Company Sees Copper Boom Beyond Prospectus
Adolph Lewisohn stated that the Miami Copper Company’s output surpassed expectations, with annual production rising from the prospectus’s 14 million pounds to about 90,000 pounds in a year and net earnings of 2.19 million after depreciation. He cited ore reserves of over 20 million tons, a $5 million development spend, a $600,000 cash surplus, and current dividends. He predicted potential production of 4 million pounds monthly and costs under eight cents per pound, implying possible annual earnings near 3.6 million and a doubled dividend under favorable copper prices.
MENTIONED IN THIS ARTICLE
A. Lewisohn
Adolph Lewisohn
Miami Copper Company
J. Parke Channing
The
Tribune
Lewhohn
Treasury
Victory for Dissenters at Quicksilver Mining
Officers of Quicksilver Mining Company have been ousted after a yearlong battle with dissenting stockholders. The sweeping victory repositions management and directors. successors to be announced at the annual meeting at the company offices. Charles A. Nones is named head of the new interests, which vow strong efforts to render the property paying.
MENTIONED IN THIS ARTICLE
Quicksilver Mining Company
Charles A. Nones
Morgan's Faith in Mien Revealed in Steel Suit Testimony
Former Judge James H. Reed testifies in the government case to dissolve the United States Steel Corporation. He recounts Pierpont Morgan's reliance on trusted associates and Carnegie's resistance to selling, noting Carnegie and Frick's willingness to divest and Morgan's request for a decisive letter. Reed recalls Gary dinners urging fair dealing and avoiding price cuts, and explains the policy saved many from bankruptcy.
MENTIONED IN THIS ARTICLE
James H. Reed
Pittschurch
United States Stel Corporation
Carnegie Steel Company
The
Steel Corporation
J. Pierpont Morgan
Morgan
United States
Andrew Carnegie
Carnegie
Mr. Carnegie
Carteleaid
Reed
Lindabury
Carnesie
Judge Reed
Pierpont
Judge Gary
Judge Tiedwaidhin
Gary
Panie
Heald
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Pennsylvania
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Galen Hall
Atlantic City
Mount Pocono
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Mon
Cresta Sinat
M.D. Ptice
Hoorlet
Atving Hotels
Mittig
Mesargel
Mr. Pocono
Avery Mi Pornni
Delaware
Slusnee-on
Shawnee Ub
M. Wing
Mer
Automobile Tours
Iyere Cars
Boston
Fairness Concern
Sunset Park Inn
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Vishin Ie
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Propristo
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Furth
Thanz Joseph
Hinpen
Sunny Foonya
Mins
Nake
Michael Melzineer
Meer Lake Ghorge
Summer Paradise
Pey
NDAY
Torsta
Eminening
Pont
Colt Fishing
Alk Outdoor St of
Wieder I Warrorton A
UE Ine St
New York
Dutcher House
Pawling, N.Y
Sacks
Maentain Maat
Mos Av
RED Lion Inn
Stockbridge, Mass
Pitmon Hall Intervale
N. H
OPE
Santos
the Belleview
Aly Melehts
New Hampshire
IDEAL
Shoreham
Dennis
Hotel
New England
Oonie
Marlborough Benheim
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Avon By the Sea
N. A
NEW Magnolia Hotel
LLOYD
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Hamilton County
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Sous
T. Cole
Y. Tribune
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Judd
the Elton
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Allion
Sind
Ste
New-York Tribune’s Information Bureau
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Nassau Street
New York City
Tribune Resort Bureau
Tribune Building
Travel
Setertale
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Mount Washingtor
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Paracity
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Crawford Notch
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Caracity
NEW England Lines
Handu
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