Copper Market Rebounds After Morning Slump On Wall Street
Early trading on the Boston market followed Chicago bank failures with convulsive liquidation as copper shares led losses. By 11 o'clock prices rallied on clearing house assurances, with United Copper Copper Range and North Butte posting gains while overall copper fell 1 to 3 points. Amalgamated Copper, Union Pacific, and Brooklyn Transit showed varied moves, but late day prices recovered, ending the session stronger with many stocks retracing losses from early declines.
MENTIONED IN THIS ARTICLE
Chicago
Boston Stock Exchange
Chicago Clearing House Association
North Butte
United Copper
Amalgamated
New York
Wall Street
Amalgamated Copper
Union Pacific
Brooklyn
St. Paul
Reading
New York Central
New York Stocks Slump After Chicago Bank News
In New York on December 18, amid Chicago bank insolvencies, stock prices opened with steep declines and broad losses across many issues. Union Pacific led with large early sales, while St. Paul, Smelting, Reading, New York Central, Missouri Pacific and U S Steel preferred also fell. Markets later rallied modestly as support purchases appeared but remained feverish and unsettled with many second grade stocks. By noon liquidation intensified, prices returning near or below early lows and additional two point losses accumulating.
MENTIONED IN THIS ARTICLE
New York
Chicago
Union Pacific
St. Paul
Reading
New York Central
Kansas City Southern
Lead
Colorado Fuel
People’s Gas
Sugar
Missouri Pacific
U. S. Steel
Kansas
Texas
Canadian Pacific
Tennesee Coal
Sloss Sheffield Steel
Cotton futures open steady on New York market
New York futures opened steady with December at 11.72, January 11.79, March 12.08, April 12.15, May 12.23, July 14.29, August 12.10 and October 11.00. Spot closed quiet five points lower with middling uplands at 12.15 and middling gulf at 12.40, sales around 1100 bales.
MENTIONED IN THIS ARTICLE
New York
Copper and mining stocks eye year-end shifts
Copper exports for the first fifteen days of December total about 8600 tons. Trading notes hint New York traction stocks and an upward January swing. Calumet and Hecla earnings may hit $75 a share. Anaconda mine ore body on 2200-foot level opened with copper above 15 percent. American Woolen may declare 4 percent dividend in January. Western banks show wobbliness amid early-week failures. John Stanton predicts a 20-cent copper market as demand rises.
MENTIONED IN THIS ARTICLE
New York Traction
Butte
Mont
Anaconda
Foreign Financial News Finds Liverpool Markets Shortened Holiday Week
Liverpool reports the corn exchange will close on December 23 25 26 and January 1 extending a partial holiday period. Traders await resumption after the New Year as schedules adjust to the year end.
MENTIONED IN THIS ARTICLE
Liverpool
Corn Exchange
You Will Want A Doll Tea Set Or Carriage
An ad for a doll tea set and carriage aimed at little girls offers items at 28 cents each. Dickson's Tea Store located at 68 Merrimack Street promotes the sale with low prices and child-friendly messaging.
MENTIONED IN THIS ARTICLE
Dickson's Tea Store
Merrimack Street
Chicago Fin Institutions Wind Up After Bank Run
Three large Chicago financial institutions moved toward liquidation after a bank run. Depositors packed Chicago National and Home Savings banks as officials resigned and a syndicate led by bank officers and top city bankers prepared to wind up affairs and pay all claims.
MENTIONED IN THIS ARTICLE
Chicago
Chicago National
Home Savings Banks
Blunt
Home Savings Bank
Chicago National Bank
Clearing House Association
Walsh
C. H. Bosworth
J. B. Forgan
First National Bank
Orson Smith
Merchants Loan and Trust Co
James H. Eckels
Commercial National Bank
Byron L Smith
Northern Trust Co
C. K. G. Billings
Blount
Equitable Trust Company
Chicago National Bank Balance Ties Boston To Trouble
Boston December 18. The First National Bank of Boston reports it is the correspondent of the Chicago National Bank whose failure, alongside two others, was announced today. The Boston bank records a balance here of over $200 000 as the Chicago institution faced collapse.
MENTIONED IN THIS ARTICLE
Boston
First National Bank
Chicago National Bank
Home Savings Bank
Equitable Trust Company
Chicago
Bonds and Surety Services for Municipal Bonds
American Surety Company offers bonds for licenses privileges and permits and all city bonds. Using our corporate bond removes personal obligation while providing strong security. Brewers and tobacco manufacturers and others needing internal revenue or state federal bonds should apply to us.
MENTIONED IN THIS ARTICLE
American Surety Company
No clear headline from fragmentary notice
Fragmentary OCR text lists names and addresses including American Surety Company and Solon W. Stevens attorney, with scattered terms that resemble a legal or business notice but lacks coherent event or actions.
Safe Deposit Vaults and Burglar-Proof Goods Ad
An advertisement from Sudbury Street Boston promotes direct purchase from the manufacturer of safe deposit vaults and burglar-proof doors. It notes stock on hand including secondhand safes and mentions limited banking tie between Boston and Chicago and a Chicago National Bank suspension affecting a First National Bank with a $200,000 balance to be paid to authorities.
Bowling Standings Hold Tight as Browns Ices Tight Race
The past week of bowling leaves standings stable with the Fairmounts equal with the Browns for first. Indians climb to third past the Olympics while Boston & Maine gain on the Hillsides. If the Indians and Fairmounts split or the Browns win against Hillsides the Brownies could seize first. The Fairmounts lead team averages with five players at 90 or better and a season high pace. Upcoming: Brownies vs Hillsides, Olympics vs Boston & Northern, Indians vs Fairmounts, Boston & Maine vs Thorndikes, South Ends vs Wainaiun cus.
MENTIONED IN THIS ARTICLE
Fairmounts
Boston & Maine
Hillsides
Boston & Northern
Thur Pa
Thorndikes
South Ends
Wainaiuncus
Wall Street Shock as Chicago National Bank Fails
New York reports the Chicago National Bank and two affiliates fail, shocking bankers. Walsh's money troubles and failed $5 to $6 million railway bond sales tied to Southern Indiana railway are cited. Local correspondents include First National and Phoenix National, with Phoenix noting over $250000 balance. Equitable Trust of New York emphasizes no link to Chicago firm.
MENTIONED IN THIS ARTICLE
Walsh
Bedford Quarries Company of
Indiana
Southern Indiana Railroad Company
Monon Railway
Mr. Walsh
Illinois Southern Railway Company
Rand, McNally Company
Southern Indiana Express Company
Chicago
Pennsylvania Company
New York
Chicago National Bank
First National Bank
Phoenix National Bank
First National
Chicago National
Equitable Trust Company
Equitable Trust Company of
Southern Indiana Railway
Illinois
Chacago
Lowell Centrals Defeat Brockton Y M C A in Tight Battle
Lowell Centrals, amateur champions for three years, defeated Brockton Y M C A 16 to 10 in a hard fought game in Brockton. Myrick led with six baskets from free throws, Patrick and O'Brien added two each, Hobbs and Gray contributed, and Lowell showed strong defense against Brockton's Smith and Lawson. The report notes the fast clean play, the size of Brockton's opponent and the dramatic comeback by Lowell.
MENTIONED IN THIS ARTICLE
Centrals
Brockton
Miyrick
Patrick
O'Brien
Hobbs
Dan Gray
Lowell High
Theodore Pearson
Lowell
Hooks
Smith
Lawson
Lowell Centrals
Brockton Y. M. C. A
Myrick
Foyle
Knox
Marlboro
P.C
Oe Soeveseseees Oy
Brockton Y. M. C
Republican Club
Myrick If
Ib Smith
Bby iv
Gray
Wilson Philodeans
Paurick
Er Mathews
Eaccsievell Hobbs
Rf Lawson
Lowell Myrick
Sheldon
Lowell Pawheckeeneee
Jaffeock
Mrock von Smith
Marsden - Sees Peretereee
Brock On
Mahoney
Brockton Lawson
Banks to liquidate under clearing house plan
Telegraph report from Comptroller Ridgely in Chicago states clearing house banks will guarantee payment of all liabilities for three failing banks. Officers and directors resign, replaced by clearing house committee and Examiner Bosworth who will run liquidation. Plan aims to relieve turmoil locally and nationally.
MENTIONED IN THIS ARTICLE
Washington
Shaw
Ridgely
Chicago
Clearing House
Bosworth
Perjury admission tied to Dodge case and Hummel fees
The witness Dodge admitted perjury in a narrative linking Sweetser served summons, Ruger as absent counsel, and a $500 payment from Hummel. Capt James Morse testified about directing a $16,600 retaining fee for divorce matters and a string of related affidavits, with Dodge acknowledging false statements in prior reference proceedings. The testimony details family tensions, divorce outcomes, and alleged arrangements surrounding the irregular marriage.
MENTIONED IN THIS ARTICLE
Sweetser
Ruger
Hummel
Dodge
James T. Morse
New England
Charles W. Morse
Morse
New York
Hummelt
Clemence Dodge
Boston
Capt
Delancey Nicoll
Hemme
Bracken
Atlanta
de R Pahanann
Telrept
Moore Case On Trial Reveals High Salaries In Firm
Testimony details mismanagement and high compensation at a $126,000 company. William Livingston and Walter Moore drew $4200 each as directors set salaries. Questioning aimed to show directors sought personal gain amid business reverses and coal pricing issues.
MENTIONED IN THIS ARTICLE
Wm. E. Livingston
Walter T. Moore
Livingston
Moore
Aoe Ge
Amherst
Testimony on Moore and Lowell Coal Company affairs
Geo M Harrigan treasurer of Lowell Trust Co testified about a conversation with Walter T Moore on November 22 between 10:45 and 11:30 AM concerning the coal company affairs and Moore private matters. Moore said if Lowell Coal Co winds up he would work for another coal firm and named a Boston agent. They planned to visit Moore’s house on the 24th. Wim H Wilson also testified he met Moore around noon on the 22nd and scheduled a 6 PM meeting at McIntire Wilson. Moore left the office at about 12:05 PM with no unusual behavior.
MENTIONED IN THIS ARTICLE
Geo. M. Harrigan
Lowell Trust Co
Walter T. Moore
Coal Co
Moore
Lowell Coal Company
Boston
Comony
McIntire & Wilson
Wilson
Notice of Probate for John Hoyle Estate
Commonwealth of Massachusetts Middlesex county cites heirs and creditors of John Hoyle late of Lowell to appear for probate of his intestate estate. James A. Waldo of Lowell is cited to administer bond without surety. appearance required on the nineteenth day of the month at nine o clock in the forenoon before Roane, Register, in Middlesex Probate Court.
MENTIONED IN THIS ARTICLE
Middlesex
Superior Court
A. D
Fidelity and Deposit Company of Maryland
Maryland
Boston
John A. Donovan
Lowell
Theo C. Hurd
Maryer
Parkink
Alice ©. Parker
Middiesel
Charles
Sake
W. B. Rogers
Register
Jobnph Hoyle
Enid
James A. Waleh
Lenen
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Boston Market
New York Market
James M. Abbott
Lewell
Bright
Sears & Co
Merrimack St
Union Bank
C. N. Woodward
Mgr
NEW York Stock Exchange
New York & Boston Stock Exchanges
Hildreth Building
Hurd
John Stanton
Calumet & Hecla Mining Company
Atchison
B&o
Ches & O
Cc & GW
St Paul
Rock Island
Cfé&L
D&h
Erie RR
Erie
L&n
Hey
St Ry
Mk&t
MK & T
NYC Tones
Nyc&w
Pac Mail
Penn Rail
Tex & Pac
U P Pfd
U S Steel Pt
S Steel Bs
Be&m
Allouez
At&t
Foreign Financial News
Chicago National Beak
American’ Surety Company
Paraserce
War
Tories
State Hime Bottom
Mame B. Goddard
BONS
Agia
Woburn
Sherman H. Flitcher
Aura T A. Bule
Bitters
Solon W. Stevens
Atty
Glidden
Mosler
St Sudbury St
Daniel G. Wing
Chicago Bank
Indians
Bowlaway Teague
P. C. Pins
Osm
Weaesee
Wannalandts
B& M
BA Bicseyiste
Mohairs
Monais
Lou
Deiment
Rhones
CuLalaba Suigie Sas
Lia Weapevilves
Olan
Ateh Blues
Gaiety Five
Fullerton Air
Coleman
Higgins
Kelly Br
Marsden
Ind
Southam
Olym Te
Diame
B&m Uu
Savin Sok Ou
Harrinan Olym O'brien
Clogston
Wann
Dickey Inn
Fielding
Quyin
Ls Bridge
B & Ls Ward
O's Sullivan
Dononoe
Whalen Kaly Za
Tus
Rhodes Seashore
Malia
Herbert Mosley
Schwartz
Aw Zib
Wett Croft
Harry Mossley
Fox
Williams
Snes
Gaiety
Tae Merrimack Print Works
W. Mourke
Gaietys
Rourke
J. Casaman
M. Rourke
A. Armstead
Dan Dolan
Merrimack Print Works
Donovan
Duffy
Simpson
Wiz McGarry Ewes
Eeves Tesesen
Victor
Victor Talking Machines and Records
Victor Records
Rllman
WM. Steinert & Sons Co
Boston House
Steinert Hall
Boylston Street
Belgors
Lowell Polisn Oo
Market Street
Tel
Wil Gui
Y. M
C. A
North Billerica League
Cna
Wamesit National Bank
Cc. E. Goulding
Mass
THE
Union National Bank OF Lowell
J. F. Sawyer
Commonwealth OF Massachusetts
Lowell National Bank
Hi. St
F. N. Chase, Cashier
Lowell, Mass
Prescott National Bank OF Lowell
Prescott National Bank of
Central Street
Courier
Mr. Bent
Testigaa
Commonwealth OF Masbachusetts
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