Lake Copper prospects and stock value teased in depth
Lake Copper is analyzed as an amygdaloid with Knowlton and Lake lodes on an 800 acre Michigan property. Despite a high 1910‑era hype, dividends remain uncertain as production lags. current plan centers on opening the mine with a new shaft, hoist, and compressor to reach 700 tons daily and about five million pounds of annual copper, informing asset per share estimates across copper prices and costs.
MENTIONED IN THIS ARTICLE
Gome
Lake Copper
Calumet & Hecla
New England
Lake
Ahmeex
Wolverine
Superior
Lakes
Lake Copper Company
The
Knowlton
Michigan
Knowlton Lode
Lake Lode
Tsikiec
Ets Esesecces
Stocks Advance Sharply in New York and Boston Markets
Total sales in New York reached 249 600 shares and Boston 18 011. Am. Tel. & Tel. led Boston activity with 1784 shares while Manhattan rose five points to 140, and Calumet & Hecla gained five to 445. The market closed firm with irregular price movement. call money in New York 23.5 percent, Boston 234 to 3 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Am. Tel. & Tel
Manhattan
People’s Gas
Calumet & Hecla
Wolverine Mining
United Fruit
Amalgamated and
Giroux
Boston Market Stock and Bond Market Update
The Boston Market reports the latest stock and bond price moves, total sales, and comparisons to the previous close, outlining the day’s market activity and shifts in prices across instruments.
MENTIONED IN THIS ARTICLE
Boston
Bonds Sold Out and New Auction Bids Opened
N W Harris & Co reports all five million Chicago Railways bonds sold. Melrose Mass invites bids by noon July 21 for forty five thousand four percent auditorium bonds dated July 1 1911 and payable in annual installments through 1931. Philadelphia has sold its nine million two hundred seventy five thousand bond issue with last purchase by George H Earle of five hundred thousand dollars. Belmont Mass offers fifteen thousand four percent bonds on July 20 with bids for five thousand dollars accepted.
MENTIONED IN THIS ARTICLE
N. W. Harris & Co., Inc
Chicago Railways Company
Melrose
Mass
Philadelphia
Penn
George H. Earle
Belmont
Market advances on heavy rains lift stocks amid grain drop
Trading rose sharply as weather reports boosted stock sentiment while grain options fell. Canadian Pacific reached new highs with daily records for months, and Interborough Met preferred plus Manhattan rose on a city guarantees deal. American Car & Foundry advanced, American Cotton Oil closed flat, and American Telephone slipped on rights-related selling.
MENTIONED IN THIS ARTICLE
Canadian Pacific
New York
Interborough Metropolitan
Manhattan
Shorts
Wall Street
Interborough Securities
American Car & Foundry
Local Market Opens Quietly with Select Stock Activity
The market shows little movement with Telephone stock and rights leading activity as small holders sell rights but find buyers. East Boston Land gains to 11 1/2 after a dormant period, aided by the $9 million harbor bill. Massachusetts Gas holds near 94 1/4 amid low volume, while New England Gas & Coke earnings rise about 22 percent. Copper shares firm, and Calumet & Hecla reports deep ore extension hinting at a potential new mine gains.
MENTIONED IN THIS ARTICLE
Boston
Bos & Worst
Pullman Co A
Reece
Hole
Seattle
Elec
Swift & Co
United Fruit Oe el
United Shoe Mace
Ss Steel
Am Ag Chem
Giroux Nes
East Boston
Massachusetts Gas Common
New England Gas & Coke Company
Massachusetts Gas Companies
Houghton
Thompson, Towle & Co
Calumet & Helea
Hecla
Copper stocks show mixed trading on exchange notes
Yesterday on the local stock exchange copper shares moved with Calumet & Hecla at 442 to 449 and Lake at 86 to 37 while North Butte was quiet. Calumet & Hecla plans to pay surplus funds, St Louis Copper Levying a 2.50 assessment with 1.50 due August 3 and 1 due November 1 to sink a shaft. Brooklyn Rapid Transit may finance new subways via first mortgage bonds, not refunding bonds, aiding stock and bonds if contracts come, Guggenheims to take Ohio Copper bonds for long smelting contracts at Garfield plant.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Lake
North Butte
Calumet & Helca
St. Louis Copper Company
St. Louis
Calumet
Brooklyn Rapid Transit Company
Subway Committee
Board of Estimate and Public Service Commission
Guggenheims
Ohio Copper Company
Garfield
The
Ohio Com
Grandler Bros& Gr
Milk Street
Boston
Maas
Adams Express
Chalmers
Wss
Am Ag
Albany & Susq
Amrel & Telcony
Lo Col Trust
Yerrica
Tobecco
Grater
Armour
Ateh & S
Amer
Atlanta Knox & Cin
Bethlehem Steel
Bklyn
Sea
Calif Gas & Elee
Vermont
BR E
Spa
Ches & Ohio
Chicago
R & Light
Colo Fuel & Iron
Co & So
Erie
Inter
King Co
Lt & P
Nassau
Nh&h
Ney
St LI M & Sou &R
St L & & F Fund
St Paul Terminal
St P M & M
San An & Ar
Seaboard A L Adj
San Pacific Refand Nee
Oe Ae
Memphis
Sou Ry
Mobile & O
Ulster & del
Union Pac
Lake Copper Company Development and Prospects
The Lake Copper Company advances development across all levels with a new shaft holed to surface and 125 workers at present. Shipments may begin late this year or early 1912, with management optimistic about long term profitability only after reaching around 700 tons monthly and sustainability at 1900 tons daily, despite high initial costs and prior Osceola experience. Lake remains a substantial prospect for investors if production and costs align.
MENTIONED IN THIS ARTICLE
William A. Paine
Lake
I Tt
Lake Coppe
Boston curb market shows active trading in Amalgamated Nevada
Local curb stock followers witnessed lively action with 34 860 shares traded and Amalgamated Nevada peaking at 16 cents. Lion Hill advanced from 50 to 54 cents and closed at 54, with strong demand noted for the stock. Porcupine Northern and Porcupine Central remained conspicuously active and firm as fluctuations for each issue were listed.
MENTIONED IN THIS ARTICLE
Amalgamated Nevada
Lion Hill
Porcupine Northern
Porcupine Central
Nevada
Bay State Gas
Butte Central
Calaveras
Arizona
Cortez Eee Wen
Hollinger
Zean
Eser
United Verde
Dividends Declared by Several Companies This Summer
Provident Institution for Savings announces a semi annual dividend of 3 percent with payment on July 20. Western Telephone and Telegraph Company declares a semi annual dividend of 2 1 2 percent on preferred stock with record date July 20 and payment August 1. Luther Manufacturing Company sets quarterly dividend at 1 1 2 percent with record date July 17 and payment August 1. Julius Kayser & Co. issues initial quarterly dividends of 1 3 4 percent on first preferred and 18 4 percent on second preferred, both due August 1. J. G. Brill Company posts a quarterly 1 3 4 percent preferred dividend with August 1, and notes books close July 27 reopen August 1.
MENTIONED IN THIS ARTICLE
J. G. Brill Company
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Eee
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Ene
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Iss
William E. Soule
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Aslows
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Houmean
International Trust
MARRILL A. _ SMITH
E. Jacobs & Ca
St. Tel
Ft. H
ALE
United
Bsionwealth Ave. Trust
Island
Iaica Cons
Pacuseaan
Boston-Idaho
ES Shay & Co
GO State
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