Recessions Follow Early Price Gains In Stock Market
Prices on the New York and Boston exchanges showed an irregular drift after morning strength, with Steel issues drawing heavy demand and signaling potential future gains. The day featured high activity in Amalgamated, Smelting, and Erie, plus talk of Steel Corp expansion and a planned $25 million Marquette steel works project, while North Butte traded sharply and pressured nearby stocks.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Am. Express
K. C
Pacific Coast Power
North Butte
State Street
Pittsburg
Steel Corporation
Gary
Marquette
Michigan
Steel
Bethlehem Steel
Sloss- Sheffield
Republic Iron & Steel
Colorado Fuel
Burlington
Great Northern
Northern Pacific
Erie
Reading
Southern Pacific
Union Pacific
New York Stock Exchange
Cscccssececs
Newsork Fntaw Sys
Clonvine
Sub-Treasury
Creas
Sterling Heer
Evans Seca Pattiene
Market Record: Boston Stocks Bonds and Daily Sales
The Boston Market reports the day’s stock and bond price movements with a precise summary of total sales. Details cover price changes, transaction volumes, and overall market tone for May 24.
MENTIONED IN THIS ARTICLE
Boston
S. W. D. Campaign Promises $2.50 Share Target
A promotional notice states the commercial side of S. W. D. is delayed by unforeseen causes. It claims ongoing efforts, night and day, by executives and attorneys to land a triumphant public announcement and reach $2.50 a share in a broad active market.
West Coast Smelting Plant and Local Mining News
The Mazatlan smelting plant project gains momentum with Southern Pacific access and Harri man line completion boosting prospects. A. E. Fitkin & Co. expands to 27 State street with W. C. Hardy and J. W. Turner as managers. Majestic Mines reports May 17 sinking to 600 feet at Harrington-Hickory with 4 to 5 feet daily progress and a 200 foot target by July 1. Diamond drilling may start at Oneco Copper this week amid curb market activity.
MENTIONED IN THIS ARTICLE
Mazatlan
Southern Pacific
Harriman
Colonel Greene
A. E. Fitkin & Co
Kilby Street
State Street
W. C. Hardy
J. W. Turner
Majestic Mines Company
Harrington-Hickory
Moffat
Ee At
Its
Oneco Copper Mining Company
Starks Iles
Iowie Allis Chalmers
Amalgamated Copper
American Agricultural
Amer Car & Foundry
American Cotton Oil
Ae Soo
Amer Hide
Amer Ice Securities Noe Soo
Amer
Amer Smelt & Refining
Amer Sugar Refining
Amer Tel & Te Seaves
Amer Tobecco
American Woolen Seas
Anaconda Mining Co
SON
Atchison Ee
Atlantic Coast Line
Baltimore & Ohio
Towa
Bethlehem Steel Bee
Brooklyn Rapid Transit
Soo
Central Teather
Chesapeake & Ohio
Chie & Alton
Chie & Northwestern
Mil & St Paul
Colorado Fuel & Iron
Cole & So
Consolidated Gas
Denver & Rio Grande
Distillers Securities
Great Northern
Tllinois Central Ee
Interborough
Inter Harvester
Inter Marine
International Pump
Kansas City Southern
Louisville
National
Nat Rys
Mexist
New York Central
Ontario & Western
Norfolk & Western
Northern Pacific
Pacific Mail
Peewee
Pennsylvania
People’s Gas
Pitts
Pressed Steel Cor
Steel Spring Ee
Reading
Ee Steel Tee
Rock” Tsland ‘Co
St ‘ Louis
Sheffield
Ene Pacific Aeae
Southern Railway
L & Western
Algiv Olene Pacific
United States Realty
United States Rubber
Tao An Ao An
United States Steel
Utah Copper
Ccsacsves
Boston Curb Market Sees Demand Rise and Firm Prices
In Boston on May 24, curb market demand increased for several issues, including Southwestern Development Yukon Gold Helvetia La Rose Geyser Bay State Gas Raven Nevada Utah Vulture Cumberland Ely. Prices remained largely steady from Saturday finals with small fluctuations listed for stocks such as Amal. Nev. Acme Ariz. Mich. and Arizpe.
MENTIONED IN THIS ARTICLE
Bay Locks
Butte Coalition
Chicago
Davis Daly Copper
Douglas Copper
Giroux Mining Eee
Conae
Greene Cananea Oo
Kerr Lake Prt
I.a Rose Ee Eae
Manhattan ‘Transit
McKinley Darragh
Miami
Utah
Nipissing M Co
Ohio
Nevis
United Copper
Boston
Southwestern Development
Yukon Gold
Helvetia
la Rose
Geyser
Bay State Gas
Raven
Nevada Utah
Vulture
Cumberland Ely
Beaver
Boston Ely
Cactus Devel
Cal & Corbin
Chemung Cap
Consa
Corbin Sane
Rly
Davis-Daly
Dominion
Douglas
Goldfield
Laramie
Mason Valley
Mines of
Nevada
Nipissing
Sonora
Southwest Dev
Flint Mill Stock Vote Doubles Capital in Special Meeting
At a special meeting of Flint mill stockholders on a May afternoon, the group voted to increase the capital stock by doubling it in response to business needs. The move follows strategic discussions and reflects confidence in the mill’s future operations.
MENTIONED IN THIS ARTICLE
Silver Rock Cobalt Mines Company
Treasury
Fal River
Flint Mill
Capital investment to expand mills increases total to 1 160 000
The plan adds funds to reach a total of 1 160 000 and authorize a second mill with a capacity of 50 000 spindles.
New York Bankers Offer Armour & Co Bonds
Kuhn Loeb Co and the National City Bank of New York purchase 30 million dollars in Armour & Co real estate first mortgage gold bonds as part of a 59.6 million dollar issue. Subscriptions open with 2 percent interest and 951/2 percent to delivery, secured by substantial assets and required quick assets to cover debt. Bonds to be listed on the New York Stock Exchange with initial payments and deadlines of May 26 and June 17.
MENTIONED IN THIS ARTICLE
New York
Samuel McRoberts
Armour & Co
Armour and Company
Armour Car Lines
Elso
New York Stock Exchange
New Mill to Open in Millbury Center
Millbury Worsted Company and Uxbridge plan a new mill in Millbury center to start operations soon, creating jobs for additional workers.
MENTIONED IN THIS ARTICLE
Millbury
Millbury Worsted Company
Uxbridge
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire
St. Boston
Wal St
Baring Brothers & Co., Ltd
London
Willet
Willet Silver Mines, Ltd
Kerr Lake
P. O
Auerbach, Mackenzie & Co
Exchange
Ely
Giroux Ely Central
Arizonas
Montanas
B. H. Sgheftels & 60
Broad St
Monroe St
Liquid Copper Co
U. S. and
Foreie
Weekly Stock Exchange
Journal Building
Douglas Shoe
Columbian Nat'l Life Inn
Investment Sec
American Glue
U. S. Envelope
Boston Securities
Regal
Heywood Bros. & Wakefield
United Postal Machine Co
Syracuse
Hotchkin & CO
ETIA
Helvetiz
A. D. F. Adams Commission
Fort Hill
S& State
Michigan Central
R.R
New York Central System
William E. Soule
New York Mining Age
W. C. Greene
Mexico
the Age
Harriman Road
Sinaloa
Tee
York
Ae Oy
Atlantic Gulf
B & Q Jt
Chicago Junction
Chicago & W Mich
Boston & Albany
Boston & Lowell
Boston & Maine
Con & Mont el A
Fitchburg Eee
Old Colony
Rutland
Vermont & Mass
West End
al Io Arcadian
Arizona
Atlantic
Alumet & Arizona
Franklin Tae
Greene Cananea
RO la Salle
North Butte Tee
Old Dominion
Tamarack
Trinity One
Utah Consol United Copper
Toe
Victoria
Wyandotaie
el Land
East
Wollaston
Tel & Tel Ewes
Tel & Tel
Boston & Worcester
General Electric
Georgia Electric
Pacific Coast
Seattle
Nat Pullman
United Fruit
United Shoe
U S Steel
Pat Eh Ae Bte
Amalgamated
Am Ag Chem
Dany
Ratopilas
Bos Bley
Boston Consol
Boston Corbineove
Dominion Tronte
East Butte
Giroux
POL Swift & C
Superior & Boston
Superior & Pitts
S Coal
Richard J. Burton
Congress Sq
Silver Rock Cobalt Mines Co
New York Central Realty Company
NEW York Central Realty CO
Congress St
Congress Street News
Maine
California
Co. B&b. Barnard CO
Harry E. Jacobs & CO
Court
Rhode Island Coal
James Shay & CO
State St
Armour & Company
United States
Real Constructio Siti
Ria Se ‘ Oe Ie
East St. Louis
Fort Worth
Sioux City
Peewee Wee Ee
the National City Bank
Wall Street
Jas
Bullfrog
Bullfrog Pilgrim Mining Company
Bullfrog Pilgrim
Locklin, Manning & Martin Co. Brokers
Mass
Carolina Chemical
Wabashee Tone
Western Maryland
Westinghouse Electric
Western Union
Wheeling & Lake Erie
Wisconsin Central
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