False Rumor Triggers Stock Market Slump and Rally
Intense trading on the New York Stock Exchange saw a daily total of 1,283,000 shares amid U S moves and Lusitania fears. A false rumor of President Wilson's assassination briefly sank prices, then recovered, with Amalgamated Copper, Inspiration, and Butte & Superior among notable shifts.
MENTIONED IN THIS ARTICLE
New York
United States
Germany
Lusitania
Italy
Austria
Wilson
Bears
Amalgamated Copper
Anaconda
Inspiration
Steel
Utah
China
Miami
Butte & Superior
North Butte
East Butte
Greene-Cananea
Granby
Mohawk
New York Exchange
Butte
Wall Street Notes and Market Outlook
Paine, Webber & Co. in a Boston letter warn that war developments loom large and advise lightening positions in strong stocks as frightened selling persists. Steel tonnage unfilled fell by 93,000 tons amid a market with strengthening underpinnings. RNome Italy reportedly sent Austria an ultimatum with a midnight deadline and Butte & Superior faces a regular dividend of 75 cents with potential totals of $1.75 or $2.20 per share.
MENTIONED IN THIS ARTICLE
Amalgamated
Wy Butte & Superior
North Butte
New York
Butte & Superior
Market and diplomatic notes from the era of the Lusitania crisis
ER. F. Hutton & Co reports market mood cautious awaiting President Wilson. After prior declines conditions seem safer with little railroad liquidation and improving bank clearances. Anthracite trade steady as bituminous exports support earnings. London markets firm. Washington notes: president to Philadelphia, German ambassador regrets loss of American lives, and a Willson note forecast demanding cash indemnities. Panama canal tolls for March total 606316 dollars with cumulative 2,971,675 dollars collected.
MENTIONED IN THIS ARTICLE
ER. F. Hutton & Co
New York
Wilson
Tidewater
London
Washington
Philadelphia
State Department
Wonderful Record Of Calumet & Hecla
The Boston News Bureau notes Calumet & Hecla’s $15 per share dividend, well above expectations, with $1.5 million to disburse. Subsidiaries earn only slightly less per pound, and the company reports strong three month profits as copper sales soar to 23 cents a pound. White Pine Copper is highlighted with a vast potential output and futures profits.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Boston News Bureau
Osceola
Isle Royale
Ahmeek
Quincy
Take Superior
Calumet
Lake Superior
White Pine Copper Company
Calumet & Hwla
White Pine
Ontonagon
White Pine Company
Copper Range Mines Break Records at 6 Cents a Pound
Copper Range Champion mine leads with 2,000,000 pounds refined copper in April from 3,000 tons rock daily. April output 4,000 tons of mineral for 6,120,000 pounds refined copper at 64 percent. Champion yields over 38 pounds per ton and costs under 6 cents per pound. Combined three mines may reach 60 million pounds annually, with Copper Range equity near 44 million pounds and potential earnings around $10 per share on 492,739 shares.
MENTIONED IN THIS ARTICLE
Copper Range Consolidated
Champion
Baltic
Trimountain
Copper Range Group
Consolidated Company
Michigan
South Range
Copper Range
Lake Superior
Ahmeek
Chmaplion
St. Mary's Mineral Land Company
Wool Sales Offerings Steady Amid Mixed Lot Subset
London on May 10 reports wool sales totaling 8130 bales. The sale featured a mixed selection that sold steadily with prices supported by the recent improvement. Scoured merinos remained firm, and American demand contributed to the steady tone.
MENTIONED IN THIS ARTICLE
America
Russia
Archangel
London
Paulsen Develops New Group of Claims at Omaha Mine
August Paulsen, Spokane millionaire and early Hercules mine owner at Burke Idaho, pushes development of the Omaha group of claims. Crews have driven about 150 feet into the tunnel, with spring building to bring in mining machinery and extend the tunnel toward ore. The Omaha claims lie in Burke canyon near upper Mace, near the railroad, with ore shipped directly from the tunnel mouth. O. B. Olson oversees improvements as a footbridge, track, large building, compressor, dry room, shop and powder magazine rise. If progress continues, the Omaha mine is expected to become a major producer in the district after deeper tunneling and ore body discovery.
MENTIONED IN THIS ARTICLE
August Paulsen
Hercules
Burke
Idaho
Omaha Group of
Omaha
Burke Canyon
Upper Mace
O. B. Olson
Wallace Press-Times
Montana Power pushes lines toward Coeur d Alenes
The Montana Power Company rapidly advances power transport to Burke canyon near Wallace. Transformers are in place at Green Hill Cleve land mine with poles nearly complete. Power expected to run by month end, bringing electricity over the hills from the Interstate.
MENTIONED IN THIS ARTICLE
Montana Power Company
Burke Canyon
Green Hil-Cleveland
Wallace
Montana Company
Chicago Markets Strained by Wilson Rumors and Lusitania Fears
Wheat futures slipped as false reports of harm to President Wilson fueled anxiety over potential diplomatic and trade disruptions from the Lusitania tragedy. Export sales aided late, but grains remained choppy. corn and oats fell modestly while provisions slid. Cash commodities listed include barley and timothy.
MENTIONED IN THIS ARTICLE
Chicago
Wilson
Lusitania
Joe
Hogs and cattle prices rise in Chicago market report
Chicago May 10 hogs receipts 0 market strong with bulk 7.90 to 7.70 light 7.70 to 7.05 mixed 7.15 to 6.65 heavy 7.59 rough 6.90 to 7.05 pigs 5.25 to 6.99 cattle receipts 15.00 market steady native beef steers 6.69 western steers 5.85 to 7.70 cows and heifers 3.10 to 8.65 calves 6.60 to 9.45 sheep receipts 11,000 market strong sheep 7.60 to 8.05 lambs 8.25 to 10.90.
MENTIONED IN THIS ARTICLE
Chicago
Portland Market Reports Mixed Cattle Hog and Sheep Prices
Cattle steady to mixed in Portland with steers at 7.40 to 7.65, cows 5.75 to 6.50, heifers 5.50 to 6.75, bulls 5.25 to 5.75, stags 5.50 to 6.50. Hogs 5 to 10 cents higher with prime light at 8.00 to 8.15, mediums 7.75 to 8. Pigs 7.50 to 7.75. Sheep steady with wethers 6.50 to 7.00, ewes 5.25 to 6.75, lambs 6.75 to 7.60. All full wools 1 dollar higher.
MENTIONED IN THIS ARTICLE
Portland
Ore
Mary
Ewes
Choice Shearling
Lambs
Ohio
New York Metal Exchange Quiet on Tin and Lead Quotes
New York, May 10 reports copper and tin activity with electrolytic tin at 19 cents casting 18.50 to 18. The New York Metal Exchange shows tin quiet and nominal with five ton lots at 40 to 41 cents. Lead quotes steady at 4.17 to 4.22 cents, spelter neglected with no quotations.
MENTIONED IN THIS ARTICLE
New York
The
New York Metal Exchange
Metal Exchange
Wall Street Close and Market Fall May 19
New York reports a stock market adjustment after the sinking of the Lueftania. Prices fell 4 to 15 points with low midday levels after United States Steel tonnage data showed April unfilled orders down. Rumors about Washington and abroad faded, aiding a 2 to 5 point recovery.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Financial
Washington
United States
Wheat and grain futures report from Minneapolis trading
Wheat May closed at 1485 and July at 1.44 with No 1 hard at 1.55 and No 1 northern at 1.50. No 2 northern traded around 1.46 to 1.52 with barley down 67 Tc and flax at 1.96 to 1.98.
MENTIONED IN THIS ARTICLE
Minneapolis
Northern
Standard Theatre Tickets for Subscribers
Two tickets to Loew's Empress theater daily for subscribers. Check today’s classified page and call the Standard office in Butte to claim your tickets.
MENTIONED IN THIS ARTICLE
Loew's Empress Theater
Standard
Butte
Also Mentioned on This Page
Paine, Webber & CH
Electro
New York World
Rnome
Heilhronner Company
Herald
James Callan O'Loughlin
Willson
Panama Canal
Barnes-King
Butte & Bacorn
Alberta Petroleum
Alex Scott
Davis-Daly
Caledonia Ee
Peeees
North Franklin
Butte & London Omens
Autem
National Life
Keating
Butte-New York
Butte & Ely
Caledonia
Alameda
Paulsen
Coeur D’alenes
Chicago Livestocks
Portland Livestock
Metal Market
Wall Street Close
Boston
San Francisco
Salt Lake Mines
Money Market
Mercantile Paper
Alaska
Opper
American Can
American Smelting
American Sugar Refining
American Telephone and Telegraph
American Tobacco
Atehivon Weeuunee
Ett
Earereent
Picamore & Ohio
Brooklyn Rapid Trans Enema
Weenennee
California Petroleum
Canadian Pactfle
MG Central Leather
Chesapeake & Owio
Chicago & Great Western
Milwaukee & St. Paul
SALLY
Chicago & Northwestern
Cceere
Chine Copper
Colorado Fuel and Tron
Colorado & Southern
Denver & Rio Grande
Eenrene Uy
Erte
Great Northern
Guegenheim Exploration
Illnois Central
Tnterborough
Eeeneee Inspiration Copper
Eeeweeeeaere International Harvester
Kansas City Southern
Lehigh Valley Trees
Leulaville & Nashville
Mexican Petroleum
Miami Copper
Missouri, Kansas & Texas
Missouri Pacific
Nevada
New York Central
New
Iit
Eeaeeneeereeee
Republic Tron and Steeleeeee
Rock Island Co
Eses L. & S. F. Td
Southern Pacific
Southern Railway
Tamatack Sivseveee
Trinity
Wave
Tuolumne
Utah Consolidated
Utah Apex Ae
U. SS. Mining
Ccseveeeveesee
Victoria Eenveneree
Wolverine
Paine, Bade > & Co
Atlanta
Canada Copper Davis-Daly
Seaeeee
First National
Coldfield Consolidated
Goldfield
Aeetewaaee
Houghton Copper
Hollinger
Seeeerenee Helvetia
Kerr
Keweenaw
South Lake
Superior
Eugeeees
United Verde
Yukon Gold
Ewes United Profit Sharing
Vos
Paine, Webber + Co
Booth
Blue Bull
Daisy A
Diamondfield N B
Florence
Goldfield Consolidated
Kewanas
Lone Star
Ennee Silver Pick Consolidated
Dean Seeree
Consolidated Virginia
Ophir
Setewee
Sierra Nevada
Union
Gipsy Queen
Sue
Jim Butler
Halifax Wetter
Tonopah
West End
Pittsburg
Silver Peak
Nevada Hills
Round Mountain
Paine, Webber & Co
Uy American
Algomah
Etree
Allouez
Arizona
Enese
Ballaklava
Hancock
Hedley
Indiana
Mate
Sudsaia
Xvhalavesetatsie la Lake
Eeresseeesees
Beck Tunnel
Eerete Atte
Colorado
Seetees
Grand Central
Ohio Copper
Tee Seven Tyoughs
Silver King Coalition
Silver King Consolidated
Ilbert
Standard Has Theater
Boston Stock Exchanges
New York Cotton Exchange
Chicago Board of Trade
East Broadway
H. B. Byrne
Eastern Stock Exchange
Montana
Madame
Daly Bank and Trust Company of
Charles J. Kelly
John D. Ryan
CC. Swinborne RA Kunkel
Pecespurseace Cashier
First National Bank of Butte
Andrew J. Davies
Wairick
J. & Dutton
George A. Hilia
A J. E. Stephenson
saeeraeses Cashiersaistant Cashier _Assist
Cashier Foreign
W. A. Clark
J. Ross Clark
W. A. Clark & Brother
Alex J. Johnston
J. K. Heslet
Miners Savings Bank and Trust Co
West Park Street
Federal Reserve Bank
Silver Bow National Bank
United States Depository
Savings Department
Anaconda Copper Mining Company
Bonner, Montana
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!