Efficiency and Expansion at New Haven under Mellen
An analysis of Charles S. Mellen’s management of the New Haven Railroad shows major cost cuts in transportation, rising maintenance, and improved train loads. The article argues intensive development boosted stockholder and public value, while expansion efforts to unite New England transport added costs and offset gains.
MENTIONED IN THIS ARTICLE
Charles S. Mellen
New York, New Haven & Hartford Railroad Company
Mellen
P. C
Trans
EOTR
Tatoo
BGOQ
Slaven
New England
Calendar for Today Dividends Payable at R. R. offices
Dividends payable listed for several companies including Du Pont de Nemours Powder and the Philadelphia German and Norroth R. R. book entries. Chestnut Street schedule shows ex dividend dates and related financial notices.
MENTIONED IN THIS ARTICLE
du Pont de
Market Fluctuations and Trading Totals Reported
Daily price movements show wide swings with total trading in New York at 580 500 and Boston at 28 704 shares. Reading tops New York activity with 116 800 shares. United Fruit and Mergen 225 lead Boston gains while Calumet & Hecla records the largest loss. Call and time money rates are noted in New York and Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Steel Common
Wells Fargo Express
Arr
Virginia Iron, Coal & Coke
United Fruit
Mergen
Boston Elevated
Calumet & Hecla
Wall Street Hears Harriman Merger Court Ruling
New York market reacts to the Harriman dissolution decree with bearish sentiment and uneven gains. Southern Pacific drops while Union Pacific briefly slides as traders weigh possible asset distributions and broader corporate implications.
MENTIONED IN THIS ARTICLE
New York
Harriman
United States Supreme Court
Southern Pacific
Union Pacific
London
United States
Local Market Ends Weak After Broad Decline
Boston market today saw nearly 29 000 shares traded with prices drifting lower overall. Pond Creek Coal fell amid profit taking while insiders absorbed offerings at a market value near six million dollars. Giroux and other names mostly declined, with major contributors Butte & Superior Amalgamated Mayflower Shannon United States Smelting and Steel showing weaker prices as the session closed.
MENTIONED IN THIS ARTICLE
Boston
Pond Creek
Giroux
Butte & Superior
Amalgamated
Mayflower
Shannon
United States
Hank the Hermit refutes lunatic asylum claim
A comic note in the next Sunday Post hints that Hank the Hermit’s ranch cannot host a lunatic asylum, asserting the idea is unfitting and humorous rather than factual. The piece teases readers with a satirical stance on the proposed relocation.
MENTIONED IN THIS ARTICLE
Hank
Post
Curb Market Acts With Strong Interest In Bay State Gas
Boston curb market displayed renewed activity with Bay State Gas leading and several listed issues showing notable enthusiasm. Price changes were minimal though Bay State Gas purchases were described as unusually strong and overall buyer interest exceeded recent months.
MENTIONED IN THIS ARTICLE
Bay State Gas
Butte Central
Alaska Gold
Smokey Development
Boston Ely
Bond Market Reports Daily New York Trading
New York December 3 stock exchange bond transactions show total sales at 2,533,000 dollars. Compared with 2,263,000 last week and 4,742,000 on January 1 to date. Year ago total sales reached 635,109,000 dollars. Includes various industrial and utility issues with mixed gains and declines across issuers.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Babak Erie
Penn Gtd
Tike Erie-Pa Coal
Money Markets Show Acute Conditions and High Rates
The money market remains strained with call loans at 6 to 9 percent and renewals near 9 percent. New York bank reserves below legal requirements prompt readjustment and gold imports. Expectations point to elevated rates continuing through year end, with time loans and notes quoted around 5 to 6 percent and bank clearings reflecting uncertain liquidity.
MENTIONED IN THIS ARTICLE
New York
Ceeeeereereeeee
AES
Boston Clearings
Boston
Boston Sub-Treasury
Grain Markets Signal Mixed Gains in Wheat Corn and Oats
Foreign wheat markets fell again on December 3 while receipts moderated and offerings remained varied. December and May wheat rose 4% and 5% with July up 1 1/16. Corn and oats posted gains as well with similar market forces driving price strength.
Metal Markets Mixed Activity and Price Drops Across Coppers and Tin
At the metal exchange on December 5 trading was active with an irregular tone. Copper held steady while tin fell about 14 cents. lead declined 10 to 15 points, and spelter eased 5 points. London close show copper and lead steady to firm, with spot and futures prices reflecting small losses and notable tonnage moved.
MENTIONED IN THIS ARTICLE
Metal Exchange
Cookson’s
Standard
Tin Spelter Ween Ee
Cotton Market Rises After Short-Lived Slump
The cotton market steadied and rose about 20 points from yesterday's close after an irregular session. Analysts say yesterday's decline stemmed from traders shaking out trailers and over enthusiasm on the long side amid low crop estimates issued last week.
Bond Market Notes and Municipal Loans Summary
Middletown Connecticut awards a temporary loan of 50000 to Middletown National Bank at five percent discount. Blake Bros and Co bid 5.58 percent. United Railways of San Francisco sells 2350000 five year notes at six percent to BEH Rollins and Sons, pending state approval, to refinance prior bonds. New notes dated November 1 1912 mature in 150000 November 1 1914 125000 November 1 1915 125000 November 1 1916 and 1950000 November 1 1917. Bristol County Massachusetts issues 10000 four percent bridge notes dated December 4 1912 payable December 4 1914 to Estabrook and Co at par and interest.
MENTIONED IN THIS ARTICLE
Middletown, Conn
Middletown National Bank
Blake Bros. & Co
United Railways of
San Francisco
BE. H. Rollins & Sons
State Railroad Commission
Market Street Cable
Park and Cliff House
Bristol County
Massachusetts
Estabrook & Co
Mass Electric Co.'s 1912 Report Highlights Year End Figures
The Massachusetts Electric Co. issues its 1912 annual report for the year ended June 30. The document presents comparative figures and outlines financial and operational results for the period.
MENTIONED IN THIS ARTICLE
Mass. Electric CO
Massachusetts Electric Co
Michigan-Utah Mining Co Advances Utah Claims
The Michigan Utah Mining Company has acquired all properties formerly owned by Utah Mines Grizzly Copper Prince and others in the Alta district Utah totaling 72 mining claims about 1000 acres. Past operations produced over five million dollars net. Net smelter value per ton of ore shipped in the last three months was 30.99 dollars. The Delaware incorporated company is recapitalized for 100000 shares par 2.50 with 600625 shares outstanding 250000 held for bond redemption and 249875 in treasury. Bonds outstanding total 597400 dollars.
MENTIONED IN THIS ARTICLE
Michigan-Utah Mining Company
Utah Mines Company
City Rocks Mining Company
Grizzly Mining Company
Copper Prince
Alta District
Utah
Michigan- Utah
Delaware
Treasury
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Kidder, Peabody & CO
Devonshire Street
Wall Street
New Haven
ROG Kin Eds
Treasuries
Farr Alpaca Co
Pacific Mills
Maverick Mills Ptd
Indiana, Col. & East
N Trac
Stafford Mills Co
Buffalo & Susquehanna
Pete Marquette
Twin State Gas & Elec
American Real Estate
Norcross Brothers Ptd
U. S. Metal Products Ptd
Library Bureau
Pftd
U. S. Envelope
American Investment Sec
Hotche Inves
State Bt
Tockin
U. S
South Yuba Water Co
el Tiro Copper
Great Western Power
International
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Lackawanna Coal & Lumber Co
Dayton Power & Light
N. E. Storage Warehouse Co
Boston Belting Co
Hartford Carpet Co
Draper Co
IN & CO
Jents
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OR. R. Phila
Norr
R. R
R. R. Phila
Cumberland Telephone & Telegraph Co
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Smelt & R
Wwe&g
At&sy
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Erie
Goodrich Co
Aer Corp
Liggett & Ves Vata
Lorillard Co Seve
Mer Marine
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Nynh&h
NYO& W
Rock Island
Rumeley Co
Lou& Sn I
Couthw
Seaboard
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South Ry
Texas Pacific
Third Ave
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Copco
Wella-Fargo
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Wee
Ril
Wis Central
Woolworth
BC High
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Allouez
Te & Fe
Ai Gulf
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Cere
Root
Boston & Corbin
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Eleva
Butte & Sup
Butte Ballak
Cal & Arizona
Cal & Hecla
Aaa
Chino
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Cortez Sere
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Eri
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Vised
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A - Pee
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Fecat
Bell T & T
Laclede Gas
ATES
Bacio
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Weenee
Eeenes
Seeee
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Steel
Ea Beids
Knox
So Pacific
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Pacific
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Tol
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la Rosa
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Tia
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the Securities Corporation
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Parkhurst Mane