Henry Hornblower Elected Bank Director in Place of Weeks
Henry Hornblower was elected a director of the First National Bank to fill the vacancy caused by John W Weeks resignation. The Charlestown Trust Company directors voted to pay dividends quarterly instead of semiannually, with the first payment on May 1 to stock of record April 20, at 112 percent. The International Cotton Mills financing plan calls for 4 million five year six percent notes, 3 million cumulative seven percent notes, 8 million common stock, and 1 million cumulative seven percent preferred stock, plus 600 thousand as the seaboard of securities. Atlantic Gulf West Indies Steamship Lines stockholders vote to reduce par value of four subsidiaries from 100 to 50, cutting aggregate capital from 56 million to 28 million. American Type Founders stockholders increase preferred stock to 3 million, total common and preferred authorized at 7 million.
MENTIONED IN THIS ARTICLE
Henry Hornblower
First National Bank
John W. Weeks
Charlestown Trust Company
International Cotton Mills
J. Spencer Turner
International Corpora
Atlantic, Gulf & West Indies Steamship Lines
Clyde
Mallory, Ward
Porto Rico
American Type Founders Company
Dividends Declared by Various Companies This Quarter
United Wire and Supply declares 13.4 percent quarterly dividend payable May 1 to stockholders of record April 22. Montreal Light Heat and Power posts 2.25 percent quarterly payable May 15 to holders of record. Columbus Gas and Fuel reports 1.25 percent quarterly. Norfolk and Western declares 11.5 percent on common payable June 19 to stockholders of record May 31. Cape Breton Electric semiannual 3 dollars on preferred and common, payable May 1 to record April 25. Pressed Steel Car Company posts 1.34 percent quarterly on preferred, payable May 41 to stockholders of record April 30.
MENTIONED IN THIS ARTICLE
United Wire and Supply Company
Montreal Light, Heat & Power Co
Payabe
Columbus Gas & Fuel Co
Norfolk & Western
Cape Breton Electric Co., Ltd
Pressed Steel Car Company
BE Us Hata Eass
Tosey Este
Wea Tstves
Etn Eee
Ae Oateseeee
High Point
Atteneeneneee
Low Point
Public Service Investment declares preferred dividend in Boston
Public Service Investment Company of Boston Massachusetts declares a quarterly preferred dividend of 1.60 per share to stockholders of record at the close of business April 15 10138. Stone & Webster transfer agents announce the payment date.
MENTIONED IN THIS ARTICLE
Public Service Investment Company
Boston
Massachusetts
Stone & Webster
Amalgamated Copper declares 114 percent dividend
At a directors meeting of Amalgamated Copper Company a dividend of one and cent (114%) was declared payable in 1918 to stockholders of record on April 18 and at 6 o'clock. Secretary MERE signs the notice from 42 Broadway.
MENTIONED IN THIS ARTICLE
Amalgamated Copper Company
Broadway
Mere
Prices Decline on Light Trading in Yesterday's Markets
Total sales New York 152200 shares Boston 14381 shares. Reading leads New York with 34800 shares and New Haven R A leads Boston with 2139 gains. Year to date New York 28459200 shares Boston 2006661. last year 44737900 and 4595839. Major uptick Corn Products pref 6714, down General Motors pref 74. Call money New York 2 3 4 to 3 pct Boston 4 to 41 2 pct. Time money New York 4 3 4 to 6 pct Boston 5 to 6 pct.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
New Haven R. A
Corn Products
General Motors
Calumet & Hecla
Wolverine Mining
Market Hesitation in Narrow New York Trading
The New York market shows a hesitant tone with few stocks moving more than a point from yesterday's close. Traders avoided bold bets as short interest looms, European buying wanes, and tariff bill outcomes remain uncertain.
MENTIONED IN THIS ARTICLE
New York
Wall Street
California
New Haven
Canadian Pacific
United States
Boston Market Tumbles as Prices Decline Across Stocks
The Local Market reports a broad price slide in Boston with New Haven at 1093-4 and several majors hitting new lows. Granby shows relative strength finishing 65 from 63, closing 64 1/2 as overall tone remains weak amid shaken investor confidence.
MENTIONED IN THIS ARTICLE
Boston
New Haven
Boston & Maine
Utah Consolidated
Wolverine
Bond Market Notes Improve Tone in Early Session
The New York bond market shows a modest improvement with notable activity in Baltimore and Ohio convertibles, St. Paul general 448, Brooklyn Rapid Transit 4s, Wabash 4s, and Wabash Pittsburg Terminal firsts.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
St. Paul General
Brooklyn Rapid Transit
Wabash
Wabash- Pittsburg
Boston curb brokers close with mixed metal shares
A brisk session saw Utah Metals rebound to 1 dollar from 8 cents, Lion Hill rise to 71 cents, Nevada Wougins climb to 15-8, Bay State Gas steady near 17 to 18 cents, Butte London up to 25 cents, Ohio Copper easing to 97 cents, and Butte Central and Mexican Metals holding at 28-5 and 14-38 respectively amid fluctuations.
MENTIONED IN THIS ARTICLE
Utah Metals
Mexican Metals
Butte Central
Bay State Gas
Nevada Douglas
Butte &London
Ohio Copper
Lion Hill
Nevada
Mexican
Bohemia
Bingham Mines
Butte & London
Calaveras
Crown Reserve
Davis Daly Wate
First National
Goldfield
McKinley Dar'h
Ag Ono
Market Stagnation and New York Central Debt Plans
Yesterday the market was dull with about 150000 shares traded and minor price rolls. New York Central faces near term debt of 50000000 due within 12 months, considering a long term mortgage bond to back a consolidated subsidiary structure and a potential issue drawing on convertibles less favored as stocks sit near par.
Misouri Kansas & Texas Pays High Rate for Money
The Missouri Kansas and Texas railway issued $19,000,000 of 5 percent two year notes costing the road over 7 percent after bankers discount. Fixed charges consumed 99.77 percent of income in the 1912 fiscal year, with only a slim cushion for the 4 percent preferred dividend despite a large February surplus. Baltimore & Ohio also reported a March loss in gross and net earnings, threatening eight months of prior gains.
MENTIONED IN THIS ARTICLE
The
Missouri, Kansas & Texas Railway
Baltimore & Ohio
Money Markets Show Steady Rates Across Time Money
Rates for 60 days stood at 4 to 4 1 4 percent with most periods near 4 1 4 to 4 1 2 percent. Ninety day funds were 4 to 4 1 3 percent while commercial paper traded 6 1 2 to 6 percent for top names. Call money ranged 2 3 4 to 3 percent, with the market buoyant amid strong commercial paper activity.
MENTIONED IN THIS ARTICLE
Call
Miomey
Cs Essce Egesnereres
Comercial
New York
Bar Gilvers
Serrers
Ehsakgebe Suine
Protection is Urged in Memorial Resolution Reported
In the Senate yesterday the committee on federal relations reported a memorial urging action on proposed tariff changes and reciprocity, based on Governor Foss's message.
MENTIONED IN THIS ARTICLE
Senate
Committee On Federal Relations
Foss
Massachusetts Tariff Memorial Urges Protective Principles
The Massachusetts Legislature submits a memorial to Congress urging tariff revision based on protection. It urges a tariff commission, maximum and minimum duties, free entrance for raw materials, and genuine reciprocity tied to concessions, with hearings requested for New England mills and textile interests.
MENTIONED IN THIS ARTICLE
Senate
House
Congress of the United States
Massachusetts
Hiereby
Eugene N. Foss
Congress of the
United States
Legislature
Congress
Commonwealth
United States Senate
New England
Cotton Men Protest At National Association Convention
Members of the National Association of Cotton Manufacturers opened their Huntington Hall convention and drafted resolutions protesting cotton tariff rates to be sent to Congress.
MENTIONED IN THIS ARTICLE
National Association of Manufacturers
National Association of Cotton Manufacturers
Huntington Hall
Congress
Cotton Manufacturers Protest Tariff Plan in New Underwood Bill
A North American cotton industry association denounces proposed tariff changes as harming cotton manufacture and labor. The resolutions urge protection through specific duties, oppose ad valorem rates, demand rate adjustments tied to import levels, and call for congressional modifications aligning with party platform.
Commodities and Atlantic shipping news at Boston docks
Dozens of vessels were tied up at the dock with high prices for fresh ground fish. Haddock and cod prices are listed, with tables of fares per vessel. ships arriving include the Allan Haner from Glasgow and Moville and the Norwegian steamer Ella with 14,000 bags of sugar. The revenue cutter Gresham arrived for repairs, while the Bucknall liner Karema fire was extinguished.
MENTIONED IN THIS ARTICLE
T Wharf
Haddock
Pollock
Jessie Costa
Mary
Santos
Eleanora de Costa
Rose Dorothea
Natalie J. Nelson
Edith Silveira
Ethel B. Penny
Rita A. Viator
Dixie
Fitz A. Oakes
Richard Nunan
Adeline
Mauphassett
Laura
Glasgow
Moville
Halifax
N. S
Governor Cobb
Eastern Steamship Corporation
Key West
St. John
N.B
Ella
Cardenas
South Boston
Motor
Pennington
Span
Gresham
Samuel B. Winram
Baltimore
New Haven
Itasca
Massachusetts
Vineyard Sound
Wilram
Provincetown
Bucknall
Custom House
McGoldrick
Tug
International
Philadelphia
Gloucester
Gloucester Harbor
Wyoming
McLeod
Norfolk
Virginia
Shipping News April 24 Mini Almanac Highlights Tides and Arrivals
Sun rise and length of day noted with tide times. The column lists arriving ships including Revenue cutter Gresham and steamers Katahdin Macbeth Jacksonville through multiple ports. It also records sailings of Joseph J. Cuneo Baracoa M Herman Winter Newton Mills and more with barges and tugs in tow and vessels bound for Gloucester Portland Marblehead Lynn Newburyport and Philadelphia.
MENTIONED IN THIS ARTICLE
Gresham
Wilram
Baltimore
Provincetown
Katahdin
Macbeth
Jacksonville
Charleston
Rockport
Reliance
Merriam
Newburyport
Eureka
Plummer
Hercules
Carlson
Ipswich
Lexington
Nickerson
Philadelphia
Cobb
Allan
Key West
H. M. Whitney
Colberth
New York
Dingley
Linscott
Portland
City of
Gloucester
Godfrey
Charles T. Gallagher
Pierce
Pallas
Ford
Beverly
Neptune
International
McGoldrick
Pickering
Buck Ridge
Phoenix
Lynn
Menry Clay
Marblehead
Preston
Edwin L. Pillsbury
Swimm
Cheektowaga
Packer
Perth Amboy
N. J
P. O’riorden
Freeman
Teaser
Law
Charles F. Pritchard
Powel
Honey Brook
Tingle
Port Johnson
Paoli
Oliver
Devon
Augusta
Shamokin
Mary F. Scully
Gegg
Norfolk
Scully
Felix
Confidence
Kemp
Plymouth
Ellen Little
Rawding
Sabine
Texas
Wyoming
McLeod
Brooks
Wade
Newport News
Joseph J. Cuneo
Baracoa
Carib
Herman Winter
Newton
M. H. Harper
Iberts Point
Malden
Mills
Nottingham
Windermere
Pallas and Neptune
Coastwise
Leader
J. H. Winstead
John T. Donohue
Bath
H. A. Mathes
Salem
Bayonne
S. C. Go
Conestoga
Manheim
Rutherford
St. Nicholas
Parkers Flats
Haverford
Radnor
Wyonise
Boothbay Harbor
Stonington
Vinalhaven
Henry Clay
Robert HH
McGurdy
Arroyo
P. R
Also Mentioned on This Page
Halsey & Co., Inc
Congress Street
Chicago
Vpenseeee
Peeteeeere
Wieseer
Ibs
Eeeseee
N.Y
St. Louis
Toledo
Liverpool
Metal Markets
Lake
Cookson
Amoskeag
Utah
New York Market
Lee
At&s
Balto
Batopilas
Beth Steel Pf
Ins Og Corp
Ohio
Col South
Goodrich
Lehigh
Liggett & Mey
Lorilland Co Sane
Mackay Pf
Mer Marine
Mex Pet Co Lt. Cere
Miami Copper
Pitts Coal Pa
Rock Island
Rumeley Co
St Louiu Fr
South Pacific
South Ry
Engieer Co
BOO U
U & Realty
Marylan
Alaska
Cone
OWN J
West Pacific
Boston Stocks
Stock Exchange
At&t
KCF
N&m Hs
Ais
Algomah
Midland Ms
Tel & Tel
Col” & So
Pacific
del & Hud
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Joss
Boston & Corbin
Bos & Matne
Penn
Bos
Bos & Wor
den Serpe
Butte Ballak Bom
OTS Butte & Sup
Pont de Ne
Cal & Astecen
Cal & Hecla
Paar E. Peo
Centennial m O
C&m
Erie
Edison
Fitchburg
Rio G West
Franklin
Giroux General
Granby
Eit Erie
T&t
Lake Copper
Maine
Gar & Nor
Miami
Armour & Co
Isling
So Pacific Tle
Nipissing
Atés Peni Lot Gesen
North Butte
Ata Sents
Indiana Steel
Southern Ry
North Lake
Maehe
Tex el Pf
S.serse
Tatho-Met
Old Colony Ojibway
Old Dominion
Repeee Hg
Osceola Sereeee &S
Penn RR
Rts
Crk
Coal Ae
Tol St L & Ou
RT Gold
St Y
Pullman Co
Iba
Tesee
Balt & O Pitts
Tri City
Consol
Shannon
Union Pac Ta
Swift & Costeer
Belt & O Swn
As ‘Tamarack
Viaige
Torrington
Beth Steel Ist
Iowa
United Fruit
United Shoe
Beth Steel Mg Kwad Mich
Unip U S
Biya Rap T KG
Sa Mas Us Steel St
Bklyn Rap T
Apex Do
Kan City
Ter
Gar Chipetee West End
Ye Ashe
Winona
Bits &S
Iron C & ci Seebeae
Waverine
Beapbe
Wyandot
U Gas
Lede Gas of
St Louis
Buff R&p
Laclede Reves Cal
Goa & Elec
Canada
Bocon
Coba
B&q
Ee & Power Pm
Nynh&h
Mil & Bt P
Weatern
Elec
Mil&sip
Selena
Eve
Ondack E
Power Co
aAm Investment Sec's Co
American Linen
Arlington Mills
American Screw Co
Apsley Rubber Co
Babcock & Wilcox
Bigelow Carpet
Borden's Milk
Boston Belting Co
Charlestown Gas & BE
Detroit Edison
Douglas Shoe
Draper
First Nat. Bank
Nbypt
Farr Alpaca
Fitch & Leominster St. Ry
Great Falls Mfg
Nashawena Milla
Niles
Onwego
Syracuse
Otis Elevator
Pacific Milla
Marquette
Pope Mfg
Seeee Ewereenene
Regal” Shoe
S.eeeees
Stafford Mills
Mneiuetes
Gypsum
Utica, Chenango & Susy
Vee Watch
Eeewe
Wamsetta’ Mills
Washburn Wire
Atlanta
Birm, & At
Buffalo & Susquehanna
Burlington, Vt
Eastern Steamship
Indiana, Col. & East
Pere Marquette
Roch., Sy. & E
Swift’ & Co
State Street
American Tobacco
General Motors Preferred
New York Central
Atchison
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Money Markets
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Asik
Swift & Co
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House of Representatives
Neva
Bear River
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Shipping News
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London
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Camden
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Castine
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River
Mt. Desert
Night Lins
Eastport
Lubec
India Wharf
S. S. Belfast
Conetral Wharf
S. S. Bay State
Gov. Dingley
S. 9
Cale
Austin
Ashington Street
White Star Line
Winifredian
Bohemian
State al
Colonial Line Icc
U. S. Halifax
Nova Scotia
Prince Edward Island
Newfoundland
Washington St
I. W
H. Baves
New
Eng
the Post
A. Wi
Empress Mfg. Co
Lagrange St
Miéass
P. m
Michael J. Barry
Nootion
Archie McIsauc
Columbia Loan Co
American Garage & Auto Co
Chardon St
Daniel My Neil
Raith St
Everett
Albee's
Hanover