Trading Still Heavy in Boston Copper Market
In Boston on January 16 traders faced a persistent bear mood as slipping Southern Railway and Erie signals, doubts on Amalgamated's dividend, and a rumored large stock issue fringe fear. Names such as Amalgamated, Arcadian, Copper Range, North Butte, Erie, St Paul, Union Pacific, Anaconda, and Trinity feature in a day of price declines and late rallies.
MENTIONED IN THIS ARTICLE
State Street
Southern Railway
Street
Pesident Finley
Erie Railroad
Amalgamated
Bears
Anaconda
Atchison
St. Paul
Erie
Reading
Union Pacific
Steel
New York Stock Exchange
Laurel Lake Mills
Commonwealth Trust Company
Thomas F. Cole
Cole-Ryan Copper
New York
MacNaughton
Calumet & Hecla Properties
Denton
Gar & Foundry
Ot Am Sugar Refining
Anaconda Mining Co
Atehison
Brooks Rapid Transit
Canadian Pacific
Chesapeake & Ohio
St Louis
Colorado Fuel & Iron
Colorado& Southern
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
Kansas City
Kansas & Texas
New York Central
Nyc
Ontario & Western
Norfolk & Western
Oor
Northern Pacifice
Ysty Soma
Rock Island Co
Sloss
Sheffield
St L
St Ton's Southwestern
Southernd Pacific
Texas & Pacificee Renee
Toledo
Weat
Ruabbey
Wabash
Virginia
Carolina
Chem. Ee
Westinghouse Electric
Western Union
Wheeling & Lake Erie
Chicago New York Electric Line stock offered at $32 a share
Three day offer for the Chicago New York Electric Air Line Railroad stock at 32 dollars a share with a 3.20 down and 3.20 monthly plan. Prices rise to 35 after Saturday. claims solid demand, strong earnings prospects, and rapid construction progress between La Porte Indiana and beyond.
MENTIONED IN THIS ARTICLE
Chicago
New York
la Porte
Ind
Pedpie
Jo Thalt
Chicago-New York Electric Air Line
Harriman
United States
Bria Steel Co
Milwaukee
Wis
Chicago-New York Electric Air Line Railway Company
Fy Sotgge Construction Company
Newark City
Modern Steel Construction Company
Waukesha
Goshen
Jonathan A. Price
Cooperative Construction Company
Waukesha Company
Carnegie Company
R. R
Boston
R. R. Stock
Hancock and Co.,, Inc
Old South
Washington St
Milk St
Howard Nat’! Bank
Burlington
Exchange
Manchester
N. H
Phenix
Springfield
Mass
Hartford Trust Co
Hartford
Conn
First Parish
Brockton
Exchange St
Portland
Proctor
Lynn
Banigan
Providence
Archer
Rock St
Fall River
Stocks Sell Freely on New York Exchange as Rail Stocks Slump
Heavy liquidation hit the New York Stock Exchange amid renewed demand for railroad capital. Morgan group shares led declines as low priced railroad stocks faltered and the market briefly mirrored the Southern Railway slump. Copper shares weakened on merger talks and Amalgamated Copper faced sell pressure over a possible new issue. Bears intensified selling across the market.
MENTIONED IN THIS ARTICLE
Amalgamated
Laramie
Exchange Place
Hahn’s Peak & Pacific
Boston Capital
Isaac van Horn
Wyo
New York Stock Exchange
J. P. Morgan
Illinois Central Railroad Company
New Quincy
Weehigh Valley
Pepperell Manufacturing Company
Warwick Mills
Fall River
American Chicle Company
H. M. Adams
I’. Beeman
George H. Worthington
W. J. White
George A. Stanton
Thomas Adams
Henry Rowley
Boston Land Company
Preston
United Fruit Company
Kingston
Western Telephone & Telegraph Company
Mass Mine
Wilcox
Houghton, Mich
Central Leather Company
Jersey City
United States Leather Company
Boston & Montana Copper Company
Amalgamated Copper Company
Wall Street
Morgan
Southern Railway
Erie
Michigan
Amalgamated Copper
Bears
Trinity stock surges as market weakens notes urging buy
Trinity leads on the Boston Stock Exchange with a rise from 34% to 39 as Copper Range Tamarack Utah Amalgamated decline 5 to 10 points. The author condemns Wall Street tactics praising Trinity to push price toward 75 100 and beyond while urging public purchase under 65 per share now.
MENTIONED IN THIS ARTICLE
Copper Range
Tamarack
Utah
Amalgamated
Boston Stock Exchange
Trinity
New York
Boston
Touts
Butte
Trimountain
Wall
Trinity Copper Company
State Street
William W. White
Also Mentioned on This Page
Arcadian
Copper
North Butte
Allouez
Calumet & Hecla
Centennial
Mohawk
Old Dominion
Eeee
New York Funds
Sub-treasury
Eveevraes
Reichsemarks Ee
Guilders
Chicago Chronicle
The
Bundaty
New York-Chicago Road
Cooke
Jay Cooke
Boston Post
Carnegie Steel Co
Cambria .Steel Company
Bethlehem Steel Company
Interboro-Metropolitan
Illinois Central
A. G. Hackstaff
W. J. Harahan
I. G. Rawn
Charles H. Boynton
Associated Press
Simon Guggenheim
Colorado
American Smelting & Refining Company
Sierra Madre Land & Lumber Company
Greene Consolidated Copper Company
Mason, Lewis & Co
Chicago & St. Louis
Cole
Lawrence
Loring, Tolman & Tupper
New England Trust Company
Pennsylvania Railroad
Chicago, Rock Island & Paci
Fic Railway Company
American Agricultural Chemical Company
William E. Soule
NEW York Exchange
Thomas W. Lawson
Surette
Owen Goldsmith & Company
J. Thomas Reinhardt
ACME
Shawmut
RAVEN
Troy-Man
Majestic
Balaklala
Nipissing
Tfiske
Hancock and Company, Inc
AIR Line
Ingham Mary
C.F. Jonasson & CO
Congress
Cleveland
Williamson
giFer
Pocess Bank and Bus
Broadway
Pittsburs
Ess
Laramie, Hahns Peak
New England
Ennis & Stoppani
Chicago Board of Trade
State Mutual
Curtis
Sederquist
Bankers & Brokers
New York Consolidated
Congress St
Broad ST
W.Y. Consolidated Stock Exchange
Beverly R.wood
Mer
Jack Bell
Buckskin
Nev
Inter Trust Security CO
Water Street
James Shay & Co