Market Totals and Minutes of Stock Activity for Two Cities
The report shows New York total sales 51,916,000 shares and Boston 3,166,747 shares from Jan 1 1913 to date. Most active NY steel common 32,200 shares and Boston steel common 1,179. Greatest gains and losses include Stand Mill pref in NY and Am Agrichem in NY while Mass Gas rises in Boston and Calumet & Hecla falls. Call money and time money rates are listed for New York and Boston, with ranges across the two markets.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Mill Pref
Am. Agri. Chem
Mass
Calumet & Hecla
Market Reaction Mixed as Government Deposits Show Limited Impact
New York reports that anticipated Treasury deposits to boost western and southern shipments produced only a brief lift in security values. Traders questioned Washington's right to use commercial paper as collateral, while crop scares and poor cotton estimates unsettled markets. Corn futures rose as drought hits the southwest and rail stocks faltered, with Mexican railway finances worsening.
MENTIONED IN THIS ARTICLE
New York
Secretary of the Treasury
Washington
Baltimore & Ohio
Illnos Central
New York Central
Atchison & Pennsylvania
Mexican Republic
Inter
Panama
Local Market Shows Low Volume Amid Copper News
Boston August market reports 8210 shares in volume with Alaska Gold and Steel common the only active issues. Phelps-Dodge copper bid at 15 14 cents a pound supported Amalgamated and American Smelting quotes amid tonnage booked for foreign and domestic use. Lake Superior strike news remains unchanged with miners facing wage losses of about 900000 monthly. Calumet & Hecla falls six points to 398, a yearly low not seen since 1911. Trading remains light and the closing tone weak.
MENTIONED IN THIS ARTICLE
Boston
Alaska
New York
Phelps-Dodge
Lake Superior
Western Federation
Calumet & Hecla
Copper production and shipment notes for Calumet & Arizona and Quincy
Calumet and Arizona produced 1500 tons of blister copper in June versus 2130 in May and 2080 in June 1912. Year to date output stands at 12425 tons, down from 14158 tons year earlier. Quincy shipped 746 tons of mineral to the smelter in the first 18 days of July, well below normal.
MENTIONED IN THIS ARTICLE
Calumet
Arizona
Quincy
Copper output and profits at Nevada Copper Company
The Nevada Consolidated Copper Company report for the latest quarter shows 17,928,000 pounds of copper produced, down from 18,092,000 a year earlier, with net earnings of $1,108,787 and a surplus after dividends of $98,422. Costs were 8.95 cents per pound, and a $225,558 ore extinguishment charge was recorded alongside $131,653 depreciation for the smelting plant.
MENTIONED IN THIS ARTICLE
Nevada Consolidated Copper Company
New Haven Not In Sale Says Major Higginson
In a Boston News Bureau interview Major Henry L. Higginson states the New Haven sold its Massachusetts trolley lines years ago to the New England Investment and Security Company and had no role in the Sanderson & Porter purchase. He notes he bought 100 shares for 100 each, sold them at 200, and emphasizes the stock sale was voluntary by owners.
MENTIONED IN THIS ARTICLE
Boston News
Henry L. Higginson
New Haven
New England Investment and Security Company
Sanderson & Porter
New York
New Haven Railroad
Massachusetts
Major Higginson
Ormed
Bond market reports firm close with 2s call advances
United States Government bonds closed firm with a sharp advance on the call of 44 for the 2s. Registered 2s bids rose to 8734, last sales up 14, and a general reactionary tone appeared across the market. Major activity centered on Baltimore and Ohio, Union Pacific convertibles, Seaboard Air Line and Third Avenue adjustments with a broad array of issues listed. Total sales stood at 1,322,009 dollars, down from yesterday and last week, with year-to-date figures shown.
MENTIONED IN THIS ARTICLE
United States
Baltimore & Ohio
Union Pacific
Seaboard Air Line
Third Avenue
Bond market notes from early 20th century sales
Lee Higginson and Kissell, Kinnicutt sold Illinois Central equipment 5s. General Motors anticipates part of a first lien issue. State Treasurer Stevens borrows 500000. Bid dates set in Lowell for 75000 bonds. Speyer and Kuhn sell 20 million one year notes. Watertown loan fails to attract bids. Mississippi River Power bonds sold to Stone & Webster syndicate. Utica bonds sold directly to the public at par amid strong demand.
MENTIONED IN THIS ARTICLE
Speyer & Co
Kuhn, Loeb & Co
Baltimore & Ohio
Lee, Higginson & Co
Kissell, Kinnicutt & Co
Illinois Central 5’S
Stone & Webster
Mississippi River Power Company
Lee Higginson & Co
Mississippi River Power Co
Utica
N. Y
People Direct
Confidence grows as fall trade looms in week’s review
R G Dun and Company reports encouraging business conditions with growing confidence and preparations for fall and winter trade. Markets remain quiet seasonally but with firmer tones in foundry iron and steel, dry goods steady, and improving retail demand. July commercial failures total 19,348,250 with 256 U S failures and 30 in Canada.
MENTIONED IN THIS ARTICLE
New York
R. G Dun & Company
Boston
United States
Canada
Trade outlook mixed with gains in West and South
Bradstreet's notes mixed trade signals with optimism in the Southwestern and Northwest sectors due to rising wheat estimates. Higher money rates and tariff uncertainty press East, while corn crop declines weigh on Western and Northwestern purchases. Southern demand improves with better cotton. pig iron buying rises though finished goods sales stay narrow. Bank clearings total 2.713 billion, down 2.8 percent. 248 business failures. U S and Canada exports wheat 6.77 million bushels, corn 12.57 million.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Northwest
South
Lke
United States
Canada
Dividends Declared by Several Companies
Southern Pipe Line Company pays $8 a share on Aug. 30 to holders of record Aug. 15. Pacific Gas & Electric declares quarterly $1.50 per share, payable Aug. 15 to holders of record July 31. Aas Asphalt announces regular quarterly 1 1/4 percent on preferred stock, payable Sept. 2 to holders of record Aug. 15. Hollinger Gold Mines Company Ltd offers a regular monthly 3 percent, payable Aug. 12 to holders of record Aug. 4.
MENTIONED IN THIS ARTICLE
Southern Pipe Line Company
Pacific Gas & Electric Company
Aas Asphalt Company
Hollinger Gold Mines Company, Ltd
Gardens in Place of Slums Lead Boston Campaign
Mrs. Haviland Lund of Los Angeles, leader of Forward to the Land League, visits Boston to drum up capital for garden cities for the poor. The plan aims to provide thrifty, deserving people with affordable homes and pleasant surroundings. The movement has won endorsements from notable business and professional figures nationwide. Also reports on transatlantic steamers: liner Canadian, 6580 miles east of Boston Light en route to East Boston with five cabin passengers. Numidian from Glasgow and Moville, 190 miles northeast of Cape Race, due Mystic wharf Monday with 72 cabin and 118 steerage. Re d Italia will sail from New York Aug 14 for Italy. North Star repairs at East Boston prior to Boston–Yarmouth service resuming. Boston steamer sidelined at Yarmouth. The Landman.
MENTIONED IN THIS ARTICLE
League
Lund
Liverpool
Wireless
Boston
Yarmouth
North Star
Landsman
Garden cities as cure for urban slums voiced
Mrs. Lund argues slums stem from housing costs and urges public spirited investors to fund suburban garden cities near cities. She envisions cheaper rents of 10 to 20 dollars monthly, reduced city congestion, and improved welfare through better living and higher thinking.
MENTIONED IN THIS ARTICLE
United States
England
Germany
Vessels At Boston Wharf Record July Trade Shift
Dull day at the wharf with eight incoming ships carrying swordfish and groundfish. Swordfish totals include Massasoit 97, Actor 7, Tecumseh 64, Viking 56, and Mary de Costa 13. Good Luck hauls 1 stray. Groundfish include haddock 37,200 lb cod 57,500 lb pollock 6,300 lb cask 3,300 lb halibut 3,000 lb. Prices list haddock 8 to 31 2 c, steak cod 7 to 71 2 c, pollock 3 c, swordfish 11 to 12 c, halibut 17 to 18 c. July port receipts show fewer foreign arrivals but 7,000 more passengers year over year, with 113 steamers, two barks, 386 schooners this year vs 124, 3 barks, 45 schooners and two tugs last year. Passenger totals: 6,101 saloon, 2,692 cabin, 8,712 steerage. plus 16 cattlemen and 14 stowaways. The Hamburg-American and Italian Navigazione lines enter Boston service this year. Leyland makes fast passage.
MENTIONED IN THIS ARTICLE
T Wharf
Massasoit
Tecumseh
Viking
Mary de Costa
Haddock
Cod
Hake
Pollock
Ethel B. Penney
Hortensen
Europe
Boston
Leyland
Shipping News Open Ocean Freight Movements Listed
Shipping reports show steamers and schooners cleared sailed and arrived at ports including Halifax Yarmouth Portland Gloucester and New York. Vessels such as Prince Arthur Kingstonian Governor Cobb and Nellie Eaton feature among references with tows barges and port calls noted for New York and Norfolk and other Atlantic ports.
MENTIONED IN THIS ARTICLE
Sagamore
Fenton
Liverpool
Saramacca
Terry
Port Simon
C. R
Halifax
Wwaves
Charlottetown
P. Fh. I
Hawkesbury
N. S
Prince Arthur
Kinney
Yarmouth
Nacoochee
Diehl
Savannah
Nantucket
Wood
Baltimore
Newport News
Norfolk
Berkshire
Farmer
Philadelphia
Bunker Hil
Crowell
New York
James S. Whitney
Decker
Cto
Melrose
Frostad
Everett
Michelson
Mohawk
Cates
Machiasport
Camden
Brown
Bangor
City of Rockland
Hawthorne
Bath
Bay State
Strout
Portland
City of Gloucester
Linneken
Gloucester
Cape Ann
Godfrey
Eureka
Bennet
Newburyport
Reliance
Merriam
Covington
Taw
Mary B. Mitchell
Lancaster
Newport
Security
Muller
S. O
O. Co
Blake
G. Go
Channing
Freeman
Herbert
Mary F. Scully
Huntley
Rockland
Chester Rmn
Lawrence
Collins
Rockport
George R. Bradford
Littlefield
Mass
W. Allan
Morrison
Calais
Caledonian
Manchester
England
Marengo
Hull
Nellie Eaton
St. John
N. B
Katherine ¥. Mills
Annapolis
Kingstonian
London
San Jose
Co. Ro
Eden Hall
Governor Cobb
Eastport
Howard Baltimore
Bunker Hill
Port Johnson
Salem
Grace_ A. Martin
Clara J
Millbridge
Albert Baldwin
Palermo Sails for Naples and Genoa from East Boston
At noon today the Italian steamer Palermo under Captain Dodero will depart Grand Junction docks East Boston bound for Naples and Genoa with 15 cabin and 260 steerage passengers. A stop at Halifax will allow a number of additional passengers to embark.
MENTIONED IN THIS ARTICLE
Palermo
Dodero
Grand Junction Docks
Boston
Naples
Genoa
Halifax
Calendar for Today Dividends Payable Headline
Kellogg Switchboard and Supply pays 3 percent dividend with dates shown in parentheses. People's Gas Light and Coke pays 1 84 percent on August 25. Books open for American Gas and Electric and International Nickel. Loose-Wiles Biscuit and Nashville, Chattanooga and St. Louis pay first and second preferred. Pacific Coast company pays first and second preferred.
MENTIONED IN THIS ARTICLE
Kellogg Switchboard & Supply
People's Gas Lt
American Gas & Elec
International Nickel
Loose-Wiles Bisruit
Nashville, Chattanooga & St. Louis
Pac. Coast. Com
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Kidder, Peabody & Co
All Street On
York
Devonshire Street
Investment Securities
Foreign Exchange Letters of Credit
Baring Brothers & Co., Ltd
Illinois Central
New York Market
Tamarack
Torrington
Trinity
United Frui
U S
S Steel
Utah Cop Co Si
West End
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Boston E Sly
Cactus
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First National
Goldfield
Houghton
Majestic
McKinley
Ohio
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Verde
al Es
Angie Am Oil
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Ely Consolidated OS
Adage Sa
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Sub
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Ase Am HL Pf Co
L Seed Pf
BOO Am Smelt & RK
Aan Steel
Anaconda Ee
Eas Te
At&sf Qbig
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Baldwin
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Cal Pet Corp
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Goodrich
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Fanee
Temiskam
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Booth
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F O'Brien G
Daisy
Hollinger
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Dome
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Ton
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Bailey
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el i Ko
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