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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

May 11, 1917

Page

14

Shorts Run to Cover Pushes Copper Steel Stocks Higher

Shorts covering and floor traders buying sparked a stock market rally as oversold conditions and peace rumors fueled demand. Anaconda Copper, Steel, Utah Copper, and Kennecott led with varying closes, while railroad stocks drew interest on hopes the ICC would aid carriers. Anaconda announced a May 16 annual meeting at the Washoe smelter.

Shorts Anaconda High Point Putte & Superior China Miami Ray Greene Cananea Kennecott Utah Copper North Butte East Butte Butte & London Butte & New York Davis-Daly Tuolumne Butte Sopper Zine Lauzier-Wolcott CO Interstate Commerce Commission Anaconda Copper Mining Compa Montana Stoc Anaconda Copper Mining Company Prinyothee Washoe AH. Melin

Douglas output to rise at Douglas mine in Idaho

A report from Wallace Idaho notes that Aments from the Douglas ming of Pine creek district in the Coeur d'Alenes under lease to Anacond Copper Mining Co produced less in April than March. The company moved 18 carloads totaling 869 tons, with February higher and March lower. Road conditions worsened with rising temperatures but improvement is expected in a week and production may resume in a new sense. The Douglas company earns a royalty of 3 dollars per ton.

Aments Douglas Ming Pine Creek Coeur A” Alenes Anacond Copper Mining Company Wallace Idaho Douglas Company

Chicago markets produce record highs on May 10

The Chicago market rallied with four straight gains totaling 35 cents, led by export bid lifts and strong wheat and corn futures. May and July wheat notes climbed amid rumors of peace talks and anticipated domestic needs. Hog and cattle receipts were firm, with mixed to heavy bars and lambs showing price strength as traders weighed fiber shoe substitutes for leather in a separate New York market discussion.

Chicago Entente al- Hex United States Suly

Wall Street closes higher on rails and steel gains

A calmer view of tax policy and stronger industrials lifted trading as United States Steel led gains with a 1% rise to 116. Major rails, oils, motors, and metals followed with 1 to 2 point advances. Industrial alcohol surged and bonds rallied as total turnover reached 8.3 million dollars.

New York United States Steel Corporation Wall Street United States Steel Lackawanna, Crucible Republic Steels Union Pacific United States

New Fiber Shoe Soles Could Transform Footwear

A report detailed new fiber soles blending rubber, ground bags, zinc, and minerals promising cooler summer wear and heat resistance, with claims of low production costs and high potential for mass production. Embargoes and war orders affect leather supply, while tests compare fiber options to cheaper leather in perception and sales dynamics.

America United States Russia France England China South America

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