Bearish Interests Move in Stock Markets Across Cities
New York shows total sales of 860000 shares with Reading common leading activity at 170400 shares. Boston reports 42273 shares with Steel common at 7214. year to date totals place New York at 11258100 and Boston at 588849. Major gains include Northern Pacific in New York and Calumet & Hecla in Boston. losses feature Baltimore & Ohio in New York and Anaconda in Boston. Call money runs 2-4% across cities with ex-dividend notes and shifting time money.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading Common
Boston Steel Common
Northern Pacific
Baltimore & Ohio
Calumet & Hecla
Anaconda
Time Money
Market Bull Run Stimulated by Large Bank Buying
A stubborn short interest expected to cover contracts amid a strong steel report fueled yesterday’s market surge. Heavy trading pushed Northern Pacific up over four points with confidence from major interests, while Union Pacific plans to double track spur added optimism for railroad stocks. Officials say January fraud orders will show rising tonnage, signaling a steel trade upturn and broader business gains.
MENTIONED IN THIS ARTICLE
Northern Pacific
Union Pacific
Missouri River
Local Market Surges as Bears Cover and Investors Buy
Local brokers report a broad market uplift led by coppers and industrials after heavy bear covering in New York. Buying by Boston interests in Shoe Machinery Chemical common and copper shares like Utah Consolidated spurred a strong day with 42 273 shares traded and most issues near day’s high.
MENTIONED IN THIS ARTICLE
Calumet & Hicda
Calimet & Heeda
Bears
New York
Shoe Machinery
Chemical Common
Massachusetts Electric Common
Utah Consolidated
Lake Mining
Arizona Commercial
Steel Common
East Butte
Amalgamated
North Butte
Simperior & Pittsburg
Swift Rights
Bohemia drill rumors lift stock at Boston Curb Market
Rumors that Bohemia struck ore with its No 5 diamond drill pushed the stock higher from 31-4 to 2-8 before closing at 4-4. Trading was mainly in odd lots with irregular price movements across the list, except possibly Amalgamated Nevada Humboldt Smelters and Inspiration, whose activity varied. Details show fluctuations in minor prices.
MENTIONED IN THIS ARTICLE
Humboldt Smelter
H. RE. Stephenson & CQ
Hoston Curb
State St
Hoston MACKINAW _ Belling
Boston
Saga
John
Knight
Bohemia
Nevada
Humboldt
Bond Market Notes On Railway and Railroad Bond Issues
N W Harris Co announces sale of entire 15 million Chicago Railways 6 percent bonds. Marlboro Mass treasurer bids on a temporary 80 thousand loan maturing 40 thousand Nov 7 1911 and 40 thousand Feb 1 1912. Brown Brothers offers 5.04 million 4 percent first mortgage 60 year bonds of Winston Salem South Sound Railway at 96 with guarantee by Norfolk and Western and Atlantic Coast Line. Bonds secured by first mortgage on 88 miles linking the two railroads to move Pocahontas coal to South Carolina and Georgia cities.
MENTIONED IN THIS ARTICLE
Ae l
Allis Chaim
Bob
Soo Atlan Coast
Balti & Ohio
Bethlehem Steel
Pacific
Central Leather
Chesa & Ohio
Ohio West
CM & St P
Chicago & NW Ou
Colo Buel & Tron Bel
Seeurl
GU Gos
Evans & Terre U Bue
Federal
Goldfield Cou
Illinois Central
Town Central
Kans City
Luciede Gis
Lackawanna Steel
Loke Erie & W
Yoo Valley Pidhy
Lehigh
Lowuls & Nash
Mackay
Tang Pd Mer Marine Po
Minn & St Louis
Texas
Missouri Pacific
Nelly & Ha
Norfolk & West
Philadelphia
Pittsburg
Loly
Sly
St Louis Southw
Sloss
Sheffield
Southern
Southern Ry
Tennessee Copper
St S & W
Agi
Twin City RT
Sinion Pacific
Tj Cigar
US Realty
UDS& Steel
Utah
Marlboro
Mass
Brown Brothers & Co
Winston-Salem South Sound Railway Company
Norfolk& Western Railroad
Atlantic Coast Line
First Mortgage
Norfolk & Western
Pocahontas
South Carolina
Georgia
Merger conflict risks for Calumet & Hecla loom
Boston Financial News notes opposition by Osceola interests can block the Calumet & Hecla merger if they hold two-fifths of any one stock. The Post warns changing terms of one company affects all, potentially abandoning the overall plan. The piece also reports leadership changes at Brooklyn Rapid Transit and personnel moves at Read & Co. plus minor rights and ore shipment details.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Boston Financial News
the Post
Osceola
Copper Concentrates Shipments Resume as Weather Improves
Concentrator will restart when conditions allow. Rosalie drift stands at 550 feet with assays near 21.2 percent copper. Footwall reveals substantial native copper. Bonanza tunnel work advances slowly due to high water flow. Sathleen tunnel north crosscut in black granite shows good mineralization.
MENTIONED IN THIS ARTICLE
Rosalie
Bonanza
Sathleen
Quotations Furnished by GUANDSEE BROS
Quotations furnished by Guandsee Bros of Milk Street Boston Mass appear in this item.
MENTIONED IN THIS ARTICLE
Guandsee Bros
Milk St
Boston, Mass
Massachusetts Bonding & Insurance Co Third Annual Statement
The third annual statement for the Massachusetts Bonding & Insurance Co covers the year ending December 31, 1910. It shows assets of 1 268 353.25 and policyholders surplus of 764 129.20. Premiums written in Massachusetts in 1910 totaled 210 353.00.
MENTIONED IN THIS ARTICLE
Massachusetts Bonding & Insurance Co
J. Wabvey
Massachusetts
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