Bears Raid Market In Early New York Trading
The market opened with strength on Amalgamated and North Butte while news of coal supplies and bank liquidity boosted sentiment. Afternoon selling hit Amalgamated and United Copper, with the closing level uneven as traders awaited fresh directions and money rates eased.
MENTIONED IN THIS ARTICLE
Amalgamated
North Butte
Utah Consolidated
Nevada Consolidated
New York
United Copper
Greene Copper
Copper Range
Trinity
Old Dominion
Bingham
Greene Consolidated
Shoe Machinery
Vindication of King-Crowther Corporation Leader
The King Crowther Corporation and its president C F King announce a return from receivership, restoration of leadership, and a clear, debt-free future. The message defends the firm’s past battles, asserts its national impact, and vows renewed growth and integrity amid hostile attacks.
MENTIONED IN THIS ARTICLE
King-Crowther Corporation
God’s Acre
King- Crowther Corporation
Eles
Knoxville Sealed bids sought for water works bonds
The Knoxville controller invites sealed proposals for 750000 dollars of 4 percent semi annual 40 year water works bonds, due noon May 1.
Raven Mining Shares See Sharp Fall Amid Heavy Selling
The Boston Market reports the day’s bond and stock activity with Raven Mining totaling 96,000 shares traded. Prices fell sharply from 6% to 6 and Clark, Grannis & Lawrence emerged as major sellers after reportedly buying heavily at 7 to 8.
MENTIONED IN THIS ARTICLE
Raven Mining
Clark, Grannis & Lawrence
Rights and Dividends Noted in Listed and Unlisted Securities
aEx-rights. bSecond instalment paid. cEx dividend. dAssessment paid. Total sales include listed stocks 86 329 shares rights 299 bonds 18000 unlisted stocks 20470 shares unlisted bonds 21000.
MENTIONED IN THIS ARTICLE
bSecond
Dividends Declared by Multiple Utilities and Firms
Milwaukee Electric Railway and Light Company pays a 1 percent regular quarterly dividend on first preferred stock with a payable date of April 30. Lowell Electric Light Corporation declares a semi annual dividend of 4 dollars payable May 1. Automatic Electric Company of Chicago declares a regular quarterly dividend of 2 percent payable May 1. Edison Electric Illuminating Company of Brockton declares a semi annual dividend of 2.50 per share payable May 1. United States Cast Iron Pipe and Foundry Company maintains usual quarterly dividends of 1 percent on both preferred and common stock.
MENTIONED IN THIS ARTICLE
Milwaukee Electric Railway and Light Company
Lowell Electric Light Corporation
Automatic Electric Company of Chicago
Edison Electric Illuminating Company of
Brockton
United States Cast Iron Pipe & Foundry Company
Chicago Grain Quotations with May July and Sept futures
Ennis and Stoppani note the government report surprised markets by setting winter wheat condition on April 1 at 89.1, implying a 470 million bushel crop. Foreign buyers turn bullish and demand for U.S. wheat rises, with little chance of further price gains.
MENTIONED IN THIS ARTICLE
Ennis & Stoppani
Chicago Board of Trade
State Mutual
Bears Raid Market Under Organized Bear Pressure
Wall street on April 10 faced a decidedly weak market amid what appeared to be an organized bear raid. Stop-loss orders below the market triggered indiscriminate selling, sending prices down and dampening sentiment despite early pockets of strength tied to coal and copper chatter. News from Pewabic suggests improving mine output and potential profits next year if production rises at lower costs.
MENTIONED IN THIS ARTICLE
Wall Street
Amalgamated Copper
Franklin Mining Annual Report Shows Profit Fluctuations
Franklin Mining Company reports 1905 results with totals of 745 204 dollars receipts and 668 076 dollars expenses. Copper output fell due to the old Franklin shaft decline and a miners strike. Despite low prices ranging from 14.8 to 16 2 cents per pound, a January production rise and planned cross cut in the Junior mine aim to improve gains in the coming year.
MENTIONED IN THIS ARTICLE
E. Aran
Franklin
Salvation Army fund tops eighty eight thousand in drive
The Salvation Army People’s Palace fund has reached 88766.51 with pledges of 3000 and legacies of 20000. Donations are being collected at Boylston National Bank and Treasurer H W Jarvis 640 Tremont Building. New gifts include 500 each from B P Cheney and Caleb Chase and smaller gifts from many supporters.
MENTIONED IN THIS ARTICLE
Salvation Army People’s Palace Fund
Boylston National Bank
H. W. Jarvis
Tremont Building
B. P. Cheney
Caleb Chase
Eben S. Draper
Eleanor E. Parker
K. 8. G. Webster
J. L. Grey
Ellen Baird
G. L. Putnam
Charles Peabody
L. D. Baker
Albert F. Bemis
L. M. Hannum
J. 8. Grimmer
E. A. Record
Henry P. Curtis
E. C. Sherry & Co
Salmon Sirk
I. B. Bedell
J. H. Carney
A. W. Dunning
A. E. Prescott
M. YW. Stake
Howard P. Haines
Verdict of 2433 Dollars for Twice-Broken Leg
A Superior Court verdict awarded 2433.33 dollars to laborer Thomas R. Coates against John Soley and others. The injury arose from alleged careless handling of a horse, causing a leg to break in two places.
MENTIONED IN THIS ARTICLE
Superior Court
Thomas R. Coates
John Soley
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