Market Heaviness and Weakness Dampens Trading
Wall Street and London show a generally heavy tone as prices drift lower after yesterday’s declines. Isolated gains fail to offset broad weakness with iron and steel and railroad equipment shares cautious, while earnings news from Ontario and Western hints at pressure from rising costs. The Bank of England’s weak bullion loss and expanded credits weigh on reserves, contrasting Germany’s stronger cash position as sterling rises and gold export hopes loom.
MENTIONED IN THIS ARTICLE
Wall Street
Ontario & Western
London Bank
Bank of Germany
Sterling Exchange
Boston
New York
Pareyee
Newark
Paris Exchange
London
Europe
England
Bank of France
Paris
Judson
Headley
Leiter
Reading
Union Pacific and Steel
Northwest
Northern Pacific
American Colon
Sugar
Brooklyn Rapid Transit
Metropolitan
Consolidated Gas
Canadian Pacific
St. Paul
Erie
General Electric
Illinois Central
International Paper
Louisville & Nashville
Missouri Pacific
New York Central
Pressed Steel Car
Pullman
Union Pacific
Westinghouse Electric
Rock Island
Wall Street Faces Tight Money and Mixed Markets
The New York stock scene shows money as the dominant factor with volumes limited and a market built on quick trades. European risk, gold exports, and foreign lending pressures dampen real gains while some sectors like Reading and Locomotive show activity amid broad weakness.
MENTIONED IN THIS ARTICLE
State Street
Wall Street
Foreign Exchange House
New York
Europe
Noral
Stock Exchange
Dividends Payable Notices From Pressed Steel and American Vehicle
Dividends payable: Pressed Steel Car Company quarterly on November 2 with preferred stock at 1.34 percent and common stock unspecified. American Vehicle Company monthly with a 1 percent dividend. payment date November 20.
Copper Range stock surge sparks street bullish talk
Gossip on Copper Range spreads through Bull Street as Lake interests buy heavily. Local brokers see higher prices ahead amid strong output and planned cost cuts to eight cents per pound. Boston Consolidated Company concentrator slated to operate at Garfield, boosting confidence in the Superior district.
MENTIONED IN THIS ARTICLE
Ment
Utah Copper Company
Houghton
Franklin
Tecumseh
Kearsarge
New York
American Pneumatic Service Company
W L. Dillaway
The
American
New York Mail & Transportation Company
Mail & Transportation Company
Mall & Transportation Company
Old Dominion
Butte
Hancock
Exchange Place
Utah Copper
Colonel Wall
Mexico Consolidated
Nevada Consolidated
Utah Apex
Lake Superior & Pittsburg
Arizona Commercial
Calumet & Pittsburg
Mining and Stock Exchange
American Nickel
Bay State Gas
Laramie Hatns
Majestic
Montreal
Boston
Mexico
Troy Manhattan
SOULE
Lake
Superior
Boston Consolidated Company
Garfield
Western Roads Fight Over Right of Way
Judge Munger in Omaha grants Union Pacific request for perpetual injunction restraining Chicago Burlington and Quincy from interfering with Union Pacific line construction up the North Platte valley. Supreme court action seeks to halt any future interference.
MENTIONED IN THIS ARTICLE
Omaha, Neb
Munger
United States District Court
Union Pacific Railroad Company
Chicago, Burlington & Quincy Railroad
Union Pacific
North Platte Valley
Stock Counts and Installment Assessment Notes
Listed stocks total 39 660 shares with an instalment due. unlisted stocks total 21 220 shares. Total sales reflect panghl figures and the overall value appears as part of the assessment record.
Dawes Attacks High Finance as Bankers Listen
Charles G. Dawes of Chicago spoke to the State Bankers Association in Lincoln urging focus on correcting wrong practices rather than attacking all powerful groups. He praised the Garfield beef trust report and urged bankers to identify specific misdeeds and build constructive reform.
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Lincoln
Neb
Charles G. Dawes
Chicago
State Bankers’ Association
Central Trust Company
Mr. Dawes
Plattater
Nebraska
Amalgamated
Rockefeller
Steel Trust
Rate Law Drive At Chicago Convention
About 600 delegates signed a pledge to support a new interstate commerce law. David M. Parry, president of the National Association of Manufacturers, delivered the principal address at Steinway Hall. The pledge calls for giving the Interstate Commerce Commission power to set lawful rates after finding a challenged rate unlawful.
MENTIONED IN THIS ARTICLE
Chicago
David M. Parry
National Association of Manufacturers
Congress
Interstate Commerce Commission
Jerome K Jerome Delights Boston Audiences With English Humor
English humorist Jerome K Jerome charmed a selective Hollis Street Theatre audience in Boston. His readings emphasized general observations, sparing heavy English specifics, with notable pieces on beauty myths sparking laughter and a vivid reading from Paul Kelver. A letter from John Snyder praised Charles Klein and the cast after opening night at the Park Theatre.
MENTIONED IN THIS ARTICLE
England
Jerome K. Jerome
Atlantic
Jerome
Hollis Street Theatre
London
Charles Klein
John Snyder
the Park Theatre
Klein
Wellesley Hills
Sir
Elliston
Boston
Lawson Weidenfeld suit linked to Bay State Gas assets
Judge Lacombe in the United States Circuit Court authorized actions by executors of Edward Cooper's estate and United States Marshal against Lawson Weidenfeld & Co and against George W. Pepper receiver of Bay State Gas Co of Delaware. They seek to recover 171206 dollars alleged due to the complainants through sale of securities held by Lawson Weidenfeld as fiduciary agent for the gas firm.
MENTIONED IN THIS ARTICLE
New York
United States
Marshal Eakel
Lawson, Weidenfeld & Co
Thomas W. Lawson
Boston
Lacombe
United States Circuit Court
Edward Cooper
George W. Pepper
Bay State Gas Company
Delaware
Bay State Gas Company of
Shaw Interests Make No Fight Against Lease
A hearing before the railroad commissioners addressed the Springfield Street Railway Company petition to lease the Springfield & Eastern Street Railway. The lease, important due to New Haven control over the leasing company, and Shaw interests’ opposition to New Haven routes, faced no opposition and the matter was taken under advisement.
MENTIONED IN THIS ARTICLE
SHAW
Springfield Street Railway Company
Springfield & Eastern Street Railway Company
New York, New Haven Hartford Railroad
Hartford & Worcester Street Railway Company
New Haven
Fairbanks urges sound bankers in Indiana meeting
Vice-President Charles W. Fairbanks addressed the Indiana Bankers' Association in Indianapolis on October 26, urging that there be not only sound money and banks but sound bankers as well. He said banking requires the highest business judgment and strict adherence to honest, conservative methods.
MENTIONED IN THIS ARTICLE
Indianapolis
Indiana Bankers’ Association
Charles W. Fairbanks
Verdict Over Eighty Thousand Against Leiter and Others
A jury in the New York Supreme Court awarded $80,241 to William H. Franklin and George S. Scott in a suit claiming they lost $65,800 in April 1902 by carrying stock for a pool in International Power Company. Defendants named were Joseph Leiter Joseph H. Hoadley and Cyrus F. Judson.
MENTIONED IN THIS ARTICLE
New York
Joseph Leiter
Joseph H. Hoadley
Cyrus F. Judson
Supreme Court
William H. Franklin
George S. Scott
International Power Company
Chicago Grain Quotations and Market Summary
Ennis and Stoppani report Chicago grain activity with December wheat at 87 89, May 88 91, July 84 85, corn for December 6 47, May 45 46, July 46 46 1 2. Wheat strengthens on foreign buying and short covering. corn rises on independent but supportive influences. oats show active buying as prices advance.
MENTIONED IN THIS ARTICLE
Am Car & Foundry
American Express
Hide & L
Amer Ice Securities
Amer
Pereseeeesere
Amer Pemelt & Refining
Amer Sugar Refining
Amer ‘Fobac
Anaconda Mining
Aitchison Awe
Atlantic Coast Line
Baltimore & Ohio
Fang
Brooklyn Rapid T Transit
Canadian Pacific
I Central of New Jersey
Central Feather
Erenceree
Chesepeake & Ohie
Chie Great Western
Mil & St Paul
Aire
C & St Louis
Colorado Fuel & Iron
Colorado & Southern
Consolidated Gas
Delaware
Hudson
Distilers Securities
Illinois Central
International Paper
Eereseeree
Sontanes City Southern
Rontuyile & Nashville
Manhattan
Metropol Securities En
Metropol St
Miasouri Pacific
Mo. Kan
Texas
Nat R
Ewes
New York Central
Ontario & West
Nocrosk & West
Pacific Mail
Pennsylvania
Steel Car
People’s Gas
Pssportman Palace Vat
Bevobil
Steel
St. Yous SW
Souter
Pacific
Southern Railway
Dennessee Coal & Iron
Texas & Pacific
Upton
Ennis & Stoppani
Chicago Board of Trade
State Mutual
Bosc
Hk Ba
BF Ccssc
Chicago
Ennis & Stoppanit
Surveys Return For New York Ship At Boston Yard
Returned surveys approve equipment valued at 75000 with 15 month time, and steam engineering worth 275000 to be completed in a year. Modernization funds total almost 1000 000 for the vessel.
MENTIONED IN THIS ARTICLE
New York
Boston Navy Yard
Complimentary Concert in Verdi Hall Brighton
A concert in Verdi Hall Brighton was held last evening for the Sisters of St. Joseph. The program featured soprano Sara Veronica Smith contralto Anna Louise Driver reader Elizabeth Ida Hyde tenor M A Phin baritone Ernest B Corbett and pianist director William J O Brien.
MENTIONED IN THIS ARTICLE
Verdi Hall
Brighton
Sisters of St. Joseph
Sara Veronica Smith
Anna Louise Driver
Elizabeth Ida Hyde
M. A. Phin
Ernest B. Corbett
William J. O’brien
Prince Louis of Battenburg Visits St John Harbor Cruise
Rear Admiral Prince Louis of Battenburg arrived in St John New Brunswick with two cruisers Cornwall and Berwick anchored in the harbor. He wore his rear admiral’s uniform during formal proceedings as Thanksgiving Day drew crowds and a brilliant display of national colors.
MENTIONED IN THIS ARTICLE
ST. John
N. B
Prince Louis of
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Boston Consolidated
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North Butte
Granby
Whiting
NEW York Bonds
Japan
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E.b&q
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New, York
Clos
Bell Tel
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oAmal
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Hos & Albany
Bos & Lowell
Cal & Hee Min
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