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Seattle Star in Seattle, Washington

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Seattle Star

Location

Seattle, Washington, United States of America

Date

Oct 17, 1899

Page

3

Copper Mining Boom Signals Global Investment Rush

Immense resources and mining prospects in the Cascades and Index Silver Creek areas attract capital as reports from New York press wider interest. Copper dominates future power, with electrical expansion driving demand, while New England and Electrical World note broad industrial shift toward copper and electric motive systems.

Cascades Silver Creek Beattle Republic Spokane New York Financial News United States Australia Africa China Pacific Europe South America British North America Mexico Union Silverton Geanle Times

Copper and Electric Power Drive Western Mining Growth

An authority cites copper strength as prices hold near 12 cents per pound and electricity fuels growing suburban street railways. Consolidation in New England railways, high earnings, and new mining properties spur copper demand and expansion. Parrott smelter tailings may yield rich copper, with futures for ore from Parrott mine sent to Anaconda smelters as railways lower costs enable previously uneconomical mines.

New England Tt le Beaton Globe Butte Bert Parrott Anaconda Brooklyn Eagle

Copper mining patience cited by New York World

The New York World argues copper development takes about two years from promising prospect to profitable mine. It warns that demand grows faster than production and advises against expecting copper prices to fall soon.

New York World

Copper mining outlook and stock market contrasts in 1890s

The article canvasses copper demand for electrical uses, rising nonferrous output, and the need for high value ore concentrates. It notes copper roofs on new terminals, warns against mixing low and high grade ore, and discusses stock swings in major mines like Anaconda and Parrott. It highlights Jumbo and Copper Bell prospects, Index district development, and statewide mining optimism amid price fluctuations.

Boston & Montana Anaconda Butte & Beston Parrott

It Means Daily Laurels Grow for Index District Mines

The article highlights growing mining success in the Index district with new discoveries showing promise. It cites wealthy New York capitalists and a Michigan miner endorsing the properties as among the richest in the United States, with Eastern papers calling the mines a Mecca for mining men. It forecasts peak activity next season and Seattle as a hub for miners and prospectors.

Bamera New York Michigan United States Seattle

Mining Boom Spreads Across Regions and Markets

The mining boom reaches all major districts including British Columbia and Mexico as old camps reopen and charters resume. Promoters in New York and Boston fund new ventures while European financiers join drillings in Eastern Oregon and Cripple Creek. Copper, zinc, and lead demand drives prices and prompts global investment in mining enterprises.

British Columbia Mexico New York Boston Rothechtids Europe London Oregon Cripple Creek Spokane American News

Also Mentioned on This Page

New Felde New England Station J. W. Cruthers Portland Washington State Municipal Securities Fier Scietific Press Chicago Western Mining World Roxbury Mase L. W. Gray When &E Industry and Mining Mr. Gray Grilie Calumet and Heela Arthur Milton Egbert John F. McManus Klondike Congress Diamond Joe Fortuna Charlies Lane King of Arizona Crowned King Pearce J. Wilmshurst Alaska Seattle Spirit Wiimehurst Sunset Mine Index District Montana Washington Index State Pioneer Brokers Index Second Avenue Seattle National Bank Members Stock Exchange Seattle, Wash
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