Traders Market Review of January Stock Activity
In a Saturday trader’s market, prices rose before the bank statement sparked a broad selling wave. The day’s action was professional, with copper stocks quiet and some gains eroded by opening-day shadings on strong names. Pacific Mail gained on a ship subsidy bill note while Northwest preferred slipped.
MENTIONED IN THIS ARTICLE
New York
Amalgamated Copper
Atchison
Baltimore and Ohio
Chesapeake and Ohio
Erie
Erie First
Louisville
Manhattan
Missouri Pacific
Norfolk and Western
Ontario and Western
Pennsylvania
Reading
Southern
St. Paul
Southern Pacific
Union Pacific
United States Steel
W. U
Pacific Mail
Northwest
Cotton futures open steady on varied month prices
New York trading begins with steady cotton features. Key contracts show Jan through Oct values with February and March figures unspecified. Notable quotes include March at 8.11, April 8.17, May 8.20, June 8.22, July 8.24, August 8.06, September 7.75, and October 7.70 as the market establishes the day.
MENTIONED IN THIS ARTICLE
New York
Stock Gossip and Market Rumors Spread Across London
Money is plentiful at 3 and 4 percent while London steadies near parity. Rumors of Lackawanna capital expansion denied. Bank statement shows rises in reserves loans specie and deposits while circulation falls. Morgan steamship tie up may involve White Star and other lines with possible sales offers hinted by John Lee but no certainty. Cotton goods demand shifts. woolens lift marginally amid price declines. Erie Telephone preferred not yet issued. brokers can trade contracts awaiting issuance.
Guide to Investors Promotes Free Market Analysis Book
An illustrated cloth bound page by page guide explains market value fluctuations and the forces shaping Wall Street. It promises exhaustive analysis of conditions and securities traded on exchanges, plus maps rules and long history data. Readers are offered a free copy and a mailed Daily Market Letter.
MENTIONED IN THIS ARTICLE
Wall Street
Stock Article Discusses 6 Percent Cumulative Shares Valuation
The piece analyzes a 15 million dollar issue with 12.5 million to remain in Bell treasury and 4 million new money. It forecasts 4 percent Dividends first two years and 6 percent thereafter, predicting a 120 price within two years and suggesting a 90 purchase now. It also covers market conditions, bank cash, gold drainage fears, and mining stock speculation surrounding Bingham mines with valuations and expert opinions.
MENTIONED IN THIS ARTICLE
Bell Treasury
Negro held on charges after deadly assault in Greenfield
In Greenfield on January 17 Judge Lyman held Edward F. Smith a Charlestown negro on the charge of manslaughter for the December 28 death of Henry L. Warner. Bail was set at $5000. State medical examiner says Smith is an imbecile and more dangerous than insane as widow Ann Eliza Warner describes the brutal kitchen attack with a chair and a flat iron.
MENTIONED IN THIS ARTICLE
Greenfield
Lyman
Edward F. Smith
Charlemont
Henry L. Warner
Smith
F. J. Canedy
Ann Eliza Warner
Mr. Warner
Isthmian canal hearing eyed for unanimous report
Washington January 17 The Isthmian canal commission chaired by Rear Admiral John G Walker met to decide on a definite recommendation to the President It is noted the commission is divided on canal route options and may still urge acceptance of the Panama company offer Aims to present an unanimous report if possible and file it by tomorrow or Saturday night Senator Morgan reported on the inquiry into Panama safe proposition and noted no French or Colombian propositions have been received A sub committee was appointed to hear testimony on proposed routes
MENTIONED IN THIS ARTICLE
Washington
Isthmian Canal Commission
John G. Walker
Panama Company
Admiral Walker
Morgan
Senate Committee On
United States
Panama
Colombia
Harris
Kittredge
Foster
Charles T. Shannahan Dies at 81 in Chelmsford Home
Charles T. Shannahan, aged 81 years and 7 months, died at Chelmsford Centre at his daughter Mrs. W. F. Putney's residence. Funeral services will be held Tuesday at 2 o'clock. Friends invited.
MENTIONED IN THIS ARTICLE
Shannahan
Chelmsford Centre
W. F. Putney
Charles T. Shannahan
Briggs Sentenced to Natural Life for Murder in New Hampshire
In Newport New Hampshire on January 17 George H Briggs, after a hung jury, withdrew his not guilty plea and entered a plea of guilty to second degree murder. Judge Wallace sentenced him to life in state prison at Concord. Briggs broke down as the sentence was announced with his wife and children present.
MENTIONED IN THIS ARTICLE
Newport
N. H
George H. Briggs
Florence Jones
Wallace
Briggs
Concord
Lord Beresford Arrested in Boston for Larceny Claim
Sydney Las elles alias Lord Beresford, escorted by a Hot Springs officer, left Boston today after being arrested on a warrant from Arkansas authorities. He is wanted for the alleged larceny of 1200 dollars from a Hot Springs hotel proprietor.
MENTIONED IN THIS ARTICLE
Boston
Hot Springs
Sydney Lascelles
Lord Beresford
Arkansas
Thrilling Breeches Buoy Rescue Off Pere Marquette Steamer No 3
In Ludington Michigan on January 17 a Pere Marquette steamers No 3 foundered on the harbor bar in a southeast gale. The life saving crew used breeches buoy to rescue nine passengers and 35 crew over two hours as waves drenched the line. The vessel carried 25 000 bushels of barley and 200 tons of merchandise and officials hope to save hull and cargo if seas moderate.
MENTIONED IN THIS ARTICLE
Ludington
Mich
Pere Marquette Railway Company
Pere Marquette
Emperor William's yacht launch set for Feb 25 in New York
Downey and officials confirm the launch time at 10 30 a m on February 25 with Prince Henry as the imperial representative. Plans for transport to Shooter's Island are considered, and Rear Admiral Evans will oversee the naval demonstration. The Prince may attend the Capitol address on February 27 and depart for Germany after a 16 day visit.
MENTIONED IN THIS ARTICLE
Washington
William Wallace Downey
Emperor William
White House
Roosevelt
State Department
Hill
Admiral Evans
Crowninshield
Prince Henry
Shooter's Island
Battery
New York
United States
Hohenzollern
Committee On Reception
Capitol
Senate
House
Hay
McKinley
Germany
Columbia
Canal projects proposed for sea level Darien route
Washington January 17 sub committee heard Gen Edward W Serrell and colleagues for the American Isthmian Canal company who advocate a sea level canal 30 miles across from Mendago harbor to Pearl island with a five mile tunnel and electric trolley ships pulled through. They estimate 75 to 30 million dollars total cost and three year tunnel completion while seeking terms to retain canal ownership and US funding half of construction costs. They offer no government concessions yet.
MENTIONED IN THIS ARTICLE
Washington
American Isthmian Canal Company
Edward W. Serrell
H. H. Adams
Theodore Schroeder
Darien
San Blas
Ocean
Mendago Harbor
Pearl Island
Prof
Hopkins
Messrs. McDougal
Sweet
Foreman
Rude
United States
Lessell
McKinley
Maritime Canal Company
Panama Company
Warner Miller
New York Man Arraigned in Assault Case in Boston
James McLean of New York was arrested last night for shooting John McPher, son of Olean, N.Y., during a quarrel over a woman. He was arraigned today before Judge Delvey in municipal court on assault with intent to kill, with the case continued to January 23 and bail set at 1000 dollars.
MENTIONED IN THIS ARTICLE
Boston
James McLean
New York
John McPherson
Olean
N.Y
Delvey
Stranger Hires Team from Norris Livery in Somerville
A well dressed stranger hired a Norris Livery team on Wednesday night and took a friend toward Dewey Grove at 11 pm. The Lowell police recovered the property and returned it.
MENTIONED IN THIS ARTICLE
Norris Livery Company
Somerville
Dewey Grove
Lowell Police
Signals and fog blamed as tunnel wreck witness testifies
New York January 17. Jos H Franklin manager of the New York Central terminal testified in the inquest into the tunnel wreck that killed 17. He said 28 miles an hour was the scheduled max and trains could be stopped within 450 to 600 feet with emergency brakes. He cited engineers who ran past danger signals in clear or smoky conditions and noted instances of missed signals and failed torpedoes.
MENTIONED IN THIS ARTICLE
New York
Jos. H. Franklin
New York Central Railroad
Jerome
Franklin
Empire State Express
Orchestral Society to Perform at Huntington Hall
The next recital will be at Huntington Hall a week from tomorrow with St. John's Hospital as beneficiary. Last season the hospital drew the largest audience in the series, and that is expected again. A fine programme is planned with harpist Henri Schnecker and soprano Miss Wetmore from Kirk Street church quartette.
MENTIONED IN THIS ARTICLE
Orchestral Society
Huntington Hall
St. John’s Hospital
Hospital
Henri Schnecker
Miss Wetmore
Kirk Street Church
Convicted Felon Sentenced After Ohio Escape
An escapee from the Ohio Penitentiary in Columbus, who had served nine years, was arrested abroad and brought back. He made an eloquent plea for mercy, but Judge Swan, moved yet firm, imposed the sentence.
MENTIONED IN THIS ARTICLE
Ohio
Infernal Machine Explodes at Knoxville Post Office
J W Martin postal clerk injured by explosion of a powdered nitro glycerine package described as an infernal machine. The parcel, stamped received while processing mail, bore a New York smokeless powder firm name. Tin box inside contained the explosive. Local hardware firm denies ordering or receiving notice. Investigation started by postal authorities.
MENTIONED IN THIS ARTICLE
Knoxville
Tenn
J. W. Martin
New York
Cripple Creek Mine Intruders Face Arrest After Gunfight
Ked Kuykendal known as Filipino Kid Hartley J. Lake and John B. Fredenstein were arrested on suspicion of entering Stratton's Independence mine 400 foot level to steal high grade ore. On discovery they fought their way out after seriously wounding Lee Glockner, a worker stationed at an end of the slope.
MENTIONED IN THIS ARTICLE
Cripple Creek
Col
Ked Kuykendal
Hartley J. Lake
John B. Fredenstein
Stratton
Independence Mine
Lee Glockner
Doc OConnell Dies at 32 in Everett Home
Boston January 17 William T OConnell known as Doc O Connell welterweight boxer and instructor died today at his Everett home aged 32 years The death ends a career marked by local club work and coaching activities in the boxing scene.
MENTIONED IN THIS ARTICLE
Boston
Wm. T. O'Connell
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Courier-Citizen Company
Traders’ Market
Boston Market
New York Market
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Lackawanna
J. Pierpont Morgan
Red Star
White Star
Atlantic Transport
Leyland
Wilson
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R. G. Dun & Co
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Hildreth
Lowell
Nicholas G. Norcross
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Haven & Stout
Europe
Bingham
Cochiti
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Coram
M. N
George L
Walker
Utah
Salt Lake City
Dalton & Lark
Tesora
Lowell Mass
Imbecile
H. L
Warner
CANAL
Isthmian Canal Company
Spencer Trask & Co
Pine Street
N. Y. Stock Exchange
Bright, Sears & Co
Atchilson
Brooklyn Ra T
Chesa. &O
Aig
C.& G. West’n
Cri&pac
Vos
Con Gas
Soveese
del. & Hudson
Erie Ball
Ally
Gen. Electric Co
Seeee
Ceescveese
Bass
BO. RY .Sessenseveeee
St. L
Pfa
Tenn. C. & To
Seses
Texas & Pac
Union Pac
Steel
U. S. Steel
U.S. Leather
Cseecsese
U. Tel
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Mex
Con
Wears
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Mass
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Utan
Winona
Woilvarimd
Eecees
Ake
Am. Woolen
Wool
Erie Tel Rec
Erec
Elec
N. E.gas &Coke
A Tel & Tel Co
Amer Smelting Co
N.E. Tel
Ite
Lee Hirkinson
State Street
Fisk & Robinson
Investment Securities
New York Stock Exchange
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Philip R. Hovey
Telphone
Ludington, Mich
American Isthmian Canal Co
Violets
Hood’s
L Hood CO
Pollard & CO
Peau de Cygne
Palmer Street
A. G Pollard & CO
Merrimack, Palmer and
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Tell
Y. C. Turner
Marine News
Kiel
Lowell Orchestral Society
Chamberlain
Pollard
West Sixth Street
Doc O'Connell
Cunnebaug, Conn
Burns
Clan Grant