Market declines as corn price forecast spurs stock selloff
Wall Street reports a 1.9 billion bushel corn crop estimate reinforced by Great Northern’s President Hill prompts broad stock declines across railroads and industrials. Amalgamated Copper falters while Union Pacific gains on frost and territory relief. Local market sees two sided movement with reports of short selling and a pending rally, amid copper price adjustments and a 1904 earnings note from New Haven Hartford.
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President Hill
Great Northern Railway
Railrroad
Weather Bureau
United States Steel
Amalgamated Copper
Union Pacific
Bears
Boston
New York
Wees
State Street
Amalgamated
Mohawk
Osceola
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United Fruit
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Ahmeek
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Bald Butte
Greene Consolidated
Horseshoe
Marconi
James J. Hill
Jones
New England
New Haven & Hartford
H. F. Blount
American Security and Trust Company of Washington
Greene Consolidated Copper Company
United Metals Selling Company
New York, Ontario & Western Railroad
Boston & Worcester
Heath
Wheat and oats mixed as Chicago grain letter notes nervous market
Ennis and Stoppani report higher wheat cables and weak cash demand while a firmer undertone and dip purchases offer profit potential. Corn receipts were firmer on forecasts of freezing weather. Oats trade slows with good cash demand and light forward trading. Also a travel bargain offers Boston Albany round trip for 5 dollars with a New York stopover.
MENTIONED IN THIS ARTICLE
Ennis & Ererpant
Chicago Board of Trade
State Mutual
Cl. Oper High
Ennis & Stoppani
Chicago
Qorn
New York Stocks End Slight Rally After Broad Downtick
The New York market saw a downtrend through the day with a late rally as rails softened about two points on averages. Union Pacific held its ground amid weakness, while Steel declined on billet cuts. Amalgamated weakened after early strength. Total sales reached 275,050 shares with mixed results across key issues.
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New York
Pennsylvania
Louisville & Nashville
St. Paul
Missouri Pacific
Atchison
Union Pacific
Amalgamated
Lst
John Filkins & Co
Congress Street
Brook Rap Tran
MU &Sp
RI & Pcom
Southern Pacific
Southern Ry
Rogers Illness Improves at Fairhaven
Henry H. Rogers Standard Oil magnate recovering from illness at his summer residence in Fairhaven, family members report. In other news, Colonist tickets from Boston to San Francisco and Pacific coast points list low fares Sept 14 to Oct 15, with guided excursions, Pullman car service, and agents promoting the Chicago Union Pacific Northwest line.
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Oregon
Washington
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San Francisco
Los Angeles
Portland
Tacoma
Seatle
Pacific Coast
Utah
Wyoming
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Idaho
Chicago
Union Pacific & Northwestern
New England
J. E. Brittain
Washington Street
Gas stock battles and Addicks gains in Boston firms
A heated negotiating scene features Addicks pressing to buy gas companies at high prices. He wins control of the Boston Roxbury and South Boston ventures, creates Bay State entities, and earns about seven million after converting bonds and stock. Subsequent Brooklyn fight and further gas dealings are teased for future chapters.
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Addicks
Boston
Monte Cristo
Philadelphia
London
Roxbury
South Boston
Bay State
Massachusetts
Delaware
Bay State of
Lawson’s Frenzied Finance paints Addicks as a rogue financier
In the October Everybody's Magazine installment of Thomas W. Lawson's Frenzied Finance, Lawson portrays J Edward O'Sullivan Addicks as a corrupt, heartless schemer who toys with Boston gas interests and Standard Oil plots. He describes Addicks as a "financial guerilla" and a "bad man" whose audacious Boston dinner opened a path to gas property control, signaling the onset of a vast, manipulative campaign against American governance and business ethics.
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Thomas W. Lawson
Everybody's Magazine
Amalgamated Copper Company
Standard Oil
J. Edward O'Sullivan Addicks
Mr. Lawson
Brooklyn
Rogers
Henry H. Rogers
Philadelphia
Destiny
United States Senate
Addicks
Boston
J. Edward O'Sullivan
Crite
Cold wave lifts grain prices in Chicago trade
Northwest frosts spur active short covering sending wheat and corn higher in Chicago. Oats gain about a cent and a quarter, provisions rise up to roughly five cents. Initial panic from a cold outlook fades as buying returns, closing firm on December bids despite some selling.
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Chicago
Shorts
Northwest
Dakotas
Minnesota
Dividend Schedules Behind 1900s Company Notices
American Smelting and Refining Company lists quarterly 11 4 percent preferred as of Oct 11 and 11 4 percent common as of Oct 25. New York Central Railroad declares quarterly 11 4 percent on Oct 6. American Shipbuilding Company shows semiannual 3 percent preferred with Oct 15 record. American Agricultural Chemical Company semiannual 3 percent preferred with Oct 1. Corn Products Company quarterly 13 4 percent preferred with Oct 10.
MENTIONED IN THIS ARTICLE
Atchison
Baltimore & Ohio
Sily
Canadian Pacific
Central of New Jersey
Chesapeake & Ohio
Chicago & Alton
Chicago & Great West
Chicago & Northwestern
Mil & St Paul
Chicago Ter & Trans
CC & St
Colorado Southern
Delaware & Hudson
Delaware, Zack & West
Denver & Rio Grande
Erie
Hocking Valley
Illinois Central
Iowa’ Central
Kansas City South
Louisville & Nashville
New York Central
Norfolk & Western
Ontario & Western
Pennsylvania
I Rock Island Co
TOY
St L. & San Fran
St Louis
Southern Pacific
Southern Railway
Texas, & Pacific
Toledo
Wheeling & Lake Erie
Wisconsin Central Eens
Amalgamated Copper
Anaconda Mining Co
Brooklyn Rapid Transit
Colorado Fuel & Iron
Consolidated Gas Ee
Republic Steel
Tennessee Coal & Iron
Realty & Imp
American Smelting and Refining Company
New York Central Railroad
American Shipbuilding Company
American Agricultural Chemical Company
Corn Products Company
Boston Stocks and Bonds Excerpt Summary
Boston market notes show aEx-dividend and first instalment paid. Assessments paid. Total sales include Listed stocks with 31,588 shares, bonds valued at $23,000, and unlisted stocks totaling 11,488 shares.
Doors Open to Chinese Women in Deportation Case
United States Commissioner Stadion rules Dee Gum Yip, a Chinese woman held for deportation, may stay if she marries a regularly admitted Chinese man after arrival. He notes the marriage, even if performed to gain residence, conforms to U.S. law and prevents deportation.
MENTIONED IN THIS ARTICLE
Portland
Ore
United States
Stadion
Dee Gum Yip
Yip
Sailor Lost Off Mt Desert Island During Gale
Captain Springer of the British schooner J. L. Colwell reached Boothbay Harbor from Tusket Nova Scotia reporting seaman George Cheney aged 23 from Yarmouth Nova Scotia was washed overboard and drowned during Thursday’s gale off Mt. Desert Island.
MENTIONED IN THIS ARTICLE
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Springer
J. L. Colwell
Tusket
N. S
George Cheney
Mt. Desert Island
Cheney
Yarmouth
Close Time on Deer Now Off in Cumberland County
Portland Maine September 20 Cumberland county opens to sportsmen after big game with four years of close time ending last October. Deer abundance rising across York Cumberland Sagadahoc and Androscoggin counties as citizens doubt further legislative changes.
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Portland
Cumberlanda
York
Cumberland
Sagadahoc
Androscoggin
Greatest Exposition Tour From Boston to World Fair
Tourists hail the St Louis world fair as unmatched and affordable. Royal Blue line offers an 11 day high quality package departing Boston September 24 for 75 dollars covering all expenses. Send a postal to Joseph P Taggart at N E P A Boston for itinerary.
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Boston
Joseph P. Taggart
Washington Street
Mass
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