Copper Market Slumps As Amalgamated Weakens Stocks
A broad selling wave hit copper shares with Amalgamated Bank Amalgamated the standout weak issue dragging down others. Reports cited include Rock Island selling pressure and Washington reports affecting market tone. Analysts noted miners face uncertain outlook with reduced support for higher priced issues and advised caution on further declines.
MENTIONED IN THIS ARTICLE
Amalgamated
Wed
Angconge
North Butte
Butte Balaklava
Iran
National Mining and Investment stock market note
There was very little activity to the trading this morning amid low spirits. We may see a path to brighter times as room opens for opportunities to buy better issues at lences. Profit-taking history shows buying when prices are low requires nerve, the essential requirement.
MENTIONED IN THIS ARTICLE
National Mining and Investment Company
Lences
Boston Consolidated Utah amalgamation ratified by proxies
London, Jan. 6. At a special meeting of Boston Consolidated Copper shareholders the Dec. 20 agreement for amalgamation with Utah Copper was put to a show of hands and lost. A later poll showed directors with American proxies voting overwhelmingly in favor of the merger. the plan had been criticized by stockholders present.
MENTIONED IN THIS ARTICLE
London
Boston Consolidated Copper Company
Boston Consolidated
Utah
New York
White Slave Traders Not at Home in New York
New York on January 5 reports that alarm over a special grand jury led by John D. Rockefeller Jr. to probe white slave traffic has driven traders to flee the city. Secret service detectives and immigration officers identified the traders, with evidence to be presented to the jury.
MENTIONED IN THIS ARTICLE
New York
John D. Rockefeller, Jr
Philadelphia
Chicago
Pittsburg
Boston
United States Secret Service
The
Standard
Hamilton
Hamilton Chamber of Commerce
Ravalli Hotel
Victor and Steveneville
Two More Victims Claimed By Tainted Fruit
Santa Monica reports two more Marquez family members died from ptomaine poisoning after partaking in New Year pears. B Precedio aged 86 and Virginia Precedio, 4, are among the latest fatalities. the wife remains in critical condition as eleven of twelve diners have died.
MENTIONED IN THIS ARTICLE
Santa Monica
Cal
Marquez
B. Precedio
Virginia Precedio
Rexall Patent Medicines for Sale with Refund Promise
The store lists about 2000 patent preparations and warns self medication isn’t ideal, advising physicians for serious illness. It promotes Rexall remedies with transparent formulas and a money back refund if the empty package proves unsatisfactory.
Copper merger stance and steel outlook from early 1910 era
W A Clark says copper merger is not a trust and will not discriminate, with prices not to exceed 15 cents. Judge E H Gary of United States Steel predicts firm iron and steel trade, guarded by risks of inflation and policy shifts. eight months of gratifying new orders and rail demand lift optimism for 1910. Sections note Ohio Copper mill expansion, Boston Corbin mill contract, and a Red Boot sale.
MENTIONED IN THIS ARTICLE
W. A. Clark
Michigan
Arizona
United Action
E. H. Gary
United States Steel Corporation
Gary
Boston
Corbin Copper Company
the Chalmers Company
Guests in New York hotel excited by much smoke
Guests in the Broadway Central hotel on January 5 rushed into corridors as smoke from a Mercer street factory fire poured into the rear of the building. Clerks and bellboys calmed the crowd after the fire was extinguished with little damage. Nearby on Broome street a first floor tene ment fire drove many tenants into the street.
MENTIONED IN THIS ARTICLE
New York
Broadway Central
Mercer Street
Broome Street
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Main St
Butte
Montana
Waterman
St. Oo
North Main St
East Park
Mose Linz—Lends
North Main
Joseph Richards
Montana Street
Butte, Mont
F. B. Price
Bell
PR. Lamb
Batte
Paine
Anaconda
Shannon, Giroux
Greene- Cananea
Butte Coalition
Tamarack
Cliff Mining Company
Tamarack Company
Dee
John Stanton
Copper Producers’ Association
Chapin
Bank of England
Alameda
Barnes-King Ee
Alex Scott
Butte & Ely
Oreeten Tone
Milwaukee
Corbin
Teeere
Tuolumne Seteeeer
Price Butte & Superior
Hutte Stock Exchange
Orton Bros
Main Street
Cason
Rechnflan
Clark
Ohio Copper
Salt Lake City
Ohio Copper Company
Garfield
Red Boot
Weggenman & Mund, Inc
Martha Washington House
Martha Washington
Pia
Johnston & Murphy