Dull Trading Yet Prices Rally on Late Short Covering
Stock market ends the day with a mixed tone as dull trading gave way to a late rally driven by covering of short positions. Copper stocks led gains while financiers kept funds tight with call loans around 10 percent. Amalgamated, Copper Range, Parrot, Bingham, and Centennial posted modest advances amid cautious earnings and speculation. Brooklyn Rapid Transit and Manhattan moved higher on bullish talk, though some observers cautioned against concentrations of optimism. Sugar rose on short covering, while other names like St. Paul, Canadian Pacific, Louisville & Nashville, Rock Island, and Tennessee Coal and Iron posted gains. Banks remained wary of liquidity drains, keeping money scarce and rates elevated.
MENTIONED IN THIS ARTICLE
Amalgamated
Parrot
Bingham
Centennial
Calumet & Hecla
Tamarack
Bigelow
Brooklyn Rapid Transit
New York
Waldorf
Manhattan
St. Paul
Canadian Pacific
Louisville & Nashville
Rock Island
Tennessee Coal and Iron
Copper market optimism and January mine plans in Boston area
The American metal market expects a January upturn in copper prices if current selling pressure eases, with higher values in the U S and Europe. The Champion mine will add a second shaft January 1 and a third February 1. 120 tons of mass rock were removed this month. The Boston & Worcester Street Railway seeks a $250000 capital increase to $1000000, with no opposition. United States Realty and Construction declares its first dividend of 1125% quarterly, payable January 2. Corbett's Herald Company pays 12% annual dividend January 1 to shareholders of record December 31. On the curb, 1000 Bay State shares sold at 75 cents. Greene Consolidated traded at 24 87/2 and 25. Heath.
MENTIONED IN THIS ARTICLE
Boston
New York
Europe
Champion Mine
Mass Rock
Champion
Boston & Worcester Street Railway Company
Railroad Commissioners
United States Realty and Construction Company
Building Trust
Corbett’s Herald Company of
Providence
Bay State
Greene Consolidated
Heath
Boston Stock Sales Report Closes With Wide Activity
Boston stock market summary for December 24 shows a wide range between highest and lowest sales, with closing bid and asked prices reported. Market activity reflected by fluctuating quotes and notable price movements across leading issues.
MENTIONED IN THIS ARTICLE
Boston
Welane Tadaws
Christmas in Boston Brightens With Massive Charities
The Salvation Army and Volunteers of America organize a city wide Christmas o utreach giving 8000 children trees 1100 clothing articles and 1000 food baskets. Numerous churches plan high mass services musical programs and 25th anniversaries across Roxbury Back Bay and other neighborhoods. Community groups host dinners and entertainments at the Denison House Home for Aged Women and St. Marys end with a festive program.
MENTIONED IN THIS ARTICLE
Salvation Army
Mechanics’ Building
Volunteers of America
Pleasant Street
St. Paul’s
Boston
St. Cecelia’s Church
Back Bay
Shawmut Avenue
Grove Hall
People’s Temple
Columbus Avenue
Berkeley Street
St. Ann’s Church
Roxbury
Trinity Church
Copley Square
Emmanuel Church
Denison House College
Tyler Street
Church of the Immaculate Conception
Harrison Avenue
Boston Festival Orchestra
House of the Good Samaritan
McLean Street
Home For
Revere Street
St. Joseph’s
Brookline Street
Enterprise Legal and Athletic Club
Summons Out for J Pierpont Morgan in Damages Suit
In New York a summons was issued in Seventh District Municipal Court demanding J Pierpont Morgan appear in January to answer a $250 damages suit brought by Dr Harris Nevenson of Nevenson Brothers pharmacy. Nevenson claims his rear apartment lacks heat due to coal shortages and accuses Morgan of negligence. Blumenthal, counsel, advised tenants to seek recovery for coal costs and related medical bills.
MENTIONED IN THIS ARTICLE
York
Seventh District Municipal Court
J. Pierpont Morgan
Harris Nevenson
Nevenson Brothers
Park Avenue
Morgan
Daniel W. Blumenthal
Nassau Street
Nevenson
No. 1441 Nast Seventy-fourth Street
Blumenthal
Service at St Anne s announces Xmas in Roxbury
St Annes Protestant Episcopal Church on Hast Cottage street Roxbury was among the first in the city to mark Christmas with a midnight bell pealing peace and good will and the congregation sang Adeste Fidelis.
MENTIONED IN THIS ARTICLE
St. Anne’s Protestant Episcopal Church
Hast Cottage Street
Roxbury
Midnight Mass At Carmelite Convent In Roxbury
Midnight mass was celebrated in the Carmelite Convent Roxbury by a Redemptorist priest from the Mission Church. The services were not public.
MENTIONED IN THIS ARTICLE
Roxbury
Mission Church
Dutch Steamer Merida Probes Blockade At Sea
The Merida of the same line left Willemstad for Maracaibo to test if the blockade remains effective. La Guaira citizens blame Signor De Riva and Herr von Pilgrim-Baltazzi for fort swelling at Puerto Cabello, fearing demonstrations. President Castro departed for La Victoria and is to return to Caracas this afternoon.
MENTIONED IN THIS ARTICLE
Merida
Willemstad
Curacoa
Maracaibo
la Guaira
Signor de Riva
Herr von Pilgrim-Baltazzi
Caracas
Puerto Cabello
Castro
la Victoria
Venezuelan blockade affects mail routes from Europe
The post office department announces that mail boats from Bordeaux and Marseilles will no longer stop at Puerto Cabello and Carupano. All correspondence to Venezuela will be diverted to Fort de France, Martinique, as the blockade takes effect.
MENTIONED IN THIS ARTICLE
Paris
Postoffice Department
Bordeaux
Marseilles
Puerto Cabello
Carupano
Venezuela
Fort de France
Martinique
Powers Proposal Recevied to Arbitrate Venezuela Dispute
Washington dispatch reports the formal proposals from Great Britain and Germany to President Roosevelt to act as arbitrator in the Venezuelan dispute. The note requests arbitration with a form allowing outright acceptance or rejection, and hints at unspecified limits and speedy action to prevent incidents at the blockade.
MENTIONED IN THIS ARTICLE
Washington
Great Britain
Germany
Roosevelt
State Department
Venezuela
President and Hay in talk over arbitration offers
The President and Secretary Hay discussed the British and German proposals for arbitration in the Venezuelan claims dispute. They reviewed the communications closely, with the outcome and any public disclosure not announced. Hay indicated there was no news tonight.
MENTIONED IN THIS ARTICLE
Washington
Hay
Great Britain
Germany
White House
Revolutionists Prepare Fresh Attack on Castro
From Willemstad Curacao Dec 23 The revolutionists boosted by arms smuggling gains and the lack of a government fleet declare they will strike Venezuela’s Castro. Government forces number 300 at Barquisimeto and 250 near Caracas, with rebels planning a three road march on Caracas as Matos and Castro face perilous prospects. General Matos is to leave Curacao soon.
MENTIONED IN THIS ARTICLE
Willemstad
Curacoa
la Guaira
Castro
Venezuela
Matos
Barquisimeto
Caracas
la Victoria
Crisis at Caracas as 6200 rebels march on capital
A Caracas dispatch reports three rebel armies totaling 6200 advancing from Alta Gracia and Guatire toward Caracas. The populace lacks funds to support the government. President Castro plans to depart for La Victoria to halt the revolutionaries' advance.
MENTIONED IN THIS ARTICLE
Willemstad
Curocoa
Caracas
Alta Gracia
Guatire
Venezuela
Castro
la Victoria
The Boston Chinamen’s Idea of Christmas Translation
Leong Bing of Boston’s Chinatown offers a satirical Christmas translation claiming the holiday symbolizes sorrow in China dating to Foo Kee, 2000 years before Confucius. The piece asserts Christmas signifies destruction and vegetation above ground dies.
MENTIONED IN THIS ARTICLE
China
Foo Kee
Confucius
Leong Bing
Boston
Chinatown
Easy wash day with Fels-Naptha soap
Advertisement notes Fels Naptha as a back-saving and clothes-saving soap for easy wash day and asks readers to avoid hot water.
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