
Anaconda Copper Mining Company
Washoe
Butte
John D. Ryan
Wss
Sue
Nyrar
Aosiaa
Aantie
Anaconda Mulls Timing of Work on Potreridos Property
Anaconda has acquired most outstanding capital and will delay mining, smelting, and construction projects due to high prices and delivery uncertainties. Development continues and a tonnage estimate for Potreridos exceeds 100 million tons of profitable ore. President Ryan notes major gains in copper recovery from improved equipment and processes, citing 1916 results with high recovery rates from crude ore to concentrates and refined copper.
MENTIONED IN THIS ARTICLE
Anaconaa
Ryan
Anaconda
Rarus Mine Resumes Work Across Several Levels
Operations at the Rarus mine commence this morning on multiple levels. About 280 men will be put to work where conditions warrant as ore from these levels is processed without using the Tramway shaft which remains shut for about ten days. ore will be handled through the Pennsylvania shaft instead.
MENTIONED IN THIS ARTICLE
Rarus
Pennsylvania
Market improves on Russian situation and commodities rally
Market improves amid Russian situation as copper and zinc rise, New York trading light but steady. Anaconda opens at 77% with a high of 79% and closes at 78% as copper futures edge up. other metals like Butter & Superior and Utah Copper show gains while many stocks trade in narrow ranges.
MENTIONED IN THIS ARTICLE
New York Exchange
Anaconda
Butter & Superior
China
Miami
Ray
Bish Utah
Low Point
Butte Copper and Zinc
East Butt
North Butte Onene
Davis-Daly
Tuolumne
Meir
Butte & London
Prom
Heilbronner
Hutton & Co
New York
Steel
Utah Copper
United States
Lauzier-Wolcott CO
Tong
Atchison
Baltimore & Ohio
Butte & Superior
California Petroleum Ve
Canadian Pacific
Central Leather
Chesapeake & Onto
Chicago
Milwauke St ‘Paul
China Copper
Colorado
Crucible Steel
Cuba
Erle
Great Southern
Great Ithern
Inspiration Copper
Inter ‘Marine Plaetfs
Kennecott Copper
Toouleville & Nashville
Petroleum St
Miami Copper
Missouri Pacific Fontans Power
Newkork Central
Northern Pacific
Bi Pennsylvania Bath
Ray Consolidated Copper
Reading Republic Iron and Steel
Southern Pacific
Southern Railway
Unio
United States Steel
Mining Market Gossip From Wolcott and LAUZIER ROW
Market gossip from LAUZIER WOLCOTT and Launier Wolcott highlights Davis Daly and Caledonia stability amid copper prospects. Bhatt down 1500 feet. crosscutting ahead as Great Butte Copper approaches, while Calumet Jerome copper faces shaft challenges. Utah Copper records first quarter earnings. Dom Mines cuts dividend. sugar steady as copper outlook underpins prices.
MENTIONED IN THIS ARTICLE
Launier-Wolcott Company
Great Butte
Bhatt
Davis-Daly
New York
Foston
Caledonia
New Arcadian
Butte
Old Colony
Old Dominion Osceola
Pond Creek
Quincy
Shannon
Superior
Boston
Superior Copper
Utah
Trinity
Utah Metals
Utah Con
Heilbroner
Atked
Hid
Bingham Mines
Bohemia
Boston & Fly
Butte & London
aHamet & Corbin
Calaveras Iy Davis-Daly
Eagle & Blue Belite
Houghton
Earle , le
New Cornelia
Ohio Copper
United Verde
Jerome Verde
San Francisco
Lausier-Wolcott Co
Atlanta
Scravk Satket
Florence
Bo Kendall
Vietor
Virginia i
Ophir
Union
Belmont
Gipsy Queen
Jim Butler
Midway
Monarch-Pitts
Montana Mizpah MacNamara
Noorth Star Nie
Salt Lake
Auunie
Wolcatt
Rannack Gold
Ardifte
Daly
Bossom
Judge Mining
Miller Hill
May Day Oale Co
Wall Street Close Brisk on Reassessing Markets
A sudden halt in liquidation raises stock values and supports higher prices across investment securities. Rail freight rate hearings before the Interstate Commerce Commission accompany favorable trade signals and stronger steel and metal shares. Copper and butter markets show mixed but steady movements with regional price shifts.
MENTIONED IN THIS ARTICLE
New York
Interstate Commerce Command
Bethlehem Steel
Risine
Republic Tron and Steel
Rotorado
Great Northern
United States Steel
Ned States
Also Mentioned on This Page
Anaconda Report
Greby
Andes Coper Company
Ana Snda
William Braden
Pment
THE
Heilbronner Company
EF. Hutton & CO
NEY Hayden, Stone & CO
New Yor
B. Corner Main
Gran Resis
Hones
Boo
SUI Barnes-King Butte
Bacorn
Butte & Ely
Monta Carney Copper
Copper
King Davis-Daly Inspiration
Great Butte ‘Ohio Copper
Tarbox
Eer
Jon Fie
Wosto
Ation Well St
Barnes-King Butte
Leonard
East Butte Ext
Greybull
Mont. C
Great Butte Mont
Farrell Pease
Vals
RER & Oy
Rarus Mine
Wolcott Company
Ssi Lauzien
Calumet & Jerome Copper Company
Butte Stock Exchange
Dow, Jones & Co
Bernard Baruch
Council of National Defense
Hutton
Barn OF
Onda Copper Mining
Montana
A. m
Board of Directors
A H. Melin
Washington
New
Arizona
Rannack
Barnes-King
Big Creek
Butte & Arizona
Butte & Bacorn
Shyable Consolidated Os
Colusa-Leonard
Douglas
East Butte
U Sik
Keating
Montana-Bingham
Aney Hanks
North Butte
Pru
Elk Basin
Spokane
Lauaier-Wolcott Company
Bia
Alameda
Amer
Caledonia Org
Carnte Hill
Hecla
Highland Surprise
Allahan
Intermountain
Jack Waite
Os Knob Hill
Marsh
Missoula
Stewart
United Copper
Wall Street Close
Metal Maroc
Blece Troistic
Tron
Northern
Southern
Metal Exchange
Vnal
Spot
York Curb. Net Company
Crrom
Hellbre
Butte Cop
Bi Ledge Butte & Ely
Laara ix
Canada
Emma
Ederal
Howe Sound
Rome
Allouez
Calumet & Arizona
Calumet & Hecla
Centennial
St Butte
Franklin
Hancock
Keweenawee
Silver Bow National Bank
Federal Reserve Bank
Savings Department
U. S Government
West Park Street
John Macinnisa
A. J. Bennett
R” Christie
HB. Pissot
Siutcomt
Zepkin Job
D. J. Fit
King
Beaver
Bullwhacker
Hutte & London
Great Falls
Colusa
Davis
Daly Douglas
National
Fuotuns
Auzier Sro
QWO
Logan
Bryan
Sher VO
Montana-Can
Basin Oil
Broad Wat
Worcorr Co. ‘A Brokers
Daly Bank and Trust Chain
Pet of A
R. W. Place
Abitahea
First National Bank
Ie George
Mi I.E. Stephenson
W. A. Clark
J. Ross Clark
W. A. Clark & Brother Bankers
Ratapuisnea
Alex
Naacts
Western
Montana National Sa
Bonner, Montana
Butte Copper Czar Mining Co
Lewisohn Building
Treasury
North Main
Batto Public
C. Sachs
J. Chauvin
Ears
Tdaho-Montana Inv. Co
Granite
Haconda
Park Avenue
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