Copper stock rout hits New York as prices slide
Copper shares tumble with Amalgamated dropping to a new low for the year while Anaconda, Smelting, and other miners fall under heavy selling. The market closes with a late rally though overall averages remain down and copper prices weaken further in London and nearby markets.
MENTIONED IN THIS ARTICLE
State Street
New York City
Pennsylvania
Stock Exchange
London
Boston
Amalgamated
Anaconda
Brooklyn
National
Steel
Reading
Union Pacific
Hill
Wate News
St. Paul
Great Northern
Northern Pacific
Southern Pacific
New York
New York Stock Exchange
Duluth
Bisbee
Lake Superior
Cole-Ryan
North Butte
Calumet & Arizona
Greene Cananea
Mining-Curb Letter on Amalgamated and Anaconda Declines
New York reports Amalgamated and Anaconda shares slipping to new lows while Nevada Utah shows strength up to 44. Trinity cited as a weak point but deemed a better buy now. Goldfields declined amid miner tensions, yet overall market seen as cheap with a free information bureau and margins offered on listed stocks. Correspondence invited.
MENTIONED IN THIS ARTICLE
New York
Pittsburg Dispatch
Philadelphia Press
St. Louis Republic
New York Commercial
Boston Post
Detroit Free Press
Baltimore American
Amalgamated
Anaconda
Nevada
Utah
Trinity
Remarkable Alton Glassware Exhibit Boosts Investment Pitch
A Boston promotion touts Alpine Alton Manufacturing Company glassware from Sandwich with an Austrian display. The pitch offers 8 percent Alton preferred stock plus King Crowther shares, with a bonus of one Alton common per two shares ordered. The plan seeks to move 600 King Crowther and 600 Alton preferred shares, promising rising dividends and future stock values, and invites inspections at the president’s office.
MENTIONED IN THIS ARTICLE
Chatham Railroad Company
New York, New Haven & Hartford Company
Cape Cod
Five Cents Savings Bank
American Iron & Steel Company
Roswell Miller
Chicago, Milwaukee & St. Paul Railway Company
New York
Pacific Coast Company
United Shoe Machinery Company
William Barbour
J. H. Hanan
L. H. Baker
Fred H. Wallace
Charles G. Rice
Mexican Central Railway Company
Alton Manufacturing Company
Sandwich
Cape
Boston
King-Crowther Corporation
Alton Manufacturing Comany
King-Crowther
Alton Preferred
Alton Common
Alton
State House
United States
Europe
New England
Sandwich Glass Works
Alton “Inverto” Lights
Alton Glassware
King Crowther and Alton
Norton Oil Company
Indiana Pipe Company
Ohio
Indiana
Texas
Turge
King-Crowther and Alton Preferred
Buy Trinity Stock Yet Warned By The Market Downturn
A bold investor urges buying Trinity stock as prices slump on Wall and State streets. He touts Trinity's strong plant, ample cash, and 10 year контракт with Balaklala American Smelting, predicting high future dividends and market rebound.
MENTIONED IN THIS ARTICLE
New York
Boston
Wall
State
Trinity
Great Trust Company
American Trust Company
Boston Stock Exchange
Stock Exchange
Boston Curb Market Trading Slows Yet Prices Stand
Heavy trading on the Boston curb market as investors liquidate holdings. Superior & Pitts burg weakens to 10 percent, Boston & Corbin falls to 9 percent, Bullfrog Mines to 14 cents, steamship bonds steady at 25. Official sales detail the day’s fluctuations.
MENTIONED IN THIS ARTICLE
J. Thomas Reinhardt
Boston
Broad Street
New Change Place
York City
Bay State Gas
Bingham Mary
Black Mountain
Boston-Corbin Eae
Boston Ely
British Columbia
Bullfrog M, Inc
Butte Cent Pref
Butte-Bradley
Butte & London
Carisa Copper
Cleveland Cobalt
Copper Securities
Cumberland Ely
Davis-Daly
Douglas Copper
Dominion Copper
Eagle & Blue Bell Oly
East Butte
Eclipse Ollene
Farwell Rills
Giroux
Laramie
Nevada
Silgalena See Ee
Adele
Superior Copper
Superior & Pitts
Troy Manhattan
United Oil
Hon Mae
Utah-Apex
Ximo
Seesessers and
SOULE
New York Market Fluctuates Amid Copper Decline
Wall Street sees a day of mixed sentiment with prices shifting under conflicting influences. Copper stocks weaken, copper prices slide in London and New York markets, impacting copper industrials while New York bond sales offer a cheerier note to traders unsure about broader trade conditions.
MENTIONED IN THIS ARTICLE
Wall Street
London
New York
New York City
Bond Market Sees Mixed Activity After New Issue
Market observers note investors feared higher returns from yesterday’s bond issue would shift prices across New York issues. Call money eased after bond sale preparations and Union Pacific convertible subscriptions. Day ends with a firm rally despite irregular bond prices and par value sales totaling $960,000. United States 2s registered rose 1 quarter of a percent on call.
MENTIONED IN THIS ARTICLE
New York City
Union Pacific
United States
Also Mentioned on This Page
Calumet & Hecla
Quincy
Street
Wolverine Company
Quincy Company
Columbus & Hocking Coal & Iron Company
Ely
Exchange
Tennessee Coal, Iron & Railroad Company
St. Joe Railway, Light, Heat & Power Company
Richard H. Swartout
Chicago
Virginia Carolina Chemical Company
John Hays Hammond
Guggenheim Engineering
Gloucester
Mass
Willis James
Phelps-Dodge Company
New Bedford
Butler Mills
New York Central
Newman
Buffalo
Coniagas
la Rose
Nova Scotia
Union Ferry Company of
Pennsylvania Railroad
Philadelphia
Chicago, Burlington & Quincy Railroad Company
Navy
Nebraska
Kansas
Ado
Wyoming
The
Horn Silver Mining Company
Martin F. Austin
Paul Morton
Equitable Life Assurance Society
Thomas F. Ryan
England
National Sugar Refining Company of New Jersey
New York Metal Exchange
Portland & Rumford Falls Railway
Rumford Falls & Rangeley Lakes Railroad Company
Portland
B. D. Caldwell
Lackawanna
Iron Trade Review of
Cleveland
William E. Soule
Amalgamated Pearereee
Calumet & Heela
Centennial
Franklin Ae
Sly Mass Mining
Michigan
Old Dominion
Osceola
Shannon
la Salle
Arizona Commercial
Boston Consolidated
Butte Coalition
Mohawk
United Copper
Smelting Common
Utah Consolidated
Wolverine
Arizona
LORDS
AG Boston
Oston
Treasury
New York Clearing
Bankers Sterling
Esse
Reichsmarks E
F. Jonasson & Co
Congress Street
Broadway
Boston Statist
Goldfield
Inter-Trust Security CO
Water St
Ennis & Stoppani
Broad ST
Consolidated Stock Exchange of
N. Y
New York Produce Exchange
Chicago Board of Trade
Mgr
King-Crowther Oil
Chicago-New York Air Line
Reynolds-Alaska Development
Ures Consolidated
American Telegraphone
Agnew Auto Mailing
Gray National Telautograph
Silver Leaf
Cobalt
Trinity Copper
Lawson
Columbian National Life Insurance
Greene Gold-Silver
Nevada-Utah
United Wireless
Marconi Wireless
Nevada-Douglas
Consolidated Steamship
James Shay & CO
State St
Ah Financial Centres
TEL
H. C. Gibbs & CO
GO State ST
Amer Bell
Atchison Wes Peace Aand Star
Atchison
aBos & al
Bos Eley
Atlantic
Acal & Ariz
aCal & Hee
St Mary's L
Victoria
Edison Fl
Flores
Greene
Isle Royale
Swift &O
Akx-Dig. Bdasst. Pd
C. F. King
Journal Building
Ebon
Rogers
Rockefeller
Cole
Ryan
Pts
Thomas W. Lawson
P. S
Press of the World
Amalgamated Copper
Car & F
Hide & Leath
Anaconda Mining Co
Atchison Erence Se
Chicago, Mil & St Paul
Cc. Co. C & St Louis
Colorado Fuel & Tron
Colorado & Southern
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
Kansas City Southern
Louisville & Nashville
Minneapolis & St Louis
St P & St Ste M
Missouri Pacific
Ontario
West
U. S
Old South Building
Crooker Blacking CO
Maine
Curtis & Sederquist
Qur
Penn
Laramie, Hahns Peak
van Horn
E. S. Crawley
Congress St
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