Stock Market Bull Run Follows Congress Adjournment
Reports from Paine, Webber and Co state aggressive bullish activity in stocks, led by Union Pacific gains. The currency bill passage and Congress adjournment are cited as favorable factors boosting banking sentiment and industrial demand, especially in iron and steel. Market outlook remains positive with anticipated bond issue news.
MENTIONED IN THIS ARTICLE
Paine, Webber and Company
Logan & Bryan
Union Pacific
Congress
Market and rail news: banks, crops, and steel output
Carpenter, Baggott & Co anticipate a strong trading market in leading issues with no bullish campaign. London stocks rise up to 1 percent. Congress adjourned after the currency bill passage. Pittsburg rumors link to Grand Trunk buy of Pittsburg Terminal. Wet May noted by weather bureau. Eight banks report under 25 percent reserves. Republic Steel backs southern furnaces output for three months. L&N to earn about 1 percent above fiscal year. Southwest railways hopeful on crop outlook. Gold impact not expected to derail general business. Dunns reviews improve industrial conditions with plant resumptions. Bradstreets cites weak crop advices from heavy rainfall. Northern Pacific melon cuts persist. Thirty-eight railroads show 20.82 percent lower gross in third week of May. Twelve industrials up 0.61 percent. Twenty rails up 0.61 percent.
MENTIONED IN THIS ARTICLE
London
Congress
Senate
Pittsburg
Grand Trunk of Canada
Weather Bureau
Republic Steel
Louisville & Nashville
Southwest
Dunn
Bradstreets
Northern Pacific
Bullish Outlook for Financial Bureau Specialty Ops This Week
The report suggests bullish acts in stock markets this week with limited drives overall. It notes a likely sold out list and minimal progress by the hear party. It recommends discriminating and conservative purchases as potentially profitable.
MENTIONED IN THIS ARTICLE
Financial Bureau
Financial Markets Signal Steady Outlook After Liquidation
Henry Clews & Co notes the general financial situation is sound with no serious post liquidation reaction expected. I. S Bache & Co advises conservatism and buying only fair declines as a strategy. Chicago reports 26,000 North Butte Extension sold around 75 cents on the curb. Paine, Boston cites currency bill passage as a bull move signal with a strong opening for North Butte and Mohawk. Range, Shannon and Greene-Cananea tipped as leaders for tomorrow. New York notes rumors of higher Burlington dividends lifting Great Northern and Northern Pacific.
MENTIONED IN THIS ARTICLE
Henry Clews & Co
Chicago
North Butte
Paine
Boston
Mohawk
Shannon
Greene-Cananea
Osceola Copper Enlarges North Kearsarge Lode Work
Announcement notes a daily strike expected in the Kearsarge lode at No 4 shaft North Kearsarge branch. Opening No 4 shaft expands Osceola Copper company territory and future mining area.
MENTIONED IN THIS ARTICLE
Calumet
Kearsarge
North Kearsarge
Osceola Copper Company
Osceola
Market Notes From Boston and Butte Mining Stock Scene
Boston reports attempts to market North Butte this morning while bids shift at 6544. Copper supply on June 1 stands at 31 158 tons up 3 032 in two weeks as trade remains light on the Butte Mining Stock Exchange with limited six transactions and a mix of bid and ask quotes.
MENTIONED IN THIS ARTICLE
Boston
North Butte
New York
Butte Mining Stock Exchange
BUOO
Geeree Warnes-Kink
Teeaesee
Bute & Brcorn
Cescnecces
Butte & Balakiavan
Cccess
ERNEO
Bic Cash Setaeote
Butte & Loggon
Military Parade Delights Berlin Garrison Audience
Emperor William hosted King Gustav and Queen Victoria of Sweden at the annual spring garrison parade in Berlin. Thirty thousand service members from all arms, including about eight thousand cavalry, maneuvered across two square miles of parade grounds.
MENTIONED IN THIS ARTICLE
Berlin
William
Gustav
Queen Victoria
Sweden
Moros on Jolo Threaten War After Attacks
Reports from Manila say Moros on Jolo are restless. An Asturia datto vows to kill twenty whites and one hundred Chinese, then declare war. A sentry was wounded in an attack and guards are doubled as settlers face threats.
MENTIONED IN THIS ARTICLE
Manila
Jolo
Railway bonds offered in London and New York
The National Railway of Mexicos 4 percent bonds were offered simultaneously in London and New York. The issue drew heavy applications and trades were at a premium of 1 to 1 percent.
MENTIONED IN THIS ARTICLE
London
National Railway of Mexico
New York
Adequate Bell Phone Service Urges Montana Montana Business
Business leaders in the inter-mountain region emphasize Rocky Mountain Bell telephone service as essential for reach and success. The message argues strong phone access across Montana Idaho Utah and Wyoming gives firms a competitive edge.
MENTIONED IN THIS ARTICLE
Inter - Mountain
Rocky Mountain Bell
Montana
Idaho
Utah
Wyoming
Bell Telephone
Old Proverb With a New Application for Hair Health
The piece promotes Newbro's Herpicide as a modern remedy to cure dandruff and prevent baldness by killing germs. It claims Herpicide disinfects the scalp and advises sending 10 cents in stamps for a sample to the Detroit company, listing various agents and drug firms.
MENTIONED IN THIS ARTICLE
Newbro
Herpicide Company
Detroit
Mich
Standard Drug Company
Anaconda
Newbro Drug Company
Butte
Special Agents
United Copper Faces Poor Prospects and Dividends Doubted
United Copper Company contemplates an annual meeting with one board vacancy and a presentation of a dismal financial statement. Accumulated 6 percent preferred dividends are owed, and past efforts to resume payments faltered. The Stewart Mining and Basin Reduction works remain idle as stock issues falter and earlier loans drive floating debt.
MENTIONED IN THIS ARTICLE
United Copper Company
Butte Coalition Company
Heinze
Butte Camp
United Company
A. P. Heinze
Treasury
Butte Coalition
R. A. Heinze
T. M. Hodgeng
Boston News Bureau
United Preferred
W. A. Lockwood
Hodgens
Montana
Stewart Mining Company
Stewart
Two Delegation Factions Ready for Chicago Meeting
Birmingham delegates head to Chicago for the Republican National Convention with two contested slates. The Thompson faction supports Secretary Taft while Davidson delegates proceed uninstructed, each traveling with several attorneys to aid the national committee.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
Alabama
Chicago
National Committee
Thompson
Taft
Davidson
Dios Dios Leader and Follower Executed in Bilid
Manila June 1 Fastino Ablen once pope of the Dios Dios movement and his chief follower Fispiridion Rota were hanged at Bilid prison today. They were convicted of several murders and Governor General Smith refused to commute the sentences.
MENTIONED IN THIS ARTICLE
Manila
Fastino Ablen
Dios Dios
Pope
Leyte
Fispiridion Rota
Bilid
Smith
Mobile Panama Steamship Line Inaugurated With Thelma Departure
Mobile city officials witnessed the launch of the Mobile Panama steamship line with the Thelma leaving for Cristobal Colon carrying passengers and mail. The new service greatly shortens travel time between the Republic and the United States.
MENTIONED IN THIS ARTICLE
Mobile
Ala
Mobile- Panama Steamship Line
Thelma
Cristobal Colon
New Republic
United States
Wreck on Minnesota & International Derails Engine and Cars
A special train near Mishawa on the Minnesota & International railroad was ditched by wreckers. The engine and three cars derailed and baggeman Charles Yorn was slightly injured. No other injuries reported.
MENTIONED IN THIS ARTICLE
Brainerd
Minn
Minnesota & International Railroad
Mishawa
Charles Yorn
Steamer St Louis Boiler Tube Explosion Injures Firemen
Cherbourg report says a boiler tube in the engine room of the American line steamer St Louis exploded as the vessel entered the roadstead this morning. Three firemen were seriously injured.
MENTIONED IN THIS ARTICLE
Cherbourg
American Line
St. Louis
Workers Return as Mines and Furnaces Reopen
Birmingham notes 8,000 idle workers to return this week as mines furnaces and other industries resume operations after several months of idleness.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
Miners Union Notice Sets Meeting for June 2
Members of the miners union are notified of important business at the next regular meeting on June 2 and are asked to bring their due cards. James Shea, President. Dan Hotland, Recording Secretary.
MENTIONED IN THIS ARTICLE
Miners’ Union
James Shea
Dan Hotland
Kloseman and Miss Springs Engaged in Frugal Walks
A lighthearted notice from the Philadelphia Press describes the couple Kloseman and Miss Springs now engaged and economizing. The exchange notes that walking costs nothing but wears out shoe leather, highlighting their thrifty courtship.
MENTIONED IN THIS ARTICLE
Philadelphia Press
Kloseman
Miss Springs
Supreme Court rules against publishers in price fixing cases
The Supreme Court decided three copyright cases, ruling for Macy & Co. over Bobbs Merrill in selling a book below set price. Scribner's Sons and Nathan Strauss argued that Macy violated contracts to maintain fixed prices. appellate courts previously ruled against the publishers.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court of the United States
Justice Day
Bobbs Merrill Company
R. H. Macy & Co
Isadore H. Strauss
Macy & Co
House of Macy
Circuit Court of the United States
New York
Circuit Court of Appeals
Charles Scribner's Sons
Isadore
Nathan Strauss
Scribners
American Publishers’ Association
Publishers’ Association
Lane's Morning Bargain Sparks Household Turmoil
In a humorous vignette from The Youth's Companion Mrs. Lane, busy with a flood of fancy-work orders, is surprised when her husband Mr. Lane, in nightclothes, asks the price of a kite shaped item with a feathered ribbon tail. He explains he wants it because all his union suits have missing buttons.
MENTIONED IN THIS ARTICLE
Mr. Lane
Silk umbrellas cut price at Mayer's annual clearance
Silk umbrellas are offered at reduced prices during Mayer's annual clearance sale. Shoppers expect notable discounts as summer accessories and fashion items move quickly.
MENTIONED IN THIS ARTICLE
Mayer
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