Markets Show Strength Amid Dulness Across Cities
New York total sales 52,139,000 shares for 1913 year to date and Boston 3,182,955. most active NY Steel common 27,200 shares. Alaska Gold 1910 shares leading Boston. Gains: Am Tobacco in NY up to 230, United Fruit up 4 in Boston. Losses: Am Express down 1234 to 130 in NY, Boston & Providence down 10 to 250. Call money NY 2 to 2 1-4 per cent, Boston 3 per cent. Time money NY 3 1-2 to 6 per cent, Boston 6 to 6 1-2 per cent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Alaska Gold
Am. Tobacco
Am. Express
United Fruit
Providence
Market activity tied to crop conditions and drought
New York stocks edged higher late after persistent drought signals in the West and Southwest kept corn options buoyant. Wheat prospects improve in Missouri, while express shares fall on ICC rate cuts and Mexican National Railway weakens on dividend suspensions. Bond activity remained irregular with modest money demand and total par value $1,111,000.
MENTIONED IN THIS ARTICLE
New York
Missouri
London
Inter-State Commerce Commission
Mexican National Railway Second Preferred
Tampa Electric declares dividend on capital stock
Tampa Electric Company announces a cash dividend of 42.59 per share on its capital stock. The dividend is payable August 948 to stockholders of record at the close of business August 6, 191%. Tone & Webster, Transtek Agents.
MENTIONED IN THIS ARTICLE
Electric Company
Tone & Webster
Transtek
Boston Stocks Mixed as Alaska Gold Leads Activity
A quiet yet notable trading day in Boston featured Alaska Gold rising to 185-8 while Steel common climbed to 60 and United Fruit jumped to 1701-4. Calumet and Hecla dipped to 395 before closing at 400, Amalgamated edged up to 71, and Boston & Providence fell to 260. The Wolverine report unveiled earnings near $600,000 with per share near $10, Osceola and Tamarack costs and six month profits also reported.
MENTIONED IN THIS ARTICLE
T&t
Atlanta
Midway
Florence
Alaska
Butler
Amalgamated
Umbe
Ag Chem
M'n’ra
Ag Chef
Ralley
Kerr L
Buffalo
Tel & el
Nipis’ng
Atchison
Bos Elevated
Cr Res
Temisk'g
Foster
Bos & Albany
Gifford
Bos & Corb
Gr North
Wettlau
Bos & Maine
N Dome
Bos & Maine Pf
Big D
P Lake
Bos & Prov
Dobie
Butte Ballak
Butte& Sup
Lake
Cal & Arizona
R Mines
Cal & Hecla Aest
Holler
Centennial
Jupiter
McIntyre
Alta
East Butte
New Hills
Franklin Ceere
Mohawk
Nevada Co
New Arcadian
Ny&nh
Ny&n Hrtech
North Butte
Old Colony Minch
Old Colony
Old Dominion
Osceola
Pond Ork
Pullman Co
Ray Consol
Reece But Hole
Shannon
Shattuck-Ariz
Sup & Bos
Tamarack
Torrington
Trinity
Union Pacific
United Fruit
U & Smelt Pf
US Stee
Steel Pf
Utah Apex
Utah Consol
Utah Cop Co
Wyandot
Ex-divi
Boston
Alaska Gold
Steel Common
Calumet
Hecla
Steel
Boston & Providence
New Haven
Wolverine
Osceola Consolidated
Bond market notes sale to R L Day Co edges out rivals
Bond & Goodwin sold a Worcester County temporary loan of 40000 due December 15 in Greenfield and District No 1 bonds totaling 50000 by seven notes dated June 1 with annual 3500 for 1914 18 and 3250 for 1919 28. Other bidders were Blodget Co and Estabrook Co.
MENTIONED IN THIS ARTICLE
Bond & Goodwin
Worcester County
Mass
Greenfield
R. L. Day & Co
Blodget & Co
Estabrook & Co
Wolverine earnings and production in 1913 report
The Wolverine fiscal year ending June 20 1913 shows net earnings of 601 514 dollars at 10 a share on 60 00 shares. Surplus reaches 748 034 dollars at 12 46 a share. Costs 8 665 cents per pound vs 7 856 in 1912. Copper output 8 350 000 pounds down from 9 408 000. Production drop due to lower ore content. 15 012 tons of waste hoisted (3.7%). Future plans not announced. four years to property limits with possible royalty deal on Calumet. New Haven convertible issue oversubscribed risk. Boston underwriters named.
MENTIONED IN THIS ARTICLE
Wolverine
Calumet
Plan proposed for drastic reorganization of U S Worsted Company
Turner Tucker & Co. outline a plan to cut capital from 16 million to 9.3 million with 5 million in first preferred stock, 3 million common, and 1.3 million of 10 year sinking fund certificates to liquidate a 1 million bankers’ advance. Holders swap into new common equity. par value drops to 50 dollars per share. Traders note American Express stock movement and copper output from Chino Copper. a potential Massachusetts co-receiver movement for Walpole Tire & Rubber follows.
MENTIONED IN THIS ARTICLE
U. S
Turner, Tucker & Co
R. C. Fisher
Walpole Tire & Rubber Company
Massachusetts
Hotehkin & Co
Chicago Market Bid and Asked Figures From Armour Listings
Market page shows Armour bids and asks with percentages across items like Ss and Ry securities. Listings include multiple price points such as 4408 for Armour stock and various percentage levels from 97 to 100 across different classes.
MENTIONED IN THIS ARTICLE
Armour
Nomination Committee Elected for Boston Stock Exchange Officers
William E Bright and others are elected to form a nominating committee to submit officer candidates for the Boston Stock Exchange for the coming year. Copper output figures show Wolverine at 568000 pounds last month with prior months. Jernest Luce leaves Hichborn Luce to join Connant Young. Chino July production hits 4831185 pounds, best on record, vs June 3904000 and July 2100000 in 1912. Spiller prepares for a London continent trip. Miami copper output last month 2890000, vs June 2612000 and July 3027000 in 1912. Anaconda July output 21181240 pounds, vs June 21500000 and July 1912 23000900.
MENTIONED IN THIS ARTICLE
William E. Bright
Walter J. Brown
Hatherly Foster, Jr
Homer Goodwin
William B. Long
William B. Stearns
Francis W. Welch
Boston Stock Exchange
The
Chino
Senate tariff talks make progress on woolen and metal schedules
In Washington on August 4 Democrats and Republicans in the Senate debated prosperity and the business outlook while examining the woolen and metal schedules of the tariff bill and reported some progress.
MENTIONED IN THIS ARTICLE
Washington
Senate
Tariff Debate Echoes Across Senate Verbal Clash
Senators clash over the pending tariff as Stone cites manufacturer optimism while Gallinger and Williams question timing and voters. Meyers voices Western support for free raw wool amid a wool schedule debate with multiple colleagues weighing in on protection, shoddy, and industry prospects.
MENTIONED IN THIS ARTICLE
Stone
Missouri
Gallinger
Williams
Meyers
Montana
West
Warren and
Smoot
Myers, Walsh and Marine
Mackerel, Groundfish Flood Port Amid Ship Arrivals
Mackerel were plentiful at the waterfront with four cargoes landed and groundfish in abundance. Swordfish fetch low prices due to large arrivals. Twenty vessels entered the port with mixed catches. daily totals rose high. Bananas and oranges aboard United Fruit's Esparza, after a Port Said voyage, encountered a severe electrical storm. Lumber cargoes reported from Flora N and others.
MENTIONED IN THIS ARTICLE
T Wharf
Haddock
Adeline
Jorjina Sivceevs
Conta
Genesta
Hutchins
N. Franklin
EB. Nunenin
H. Heckman
Virginia
Cod
Hake
Pontiac
United Fruit
Esparza
Port Said
Gulf
Flora N
B B. Hardwick
Shipping News Arrived With Wide Vessel List
A long list of steamers tugs schooners and barges reported arriving or in port includes Numidian Glasgow Evangeline Ellis Charlottetown P E I Massachusetts Colberth New York Bay View Cooper Belfast etc. Vessels from Rockland Bath Portland Newport News Norfolk Baltimore and more are named along with towing barges and dredging fleet work.
MENTIONED IN THIS ARTICLE
Numidian
McKillop
Glasgow
Evangeline
Ellis
Charlottetown
P. FE. I
Massachusetts
Colberth
New York
Bay View
Cooper
Newport News
Charles F. Maser
Machen
Baltimore
Belfast
Curtis
Bangor
City of Rockland
Hawthorne
Bath
Ransom B. Fuller
Linscott
Portland
Kershaw
Johnson
Ray Port
Berranger
Lynn
Quetay
Porter
Weymouth
N. C
Hugh John
McKinley
Sherbrook
N. S
Ruthie Merrill Wallace
Norfolk
Loring
Ballard
Kelley
George R. Bradford
Littlefield
Rockport
Flora M
Bonnafaut
Princess of Avon
Walsh
B. B. Hardwick
Trahan
Plympton
Calvin Austin
St. John
N. B
Governor Cobb, Co
Malden
Sewall
Badger
Somers N. Smith
Edgewater
Salem
P. O'Riorden
Herbert
Newburyport
Channing
Scituate
Nellie
A. R. Co
Covington
Idaho
Irvington
Perth Amboy
Parker’s Flats
Rockland
Tacony
Banking houses urge bond purchases as top investment
Conservative bankers urge the public to buy high grade bonds now claiming the income yield is the largest in a generation with potential principal appreciation. A series on bonds including amortization and yield terms is set to run, starting July 30 and continuing August 6 in the Boston Post.
MENTIONED IN THIS ARTICLE
Boston Post
Ice Rate Schedule Approved for Plympton to Cape Towns
The New York New Haven Hartford Railroad enables ice shipments from Plympton to Fall River Barnstable Sandwich and other Cape Cod towns under a new freight rate schedule. The Public Service Commission approved the schedule allowing it to take effect without the usual 30 day notice. The new ice rate is not a reduction but a known introduction of shipping ice where none existed before.
MENTIONED IN THIS ARTICLE
Massachusetts
Plympton
Fall River
Barnstable
Sandwich
Cape Cod
New York, New Haven & Hartford Railroad Company
Public Service Commission
Ice freight rates sought for Cape towns by Boston dealers
Boston ice dealers asked for a schedule of freight rates for ice to cape cities and towns. Previously no ice shipments reached that area and no freight schedule existed. This winter’s conditions prompted dealers to request formal ice rates.
MENTIONED IN THIS ARTICLE
Boston
Cape Cities
New License Board Named in New Hampshire
Concord New Hampshire August 4 The new Board of License Commissioners was named by Governor Felker and the Executive Council Edmund Sullivan of Berlin will chair for six years Dr Augustus A P Brien of Manchester serves as treasurer for four years and William J Britton of Wolfboro for two years New Hampshire had no board since July 1 when the old board left office
MENTIONED IN THIS ARTICLE
Concord
N. H
Board of License Commissioners
Felker
Edmund Sullivan
Berlin
Augustus A. P. Brien
Manchester
William J. Britton
Wolfboro
New Hampshire
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Dulness
Express
Adverse
Commerce Commission
Calumet & Hecla
New York Market
Smelt & R
Ohio
Deere & Co
Erie
Goodrich
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People’s Gas
Pitts Coal
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Rumely
Rumely Co
St Lou & Sn F
Tol Si & W
TSL& W Pf
Rinion Pacific
USCIP
Abe Va
Boston Stocks
Tampa Electric Company
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del & Hudrig
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den & RG A
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David E. Carter
Rexford St
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Mary A
Daniel T. Desmond
Merriam St
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St Leonard St
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Haley
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At & A.em
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Somerville
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Murdock
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Austin St
Nickerson
Chelsea
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Augustus Nickkerson, Jr
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Robert
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Holland
P. m
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the Angel Church
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Barbara A
Estabrook) Smith
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Jamniea Plain
George B
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Emsella Terrace
Wallstab
Hyde Park
Robert E. Pommer
Greenwood Sq
Henrietta
Old Calvary
Michael M’carthy
Calvary Cemetery
Mary G. Fitzpatrick
Margaret T. Barter
Bromfield St
Pr. FE
Murray, JR
Roxbury St
Cor
Shawmat Ave
Duile St