Anaconda Buys Large Montana Timberland Holdings
Anaconda acquires 145293 acres in Montana from Northern Pacific for 408222 dollars, becoming the state’s largest timberland owner. A new development company is planned. William A. Paine named a director of East Butte, replacing Daniel C. Noble. La Rose reports 1912 surplus of 12166, up from 7580 in 1911, with holding and operating companies posting strong silver production and profits.
MENTIONED IN THIS ARTICLE
Anaconda
Montana
Northern Pacific
William A. Paine
East Butte
Daniel C. Noble
Local Bank Statement Shows Weekly and Yearly Reserves
The weekly bank statement for Boston and New York compares this week with the previous week and shows the surplus reserve for the same period over the last ten years. Data include year over year changes and regional reserve figures for the two cities.
MENTIONED IN THIS ARTICLE
Boston
New York
Cotton Markets Mixed Moves as Prices Dip in April Trade
April 7 reports show a softer cotton market with a maximum decline of 12 to 18 points from Saturday. Liverpool prices were not as high as expected, though spot sales ran at a fairly liberal pace with transactions totaling about 10,000 bales.
MENTIONED IN THIS ARTICLE
Liverpool
Ask
London
M. B
Massachusetts Gas Companies Declares 1 Percent Dividend
The Massachusetts Gas Companies announce a 1 percent dividend on common shares payable May 1, 1914 to holders of record April 15, 1915. Henry C. French, Assistant Treasurer, signs.
MENTIONED IN THIS ARTICLE
Massachusetts Gas Companies
Henry C, French
Westinghouse declares quarterly preferred stock dividend
Westinghouse Electric and Manufacturing Company announces a quarterly 1 percent preferred stock dividend payable April 15, 1913, to stockholders of record at the close of business March 31, 1913. W. Siemon, treasurer.
MENTIONED IN THIS ARTICLE
Westinghouse Electric & Manufacturing Company
New York
W. Siemon
Market Unaffected by Tariff Schedules
Prices generally lower on profit taking as market activity remains light. No decision in Minnesota rate case. Heavy selling of Baltimore and Ohio convertibles tied to dissolution of underwriting syndicate.
MENTIONED IN THIS ARTICLE
Minnesota
Baltimore & Ohio
Market Summary of Yesterday's Trading Across New York and Boston
Yesterday's market activity shows total New York sales at 246 100 and Boston at 13 837 shares. U S Express led gains in New York while Am Beet Sugar fell. St Paul rose in Boston and N E Cotton Yarn pref declined. Call and time money rates moved higher in both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Amalgamated
U. S. Express
Bosson
St. Paul
N. E. Cotton Yarn Pref
Stock Market Slips on Balkan Woes and Tariff Hopes
Trading in New York stocks showed hesitation and heaviness amid Balkan tensions and tariff developments. London and European markets sold shares, Reading rose modestly, while Rumely dropped to 41-2 and Chesapeake & Ohio fell to 66. Sugar declined as bonds also weakened. Total sales reached 3.25 million par value.
MENTIONED IN THIS ARTICLE
New York
Balkan
Montenegro
Amercan
London
Europe
Washington
Congress
Reading
Rumely
Chesapeake
Boston Stocks Exdividend Totals Decline on Shares and Bonds
Exdividend figures show total sales of 13 837 shares and bonds at 47 200 with rights 3 fractions 2. The report compiles market activity for Boston stocks including dividends and fractional rights.
State Street Topics on Tariff News and Market Response
The latest tariff schedule drew little market reaction with rails on the free list and modest changes in American Woolen American Sugar and Ameri can Beet Sugar stocks. East Butte Copper reports 1912 earnings of 2.40 per share on 411000 shares with gross profits 1.279 million and net 983000, while production rose 20 percent.
MENTIONED IN THIS ARTICLE
Steel Corporation
Grain markets show surprise supply drops across three grains
Grain markets closed with unexpected heavy supply decreases in all three grains, totaling 4,854,000 against 2,717,000 last year. Government winter wheat report tomorrow was ignored while sharp covering demand and some investment buying supported wheat and corn. May wheat led gains with outside strength, corn, oats also firm at session highs.
Mining Stocks 1912 Utah Consolidated Reports Earnings Rise
The Utah Consolidated for 1912 shows net earnings of 603,924 dollars or 2 per share with a profit and loss surplus of 591,268 dollars. Dividends paid were 1.50 per share. Ore reserves rose to 251,500 tons while copper, gold, and silver contents per ton declined. Details on production were issued earlier.
MENTIONED IN THIS ARTICLE
Utah Consolidated
Market Quiet as Supreme Court Decision Delays Trade News
Boston stock day drifts with only Amalgamated and Dutte & Superior clearing four figures. East Butte Copper reports 1912 earnings of 2.40 a share and notes strong financing, while Miami Copper pays a 0.50 dividend. New England Cotton Yarn preferred slips 61.8 to 637.8 as overall tone stays weak and trading slows.
MENTIONED IN THIS ARTICLE
Boston
Supreme Court
Minnesota
Amalgamated and Dutte & Superior
East Butte Copper Company
Miami
New England
Local curb market leads with Mexican Metals and Lion Hill moves
Boston curb market features Mexican Metals at 112 after heavy volume while Lion Hill fluctuates from TK to 70 cents and closes at 65. Ohio Copper climbs to 82 then settles at 78, and Cactus Copper rises to 15 cents before ending at 14. Details show varied stock quotes and trade activity across several listings.
MENTIONED IN THIS ARTICLE
Lion Hill Consolidated
Ohio Copper
Cactus
Lion Hill
Ie Lite
Utah
New Douglas
Stewart
Money Markets Show Little Change in April Settlement Outlook
Money markets imply April 1 settlements were met and funds may return to interior banks, suggesting rates will stay modest for a while. Banks continue to prefer liquidity and caution customers against large extensions, with call money in New York around 3 to 4 percent and time funds at 4 to 4 1/2 percent for 60 days to six months.
MENTIONED IN THIS ARTICLE
New York
Sane
New York Pnds
Eee Roston Clearings
Roston
New York Clearings
Eaeetes
Bond Market Notes
Everett Massachusetts bids due April 10 for a fifty thousand dollar temporary loan maturing October 20 1913. Massachusetts Gas Co bonds 4 1/2 per cent 20 year dated December 1 1911 admitted to Boston Stock Exchange. Milwaukee bids due April 15 for three hundred thousand dollars 4 1/2 per cent water works bonds dating January 1 1913 with annual redemptions 1914 33. Granby stockholders told subscriptions totaling one million five hundred thousand dollars 6 per cent first mortgage bonds payable by May 1.
MENTIONED IN THIS ARTICLE
Eee
Eee Ee Eee
New York
Boston
Everett
Mass
Boston Stock Exchange
Massachusetts Gas. Co
Milwaukee
Wis
Granby
Dividends Declared by Several Companies
Jacksonville Traction Co declares quarterly dividends of 1.50 on preferred and 1.75 on common, payable May 1 to holders of record April 18. Ingersoll Rand Co pays 5 percent cash and 2 percent stock, with cash to record April 15 and stock dividend to record April 21. American Cigar Co. declares 1 1 2 percent quarterly on common, payable May 1 to record April 15. Massachusetts Gas Cos. pays 1 dollar quarterly on common, payable May 1 to record April 15. Miami Copper Co. declares 50 cents quarterly, payable May 15 to record May 1.
MENTIONED IN THIS ARTICLE
Jacksonville Traction Co
Ingersoll Rand Co
American Cigar Co
Massachusetts Gas Cos
Miami Copper Co
Mutual National Bank Names New Directors
Arthur Lyman chairman of the Harvard Mutual Foundation and Henry B. Thompson of White, Weld & Co. are elected directors of Mutual National Bank. Lyman said a large bank interest was given to the Foundation for Harvard College, with no management change but a broader field for the bank.
MENTIONED IN THIS ARTICLE
Arthur Lyman
Harvard Mutual Foundation
Henry 8. Thompson
White, Weld & Co
Mutual National Bank
Bond Market Dips as B and O Convertibles Lead Slide
The day’s activity centered on Baltimore and Ohio convertibles which opened 154 points below last week’s close and stayed under pressure through the session.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio Convertibles
Blue Military Fraternal Encampments Open in Boston
The 47th Massachusetts Grand Army of the Republic encampment convenes today at Faneuil Hall at 10 AM with members of the Woman's Relief Corps Daughters of Veterans and Sons of Veterans in encampments and conventions. Gov Foss and Mayor Fitzgerald expected to speak. events include receptions, dinners, and flag presentations across multiple halls.
MENTIONED IN THIS ARTICLE
Massachusetts Department of the Grand Army of the Republic
Faneuil Hall
Woman's Relief Corps
Ladies of the
Daughters of Veterans and Sons of Veterans
Beers
Levi ‘Longfellow
Minneapolis
Ford Hall
Foss
Fitzgerad
Sons of Veterans
Lorimer Hall
Quincy House
Division
Bellevue
Ralph M. Grant
Hartford
Women’s Relief Corps
Massachusetts Department
People’s Temple
Mary E. Holbrook
Massachusetts Department of the Daughters of Veterans
Chipman Hall
Tremont Temple
Wilder
Calendar for Today Dividends Payable and Ex-Dividend Notes
Dividend calendar lists Old Dominion Co of Maine paying $1.25 and Pittsburgh-based firms Pitts, Ft Wayne and Chicago with 1 percent. Ex-dividend dates shown in parentheses. Association Merchants issues 1st preferred at 1 percent and 4 percent extra, 2nd preferred at 1 14 percent and 4 percent ex. (4 15). Books do not close.
MENTIONED IN THIS ARTICLE
Old Dom. Co
Pitts
Ft. Wayne & Chie
Braman Dow Looting Case Not Yet Presented to Grand Jury
Assistant District Attorney Thomas Lavelle said the Braman Dow fire looting case has not been presented to the grand jury and has not reached the district attorney's office.
MENTIONED IN THIS ARTICLE
Braman-Dow
Thomas Lavelle
Cosmopolitan Trust Elects New Directors at Meeting
At a meeting held yesterday at 76 Devonshire Street Silas Peirce was elected president of the Cosmopolitan Trust Company. The bank, serving multilingual citizens, reports deposits of 1 570 000 and a 15 language staff. New officers include Vice Presidents Max Mitchell Philip Cabot Patrick F O Keefe Parry C Wiggin Treasurer Arthur L Potter Secretary Horace E Hildreth and a large slate of directors led by Silas Peirce and Philip Cabot.
MENTIONED IN THIS ARTICLE
Cosmopolitan Trust Company
Devonshire Street
Silas Peirce
Max Mitchell
Philip Cabot
Patrick F. O’keefe
Parry C. Wiggin
Arthur L. Potter
Horace E. Hildreth
Rocco Brindisi
Patrick J. Bergin
E. C. Donnelly
Lee M. Friedman
FE. E. Gray
Aaron Halilparn
H. EB. Hildreth
P. B. Magrane
F. O'Keefe
R. H. Oveson
G. I. Peavy
E. E. Smith
Gabriele Stabile
J. E. Stone
Charles Weil
P. C. Wiggin
Simon Vorenberg
Tenement House Bill Proposes Biannual Inspections
A health measure backed by Mayor Fitzgerald advances from the Senate to the House calendar. The bill amends city building laws requiring owners of multi family dwellings to provide watertight ash and garbage receptacles and mandates inspections of every dwelling and lodging house at least twice yearly under the Board of Health.
MENTIONED IN THIS ARTICLE
Fitzgerald
Senate
Board of Health
Call for stricter tenement laws to cover three family homes
Boston health officials urge more rigorous enforcement of tenement rules for three family houses arguing inspections are needed more often in smaller multi family dwellings. They warn of poor sanitation including cellar toilets and inadequate ash receptacles without accountable laws and regular checks.
MENTIONED IN THIS ARTICLE
Thomas Jordan
Boston Board of Health
Board of Health
97-year-old man re-elected water commissioner in Spencer
In Spencer on April 7 a 97-year-old resident, Dexter Bullard, was re-elected water commissioner for a three-year term. Bullard has held the office since 1884 and voted in town meetings for seven years, walking to and from the polls.
MENTIONED IN THIS ARTICLE
Spencer
Dexter Bullard
Bullard
Lawrence Licenses: 10 Changes Sudden in City
Lawrence April 7 The liquor licenses for the ensuing year were granted today and to the surprise of nearly the entire city 10 changes were made. Among the dealers dropped were several of the old standbys who had held licenses for years and were considered impregnable.
MENTIONED IN THIS ARTICLE
Lawrence
New England Cotton Yarn Co Stocks Decline Sharply
The preferred stock rose over 6 points to 637-8 while the common fell to 50 after the lease guaranteeing 6 percent on preferred and 7.5 percent on common was abrogated. The company received 500000 in cash and 2000000 4 percent Union Mills preferred stock as compensation. A special article on the company’s history and prospects runs on tomorrow’s Boston financial page.
MENTIONED IN THIS ARTICLE
New New England Cotton Yarn Co
Union Mills
New England Cotton Yarn Co
Boston
Also Mentioned on This Page
Adirondack Electric
Power Corp
Common & Preferred
Richardson, Hill & CO
Congress Street
United Light & Railways Co
Moors & Cabot
Devonshire St
la Rose
Tennessee Copper
High Point
Wrens
Dune
May
Prey
Close
Esreee
Scios
Majul
New York Market
Smelt & R
Mt &T
At& SF
Cal Pet Corp Pt
Oe Pacific
Erie
Lehigh Valley
Liggett & Mey
Liggett & Ba Mey
Louisian
Ackay
Mex Pet Co
Oc&sl
Ea Bee
Rock Inland
Rumeley Co
West Union
Woolworth
Boston Stocks
At&t
West T & T
Allouez
Wosken Pt
Arizona
Atchison
Atl Gulf
Bos
Boston & Rbin
Bos & Lowe
Bos & Maine
Butte & Sup
Cal & Arizona
Cal & Hecla
Centennial Pauee
Mil & St P
Isle Royale
Ergenthaler
United Fruit
United Shoe
Utah A
Heneee
Victor Aueme ‘ Peeee
State Street
Pittsmont Copper Company
Chicago
Duluth
Kansas City
Toledo
Detroit
Middle West
Public Service Commission
Baltimore
Calumet & Hecla
Atlanta
Blue Bull
Midway
Boot
Florence
J Butler
M’namara
Alexandra
Hargrave
Oo Bailey
Kerr Lke
Beaver
Buffalo
McK Dar
Frind
Nipissing
C of Cobb
Pisn Lake
Bit Lake
Post of Way
Contagas
Rochester
Cro Res
Silver Leaf
Foster
T’msking
Gifford
Ob Tretheway
Gt Nuhn
Wettlaufer
Do Imp
Foley O'B
Reaes
H'llinger
Tupster
Wst Dome
Bi Iron King
Col Mng
Opohongo
Idaho
Sioux
Iron Bros
Wilbert
Alaska
Cortes
Corbin
Cro
D ‘Daly
Laramie
Lwo
Marconi New
Brit Am Tone
Ely
Consol
Florence Gol
Greene Cananea Htoux
Os Y. Wi
McKinley Carr
Unig
Money Markets
Metal Markets
United States
Etter Ois
Tonga
MEN OF Blue
State Grand Army and Allied Bodies
Stock Exchange
Hosley
G. A R
George A. Hosley
Abraham Lincoln
Charlestown
Alfred B. Beers
Bridgeport
Conn
Henry J. Seeley
Henry L. Beech
South Station
J. Payson Bradley
Algonquin Club
Commonwealth Avenue
Hosleys
Nie Dock Co
Ches & O
See & Power
NYNHE
Hovis
Nyc
Armour & Co Real
Ory
ATK SF
Norf & W
Ni Tees Ag & Coke
Cri&p
At&s5sf
Col & Sorig
Penn
Ry & Let
del & Hud
Anee Veelees
Balt & O Gold
den & R Gcon
Corp
Stlim
Sgnl
Repte
du Pont de Nreae
St Lim
Seewee
LIM & Ene
A & Gulf
Erie Penn
Norie i
Asco
Indiana Steel
Bell T&t
Kcfts& M
Kentley Cen
Texas & P i
Laclede Gas
St L
Lake S Gnl
OS Union Pac
Liggett & M
Union Pac
Senate Liege
Pomis
Union
Steel
Weeee S Steel
Beth Steel Rig
Aie
Brecess
Bklyn Rap
L & Needs
Wabbash
Knox
Wabash
A & Lee
Mk&t
Wab-P
Canada
Beganel & A
Saerer Peveee Westghse Mfg
West Shore
Aise Wisconsin
Chicago Market
Hs&m P Canal E Dk
Rys
Subway
Pheu Tool
Armourdys
Philadelphia Market
Far
Ask Am Ry.s
Catotni
St Bat
Penn Salt
Phila Co
Cosmopolitan Trust
Jordan
Boards of Health
Health Department
Man
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