Tobacco Issues Continue Weak
Tobacco prices stay soft amid continued demand concerns while Baldwin Locomotive reports weak activity. New high limits loom as Harriman lines show limited gains. Boston feature notes consolidation in Keweenaw Copper properties and Wolverine listed at 103. Woolen shares swing lower on earnings outlook.
MENTIONED IN THIS ARTICLE
Baldwin
New High
Harriman Lines
North Butte
Boston Feature
Keweenaw Copper
Wolverine
Points in Yesterdays Markets
Daily market totals show New York sales at 148 300. Boston 24 457 shares. Reading leads NY list with 18 500. North Butte tops Boston with 3 305. YTD NY 86 887 400. Boston 8 176 369. NY gains C P M O to 136. losses Liggett Meyer to 208. Edison and Mohawk rise in Boston. Concord Montreal fall ex div to 138. Call money NY 3 per cent, Boston 3 1 2 to 4 per cent. Time money NY 3 3 4 to 5. Boston 5 to 5 1 2 per cent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
North Butte
Mney
Wall Street Holds Steady Amid Holiday Slowdown
The New York market shows idleness from the coming triple holiday but remains steady despite indictments against Standard Oil and a New England textile mill chief executive. Canada frost, higher call loans, and world money tightening weigh, while Harriman Lines and Union Pacific post July gains and by products rise. Tobacco weakens as copper and smelting show strength. gold shipments to Canada continue, and bond activity is uneven. Total weekly par value sales reach 1,208,000 with U S 2s up 1.25 percent on call.
MENTIONED IN THIS ARTICLE
New York
Harriman
Union Pacific
Southern Pacific
Canadian Pacific
Louisville & Nashville
Canada
Boston Market Reports Modest Active Session on August 30
Boston saw a modestly busy trading day led by North Butte which jumped to 34 1/2 after news of sensational developments at the 2400 foot level. Wolverine fell to 103 amid liquidation. American Woolen declined after indictments tied to dynamiting at Lawrence. Shoe Machinery dropped on holiday-related sales. Keweenaw and Arnold shares rallied on plans to form a company consolidating horizon properties across Ashbed area.
MENTIONED IN THIS ARTICLE
Boston
North Butte
American Woolen Preferred
Lawrence
Shoe Machinery Common
Keweenaw
Arnold
Ashbed Lode
Arnold, Ashbed and Meadow Properties
Boston curb boosts Alaska Gold Mines amid renewed market interest
Alaska Gold Mines again dominates the curb market with trades around 83 4 to 81 4 and closing at 83 8. Speculation swirls over potential short interest. allotments undecided. Other notable issues include Butte Central Ely Consolidated Rhode Island Coal Lion Hill Consolidated Mexican Metals and Majestic with detailed fluctuations provided.
MENTIONED IN THIS ARTICLE
Alaska Gold Mines
Butte Central
Ely Consolidated
Rhode Island Coal
Lion Hill Consolidated
Mexican Metals Receipts
Majestic
Alaska
Bay State
Bohemia
Butte & London
Davis Daly
Miami
United Verde
Utah
Yukon
Pennsylvania Railroad stock signals subdued market activity
State Street Topics notes a narrow price range for Pennsylvania Railroad over a year, with prices near 1912 highs and lows, while volume of sales remains dull and brokers avoid recommending the stock. The article also covers bond declines, Louisville & Nashville financing questions, and notable earnings gains for Harriman lines and Southern Pacific.
Money market settles with firm tone amid cash to Canada
The money market grows quieter yet firmer this year as funds flow to Canada. New York call money sits at 3 percent and firm, with time loans shown at 4 1 4 to 6 percent across two to six months. New York and Boston figures reveal strong clearings and balances, with rates for foreign exchange and bullion edging higher across various currencies.
MENTIONED IN THIS ARTICLE
Canada
Sub-Treasury
New York
Gana
Sebi Mister Ae
Boston Clearings
Boston
Eeereeeees
France
Metal markets show firmer copper and tin gains
Trading at the metal exchange was quiet with copper modestly higher while tin rose strongly by about 38 4 cents. Lead and spelter edged up, antimony steady, and iron unchanged. London close for copper and tin futures rose with notable sales volumes.
MENTIONED IN THIS ARTICLE
Lake
Cookson’s
London
Calendar for Today and Notable Privilege Expires
A list of corporate calendars notes upcoming meetings and privilege expirations. Companies mentioned include American Gas Co of New Jersey Associated Merchants Greene Cananea Illinois Central International Smelting Refining Lehigh Coal Navigation Manufactured Rubber National Biscuit New York Chicago St Louis First and second preferreds Pennsylvania R R United Cigar Mfrs United Dry Goods Minneapolis St Louis Northern Pacific St Louis Southwestern New England Tel Tel.
MENTIONED IN THIS ARTICLE
American Gas Co
N. J
Associated Merchants
Greene-Cananea
Illinois Central
International Smelting & Refining
Lehigh Coal & Navigation
National Biscuit
New York
Chicago & St. Louis
Pennsylvania
R. R
United Cigar Mfrs
United Dry Goods
Minneapolis & St. Louis
Northern Pacific
St. Louis & Southwestern
New England Tel
Tel
Dividends Declared By Regional Utilities
A list shows quarterly dividends declared by West Pennsylvania Traction & Water Power, Pacific Gas & Electric, Central Massachusetts Power, Arkansas Valley Railway Light & Power, Muscogee Gas & Electric, and Standard Gas & Electric. Details include rates, payable dates, and record dates.
MENTIONED IN THIS ARTICLE
West Pennsylvania Traction & Water Power Company
Pacific Gas & Electric Company
Central Massachusetts Power Company
Arkansas Valley Railway, Light & Power Company
Muscogee Gas & Electric Company
Stockholders meet as Heinze forces win control at Stewart Mining
At Kelloy Idaho the Heinze faction gained a stock majority and a new directorate led by W L Allison Edward Hickey Allen Bowie William A Beardry and W E Cullen. Carter stockholders see the election as partly shaped by their protest.
MENTIONED IN THIS ARTICLE
Stewart Mining Company
Kelloy
Idaho
Heinze
W. L. Allison
Edward Hickey
Allen Bowie
William A. Beardry
W. E. Cullen
Carter Stockholders
New Bedford seeks bids on sewer and municipal loans
New Bedford invites bids by 8 p m September 9 for 150000 sewer bonds and 23000 municipal loan with annual maturities of 5000 and 2000 respectively from 1913 to 1942 and 1913 to 1922. Chicopee and Quincy set bid deadlines in early September for multiple 4 per cent bonds.
MENTIONED IN THIS ARTICLE
New Bedford
Mass
Chicopee
Quincy
Cambridge
Grain Markets Turn Firm on Light Trading Amid Export Bets
The market opened slightly higher, then softened before extending firm again as foreign demand supported prices. Reports of good overseas bids clashed with weak export totals and poor foreign wheat quality. Minneapolis receipts rose to 506 cars as Chicago reported 146 wheat, 253 corn, 504 oats car lots.
MENTIONED IN THIS ARTICLE
England
Northwest
United States
Canada
Minneapolis
Liverpool
Paris
Antwerp
Berlin
Budapest
Duluth
Chicago
Trade optimism grows as crops secure future prosperity
Dun and Company notes rising trade volume and stronger demand across East and West with confidence that crops will secure prosperity. Woolen goods, textiles, iron, steel, coal show active expansion. foreign imports rise to 37.27 million with offsets in exports. US and Canada failures reported. August liabilities surpassed last year’s early period.
MENTIONED IN THIS ARTICLE
New York
Dun & Co
Bank of England
United States
R. G. Dun & Co
Canada
East
South
West
Pacific States
Bradstreet's Review Signals Strong Trade Outlook
Bradstreet's state of trade notes upbeat conditions with strong crop development and swift industrial activity. Labor shortages affect mills and fields while fall and next spring buying grows. money flows to the country. railway car shortages loom. copper and wool trade hold steady as cotton goods and lumber delivery face constraints. Bank clearings rise year over year, with weekly failings totaling 228 and mixed grain exports. Europe and Canada trade prospects remain solid as the vacation lull ends.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Canada
Telegraph
Bradstreet's
Galerston
Europe
Argentine
Northwest
Dominion
Cotton Markets Slack but Shows Slight Recovery
The cotton market opened 3 to 4 points lower with new lows as Liverpool cables eased. Private crop reports suggested deterioration by two to three points, aligning with trade expectations, while short covering later lifted prices about 10 points from the low.
MENTIONED IN THIS ARTICLE
Liverpool
Bond Market Rises to New Year High on Light Week
The bond market gained 34 points and tied a new high for the year as quoted prices lingered near weekly lows. Colorado Industrial 5s showed strong demand amid a cautious trading day.
MENTIONED IN THIS ARTICLE
Colorado
R Ss Double Is Attached
John M. Keyes of Concord known as Roosevelt's double at the Republican national convention was attached at the registry of deeds East Cambridge for 900 in three contracts of 300 each by the Eastern Electric Lamp Company Boston Dennison Manufacturing Framingham and Joseph Breck Sons Boston corporation.
MENTIONED IN THIS ARTICLE
John M. Keyes
Concord
Roosevelt
East Cambridge
Eastern Electric Lamp Company
Boston
Dennison Manufacturing Company
Framingham
Joseph Breck & Sons Corporation
Autumn Excursions to Nova Scotia Begin Next Week
The annual Autumn excursions to Nova Scotia and the Maritime Provinces via the Dominion Atlantic Railway begin September 2 and run to September 29. Round trip rates exceed the one way fare slightly, with eight weekly trips by the Boston and Yarmouth line. Call 332 Washington Street or Long Wharf for tickets and information.
MENTIONED IN THIS ARTICLE
Nova Scotia
Maritime Provinces
Eton & Yarmouth
Dominion Atlantic Railway
Land of
Evangeline
Boston & Yarmouth 8S. 8S, Co
Washington Street
Long Wharf
State Street
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