Demand for Stocks Drives Unusual Copper Demand
In a busy market, spot copper climbs to 32-33 cents, lifting steel and copper stocks. Major firms like Anaconda, Granby, and Kennecott show gains, while profits prompt occasional selling. Analysts note potential tax and bond issues influencing outlook as Washington awaits rate moves.
MENTIONED IN THIS ARTICLE
Butte & Superior
Granby
China
Miami
Ray
Kennecott
Greene-Cananea
Utah Copper
Davis-Daly
East Butte
Butte & London
Butte Copper and Zinc
Ballaklava
Butte New York
Boston
Market Notes On Copper Steel And Grain Outlook
Reports from Portland and Chicago indicate copper and steel stocks poised to rise with Mexican petroleum and United States Steel leading the trend. Mixed grain futures ease as domestic weather and crop prospects influence buyers while cash corn hits record highs and oats retreat on frost fears.
MENTIONED IN THIS ARTICLE
Chicago
Texas
United States
Australia
Dividend Boost by Montana Power Company
The Montana Power directors in New York raised the common stock dividend rate from 4 to 5 percent per year. A quarterly 1 percent dividend on ordinary shares will be payable on June 15. Preferred stock dividends remain at 2 percent. The firm reports full utilization of its power, mines active, and ongoing projects nearing completion, signaling higher future income.
MENTIONED IN THIS ARTICLE
Washington
New York Financial News
Rockefeller
One Alliance
Bannack Gold
Barnes-King
Big Creek
Butte & Arizona
Butte
London
Cable Consolidated
Colusa-Leonard
Douglas
Elk Basin
Furnace Creek
Great Butte Copper
Greybull-Montana
Montranadia
Nancy Hanks
Neorth Butte
Prud
Hercules
Vignoles Rail Chair
Salt Lake
Spokane
PRICI
Lausier-Wolcott Company
Aske
Lauzier-Wolcott Company
Bingham Amali
Itonwood
Colorado Con
Gertie
Idora Hill
Huo Mining
Interstate
Mahan
Miller Hill
Jack Waite
Knob Hin. Ha Ie
Monitor
Nabob
South Heeta
Oom Paul Los Silver Shield
Reindes
Tintic Central Soa
SAN Prancisco
Launier-Wolcott_ Company
Atlanta
Goldfield
Tsa
Virginia
Ophir Vain
Sierra
Union i Belmont
Gipsy Queen
Sim Butler
Halifax
Midway Monarch-Pitts
Montana
Mizpah
Montana Power Company
New York
Heilbroner Company
Juneau
Rat King
Gait sa-Leonara
Canda
Afizppermitt
Copper King Uw
Dawkins
Davis Daly
Federal
Zick
Basin
UN Goldfield
Cy Howe Sound
Hull
Jerome Verde
Mines of America
Milford Copper
Ohio
United Verde
United Eastern
West End
Butter and Eggs Market Report Chicago May 28
Butter tied as creamery receipts showed 42 680 cases with firsts at 32 33 cents and ordinary firsts at 32 35 cents per dozen. Hog, cattle, and sheep markets were steady with hog receipts around 1 070 and cattle around 11. Market held steady at prior price levels.
MENTIONED IN THIS ARTICLE
Ortland
Chicago
Figagg
Wall Street Closes Mixed After Steel Leads Rally
United States Steel again led trading on May 28 with a two and a half point jump to 129 1 2, matching a 1916 high before a late reversal. Other industrials and munition stocks followed gains. many weaker issues fell back. Copper, oils, and shippings rose marginally while several rails and utilities showed mixed moves. Market totals showed 2 1 2 million shares traded with U S Steel and related metals driving activity.
MENTIONED IN THIS ARTICLE
New York
United States
Kross
Colorado & Southern First Preferred
Pittsburg
Chicago
Cincinnati
St. Louis
Union Pacific
Reading
Montana
Denver & Tite Grande
Also Mentioned on This Page
Sutton
Green Consolidated Copper
Greene-Cananea Copper Company
Greene Consolidated
New York Sun
East St. Louis
Lauzier-Wolcoti CO
Ray Hercules Consolidated
Hoston
Utah
Logan & Bryan
Jerome
Aziz
Chandler
Ntry
Mexico
Anaconda
Stuart Logan
Butte Stock Exchange
Portland Livestock
Laveste
Tay Co
Mercantile Paper
Hong Kong
Ouly
Montana Power
Boston Curb
Heilbronner Company
Bingham Mines
Bohemia
Boston & Lily
Calumet & Corbin
Calaveras
Crown Reserve
Eagle & Bie Bell
Hoston Copper
Ma Ke
Nevada-Douglan
New Battle Li
New Cornelia
Ohio Copper
Oneco
THE
Pri Cetton
Connes
E_F. HUTTON
Hayden, Stone & CO
Butte-Bullwhacker
Butte Cop. & Zinc
Butte & Gt. Falls
Butte & Ely
Butte Copper Czar
Greybull-Mont
Iron Blossom
Ray Hercules
Jcks Grain
New ‘York
Dolan
Elephones
Guirwice
Butte & Bacorn
Butte & New York
Carney Copper
North Franklin
Wall Street Close
Southern Pacific
Southern Railway
Texas Company
Union ‘Pacific
Steelee
Metange
Metal Exchange
Amer
Atchison
Baltimore & Ohio Bay ‘& Superior
California Petroleum
Canadian Pacific
Central Leather
Chesapeake & Ohio
Chiko
Milwaukee & St
Patchimg
Colordo Fuel
Tron Y Crucible Steel
Cuba
Inspiration
Kenneentt Copper
Louisville & Nashville
Mexican Petroleum
Miso Pacific Montana
New York Central
Northern Pacific
Pennsylvania
Ray C
Ra Peerit’y Republic Tron
Steesis
Adventure
Ahmeek
Allouez
Calumet & Arizona
Calumet & Hecla Ory
North Butte
Old Colony
Old Dominion
Quincy
Shu
Su Ay Sty's
Su FP & Howton
Taolumness
X'negns
Butte-Pacific
Butte - Bullwhacker
Great Falls
Butte Copper Caar Davis-Daly
Great
Oil
National Lite
Prudential Corarhox
Arnes
Farrell
Mont-Canadian Oil
Stewart
Lavaten
Georgetown
Nelson Pree Cross
Polly
Tar Nelson
Silver Bow National Bank
Federal Reserve Bank
Savings Department
U. 8
West Park Street
Daly Bank and Trust Company of
Jbarees
Kelly
Broaigent
Aanimtane Cashier
Clark
J. Ross Clark
W. A. Clark & Brother Bankers
Alex. J. Johnston
Caadler
Weblet
Tyannada
Inver
Moxos
First National Bank
United
Pei
Montana National Bank
Kopital
Detroit
Zine
W. DB. Creden First
National Bank Building
Mont
Main
Bette Public
C. Sachs
daho-Montana Inv. Co
Granite
Fast Park Avenue
J. Chauvin
West Granite
Leo S. Ross
Arizona St
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