Juice Is Turned On At Piegan Gloster Mill
Power is now available at the Piegan Gloster mill near Marysville after months of prep and delays. Electric operation will begin grinding within days, with stockholders expecting revenue from the Plegan Gloster property once producing. The Barnes King Development company invested about 250 000 dollars, with total property and improvements around 340 206 dollars, and plans to start paying dividends once production begins. Superintendent McGee notes the mill site is near water and construction work has progressed on the ore body and shaft system.
MENTIONED IN THIS ARTICLE
Plogan-Gloster
Marysville
Plegan-Gloster
Barnes-King Development Company
Plesan Closter
Goodal
Montana Power Company
Great Palle
Deer S Land
Pleeendorter
Trop
Barnes-King Company
Plegan- Groster
McGee
No. S Symons
Witney
Butte & Superior Big Spelter Sale Contracts
The Butte & Superior Mining firm signed a contract to deliver 250,000 pounds of spelter at 13 cents per pound, spread over five months. May wages are planned at four dollars per day, signaling a record payroll. The company reports strong three month profits of about 1.163 million, with output at 31 million pounds for the quarter and an annual rate of 125 million pounds, making it the world’s largest spelter producer. A dividend of at least $3 per share, including 75 cents regular and $2.25 extra, is anticipated at the directors’ meeting later this month.
MENTIONED IN THIS ARTICLE
Butte & Superior Mining
Comany
Devery
Ccomen Direct
Soverstood
Hhat
Peiter
Sakrehproves
Butte
Butte & Superior
Maren
Butte & Superior Company
American Zinc, Lead and Smelting Company
World copper production shows decline in 1812 figures
Copper output worldwide fell in the latest year from 984,860 tons to 93,085 tons? The text notes a record of 1,230,000 pounds in 1812 and a drop of 224,050,000 pounds. The United States and Spanish mines reduced output due to curtailment, with African mines rising on Katanga operations in Tanganyika.
MENTIONED IN THIS ARTICLE
Henry R. Merton & Co
London
United States
Massford
Germany
Katanga
Tanganyika
Watchful Waiting on Market Policy Trading
Very little trading occurred at the market opening with under 300 shares changing hands, while more shares awaited action as investors watched policy developments and waited for clearer guidance on opening movements.
Market sings on copper and war hopes in steady trading
Market observers report copper firms like Quincy Calumet Heel and Amalgamated seeing strong demand and high prices amid ongoing German submarine policy. Traders note Japan and Britain watching German response as stock activity opens strong then retreats. Strong futures and new government contracts, including a large U S copper deal, buoy optimism while analysts warn against relying on rumors before official notes.
Granby Consolidated Restores Normal Dividend Policy
Directors meet in New York to resume dividends at six percent per year. The stock traded on the exchange between sixty and eighty-two dollars. The firm had issued two million dollars in bonds. funds will not be available until June, delaying payments to meet obligations. Copper production is rising with the Hidden Creek smelter operating three furnaces, improving output and expected revenue.
MENTIONED IN THIS ARTICLE
New York—Journal of Commerce
Washington
Berlin
Peter Thant
Sun
Financial Bulletin
Granby Consolidated
New York
Cranby
Hidden Creek
Tha
Ing
Chong
Butte Alex Scott men inspect Butte property visit
The president and two directors of the Butte Alex Scott Mining Co arrived in Butte for an inspection of the property first since the mine’s shutdown last August. The site has operated with seven to sixteen men and shipped ore to the East Butte smelter during the last two months, according to Ben nette, the company’s vice president. He met with Heimbach, Laird, and Merritt on arrival.
MENTIONED IN THIS ARTICLE
Butte-Alex. Scott Mining Company
Butte
East Butte
Tr. Bennette
Bennetts
W. Y P. ‘Heimbach
F.C. Laird
Minnenus
Thomas A. Merritt
Dus
Thorn
Fon Ote
Spelter Market For Week Higher Prices Prevailing
High prices last week established in the spelter market with sales at 14 cents a pound in New York and 12 cents for May to September deliveries. London prices were lower, despite the bulk of the world’s production, limiting big British purchases and reflecting a thinner market.
MENTIONED IN THIS ARTICLE
Hoston
New York
Conte
East St Loui
London
Mine directors vote to repay workers in plum bonus
Hoston The Calumet and Hecla Mining Company directors voted to pay employees wages and salaries lost during retrenchment, totaling over 400000. After mid 1920s wage cuts and partial restorations, the firm now restores full compensation through the retrenchment period. Also noted are ruins in Cusco Peru claimed to feature the finest stone mason works in the world.
MENTIONED IN THIS ARTICLE
Hoston
Calumet & Hecla Mining Company
Tha i
Cusco
Peru
Wall Street closes as dull market awaits German reply
New York May 11 dull session with conservative bankers keeping prices firm then wavering. Traders noted limited movement pending Germany's response to Washington's note. Major issues showed minor gains early, settled mixed amid steady time money. Markets for steel, mining, and utilities were cautious with several large names quoted. bonds steady and metals trading mixed at close.
MENTIONED IN THIS ARTICLE
New York
Washington
Lene Rushanta
Also Mentioned on This Page
Piegan-Gloster
Merton
Spain
Portui
Africa
Australia
Austria
Canada
Pnien Sirenethen
Antes Jounand
Mor
Cretune
Prom Heilaronner Company
Hutton & Co
Kuraitania
Calumet Mays Lake Superior
United Stat
Quincy
Calumet & Heel
de Ing
New York Stock Exchange
de Gay
Fan How
Amalgamated
Teclowed
Anaconda
Tod
Inspiration
China
Tay
Miami
North Butte
Hom
East Tutte
Davis-Daly
Granby
Greene-Cananer
Arye
Spe
East St. Louis
Bryan
Gerard
New York—Tribune
Carl von Wigand
Saya
Rerin—Wilson
London—stock Exchange
New Jersey
Gend Eri
Dow, Jonet & Co
Lake Superion Copper Company
Alex Scott
Spelter
Wall Street Close
SPW
YORK
Alaska Gold
Aimerican
American Telephone
Elemraph
American Tobacco
Atchien & Ohio
Colorado
Colorado & Southern
Denver & Rio Grande
Becuritien Krie
Bicettie
Great Northern
Gungenheim “Exploration
Minot Central
Unterborough Met
Soulaville & Nashville
Mexican Petroleum
National Wircutt National Lead
Nevada Copper
New York Central
Maven
Hiartford
Norfolk & Western
Cess Northern
Paci Pacific
Maileas
Republic Iron and Tea
Hock Island Co
Stl & KF
Southern Pacific Southern Railway
Tennessee Copper ‘Company
United States Bteel
Vsees
Tan” Coppe
Wertinghouse Electric
Boston
Paine, Webber & Co
San Francisco
Salt Lake Men
Portland Livestock
Portland
Ore
Steers Choice
Tholee
Fiia
Lamba
Porteand Stockyards
Ure
Thoms
North Portand
Money Market
Metal Market
Alay
New York Metal Exchange
Bia
American Zinc
Alaska
Algomi
Arizona
Fhutte & Superior Ox
Butte & Ballaklava
Calumet
Omimet
Hecla
Ce ‘Enna
Chine
Franklin i Ie Sue Granby Greene-Canianea
Mancock
Hedley Gold Inspiration
Alana
Stand Creek
Isle Royale
Lake
Salt ‘Mason
Michigan
Alam
Nipissing
North
Butio
Old Colony
Old ‘Dominion
Osceola
Pond Creek
Ray” Consolidated Site Company
Santa Fe
Shannon Shattuck
My Superior Copper
Tamaracka
Trinity Om
Utah
Utah Copper Ca
Apex v. An
Victoria
Winona
Wolvering
Wyandott
SU Mary's
Moher Moston & Iy
Hes Hutte & London
Bluebell At ‘Copper Laverns
Calumet &’ Corbin
Crown
Davie-Daly Flrat ‘Ations Goldwela Consolidated
Goldfeld
Mourhton Copper Meltinger Vet Union
Kerr Lake Keweenaw
Lar
Tosei
Majentie
Darrah New Hall
Nevada-Douglas
New Cornelia Se
North Lake
Ojibway
Oneeo
United Proncamaring
South Lake Superior
Toston
Stewart i
Tonopah
Tonopah Mining
United Verdel Extension
Yukon
Purmiamed
Mont
Gipay
Sim Butler Manieux
St Midway
Monaren
Pittsburg
Montana
Samara North
Star Rescue
West End
Nevada
Round” Mountain
Pat Webber & Co
Askea. Net
Daly Bank and Trust Company of
Pias and Ona
Rneral Banking Business
Fuanfare
Kelly
Jom Bryan
Aaseietas
First National Bank of
United States Depository
A. Clark
J. Ross Clark
A. Clark & Brother
Alex
Johnston
Rms
Maieidma
Casnier
Cathar
Miners Savings Bank and Trust Co. Capital
Federal Reserve
Silver Bow National Bank
Silver Bow I National Bank
West Park Street
Western Montana National Bank
API Surplus
W. Bdwy
Bell
Lan