Market Leaders Show Mixed Activity Across Exchanges
SFL continues market leader with 261,000 shares traded. Boston totals include 12,714 shares and 2,502 in steel. New York lists gain Nat Enam and S pfd, 2 to 80, while Rumley Co pfd falls 2% to 40. Calumet & Hecla rises 314 to 404 in Boston. Pullman drops 21% to 15134. Call money New York 2%4 to 2% and Boston 3 to 3% per cent. time money New York 3%4 to 6 per cent, Boston 6 to 6% per cent. Total sales figures shown for New York and Boston.
MENTIONED IN THIS ARTICLE
Boston
New York
Steel Common
Nat. Enam. & S. Pfd
Rumley Co. Pfd
Calumet & Hecla
Pullman
Call Money
Time Money
Wall Street Faces Subdued Session Amid Manipulation Talks
New York market sees limited moves as a clique-driven pattern dominates trading. Initial gains fade with steel and Union Pacific showing strength before late declines, while Canada Pacific and Southern Pacific drift. Total sales reach 1.44 million dollars in a flat closing session.
Copper advances as Lake strike affects market
The Boston market closes July with copper at 1514 cents amid strike spillover from the Lake district. Demand remains fierce as buyers seek immediate delivery while producers run tight stocks. Calumet & Hecla, Butte & Superior, and Island Creek show gains. Steel and New Haven issues lead activity. brokers trade heavily in New Haven rights.
MENTIONED IN THIS ARTICLE
Boston
Lake District
Boston News Bureau
Calumet & Hecla
Butte & Superior
Island Creek
Steel Common
New Haven
Boston curb prices show Mexican Metals at 56c peak
Official sales show Mexican Metals trading on the curb with a high of 56 cents and closing near 8 cents. Butte and London metal activity ran around 25 cents as market notes summarize yesterday's curb action.
MENTIONED IN THIS ARTICLE
Butte & London
Bay State Gas
Calaveras Zi
Cortez Wee Tos
Corbin Zone
Davis Daly
First National
Eppes Ne
Majestic
Bond Market Quiet As Government Bonds Hold Steady
United States Government bonds closed unchanged amid a firm tone in the general market. Key issues traded included Erie bonds, New York New Haven Hartford convertibles, Baltimore & Ohio 4s, and Seaboard Air Line adjustments. Total sales reached 31,181,000 with weekly figures showing a mix of gains and declines across rail and steel issues.
MENTIONED IN THIS ARTICLE
United States
Erie
New York
New Haven & Hartford
Baltimore & Ohio
Seaboard Air Line
Blackstone Valley Gas Electric To Hold Special Aug Meeting
A special meeting of Blackstone Valley Gas and Electric Company of Pawtucket and Woonsocket Rhode Island is called for August 12 to vote on increasing stock by 250000 dollars in preferred and 250000 dollars in common, raising totals to 1350000 dollars preferred and 2250000 dollars common. La Salle Copper Company reports a six month loss of 87855 dollars ending July 1. British American Tobacco stockholders approve capital raise to 14500000 pounds by issuing 9500000 pounds ordinary shares existing with current ordinary shares.
MENTIONED IN THIS ARTICLE
Blackstone Valley Gas & Electric Company
Pawtucket
Woonsocket
R. I
la Salle Copper Company
British-American Tobacco Company
Bond market notes on state and railroad issues
Foxboro Mass awarded 15000 4 1 2 per cent bonds dated Aug 1 1913 payable 1000 annually 1914 28 to N W Harris Co Blodger Co also bid. Illinois Central 5 per cent equipment trust notes 3 500 000 offered by Kuhn Loeb Co purchased yesterday by Lee Higginson Co and Kissell Kinnicutt Co.
MENTIONED IN THIS ARTICLE
Foxboro
Mass
N. W. Harris & Co
Blodger & Co
Illinois Central
Investment bankers see strong demand for new bonds and convertibles
The syndicate to underwrite a 67 million dollar New Haven convertible bond issue attracts applications exceeding the target. Demand for 6 percent convertibles vs lower rate bonds grows. Pennsylvania’s July 80 payout set a record dividend, with 4 244 being paid to the largest stockholder base, and total distributions near 425 million since inception.
MENTIONED IN THIS ARTICLE
New Haven
New Hope
Pennsylvania
Boston & Maine
Explanation of Bay State Railway June Quarter Expenses
The Bay State street railway shows a $208 284 rise in operating costs and a $212 889 drop in net income after interest and charges. Maintenance costs rose $99 000 from a year earlier, fixed charges up $98 000 with about $75 000 for added taxes, and wage costs for conductors and motormen increased by $107 000 in the year to June 30.
MENTIONED IN THIS ARTICLE
Bay State Street Railway
Government Funds to be Placed in Banks to Move Crops
Secretary McAdoo will deposit 25 to 50 million dollars of government funds in national banks across the South and West to aid crop movement. Bonds and prime collateral will be accepted as security with banks paying 2 percent interest.
MENTIONED IN THIS ARTICLE
Washington
South
McAdoo
McAdoo Seeks Small Bank Deposits Policy to Ease Money Stringency
Secretary McAdoo outlines a policy to counter looming money tightness as a large harvest nears. He says government bonds will be accepted at par as security for new deposits and banks must have at least 40 percent of their authorized circulation to access added funds.
MENTIONED IN THIS ARTICLE
McAdoo
United States
City to Extend Street Lighting Contract Amid Gas Firm Vote
Commissioner Louis K. Rourke will grant an extension to the Rising Sun Co for city street lighting while the Council considers a new contract with Consolidated Gas Co. If approved the gas firm would subcontract to Rising Sun, lowering lamp prices from 23.60 to 21.50 per lamp.
MENTIONED IN THIS ARTICLE
Louis K. Rourke
Rising Sun Company
Woln
Rourke
Consolidated Gas Company
Council
Promotions on Albany
Walter A Barrows of Newtonville is named general passenger agent of the Boston and Albany railroad succeeding the late A S Henson A E Allen of Newton is appointed assistant general freight agent in Barrows place Both men have long B and A service and extensive traffic department experience Their promotions recognize their good service to the road
MENTIONED IN THIS ARTICLE
Walter A. Barrows
Newtonville
Boston & Albany Railroad
A. S. Henson
A. E. Allen
Newton
Barrows
B. & A. Road
Complete Tour of Hospitals Highlights Crowding
A House special committee completed its tour of tuberculosis hospitals visiting the Boston Mattapan institution and the Lakeville state sanatorium. Both facilities reported crowding and long waiting lists for treatment as the committee surveyed the system. The Boston Matapan $400 000 facility impressed members, guided by Dr Simon I Cox superintendent.
MENTIONED IN THIS ARTICLE
House of Representatives
Boston
Mattapan
Lakeville
Simon I. Cox
Hank the Hermit and Tyjun Braves Boost Sunday Fun
In the comics page Hank the Hermit and the Tyjun Braves provide lighthearted entertainment for readers of the Sunday Post. The panel duo script playful antics and cheerful scenes to kick off the weekend.
MENTIONED IN THIS ARTICLE
Hank the Hermit
Next
Post
Lobby Probers Hear Mulhall In Testy Senate Probe
In Washington on July 31 the Senate investigating committee heard cross examination of alleged lobbyist Martin M Mulhall for the National Association of Manufacturers. The session featured frequent clashes among counsel and committee members as about 116 questions were posed over five hours before Chairman Overman.
MENTIONED IN THIS ARTICLE
Washington
Martin M. Mulhall
National Association of Manufacturers
Senate
Mulhall
Overman
Mulhall Testimony Sparks Row Over Cross Examination
In a tense session, Robert McCarter and James A. Wmn ery were denied direct cross examination but could pose questions from witness replies. Senators Reed Walsh Cummins Nelson clashed yet restored civility. Mulhall pressed for counsel, threatened jail, and drew warnings from Chairman Overman before the session adjourned amid attacks on his narrative by the National Association of Manufacturers' lawyers.
MENTIONED IN THIS ARTICLE
Robert McCarter
James A. Wmnery
Association
Reed
Walsh
Cummins
Nelson
Mulhall
National Association of Manufacturers
Overman
National Association of Manufacturers’ Attorneys
New Haven Sells Its Trolleys Through Private Stock Sale
The New England Investment and Security Company has confirmed it owns the stock that carries the voting power of the New Haven trolley line. The stock was purchased not from the city but from private individuals, transferring control through private sale.
MENTIONED IN THIS ARTICLE
New England Investment & Security Company
New Haven
Trolleys change hands in bold New England deal
Sanderson Porter of New York bought a majority of common shares in the New England Investment and Securities Company. The trustees named include Henry L. Higginson and J. T. Harner with A. W. Damon, C. E. Ware, Bentley Warren as directors. The purchase covers most western Massachusetts New Haven trolley lines except Berkshire Street Railway and may lead to new directors and continued operation of the lines.
MENTIONED IN THIS ARTICLE
Sanderson & Porter
New England Investment & Securities Company
Henry L. Higginson
Boston
J. T. Harner
A. W. Damon
Springfield
A. G. Bullock
Worcester
C. E. Ware
Fitchburg
Bentley W. Warren
Harner
Warren
New Haven
Massachusetts
Berkshire Street Railway
Worcester Consolidated Street Railway
Springfield Street Railway
Milford
Attleboro
Bankers Proposed as Advisers in Currency Bill
Washington reports show the Glass currency bill advancing in the House banking committee. An advisory board of 12 bankers would regularly consult with a new Federal Reserve Board. The committee carried over action on interlocking directorates while also planning a currency caucus for Aug. 11. A demand arose for an investigation into McAdoo’s charge that New York bankers seek to depress 2 percent bonds.
MENTIONED IN THIS ARTICLE
Washington
House Committee On Banking and Currency
Glass
McAdoo
Democratic Conference
Federal Reserve Board
A. Mitchell Palmer
House Committee
New York
Neeley
Kansas
Produce wagon blocks car tracks on Mystic avenue
An inbound and outbound Elevated track on Mystic avenue near Union street Somerville were blocked for about half an hour last night after a two horse produce wagon tipped over scattering goods. A wrecking crew cleared the scene.
MENTIONED IN THIS ARTICLE
Mystic Avenue
Union Street
Somerville
Knox Touring Car for Quick Sale After Move
Nearly new KNOX touring car price slashed from 3450 to 1300 cash. It has 6000 miles, tornado body, 40 hp, full equipment and extra shoes. Owner leaving area seeks fast sale after large sacrifice. Also wanted rear axle and transmission in good condition at 869 Widen St Cambridge.
MENTIONED IN THIS ARTICLE
Knox
H. P
the Post
Hié4
U. P
Widen St
Cambridge
Proposals for water pipe on South Main Sharon Mass
Water Commissioners invite sealed proposals to lay about 4200 feet of 6 inch pipe on South Main Street Sharon starting opposite Norfolk Place to Amos H Whipple residence. Bond of 1000 dollars or cash security required. Proposals due noon August 13 1913 with right to reject all bids. Also unrelated 1913 to 1918 depot solicitations and bids for ponchos gloves shoes and electric motors listed.
MENTIONED IN THIS ARTICLE
Town OF
Sharon
South Main St
Mass
Water Commissioners
South Main Et
Main St
Norfolk Pl
Amos H. Whipple
Board of Water Commissioners
Pettee & Colburn
EB. E. Farnham
South Main Street
Lower Town Hall
D. Webster Phtter
Ralph ©. Brown
Timothy F. Quinn
Depot Quartermaster’s
Gray’s Ferry
Philadelphia
G. Ler
Irwin
Summer St
Boston
New York
Chicago
St. Louis
San Francisco
Quartermaster Corps
U. S. Army
George B. Davis
Sixth St
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