Prices of Stocks Break Sharply in New York and Boston
Total sales in New York reached 996 700 shares and Boston 39 620 shares with steel common as the most active issue in both exchanges. January 1 to date totals show New York at 19 516 600 and Boston at 1 045 929 shares, while last year’s comparison lists New York at 38 857 100 and Boston at 3 091 624. Major gains and losses list N Y C S T L 2d pref rising 7 to 8 7 and Detroit United By dropping 5 to 69. Osceola Consolidated up 5 to 113 and Old Colony R A down 3 1/2 to 18 3 1. Additional call money in New York 2 3/4 to 3 percent and in Boston 2 1/4 to 3 percent. Time money in New York 2 3/4 to 3 3/4 percent and in Boston 3 1/4 to 4 1/2 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
N. Y
Detroit United
Osceola Consolidated
Old Colony R. A
Atchison Ee Rteese
Boston & Albeee
Boston Eley
Boston & Lowell
Boston & Maine
Union Pacific
West End
Nash & R
Alloues Se
Butte Coalition
Cal & Arizona
Cal & Heela
Fee Vio Franklin
Stanley Ste Eee
Greene Cananea
Mass
Mexico
Nevada
Eenee
Nipissing North Butte
Old Dominion
St Sete
Mary's
Utah
Wsnee
West
Edison
Georgia
Pullman Co Senor
Reece
Hole
Seattle Electric
Torrington
United Fruit
United Shoe Ma
Algomah
Gulf
Boston Corbin
Butte Baliak
Big East Butte
Giroux
Miami Copper
New Arcadian
North Lake
Ojibway
Pr Steel Carps
Ray Consoleee
Sup & Boston
Sup & Pitts
Swift & Co
U S
Utah Apex
Wall Street Plunges Then Rebounds After Sweeping Market Selloff
William E. Soule reports a dramatic morning slump as major stocks tumbled after a strong selloff driven by a commission decision. Within 15 minutes roughly 200 million dollars in market value vanished across steel, Reading, Union Pacific, and copper shares, with trading volumes spiking before a partial recovery and a calmer late-day tone as buying returned and short covering increased.
MENTIONED IN THIS ARTICLE
Wall Street
London
Reading
Union Pacific
Local Market Shows Mixed Declines and Calumet Influence
Steel common fell while Osceola Consolidated rose, reflecting a sharp contrast in yesterday's local market. The day centered on a railway rate decision with some talk of a Calumet & Hieda merger disruption due to a St. Mary’s Mineral Land suit, quickly denied. Boston stocks remained strong though some losses occurred, and overall declines were modest compared to New York.
MENTIONED IN THIS ARTICLE
Osceola Consolidated
New York
Calumet & Hecla
Calumet & Hieda
Wall Street Reacts to Interstate Commerce Decision
Wall street commentary from W F Fitzgerald and Stephen R Dow analyze the Interstate Commerce Commission ruling on freight rates. They note possible insulation for railroads, investor sentiment, and effects on capital, wages, and future expansion, with comments on Union Pacific Southern Pacific Reading Louisville & Nashville and Pennsylvania. Corbin reports ore levels and the British Columbia Copper Company posts January profits.
MENTIONED IN THIS ARTICLE
Wall Street
Stock Exchange
Interstate Commerce Commission
Union Pacific
Southern Pacific
Reading
Louisville & Nashville
Pennsylvania
Interstate Commerce
Commerce Court
Martin Knapp
Louisville
Missouri Pacific
Supreme Court
New York
British Columbia Copper Company
Boston Market Report Shows Mixed Stock and Bond Activity
The Boston Market for Feb 24 reports ex-dividend conditions with total sales of listed stocks 25,918 shares, unlisted stocks 13,702 shares, bonds at 97,000 dollars, and rights 59. The brief notes the day’s price movements and comparison to the prior close.
MENTIONED IN THIS ARTICLE
Boston
Gulf
Ealt & Ohio
CB & Q
Ch & W M
Ill Steel
Kcfs&m
West T & T Ss
Century Safety Razor
James Shay & Co
State St
Devonahire St
Calumet & Arizona to remodel Douglas smelter after absorption
Calumet and Arizona plans to enlarge its Douglas smelter to expand operations following its absorption of the Superior and Pittsburg. The Warrior Development Company ships 125 tons daily of ten per cent chrysocolla to the El Paso smelter, with 110 workers on site and ongoing underground exploration. Manager Emerson of the Boston &...
MENTIONED IN THIS ARTICLE
Calumet & Arizona
Douglas
Arizona
Superior & Pittsburg
Warrior Development Company
el Paso Smelter
Boston curb market steady amid price recessions on exchanges
In view of severe price recessions on the larger stock exchanges the curb market remained firm. Activity was heavy though not as strong as recent days, with keen interest in a possible weak spot. Chino, Mackinaw and McKinley Darragh led the day as fluctuations across the curb list were detailed.
MENTIONED IN THIS ARTICLE
Chino
Mackinaw
McKinley Darragh
Bond Market Notes Newport Bid Date Set for 40000 Loan
Newport Rhode Island invites bids by March 2 at 5 p m for a temporary 40000 loan maturing September 1. Speyer and Co offer 10 million dollars of St Paul and Kansas City Short Line Railroad first mortgage 4 1 2 percent bonds due 1941 at 93 1 2 to yield 4 90 percent. The issuer is controlled by Chicago Rock Island and Pacific Railway which guarantees principal and interest. The issue has a 30000000 cap and may be redeemed at 105 in full. 5000000 is reserved for London.
MENTIONED IN THIS ARTICLE
Speyer & Co
St. Paul & Kansas City Short Line Railroad Company
First
Chicago, Rock Island & Pacific Railway Company
London
Bradstreet's Report Indicates Brighter Trade Conditions
Bradstreet's State of Trade reports brighter weather and February's close boosting active house jobbing at major markets. Wholesale millinery openings draw notable trade while agricultural supplies, seeds, and fertilizers lead activity. Export data show wheat and corn shipments up year over year and spring Canadian trade opening solid. overall prices drift lower.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Canada
United States
Telegraph
Bradstreet’s
Montreal
AS DUN SEES IT Steady Progress Toward Normal Conditions
Dunn and Co weekly trade review notes gradual return toward normal conditions with steady improvements in demand and activity across sectors. Economic outlook remains cautiously optimistic as inventories adjust and consumer spending stabilizes ahead of spring.
MENTIONED IN THIS ARTICLE
New York
R. G. Dunn & Co
Trade Activity Shows Mixed Progress as Iron Sector Leads
The article notes steady to slow overall business with iron and steel activity leading gains. Production capacity use rises, wholesale dry goods stretch, but cottons and denim soften amid anti-option legislation affecting cotton trading. Leather demand stalls despite higher hides sales. discounts create bearish sentiment in farm commodities.
MENTIONED IN THIS ARTICLE
Fall River
Protesting Circular Critiques Osceola Merger Plan
Tucker, Hayes & Co publish a Boston Stock Exchange circular opposing Calumet & Hecla merger terms for Osceola Consolidated Mining. It warns Osceola loses its existence and earnings while gaining a one seventh stake in the consolidating firm, with 46,000 new Calumet shares issued for other firms. Stockholders are urged to appoint Tucker or Currier as attorneys to vote at the March 9 meeting.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Tucker, Hayes & Co
Osceola Consolidated Mining Company
Calumet & Hecla Mining Company
Calumet & Hecla
Osceola Company
Consolidated Company
Osceola
H. A. Tucker
Guy W. Currier
Dividends Declared by Major Mines and Rail Firms
Goldfield Consolidated Mines declares 80 cents quarterly plus 20 cents extra for stock of record March 31 with April 30 payment. Canadian Car & Foundry 134 per cent preferred quarterly with April 26 payment. Chicago, Milwaukee & Puget Sound Railway initial dividend of 2 per cent. Nevada Consolidated Copper quarterly 37 12 cents with March 81 record and March 22 reopen. Utah Copper quarterly 16 cents with March 11 record and March 22 reopen.
MENTIONED IN THIS ARTICLE
Goldfield Consolidated Mines Company
Canadian Car & Foundry Company, Ltd
Chicago, Milwaukee & Puget Sound Railway Company
Nevada Consolidated Copper Company
Utah Copper Company
Calendar for Today and Market Notes
Calendar brief noting People’s Gas price at 184 percent, books closing for Copper Range Consolidated and Delaware & Hudson. Ex-dividend for Federal Mining and Quincy Mining.
MENTIONED IN THIS ARTICLE
Copper Range Consolidated
Delaware & Hudson
Hungarian Polyglot Charged with Vagrancy in City Court
Michael Groszmann a 24 year old native of Hungary and master of six languages was arraigned in Municipal Criminal Court before Judge Murray on a vagrancy charge. He said he had not eaten for two days and could not find work. Officer McCaffrey arrested him and Max Mitchel of the Associated Jewish Charities promised work, leading Judge Murray to place him on probation.
MENTIONED IN THIS ARTICLE
Michael Groszmann
Hungary
Municipal Criminal Court
Murray
Rottenberg’s Bank
Salem Street
McCaffrey
Groszmann
Max Mitchel
Associated Jewish Charities
Funeral of Ex Mayor Walker of Malden
Funeral services for ex mayor Clarence O. Walker of Malden were held at the First Congregational Church with Rev H H French officiating and the Franklin Male Quartet singing. City business paused and flags flew at half mast as current and past officials attended.
MENTIONED IN THIS ARTICLE
Walker
Malden
Clarence O. Walker
First Congregational Church
H. H. French
Franklin
Fall
Also Mentioned on This Page
Carolina Power and Light Company
Raleigh
Durham
North Carolina
General Electric Company
E. H. Rollins & Sons
Devonshire St
Boston, Mass
William E. Soule
Rock Island
Sapasten
Southern Railway
Mion Pacific Ee
Pertaconin Central
Henry E. Hammond
Firm
F. A. Schirmer & Co
W. F. Bartholomew
of Thompson, Towle & Co
Stephen R. Dow
Ss. R. Dow & Co
W. F. Fitzgerald
Fitzgerald, Hubbard & Co
Miller & Co
Commission
I. M. Taylor
M. Taylor & Co
Corbin
Boston Clearings
Sub-Treasury
New York Clearings
New York Sub-Treasury
Aterling
Renee Anne
Sinelt & R
East
Ohio
Batopilas
Beth Steel
Bklyn
CM & S&s
Duany
Goby
Distillers
Ss & A
S&m
Lehigh
Mo Pac
Nash C & St L
Nat Biscuit
C&s L
NE & H
Nor & West
Penn Sewer
Rutland
Copperacific
Texas A
the Texas Co
Third Ave
SL & W
Twin City Rms
U S Steel
Maryland
West Union
Westinghouse
Eee
Wis Central
Fox
Ieee
Nor & Weet Pac Coal
Nor Pac Ist
Pac Tel & Tel Ss
Lim&suni&ref Ne
ASL
lLine
Union Pac
stew tees _s
Westingh Kl & Mfg
Wheel & IL
RG Wiscon Cent
Chas. A
State Street
Telephone Main
Cssreres
Seeree
Jan le
Ener
Manager Emerson
The
Room
Nevada Ee
Arizona Mines
Bay State Gas
Bingham Mary Vee
Bluebell Wesee
Bohemia Caer
Butte Central Geen Sats OM
Calaveras
Corbinese Everee
Cortez
Crown Reserve
Davis Daly
Aeree
Domin Syndicate
Ely Consol
First Nat
Vie Tos Goldfield Consolae
Humboldt Ee My
TOO Inspiration
Kruger Eeeene
Laramie Eenenee
Ia Rose
Do Buyer
Mackina Ate
South Lake
Verdets Com
Metibek
NEW York Bonds
Milk St
Adams Express Co
Allis Chalmers
Amer Hide & Los
Amer Ag Chem
Do Collar Trust
Am Tobacco
Ak Ann Arbor
Armour
Eee Ee
Ni Amer
AT & SF Gen
Weenee
At Coast L
Do L & N
Ealt & Ohio Gold
Bethlehem Steel
Brooklsn RT
Bkin Union el
Bus & Susque Gas
Calif Gas
Wee
Vermont
Ohes
CM & S P
Ao Wis & Minn
Gt West
1&P
Cel & Son
del & Hudcony
Detroit Gas
Tao Nebee Distillers
Havana
Low Island Werry
K & Tex
Newport
R. I
British Columbia
Chicago
Cobalt Central
Ely Central
Ely
Greene Cananeéa
Inspiration Weer
Kerr Lake
Miami
Utah M
Nipissing M Co
Union Mines Sae Ee Ms
Yukon
Salt Lake
Charlies A. Stoneham & Co
Acer
Grand Central
Nas
Iron King Settee
Lower Mammoth
Mae ES Savas Euscik
Nevada Hills
Renee Ose
Columbus
Raha Oa
Wienea
Eeeer Reer
Dun
People’s Gas
Federal Mining
Quincy Mining
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!