Prices drift lower as stock market runs on cautious notes
As trading opened State Street reports mixed activity with New York and Boston shares edging down. Declines hit Reading Amalgamated Northern Pacific and Distillers Securities while Calumet & Hecla advanced. Market mood remained weak with higher call money and anticipated dividends in focus.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Amalgamated
Calumet & Hecla
Northern Pacific
American Sugar Common
State Street
Harriman
Distillers Securities
Western Union
American Smelting Company
Shorts
Union Pacific
Brooklyn Rapid Transit
St. Paul
Great Northern
Pennsylvania
Southern Pacific
Steel
New York Stock Exchange
Pittsburg
Calumet & Arizona
Northe Butte
Utah Consolidated
Old Dominion
Dividend News From Mines Banks and Railroads In A Busy Period
William E. Soule reports a flurry of corporate actions including Daly West Mining 30 cent quarterly dividend, National Sugar Refining 1 1/2 percent preferred dividend, Mergenthaler Linotype 24 percent plus 5 percent extra, and various bond issuances. Copper prices slip and several firms announce book closings and record dates for December payments.
MENTIONED IN THIS ARTICLE
Otto Heinze &Co
Western Development Company
United Copper Company
Otto Heinze & Co
United Copper
Heinze
New Western Development Company
Chicago, Rock Island & Pacific Railway Company
King Edward Mining Company
Cobalt
Samuel Newhouse
Wiliam P. Ward
A. M. Wickwire
N. A. Egbert
John Josten
T. M. T. Raborg
Nipissing Company
J. H. Sussman
United Fruit Company
Distillers’ Securities Corporation
Dawes
Ohio
Central Reserve
Daly West Mining Company
Burdett & Harris
London
Wabash Railroad Company
National Sugar Refining Company
Contagas
la Rose
McKinley Darragh
Buffalo
Temiskaming & Hudson Bay
O'Brien
Silver Leaf
Nevada Hills Company
Mergenthaler Linotype Company
New York Metal Exchange
Crucible Steel Company of America
Mass Consolidated Company
Beacon Trust Company
Worcester Consolidated Street Railway Company
Toronto Railway Company
American Sugar Refining Company
Horace H. Havemeyer
Thomas
Havemeyer
Chicago, Burlington & Quincy Railroad Company
Globe, Ariz
National Mining & Exploration Company
Iron Gap
Old Dominion
Columbus and Hocking Coal & Iron Company
Otis Elevator Company
Amalgamated
Virginia-Carolina Chemical Company
Canadian Westinghouse Company, Ltd
Western Union Telegraph Company
Western Union
William E. Soule
Stock and Bond Market Totals From Boston Trade Desk
The Boston Market records the day’s stock and bond activity with totals. Ex-dividend items and box-rights are noted. Listed stocks show 16 940 shares, bonds 22 000 dollars, unlisted stocks 13 359 shares, and rights 4 067.
Boston curb market dull with weak prices on Dec 10
Today's curb market in Exchange Place mirrors yesterday with dull activity and weak prices. National Mining rose from 58 to 65 cents after ore strike reports, while Ssanca Consolidated gained 2 cents to 27. Full curb list fluctuations summarized.
MENTIONED IN THIS ARTICLE
Exchange Place
National Mining
Ssanca Consolidated
Sanca Consolidated Mining Company
Boston
Wall Street Sees Support Vanish in Decline
On Wall Street December 10, support for the market faded with banks calling loans at up to 25 percent, up from 20 percent. Hill stocks and Reading led declines while coppers showed some resistance. Large accounts shifted from Hill to Harriman Pacifics as national bank reports revealed heavy impairment and prompted talks of consolidation.
MENTIONED IN THIS ARTICLE
Wall Street
Hill
Harriman Pacifics
New York City
Japs Wipe Out Part of P. and C.'s Trade
London reports at the Peninsula and Oriental Steam Navigation Company annual meeting, Sir Thomas Sutherland says the Bombay to Japan trade has been wiped out by Japanese competitors. He notes rapid Japanese trade growth and calls it a near supernatural awakening of a formerly dormant people.
MENTIONED IN THIS ARTICLE
London
Peninsula and Oriental Steam Navigation Company
Thomas Sutherland
Bombay
Japan
Rockefeller Kin Dies in New Jersey at 82
Jonathan JaRue, first cousin of John D. Rockefeller, died in Phillipsburg New Jersey at age 82. He worked as a carpenter until recently and lived in the area for many years.
MENTIONED IN THIS ARTICLE
Phillipsburg
N. J
Jonathan JaRue
John D. Rockefeller
Standard Oil Company
Stoessel Trials for Life Amid Port Arthur Contempt Charge
Lieutenant-General Stoessel faced a court martial in St Petersburg with 200 Port Arthur veterans in attendance as he pleads not guilty to the charge of surrendering Port Arthur on January 1 1905. Prominent Russo Japanese War figures and generals attended the session. Stoessel wore the George cross and the George III cross in civilian attire.
MENTIONED IN THIS ARTICLE
ST. Petersburg
Stoessel
Port Arthur
Army and Navy Club
Kuropatkin
Linovitch
Rennenkami
Wiren
Order of St. George
George III
Frisco Not a Full Burden of Plague Says Assistant Hobdy
The public health service reports that bubonic plague remains in San Francisco but at a much lower percentage than initially reported. Passed Assistant Surgeon Hobdy notes the infection is still generally distributed in the city.
MENTIONED IN THIS ARTICLE
Washington
Public Health and Marine Hospital Service
Hobdy
San Francisco
Somerville Sues Boston Elevated Over Portland Street Accident
Somerville sues the Boston Elevated Railway alleging negligence in not keeping a Portland street section in repair. The city claims it suffered damages from an Aug. 2 accident involving a Somerville team on that stretch under Boston Elevated control.
MENTIONED IN THIS ARTICLE
Boston
Portland Street
Somerville
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Eee
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CHI Joqne
Gicea
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THE
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the. Mats
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Eeae
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Empire City Quartet
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Ray Cox
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Eve
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Faust
Aida
Traviata
ALL Star
Tremont Fant Ars
D'Eved
Mme. Baldini
Carmen
Suzanneix Adams
Colonial Theatre
Mont Charles Dillingham
Montgomery and
Stone
Theatre Comique
Scollay Square
Hambourc
Sa Knabe
Flinist
Elymendore Tremont Temple
PACIF
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