Market Summary of New York and Boston Prices and Trades
Total sales in New York 336 400 shares and Boston 19 034 shares with Reading leading in New York at 95 800 and Amalgamated leading Boston at 2010. Year to date totals show New York 84 389 200 and Boston 5 453 172 shares. Changes include United States Express up and Reading Ist pres. down in New York. Ahmeek Mining up and Calumet & Hecla down in Boston. Call money New York 2 to 6 per cent. Boston 6 per cent. Time money New York 4 1-2 to 5 per cent. Boston 5 1-2 to 6 per cent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Amalgamated
United States Express
Reading Ist Pres
Ahmeek Mining
Calumet & Hecla
Time Money
New York Market Sags After Early Rally In Slow Day
New York stocks faded after an initial advance as buyers retreated and shorts expanded. Union Pacific posted lower November operating income while Canadian Pacific rose on a $630,000 net gain. London sold about 10,000 shares. Bond prices rose with total par value of $2,160,000.
MENTIONED IN THIS ARTICLE
New York
Shorts
Siege Stores Corporation
London
Union Pacific
Canadian Pacific
U. S&s
Bondholders invited to exchange bonds with American Zinc
American Zinc Lead and Smelting Co bonds due January 1 1914 should be presented at First National Bank of Boston for payment or exchanged for like convertible bonds due May 1 1915 at the company office National Shawmut Bank Building Boston Mass on or before January 1 1914 Interest to be adjusted Signed Ss E Farwell Treasurer
MENTIONED IN THIS ARTICLE
First National Bank of Boston
National Shawmut Bank
Boston
Mass
Local Market Markets Settle With Irregular Tone
Boston local market shows moderate volume today with 19 034 shares traded and bonds totaling 48000 while 5512 rights move. Copper group steadies amid hesitation as odd lots buy. Amalgamated falls to 73 1 4 after trading 74 3 4 to 73 1 4, North Butte near 28 1 4, Granby fluctuates around 71 4, Steel common buoyed by bearish trends, American Telephone and Edison Electric firm.
MENTIONED IN THIS ARTICLE
Boston
Truders
Amalgamated
North Butte
Granby
Steel Common
American Telephone
Edison Electric
Evening bonnet pattern to be published next Sunday
The newspaper notes that every woman and girl should obtain the full-size pattern for an evening bonnet with sewing instructions, to be printed in the next edition of the Post. The notice emphasizes practical guidance for home sewing.
Taxable bonds questioned in corporate issue data
A briefing notes preparation of information on thousands of bonds indicating if issuing corporations pay interest without Federal income tax deduction. The team offers to answer questions about bond specifics.
State Street Topics on Copper Prices and Market Anomalies
Prices eased with gains interspersed as copper plays a barometer role. Amalgamated weak amid copper news while copper metal rose to 15 cents on large sales. Rock Island preferred trades near 14 with common at 1, highlighting odd pricing gaps versus historical norms.
MENTIONED IN THIS ARTICLE
Amalgamated
Steel
Reading
Union Pacific
Rock Island Common
Preferred
Contoocook Mills suspends preferred dividend due to 1913 losses
The Contoocook Mills Corporation informed stockholders that directors voted to suspend the quarterly preferred dividend payable May 1 to strengthen the company's financial position after a disappointing 1913. The 7 percent cumulative preferred stock has $450,000 outstanding. common stock $250,000. Labor troubles contributed to poor earnings, though dividends on preferred have historically been paid.
MENTIONED IN THIS ARTICLE
Contoocook Mills Corporation
William P. Bailey
Contoocook Mills Company
Economic results for rail and express firms in three months
The three month net earnings were only 20 percent of 1912. The United States Express Company posted a deficit of over 5000 dollars for the same period, versus a surplus of over 18000 dollars in the prior year.
MENTIONED IN THIS ARTICLE
Express Company
American Express Company
Interstate Commerce Commission
United States Express Company
Yale Rowing Seen Rebounding Under New Coaching
Cornell coach Charles Courtney predicts Yale rowing will recover strength with a new coaching system. He cites the old Bob Cook stroke as effective and notes Yale crews previously succeeded with it. Courtney adds Armstrong Nickalls and Giannini as capable coaches for Yale's program.
MENTIONED IN THIS ARTICLE
Courtney
YALE
Ithaca
Bob Cook
Harvard
Charles &. Courtney
Cornell
Cook
Armstrong
Nickalls
Giannini
Old Dominion and Arizona Commercial Copper Prospects
Charles S. Smith, president of Old Dominion and Arizona Commercial properties, reports 1913 copper output near 30 million pounds despite output restrictions from ongoing construction. He cites strong ore at United Globe ground, plans to deepen K shaft to 17th level, three ore connections, and potential expansion in 1914 to 35 million pounds. He notes possible Old Dominion vein confirmation at Arizona Commercial levels and water flow delays on the 12th level.
MENTIONED IN THIS ARTICLE
Charles S. Smith
Old Dominion
Arizona
United Globe
Bond Market Notes From Various Counties
Bristol county Mass sold 500000 4 1 2 per cent 25 year water bonds to R L Day Co and Merrill Oldham Co. Other bidders included Estabrook Lee Higginson and E H Rollins. Cuyahoga Ohio awarded 200000 5 per cent bridge bonds averaging 16 years to C Bi Denison Co. Savannah Ga invites bids to Jan 20 for 600000 4 1 2 per cent 30 year house drainage bonds. Kingston N Y 225000 4 1 2 per cent school bonds due 1915 1925 awarded to A B Leach Co.
MENTIONED IN THIS ARTICLE
Bristol County
Mass
R. L. Day & Co
Merrill, Oldham & Co
Estabrook & Co
Lee, Higginson & Co
E. H. Rollins & Sons
Richter & Co
Spitzer, Rorick & Co
Cuyahoga County
Ohio
C. Bi. Denison & Co
Savannah
Kingston
N. Y
A. B. Leach & Co
Copper prices hold steady on New York Metal Exchange
Market notes show copper futures and spot prices listed across contracts from January to March with midday quotes around 14.37 to 15.50 for various forms. Additional metals such as electrolytic, casting, and ready markets appear with mixed readings and minimal movement amid a dull trading day.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Speiter Aaice
Speiter
Coulson’s
Will Cut Down in News Print
Appleton Wis Dec 30 Following the lead of the International Paper Company in the East Western manufacturers of news print paper have decided to materially reduce production in mills of Wisconsin Michigan and Minnesota during 1914 Most will switch to other grades as business permits Announcement in Appleton states the International Company will curtail print production by as much as 100 000 tons in the coming year This cut plus the one this year reduces the companys possible output by about 25 percent Canadian competition is cited as the main reason for leaving the field of news print Low prices spurred by tariff measures drive American mills from the market.
MENTIONED IN THIS ARTICLE
Appleton
Wis
International Paper Company
Eost
Wisconsin
Michigan
Minnesota
International Company
Partnership Changes and New Wire Connections Noted
Higginson & Co of London will admit George Akers-Douglas and Oscar Engler as partners on January 1. Lee Higginson & Co remains unchanged. Charles P. Clifford joins Jackson & Curtis. L Sherman Adams, a specialist in unlisted securities, now has private telephone lines to New York and Philadelphia with correspondents Bigelow & Co and Frazier & Co. Adams focuses on gas, electric light and power securities and local industrial issues.
MENTIONED IN THIS ARTICLE
Higginson & Co
London
George Akers- Douglas
Oscar Engler
Lee, Higginson & Co
L. Sherman Adams
New York
Philadelphia
Bigelow & Co
Trakers
Frazier & Co
Philadelphia Stock Exchange
Adams
Dividends Declared by Various Corporations
Edison Company of Boston declares regular quarterly dividend of 3 dollars payable February 2 to stock of record January 15. Electric Light and Power Co of Abington and Rockland pays 4 dollars per share semi annually, payable January 1 and December 29. Kentucky Securities Corp declares regular quarterly 1.15 percent on preferred stock, payable January 15 to stock of record January 8. Oklahoma Natural Gas Co’s quarterly dividend is 1.5 percent, payable January 20, books close January 9 reopen January 21 to stock of record January 3. Southern New England Telephone Co pays 1.5 percent quarterly, payable January 15 to stock of record December 31. Delaware, Lackawanna & Western Coal Co pays 2 percent quarterly, payable January 15 to stock of record December 31. Bell Telephone Co of Pennsylvania declares quarterly 1.25 percent on common and 1.75 percent on preferred, payable January 15 to stock of record January 5. American Rolling Mill Co pays quarterly 8 percent on common and 11.5 percent on preferred, payable January 15 with books close January 2 and reopen January 15.
MENTIONED IN THIS ARTICLE
Island Creek Coal Company
F. W. Batchelder
Southern New England Telephone Company
Delaware, Lackawanna & Western Coal Company
Bell Telephone Company of Pennsylvania
American Rolling Mill Company
Favorite recipes of New England cooks in Sunday’s Post
The notice announces a feature on favorite recipes of New England cooks and useful household helps to be found in the next Sunday edition of the Post.
MENTIONED IN THIS ARTICLE
New England
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De _Peabody & Co. evens
Foreign Exchange
Letters of Credit
Ae Baring Brothers & Co., Ltd
New York Market
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Ss. E. Farwell
Hare
THE
Edison Electric Illuminating
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Businy
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Manariean Telephone & Telegraph Co
Sralliam
Cote
J Stabi
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Smelt & R Pf
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At& SF
Atesfpf
Atl C Line
Beth Steel Pf. Ab
Bklva RT
Cal Pet Corp
Pacific
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Cm&s
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Ea S
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L&stp Om
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Armour & Co Ul
Ibe San Aid A Pteee Og
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I Cote
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H. C. Gibbs & Co
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Blackstone Valley Gas and Elec. Co
Slater Trust Co
Pawtucket
National Union Bank Estabrook & Company
Cape Breton Electric Co., Ltd
First
State Street Trust Company
Columbus Electric Company
Commonwealth Trust Company
Connecticut Power Company
al Trust Company of
New
Eastern Texas Electric Company
el Paso Electric Company
Everett Water Company
Office of Bankers Trust Co
Houghton County Elec. Light Co
Office of Boston Safe Deposit & Trust Co
Houghton County St. Roy. Co
Office of
Boston Safe Deposit & Trust Co
Houghton County Traction Co
Old Colony Trust Company
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Office of Central Trust Co
Illinois
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Canadian Bank of Commerce
Toronto
Canada
England
New London Gas and Elec. Co
Trust Company of New Or
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Office of Commonwealth Trust Company
Northern Texas Traction Company
Citizens’ Savings & Trust Qo
Cleveland
Chase National Bank
Paducah City Railway, Inc
York Trust Company
Paducah Street Railway Co., Inc
Office of Fidelity and Columbia Trust Co
Louisville
Pawtucket Electric Company Consolidated
Office
Reno Power, Light and Water Co
Office of Mercantile Trust Company
San Francisco
Cal
Savannah Electric Company
First Con
Office of American Trust Company
Savannah, Thunderbolt & Isle of Hope Rny
Stoughton Gas and Electric Co
Office of International Trust Company
Woonsocket Elec. Mach. & Pwr. Co
First Mortgage
Charles P. Clifford
Jackson & Curtis
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Dee
Minneapolis
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Chicago Market
Arerlc
Canal & Dock
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Edson
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Ato 4Ijs Peete
M Edison
Chicago City Railways
Chicago Railway
Ist
Seeone
Morris
Ogden Gas
Streecuce
New York Central Erie and
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