Markets evince pronounced strength across exchanges
Market activity shows total sales in New York of 541 200 shares and Boston 46 459. Most active New York steel common at 122 700 and Boston Butte & Superior at 9 788. Year-to-date totals New York 130 258 500, Boston 11 145 770. Yaer-over-year New York 123 059 500, Boston 6 851 350. Major gains General Chemical in New York and Calumet & Hecla in Boston. notable losses Del., Lack. & West. and Mergenthaler. Call money New York 5.5 to 6, Boston 6 to 8 percent. Time money New York 4.25 to 5, Boston 5.5 to 7 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Butte & Superior
General Chemical
Del
Lack. & West
Calumet & Hecla
Mergenthaler
Ol Os
Algomah Wena Nee
Allouez Ee Aeeeve
Am Ag Ch
Tel & Tel
Woolen Pt
Arizona
Gulf of Keens
Bos & Albany
Boston & Corbin
Bos & Lowel
Bos & Maine
Bos Elevated
Butte & Sup
Butte Bailak
Cal «& Arizona
Sal & Hecia Sees
Conn & Pass
Indiana
Michigan
North Butte
North Lake
Oibway
Old Dominion
Osceola
Ray Consola Seeee
St Mareeeeee
Santa Wesweee
Shannon Pe
Shattuck-Ariz
IBY
Nevine Cop
Swift & Co
Utah Consol
Utah
Coeeeeee
Wolverine
Market upturn broad and steady in New York stocks
The New York market shows a strong, inclusive advance across rails, steel, copper, and industrials led by Union Pacific rising to 1607 8. The rise follows short-covering but appears broad with no weak spots, while uncertainty about year-end money flow to banks tempers buying. Berlin seeks long-term funds at 8 percent amid higher six-month rates. bond demand strengthens with total shares around 2.285 million par.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Wall Street
Berlin
Germany
United States
Dividend Notice from UNITED GAS & ELECTRIC COMPANY
The Board of Directors declares the regular semi annual dividend of 214% on the outstanding preferred capital stock. Payable January 16, 1918 to stockholders of record December 31, 1912. Books close December 31 and reopen January 15, 1918. Dividend checks will be mailed. Henry Morgan, Treasurer.
MENTIONED IN THIS ARTICLE
United Gas & Electric Company
Wall Street
New York
Henry Morgan
Treas
Torrington Company declares 314 percent preferred stock dividend
The Torrington Company announces a bi annual 314 percent preferred stock dividend payable January 1 1918 to holders of record December 24 1912 Transfer books close December 24 1912 reopen January 6 1913 B C Vincent Treasurer. Shannon Copper Company board declares a fifty cent per share dividend payable January 3 to stockholders of record January 10 1913 transfer books close C B Jeffers Treasurer.
MENTIONED IN THIS ARTICLE
Tor Company
Cc. B. Vincent
Shannon Copper Company
Shannon Copbpany
C. B. Jeffers
Local Market Buoys Copper Shares on Bullish Day
The Boston market shows strong bullish action led by Butte & Superior pushing prices higher. Isle Royale North Butte Dominion Amalgamated China and Steel common gain as Calumet & Hecla rises. W F Fitzgerald of Fitzgerald Hubbard & Co endorses optimism and predicts Wilson as a great asset.
MENTIONED IN THIS ARTICLE
Steel Common
Union Pacific
Butte & Superior
Boston
London
Isle Royale
North Butte
Dominion
Amalgamated
China and Steel
Calumet & Hecla
W. F. Fitzgerald
Fitzgerald, Hubbard & Co
Fitzgerald
Wilson
Boston Stocks Record Totals in Mixed Sales
In Boston the market reported total sales of 46,459 shares alongside bonds valued at $9,000. The figures reflect a diverse trading day with notable activity across equity and fixed income instruments. Investors watched volume move as prices fluctuated amid sector rotation and liquidity shifts.
Mexican Metals Stock Surges on New Ore Valuations
Trading in Mexican Metals far outstripped other curb issues with 14 050 shares changing hands. News from August Fritsche on ore values at Alacran Palo Seco and Campbello spurred heavy inside buying from New England inland markets. The stock rose to 61 16 while Alaska Gold gained to 123 4 and Butte Central eased slightly.
MENTIONED IN THIS ARTICLE
August Fritsche
Alacran
Palo Seco
Campbello
New England
Lawrence
George H. Woodman
George E. Keith
Alaska
Butte Central
Money markets show little movement in call loans and rates
No appreciable change in rates across money markets with most business in short maturity loans and light call demand. New York on call traded around 4 1 2 percent with time funds at 6 percent for 60 and 30 days, 5 3 4 to 6 percent for four months, and 5 1 2 to 5 8 4 percent for five to six months. Local money and foreign exchange quotations followed the steady trend.
MENTIONED IN THIS ARTICLE
Sterling Exchange
New York
Money On Call
Eee
Boston Clearings
Boston Balanes Ee
Boston
Reichsmarks Afer
Guilders
Metal markets report with mixed gains and steady metals
London closing shows copper up to 108 per ton with 400 tons sold on spot. Futures rise to £76 12s 6d as copper posts gains. Lead remains around £18 2s 6d, spelter £26 10s, tin up 7s 6d to £227 2s 6d with 80 tons traded spot and 190 tons futures.
MENTIONED IN THIS ARTICLE
Cookson
London
State Street Topics Market Recovers Further
The market held early gains through the day with quiet close. Amalgamated copper and Steel stock led, aided by Morgan and foreign trade Signals. Banks gain cash, Union Pacific recovers from lows as Southern Pacific distribution debated. Boston Elevated stock rights shrink in value.
MENTIONED IN THIS ARTICLE
Amalgamated
Morgan
Bank of England
Europe
Newburyport Silver Co stock offered for sale in Keene NH
H F Gibbs Co reports November net earnings 95214 for Massachusetts Lighting Co and five months earnings 419488. Newburyport Silver Company of Keene NH offers stock with 7 percent dividend, no bonds, tax exempt in NH and Maine, proceeds for working capital, earnings growth projected to not less than 26 percent.
MENTIONED IN THIS ARTICLE
Massachusetts Lighting Companies
Navy
Hf. C. Gibbs & Co
State Street
Newburyport Silver Company
Keene, N. H
Bis State
New Hampshire
Maine
General Film Co declares annual dividends on preferred and common stock
General Film Co. directors declare the regular annual dividend on preferred stock set at 7 percent and 12 percent on common stock. The dividends are payable January 1 to stockholders of record December 31.
MENTIONED IN THIS ARTICLE
Twe
General Film Company
Mellen Sets Forth New England Railroad Policy
Charles S. Mellen, president of the New York, New Haven & Hartford, outlines his views on New England railroads. He pledges unity among New England lines, defense via Canada and water routes, and expansion of electrification, while defending management against critics and denying secret plans to buy trolley lines or monopolize routes. He condemns attacks and warns of risks to safety amid ongoing public controversy.
MENTIONED IN THIS ARTICLE
Charles S. Mellen
New York, New Haven & Hartford Railroad
New England
New York, New Haven & Hartford Railroad Company
Boston
Canada
Grand Trunk
Providence
New Haven
Boston & Maine
New England Lines
Brandeis
New Haven Road
Choate
Massachusetts State House
Massachusetts
Western
Masachusetts
New Haven Railroad
The
Commission On Commerce and Industry
New Haven Company
Boston & Providence
American Express Company
New York
Sagamore
Mass
Worcester
Public Utilities Commission of
New Hampshire
Dea
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Smelt & R
T&t
WW & G Pe
At& SE
At& SF Pf
Atc
An Pacific
Ase J I Co
CSPMO
CC C&sl
Deere & Cow
Erie
Goodrich B F Co
Kayser J & Co
Kk & D
Lackawan Steel
Lehigh Valley
Liggett & Mey
Liggett & Mey Pf
Loose-Wiles Co
Louis Nash
Mackay
NH & Fi
Nor & West
Nor Am
Wwe
Pitts Coal
Rock Island
Sla&sf
Seaboard
Sears-Roe
Sears-Roebuck
South Pacific
Studebaker
Third Ave
Texas Pacific
Texas Land Tr
Texas Co
Utah Copper
BAI
C&c
Wabash of
West Union
Westinghouse
Westing
West Hay
Seeeren
W&l i
W&lepe
W& LE
Woolworth
Torrington Company
Boston Stocks
Consul Ariz
Cortez
Eagle & B .Bell
Nat'l
Goldfield
Hollinger
Houghton Eeetee
Lion Hill
Majestic
McKinley Dar
Nevada
Douglas
Ohio
South Lake
Yukon
Money Markets
Metal Markets
Post
Money Trust
Southern Pacific
Supreme Court
Wickersham
Union Pacific Stock Pacific
Wallstret
Boston Elevated
I’riday
Syiz
Ameenene
Liverpool
Dee-Jan Jan-le
GSG
Wes i
Te Lat
AlPortland P Baryon
Rere
Cube
W & DC
Ray von Cop
Norris
Allis- Chalmers
Jndane Steel
Sen Ae AP
Bibeese Ag Chem
Sheen Rae
Cot
Bo Pacifig
Armory
So Real i
M Mar
Uae
Kan City
Ae Gas
Kings
Texas & Piat
Gnl
Nfs Liggett & Ms
Underground Bee
Beth Steel Rig Bel Mo
Union Pac Ist Fe
Bklyn
Morrisk
Cal Gas
Ins
Pitts Po
Cee & Q Joint
Sparta
Wabagi
Seer
Dessees
Midland
Colk & So
Eg Tr Co Etfs Ganka Cable
Nes
Wab-Pt
Sotfa
North Pacific
Big É
Ae Pacific
Wits
Chicago
Minneapolis
Duluth
St Louis
Kansas City
Toledo
Philadelphia Market
Ask
Am Comens
Phila Co
Am Rys
Cam
Phila RT
General Film CO
Mellen
Great Terminal Yard
America
Continent
Hudson River
Union
New York, Ontario & Western
Rutland
Long Island Sound
Bee
Western Massachusetts
Railroad Committee
Sound
Gulf Points
Connecticut
Mr. Morse
Metropolitan Steamship Company
Boston Chamber of Commerce
American Express
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