Four Dollars a Day Assured This Month
Copper wage scales for Butte district set at four dollars per day for May with prices recorded for the first 12 days and estimates for the rest of the month. Market notes indicate a flat copper market with large sellers holding at 18 1 2 to 18 3 4 cents per pound and ongoing shipments and contracts extending into 1917.
MENTIONED IN THIS ARTICLE
Butte
Ompamice Butte & Superior
Anaconda Company
Sasgoanis
Cisne
Issom
Ean
Eetkendesate
Hagneering and Stains Journal
Sys
Lusitania
Archangel
Great Britain
Sweden
Canada
Taly
France
Turner
Chile
Pert
Japan
Need of Mining Exchange to Encourage Investments
The Butte Chamber of Commerce seeks to reorganize the Butte Mining Exchange to assist regional mining development. A well managed exchange would attract capital from eastern financiers, back local projects, and keep mining funds within Montana and Idaho, boosting district prosperity.
MENTIONED IN THIS ARTICLE
Butte Chamber of Commerce
Butte District
Chamber of Commerce
Ingen
Salt Lake
Ming
West Exchange
Butte
Montana
Idado
Butte Mining
Spokane
Kane
Helena
Hutte Duluth
Elkhorn
Butte Exchange
Poston
New York
Gistriet
Boston & Montana Makes A Good Strike
Telegram to President W. R. Allen reports in the Klkhorn District an 1,808 foot cross vein discovery with visible lier in layers and tunnel-like appearance. Water drainage and timbering are noted as ground requires. This marks a notable development for the Boston & Montana Development Company.
MENTIONED IN THIS ARTICLE
W. R. Allen
Boston & Montana Development Company
Klkhorn
Iver
Morning Mine Completes Underground Compressor Installation
The Federal Mining and Smelting Co reports the underground compressor unit at the No 6 tunnel level of the Morning mine is installed and ready for operation once Thompson Falls power is diverted. The Ingersoll Rand unit delivers 2,500 cu ft per minute at 465 horse, enabling greater efficiency and savings at both the Hunter and Morning mills.
MENTIONED IN THIS ARTICLE
Federal Mining and Smeltins Company
Thompson Falls
Hunter
Morning
Butte Prosperity Boost From Higher Copper Wages
The prosperity of Butte rises with copper prices at 4 dollars per day for miners. About 10,000 men will average 100 dollars monthly for 25 days, totaling roughly 1 million dollars in wages this month. Payrolls across the district may reach 1.5 million, with an extra 75 thousand dollars added versus April.
MENTIONED IN THIS ARTICLE
Butte
Zinc Stocks Rise While Copper Softens On Spelter Gains
The market shows strength in zinc with Butte & Superior and American Zinc advancing after a surge in spelter prices. Reports of large sales at 19 and 20 cents spurred activity while copper remains pressured amid mixed domestic and international signals.
MENTIONED IN THIS ARTICLE
Butte & Superior
Americana
Butte & "Superior
American Zinc
Butte
Paine, Weaver & Co
Alana Gold
Algoman
Amlouee
Say Butte & Superior
Hutte & Baltaklava
Calumet Arizona
Calumet
Chino
Daly
West Ear Butte
Franklin
Granby
Greene
Cananen
Hancock
Hedley
Inspiration Copper
Indiana
Isle Royale
Lake
Ka Salle
Mason Valley
Michigan
St Mary Us Seite Company
Santa Fe Shannon
Hattuck
Bu Rier Copper
Shoe
Ey Wee
Tamarack Trinity
Tuolumne Utah Consolidated
Ug. Fy Utah Apex US
Victoria Winona Io
Wolverine Wyandotte
Copper Stocks Firm as Refinery Stocks Drop to 30,000
Copper stocks at refinery points have fallen to about 30,000 pounds with total refined stock at 106,000,000 pounds as of the latest MYA report. Lake copper makes up about 24 percent of holdings while electrolyte copper remains priced around 19 cents per pound. Demand for lake copper has surged this year and brass mills run at full capacity amid a curtailment policy adopted by most producers last August.
MENTIONED IN THIS ARTICLE
Copper Producers ™ Association
Michigan
Mines near Salmon producing wealth
Miner Emerson Hill of Salmon Idaho with Henry Miller sheriff of Lemhi county and Harry Kelly visited Butte, noting strong mining activity in Salmon and Lemhi. He reported big strikes at Musgrove and nearby mines, dredging at Bohannon bar, and high grade ore at U P and Fellow Jacket, predicting a prolonged prosperous period despite no boom.
MENTIONED IN THIS ARTICLE
Emerson
Beaverhead
Salmon
Idaho
Henry Miller
Lembi County
Harry Kelly
Butte
Mr Hill
Madisonounty
Hill
Madison
Montana
Beaverhead County
Red Rock
Madison County
Lemht County
Shoup
Musgrove
Ulysses
Bohannan Bar
U-P
Lem
White
Wall Street Close and Market Snapshot May Day Trading
Wall Street opened modestly higher but soon eroded gains as trading remained listless amid international cues. The market displayed broad but weak action with few standout movers, while foreign exchange stayed feverish and the local bond market held steady aside from Wabash weaknesses and copper and mining shares slight shifts.
MENTIONED IN THIS ARTICLE
New York
Wdon
London
Ottawa
Sinich
Silver Cable mine tops Coeur d'Alene prospects
The Silver Cable mine near Burke leads Coeur d'Alene district prospects as drift work on a recent cross cut advances the vein but footwall remains unseen. Shares rise amid talk of soon paying dividends after a celebrated strike boosts investor confidence. Nearby Ramshorn gulch’s Childers and Clack property was bonded for about 400,000, featuring a vast porphyry dyke with ore bodies estimated 3,000 by 200 feet and rising 225 feet. samples show high grade oxide ore averaging near 4 per ton and free milling properties.-
MENTIONED IN THIS ARTICLE
Burke
Coeur d'Alene
The
Con Peay
Eich
Maden Eounty
Childers & 1
Clack
Ramshorn Gulch
Also Mentioned on This Page
the Banking Corporation
Anaconda Copper Mining Company
Bonner, Montana
Boston & Montana
In Are Has Mediate Bepc
Mariet
Prom Paine, Wemmer
Anaconda
Nicholas PF. Brady
J. Horace Harding
Andrew J. Miller
Rome
Pritapurg
Narary
Tron Trade Review
New York—american
Herald
inter= Huston
PROM
Heilbronner Company
B. F. Hutton & Co
Maly
Finley, Barrel & Co
Sharp
Harris, Winthrop & Co
Chapin & Co
Thomson
McKinnon
Germany
Hentpronner Company
Bucharest
Rumania
Italy
Austria
Transylvania
Dow Jones & Co
American Zinc, Lead
Inter
Iediate Spelter
Moston
Metal Market
Vience
Devis-Daly
Helvetta
Kewanas
Kerr ‘Lake
Oro
Keweenaw
Mckinley-Darragh
Iy Low Tiger
Cornella
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Douglas
Ncross
Ophir i
Sierra Nevada
United Pront
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Hetmont
Boston
Alam
Gipsy
Queen Stewart
Nimater
West End
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Metal Exchange
Ny A Mere
Wall Street Close
Alaska
American Sugar Refining
American Telephone
Teegraph
American Tobacco
Anaconda Mining Atehiaon Oe
Itimore Ole Secescion
Brooklyn
Alifornia Petroleum
Canadian Pacific ‘Leather Ee Oi
Distilers Securities Erle
General Electric
Great Northern
Guegenhelm
Tiiiola Central Se
Materborough
Jpication
International Harvester
Kansas
Mexican Petroleum
Miau Ai Copper
Missouri, Kansas & Texas
Mimcourt
Pacife
Montana Power
Bircuit Canal
Vada Copper
Pennsylvania Pullman Palace
Kay
Comer
Tennessee Copper
Texas’ Company
Union Pacife
United State Steel Go
Utah
Colorado
Point Aisi
Geend Central
Mamenotha
OP ‘Onio
Copper Prince
Coneotia
Lin 1S
Sioux
Consolidated Wey
Swansea
Unc ‘Sant Consolidated
Daly Bank and
First National Bank of Butte
A. Clark
Ross Clark
W. A. Clark & Brother Bankers
Retabiahice 37
Asmer
Afra
Miners Savings Bank and Trust Co
West Park Street
Eserve Heeber
Silver Bow National Bank
Western Montana National Bank
Old and Exchange
Bell