Long-Time Dividend Payers in Railroads
An editor explains stable dividends among railroads as earnings fall and costs rise. Boston & Maine shows the longest unbroken record since 1842 with 6 percent yielding 5.25 percent now. Pennsylvania Railroad, New York Central, Illinois Central, Delaware & Hudson, and others follow with historic dividend patterns and current yields. The article notes high past rates, recent reductions expected, and predicts continued investor interest amid expansion pressures in the South.
MENTIONED IN THIS ARTICLE
Boston & Maine
Pennsylvania Railroad
Pennsylvania
New York, Newaven & Hartford Railroad Company
Wall Street
Tlinois Central
Delaware & Hudson
New York Central
Chicago & Northwestern
Louisville & Nashville
South
Louisville & Washville
Prices Exhibit Pronounced Strength in Early NY Boston Markets
Total sales New York 270 500 shares Boston 22 065 shares Most active issue in New York Steel common 80 600 shares Most active issue in Boston Amalgamated 3 685 shares Total sales Jan 1 1911 to date New York 31 501 100 shares Boston 1 848 090 shares Corresponding period last year New York 64 184 900 shares Boston 5 250 313 shares Greatest gain in New York list S Porto Rico Sugar 2 to 92 Greatest loss in New York list Soo pref 6 1 2 to 150 Greatest gain in Boston list Eastern U S 3 to 85 Greatest loss in Boston list Allouez Mining 2 to 30 Call money New York 2 1 4 per cent Boston 2 1 2 to 3 per cent Time money New York 2 1 2 to 4 per cent Boston 3 to 4 1 4 per cent
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Amalgamated
S. Porto Rico Sugar
Soo” Pref
U. S
Allouez Mining
Time Money
Act & SF
Bklyn RT
Beth Steel
Can Pacific
Coms Ae
Cen Leather
Ohio
CM &Sp
Comstock TC
Erie
At&s
Ch & W M
Kcfes&m
West T & T
Town Central
Bos Elev
Louis Nash Oo
Bos & Maine
Ita
Lehigh Valley
Mackay
Miami
NY & NH
Union Pacific
West End
Nevada
Io Allouez
NH & H
Arizona Comeure
Nor & West
Butte Coalition
Cal & Arizona
Pacific T & T
Franklin
Michigan
Sears Roebuck
South Pacific
Tamarack Nee
South Ry
Boston Sub-Treasury Credit We
Trinity
U S
Porto R
New York Sub-Treasury
Utah Consol
Texas Pacific
Victoria
Nee ‘& x
The
Texas Co
Winona Senor
Wyandot
Underwood
Bankers
Sterling
Tel
Enna Nee
Maryland
Bos & W. el
Bos & W. el Pref
Wis Central Eeee
Er Ee
Wastern SS
Seere Ee
Edison Elec
Market Opens With heaviness Then Turns Bullish On Key Stocks
Opening trading showed a heavy tone as Southern Pacific land case news dampened sentiment and Harriman stocks bore the brunt. In the second hour professionals shifted to buy, pushing Steel common Amalgamated Reading and Union higher while shorts covered. Copper sales and favorable crop notes aided the rally, and Atchison March figures revealed a modest earnings gain. Chesapeake & Ohio and Virginia Carolina Chemical led late strength. the session ended on a strong note.
MENTIONED IN THIS ARTICLE
Southern Pacific
Oregon Land
Harriman
Steel Common
Amalgamated
Reading and
Union
Atchison
Chesapeake & Ohio
Virginia-Carolina Chemical
Local curb market features led by Amalgamated Nevada
Trading on the Boston curb market showed Amalgamated Nevada, Nevada Utah and United Verde Extension as leaders amid small moves. Nevada Utah fell from 69 to 59 cents after Pioche merger plans were scrapped, while Amalgamated Nevada held around its price as buying pressure persisted.
MENTIONED IN THIS ARTICLE
Amalgamated
Nevada
Utah
United Verde Extension
Pioche
Copper Leads New York Stocks Higher Amid Strong Market Tone
Markets opened buoyant as United Metals Selling Company expanded copper purchases and buyers toured New York. European demand and rising copper shares fueled optimism with Amalgamated, Arizona Commercial, Copper Range, Lake Mining, and North Butte posting gains while Steel, Telephone, and New Haven showed resilience. United Fruit fell a full point as the day closed with a strong tone.
MENTIONED IN THIS ARTICLE
United Metals Selling Company
Aegin
New York
Arizona Commercial
Lake Mining
North Butte
Telephone
New Haven
United Fruit
Stock and Bond Market Summary From Boston Market
The Boston Market reports bond prices and stock movements for April 25 with total sales and changes from the prior close. The bond section lists yields and prices reflecting market activity across issuers.
MENTIONED IN THIS ARTICLE
Boston
Proce merger off as Godbe interests block deadline
Fred R. Woolley issues a statement declaring the Proce merger off for now. Godbe interests restricted the timeline and demanded a Utah stock and bond deposit, while Nevada Utah interests pushed for a New York depository. The Raven drifts at 200 foot level with no commercial ore found, and development continues quietly. Thompson Towle & Co. say oil fuel could cut Nevada Consolidated costs by about 200 000 annually when fully equipped, boosting per share profits. George H. Ross resigns as vice president of the Chicago and Alton. Frank W. Morse to replace him. Frank L. Whitcomb and T. N. Perkins join Isle Royale Company board.
MENTIONED IN THIS ARTICLE
Fred R. Woolley
Proce
Godbe
Utah
Nevada
New York
Bond Market Notes Show Large Railway and Corporate Deals
Amesbury awarding $12,000 4 percent bonds to Estabrook & Co at 101.63. J P Morgan & Co buys $10 million of Louisville & Nashville bonds secured by first mortgage on the Atlanta division. Seaboard Airline 4 percent refunding bonds sell out, with about $10 million sought abroad. Morgan to deliver definite notes for 4.5 percent New York Central notes. Guaranty Trust to buy $2 million Stephenville North & South Texas 6 percent bonds. GE debentures totaling $12.875 million may swap for stock after June 1. Lawrence bids due April 27 for a $100,000 temporary loan.
MENTIONED IN THIS ARTICLE
Gulf Pref
Aig
Boston Corbin
Butte Ballak
Inspiration Ee
Island Creek
Isle Royale
Kerr Lake
Keweenaw
Lake Copper
Amesbury
Mass
Estabrook & Co
J. P. Morgan & Co
Louisville & Nashville Railroad Company
First Mortgage
Atlanta, Birmingham & Cincinnati
Louisville & Nashville System
New York Central
The
Guaranty Trust Company of
New York
Stephenville, North & South Texas Railway Company
St. Louis & Southwestern Railway Company
General Electric Company
Second National Bank Moves to New Minot Building
The Second National Bank, successor to the Granite Bank, leases the first and second floors and part of the basement in a new Minot building beside Kidder Peabody & Co. The Granite Bank originated in 1834 at Commercial Wharf then moved to State Street near Kilby and later to Merchants’ Row. In 1864 the bank renamed to Second National Bank as its station shifted from State to National.
MENTIONED IN THIS ARTICLE
Second National Bank
Sears
Minot
Devonshire Street
Kidder, Peabody & Co
Granite Bank
State Bank
Commercial Wharf
State Street
Kilby
Exchange
Merchants’ Row
Moses Williams
E. State
Onal Bank
Ward Pitches No Hit Game
Brockton defeats Haverhill 1 to 0 as Ward shuts out the home team over eight innings and preserves the no hit effort. Stankard scores the sole run in the ninth on an error and a late single by Smith. Boardman walks, Hagan sacrifices, Pfeffer steals, and Wheeler starts a double play to end Brockton’s threat. Time 55m. Umpire Maxwell.
MENTIONED IN THIS ARTICLE
Haverhill
Brockton
Ward
Stankard
Boardman
Smith
Finneran
Hagan
Pfeffer
Wheeler
Aubrey
Melntire
MecLane
MelIntire
Maxwell
New Bedford Defeats Lynn 7-5 in Late-Game Slugfest
New Bedford beat Lynn 7 to 5 at home despite trailing, led by Garry Wilson who went 3 for 4 with a three-base hit. McRobbie pitched nine innings, yielding five runs as Lynn's bats struggled.
MENTIONED IN THIS ARTICLE
New Bedford
Lynn
New Bedfords
Garry Wilson
Lowell Beats Worcester 7 4 In Baseball Action
Lowell outscored Worcester 7 to 4 as Hale worked four innings and Ford five. Key moments included Russell and Haas with home runs for Worcester, and Crum Wolfgang with two bases, while Magee and Russell added three base hits for Lowell. Errors favored Lowell with three by them and two by Worcester.
MENTIONED IN THIS ARTICLE
Hale
Ford
Worcester
Barrows
Cooney
Magee
Marsh
Boukes
Huston
Russell
Haas
O'Donnell
Crum
Wolfgang
Flaharty
Rowe
Bunting
Lowell
Moulton
O’neil
J. Wolfgang
Stafford
A.B. Moulton
Fall River Beats Lawrence 12 to 2 in Home Opener
Fall River defeated Lawrence 12 to 2 at home as Conklin pitched superbly aside from a seventh inning. Two homers sparked the win with Devine hitting a grand slam with two on and Briggs homering for the visitors.
MENTIONED IN THIS ARTICLE
Fall River
Lawrence
Conklin
Devine
Briggs
Fact
River
Belp
Belpo
Is Topham
Catterson
Weaver
Carlstran
Walsh
Kennedy
Crisham
Tick Hickman
Phoeniz
Nestor
O’rourka
Albin
Iscoiuk
Haight
Braymaier
Howard
Fall River Orice
Hickman
Carlstrom
Topham
Phoenix Carlstrom
O'Rourke
Irall River
Award
Strackward
Harvard Freshmen Training Table At Holyoke Street
Harvard freshmen opened training at Holyoke street with eight players listed E K Carver W W A Cleary C H Crombie M T Gardiner Morgan Reynolds F H Trumbull and coach A Beane. The squad will grow as the season develops according to promising prospects.
MENTIONED IN THIS ARTICLE
Harvard Freshies
Harvard
Holyoke Street
E. K. Carver
W.W. A. Cleary
C. H. Crombie
M. T. Gardiner
Te Eea Morgan, Jr
A Reynolds
F. H. Trumbull
A. Beane
Harvard 1914 Freshmen vs Brookline High on Soldiers Field
Harvard freshmen baseball opens season this afternoon on Soldiers Field against Brookline High School. Weather has hindered Crimson practice leaving them an unknown quantity early in the schedule.
MENTIONED IN THIS ARTICLE
Harvard
Brookline High
Soldiers Field
Brookline High School
Crimson
Connecticut League Forbids Hoey From Play Rights
President William J. Tracy of the Connecticut league telegraphed Waterbury manager Carl Pace at Springfield not to play right fielder Hoey. Hoey faces forfeiture penalties for any game in which he participates against the league’s order.
MENTIONED IN THIS ARTICLE
Bristol
Dividends Declared By Several New England Firms
Butte Coalition Mining Co declares quarterly dividend of 25 cents with record date May 16 and payment June 1. Champion Copper Co pays a $1 dividend. Manomet Mills declares quarterly 2 percent with record date April 25 and payment May 2. Nonquitt Spinning Co. declares quarterly 11 percent with record date April 26 and payment May 2.
MENTIONED IN THIS ARTICLE
Butte Coalition Mining Co
Champion Copper Co
Manomet Mills
Nonquitt Spinning Co
Stocks For Sale And Advertising Signs Listed
Stocks offered include 100 American Telegraph Typewriters 100 Autopress Preferred 2000 United Colorado Mines 500 Mexican Metals pooled by James Shay and Co Boston 60 State St. Also available signage services by BEXPERT office building letterers FOSR BIGN CO Oxford telephone.
MENTIONED IN THIS ARTICLE
Telegraph Typewriter
Autopress
United Colorado Mines
James Shay & Co
State St
Boston
Bexpert
Fosr Bign CO
Tel
Oxford
Also Mentioned on This Page
Chicago
Ivestment Securities
Baring Brothers & Co., Ltd
London
Massachusetts Lighting Co
Oxford Linen Series
A&c
Portland
Elec. Co
Bobbin & Shuttie
Union Twist Prill
Regal Shoe
Santa Fe
N. M. County
WN. E. Brick Yards
Baltimore
Burlington Ry. & Lt. S
Hudson River Eloc. Pwr. S
Great Northern Pwr
Interstate Telephone
N. J
Council Bluffs
War. Co
Central Colorado Power
Des Moines
Flown
Falls & North
Wilkesbarre & Hazleton
Hudson River Water Power
Yankee Fuel
St. Louis
Rocky Mt. S
Cities Service
Walpole Rubber
Lawrence Gas Co
Farr Alpaca Draper Miz
Pearson’s Magazine
Telepost
Boston Securities
American Investment Sec
Standard Computing Scale Co
Auto Press
Arlington Mills
Nashawenn Millis W. KL
Douglas Shoe Co
Connecticut River Power
U. S. Worsted
United Electric Light Co
Springfield
Acme White Lead
California
Idaho-Oregon
Buffalo & Lake Erie Tract
Telephone Main
Dend Payer
Baltimore & Ohio
Lackawanna
Delaware, Lackawanna & Western
Ghandler Bros. & Go
Milk St
New York Stock Exchange
Philadelphia Stock Exchange
Chicago Stock Exchange
New York Cotton Exchange
Chicago Goard of
Colt« Arms
Oxford Limen Mitx
E Water Co
Yron Lighting
Columbiana National Life
Hudson Hiver Electric
Hurley
Wis
Water Co
S. Bobbin & Shuttle
York Haven Water & Power Tm
Rran
Great Norittgre Railway
Can
Financeda
New Hampshire
Mason & Co
William E. Soule
Igil
High Point
Low Point
Ahmeek
Bay State
Boston Ely
Calaveras Caves
Cal & Corbin
Arizona
Cortez
Crown Reserve
Dobie
Domin Syndicate
Eagle & Blue Bell
East Dume
Ely Consol
First National
Goldfield
Hollinger Ee
Cuolumne If
United Verde
NEW York Bonds
Ghandler Bros. & GR
Adams Express Co
Ann Arbor
Ealt & Ohio
Bethlehem Steel
Ches & Ohio
Chie & al Ist
Ch & G West
M&s P
H & NW
Ri & P
Col & Son
W & DC
Hock Valley
Int & Gt Nor
Kan City
Lake Shore
Eee
E. Eevee
Louis & Nash
Nassau
Ygelh & P
Eceseccs Ao
San An & Ar
Seaboard Air Line
Li So Pac Cen Pace
Tri City & Light
Union Pat
Wheeling & Lake Erle
West Mdcony
Western Union
Westinghie Fl & Mfg Cr
Wheel & L
Wiscon Cent
Japan
NY City
Setae Eae
Enw Enveee
Salt Lake
Charles A. Stoneham & Co
Beck Tunnel
Carisa
Colorado
Wren
Columbus Consol
Grand Central
Lower Mammoth
Little Bell
Prince Consolee Verens
Silver King Coalition
Sioux Consolidated Ee
Uncle Sam
Yankee Consolidated
Sats Sn
George H. Ross
Chicago & Alton
Frank W. Morse
Frank L. Whitcomb
T. N. Perkins
Isle Royale Company
Seaboard
Amsterdam
Chicago Subway
Cobalt Central
I Ely
Giroux
Greene
la Rose
McKinley Dar Ool
Amer
Ray Central
Yukon
M&y
Park
Eval S.of Lord
Ieee
Field & Fay
State &J
Hollinger
Moneta
Reston East Dome
Porcupine
Pearl Lake
Tisdale
United Porcupine
West Dome
Porcupine Central
Voley O'Brien
New England
Progkton
Haverdilt
VPO
Henrik
Haugan
Con
Lonergan
Pfetter
Wadleigh
Whee Ve Ae
Ward P
Ened Oomvy
McRobbie
Cargo
Nealon
Wallace
Daum
Scott
Daignault
Rising
McCrone
Wilson
Sweatt
Marapville
Swarmstedt
New Bedford Lynn
Po.a
Baumell
Fk Daign
Maranze
Callahan
McGovern
Logan
McCre
Bes
Scott Fae
Pruitt Seer
Sworms