Massachusetts Trust Companies Face Tax Roadblock Hurdling Growth
Editor notes Massachusetts trust firms have expanded in deposits but lag in trust fund management due to burdensome taxation. Boston and Philadelphia benchmarks show far larger trust assets in Philadelphia, while Massachusetts taxes deter growth. A proposed rate cut from 17 to 1 per 1000 aims to unlock underused funds and boost revenue, aiding small estates and drawing outside capital.
MENTIONED IN THIS ARTICLE
America
Massachusetts
Trust Company
National
Savings Bank
New York
Philadelphia
Boston Trust Companies
Boston
Eee Bay State
Commonwealth
Hechauge
Prbotr CS
International
Liberty
Lincoln
New England
Old Colony
I State Street
United States
Pennsylvania
Trefry
Tax Commission
Rich Copper Gold and Silver Property Stock Offer Explodes
Consolidated Mining and Holding Company promotes a rich copper gold and silver property with a stock at 20 cents per share slated to rise to 25 cents on Tuesday February 8. The Kansas City Mexico Orient Railway nears completion within half a mile enhancing value and an immediate rise to 50 cents per share is advised. Prospectus available from P O Box 83 Brighton Station Boston.
MENTIONED IN THIS ARTICLE
Kansas City
Mexico & Orient R. A
P. O. Box
Brighton Sta
Boston
Colorado Copper
San Juan Triangle
Colorado
New
State Street News
Auerbach-Mackenzie & © O
Commission Stock Brokers
State St
Boston Elevated Railway Company
Old Colony Trust Company
Court Street
Lake Superior
Lake Indiana
Bohemia Mining Company
R. M. Edwards
J. H. Rice
D. L. Robinson
Thomas & Dee
R. C. Pryor
Henwood
Indiana
Michigan
United States Mortgage & Trust Company of
New York City
United States
OF OF OT OK
Nevada
Bay State
Beaver
Bingham Mines
Boston & Alta Ee
Cons Ariz
Orbin
Cortez Cone
Cumberland Ely
Davis Daly
Ely
Central
Gila
Laramie
Majestic
Mason Valle
Utah
Ohio
Ray Central
Superior Globe
San Antonio
Calendar for Today Books Close Central Leather Missouri Pacific
Ex dividend dates and lists of securities including St Luke Pacific Railroad common and preferred pressed steel car preferred and various preferred issues. Meetings noted for Lowell Electric Lt Corporation Adventure Consolidated American Can American Glue Columbus Electric Electric Bond and Share Inter Steam Pump Maryland Coal Michigan State Tel Pacific Coast common first and second preferred.
MENTIONED IN THIS ARTICLE
Adventure Consolidated
American
Columbus Electric
Electric Bond & Share
Inter Steam Pump
Maryland Coal
Michigan State Tel
Pacific Coast
Trading Movement Across New York and Boston Markets
Total sales report shows New York 585 600 shares and Boston 38 215 shares. Most active NY steel common 161 100, Boston Franklin Mining 3 397. Gains and losses include Rock Island pfd 1 to 84 in NY and Interboro Met pro 3 to 52. In Boston Tamarack Mining 7 to Te and Hancock 31-4 to 25-4. Call money NY 25-8 pct, Boston 4-5 pct. Time money NY 33-4 to 41-4 pct, Boston 4-14 to 5 pct.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Franklin Mining
Rock Island Pfd
Interboro Met
Tamarack Mining
Hancock
Fitchburg
NH Ee H
Union Pacific
West End
East Boston
Amer Tel & Tel
Tel & Tel
Tel & Tel Sane
West Tel & Tel Pf
M'T Pd
Allouez
Tid
Arizona Commercial
Atlantic
Butte Coalition
Calumet & Arizona
Calumet & Hecla
Daly West
OTANI
Nevada
Nipissing
Santa Fe
Shannon
St. Mary's
Fdison Electric
General Electric
Mergenthaler
Seattle Electric Mere Bs
United Fruit See
United Shoe
Westinghouse
Nev
Amer Agri Chem
Atlantic Gulf
Ratopilas
Boston Consol
Boston Corbin
Butte Ballaklava
East Butte
Tiroux Ewe
Hancock As’ment Pd
Helvetia
Isle Royale
Kerr Lake
Miami
Sup & Pitts
Swift & Co Ne
Utah Apex
Allis Almers
At & Foundry
Hide & Leath
Steel Foundries
Anaconda Mining Co
Sola Od Atchison
Eae
Atlantic Coast Line
Baltimore & Ohio
Brooklyn
Ohio
Western New
Chicago & Northwestern
Colorado
Colorado & Southern
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
General Electric Ee
Great Northern
Ti- Interborough
M Istrpret
Soo
Central Ano
Ontario & West
Norfolk & Western
Northern Pacific
Pennsylvania
St Pitts
C & St
Qraass
Pittsburg Coal Ae
Boo
Pullman Palace
Railway Steel Spring
TOM Reading
TOM Reading eee . 2,100 27 + oear Bok Republic Steel Rock Island Co oa
Tia
Southern Pacific
St Louis & West
TYS Rubber See
Steel
Utah
Va Car Chemical
Wabash Wes
Maryland
Etfseo Westinghouse Electric
Western Union
Market Dampness Deepens on Street Session at State Street
The Boston market overall was dull with little urge to trade as investors stayed largely on the sidelines. Pennsylvania Railroad declared a dividend change to 11-2 percent quarterly, confirming firmer earnings despite rising costs across railroads and signaling improved business conditions.
MENTIONED IN THIS ARTICLE
State Street
Pennsylvania Railroad
Atchison
Pennsylvania
Harriman Lines
Ontario & Western
Katy
Boston & Maine
Third Avenue
Interboro Metropolitan
Amalgamated
Interboro
Reading
Southern Pacific
Steel
Union Pacific
Also Mentioned on This Page
Philadelphia Trust Companies
Fidelity
Penn
Phila Trust
Eeen Ee
Fred Milling
California
Harvard UN -Ersity
Edgar Shaw
Room 52
Charles A. Stoneham & T
ELY Consolidated
Cumberlay I Ely
Giroux
Leach & Company
Manchester
N. H
Estates Security Trust
Kimball
Tremont St
Moston
the Post
Providence Coal Activatve
Alfred E. Long & Company Stock Brokers
Providence Coal
Providence
James Shay & Co
Jamaica
Jaimes Shay & Co
GO State St
Cole
Ryan
Quarree
H. A. Brown & CO
Boston, Mass
Banigan BI
Broadway
Broad St
H. L. Wilson
Mining Review
Inter-Trust Security Co
Water Street
Mass
Jamaica Consolidated
Pierce & CO
Central Leather
Missouri Pacific
Lowell Electric Lt. Corporation
Salt Lake
Charles A. Stoneham &Co
Sioux
Bullock
Carisa
Ajax
Columbus
Judge Wren
Grand Central
Little Bell
Lower Mammoth
Crown Point
Mountain Lake
Columbus Con
Yankee
Silver King Coalition
Mason Valley Enee
Mineral Flat
Iron King
Oneco
Calaveras
Salt Lake City
Toronto
Charles A. Stoneham & CO
Stock Exchange
Fort Hill
Stater Bridge
Worcester
Detroit
Chicago
F. L. Milliken & CO
Bankers
Great Northern Massachusetts Gas
New Arcadian
R. G. Latham
Leavitt & Grant
N. Y
Consolidated Stock Exchange of New York
Hornblower & Weeks
Congress Street
William E. Soule
Franklin and
Tamarack
Franklin
Nevada Consolidated Directors
Utah Copper Company
United Fruit
Telephone
Preston
Superior
Lake
North Butte
Time Bank
VOBP
Cee Eee Eee
Boston Stock Exchanges
Exchange
John Parkinson
Henry JL. Higginson
Lyman B. Greenleaf
Charles C. Jackson
Harry V. Long
Frank A. Day
George F. Lord
Charles B. Presson
George C. Brooks
Albert L. Brown
Boston Exchange
New York Stock Exchange
Charles l. Edwards
Weil, Farrell & Co
Mr. Edwards
Bond & Goodwin
Nevada Consolidated Copper Company
Exchange For Utah Copper Company
James Phillips, Jr
Nevada Consolidated
I. M. Taylor
I. M. Taylor & Co
New Orleans
Mexico
Blodget
Victoria Copper Company
Harry H.gay Irving J. Sturgis
R. Linzee Hall
Gay & Sturgis
Boston Stock Exchange
Milk Street
Pearl Street
Post Office
Houghton and
Calumet, Mich., and
Duluth, Mina
U. S. Department of Labor
H. L. Nason & CO
Shawmut Bank Bldg
Lafayette & Logansport Traction Co
Handler Bros
Telephones Main
LSOCO
WCC Sa
Yuma
Sub-Treasury
Ruilders
Er Sei
Atlantic Gulf DE Es
Orly
Boston & Albany
Boston Elevated
Bostouw & Matine
Kidder, Peabody & CO
Devonshire Street
Wall Street
Baring Brothers & Co., Ltd
London
Amer ‘Tobacco
Brit Colum
Ssoo
Chicago Subway
Cobalt Central
Con Ariz
Tom
Giroux Mining
Goldfield
Greene Cananea
Ave
St, S
Ely Central
la Rose En
DAT
Mines Co of
Ain
Boo Nipissing M Co
Tos
Standard Oil
Superior & Pitts
United Copper
Yukon Gold
Boston Copper Ii
Soo Eureka Milnes
Chicago City By. Co
Old Colony Trust
Ee ” Tremont & Suffolk Mills
Rec Brooklyn Rapid Transit Co
Pennsylvania Railroad Co
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