Mining Market Letter predicts steady curb market gains
The letter from New York notes a healthy curb market with profit taking on recent gains. It highlights Goldfield Consolidated and Nevada Hills as strong, names Utah and British Columbia stocks set for advances, and urges purchases on recessions with margin guidelines and collateral terms.
MENTIONED IN THIS ARTICLE
New York
Pittsburg Dispatch
Baltimore American
Philadelphia Press
Washington Post
New York Commercial
Boston Post
Detroit Free Press
Goldfield Consolidated
Nevada Hills
British Columbia
Nevada Consolidated
Cumberland Ely
Dominion Copper
Nevada
Utah
Ely
King Edward
St. Ives
Goldfield
Daisy
Triangle
Red Hills
Florence
Red Top
Blue Bull
Salt Lake
Tintics
Binghams
Boston Consolidated
Bingham Mary
Utah Apex
Utah Copper
Ohio Copper
Colorado
City Rocks
Centennial Eureka
Tintic Mining
Carisa
Copper Stock Decline Weighs on Market In July Trading
In State Street July 9 trade, profits mood dominates as copper prices slide and major stocks fall. Amalgamated, Smelting, Union Pacific, and Reading lead declines while New York money rates ease. Calumet & Hecla sells lake copper to Europe at 28 cents, with future U.S. sales anticipated.
MENTIONED IN THIS ARTICLE
State Street
Atchison and
Union Pacific
Amalgamated
St. Paul
Anaconda
Great Northern
Northern Pacific
Pennsylvania
Reading
Southern Pacific
Steel Common
New York Stock Exchange
London
New York
Calumet & Arizona
North Butte
Trinity
Copper Range
Utah Consolidated
Old Dominion
Wolverine
Mohawk
United Copper
Esseesee
S.eeeseueee Dulaby Mill Paper
Papcr
Reichsmarks
New York Metal Exchange
Lake Copper
Calumet & Hecla Company
Calumet & Hecla
Great Northern Railway Company
Lean Gardner
J. N. Steele, Jr
Stillman
R. A. McCormick
New York Central
Randolph & Cumberland Railway Company
United States Realty & Improvement Company
Imperial Bank of Germany
Treasury
Hussey- Howe
Isle Royale Company
Houghton, Mich
British Columbia Copper Company
Anthony N. Brady
John Weir
Bald Butte
Henry Clay Frick
United States Steel Corporation
Pennsylvania Railroad Company
Reading Railway Company
Norfolk & Western Railway Company
Union Pacific Railway Company
Nipissing
Oklahoma Gas & Electric Company
Bingham
Utah
Superior & Pittsburg
Nevada
Curb
Market and bond trends hit critical time in money market
Boston reports ex div and ex rights data with total sales for listed and unlisted stocks and bonds. The market notes a $300 million national total with $12 million in NYC bank deposits due to surrender tomorrow. Copper prices drop while St Paul shows resistance and Union Pacific leads declines ahead of July 10 maturities.
MENTIONED IN THIS ARTICLE
Boston
New York City
New York
Union Pacific
Atchison
St. Paul
Boston Curb Market Bond Activity Dips From Yesterday
The Boston curb market shows lower activity today with Consolidated Steamship 4s still active, trading $109,000 at 26 to 27 3-4. Superior & Pittsburg weak, closing 17 3-4 after opening 18 1-4, while Rosario remains active near 68 cents. Other notable issues include Boston & Alaska, Butte & Bradley, Nevada Utah and Bullfrog mining stocks.
MENTIONED IN THIS ARTICLE
J. Thomas Reinha
Broad Street
New York Place
Boston
Barnes King
Bingham Mary
Met Bronson Cement
Boston Alaska
Boston & Cobalt
Boston-Corbin
Boston Ely
Boswyocolo
Butte & London
Cumberland
Davis-Daly
Dom
Blue Bell
East Butte
Foster Cobalt
Giroux
Globe Consol
Greene
Hancock
Clifton
Rosario
Trethewey Ewer
Superior Pape
Sup & Pitts
Sutton Bay
Tro Manhattan
United Zinc
Utah-Apex
United Oil
Ximo Mining
SOUL
Consolidated Steamship 4S
Superior & Pittsburg
Boston & Alaska
Butte & Bradley
Nevada-Utah
Banking Position Causes Lower Prices In Wall Street
Wall Street sees a reactionary downturn with some resistance and efforts to support prices. The banking position is the main cause, though money rates show no stringency. Banks reportedly gained 6 to 8 million last week while cash decreased 5 million, driving a low surplus under 900 thousand. A large gold withdrawal of 1.75 million and government deposit obligations loom Friday.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Boston Public Library Opens Two Reading Rooms
On Monday July 15 the Boston Public Library trustees open two new reading rooms. The Parker Hill room at 1518 Tremont Street Roxbury and the Neponset room at 362 Neponset Avenue. Hours are weekdays 2 to 6 pm and 7 to 8 pm in summer with Wednesday close at 6 pm and Saturday close at 9 pm.
MENTIONED IN THIS ARTICLE
Boston Public Library
Tremont Street
Roxbury
Parker Hill
Neponset Avenue
Neponset
Bank Officials Sentenced for Enterprise National Bank Failure
Pittsburg July 9 Judge N Ewing imposed sentence on Thomas M Harvey and Lemert S Cook recently convicted in connection with the Enterprise National Bank of Allegheny failure. Harvey received seven years in prison and Cook five years and three months.
MENTIONED IN THIS ARTICLE
Pittsburg
N. Ewing
Thomas M. Harvey
Lemert S. Cook
Enterprise National Bank of Allegheny
Harvey
Cook
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