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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

May 18, 1915

Page

12

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.

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.

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.

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.

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.

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.

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.

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.

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
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