Copper Demand Outpaces World Production Amid Declining Stocks
An 1910 to 1914 stock decline shows copper consumption exceeding supply despite U S output gains. World stocks shrank from 41 million pounds in July 1910 to about 1.38 million in November 1913 and around 250 million pounds by end of 1914. European war disruption and US porphyry mines boosted output yet failed to close the gap, signaling rising prices and strong future demand for copper from industry and electrification.
MENTIONED IN THIS ARTICLE
United States
Superior
Chino, Bay
Miami
Nevada
Utah
Europe
Wer
South America
Suring 1815
Mexico
Sensational Market Big Sales In Spelter
Last week set a record in the spelter market with prices rising and demand remaining high. Estimated sales over three days ranged from 16,000,000 to 100,000,000 pounds at 11 to over 20 cents per pound by grade, with prime western spelter at August delivery.
Market Quiet As Prices Slip On Weak Trading
Market very quiet as traders wait for direction from abroad. Stocks show further declines with little buying demand and futures hint at a slow, cautious advance. Copper and spelter buck trends with strong prices and rising payrolls in Montana mines. Butte miners increase holdings in copper and zinc stocks as certain shares rise and fall in a tight session.
Market rumors and dividend rumors ripple through stocks
A report quotes tentative price declines and expected dips in the market. Large agencies quote 19 cents for a commodity while speculation swirls about a possible Alan Copper dividend of $4 on Friday. Boston-Spelter trades at 18 cents per ton amid news of the Old Dominion of Maine planning a quarterly dividend of 81 cents per share, up 50 cents over prior.
MENTIONED IN THIS ARTICLE
Ton
Old Dominion of
Maine
New York
Quiet Title Battle Over Mining Claims Near Broadwater
A federal suit in equity to quiet title to two quartz lode mining claims in the Coder Plains district of Broadwater county continues. The Combination Keating Mining company alleges conspiratorial acts by C. L. Clinton H. Gyshert and others to procure the claims, including a sheriff sale bid of 10,000 with Clinton paying 106 and posing as the company attorney. Key witness Klenze is accused of locating the claims in his name as trustee for the plaintiff. Charles B. Doggett H G Klenze and Jr L Clinton testified for the plaintiff. Clinton testified for the defense as the case resumed yesterday.
MENTIONED IN THIS ARTICLE
Keating Mining ‘Company
C. L. Clinton
H. Gyshert
Combination
Minneapolis
Coder Plains
Broadwater County
Sult
Clinton
Klenze
Charles B. Doggett
H. G. Klenze
Jr. L. Clinton
Mr. Clinton
Copper Prices Fluctuate Amid War and Bankruptcy Proceedings
The report notes copper price averages for the year amid wartime shifts, cites Director Dillaway of Isle Royale Copper in proxy battles against Calumet & Hecla, and records a bankruptcy hearing delay for Hut te Duluth Mining. It also mentions mercantile rates, sterling exchange, and government and railroad bond activity.
Wall Street Close Showed Apathy And Weakness
New York trading today featured extreme apathy with volumes down from yesterday and many issues slipping one to two points. The session drifted from irregular opening to gradual declines amid war spec activity and a Mexican situation revival, while bonds showed irregular weakness and notable names in steel and telegraph stocks edged lower. Local and international developments weighed on sentiment as Copper and metal prices remained subdued at the New York Market and the Metal Exchange.
MENTIONED IN THIS ARTICLE
New — York
Financial — Bulletin
New York
Americ
New York World
Italy
Financial Bulletin
Union Pacific
United States Steel
Lackawanna Steel
Rock Island
Washington
Inter Commerce Commission
Tock Island
Wabash
United States
Panama
Minneapolis Wheat Report Summary
Wheat trading in Minneapolis May session shows No 1 hard at 1.60% and No 2 Northern near 1,560.00 with May delivery values cited. Price quotes indicate interest but data fragment limits full context.
MENTIONED IN THIS ARTICLE
Neapolis
Norther
Also Mentioned on This Page
Spelter
Kaiser
Ple
Particu
Butte
Amalgamated
Ndt
Steel Common
Utah Copper
Butte & Superior
Wold
North Butte
Fast
Rraine, Webber & Co
Many
Tim
Southern Pacific
Stel Corporaton
York—American Refining Company
Ronner Company
Dow, Jones & Co
Western Spelter
East St. Louis
Clark-Childs
Alan
Boston
Dillaway
Isle Royale, Copper Company
Calumet & Hecla
Salt Lake Mines
Oney Market
Mercantile Paper
Sterling Exchange
Abday Il Cables
Barsliver
Wye
Aia
Calumet & Hela
Osceola
Calumet & Arion
Furnishea Oy Raime
Wor & Co
Beck Tunnel
Colorado
Mammoth
Ohio
Prince Consolidated Sliver King Coalition
Im Sioux Consolidated
Sim Consolidated
Victor Mietoria Ik Wilbert
Yankee
Wall Street Close
Mn Pacle
United ‘States
Ica
Vtan
Copper Wabash
Western Union Westinghouse Elect
San Francisco
Metal Market
New York Metal Exchange
Fiveston
Asiase
Rho Metal Exchange
u.aEye
Twland Creek
Baile Winson Valley
Mase
Michigan
Mohawk
Nipissing
Dominion Seedsteid & Inuiney
Ray Consol
Rite Company
Santa Fe Shannon
Shoe Machinery
Superior Copper Es
Tamarack
Trinity
Tuolumne
Utah Consolidated B
Apex
Victoria Winona
Wolverine
Wrandotte
Paine, Webber & Ce Ia
Paine, Weber & Co
Booth i
C. D
Besmondfield
Florence
Lone’ Star
Tiker
Manhattan
Virginia
Paris Webber & Co
Sierra New
Union
Anaconda An
Belmont
Alaska
Cea Boy’ Anmeek
Algoman
Jim Butler
Arcadian
Tonopah
Midway
Menateh-Pittsburg
Alloues
Montana
Arizona
MacNamara
Tutte & Superior
North Star Ia
Mutte & Balla Rescue
Eulaca Calumet
Calumet de Meola
Pittsburg
Silver Peak
Chino
Round Mountain
aly-Weat
East Butte
Cananen i
Hancock
Indiana
Gilatn
the .Heilbronner CO
Hayden, Stone & CO
Main
Granite Sts
E. F. Hutton & CO
Mass
Ta Eo
Daly Bank and Trust Company of
Capital and Surpion
General Banking
Wowie
Saree Reet
R & Ryn A
Cather
First National Bank of
W. A. Clark
Ross Clark
W. A. Clark & Brother Bankers
Alek J. Johnston
Ssccee Sries
Miners Savings Bank and Trust Co
West Park Street
Federal Reserve Bank
Silver Bow National Bank
Western Montana National Bank
A. A. Goldschmidt
PERT
B.A
P. Ry