Sharp Declines in Prices of Stocks
Reported heavy trading in New York and Boston with 1,258,500 shares in New York and 116,761 in Boston. Sloss Sheffield and North Lake Mining show notable gains while Consolidated Gas and Calumet & Hecla Mining post losses. Money rates move and reflect broad market decline across separate exchanges.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
North Lake Mining
Sloss Sheffield
Consolidated Gas
Osceola
Boston & Maine
Allouez
Calumet & Hecla Mining
Cali Money
Time
Stock Market Declines Amid Broad Liquidation After Rock Island Rise
London buyers drive Rock Island gains while fears over Supreme Court rulings and government actions weigh on market. Major issues including Consolidated Gas Reading and Union Pacific fall as stop loss orders fuel a bearish late session. twenty five leading stocks average settles near 195.68 with losses of 2.4. Money on call stands at 3 1 2 percent.
MENTIONED IN THIS ARTICLE
State Street
London
Rock Island
Rock Island Common
F. S. Pearson
Steel Common
Reading
Union Pacific
Southern Pacific
Supreme Court
Standard Oil and Tobacco
Consolidated Gas
Brooklyn Rapid Transit
Amalgamated
Smelting
Atchison
Chesapeake & Ohio
St. Paul
Utah Copper
Wabash
Pennsylvania
New York Central
Northern Pacific
Great Northern
Westinghouse Electric
Copper stocks swing with gains and later decline in morning trading
Local copper shares rose early led by Franklin and Superior before selling pressure pulled prices down. North Lake and Lake Copper fell from highs, while Amalgamated and Winona also dropped. Market sentiment stayed cautious as copper stocks discounted future earnings. broader industrials showed weakness.
MENTIONED IN THIS ARTICLE
Franklin
North Lake
Lake Copper
Winona
Amalgamated
Steel
Allouez
Calumet & Hecla
Chemical Common
Telephone
Boston & Corbin
Boston Consolidated
Boston & Maine
Miami
Osceola
North Butte
Butte Coalition
Superior
Smelting Common
la Salle
Coal & Oil
Ojibway
Stock Moves and Dividend Notes Across Rail and Steel Firms
Stock market chatter reports a $300 share price with a 40 percent cash discount and new stock issue equating to about 120 percent cash dividend. Boston & Lowell seeks 2700 new shares while Maine railroad plans improvements. Eight months 1909 profits at American Pneumatic show a strong rise, with net income up to $167,458. Provo mines shift to quarterly dividends, and iron and steel names indicate robust order books for months ahead. International Harvester outlines a 20 million share stock increase plus a 4 percent dividend from earnings. Formal action on dividends slated for January 29 board meeting.
MENTIONED IN THIS ARTICLE
American Pneumatic Service Company
Provo
Sioux Consolidated
Colorado
Ron Blossom
Grand Central
Victoria
Columbus Consolidated
Bethlehem Steel
International Harvester
Market Wrap: Stock and Bond Prices and Day’s Sales
The Boston Market records the day’s stock and bond price movements and total sales in a detailed table. It lists prevailing prices and trading volume across listed securities, reflecting market activity on Jan. 14.
MENTIONED IN THIS ARTICLE
Boston
Boston curb market brisk early gains and later profit taking
Boston curb market reports persistent demand for Indiana Oneco and South Lake with early price gains. Cala veras Inspira tion and Corbin sold well, while Cortez Mines and Davis Daly weakened to 4 and 3 respectively as broader list fluctuated.
MENTIONED IN THIS ARTICLE
Boston
Indiana
Oneco
South Lake
Calaveras
Inspiration
Corbin
Cortez Mines
Davis Daly
Melrose Bond Sale and Massachusetts Notes Auction
Melrose Mass sells 5000 four percent bonds dated 1909 to William A Read & Co at 103 517 others bids down to 103 13 Five other issues including 3 7 million four and a half percent Massachusetts Electric notes sold and a Ray Consolidated Copper refinancing plan announced Pittsfield treasurer invites bids for 33000 four percent water bonds 1910 15 and 1916 plus 100000 four percent water bonds 1913 32 and 142000 four percent school bonds 1910 23 and 1924 NYSE lists New York Telephone Company four percent mortgage bonds due 1839.
MENTIONED IN THIS ARTICLE
Boston
Melrose
Mass
William A. Read & Co
Pittsfield
Dun and Co Weekly Trade Review Describes Heavy Demand
R G Dun and Co reports a seasonally quiet but normal overall trade tone with heavy volume outside New York and strong railroad earnings in early January. Pig iron demand rises while cotton goods see mixed activity, prints fetch higher prices, and future discounts ease. Leather and hides markets show activity with potential price gains. failures rise in the United States versus last year.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
San Domingo
South American
Southern Mills
Boston
United States
Canada
Bradstreet's Review of State of Trade Reflections
Bradstreet's reports varied business and weather impact on trade and transport. It notes fair wholesale spring orders, active indoor industries like iron steel and shoes, and record price levels with strong cereals but weaker copper late in the period. Exports for wheat and corn are compared to last year with weekly and 28 week totals. Business failures rise modestly. Canadian trade remains sound. travellers report spring bookings and reorders.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Canada
Telegraph
Bradstreet’s
Dividends Declared by Several Firms This Quarter
Guanajuato Power & Electric Co declares quarterly 1 percent preferred dividends on Feb 1. Boston Land Co pays 25 cents to stock of record Jan 31 with Feb 15 payment. Dominion Coal Co declares semi annual 3.44 percent with books closing Jan 21 and reopening Feb 1. Sears Roebuck & Co declares quarterly 1 percent common dividends to stock of record Feb 1.
MENTIONED IN THIS ARTICLE
Guanajuato Power & Electric Co
Boston Land Co
Dominion Coal Co
Sears, Roebuck & Co
Rev. Alexander McKenzie to resign Cambridge pastorate
The Rev. Alexander McKenzie announces he will resign after 23 years as pastor of the First Congregational Church in Cambridge. He plans to sail for Europe in July, spend summer there, pass winter in Rome, and return to Cambridge for retirement.
MENTIONED IN THIS ARTICLE
Alexander McKenzie
First Congregational Church
Cambridge
McKenzie
Europe
Rome
Man Hails Ad Transfer for $9.85 Overcoat
A man outside Wolf's on Hanover and Portland streets spots a $9.85 overcoat sale ad for a $15 protector. He claims his brother in Oklahoma sent the clipping and money to buy one and have it shipped, shocking the doorman.
MENTIONED IN THIS ARTICLE
Wolf's
Hanover
Portland
Oklahoma
Great Storm Disrupts Winship Co Sale At 71 Summer
The annual sale at W. W. Winship Company on 71 Summer street closes tonight after a storm disrupted plans yesterday and today. An array of attractive values remains, with genuine bargains available.
MENTIONED IN THIS ARTICLE
W. W. Winship Company
Summer Street
Also Mentioned on This Page
William E. Soule
James Phillips, Jr
Nevada Consolidated
Utah Consolidated
Guggenheim
Mr. Phillips
Phillips
Ely
Giroux Consolidated
Lake Superior
Ontonagon County
Michigan
Stephen R. Dow
The
R. M. Edwards
Ely Consolidated
Ruth
Ruth Estate
Ely Securities
Nehemiah W. Rice
Boston Elevated Railway Company
Mr. Rice
First National Bank
Boston Safe Deposit & Trust Company
United States Smelting, Refining & Mining Company
Boston H Elevated
Charles A. Hawley
Kountze Bros
New England
Farson, Son & Co
P. Chester Thompson
Calaveras Copper Company
Charles M. Hayden
Richard M. Atwater, Jr
Boston & Alta Copper Company
Mr. Atwater
Charles Head & Co
Charles Head
Pittsburg & Lake Erie Railroad Company
Boston Sub-Treasury
Sub-Treasury
Lake Superior District
Indiana Mining
Oneco Copper
New Baltic Copper
Charles A. Stoneham & Co
Ely Central
Mason Valley
B. H. Scheffels &Co
Broad St
Auerbach, MacKenzie & CO Commission Stock Brokers
State St
Brine Transportation Co
Harrison Loring, JR
India Street
Newbury Mining
Alfred EK Long & CO
Bostor
Calumet
Cop
Pers
Boston News Bureau
C. W. Barron
Rawhide Mining
Auerbach, MacKenzie & CO
Standard Amalgamated Exploration Corporation
Inter-Trust Security CO
Water St
Providence
Alfred E. Long & CO
State Bt
Chicago-N. Y
Mountain Lion Buy
Elms and Company
Msite
Boston & Lowell Railroad
Railroad Commission
Maine Railroad
Boston & Lowell
Steel Trust
Republic Iron & Steel Company
Atlantic Gulf
Central Vermont
M & St
Chi & West Mid
Ill Steel
Clint & S Ss. Ts
Atchison Sehen
Boston & Inane
Boston Elevated
Vitchburg
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West End
Tel & Tel
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Kerr Lake
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A. Aces
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Ever
Eee
Calaveras Enee
Eae
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Eereee
Chino
Sete Eene
Cobalt Central
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Majestic
RI Coal
Santa Ysabel
Superior Globe
Tenabo
American Amalgamated Copper
Ewe Ee
Car & Foundry
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American Tel & Tel
American Woolen
Anaconda Mining Co
Atchison Eer
Atlantic Coast Line
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TSI
Colorado Fuel & Iron
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Erie Ee
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Iowa Central
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Rock Island Co
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Virginia Carolina Chem
Do Tol
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Moe Aa
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Zim
Am Steel Foundries
Lacreile Gas
Green Bay
Interbor RT
Inter Met
Ewe
Int & G.N 2d
Iowa
KC Ft S & M
TE A Kings Co
Sta . “S
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Louis & Nash
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Met St Rygen
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NH & H
Sus & W
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Nor Pacific Gen
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Penney
Peo & Eastern Inc
Coos
Pitts
River West Ist
Rutland
St L
I M & So
St Lé&Ésf
St P, M & M Montext
San An & Ar
Tenn C & I de Bard
el Ry London
S Realty &Imp
Uu S
U S Steel Os
West Maryland
West Shore
BB & Co
Bay State Gas
Blue Bell
Boston Ely Tower
British Columbia
NEW York Bonds
Handler Bros. & Con
Milk Street
Allis Almers
Hide & Leather
Fegen
L&n
Ealt & Ohio G
Bway
Joe Ave
Brook
Brooklyn
Uuien el
Buffalo Gas
Central Leather
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Ches & Ohio
Seeree
Sewer Sty Fs
Nebraska Ext Ag
Pacific
Ind
Col South
Col & Sth
del Hudson
den & R G Ist
Bet
Det So
Ohio
Fort W & D C Gs
Shipbuilding
Am. Tel
Bell Tel
Penn
Hlec. Cos
Central Coal & Coke Com
Central Coal & Coke Pfd
Dist. & Print
Chicago & Alton
H. B. Claflin Co
Daly-West Mag
Denver
Rio Grande
Detroit
National Biscuit Com
National Carbon Com
N. BH. Tel
Tel
N. Y. Central & H. R
New Etis
Nova
C. Com
St. Louis Southwestern Pfd
Beattle Elec. Com
Union Bag & Paper
United Gas Imp
Car. Chem
Wells, Farge & Co
Western Union Teleg
West
Elec. & Mfg
I. du Pont de Nem
Georgia Ry
Elec
Car L
Toledo Rys. & Light
U. S. Rubber
U. S. Rubber Com
Massachusetts Electric Companies
Ray Consolidated Copper Company
New York Stock Exchange
New York Telephone Company
Kidder, Peabody & Co
Amer Tobacco
Brit Colum
Butte Coalition O
Chicago
Giroux Mining
Greene-Cananea
Nipissing M Co
Seee
Ohio Copper Rawhide Coalee
Silver Queen
Standard Oil
United Copper
Ewneare Bs
American Tel
American Telephone Co
Central of Georgia Uy Gros
DUN & CO
M’kenzie
Winship