Money Markets and Foreign Exchange Report
Current Boston money market quotations show call loans at 5 percent and outside quick call loans 5 to 5 1 2 percent. Commercial loans range 5 to 6 percent and commercial paper 4 1 4 percent and up. Boston reserve bank rates cited and New York exchange data indicate overall market weakness with Sterling Cables at 4.80 and demand around 4.85 dollars.
MENTIONED IN THIS ARTICLE
Boston
Parelverin New York
Boston Reserve Bank
Clearing House of York Funds Exchanges
New York
Ggo
York
Fub-Treasury
Omand
France
Money Supply and Cash Ratios in 1914 Banking System
The piece explains that the early 20th century money supply relies on cash while the Federal Reserve system ramps up. It notes emergency currency, the 4 to 6 percent tax on it, and the impact on total loans and the cash-to-loan ratio, which hovered around 14 to 19 percent across recent years. It discusses the 1908 boom and 1914–15 adjustments, plus the influence of European war and reserve-system changes on future lending.
MENTIONED IN THIS ARTICLE
Federal Reserve System
Post Financial
Comptroller
United States
Sopwith
Sleniela E Saakd
Eensa
Tees
Wall Street Still Faces Excess Securities in Dull Market
New York market reports show supply of securities remains larger than demand with many issues at bottom figures. United States Steel fluctuated and ended weak, while Reading and Lehigh Valley showed strength on a federal court decision. Bethlehem Steel and Central Leather moved on dividend news as war sentiment boosts London mood. Bonds were irregular with total par value sales at 1,575,000.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
United States Steel
Steel Corporation
Reading
Lehigh Valley
Bethlehem Steel
Central Leather
London
United States
New York Stock Exchange
Alaska
Smelt & R Sians
Am Smelt & R Pf
Tel & Tel
Bet Steel
Beth Steel
Can Pacific
Cen Leather
Ches & Ohio
Cm&sp
Chino Copper
Erie
Agty Sbig
Goodrich BF Co
Ins Con Co
Nba
Mer Marine
Miami
Mobile & Ohio
Nat Biscuit
Nevada
Nynh&h
NY Ont & W
Penn
Ges
Pitts Coal
Pitts Steel
Rock Island
Thy
South Pacific Sd
South Ry
Tenn Copper
Texas Pacific
the Texas Co
Third Ave
Union Pacific Itm
Union Pac of
Bly TB
U Pac
United Cigar
US Steel
West Mary
West Union
Woolworth
Market Dull and Irregular in Steel and Chemical Lists
Market reports show Bethlehem Steel common and preferred rising sharply while iron and leather shares show mixed moves. US lists indicate gains for Bethlehem Steel pfd in New York and Island Creek pfd in Boston, with notable losses for Laclede Gas and Calimet & Hig in respective markets. Call money stands at 3 percent in New York and 5 percent in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Bethlehem Steel
Market Notes Show Little Price Change Across Stocks
Boston trading saw modest activity with United States Smelting Co common sliding to 2 7 8 1 4 amid a broader market lull. Alaska Gold rose to 25 1 2 as reports hint at near term financing through bonds convertible to stock at a 26 conversion price and 6 percent interest. Textile orders rise from foreign buyers while copper demand remains weak and prices fall to 13 1 8 cents. some producers increase output as others trim under a 50 percent curtailment plan.
MENTIONED IN THIS ARTICLE
Boston
United States
Mexico
Alaska
New York
Boston Stocks Prices and Bond Figures Reported
Boston Stock Exchange closing prices for the day December 22 show high, low, and last figures for bonds and stocks with comparisons to the previous close. The report lists market movements, noting gains and losses across listed securities as traders react to trading activity.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Metal prices on New York exchange news brief
On the Metal Exchange today shelter quoted 5.55 to 5.65, lead 3.75 to 3.85, tin 931-2 to 34, with stable ranges across commodities. The report notes modest activity as investors track market moves.
MENTIONED IN THIS ARTICLE
New York
Metal Exchange Today
Virginia Carolina Chemical Passes Preferred Dividend
Virginia Carolina Chemical Company will skip the January 15 preferred stock dividend due to unusual conditions in the South. Management says the move preserves funds for ongoing operations and business needs.
MENTIONED IN THIS ARTICLE
Virginia Carolina Chemical
Virginia Carolina Chemical Company
South
U S Smelting Declares Preferred Dividend, Postpones Common
Directors of the United States Smelting Refining and Mining Company voted the usual quarterly 87.5 cent dividend on the preferred stock yesterday. No action was taken on the common dividend, which had been passed three months ago.
MENTIONED IN THIS ARTICLE
United Fruit Company
State St
Boston
Mass
Charles A. Hubbari
United States
Nefinius & Mining Company
F. W. Batchelder
United States Smelting, Refining and Mining Company
American Power & Light Company
American Public Utilities Company
Anaconda Copper Company
Rcord
Central Leather Company
Central and South American Telegraph Company
Chicago City & Connecting Railways Company
Chicago Pneumatic Tool Company
Lehigh & Wilkesbarre Coal Company
Mexican Telegraph Company
National Rockland Bank
Nipissing Mir Company
Old Colony Gas Company
Union Switch and Signal Company
United States Smelting, Refining & Mining Company
Central Leather Declares 8 Percent Dividend Increase
Central Leather Company raises its common stock dividend to 8 percent, up 1 percent from last year. The 2 percent portion is payable February 1 to holders of record January 11.
MENTIONED IN THIS ARTICLE
Island Creek Coal Company
F. W. Batchelder
Central Leather Company
Westinghouse
Air Brake Company
Dividends Declared by Major Firms This Quarter
Several companies announced regular quarterly dividends with payment dates in January and record dates in December. Notable declarations include American Power & Light, American Public Utilities, Anaconda Copper, Central Leather, and others across utilities, metals, and rail sectors. No dividend resumes on common stock was noted.
Waterbury borrows bonds in varied city issues
Waterbury Connecticut sells four issues totaling 475000 in bonds to Merrill Oldham Co for 491762 including 300000 school bonds series two due 1922 to 1951 106000 school bonds series three due 1984 58 to 5000 annually and 75000 bridge bonds due 1944 Other bidders listed along with bids from nearby towns and cities The Boston city bond syndicate led by Estabrook Co dissolves after profit from 6558000 per cent bonds sale appears complete The Waterbury note ends with a teaser about upcoming magazine feature.
MENTIONED IN THIS ARTICLE
A. B. Leach & Co
Blodget & Co
Curtis & Sanier, Lee, Higginson & C O
Clark, Dodge & Co
N. W. Harris& Co
Estabrook & Co
R. T. H. Barnes’ & Co
Hincks Bros. & Co
Hornblower & Weeks
R. J. Day & Co
Parkinson & Yiurr
City of Boston
Also Mentioned on This Page
Railroad Securities of the
Postoffice Square
Philadelphia
Buffalo
A. B. Leach & Co., Ltd
Chicago
Baltimore
Renskorf, Lyon & CO
New York Colton Exehen
Chicago Board of Tr
New ST
LOOR
Goldfield
FIELD & FAY _SS
Island Greek Coal Company
United States Smelting Refining & Mining Co
American Telephone & Telegraph Co
G. D. Milne
Money Markets
Dee
Rency
New York Market
Standard Oil
Anglo-American
Atlantic Refining
Borne-Serviser
Buckeye
Colvain
Crescent Pi
Eureka
Indiana
National
Tea Tangit
New York Transit
Ohio
Swan & Finch
Union ‘Fank Line
Virginia-Carolina Chemical
Boston Stocks
T&t
CB & Q
West T& Tis
Algonish
Pneu Pf
Arizona
Bos
Bos & Maine
Butte Ballak
Butte & Sup
Cal
Cal & Heclarens
Chino
East Butte Ag
Edison Elec
Franklin
General Elec
Granby
Greene Can
Greene
Hancock
Inspiration
Island Creek
Isle Royale
Kerr Lake
Nipissing
North Butte
North Lake
Pullman Co
Bay Consol
Shannon
Shattuck Aria
Itt& Co
Amarack
Torrington Pf
Tuolumne
United Fruit
Ape
Utah Consol
Utah Cop Co
Western Union
STM
Ccord
Metal Markets
U. S
Atlanta
Bay State Gas
Boston Bly
Butte & London
Cal & Corbin If
Crown Reserve Ih
Davie Daly
Humboldt
Nevada Douglas
South Lake
Stewart
Tonopah Extaha
Middlesex County
Tall River
R. L. Day & Co
Morgan & Bartlett
Blake Bros. & Co
Curtis & Sanger
Farmers Loan & Trust
Quincy, Mass
RB. I
Day & Co
Farmers Loan & Trust of New York
Aerrees
Walter S. Ball
Sunday Post
THE
Howard
Follies
Santa Claus
Will H. Ward
Marion
Dreamland Company
Eva Mull
Lena la Couvier
Helen Douglas
O'Brien
Dennet
Goslen
Crouch
Richards
Ernest
Prior
Cunningham and Coveny
Sipe
la Jess
Ofloward
Bone Loarners
Rabbit
Maranville
Revere House
Scollay Sqare
Thomas Musical Comedy CO
T. F. Thomas
Robert Edeson
Vino and Fay
Marion and Caumberland
Mel Eastman
Leo Feist
Bowdoin Sq
Moving Picture Classico
Frank MelIntyre
Fritz Williams
Wilbur
Hodge
Belis Lane
Boston Theatre
Hall Caine
Exeter
Boylston St
Chas
Richman
Paramount Pictures
Loew’s Orpheum
William Farnumw
Ornate Tran
Loews Globe Theatre
Elizabeth Cutty
Armstrong and Ford
Belleclair Bros
Lou Hoffman
Gaiety Burlesque Geo.stone and Pillardetta
Grand Opera ‘House
Kleln’s Drug
Tremont & Boylston
Sta
Tre
Mats
Flo
E Reed and
Edwin Arden
Cohan & Harris N. Y. Company
Geo. M. Cohan
Baldpate
Cort Christmas Day
Oliver Morosco
J. Hartley MA
Heart
Plymou Cyril Mau DE Extra M
Franklin Park
Blue Hill Ave
Columbia Road
Charles Richman
TOY
Dartmouth Street
Wiss Muffett
Loew’s ST. James
Texas Tommy
Robinson’s Elephants
Scollay
Olympia
Richard Henry Warren
EITH
Hiram Tr
Fred J. Ardath & Co
Joe Boganny
Lunatic Bakers
Van
Joe Schenck
Marie Fitzgibbons
En Ryan
Harriet Lee
Lucy Gillett
el Cota
Meyako
Sisters Whelans
Pathe Weekly
Colo IA
Greaves
Charles Frohman
Julia Sanderson
Donald Brian Joseph Cawthorn
Utah
Hollis
Ann Murdock
N. Y. Hippodrome
Waldron’s
Tremont Row College Girls
Tremont TI Ditmars
Wild Animal Life Pictures
Pittle le A. M
Fuumuray
Mme. Schum
F Hall
Gale
Castle Square Theatre
Hone Oxford
Little Theatre
Petar Pan
Herald
Post
Globe
Transcript
Mary Young
Vorenberg’s
Winter Street
Majestic Fei
Pares
Omar the Tentmaker
Mantell
King John
Macbeth
T OF Venice
Hamlet
Tours
Richelieu