Evolution of speculative leaders signals next bull market
The article argues the next bull market will shift from current high priced leaders to low priced and transition stocks. It traces past cycles from 1897 to 1911, showing how favorites rise and fade, with Steel, Reading, Union Pacific and Amalgamated leading then fading, while new issues advance from obscurity to prominence. It predicts future leaders will come from low priced issues and transition stocks like Norfolk & Western and Chesapeake & Ohio.
MENTIONED IN THIS ARTICLE
Ock
United States
Union Pacific
Canadian Pacific
Reading
General Electric
Louisville & Nashville
Pullman
Sugar
St. Paul
Chicago
Burlington & Quincy
Northern Pacific
Rock Island
Steel Common
Preferred
Atchison
Amalgamated
Steel
Union
Pacific
Amal
Ch. B. & Qu. Amal
No. Pacific
Penn
Norfolk & Western
Chesapeake & Ohio
American Car & Foundry and Steel
Car Foundry
Nnbib
Tis CO Pees
Missouri, Kansas & Tex
Atcnnnon Avecseaessee
Southern Pacific
Otter
Reek
Brooklyn Rapid Transit
Pemogenia
Lon R R Fund
Ee Lou Ae Isl R Nash
Lehigh Einer Sos
Met
St Ry
I. Eee
Mo Kan & Tex 2A
Eee
Mo Kan & East Iist
P&s
Coves Eee
Nat Ry of Morlien
New Or Mob & Ch
City Rys Adj
Lake Shore
C& St L
Westchester & B
NYNH
Nor Pac
Pac Tel & Tel
Pennsylvania
Pub Service Corp
Do Jersey Cent
San An & Ar
PM & Manitoba
South Pac C Pac Coll
South Ry
Third Ave Con New
Tri City
Ry & Light
Union Pac
Maryland Cony
Western Union
Westinghie el & Mfg
West Shore Regree News
OBL
Wilkesbarre & East
NY City
Local Mining Company Plans Annual Meeting in April
The annual meeting of the et Mines Company will be held in aoe Me on April 17. Books close March 27 and reopen April 18. J. Thomas Reinhardt issues letters on Yukon Bay State Gas Temts kaming and Tri-Bullion with latest developments. EK M Poulin joins Wrenn Bros Co local office.
MENTIONED IN THIS ARTICLE
Et Mines Company
Aoe Me
J. Thomas Reinhardt
Yukon
Bay State Gas
EK. M. Poulin
Wrenn Bros. & Co
Acme Consoloyee
Amal Nevada
Begole
Bingham Mines
Boston Ely
British Columbia
Butte Central Gl
Nat'lve Goldfield Consol
Hollinger See
Utah
Market Features and Leading Stocks in New York and Boston
New York shows total sales of 24,649,300 shares for Jan 1 1912 to date with Weyman Brut and Mays Dept Store among notable gains and losses in the New York list. Boston totals reach 2,624,534 shares with Georgia Electric and Calumet & Hecla making sharp moves. Amalgamated remains a market focus amid holding concerns and Anaconda treasury stock.
MENTIONED IN THIS ARTICLE
Ch & W M
U S Steel
West T & T
L Atchison A
Ann
Bos & Albany
Bos Elevated
Bos & Lowell
Boston & Maine
Ohio
Con ‘& Mon cl
Fitchburg Pf
NY & Hi
Old Colony
Pennsylvania
Union Pac
West End
Allouez
New Idria Eee Ewes
North Butte
Old Dominion
Quincy
Utah
Victoria
Beng Tel
Georgia
Mergenthaler
Reece Es
Bwift & Coeaeee
Union Land
Algomaher
Etter Eee Kinens Com. Oy
Oston Corbin
Butte Ballak
Chino
Raynsol
South
Sup & Bos Ore Eee
Tuolumne
Utah Apex
New York
Boston
Steel Common
Butte & Superior
Weyman-Brut
Mays’ Dept
Georgia Electric
Calumet & Hecla
New York Stock Exchange
Amalgamated
Local Market Notes Rally For Higher Prices On Butte & Superior
The market reports Butte and Superior stock rising to 977-8 with a 13-8 gain in heavy trading of 3398 shares. Duluth and New York buyers persist while a local Postoffice square house remains a steady purchaser. Mayflower meeting signals potential control shift with St Marys Mineral Land involvement. Calumet Arizona remains strong on earnings above seven dollars per share.
Local curb market highlights show gains and losses
Southwestern Miami rose from 63 8 to 71 4. United Verde Extension declined from 38c to 82c before recovering to its top. Davis Daly advanced from 91c to 96c. Detailed fluctuations follow.
MENTIONED IN THIS ARTICLE
Miami
United Verde
Davis Daly
Daily Market Letter signals limited Tonopah recession and buys
Natural profit taking pushed Tonopah issues down yesterday but orders remain near current figures. Jumbo Extension sees heavy trading and strong buying demand, suggesting a sharp upturn soon. Other Goldfield list stocks likely to advance, Beaver Consolidated raises dividend, copper stocks firm. Buy Tonopahs and Goldfields.
MENTIONED IN THIS ARTICLE
Tonopah
Jim Butler
Mizpah Extension
West End Consolidated
Montana
Midway
Atlanta
Blue Bull
Diamondfield
Black Butte
Beaver Consolidated
Chas. A.stoneham & Co
State St
Boston
Also Mentioned on This Page
Massachusetts
Business Real Estate Trust of
W. H. McElwain Company
Lowell Machine Shop
London
Shakspere
Baltimore & Ohio
Cm&s P
Col South
Lehigh Valley
Liggett & Meyer
Mer Marine
Sears-Roebuck
Texas Pac
the Texas Co
Third Ave
William E. Soule
Irie
Missouri Pacific
Anaconda
Haverhill
Haverhill Building Trust
Mass
Liberty Trust Company
Burgess, Lang & Company
State Street
Pine Street
Ag Distance
Fort Hill
Peer Eet
Boston Clearings
Pulse
Sub-Treasury
Aeveesreneer
Sappetateeteeee
NEW York Bonds
Ghandler Bros & Ga
Milk Street
Adams Express
Allis Chalmers
Do Coll Trust
Am Tobacco
Enne Arbor
Armour
AT & SF
Do Trans
Cocervene
Atl Coast Line
Do L. & N Coll
B & W Prior Hen
USI
Do Pi
B & W Va
Steel BS
Bethlehem Ruty
Bklyn
Oceee
Cal Gas & el
Ches & Obio
Denver
M & St P Cent Pac
M & Puget Sound
Chic & Northwest
Chic & Pac
M & Om
Colorado
Ind
Col Midland
Col Southern
del & Hud
Detroit
Fdison
den & RG Ist
Des Moines & F Dodge
Erie
Fort W & D
Gen Motors
Eeereree
Og Inter Met
Este Eters
Inter Mar
Fowa
Mntucky Cent
Eater Meyer
Yues Sacerver
SBS
Representative
American Bond House
House of E. H. Rollins & Sons
Bureau of Information
Rollins Bond Service
E. H. Rollins & Sons
San Francisco
Low
Lest
Arizona
Davis-Daly
Ely
Tonopah Cobalt
Porcupine Goldfield Copper
Ent
Devonshire Street
Broad Street
N. Y
King St. W
Toronto
American Zinc, Lead & Smelting Co
American Zinc, Lead and Smelting Company
E. Farwell
Bingham Metal Mining
Chas. A. Day & CO
Bingham Mets
James Shay