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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 02, 1913

Page

14

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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