Market tumble follows holiday lull on Wall Street
The April 20 market slide shows heavy selling and widened margins after a week of decline. Northern Pacific stock faced added pressure as unlisted trading moves loomed and broader concerns over a stock transfer tax stirred nerves. Atlantic Coast Line and Louisville & Nashville hit new highs amid the downturn, while Amalgamated Copper and other leaders fell amid continued profit-taking and stop orders.
MENTIONED IN THIS ARTICLE
Wall Street
Northern Pacific
Stock Exchange
Albany
Boston
New York
ICAN
Alances Sus Sooe Tech
State Street
State Street Financial Weather Bureau
Amalgamated
Mohawk
Dominion
Osceola
United States Mining
Greene
Bingham
American
New England
Maine
New Haven
Fitchburg
Union Pacific
St. Paul
Locomotive
New York Central
Reading
Tennessee Coal and Iron
Atlantic Coast Line
Louisville & Nashville
London
Commission
Amalgamated Copper
Broadway Pool
American Telephone Company
Bell Telephone
Elm River Mining Report
Boston Market Ex-Dividend First Instalment Paid
A market report notes ex-dividend status with first instalment paid. Total sales include listed stocks 51 423 shares bonds 1540 unlisted stocks 33 544 shares.
Yarmouth Bank Teller Held for Supreme Court Trial
Yarmouth N S April 20 W E Perry formerly teller of the Bank of Yarmouth was held today for Supreme Court trial on a charge of misapplying 7604 of the bank s funds Cashier Johns of the bank was held for trial last week on a charge of making false returns to the government
MENTIONED IN THIS ARTICLE
Yarmouth Bank
Supreme Court
Yarmouth
N.S
W. E. Perry
Bank of Yarmouth
Johns
Doan's Kidney Pills End Back Pain and Kidney Trouble
A Boston man, P F Judge of 116 Marginal Street, credits Doan's Kidney Pills with curing years of backache and kidney trouble. He reports rapid relief, lasting improvement for over five years, and urges others to use the remedy sold by Foster Milburn Co Buffalo NY at 50 cents.
MENTIONED IN THIS ARTICLE
Boston
P. F
Marginal Street
Mass
Dean
Doan
Foster-Milburn Co
Buffalo
N. Y
United States
Stockholders reelect Franklin Mining board with one change
At the Franklin Mining Company annual meeting the old board was re elected with R M Edwards replacing J D Hosking. 62 276 shares were represented. New York Central stockholders ratified the Beech Creek Extension lease. National Lead and Colorado Industrial bonds were listed on the NYSE. A merger involving Central Lead and Guggenheim Exploration is expected by Saturday. American Locomotive reports a record order over 3 000 000 from B&O. Heinze reportedly struck rich at Belmont after mining efforts and high ore values were cited in Butte.
MENTIONED IN THIS ARTICLE
Franklin Mining Company
R. M. Edwards
J. D. Hosking
New York Central
Beech Creek Extension Railroad
New York Stock Exchange
Colorado Industrial Company
First Mortgage
National Lead
Central Lead Company
St. F*rancois County
Guggenheim Exploration Company
American Locomotive Company
Baltimore & Ohio Railroad Company
Boston News
Butte
Mont
Heinze
Belmont
Anaconda
New York Bonds Close Day Guide and Rates
Closing bond list shows varied yields across US government and corporate issues. notable entries include US 4s n.r. at 133 and 132, Atlas L4s at 10114, Centra 5s at 1151 and 116, Cuba 5s at 104%4, Chi Terds around 94%, and Erie p 148 at 102 with related gens.
MENTIONED IN THIS ARTICLE
N.r
Atch G’l
Atlas
Bal & O
B&q N
RIC P
Ori&pe
CCCK
Amalgamated Copper Declares Quarterly Dividend
Amalgamated Copper Company directors announce a quarterly dividend of percent. The announcement comes from New York with no further details on the rate provided.
MENTIONED IN THIS ARTICLE
Amalgamated
New York
Amalgamated Copper Company
Wheat market breaks 5 cents as May futures crash
The May wheat corner attributed to John W Gates collapsed with as much as 5.99 million bushels dumped. May fell from 113.5 to 108.5 cents, then a stop loss slide to 119.5 cents. Total May sales swelled to an estimated 3 to 6 million bushels, while Armour supported July wheat suspected to cover Gates positions. May closed at 110 cents and July at 87 3/8 to 87 1/2 cents.
MENTIONED IN THIS ARTICLE
Chicago
John W. Gates
Wall Street
Gates
Armour
May Reopen Sully's Case With New Bankruptcy Opinion
MacGrane Cox a bankruptcy referee in the Daniel J. Sully case sent an opinion to Judge Holt that could reopen the case and adjudicate key questions. The petitions allege losses tied to Sully's cotton pools and seek sums from Hawley Ray and other creditors. If confirmed, the ruling could alter the estate's liability and decide whether cotton exchange trades were gambling transactions.
MENTIONED IN THIS ARTICLE
New York
MacGrane Cox
Daniel J. Sully
Holt
United States District Court
Sully
Edwin Hawley
Frank H. Ray
Governor Higgins Signs Transfer Tax Bill
Albany N Y April 20 The stock transfer tax bill was signed by Governor Higgins last night It imposes a tax of 2 cents per 100 of par value on all domestic or foreign stock transfers within the state after June 1 190 The tax uses adhesive stamps like the Spanish war revenue tax and deposits may be exempted when stock is used only as collateral The transfer is not complete without the stamps affixed to the certificate agreement or corporate books
MENTIONED IN THIS ARTICLE
Albany
N. Y
Higgins
Bears Hold Early Advantage In Active New York Stocks
The New York market opened with bears dominant and large losses in St Paul Union Pacific New York Central Northern Securities Illinois Central Atchison Brooklyn Rapid Transit Norfolk and Western and other pool driven issues. By midafternoon selling eased and a late rally was anticipated as short covering likely in the final hour though the close remained weak. Quotations provided by W B Smith Co list the active stocks.
MENTIONED IN THIS ARTICLE
New York
Atchison
Atlantic Coast Line
Baltimore & Ohio
Canadian Pacific
Central of New Jersey
Chesapeake & Ohio
Chicago & Alton
Chicago Great Western
Chicago & Northwestern
Chicago
Mil & St Paul
Chicago Ter & Trans
St Louis
Colorado & Southern
Delaware & Hudson
Erle den & Rio Grande
Illinois Central
Kansas City Southern
Louisville & Nashville
Manhattan L
Metropolitan St Ry
Mexican Central
Minn
St Paul
New York, Ont & West
Norfolk & Western
Pennsylvania
Pittsburg
St Louis Southwestern
Southern Pacific
Southern Railway
Texas & Pacific
Toledo
St Louis & West
Union Pacific
Wheeling & Lake Erie
Wisconsin Central
Express Companies
Erican
Cccceeveecs
United States “S
Ellaneo Amalgamated
Amer Car & Foun
de Piet
Ses Nesesees
Amer Otton Oil
Wccces
Amer Ice
Enay Vercitise & Refng
TEL. Eee
Coare
Amer Ugar Refn
Abacco
Conéa Mining Co
Rooklyn Rapid Transit
Colorado Fuel & Iron
Consolidated Gas
Eee
Eees Tel
Cccgoeccce
Pacific Mail
People’s Gas
Savec
Republic Steel
Annessee
Ee Tel
Virginia Carolina
Bears
St. Paul
New York Central
Northern Securities
Brooklyn Rapid Transit
W. B. Smith & Co
Congress Street
Dividend Schedules For Several Companies In May Lists
The Cambridge Electric Light Company pays a 2 percent quarterly dividend on May 1. Pullman Company issues a $2 per share quarterly dividend on May 15. International Smokeless Powder & Dynamite Company declares a 4 percent semi annual preferred dividend on May 1. RB Clafflin Company lists 1st preferred at 1 4 percent and 2d preferred at 4 percent with May 1 dates. American Light & Traction Company pays 1 4 percent preferred quarterly and 1 4 percent common semi annually on May 1. Proctor & Gamble Company distributes a 3 percent quarterly dividend on May 15 to common holders.
MENTIONED IN THIS ARTICLE
Cambridge Electric Light Company
Pullman Company
International Smokeless Powder & Dynamite Company
Hi. RB. Clafflin Company
American Light & Traction Company
Proctor & Gamble Company
Funeral of Patrolman G E Reece of Somerville
Funeral services for Patrolman George E. Reece of the Somerville department were held at his residence 222 Medford street with the Rev R M Foster officiating. The Somerville police attended in full force, a 409 man escort under Sergeant Gammons. Burial was at Woodlawn Cemetery after the Odd Fellows service by the North Cambridge encampment. Pallbearers included Patrolmen Harry Allen David A Bolton Myron Gott Charles Allen Harvey Fuller and Ernest W Howard.
MENTIONED IN THIS ARTICLE
George E. Reece
Somerville Department
Medford Street
R. M. Foster
Methodist Church
Providence
R. L
Police Department
Gammons
Woodlawn Cemetery
North Cambridge
Odd Fellows
Harry Allen
David A. Bolton
Myron Gott
Charles Allen
Harvey Fuller
Ernest W. Howard
Standard Oil greed exposed in Lawson piece
Thomas W. Lawson critiques Henry H. Rogers and the Standard Oil circle in Everybody's Magazine. He portrays Rogers dictating deals like the Lewisohn Bros. copper sale and frames Amalgamated as a venal outcome of relentless profit first creed.
MENTIONED IN THIS ARTICLE
Henry H. Rogers
Daly-Haggin-Tevis
Boston
Coppers
Amalgamated
Lewisohn Bros
Rogers
Standard Oil
Thomas W. Lawson
Everybody's Magazine
Lawson
Coal prices fall at retail after wholesale cut
Retail coal dealers cut prices after a wholesale 50 cent per ton reduction on April 1. Despite earlier reports, the usual spring decline was delayed, leaving consumers unaware of when the lower rates would take effect.
Ex Mayor Fletcher of Worcester Ill With Pneumonia
Ex Mayor Edward F. Fletcher ill with pneumonia is traveling from Chicago to Worcester. The Quinsigamond tribe S O R M. announced his illness at a meeting last night and pledged sick committee support and transport vehicles at the station on arrival.
MENTIONED IN THIS ARTICLE
Worcester
Edward F. Fletcher
Chicago
Quinsigamond Tribe
M. Fletcher
Receivership Ongoing for Ubero Rubber Company
Judge Lowell appointed receivers Hugh H. Ogden and Jeremiah Smith Jr to inspect Ubero Rubber Company books. The board disclosed the exhaustive review may take time while they determine a plan for future stockholders.
MENTIONED IN THIS ARTICLE
Ubero Rubber Company
Lowell
Hugh H. Ogden
Jeremiah Smith, Jr
Bradshaw
Johnson
Edwin
Childs
James E. Bartlett
Melrose Violinist Lena Trowbridge in Paris Engagement
Miss Lena Trowbridge of Melrose, a promising young musician praised by Boston audiences, is to perform at the Tuileries Musicale in Paris as part of her early concert career. Her selection signals growing recognition abroad for her talent and training.
MENTIONED IN THIS ARTICLE
Melrose
Tuileries Musicale
Lena Trowbridge
Boston
Boston Social Set Anticipates Trowbridge Musical at Tulleries
A musical program at the Tulleries on Commonwealth avenue is slated for Tuesday April 2 at 4 o clock. The Boston music world awaits with pleasure and many critics are expected to attend.
MENTIONED IN THIS ARTICLE
Tulleries
Commonwealth Avenue
Boston
Miss Trowbridge
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Elm River Copper Company
Eeeteeteeaeeveaeses
Fay
Mining and Stock Exchange
Majestic
Pioneer Lynn
United Zinc
Hamlin, Thompson & Sheldon
Guanajuato
Wolverine
Henry KE. Butler
Charles D. Barney & Co
Temple T. Berdan
W. C. Brown & Co
Stone & Webster
Tampa Electric Company
Utah Consolidated Mining Company
Tel & Tel
Atch
Aser
Allouez
Se Ag Chem
Boston & Albany
Boston & Maine
Bos & Nee
Cal &Hecia
Daly-West
Addison el Ill
Mass Electric
Michigan
Mont C & O Abe
H&h
Old Dominion
Pullman Co
Quincey
Ee Shannon
Seattle
Elec
Swift & Co
Tamarack
Trinity
United Copper
United Fruit
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Eaae
US Peas & Oil
US Steel
Utah
Victoria
West End St Ry
Dore
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Nickerson
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State St
Arizona Copper Properties
England Telephone and Telegraph Company
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Lewisohns
Mr. Lawson
Leonard Lewisohn
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Henry W. Savage
Pixley and Luders
Lawrence McCarty
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Board of Receivers
Purdy
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Strongheart
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Huntington Ave
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Mercae & Ditson
Washington St. Herrick’s
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THE
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John C. Fisher
Tom W. Igley
Lyceun
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George Sidney
Arizona
John W. World
Minnell Kingston James Richmond
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Winter St
Mary OF Magdala
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Harry Clay Blaney
Pacific
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M. Press Eldridge
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Russell & Locke
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