Markets Display An Easier Tone
The market opened active with buying from real sources and outside public enthusiasm. Steel surged to 8, Louisville & Nashville led gains amid strong earnings rumors, while American Beet Sugar showed strength on dividend expectations. chatter of Steel Corp retiring preferred stock circulated but unlikely under current conditions.
MENTIONED IN THIS ARTICLE
Louisville & Nashville
Louisville
Pittsburg
Steel Corporation
Steel
Local Market Quiet but Active Trading Amid Bond Interest
Market activity cooled from last week yet surpassed monthly averages with over 36 000 shares traded. Industrial favorites included Steel common American Telephone and Atlantic Gulf bonds, the latter at a new high. investors chase low priced bonds for yield and principal security. Atlantic Gulf preferred dividends loom, merger talk lifts Calumet & Arizona Superior & Pittsburg shares, and Franklin rose to 101 8 from 100 0.
MENTIONED IN THIS ARTICLE
Steel
American Telephone
Atlantic Gulf
New England
Calumet & Arigona
Superior & Pittsburg
Franklin
Calumet & Hecla merger plan eyed by wary stockholders
The article argues that two weeks after initial attention there is little real news about the Calumet & Hecla consolidation. Shareholders especially in Osceola and Ahmeek threaten court action unless better terms are offered, while critics question economies and the plan to run only stronger properties when copper prices rise.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Stock Exchange Committee
Osceola and
Ahmeek
United States
Copper Outlook Weighs On Mines and Prices
The article argues copper prices will stay under pressure around 13 cents as new porphyry mines such as Utah Copper and Nevada Consolidated lift output. It notes five more porphyry mines pending production and discusses impacts on wages, employment, and consolidation costs, with the sector facing a possible longer low-price period. The piece closes with a Boston market summary.
MENTIONED IN THIS ARTICLE
Utah Copper Company
Nevada Consolidated
Ray Consolidated
China
Inspiration
Miami
Giroux
Cahimet & Hecla
Boston Curb Market Quiet with Narrow Price Moves
Trading on the local curb exchange yesterday was quiet with few notable features. Leading issues included 7 Central, China, Champion and Kriger as price movements stayed narrow and totals were reported.
MENTIONED IN THIS ARTICLE
Central
China
Champion
Kriger
Bond Market Notes Highlight New Issuances and Loans
The Texas Company plans $12 million in convertible bonds due 20 years with 150 share price and 5 percent redemption after 1915. Pittsfield grants a $125,000 temporary loan to Old Colony Trust at 3.21 percent discount plus 40 cent premium. Attleboro seeks bids by Feb 30 for $70,000 in 4 percent bonds with sewer and water maturities through 1932. Westwood sells $5,000 in 2 year average 4.5 percent bonds to Lee Higginson at par. Paine Webber sells $100,000 Copper Range first mortgage 5 percent gold bonds.
MENTIONED IN THIS ARTICLE
Colonel & Iron
Great North
Lowa Central
KC Southern
Keok & TI
Laclede Gas
Lehigh Valley
Long Island
Bor G
Louis & Nas
Mackay A
Manhat
Eley
Marine
OR Oo Minn & St L
Nash C & St L
Nat E
North Amer
Nor & West Ee
North Pacific
Oud
Yu Pacific Mail
Pennsylvania
Esse Ee
Fai i Io Son
Rep Iron & Steel
Rock Island
SI & S
Ives
Sears Roebuck
TOY Stoss Shef
Third Ave
Tolly & Light
St i & W
Twin City
Union Pacific
Us Steel
Utah
Wells Fargo
Western Maryland
Western Union
Westinghouse
Wheeling & I. E
Wisconsin Central
Allis Chalmers
Albany & Susq Stes
Ag Gqhem
I Am
T. Conv
Armour
T&s
Renee
Bethlehem Steel
Lee
Cc & O
CB & Q
CM &S P
St. FP
Distillers S
Va & Ia
Llu
Erie
F & PM
Gr Bay & Westetts B
Havana
Isis
Interbor
Inter Met
Kings Co F I, & F Gs
Lake Shore
Manhattan
Texas Company
Pittsfield
Mass
Old Colony Trust Company
Attleboro
Paine, Webber & Co
R. R. Co
Davis-Daly stockholders urge change in board and avoid speculation
At a Parker House meeting of Davis-Daly Company stockholders, opposition to Heinze grew as calls for an accounting or his resignation were voiced. Towle and Schirmer reported that Heinze agreed to let New England interests name three of five directors and two of the three executive committee members. A $330,000 treasury was noted, with $50,000 loaned to Ohio Copper and other investments cited. A resolution demanded end to Davis-Daly funded speculation and a committee was formed to propose new board and committee members for the next meeting.
MENTIONED IN THIS ARTICLE
Davis-Daly Company
Stock Exchange
Parker House
F. A. Schirmer
Heinze
New England
Davis-Daly
Treasury
Ohio Copper Company
Alaska
Porcupine
Davis-Daly Funds
Davis-Daly Developments
George N. Towle
Burton
Dividends Declared by American Wringer and Champion Copper
Dividend notices show American Wringer Co declare an extra 2 cents per share with record March 1. Champion Copper Co issue No 60 1 dollar per share with record date February 6 and payment February 7.
MENTIONED IN THIS ARTICLE
American Wringer Co
Champion Copper Co
Lodge Opposes Direct Vote For Senators
Senator Lodge denounces a direct election proposal, calling it a threat to the national government and a move to turn the Senate into a second House. He argues it would empower states to halt national operations and erode federal protections for citizens.
MENTIONED IN THIS ARTICLE
Senate
House
Washington
Lodge
United States
Senator Lodge
House of Representatives
Death of Worcester chemist Dr. Leonard Kinnicutt at 47
Dr Leonard P Kinnicutt renowned expert on sewage disposal and water supply died at his Worcester home from tuberculosis and heart disease at 47. He directed the Worcester Polytechnic Institute chemical department for 11 years and was consulting chemist for the Connecticut Sewerage Commission since 1903. Born May 22 1854 in Worcester he studied at MIT Johns Hopkins and Harvard and authored works on sanitation including a 1910 book with Winslow and Pratt. The funeral will be held at All Saints Church Wednesday at 2:30 with private burial. a sister Mrs Julia Barker died January 29 in Boston.
MENTIONED IN THIS ARTICLE
Worcester
Leonard P. Kinnicutt
Kinnicutt
Worcester Polytechnic Institute
Connecticut Sewerage Commission
Massachusetts Institute of Technology
Germany
Johns Hopkins College
Harvard University
Harvard
United States
England
Winslow
R. Winthrop Pratt
Ohio State Board of Health
All Saints Church
Julia K. Barker
Boston
Co operation for morality with Protestant churches assured
A meeting of the Federation of Protestant Churches at Pilgrim Hall heard Rev. Alexander Mann outline growing cooperation with the Roman Catholic Church. Mann said the Protestant federation would stay separate while uniting on moral issues. Other speakers included Revs Edward Cummings Charles Fulton EK Lyman Mills and Ernest J Denning.
MENTIONED IN THIS ARTICLE
Pilgrim Hall
Alexander Mann
D. D
Trinity Church
Edward Cummings
Charles A. Fulton
EK. Lyman Mills
Ernest J. Denning
Cambridge Theatre Opens With Vaudeville and Opera
The new $100,000 Cambridge Theatre in Central square opened last night with a vaudeville bill and Gilbert and Sullivan's operetta A Trial by Jury. The fireproof modern structure seats about 1000 with boxes on two levels, managed by M Douglass Flattery.
MENTIONED IN THIS ARTICLE
Cambridge Theatre
Central Square
Western Avenue
River and
Franklin Streets
M. Douglass Flattery
Schooner Beacham Bumps Ledge Off Hyannis
Schooner John Beacham from Barren Island to Spectacle Island arrived at Vineyard Haven leaking after striking Bishop and Clerks ledge off Hyannis. Tow planned to Boston. Crew reports heavy north-northwest winds on Nantucket shoals with mainsail and flying jib lost. will replace sails before proceeding.
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Beacham
Vineyard Haven
John
Barren Island
Spectacle Island
Bishop
Hyannis
Boston
Winneyance
New York
Eastport
Nantucket Shoals
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