Titanic disaster threatens Marine Investment in 1912 outlook
The editor notes Titanic losses and a looming receivership risk for International Mercantile Marine, detailing how stock and bond values fell after the disaster. It analyzes over capitalization, depreciation shortfalls, and the fragile earnings base of the ship trust founded by Morgan, urging fresh capital to restore stability.
MENTIONED IN THIS ARTICLE
Transatlantic ‘Shipping Trust
Morgan
Steel Trust
International Mercantile Marine Company
Mr. Morgan
Market Upturn Boosts Yesterday's Trading Totals
Stocks rose on news that the Railroad Engineers' Union would accept mediation by the Commerce Court. Reading and steel shares led the gains with Reading reaching its highest price since 1909, while Marconi and General Electric news influenced sentiment amid a cautious market.
MENTIONED IN THIS ARTICLE
Commerce Court
Wall Street
Bulls
Bears
Reading
Lehign Valley
Marconi
General Electric
Georgia Railway and Power names registrar and stock certificates
The American Trust Company was appointed registrar for first preferred stock and voting trust certificates of Georgia Railway and Power Company. Mohawk earnings per share rise with copper price, with each 1 cent per pound increase adding 1.30 to per share earnings. Arizona Commercial stock certificates will not be increased until foreclosure legalities are completed. Horace J. Stevens editor of The Copper Hand book dies, shocking Boston mining circles.
MENTIONED IN THIS ARTICLE
American Trust Company
Georgia Railway & Power Company
Arizona Commercial
Horace J. Stevens
Copper Handbook
E. H. Rollins & Sons
Local Market Gains Spark Broad Copper and Zinc Rises
The market opened with fractional advances in copper, then extended gains across most issues. Indiana led with strong diamond drill and shaft operation results, lifting to 221 4. Mayflower No 8 drill near ore body spurred more buying, Old Colony remained strong, Butte & Superior and American Zinc showed notable net rises, closing with a broad upturn in prices.
MENTIONED IN THIS ARTICLE
Indiana
Old Colony
Butte & Superior
Adirondack Electric Power Corporation Emerges as Full System
Adirondack Electric Power Corporation, led by Stone & Webster experts, assumes Hudson River Water Power Co and seven affiliates after bonding debt recast from about 11.09 million. It issues 2.5 million preferred and 9.5 million common shares, held in a five year voting trust. First mortgage bonds of 5 million offered by N. W. Harris & Co and Perry Coffin & Burr at 100 plus interest. Modern hydro plants totaling 31,000 horsepower, plus steam plants, lift capacity to 41,800 hp. Largest waterpower at Spiers Falls on the Hudson supplies about 22,000 hp.
MENTIONED IN THIS ARTICLE
Adirondack Electric Power Corporation
Stone & Webster
Hudson River Water Power Co
Adirondack Corporation
N. W. Harris & Co
Perry, Coffin & Burr
Spiers Falls
Hudson
Adirondack Corporation Earnings and Assets Highlighted
Stone & Webster note Adirondack properties include 275 miles of high tension lines on private right of way two gas plants including Saratoga with 520 000 feet daily capacity and undeveloped waterpower sites. They report net earnings of 415 428 and gross income of 897 161 for the year ending December 31, with a 50 000 annual earning capacity rise evident over recent years.
MENTIONED IN THIS ARTICLE
Saratoga
Stone & Webster
Adirondack Corporation
Stock ledger fragment from 1914 listings
The item lists listed and unlisted stocks with totals of 19,2147 shares, bonds at $56,500, and 3 rights totaling 5711. It references specific entries such as Arcadian 120 and Bay Consol 1914 with percentages and share counts, indicating a partial market summary.
MENTIONED IN THIS ARTICLE
New Arcadian
North Lake
Pond Ork
Bay Consol
Sup & Bos
Boston Curb Market See Page 17 for Other Financial
Financial briefs note the Boston curb market and related trading activity with a pointer to page 17 for further details and other financial items.
MENTIONED IN THIS ARTICLE
Boston
Dividend Declared by Utah Consolidated Mining Co
The Utah Consolidated Mining Company declares a fifty cent per share dividend at the April meeting. Payment is due May 6, 1912 to stockholders of record April 24, 1912. Transfer books close April 24 at 8 pm and reopen May 1 at 9 am.
MENTIONED IN THIS ARTICLE
Utah Consolidated Mining CO
Broadway
New York
Utah Consolidated Mining Company of
New Jersey
H. Melin
East Boston Company Annual Meeting Notice
The East Boston Company will hold its annual stockholders meeting at Room 29 State Street Boston on Monday May 6 1912 at 12 M Directors will be elected and other business may be transacted The transfer books close at 2 p m April 15 1912 and reopen the day following dissolution of the meeting Joseph Weeks Clerk Boston Mass April 15 1912.
MENTIONED IN THIS ARTICLE
East Boston Company
State Street
Boston
Joseph Weeks
Oston
Mass
Also Mentioned on This Page
the New England Trust Company
the Public Service Commission
State of
Messrs. Stone & Webster
Hudson River Water Power Company
New York State
Amsterdam
Glens Falls
Watervliet
Saratoga Springs
Canastota
Oneida
Ballston Spa
Cohoes
Albany
Troy
Utica
Waterford
Lansingburg
Mechanicville
Stillwater
Federal St
International Mercantile Marine
Titanic
Shipping Trust
New York Stock Exchange
International Navigation Company
White Star Line
Red Star Line
Atlantic Transport Line
Leyland Line
Dominion Line
W National Line
Montreal
Quebec
New Orleans
Galveston
North American
Europe
Mediterranean
West Indies
Mexico
Cape Town
New Zealand
Australia
London
Liverpool
Cunard
Mercantile Marine
P.C
American English Standard Standard Plant
Mexican Petroleum Co.,Ltd
Miller & Company
Congress
Boston Telephone Main
Seattle Electric Company
Sheo
Chicago
Sears, Roebuck
Am. Tobacco
St. Mary’s Land
Vermont & Mass
William E. Soule
Sterling Russeweiler Deers Karate Ais
Reichsmarks
Ener
Seer Reer
Aera
Boston Clearings
Denver
San Francisco
Massachusetts
Turner, Tucker
Milk Street
Buffalo
Ellicott Square
News
Acme Consol
Nevada
Bohemia
Boston Ely
Wear
Butte Central
Corre
Arizona
Cortez
Crown Reserve
Als
Davis Daly
Eagle & Bluebell
Hollinger
West IT & T
Laramie
OU Rutland Seer
Douglas
Union Paeeeeeer
Vt & Mass Coeee
Utah
West End
Ohio
Allouez
Raven
Weeene Aon
Arnold See
Eeweeee
Ene Cal & Arizona
Cal & Heela
United Verders
Franklin Sete
Michigan
North Nipissing Butte
Old Dominion
Osceola
Quincey
Santa Fe
St Mary's
Shannon
Wolverine
New England
IAG
Amoskeag
Pom St & Coal
Faison Elec
Igi
Pullman
Reece
Swift
Torrington
Union Land
United Vruit
United
S Steel
Algomah
Batopilas
Batopilas Ereee
Boston Corbin
Ballak
Butte
Butte & Kup
Giroux
Hancock
Helvetia
Isle Royale
Island Creek
Kerr Lake
Keweenaw
Lake Cormeee
Eerste
Wireless
United Wireless
B. Kk
Shepard
Washington St
Frank J. Souther & CO
State ST
J. Thomas Reinhardt
Ross A. Coram & CO. Stock Brokers
Kilby St
United 5
James Shay & CO