Copper stocks buoyant as Amalgamated leads New York market
New York trading opened with gains as professional buying covered shorts, aided by Amalgamated Copper strength. Domestic and London money markets shifted on Imperial Bank of Germany rate expectations, while copper producers' outlook propelled prices for Amalgamated and Superior amid broad market gains.
MENTIONED IN THIS ARTICLE
Butte Coalition
Quincy
Miami
Giroux
Steel
New
New York
Amalgamated
Guggenheim-Cole-Ryan
Calumet & Hecla
Superior
Lake
Allouez
North Butte
Centennial
Nevada Consolidated
Greene Cananea
Lake Copper
Joans
New York Sub-Treasury Articae
Ewaeaeen Eareaeeeeee 4.871% 4.83% Commetcire Icceeeaeeees
Copper and mining updates across quarter figures and ore finds
The Cumberland Ely Copper Company reports a quarterly total earnings of 119534 with dividends and accrued interest and labor details. Copper production reached 190472 pounds. British Columbia Copper Company posts monthly profits near 88500 with cost per pound at 8.8 cents. Stock exchanges show weekly shares: local 296120, New York 3762640. Nipissing Company employs 850 workers with vein 122 crosscut at 80 feet and ore in drift. first 97 feet yielded 107000 dollars in ore. Utah Apex Mining notes improved ore and mill conditions. Nipe Bay Company stockholders set December 8 meeting in Jersey City. stock transfer restrictions apply. Henry Melville resigns from New Dominion Copper. F L Sommer joins. Orem interests form Mason & Douglas Construction Company for Nevada Copper Belt railroad. Castle Valley Coal poised for curb-listing, targeting 1000 tons daily shipments before year-end. Gold shipments to South America total 2.05 million in various consignments.
MENTIONED IN THIS ARTICLE
Castle Valley Coal Company
Utah
Orem
Salt Lake
Utah Northern Railway
Ely Central Leads Boston Curb Market Fluctuations
The Boston curb market today saw Ely Central plunge from 4 to 11 2, then rally to 21 2 before closing weak at 17 8. Ely Consolidated climbed from 87 cents to 93 cents, Ely Union Copper and other Ely issues showed gains, and Rhode Island Coal advanced to 10 7 8 amid broad list fluctuations.
MENTIONED IN THIS ARTICLE
Boston
Ely Central
Ely
Ely Consolidated
Boston Ely
Cumberland Ely
Ely Witch
Union Copper
China
Rhode Island
Calendar for Today Books Open
Calendar items show meetings and openings for Northern Securities St Louis and San Francisco, Brooklyn Union Gas, and related corporate activities. The entries highlight sessions and openings across these firms in a compact daily schedule.
MENTIONED IN THIS ARTICLE
Northern Securities
St. Louis
San Francisco
Bond Market Notes Seaboard Air Line records large Norfolk mortgages
The Seaboard Air Line declares two Norfolk mortgage deals totaling 150 million dollars in the Norfolk County Court offices. One mortgage covers 26 million in five per cent 40 year bonds, the other 125 million in 50 year refunding bonds at four per cent. Miami Copper Company stockholders meet Nov 27 to approve a 1.5 million bond issue, a General Development Company underwriting pact with 1 per cent banking and 5 per cent underwriting commissions, and a stock increase from 3 to 3.5 million to permit bond conversion. Subscriptions are in two installments December 15 and January 3 1910, with December 18 expiry for rights to subscribe.
MENTIONED IN THIS ARTICLE
Boston
Seaboard Air Line
Norfolk County Court
Norfolk
Miami Copper Company
General Development Company
Banking Commission
Buffalo
N. Y
Thomas L. Hisgen
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Parvenue
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Henry H. Melville
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Hote
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Eeee
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Eeeee
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ce+e
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el L
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Saloen
H. E. Burr
Washington St
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Broadway
Garry Me Jacobs & CO