Price Declines Still in Full Swing Across Markets
New York total 891,600 shares Boston 48,770. Steel common most active in New York 264,400 and Boston 8,754. Yesterdays market repeated Thursday with heavy volume and steady declines. No clear reason for the drop as leaders fall more than 10 points from recent highs amid broker speculation and public selling.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Union Bag Btd
Osceola Consolidated
St. Mary's Mineral Land
Reading
Union Pacific
Commission
Naner
The
Wall Street Journal
United States Steel Corporation
Local market sees Utah Consolidated drop on weak report
The Local Market notes a sharp break in Utah Consolidated after an unfavorable Brognton report, opening at 15 and closing at 13, with most issues sliding below opening prices. Copper shares Superior and Boston, Granby, Allouez, Centennial, Wolver ine and preferreds American Zine Massachusetts Electric show weakness. Insider buying limited enthusiasm amid rising brokerage turnout and mixed margin expectations. Current money rates and foreign exchange quotations follow.
MENTIONED IN THIS ARTICLE
Utah
Brognton
Superior & Boston
Granby
Allouez
Centennial
Wolverine
American Zine
Massachusetts Electric
Copper and mining updates from October to November totals
Utah Copper reports October output of 7 582 219 pounds vs September 7 077 083 and May 8 862 900. Nevada Consolidated drops 170 002 from September to 4 980 306. British Columbia smelter back to full operation with three furnaces in November, processing about 2000 tons daily including New Dominion ore. Sidney Chase retires from Chase & Barstow. Pilot-Butte work to resume under new control. Arizona Mines pays final claim, title filed at Prescott. No. 2 Tomboy reports three foot malachite on 125 foot level. new hoist installed. three shifts soon. Arizona Commercial notes 80 foot drill at No 4 yields copper glance 20 feet wide.
MENTIONED IN THIS ARTICLE
Utah Copper Company
Nevada
Arizona Mines Company
Prescott
Ariz
N. L. Amster
The
Arizona Commercial
Globe
Atchison
Bos & Albany
Bos & Lowell
Bos & Maine
Fitchburg
Northwestern
NY & NH
An Bu
Rutland
Vt & Mass
I West End
Adventure
Allouez
Arizona Commn
Butte Coalition
Cal & Arizona Ve ” St
Centennial Rece
Franklin
Ranby Staweetee
Greene Cananea
Hedley Gold
la Salle
Mass Ee
Sly
Mohawk
Nipissing
Eres
North Butte
Bil
Old Dominion
Osceola Sete Eeee
Quincy
Santa Fe
Shannon
Steee
Mary's
Superior Cop
Trinity
Utah Consol
Utah Cop Corps
Winona Scene
Wolverine
Wyandot Ee Weene
Tel & Tel
New Eng
Edison
Tex
Pullman Co
Fey Reece
Hole
Seattle
Elec
Torrington
United Fruit
United Shoe M
Do Pf . Oe
Hancock
North Lake
Ray Consol
Sup & Bos
Super & Pitts
Swift & Co
U & Smelting
Ald Dopf
Ecaeee
Utah
Do Collat
Col & South
del & Hud
den & Rio G
Tlannt
St Joscon
Calaveras
Interbor
Vane
Inter
Chino
Moo Cortez
Davis Daly
Mae
Au First Nat
Lake Shore
Goldfield C. Ray al Su
Louls & Nash
Sumbotat A
St Ry Et Js. Tohe Tg
Kan & Tex
S& Ww
Kruger
Nash Ch & St L Ry
Laramie
N & L Branch Ts
Logty
la Rose
Live Oak
Too Mackinaw
McKinley Dar
NY Gas
Majestic
Masui Valley
Nor & West
le Mollie Gilson
Nor Pace
Diovig
Ohio
Penn
Ray Central
F P & FE Income Eee
Santa Aay Wa
People’s Gas
TL. & Cos
LTA Ysahel
Os South Lake
Rio Gr West Ist
Tuolumne
ST IM S
United Verdux
R& G S
ST Rik S
St. Estates Es Sale
S.lé& Fr
Sony
SA & A P
SUI
Tex & Pac
Third Ave
Tri-City
Union Par
Maryland
Western Union
West
West Shore
Sau
San Paula
NY City
Utah Consolidated Stock Sees Sharp Drop and Scrutiny
Investors face heavy losses as Utah Consolidated stock plunges from a 1907 peak to 29 1 2 in 1908 and later to 12 1 2 in recent days. President Urban H. Broughton cites independent ore estimates by J. W. Finch and former manager Risque, with Channing and Burger confirming doubts about recoverable tonnage and profitability.
MENTIONED IN THIS ARTICLE
Utah Consolidated
Urban H. Broughton
J. W. Finch
Risque
R. H. Channing, Jr
Utah
Channing
C. C. Burger
Mr. Finch
Salt Lake City
Messrs. Channing
Finch
Aggressive development urged at Utah Consolidated mine
Company directors push development to access higher grade ore, arguing output can grow as more faces open. Dispute with Channing and Burger over ore quality and past management, while critics accuse directors of prioritizing stock marketing over mine life and dividend health.
MENTIONED IN THIS ARTICLE
Finch
Messrs. Channing
Burger
Channing
Risque
Utah Consolidated Management
America
Bingham & New Haven
Utah Consolidated
Broughton
North Buttes
Calumet & Arizonas
Greene Cananeas
Utah Consolidateds
Boston Market Stock and Bond Market Summary
The Boston Market reports the course of stock and bond prices, total sales, and comparisons with the previous close for a given session. Details include price movements, notable shifts, and overall market tone for the day.
MENTIONED IN THIS ARTICLE
Boston
Dun & Co Weekly Review Signals Mixed Trade, Leather Declines
R G Dun & Co forecasts a fair but not booming business ahead with steady prices in the dry goods and silk sectors and a tentative revival in the shoe trade as wholesalers place larger orders. Labor troubles arise in shoe centers, and leather sales remain quiet amid substitution in uppers and continued dullness in glazed kid.
MENTIONED IN THIS ARTICLE
DUN
New York
R. G. Dun & Co
China
New England
Boston curb market heat on porphyry coppers and buyers
The Boston curb market saw the so called porphyry coppers lead trading with China slipping from 23 1 4 to 22 1 4 and then to 22 3 4. Inspiration remained strong around 9 1 2 as general trading was broad with Nevada Utah Rawhide Mining United Verde Extension Champion Amalgamated Nevada and Ray Central drawing interest.
MENTIONED IN THIS ARTICLE
China
Nevada
Utah
Rawhide Mining
United Verde Extension
Champion
Amalgamated Nevada
Ray Central
Chicago sanitary district invites bids for 31 million bonds
The sanitary district of Chicago will accept bids until December 22 for 31,000,000 of 4 percent bonds dated January 1, 1911. The issue will mature serially over 20 years, bringing total outstanding to 21,074,000.
MENTIONED IN THIS ARTICLE
Sanitary District of
Chicago
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Ceerese Tee
le Danik
Joan
Seebass
Hawkers’ Sterling Sons
Cmercial
Sty Reichsmarks Eeewss
Hid
Toston
Reese
Roston
Eeee
Ely Central Bay State
ELY Central
Auburn Brokerage and Loan Co
Court St
Auburn, Maine
First National
Richard J. Burton & Co
Congress St
American Zinc, Lead & Smelting Co
American Zinc, Lead and Smelting Company
Farwell
King-Crowther
Boston-Cerritos
North Am
Jamaica
American Telegraphone
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Wash
St. T
Adness
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the Post
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Washington St
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