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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Sep 07, 1916

Page

10

Steel price soars to new high as market rally continues

Market report notes United States Steel closing at 101 for a new high, with Marine preferred rising and copper stocks leading gains. Newswire cites heavy trading in Crucible, Anaconda, and Marine while railroad labor tensions loom and Standard Oil planning extended influence. Overall market bullish, with insiders predicting further gains amidst a volatile railway and labor backdrop.

United States Steel New York Standard Oil Martine Company Morgan Utah Anaconda Chin J. F. Hutton & Co Wall Street Crucible and Baldwin Iona United States Congress

Market Fluctuations Amid Global Trade Surges

The report notes mixed stock activity with Marine and Bethlehem Steel lifting readings while railroads show weakness. A British ship sinking that saved 25 Americans sparked a temporary market overbuy. Broad optimism remains as investors anticipate large imports, profits, and a global push to speculate.

Record copper and silver output at East Butte in August

East Butte reported 1,849,120 pounds of copper and 49,449 ounces of silver in August, nearing the prior peak from July when 1,493,120 pounds of copper and 49,882 ounces of silver were produced. For Fast Butte, eight months of 1916 total copper reach 72,03,240 pounds, with 1915 annual copper at 12,600,000 pounds. The year’s monthly record sequence follows.

East Butte

Chicago Markets and Prices Rally on Big Export Purchases

Chicago markets show wheat futures firm after news of 4,160,000 bushels exported to Europe from U S and Canada. December wheat 1.54, May 1.55 1/2 dollars. corn and oats mixed with premiums for cash wheat reflecting urgent demand. Livestock in Chicago and Portland markets mixed with receipts varying by commodity. hogs unsettled yet strong, cattle and lamb prices steady to higher. Copper steady in New York, tin quoted steady, lead at 6.65 to 6.75.

Chicago Europe United States Canada Portland Ore Fough Metal Market New York Metal Exchange Spot St. Louis

September Dividends From Northwest Mines Detailed

Northwest mining firms issue September dividends totaling 602 dollars in payments plus regular disbursements. Consolidated Mining and Smelting of Canaan posts quarterly dividend 2 percent on paid capital totaling 240 thousand, with books closed Sept 12 to 14. Chinker Hill Sullivan at Kellogg Idaho issues a monthly 360 cent dividend, head office San Francisco reports 164,600. year to date 1,308,000 and overall total 18,081,300. Caledonia Mining at Kellogg pays 2 cents a share on 1916 677,340, grand total 9,? Hecla Mining at Burke Tahoe distributes 16 cents a share totaling 150,000, 1916 payments 1,100,000, grand total 4,865,000. Minneapolis grain report follows with wheat bids and cash prices.

Northwest Consolidated Trail British Columbia King Chinker Hill & Sullivan Iing Company Nilia Kellogg Idaho San Francisco Cal Antexica Caledonia, Mining Compan Caledonia Kelloge Mano Pala Heela Mining Company Burke, Taho

Markets listing bids and offers in Butte stocks

A partial stock list shows bids and asks across multiple issues and companies in Butte Montana. The notice invites readers to submit buying and selling orders via Lauzier-Wolcott Company at 51 F Broadway.

Alameda Alliance Butte & ‘Acorn Hutte & Fly Butte Carney Caledonia Davis-Daly Douglas East Butte Highland North Butte Great Butte Copper S. Succes Tuolumne Banking Corpora Ack King Bacorn Butte-Bullwhacker Butte & Ely Butte & New’ York Butte-Great. Falls Butte Main Range Carney Copper East Highland, Surprise Independence Rocher de Boule UR Lauzier - Wolcott Company Broadway Butte, Mont

Wall Street Close Gains Amid Feverish Trading

New York September 6 shares rose and fell in a feverish session led by Mercantile Marine United States Steel and Atlantic Gulf. Volume reached 1 375 000 shares with a late selling wave erasing gains. Steel topped 101 1 2 as Reading inched three points before a broad retreat. Total sales about 4 120 000. Bonds unchanged on call.

New York Mercantile Marines United States Steel Inspiration Copper Kelly Springheld Tire Atlantic Gulf and West Indies Timp Washington United States

Also Mentioned on This Page

Petroteam Inchinea Marine Fedian Mexican’ Petroleum Paine-Webber Shot Marine Heilbronner CO Erie Baltimore & Ohio Pennsylvania New York Central Lake Erie’ & Western Stock Exchange New York Bar Adi The Main Granite Butte & Bacorn Ivanhoe Iron Blossom N. Butte Jax Nabobse Ohio-Kéattne Stewart Success Toowmne United Baste Barnes-King Great Falls Butte & Bly London East Caledon Farrell Howe Sounds Jerome Verne Keating North Franklin Montana Ohio Mexican Petroleum Calfornia Petroleum Clare Portland Livestock Japan Butte Land and Investment CO West Granite Street Northwest Mines Minneapolis Grain Minneapolis Minn Silver Bow National Bank Federal Reserve Bank Savings Department U. S West Park Street John MacGinniss A. J. Bennett Aus Christie IF Pinsot AL. Wiicomb Zephin Job D. J. Pitagerald Wall Street Close Indiana Lake la Salle Massa Michigan Miart Copper Pissing Old Colony Gid Dominion Quincy Ray Cone Iea Swift Santa Fe Shannon Shattuck Mary Shoe Machinery Tamarack Trinky Oh Tuolumnea Cran Con Otan Copper Utan Apex S Mining Victoria American Car and’ Foundry American Locomotive Amer Wyandotte American Sugar Refining Noston Zine Leyd and Speiler Paine, Webber & Co Atchison Great Northern Arizona Coppermines Milinois Central Corte Interborough Consol Corp Davi Daly Inspiration Copper First National Ne International Harvester Fortuna Gotanela Kansas City Southern Goldfeld Kennecott Copper Helvetia Louisville Nashville Siceneiay Mexican Petroleum and Houghton “Copper Miami Copper Hollinger Missouri Kansas Texas Jerome Verde Latte Miaurt Pacific Kerr Lake Fontana Power Kennaway Ojibway Ray Consolidated Copper Onondaga Oneco Ee Republic Tron Steel Southern Pacific A Southern Railway Riker-Hegeman Studebaker Company S South Lake Tennessee Copper Aiecceeaee Superior & Henton Texan Company Miami Union Pacific Alco Westinghouse Electric Spokane Yorik Conn Lausler-Wolcott Co Heilbronner Ci Alaska Atlanta Boston Copper King Boston & Ely York Big Jim Uz Us Idora Hull Ry Callahan Intermountain Chile Lacledes Davis-Daly Paul Mbo Eniston Star Mines of America Gioid United Verde Bia Ahmed Algoman Allouen Ony Aris Commercial Boston & Superior Butte-Hallakla Calumet Calumet & Hecla Centennial Chino Ee Bay Daly-West U Franklin Granby Greene-Cananea Hancock Hedley Gold Inspiration Main Street Ord Sh Saad Nelson & CO Hamilton New York City Hoje Yegen Bros Buttemont Daly Bank and Trust Company of Anette RS. euNet W. Plage Issivtae Caealatane Ashlee Sables First National Bank of Butte Pernes Bank and Trust Company Burplus DinBeTonSow Mepowell Ee Carroll Padeny Thoma Emper Haries W. Vb. Ronick Jone David Maute Pavia J W. A. Clark W.a.clark & Brother Alex. J. Jornsto Hi Trangada Gafety J. Ross Clark Western Montana National Bank Missoula Mont United States Depository Wole YMA Sorpius Anaconda Copper Mining Company Bonner Idaho-Montana Inv. Co. Srokers
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