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Lowell Daily Courier in Lowell, Massachusetts

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Lowell Daily Courier

Location

Lowell, Massachusetts, United States of America

Date

Dec 08, 1900

Page

7

Stock Market Closes Amid Conflicting Interests and Fire Update

The close showed two competing professional factions controlling the market with gains in Steel stocks General Electric U S Rubber and Sugar T C I and Woolen preferred slipping slightly. Beil mine fire at Anaconda property worsens with gas incidents and a threatened spread compared to the St Lawrence blaze as analysts note a possible near term rally in industrials.

People’s Gas General Electric U.S Cochiti Erie Telephone Michigan Telephone Beil Anaconda St. Lawrence

Market notes show cautious trade ahead of government crop report

The article describes a professional trading mood with operators ready to accept small gains or losses. Attention centers on the government crop estimate due next Monday, with figures debated between 9.5 and 10 million bales. Traders expect a moderate number, hesitating to sell short, while seeing need for a new catalyst to spur bullish moves. Liverpool market dullness mirrors U.S. activity, with short interest nervous but capably covered. Commentary from Corey, Milliken & Co. discusses Amalgamated Copper Co.’s impact on copper shares, noting high capitalization and uncertain earnings justifying dividends. speculation shifts amid new Montana copper settlement prospects. Authority notes 15 percent earnings claimed for American Woolen, tariff impact considered beneficial for domestic demand, while Erie Telephone president denies consolidation rumors with Maryland and Pennsylvania lines.

Liverpool F. A. Heinze Montana James Stillman Robert Bacon H. H. Rogers William Rockefeller Rogers Heinze New York

Trade Review notes quieter wholesale tone with mixed demand

Bradstreet's reports a softer wholesale market with reduced activity in textiles and wool while retail and holiday distribution rise. Weather limits winter goods but northwest reports improve. cotton remains irregular awaiting crop data. Bank clearings reach record levels, railways and iron and steel show gains, and failures stay near normal amid favorable Canadian trade and rising wheat and corn shipments.

China Bradstreet’s

Prospective Mining Tour in Guatemala Ends in Doubt

The narrator recounts a voyage from New York to Guatemala in a Werd line steamer, passing Santiago de Cuba and Cienfuegos, then by rail to Guatemala City and Mantanqua River. He notes lush terrain, high ore grades, and the lure of rubber and cocoa, but warns the venture demanded vast capital and seemed only a prospecting tour, ending with withdrawal from the project. Captain Smart's drinking and indecisiveness contributed to the failure, and Howard shifts focus to rubber and cocoa cultivation as his church leave extends.

New York Santiago de Cuba Panama Cienfuegos Smart South America Guatemala Guatemala City Mantangua Melrose Howard

Foley for Ward 6 Com mon Council

Local election note urges residents to vote Louis A Foley for the Ward 6 common council seat. Endorsement highlights his experience and dedication to community services and city improvements. Voter information and election date follow governing guidelines.

Louis A. Foley

Lynn and Boston railroad seeks power to sell electricity

The Lynn and Boston railroad petitions the next legislature to empower it to convey and set electricity for power and lighting along its lines. The filing requests permission to sell electricity to individuals and corporations and to erect poles and string wires. It may grant rights to place lines on others poles and possibly contract with cities for street lighting and private power supply. Officials decline to comment while cities with existing electric suppliers consider backing the measure.

Lynn, Dec Lynn & Boston Railroad

Also Mentioned on This Page

Stock Market J. S. Bache & Co Watson & Gibson Henry Clews & Co Stock Exchange Bryan Wall Street R. G. Dun & Co Spring Wheat Belt Eee & Stout NEW York Central McKinley Newark Central Lake Atobicon Securities Boston Lee, Higginson &Co State Street Investment Securities American Woolen Company Charles J. Glidden Erie Telephone System Baltimore Erie Telephone Co.a Maryland Pennsylvania Bright Pau New York Market Det. Co Atchieon Atchison Pfd Am Tenacee Canada South Bey Mg He Chess Secon Republican City Committee the Republican Platform U.S Leather West Union Wheeling & L. E Bruston Mars ’ Railroad Boston & Albany Boston & Maine Old Dominion Parrot Santa Ysabel Erie Tel Trade Review Bradstreet Quantity Stickney & Poor Spice Co Mark Lynn Graves Cheeter H. Graves & Sone Hid Coen CG. H. Hanson & CO Lowell Co-Operative Milk. Association Hildreth and Hampshire Streets Lowell Vlanco Co Fox Bessie Father John John Lowel A. G. Pollard & CO Doll Land TOY Dom Palmer Street Merrimack Street Mercantile Printing
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