Market reaction to spelter explains copper and brass moves
In a reactionary tone the article notes zinc stocks Butte & Superior and American Zinc hold within narrow bounds while copper demand wanes for shelter. It cites large spelter output outpacing copper, suggesting brass makers push supply, with Butte & Superior earning about 18 million yearly and dividends unlikely to rise.
MENTIONED IN THIS ARTICLE
Butte & Superior
American Zinc
Scratch Gravel Gold Mines Ore From Shaft Development Plans
The Scratch Gravel Gold Mining company, led by W. E. Cullen, John Maginnis, Hugh J. Wilson, and T. B. Miller, unloaded 38 carloads of ore worth about 100000 at the East Helena smelter after eight months of limited shipment. The shaft reaches 310 feet with plans to reach 500 feet in 70 days, installing heavier machinery, and possibly building a 100 ton mill later expanded to 500 tons if ore warrants.
MENTIONED IN THIS ARTICLE
East Hel Sra
Helena
Iaa
W. E. Cullen
Spokane
John Maginnis
Hugh J. Wilao
Butte
T. B
Anaconda Copper Mining sets stockholders meeting
Anaconda Mont April 29 1916 notice to stockholders announces regular annual meeting of Anaconda Copper Mining Company at the Washoe smelter principal office near Anaconda Mont on Wednesday May 17 1918 at 10 o clock a m for election of three directors and other business. By order of the board of directors A H Melin Secretary.
MENTIONED IN THIS ARTICLE
Aconda Copper Mining
Anaconda
Mont
Board of Directors
A. H. Melin
Index Mining Company Mines in Coeur d Alenes
The Index Mining and Milling company organized to develop Coeur d Alene properties has six patented claims and one unpatented claim. Veins run six to fifty feet wide with high lead zinc silver and gold values. The group includes Index Providence Canadian Girl Christenna Liberator Blucher Podlatch. Development exposes a 16 foot vein with rich assays. Mines near Cook gulch, Shoshone county Idaho. access via Kellogg depot. Strike ended in Pittsburg. Westinghouse and Pressed Steel Car workers return to work.
MENTIONED IN THIS ARTICLE
Index Mining and Milling Company
Coeur d'Alene
Butte
Chris Jensen
Index
Providence
Christenna
Liberator
Blucher
Podlatch
Bunker Hit & Sullivan
Cook Gulch
Yreka Mining District
Kellogg
Meecham & Lawson
Thei
Market Tread Dims After Profit Taking Amid Copper Rally
Stock market sagged after profit taking as copper and rail shares led gains earlier. Reports from New York and Boston noted outside buying waning and varying perspectives on a bullish copper future. Legislation progress on rural credits and war-related industrial demand framed cautious optimism and suggested a possible bull turn if European liquidation stays light.
MENTIONED IN THIS ARTICLE
Butte & Great
Washington
la Note
London
Boston
New York
Financial Bulletin
Rt. Paul
Reading
Union Pacific
Atchison,Baltimore & Ohio
Financial News
United States Steel
Western Union
Conserva
BF. Hutton & Co
Anaconda
Stoel
Loria
Erie
Crucible Steel
Asif
Itegain
Mercantil
Motoré
United States
Canada
Wall Street Close Strike Settlement Reached in St Louis
St Louis May 16 officers of the Building Trades Council accepted a compromise on wages and hours for striking workers. The agreement sets a five day week with 30 cents an hour pay for day laborers and time and a half for overtime.
MENTIONED IN THIS ARTICLE
Stike Serr
St. Louis
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