Central vs Penny editor's note on railroad dividends
The column analyzes earnings and dividend prospects of New York Central and Pennsylvania Railroad. It compares dividend records, noting Pennsylvania's longer uninterrupted history since 1856 and higher average earnings over the past decade. It discusses current payout rates 6 percent for Penn Central and 5 percent to possibly 6 percent for New York Central, with a table of annual earnings and dividends for 1915.
MENTIONED IN THIS ARTICLE
New York Central
Pennsylvania Railroad
Pennsylvania
Boston & Maine
New York Central & Hudson River Company
Treasury
Pennsylvania and New York Central Stock Compare in Ten Year Span
The article analyzes Pennsylvania and New York Central stock performance over a decade since 1906. It notes Pennsylvania rarely sold below par, with highs and lows in context, and contrasts Central’s volatility, expansion, and financing strategies. It discusses terminal projects, dividends, and future prospects for both railroads.
MENTIONED IN THIS ARTICLE
Pennsylvania
New York Central
Central
Boston Stocks Slip and Rise On Boston Exchange
Boston stock prices for the day show the high and low on the Boston Stock Exchange with a comparison to the previous close. The report lists the last prices and notes the market direction for major securities traded in Boston.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Bond Market Mixed Activity Test Returns in New York
Trading was less active with steady prices, as United States Government bonds and corporate issues traded. The day featured varied prices across 5s to 44s, with notable activity in Puget Sound and Pan American issues and large turnover reported. Total sales reached 3.9 million dollars, compared with prior periods.
MENTIONED IN THIS ARTICLE
New York
Ema
New York Market Sees Low Volume Amid War News
New York trading on December 21 saw a total of 340000 shares, with Tealings lacking momentum while Austria note concerns loom. Copper advanced to 20 14 cents, Baltimore & Ohio earnings rose $1,176,000, and Anglo French bonds drew strong interest as U S Steel and rails traded under pressure. Total par value sales reached $3,730,000.
MENTIONED IN THIS ARTICLE
New York
Austria
Gallipoli
Great Britain
London
Baltimore & Ohio Railroad
United States Steel
U. S
Broadway
New York City
N. Y
Braden Copper Mines Company
Kennecott Copper Corporation
Scrip
Messrs
A. Barton Hepburn
William B. Thompson
Bladen Copper Mines Company
Chase National Bank
Rail bonds swap boosted by bank purchases
Kuhn, Loeb & Co and National City Bank acquired from Chicago Milwaukee and St Paul Railway two million six thousand dollars in mortgage bonds due 1989, issued to refund the Dakota and Great Southern first mortgage bonds maturing January 1, 1916.
Market Yesterday and Year to Date in New York and Boston
Yesterday total sales were 338 701 shares in New York and 29 107 in Boston. Anaconda led New York activity with 62 200 shares and Ventura Oil led Boston with 5 575. Year to date sales: New York 167 547 900. Boston 11 762 499. Compared with last year, New York total was 47 763 800 and Boston 3 427 943. Top gain New York General Motors 15 18 to 510. top loss Delaware, Lackawanna & West 5 to 220. Boston gain Mergenthaler 2 to 167. loss Fitchburg pref 2 to 71.
MENTIONED IN THIS ARTICLE
B & Q Jt
Rivce Ae
Swift & Co
West T & T
Ahmeek Asa Ennee
Alaska Gold
Algomah Sane Eeene
Alloues
Arizona Commeree
Gulf
Gulf Pf
Bos
Steer
Bos & Maine Weer
Butte Al-Scott
Butte Ballak
Butte
Edison Elec
Eae
Fitchburg Pf
Franklin Seeeeenee Ma
General Electeneee
Granby
Greene Can
Island Creek Seeeee
Island Pf
Isle Royale
Kerr Lense Ene
la Salle
Mokiwain
Mass OG
New Eng Teler
NY & Seeeee
Nipissing
North Butte
Northern Rrr
Nor & Wor
Old Col RR
Col Min Hq
South
Utah
Sup & Bos
Superior
Tamarack Ce
Torrington Steeeee
Torrington Pf
Trinity Fen
United Fruit
U S
Steel Seneeree
U S Steel Pf. Eee Nee
Utah Apex Aseries
Utah €Onsol
Utah C
Winona Hae
Wyandot Beeen
New York
New York Stock Exchange
Alaska
Juneau
Tel & Tel
Ee Eare MT
Associa
Atch
T& SF
Ohio
Brunswick
Fils
ChiMé& SP
Chi Ri & Pac Ry
Chili Cop Co
Col Fuel & Iron
Corn Table Co
del & Sis
del Lack & West
Denver Rio
Goodrich
Nor Ore Ctfe
Greene-Cananea
Gug’h’m Ex Co
Illinois Central
Inspiration P Co
Interboro Con
Lake Erie & W
Lehigh Valley
RIM
Liggett & M Pf
Louis & Nash
Maxwell Motor
Maxwell Ao Witaris
Boston
Anaconda
Ventura Oil
General Motors
Delaware, Lackawanna & West
Mergenthaler
Fitchburg Pref
Boston Market Mixed on United Shoe and Zinc News
Spot activity dominated trading with United Shoe Machinery stock rising on news of a suspended injunction, while American Zinc reported to earn 26 a share for the year. Copper remained strong in London with prices near 2014 cents, yet local shares and major copper issues slipped 4 to 6 points from a month ago.
MENTIONED IN THIS ARTICLE
Boston
United Shoe Machinery
New York
London
Investment list of preferred shares and mills notes
A dense banknote style roster lists numerous mills and companies with bond and preferred stock notes. Items include Buffalo and Susquehanna 44s, New England Fuel Oil, United Gas and Electric, Norcross Brothers preferred, Nashua Street Realty, and Westinghouse Machine bonds among others with varied amounts and issue years.
MENTIONED IN THIS ARTICLE
Buffalo & Susq
Massachusetts Cotton Mills
Sagamore Mfg. Co
U. S
New England Fuel Ol
International Steam of
N. Y
Norcross Bros
Lackawanna, C. & Lumb
Nashua Street
Spartan Mills
Cotton Mills
Union Buffalo Mills
Canadian Conn. Cotton Mills
Nat'l Lt
Ht. & Pwr
Westinghouse Machine
Mathieson Alkall. Com
Whittier Mills
Amer
For Sale List of 1929 Investments and Company Names
A dense list presents numerous company names and stock mentions such as Draper, Arlington Minks, Nashawena Mills, Mississippi River Power, Adirondack Electric Power, Reed Prentice, Bigelow-Hartford Carpet, W L Douglas, Hamilton Woolen, U S Worsted, Whitcomb Blaisdell, Waltham Watch, Massachusetts Breweries, Farr Alpaca, U S Finishing, Boston W Hose and Rubber, Great Falls Mfg, American Glue, American Piano, American Iron and Steel, Art Metal Construction, Childs Company, Hendee Miz, Kirby Lumber, U S Finishing consignments, and contact details for Hotchkin & Co Inc at Boston and New York addresses.
MENTIONED IN THIS ARTICLE
Draper Company
Arlington Minks
Nashawena Mills
Mississippi River Pwr
Adirondack Elec. Pwr
Reed Prentice
Bigelow-Hartford Carpet
W. L. Douglas Shoe
Hamilton Woolen
U. S. Worsted
Whitcomb Blaisdell
Waltham Watch
Massachusetts Breweries
Farr Alpaca
U. S
Boston
Merchants & Miners plan bond issue and stock reduction
Baltimore report says Merchants and Miners Transport Co plans a mortgage to secure 5 million dollars of 6 percent bonds for 25 years. Three million two hundred thousand will be sold immediately to retire notes and exchange bonds. Capital stock would drop from 5 million to 3 million. 80 percent of stockholders have signified assent.
MENTIONED IN THIS ARTICLE
State Street
Boston
Mass
John W. Damon
Asst
Treas
Baltimore
Merchants & Miners Transportation Company
Money Markets December 21 Foreign Exchange Rates
The foreign exchange market was firmer with afternoon dealings between bankers. Sterling-Cables quoted at 4.73 and 4.72 dollars on demand, francs at 5.82, marks at 7.34, guilders 4.34, lire 6.54.
Railroad earnings for 1915 and 1914 show gains in several lines
Baltimore and Ohio reports November gross of 9 233 682 versus 6 879 269 a gain of 2 354 413. Kansas City Southern posts 954 705 gross in November up from 879 046. Philadelphia Rapid Transit shows November gross 2 136 746, up from 1 959 824. Net after taxes rise for each line.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
Aessacs
Kansas City Southern
Philadelphia Rapid Transit
Also Mentioned on This Page
Kidder, Peabody & Co
Devonshire St
Wall Street
Baring Brothers & Co., Ltd
Penny
Pennsylvania Central
Seereee
Boston Stocks
United States
Feeldie
Coup Tour Ik
Stock Exchange
Milésip
Puget Sd
BOS Ovis
C & Nwn
Nort & W
Rep
Cuba
Norf & W
del’ & H
den & RG
du Pont de Meni Peo Gas & Coke
Chicago
5S Trust Co
Cfs
Y Gas
Cape Copper
Power
Vie
Bros & Sae
TS Ace
Goa
Pasian
Ain
Rees
Penn
CSIPM
Omds
Alaska G Mines
Hide & L
T & T Col
Hci Ata
Adams Express
Ds Neca
T&t
Arbor
Mohini
Mageee
Bhainees Balt & O
Sagara
Vyuoee
Vwira Int 'Ee Marine Col 44S Trust Co
Ctfs
A & Cin
Serene Sete Ae Mo
Pac
Aona
Mt&s
L& SF
Trust Co Cfs
P M& M
Thea Wz
M&m
New York Market
Ili
Mont Power Co
NHS H
Nor & West
Nor Pac
St &Sf
Seaboard Air L
Sloss-Sheffeeeee
South Pacific
Studebaker
South Ry
Studebaker Pf
Texas Co
Union Acific
Uni
Cip&f
Rd & Rf
Wabash Wi
West Union
West
Maryland
Westinghouse
Wil-Over
Wil-Overland
Woolworth
Richardson, Hill & Co
Congress Street
New York Cotton Exchange
Chicago Board of Trade
Lawson
G. W. Field & CO
Boston Curb Exchange
Congress St
G.W. Field &Co
United Fruit Company
Island Creek Coal Company
K. W. Batchelder
F. W. Batchelder
Sulzberger & Sons Company
William C. Buethe
National Zinc & Lead CO
State St
John J. Hammers
NEW England Telephone and Telegraph Company
Francis A. Houston
Wipe Bay Company
John W. Vamon
Agat
American Public Utilities Co
Kelsey, Brewer & Co
Michigan Trust
Grand Rapids
Michigan
Megargel & Co
New York and Investment
Boston Stock Exchanges Securities
Pine Street
New Orleans
Saales Eneeimesekete Reds
Liverpool
Low
Loew’s
Boston Theatres Associates
New Orpheum
Globe and St. James
Downer & Co
American Zinc
Kennecott
Braden Co
Prarie O & G
Irie P L
Boston Telephone Main
Hotchkin & Co., Inc
Pine St
Mojave
United Verde
Atlanta
Tonopah Belmont
National Inc
Bay State Gas
Fee Eee
Beaver
Barnes King
Eeeeven
Bingham M
Bohemia
Ont
Butte & Son Sooner
Calaveras
Davis-Dalyeres
Humboldt
Majestic
Nat Zinc
Nevada-Doug
Miami
Temiskaming
Utah Metals Ee
Lord Jan
N. Y Minn
Duluth
St. Louis
Toledo
M. & M. Line
Money Markets
Federal Reserve Bank
Para
Eressereeseeness
Pen Evras Hs Eevenreens
Treasu
ilGa Pws
Eee
T. Ulrich