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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 28, 1912

Page

10

Daily Stock Market Recap By City And Date

Total sales New York 125900 shares Boston 22061 shares most active issue in New York steel common 26200 shares in Boston North Butte 4645 shares. Jan 1 1912 to date New York 131270700 Boston 11243585. Corresponding period last year New York 124201600 Boston 7062019. Greatest gain New York P C C St L 2 to 105. Greatest loss New York Lehigh Valley 454 to 167. Calumet Hecla gain Boston 5 to 535 Edison Electric loss 4 to 275 Call money New York 1 to 12 percent Boston 7 percent Time money New York 5 to 6 percent Boston 6 to 7 percent.

New York Boston Steel Common North Butte Lehigh Valley Calumet & Hecla Edison Electric

Market Variations End In Small Losses On New York Stock List

The New York market closes with mostly losses and little initiative amid unusually light business. Harvester Beet Sugar Can and Rubber led declines, railroads showed brief strength, copper rose briefly as metals advanced abroad, and money rates fluctuated. renewals peaked at 19 percent before easing. Banks forecast a roughly 4 million cash surge, while the bond market remained irregular with some heaviness in convertibles. Total bonds sold par value 1.48 million.

New York Lsts United States

Grain Markets End Year with Mixed Wheat and Corn Moves

Dec 27 grain notes show higher wheat on cables and cash demand offset by liberal receipts, but gains fade as offerings rise. Corn declines amid larger supplies and varied demand. oats steady to lower. Liverpools rise, Paris and Berlin mixed, Minneapolis and Duluth receipts up sharply from last year.

Liverpools Paris Berlin Budapest Antwerp Minneapolis Duluth Chicago

Dividend notices from Button Hole Machine firms and Columbus Electric

Quarterly and preferred dividends announced by The Reece Button Hole Machine Company International Button Hole Sewing Machine Company Mary Reece Folding Machine Company and Columbus Electric Company. Dividends payable dates range from January 1 1913 to December 21 1912 with stockholders of record at end of business dates January 4th 19138 and January 4th 19138. Notices signed by Francis A Shea, President and Transfer Agents.

The Reece Button Hole Machine Company Francis A. Shea International Button Hole Sewing Machine Company Reece Folding Machine Company Randis A. Shea Columbus Electric Company Columbus Georgia Rdat ‘Uainece TER

Boston Market Chills On Flat Trading Day With Dividend News

The Boston market posted dull activity with few initiate moves. Copper Range subsidiaries declared dividends of 3 by Trimountain and 7 by Baltic, Trimountain paying 8 for first time since 1910. Granby rose on hopes dividends will resume, Massachusetts Electric gained, Woolen preferred slipped, and New England Telephone climbed as the day ended firm.

Boston Dulness North Butte Granby East Boston Copper Range Trimountain Baltic Massachusetts Electric Common New England Copper Range Consolidated Copper Range Consolidated Mining Company State Street Etg Ep Ri Hee AON Ars Pree Erie

Boston curb market slips and gains in metal shares

The curb market was active with Mexi can Metals Nevada Douglas Lion Hill Consolidated Alaska Gold United Verde Extension Majestic La Rose Raven and Butte London among movers. Prices moved across bids with Mexican Metals at 2384 and Raven Copper at 32¢, United Verde Extension at 90c, La Rose jumping to 85-16, and others fluctuating between small ranges. Detailed fluctuations follow.

Nevada Douglas Lion Hill Consolidated Alaska Gold United Verde Extension Majestic la Rose Raven Butte & London Lion Hill Alaska Gala United Verdes Raven Copper Alaska Gas Bay State Boston Elyevens Butte Centros Butte & Son Calaveras Chief Re Crown Res Bos Davis Daly Wenn Ely Naft Houghton Kuskulana ‘H Laramie Pea Ohio South Lake Stewart

Money market fluctuations dominate New York business

The money market in New York showed wide rate swings for call money from 10 to 12 percent, closing around 11 1/2 percent. Most call loans ranged 8 to 10 percent, drawing funds from Boston. time funds eased with 90 day bids near 6 1/2 to 7 percent and other maturities around 6 1/2 to 7 percent, amid broader foreign exchange notes and bank metrics.

New York Boston Cers cc Ccsccccece Nsec Reas Boston Clearings Bio Boston Balance Eeee Creer Res Boston Sub-Treasury Credit Ceerees Jacases Sane Pankers’ Sterling Reichsmarks Eees

State Street Topics on a dull trading day and bank outlook

Yesterday the stock market was quiet with total volume around 125,000 shares and most price moves small. American Beet Sugar hit a yearly low around 4634, drawing criticism of traders while several so called pool stocks like United States Rubber and American Can fell despite overall dullness.

United States

Bradstreet Review: Year End Trade Strong Despite Profit Pressure

Bradstreet's review notes a record holiday trade across most regions, driven by high output rather than profit margins. It cites strong wholesale activity in textiles and building materials, shorter holiday shutdowns in iron and steel, and rising orders for spring goods while inventories rise. Bank clearings hit 2.926 billion dollars with a 12.6 percent rise. Canada shows year end patterns. 253 business failures that week.

New York Bradstreet Northwest Southwest Pacific Coast Boston United States Canada

Trade review notes year end readjustments and strong holiday retail

R H Dun & Co Weekly Review of Trade reports slowing domestic operations as year ends, with exceptional holiday retail strength. Jobbers see high close prices for piece goods, mills well sold ahead, and steady cotton goods demand from mail orders. Woolens and worsteds show heavy fall orders, but deliveries constrained by mill production. Failures drop in the U S and Canada.

New York R. H. Dun & Co Review of Trade New England Chicago United States Canada

Quiet Cotton Market Sees Prices Slip From Opening Highs

A calm session in the cotton market saw prices trend downward after a disappointing open. Heavy selling by familiar traders outweighed demand from Liverpool and spot houses, with January especially weak ahead of first notice day next Monday. By afternoon, offerings rose and the market fell about 16 points from the prior close.

Liverpool

Calendar for Today Assets Realization Company notes

Assets Realization Company old preferred stock yields 1 3 4 per cent. New stock at 2 per cent. Chicago Telephone at 2 per cent. Lehigh Valley Railroad assets realization com preferred and 2 per cent. National Biscuit Company 1 3 4 per cent.

Assets Realization Company Chicago Tel Lehigh Valley R. A National Biscuit. Com

New York Railways Bond Move Elevates Market

The bond market in New York shows New York Railways adjustment 58 rising to a new high for the current movement while other traction issues stay firm. Total sales reach 1 481 000 versus 1 237 000 yesterday 2 285 000 a week ago and 3 041 000 a year ago. From January 1 to date 869 351 000 against 883 843 000 a year ago.

New York Railways

Metal Markets Show Renewed Dulness at Exchange

Metal prices drifted lower with copper steady while tin rose slightly. London closing figures list copper at £76 28s 6d spot, £77 2s 6d futures, with copper best selected at £81 10s. Lead and spelter steady near prior levels, tin unchanged in spot and futures.

Ea Eeee Sesee Cookson’s London

Bogus Coal Shortage Allegation Circulating

The report asserts federal probes into the national coal situation aim to expose a supposed shortage used to pursue hidden ends. It notes investigators withhold theories while rumors claim coal operators profited from a famine.

Coal Shortage Sparks Questions on Price Hikes

The United Improvement Association questions coal shortages and argues prices should not rise. Led by president Joseph Leonard and secretary Howard Whitmore, the committee met Special Agent Frederick Schmid and seeks cooperation with a New Hampshire commission. Governor Foss and Gov Bass may appoint joint inquiries. The group contends shortages are exaggerated and dealer claims are unwarranted.

Myron E. Pierce United Improvement Association Frederick Schmid Department of Justice Joseph J. Leonard Howard Whitmore Myron F. Pierce Hartwell Foss Leonard New Hampshire Bass Peterboro N. H New Hampshire Commission Whitmore Ewing

Promoters face mail fraud case in Hawthorne correspondence

New York December 27. The court heard bulk of evidence from the hefty correspondence Hawthorne and fellow promoters Julian Hawthorne Josiah Quincy Dr William Morton and Albert Freeman conducted with prospective investors. They are prosecuted for alleged illegal use of the mails as part of mining stock promotion.

New York Julian Hawthorne Josiah Quincy William Morton Albert Freeman

Hawthorne Letters Show Probe into Stock Subscriptions

Readings of letters reveal investors from army officers to university professors. Hawthorne describes oversold Temagami-Cobalt stock and urges subscribers to buy, noting many offers came in recently and predicting share prices may rise beyond a year. He admits not being a promoter and claims personal investment confidence.

United States Army Mr. Hawthorne William S. Brewster Warehouse Point Conn Hawthorne Harvard Yale Temagami-Cobalt Royal Meeker Department of History, Politics and Economics Princeton University

Funeral services set for Patsey Sheppard

Funeral arrangements for the late Patsey Sheppard are completed. The service will be at 1 PM Sunday at St. James Catholic Church on Harrison Avenue. Viewings will be 10 to 12 at the Elks Home on Somerset Street. Interment follows at Elks Rest Mt. Hope.

Patsey Sheppard St. James’ Catholic Church Harrison Avenue Elks Somerset Street the Elks’ Rest Mt. Hope

Michael Roughan of Boston Dies at Jamaica Plain Home

One of Boston's best known men, Michael Roughan, died yesterday at his Jamaica Plain home. His death marks the loss of a prominent local figure with wide community ties and extensive business interests.

Boston Jamaica

Michael Roughan Pioneer Stevedore Dies in Jamaica Plain

Michael Roughan a Boston pioneer stevedore and wealthy real estate operator aged 95 died at his home 18 Arbor Way Jamaica Plain yesterday at 1 05 PM from a complication of diseases including lung congestion. He had been ill two years and worsened after contracting a cold just before Christmas. His health collapsed two years after his brother James died.

Michael Roughan Boston Arborway Jamaica Plain Mr. Roughan James Ireland Roughan North End Water Front Navy Housatonic Charleston S. C Commodore McDonough West Chelsea Street Charlestown Roughan Brothers

Prominent Charlestown Benefactor Roughan Dies

Known for years as a Charlestown leader, Mr. Roughan amassed wealth through Roughan Brothers and Charlestown real estate. A Navy veteran and longtime Boston figure, he built Roughan Hall and many Beachmont houses, supported charities, and died after living in Jamaica Plain. Survived by sister, nephews, and nieces.

Charlestown Roughan Boston Collins Josiah Quincy Fitzgerald Nathan Matthews Chelsea Winthrop Crescent Beach East Boston Boston & Maine Railroad New York & New England Railroad Bunker Hil Bunker Hill and Chelsea Streets Mqnor John E. Hayes Jamaica Plain Adams Street Mr. Roughan Beachmont Bigelow Pond Street West Roxbury Jamaica Pond Kearsarge Naval Veterans’ Association St. Mary's Church of Revere Yacht Club

Also Mentioned on This Page

Kidder, Peabody & CO Devonshire Street Wall Street New York Market Ambks&f Smelt &R At&sf We Deere & Co del & Lackstone Dss&apf Erie Ins Cop Co Wauser & Co Eeehenee Steel Loose- Wiles Co Loose-Wiles Mex Pet Co Miami Co Minn & Pe Nevada Nor & West Ab Nor & West Pf Penn Pitts Coal Pitts Coast PCC Pub Ser N Cn Rock Island Rome South Pacific A A Eisai Studebaker the Texas Co TA Sl&w Utah Copper Ri Maryland Woolworth St Louis Toledo Kansas City Detroit Boston Stocks T& T Allouez Amalgamated Ag Ch Pheumatic Kaet Butte Giroux Greene Hancoc Fe Hedley Ét & Fai Shannon United Fruit United Shoe U S U S$ Steel Ie Steel Utah Apex West End Wolverine Braden Copseer Butte & NY Mason Valley New Hills Money Markets Dee High Point Sata Ees America Steel Trust Steel Corporation Granby Consolidated Hidden Creek Granby Company Bradstreet’s Dun Ape May Vane Prev L-St Norf & W Orf & W Poca Gee Industrial Oe & Coke Now Pacific Norti Pacific Pacific T& i Penn Con Allis-Chalmers Phila Co Rust Co Amn Illinois At&s L .East Tine So Pacific Sete Ae Bulteo So Pacific Rig Balt & O Balt & O Pitts So Pac SF Beth Steel Southern Ry Liggett ‘& M Kk & T Ails Vie Ae - Pac Cvt Cal Gas & Elec Nassau Tol St L & West National Tube Alton B & QI Power Union Pac Ist Nynheh Union Pac Queens L & Power NY Rwys Nwn Gnl Crie Pele Nee & W Atlanta Black Jack Blue Bull Crown Pt D'fld Demijohn Gold Chain Florence Gt Cent Iron Bros Jim Butler King Wm Lwr Uncle Sam Victoria Wilbert Alta Metal Markets Chicago Market Booth F Jwift & Co C& W Scone CC Rys Rysds S & Mpf Ill Brick Morris Kan C L F P Tool Ss Do Mn Carbo Philadelphia Market Ask Am Cement Am Rys Cam Steel E Co el Star Bat T Bie Bop Leh Valley Ask Phila Qoo Phila RT Wisia&s BE & P Hub
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