Money Markets Show Lighter Volume and Cautious Lending
In a cautious tone traders note lighter market activity with banks lending less time money to preserve reserves ahead of anticipated financing needs. Call money in New York traded around 2.25 percent with a 2.25 to 3.0 percent range. Time money ranged from 4.5 to 4.5 percent for 9 days to six months with 4 to 4.5 percent for 60 days. Local money and foreign exchange quotes were also listed.
MENTIONED IN THIS ARTICLE
Call Money
New York
Stock Market Ends Session With Substantial Advances
After hours of aimless trading the New York market strengthened. Late gains came with reduced volume as investors eyed extensions for Harriman properties and postponed railroad rate case decisions. Bonds were irregular while money markets awaited new capital needs.
MENTIONED IN THIS ARTICLE
New York
Harriman
Supreme Court
New York City
United States
Markets Show Strong Undertone Amid Mixed Metals Yet
Amalgamated shares rise sharply despite lower London metal prices. Government seeks permission from the Supreme Court to intervene in pending rate cases. North Butte reports a favorable annual performance with improvements in key metrics.
MENTIONED IN THIS ARTICLE
Amalgamated
London
Supreme Court
North Butte
Market totals and changes across New York Boston exchanges
Yesterday's market activity shows New York total sales 223000 shares and Boston 16097 shares with Reading leading in New York at 47100 shares and North Butte leading in Boston with 1805. Year to date totals run 28092600 for New York and 1977922 for Boston. Notable gains and losses include Wisconsin Central and Boston & Maine, with call and time money rates varying between cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
North Butte
Wisconsin Central
Am. Writ
Boston & Maine
Vermont & Mass
Time Money
Local Market Sees Bullish Tone in Copper and Industrial Shares
Boston April 21 The local stock market shows improved sentiment with copper and industrial shares trending higher. North Butte reports record ore reserves and earnings above 1908 levels, closing at 303 4 with a net gain of 1 8. Amalgamated rises to 173 4 while Boston & Maine climbs to 671 4, Pennsylvanias rights trade briskly, and New Haven halves to 118 1 2 then 114 1 2 as overall activity remains lively and prices firm.
MENTIONED IN THIS ARTICLE
Boston
North Butte
Amalgamated
New York
John D. Ryan
Boston & Maine
Pennsylvania
New Haven
Grain markets show steady wheat and mixed corn moves
Wheat held near steady with small gains on May and July futures while September rose modestly. Corn fell early then closed slightly lower. Oats were inactive and edged down. Notable activity included large visible decreases in grain stocks and strong international price moves in Paris Antwerp Berlin and Budapest. Minneapolis Duluth and Chicago car load figures were reported alongside upcoming shipments and export sales.
MENTIONED IN THIS ARTICLE
Liverpool
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
Bond Market Notes Worcester issues 100000 4 per cent serial bonds
Worcester Worcester Mass awards 100000 four percent serial registered water ponds dated April 1 1918 and due five thousand annually 1914 to 1933 bidders included F B Moseley Perry Coffin Burr. Lawrence invites bids April 24 for 14000 four and one half percent insurance loan bonds dated April 1 1918 maturing 2500 annually 1914 17 Hayden Stone sells at par the remaining 1 000 000 preferred seven percent stock of Robert Gair Company.
MENTIONED IN THIS ARTICLE
Worcester
Mass
Blodget & Co
Moseley & Co
Perry, Coffin & Burr
Lawrence
Hayden, Stone & Co
Robert Gair Company
Dividend Notice for Sierra Pacific Electric Preferred Stock
The Sierra Pacific Electric Company declares a quarterly dividend of 1.50 per share on its preferred stock payable in May 1918 to holders of record at the close of April 24, 1913. Transfer agents VVp NE and Webster.
MENTIONED IN THIS ARTICLE
State of Nevada
Sierra Pacific Electric Company
Vvp
NE & Webster
Boston Stocks Bonded Local Curb Market Leaders
Alaska Gold, Butte Central, Davis Daly, Butte & London, Mexican Metal, and Verde Extension led yesterday's local curb market dealings. Prices showed only minor moves with a half point rise for Butte Central and gains for Davis Daly amid a narrow trading range. Detailed fluctuations followed brief advances and retreats.
MENTIONED IN THIS ARTICLE
Alaska Gold
Butte Central
Davis Daly
Butte & London
Mexican Metal
Verde Extension
Davis Daly Re
Cotton Markets Hold Ground Amid Weather Mixed Signals
Market declines to new lows but finds support as price levels in New York hedge against spot trades. Weather maps show unsettled western belt conditions while crops in Southern latitudes can tolerate rain, potentially aiding gains.
MENTIONED IN THIS ARTICLE
New York
Market notes show mixed metal futures and bids
The record lists electrolytic tin and lead bids with April and June figures, plus several numbered contracts and soft lead indications. Prices range around mid to high teens for various tin and antimony items with scattered dealer codes and unsettled quotes.
MENTIONED IN THIS ARTICLE
Lake
Ing
Tay
Ely
Mandy
Boelter
Antimon Cookson
Northern
Southern
Soo
Calendar for Today Dividends and Books Nearby
Calendar notes dividends payable for Hollinger Gold Mines at 3 percent with ex dividend dates in parentheses. American Glue Company at 8 percent with payable date 5-1. Books open for American Locomotive, Consolidated Ice, U S Steel. Book close for Anaconda Mining for meeting. Assessment payable Corbin Copper Company 50 cents.
MENTIONED IN THIS ARTICLE
Hollinger
American Locomotive, Ptd. Consolidated Ice Company
U. &. Steel
Anaconda Mneg
Corbin Copper Company
STATE STREET TOPICS ON STOCKS AND COPPER MARKETS
Trading on Monday was light until late in the session after a Supreme Court delay on interstate rate decisions. North Butte Mining reports 1912 earnings of 4.07 a share and reserves at historic highs, with cash and copper on hand rising sharply. Utah Copper and Nevada Consolidated show mixed March production while copper prices hover near 11.84 dollars, and elevated wage fears threaten 1914 dividends.
MENTIONED IN THIS ARTICLE
Supreme Court
Minnesota
North Butte Mining Company
Pope
Utah Copper
Nevada
Utah
J. J. Hill
North Lake Directors Levy May 19 Assessment
North Lake directors set an assessment of $1 per share payable May 19 with stock of record May 17. The notes summarize cash and ore values for La Rose and Nipissing as of April 1, listing totals of $1.794 million and $1.885 million respectively. Mining engineer A J Eveland to resume independent practice in New York after three years with Hornblower Weeks.
MENTIONED IN THIS ARTICLE
North Lake
la Rose
A. J. Eveland
Hornblower & Weeks
New York
Dividends Declared by Several Firms This Season
Edison Electric Illuminating Company Brockton declares semi annual dividends of 4 per share payable May 1 to stock of record April 22. Lowell Electric Light Corporation pays quarterly 2 per share to stock of record April 22. Stevens Manufacturing Company issues regular quarterly 1.5 percent on demand from April 18. Pullman Company announces regular quarterly 2 per share payable May 15 to stock of record April 30. Connecticut Railway Lighting Company 1 percent quarterly on both common and preferred payable May 15. Atlantic Coast Line Railroad semi annual 2.5 percent on preferred payable May 10. Books close April 29 reopen May 10. Mexican Telephone & Telegraph Company semi annual 2.5 percent on preferred payable May 1 to stock of record April 18. Books close April 18 reopen May 1.
MENTIONED IN THIS ARTICLE
Edison Electric Illuminating Company of
Brockton
Lowell Electric Light Corporation
Stevens Manufacturing Company
Pullman Company
Connecticut Railway & Lighting Company
Atlantic Coast Line Railroad
Mexican Telephone & Telegraph Company
Bond Market Summary Attended By Government Bonds
The bond market report shows United States government bonds and railroad issues with total sales of 2,010,000, comparisons to prior Saturdays and weeks, and year to date totals. Notable names include Sassaneani and Union Pacific, with figures indicating market activity and value changes.
National Railway Safety First Association Formed
Representatives of 84 railroads organized the National Railway Safety First Association in Chicago. The group plans a nationwide safety education campaign with information bureaus in major cities and lectures on railway safety to reduce accidents.
MENTIONED IN THIS ARTICLE
Chicago
National Railway Safety First Association
Left Door Key Under Mat Theft Reported in South Boston
Mrs. Charles H. Krandall of 514 East Seventh Street South Boston reported a break in after leaving her apartment key under the front door mat. A thief entered, cooked a meal, and stole $57 from lodger James Smith and $1 plus a set of keys from Krandall.
MENTIONED IN THIS ARTICLE
Charles H. Krandall
East Seventh Street
South
Boston
James Smith
Federal courts must not correct jury verdicts
The Supreme Court ruled five to four that federal appellate courts may not reverse jury verdicts for insufficient evidence. The Slocum versus New York Life Insurance Company retrial was ordered. Justice Hughes dissented, warning the decision limits federal review and could block changes to avoid new trials.
MENTIONED IN THIS ARTICLE
Washington
High Court
Lillian F. Slocum
Pittsburg
New York Life Insurance Company
Circuit Court of Appeals
Third Circuit
Slocum
Justice Hughes
Holmes
Lurton
Pitney
Pennsylvania
Congress
Fresh ground fish scarce at T Wharf market with nine vessels in
Scarcity marked the week opening at T Wharf as nine vessels docked after a two day shutdown. Swell and Frances 8 Grueby led fares in haddock cod hake and pollock with notable cargoes and prices listed, plus multiple ships arriving from Lisbon to Boston for molasses and sugar shipments.
MENTIONED IN THIS ARTICLE
T Wharf
Frances
Grueby
Haddock
Shipping News Miniature Almanac Arrivals at Ports
April 22 arrivals include steamers Joseph J. Cuneo Aamodt Baracoa Cuba Thyra Menier Jones Louisburg Indianola Price Hamburg Howard Chase Newport News and Norfolk Newton Abbott Newport News Mills DeLinden Baltimore Penobscot Nickerson Sewall's Point Edison Tight Meech Sewall's Point Carib Bennell Jacksonville Bay State Cooper Newport News towing barge Badger for this port. Tugs Leader Doane Beverly arrived April 19 Leader Lynn April 20 Charles Parker Jr Natty Newport News towing barges Dora Edith Co Grace Sewall's Point Joshua Lovett Coffin Newport News towing barges Allee Bessie Georges Creek Brooks Baltimore towing barges Nos 23 and 24 Mars Calhoun Philadelphia towing barges Hampshire for
MENTIONED IN THIS ARTICLE
Calvin Austin
Portland
Hartport
St. John
N. B
Kershaw
Baltimore
Newport News
H. F. Dimock
New York
Kennebec
Bay State
Portsmouth
J. H. Devereaux
Norfolk
Vesta
J. H. Rutter
Lynn
Juno
Boston
Charles YT. Gallagher
Alice
Newburyport
Mars
Hampshire
Philadelphia
Salem
John A. Hughes
I. E. Fletcher
Leader
Parks
Sadie Ross
Frank F. Witherbee
Charleston
8. C
Wynn
Waverly
Hoboken
Charles W. Parker, Jr
Helen
Clara
Richmond
Kennebeck
Luzon
Lambert's Point
Watuppa
Parker's Flats
Catawissa
Mingo
Saucon
Tohickon
Swatara
David Wallace
Pilgrim
Smyrna
Savage
Lambert’s Point
FB. B. Richards
Rockland
Plymouth
Port Johnson
Mary A. White
Rockport
Luther T. Garetson
Abbie H. Gheen
South Amboy
Ipswich
Joseph J. Cuneo
Aamodt
Baracoa
Cuba
Thyra Menier
Jones
Louisburg
Cooper
Badger
Doane
Beverly
Charles
Parker, Jr
Natty
Dora
Edith
Grace
Sewall
Calhoun
John F Wood Dies at 75 in Snow's Falls
John Farmer Wood a retired Boston businessman and former executive head of the Boston Traveler died at his home in Snow's Falls Maine aged 75. Born in Concord Mass Oct 2 1838 he worked in law and manufacturing before organizing the New England Manufacturers and Mechanics Institute. He served as executive head of the Boston Traveler in 1891 and later with the Boston News. He was twice married to Ella Skinner and Alice Soule and leaves a son Fred J Wood of Brookline.
MENTIONED IN THIS ARTICLE
Snow’'S Falls
John Farmer Wood
Boston
Boston Traveler
Mr. Wood
James and
Mizpah Wood
Concord
Mass
Ephraim Wood
Middlesex County
John Wood
George 8. Boutwell
New England
Walter A. Wood
London
Gray & Danforth
Boston News
Ella Louise Skinner
Alice C. Soule
Provincetown
Fred J. Wood
Brookline
Also Mentioned on This Page
Richardson, Hill & GO
Congress Street
United Light & Railways Co
Carsitah
Moors & Cabot Tf
Devonshire Street
the Financial Press
Front Street
Money Markets
Pee
Meatsan Gouath
Eeee Eeeeres
Odeeeseees
Bankers’ Sterling
Reichsmar
New York Market
Neewee
Am Cities Co
Cot Oil
Neewees
Smelt & R Pf
Ches Ohio
Goodrich
Central Pereee
Rock Island
South Pacific
Tenn Copper
Texas Ae
Greeee
Union Pacific
Seeeae
Uoods Pl
Eaene
U 8 Steel of
West
Maryland
Meek
Woolworth
Boston Stocks
Bonde
AT & T
Amalgamated Am Ag Chem
Pneu
Te & Tel
Terres
Atchison Wee Eee
Bos
Bos& Albany
Boston & Co Corbin
Bos & Maine
Bos & Proviaenee
Ballak
Yore & Sup
Cal & Hecla
Chine Se Eeeboone
Fitchburg Pf
Franklin Seeeeeer
Elec
Giroux
Granby
Greene Can
Indiana
Metinan Let
Golony
Dominion
Shannon Aeteeees UN
United Fruit
Alaska Ne
Bay State Gas
Lion Hill
Ohio
ugceptOct
Tran
Wit
McKinley Dah
Tie Oil NJ
Tuolumne
UN Cig
High Point
Fesees
Pvastuswsner
Low Point
Parison
Enone Inc
Inc
Five Cent
Sane Inc
Blue Bull
Idaho
Jim Butler
Monte
Montana
Gia
Sioux Gon
Wele
Wilbech
Yerrington
Metal Markets
Chicago Market
Bwft & Co
Booth Fish
Stone
Edison
Arm
Fa Sa
Il Brick
Morria
Og Gas
Philadelphia Market
Bid. Ask
Rys
BOM Ototnith&p Ds
Phila Co
Ask. Phila Co
Phila R T
Phila Trac
Tonopah Belmont A
American Glue Company
Boston Condensed Milk
Bellows Falls
Gardner
Mechanicsville
Cutingsville
Tockin
Hotchkin & Co, Investments
State
Pine
State Street
Boston Elevated
Nipissing
Sassaneani
Stock Exchange
Kcfis& M
Union Pac
Wab-P Ter
TO. Saenwees
Court Street
Olive F. Hutchins
Elva L. Spurling
Eae
Mary Ruth
Bae Mit
B. Go, Hussey
Hattie Heckman
Baem
Laura
Lottie G
Ralph Webber
Lewes
Del
Indianola
Price
Hamburg
Germany
Hamburg-American Line
John Dizer
City of Macon
James S. Whitney
Vineyard Sound
Louisburg, Co. B
United Fruit Company
Esparta
Long Wharf
Felipe J. Alvarado
Costa Rica
Alvarado
Aida
Lilla Alvarado
William J. Bryan
John J. Hanson
Ponce
P. R
Sunlight
Captain Crowley
Macoris
San Domingo
Burnside
Philadelphia & Reading Coal Company
Fire Island
Conestoga
St. Nicholas
Ephrata
White Star Line
Cretic
Genoa
Dig
Montreal
Salem and
Elk Garden
Neponset
Sears
Doris
George
Charles T. Gallagher
Pierce
Moline
Philadelhia
W. H. Yerkes, Jr
Eka
Ross
C. Blake
Gah
York
Towrence
Co. No
Simms
Yarmouth
Shipping News
John F. Wood
Brooklyn
Brooklyn Rapid Transit
Brooklyn Company
Tomorrow
Boston Post