Prices Decline As Liquidation Continues In Stock Markets
Total New York sales reach 804000 shares with Boston at 51162 shares while steel common leads activity in both cities. From Jan 1 1911 to date New York totals 67496100 shares and Boston 3711078 shares, against last year’s periods. Rhode Island coal stock shows strength amid market decline with out-of-town dealers quietly accumulating shares and Boston yard delivering six tons daily with September and October bookings already in place.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Del
Lack. & West
Am. Express
General Electric
Am. Woolen Com
Rhode Island
Curb Market Mixed Trading Seen in Boston List
Calaveras and Rhode Island Coal led the curb market with declines and holds as National Mining Exploration rebounded to 15 cents after a dip. Bay State Gas resisted under 20 cents while some trades occurred at 19 cents and 9 cents dominated broader activity.
MENTIONED IN THIS ARTICLE
Calaveras
Rhode Island Coal
National Mining Exploration
Bay State Gas
Market Action Turns Rough as Bears Cover Then Reassert
The market opened active and weak with many issues posting new lows in the first half hour. Prices rallied from the bottom, then drifted midrange by close, leaving an irregular list with 800000 shares traded and little evidence of support. The liquidation centers on rails and unions as labor questions loom and Roosevelt’s wage policy echoes in the sector.
MENTIONED IN THIS ARTICLE
Union Pacific
Bears
Roosevelt
Local Market Reports Copper and Industrial Shares Lead Decline
The local market shows increased gelling with copper and industrial shares prominent. Amster stocks again hit new low records as liquidation spreads, while a committee aids Mr. Amster clarifying his position. A broad market weakness in rails and industrials signals prolonged business pessimism despite copper industry fundamentals.
MENTIONED IN THIS ARTICLE
Amster
Northern Pacific and Great Northern Earnings Compare
The 1911 to June 30 earnings show Northern Pacific down 11.7 percent from 1910 at 25,175,678 while Great Northern earns 7.9 percent. Both roads cut maintenance sharply to support dividends, with Canadian Pacific's 1911 results revised for comparison and the Chicago & Northwestern poised for dividend action. Leah J. Thomas Reinhardt discusses the First National Copper Company.
MENTIONED IN THIS ARTICLE
Northern Pacific
Progress of Rhode Island Coal Co
Boston News Bureau reports the Rhode Island Coal Co can boost output with development work. Johnson expects 100 tons more coal per day and briquettes at 300 tons daily capacity. miners drive 680 feet in August, with new equipment, cars, and rail yard nearing readiness. Orders backlog grows as briquettes sell at higher prices.
MENTIONED IN THIS ARTICLE
Rhode Island
Boston News Bureau
Johnson
Psa
New York Bonds Milk Street Boston Mentioned
Partial OCR mentions New York bonds and an address at 24 Milk Street Boston Massachusetts. No further context or details provided to confirm issuer, amount, or date.
MENTIONED IN THIS ARTICLE
Milk Street
Boston
Massa
Rolley Information
NEW England Street Railway
Bond Market Notes Summary of Mass bids and bonds
Everett Mass calls for bids on 60 000 five percent notes dated July 1 1911 with maturities 1911 1921 1912 1913 16 and 1913 16. Hardwick Vermont bids due August 21 for 25 000 four percent electric light loan bonds payable July 1931. Boston and Corbin Company directors authorize 450 000 six percent convertible bonds to finance a concentrator and working capital, 300 000 now. Marshfield Mass to offer next week 20 000 four percent bonds 2000 annually for ten years. Rockland Mass bids due August 19 noon for 12 000 four percent registered school bonds 1000 annually 1912 23.
MENTIONED IN THIS ARTICLE
Berlin Mills
Boston & Wor
Central Union Telephon Louts & Nash
Manhat Ry
Clyde Steamship
Denver Union Water Tee
Mo Kan & Tex
Eastern Steamship
Mo Pacific
Evansville
NY Afrirk
Michigan
NY Central
Montana Power Transit
NY & NH
New England
Ny& Ont & West
Nor West
Nor Pacific
New York
Pac Tel & Tel
Penn
Tenn C & I
Maryland
Westinghouse
At&sf
Beth Steel Sever
Bklyn RT . Eeee
Brunswick Eneeee
Panama
Ohio
Bou Distillers
Erie
Ren Motor
Soo Int Harvester
Seo I E & W
Lehigh Valley
Air Br
NY &Nah
Nor & West Wee
Nor Am
Nor Pac
Oesee
T &T
Deeeneer ii
Das People’s Gas
Pitts Coal Ae
Rep I &S
Rock Island
Pac See
Tenn Copper the Texas Co
Pac
Texas
Twin City RT
Union Pac
Usocip & F
U S_ Steel
Utah
Wells-Fargo
West Union
W &Lee
Everett
Mass
Aea Ni
Hardwick
Boston & Corbin Company
Marshfield
Rockland
Dividends Declared by Major Firms This Quarter
General Electric Company declares a quarterly dividend of 2 percent with Oct 14 as payment date and Sept 2 as record date. Delaware & Hudson Company pays 2 1 4 percent quarterly with Sept 20 payment and Aug 28 record. McArthur Brothers Company issues 3 1 2 percent semiannual with Sept 10 payment and Aug 31 record. Federal Mining & Smelting Company pays 134 percent quarterly on preferred stock with Sept 15 payment and Aug 26 record.
MENTIONED IN THIS ARTICLE
General Electric Company
Delaware & Hudson Company
McArthur Brothers Company
Federal Mining & Smelting Company
Calendar for Today Books Close Am Smelting Refining
Calendar brief notes that the books close in the morning for the smelting and refining firms Inter Smelt and Refining National Lead preferred stock U S Envelope printing and an ex dividend from Standard Oil.
MENTIONED IN THIS ARTICLE
Am, Smelting & Refining
Inter. Smelt. & Refining
National Lead Pfd
U. S Envelope Ptd
Immense Fur Seals Found On Arctic Islets
Washington August 17 discovery of a million fur seals on barren Arctic isles linked to the Pribilof herd was reported to the House committee probing illegal sealing. Rep Hammond of Minnesota cited final report by Charles W. H. Heideman Arctic explorer and zoologist.
MENTIONED IN THIS ARTICLE
Washington
Arctic
House
Hammond
Minnesota
Charles W. H. Heideman
Coeur a’Alene
Idaho
109 Golfers at Essex C. C. Open Tournament Start
The Essex County Club opened its three day open tournament at Manchester by the Sea with 109 golfers in the qualifying round. Weather rain slowed greens and new traps challenged players as only three broke 80. R W Brown G H Crocker A L Squire posted top 97s and qualified for first division with Sutherin Claflin Stevenson Crocker and Hylan among those under 87 for fast match play.
MENTIONED IN THIS ARTICLE
Essex County Club
Manchester-by-the-Sea
G. H. Crocker
Essex
R. W. Brown
Meadowbrook
A. L. Squire
Brae Burn
H. H. Wilder
P. W. Whittemore
J. G. Anderson
Arthur G. Lockwood
D. Y. Sutphin
Cincinnati
T. M. Claflin
T. G. Stevenson
C. T. Crocker, Jr
J. B
Troops to Patrol California Border Reinstated
The War Department ordered the reestablishment of the California frontier patrol by U S troops. The move comes after a recent situation just south of the border in Lower California Mexico prompting the action.
MENTIONED IN THIS ARTICLE
Washington
California
United States
War Department
Lower
Mex
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First National Copper Company
Progress OF Rhode Island Coal CO
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