Anaconda Copper Cost figures and profits reviewed
The Anaconda company does not publish cost per pound figures for copper. Profits of 26,214,870 on actual deliveries imply 11.86 cents per pound on about 307,060,000 pounds produced. Including 1916 deliveries not payable until 1917, profits reach 50,828,372 with 16.60 cents per pound on the same production. Estimated 25.4 cents per pound copper sold in 1916 suggests a 14.80 cost per pound, depending on delivery timing. Costs per ton rose in 1916 due to wages and supplies, but per pound mine cost fell due to better recoveries and a reduced net income fee. Miscellaneous income in 1916 totaled 13,006,097 from smelters, refineries, and stock dividends, excluding silver and other by products.
MENTIONED IN THIS ARTICLE
Anaconda Company
Anaconda
Inspiration Consolidated Copper Company
Tooele
Utah
Miami
Aziz
Raritan
N. J
Chicago
Greene-Cananea
Inspiration
Montana
Mountain Trading Company
Wall Street Close Shows War Tax Anxiety in Heavy Liquidation
New York May 9 The financial community waterfronts anxiety over the war taxation program as securities sell off from opening to close. United States Steel rebounds while other issues decline with losses of 2 to 5 points in coal stocks and transcontinentals. Bethlehem Steel loses 10 points as total trading reaches 990000 shares with imports resuming and U S bonds fluctuating.
MENTIONED IN THIS ARTICLE
New York
United States Steel
St. Paul
Bethlehem Steel
Germany
United States
Flour advances in Winnipeg market after jump
In Winnipeg on May 9 Flour rose by $1 pushing first patent flour to 15.40 per barrel. Grocers quoted 100 pound sacks at 8 dollars. Before the war first patent flour sold at 5.20 a barrel.
MENTIONED IN THIS ARTICLE
Winnipeg
Manitoba
Anaconda Copper Mining Company Stockholders Meeting Notice
Anaconda Montana May 5 1917 notice is hereby given that the regular annual meeting of stockholders of the Anaconda Copper Mining Company will be held at the principal office of the company at the Washoe smelter near Anaconda Montana on Wednesday May 16 1917 at 10 o clock a m for the election of three directors of the company and for the transaction of such other business as may properly come before the meeting By order of the board of directors AH Melin Secretary
MENTIONED IN THIS ARTICLE
Anaconda Copper Mining Company
Anaconda
Montana
Washoe Smelter
Ah, Melin
Wall Street Dips Amid Bears Selloff and War News
Anaconda shares dropped from 78 to the day’s low as bears flagged war taxation and European events. Copper and other mining stocks showed mixed moves with several firms reporting gains and losses amid market weakness and hopes for Liberty loan funds.
MENTIONED IN THIS ARTICLE
Russia
I B
Butte & Superior
China
Inspiration
Greene-Cananea
Kennecott
Granby
Utah
Nevada
Miami
Ray
Alaska
Wheat markets blaze higher on crop report in Chicago
Chicago grain markets surged May 9 with wheat advancing a record intraday gain after the government crop report showing large winter wheat abandonment. May and July futures rose, corn and oats followed, and hogs and cereals supported higher provisions. Chicago Livestock shows strong cattle and hog activity, Minneapolis reports continued wheat strength, and a 700000 bushel allied sale shipment was prepared for movement east on the Great Lakes.
MENTIONED IN THIS ARTICLE
Shicago
United States
Seaboard
GSB
Minneapolis
Nnts
Duluth
Great Lakes
Metal quotes and currency rates update from New York
Copper prices firm at 31.0 cents for prompt delivery with later quarters at 28.0 cents. Iron steady. Tin unsettled around 645 96 1/2. Lead strong at 106 bid. Spelter steady. Sterling 60 day bills at 4.72, commercial 60 day bills 4.75, cables 4.76.
MENTIONED IN THIS ARTICLE
New York
Metal Exchange
The
East St. Louis
York
Capt Franz Rintelen and His Seven Pillows
The government closed its case against Capt Franz Rintelen of the German navy and seven alleged munition plot confederates. Andrew D. Meloy testified that in July 1916 Rintelen said David Lamar and ex Representatives Frank Buchanan and H Robert Fowler planned to clean up the munition business in the United States within 30 days. The defendants faced charges of conspiring to foment strikes at national plants and ports to block war supplies to the Entente from this country.
MENTIONED IN THIS ARTICLE
New York
Franz Rintelen
Andrew D. Meloy
Rintelen
David Lamar
Frank Buchanan
H. Robert Fowler
United States
Bold burglar raids continue in Darby area
Police patrols intensify as a series of home burglaries strike Darby. A resident reports a break in at a home listed as belonging to a baby, with multiple items stolen and the culprits still at large. Investigators urge residents to secure properties and report suspicious activity.
Also Mentioned on This Page
Wall Street Close
Amer Q
Americ
Ities & Ini
Central Leather
Chesapeake & Ohio
Chicago, Mit
St. Pachine
Colorado Fuel and Crucible Steel
Cuba
Erie
Great Northern
Inspiration Copper Ny
Mer
Marine Ptds
Ctis
Louisville & Nashville
Mexican Petroleum
Miami Copper
Missouri Pacific
Mohawk
Mason Valley
North Butte
Old Colony
Old Dominion
Quincy
Shannon
St. Mary's
Superior
Boston
South
South Utah
Trinity
Heilbronner Company
Bingham Mines
Bohemia Iy
Boston & Kiy
Butte & London
Calumet & Corbi
Calveras
vie-Daly
Eagle & Blue Be
Houghton Tia
New Cornel Nevada-Dou Ly
Ig Ohio Copper
United Verde
Jerome Verde
Butte
Arizona-Bay
Bannack Gold Lia
Barnes-Kinecht
Black Friday
Big Creek
Montana Power Accovevee
Butte & Arizona
New York Centr Butte & Bacorn Northern Pacific
Buutte-Biwhacker
Pennsylvania
Butte-Bi Naka
Ray Consolidated
Cope
Tte Cer
Reading
Butte & Republic Iron and Steel
Butte-Grea Falls
Southern Fie
Southern Railway
Texas
Union Pacific
U.S
Cable Consolidated
Utah Copper
Iron Bossom
Wolcott Company
Mother
Canian
Ohio
Michigan-Utah
Hellbronner Company
Piltus
Ahmeek
Alzomah
Allouez
Arizona
Calumet & Ariz
Calumet & Hela
Centennial
SPO Closen
Franklin As
Sou Hancock Peso de
Lausier-N
Hedley Gold
Isle Royale
Alameda
Lake Coppers
Iby Calero
Carbonate Hill
Douglas
Happy Day
Hecla
Highland Surprise
Hypotheok
Jack Waite
Marshie Raat
Missoula
Nabob
United Copper
AN Francisco Mining
Lauzier-Wolcott Company
Atlanta
Blue Bett
BE. F. Hutton & CO
Stone & CO
JorwEniy Paine, Weumen & Hayde
Broadway
Sas
Barnes-Kings
Butte & Bacorn
Selour
Mation
James-King Butte & Bacorn
London
Big Creek Colusa
Leonal Copper
King Davis-Daly
Jreybull
Mont
Gil Great Butte
North Franklin Tuolumne
la Sal
Co-Operative Realty CO
East Brosdwaw Rw
la Salle Mining and Development Company
Adress
Davis-Daly
Tuolumne
Heston & Montana Aold
Buttes New York
Meilbronner CO
F. M. Dick
Cerro de Pasco
New York Globe
Butte Copper and Zinc
Marsh Mining
Lauzier-Wolcott
New York—Investment Holdings
Cody
Chino
St. Louis
Spetter
Truman Berry
EB. R. Holter
Ben Bryan
Buiders
Dave
Seattle
Standard
Howe
Westeray
Money Market
Pranz Rintel
George Agres
Darby
Bebe
Tn Darby
Aatadlisnea
Silver Bow National Bank
Federal Reserve Bank
Savings Department
Butte Copper Crar' Mining Co
Lewisohn Building
Treasury
Idaho-Montana Law. Co
Granite
Fast Park Avenue
Jon
Stocks
GRAD
Barnes King
Bannack
Butte New York
Beaver
Rae
A & Bryan
Stoge
E. Broadway
PHORE
North Main
Batts Public
ED. C. Sachs
Mas
Alameda C.seseere
Ariscne Bays
Barnes-King
Beaver-Oils
Alberta
Butte-Duluth
Butte-Pacife Fable
Consol Carbonate Hill
Douglan
Parrell Ice
Flathead Valley
Helena Bratch
Montana-Bingham
Ott
Montana Life
Montana Fire
Montana Oreway
National Life
Franklin Bay
Hercules
Vignoles
Sista
al Alta
Arizona Bay
Guinea-King Beaver Oils
Helenie
Daly Bank and Trust
Eral Banking Business
Relly
Benargent
Awinborne Cashier
A. Bunkel
First National Bank
Davis, President & Dutton
A. Hill
Caan J. Stephenson
J. Ross Clark
W. A. Clark & Brother Bankers
Alex. J. Johnston
Ifm
Western Montana National Bank
J. Chauvin
West Granite
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