Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-11-20
Boston Curb Letter.

Eclipse Oil continues to be one Of ts
most active stocks dealt In on the Cur
at 90 to 23c. A firm bid stands on hi
Curb for every share that can be Offers
at 22c. The company is in receipt Of ,
telegram to the effect that No. 2 well o.,
the Frank farm came in with oil and was
to be shot on Tuesday.
This week arnalgamated NeyaAs
jumped to the position Of the most ao
lively traded in issue of the Curb ljga
Monday $500 shares were dealt in, ttl
opening being at 14c. and advance Of IL
over the previous close from which fjeIpsl
it rose to INC, closing at that quota tios
Tuesday, 22.325 shares were dealt in, tie
opening and closing prices being lie
"Wednesday, with somewhat reduced VOL
ume OF business the market on this stoes
ter figure.
The stock Of the Castle Valley Coal
company, the control Of which lies with
the Nevada Douglas Copper Company
interests, was traded in the unlisted de.
partment Of the Curb on Wednesday at
81 share. Messrs. Peabody. Hougftel-
ing q Co. the Chicago bankers who pur-
chased $3J0,OC0 of the bonds of this CON.
pany, the proceeds of which are being
applied with other funds to the opening
up Of the property by transportatioa
ana development for a large production.
have issued very thorough prospectus
on the company dealing with its produe-
ing and earning capacity. The sponsor,
:. "A
J. Orem &; Co, 60 State St, Boston.
who are at the head of the Nevada.
Douglas Company.
Cactus Development has been weaker
compared with a high price of 3 " within
the past ten days the depression in the
stock being due to unsatisfactory new;
coming from the mines
Ely Central is going through what /.
regarded as an entirely natural process
raj r1.
Gently. The transactions have been
smaller in volume with sagging ten.
dency in the price. This is due to the be-
lief that the stock is being manipulated
downward somewhat by the short inter-
ests who are making a strenuous effort To
cover their commitments. The Boston
Curb Wednesday was a trfle softer than
on the day before which had been an ex
ceptionally busy one. Influenced by tbs
first apparently definite news that tbs
billion dollar copper consolidation wa;
going through. The market opened a
shade below Tuesdays close and trading
continued comparatively quiet during tn:
forenoon, but in the afternoon there wal
a noticeable Improvement and stock
closed firm with good tendency a
slightly below the figures of Tuesday
Wednesdays features We're Chino, Oht
Copper. Davis-Daly and Massachusetti
Coal & Power Company, while CorbiI
Copper again stood out in bold relief b.
making full one point advance from
TO I. rms makes net TWO point 40
vance for this stock over Tuesday
opening.
Chino opened "Wednesday az 10 VI
with selling in New ork at w. later re
cedng to So and remaining the balanc
of the day at Sai to 9, closing at S1z-% I
g.. The Curb notices inciplent evidenc
of clash between the Hayden-Stone an
Thos. w. Lawson interests In the man
pulation of this stock, inasmuch as Tn
Hayden-Stone interests during the pas
week nave more IMAM once entered Ia
market ana slShtly underSold the Law
son faction on the stock. The bankln
house seems indlsposed to act In mar
mony with Lawsons boosting OF tn
stock and to resent the connection Whlc
ne mas appropriately 1Or hlmse1 OF CO
star-manlpulator OF Chino.
Consolidated Arizona continues strohs
selling at lfs to ~ IL VIII pc reinen
bered that L called a turn on TINS Stoc
when it was selling round 81 snare; a
the present quotations l should say the
the issue IS SUBJECT 10 a reactio1 out
the whole Is due Tor 1urther ADVANCED
Cnemung copper mas called an asses