West Penn Traction Co and Power Co Debt Reduction Note
West Penn Traction Co operates 300 miles of interurban and city lines in the Pittsburgh district and owns all common stock of West Penn Power Co. Proceeds from West Penn Power Co 5 percent bonds offered at 95 1/4 largely reduced Traction Co bonded debt from over 12 million to 5,465,500. Net earnings for year ended Dec 31, 1915, applicable to the Traction bonds amounted to 3.59 times interest requirements, with a market yield around 5.8593.
MENTIONED IN THIS ARTICLE
Pittsburgh
West Penn Power Co
West Penn Traction Co
Benjamin Fisher & CO
Congress Street
Boston
Market Activity Yesterday and Year-to-Date in New York and Boston
Yesterday total sales were 463710 shares in New York and 40372 in Boston. Mercantile Marine etrs led New York while U S Smelting topped Boston. Year-to-date totals show New York 45257426 and Boston 3602260 shares. Major gains and losses are noted for Cuban American Sugar Jewel Tea Edison Electric and Calumet Hecla with specific price moves.
MENTIONED IN THIS ARTICLE
New York
Boston
Mercantile Marine Etrs
U. S
Jewel
Edison Electric
Calumet & Hecla
New York Market Shifts With Mixed Railway and War Stock Moves
The market opened with strong railway shares and gains in munitions oils and alcohol while war stocks like Crucible Steel faced pressure. Railroads led later gains as investors debated a possible rail price rise, with United States Steel and other industrials trading narrowly. Total volume reached 455,000 shares as mercantile marine and Cuban American stock advanced, and New York City planned a 55 million bond offering with irregular bond tones.
MENTIONED IN THIS ARTICLE
New York
United States
Canadian Pacific
St. Paul
Louisville & Nashville
Pennsylvania
Reading
Chesapeake & Ohio
New Haven
Reichstag
United States Steel
Mercantile Marines
Automobile Group
Alcohol
Paris
New York City
Market gains mixed as copper and steel lead activity
Boston market close shows small gains overall with declines for Old Dominion and United Fruit. United States Smelting Mohawk and Utah Apex rise on strong copper demand and metal prices. Gray & Davis stock underwritten by a banking syndicate sells at par, while Gaston Williams Wigmore reports 3600 Chevrolets sold in South Africa.
MENTIONED IN THIS ARTICLE
Boston
Old Dominion
United Fruit
United States
Utah-Apex
Gray & Davis
Gaston, Williams & Wigmore
New York
Chevrolet
South Africa
Boston Stocks and Copper Earnings Report
Boston stock roundup shows Butte & Superior tonnage ore milled at 56,020 and zinc concentrates 16,500,000 pounds, a monthly record. Shattuck-Arizona produced 1,595,000 pounds of copper in March. At current costs and copper prices, the company is estimated to earn $12 per year.
MENTIONED IN THIS ARTICLE
Jones & Baker Stock Brokers
Devonshire Street
Boston
Fort Hill
New York
Philadelphia
Chicago
N. Y
Tobacco Ene Us
Writ Papf
Atch To& SF
Baldwin
Cal Pet Corp Tae
Cal Pet Corp
Ches & Chio Vee
Ch&gw Am
Chi
Chi Bee Ae
Chi& N Weseneae
Chi R I & Pac Ryih
Chili Cop Co Sane
China Cop
Cluett Peare
Iren
Col Fuel& Lien
Crucible Steel
Cub Am Su Co
del Lack & Wes
Butte’ & Superior
Shattuck-Arizona
Bond Market Shows Small Gains Amid Upbeat Tone
The New York bond market edged higher with modest turnover as investors favored Anglo-French 5s Canadian 5s and various issue types. Total sales reached 4.007 million dollars while January 1 to date purchases stood at 204.199 million, and Gerald A. Bramwell was elected treasurer and director of the new Bankers' Mortgage Company, capitalized at 1 million.
MENTIONED IN THIS ARTICLE
Mercantile Marine
New York Railways
Gerald A. Bramwell
New Bankers’ Mortgage Company
Boston Curb Market Sees Irregular Trading And Small Advances
Trading on the Boston curb today produced no major price moves. Heavy activity in Mother Lode and National Zinc pushed both up seven cents and a similar gain was seen in Champion as it stayed near unchanged. Bingham weakened United Verde Extension closed lower and New Cornelia dropped a full point. Fractional changes were widespread among cent issues with detailed fluctuations noted.
MENTIONED IN THIS ARTICLE
Mother Lode
National Zinc
Champion
Bingham
United Verde Extension
New Cornelia
Berions
Bingham Mines
Bohemia
Boston & Ariz «Svar
Boston Corbin Veeee
Boston E
Font
Boston
Buffalo
Butte & London
Calaveras
Cal & Seat
Cuba Portee
Eagle & B ‘Bell
First National
Fortuna Tchereneee
Mojave
Market closes easy as futures open quiet
New York trading shows spot at 12.00 up, October to January futures sideways with highs around 12.27 and lows near 12.20. Open interest and daily moves indicate a tepid session as futures begin quietly with limited volume and a slight firming in spot prices.
MENTIONED IN THIS ARTICLE
New York
C.cccveress
Sy Cetires Nee
A. Ie
Also Mentioned on This Page
Halsey & Co
Congress St
N. W. Halsey & Co
San Francisco
Bloomington & Normal Railway & Light Co
Tover
Bodell & CO
the Colonial Mines
Temple H. Fay & CO
Boston Curb Exchange
State St
Harry E. Jacobs & Co
Devonshire St
United States Smelting Refining & Mining Co
United States Smelting, Refining & Mining Company
R W. Batchelder
Rails
Utah
Apex
Mohawk
New York Market
New York Stock Exchange
Alaska
Juneau
Car & F
Am Steel
Am Tel & Tel
Crystal Copper Co
James J. Benelisha & CO
Phono and Doane St
Caddo
Louisiana
Parmelee & Company, Inc
State Street
Boston Stocks
Ton Stock Exchange
Fed M & Spf
Gen Motor
Goodrich Baie
T Nor
Gugh’ m Ex Co
Linois Cen
Int Corp of
Int Harvester
Inter’l Nickel Ct
Lehigh Vallé Ey
Loose-Wiles Co
Loose-Wiles
Lorillard C Pf
Louis& Nasseeeer
Mackay
Maxwell Motor
Maxwell Ot
May Dept Store
Mex Pet Co
Montak Co
Nat Biscuit
Na Cloak & Suit
Nevada
Nyc& St Louis
NY Ont & W
Nor & Wes
Nor Pacife
Pacific Mail
People's Ges
Paneae
Piiadel Cos
Steel
Stpf
Eesere
Icksilver
Spring ‘Pf
Repf& St
Serene
St Lou & Sn i
Sl&sf
Seaboard Air
Seab’s
Studebaker
Texas Pacific
The
Texas Co
Tex Corts
Union
Union Pac A See
Unigar
U S Steel
U S Steel Pf
Utah Copper
Utah See Corp Sheen
Wabash Wi. Acs
ORL
Wells-Fargo
Maryland
Maryland Ee
West Union
Westinghouse
Wh & L Erie
Wil-Overland
Wil-Overrf
Woolworth
Hi Low
Kcx & Bine
Swift & Co
West T & T
Snare
Lgo
Ibe Ihs
Allouez
Arizona
Atchison
Gulf
Cal & Arizona
Cal & Hecla
East Boston
Edison
Franklin
Ose Aden
Granby
Hancock
Greene
Island Creek
Beatae
Isle Royale
Aes
Keweenaw
McElwain
Mergenthaler
Oe Ea Pw Co
Mies Rv Pw Pf
Mohaw Eeernare
New Arcadian
Hy Rly
New Tel
NY & H
Nipissing
North Ee
North Lake
Col R R
Dominion
Mary
Rutland Pf
Santa Fe
Swift & Ce
Torrington Snee
Torrington
Trinity
Utah Apex
Utah Consolte
Utah Met & A
Utah Cop Co
Ventura
Nyc
Fracor
L& SF
Pitts
Retin
Tricity
Bien
Kan City
Mt ‘& del
Pet
West
Virginian
Wabsah
Rillard Co
Riad
Waar
Central Troo
Ly Vesnes
Eerewee
M Sassm
Ath SP Cae
Mx &Ti
Ry & le
Stock Exchange
B &Q
Ind & Louisv
Pew Eee Trust Co
Montana
Mi & St P
Mil & St Pathen
I. Seneere
Cen-Ls
Ase
Mil & St P
Toki
Nor & W
Aenear
North Pacific
Nee & St L-St North
Eves
Louis A A
Wee Orig
Pacific Té& T
Penn Gas
Phils Co
Republic I
Ric & Pe
Psace
Trust Co Cfs
Asd
Nin & PM
WDC
Av & AP Ae
Nw& Ito
Jeorgia Oe Aeae
Jranby
Seeaee
Pousner Ss
Ise Bie
RT Rg
Southern Ry
St Louis
Ora Stand Gas & If Mi
Monnard Mills
Col 4 Trust “Co Fae
OLE RR Bs
Eenee Opie Tenn
Texas &P
Oneee & SE '& SE
Enwee Seraee
Balt
Atl
Beth
Bhlyn Bklyn Bklys
Treasury
Crystal Copper Company
Cataract
Basin
Walter Harvey Weed
E. M
United States Geological Survey
Institution of Mining and Metallurgy of America
Geological Society of America
American Institute of Mining Engineers
Weed
CURB
Federal Trust CO
OLD South Trust CO
Registrars
John E. Allen & CO
Midvale
Mae
NY City
Aetna
Butte C & Z
Calif
Cosden & Co
Money Markets
Federal Reserve Bank
Greer Ee
Oheewree Vageousouay
Eeraeted
Sub-Treasury
Sjcs-Eee Seevennves
Peewee
Exchange Place
Onsu Ue
Lichtenhein and Stern
New Orleans
Liverpool
Chesa Eake
National Shawmut Bank
Onondaga
Iron Blossom Bay
Hercules Crystal Lake
FIRST
Nat'l
Apex Butte
London
Jerome Verde
Boston Ariz
Success
Bay State Gas
Temple H. Fay&Co
Barnett Oil & Gas Co
E. H. Clarke Investment Securities
William St