Market Strength Lifts Downtrodden Stocks in New York and Boston
The market shows relief as New York Clearing House adds 10 million for stock loans and brokers report reduced panic. Boston shares rise despite the Dillaway Starr brokerage firm suspension, with heavy short interest and bargain hunting driving gains and a strong finish. United mining and Centennial exchanges see mixed values while Amalgamated and Parrot rise, and several non dividend issues slip before rebounding. William Rockefeller calls the scare unnecessary and predicts safer buys after year end, with gas supplies to Chartres town noted.
MENTIONED IN THIS ARTICLE
Boston
New York
New York Clearing House Committee
Clearing House
Stock Exchange
Messrs. Dillaway & Starr
Dillaway & Starr
Centennial Eureka Mining Company
C. A. Hight
A. F. Holden
Hight
Charles H. Cole
Sjr
F. W. Bachelder
E. A. Clark
B. W. Palmer
Storey, Thorndixe & Palmer
Palmer
United Fruit Company
A. F. Walden
B. . Palmer
W. H. Coolidge
Joseph S. Ricker
Centennial Eureka
Santa Fe
United States CW
United States Mining
Centennial- Reka Mining
Wiich
Amalgamated
Parrot
Boston & Montana
Quincy
Osceola
Met & Hecla
Tamarack
Utah
Centennial Ned
Cochiti
Folverine
Butte & Boston
William Rockefeller
Henry M. Whitney
Cape Reton
New England Gas and Coke Company
Chartres
Orchester
Stock Deposits Roil Mining Shares and Rail News
The report notes a 5 percent aes rate on stock within two years and delays at Elm River mine causing layoffs. It details Clearing House certificate handling, Old Colony Trust Company deposits, and a six month validity for the agreement. Also mentions Rio Grande Western dividend, Old Colony as transfer agent, and various mining stock quotations and dividends.
MENTIONED IN THIS ARTICLE
Elm River
Boston Clearing House Committee
United States
Old Colony Trust Company
United States Mining Pooling Committee
Rio Grande Western Railroad
Centennial-Eureka Mining Company
Boston Consolidated
Fortuna-Republica
Little Tiger
Bay State Gas
Navaho
Boston
Buffalo Idaho
New England
J. A. Coram
John D. Bryant
Francis Blake
Ariel H. Crocker
George A. Crocker
Edward 8. Dodge
Frank W. Reynolds
Charles F. Robinson
Boston & Albany Railroad Company
New York Central Railroad Company
International Paper Company
Buckiminster Quicksilver
Napa
Twa
New Idria
Pinkham
Wheat Markets Show Mixed Signals Amid War Scare
London and New York trading desks report mixed activity as wheat opens weaker in Chicago while Liverpool cash prices edge higher. Foreign buying is light and sentiment steadies after a dampened war scare. Bradstreet notes a drop in visible supply.
MENTIONED IN THIS ARTICLE
Howard
Crosby
Liverpool
Chicago
New York
England
Bradstreet
Prime
Protest Against Lease of Boston and Albany Railroad
A postal circular opposing the lease of the Boston and Albany to the New York Central has been mailed to B and A stockholders. It accuses the Central of subsidizing traffic and lacking security, urging stockholders to revoke proxies and attend or send substitutes to the Boston box 1955 meeting.
MENTIONED IN THIS ARTICLE
Boston &Albany
New York Central
John D. Bryant
Francis Blake
Ariel H. Crocker
Dward
Dodge
Frank W. Reynolds
Charles P. Robinson
Beeston & Albany Railroad Company
Boston & Albany
Boston
Compliment to Lowry Parker at Berkeley's entertainment
A child reader Lowry Parker was honored last evening at Berkeley's with a complimentary entertainment. Mrs F Parker assisted by Ada Brown Edith Mayall Bullet Wells Clara Newman Mrs I Parker and Herman Goldstein presented scenes from Ingomar and Romeo and Juliet to great favor. A Boston & Albany rail road offers a Wagner sleeping car berth from Boston to Chicago for $2 with departures on select days from 10 30 am and 3 30 pm.
MENTIONED IN THIS ARTICLE
Lowry Parker
Berkeley
S'Emple
F. Parker
Ada Brown
Edith Mayall
Bullet Wells
Clara Newman
I. Parker
Herman Goldstein
Ingomar
Boston
Chicago
Boston & Albany Raiload
Washington Street
Squire's Credit IRS Ties Complex Across Firms
The John P. Squire Company and related firms operated under multiple names and shared ownership, making bankruptcy and debt tracking intricate. Creditors were assured of loyalty and aid as the business sought to resume operations, while an official financial statement was being prepared. Dillaway had worked tirelessly to avert an assignment but failed.
MENTIONED IN THIS ARTICLE
John P. Squire
Squire Company
Squire
Dillaway
New York Investors Consider Broadway National Bank Buy
Creditor meeting aims to speed progress as New York and Boston bankers discuss plans. Mr Chaplin says New York capitalists may buy the bank, taking on its indebtedness, with par or less price and Broadway stock rising after a deal. Names of interested parties not disclosed.
MENTIONED IN THIS ARTICLE
New York
Boston
Chaplin
Broadway National Bank
Squire
Broadway
Squires
Dillaway and Starr Bankers Assign to Hovey Amid Mining Stock Decline
Dillaway and Starr bankers at 42 Water street assigned to E. C. Hovey after a drop in United States Mining Company stock triggers the move. Officials insist there is no asset-liability statement yet, no speculation, and hope arises from a favorable mining result. The firm, begun in 1891, faced public concern over margin and creditor protection as the case unfolds.
MENTIONED IN THIS ARTICLE
Dillaway & Starr
Water Street
E. C. Hovey
United States
Post
Dillaway
Starr
C. F. W. Dillaway
George H. Flint
Albert W. Lawrence
Hovey
United States Mining Company
Remarkable case of stomach trouble cured by Stuart's Dyspepsia Tablets
Dr Redwell recounts a long standing case of acute stomach trouble and chronic dyspepsia improved by Stuart's Dyspepsia Tablets. After four boxes the patient gained 10 to 12 pounds, no acidity or bloating remained, and appetite returned. The tablets, made by F A Stuart Co Marshall Michigan, are sold nationwide for 50 cents with a free little book on stomach diseases available.
MENTIONED IN THIS ARTICLE
Dr. Redwell
Stuart
F. A. Stuart Co
Marshall, Mich
I. A. Stuart Co
Wall Street Ends Turbulent Session Amid Bear Panic
Bears faced a selloff frenzy as bulls moved to cover short sales and drive up prices. Traders, banks, and government deposits offered liquidity while rates fell from 25 to 2 percent. London quotes hinted at recovery as General Buller’s rumor influenced sentiment.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Stock Exchange
Bears
Secretary of the Treasury
London
Buller
Tale of Two Dogs Gina Had No Visible Means of Support Except Legs
A police officer detains an individual amid a case described as the tale of two dogs. The court intervenes by assigning a job to Mr. Green to address the matter and provide support.
MENTIONED IN THIS ARTICLE
Gina
Rival Claimants for Andy in Dorchester Dog Dispute
Two men contend over a dog named Andy in a Dorchester case. J M Green, treasurer of the New England Anti-Vivisection Society, accused Officer J A McDonald of improper conduct after a dog impasse on Fremont street. Thomas Plant, James H. OConnell and the dog Andy figure in a second dispute about ownership and custody. The cases were heard by Commissioner Clark and Judge Brown.
MENTIONED IN THIS ARTICLE
Eecanarpes
Clark
J. M. Green
Elmo Street
Dorchester
New England Anti-Vivisection Society
Animal Rescue League
J. A. McDonald
Station 2
Fremont Street
O’connell
Tom
Anday
Plant
Frank E. Harver
Arone
Connell
Market Recovers Some From Boston Brokerage Fallout
The report of a brokerage failure in Boston prompted fear and unrest, but a study of the trust company’s collapse and its securities shows the event was not as catastrophic as feared. Money rates rose due to collateral quality, with industrials sparking renewed activity and notable, though partial, price gains from the day’s lows.
MENTIONED IN THIS ARTICLE
Boston
Wing May Report Today on Broadway National Bank
Receiver Wing of the Broadway National Bank will submit a report to Comptroller Dawes today to decide if the bank may resume business. Wing hints the examiner’s report may allow reopening after a reorganization reducing the Squire influence and creditors may keep deposits to steady the bank during relief. Francis Sears says the clearance house notes an improved outlook and a strong market with heavy orders as brokers liquidate debts.
MENTIONED IN THIS ARTICLE
Wing
Broadway National Bank
Dawes
Squire
Boston Financial News
Neral Bank
Francis B. Sears
Clearance House
Salvation Army funds deated causing cash needs for meals and relief
Salvation Army funds at Broadway National Bank are depleted and cannot cover Thanksgiving meals or rent. Cashier Frederic H. Curtis has lent $2000 to meet obligations. The group plans Christmas dinners for 5000 in Mechanics Building and winter relief, plus monthly sleeping quarters for 13,000 at low cost. An appeal seeks $5000 in subscriptions to fund operations and aid.
MENTIONED IN THIS ARTICLE
Salvation Army
Broadway National Bank
Ederic H. Curtis
Mechanics
Army
Port Jervis Bank Suspends Operations Amid Money Market Strain
The National Bank of Port Jervis in New York announced a temporary suspension due to stringency in the New York money market. The move is linked to a recent defalcation by L. Goldsmith, the assistant cashier.
MENTIONED IN THIS ARTICLE
New York
National Bank of
Perishable Dog Disputed Payment Impresses Court
In a quirky hearing Plant argued he paid for a dog and asked its value. The court noted Tom had recovered the hound and discharged O Connell, while Plant quipped the animal was a perishable particle.
MENTIONED IN THIS ARTICLE
Plant
Tom
O'Connell
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Black Sea
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Crosby & Go
Tatty
Nking Hous Haight & Freese
Bronx
Sindelphia, Son
Walnut St
Philadelphia
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Prous
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State Street
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Eeepese
Ioeral Steel
General Electric
Felten Pal Car
Nion C
Lee
United Bruit
Dominion
Fitchburg Railroad Company
Vb LA. Gleason
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Wilson W. Way & Co
Ion Little
Eerteeste
Eben Oran
United Varde, Jr
Franklin Mining
Eee
Basin Gold & Copper
Eat
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Oka
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Republic Iron & Steel
Tenn Coal & Iron
United States Leather
Ssigi United
fCnion
Chicago Markets
Squire's Credit Irs
Diveways
Congress and
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BE. C. Hovey
Dillaway &Starr
E. L. Oppenheim & Co
W. E L. Dillaway
Charles O
Mechanics’ National Bank
Ent
Mae
GO. MH
Ingalia
Bangor
Pup
Tale OF
MR. Green
Andy
Officer McDonald
Green
Lieutenant al
Salvationists
Curtis
Port Jervis Bank
St. Andreasburg
Ludlam
Broomfield