Porphyry mining impact from Chino Copper to Morgan era
An editor's note introduces a series on leading securities and copper porphyry mining. It highlights Chino Copper and Utah Copper as pioneers, Morgan's entry into porphyry financing, and the revolutionary potential. Key points include a large ore reserve, high ore grade, wide vein width, and relatively small capitalization at 4 million against 64 million tons of ore in sight.
MENTIONED IN THIS ARTICLE
Morgan
Chino Copper
Utah Copper
Mr. Morgan
Utah
Chino Copper Company Plans 60 Million Pound Output
The Chino Copper Company, organized in Maine in 1909, inherits Santa Rita Mining in New Mexico. It aims to produce about 60,000,000 pounds of copper annually within two years, with reserves estimated at 60 million tons of ore grading 2.3 percent. A five unit mill can process 5,000 tons daily, projecting a 38 year mine life at current estimates.
MENTIONED IN THIS ARTICLE
Chino Copper Company
Maine
Santa Rita Mining Company
Santa Rita
New Mexico
State Street
China
China Porphyry Copper Prospects Boost Share Asset Value
The article analyzes China copper reserves of 60 million tons at 2.3 percent and projects per share asset values across reserves from 50 to 100 million tons. It notes porphyry mines offer clearer, better understood prospects than vein mines and could lift China’s copper shares in coming years.
MENTIONED IN THIS ARTICLE
China
Inaugurates Dividends Points in Yesterday's Markets
Greene Cananea reports dividend activity with total sales in New York 324 200 shares and Boston 33 831 shares. Reading was the most active New York issue at 100 400 shares while Mass Elec War frac led Boston with 5496 shares. Year to date sales show New York 7 122 000 and Boston 897 078 shares, versus last year's 8 143 400 and 387 972 shares respectively. Rutland pref topped gains in New York and Boston, while Minn. & St. L. and Wolverine Mining registered notable losses. Call and time money rates varied by city, with New York and Boston showing shifts.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Mass
Rutland Pref
Minn
St. L
Wolverine Mining
Ta Amalgamated Ceeee
Am Ag Chem
Arizona Comet
Gulf of Boston Corbin
Butte Ballak
Chino Eon
East Butte Eeeaee
South Utah Eenreee
Sup & Bos Eevee
Tuolumneee i
Utah Apex Eeeeene
Seattle
West T & T Ss
Bos & Albany
Bos & Maine
Bos
Rutland
Butte Coalition
Victoria
Winona
Georgia
Seeeer
Reece
Ti Rai
Caton Land
Seeuweter Shihies
Bteel Coscese
Eovevoorll
Algomah
Wanted List of Company Stock and Bonds by Name
A classified notice seeks specific rare stock and bonds including New Hampshire Electric and Great Northern Power 6s, Nevada California Power 6s, 1927 Sealshipt Oyster System, and Augusta Gas Light 5s, plus several other 5s issue securities and utilities bonds from 1918 to 1935. It requests purchase or trade details for these listed issues and related companies such as Central Maine Power, American Axe & Tool, Oneonta Light & Power, Eastport Water, Northwestern Power, Stafford Mills.
MENTIONED IN THIS ARTICLE
New Hampshire Electric Rw
Great Northern Pwr
Nevada-California
Pwr
Gas Light Co
Augusta
Central Maine Power Co
American Axe & Tool Co
Oneonta Light & Power
Eastport Water Co
Northwestern Power Co
Stafford Mills
New England Mills and Companies Named
A list of firms and insurers appears including American Glue com and pfd Union Twist Drill pfd Cabot Manufacturing Co Wamsutta Mills Contoocook Mills Manumet Mills Equitable Accident Co N E Investment Secs pfd Dartmouth Manufacturing com N E Casualty Co Pacific Mills.
MENTIONED IN THIS ARTICLE
American Glue
Union Twist Drill
Cabot Manufacturing Co
Wamsutta Mills
Contoocook Mills
Manumet Mills
Equitable Accident Co
N. E. Investment Sec
Dartmouth Manufacturing Com
N. E. Casualty Co
Pacific Mills
Market Dullness Persists Amid Pending Tariff News
Traders and public grow impatient as prices hold steady. steel stocks react to proposed tariff cut while Reading shows a quarterly dividend amid shorts wary of a possible stock dividend. A petition under the Sherman Act to challenge the AT and T and Western Union merger was filed with the attorney general.
MENTIONED IN THIS ARTICLE
Reading
Bears
Lehigh Valley
Lehigh
American Telephone Company
Telephone and Western Union
Telephone Company
Boston Curb Market Shifts With Active Trading Slugs
Curb market activity in Boston showed moderate volume with Rhode Island Coal Ohio Copper Davis Daly Porcu pine Northern and Bay State Gas among the leaders. Detailed fluctuations follow.
MENTIONED IN THIS ARTICLE
Rhode Island Coal
Ohio Copper
Davis Daly
Porcupine Northern
Bay State Gas
Greene-Cananea declares dividends. Corey joined board
The Greene-Cananea Company announces a 2 cent per share dividend payable March 1 for stock of record February 10. Subsidiaries Greene Consolidated Copper and Cananea Central Copper declare 60 cent per share dividends totaling 960000 dollars. William E. Corey elected as director, replacing James Hoatson. Utah Apex December results attract attention with net profits of 24085 dollars and gross income 585...
MENTIONED IN THIS ARTICLE
Greene-Cananea Company
Greene-Cananea
Greene Consolidated Copper Company
Cananea Central Copper Company
Greene-Consolidated
Greene-Cananea Treasury
Treasury
William E. Corey
Corey
Inspiration Consolidated
James Hoatson
Utah Apex
State Treasurer awards mass bonds to Day and Estabrook firms
State Treasurer Stevens issues 1.8 million dollars of Commonwealth serial bonds at 100 249 price to R L Day and Company and Estabrook and Company jointly. The tax exempt issue carries 12 percent coupon with terms as disclosed in the state filing.
MENTIONED IN THIS ARTICLE
Stevens
Commonwealth of Massachusetts
R. L. Day & Co
Estabrook &Co
Also Mentioned on This Page
Illinois Steel Company
United Sta Steel Corporation
Ihimele Steel Co
Eeeeveeeeerevenes
Eseeeereteeeeeene
Eeseeeseeorveeeas
Eeeeeteeneeees
Eeeeseeseseeeee
The
Chicago, Rock Island & Pacific Railway Company
U. S
New York Stock Exchange
Roberts Walker
Bankers Trust Co
Speyer & CO
New England
Blodget & CO
Kidder, Peabody & CO
Devonshire Street
Wall Street
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London
House of
E. H. Rollins & Sons
E. H. Rollins & Sons Investment Bonds
Chicago
Denver
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Tockin
State ST
William E. Soule
High Point
Seeren Ee
Seecese
lL.seeeee
Ocean
Parrot
East Butte
Room Or Inspiration
Arizona Commercial
Eing
Tamarack
Amalga
Hancock
Lake Copper
Superior
Allouez
Anaconda
Calumet & Arizona
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Copper Range
Rast Butte
Granb Y
Mohawk
North Butte
Old Dominion
Osceola
Quincy
Shannon
Utah Consolidated
Wolverine
Eeaerese
Eeerree
Eeeer
Teear Estes
Ar Newark Funds
Eeeee Boaton Clearing
Boston Paiancos
Mit
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Reese
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Amal
Nevada
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Bohemia
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Goldfield
Ohio
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Miami
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J. Thomas Reinhardt
Devon
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Newshire Street
York
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Toronto
Goldfields
Big Dome
Dome
Foley-O’ Brien
Porcupine Canada
Porcupine Imperial
Eeeseeesss
Sesssye
Preston East Dome
Rea Mines
West Dome
Salt Lake
Charles A. Stoneham & Co
Peer
Beok Tunnel
Colorado
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Demijohn Gold Chain
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Aliver King Cos
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Tincle Sam Sewn Reese
Massachusetts
Frank H. McCarthy
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Great Northern
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Nova Scotia
Temiskaming
Jan Creeeee
Jan Eee
Ereee
Wsccecves
Marconi
Chas. A. Stoneham & CO
Worcester
Oston
Springfield
Detroit
Wendee
H. A. Brown & CO
Broad
Devonshire St
Air Line
Oxford Linen
Cactus Copper
Brooklyn-Arizona
James Shay & Co
Lion Hill Consolidated Mines
Chas. A. Day & CO
Jamaica
GO State St
Boste