Western Union Dividend Outlook After Telephonetakeover
The Western Union Telegraph Company, freed from American Telephone Company control, faces a 4 percent dividend with questions on sustaining or raising payouts. Since 1999 management changes boosted gross earnings by 50 percent, yet net revenue lagged behind, while reinvestment and reconstruction reduced per share surplus. Outlook remains cautious but expects steady growth barring further policy shifts.
MENTIONED IN THIS ARTICLE
Western Union Telegraph Company
American Telephone Company
Western Union
Telehone
Telephone Company
Markets Generally Lower in Yesterday's Trading
Stock markets closed with declines across major exchanges. New York totals show 535 700 shares traded with steel leading activity at 165 200 shares, while Boston reported 27 400 shares with steel at 6047. Notable changes include United Cigar up 57 to 48 in New York and Virginia Iron down 5 to 45. Amheek Mining up 5 to 290 in Boston, Concord & Montreal down 5 to 110. Call money in New York at 2 percent and Boston at 3 percent. Time money in New York 3 4 to 4 percent and Boston 3 4 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Boston—Steel
United Cigar
Virginia Iron, Coal & Coke
Ahmeek Mining
Concord
Montreal
AT & T Oy
S& M Ux
Ny&n
Centennial
Daly West
Greene
la Salle
Maine Central
Mayflower
Mergenthaler Tees
Miami C
Nevada
Ny&nh
Nipissing
Nor H Butte
Santa Fe
Shannon
Shattuck-Ariz
So Pacrts Ee
Utah Consol
Utah Cop Co
Victoria Eee
West End
Mona
Minneapolis
Duluth
St Louis
Kansas City
Toledo
Detroit
Penn +eeseeee
People's Gas
Peoria & E
Pitts Coal Tee Ee
Pitts Coal of
Pitts Steel Press
Rock Island
Rumely Co
St Lou& Snf
Air L
Roebuck
South Pacific
Souonetee
So Ry of Staweee
BOL
Studebaker
U S
U S Steel Pf
Utah Co
Va Carems
Va Car Chem Pf
Vir Ir C&c
Viaria, Ry & P
Oveveses Il
Watmab Feree
Westi
Wis Central
Woolworth
MarketWeakness Deepens on Mexican Woes and Bearish Tone
New York market traders faced pronounced weakness with higher trading volume. Stocks broadly fell, steel led declines near year lows as short selling intensified amid Mexican situation rumors. The Interstate Commerce Commission rate delay and foreign selling pressured bonds and low priced issues. Atlantic fleet news briefly steadied prices before fading.
MENTIONED IN THIS ARTICLE
New York
Washington
Interstate Commerce Commission
London
Amalgamated
Canadian Pacific
Atlantic
Tampico
Panama
Local market tumbles as steel common leads losses
Prices in Boston ahead of New York trading fell sharply with Steel Common dropping to 58 3 8 and Amalgamated Granby and Copper issues sliding. Some support emerged in Amalgamated Alaska Gold Granby and American Telephone, while bond activity remained solid with Chicago Junction and United Fruit firm. Market closed with irregular tone.
MENTIONED IN THIS ARTICLE
Boston
New York
Steel Common
Amalgamated
United Fruit
Concord & Montreal
Granby
Quincy
Wolverine
Chicago Junction
United Fruit Holding
Great Northern
Alaska
Providence awards 375000 sewer bonds to Blodget Estabrook firms
Providence Rhode Island has awarded 375000 four per cent sewer bonds dated May 1 1914 and due in 1944 to Blodget Co and Estabrook Co jointly. Other bidders were N W Harris Co and Kean Taylor Co.
MENTIONED IN THIS ARTICLE
Providence
R. I
Blodget & Co
Estabrook & Co
N. W., Harris & Co
Kean Taylor &Co
American Telephone reports earnings for three months ended March 31 1914
American Telephone and Telegraph Company announces first quarter results showing total earnings and various income streams for 1914 and 1913. The report covers dividends net income interest and related costs with a balance carried forward and notes on associated holding companies and exclusions. The piece notes a separate two month period ending February 28 for holding and operating groups.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Company
American Telephone and Associated Holding
United States
Associated Holding
Hibernia Savings Bank Trustees Elect Officers
At a special meeting of trustees Mayor Timothy W. Good of Cambridge was elected president to fill the balance of the unexpired term of John R. McVey who resigned to accept the Presidency of the New Old South Trust Company. Mayor James M. Curley of Boston became a trustee and vice president. Frederick J. Crosby was elected one member of the board of investment.
MENTIONED IN THIS ARTICLE
Hibernia Savings Bank
Timothy W. Good of
Charlestown Five Cents Savings Bank Declares Dividend
The Charlestown Five Cents Savings Bank announces a semiannual dividend of 2 percent plus an extra 0.5 percent payable April 15. This is the second extra in five years, following the 1910 payment. The bank reports a combined surplus and guaranty fund of about $1.4 million with annual income near $70,000, covering expenses and taxes while leaving all deposit income for dividends.
MENTIONED IN THIS ARTICLE
Charlestown
Five Cents Savings Bank
Dividends Declared by Several Companies
Bangor Railway and Electric declares 1 2 percent on common stock payable May 1 to stock of record April 20. Mexican Telephone and Telegraph declares 21 2 percent on preferred stock payable May 1 to stock of record April 18. Books close April 18 reopen May 7. Public Service Investment Company pays quarterly 1.50 per share May 1 to stock of record April 18. Kerr Lake Mining declares 25 cents a share quarterly payable June 15 to stock of record June 1.
MENTIONED IN THIS ARTICLE
Bangor Railway and Electric Company
Mexican Telephone and Telegraph Company
Public Service Investment Company
Kerr Lake Mining Company
Boston
Massachusetts
Businss
Tremont Trust Company Elects Officers and Plans June Opening
At a meeting of Tremont Trust Company incorporators officers were elected: John E. White as president Simon Swig first vice president James M. W. Hall second vice president Charles Fleischer secretary and H. E. Phipps treasurer. Third vice president position left vacant. Directors to be elected at next meeting. Opening expected about June 1 in the financial district.
MENTIONED IN THIS ARTICLE
Tremont Trust Company
John E. White
State
Simon Swig
National Realty Company
Consumptives’ Hospitals of
Massachusetts
James M. W. Hall
Cambridge
Charles Fleischer
H. E. Phipps
Also Mentioned on This Page
Kidder, Peabody & Co
Devonshire St. Boston
Foreign Exchange
Letters of Credit
Wall Street
Baring Brothers & Co., Ltd
TE Sk Western Union
Cently
Post
Telegraph Company
Pere Marquette Railroad Company Underlying Bondholders’ Committee
Flint & Pere Marquette Railroad Co
Chicago & West Michigan Railway Co
Flint & Pere Marquette
Port Huron
Chicago & North Michigan Railroad Co
Detroit, Grand Rapids & Western Railroad
Flint & Pere Marquette Railroad
Grand Rapids, Belding & Saginaw Railroad Co
Ist
Saginaw, Tuscola & Huron Railroad Co
Pere Marquette Railroad Company
Comsnittee
C Trvast Company
Central Company
Saginaw, Tuscola & Huron
New York Trust Company
E. V. R. Thayer
Arthur Adams
T. Crapo
Henry R. Hoyt Oliver Prescott
LD Colony Trust Company
Sentral Trust Company
New
Sel. Storey, Thorndike, Palmer & Dodge
Donham
Mass
Chicago
City of
Beaumont
Texas
Legal Investment
Connecticut
New Hampshire
Savings Banks
WM. A. Read & CO
Congress St
Philadelphia
Cleveland
R. L. Day & Co
Congress Street
Messrs
Hawkins
Delafield and Longfellow
New England
State Street
Merrill Oldham & Co
Boston Stocks
New York Market
Stoc High
At&sf
At& F Pf
Ohio
Beth Steel O
Bklyn RT
Bklyn U Gas
Brunswick
Butterick
Cal Pet Corp
Can Pacific
Cal Pet Corp Pi
Chen & Ohio
Cm& Pp Gas
Deere & Co
Dl&w Sacee
Erie
Seeenee
BIS, Co
Valley
Mont Power Co
Mont Power
Nat Biscuit
Davee
Nynh&h
Nor &’ West Om
Ely Consol
Goldfield Sogn
Kerr Lake
Amelia
Bay State Gas
Utte
Calaveras Ee
Corbin Peer Tereses
Davis
Dal UL
Seeerees
Humboldt
Domin
Money Markets
Bub-Treasury
Serenntes
Incor
Straus Building
Pittsburg
WS & CO
OND Bankers
Liverpool
Rev Sete
Bos
Prev Cote
Abe
Standard Oil
Samoa
Eestor Buckeye Ee
Galena Ee
Galena Sig Pf
Union Tank News
Washington Oil
Ps Ese
Eis Erees
Rere
Seb
American Telephone
Hank
Wheeling Electric Co
Wheeling, W. V
Cumulative Preferred Stock
The
America Gas & Electric Co
Richardson, Hill & Co
Ftee
Beacon Street
Everett A. Whith
Service Department
Stock Exchange of
Broad Street
N. Y
Amalgamated Utah Smelters
Southern Pacific
Edison Electric Illuminating
K. Cummins
Stone & Webster
Tremont Trust CO
Boston Transcript
Boston Post
Boston Herald
Boston Globe
Boston Monitor
Boston Record
Boston Advertiser
Boston American
Boston Journal
Agate Vines