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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 28, 1908
Page
5
The market showed a small advance as prices moved higher on several issues, led by coal and copper plays. Traders noted steady if mixed activity with thin volumes but expectations of continued modest gains as investors awaited clearer signals from industry leaders and macro data.
Ohio Copper Co plans a major stock issue to finance mine expansion led by Anaconda era magnates. Proceeds aim to repay debt and fund working capital as Liverpool and Boston investors back the project. Mines at Movente and adjacent levels show widening ore bodies with improving crosscuts and deeper veins raising output prospects to several million pounds copper yearly.
The North Butte Extension Copper Mining company faces extended pay periods as a reorganization committee outlines stockholder questions and asset transfers. A meeting will elect officers and a board. stockholders press for clarity on ownership, payments, and the value of mining claims near Butte Montana, including the Black Crow and Occidental sites.
Copper traders report steep price rises as primary producers Paine Webber Co and Amalgamated Copper withhold January deliveries. New York interests foresee continued gains with strong overseas demand and record shipments from the western ports, while mills and traders push for prompt material to meet rising orders.
A garbled report describes a man and others at a carnival, mentioning a temperamental horse and a groom, with confused quotes about a freemakin being temperamental and possible misdeeds. Names and places appear distorted, leaving an unclear event but suggesting a chaotic incident at a carnival setting.
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