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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 12, 1913

Page

15

Trend of Prices Points in Yesterdays Markets

Report shows New York total sales 345 500 shares and Boston 20 070. Reading leads New York as most active issue with 83 100 shares. North Butte tops Boston with 4185 shares. Year to date totals compare to prior year and list gains and losses include N. E. Cotton Yarn and Osceola Consolidated in New York. Denver & Rio Grande and Am. Tobacco in Boston. Interest rates quoted for call and time money in both markets.

New York Boston Reading North Butte N. E Osceola Consolidated Denver & Rio Grande Am. Tobacco P. c

New York Stocks Slip as Market Feels Downward Trend

The New York market showed a clearer downward drift with major issues including Union Pacific Reading Lehigh Valley Amalgamated and Steel falling 1 to 2 points. New York Central and Baltimore and Ohio hit new yearly lows as enthusiasm for new issues weighed on prices.

New York Stock Exchange Union Pacific Reading Lehigh Valley Amalgamated and Steel New York Central Baltimore Ohio New York City Europe London Sub-Treasury U. S

Dividends Declared by Dallas Electric and Peers

Dallas Electric Corporation to pay semi annual dividends of 3.00 per share on the first preferred and 2.50 per share on the second preferred stock, both due April 14 1918 for holders of record April 3 1918. Also dividend notices from American Telephone Telegraph Co and Westinghouse announced. A two dollar per share dividend to be paid April 15 1918 for holders of record March 31 1918. Also one percent quarterly dividend on common stock of another company payable April 30 1918 for holders of record March 31 1918.

Dallas Electric Corporation Dallas Texas Creferees Stone & Wester American Telephone & Telegraph Co William Rh. Driver Westinghouse Electric & Manufacturing Company New York T. W. Siemon

Local Market Quiet. Amalgamated North Butte In Spotlight

The Boston market watched a drift with New York prices as Amalgamated Butte & Superior and North Butte stood out. Traders buy on declines and sell on absorption hints while chatter grows that Boston Elevated may cut its dividend due to last year’s strike impact.

Boston Amalgamated Butte & Superior North Butte New York

Reorganization Report on United States Worsted Company

Andrew Adie states the merged concern acquired Maine and related mills in 1912, notes asset overstatement and liabilities, reports $1,000,000 bank support with $700,000 advanced, and forecasts eventual dividends with adequate working capital after plan completion.

Boston United States United States Worsted Company OF Maine Lawrence Dye Works Silesia Worsted Mills Saxony Mills Uswoco Mills Silesia Mills Chartered Accountants United States Worsted Company Silesia Worsted Mills, Inc Lawrence Quick Ass Dye Works Andrew Adie

Money Markets Stay Quiet As Rates Edge Higher

The money markets closed near Thursday levels with call money in New York at 3 1 2 percent and mixed collateral loans 4 1 2 percent. Industrial loans held at 5 percent while bankers noted the favorable pricing of new securities from St Paul and Pennsylvania as a sign that strong demand could tighten liquidity and push rates higher. Local money rates and foreign exchange quotes accompanied the report.

New York St. Paul Pennsylvania

Stock Market Weakness Reflected in Curb Quotes

The session showed price softness on major exchanges with smaller losses in the curb. Nevada Douglas Mexican Metals and Butte Central withstood selling pressure, supplying most of the day’s activity. table details each issue’s fluctuations.

Nevada Douglas Mexican Metals Butte Central

State Street Topics Decline in Railroad Bond Prices

Prices fell across markets with railroad securities the weakest as financing efforts by major roads faltered. Baltimore and Ohio issued 63 million dollars of convertible bonds with low takeup. St. Paul and others yield around 4.3 percent. New York Central and Pennsylvania face large future issues, with Pennsylvanias price at 114 1 2 and Central around 103 amid dividend and surplus concerns.

Lst Baltimore & Ohio St. Paul Pennsylvania New York Central London Central

Banks invite public subscriptions for Chicago Milwaukee and St Paul bonds

Kuhn, Loeb & Co. and the National City Bank of New York announce public subscriptions for 30 million dollars of general mortgage 4 1 2 per cent bonds of the Chicago Milwaukee and St Paul Railway. Subscriptions close at 3 p m April 17 with a 50 per 1000 bond initial payment.

Chicago, Milwaukee & St. Paul Railway Co A. J. Earling Chicago, Milwaukee and St. Paul Railway Company Chicago Milwaukee Illinois Wisconsin Minnesota Iowa Missouri North Dakota South Dakota St. Paul Minneapolis Des Moines Sioux Falls Council Bluffs Omaha Kansas City Seattle Tacoma Pacific Coast Ontonagon Michigan Lake Superior New York Massachusetts Connecticut New York Stock Exchange Kuhn, Loeb & CO THE National City Bank Kidder, Peabody & CO Boston National City Bank of New York City Chicago, Milwaukee & St. Paul Railway

Bond market records fall as several issues hit new lows

The market shows new lows for New York City 4s and Wabash-Pittsburgh Terminal firsts while Rio Grande Western mece 4s see sharp offers without buyers. St Paul metal 43 trades. Union Pacific 4s and Southern Pacific cvt 4s quoted with modest gains and declines. Total sales reach 721,000 yesterday, 2,571,000 for the week, and 2,412,000 for the year. January 1 to date totals run to 169,118,000 versus 260,898,000 last year.

New York City Wabash-Pittsburg Rio Grande St. Paul Coen Nort & Wertdegeab Union So Pacific Cvt Ree Gé&o Norf & Wort Teaus St L & West West Shore

Trade Quiet as Floods Slow Iron and Railroads

R G Dun weekly review notes widespread quiet in general trade with railroads and industrial centers not yet recovered from Western floods. Iron and steel activity remains restrained by flood disruption and rail traffic problems. Pig iron prices show weakness in the Central West while the East sees concessions to buyers. Footwear market improves with fall contracts and expected steady factory employment next season.

DUN New York R. G. Dun & Co Central West East

Also Mentioned on This Page

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