Copper Shares Inactive Amid Copper Market Spark
Copper producers in the Libby District report strong demand and tight supply as spring opens. Industry forecasters Leonard Lewissohn and John Stanton note anticipated price rises with new companies preparing to start, while older mines push to meet rising orders. Foreign and domestic demand grow, with scarce spot copper and contracts largely for late summer and fall. The outlook favors continued expansion and higher prices into the coming season.
MENTIONED IN THIS ARTICLE
Leonard Lewissohn
John Stanton
Ingot
Copper Stocks Rise After Court Ruling Triggers Gains
The Copper Stocks in Boston and Montana edged higher following a Storente court decision that placed the receiver in charge of properties. Prices opened around a and moved to 875 before retreating to 871. Thutts & Boston lagged, Nish touched 95, and Fisher’s asset values fluctuated with Payot near zero. Oscenia, Tamar, Mohawk, and Old Doe minion posted varied closes, reflecting a noisy session.
MENTIONED IN THIS ARTICLE
Boston & Montana
Ah Storente
Thutts & Boston
Fuillage
Payot
Italy
Oscenia
Tamar
Mohawk
Keystone Consolidated mine formed from Goldiint and Iivetone properties
In Libby area the Leonia Mercantile manager reports consolidation of the Goldiint and Iivetone claims into the Keystone Consolidated mine brand. Rumors say Patsy Clark recently acquired Kee Girl claim nearby, with a base on $50,000. Snowshoe mine development continues with sinking to 180 feet and drift work on the vein both north and south.
MENTIONED IN THIS ARTICLE
Libby New Cha Deigher
Leonia Mercantile Commany
Evivunite
Whats Alen
Goldilint Mining Company
Spokane
Goldiint
Iivetone
Keystone Consolidated
Keystone
Sylvanite
Patrick Clark
Patsy Clark
Patsy
Mining firm poised to start operations at Buzz Saw mines
Arthur Winslow, general manager of United States and British Columbia Mining, remains in Libby where signs point to imminent active operations on the Buzz Saw group. The firm already maintains a sizable Libby office force and plans reportedly include constructing a concentrator.
MENTIONED IN THIS ARTICLE
Arthur Winslow
United States & British Columbia Mining Company
Libby
Buzz Saw
Mines at Neihart work updates and lease activity
Hon W C Conrad visits Neihart to note delayed opening of the Queen mill awaiting ore treatment capacity. Galt mine operations continue with steady ore shipments and rich exposures at the 150 and 200 levels. Upper air workings to be leased. Hidden Treasure lode lease pursued by Harry Lewis and A F Hendricks for James Sites and partners.
MENTIONED IN THIS ARTICLE
W. C. Conrad
Neihart Herald
Galt
Neihart
Harry Lewis
A. F. Hendricks
Hidden Treasure Lode
Broadwater
Atlantas
James Sites
James Chamberlain
Montana Ore Pur Chases Declares Quarterly Dividend
The Montana Ore Purchasing Company trustees declare a regular quarterly dividend of $1 per share payable April 20 at the New York office. This payout lifts total dividends since January 1 to $1,040,000, with earnings reported over $1.5 million annually given copper at current prices. If copper is 14 cents per pound, dividends for 1939 are projected at $12 per share.
MENTIONED IN THIS ARTICLE
Montana
New York
Railroads update as Montana floods ease and repairs proceed
Rumor of a Sheridan railroad accident denied as Montana braces for flood relief. Milk River floods ease. repairs on Great Northern and other lines advancing, with transfer of passengers at Havre and delays along Northern Pacific and Short Line routes. Union Pacific to widen roadbeds with 40 repair gangs between Ogden and Omaha. crews to work from Ogden on Wyoming division under Assistant Superintendent Baird. Additional notes report a false Sheridan disaster alert, the death of Frank Bruce of the Montana Central at 12, and the Montana Stock Growers Association annual meeting in Miles City with Northern Pacific one fare round trips April 17 to 25.
MENTIONED IN THIS ARTICLE
Montana
Great Northern
Havre
Northern Pacific
Short Lines
Salt Lake City
Union Pacific
Ogden
Omaha
Wyoming Division
Baird
Associated Press
Inter Mountain
Cheyenne
Sheridan
Burlington
Butte
Montana Stock Growers’ Association
Miles City
Northern Pacific Railroad
Jdckinson
N. C
North
Railroad notes and rail executive moves across the West
Modena becomes the Utah and Pacific terminus station name. W Thorn of the Soo road in Butte en route to St. Paul. The sixth annual convention of railroad workers in Detroit with about 100 delegates. San Francisco Examiner denies the Call's Vanderbilt rumor from Utah to San Francisco via Santa Cruz. Western Trunk line committee to remain on a part basis until July 1. Frank Shesgreen of Great Northern arrives in the city to assess changes since his prior post.
MENTIONED IN THIS ARTICLE
The
Association of Railroad Airorakemen
Detroit
San Francisco Examiner
Call
Vanderbiltne
Utah
San Francisco
Santa Cruz
Western Lines
Western Trunk Line
Prt
Lynndale Crown Bridge Nor Dance Hall Ad
Advertisement for Lynndale offerings lists a big sleigh seven ninety, a band wagon eight dollars, free supper and dancing every Sunday with a stage departure at two o clock. Contact Chas Langlois at his stable for information.
MENTIONED IN THIS ARTICLE
Lynndale
Chas. Langlois
C. Langlois
Placer Mining Near Elk City Sees Delayed Start
Rod D Legent reports elk City placer grounds have not resumed work due to deep snow. Traditionally miners in March begin operations, while copper mining shares renew interest as copper prices rise and markets improve.
MENTIONED IN THIS ARTICLE
Rod D. Legent
Elk City
Idaho
Boston Corp Er Stocks offers copper speculation margin
Boston Corp. ER STOCKS promotes copper stock speculation with margins of Parrot 10 Utah Con 10 Butte & Boston 20 Boston & Montana 40 and 6th proportion. Orders placed separately with a Boston brokerage firm on bank margins. Records open for inspection. Commissions small. Settlements after wire confirmation. Quotations every half hour. The Hewett-Sisley Co. 47 East Broadway.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Utah
Butte & Boston
Boston & Montana
Hewett-Sisley CO
East Broadway
Women Athletes Club Plans Library Auditorium Use
Mrs. Goodfrey applied with the city clerk to use the city library auditorium for a women and girls athletic club. The proposal includes club swinging and boxing with sessions three evenings weekly, under Dr. Wix who offers dental services for female athletes.
Dr Johor Phish: a Welcome Guest in Homes
An aged ad copy touts a “Welcom guest” Dr Johor Phish as present in rich and poor homes alike. It promotes White Front Grocery offerings including Kentucky whiskey, malt whisky, Court ney brand liquor, and imported brandies and rums, with prices per glass, half gallon, bottle, and quart, inviting customers to visit their Block for pricing.
MENTIONED IN THIS ARTICLE
Johor Phish
Kentucky
White Front
Courtney
Death of Charles Breen in Divide Prospecting Trip
The body of Charles Breen, 42, unmarried, was brought to Butte from Divide after a prospecting trip. He fell and died near Divide while resuming his journey, with an inquest returning a verdict of heart failure. His brother James Breen lives at Le Roi smelter in Northport.
MENTIONED IN THIS ARTICLE
Charles Breen
Inter
Divide
Breen
Butte
James Breen
le Roi
Northport
Also Mentioned on This Page
Gagnon Volunteer Empire
McQueen
Kenown
Nelhart
E. Summit
W. Bide
South Butte
Arzanaco
W. Side
Asol
Ins Uts
Otal
Dhown
China
Orient
Hodges & Co
Boston
White House
Washington
ARPET
FIR Aluiea
Lutey
M. C. P. Company
Wyoming
Frank Bruce
Montana Central
Bruce
Great Falls
Modena
Utah & Pacific
Thorn
Jassenger
Soo Road
St. Paul
Frank Shesgreen
Wilmen
Minnesota
Shesgreen
Dr. Rinehart
Hennessy Black
East Park Street
Boston Corp
Dr. Wix
Rinehart
Hennessy
Main St
Thos. F. Courtney
Graham
Lutey Bros
Cash Grocery
W. Park St
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