Stocks Show Strong Resilience In Trade Across Cities
Total sales in New York reach 75,937,300 shares and Boston 7,437,632, with busy activity in steel and Butte & Superior. Canadian Pacific jumps 53 percent to 27156 in New York while Pullman Co. falls 2y to 1601. In Boston Butte & Superior climbs 44 to 4234, Western Union slips to 82. Call money rises to 27 percent in New York and 3 to 4 percent in Boston. Time money advances to 3 to 5 percent in New York and 4 to 5 percent in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Butte & Superior
Lehigh Valley
Liggett & Mey
Louisan Ee
Nevada
Pitts Coal
Rcc&sl
Pullman
Ray Consol
Eens
Rock Island Tee Ennee
Rock Island Ei
Seaar
Sears-Roebuck
St Lou
South Posite Eee Ewes
USC IP of Teen
U 8 Realty Settee Eeese
U S Rubber Ee
Utah
Weati House
Westaryland
West Union
Wis Central
Woolworth Co
Woolworth Pf
T&t
West T & T
Arizona Comeens
Atchison
Bos& Albany
Boston & Corbin i
Bos & Lowell
Bos & Maine Ee Eee
Bos & Maine Pf
Bos & Prov
Eee
Bos
Butte & Sup See Eeee
Cal & Arizona
Cal & Hecla
Chino Ee Ee
Mercur
Weer
Enee
East Butts TZ
Ison Elec
Fitchburg Pf
Giroux
Granby
Isle Royale
Lake Copper
Miami
North Butte
North Lake
Rotary Ringer Ee
St Mar
Santa Fe
Shannon
Shattuck-Aziz
Sup «& Bos
Superior
Swift & Co
Tamarack
Seen
Utah Consol See
Utah Cop Co
See
Victoria Weet
West End Ee
Wall Street Opens With Decided Skepticism Then Prices Rise
Early stock dealings show uncertainty turning to a general price hardening as Steel shares lead activity. The United States Steel report for the second quarter is barely favorable, with a large six month deficit left to cover. Premiums for quick deliveries and optimistic crop news buoy steel and related issues, while Canadian Pacific and its affiliates push to new highs on June earnings and anticipated dividends.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Canadian Pacific
Minneapolis
St. Paul
Sault Ste Marie
Union Pacific
Bethlehem Steel
United States
Boston Stocks and Bonds Ex-Dividend Report
Ex-dividend notes show total sales of 22 981 shares and bonds valued at 35 000 dollars.
Market gains buoy copper shares surge in Boston session
Boston traders pushed prices higher led by copper stocks and New York buying. Butte & Superior led with a wide range and a day gain as shorts covered amid optimism that conflicts between operators will settle without suit. Calumet and Hecla subsidiaries’ June half reports further boosted sentiment. total turnover reached 22,981 shares.
MENTIONED IN THIS ARTICLE
Boston
London
New York
Butte & Superior
Clark
Superior
Butte & Superior Rock
Calumet & Hecla
Boston curb: Butte and London lead trading at 35 cents
Boston curb daily feature shows Butte and London as the sole movers, trading around 35 cents. Detailed fluctuations follow with limited additional data from the local market.
MENTIONED IN THIS ARTICLE
Butte & London
Freight train wreck near Ashland halts line
An extra freight train derailed about one mile north of Ashland New Hampshire at 2 55 this morning. Nine freight cars were piled up and seriously damaged, disrupting service at the station area.
MENTIONED IN THIS ARTICLE
Ashland
N. H
Here
Canadian Pacific stock hits new high on earnings surge
Canadian Pacific rallied after reporting earnings for the year ended June 30, with the stock up 53 8 to 271 5 8, its highest price ever. Analysts debated bigger dividends, copper company profits rose in early 1912, and July wall street activity showed capital markets cooling after record first-half issues.
MENTIONED IN THIS ARTICLE
Canadian Pacific
Metal market roundup shows steady copper prices
Yester day trading in the metal markets was moderate with copper prices nearly unchanged. Standard copper bids and asks ranged around 17.00 to 17.50, with futures bids in London at £78 1s 3d for spot and £78 5s for futures, while lead and spelter held firm in New York and London postings.
MENTIONED IN THIS ARTICLE
dJuly
RAO A A Ulead Ata
Peers Gshaseckene
Aurore O Oigiscars Ee
Cookson
London
Chicago
Minneapolis
Duluth
St. Louis
Kansas City
Toledo
Detroit
Cap
Dividends Declared by Several Corporations
Stone & Webster announces an extra distribution of 1.471-2 dollars a share on common and 81-2 cents on preferred stock of Minneapolis General Electric Company to stockholders of record at sale time to H N Byllesby Co for Consumers Power. Inland Steel declares quarterly dividend of 1 384 per cent payable Sept 2 to stock of record Aug 10. United States Steel pays preferred dividend Aug 30 with books closing Aug 5 and reopening Aug 12. common dividend payable Sept 28 with books closing Aug 3 and reopening Sept 9. Detroit & Cleveland Navigation Co declares usual semi annual dividend of 4 per cent payable Aug 15 to holders of record Aug 3.
MENTIONED IN THIS ARTICLE
Stone & Webster
Minneapolis General Electric Company
H. N. Byllesby & Co
Consumers Power Company
Inland Steel Company
United States Steel Corporation
Detroit & Cleveland Navigation Company
Grain Markets July 31 Market Opens Firm Then Weakens
Grain markets opened slightly higher on steady cables and export buying reports but gave up the early advance as favorable Northwest weather reduced concerns about rust. Lyles report easing rust fears and Northwestern Millers noting favorable conditions. Chicago heavy receipts and a wild session with July contracts slipping to 92 1/2.
MENTIONED IN THIS ARTICLE
Lyles
Chicago
Money Markets Hold Firm Tone In Time Funds Demand
The money market remains firm with mercantile demand sustaining the rise in rates. In New York call money ruled at 27.5 percent. time rates ranged from 3.5 to 5 percent across various maturities. Total sales reached 1.928 million, compared with 1.685 million yesterday and higher weekly and yearly figures.
MENTIONED IN THIS ARTICLE
New York
Money On Call
American Trust Co Purchases Historic Charlestown Bank Buildings
The American Trust Company announces the purchase of four City square brick properties and three Chelsea and Park street addresses in Charlestown. The report traces the bank’s long history from the 1830s Bunker Hill Bank site to 1906 and 1910 mergers, culminating in the acquisition of the Bunker Hill branch and the related real estate.
MENTIONED IN THIS ARTICLE
The
American Trust Company
City Square
Chelsea Street
Park Street
Charlestown
Bunker Hill State Bank
Bunker Hill National Bank
Bunker Hill Bank
Timothy Walker
David Devens
Edward Lawrence
Timothy T. Sawyer
Charles R. Lawrence
Edward R. Lawrence
City Trust Company
Bunker Hill
Old Colony’ Trust Company
Alaska Gold Mines Company to consolidate Treadwell area assets
Hayden, Stone & Co. have secured a large gold mining property near Juneau known as Alaska Gas tineau Mining Company. Consolidates three groups, Alaska Perseverance, Oxford, Sheep Creek. New Alaska Gold Mines Company to hold 750,000 shares, par $10, with $4.5 million cash in treasury and full ownership if all stock is issued. R. J. Reynolds Tobacco to issue remaining authorized stock, $2,475,009, to stockholders of record Aug. 22 at par pro rata.
MENTIONED IN THIS ARTICLE
Hayden, Stone & Co
Alaska Treadwell
Juneau
Alaska
Alaska Gastineau Mining Company
Alaska Perseverance
Oxford
Sheep Creek
Alaska Gold Mines Company
R. J. Reynolds Tobacco Company
Bond Market Quietly Firms With Key Virginias and Rail Deals
The bond market showed a firmer tone as trading centered on Virginia deferred 68 issues, Atchison convertibles, and adjustments in New York Railways.
MENTIONED IN THIS ARTICLE
Virginia
Atchison
New York
Cotton Markets See Brief Rally After Opening Decline
July 31 report notes liquidation pausing as prices rise about 20 points after a disappointing Liverpool cable. Brokers for the bull side bought roughly 50,000 bales in the first hour amid sporadic strength. Bullish crop conditions from eastern belts and rains in parts of the midwest boost near term sentiment with an expected bullish bureau report Friday.
MENTIONED IN THIS ARTICLE
Liverpool
Texas
Oklahoma
Franconia Brings 1000 Passengers From Liverpool
Cunard steamer Franconia arrives with over a thousand passengers from Liverpool and Queenstown. Mrs. Franklin MacVeagh and her son Eames sail in the saloon. Secretary MacVeagh meets them at East Boston wharf.
MENTIONED IN THIS ARTICLE
Cunard Line
Franconia
Liverpool
Queenstown
Franklin MacVeagh
Secretary of the Treasury
Eames
MacVeagh
East Boston
Secretary tours Boston customs as brides wed aboard Franconia
Secretary MacVeagh praised Boston customs as among the nation’s best and noted the city’s suitability as a transatlantic steamship hub. The Franconia brought four English brides who wed locally with Dock Parson Burns performing ceremonies. Immigrants were briefly detained after initial examinations as President Taft's son visited the dock with the Bower family before sailing on.
MENTIONED IN THIS ARTICLE
E. A. Curtis
Edward G. Graves
MacVeagh
Boston
Andrew
Franconia
James FE. Burns
England
Elizabeth Betham
Alfred Crompton
Walpole
Annie Hale
Robert Winder
Springfield
Cissie Goulding
Harry Gower
Bond Market Notes Prompt U.S. and Canadian Auctions
J. S. and W. S. Kuhn & Co. win $100,000 Scranton school district bonds. Ottawa bids due Aug 29 for $1,031,000 4 per cent debentures. Regina offers Sept 2 for $275,000 4 1/2 per cent debentures for school buildings. Portland Railway appoints Columbia Knickerbocker Trust for coupon payments on $75 million 5 per cent bonds. American Railway & Lighting calls $500,000 5 per cent trust sinking fund bonds at 103 on Sept 1, 1912. Syracuse invites bids by Aug 6 for $200,000 4 1/2 per cent sewer bonds. Apollo school district issues $30,000 4 1/2 per cent bonds dated May 27, 1912.
MENTIONED IN THIS ARTICLE
J. S. and
W. S. Kuhn & Co., Inc
Scranton, Penn
Ottawa
Ont
Regina
Sask
Portland Railway, Light & Power Company
Columbia Knickerbocker Trust Company of
New York
American Railway & Lighting Company
Equitable Trust Company
Syracuse
N. Y
Apollo
Penn
Two Men Sentenced In Revolver Possession Case
Paul Richstroth and James Bassie received one month sentences in the House of Correction after being found with loaded revolvers in their possession.
MENTIONED IN THIS ARTICLE
House of Correction
Paul Richstroth
James Bassie
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Hornblower & Weeks
Seo
Butte
New York Market
Am Smelt & R
Snu
Am Smelt & R Pf Ee
Steel Fury
At&s
At& SF
Ealt & Ohio Et
Stee Ee
Beth Steel Pf
Can Pacific Ee
Ohio
del Hudson A
den RG
Distillers Sete Eee
Tte
Erie
Illinois
Boston Stocks
Georgia Railway & Power Common
Ashley & CO
Devonshire Street
Adirondack Elec Pwr Co
Arlington Mills
Amer Inv
Apsley Rubber Co
Babcock & Wilcox
Bigelow
Borden’s Milk
Boston Belting Co
Columbian Nat Life Ins
oOo
Charlestown Gas & Elec
Detroit Edison
Douglas Shoe Pref
Raper Mfg
First Nat Bank
Nbypt
Farr Alpaca E
Fitch & Leominster
Mid State
Manomet Mills
Nashawena Mills
Niles Bement P
Oswego
Otis Elevator
Pacific Mills
Pere Marquette
Pope Mfg
Stafford Mills
Syracuse Rapid Transit
Union Typewriter
Ray Utica, Chenango & Su
Roch, Syr & Eds
U .S
Ale
Bay State Gas
Butte Central
TM Redo Buyer
Calaveras S
Raven
RT Coalioness
South Lake
Stewart
British Columbia
Davis-Daly
Ely Consol
State Street
Boston Elevated
Old Dominion Company
Arizona Railroad
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Old Dominion
Arizona
Boston & Corbin
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STOCL
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Mil & St P
Gnl
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Mil & St
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CRI & P
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Trust Coots
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Coke
Nort Pacific
del & Hudrig
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Rr&n
Gallien
Armour & Co Real Erie
Peter Penn
My Penn
Ates
Nantes
R & Ind
Arta
St Louis
Iowa
Indiana Steel
Met
C & MB
Montana
Kans
Ee &Co
Desty Settee
Pacific
Bal & O
Bethleh Steel
Tenn CI
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Liggett & M
Senna
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Wales
West Shore
American Trust CO
Els Ianteeeaa
Atlanta
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Gueson Vel
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Cambria Steel
N J
Blee Co
Flee Star Mogs
Eeeaebee Ab Asebk
Pi. T
Lehigh Valley Etter
Samy Penn Steel
Rapid
J & Seash
Baltimore
GBSB