Wall Street Faces Irregular Day As Stocks Fluctuate Sharply
A volatile trading day shows mixed gains and losses led by Union Pacific and Reading. Reading climbs on dividend rumors while Northern Securities and Amalgamated reignite merger talk. Local Boston market activity wavers with Amalgamated and Boston coppers fluctuating as New York strength shifts confidence.
MENTIONED IN THIS ARTICLE
Wall Street
United States Steel
Union Pacific
Amalgamated Copper
Reading
Supreme Court
United States
AT&T Declares Dividend of 1.5 Dollars Per Share
AT and T will pay a dividend of one and a half dollars per share on Saturday April 15 1905 to stockholders of record at the close of business Friday March 17 1905. Transfer books close March 18 to April 1 1905 inclusive. William R Driver treasurer.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Co
William R. Driver
Doan's Kidney Pills Endorsement by Boston Worker
John Horner of 28 Orange Street Boston employed by B and A R R says Doan's Kidney Pills cured his long kidney trouble. He describes back pain dizziness headaches and urinary issues clearing after five years of use and urges others to try the remedy. Price 50 cents. Foster Milburn Co Buffalo NY sole U.S. agents. Remember the name Doan's.
MENTIONED IN THIS ARTICLE
John Horner
Orange Street
Boston
Mass
Dean
Foster-Milburn Co
Buffalo
New York
United States
Doan
Dividends Payable From Industrial Firms
International Steam Pump Company declares 1 percent preferred dividends payable May 1. Henry R. Worthington Company pays semi annual 3 percent preferred dividends also due May 1.
MENTIONED IN THIS ARTICLE
International Steam Pump Company
Henry R. Worthington Company
Patterson arraigned on conspiracy charge in Young case
Nan Patterson appeared in Court of General Sessions to plead to a conspiracy to obtain money from Cesar Young. Judge Foster delayed the plea to Friday while District Attorney Rand seeks further action. The Smiths fight return of letters seized in Cincinnati and Rand seeks disclosure of possible accomplices in their flight after Young’s death.
MENTIONED IN THIS ARTICLE
New York
Nan Patterson
Cesar Young
Court of General Sessions
Young
Rand
Foster
Miss Patterson
J. Morgan
Smith
Smiths
Cincinnati
District Attorney’s Office
Wheat futures rise on winter crop damage rumors
Chicago April 13 reports claim damage to winter wheat spurring July delivery demand and a bullish tone across grain markets. July futures gain 7 8 cents, May up 11 4, corn and oats advance, while May option faces uncertainty. primary receipts totaled 338 900 bushels.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Minneapolis
Chicago Grain Quotations and Market Call
Ennis and Stoppani report firm opening on wheat with slight advances aided by cold weather in the Northwest and steady overseas markets. July and September futures strengthened while selling pressure eased, with traders favoring long positions. corn and oats seen holding firm on small receipts and favorable sentiment.
MENTIONED IN THIS ARTICLE
Chicago
Ennis & Stoppani
Chicago Board of Trade
State Mutual Building
Italy
Market Rebound Drives New York Stocks Higher
The New York consolidated market closed at its best level of the day with active buying in Union Pacific St Paul and coal stocks. St Paul tractions Brooklyn Rapid Transit and Metropolitan Securities showed strength Amalgamated Copper and American Smelting led gains, signaling overall market strength despite expected reactions.
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Atelitson
Chicago & Alton
Chicago Great Western
Chicago & Northwestern
Chi
Mil & St Paul
Term & Trans
C & St Louis
Colorado
Erie
Hocking Valley
Illinois
Eree
Pennsylvania
Reading
Rock Island Co
L&s&s Fe
St Louis Southwestern
Southern Pacific
Southern Railway
Texas & Pacific
Toledo
Union Pacific
Am Car & Foundry
American Locomotive
GOK
Smelt & Refug
Ee i Ay
Sugar Refining
Anaconda Mining Co
Brooklyn Rapid Transit
Colorado Nel & Iron
Consolidated Gaseeeee
Mistillers’ Securities
General Electric Tee Eae
International Paper
Pacific Mail
People’s Gas
Republic Steel Ee
Tennessee Coal & Iron
U S Realty
U S Steel
J Va Carolina Chemical
Westinghouse Electric
Western Union
New York
St. Paul
W. B. Smith & Co
Congress Street
Open’ G Bish
Amalgamated Copper
American Sugar
Atchison, Top & Santa Fe
Chicago
Erie Cra Ee
Missouri Pacific
New York Central
Union Pseme Eee Renee
US Steel Cocs OT
Governor LaFollette signs Wisconsin anti cigarette bill
Governor Robert M. LaFollette signed the anti cigarette bill prohibiting the sale manufacture and giveaway of cigarettes and cigarette tobacco or papers. The measure takes effect July 1 in Madison Wisconsin.
MENTIONED IN THIS ARTICLE
Wisconsin
Madison
Wis
Robert M. LaFollette
Douglas Copper 6 Percent Convertible Bond Offering Draws Demand
Financial agent C F King reports strong weekly demand for the Douglas Copper Company 6 percent first mortgage convertible bonds offered at 110. The issue funds a Sonora Mexico smelter and can be converted to stock at par in 1906, with expected large monthly dividends once operation begins. King notes broad geographic orders and plans no immediate second allotment, higher if offered.
MENTIONED IN THIS ARTICLE
C. F. King
Douglas Copper Company
King
Sonora
Mexico
Boston
New York
New England
Connecticut
Theodore Douglas
Herbert B. Cary
Victor M. Tyler
A. Heaton Robertson
Edward C. Frisbie
Frank Klepetko
Mr. King
New Haven Road Beaten in Rhode Island Condemnation Bill
In Providence Rhode Island April 13 the Rhode Island Senate defeated a bill allowing the New York New Haven and Hartford railroad to condemn and acquire by condemnation its leased lines in the state by a 17 to 15 vote. The measure followed House approval and the railroad holds about 25 percent of the capital stock of its Rhode Island leases. A reconsideration motion is expected tomorrow with 32 of 37 members present.
MENTIONED IN THIS ARTICLE
Providence
R. I
New York, New Haven & Hartford Railroad
Senate
House of Representatives
Rhode Island
Tainted Money Too Tame for Wall Street
In New York on April 13 a Wall Street cafe discussion proposed ten substitutes for tainted money linked to John D. Rockefeller gifts. The list included Polluted planks plucked from the people's plum tree and other phrases such as Tarnished tin and Guilty gelt.
MENTIONED IN THIS ARTICLE
New York
John D. Rockefeller
Wall Street
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