Bear-led stock selloff hits Wall Street on May 21
Aggressive bear party drives heavy liquidation across markets with rumors and crop news. Declines hit Amalgamated Copper 24, American Smelting 78. Reading 7, United States Steel 11, Union Pacific 4, Northern Pacific 2.5, Brooklyn Rapid Transit 3, Chicago Milwaukee St. Paul 1.5.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Amalgamated Copper
American Smelting
Reading
Union Pacific
United States Steel
Northern Pacific
Brooklyn Rapid Transit
Chicago
Milwaukee
St. Paul
Amal Copper
Amer Car & Foundry
Amer
Amer Tide & Leath Pf
Pee
Amer Tocomotive
Amer Smelt & Refin
Amer Sugar Refining
Amer Tobare
Anaconda Mining
Atchison Aeceveer Ease Ees
Chesapeake & Ohio Ieee
Chicago Great Western
Chicago & Northwest
Chi
Mil & St Paul
Colorado Fuel & Iron
Colorado & Southern
Consol
Access Soo
Delaware & Hudson
Denver & Rio Grande
Ce. Ee Ee
Erie
Great Northern
Hinois Central
Iowa Central
Kansas City
Missouri Pacific
Tex
Missouri
Ont & Western
Norfolk & Western
Pacific Mail
Pennsylvania
Pitts
Eee
Ao Pre Sa
Sloss Sheffield
St L & San Francd Pf
St Louis Southwestern
Southern Pacific
TOY
Eeigars
Southern Railway
Peerharte Cr of
Ie Seit
Tennessee Coal & Iron
Texas & Pacific
St Louis & West
United States Rubber
US Steel
Close Close
Mch
Amalgamated Ce
Atchison
Louisville & Nashville
New York Central
Rock Island
Union Pacific Eeeeree
Boston
Butte Coalition
Calumet & Arizona
Isle Royale
North Butte
Old Dominion
Break in Copper Prices Spurs Decline in Boston Market
The article details a volatile trading day with a sharp initial drop led by Smelting and United States Steel, a late rally from bear covering, and widespread rumors of note and bond issues. It notes overall market weakness, heavy selling, and renewed pressure on Union Pacific, Amalgamated, and other leading issues with a feeble close.
MENTIONED IN THIS ARTICLE
United States Steel
Union Pacific
Bears
State Street
Secretary of the Treasury
Amalgamated
Brooklyn Rapid Transit
Consolidated Gas
Great Northern
Northern Pacific
Pennsylvania
Reading
Shorts
Anaconda
Southern Pacific
Tinian Pacific
Steel Common
New York Stock Exchange
New York
London
North Butte
Calumet & Hecela
Mohawk
Granby
Utah
Wolverine
Boston Clearing
Boston
Treasury
Bankers’ Sterling
cntaaSa
Weauos
Ieeelogie Ig Pee Gee
Boston Market Stock and Bond Prices May 21
The Boston Market records show the day’s stock and bond price movements and total sales. The table lists market activity for May 21 with figures for key securities and trading volumes.
MENTIONED IN THIS ARTICLE
Boston
Boston curb market shows broad pricing decline across major issues
The Boston curb market records a reactionary drop with a strong selling wave in Nipissing and Nevada Utah. Nipissing falls from 121-8 to 11 and Nevada Utah from 55-8 to 5, with Superior Pittsburg, Davis Daly and the Cobalt mines also contributing to the general depression in quotations. Total sales and fluctuations follow.
MENTIONED IN THIS ARTICLE
Nipissing
Nevada
Utah
Superior & Pittsburg
Davis Daly
Cobalt
Prices on March 14 and May 21 Compare Stock Closes
The article notes the closing prices of New York and Boston stocks on March 14, era lows, compared with yesterday's close. It suggests investors will find the comparison of these two dates of interest.
MENTIONED IN THIS ARTICLE
New York
Boston
Doan's Kidney Pills End Kidney Disease Warning
A Boston ship carpenter describes kidney pain and a failed course leading to diabetes and Bright's disease. He credits Doan's Kidney Pills from Foster Milburn Co Buffalo as the remedy, noting relief after use and urging others to rely on the product sold by all dealers at 50 cents.
MENTIONED IN THIS ARTICLE
Boston
P. H. Hynes
Bremen Street
Mass
Dean
Woodbury’s
Maverick Square
Doan
Foster-Milburn Co
Buffalo
New York
United States
New Records for Wheat on Chicago Board of Trade
The Chicago Board of Trade saw wheat prices surge as reports warned of severe crop damage from drought green bugs and cold. All lead cereals rose with July wheat near record highs, closing up 33 4 to 37 8, with September and December gains. Oats and corn also advanced while provisions moved higher.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Chicago Grain Quotations from Ennis Stoppani Report
Ennis and Stoppani present May July and Sept wheat quotes with mixed highs lows and closes. The market letter notes unfavorable Northwest weather no rain in Kansas spreading green bug sensational Nebraska reports increasing concern for spring wheat, with bullish foreign tips and higher cash markets.
MENTIONED IN THIS ARTICLE
Ennis & Stoppani
Chicago Board of Trade
State Mutual
Wheat
Ennis & Stoppanit
Northwest
Kansas
Nebraska
Olga Nethersole Sails to Paris for Eight-Show Engagement
English actress Olga Nethersole sails to Paris to open an eight‑performance ENG English run at Theatre Sarah Bernhardt playing The Second Mrs Tanqueray Maeda and Carmen. She plans Boston in mid season and returns to America in August with a Kansas City engagement to start 1907-08.
MENTIONED IN THIS ARTICLE
France
America
Boston
Olga Nethersole
Sarah Bernhardt
Paris
Tanqueray
Maeda
Carmen
Miss Nethersole
Biarritz
Kansas City
Neb
New York
Paul Hervieu
Louis Nethersole
King-Crowther Expands Through Norton Oil Absorption
The King-Crowther Corporation approved absorbing Norton Oil Company at a board meeting held at the King in Journal building. Exchange will be even shares for Norton preferred stock and one King share for three Norton common shares. Norton has 1,000,000 capitalization with 4000 preferred and 6000 common shares. Norton reports 121 wells in Delaware county Indiana, no debt, and strong cash. The merger raises King Crowther’s wells to about 600, with plans to exceed 100 wells by year end. William B. Snow joined the board, and a quarterly dividend of 1.50 plus a 0.50 extra per share was set payable June 15 to record holders June 5.
MENTIONED IN THIS ARTICLE
Riddle Farm
Kimberley
Wilfley Mining Company
Colorado
O’brien
Temeskaming
Deloro
Hastings County
Charles B. Belt
C. B. Belt & Co
Nevada
Utah Mines & Smelters Corporation
Portland
G. E. Learned
C. J. Caughey
Republic Iron & Steel Company
First National Bank of Boston
National Bank of Montana
Helena
Montana
Batopilas
United Fruit Company
Nipe Bay Company
Charles C. Jackson
John F. Moors
Eugene Foss
New York Metal Exchange
Quartette Mining Company
Treasury
Washoe
Amalgamated Copper Company
William E. Soule
Journal Building
Boston
King-Crowther Corporation
S. A. Hopkins
United States
C. F. King
Journal
Norton Oil Company
Norton
Delaware County
Indiana
King- Crowther Corporation
King-Crowther
William B. Snow
Federal Service
Co. F. King
George C. Boggs
Finleyville
Penn
Steward van Dreaser
Francis van Dreaser
Westernville
N. Y
John Thomson
Quebec
Canada
Pastors Asked to Judge Fights in New Castle
The New Castle Ministerial Association is invited by Jimmy Dime, manager of the New Castle Athletic Club, to attend a fight and pass judgment. He will provide tickets and will abide by their decision, inviting clergy to judge the spectacle.
MENTIONED IN THIS ARTICLE
New Castle
Penn
New Castle Ministerial Association
Jimmy Dime
New Castle Athletic Club
Also Mentioned on This Page
Mass Consolidated Mining Company
James Wilcox
aEx
bEx
cAsst
Seattle
United Fruit
United
Greene
Ine
la Salle
Swift & Co
Uss
Frederick R. Tibbitts
Investment Securities
Monks Bldg
Congress Street
Organization
D. W. Smith & CO
Milk Street
Cobalt Our
H. A. Brown & CO
State St
Almond
P. O
Corey, Milliken & 69
Bankers
Massachusetts Electric
John H. Clausen
Phil C. Stingel
Chicago Junction
Aioe
Bos & Piece Tats
Bos Fl
Bos «& M
NY & NH
Union Pac
Arcadian
Atlantic
Bingham
Bonanza
Franklin
Michigan
Santa
Shannon
Trinity
Victoria
Washington
Wu Wolverine
Ain Pheu
Edison Elec
J Thomas Reinhardt
Exchange Place
Broad Street
Acme
Bay State Gas
Bingham Mary
Boston Calaveras
Boston-Corbin
Boston Ely
Butte-Bradley Ee
Butte & London
Cleveland
East Butte
Furnace Creek
Giroux
Globe Consoleee
Golden Dawn
Hancock
Kruger
Laramie
Nat M & Ex
Nevada-Douglass
Nevada-Utah
Butte
Rosario
Sutton Bay
Silgalena Mining Company
Owen Coldsmith & Coo
OLD South Sldc
Doe
Cone
Westinghouse Electia
Western Union
RIM
Wisconsin Central
Huntington Ave
Show Grounds
Europe
Asia
Globe
Klein’s Drug
Comdr. Robt, J. Peary
John Craicco
Darling of
Tremont Temple
Pole
Comdr. Peary
National League
Columbus Avenue
Boles
Washington St
ST. Louis
Lillian Lawrence
Bowdoin
NCER
Adamowskei
Tel. B. B
Austin & Ston
Musen
Scollay Square
Cain S
Atre
Lyceum
Tremont
Arthur Deagon
Miss Norton
Paul Nicholson
Jimmy Barry
Barnord
Knight Brothers
Marion Sawtelle
Avery and Hart
Musical
Avolos
Nat LeRoy
Minnie Woodford
Paul Stephens
Frances Knight
Lee Brothers
Norton and
Russell
Amos
Kinetograph
N. Lawrence
Thos. W. Ross
Augustus Thomas
Cahli
Directors’ Meeting
Hollis ST
Isaac B. Rich
Cyril Scott
Edward Peple
Castle Square
Alfred Cellier
Dorothy
Winer St
Percy Williams
Orpheum
Oxford
Lee Harrison
Carl
Mary Ohm
Bellman & Moore
Hawthorne
Burt Peter Griffin
He Miles Bros
I. Orchestra
Larne
Dover Sts
Anachist
Village Fire Brigade
Family Circle
Theatre Comique
Howard
Howard S
Brown, Harris & Brown
Irving Jones
Geo. B. Alexander
Rob Joy
Columbia
Pat White
Gaiety Girls
Fall River
Providence
Van’s
JOY Line