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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 02, 1913

Page

10

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Kellogg Switchboard & Supply People's Gas Lt American Gas & Elec International Nickel Loose-Wiles Bisruit Nashville, Chattanooga & St. Louis Pac. Coast. Com

Also Mentioned on This Page

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 Winona Wolverine Wyandot Boston E Sly Cactus Bay State Gas Boston Ely Davis Daly i First National Goldfield Houghton Majestic McKinley Ohio South Lake Verde al Es Angie Am Oil Braden Copper COD Consol Ely Consolidated OS Adage Sa Aicmene Hills Stewart Toby West Pacific Money Markets Treasury Steree Sub Treasury Opera Bs&f Ase Am HL Pf Co L Seed Pf BOO Am Smelt & RK Aan Steel Anaconda Ee Eas Te At&sf Qbig Atasf Pf Baldwin Beth Steel Cal Pet Corp Can Pacific Ches & Ohio Alg Dee Chino C Org Erie Goodrich Louis Nas Mackay Nor & Wes Fanee Temiskam Atlanta Trethewey Blue Bull Wettlaufer Ll Booth Big Dome Comb Frac Florence Dome L F O'Brien G Daisy Hollinger Jupiter Jim Butler MelIntyre Dome M'Namara Pear Lake Midway Mizpah Montana PE Dome Rea Mines Swastika Res Eula W Dome Ton Bel Alta Ton Ext Beck Ton Ton Oro Colo Bailey Crown Beaver Buffalo Dermijohn City of Cob Iron Bros Cobalt Lk King Wm Coniagas Lwr Mam Cro'n Res Mason Val Foster Gifford New Hills Opoho Gt North'n Hargrave Princes ON Kerr Lake Seven Tr la Rose McK-Dar Sioux Nipissing Uncle Sam Pet Lake UN Tintic Victoria Rochester Wilbert Penn Rock Island Rock Island Rf Seaboard Air L Sl&sf 2d Pf Southweres Sears-Rootuck U S Steel Boston Stocks AT & T Gulf Fs Ag Chem Pneu Pf Tel & Ta Atchison Bos Bos & Maine Butte Ballak Cal & Arizona Cal & Hecla Chino Daly West General Slec Greene Can Indiana North Rutland Swift & Etc Ody Chicago May Park PS Lard AD Ll Il If One Ereeters Spee Minneapolis Duluth Kansas City Toledo High Point Rye Fee Eeree Ove Wee Philadelphia Market Phila Cc JT of 3A & P Phil Trac Tonopah Ehigh Penn Beit State Street Nevada Consolidated Quebec Railway, Light, Heat & Power Co Interstate Commerce Commission August Brown Shoe Company Burns Bros Emerson-Brantingham Marconi Wireless United Cigar M Waters-Pierce Oil Pierce Oil Corporation Waters-Pierce Waters-Pierce Oil Company Higginson Public Utility Securities Connecticut Power Co Dallas Elec Co Eastern Texas Edison Biss Ill Co Brockton el Paso Elec Co el i Ko Fall River Gas Works Co Galventon-Houston Elec Co Suoecll Lt Corp Asd Nonhan Texas Elec Co Nee Vice Investment Co Eresar Lt & Pr Co Everteaeereseee Lt Securities Co Ee Railway & Pa Sierra Pacific Eleo Co O Co Tampa Chicago Market Sears-Roe Booth Fish Sw & Co Gio Oke Canal & D Stone Rys el Rys Anhnot&t Morris United Light & RY United Light & Railway Co Inc Metal Markets Augusties Cciys Serena Stock Exchange Helei Ry & Nay Ge-Brown Pict & el Stlim & S Rig Icstpm Ombs Pes Wi Sr MO Ri & P Debs CRI Allis-Chimers T&t T&so Pacific Rig I. Or Bic Union Pac Ince As Eaics Union Pac Rig Beth Steel Hee Steel Teather Wabash Ches & O SAS Cl Bos Abe Central North Pacific Wisconsin Cen Wisog Ae Eae Eae Nees General Motors Stevens Lowell Kuhn, Leeb & Co Watertown Illinois Central Equipment Trust Hartford Dun Bradstreet’s Los Angeles Shipping News S. S. Pierce Co. Distributors
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