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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 14, 1907
Page
10
The King Crowther Corporation sees a 2 cent per barrel oil price rise boosting profits for every delivered barrel. Rapid stock subscriptions push ownership beyond 1400, with investors optimistic about continued growth, dividends, and an open, publicity-friendly policy.
Traders push prices higher amid rumors of currency legislation and a potential dividend boost. Anaconda, Canadian Pacific, Union Pacific and American Locomotive lead, with Old Dominion and Arcadian among notable movers. The day ends active with gains and mixed profit taking, amid strong New York list influence and several corporate announcements.
The Boston Market column records the day’s stock and bond prices with total sales. The table lists railway shares with open high low bid and asked prices, including Atchison and Boston and Maine and Boston Elevated.
Boston February 13 1907 Trinity promoter argues profits from Trinity shares will soar as copper prices rise. He claims a long track record in copper shares and urges holders to take profits or hold for a surge beyond 100. He criticizes market naysayers and touts Trinity as a solid business with strong earnings.
A financial snippet lists total sales as bonds at $66 500 unlisted stocks 15 246 shares and listed stocks 2 275 shares.
Transactions were moderately heavy with most prices rising early and easing later. Davis Daly touched 191 4 as Boston Corbin rose to 91 4 and closed near 9. Superior & Pittsburg climbed to 285 8 before retreating. Ward Line gained from 301 2 to 311 4 while Greene Cananea slipped from 25 to 225 8. Fluctuations in details are given here with.
Yesterday's market in New York saw large buyers in key stocks and aggressive leadership lifting prices. Traders cited renewed confidence in currency reform proposals from the Senate finance committee and a brighter sentiment while actual conditions remained unchanged.
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