Copper merger plans loom for Kennecott Braden link
A major copper consolidation appears near completion uniting Kennecott Copper with Braden Copper to control vast Alaska and Chilean ore. Guggenheim holdings shift with Utah Copper stake offered in cash or Kennecott stock, while International Mercantile Marine reports muted earnings and a copper market pause follows sharp gains.
MENTIONED IN THIS ARTICLE
Guggenheim Exploration Company
Utah
China
Ray Consolidated
American Smelting
Yukon Gold
Guggenheim Exploration
Kennecott
Anaconda Mines Porphyry Dike Gold Property Reveals Test Mill Results
Reports show Anaconda Copper Mining Company quietly developing Montana’s Porphyry Dike with a large tonnage of low-grade ore tested successfully at a mill. The stock rose sharply after public news, trading around 40 from prior levels as investors digest potential value.
MENTIONED IN THIS ARTICLE
Anaconda Copper Mining Company
Montana
Porphyry Dike
Anaconda
Amalgamated
Profit Taking Points In Yesterdays Markets
Total sales in New York 1 059 800 shares and Boston 115 102. Bethlehem Steel gains to 480 and Mercantile Marine pref falls to 70 1 2 in New York. United Fruit rises to 160 1 4 and Boston Worcester pref drops to 45.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Ventura
Bethlehem Steel
Mercantile Marine Pref
United Fruit
Boston & Worcester Pref
New York Stocks Rally Then Slump Amid Copper-Sector Shakeup
Extensive speculation lifted copper, steel and utility shares in morning trading in New York, with Bethlehem Steel and United Fruit among prominent gainers. afternoon news of Guggenheim Exploration dissolution triggered profit-taking as rails steadied. total volume 1,060,000 shares and mixed closes.
MENTIONED IN THIS ARTICLE
New York
Lackawanna Steel
Crucible Steel
Bald Win Locomotive
Bethlehem Steel
United Fruit
Consolidated Gas
Express Company
Mercantile Marine Preferred
Texas Company
Denver
Rio Grande
Seaboard Air Line
Rock Island
Guggenheim Exploration Company
United States Steel
United States
Copper market mood shifts as profits rise but Lake copper lags
Boston market notes profit taking in NY market spilling into local list. United Fruit jumps to 160 ¼ on strong earnings, while copper shares retreat as Lake Copper fails to keep pace with premium parity and other copper miners like New Arcadian and Winona rise on current metal prices. Seatel seat prices edge up with two recorded trades at 17 000.
MENTIONED IN THIS ARTICLE
Steel Common
Boston
New York
Porphyry
Anaconda
Kennecott
Lake
Lake Copper
United Fruit
Fisca
New Arcadian
Winona
Mass Mining
Copper
Utah Consolidated and
Utah-Apex
Lead
Boston Stock Exchange Bond Prices Report
Boston November 17 report lists high low and last prices of securities traded on the Boston Stock Exchange with comparisons to the previous close across bond listings.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Money Markets and Foreign Exchange Report
Current quotations show call loans at 3 percent for both brokers and outside customers. Commercial and collateral loans range 6 to 8 percent, with year money at 4 percent. Commercial paper from 8 to 4 percent. bar silver at 51.49 in New York. Ster ling and francs are stronger with rates: sterling 4.68, demand 4.675. Francs 6.90, marks 81, guilders 41, lire 6.40.
MENTIONED IN THIS ARTICLE
Devonshire Street
New York
Chicago
Philadelphia
Smallwood
Lara
Ee Ee
Minneapolis
Duluth Co
Ases
Tours
Cereannen
Meniae
Bond market notes on sold city and utility issues
The Los Angeles 412 per cent serial bonds totaling 2 640 000 dollars were sold by William A Read & Co and William N Compton & Co at yields of 4.30 and 4.35 per cent. Holyoke Mass awarded a 100 000 dollar four per cent coupon gas and electric light bond issue dated November 1 1915 and maturing with annual 5000 payments through 193 inclusive to Merrill Oldham & Co at 102.61.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Adams
Alaska
Juneau
S&f
Aro Smelt & R
Am Smelt & R
Mk Ny
Am Steel
Tel & Tel
Pidenes
Asone
AT & SF Pf
Baldwin
Ohio
Beth Steel
Beth Steel Ph
Bklyn RT
Burns Bros
Butte & Sup
Cal Pet Corp
Can Pacific
Ches & Ohio
CM &S P
CM & S P Pf
Rt& P
Cluett
CAF R. Cviewe
South Peoneee
L Ist
Pereer
Crucible St Pf
Cub Am Sug Co
Cu Am Su Co Pt
Deere & Co Pt
Det Edison Co
Erie
Aeeses Albot
G'drich BF Co
Nor Pf Teeeseee
Nor Ore
Greene-Can
Gug'h'm Nee Co
Ins Cop
Int Agr Corp
Int
Agr Corp Pt
Int Harvester
14 & W
Lehigh Walier
Los Angeles
Cal
William A. Read &Co
William N. Compton & Co
Holyoke
Mass
Merrill, Oldham & Co
Copper and metal markets show strong demand and rising bids
Copper demand remains active as producers and agents quote 1916 deliveries near 19 for primary metal and electrolytic around 1912. Prices for lead and tin remain firm amid tight supply, with Joplin ore at 90 to 100 dollars and other metals listed at New York quotes for prompt shipment.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Spot
Joplin
American Limelting & Refining Company
Mergenthaler Linotype Reports Net Gain for Year Ended 1915
The Mergenthaler Linotype company reports a net gain from all sources of 1,467,015 for the year ended Sept 30 1915, a decline of 1,080,854 from the prior year. The Boston Stock Exchange seat of Albert Potter, deceased, is posted for transfer to Horace Stevens of F E S Hooley & Co. and William P Harris seat to Charles G Lund Jr.
MENTIONED IN THIS ARTICLE
Mergenthaler Linotype ‘Company
Boston Stock Exchange
Albert Potter
Horace &. Stevens
FE. S. Hooley & Co
William P. Harris
Charles G. Lund, Jr
Also Mentioned on This Page
San Francisco
E. H. Rollins & Sons Investment Bonds
Os Angeles
London
BIG Copper
Mercantile Marine
Guggenheim
Kennecott Copper Company
Braden Copper Company
Chili
South America
Kennecott Company
Braden
Utah Copper
International Mercantile Marine Company
P. A
Franklin
Mercantile Marine Company
Leyland
Anaconda Copper Co
Kresge
Kresge Company
Charles J. Merrill
Merrill, Lynch & Co
Wresge
Mr. Merrill
SRL
Exchange Place
Shawmut Bank
Brady & CO
Devonshire St
Ieee
General Motors
New York Market
Liggett & Mey
Long Island
Mackay
Maxwell Motor
Maxwell
Ney
Pet Co
Miami
P&s
Missou Pac
Mont Power Co
Mont Power
Cloak & Uil
Nat E& Seee
Eers
Ewes Fite
Nevada
New York Dock
Nynh&u
Nor & Wes
Nor Pacify
Alamo
Pact&t
People’s Gas
Philadel Co
Pcc&seeeee
Pitta C ‘Oal
Pitts Ewe Pf
Pullman
Ry &T Erine
T& St
Repil
Rock Islanders
Rock Island of My
Lou & Sa F
Sl&se
Seaboard Air L
Sears-Roebuck
Porto
Stander
Stand Mill
P' &T RL
Studebaker
Tenn Copper
Texas Pacific
The
Texas Co
Tex Co Pf
Third Ave
Sis
Sl& W
Union Pacific
Union Pac
United Cive
Uscip&f
U S
Wells-Fargo
West Union
Westinghouse
Walede B's
Am& Sugar Pf
Abs
Woolen Pf
Amoskeag
Amoskeag Pf
Arizona
Tis
Atchison
Atchison Pf
Gulf
Bos
Bos & Lowell
Bos & Maine
Bos & Prov
Bos & Wor
Butte Al-Scott
Orb
Butte Ballak
Cal & Arizona
Cal & Heela
Centennial
Conn River
Revenee
Daly West
East Butte
Edison
Granby Mest Wacain
Greene Can
Hancock Lile
Indiana O's
Inspiration
Lake C Geir
la Salle
McElwain
Maine
Michigan
Ny&ny
Nipissing
North Butte
North Lake
Iss
Old Colony
Old Colony RR
Old Dominion
Pond
Quincy
Superior
Swift Retiou Ce
Tamarack
Torrington
Trinity
Utah Apex
Utah Consol
Veleue
Utah Cop Co
Nor
Cerro de Pas
Cerro de Pasco
Chile
Kelly Tire New
Naeves
Union
Noserie Awa
Boston Stocks
Ad Gulf
Swift & Co
West T & T
Allouez
Ag Chem
Jones & Baker Stock Brokers
Fort Hill
BOT Servi
Bingham
Bohemia
Mont
Butte
Butte & No
Calaveras
Corbin
Cortez
Davis-Daly
Eagle & B Bell
First National
Aly, Bi
Fortuna
Gold Lake
Oo Humboldt Ve
Verde
Utah Metals
IU Victoria
Money Markets
Federal Reserve Bank
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Sub
Treasury Credit Ee
New Orleans
Low
Sooerdiet
Resilientes Ok
Liverpool
High Point Pest
Sya
Spencer Trask & Co
Congress St
Miami Gas Company
Florida
Brrvvvhs & VU (Incorporated
Broadway
Fred. F. Ames
Westminster
National Zinc and Lead
National Zinc
G. W. Field & CO
Boston Curb Exchange
State Street
Nashville, Tenn
Halsey & Co Incorporated
N. W. Halsey & Co
New
Metal Markets
Financial News Notes
Boston Exchange Exchange
Congress Street
Megargel & Co
Btuck Exchange
Congress St. Boston
Pine St
Triangle
Edward E. Epps
Corect Cure
WIRES
Palisade Copper CO
Fort, Long & Company