Market swings steady as bottom may be reached on reaction
The Boston market shows a steady advance after a further reaction with North Butte at 45 and Balaklava rising to 12 a day. Paine note cites buying on dips and a scarce supply of stock as the turn comes. President’s message delays and consolidation talks loom large for copper and railroad stocks, with cautious optimism.
MENTIONED IN THIS ARTICLE
North Butte
Butte- Balaklava
Boston Exchange
Paine
Copper Range
Lake
Wwrad Thurs
Ween
Anaconda Everses
Eee Eeeee
Rammeseigm Cadscacesé
Wee Thy Corbin
Copper Rangers
Hennessy
Copper prices and mine outputs shape merger delay
New York electrolytic copper hovers around a pound while United Metals Selling pegs at 18c. Major producers Boston Utah Copper Nevada Consolidated and Boston Consolidated run near 150 million pounds yearly. Butte mines from Amalgamated and Guggenheim total 400.9 to 450 million pounds annually. A big merger to include Amalgamated, Guggenheim, Cole Ryan and Haggin is seen as delayed, though copper interests push smaller combinations forward.
MENTIONED IN THIS ARTICLE
Boston
Boston Financial News
Cole-Ryan
Amalgamated
J. P. Morgan
Cole-Ryan and
Anaconda
Butte & Boston
Boston & Montana
The
Parrot
North Butte
Butte Coalition
New York
United Metals Selling Company
Utah Copper Company
Nevada Consolidated
Boston Consolidated Companies
Butte
Guggenheim
Cole- Ryan
Haggin
Stock Subscription and Market Recap Across Cities
Boston stockholders may subscribe at 85 to 18 500 Grandby shares with 10 percent credit, due Feb 21 and March 21 for installments. Fractional shares convert to whole stock, no dividends on certificates, underwriting without compensation. Chicago markets show mixed gains amid Bank of England rate shifts and Washington developments, while Hornblower & Weeks notes irregular opens with North Butte and Lake prices volatile but rallies overall.
MENTIONED IN THIS ARTICLE
Boston
Chicago
Chapin & Co
Bank of England
Washington
Hornblower & Weeks
North Butte
Lake
Quiet Trading Amid Stock Exchange Strike
Welch and Harrington stocks sit silent on the local exchange with minimal activity expected until the strike ends. Prices hold, yet there is little incentive to trade as buyers and sellers show restrained interest and money needs do not strongly compel transactions.
MENTIONED IN THIS ARTICLE
National Mining and Investment Company
Turfmen Dismayed by Governor Hughes Action
New York racing men react to Governor Hughes suggestion to abolish oral betting at tracks. They warn of losing thousands of dollars as recent seasons saw higher attendance and stakes. Coney Island Brooklyn Saratoga races prepared for a busier year despite police actions.
MENTIONED IN THIS ARTICLE
New York
Hughes
Coney Island
Brooklyn
Saratoga Racing Associations
Hackett Divorce Granted to Mary Mannering
New York Jan 6 An interlocutory decree of absolute divorce from James K Hackett was granted to Mary Mannering in the supreme court. Their 5 year old daughter Filsie was awarded to the mother. No alimony was provided. The couple married in 1899 and had been estranged for about two years.
MENTIONED IN THIS ARTICLE
New York
James K. Hackett
Mary Mannering
Supreme Court
Filsie
Hacketts
Griggs Georgia Congressman Dies in Dawson
Representative James M. Griggs of Georgia died in Dawson today from apoplexy. The longtime Democrat chaired the Democratic National Congressional Committee and served in the Second Georgia district.
MENTIONED IN THIS ARTICLE
Dawson, Ga
James M. Griggs
Georgia
Griggs
Democratic National Congressional Committee
Dixon bill to create land office at Havre approved
Special Dispatch to the Standard reports a senate committee on public lands authorized Senator Dixon to report favorably his bill establishing a land office at Havre. Secretary Ballinger and Commissioner Dennett have given the measure warm approval.
MENTIONED IN THIS ARTICLE
Standard
Washington
Senate Committee On Public Lands
Dixon
Havre
Ballinger
Dennett
Reward Offered for Team Theft Conspiracy
One hundred dollars' reward will be paid by the Tripp and Dragstedt company for information that will lead to the conviction of the parties who took their team from Covert street on the night of January 4.
MENTIONED IN THIS ARTICLE
Tripp & Dragstedt Company
Covert Street
Telephone two-number service linked Butte and Anaconda
A historical notice explains a two-number service operated by the Bell Telephone company connecting Butte and Anaconda. It instructs callers to ask for the party in the other exchange and remain on the line at their own telephone.
MENTIONED IN THIS ARTICLE
Bell Telephone Company
Butte
Anaconda
Dividends of Mines in Coeur d Alenes profiled in 1909
Two million three hundred thousand dollars in dividends are tallied for the Coeur d Alene district’s mines in 1909 led by Federal Mining and Smelting at 930000, with Bunker Hill and Sullivan at 615000 and Hercules at 250000. The Snowstorm mine paid 225000 and Hecla about 200000, while development and prospecting surge ahead for 1910 as capital flows into new properties and expanded work.
MENTIONED IN THIS ARTICLE
Standard
Spokane
Wash
Coeur d'Alene
Federal Mining and Smelting Company
Bunker Hill & Sullivan Company
Hercules Company
Hecla
Old Wisconsin Group
Suit Cases Linked to Check-Raising Ring In Butte
Police traced Arlington and McLaughlin to Butte where two suit cases seized from Paul revealed check-raising gear, stamps and fake payroll checks. The suspects, ex-convicts once linked to a Salt Lake City murder case, led detectives on a months long probe as they planned large scale fraud against railroad contractors.
MENTIONED IN THIS ARTICLE
Paul
Williams
Lynch
Butte
Arlington
McLaughlin
Salt Lake City
Healy & Reynolds
Moarap & Jolneon
Lewisohn Street
Abington
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