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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 13, 1913

Page

12

Market roundup of yesterday's stock totals and changes

Total sales in New York 301 300 shares and Boston 18 293. Most active issues were Reading 56 200 in New York and New Haven 3 859 in Boston. Year to date New York 79 816 000 shares. Boston 5 147 460. Notable gains and losses include Mexican Petroleum pref rising to 80 and United States Express dropping to 40 1 4 in New York. Calumet & Hecla rising to 400 and Vermont & Massachusetts slipping to 100 in Boston. Call money in New York 3 1 4 to 4 1 2 percent. Time money New York 5 to 5 3 4 percent.

New York Boston Reading New Haven Mexican Petroleum Pref United States Express Calumet & Hecla Vermont Massachusetts Perete Tee Ty Sya Dwa Sia Corporation Lehigh Valley Liggett & Meyer Mex Pet Co Lt Nene Nes Miami Eeeaese Nat Biscuit Teteees Todar Baea Sub Treasury Betes Eee Nynh&h Ont & W BMG Sete Neesnes Nor & West Foreign Exchange Pacific Mail Nor Pac Penn Ib Ser Rock Island Rock ‘Island Rumely Co Peare-Roebuck South Ry Union Pacific Utah Copper Ir & C West Shore West Union Westinghouse Wis Central Woolworth

New Haven Stock Drops to New Low Amid Heavy Market Losses

New York market shows heavy dealing in New Haven & Hartford shares. The stock fell to a new low of 65 5-8 before closing slightly higher at 61 1-8. News from copper and steel was cheerier, but overall sentiment stayed cautious with liquidation evident and bonds easing.

New York New York, New Haven & Hartford Railroad Company New Haven American Telephone New York Central Pennsylvania Rock Island

Dividend Notice for American Woolen Company

The American Woolen Company announces a regular quarterly dividend of one and three quarters percent on its Preferred Capital Stock for record date December 28, 1913, to be paid January 15, 1914. Transfer books close December 28, 1913 and reopen January 5, 1914. Checks mailed by Guaranty Trust Co. of New York. WM H Dwelly Jr Treasurer. Boston March 12 1913.

Notles American Woolen Company Guaranty Trust Co New York WM. H. Dwelly, JR Boston Mars

El Paso Electric Declares Common Dividend No 10

El Paso Electric Company of El Paso Texas announces COMMON DIVIDEND NO 10 and a quarterly dividend of 2.00 per share on common stock payable December 15 to stockholders of record at the close of December. Weber, transfer agent, and Ester listed as registrar.

el Paso Electric Company el Paso, Texas Electric Company Weber Ne& ‘Ester

Market Day Liquidation Hits New Low Records in Boston Stocks

The Boston market saw extended liquidation with New Haven and Boston and Maine leading the decline. New Haven fell to a new low of 652 4, while Boston & Maine dropped six to 35 and Edison Electric slid to 289. Vermont & Massachusetts tumbled to 100, Fitchburg preferred to 68, and Telephone and Boston Elevated also declined. The overall close remained weak.

Boston Dec. I New Haven Boston & Maine New York Vermont Massachusetts Fitchburg Edison Electric Telephone

Financial notes from Boston area banks and firms

William Salomon & Co. closed a Willys-Overland 7 percent preferred stock syndicate after selling remaining stock. H. B. Hollins Jr. joins William P. Bonbright & Co. Dec. 15. James A. Brennan of Richards Brennan Co. named CNB director. First Ward National Bank of East Boston to become First Ward Trust Company. charter hearing Dec. 17, capital to rise to 250000. American Public Utilities boosts common dividend to 3 percent annual. preferred dividend remains 1.125 percent.

William Salomon & Co Willys-Overland William P. Bonbright & Co., Inc H. B. Hollins, Jr H. B. Hollins & Co James A. Brennan The Richards & Brennan Company Randolph, Mass Commercial National Bank First Ward National Bank of East Boston First Ward Trust Company Board of Bank Incorporation

R G Dun Weekly Review notes cautious optimism in trade

R G Dun & Co says evidence grows of a reactionary business trend yet some hope remains for the general outlook. Pittsburgh reports bigger railway equipment purchases, price concessions lessen, early holiday trade mostly satisfactory, cold weather spurring merchandise distribution, cotton goods quiet, but staples remain in strong demand. Footwear plants in New England run at full capacity with some new orders expected to keep mills active. week’s figures show 420 in the United States and 6 in Canada versus last year.

New York R. G. Dun & Co Pittsburg New England United States Canada

State Street Topics on Maine Central Stock and Rail Trends

The Herald flags debate over Boston & Maine disposing of Maine Central stock at a perceived discount and notes Post forecasts of about 15 million dollars for the stock. It cites bankers weighing Post plans, News Bureau coverage, and assesses railroad earnings, coal shipments, and rate proposals influencing market firmness amid adverse news.

The Herald Boston & Maine Maine Central Boston Post Post Herald Authority Boston News Bureau Herald Financial Authority the Post Stock Exchange House Consolidation Coal Company Interstate Commerce Commission Washington

Cities Service plans acquisition of Utilities Improvement and others

Directors approve a plan to acquire Utilities Improvement Company and Consolidated Cities Light Power and Traction Company. The merged group would yield annual gross earnings over 17 million and provide over 3.25 million in earnings to Cities Service stocks. Exchange terms include converting Cities Service 6 percent preferred to Utilities Improvement preferred and issuing Cities Service common for Utilities Improvement common.

Cities Service Company Utilities Improvement Company Consolidated Cities Light, Power & Traction Company Cities Service Common

Uncertainty Over Boston and Maine Financing Looms

Prominent bankers say Washington must decide how to proceed before refinancing plans can move. The New Haven faces pressure to sell its Boston and Maine holdings, with rate hikes and mail pay terms cited as potential fixes, while a receivership or note restructuring could follow if stockholders do not act.

the Post Washington Boston & Maine The New Haven Department of Justice Massachusetts Maine Central Boston & Lowell

Solving the B. and M. Problem

Boston and Maine stock dropped to 35 as one year notes near 88 cents on the dollar. Investors seek a definite statement on the road’s fate. Will receivership be invoked or is a reorganizational plan being prepared to handle the debt.

Boston & Maine New England

Boston and Maine seeks New Haven support for reorganization

A banker argues that New Haven’s backing would ease any Boston and Maine restructuring costs and that forcing New Haven to sell at the lowest B and M price is unfair. He suggests Washington officials may permit New Haven to retain control for years to avert receivership while a satisfactory sale is arranged.

Boston & Maine The Post Maine Central Boston & Maine Treasury Treasury Washington New Haven Department of Justice Reputta

Bond Market Settled Tone With Mixed NY Issues

In New York on December 12 the bond market showed an unsettled tone with NY City issues leading activity. Highlights included American Telephone 4s, Baltimore & Ohio, Central Leather 58, Red Island collateral 4s, NYNH Hartford convertibles, United States Steel 5s, and Wabash 4s. Total sales reached 1 608000, compared with 1 525000 yesterday and 1 089000 a week prior. Since January 1, current totals 472 316000 against 652 000 previous year.

New York New York City American Telephone Baltimore & Ohio Central Leather New Haven & Hartford United States Steel H& Hoyt Tokyo Vaata Nyc Chile Port Hay Bae Norf So Chicago Nort & Wevt North Aesits Ontario Power Ontario Trans du Pot Bar St Lim & S-Riv Gulfay Ike ‘Arbor Armour & Coral Estate Trust Co San In Hla Pacific Cannes O Gold Kchs&m Ae Bal Louis Rf Lake Steele Union Pac Ist Union Pac Canada Fouth K& T Pac-C HK & Bka Ie I Co Ieee Cen Vermont Ches & O West Shore

Adventist and Baptist Church Services Across Roxbury Boston

A long list of Sunday worship times across Roxbury Boston churches including Adventist First Baptist Tremont Temple Ruggles Street Clarendon Street Dudley Street and others. Services feature morning and evening sermons, Sunday schools, and special music with multiple pastors and choirs.

First Baptist Church Commonwealth Avenue Clarendon Street Austen Kennedy de Blois Chayrel Cortland Myers D. D Boston Society Boston Lotus Mme Wilhelmina Wright Calvert Temple Chorus A. J. Bairbanks Warren Avenue Baptist Church W. Cantonst Tabernacle Baptist Church Herbert Johnson Frederick E. Heath Heath Robert Lister Isabel Melville Pilgrim Guy Mitchell Ruggles Street Baptist Church Charles ©. Earle God Bible School Brotherhood W. Thomas Bone R. M. Skinner Clarendon Street Baptist Church Clarendon and Montgomery Streets James A. Francis RE. N.C. Barnes Dudley Street Baptist Church L. Page Fulton M. Sayford Conant John the Baptist The Herald of Jesus Page Union Square Baptist Church Walnut Street Somerville Francis W. O'Brien Jericho Road Centre Street Baptist Church Mozart and Centre Streets Jamaica Plain C. W. Hidden First Church Christ, Scientist Mother Church Falmouth Norway St. Paul Streets Preserver of Man MT. Vernon Beacon Street Massachusetts Avenue James Austin Richards Dudley Buck Jerusalem Himmel Liddle Estelle Patterson Lillian’ Hamlton Thornquist George B. Hills Oscar L. Huntting Kenneth Shaw Usher Old South Church George A. Gordon Gordon Mulholland Kipling G. Charles Gray North Congregational Church Roseland Street Cambridge Vincent Ravi Arthur Brooke Boston Symphony Orchestra Mary Harger Adelphi Harger W. B. Sachs ST. Paul's Cathedral A. B. Parson L. R. Brewer Montana Dean Rousmaniere Bishop Lawrence St. Augustine Dean Hodges Church OF the Advent Brimmer William Harman van Allen T. D Goss Hynhnis ST. Ann's Church East Cottage Dudley Street A. George E. Jenner Emmanuel Church Newbury Street Elwood Worcester William L. Clark Church of the Ascension ST. Stephen's Church Florence Street Lutheran ST. Mark's English Lutheran Church Winthrop Street Dudley Street Terminal Roxbury Edwin Lynn Miller Methodist Episcopal Daniel Dorchester Memorial Church Park Street Mighland Station West Roxbury Paul Smith Alpha Male Quartet Autiphones For the Deaf First Methodist Episcopal Church Temple At State House Frank W. Collier Presbyterian First United Presbyterian Church Warren Avenue West Brookline Street K. M. Munro Anl First Reformed Presbbyterian Church Ferdinand and Tsabellasts W. J. McKnight Universalist Roxbury Universalist Buena Vista Street James Harry Holden Holden

Bradstreet's Review Outlook for Holiday Trade in December

Bradstreet's reports a mixed week with some cheerful signs as winter weather boosts retail ahead of the holidays. Jobbing and wholesale activity ease toward inventory season, while pig iron demand rises in the South and woolen goods show some lift. Bank clearings total 3.187 billion dollars, with exports of wheat and flour and corn figures noted.

New York Bradstreet Canada

Also Mentioned on This Page

Devonshre St Kidder’ Peabody & Co Letters of Credit Baring Brothers & Co., Ltd London New Law New York Market Eit ER AT & SF Ohio Bklyo RT Ches & Ohio Deere & Co Erie Goodrich Goxabrich Oreorla Ani Harvester Money Markets Indiana Island Creek Yale NY & Ng NY &N North Butte Old Colony Min Old Colony RR Pond Ork Iney BS Consol St Mary's Shannon Shattuck Aria South Utsb Sup & Bos Swift & Ci United Fruit Iss Utah Vt & Mass Victoris West End Winona Iyle Wolverine Bay St- Gas Bohemia Calaveras Crown Natamiaa Foster South Lake AB Stewart Mason Valley McKin-Darragh Nevada Hills Anne Stewart Minneapolis Duluth St. Louis Kansas City RT Sts Toledo Saneeue Ie Detroit oRitan Ease Ste American Public Utilities Company Boston Stocks Jerslaes AT &T Aes Alaska Gold Allouez AOL Aw Ag Tel Edison Elec Edison el Rtawi Greens Ganiad Dun State Street Pennsylvania Railroad Pennsylvania Company Cities Service CO Chicago Market Bil Booth Fisheries Tea Conal & Dock ‘ Sane Chicago City Railways Edison Chicago Elevated Chicago Title & Trust Chicago Railways Hart S$ & Marx Kansas City Light Sears-Roebuck Swift & Co O United West Stone Union Carbide Tose Eace Morris Edeane Ogden Gas Pteumatic Tool Ss . Haee South Side Elevated Philadelphia Market Arsust UR Teun Phila Co Ao Lehigh Orig Hossa Stock Exchange Liverpool Tine Py Close O.gg Close Nee Oa Adventist Advent Christian Church Warren Street Farnham Parks and Tremont Streets A. Z. Conrad Dr. Conrad Ariel Grant Drake Shawmut Congregational Church Tremont Brookline Ellsworth Shumaker Union Congregational Church Columbus Ave West Newton’ St Benjamin D. Scott Carl, G. Bader the Great Episcopal Salvation Army Bowdoin Square Tabernacle Bowdoin Sq Salvation Meeting J. B. Short Antrim Donald and Campbell New Jerusalem Bowdoin Street State House Park James Reed H. Clinton Hay Heaven Unitarian King's Chapel School Streets Howard N. Brown Sydney B. Snow Mr. Snow Mr. Brown Lowell International Bible Students Associaton Majestic G. B. Raymond Raymond Divine Science Church of the Lying Hauntington Avenue Hall Robert C. Hannon Concord Street Lincoln Hall Vyom Henry Greeley Christadelphians Franklin Union Building Berkeley Street Common Cause Society Franklin Union Hall Jeremias E. Burke Church NEW Thought Church (Inc Richards Hall Huntington Chambers Emma C. Poore B. Gertrude Hall Parker Mbemorit Berkeley Appleton Streets Slattery FIRST NEW Thought Society Chauncy Hall Boylston Street C. E. C. Norris NEW Thought Forum Gale LYNN_ASSOCIATION OF SPIRITUALISTS Cadet Hall Market Street George B. Cutter Everett Lynn Scollay Square Unity Church Huntington Avenue Gainsboro Street Frederick A. Wiggin Misa Marie Stanley Lewis First Spiritual Alliance H. R. Edwards Court Hall Huntington Ave A. Hazen Stoddard Adele Williams Odd Ladies’ Hall Tremont Street Malden Irs Cambridge Hall Massachusetts Avenue Capertee George W. Nutter Science Bible Spiritual Church (Inc Washington Hall Masachusetts Avenue Rebecca G.treadwell Harmony Hall Washington St Spiritualist Phenomena Society N. P. Smith Bradstreet's
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