Reading Becomes Market Leader in March Stock Rally
Wall Street reports Reading led the day in total transactions amid broad speculative buying. Elevated activity centered on Reading and other favorites with Hill, North Western, and Van derbilt groups showing strength as Atchison posted February earnings up 132 percent and bankers’ bills offered less foreign exchange, aiding the money market.
MENTIONED IN THIS ARTICLE
Wall Street
Reading
Northwestern
Vanderbilt
New York Central
Atchison
Sub-Treasury
Copper and stock market rally lift list of leading names
New York stocks advanced as investors bought Brooklyn Rapid Transit Smelting Southern Railway Union Pacific and Steel issues in early hours. Despite breadth, turnover remained narrow with London activity light. Copper shares led gains with Amalgamated Bingham Boston Consolidated Copper Range North Butte and United Copper rising.
MENTIONED IN THIS ARTICLE
State Street
Brooklyn Rapid Transit
Southern Railway
Union Pacific
London
Canadian Pacific
Anaconda
Indianapolis
Amalgamated
Colorado Fuel
Northern Pacific
Reading
Steel
New York
Boston
Ieee Eee
Dave Bobs
R & Foundry
Oaeee
Brooklyn Rapid ‘Transit
Central of New Jersey
Chesapeake & Ohio
Chicago
C & St Louis
Colorado Fuel & Iron
Colorado & Southern
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
Illinois Central
Iowa Central
Wee Renner
Kansas City Southern
FSG
Louisville & Nashville
Minn
St P & S
Ste M
Missouri Pacific
Kansas & Texas
New York Central
Ontario & Western
Norfolk & Western
Pacific Mail
Pennsylvania
Pitts
Haly Mot
Republic Steel
Rock Island Co
Sloss
Sheffield
Sts. & S F 2d
St Louis Southwestern
Ordo Dee
Tnion Pacific
Wheeling & Lake Erie
Wisconsin Central
Ennis & Stoppani
Broad ST
N.Y. Consolidated Stock Exchange i
New York Produce Exchange
Chicago Board of and
Boston ‘State Mutual Building
Central Vermont
aAtchison
bChie Jun Pr
Ch & Nor W
Ony&nh
Old Colony
bUnion Opt
Bdo
Hy Phl
West End
Allouez Eeree
Atlantic Ener
Bingham Sore
BRK
Bonanza Oe
dCal
Michigan
Nevada
North Butte
Quincy
Rhode
West End L
tAm T &T
West Tel
US Steel
bAm Sugar
Isle Royale
Market summary of stock and bond activity in Boston
The Boston market reports a day of bond and stock prices with total sales tallied. Listed stocks traded 42 027 shares, rights 6902 shares, unlisted stock 3211 shares, bonds 7000 dollars, with aEx-rights and aEx-dividend noted and a second instalment paid.
MENTIONED IN THIS ARTICLE
Boston
aEx
cSecond
Boston curb market sees gains over Saturday trading
Trading on the Exchange place curb today was considerably better than on Saturday with Butte Coalition showing the most notable gain in shares sold and price. Majestic was active with no change from Saturday, while East Butte rose to 14 percent. Cumberland Nevada Utah was the day’s heaviest seller along with Raven.
MENTIONED IN THIS ARTICLE
Butte & London
Venture Corporation of London
Westinghouse Electric & Manufacturing Company
Pittsburg
Boston & Maine Railroad
Mystic Wharf
Banque Francais of Commerce & Industry of
Paris
Kuhn, Loeb & Co
New York
Warburg & Co
Hamburg
Buffer
London
Butte Exploration Company
David Walton
Philadelphia Stock Exchange
Tamarack
Public Service Corporation of New Jersey
Newark
Cable Consolidated Company
Cable Gold
Butte
Butte & Bacorn Company
Pennsylvania
Boston & Montana Company
Ahmeek
John Hays Hammond
St. Francis Hotel
San Francisco
James Lewis & Sons of
Liverpool
Rio Tinto
New York Stock Exchange
Anaconda Copper Company
New Haven Iron & Steel Company
William Barclay Parsons
Panama Canal
State Street
Frank E. Fitz
Wheelock, Bartlett & Co
Greene Gold- Silver Company
George Mitchell
Mitchell Mining Company
W. F. Fluhrer
Ww. F. Botsford
W. T. Woodward
George W. Bruleigh
United States Rubber Company
Revere Rubber Company
Boston Woven Hose Company
Boston Belting Company
Wabash Will
Exchange Place
Butte Coalition
Majestic
East Butte
Cumberland
Nevada-Utah
Raven
Chicago Grain Quotations from Ennis & Stoppani
Ennis and Stoppani report May wheat opening at 78 to trading upper 78s with July and Sept futures around 77 to 78. Corn and oats show mixed early values amid supply exceeding demand and modest local support near 77 to 45 for oats. The market notes Liverpool cables boosting early price but selling pressure reducing gains with a cautious outlook for a lower range.
MENTIONED IN THIS ARTICLE
Ennis & Stoppani
Chicago Board of Trade
State Mutual
Tsig
Liverpool
Grand jury to decide felonious insurance donations
Judge O Sullivan charged the New York grand jury to disregard the DA Jerome opinion that insurance money given to political parties was not larceny. The panel was told to determine for itself if insurance officials under probe should be indicted for felony. Reported that the grand jury may seek a special district attorney to prosecute the cases.
MENTIONED IN THIS ARTICLE
New York
O'Sullivan
Grand Jury
Jerome
Judge O'Sullivan Urges Thorough Grand Jury Inquiry
Judge O'Sullivan instructs the grand jury to determine if corporate officers misappropriated funds with felonious intent and to demand all evidence. Foreman Van Valkenburg sought the records at Jerome's office but found the district attorney absent.
MENTIONED IN THIS ARTICLE
O'Sullivan
Grand Jury
Edward van Valkenburg
Jerome
Lawson Telegram Alerts Armstrong Committee to Insurance Grafters Card
Thomas W. Lawson warns the Armstrong committee and Attorney Samuel Untermyer that a dangerous proxy scheme could void contracts. He details circulars sent to 130,000 holders and questions bill provisions on voting for trustees and minimum insurance. He urges urgent action to prevent widespread harm to policyholders.
MENTIONED IN THIS ARTICLE
Thomas W. Lawson
Sameul Untermyer
New York
Armstrong Committee
Mr. Untermyer
Untermyer
Orr
Mimme
Myron Martin
Jesse Moore
George Clinton Smith
van Wart
Mooney
Mutual Life UK Manager Resigns Over Policy Differences
London March 26 The Daily Chronicle reports that D C Haldeman British manager of the Mutual Life Insurance Company of New York has resigned due to differences with the New York office over matters vital to British policy holders.
MENTIONED IN THIS ARTICLE
London
The
Daily Chronicle
D. C. Haldeman
Mutual Life Insurance Company of
New York
Legislators Comment On The Post Overtime Plan
Leading Senators and Representatives from both parties discuss the Post overtime bill proposal. Senator Schofield of Ipswich notes value for protecting child mill workers and indicates support to preserve the child labor portion. He says governors and labor committee actions could save much of the bill, with weeklong consideration ahead.
MENTIONED IN THIS ARTICLE
Post
Labor leaders back overtime relief for women and children
Massachusetts lawmakers praise the Post plan to speed relief for child labor. Senator Mahoney notes overtime defeat led to support for limiting work hours. Governor Guild asked to aid. Senator Cox and Senator Louis Cox endorse protecting women and especially children, seeking to salvage parts of the overtime bill.
Representative James Mellen of Worcester Urges Overtime Bill
Worcester Democrat James H. Mellen backs a proposed overtime amendment for children. He recalls a 12 year old subway bill precedent and urges broad support, stating the measure is highly feasible and wise.
MENTIONED IN THIS ARTICLE
James H. Mellen
Worcester
Democrat
Post
House
Walker supports child labor bill with amendments
Representative Joseph Walker of Brookline says he would back a child employment bill if it includes a night work ban for mills and notes he would not have voted for an overtime bill for women and minors. He praises the Post's proposal as fair and aligned with Governor Guild's stance.
Fall River Representative Seeks Cooperation on Overtime Bill
In remarks by Representative Parks, the Labor Committee clerk, the Post urges General Court unity to secure justice for children. He notes a brighter outlook for the overtime bill and reports a hopeful talk with the Governor, who seems willing to do everything possible.
MENTIONED IN THIS ARTICLE
Representative Parks
Fall River
Labor Committee
General Court
Lawmaker criticizes overtime bill defeat in Legislature
Representative Edward L. M'Manus of Natick denounces the Republican Senators for killing the overtime bill. He argues the action harms the party and supports adding the children's overtime clause to the children's employment bill, predicting it would pass with no opposition if reconsidered.
MENTIONED IN THIS ARTICLE
Edward L. M’manus
Natick
Republican Party
Post backs child labor bill with strong support in Boston
Representative James F. M Dermott of Ward 7 Boston argues that The Post supports extending protections for children working in mills. He says Governor Guild and allies in the legislature are likely to pass the children's bill this year and dismisses fears the amendment would endanger employment protections.
MENTIONED IN THIS ARTICLE
Guild
Friends of
House
Senate
Senator Hilton Dodges Overtime Vote In Lowell
Lowell Senator Hilton faced criticism for absenteeism during a crucial overtime bill vote after reportedly sending himself a fake telegram to avoid casting a final vote. Observers call the move cowardly and a hypocritical attempt to please both sides.
MENTIONED IN THIS ARTICLE
Hilton
Lowell
Deserved Severe Criticism for Lynn Overtime Vote Absence
The Lynn Evening News criticizes Massachusetts Senator Grosvenor and Senator Hill for missing the overtime bill vote, noting Lynn's support for labor standards. It urges reopening the bill and urges Grosvenor to attend to rectify the perceived neglect of his constituents.
MENTIONED IN THIS ARTICLE
Massachusetts Senate
Senate
Lynn
Grosvenor
Swampscott
Hill
Stoneham
Atchison February Earnings Show Strong Increase
The Atchison road reports February earnings of 6,487,556 against 4,669,306 prior year, with expenses of 3,914,393, taxes 194,584 and a net balance of 2,378,578. From July 1 to February, earnings reach 51,625,334 while expenses total 31,857,365 and net 19,767,968, with taxes and rentals at 1,583,505 and a balance of 18,184,463.
MENTIONED IN THIS ARTICLE
Atchison Road
Dividends Declared By Banks and Companies
Freeman's National Bank declares a regular semi annual dividend of 21 percent payable April 2. Pennsylvania Salt Manufacturing Company sets a 6 percent semi annual dividend payable April 16. Merchants' National Bank of Boston declares an 8 percent regular dividend payable April. Faneuil Hall National Bank has declared the dividend.
MENTIONED IN THIS ARTICLE
Freeman's National Bank
Pennsylvania Salt Manufacturing Company
Merchants’ National Bank of Boston
Leon
Faneuil Hall National Bank
Dividend declarations from Associated Merchants Company NY
The regular semiannual dividend of 3 percent is payable April 2. The Associated Merchants' Company of New York declares a quarterly dividend of 1 percent plus an additional 1/4 percent on first preferred stock and a quarterly dividend of 11/4 percent with an additional 1/4 percent on second preferred stock.
MENTIONED IN THIS ARTICLE
Westinghouse Electric & Manufacturing CO
New York
T. W. Siemon
Associated Merchants’ Company of New York
Poco Bennett Fined for License Violation in Cambridge
Poco Bennett known as the Harvard old clothes man was fined $20 by Judge Lawton for dealing in old clothes in Cambridge without a license.
MENTIONED IN THIS ARTICLE
Poco” Bennett
Harvard
Lawton
Cambridge
Also Mentioned on This Page
Utah Consolidated
Bingham
Boston Consolidated
United Copper
Copper Range
Osceola
the Boston Bank Statement
U. S
Atte
Harard Vans Weiss
Boston News Bureau
Calumet & Hecla
Keweenaw
Utah
Cactus
Utah Copper Company
Soule
Curtis
Sederquist
Bankers & Brokers
New York Consolidated Stock Exchange
Pressed Steel Car
Congress St
Broadway
American Telephone and Telegraph Co
William R. Driver
Ee Ee Copper Range Consolidated Company
Frederic Stanwood
Congress
Beverly R. Wood
Mgr
Arizona Commercial
Aparecida
Acme Consolidated Ee Uy
Black Mountain
Bay State Gas
Cumberland Bluesee
New England
Troy-Manhattan
Lake Superior
PittSs
Pitts & Duluth
NEW York Bonds
Japan
U S
L & No
Do Goa
Atch G’s
Ry Mc
Nycg
Atl © L
JC G
Bal & O
Nor Pac
Do Biles
Centra
Do 1St Inc
Penn c
Do 2d Inc
CCC
Cuba
US Steel 2d
D & RG
Wabash
Erie P
West Md
W & LE
Lold
Lawson
F. M. Johnson
Chief Smith
Policy Records Department
Armstrong
meceranEat
Schofield
Ipswich
Governor Guild
Committee On Labor
Ta House
Senator Mahoney
Hampden
Massachusetts
Legislative Committee On Labor
Bullock
New Bedford
Guy W. Cox
Louis S. Cox
Lawrence
State House
Joseph Walker
Brookline
James F. M’7dermott
Ward
Senator Hilton
Dodger
Lowell Sun
Lynn Evening News
Poco Bennett
Wilson Bros
Watchmakers Jewellers
Big Ten Kettle
Court St
Wilsons
Hanover St