Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-12-25

slOOr. The ample branches or the tree
We're profusely decorated to the Curb's orr
der by caterers in that line and were
loaded down with presents for the brokers
ana traders. The presents were comic and
and suggestive to large extent. hitting
off some special connection or foible OF
the individual recipient of the gift Speech
making of the "JIalcian and Vociferous'
quality efcrvesced and cigars were passed
around to the members and visitors. An
orchestra had been requisitioned which
discoursed the CANNOT of popular musics
from rag-time to classics.
That was the picture of year ago Gel
ebrating the Curbs first Christmas in
doors. with the characteristic New Eng
land hospitality on that great holiday. At
that time the market WAS still in the
throes of panic which had started some
thing over Il year before.
This year there is genuine reason for
the observance of the occasion and for
keeping up the custom inanSurated year
ago. Trading formally closed Friday at
noon and, as matter of fact, before
that hour, and Christmas eve was given
over to Il celebration which cclipsed any
thing that has ever taken place in the
Curbs history. A towering Christmas
tree was provided and was generously
bedecked with trimming and presents and
the occasion was made one which will
in every way warm the cockels of the
heart.
The features of the past week up to
Tuesdays close were Chino, Cactus De
velopment, BostonEly, Ely Central, Chief
Sonsolidated Davis-Daly. and Oneco.
The most active features of Wednes-
days trading were Boston-Ely, Chino'
Cactus Development and ArZipe
Boston-Ely made the most sensational
rise of the day, opening at Ia and ad-
vancinE during the forenoon up TO l.;
At that time tips We're circulated around
the floor that the stock would make be-
fore the close of the market. This proved
to he true when the stock in the after
noon, after the IL stock, had been
taken, advanced with bound to ., clos
ing at that figure, amid considerable eX-
element. This is the highest price Bos-
| ton-lIIy has scored in its history TWO
years ago, in the c. f. King campaign,
it made high of about 3 IL.
Cactus Development was active Wednes-
| day, opening at 3-16 and advancing to
6 IA closing at 3-4, as compared with
| Tuesdays close of is. The gain made
within the past week, as it was selling
| last Wednesday at 15-16 The selling at
| present is attributed to Eastern proht-
| taking. The gossip on this issue II that
| it is to be pushed to 81 share.
| Chino Wednesday opened at II is and
| made high price of II IA, closing at H.
Despite the slight loss in price, the sit
| uation of the stock is commented on as
| for several weeks. The Hayden-Stone
| and Lawson Burrage selling was with
| drawn for the day and there was the evil
| dence of more public participation imam
|
| the Chino clique, which sold that stock
| from 8 up to present figures, has also
been d large seller of Ohio Copper for the
past week or more, during which time the
| stock has been active around b, cloSlnS
| Wednesday at ) rs.
| AriZpe on what appears to be an en-
| tirely natural and unnlanlpulated market,
| opened Wednesday at 49c. with previous
| close of A0c. and during the forenoon adj
| vanced to SOC, dropping back to 4sc ana
| closing at BE No public interest has
| been enlisted in this issue to date, there
| being a noticeable scarcity of the stock
When one went bidding for it and an
| equal scarcity when looking for bids on
sales The stock at present figures IS
| regarded by the Curb as a gamble ana
| should not be bought unless one IS Wiling
| to take a gamblers chances.
| The continued weakness of Massachu-
sets Coal is very mystifying and dlsap-
| pointing to the Curb. 1t is observed that
| while the public interest i'll Rhode IS
| land coal to date has been very small on
| account of its high quotations, the public
| is largely interested i'll Massachusetts
Coal, which is selling at l IA to 3-S. It
| appears that the public is being lndustrl-
| ously and successfully supplied with ups
| that a move upward is imminent on Mass
| achusetts Coal, but it is noted that the
insiders are systematically filling all the
| bids.
Rhode Island Coal Wednesday sold at
| ST., an advance of Il half point. over the
| previous days close, making the nigh
est flSufeS redCneu Dy tll'tI SUI ~ - was
stated two or three days ago III an I'M
official way that the stock of the Rhode
Island Coal Co. would be listed on the
Stock Exchange in the not distant NJ
ture The Curb, however. declines 10
credit this news and hopes it will not ma
| terializc While Henry NJ. Whitney has
not as yet succeeded in affecting a proao
distribution of this stock among the pun
lie his Inconsistencies and perseverance
in market campai gning, as we'll as IN 9TH
er business lines. is fully recognized and
appreciated. While there is yet lack OF
disposition to make commitments IN
Rhode Island Coal at the present quota
tions there has been some changc or
sentiment in behalf of the stability of the
enterprise and Mr.. Whitney's faith in 1t
and determination to stay with it until 1t
has been made commercially successful.
Henry NJ Whitney is perhaps quite as
remarkable a man in his way as was his
brother. the late William c. Whitney,
Much surprise is expressed at the weak
ness of Davis-Daly, which has seemed to
be without support above L.. Fears are
expressed that after all an assessment
is coming on the stock.
Ely Central continued Wednesday 70
hold it's rise for the three days OF the
week, opening at . Is and selling up to
2 5-16. closing at 2 IA as compared with
the previous close OF Is. .., T..
There is some talk that National EX-
ploration, which has laid on the bargain
counter for quite a while, is slated for
an upward movement. This issue Wednes-
day opened at SIC. and sold up to and
closed at 55c. an advance of &c. over
Tuesdays close.
The feeling on the floor is that Ray Cen
trail which sold Wednesday from 3 Is to
5 IL, closing at the latter figure, has had
it's rise and is not good for Il material
advance for the present.
Sales were made Wednesday of Nevada
Douglas at 8 and opinions are freely eX-
pressed that it will begin to show its rise
not later than the New Year.
First National showed weakness
Wednesday agAin, breaking through and
closing at 3 15-16. But little is being heard