Market Report of Stock Prices and Trading Activity
Total sales in New York reached 106300 shares with Boston at 11065. Most active New York issue was Steel common with 15500 shares. Boston activity led by Steel common with 1435 shares. Year to date totals show New York 77306200 and Boston 4980308 shares. Compared to last year New York traded 119756200 and Boston 10492911 shares. Greatest gain in New York was American Tobacco up to 232 from 2. greatest loss was American Woolen common down to 15 from 20. Boston saw Greene Cananea rise to 29 from 14, Tamarack fall to 24 from 26. Call money in New York 6-8%, Boston 5-6%. Time money New York 5 to 542%, Boston 534 to 534 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
American Tobacco
Greene Cananea
Booth Fisheries
Canal & Dockesses
Vo City Raihways
Golcage
Chicago Elevated
Chicago Title & Trust
Chicago Railways
Illinois
Hart S & Mary
Kansas City
Roebuck
Ty Swift & Co
West United
Figsbourn
Union Carbide
Armour
Edison
Chicago City Room
Alaska
Chicago
Diamond Match
Nsig
Amal Co
Ogden Gas
South Side
Tei & Tel Se
Am Tobacco
ATASF
Ealt Ohio
Beth Steel
Bklyn RT
Can_ Pacific
China
Cm&bp
Erie
Goodrich BT Co
Goodrich
Inter-Met
Lehigh Vatley
Bly
Liggett & Meyer
Louis Nas
Mackay
Mackay Pf
Mer Marine
Mex Pet Co Lt
Miami Copper
Nat Biscuit
Nat H
Nevada
SUN Nyc
Nynh&h
Nor Pac
Parifie Mail
Pac T
Penn
People's Gas
Pitts Coal
Allman
St Spring Se
Rook Toland
Sears-Roebuck
Routh Pacific
Studebaker
Tenn Copper Big Og
the Texas Co
Texas Pacific Mig
Westinghouse
Gaby Hails
McKingley
Wis Central
Nevada Hille
Stan Own J
Stewart
Aig
Wettlaufer
High Lew
West T & T Ss
Allouez Noo
Amalgamated
Am Ag
Tel & el
Amoskeag
Arizona
Bos
Bsry Rly
Bos & Albany
Bos & Maine
Bos & Maine Ch
Butte Ballak
Butte & Sup
Calé Bos
Cal & Hecla
East Butte
Franklin
Fitchburg
Georgia
Tanby
Taland Creek
Isle Royale
Kerr Lake
Arcadian
North
Dominic
Osceola
Pond Ork
Pullman Co
ASDA
Quincy
Reeve
Hole
Shannon
Shattuck-Aziz
Fils
South Utah
Superior Cop
Sup & Bon
Swift & Co
Tamarack
Aed
DAL
Trinity Torrington
Union Pacific
Lols
United Fruit
Steel
Utah Cent Co
West End
Winona Bessees
Wolverine
Market Steady Amid Bearish Factors On Wall Street
New York market shows modest gains in early trading then eases. call money opens at 5 percent with firmer times. Poor bank statements and large gold shipment to San Francisco dampen prospects for easy money. dissolution suit against American Can Co causes declines but overall market stays subdued.
MENTIONED IN THIS ARTICLE
New York
San Francisco
American Can Company
Can Common
Congress
Pennsylvania
New York Central
United States
Irregular Local Market Shows Small Volume Trading
Boston stocks moved irregularly with light turnover. Steel common fluctuated as support shifted gains above Saturday. New Haven recovered a point to 78 and held most of it. Copper shares were uneven amid London metal weakness with Allouez up 1 8 to 30 7 8 and United Fruit up 2 1 4 to 15 7 or 15 7 8. Telephone remained notably weak at close.
MENTIONED IN THIS ARTICLE
Boston
New York
New Haven
London
Allouez
United Fruit
Burnham Elected Secretary of National Shawmut Bank
William A. Burnham Jr. is named secretary to succeed Horatio Newhall who resigns due to ill health. Newhall had served as secretary since the bank’s formation. Goldfield Consolidated ore production for October reached 30,486 tons, yielding $146,918 with costs $6.11 per ton split between mining and milling/transport.
MENTIONED IN THIS ARTICLE
William A. Burnham, Jr
William A. Gaston
National Shawmut Bank
Horatio Newhall
Newhall
Goldfield Consolidated
Representative Henry proposes jail terms under Sherman law
Washington December 1 the amendment introduces jail sentences only with no fines for Sherman law violations and defines any device to restrain trade or fix prices as illegal. Exempts non profit organizations and agricultural products controlled by producers from the measure.
MENTIONED IN THIS ARTICLE
Washington
Henry
Megal
Labor Leaders Indicted In Dynamite Case In Indianapolis
Harry Jones secretary treasurer of the International Association of Bridge and Structural Iron Workers and George E Davis an iron worker were indicted by a federal grand jury on charges of conspiring to transport unlawful dynamite and nitroglycerin. The indictments rest on Davis alleged confession.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
Harry Jones
International Association of Bridge and Structural Iron Workers
George E Davis
Federal Grand Jury
Davis
Well Known New York Merchant George A. Hearn Dies
George A. Hearn, a leading New York City dry goods merchant and art collector, died of pleurisy after about ten days illness. He donated an art collection to the Metropolitan Museum. His firm, rooted in 1827, operated a large West Side store, evolving from Arnold P. Hearn’s early business.
MENTIONED IN THIS ARTICLE
New York
George A. Hearn
Nove
Mr. Hearn
Metropolitan Art Museum
Hearn
Arnold P. Hearn
Essex County loan award draws diverse bidders
Baltimore awards 1.8 million dollars in 45 sewer stock due 1961 to a syndicate led by Estabrook and Co. of Boston. Total bids equal six times the offer with prices from 90 to 94.53, as Saturday's Essex County loans go to E. H. Rollins and Sons.
MENTIONED IN THIS ARTICLE
Essex County
E. H. Rollins & Sons
Paine, Webber & Co
Evinbrook & Co
Central National Bank
Blake Bros. & Co
Mercantile National Bank
Jaykeon & Curtis, Blodger & Co
Curtis & Sanger
R- 1. Day & Co
Merrill, Oldham & Co
Baltimore
Estabrook & Co
Boston
Steel Common Price Signals Tonnage Outlook Say Shrinkage Likely
Financial watchers focus on the forthcoming Steel Corporation unfilled tonnage report due the tenth. Past patterns show steel common stock prices forecasting changes in unfilled tonnage, with ongoing reductions from 7,932,000 tons at end of 1912 to about 4,000,000 tons by November, and Schwab predicting a harsher winter business reaction.
MENTIONED IN THIS ARTICLE
The
Steel Corporation
Schwab
Cotton Crop Estimates Show Narrow Range Among Experts
Nine expert estimates place the cotton crop between 13,747,000 and 15,775,000 bales, a spread of over 2,000,000 bales or about 15 percent. The latest government figure is about 14,200,000 bales, near the expert average and forming a consensus of opinion.
Fairfax Harrison Named President of Southern Railway
Fairfax Harrison, president of the Chicago Indianapolis and Louisville Railway, was elected president of the Southern Railway Company to succeed the late W. W. Finley. The announcement came on December 1 in New York.
MENTIONED IN THIS ARTICLE
New York
Fairfax Harrison
Chicago, Indianapolis & Louisville Railway Company
The
Southern Railway Company
W. W. Finley
State Street Topics Show Market Downturn Amid Dwindling Interest
Stocks drift lower as trading remains light with American Can near dissolution news. Telephone shares drop after 700 shares change hands. call money eases from 10 to 6 percent. Banks report a $1,000,000 reserve deficit expected to vanish soon while foreign rates ease elsewhere, with France anticipated to cut from 4 percent.
MENTIONED IN THIS ARTICLE
New York
New York Clearing House
Bank of Germany
Bank of England
Bank of France
Carnegie fortunes and steel bonds in 1900s context
Adams notes Andrew Carnegie nearly gave away his fortune leaving about 15 million. He handed his steel company to the Steel Corporation and received 304 million in five percent first mortgage bonds, seen as top securities backed by a billion in follow-on issues. The bonds are rarely traded on the street. Pennsylvania and New York rail lines report mixed earnings with modest net changes through ten months. New York Central shows higher gross earnings and net gain.
MENTIONED IN THIS ARTICLE
Adams
Boston News Bureau
Andrew Carnegie
Steel Corporation
Carnegie
Pennsylvania Railroad
New York Central
New Securities Output Drops Amid Market Silence
The article notes a sharp drop in November new securities totaling 87 million dollars, down from 140 million a year earlier, with 1913 year-to-date issues around 1.5 billion. High money costs and weak demand depress offerings as brokers cite dead markets and minimal trading activity.
State wide inquiry on hospitals discussed by Insanity Board
The reconstituted State Board of Insanity under Governor Foss is considering a state wide probe of insane hospitals. A petition seeks a Westboro asylum investigation to supplement Worcester and a Boston Psychopathic Hospital inquiry at the upcoming board meeting. The board includes Dr. M J O Meara Worcester chairman and members from Boston Northampton Newton and Worcester.
MENTIONED IN THIS ARTICLE
Board of Insanity
Boston Psycopathic Hospital
Boston State Hospital
Emer KE. Southard
Insanity Board
State Board of Insanity
Michael J. O'Meara
Worcester
L. Vernon Briggs
Boston
John M. Mason
Northampton
James M. W. Hall
Newton
William IF. Whittemore
State House
Worcester Asylum
Worcester Hospital
Taunton Hospital
Danvers Hospital
Westboro Hospital
Reston State Hospital
Medfield Asylum
Gardner State Colony
Monson Hospital
Bridgewater State Farm
Foxboro
Foss
John W. Mason
William F. Whittemore
Westboro
Bond Market Drops Hit New Low Records
The market tone was heavy as new low records appeared for St Paul Series A 4s and Chicago Great Western 4s.
MENTIONED IN THIS ARTICLE
St. Paul
Chicago Great Western
New York Tax Case Rules on Bank Stock Levy
The Supreme Court rules New York City may tax stock in national banks without deducting owners' indebtedness, deciding in favor of city officials in the Amo skeag bank case.
MENTIONED IN THIS ARTICLE
Washington
Amoskeag Bank
New York City
Supreme Court
Nine Men Entombed In Colorado Mine Cave-In
Eight men were trapped and entombed in a cave-in at the Golden Cycle Mine in Cripple Creek Colorado late today. A second cave-in at the Christmas Mine left one miner trapped in the main shaft. the two mines are adjacent properties.
MENTIONED IN THIS ARTICLE
Cripple Creek
Col
Golden Cycle
Congress Scrutiny Stirs Boston Social Science Meeting
Mrs Glendower Evans introduced a drive to form a branch of the National Voters League at the Boston School of Social Science gathering in Lorimer Hall. Mrs Emily Montague Bishop, a Senate fan, recited congressional passages to argue the Senate wastes time delays legislation and lacks efficiency.
MENTIONED IN THIS ARTICLE
Glendower Evans
Minimum Wage Board
National Voters’ League
Boston School of Social Science
Lorimer Hall
Emily Montague Bishop
Senate
Congressional Record
Senate of the
United States
National Voters League forms to inform on Congress
Mrs Evans describes a new nonpartisan group to educate the public on congressional history and actions. A $30,000 first year fund is sought to publish monthly bulletins and provide committee and vote information. Mrs Bishop urges citizens to demand free Congressional Record access and better scrutiny of lawmakers.
MENTIONED IN THIS ARTICLE
National Voters’ League
Evans
Horses Rampage Through Tremont Street Bar Window
A team of large black horses broke a plate glass window at Parker House on Tremont Street. The animals, attached to a S. & Pierce Co delivery wagon, panicked patrons, wedging the horses in the window frame while the driver was inside.
MENTIONED IN THIS ARTICLE
Parker House
Tremont Street
S. 8. Pierce Company
Tremont Place
Emerson Leaves Estate to Charity in Eight Bequests
The will of Ferdinand Emerson of Boston provides $1000 to the Salvation Army and $2500 to the Boston Y M C A. The residue is shared equally by the Boston Dispensary Floating Hospital Massachusetts S P p C C New England Home for Little Wanderers and the Industrial Home for Crippled and Deformed Children. Executor Josiah W. Hayden oversees seven bequests in memory of Edith Hadley Emerson.
MENTIONED IN THIS ARTICLE
Salvation Army
Boston Y. M. C. A
Ferdinand Emerson
Boston
Floating Hospital
Massachusetts
Edith Hadley Emerson
Death by gas in bed of Rhode Island telephonist
Miss Olive Aldrich a 16 year old telephone operator was found dead in her bed with the room filled by gas in Pawtucket Rhode Island. Her mother Mrs B E Aldrich a Baldwin Street Public School teacher reported the unexplained death and said she knew of no reason for suicide.
MENTIONED IN THIS ARTICLE
Pawtucket
R. I
Olive Aldrich
E. P. Aldrich
Baldwin Street
Also Mentioned on This Page
North Carolina Electrical
North Carolina Electrical Power Company
Congress St
Providence
Springfield
Philadelphia
United Light & Railways Co
Moors & Cabot
Devonshire St
Mass
Steeemeweenes
Fewwee Renee
Peord Low Pont “Na
Ware
Money Markets
Enee
Wew York Fonds
Encomar
York
Ign
Aeterling
Eocal Bank Statement
Lane
Atlanta
Peters Lake
BlueBu
Rochester
Comb Prac
Temiskam
Trethewey
Florence
Big Dore
Dome
Iin
Butler
Dome Lake
Foley O
Namara
Hollinger
Tyupiter
Midway
McIntyre
Pearl Lake
Montana
North Star
Ea Mines
Bel
West Dome
Alta
Foster
Prince
Gould
Gt Nortal
Hargrave
Rose
Nebeam
Wilbert
Allovez
New York Market
Chicago Market
Bay State Gas
Butte & London
Calaveras
Consol
Cortez
Germany
Douglas
Ohio
Liverpool
Prey Close
Philadelphia Market
Phil
E&p
Sat
Lehigh
Ona
Boston Stocks
Dee
State Street
Carnegie Steel
Quincey Mining Company
Psycopathic Hospital
Board
State Insanity Board
Town of
Narragansett
Rhode Island
Rep
Cuba
Mil & St P
Brow & Co
Ai & St
O& W
Oy Cri&p RR
Adams Ai
Hide & I
T&t
Evi Sigs
Fei &T
T& Re
Penn Stos
den &Rgeon
Hieare & Core
ATES
du Pont
Hocking ‘Val
Indiana Steel Bs
Pan Am
Eh ‘ Ball
So Pacific
Ball & O
Ntbo
Tates
Asses Ball
So Pacific Cvt
FLS& M Ie
Pacific A
Lecarthabe
Ba & O
Pitts I
Texas Co
E & W Va
Laclede Gas
Louis Amt
Texas ‘&P A
Ball& O Swaass Iaxe S
Dulyn Rap
Union Pac Ist
Ais
Union Bee
Lora Co Be
Icke & O
Minn & Stl L
P&s S
É ‘Steels
Chen & O
Jc & Alton
Virginian
C&st
West ‘Shore
Western
Steel and “Pennsy
United States Steel Corporation