National Stock scheme explodes with unlimited power claim
Boston notes from August 13, 1908 reveal a speaker asserting absolute control over a single corporation named National Stock. He describes the entity as able to fix stock prices, operate banks and railroads, and amass vast shareholder bases, claiming the system uses public funds to manipulate markets.
National Stock Promises a Plan to Beat the System
A pamphlet outlined by a promoter claims National Stock will seize control of markets, create “duplicate” banks in New England, and depose entrenched interests. It describes massive share sales, 600000 to 1600000 holders, and world-market campaigns to drive prices higher while returning profits to investors.
MENTIONED IN THIS ARTICLE
America
National
Steel Trust
National City Bank
Standard Oil Bank
Trinity
Stock Exchange
New York
Wall Street
Bankera
New England
National Bank and Trust Company
Theas
Savings Bank
Traction Stocks Rally On Local Exchange
Washington Railway and Electric preferred and common rose with preferred at 3 and common near 3 18. Washington Gas traded around 65 to 612, 500 Mitchell Mining shares sold in 100 share lots from one broker to another, stock sale noted as feature. Former President McDermott of Washington Railway recovering from a recent fitness issue.
MENTIONED IN THIS ARTICLE
Washington Railway and
Electrc Preferred
Washington Gas
Mitchell Mining
Washington Railway
Ind
the Ltd
McDermott
The
Washington Railway and Electric Comps
Chicago Grain Market Sees Wheat Slump on Rust and Drought Fears
Chicago and other markets weakened as heavy wheat selling pushed September down about 2 cents while corn and oats followed. Traders cited overhyped Northwest crop reports and ample stocks, with receipts and weak close keeping futures near lows. Continuous liquidation pressed provisions as pork and lard prices fell, with mixed regional deliveries and slight declines across related grains.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Duluth
Shorts
Iight
Live Stock Market Prices From New York and Chicago
Aug 12 reports show receipts across cattle hogs calves and sheep with mixed gains. New York market lists cattle to 415 bulls 320 cows 325, hogs 700 to 719 per 100 pounds, sheep 360 to 460, lambs 46 to 75. Chicago receipts about 17 000 cattle 22 000 hogs 16 000 sheep with steady to higher prices and mixed loads.
MENTIONED IN THIS ARTICLE
New York
Northern
Duluth
Chicago Bulls
Baer Hears
York
Chicago
Galveston
New Orleans
Mobile
Charleston
Wilmington
Baltimore
New Yorke
Boston
Philadelphia
Houston
Augusta
Agost
Memphia
St Louis
Dull
Cincinnati
Louisville
Great Britain
Continent
France
Japan
Worico
October cotton surge and liquidation rattles New York markets
New York cotton prices spiked in intraday trading with October contracts leaping to 9.43 on call buying before heavy liquidation pushed prices down. By close, October eased to 9.11 while August showed gains of a few points. Overnight reports cited favorable weather and crop conditions, with large long positions liquidated and traders predicting further declines in Southern spot markets.
MENTIONED IN THIS ARTICLE
New York
Ageiu
Wall Street
National Stock pitch robs people in bold advertisement
An extended, sensational plea promotes buying "National Stock" with sweeping guarantees. The speaker urges all social classes to invest large sums, vows funds go into a safe treasury, and claims to overthrow the stock system by spreading ownership globally. He promises outsized profits and outsized advertising, urging immediate purchase through major exchanges.
Also Mentioned on This Page
National Stock
BAY State Company
National Lead
First National Copper
St. Paul R. R
Yukon
Guggenheims
London
Paris
Berlin
Rockefellers
Harrimans
Morgans
Boston Stock Exchange
Wall
State Streets
Amalgamated
Butte
St Paul
First National
Tadding
Nait Exchange
Chicago Grain
NEW York Grain
Metal Market
Standard Foundry
Cleveland
Southern
Rio No
Santos
Cordova
Long Island
Washington Cattle Market
Pitteburs
Pittsburg
New York Central
Pittsburg and Lake Erie Railroad
Lake
Roa
Falstaff
Philadelphia Stock Exchange
Thomas W. Lawson