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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
America
United States
Russia
France
England
China
South America
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Wolverine Copper Mining Company
Monawk Mining Company
Goldfield Consolidated Minespany
Prom Tre Co
Stlbrom
Chile
St. Paul
York
Butte
Arizona-Ray
Barnes-King
Big Creek ci Butte
Arizona
Butte & Bacorn
Butte-Ralaklava
Bu Copper
Bute Datath
Great Alia
Hercules
Butte Main-Rang
Butte-Monitor
Tun
Prudential Elk Basin
Vignoles Rail Chair
Spokane
Los
Lauzier-W Lcott Company
Alameda
Caledonia
Carbonate Hill
Douglas
Gertie Oak
Happy Day
Oi Heelan
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Interstate Cal
Jack Waite
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Orig
Lucky Jim
Marah
Ula’ Copper
Bob
Paul
Reindeer
Silver Cable Ee
Success
Tamarac
United Copper
St : A
THE
Heilbronner Company
N. 8
Winney
Butte & Acorn
London
Moston & Montana
Colusa-Leonard
Great Butte
Mont Canadian
North Franklin
Vignoles
the Co-Operative Realty DO
la Salle Mining and Development Company
Oxford
Wall Street Close
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Quincy
Shannon
Superior
South Lake
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Tel
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California Petroleum
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Brite Treat
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Ctfs
Kennecott Co
Li Hinville & Nashville
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Reading
Ad Steel
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Heilbiner Company
Big Ask
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Milford
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Canadian Il
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Prudential Basin
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Rainbows
OPTON
Ake
Avon
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Peaversoltn
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ButtecDulum
Butte A. Lambontte-Pacttaus Consolidated Carbonate
HIM
DavieeDaty Douglan Farrell
Flathead Valley
Beicra
Pornten
Montana Montana Greway National Life Noren Frantlin Stanley Tachumne
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Rail
Alta
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Lewisohn Building
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Phome
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Phen
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