Amalgamated Plan to Dissolve and Merge with Anaconda
John D. Ryan, president of Amalgamated Copper, explains a plan to dissolve Amalgamated and consolidate with Anaconda Copper. Amalgamated stockholders will swap six Amalgamated shares for one Anaconda share, with additional rights to purchase Anaconda stock at $25 per Amalgamated six shares. The vote, notices, and timing center on meetings in Jersey City and May through June, with implications for distributions and taxation.
MENTIONED IN THIS ARTICLE
Amateamated Copper
Anaconda Copper Company
John D. Ryan
Amalgamated Company
Anafonda Company
Jersey City
Anaconda
Panada
Europe
New York
Anaconda Company
Amalgamated
Amalgamated Copper
Ryan
Fee
Techne
Boston News Bureau
May & Was
Amalgamated Copper ‘Directors
Roeset Seta Sijied
Thurming Ae Bressicossereese
Tutte
Amalgamated Copper Company
Pub- Ne
Butte
East Butte Copper Mine Sees Comfortable Profit After Restart
East Butte, which resumed operations after a months shutdown, should soon yield about 4,000,000 pounds of copper annually at current costs and prices. The company, carrying roughly $600,000 debt, has invested in improvements boosting capacity to 20,000,000 pounds per year, though output will rise gradually. Shaft bottomed at 770 feet and will be sunk to 2,000 feet, with initial production from eighth, twelfth and fifteenth levels for several months. Livestock and drought data plus a Portland slug line follow.
MENTIONED IN THIS ARTICLE
East Butte
Dividends in April by Mining Companies
April dividend payments by 61 mining firms show a half year recovery trend, with total disbursements near 9 million dollars and per share payouts listed for prominent companies such as Anaconda, Arizona Copper, Homestake, and United Verde. The industry perspectives highlight improved earnings across gold-silver and copper properties, including Canadian and Mexican interests, despite earlier tough years.
MENTIONED IN THIS ARTICLE
Trent
Nts
Wecuritien
Coeurdings i Otter
Stith
Ahmeek
Mich
Anaconda
Mont
Arizona Copper
Ariz
Bunker Hill & Sullivan
Idaho
Lethe
Catedonia
Daly-Judge
Utah
Goldfield ‘Con
New
Guggenheim
Wecla
Homestake
Tron Blossom
Interstate Callahan
Ry Silver Coalition
South Eureka
U Stewart
Tenn
Copper
Tonopah Belmont
Tonopah
Tonopah Mining
Nev
United Verde
Ariz Wolverine
Corbin Copper Company Files Annual Statement
Albert J. Wyman secretary of the Corbin Copper company filed the annual statement with the county clerk. The report, from Boston, shows capital stock of 3,750,000 with 486,010 paid in cash and 450,000 paid in other assets mainly mining stock. Assets are 834,277.68 including real estate plant and receivables while liabilities total 218,520.54 of which 143,020.84 is unsecured. The company owns the Marinus claim on West Copper street in the city and has work noted on Gambrinus with no ore shipping and last fall work suspended.
MENTIONED IN THIS ARTICLE
Albert J. Wyman
Corbin Copper Company
Boston
Corbin Copper
Corbin
Jones
Marinus
West Copper Street
Mats of Hutte
Gambrinus
Auction sales thin on offerings at London wall sale
LoxDON Wood London May 11 only 5 680 bales brought forward at the wall auction sales today congestion at the docks and warehouses limited the offerings. The demand was good and prices were steady with Russia taking many lots of Queensland scoured merinos and paying for the best grader.
MENTIONED IN THIS ARTICLE
London
Russia
Apple prices to be a little short for western crop
Minneapolis produce man P Dix predicts western apples will slow as eastern states expect a phenomenal yield. New York growers foresee a mammoth greening crop while Michigan and Washington promise large crops. Local reports cite no frosts harming crops. prices will be pressured by eastern competition and Bitter Root apples praised by Dix.
MENTIONED IN THIS ARTICLE
P. Dix
Minneapolis
Butte
Wenatchie
New York State
Michigan
Montana
Washington
York
Baldwins
Indiana
Dix
New York
Dix Said
Chicago Markets Tumble as Crop Damage Sparks Wheat Rally
May 11 Chicago markets show traders ignoring fears from the sinking of the Tuskania, with wheat surging to near season highs after alarming crop damage reports. Corn, oats, and provisions gain while cash and futures trade volumes rise amid strong demand and weather-boosted planting optimism. government figures hint acreage cuts and shifting expectations for yields.
MENTIONED IN THIS ARTICLE
Tuskania
Tike
Leh
Bie
Ste: Lew
Sigenly
Soc
Park
Clover Cash
Mountain View Shaft Undergoing Rapid Rebuild
Since Monday morning work has accelerated at Mountain View. The hoist frame was lowered four feet from the original site for repairs and improvements. Strengthening braces have been added and daily crews expand, with about ten workers expected to be on site this week.
MENTIONED IN THIS ARTICLE
Mountain View
Ori Inal
President Wilson Speech Calms Nation Amid Market Rally
Reports from Philadelphia and Butte describe President Wilson's address calming the public and boosting confidence as copper prices and stocks rise. Market letters from Paine, Wearer & Co and others note investors awaiting cabinet news, with renewed demand for copper and optimism about a steady recovery in prices.
MENTIONED IN THIS ARTICLE
Butte
Wilson
Japan
China
F. F. Hutton & Co
New York
Philadelphia
Ralle
Doube
New Granite Mountain Hoist To Begin Ore Lift
North Butte company plans ore hoisting at the Granite Mountain shaft by week’s end transferring operations from the Speculator hoist. Engineers tuned systems as cages run on the new electric hoist, with crews moving from the old steam unit. General Manager Pope delayed use until ready, while development on the 1000 foot level continues amid variable ore grades and possible richer strike deeper near the Edith Ma Fein area.
MENTIONED IN THIS ARTICLE
North Butte Company
Granite Mountain
Butte
John D. Pope
Shay
Also Mentioned on This Page
United Metals
Southern Pacific
Union Pacific
Southern Pacifie
Southern Pacific Distribution
Union Paci
Soneitapstion
Portland
Ore
Imother
Loxdon Wood
Inte
Minnesota
Chicago
Avrstock
Lume
Money Matt
Atay
Mercantile
Ageram
Sterling Exchange
Cablen
Gemand
United States
Wilon
Toamn
Eure
Sorina
Wiese Avaaigara
Sen
Ae Steel Common
Gi Oo
Mt Es Gta
Shun
Tit Stu
Point
Opan
Paine, Wearer & CO
Vatne, Webber & Co
Rome
Belleved
Kuhn-Losch
Pennsylvania
Mnow Wmahomer Company
Hutton & Co
Harris
Winthrop & Co
Fis Sardar
Thomson & McKinnon
Ware & Leland
Finley,Barrell & Co
Snange
St. Louis
Wee. Conner
Beton
A. A. Goldschmidt
Granite St. Buttes
Heilbronner CO
Hayden, Stone & CO
Main
Granite Sts
E. F. Hutton & CO
Icians
She
Daly Bank and Trust Company of
Butte ‘Atapitened
Eaphalana, Surpisa
0Maa
First National Bank of
United States Depository
Apital
Andrew
Taied
Clark
Ross Clark
W. A. Clark & Brother
Puex Johnston
Wieser
Miners Savings Bank and Trust Co
Park Street
Federal Reserve Bank
Ver Bow National Bank
Silver Bow National Bank
West Park Street
Anaconda Copper Mining Company
Bonner, Montana
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