Heinze Estate Appraisal Reveals Heavy Collateral Losses
An appraisal places the Heinze estate at about 1.48 million dollars, primarily in securities pledged as collateral for loans. Key holdings include Stewart Mining stock, Copper stock, Anaconda stock, State Savings bank, Davie-Daly, United Copper, Irving National Bank, Mercantile National Bank, and Bingham Central railway bonds, with many assets shown as collateral and substantial values tied to Texas sugar ventures and other concerns. The bank’s receiver holds claims against the estate, affecting potential dividends to depositors.
MENTIONED IN THIS ARTICLE
Butte
F. Augustus Heinze
Heinze
Mr. Heinze
State
Ravings Bank
Executrix
Stewart Mining
Stewart
Sie
Foana
Anaconda
State Savings Bank
Davie-Daly
Davis-Daly
United Copper Common
Irving
National Bank
Mercantile Naional Bank
Bingham Central Railway
Ohio Copper
Texas
Brownsville
LaFrance Copper Company
United Copper Company
Tnder
Charles Morse
Montana
Esse Oh
Stratton Independence Mine Reported Sold
Reports say the Stratton Independence Mine was sold to an English syndicate for 11 million pounds at a directors meeting this week. Portland Company officials declined to confirm or deny the report. The mine was previously owned by the Stratton estate and sold to the London syndicate years ago.
MENTIONED IN THIS ARTICLE
Colorado Springs
Col. le
Stratton Indepen
Minin
Portland Company
Stratton Independence
W. S. Stratton
Hammond Is Sued for More Than a Million
Baltimore May 22 John Hays Hammond mining engineer faces two lawsuits totaling 1 437 500 sought by Addison G Dubois and Willard D Doremus of Washington. Plaintiffs allege irregular possession of General Cotton Securities stock certificates and refusal to return stock to several owners across multiple city blocks and additions in a Delaware corporation case.
MENTIONED IN THIS ARTICLE
Baltimore
John Hays Hammond
Addison G. Dubois
Willard D. Doremus
Washington
Market sentiment strengthens as stocks rise on renewed confidence
Market watchers report renewed buying in New York and Boston with total 270100 shares traded in two hours. Amalgamated and other copper stocks gained despite US Germany tensions, while analysts predict a resumption of copper mining profits and higher prices. News from Calumet & Art and General Electric hints at a broader market uptick as sentiment improves amid reports Germany’s reply may favor a peaceful settlement.
MENTIONED IN THIS ARTICLE
New York
Boston
Anx i
United States
Germany
Amalgamated
Gott
Ana- Conda
Butter & Superior Win
North Butte
East Butte
Stewart
Olan
China
Inspiration
Greene Cananea
Granby
Prom Paine, Werner & CO
Paine, Webber & Co
Bay Range
St. Mary's
Arcadian
Mass
Mohawk
Allover
the Times
The
Financial Bulletin
Westinghouse
General Electric
Gan & Bryan
Hward
Berlin
Amsterdam
German Defense Union
NEF
Sear
Mecheork
Lon TeToweet
Sean
Weare
Paris
Rome
Recollee
Gower
Traree
Bank of England
Wit
Ottawa
Genee
Japan
Interstate-Callahan to Pay Extra Dividend Declared
Wallace reports the Interstate-Callahan Directors under C. W. Newton will declare a special dividend of 75 cents per share in addition to the standard 2 1 2 cents, totaling 160 000 dollars for the quarter. Stockholders expect action at the New York meeting with further details in days.
MENTIONED IN THIS ARTICLE
Wallace
Interstate-Callahan
C. W. Newton
Butte
New York
Interstate-Callahan Company
Federal Mining declares quarterly dividend amid war era pricing
The Federal Mining company directors declare a regular quarterly dividend of 1 per cent per share, totaling about 320000 for the year and lifting the grand total to 14685515 with 2108700 already paid. The company, after war induced price dips, raised from 1% annual to 4% annual and now hints at further increases as lead and silver outputs resume. Greenhill-Cleveland ore reserves are nearly exhausted, reducing revenue, yet the firm controls 8 percent of Greenhill-Cleveland stock and may lift the dividend to 5 or 6 percent this year. New York reports reflect cautious market sentiment and easing foreign exchange pressures amid wartime uncertainty.
MENTIONED IN THIS ARTICLE
Federal Mining Company
Prisco
Toth
Greenhill- Cleveland
Greenhill-Cleveland Company
Fragmented mining bids and buyers listing in Butte Montana
Partial bid sheet lists multiple firms and commodities such as Alberta Petroleum and National Life trading in gold and Caledonia shares with figures like 1000 and 500. It names Barnes King, Butte & Bacorn, Tuolumne, Pilot-Butte, and LAUZIER WOLCOTT CO as broker references in Butte Montana.
MENTIONED IN THIS ARTICLE
Barnes King
Butte & Bacorni
Alberta Petroleums
Butte
Alex Scott
Davis
Caledonia
Tuolumneth National Life
Keating
Atte
Great Falls
Tom Success
North Franklin
Butte & London
New York
Butte & Londons
Davis-Daly
Harnes King
Hutte & Bacorn
Tuolumne National Life Tneating
Alberta Petroleum
Pilot-Butte
Alameda
Lauzier-Wolcott CO
Cock Brokers
Mont
Market roundup notes on copper and steel stocks
B MacKelvie reports shelter prices steady with a 16 cent October copper delivery and daily copper sales. Firms like Clark Childs & Co and F Hutton & Co note a bull tendency, with Butte & Superior and Crucible Steel cited. Westinghouse expected higher prices amid a creeping upward trend across Industrials.
MENTIONED IN THIS ARTICLE
F. Hutton & Co
New York
Butte & Superior
Crucible Steel
Mine Companies File Annual Statements
The Butte & Superior Copper Company reports authorized capital of 2.5 million with 2,720,947 paid in including cash and in kind assets. capital stock history shows changes from 1.2 million to 350,000 shares at $10 par. North Butte Extension Copper Mining shows 300,000 cap with 1,338,830 outstanding and 285,860 issued in stock. Atlantic Mines reports 1,000,000 authorized with one quarter paid in. assets total about 350,000. H. G. Bell is president. A. J. Ronaghan secretary. a probate-like appointment revocation names D. Gay Stivers replacing J Bruce Kremer as coronation agent in Montana.
MENTIONED IN THIS ARTICLE
Butte & Superior Copper Company, Limited
Siiver Bow County
North Butte Extension Development Company
North Butte Extension Copper Mining Company
H. G. Bell
A.J. Ronaghan
Atlantic Mines Company
Butte
Wilmington, del
Ht. T. Mehan
James Dickson
J Bruce Kremer
Montana
D. Gay Stivers
United Metals Selling Seeks Dissolution Amid Reorganization
Trenton New Jersey May 22 Arth Aigvolution filed with the secretary of state today by United Metals Selling company a New Jersey concern and subsidiary of the Amalo Hamated Copper company. The company was incorporated in 190 with capital of 5 million dollars.
MENTIONED IN THIS ARTICLE
Trenton
N. J
United Metals Selling Company
New Jersey Carson
Amalpo Hamated Copper Company
Greene Cananea Company Annual Meeting Called
The annual meeting of the Greene Cananea Company will be held at the offices of the company in Duluth Minnesota on Monday June 21. Three directors will be elected for a term of three years each and reports on the condition and property of the company will be received.
MENTIONED IN THIS ARTICLE
Greenecananea Company
Smces
Duluth, Minn
Spoons Move Fast In Anaconda Office Sale
A steady stream visits the Butte and Anaconda offices of the Standards to buy Oneida Community souvenir spoons. Priced at 15e each, four coupons or two spoons with seven coupons unlock orders, with subscribers allowed four spoons monthly upon showing receipts. Mailing rates vary, with arrangements for multiple quantities and guaranteed delivery. The Panama Canal’s length is noted at eight miles.
MENTIONED IN THIS ARTICLE
Te Butte
Anaconda
Ise
Joe
Also Mentioned on This Page
FA. Heinze Estate
Hammond
Ens
James A. Anderson
A. J. Davis
Barnard
Plymouth
Henry Elderkin
E. D. Elderkin
Grand Avenue
William McDermott
M. R. Johnton
Fairview
Emma A. Farlin
John E. Manguson
August Christianson
Benjamin F. Crow
McQueen
Bidney
Roberts
Robert L
Mer- Hots
Cobban
Smith
San Juan
Verlic
Childs & Co
Calumet, Mich
Cor
Calumet & Art
Wai Gt
Eos Sacre Aces Wits
United States Steel Corporation
Fimer Boats
Aber
Yokoyama
Federal Company
Weekly Financial Review
Beerless Oil Co
Imperial Oil Co
Kern Oil Co
8. F. & McK. Oil Co
Kern River Oil Co
Pinol Oil Co
Lucile Oil Co
New Oil Co
Fullerton Oil Co
Winchester Oil Co
Winemiller Oil Co
Home Oil Co
Union Oil Co
New York Oil Co
Alcalda Oil Co
San Joaquin Oil Co
Pacific Oil Co
Sourdough Oil Co
Sterling Oil Co
Caribou Oil Co
Monte Christo
United
Montana-Canadian Oil Company
F. M. Bell & CO. Fiscal Agents
Lewisohn Building
Bronner Company
B. MacKelvie
Clark, Childs & Co
Ray Consolidated Tx
New York News Bulletin
United Metals Selling
Panama ‘Canal
Heilbronner CO
Hayden, Stone & CO
Main
Granite Sts
E. F. Hutton & CO
Daly Bank and Trust Company of
NERAL
Charles 1
Kelly
John D. Ryan
Xsatsti Aasistas
Lumber
OF the
Anaconda Copper Mining Company
Bonner, Montana
E Lamb
Galena Hates
A. A. Goldschmidt
B.A
P.ry
Agrive