Isle Royale Copper Company poised for dividends in 1913
An Isle Royale editor notes the copper property is thriving in the Lake district with rising stock prices and strong mine performance. The lode promises high extractable value per share, with plans to expand production to 15 million pounds and to fund stamping facilities from earnings, potentially starting dividends after 1912.
MENTIONED IN THIS ARTICLE
Isle Royale Lode
Kearsarge
Isle Royale
Market Summary From Yesterday’s Local Lists
Total sales New York 227400 shares Boston 28974 shares. Most active issue in New York Steel common 72700 shares. Most active issue in Boston Butte & Superior 4107 shares. Jan 1 1912 to date New York 79657600 shares Boston 7571112 shares. Corresponding period last year New York 60271500 shares Boston 3290978 shares. Greatest gain New York Studebaker Co 2 1 2 to 411 2. Greatest loss New York Sea aboard Air Line 2 1 8 to 243 8. Greatest gain Boston Calumet & Hecla 3 to 529. Greatest loss Boston United Fruit 9 1 4 to 1933 4. Call money New York 2 3 4 per cent Boston 3 1 2 per cent. Time money New York 3 1 2 to 5 per cent Boston 4 3 4 to 5 1 2 per cent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Butte & Superior
Studebaker Co
Air Line
Calumet & Hecla
United Fruit
Market Ends Mixed Amid Irregular Trading
New York August 6 saw a volatile session with initial gains giving way to heaviness in St. Paul and steel after poor June earnings. Standard shares rebounded briefly before Union Pacific, Canadian Pacific, and sugar drifted markets lower again. Canadian groups and Bethlehem Steel favored, while American Tobacco and Texas Company eased. July producer coal and Rock Island results influenced moves. London reopened after holidays as granger shares rose modestly. Bond trading remained irregular with a $2,228,000 par value in total sales.
MENTIONED IN THIS ARTICLE
New York
St. Paul
Union Pacific
Canadian Pacific
Wisconsin Central
Duluth
South Shore
Atlantic
Studebaker
Bethlehem Steel
American Tobacco
American Agricultural Chemical and Texas Company
Producers’ Association
Rock Island
London
United States
Market Irregularities Drag Stock Prices Amid United Fruit Moves
Boston market shows uneven prices with moderate volume as copper shares weaken and United Fruit declines 9 1 4 points to 1983 4. A leading commission house buys United Fruit on inside account while the company outlines plans to issue stock to finance Costa Rica farm acquisitions and expand control of its output. Officials expect higher earnings and a stock price near 200 by year end with new shares at 150 carrying 8 percent dividends. Chemical shares fall on selling pressure and Butte & Superior stays in demand.
MENTIONED IN THIS ARTICLE
Boston
United Fruit
United Fruit Company
Costa Rica
New York
Butte & Superior
Money market steady with ample call funds and high short rates
Call money remains freely supplied and cheap while time funds are scarce, priced at multiple short-term maturities. New York call money at 23 4 per cent and various six to six month time loan rates hover around four to five percent. Boston and New York clears and balances are listed alongside assorted currencies and metals rates.
MENTIONED IN THIS ARTICLE
New York
Boston
Bence
Cerecerressecs
Gabi Translete
Bankers’ Sterling
Ceeceeeeses
Sheeereeeseser Fa
Vyancs Secret Sree
Trading Quiet at New York Metal Exchange on Aug 6
On August 6 the New York metal exchange saw quiet trading with copper priced as a shade lower and activity muted across markets. Traders awaited clearer signals as volume remained light and prices held with modest skews.
MENTIONED IN THIS ARTICLE
The
New York Metal Exchange
Also Mentioned on This Page
New York Telephone Co
Kidder, Peabody & CO
Wall Street
Devonshire ST. Boston
Isle Royale Copper Company
Lake
Kearsarge Lode
New Jersey
Isle Royale Consolidated Mining Company
Miners’ Copper Company
Houghton
Michigan
Calumet & Hecla Company
P. C
Huron
conserva _tive
Isle Royale Company
New Aréd
Ahmeek
Berkshire Cotton
Otis Elevator
Bay State St. Ry
Boston Holding Co
Massachusetts Lighting
Pere Marquette
Pacific Gas & Elec
United States Envelope
Pope
Hood Rubber Co
Adirondack Elec
Power
American Piano
Tennessee Ry
Milford & Uxbridge
Standard Gas & Elec
L. Sherman Adams
Congress St
Consolidated Stock Exchange of
N. Y
State Street
Broad Street
Atchison
F. X. Lewis
Wilbraham Ave
Springfield
Mass
Springfield Railway & Light Co
Sinking Fund
SEE, Higginson & CO
Chicago
United Fruit and Chemical
New York Market
Amal cCnes Perenne Eaee
Am Cities Co
Smelt & R
Sugar Ee
At&sf
Cm& SP
Diillers’ Securities
Dss&a Pf
Ua Motor Peete
Goldfield
Lackawanna Steel
Mo Pacific
Nevada
New York St K
Nor & Wester
Pacific Air
Emerson-Brantingham Company
Illinois
C. S. Brantingham
William Salomon & Co
Messrs. Kuhn, Loeb & Co
Geiser Manufacturing Co
Waynesboro
Reeves & Company of
Columbus
Ind
Gas Traction Company of
Minneapolis, Minn
Emerson-Brantingham
Rockford, Ill
Waynesbo Cohn Ing
Jg Ng
Ol & Manone
M Guthrie, Bangs & van Sinderen
Messrs
Pam & Hurd
Amsterdam
Messrs. Hope & Co
New York Stock Exchange
Europe
Unsaregood
William
Salomon & Co Bankers
la Salle Street
Keopie's Oss
Pcc&sl
Pitts Coal Pf
Rep I & Spf
Rock Island Ee
Seaboard A
Eareaeteak
Sears-Roebuck
South Pacific
South Ryss
Tol Sl& W
Bee i Beanettre
Union Prie Ae
UN Pacific Pf
UN Rys Inv
U S Realty
U S Rubber
U S Steel
Utah Copper
Wabash
West Union
Westinghouse
Wis Central
Woolworth Pf
Money Market
Metal Markets
New England
Turner, Tucker & CO
Milk Street
Broadway
Waltham Watch Common
New England Investment Sec
Pfd
Georgia Light Pwr
Rws
Norwich
Conn
Gas & Elects
Concord
Maynard & Hudson
St Ry
Waltham Watch Ptd
Leavenworth City
International Textbook Co
Broad Ripple Traction
Elmira Water & Light
Ptd
Atlantic Gulf & Portland Cement of Farmers & Shippers
Tobacc’house
Great Western Sugar Com
Nevada-California
Pwr
Evansville
California-Idaho Co
Lannett Cotton Mills Canadian Yo Quebec Statuary Co
Lockwood To
Waterville, Me
U. S&s Metal Products Common
U. S
Lackawanna Coal & Limber
Lackawanna Coal & Lumber Com
Atlanta
Bir
Niagara Light, Heat & Pwr
Hartford Carpet Common Indian Refining Co
Central Maine Power Co
Austin
Texas
Vampa
Northern
Butte Water Co
W. L. Douglas Shoe
U. S. Metal Products
Buffalo & Susquehanna
Columbian Nat Life Ins Co
Fore River Shipbuild Co
Com
Tockin
State St
Boston, Mass
Cookson’s
Toll Esse Ceereeeese OS
Okcaede