Bears in Complete Control of Market
Market summary shows New York and Boston stocks with totals and leaders for the period. Steel common leads activity, with notable gains and losses in National Biscuit, General Electric, Rutland R. R. pref, and Calumet & Hecla amid selloff. Ex-dividend and bonds volume small next.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
National Biscuit
General Electric
Rutland R. R. Pref
Calumet & Hecla
Local market rally follows Steel common surge
Bearish traders dominated the session as Steel common led a broad move. Amalgamated American Telephone General Electric and others followed, with copper showing little public participation. The day closed at the session low as activity remained broad and trading heavy.
MENTIONED IN THIS ARTICLE
New York
Steel Common
Steelcommon
Amalgamated
American Telephone
General Electric
Chicago Junction Rys Stock Yards plan to secure investment return
A stockholders circular led by Richard Olney caused confusion as to the need for action. The Chicago Junction Railway and Union Stock Yards Co. reorganized decades ago amid rival interests. To protect returns, three-quarters of common stockholders agreed to relieve control while securing principal and interest.
MENTIONED IN THIS ARTICLE
Richard Olney
Chicago Junction Railway & Union Stock Yards Company
Stock Yards Company
Gary
United States Steel Corporation
Chicago
Clarence W. Barron
Boston News Buresiu
Chicago, Burlington & Quincy
Union Pacific
Western
New England
American Glue Company offers 4000 new preferred shares
Directors announce a 4000 share issue of new preferred stock at 145 per share with 1 for 6 subscription rights for both common and preferred holders until August 21. The issue would raise 400000 to total preferred stock outstanding of 2000000.
MENTIONED IN THIS ARTICLE
American Glue Company
Boston Market Stock and Bond Market Report
The Boston Market notes stock and bond price movements from the day plus total sales and comparison with previous close. This market brief records price changes and volume across bonds and equities observed in Boston trading.
MENTIONED IN THIS ARTICLE
Boston
Curb Market Slumps on Calaveras Bear Raid
Calaveras led yesterday's Boston curb market with its price sliding from 2.00 to 0.94, then rebounding to 1.25 amid heavy selling. The move is attributed to a bear raid as Nevada Utah and Rhode Island Coal also attracted attention. Full curb fluctuations are detailed.
MENTIONED IN THIS ARTICLE
Arm Ag
Associated Oil
Ball & Ohio
Batopilas Mi
Beth Steel Eace
Bklyn R Twanet
OM &S Po
China
Aigenaey
Dss&a
Erie
Lehigh Valley
Long Island
Nat Biscuit
Nych&sl
NY & NH
Nor & West
Nor Pac See
Pac Mae
T&t Eee
Penn
pPccé&st Eees
Pitts Coal
Ry St
Ian Eere
Calaveras
Nevada
Utah
Rhode Island
Acme
Ariz Can
Bay State Gas
Boswyocolo
Corbin
Davis Daly
East Dome
Germany
Goldfield Consol
Tlm
Os Hollinger
Ion Hill
Majestic
Massoletti
Mollie Gibson
Douglas
Ohio
Oneco
Yukon
Speyer Co Sells Corn Products Bond Issue At Premium
Speyer and Co have bought and sold an issue of one million dollars of five percent gold bonds due 1934 of the Corn Products Refining Company. About 11.7 million of General Electric five percent convertible debentures remain outstanding from a total of 12.875 million, with exchange likely drawing many holders to convert to stock for higher income.
MENTIONED IN THIS ARTICLE
Speyer & Co
Corn Products Refining Company
General Electric
Wolverine Thre Mining Company annual copper output report
The Wolverine Thre Mining Company releases its year end report showing 9,617,168 pounds of copper produced and sold at an average price per pound. The statement details receipts, profits, dividends, and costs of production, with 1911 and 1910 comparisons and notes a production cost of 7.542 cents per pound and an average rock recovery of 24.7 pounds per ton.
MENTIONED IN THIS ARTICLE
Wolverine Thre Mining Company
Trade review shows modest gains amid cautious buyers
R G Dun & Co weekly Review of Trade reports modest improvement across sectors, with iron and steel expanding and railroads sourcing equipment. Dry goods show limited gains as the July cotton report spurs hesitation, fabrics remain in light supply, and mill curtailment tightens inventories. Domestic failures rise to 2382 in the U S and 42 in Canada.
MENTIONED IN THIS ARTICLE
New York
R. G Dun & Co
Fastern
New England
United States
R. G. Dun & Co
Canada
State of Trade Shows Mixed Conditions and Export Shifts
Bradstreet reports irregular trade due to crop fears with some improvement at larger centers as merchants buy for future delivery. Retail demand is quiet while cereal prices rise. iron and steel show strength but price cutting persists. Bank clearings fall 3 percent. weekly business failures rise. grain exports to Aug 8 exceed last year with five week totals up.
MENTIONED IN THIS ARTICLE
Bears
Canadian Pacific
Atlantic Coast Line
Union Pacific
Reading
and Steel
Washington
Congress
New York
Clearing House Association
Europe
Bradstreet
United States
Canada
Telegraph
Dividends Declared by American Radiator Company
American Radiator Company declares quarterly 13 4 per cent preferred dividends to stock of record August 7 with books closing August 7 reopening August 16. Common stock 2 per cent dividend for September 30 to stock of record September 21 with books closing September 21 reopening October 2.
MENTIONED IN THIS ARTICLE
Edison Elee
TOS
Portland
Pullman Co
Seattle
Swift & Co
United Fruit
Algomah
Gulf
Boston Corbin
Giroux
Hancock
Indiana
Inspiration
Island Creek
Isle Royale Sree
Keweenaw
Kerr Lake
Lake Opper
Mason Valley
Miami
North Lake Pees
American Radiator Company
Hoyt Wins Leg on Taylor Press Club Golf Trophy
Frank H. Hoyt of Allston defeated R. R. Freeman at Wollaston 3 up and 1 to play in the 36 hole final for the Boston Press Club championship and the first leg on the Charles H. Taylor trophy. Freeman briefly led after a late stretch but Hoyt regained control to win on the 17th green.
MENTIONED IN THIS ARTICLE
Frank H. Hoyt
Allston
R. R. Freeman
Wollaston
Wollaston Golf Club
Boston Press Club
Charles H. Taylor
Hoyt
Freeman
E. T. Manson
Framingham
KE. G. Hudson
Brockton
Manson
Irving F. Marshall
G. F. Freeman
Marshall
Cone
Charles H. Zueblin
Winchester
J. J. Daniels
Death follows heart failure at baseball game
J Henry Watson of Lynn died at City Hospital after suffering heart failure while watching a doubleheader between Boston and Detroit in the American League. Watson, a prominent Lynn shoe maker, collapsed during the unusually exciting inning yesterday.
MENTIONED IN THIS ARTICLE
Boston
Detroit
J. Henry Watson
Lynn
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