What Is Wrong With the Coppers
Editor notes a prolonged slide in copper shares on the Boston Stock Exchange. The piece argues for better publicity by copper mining managers and proposes a mining bureau structure to protect investors, citing Granby North Butte and Calumet & Arizona as examples and forecasting further analyses in future installments.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Boston
Granby
Utah Consolidated
North
Market declines grip copper and industrial stocks in Boston
The Boston Market reports a broad stock selloff led by Amalgamated and North Butte. Prices slipped across copper and industrial issues with Utah Consolidated cited as a painful lesson for investors. Steel common fell most, trading 141 shares down to 7 1/4, closing at 7 1/4. Telephone also eased to 1 3/4.
MENTIONED IN THIS ARTICLE
Amalgamated
North Butte
New York
Utah Consolidated
Market Barometer Shows Local Curb Declines
Recession in markets reflected on Bay State Gas Rhode Island Coal Rawhide Mining Majestic and Laramie with declines from 39 to 35 cents 22 3 4 to 21 7 8 and more. Trading remained broad and active throughout the session with full curb list details provided.
MENTIONED IN THIS ARTICLE
Bay State
China
Rhode Island
Majestic
Laramie
Sharp recessions in late trading on stock lists
Total sales in New York 714300 and Boston 41814. Most active issue in New York steel common 191300 shares and in Boston steel common 8641. Cumulative 1910 to date New York 157627600 and Boston 9656122 shares. Compared with last year New York 202377100 and Boston 13923135. Notable moves include Brooklyn Union Gas up to 133 in New York and Calumet & Hecla down to 535 in Boston. Call money and time money figures shown for New York and Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Brooklyn Union Gas
Pfd
St. Mary's Land
Calumet & Hecla
Market ends weak after day of erratic trading
After a slow start the market turned very active and weak in the final hour, erasing 2 to 3 points in many issues. Yet last hour volume nearly matched the first hour, with brokers bearish as pools still hold stocks and concerns rise over continued decline despite the President's message. Company stockholders will receive 11,700,000 dollars, or 58.50 per share, with a 1 dollar dividend payable from a 200,000 dollar distribution.
American Woolen pays 134 percent dividend to date
The company has paid shareholders a total of 21,700,000 since organization, equal to 82.25 per share, surpassing the original issue by 1,700,000. East Butte ore shipments for the week ending Nov 27 1947 totaled 1971 tons with 5.5 percent copper, including 1295 tons of first class ore at 6.9 percent. Chandler Bros. & Co. of 24 Milk Street issue a circular on Republic Iron & Steel. Calumet & Arizona declares a 1 dividend.
MENTIONED IN THIS ARTICLE
American Woolen
East Butte
Chandler Bros. & Co
Milk Street
Republc Iron & Steel Company
Superior and Boston Copper report bullish mine condition
The fourth annual report for the Superior and Boston Copper Company shows improved finances with a year ending Sept 30, 1910. Balance sheets list cash and receivables, a reduced liability, and a sizable loan to fund continued sinking of the McGaw shaft toward the 10th level while awaiting ore reserve blocking and shipment resumption.
MENTIONED IN THIS ARTICLE
Superior
Boston
Superior & Boston Copper Company
Ccue
Rice
McGaw
Paine, Webber & Co
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Wall Street
Investment Securities
Foreign Exchange Letters OF Credit
Baring Brothers & Co., Ltd
London
New England
Utah
North Tutte
Calumet & Arizona Atten
Granby Consolidated
Union Central
Elmer E. Silver
Salt Lake
Ariz Danger
Amer Tobacco
Butte Coalition
ATS New British Columbia Bray, Aly
Chicago Subway
Obalt Central
Ariz
Ely Central
Giroux
Direene Cananea
Kerr Lake
Miami
Yukon
Charles A. Stoneham & Co
State Street
Carisa
Cedar Telisman
Columbus
Crown Point
Grand Central Tower
Sharon Blossom
Marmoth
Mountain
Mason Valley
Hills
Chicago
Jan Stereees
Jan Weeee
Call Money
Asia
Boston Clearings
Bankers’ Sterling
Commercal
Frances Teen
Reichsmarks Ee
Ask Les
Ata Asees
Ang
Steen Ees
Jan
Total
I & SI
UCKS
Atchison
Albany
Troy U
Pitchbury
Owl Colony
Union Pav
Mass
West End
Allouez
Arizona
Buxi Oort
Sao
Franklin Lu
Stanley
Greene
la Salle
Michigan
Nipissing
Nevada
Old Colony
Sog US
Dominion
Shannon
Victoria
Winona
Wolverine
Wyandot
Georgia
Pullman Co
Torrington
United Fruitee Oe
United Shoe M
S Steel
Algomah
Ean
Gulf Pt
Boston Corbin
Indiana
Isle Royale
North Lake
Oe Kay Consol Ae
Sup & Bos
Cr Super & Pitts
Swift & Co
Utah Apex
Almeek
Amal Peate
Ariz Cananea
Ariz Mines
Bay State Ga
Black Mountain
Bohemia Sartee
Bay
Boston Ely
Butte & London
MD Cal & Corbin
OSC Chino
Sane
Cortez Os
Crown Reserve
Davis Daly
Ghandler Bros
Bankers
Milk St
New York Stock Exchange
Philadelphia Stock Exchange
Chicago Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
William E. Soule
Calumet & Arizona
Western Electric Company
the Merchants Loan and Trust Company
American Telephone & Telegraph Co
Western Electric Co
United States
Hocking Valley R. R. Co
American Woolen Company
Intercontinental Rubber Company
Goldfield
Humboldt
Mackinaw
McKinley
Oneco
Raven
Ray Central
South Lake
Houghton Office
Eiy Central Copper
F. L. Milliken & Co, Ee Ee
Atchison Quincy Mining
R. CG. Atham
Broadway
N. Y
Consolidated Stock Exchange of
J. H. McMurray
Herrick-Kerin Investment Co
Ely, Nev
Old Dominion Company of
Maine
American Beet Sugar Company
Broad Street
Pennsylvania American Beet Sugar Co
United Fruit
Champion
Gas
First National
Richard J. Burton & Co
Congress St
A. H. MacKenzie & CO
State St
Jamaica
North Am
Oxford Linen C
Dover Whit Marble
United Sea
Andersen Coa
Butte Central Coyper
Apene al Acee Ag Semirtty
Rogers Unika
State