Erratic Stock Moves Mark Day of Mixed Signals
Prices moved erratically with New York and Boston volume heavy led by North Butte and Steel common. The presidential message steadied sentiment, while NC headlines and North Butte dividend rumors fueled declines before late-session gains.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
North Butte
U. S. Express
Steel Springs
Boston & Maine
Osceola Consolidated
Call
Time
Public Opinion Moulder No. 11 and Taft's Message
Thomas W. Lawson promotes Public Opinion Moulder No. 11 as a tool to push Taft's vigorous message to Congress. He warns rapid passage could break monopolies in steel beef oil sugar and banking and benefit workers by lowering prices and raising wages. He urges labor groups reform clubs and others to distribute copies widely.
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Taft
Congress
Thomas W. Lawson
New York bankers discuss reformation of Steel pool leaders
Rumors spread of breaking up the old Steel common pool with a new one possible by early date. Reported interested parties include Frank A. Munsey, Judge Gary, Henry Frick and George W. Perkins as prominent backers.
MENTIONED IN THIS ARTICLE
Steel Common
Frank A. Munsey
Judge Gary
Henry Frick
George W. Perkins
Boston curb market active with mixed showings
The Boston curb market stayed active with broad trading and fractional price declines. Leaders included Ray Central Champion Copper Cactus Development Boston Ely Inspiration China Ohio Copper and Ely Central as over 23 000 Champion shares traded from 11 12 to 14 cents, with full curb list fluctuations detailed.
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Corbin
Oldfield
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Wv Mines
Ossie
Douglas
Utah
Oneco Ohio Copper
San Sofia
South Lake
Southwest Devel
THO Superior Globe
Union Copper
Business Outlook for 1910 Predicted As Optimistic
R G Dun & Co reports the weekly trade review for January 1910 shows the year opening with broadly auspicious prospects. Lessons from prior years noted, with 1907 strong, 1908 crash, and slow 1909 recovery, contrasted by 1910 optimism and high transaction volume across trades. Footwear trade remains quiet though activity expected as holidays pass, while wholesale dealers anticipate Boston market arrivals. Leather buyers delay purchases amid expectations of a weaker market aligned with hides’ declines.
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New York
R. G. Dun & Co
Review of Trade
Boston
Hibbard Paid Large Sums for Hotel Expenses in City Records
City records show Mayor Hibbard and officials charging hotel expenses for entertaining guests. The Bellevue and Brunswick items include telegraph, carfare, express and incidentals. Notably 4666.44 paid to Assistant Secretary Boudrot and 882.50 to Secretary White cover miscellaneous costs and travel.
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Boudrot
William A. Boudrot
White
Boston
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Union of North America
Grand Total
Bond Market Notes From New England Yearly Deals
Malden Massachusetts grants temporary loan of 150000 to F S Moseley Co at 3.99 percent discount plus 3.50 premium. Windham Connecticut treasurer rejects bids for 100000 of 4 percent high school bonds dated January 1 payable 1940. Quincey Massachusetts awards 20000 of 4 percent schoolhouse bonds dated December 1 1909 to William A Read Co at 101.835. Bay Central Copper Co reportedly to issue 2000000 in near future.
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Bradstreet's Review: Trade opens with lull but optimism
Bradstreet's State of Trade reports a perceptible early 1910 lull amid severe cold and snow slowing transport and country trade. Retail demand edges up on weather boosts and winter clearance sales. Wholesale orders and jobbing reorders falter, collections slow due to mail and farm product movement. Cotton goods prices rise yet not all lines accept higher costs. shoe price talks planned in Boston. Week’s failures total 271 vs 329-435 in prior years.
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Bradstreet
Boston
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