Market Summary of Yesterday's Stock Activity
Yesterday's market totals show New York sales at 375,200 shares and Boston at 27,643 shares. The most active New York issue was Steel common with 54,900 shares. in Boston it was Butte & Superior with 2,650 shares. Jan 1 to date totals list New York at 83,403,500 shares and Boston at 7,830,336 shares, against last year's 66,692,100 and 3,659,916 respectively. Major gains and losses appear with Am Snuff preferred rising to 111 1/2 and Am Tobacco dropping to 272 ex-div.. Pullman Co. up 4 1/4 to 169 1/4 in Boston. Amoskeag Mfg. common down 1 1/2 to 81 in Boston. Call money in New York 2 3/4%, Boston 3 1/2% to 4%. Time money New York 3 1/2% to 4 3/4%, Boston 3/4% to 5 1/2%.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Butte & Superior
Tobacco
Pullman Co
Amoskeag Mfg. Common
Ill Steel
West T & T
Algomah
Bos & Alban
Bos & Lowell
Bos & Maine
Bos
Butte & Sup
al & Arizona
Chino Ce
Hancock
Indiana
Maine
Mason Valley
Ny& NH
Nipissing
North Butte
North Lake
Old Colony Mineteee
Old Dominion
Pond Ork Coal Tenons
Rock Island
St Mary’s
Santa Fe
Shannon
Shattuck-Ariz
Sup & Bos
Superior
Swift & Cotte Ee Enee
Tamarack Ee
U S Smelts
Eeee
Stock Market Modest Rally Amid Bank Visa Turmoil
Stocks eased in afternoon trading as railway issues faced selling pressure from Panama Canal agitation in Washington. Coppers and equipment shares led gains with China shares rallying in metals. Pullman Car hit multiyear highs while American Tobacco lagged. Late-day recovery came after Senate refusal to override the President on steel tariff.
MENTIONED IN THIS ARTICLE
New York
Washington
China
Pullman Car
Canadian Pacific
Union Pacific
St. Paul
Reading
Lehigh Valley and
Steel
Senate
London
Bank of France
Paris
Berlin
United States
Blackstone Valley declares dividends in 1912
Blackstone Valley Gas and Electric Company announces a quarterly dividend of 1.50 per share on preferred stock and 2.00 per share on common stock, payable September 8, 1912, to stockholders of record August 16, 1912. ITC Webster and Massachusetts Bonding and Insurance Co. act as transfer agents. Anagus 1919 John Burnett, Treasurer.
MENTIONED IN THIS ARTICLE
Blackstone Valley Gas & Electric Company
ITC, Webster
Massachusetts Bonding and Insurance Co
Anagus
Copper Market Mix In Boston Slumps Despite Some Gains
The Boston market August 16 shows muted copper activity with Mayflower and Old Colony inching up but overall prices retreating. Butte & Superior trades 2650 shares with a close at 45 cents down 5-8 from the day. Chino and Ola Dominion rise, Superior & Boston and Mass Consolidated show moderate gains amid irregular tone. Most producers sold ahead to October or November. Copper price remains 1734 cents a pound.
MENTIONED IN THIS ARTICLE
Boston
Mayflower
Old Colony
Butte & Superior
Chino
Ola Dominion
Superior & Boston
Mass. Consolidated
Bohemia Leads Curb List Over Butte Central
Bohemia surged to the curb list leadership yesterday with strong, active play and gained a full point from $8 to $4. Butte Central remained near 712 while Majestic fluctuated from 48¢ to 60¢ as detailed price movements are reported.
MENTIONED IN THIS ARTICLE
Bohemia
Butte Central
Curb
Majestic
State Street Topics on Wabash bonds and rail stocks in play
Wabash securities attract attention as traders test the proposed reorganization plan. Missouri Pacific and Katy lines influence Wabash, while Bethlehem Steel common and preferred are active with dividend prospects. Atlantic Coast Line options, Louisville & Nashville rights, and National Shawmut Bank yields feature in ongoing market chatter and dividend expectations for 1912.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Mineral vein found near Nipissing and Cortez assets
Hydraulic mining at Nipissing reveals a high grade ore vein likely extending vein No 28 along with several smaller veins. Cortez Associated Mines reports current assets as of December 31, 1911 totaling 128 095 with 108 042 cash and accounts payable at 77 leaving current assets 128 018.
MENTIONED IN THIS ARTICLE
Nipissing
No. 28
Cortez Associated Mines
Weakness in Liverpool Stuns Cotton Bulls on August Market
In Liverpool and worldwide trading on August 16 the cotton market shows nerves as bulls retreat amid forecasts of limited rise. Lower Manchester demand and continental selling dampen futures while spinners cut intake. Rain rumors sweep Texas as speculative bulls stay active yet spot interest remains bearish.
MENTIONED IN THIS ARTICLE
Liverpool
Bull Crand
Texas
Manchester
Metal markets show dulness on New York Exchange
The New York Metal Exchange held a dull and steady tone with copper unchanged for nearby delivery and 14 cents higher for late delivery. Prices quoted for August 16 and August 15 show spot and contract bids at 17.00 to 17.50 for standard copper, with similar ranges across electrolytic and casting copper. London market figures echo modest gains in copper and firm leads in tin and lead.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
London
Money Market Steady With Quiet Borrower Hesitation
The money market shows no change with rates raised to deter new commitments. Borrowers hesitate while many have already supplied their needs, keeping liquidity relatively calm. Foreign exchange remains steady with demand sterling near 4.87 and New York call money around 23-4 percent. Time funds quoted for 60 days 31-2 to 33-4 percent, 90 days 4 percent, four months 41-4 to 41-2, six months 43-4 percent. Local money rates and foreign exchange quotations follow.
MENTIONED IN THIS ARTICLE
New York
Call Money
Bond Market Notes and Railroad Equipment Financing
Speyer and Co. bought 2.25 million dollars of Frisco Construction Company 5 percent equipment notes guaranteed by St. Louis and San Francisco. Notes dated Sept 16 1912 payable semiannually March 15 and Sept 15 with 20 installments. Equipment securing issue valued at 2.716 million with 17.2 percent cash down and balance in equipment notes. Equipment list includes 40 locomotives and multiple car types. Bay State Street Railway authorized to issue coupon notes up to 2 million dollars at 6 percent. Winthrop Mass invites bids for a 25 thousand dollar temporary loan due 1918. Everett Mass invites bids for 62 thousand dollars 4 percent street notes 1913-1999.
MENTIONED IN THIS ARTICLE
Speyer & Co
Frisco Construction Company
St. Louis
San Francisco
The
Railroad Commission
Bay State Street Railway Company
Everett
Mass
Trade Review Sees Further Activity Push Amid Optimistic Crop Outlook
R G Dun weekly review notes sustained improvement in industrial and trade conditions with a mid August crop outlook reducing risk of damage. Dry goods show strength aided by scarce production, while cotton goods face slight softening from lower raw cotton. Jobbers and retailers buy more high priced goods. export trade slows though orders remain steady. Leather and footwear demand stays firm but prices temper buying. Packer hides rise, upper leathers steady. overall business steady but constrained by tight supplies. US failures 288 vs 232 last year, Canada 83 vs 34.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
China
United States
Canada
Bradstreets Review Highlights Upturn in Trade and Crops
Bradstreets State of Trade notes a generally upward trend in trade, crops, and industry with improved farm yields and larger fodder crops. Iron and steel remain strong, wholesale activity rises in many regions, though some eastern areas show softer dry goods orders. Bank clearings ease slightly. weekly business failures total 221.
MENTIONED IN THIS ARTICLE
New York
Bradstreets
United States
Canada
Telegraph
Kansas City Railway & Light Note Holders Form Committee
A committee of bankers including John B. Dennis James J. Storrow and Paul Warburg is formed to protect holders of 6 percent notes of the Kansas City Railway & Light Company. With notes maturing Sept 1 1912 deposits may be made with New York Trust Company or Old Colony Trust Company Boston by Sept 16 to secure interest deposits for holders.
MENTIONED IN THIS ARTICLE
Kansas City Railway & Light
John B. Dennis
Blair & Co
Samuel B. Fuller
Kissell, Kinnicutt & Co
James J. Storrow
Lee, Higginson & Co
Paul Warburg
Kuhn, Loeb & Co
Kansas City Railway & Light Company
New York Trust Company
Trust Company
Old Colony Trust Company of
Boston
Hawaii Bond Bids Reported For 4 Percent Public Improvements
Six bids totaling 3.51 million dollars were placed for 1.5 million in Hawaii 4 percent public improvement bonds by D L Conkling treasurer of Hawaii. Bidders included Mayer Deppe Walter Breed Harrison Otis Co and National City Bank with prices ranging from 92.75 to 100.75 and an average bid price of 100.5881 plus interest on 1985 basis. Conkling has not yet made an award.
MENTIONED IN THIS ARTICLE
Hawaii
Territory
D. L. Conkling
United States Mortgage & Trust Company
New York
Jesse CC. Mayer
Cincinnati
Mayer, Deppe & Walter
Breed & Harrison
Otis & Co
Cleveland
Joseph T. Elliot & Sons
Indianapolis
National City Bank
Lawrence, Barnum & Co
Wolsom & Adams
Fisk & Robinson
Bankers’ Trust Company
Bishop & Co
Honolulu
First National Bank of
Wailuki
Conkling
Also Mentioned on This Page
Kidder, Peabody & CO
Wall Street
Devonshire Street
Albany
Worcester
Providence
Springfield
Hartford
Eeeersee
Ats
T&se
ATE& SF
AICL
Peter Ee
Ohio
Cm& SP
Erie
H’m Exp
Aiee Ae
Lehigh Valley
Liggett & My
Wiles Co
Bing
Lorillard Co Seat Ene
Louis Nash
Nat Biscuit
Nat Biscuit Pf
NY Ia
Or & Wes
Pitts Coal Pf
Ress Ee
Press
S Pf
Pub Ser of NJ
Pullman Ee
Y St Spg
Ray Consol
Cere
Eeaeve
Texas Co
Texas Pacific
Tolly & Light
Union Acific
Ry Invec
Ip&f
US Steel Pf
Seeese
Utah Copper
Kirc C
Seeee
Seene BS
Wells-Fargo
W. West Union
Maryland
Westinghom
Pawtucket
Johy
Boston Stocks
Ion x
Bos & Corbi
Nevada
Bay State Gas
Bingham Mines
Butte & London
Ae Tih
Boston Ely
Ereres
Cosceel
Sahiner
Hollinger
South Lake Weeree
Stewart Eee
Utah Metals
el Paso
Ely
Florence Goldfield
Giroux
Goodrich Rubber
Greene Cananea
Wettlaufer
Braden Cop
Chicago Eleves
London Market
Fone Eee
Emer
Amalgamated
Eee
Onda Mining Sereoese
Atchison Hoor & Santa Fe
Atch Topeka & Santa Fe Pf
Geen
Baltimore & Ohio Ee
TEP
Chesapeake & Ohio
Great Western
de Boers
St Paul
Erreegers Erie
Illinois Central
Louisville & Nashville
Missouri
Kansas & Exas
New York Central
Eresateces
Norfolk & Western
Beese
Norfolk & Western Oo
Aes
Ontario
Peeseresere
Pennsyvania Or Everone Eewsevee Sete Reese
Baddaenas Becaiceboed
Aeons Railway
Seweereesarsesage
Southern Peice
Thern Pacific
Eree Pease
United States Ee
United States Steel of
Sens
Nears
Avera
Seetebeone
High Point
Teeseese
Northwest
Chicago
Minneapolis
State Street
Missouri, Kansas & Texas
Katy
Bethlehem Steel
Aecon
Atlantic Coast Line
Louisville
Bank and Trust Company
National Shawmut Bank
National Bank and Trust Company
Shawmut Bank
Pennsylvania
Pennsylvania Company
Panhandle
Gibbs Peete
Enase
York
Sveweee Ee
Ce Eceveses Sae
Metal Markets
Atlanta
Blue Bull
Oneta
Ooth Sees
Pearl L
Poreu Gold
Porcu Imp
Florence
Porcu Tis
Pres FE Dom
Jim Butler
A Mines
Umbo
West Dome
Midway
Beck Ton
Black Jack
Montana
Mizpah
A Cedar
North Star
Sa A
C’bus Con
Crown Pt
Ton Bel
Demijohn
SA Centra
Caver
Pee King
Buffalo Te Ene
Litell
Chamber
Mam
City Cobalt
Mason Val
Obalt L
Ay Day
Coniagas
Nevi
Crown Res
Pono
Gt Northam Prince
Hargrave
Peterson L
Sioux Cen
Sil Leaf Sete
Temiskam
Uncle Sam
Trethwy
Crown Char
Victoria
Wilbert
Dome
Money Market
Grior Ok
Vranes
Reichsmarks
Winthrop
Cuba
R. R. Minn
St. P
Dun
Bradstreet’s
Norwalk Steel CO
Crucible Steel CO
Robert C. Hall
Pittsburgh Stock Exchange
Fourth Ave
Pittsburgh
Bell Phone P. & A
the Industrial Investment Co
Sears Building
the Securities Corporation
Megargel & Co
R. A. Bonds
White Investing Co
New England
Chesapeake and Ohio
Chino Copper
New York Railway
Sr Ag
St’ling
Brown Bros & Co
Peeccus
Bethleh Steel
Ches & O Ae
Ches& Or&a
Esses Cmil & Dep
OM & St
Penne Bse Biscaee
Breese den & RG
Dist 8 Corp
Sco
Nor & W Diy
Norf & W
Coal & Coke
UN & x
du Pont de
Pacific T & S
Lorillard
Indiana Steel
Trust Co
Setae
Sane
Liggett & M Ks
Lignott &Me
L&n
Ds Aes
Mob& C
Ny Aakers & Ee
Bs Acd
Nynh&hert
Nynh&hnc
Wesene
M&s
LIM & Riv & Gulf
Eenes Seab
Ladj
Tennci& Rrs
Union Pac
Red & R
Weresk
Obes Wes
Philadelphia Market
Aid A
Am Cement
Phila
Am Rys
Cam Steel
Vrof NJ
Ay el Co
Phila R T
Ae el Star Bat
Belmont
J & Leash
Lc&n
M&ecs
Tech Valley
Penn Steel
Welsh Col Ss
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