Market marked for its dulness on Wall Street
The market reversed early weakness to finish stronger but remained narrow and mainly professional in tone. Copper and steel led gains while low priced industrials and speculative favorites damped broad interest amid international rate moves and a heavy gold import outlook. The session closed with a firmer money market and mixed stock moves.
MENTIONED IN THIS ARTICLE
Wall Street
Imperial Bank of Germany
Berlin
London
Paris
Southern Railroad
Boston
New York
Cal
State Street
Europe
Steel Common
New York Bonds Close Prices Mixed on Monday Trading
Bond market reports show varied closes across issuers including Japan 6s u, U 8 issues, L and N, M & StL, and several rail and utility bonds. Prices range around 80 to 108 with yields largely stable, reflecting mixed demand and shifting credit tones.
MENTIONED IN THIS ARTICLE
Japan
C. U
Do Ist Inc
Nor Pace
OSL
Severkr c
Lewisohn interests in 1899 ore prospects eyed for better copper profits
The Lewisohns paid between 7 and 8 dollars per share for about 3,000 shares. Local observers expect management to push a stronger effort to place the mine on a paying basis, citing a supposed new ore treatment method to boost copper profits alongside gold and silver in the Santa Fe. The stock is non assessable, and insiders' future moves remain uncertain as the properties see little current activity.
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Laramie
Hahns Peak
New York
Boston
Hahns Peak & Pacific
Post
Santa Fe Mining
Ams
Decidi
Fatsam
Santa Fe Mining Company
Lewis
Sohn
Lewissohns
Santa Fe
Board of Control
Trinity stockholders hear year end report and outlook
Lawson presents 1905 year end figures: total expenditures 27309 at the mine and 7491 at the Boston office. Brown notes 626 feet of tunnels since Sept 1 1904. Lawson projects larger returns, claims superior ore deposits to Mammoth Balaklala and Bully Hill, and asserts management will step aside if holders veto. Also mentions Michigan mine showing copper masses and planned improvements at Mass mill. Calumet & Hecla begin work at the old Delaware mine in Keweenaw with diamond drilling ongoing.
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State Street
Lawson
Trinity Stockholders
Boston
New Jersey
Brown
Statesman Group
Trinity
Trinity Company
Mammoth
Balaklala
Bully Hill
Adams
Lake
Michigan
Hoiston Commission
Mass Mill
Calumet & Hecla
Delaware
Keweenaw County
Chicago Grain Quotations and Market Commentary
Ennis and Stoppani report Chicago grain quotes with wheat at 84 to 84 1/2 cents for December and May options at 84 1/2. They note shorts covering pushed prices to a high early, then a moderate late decline as the crowd sold on weakness. Corn is dull but with a strong undertone and oats are quiet but firm.
MENTIONED IN THIS ARTICLE
Ennis & Stoppani
Chicago Board of Trade
State Mutual Building
Chicago
Shorts
Copper Range Stock Suit Answer Filed in Supreme Court
Messrs Tower and Underwood defend against Paine & Webber suit in the Copper Range case. They filed an answer in the Supreme Court denying possession of any Copper Range stock by Thomas W. Lawson and A. C. Burrage.
MENTIONED IN THIS ARTICLE
Messrs
Tower & Underwood
Messrs. Paine & Webber
Thomas W. Lawson
A. C. Burrage
Supreme Court
Chandler Charges Spencer With Egotism and Conceit
Former Senator William E. Chandler issues a signed statement on railroad rate questions censoring President Samuel Spencer of the Southern railroad for egotism and conceit He denies Jim Crow cars influenced the argument despite Southern papers asserting the bill should be resisted on that basis.
MENTIONED IN THIS ARTICLE
Concord
N. H
William E. Chandler
Samuel Spencer
Southern Railroad
Spencer
Southern
Wellesley No Speedway Warns Drivers
Four motorists were cited for speeding in Wellesley and ordered to appear at Dedham court next Saturday. Police trapped drivers on a half mile stretch of Washington street where the limit is 15 mph. they claim cars reached 30 to 40 mph and warned that Wellesley is no speedway.
MENTIONED IN THIS ARTICLE
Wellesley
Dedham Court
Washington Street
Hill disputes claim of no railroad rate cuts
In Portland J J Hill at a banquet denounced as false the statement that railroad rates have not fallen in the last 2 1/2 years. He cited a $667 000 000 reduction in the Great Northern per ton per mile and warned federal regulation would not reach railroads.
MENTIONED IN THIS ARTICLE
United States
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