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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 25, 1911

Page

12

Bearish force dominates market as rail strike fears loom

Prices swung toward lower levels with bearish operators gaining control across issues. Reports of Western rail strikes, the Morocco case, and Illinois Central pulling 2000 cars fed selling of Steel common. Union Pacific fell to 166 3 4 as large holders liquidated. Railroad executives warn a strike would cost about 1 million per road and strain finances.

Morocco Illinois Central Morgan Union Pacific

Bears Hold High Carnival in Yesterday's Markets

Market summary showing total shares traded: New York 670 500. Boston 61 276. Highlights include Steel common most active in New York at 218 000 and Franklin most active in Boston at 6 278. Jan 1 1911 to date totals: New York 70 145 300. Boston 3 942 542. Comparisons with last year: New York 120 616 400. Boston 8 508 291. Notable moves: Union Bag & Paper pref up 4 to 58 in New York. Central of New Jersey down 10 to 260. Boston gains Mergenthaler 2 to 234. Rutland pref down 3 to 35. Call money New York 24%. Boston 2 to 3%. Time money New York 23 4 to 3 34%. Boston 4 to 4%.

T&sf Eves Atla Line Beth Steel - Bow Ohio Wodss&a Louis Nash Mer Marine Miami Copper Minn & SL Nevada Nh&h Nor & Wesseer Nor Pace Pacific Mail Penn Pitts Ry St Spe Ray Consol Rep I & S Rock Island South Pacific South Ry Tenn Copper the Texas Co Texas Pacific Tenn L & W U S U S Steel Utah Maryland West Union Westinghouse New York Boston Steel Common Franklin Union Bag & Paper Pref Central of I. W. Mason & Co State Street American Marcon Amer Soda Berlin Mills Boston Securities Butterlec & Power Com Central Union Telcom Dayton Lighting Federal Light & True Ginter Grocery Houston Oil Tola Portland Cement King Crowther Library Massachusetts Breweries Ee National Casket New Hamphree Bus Sealshipt Oyster Pt Springfield Breweries Tacédma Gas Light Texas Traction T U S Bobbin & Shuttle Atlantic Shore Line M&b Wwe West T & T Boston & Worcester St Vy Butte Water Co Canton-Akron Clyde Steamship Denver Union Water Rutland Union Pacific Fistern Steamship Ler Evansville Elee Ry Eee Revereeee Hudson Butte Coalition New England Brick Yards Cal & Arizona Omaha Water Elas Ne Boston Sub-Treasury Cal & Hecla New York Clearings Estes la Salle Shannon

Copper stocks capsize as banks tighten margins at market close

The local market endured a strenuous day with widespread selling pressure and a general decline. Banks now demand higher margins on copper shares trading above 26 while discarding low priced coppers from collateral, leaving Lake Copper valued around 22 despite better physical condition. The column notes booms and lows drive speculative mood, and urges against a continued rush to sell securities.

Boston New York Lake

Ray Consolidated sale boosts copper plant status in Southwest

The sale of the Ray Consolidated smelter to American Smelting entitles Guggenheims to about 1 600 000 dollars already spent on construction. Ray Consolidated will gain a favorable ore-treatment rate under ASCs direction, boosting its standing among Southwest copper mines. Additional notes cover Giroux shaft fire and insider trading implications, Rogers Norton stock manual, and Clark interests planning a railroad spur from St John to Ophir Utah. J C Marden Jr elected director of Sloss Sheffield Steel and Iron.

Ray Consolidated American Smelting Interests Guggenheim Family American Smelting Company Southwest Lion Hill Clark St. John Ophir Utah

Boston curb market features Corbin Copper rally

The Boston curb market saw Corbin Copper as the standout, opening at 0 with a rise to 11 16 and a plunge to 638 cents before recovering to 75 cents at close. Chief Consolidated fell from 68 to 54 cents, ending at 60, while South Lake and others posted sizable losses. Porcupine Northern held firm, rising to 60 cents, with Porcupine Central also notable.

Corbin Chief Consolidated South Lake Davis Daly Nevada Utah Majestic New Baltic Porcupine Northern Porcupine Central

Bond market notes

Reading Mass awarded 12000 four percent bonds maturing 1200 annually 1912 21 inclusive to Blake Bros Co at 100 81 The note records a bond issue and the bidding terms with the awarding firm and price. The data points include location Reading Mass the bond rate four percent the annual redemption and the contract price 100 81.

Reading Mass Blake Bros. & Co

New York Curbs Market Quotes Drift In Brief Session

Exchange board shows limited activity with modest price moves and brief gains across several issues. Traders note unsettled sentiment as early gains fade and volatility remains elevated amid mixed economic signals.

Eastern Steamship July 1910 Financials Show Increases

The record lists gross income and net income figures for July and January to July 1910. It notes gross income of 371,154.96 and 983,940.52 with net income of 190,738.00 and 191,484.00 respectively, across periods indicated.

Dividends Declared by Regional Railways and Utilities

Railway Steel Spring Company declares quarterly 18 4 percent on preferred stock with books closing Sept 6 and reopening Sept 20. St Joseph South Bend & Southern Railway Company declares semi annual 21 2 percent on preferred with books closing Sept 11 and reopening Sept 16. St Joseph South Bend & Southern Railway Company also declares semi annual 1 percent and 12 percent extra on common with books closing Sept 11 and reopening Sept 16. Whatcom County Railway & Light Company declares semi annual 8 on preferred with books closing Sept 1 for stock of record Aug 24.

St. Joseph South Bend & Southern Railway Company South Bend& Southern Railway Company Whatcom County Railway & Light Company

Calendar for Today Digest of Financial Markets

Books Open Boston Elevated. Books Close N. O. and Western. Dividends Payable People's Gas com. 138 4 per cent. Vandalia R. R. 1 per cent. Meeting Old Colony Trust.

People's Gas Com Vandalia R. R Meeting Old Colony Trust

Also Mentioned on This Page

William E. Soule Salt Lake Toronto Ask LHR Edison Kiec General Elect Mergenthaler Pullman Corp Hue Swift & Co Eee Torrington United Fruit Algomah Big Amalgamated A Isle Royale South Utah Setae Sup & Bos Tuolumne Eeere Utah Apex Chicago Eens Ariz Oeeee Ely Cons Eveeee Giroux Seeee Greene Cananea Inspiration Eer Eee Kerr Lakers la Rose M Co A Mines Co Ohio Copper Ray Central Standard Oil Charles A Lower Mammoth Tittle Bell Mason Valley Tee Beaver Buffalo Cobalt Lake Sepp Conlagas Crown Reserve Greene Meehan Little Nipissing Ie McKinley Darragh Nova Scotia Smelt & R By &Gr Milk Street Adams Exp Co Allis Chalmers J Armour SAT & F Ann Albany & Sus Bklyn R T Cal G & Elec Ches & Ohio Nebraska Chino Cop CRI & P Col Midland Dg Penn Coll Florida East Coast Hock Valley Enesia Ill Trebee Int Lack Steel Laclede Gas Lake Shore Lehigh & New York Louis & Arkansas Man Ry St Ry Midh State Mo, Kan & Tex Midh NY Air Nor & Wes Cony Nor Pac Ist Pac Tel & Tel Pitt, Cleve & Tel L&És FR San An & Ar Seab’d Air Line Adj So Pac Cen U S&s Bicserveser W-Pitts Tm Hevenenee Gatae San Paulo Municipal Ty Mab Panama NY Canal Seeeee High Point Dane Dan Giroux Rogers-Norton Company Exchange Place J. C. Marden, Jr Sloss-Sheffield Steel & Tron Company H. O. Seixas Haieh Bay State Me Bohemia Corte Pew Hecocd Bia Sek Ok T Steer Davis-Daly Grant Mineane Hollinger Onee Ox Aw Houghton Laramie Douglas South Lake Tees United Verde Cape Cod Champion Copper Champion Coprer Co Congress St Mess ELSES Curb Stocks Jr Thomas Reinhardt Devonshire Street Mass St. Leominster Pay James Shay & CO State ST Gofum Field & Fay Eli Apex Central Ee Foley O’brien Hollinger Moneta Tenner Pearl Lake Porcupine Gold Vipond Porcupine Milling Porcupine Estates Preston East Dome Tisdale West Dome Albany Billy Theatres Billy Watson Beef Trust the Howard Pilly Watson White Hawk Jennings and Renfrew Dora Ronea Ben Pierce Dorchester Brown and Taylor Carmody Old Howard Eiths Coney Island Allie Aykroyd Willard Simms &Co Jewell’s Manikins Alexander and Scott Mack and Orth Cotter and Boulden Rossow Poeltz- Lavalla Overture Boston Theatre A. H. Woods Bobby Barry Hatterer Saucier Stappler Tywannan Harry Clay Blaney Pacific Loew’s Orpheum Art Old Jed Prouty Lindsay Morison Stock Co Loew’s SOUTH _END Powers Abe Ero Hanover Star Tremont Row BIG Gaiety Gaiety ARS Pally Tremont GLOBE Excelsior Vaudeville Harvard-Boston Harvard Aviation Atlantic Harry MW. Atwood G. W. Beatty Barte L. Ovington Arthur B. Stone J. A. Cummings West Field Neponset Bridge Burke’s Adams House Qcashin’s Parker House Herrick's Copley Hurd’s Touraine Wright & Ditson’s State &J Grahame-White Tom Sopwith Lincoln Beachey Eugene B. Ely Jas V. Martin mAh Owe St, Louis National League Wright and Eastern Steamship Pan Provincetown Pilgrims First Landing Place Dorothy Bradford Atlantic Ave A. Moody Mer New Steel Massachusetts North Land India Wharf Maine S. 8S. CO W. Dixon King Philippes Commercial Suney Nahant Otis Wharf A.m New Bass Point Ba Ocean Pier Retur CING Revere Sorenson Central Wharf Gloucester North Shore Cape Ann City of Postofice Ag Pass Dept. Say State St. Ry. Co Wann Colonial Line Elfen St Fort Hill Eestor Line Sunaa Washington St Rm Daily Tremont Temps Coronation Kinemacolor Natural Co
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