Market Summary Shows Sharp Rally and Suspected Manipulation
U.S. stock action boosted by New York and Boston lists with total sales by date posted. Gains in Reading and Tamarack Mining contrasted by losses in Sears Roebuck and Rutland pfd. Call money in New York at 2 1 2 percent. Time Money around 4 1 4 to 4 3 4 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Feast Butte
Rock Island Ptd
Sears, Roebuck
Tamarack Mining
Rutland Pfd
Navy
New York Central
Harriman
Central
Union Pacific
Pennsylvania
Hill Stocks
St. Paul
Local Market Sees East Butte Lead Copper Shares Rise
East Butte tops the list with 4795 shares traded while Steel common follows with 4710. Greene Cananea moves 2293 shares in the morning and 165 in the afternoon as Tamarack shows a 2384 gain to 23 4, finishing the day higher overall.
MENTIONED IN THIS ARTICLE
Stock Exchange
East Butte
Steel
Greene Cananea
Tamarack
House of Paine, Ebber & Co
Belef
New York
Muuch
Sullivan Denies Massachusetts Electric Takeover Plans
P F Sullivan general manager of Massachusetts Electric Companies says stock moves are not official, denies New Haven control buyout and Boston Elevated consolidation, notes earnings surpass preferred dividends and that back dividends will come later, while rejecting merger rumors and stressing solid operations.
MENTIONED IN THIS ARTICLE
Massachusetts Electric
New Haven
Boston Elevated
P. F. Sullivan
Massachusetts Electric Companies
Boston
Massachusetts Electric Properties
Tennessee Copper Company to issue 1.5 million six percent bonds
Directors approve retirement of obligations and extra working capital by issuing 1.5 million dollars of six percent first mortgage bonds. Existing bonds include 350 thousand dollars of five percent bonds, with 150 thousand retired via sinking fund. Kansas City Terminal four percent bonds oversubscribed as subscription books closed. majority of new issue expected to go abroad.
MENTIONED IN THIS ARTICLE
Tennessee Copper Company
Treasury
Kansas City
Bradstreet's Report Signals Mixed Trade Trends
Bradstreet's State of Trade reports better retail distribution due to cool weather and earlier buy plans, with firmer pig iron and rising holiday goods activity. Coal remains active while rail earnings slip, grain shows steadiness, and copper dull but later firming. Export demand weak. weekly failures total 248.
MENTIONED IN THIS ARTICLE
New York
Navy
Bradstreet
London
United States
Canada
Telegraph
Bradstreet's
Mining reports show surge in ore and copper at multiple mines
October notes from Chino Company report a total ore increase of 1,726,488 tons with fully 1,293,085 and partially developed 433,445 tons, averaging 2.6 percent copper. Eureka shaft at Arizona Commercial down 930 feet. Rawhide plant in Reno saves over 85 percent of rock values. optimism voiced for Utah, Nevada Consolidated, and several western properties.
MENTIONED IN THIS ARTICLE
Chino Company
Chino
Taft
Eureka
Arizona
Reno
Rawhide Mining Company
Morrisey
Boston curb market shows record copper price and diverse gains
Chino Copper leads with a top price of 243-8 on the Boston curb market. Rhode Island Coal hits a new peak at 91-8 and Calaveras climbs to 3.00. Other issues such as Davis Daly Ari zona Mines and Yukon Gold show notable moves amid intraday fluctuations.
MENTIONED IN THIS ARTICLE
Mackinaw
Boston
Chino
Rhode Island
Calaveras
Davis Daly
Tuolumne
Bay Central
United Verde Extension
Arizona Mines
Arizona Cananea
Bay State Gas
Amalgamated Nevada
Cactus
Yukon
Nevada
Arizona
Vly
Chino Oeneue
Ariz
Corbin Paw
Cortez
Utah
Oneco
Ray Central
South Lake
Trade review notes cautious activity across the U S
R G Dun & Co reports a still low volume of transactions but generally increasing activity across principal industries and cities. Cotton goods show spring demand while print cloths and convertibles weaken. export trade is quiet with some China inquiries. failures total 74 in the U S, 239 last year, 33 in Canada, against 20 a year ago.
MENTIONED IN THIS ARTICLE
New York
R. G Dun & Co
China
United States
Canada
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William E. Soule
Beston
Sub-Treasury
York Sub-Treasury
Totem Wee
Freie Sweets
Reichsmarks Eete
Sete
Ask
Rez
Coun
West T & T
Nor
Gt Nor Ore
Atelison
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Fitchburg
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Spain
Iowa
Rutland
Manhattan
Msp&s
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Tos
Io Mining
Aes
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AIM
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Lot
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Tata
Nelson Devee Mu Colony
Rock Island
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Fee
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TORY
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TOBDE
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General Exploration Co
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Vulture Qa Mesteso Metals
James Shay & GO
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Sullivan
S. W. Eeeles
Nevada Consolidated
James Phillips, Jr
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Charles Hayden
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YOO Atebadj
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M. C. Union
Boylston St
PEPSI
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Boston Terrier Club
Horticultural] Hall
Wed
Castle Sq
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Winter St
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Too
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Alanm
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Sothern Marlowe
Washington St
Bostes
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