Copper Market Holds Steady Amid Rumors and Demand
Copper stocks show strong demand in Boston despite little price movement. Amalgamation rumors of Butte properties persist, denied by Amalgamated executives. New York and Boston commentary note bullish sentiment, with expectations of higher prices and continued active trading in copper, steel, and coal shares, supported by favorable bank reserves and industry optimism.
MENTIONED IN THIS ARTICLE
Boston
Amalgamated
Butte Properties
Painy ‘Etter
North Butte
Butte Coalition
Copper Range
Greene and Giroux
Osceola
Centennial and & Giroux
Centennial
East Butte
Logan & Bryan
New York
St. Paul
Vcoalers
Lehigh Valley
Berlin
Chesapeake & Olio
Mocking Valley
Harriman Roads
Steels
Copper and lead markets steady across major hubs
New York copper closed steady with spot and September at 2M LHe and October to December around 12.50. London copper firm with spot £9 0s and futures £59 17s 6d. Local lake copper about 13,250 and electrolytte near 12.7 MaMe. Lead unchanged at £12 15s in London. The Journal market quiet with spot around 4.24 in New York and 4.20 East St Louis. Spelter quiet at 7 05 New York and 5.50 Hast St. Louis. London market unchanged at Zu.
MENTIONED IN THIS ARTICLE
New York
London
East St. Louis
Spelter
St. Lou's
Butte Mining Stock Prices From Local Exchange
Snapshot of numerous mining stocks and prices from a Butte area exchange. Listings include Copper Eagle, Butte Copper, North Butte, Os Cable Consolidated, East Butte Extension, Belmont, Keating Gold, Nabob, and several others with bid and ask figures. Variables show wide trading activity and varied percentages.
MENTIONED IN THIS ARTICLE
Mayo, Sachs & Co
Eek
Wngo Pioneere
Marnes King
Butte
Alex Boott
Butte & Bacorn
Ur Butte Copper
Ae Butte & Milwaukee
Parvel
North Butte
Bouvemiy
Routhorm
CVO
Tuolumne
Alameda
Belmont
Reneeenener
Black Canyon
Butte Furnace
Lange
Butte & Ely
Butte & Arizona
North Franklin
Knowshoe
Stewart
Furnace Creek
Amalgamated Seeks Expanded Ely Copper Holdings
Amalgamated Copper backs John D. Ryan in a major expansion move as Thomas F. Cole exercises an option on the Butte & Ely stock and new acreage in the Ely district changes hands. The Cole-Ryan syndicate gains control of 1,340 acres, with Amalgamated influence dominant in the reorganized board and future low-cost copper production anticipated in Nevada.
MENTIONED IN THIS ARTICLE
New York
Cole and Fryan
Ely
Nevada
New York Mining Financial News
Ryan
Amalgamated Copper Company
Thomas F. Cole
Butte & Ely Mining Company
H. H. Rogers
Amalgamated Copper
United States
Amalgamated
Mr. Rogers
William Rockefeller
John D. Ryan
Cole-Ryan Syndicate
Mrockefeller
Butte Coalition
Calumet & Arizona
Chemung
Giroux Consolidated
Greene-Cananea
Keweenaw
North Butte
Ojibway
Superior & Pittsburg
Cole-Ryan
Rogers
Butte & Ely
Fly
Butte
William D. Thornton
Greene Consolidated Company
Arthur
Carson
Butte Coalition Companies
J. ©. Adams
Boston & Montana
Roy & Alley
John DD. Ryan
A. L. Longley
L. @. Evans
Thornton
Alley
Mr. Cole
Tex" Rickard
Ole Elliott
Rickard-Ely Group
Cole
Giroux Ely
Blackfoot Group
Consolidated Estate
Richard Ely
Boston Ely
Amalgamated Copper Plans
Dill
Rockefeller
Amalgamated Cope
Nevada Consolidated
Gireux Consolidated
Steptoe Valley
Great Washoe
Market Report New York Sept 20 1900s Rates Firm
Close: prime mercantile paper 4 4 5 per cent. Sterling exchange firm with actual business in bankers bills at 48 4 8 0 48 4 0 for 60 day bills at 48 6 1 5 for demand. Bar silver 5 0? Mexican dollars 4 Government bonds steady railroad bonds firm Money on call firm at 2 4 3 per cent. Ruling rate 3 per cent. Time loans dull and steady 69 days 3 4 4 per cent 90 days 4 per cent 6 months 4 per cent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
First Canning Factory Opens in Western Montana
Special dispatch reports the first canning factory in Western Montana is operating in Hamilton. Started last week by the Bitter Root stock farm on the Gilchrist ranch, it now preserves various Bitter Root valley products and is expected to expand into a large industry.
MENTIONED IN THIS ARTICLE
The
Standard
Hamilton
Montana
Gilchrist
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Fter
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Price
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Butte & Superior Eens
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Hamilton Street
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District of
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Washington
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Butte, Mont
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Nitro Club
Arrow
Repeater
Leader
A.C. M. Hardware House
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