Markets Display Uncertain Tone Across Exchanges
Total sales in New York reached 614 200 shares and Boston 69 728 shares. The most active New York issue was Steel common with 92 500 shares, and North Butte led Boston with 18 172 shares. American Express rose 7 to 215, Reading 2d preferred fell to 89, while North Butte rose to 564 in Boston and Osceola slipped to 124. Call and time money traded around 2 to 4 percent across both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
North Butte
American Express
Reading 2d
Osceola
Market Opens Irregularly as Bear Move Persists Amid Corporate News
State Street April 27 report notes a weak close and renewed selling across leaders and midgrades. Reading stock falls shocked traders while Steel and Union Pacific show earnings strength. Carnegie Steel raises bar and plate prices. General Electric earnings miss dividend by narrow margin. market ends with a light rally but overall weak tone and nervous trading.
MENTIONED IN THIS ARTICLE
State Street
Brooklyn Rapid Transit
Albany
Senate
Wagner
Coney Island
Wabash
Rock Island
Amalgamated
Union Pacific
Southern Pacific
Steel Corporation
Carnegie Steel Company
The
Pittsburg
General Electric Company
Reading
Steel
New York Stock Exchange
Financial Agencies Offer Cash Stocks and Margin Purchases
New York and Boston stocks are available for purchase with cash or on margin. Interest is allowed on deposits. Despatches from leading financial agencies are at our clients' disposal.
MENTIONED IN THIS ARTICLE
New York
Boston
Copper share declines and mixed copper stock actions
Copper Range closes at 741-4 after dipping to 731-2 earlier, with a recovery hint to 75. Butte Coalition falls to 22 7-8 as Amalgamated eases to 751-4. East Butte holds 131-2 to 137-8 while Telephone stock and convertible bonds appear active. The market ends weak with several issues down and others mixed amid broader commodity sentiment.
MENTIONED IN THIS ARTICLE
Butte
East Butte
Butte Coalition
Lake
North Butte
Superior
Osceola
Tamarack
Arizona Commercial
Market Stock and Bond Prices and Daily Sales Recorded
Boston Market reports the day’s stock and bond price movements alongside total daily sales in detailed figures. The columnar table presents the market activity for all listed securities including bonds and equities reflecting April trading.
MENTIONED IN THIS ARTICLE
Boston
Belmont bonds awarded and stock dividend planned
Belmont Mass awards 10000 30 year 4 percent water bonds to George A Fernald & Co at 112.66. Terminal Warehouse Co of New York to declare 50 percent stock dividend and issue 2000000 five percent 50 year bonds to pay off mortgage bonds. stockholders to vote May 12. Connecticut issues 1,000,000 three and a half percent bonds attract interest. Giroux Mining converts first mortgage bonds into capital stock at par. Rochester awards 100000 six months notes at 2.95 percent. Gardner awards 15000 three and a half percent bonds at 101.27. Waltham bids sought for 35000 temporary loan.
MENTIONED IN THIS ARTICLE
Boston
Belmont
Mass
George A. Fernald & Co
Terminal Warehouse Company of
New York
Giroux Consolidated Mining Company
Empire Trust Company
Trustee
Rochester
N. Y
Alliance Bank of Rochester
Q Geen
Boston Curb Market Steady Amid Mixed Leading Issues
The curb market showed a settled day with Geyser Southwestern Development and Bay State Gas leading trades. Prices held firm as Cactus Development Raw Hide Coalition Davis Daly Vulture and Giroux emerged as top features. Full fluctuations detailed.
MENTIONED IN THIS ARTICLE
Boston
Geyser
Southwestern Development
Bay State Gas
Cactus Development
Rawhide Coalition
Davis Daly
Vulture
Giroux
Dividends Declared by Major Firms This Quarter
S Steel Corp shows 12 percent quarterly dividend errata dated June 1 for stock of record May. U Steel Corp declares 14 percent quarterly on common stock with record June 10. Lehigh Coal & Navigation Co issues semi annual dividend with May 27 date. Tampa Electric Co declares 5.50 semi annual with record May 3. Rome Watertown Ogdensburg R R Co issues 11 percent quarterly with record April 30. Quebec By Light & Power Co declares 3.44 percent semi annual preferred with record April 30. American Glue Co issues 2 percent quarterly on common with record April 27.
Electric Ca of America meets Streets West
Stable Car Co. and Silver Queen Cobalt join in plans as common meetings proceed in California. Proceedings address street equipment and corporate coordination. Local officials expected to attend to discuss commerce and infrastructure.
Holmes Centenary Draws Great Throng at Sanders
Sanders Theatre hosted the Holmes centenary exercises with President Eliot presiding and hundreds turned away. Speakers included Rev Samuel M Crothers on Holmes in American literature, Dr David Williams Cheever on Holmes as Parkman professor and promoter of the Boston Medical Library, and Dr Edward Waldo Emerson who shared anecdotes.
MENTIONED IN THIS ARTICLE
Holmes
Parkman
Harvard Medical School
North Grove Street
Boston Medical Library
Edward Waldo Emerson
Eliot
Eliet
England
Dr. Emerson
Thomas Wentworth Higginson
Finding of Dead Man Sparks Two Detentions
Two foreigners detained after a dead man found in a South Boston tenement, with police unsure of identity. The unknown man, 5 feet 6 inches, about 175 pounds, with gray trousers, a black coat and vest, had a broken neck and was found in the hall.
MENTIONED IN THIS ARTICLE
Boston
Gold Street
Bridget Nee
Broadway
U S Catholics Too Liberal in Paris Marriage Controversy
Paris reports say Catholic authorities forbade a Protestant service linked to the marriage of Count Herman Secherr Thoss and Miss Muriel White daughter of the American ambassador. Archb ishop Amiette led the action citing American Catholic liberalism and seeking to set an example. Cardinal Kopp would likely not have acted without the archbishop's push. No permission for a Protestant service was sought or granted.
MENTIONED IN THIS ARTICLE
Paris
Herman Secherr-Thoss
Muriel White
Monsignor Amiette
America
Cardinal Kopp
Hibbard Signs Lighting Contract Over Protest
After receiving a letter, Mayor Hibbard met with Superintendent Emerson and signed a 10 year street lighting contract. The expired agreement cost the city $435,000 yearly for Edison lighting, with critics calling the move unwise and inconsistent with Finance Commission and aldermanic advice.
MENTIONED IN THIS ARTICLE
Emerson
Edison Company
Hibbard
City Hall
George WU. Crocker
James J. Storrow
Merchants’ Association
New York
Brand
Board of Aldermen
Finance Commission
Celebrate General Grant Birthday in Melrose
The 88th anniversary of General Grant's birth was celebrated in Melrose by the U S Grant Post 4 G A R with allied groups. An event in the City Auditorium drew over 800 attendees, raising funds for a soldiers and sailors monument. Readings by Elizabeth Joyce, soprano Evelyn Blair, veteran songs with Eli F Webber, and a Lynn Barrows oration outlined the occasion.
MENTIONED IN THIS ARTICLE
Melrose
General Grant
U. S Grant Post 4
Fund For
Elizabeth J. Joyce
Medford
Evelyn G. Blair
Boston
G. A
Hibernians Dispatch Delegations to US Mission
Dublin reports both the Irish parliamentary and regular sections of the Ancient Order of Hibernians sending delegates to back Matthew Cummings national president and Father P S O Donnell in America to seek amalgamation of international and US divisions. President O Farrell of the Leinster regular division has already departed for New York.
MENTIONED IN THIS ARTICLE
Dublin
Order of Hibernians
United States
Matthew Cummings
Order
America
P. S. O'Donnell
O'Farrell
New York
President Taft Pays Tribute to Grant in Boston Visit
President Taft and Captain Archibald Butt were greeted by a large crowd at Broad Street depot then hosted 2000 Union League members at a reception. He praised General Grant's strategic mind and urged reconciliation between the North and South, noting unity after Lee's surrender.
MENTIONED IN THIS ARTICLE
Archibald Butt
Broad Street
Mr. Taft
Union League
Taft
South
Patt
Belmont
Lee
Appomattox
Keith's Theatre Employees Host First Party at Stone Hall
Keith's Theatre staff entertained at Stone Hall for a subscription party last evening. The event drew 159 couples dancing from 4 to 1, with a stereopticon show featuring candid pictures of employees during last summer's vacation. Guests included Mr and Mrs B I Keith, A P Keith, Mr and Mrs Larson, Mr and Mrs Lothrop, and Mr and Mrs A Barnett. Organizer Edward A Reynolds led the affair assisted by M F Costello Howard Jones Charles Dealey Co Sh Christian R W Elberhart and EK F Aldrich.
MENTIONED IN THIS ARTICLE
Keith's Theatre
Stone Hall
Show House
B. I. Keith
A. P. Keith
Larson
Lothrop
A. Barnett
Edward A. Reynolds
M. F. Costello
Howard Jones
Charles Dealey
Co. Sh. Christian
R. W. Elberhart
EK. F. Aldrich
Globe Shirt Co Opens In New Quarters At 40 School Street
The Globe Shirt Company opens for business at 40 School Street after a two month vacancy caused by remodels. Large crowds show support as the firm resumes operations in updated quarters.
MENTIONED IN THIS ARTICLE
Globe Shirt Company
New Quarters
School Street
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