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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Lynn, Dec
Lynn & Boston Railroad
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