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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

May 28, 1912

Page

24

Georgetown Mining Stock Offer Promises Rapid Gains

The Butte and Anaconda Consolidated Mining and Milling company seeks subscribers for 50 000 shares at 15 cents each with a predicted rise to 2 cents. Owning 10 claims, the firm plans ore shipments to Anaconda smelter once roads are improved and a mill will be built as funds allow. Contact offices in Anaconda for details.

Butte & Anaconda Consolidated Mining and Milling Company Treasury Anaconda Asre Durston Building Seco State Savings Bank

Eastern market stocks slide amid cautious trading spread

Stocks on the eastern exchanges declined with fractional losses as Amalgamated and other names softened, while the upcoming annual report promises profits around five million dollars. Traders weigh court decisions and holiday effects as they anticipate higher prices and potential dividend actions.

Amalgamated

Portland Livestock Market Report May 27 Portl and Ore

Cattle receipts 300 market steady choice steers 6.85 7.25 good steers 6.50 6.85 choice cows 6 6.25 good cows 5.50 6 medium cows 5 5.50 choice calves 7 7.25 heavy calves 6 6.50 bulls 8 5.50 stags 6.35. Hogs receipts 500 market steady light 7.50 8 heavy 6 7. Sheep receipts 500 market steady yearlings 4 5 wethers 4 4.75 ewes 2.70 4 spring lambs 5 6.75.

Portland Ore

Wheat and grain prices report from Minneapolis market

Minneapolis market notes May 27 show close prices for May wheat at 1.12 percent, July at 1.125 gold, and September at 1.04 percent. Cash bids list No. 1 hard at 1.14 percent, No. 1 northern at 1.14 percent, No. 2 northern at 1.124 percent, No. 3 wheat at 1.108 percent. Flax at 2.23 percent, Barley at 0c 1.20, Corn No. 3 yellow 75 to 76 cents, Oats No. 3 white unknown, Lye No. 2 at 85 cents.

Minneapolis

Interest Paid on Savings Accounts at Silver Bow Bank

Silver Bow National Bank of Butte reports interest paid on savings accounts, detailing rates, compounding terms, and minimum balances. The notice outlines how customers earn interest and any applicable disclosures or changes in rate structure.

Silver Bow National Bank of Butte

East Butte Copper Mines Hit Record April Output

Robert H. Gross of Mast Butte Copper Mining returns from Butte praising conditions and record output. April production reached 1,590,000 pounds copper at 15.75 to 15.85 cents per pound with ore averaging 6.13 percent copper. Plans include enlarging furnaces to double capacity, boosting profits and enabling debt elimination from earnings within a year. Directors to meet soon to discuss action and dividends for stockholders.

Robert H. Gross Mast Butte Copper Mining Company Boston Butte East Butte

Copper and lead prices in New York market report

In New York on May 7 Standard copper quotes ranged from 16.10 to 16.50 cents with July and August shipments. Spot sales totaled 2 and a half thousand tons for July at roughly 16.87 cents. Arrivals today were 320 tons. customs show 27 thousand 450 tons exported this month. Lead steadied near 4.15 to 4.21 cents in New York and 4.10 to 4.20 cents in East St Louis. Spelter remained quiet around 6.89 to 6.99 cents in New York and 6.60 to 6.80 cents in East St. Louis.

Ask Alameda Barnes-King Butte Alex Scott Butte & Ely Butte-Milwaukee Montana Butte & Aadersburg Franklin Pilot-Butte Tuolumne Butte & Bacorn Butte & Elliston New York Butte & Superior Eareee Butte & Sup Davis-Daly A East Butte Keating Gold Krao Ohio Copper Ohio-Keating Uh Stewart Esrereere Tee Eeere Standard Custom House London Metal Exchange St. Louis East St. Louis

Money markets and rates steady in New York news

Money on call remained steady at 2% to 3% with a closing bid of 14% and 3% offered at 3%. Time loans eased with 60 days at 3%, 90 days at 3 3% and 6 months at 3%. Prime mercantile paper quoted 4 to 4 1/4%. Sterling exchange firm, bank bills active. Government bonds firm, railroad bonds easy. Finlen hotel mission room breakfast specials noted.

New York Prime Mercantile Sterling Exchange

Revival effort eyed for Butte Copper with new directors

Reports from Butte Nevada include a push to revive the Butte Copper company led by stockholders James H. Rowe B J Keenan and R L Nhale with a special stockholders meeting set for noon on June 8. Superintendent R M Atwater details April ore development at Butte Superior and adjacent properties noting rising ore with high zinc and silver and plans to push development from the 800 to 700 levels. An ore stockpile grows to about 17 400 tons with 14 000 tons added in April and preparations for milling during hoist and head frame construction.

Butte Copper Company E. H. Sherman James H. Rowe B. J. Keenan R. L. Nhale Mr. Rowe R. M. Atwater Butte & Superior Four Johns West End Milwaukee

Old Common 10 Gets Two Millions in Secret Profits

Supreme Court affirms Massachusetts judgment ordering Albert Bigelow to pay Old Dominion Copper Mining and Smelting Co 2.1 million dollars for secret promoters profits. Case centers on Bigelow and Leonard Lewisohn profiting while holding company stock, then selling to the firm as innocent stockholders later.

Washington Supreme Court Massachusetts Albert Bigelow Boston Old Dominion Copper Mining and Smelting Company Leonard Lewisohn New York Lewisohn United States Supreme Court Lurton Supreme Court of the United States Ola Dominion Company

Also Mentioned on This Page

Jeweler and Optician North Main Street Bunsen C.B. Hoskins & CO Druggists North Main St Clerke Georgetown Marans Supply CO South Main Williams Williams Manufacturing Co Cleveland Ohio Paxson & Rockefeller Co Report OF Root Chicago Loran & RE Bryan Dougt Pavina Consolidated Gas People's Gas Logan & Bryan New Jersey New York Traction Calumet & Arizona Butte Mining Stock Exchange Portland Livestock United States Depository Gross Enthusiast Metal Market Money Market Finlen Hotel Mission Room Globe Jewelry CO East Park Street D. W. Brodie Ely Giroux Company Steptoe McGill Nevada Consolidated Butte & Ely Copper Company Liberty Copper Mines Company Butcher Bay Group of Nevada Consolidated Company Nevada Northern Coppermines Aso Ely Consolidated and Smokey Development Company Morris Utah Line Nevada Piazzola Beth Chattanooga Road Comfort THE Coca-Cola CO Atlanta, GA Coca-Cola Federal Supreme Court OF Mining A.C.M. Hardware House Quartz ED Rose Butte, Mont DR. Lamb West Galena St
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