Stock Prices See Small Net Changes Amid Pre Election Uncertainty
Prices moved little on New York and Boston exchanges with total volume near 500,000 shares. Steel, Reading, and Union Pacific led activity while copper shares softened despite a predicted August surplus fall. Analysts foresee lower unfilled orders and a potential drop in living costs if distribution cuts match production cuts.
MENTIONED IN THIS ARTICLE
Union Pacific
Steel
Reading
Copper Producers’ Association
United States
Chicago
Commerce Commission
Michigan
October Copper Producers Assn Report Shows Stock Decline
The Copper Producers Association reports October surplus stocks fell by 9,631,800 pounds while October production reached 126,469,284 pounds, up from September. Domestic deliveries totaled 67,814,172 pounds and exports 68,186,912 pounds. World visible copper supply on Nov 1 stood at 939,327,194 pounds, down since Oct 1. Osborne Howes joins Bartlett Brothers & Co. Shipments from Cobalt camp totaled 803 tons across multiple mines. Boston Curb Exchange sees Bryant and Snell elected to executive committee terms.
MENTIONED IN THIS ARTICLE
Copper Producers’ Association
United States
Conocess
Boston Curb Exchange
Frederick F. Bryant
George A. Snell, Jr
Norman H. Griffiths
the Exchange
Dividends Declared by Several Firms This Quarter
Northern Texas Electric Co. declares quarterly dividends of $1.25 on common stock for the period ending Dec. 1 with a record date of Nov. 21. Ashton Valve Co. announces a quarterly dividend of 1.5 percent with a record date of Nov. 1 and payment on Nov. 15. Chicago Telephone Co. sets a 2 percent quarterly dividend payable Dec. 31 to holders of record on Dec. 28.
MENTIONED IN THIS ARTICLE
Northern Texas Electric Co
Ashton Valve Co
Chicago Telephone Co
Local market shows irregular upturn with Granby gains
Stock traders saw uneven moves led by Granby East Butte and Calumet Arizona. Granby rose as buyers eyed new property value while East Butte climbed on ore value news and under nine cent copper costs. Calumet Arizona Amalgamated and North Butte posted small gains as Steel common American Telephone and Massachusetts Gas dominated attention.
MENTIONED IN THIS ARTICLE
Granby
East Butte
Calumet & Arizona
Amalgamated
North Butte
Steel Common
American Telephone
Massachus Gas Common
Public pamphlet offer and assorted items for sale
Facts about pamphlet containing engineer's report assays etc will be mailed free on request Whitney Watson Co Doane Street Anted 100 U Tighting Goo Kmage Rogers Unika Wheel Sporting Trans 5000 Auticrriction R B 1000 Ohio Cop bonds For sale 495 Standard gamated common James Shay Co Go State at For sale 100 No Am Rubber 5000 Prov Bp Jeane aes R B 1900 Cranston a Cons TN Mg od
MENTIONED IN THIS ARTICLE
Whitney, Watson & CO
Doane Street
Sporting & Trans
R. B
Ohio
James Shay & CO
GO State
Jeane Aes R
Heinze Says Ohio Copper Financing Secured For Dec Use
F Augustus Heinze announces to Ohio Copper Co that financing is secured for use within 60 days. Granby operates six furnaces smelting about 3000 tons daily. completion of remaining two furnaces expected by early December. East Butte mined 1840 tons ore last week at ~5 percent copper, with 835 tons from development. District court restraining order sought by Ely Central Copper against Nevada Consolidated over open cuts impacting ore trains. bond not yet posted, operations continue. Anaconda Copper Mining Co expands by purchasing multiple mining properties including Emily, Millview, Polly, Torrid, Tropic, Maud, May, Sioux Chief, and Old Glory. Lovell of Thompson Towle & Co elected to Boston Stock Exchange. Lake Copper Company shows 6% stockholders with subscriptions for new stock. payment due Nov 21. Ojibway copper ground at Nos 1 shaft levels A drift planned at 360 level.
MENTIONED IN THIS ARTICLE
Boston
West
Ny&nh
UN Ac
Vt & Mass
Elm River
Nevada
Old Dominion Wee
Parrott Et Ewwree
Shannon
Amoskeag
Pullman Co
Reece But Hole
Seattle Elec
Wee
Torrington Pf
Aie
United Fruit Oe
United SM
Us Steel Sree
Algomab
Butte Ballakeee
East Butte
Hancock
Amer Tobacco
British Columbia
Cobalt Central
Ely Central
Ely
Kerr Lake
Op Ae
Miami
Ney Utah Ma
Nipissing
Ray Central
T&t
Union Mines
Ohio
Pacc &S
Evans & TH
Fed
M & Ie
Goldfield County
Town Central
Long Island
Louis Nash
K . Tees
Nh&rh
Nor & West
Nor Pac
Penn
R & SL
Pitts Coal
Ercevesell
Union Pactte
de Peerrs
Maryland
Westinghouse
Wis Central
Thompson, Towle « Co
Ely Central Copper Company
District Court
Reno
Nevada Consolidated
Copper Flat
Ely Central Company
Eureka
Clipper
Anaconda Copper ‘Mining Company
Larkey
Emily
Millview
Badger State
Polly
Torrid
Tropic
Maud
May
Tuolumne
Anaconda
Old Glory
J. Banton Leggett
The
Lake Copper Company
Bond Market Notes and Corporate Debt Moves
Wayland awards 26000 four percent school bonds dated November 1 1910 to Estabrook Co at 102 71 maturing 1000 annually 1911 1930. Tennessee Copper calls meeting November 18 Jersey City to authorize 1 500 000 six percent gold bonds with existing 350 000 first mortgage six percent bonds and 600 000 six percent notes. Dominion Steel Corporation Limited issues 1 500 000 five percent five year debentures to fund cash payments on treasury holdings of merged steel and coal stocks. merger terms permit quarterly cash per share payments totalling 34 424 500 shares.
MENTIONED IN THIS ARTICLE
Wayland
Estabrook & Co
Tennessee Copper Company
Jersey City
Dominion Steel Corporation, Ltd
Dominion Iron & Steel
Dominion Coal Companies
Curb Market Highlights Prices Across Copper Coal Gems
Yesterday's curb market featured Raven Copper at 60 to 64 cents and Calaveras around $3, with Ohio Copper near $2. Majestic Mackinaw Arizona Mines and Rhode Island Coal also noted. Fluctuations of the entire curb set are presented in detail.
Vogelstein on the Spelter Situation
Director Vogelstein of American Zinc, Lead and Smelting probes zinc smelters use about 60,000 retorts with little room for growth due to gas shortages. He cites shelter production estimates of 200,000 to 225,000 tons annually and notes more plants exist now, keeping demand high and suggesting prices may rise to six cents per pound in the near future.
MENTIONED IN THIS ARTICLE
Vogelstein
American Zinc, Lead and Smelting Company
East St. Louis
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William E. Soule
Aes
Sain
Steenwaee
Assa
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Boston Stock Exchange
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