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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 31, 1911
Page
5
The piece argues mergers among key copper interests do not imply monopoly and suggests government action could fix prices. It notes the Sherman act's rigidity before Standard Oil and discusses benefits of a stable copper price for both producers and consumers, with emphasis on national resource conservation.
L. H. Nunn of Salt Lake City, general manager of Telluride Power, must appear in the federal court here to defend a suit by bondholder Fred F. Stelemeyer alleging misapplication of more than 500000 of company funds. Service was attempted in Utah but obtained in Colorado after Nunn was traced aboard a Union Pacific train.
Memorial day holiday disrupted plans to release Bert Connors A H Maple and Ira Bender who were indicted by a grand jury for allegedly attempting to blow up the county hall of records with dynamite last September. Judge Boniwell set bonds at 35000 each and union labor offices said bonding arrangements would be made tomorrow despite likely opposition from the district attorney.
A calfskin baby shoe set arrived in Lexington Missouri from Missouri and was consigned to Col. C. H. Merrill, a Confederate veteran. A letter with the Merrill family stated shoes had been worn by over 250 infants nationwide and urged their use within the Merrill family until worn out or extinct.
President Taft will stay in Beverly for summer hosting unless Congress designates and funds an official summer White House. In a letter to Governor Eberhart he declines Wayzata Lake Minnetonka offer, noting only Congress can authorize an official summer White House. It is conceded lawmakers from one state may resist another’s cooler nights.
John M Ward of Buffalo applied for admission to an insanity division hospital in San Francisco claiming memory loss after unknown travel from Dut trip to Beatie and fear of harming himself or others. officials noted no admission without a compelling insanity charge.
Berlin reports Maya-Cloudbursts with heavy rain sweeping villages in the grand duchy of Haden and near Heidelberg. Twelve people drowned in a village flood. four more near Heidelberg as a mill was washed away. Eight inches of rain across southern areas wrecked crops and harmed wildlife.
Samuel Bogart vice president of United Wirs Telegraph pleaded guilty to fraudulent use of the malig in advance of live associates. He paid 2500 and was freed. Christopher Columbus Wilson and four others are jailed. Court denied bail and sentenced them to prison terms. Naval experts note torpedo darts as a key modern weapon. The Navy will open bids on August 7 for eight larger destroyers.
A weekly copper letter notes stronger and more active copper with 12 percent price rise and 1 percent electrolytic price moves. Domestic buyers and foreign interests renew purchases while tax promises rise in May. Prospects for a revival hinge on shrinking world copper surpluses and potential renewal of the quota agreement. Inside buying supports talk of a merger among major producers, signaling a bullish copper market ahead. Investors urged to buy on every inward pull and hold for higher prices in the next months, with Amalgamated cited as a leadership strength indicator.
Noted site near Pony titled Potoa Spring reopens under new management Hixfest offers fine tables baths and good fishing near the hotel. For details call Dave Box at telephone Vory Mont.
Insider interest hangs on Amalgamated as Anaconda’s 113,500 share swap for Clack properties signals price leverage. Analysts expect Amalgamated to rise with Anaconda and urge buying on small dips while tracking copper sector developments and East Butte and Giroux prospects. Nevada Consolidated copper output supports dividends and potential earnings growth.
Pittsburg War May 20 W Tampon Crites was today found guilty of second degree murder in the death of his wife after a quarrel. The jury was out 94 hours. Bre died within 30 minutes. Defense said he could not remember whether he fired the shot. Annual election notices mix with unrelated union meeting details and local ads.
Washington reports senators did not work today as the House also held a brief session. An agreement defers full action until Friday with Democrats aiming to regroup after turkey break. House and Senate leaders plan further sessions and committee work upon reconvening.
New York May 30 A woman’s body was found in a bath tub of a vacant flat, half covered. Police identified her as 22 year old Mrs Howry Hehinh, wife of a chauffeur. Her husband was arrested today.
London reports Rosa Tint Ludlow MP presses Prime Minister on arbitration terms as Grey faces renewed questioning in the House of Commons. Critics warn of continued delays and possible political consequences while debating the merits and risks of a wider accord.
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