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Boston Post in Boston, Massachusetts

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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 24, 1908

Page

10

Irregularity in Stock Prices Hits New York and Boston

The report shows total sales of 584,800 shares in New York and 31,302 in Boston with readings on major issues. Reading and Isle Royale Copper lead gains while Smelting and Calumet & Hecla suffer notable losses as rates ease in money markets and traders react to foreign rate cuts.

New York Boston Reading Isle Royale Copper Northern Pacific Isle Royale Calumet & Hecla

Bank of England Rate Cut and Market Moves Across Sectors

The weekly Bank of England statement shows reserve up 1.655 million pounds and circulation down 114 thousand, with deposits shifting and a reserve ratio of 54.80 percent. The Bank also cut the discount rate from 5 to 4 percent, the third cut this year. J M Francis & Co opened a stock brokerage at 29 State Street. Quincy Market Cold Storage declared a 2.12 percent quarterly dividend payable Feb 1. February dividends total about 25.29 million, with interest around 35.83 million. City Manufacturing of New Bedford declared a 5 and 3 dollar dividend payable Feb 1. New York Stock Exchange demands price and interest for all trades. Nathan L Amster reports improved ore production and lower costs at Shannon and Arizona Commercial properties, plus strong Black Hawk vein developments. Speyer & Co offers 6 million Chicago Rock Island & Pacific bonds due 1934, yielding 5 percent. H P Allen Montgomery elected to Consolidated Stock Exchange. France lowers discount rate to 5 percent. Bank of France reports various currency shifts. East Boston Gas seeks capital raise to 275 thousand. Pressed Steel Car declares 1.5 percent dividend. Boston & Worcester Railway earns up to 43,546 in quarter.

Bank of England J. M. Francis & Co State Street Quincy Market Cold Storage & Warehouse Company City Manufacturing Company New Bedford Mass First National Copper Company New York Thomas W., Lawson Edgar L. Newhouse George N. Towle William H. Brevoort T. M. T. Raberg Thomas J. Barbour R. N. Bishop Thomas W. Lawson New York Stock Exchange New York City Nathan L. Amster Boston Shannon Arizona The Globe Black Hawk Speyer & Co Chicago, Rock Island & Pacific Railway Company Rock Island Road London Amsterdam Frankfort Berlin New York State Treasury Department H. P. Allen Montgomery Consolidated Stock Exchange of New York Augusta Merrill, Oldham & Co New England Cotton Yarn Company Bank of France Treasury East Boston Gas Company Gas Commission Pressed Steel Car Company National Mining Exploration Company Boston & Worcester Railway Company William B. Soule

Boston Curb Market Transactions Steady for Jan 28

On the Boston curb market today activity was moderate with prices largely steady. Davis-Daly fell 7 16 to 47 16, Utah Apex declined 5 16 to 41 16, Superior & Pittsburg rose 3 8 to 131 8, Nevada Utah unchanged at 51 8, with notable moves in Shawmut Consolidated Amalgamated Nevada Bay State Gas Nevada Utah Union Copper and Rosario.

Exchange Place Davis-Daly Utah Apex Superior & Pittsburg Nevada Utah Shawmut Consolidated Bay State Gas Union Copper Rosario

King-Crowther Stock Market Opens With Wide Price Range

The market begins for King-Crowther Corporation stock with offers from 37 shares at 50 up to 5 at 80 and bids totaling 445 shares. Customers discuss no short selling or wash trades, aiming for a fair, supply and demand driven market on the first day.

King-Crowther Corporation King-Crowther King Crowther

Also Mentioned on This Page

Old Colony Trust Co Temple Place Financial District Ames Lst St. Paul Union Pacific the Hill Dulness Harriman Standard Oil Company Guggenheim Cortelyou Atchison Amalgamated North Butte Balaklasa Arizona Commercial Butte Coalition Woqdss Occidebosnnene Svevece Isessne Sec Ceeseveccesions Boston Clearings New York Clearings Bankers Ste Cpe Elrsadjested Stock Exchanges Washington Pine Street Messrs. Speyer & Co N. W. Harris & CO Ae Am Bell Tel Tr & Tel Norte ‘Folk & West Con BH & H Steel Corp Serened Bos & Ard Bos & & Me Allouez Arcadian Arizona Com Butte Coal’n Cal Daly-West Elm River la Salle North Utte Santa Fe Trinity Steee Victoria Winona Wolverine T&t Baie Say Mergenthaler Reece U . Eee Eae Eee Unite Froit U_S Steel Ceeeet Am Inc Aan Swift & Co U_S Smelt Furnish Y J. Thomas Reinhardt Wxcone Place Ected Low Amador Smeke Boston & Y Boston & Corbin Butten. Com Butte & London Cumberland Ely East Butte First Nat Giroux Consol Goldfield Consol Goldfield Boston Greene G & Oe Helvetia Howell & Little McXiiniey Steree Tewart King- Crowther Journal Building Silver Mining CO Thunder Mt Superior Satesien Stes A Superior & Pitts Tonopah Tiroy-Manhattan United Amal Copper Am Car & Foundry Nplewe American Cotton American Express American Ice American Locomotive Sessessece Soya & Refining Am Senas Vo Am Tobacco Anaconda Mining Co Pavae Baltimore Ohio Brooklyn Canadian Pacific Central Leather Chesapeake & Ohio Chicago & Northwest Chicago Mil & St Paul Chie Ter & Trans Pref. O St Louis Colorado Fuel & Iron Ee of Southern Seeeevesee Consolidated Gas Delaware & Hudson Denver & Rio Grande Distillers’ Securities Erie Cecceessrees General Electric Great Northern Imnois Central Sesesee International Pump Kansas City Louisville Mexican Minn & Nashville Ty Ennis Ni Chicago A Con Rock St South Texas Lis S Ste M Pr Kan & Tex Ieee York Central Out & West So American San Fred Aten Een 8 & Pa Serene Paci Sennetate Union P See States Rubber States Steel Virginia Ga Wentinghouss Electric Wisconsin Richard J. Burton & CO. Bankers & Brokers Congress Street Multiphone Operating Company Broadway Kholdera Isaaog Att Man A. D. F. Adams Fort Hill State St Gea Howell & Little Exploration Stock Exchange Inter- Trust Security CO Water St Central Sq Lynn Maas Weybosset St Providence, R. Y James J. Benelisha & CO Dominion Copper James Shay & He State Fe Street First National ¢ Copper Co Balaklala Stockho Broad St 19 Exchange PL
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