Prices Pursue American Can’s Price Uplift With Heavy Selling
Heavy selling trims price gains across the market while many other specialty issues trade freely. In New York and Boston the American Can and American Zinc Lead and Smelt lists show strong activity with high total sales for January 1 to date. Rock Island pretables lead gains in New York, while Union Pacific rises in Boston. Call and time money move higher in both markets.
MENTIONED IN THIS ARTICLE
Superior & Boston
American Zinc
New York
Boston
Am. Can
Am. Zinc, Lead & Smelt
Rock Island
Tobacco
Union Pacific
Pullman
Stock Market Drifts After Morning Strength In New York
In New York trading, stock activity cooled after an early rally with cautious turnover. Readings in Reading Union Pacific and Steel rose briefly, American Can surged toward a record area, then fell back. Debenture plan for dividend funding pressured Can and Can affiliates. foreign exchange weakened as gold exports continued.
MENTIONED IN THIS ARTICLE
New York
Bears
Reading
Union Pacific and Steel
France
South America
United States
Heavy end of month trading in telephones sugar rights
The Local Market Boston reports end of month activity with 87 667 in telephone rights priced 71 to 60 cents and 21 905 in sugar rights moving 21 to 9 cents. Five stocks ex dividend Boston Elevated Pullman Steel preferred Miami Tuolumne. copper shares varied with Superior & Boston and Superior Copper strong and American Zinc notably firm.
MENTIONED IN THIS ARTICLE
Boston
Pullman
Steel
Miami
Tuolumne
Superior & Boston
Superior Copper
bAm Tel & Tel
Arizona Com
BY iv Boston Carbines
Bos & Maine
Cal & Arizona
East Butte
Edison Elec
Georgia
Granby
Ex dividend and rights detail in securities report
The report lists total sales with 26 009 shares, 28 500 bonds, 110 181 rights and 38 fractions. The figures indicate ex dividend and ex rights conditions affecting the security positions.
Boston curb open high low last data summary
Financial snippet lists numerous stock quotes with prices changes and ex-dividend marker. Includes Alaska Bay State Gas Boston Ely Chief Corbin First National Davis Daly Majestic Mex Metals New Douglas New Baltic Ohio Copper Old Dom rets Smokey Devel Southwest Miami Utah Metals and others with bid ask last prices and percentage changes.
MENTIONED IN THIS ARTICLE
Alaska
Bay State Gas
Boston Ely
Butte Central
Calaveras
Corbin
Cr Res
Davis Daly
Girard
Majestic
Douglas
Southwest
Miami
Utah
Money Market Shows Large Gold Shipments to Argentina and France
The money market featured engagement for shipment of 500000 in gold to Buenos Ayres and 1000000 in gold bars to France. Weakness in foreign exchange quotes suggested the gold export movement may be near its end. In New York call funds stood at 2.5 percent. Time funds ranged 1.5 to 3.5 percent for 60 to 90 days and 4 percent for longer terms. Local money rates and foreign exchange quotes were listed.
MENTIONED IN THIS ARTICLE
Buenos Ayres
France
New York
Readjustment of Debt of Hudson & Manhattan Railroad Company
Plan for readjusting the debt of Hudson and Manhattan Railroad after a majority of bond and stockholders approved exchanges. Existing First Mortgage Four and One-Half Per Cent Bonds will be exchanged for new Five Per Cent bonds and Adjustment Income Bonds. Stockholders pay $8.50 per share to receive new Five Per Cent bonds. a Syndicate will purchase bonds to cover collateral notes and participate in the plan.
MENTIONED IN THIS ARTICLE
Hudson & Manhattan Railroad Company
Guaranty Trust Company of
New York
Hudson Companies
Boston
American Trust Company
St. Louis
St. Louis Union Trust Company
Market Roundup Flags Bull Pause on Thursday
State Street topics show a mixed close as the bull movement loses momentum. American Can common stock absorbs attention with bond and dividend speculation while Union Pacific Central Pacific dealings and Southern Pacific asset moves loom. New York Central reports December and year earnings. gross up, net gains slim, systemwide gains rise.
MENTIONED IN THIS ARTICLE
American Can
American Can Company
Union Pacific
Central Pacific
Southern Pacific
Metal Markets show quiet trading and mixed shifts
Jan 31 Metal Exchange trading was quiet with copper weak and spelter easier. Closing bids and asks mixed across copper, spelter, tin, lead, and iron. London market followed with copper at £68 15s and lead £16 10s, tin up and futures mixed.
MENTIONED IN THIS ARTICLE
Metal Exchange
Crookson
London
East Butte Copper pays second note on Pittsmont indebtness
The East Butte Copper Company settled the second $100,000 note of the $500,000 issue tied to canceling the Pittsmont indebtedness. J Garrard Comly, ex vice president of Eliot National Bank, named vice president of Citizens Central National Bank of New York. Franklin Savings Bank on Jan 30 reports 27 541 depositors and 15 954 000 in deposits, up 795 000 from a year ago. H M Burton of Davis Daly and C M Brewer joins Utah Apex Mining Company board. Burton travels from Boston to inspect the Davis Daly property.
MENTIONED IN THIS ARTICLE
Smelt & Nh
Realiz
Yy & SF
Atla Lipe
Batopilas Mi
Ealt
Ohio
Can Pacific
THY
Drich BF Co
Kay
Louis Nash
Mer Marine
Mex Pet Co
Minn & SL
Nevada
East Butte Copper Company
Pittsmont
J. Garrard Comly
Eliot National Bank
Citizens Central National Bank of
New York
Franklin Savings Bank
H. M. Burton
Davis Daly
C. M. Brewer
Utah Apex Mining Company
Mr. Burton
Boston
Grain Markets Show Early Corn Strength and Wheat Follow-Through
Grain markets opened with corn firm on Argentine crop injury reports and saw wheat lift later in sympathy. Trading remained active, especially in corn, with gains around percent ranges and oats moving in step as prices closed higher on choppy session in Chicago quotations.
MENTIONED IN THIS ARTICLE
Chicago
Bradstreet's Review Preview: Mixed Trade Signals
Bradstreet's reports mixed trends with overall favorable movement but notable irregularities. Easter early prompts spring line expansion while worsted and woolen buying stays active. Labor unrest slows distribution of made-up goods, but outdoor work and railway finished steel activity remain solid. Copper dull and balkans uncertainty keeps buyers waiting. Collections vary by region from fair to poor.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Dun and Co Weekly Review Preview Signals Steady Expansion
R G Dun and Co reports in its Weekly Review of Trade that the 1912 expansion persisted through January with generally satisfactory countrywide reports. Weather and tariff uncertainty temper some buying, iron and steel demand remains strong, and heavy railroad orders for cars and rails mark a standout trend. dry goods show better activity with higher prices and larger orders for print cloths Canton flannels and napped cottons. Production stays high where labor allows, with cotton yarns easing and worsted yarns still in demand.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
Review of Trade
Springfield Fire and Marine posts strong annual report
President A W Damon reports assets at 11 056 692 at year end a gain of 648 845. Premiums written 5 456 731 up 212 102 from 1911. Reserves rise to 5 001 210 and net surplus 3 266 053 with cash capital 2 000 000. Claims paid exceed 65 1/2 million over 60 years. local agents O Brion Russell Co 108 Water street.
MENTIONED IN THIS ARTICLE
A. W. Damon
Springfield Fire & Marine Insurance Company
Springfield Fire & Marine
Springfield
O Brion, Russell & Co
Water Street
Bond Market Notes Show Rail Bond Sale and Various Issues
The Minneapolis & St Louis Railway Co sold 1 million in bonds to bankers to retire equal 5 percent notes maturing today leaving 3 million outstanding. Newport Rhode Island sold 25 thousand 4 percent Easton Beach improvement bonds to W J Raymond & Co with bidders including R L Day Merrill Oldham Curtis Sanger Blodget 3 M Farnsworth Blake. Cambridge Mass invites bids Feb 4 for 111 050 in mixed sewer water schoolhouse and street loans totaling 31 2s 4s and 10 year issues. East Ohio Gas Co bought 5 million first mortgage 5 percent bonds, total outstanding 20 million dated 1909 maturing 1939. Orange County California sold 1 270 million road bonds to a syndicate of E H Rollins N W Halsey Torrence Marshall.
MENTIONED IN THIS ARTICLE
Minneapolis & St. Louis Railway Company
Speyer & Co
Newport, R. I
Easton Beach
W. J. Raymond & Co
R. L. Day & Co
Merrill, Oldham &Co
Curtis & Sanger, Blodget & Co
3. M. Farnsworth & Co
Blake Bros. & Co
Cambridge
Mass
A. B. Leach & Co
East Ohio Gas Company
Orange County
California
E. H. Rollins & Sons
N. W. Halsey & Co
Torrence, Marshall & Co
Bonbright Firm Moves Offices and Name Change
William P. Bonbright & Co. announces removal from the Monks building at 35 Congress street to new offices in the Shawmut Bank building. The firm becomes William P. Bonbright & Co. Inc. starting January 1, 1913, succeeding the former Wil liam FP. Bonbright & Co. with 18 years in business. The company finances public utility securities across America, with New York home office and branches in Philadelphia London and representations in Paris and Geneva. New England managers are R.K. A. and E.F. L. Manning.
MENTIONED IN THIS ARTICLE
William P. Bonbright & Co., Inc
Congress Street
Shawmut Bank
William P. Bonbright & Co., Inc.y
William FP. Bonbright & Co
America
New York
Philadelphia
London
England
Paris
Geneva
New England
RK. A
EF. L. Manning
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Wall Street
NH & H
Nor & Wes
Nor Pac
Penn
Ooo Pitts Coal
Ry St Spg
Soo Ray Consol
South Ry
Texas Pacific
The
Texas Co
Third Ave Ee Ee
Twin City RT
Union Pac
U S
S Steel
Westinghouse
Tay
WELE
Woolworth
Boston Stocks
C&t
T&s
Ny&nh
West T & T
New Englel
North Butteye
North Lake
Old Colony
Old Dominion
Osceo
Pond
A Pullman Co
Ray Consol
Reece Fd Mch
St Mary’s
Shattuck-Arizeee
Sup & Bos
Sik
Superior Cop Co
Swift
Tamarack
Torrington Creve
Trinity
United Fruit
United Shoe
U'S Gas
U S Steel
Utah Consol
Victoria Es
West Tend
Winona
Enneee
Wyandot
el Paso Eee
Florence G
Giroux
Greene Cananea
Kerr Lake Ee
Money Market
Sub-Treasury Credit Po
Sub-Treasury
Robert Fleming & CO
Arvey Fisk & Sons
State Street
New York Central
Metal Markets
Sete Ae
Jan Aoetesae
Minneapolis
St Louis
Kansas City
Detroit
Liverpool
Bradstreet’s
Dun
Springfield Fire and Marine
State of
Massachusetts
Springfield, Mass
Chas. E. Galacar
W. J. MacKay
F. H. William
Western Department
N. A
F. Dean
J.C. Harding
E. G. Carlisle
W. H. Lininger
L. P. Voorhees
Pacific Coast Department
San Francisco
Cal
Geo. W. Dornin
John C. Dornin
Canada
Obrion, Russell & CO
WM. P. Bonbright & CO
Charlestown Trust Co
Fourth Atlantic National Bank
State and Kilby Streets
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