Wall Street Whistles Back Its Courage
A Wall Street market report describes a calmer morning after yesterday’s sharp selloff, noting easing money rates and gains in Union Pacific and copper stocks. It highlights Vanderlip Schiff commentary, stronger closing prices, and continued market strength into the afternoon with Amalgamated and Reading among leaders.
MENTIONED IN THIS ARTICLE
State Street
Schiff
Vanderlip
Anaconda
Amalgamated
Union Pacific
London
Reading
Pennsylvania
Steel
Schiff Reiterates Panic Prophecy On Currency Plan
New York January 5 Jacob Schiff warned that unless the national government soon devises a sound method to stretch the currency in times of need the next panic could be a disaster worse than any in U S history He would not work out details of a general currency plan but emphasized urgency and risk.
MENTIONED IN THIS ARTICLE
New York
Jacob Schiff
United States
Henry Siegel 4 Percent Interest on Deposits
Henry Siegel announces 4 percent interest on deposits from one to three thousand dollars. Money deposited by January 20 will draw interest from January 1. Deposits or withdrawals allowed without notice. Accounts can be opened and transacted by mail. Correspondence solicited during business hours 9 A.M. to 5 P.M. Arthur R. Morris, Cashier.
Boston curb market stalls amid dull day on Exchange place
There was a decided falling off in business volume on the Exchange place curb. Raven Mining was active and very strong, advancing from 51 8 to 6. Dealings in Utah Apex Shawmut and Majestic led in volume while East Butte declined sharply to 93 4 from its high 11 4.
MENTIONED IN THIS ARTICLE
Exchange Place
Raven Mining
Utah
Apex
Shawmut
Majestic
East Butte
Weekly Cotton Review Forecasts Market Slump on Government Report
The piece notes heightened foreign market activity amid post holiday delays and lingering stockpiles. It cites expectations of a ginners report around the 9th predicting 9.75 to 9.8 million bales, with any higher figure likely pulling prices lower. Trade remains cautious, with short covering and Indian cotton shifts shaping the outlook as mill takings and spinners’ demand press down on American cotton.
MENTIONED IN THIS ARTICLE
Liverpool
National
India
America
Chicago Grain Quotations and Market Analysis
Ennis and Stoppani note May wheat options with puts and calls amid strong opening. Bears pressured longs until May fell to a support level, then buyers returned and the market closed steady. Corn and oats eased early but recovered with fractional gains. provisions provided upward influence amid mixed foreign signals and Argentine reports.
MENTIONED IN THIS ARTICLE
Fanis & Stoppani
Chicago Board of Trade
State Mutual
Nera Veig Calsieca
UMC
Ennis & Stoppani
Sec
King's Financial Bulletin Explodes Banking Rots and Promoter Graft
The article lambasts the American banking system and major corporations including Chicago banks, AT&T, and U S Steel, condemning graft and corporate greed. It extols King's Financial Bulletin as a fearless investor paper offering free 1906 issues and urging readers to subscribe.
MENTIONED IN THIS ARTICLE
King’s Financial Bulletin
Chicago
American Telephone and Telegraph Company
United States Steel Corporation
Steel Trust
Carey
Mr. Carnegie
Gentle Christ
C. F. King
Journal Building
Boston
Mass
Experts Question Schiff Urgent Money Speech and Panic Warning
The quotation cites Thomas W. Lawson criticizing U.S. monetary conditions over the last 60 days as a disgrace and predicting a panic if currency conditions are not changed soon. The note mentions a former Treasury secretary advocating a more elastic currency without delay.
MENTIONED IN THIS ARTICLE
the Treasury
Schiffs Speech Signals System’s Wall Street Grip
A quoted exchange discusses the System manipulating stocks, margins, and insurance equities to shore up prices. Schiff is accused of inflating values to trap the public, while oppose Shaw’s plan for more elastic currency as safer and feasible. The debate notes lack of a government bank and calls for action to fix conditions.
MENTIONED IN THIS ARTICLE
Schiff
Wall Street
Jacob Schiff
Jakey
Rogers
Morgan
Stillman
Rockefeller
A. Barton Hepburn
Currency reform calls to end outmoded banking laws
Excerpts attributed to Lyman J. Gage and Frank A. Vanderlip urge rapid currency elasticity and removal of the sub treasury system. Gage labels current banking rules a hindrance to trade and urges a complete overhaul of bank note handling and government funds. Vanderlip suggests Schiff overstated danger. notes present currency system has caused trouble but may be near the end.
MENTIONED IN THIS ARTICLE
United States
Treasury
Frank A. Vanderlip
The
National City Bank
Justice seeks divorce over improprieties in Kitten game
Justice Edwin J. Rhoades asked a judge for a divorce today claiming his wife Hallie engaged in improper games with Attorney Albert H. Propper. The alleged game, called Kitten, involved them taking turns climbing a willow tree and jumping into each other's arms.
MENTIONED IN THIS ARTICLE
Chicago
Edwin J. Rhoades
Mack
Hallie
Albert H. Propper
Maine Central R A Exhibit At Sportsmen's Show
The Maine Central railroad displays a major hunting and fishing exhibit at Mechanics Hall featuring taxidermied game from its routes including moose caribou wolves bears and many birds, Sebago Lake fish, a log cabin, camp gear, and tracking guides. The booth, led by F E Boothby and A S Cobb, has drawn thousands and sold over three tons of hunting and fishing literature.
MENTIONED IN THIS ARTICLE
Mechanics’ Hall
Maine Central Railroad
Maine Wilds
Sebago Lake
Newfoundland
Huntsman
Somerset Railway
Oakland
Kennebec
Bingham
Maine
Pleasant Pond Mountain
Maine Central Road
IF. E. Boothby
Maine Central
Starry B. Coe
A. S. Cobb
Rangeley Lake
Boston
Fly Casting Contest Feature At Big Show
The fly casting contest at the Sportsmen's show drew 12 entries with three from New York. Colt McCarthy won first prize with two feet at 40, two feet at 50, and 10 feet two inches at 60. T. F. Baxter finished second and R. E. Follett third. judges were Dr. F. M. Johnson I. F. Wheeler and Dr. Heber Bishop.
MENTIONED IN THIS ARTICLE
Colt McCarthy
T. F. Baxter
R. E. Follett
F. M. Johnson
I. F. Wheeler
Heber Bishop
Leatheroid Mill Destroyed in Island Fire at Kennebunk
A fire destroyed the Island Mill of Leatheroid Manufacturing Co in Kennebunk Maine causing an estimated $20000 loss with $7500 covered by insurance. The wood building on a small island housed stock for other mills and will be rebuilt immediately while operations continue with ample stock on hand.
MENTIONED IN THIS ARTICLE
Kennebunk, Me
Leatheroid Manufacturing Company
Island
Gold watch and chain given to Frank E. Fish at Cotter's camp
Frank E. Fish of Cliftondale, longtime cattle dealer at Brighton stockyards, received a handsome gold watch chain and charm as a toast from friends at Cotter's camp in Lincoln. J. H. Devlin of Brighton presented the gift.
MENTIONED IN THIS ARTICLE
Frank E. Fish
Cliftondale
Brighton
Cotter’s
Lincoln
J. H. Devlin
Fish
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