Frenzied Finance aims to awaken readers to the danger of trusts
The author promotes a February issue of Everybody's Magazine with 900000 copies to reveal the first extant definition of trusts. He argues trusts rob savers by inflating paper wealth, urges readers to spread the issue, and cites massive spending to educate the public and promote a revolutionary financial remedy.
MENTIONED IN THIS ARTICLE
Everybody’s Magazine
Amalgamated
The People Must Sell Stocks to Strike Back at the System
A speaker argues that bank deposits fund the real economy while trusts inflate stock values. He urges citizens to liquidate stocks and bonds, except government and safe holdings, to force price corrections and reclaim wealth from Wall Street. He cites figures from 1880 to present and predicts a price decline as mass selling continues.
MENTIONED IN THIS ARTICLE
Jimmy
Wall Street
America
New York Stock Exchange
Treasury and Stock Exchange
Chicago, Burlington & Quincy
New York Life Insurance Company
Mutual Life
Centennial
United States
Calumet
Isle Royale
Old Dominion
Osceola
Trinity
Reading and Amalgamated Lead Tumbling Wall Street Trading
Readings fluctuated and caused a mixed New York market with short interest fears. Amalgamated Copper rose on dividend hopes while copper stocks stumbled. Reading reached a fractional gain after late-day rallyments, and Rockefeller resigned from Amalgamated amid management shifts.
MENTIONED IN THIS ARTICLE
Wall Street
Stock Exchange
Reading
Ontario & Western
Eries
New Haven
Amalgamated Copper
Pennsylvania
Brooklyn Rapid Transit
State Railroad Commission
United States
Boston
New York
Eone
State Street
Small Dividend Notices From Various Firms
Old South Building Trust announces a 1 percent initial dividend with Feb 1 date. Boston and Montana lists $10 per share value. Procter and Gamble declares a quarterly 3 percent common dividend with Feb 15 date. Champion Mining Company issues a $1 per share note. Consolidation Coal Company presents annual 2 percent extra and 2 percent on Feb 1. Restos Banking Company offers a 1.4 percent quarterly dividend.
MENTIONED IN THIS ARTICLE
Daly-West
Boston
East
Daly- West
Adventure
Greene
Mass
Michigan
Mohawk
Utah
Winona
Wolverine
Massachusetts
Electric
Mining and Stock Exchange
Arizona Commercial
American
Calumet & Arizona
Horseshoe
Suburban Electric
Boston & Worcester Company
Marlboro
South Framingham
Boston & Worcester
B. L. White
Bingham Consolidated Mining Company
Park City
Champion Mining Company
St. Mary’s Mineral Land Company
Copper Range Company
Boston & Montana Mining Company
Boston & Montana
Emery & Tucker
Financial News
Superior Copper Company
The
Old South Building Trust
Proctor & Gamble Company
Ampion Mining Company
Nsolidation Coal Company
Restos Banking Company
Wheat Prices Fall Sharply in Argentina Demand Selloff
Chicago reports heavy liquidation after Argentina supply forecast, pushing wheat down 2 cents a bushel. May wheat closes down 1 1 4 cents, corn and oats fall modestly while provisions hold steady. Trading started steady then weakened with a late sharp break and covering limited losses. Primary receipts total 567100 bushels.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
Shorts
Reading corner shocks New York stocks amid irregular trading
New York consolidated reports a day of extreme irregularity with conflicts between speculative factions and a nervous market. Readings show bear activity and bears’ influence across leading stocks, including Reading and others, as final quotes close unsettled.
MENTIONED IN THIS ARTICLE
New York
Reading
Boston
John Filkins & Co
Congress Street
Chi
Mil & St P
Chi, RI & Pcom
Erie
Metro St Ry
Ny, Oat & West
Pennsylvania
Southern Pacific
Union Pacific
US Steel
Also Mentioned on This Page
Low
Thomas W. Lawson
Haev
William G. Rockefeller
Amalgamated Company
F. P. Addicks
A. H. Melin
Rockefeller
Mr. Rockefeller
William Rockefeller
John D. Rockefeller
Rogers
Edwin G. Heath
Cs Bel
H. R. Leighton & CO
Bankers
Washington St
Devonshire St
NEW York Consolidated