Public Utilities and Industrials Bonds Compared in Yields
The article surveys public utility and industrial bonds, tracing their rise after 1907, their relative safety, and how yields compare. It notes utilities offer stable earnings, often with faster dividend coverage, and discusses franchise terms, plant-backed security, and the greater role of growth in valuations.
Bonds Offered by A Company With Nine Year Earnings Rise
A company issues bonds described as a legal investment for savings banks in three Eastern States. The firm reports increased earnings for the past nine years, highlighting stability and growth potential for investors seeking secure fixed income.
Public service firms show steadier earnings through downturns
During the 1907 panic, public service companies such as the Minneapolis Gas Light Company continued to grow earnings while railroads suffered. The reason lies in their role supplying essential services the public must pay for, even in hard times. The Minneapolis Gas Light record over the past decade illustrates this resilience.
MENTIONED IN THIS ARTICLE
J. P. Morgan & Co
Steel Corporation
Public Service Corporation
Minneapolis Gas Light Company
Markets Continue Active as Prices Firm in Yesterday’s Trade
Market activity remained brisk with New York total sales 509000 and Boston 24351 shares. In New York the top issue was steel common at 124500 shares, while Alaska Gold led Boston at 2406 shares. YTD totals show New York 54707100 and Boston 3343245, versus last year’s 81989000 and 7722763. Notable moves include Del Lack & West up 20 to 415 in New York and St Paul pref down 2 1 4 to 133, with Boston gains by N E Cotton Yarn pref 9 to 75 and Amoskeag Mfg down 1 1 2 to 63 1 2. Call money New York 2 to 2 1 4 pct, Boston 3 pct. Time money New York 3 1 2 to 6 pct, Boston 5 1 4 to 6 1 2 pct.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Alaska Gold
Del
Lack, & West
St. Paul
N. E. Cotton Yarn
Amoskeag Mfg
Foreign conditions buoy New York market on renewed optimism
Stock market gains from overseas signals of improving relations among major powers and a large foreign stake in Union Pacific’s Southern Pacific stock. Southern Pacific and syndicate holdings jump on the underwriting success, while Steel Amalgamated and other industrials rise before profit taking trim advances.
MENTIONED IN THIS ARTICLE
New York
London
Union Pacific
Southern Pacific
Copper Prices Climb as Market Sees Record Highs
Local brokers report brisk activity with 24 000 shares traded led by Alaska Gold Steel common Butte and Superior American Zinc and Amalgamated. Copper prices reach new highs for the movement and Utah Copper reports strong surplus and rising output while Lake Copper is rumored to announce a new assessment.
MENTIONED IN THIS ARTICLE
Boston
Alaska Gold
Steel Common
Butte & Superior
American Zinc
Amalgamated
Utah
Lake Copper
Industrial company list with paternal share notes
A dated catalog-like entry lists multiple firms and preferred stock holdings such as 50 Esmond Mills Pfd, Towle Manufacturing Co 50, Arlington Mills 200, Adirondack Elec Pr Corp 50, Massachusetts Lighting Co’s 10M, Twin State Gas & Elec 444’s 1926 8M, New England Brick Yards 5’s 1925, American Waterworks & Guar Com 50, Maverick Mills Pfd 10 M, Atlanta Birmingham & Atlanta 5’s 1936, U S Metal Products Pfd 50, Pratt & Whitney Pfd 10.M., Tampa Northern 5’s 1936 7M, Louisville & Northern Ind 5’s 1925, Louisville & Southern Ind 5’s 1923 100, U S Light & Heating Pfd 100, Hood Rubber Co Pfd 100, Nashawena Mills 40, Regal Shoe Co Pfd.
MENTIONED IN THIS ARTICLE
Esmond Mills
Towle Manufacturing Co
Arlington Mills
Adirondack Elec Pr Corp
Massachusetts Lighting Co
Twin State Gas & Elec
New England Brick Yards
American Waterworks & Guar
Maverick Mills
Atlanta
Birm. & Atl
U S Metal Products
Pratt & Whitney
Tampa
Tampa Northern 5’S 1936 7M Louisville & Northern Ind
Louisville & Southern Ind
U S Light & Heating
Hood Rubber Co
Nashawena Mills
Regal Shoe Co
For Sale List Of Industrial Bond Holdings In 1912
A catalog of various company bonds and stocks offered for sale including 100 US Finishing Pfd 40 Bates Manufacturing Pfd 52 US Whip Co Ptd 25 Grinnell Manufacturing Co 40 American Glue Co Pfd 20 Library Bureau Co Pid 33 Draper Co Common 50 Waltham Watch Co 100 American Investment Secs Com 10 Norcross Bros Pfd 5M Pere Marquette 6s 1912 50 Pope Manufacturing Com 200 Lackawanna Coal & Lumber Co 10 Union Twist Drill Pid 25 Berkshire Cotton Mills 400 & Envelope Co Com 2500 Swift & Co’s 5s 1014 50 Meriden Gas Co 50 Boston Securities Com 560 Greylock Mills
MENTIONED IN THIS ARTICLE
Bates Manufacturing
U S Whip Co
Grinnell Manufacturing Co
American Glue Co
Library Bureau Co
Draper Co Common
Waltham Watch
American Investment Sec
Norcross Bros
Pere Marquette
Pope Manufacturing
Lackawanna Coal & Lumber Co
Union Twist
Berkshire Cotton Mills
Envelope Co
Swift & Co
Meriden Gas Co
Boston Securities
Greylock Mills
Fragmentary OCR Reads Unclear Numerals and Codes
A garbled OCR passage presents scattered numbers letters and symbols with no clear news event. Readers see a string of misread figures such as 21-16 2 214-16 and 87-16 3h 334ran mixed with scattered letters.
Also Mentioned on This Page
Hornblower & Weeks
Congress ST
Chicago
Detroit
Providence
P.C
P.C. P.C
Bond
Price
Am Tel Col
Detroit Edison
Bklyn Union Gas
Denver G & Elec
Chicago City
ASPTR
Mococci G
Public Service Company
Northern Timeis
Cities’ Service Company
P. C
PC. P.C
U .S. Steel
Tener Ee Westinghouse
Am. Tobacco
Distillers Sec. Cor
Central Leather
Hide & Leather
10 Electric Light Cos
Idi
White, Weld & Co
Devonshire Street
A. B. Leach & Co
Post Office
Henry L. Doherty & Company, Bankers
Wall St
Tstanding
Epee
Gore Sa Herats Downes
GAS Xelectric CO
Railroads
Industrials
Electric Q Companies
Sollers, Phillips & CO. Incorporated
Mass
New York Market
Highley
Am Cities Co
Smelt & R
Realiz
Ate&sf
Rands
Denver Gas & EL
Central N. Y. Gas & EL
la Crosse Gas & EL
S. American Public Utilities
Utah Gas & Coke Ist
Fort Worth Power & Lt
American Public Utilities
H.L. Nason & CO
Blackstone Valley Gas and Electric Company
Pawtucket and Woonsocket, Rhnode Island Common
Stone & Webster
Boston Stocks
At&sf of
Tees
Ohio
Beth Steel
Bklyn
Cal Pet Corp Pf
Pacific Sewes
Ches & Ohio
Cm& P Estes
Cm& SP Pf
CNW
Col FT Eeeeee Esas
Deere & Co
Dl& W
Erie
Goodrich B F Co
Nor
Lehigh Valley
Loose-Wiles Co
Louis Nash
Mer Marine
Jami Copper
Nevada
Ag Chem
Tel & el
Ny&nh
St Mary's
Sup & Bos
Nor & Oe
Nor Am
Nor Pac
Phelps, Dodge
Pacific Mail
Pac
Penn Seus
Pitta Coal P
Pitts Steel
Quicksilver
Reading
Rep I
Rock Island
Rumely
St Louis
Seaboard Air
Sears
The
Texas Co
Third Ave
United
U S Realty
W& LE
Tockin
State Street
Pine Street
Tel
United Light & Railways Company
Middle West
Moors & Cabot Investment Bankers
Massachusetts
Savings
W. Brooks & CO
Bankers
Philadelphia
Wy Swift & Co
Trinity
Tae
Union Land
United Fruit
Pf Ag
I. Steel Pf
Winona
Wollaston
Eane
Wolverine Totel
Boston Ely
Lion
Curb Hill
le Lion Hill
Butte
Csion
Vis Daly Sebee
Eens
Alaska
W. Clark
New York and
Stock Exchanges
Pittsburgh
Davis Daly
Ely Consoli
Giroux
Goldfield
Kerry Lake
Manhattan
Nipissing . Ie