Peace rumors rattle markets as copper and shares slip
Market drifted lower on peace rumors stretching through New York and London trades. Copper and spelter led declines with December copper at cents and London price weaker. investors fear war prolongation, prompting cautious trading.
MENTIONED IN THIS ARTICLE
Ion
Bears
New York
London
Butte & Superior
Inspiration
China
Miami
Fearaersion
Butte Copper and Zinc
Butte
Pereterenite Artes Parise
Paine, Webber & CO
J. J. Hill
Mayo Hospital
Rochester
Minn
East Butte plant praised by Pragident Gross in visit
Pragident Gross of East Butte company toured the plant and mines in Butte and praised conditions. He reported debt repayment progress, plans to have about $1,000,000 cash on hand by June 1, and emphasized a conservative plan to boost future earnings. Ore output from own mines runs 4,000 to 5,000 tons weekly with strong Dutton shaft results and No. 2 shaft development.
MENTIONED IN THIS ARTICLE
Pragident Gross
East Butte Company
Butte
Cmpany
Cate
Dutton
Silver demand shifts after war, experts warn
Analysts say European governments may not demand silver until peace returns and currencies shift from paper to specie. Breen, a mine owner, notes current silver buying is for Asiatic colonies and minor domestic coinage. Once peace resumes, nations will need silver for coinage, as old stocks are insufficient. Price declines stem from profit taking by speculators who misread imminent large purchases.
MENTIONED IN THIS ARTICLE
S of Europe
Breen
New Hypotheek Mill Nears Completion in Coeur d Alenes
The 126 ton daily capacity mill at Hypotheek mine in the Coeur d Alenes should be finished and ready to operate within days says J H Kern of Moose Jaw Saskatchewan president of Hypotheek Mining company. Ore reserves lie on 500 700 and 9 foot levels with enough material for two years at full capacity. The crude ore yields about 10 ounces of silver per ton and about 10 percent lead in mill feed. Output is contracted with Northport smelter, aiming for concentrates of 15 to 20 tons. The company is capitalized at 4 000 000 shares with $200 000 authorized, of which little has been issued, and payroll debts are covered by cash on hand.
MENTIONED IN THIS ARTICLE
East Butte
Newroperties
Prom Rence
Colusa Leonard
Butte Main Range
Ana- Conus Company
Walte Whacker
Hutte Duluth
North Hutte Company
Kern
Northport
Aiscovery
Grech
Reopen Old Placer Ground of Indian Creek at Has sel
J. 8 Smith of Helena plans to start extensive placer operations in Indian Creek near Hassel. A $6,000 contract covers preliminary work. Historical yields exceed 2,000,000 in gold from the placer diggings. a 1,170 foot flume 30 feet above the creek will feed a reservoir. Estimated there are 500,000 cable yards of dirt in Smith’s claims.
MENTIONED IN THIS ARTICLE
J. 8 Smith
Helena
Indian Creeks
Has Sel
Kold
Indian Creek
Bss
Smith
Wall Street Close Shows Dull Trading Amid Tax Worries
New York traders ended a subdued session as dealings fell by over half from earlier highs. Short selling favored by professionals grew amid Britain’s proposed extra tax on income from American securities. Steel activity steadied after Chairman Gary’s address to the steel institute, while copper, engine shares, shipping, and prominent munition stocks drifted downward. United States coupon and Panama coupon traded narrowly with small gains and losses.
MENTIONED IN THIS ARTICLE
E. F. Hutton & Co
New York
England
Gary
Steel Institute
Yeater- Day
Jeading
Rails
United States
Panama
Ama
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Inspiration Copper Company
Boston
Boston News Burea
Berlin
Kennecott
Wall Street
France
Bethlehem
Sudvate
United States Steel
PROM
Heelbronner CO
Hutton & Co
Porphyry
Utah
Judgsoy
American Iron and Reet Institute
Gow, Jones & Co
Butte Stock Exchange
Mia Anke Alameda
Sone ‘Alliance
Pe ‘Barnes-King Oo Hannack Gold Sa
Arisona
Butte & Acorn
Hutte-Muntwhacker
Moston & Corbin
Nutte Copper
Butte & Ely
Rtte Fe Great Palle
Twaukee
Butte-Aton
de Hou
Hutt & Zenith
Greybuil
Montana
Renora
Keating Gold
Mammoth
Nancy Hanks i
Montoo Atiter Mint
Prince
Caledonia
Rexall
Rochester Mines
Alan Heela
Highland
Reindeer Queen
Ietor
Walker Mining
Cabre
West
Toledo
Stor
Wilbert Success
Blocan’ Star
Yank Intermountain
Seraten
Varney
San Francisco
Tia
Atlanta
Ta & Norcrosa
Nevada
S Queen
Monarch-Pitts
Maccamara North Star
Tonopah Erie West End
Pitts
Nevada Hills
Mountain
Salt Lake
Webber & Co
Paine, Atta Consolidated
Albion Atta
Bingham
Columbus
Crown Point
Oaly
Daly-Judge
Emma Copper
Gala
Grand Central
THE
Heilbronner Co
Hutton
Granite Sts
Samec Garnes
King Butte-Hallaklava
Hullwhacker & Lacorn Sutte Nutte Buttesn
Black Friday
Davi-Daly
East Butte E Highland
Goldfield
Montana Fire Interno
Paul One Keating Reindeer Queen
Rocher
de Boyle
Stewart
Tuolumne
Alameda
Ajax
Barnes
King Butte
Ballaklava
Bullwhacker
Tutte &Cop
Zinc Butte
Great Butte
Hutte
London Butte
Zenith Butte
Arizona
James
Copper Davis
Daly East Butte
Inone Sound
Three Forks
Portland Cement
Rocky Mount
Franklin Ohio
United Verde
Heilbronner Company
Lauzier-Wolcott Company
East Broadway
Butte, Mont
Butte-Bullwhacker
Tite
Butte &York
But Rocher Ae
Toute
Ono
Douglas
Elk Basin
Farrell
Gertie
Independence
Hassel
Minnpapolis
Wall Street Close
Lake
Ka Salle
Mason
Niey
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Miami Copper
Mohawie New
Consolidated
I Nipissing
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Old Colony
Old Dominion Beis Osceolac
Pond Creek
Quincy
Ray Consolidated
Swift Company
Santa Fe Shannon
Santa Fe Shannon Aa Shattuck A
Superior
Trinity
Utah Copper
Utah Apex Rh Mining
Wolverine
Amer
American Sugar
Belmont
American Telephone
Rauie& Tinobolt
Howton
Anda Copper
Hegolea i
Laconi
Pintiners’ Securition Ee Davie-Diy
Kerr Lake
Marin Pea
Keweenaw
Kansas Cty
Southern & Ta
Ross
Magesti Eo Toursville & Nashville
McKinley-Darrah Es
Mexican Petroleum
Missouri Pacific
Pat Butte
Evada Doukas National
Cornelia
Central
Orth
Lake Me
Hartland
Osibway
Orfale & ‘Western
Promt
Sharini
Pennsylvas Riker-Heweman
Readine
South Lake
Southern Railway
Stewart i
Btudebaker Company
Succes
Mt Aveknessee Copper
Ronopal Cova
TM Trenas Company
United Verde Bix
Union Pacific
Rah
Wabash
Western Union
Ae Westinghouse Electric O
Hellbronner Co
Kington & Montana
Ton & Ely
Edonia
Wit
Yeonara
Goranela Meriger
Howe
Blossom
Tvanhoe
Feroine Verde
Kewanas & Fy Oy
Kerr
Magma
Mines of America
Majestic Copper
New
Cornell U
Ohio Copper
Wart Om Success South Lake Titterling
Amne
Paine, Webber
Anaconda Amer Fine Sa
Alaska
Raventure
Arcadian Aliones
Avia A
Crosby
Une
Level
Butte Land and Investment CO
Granite St
Spoane Exchange
Idaho-Montana Investment Co
Anneywatark Ave
West Granite
Montana _Reliance Gold Mines
Southern
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