Sharp break in stock market opens brisk trading rally then declines
A December 6 wire reports stocks showed brisk opening with early gains near 1 percent in Burlington, then a broad rally led by rail and industrials before a sharp afternoon drop. Major movers included Tennessee Coal, Amalgamated Copper, Anaconda, and American Sugar refining.
MENTIONED IN THIS ARTICLE
Times
New York
Burlington
London
Hst
Tennessee Coal and Tron
Amalgamated Copper
Anaconda
American Sugar Refining
Tennessee Coal
Rubber
Consolidated Gas
Brooklyn Transit
Metropolitan Street Railway
St. Jo
Grand Island
Tennessee
Peoria
Eastern
Denver
Rio Grande
Philadelphia Market Sees Mixed Demand as Stocks Rise Then Retreat
Trading in local securities showed stronger demand with gains in Readings and coal-related issues but faded by close as New York turned corrective. Readings led advances while Choctaws and Gulf bonds moved modestly. investors eyed anticipated deals and earnings recovery amid a noted upturn in inquiries.
MENTIONED IN THIS ARTICLE
New York
Philadelphia
Boo I Cigh Valley
Chang- New York
Choctaws
Sar
Cheetaw
Mempee
Ager
Oklahoma
Stocks and Bonds at Auction Reported
M. Thomas and Goose gold conducted an auction of stocks and bonds. The following items closed at one tie yesterday, with prices and participants not fully listed.
MENTIONED IN THIS ARTICLE
M. Thomas & Goose Gold
Bankers Press for War Revenue Tax Relief
The American Bankers Association formed a committee to memorialize Congress for relief on war revenue taxes. The group aims to coordinate with the New York Chamber of Commerce and other business bodies to push a concerted course of action this week.
MENTIONED IN THIS ARTICLE
American Bankers’ Association
Congress
New York Chamber of ‘A
Rice
Berton
Dividends Declared By Companies Amid Market Notes
Dividends are announced by American Snuf Company at 8 percent on pre Chicago Telephone Company regular quarterly 8 percent payable January. Also listed are percentages for Dearer and Rio Grande, with silver cent values and other small notes mixed in the damaged text.
MENTIONED IN THIS ARTICLE
American Snuf Company
Chicago Telephone Company
Banana Company Dividend Report From Amrican Commercial
A fragmented note references the last dividend by The Banana American Company at Amrican Commercial and mentions rent concerns tied to receivers or tenants. The readable text is sparse and lacks clear dates or figures.
MENTIONED IN THIS ARTICLE
Banana American Company
Amrican Commercial
RS Sae OS Se Renters Tee
New Companies Chartered in Pennsylvania and Delaware
Pennsylvania Baers December 6 charters include Copirie Terminal Railroad Company and Gettysburg Electric. Dover Delaware December 6 certificates of incorporation filed with capital at 100,000.
MENTIONED IN THIS ARTICLE
Pennsylvania
Baers
Copirie Terminal Railroad Company
Eer
Cmta
Comaty
Caastnerarm and
Gettysburg Electric
Dover
Del
Aha
United Gas Acquires Westchester Lighting Plants
United Gas Improvement Company secures lighting properties in Westchester County New York. The assets consolidate as Westchester Lighting Company with 10 million dollars in common stock and 2.5 million dollars in preferred stock. Named entities include Fort Chester Electric, Larchmont Electric, Pelham Electric, and related power firms.
MENTIONED IN THIS ARTICLE
Suess
Rere
Gow Boo Fehison
Gulf Pt
Citic Trust Ciis
Palmetto
Paradepaia Conteat Co
Lake Su Ror Company
Case Ae
Philadelphia Traction
Railways Mines General
Reading Trust Cf. Trust
Dfs
Beesaseeseewe
Ib Sa Reeting Ist Ading
Susquehanna Iron
U Power & Trans
United Gas Improvement
New Jersey
BOTS
Union Traction
Seeseserees
United Gas Improvement Company
Westchester County
N. Y
Westchester Lighting Company
Westchester Company
Fort Chester Eilectric
Comets
Larchmont Electri
Pelham Electric
Eer Chester Electri
Senaia Moon Light
Hugenst Elect
Powe Company
Denial Of Gates Removal Rumor From Steel Company
President Thomas Dolan of United Gas Improvement Company rejected a report that the Rockefeller Whitney syndicate plans to remove John W. Gates from American Steel and Wire. He called the story absurd and stock boosting gossip with no truth.
MENTIONED IN THIS ARTICLE
Thomas Dolan
United Gas Improvement Company
Rockefel
Whitney Syndicate
John W. Gates
American Steel and Wire Company
Mr. Dolan
Gates
Judgment actions filed in Common Pleas court names
Matilda H. Haverkamp sued Margaret Schaeffer on a December 4 10900 note for 1000 with payment due. William Day Rowland sued A Pleasan on a November 20 1900 note for 1500 payable in 15 days. Clara B. Orayen sued Frederick T. Clark on an unspecified note.
MENTIONED IN THIS ARTICLE
Matilda H. Haverkamp
Common Pleas Court
Margaret Schaeffer
William Day Rowland
A. Pleasanon
Clara 8
Orayen
Frederick T. Clark
Faure Auction Terms Reference a Schedule of Payments
The fragment describes an auction or sale plan with payments of 000 down and ten installments. It lists due dates such as November 1 February 1 May 1 and August 1900 and further dates including February 1 May 1 August 1 1901 November 1 1902 and May.
MENTIONED IN THIS ARTICLE
Faure
Gossip of the Street Rumors Shake Markets and Rail Orders
The report notes H. HH Dushamb elected to the Philadelphia Exchange and Morgan interests buying Erie. It covers Chesapeake and Ohio ordering twenty three locomotives, F Q Barstow becoming Standard Oil of Ohio president, and stock market shifts as rails and steel rise amid short covering. Also lists Treasury balances and railroad earnings including Pennsylvania coal tonnage and Atchison figures.
MENTIONED IN THIS ARTICLE
F. Q. Barstow
Standard Oil Company
Ohio
A. M. McGregor
Commission House Trading
Foreign Financial News From Calcutta to London Markets
A chaotic brokerage report notes discount rates in Calcutta, gold premiums in multiple cities, and exchange details. It highlights London harbor loan talks, Bank of France and Bank of England statements, and Paris money pressures with rumors of impending evils and cautious sentiment across markets.
MENTIONED IN THIS ARTICLE
London
Treasury
Paris
Interview on Gold Mines in Southeastern Alaska
Financial feature on Golden Tree Mining and Milling Company with capital two million dollars and eighty thousand shares. E. L. Erickson known as Silver Tip discusses Ketchikan district, Prince of Wales Island, and Southeast Alaska prospects, noting stringer veins and rising mining activity. Gardenhire & Vandivert act as fiscal agents. Major Stam handles prospectus requests.
MENTIONED IN THIS ARTICLE
E. L. Erickson
Nome
Alaska
Kongrok
Ketchikan
United States
Golden Tree
BP. L. Erickson
Gardenhire & Vandivert
Broadway
New York
Golden Treend Milling Company
Private Trust Company Estates and Deposits Statement
The document outlines capital and surplus figures with a $1 000 000 capital and $2 000 009 surplus for settlement of estates and trust operations. It lists officers including President and Treasurer and notes segregated trust investments and custody of securities, with several named individuals such as John H Converse and William S Grant.
MENTIONED IN THIS ARTICLE
Kingston Errieger
Lincoln Godfrey
Jobn H. Converse
William 8. Grant
Samuel Y. Heebner
William Ee
William H. Lambert
Pty Popes
N. Parker Shortridge
Jory Jenks
Ma W. Frazier
Bis Vin
ER Peg
Seec'y
Baik
Asia
Iocan
Count Von Yorck Buried In Chinese Imperial Estate
Pekin reports the funeral of Colonel Count Von Yorck who led a German column near Kalgan and died of asphyxiation from a charcoal stove. The ceremony at the Dowager Empress palace placed the coffin in a temple within the palace grounds, guarded until spring before removal to Germany.
MENTIONED IN THIS ARTICLE
Pekin
Count von Yorck
Kalgan
von Yorck
Germany
Damaged Texan Jetties Reported With High Toll
Secretary of War releases Board of Engineers findings on Galveston jetties damage from the storm. Estimated cost to fix Galveston jetties at 1.5 million dollars and 175 thousand for Brazos River jetties repairs. Storm termed most destructive, with about 5 000 lives lost. Fortification cost listed at 500 thousand dollars.
MENTIONED IN THIS ARTICLE
Washington
Secretary of War
Senate
Board of Engineers
Galveston
Brazos River
Negro Brute Held For Trial After Attack In Street
Nelson Proctor, a black man living on Mount Vernon street, accosted and attempted to assault several white women on Thirty-ninth and Union streets. He knocked down 60-year-old Mrs. M R Craig of 63 Union street and severely injured her after she resisted, and was held without bail yesterday for trial.
MENTIONED IN THIS ARTICLE
Nelson Proctor
Mount Vernon Street
Ted
Schoolboy Loses a Leg in Kensington Crossing Accident
A 9 year old Joseph Jackson of 2817 Emerald Street was struck by a coal train on the Reading Railroad at Kensington crossing while returning home from Visitati Parochial School. His leg was crushed and he was taken to the hospital for treatment.
MENTIONED IN THIS ARTICLE
Visitati 4
Joseph Jackson
Emerald Street
Reading
Kensington Crossing
Frye to Wed Cuban Teacher
Havana reports Alexis Freye, Superintendent of Schools, will marry Senorita Maria Teres RNS at New Year's. The notice notes five teachers from Candenas attended a sea excursion to the Paté.
Duly and is Eslab Sordaas L Stance Markay
A compact note records a stance by Markay involving Duly and Eslab Sordaas, highlighting a named figure's position on a local issue and the participants connected to it.
MENTIONED IN THIS ARTICLE
Sordaas
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Bey
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