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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 08, 1913

Page

3

Stock Markets Dull Yet Firm In Yesterday's Trading

Daily totals show New York sales of 170000. Boston 20183. Most active issues: New York Southern Pacific 21900 shares. Boston Am Tel & Tel 3562. Year to date: NY 9861900. Boston 770672. Compared with last year: NY 13298800. Boston 1396994. Max gains: Cuban-American Sugar pref 10 to 90. Granby 11-2 to 68. Lake 11-2 to 158 1-2. Max losses: K C Ft S M pref 6 3 8 to 74. Atchison 1 1-4 to 103 7-8. Call money NY 2 1-2 to 3 pct. Boston 3 to 3 1-2 pct. Time money NY 3 1-2 to 4 1-2 pct. Boston 4 to 5 pct.

New York Boston Southern Pacific Am. Tel. & Tel K. C Granby Lake N. E. Tel Atchison Call Money Time Smelt & R At& SF Ohio Bklyn R Peer Cal Pet Corp Ae Erie Goldfield Goodrich B F Co Ee Ee Gug'h’m Exp Co Inter-Met Agr Corp of Harvey Cas Lis Lackawan Peat Kayser J & Co LE & Wp Lehigh Valley Liggett & Mey ANS Lorillard Co Loose-Wilea Louis Mex Pet Co Miami Co Wert . Aa Ally Nevada Nh&h Nor & Wes T& T Cb&q West T & T Allouez Sug Rts Wees Tel & Tel T & T Rts Eeees Gulf Bees Gul Eee Ener Bos& Aay Boston Corbin Bos & Lowell Bos & Maine Bos Elevated Butte Ballak Butte & Sup Cal & Arizona A Eenee Chino Steer Eee Tee Daly West Es Eeee Fast Boston Serer East Butte Edison Elec Setae Aie Franklin Piae Ees Elec el Frac Erenee Giroux See Maine

New York Market Sluggish Despite Plans on Harriman Lines

The New York market opened with dull activity as traders awaited details on segregating the Harriman lines. Although early buying lifted prices and volume briefly, the session quickly faded back to a quiet, listless level. Union Pacific showed some strength while Southern Pacific lagged on supply worries. copper issues rose with a better metal outlook and short covering, but the copper producers’ stock rise matched only modest gains. Local rails recovered, bonds were irregular, total par value $2,375,000, Panama 3s up 1/8 on call.

New York Harriman Union Pacific Southern Pacific Panama

Grain Markets Mixed as Liverpool Leads Foreign Gains

Fed Liverpool wheat shows encouragement among foreign markets, with early gains partly erased by profit selling. Chicago record noted, with May and July futures closing down while others mostly firmer. Corn activity remains good with overall declines. oats mixed. International prices show varied moves across Paris, Antwerp, and Berlin. Minneapolis and Duluth receipts rise from last year. Chicago rail cars listed for wheat and corn. Export sales record 80,000 wheat and 240,000 corn.

Liverpool Chicago Paris Antwerp Berlin Budapest Minneapolis Duluth

Local Market Gives Mixed Copper Tone on Improving London Prices

Boston reports a quiet day with firmer copper sentiment as Amalgamated Granby Lake Copper and Isle Royale rise in demand. Copper Producers note record refinery output at 143,400,000 pounds, with 24,000,000 pounds more January surplus, while East Boston Land and Telephone rights show notable gains.

Boston London Amalgamated Granby Lake Copper Isle Royale

Boston curb trades show firm prices across leads

Several features split honors on yesterday's local curb with Majestic Corbin Mexican Metals South Lake Butte Central and Alaska Gold equally prominent. Prices remained firm along the board and detailed fluctuations follow.

Majestic Corbin Mexican Metals South Lake Butte Central Alaska

Money Market Rates Steady as Demand Holds Light

Money market demand for call and time funds remains light with 60 day inquiries most notable. Call rates hold at 2.75 percent while time quotes show 3.5 percent for 60 days, 4.25 percent for four months, and 4.125 to 4.125 percent for six months. Local money rates and foreign exchange quotations are given as current.

New York Boston Tigr Boston Rib Boston Credit Ewes Bankers’ Sterling Cle Reichsmarks Guilders Gee Aie Bees Ae

Metal Markets Brief Fluctuations Spur Copper and Tin Shifts

In today’s metal market, copper prices edge up for nearby delivery while easing for late months, tin shows strength with a 1 cent rise. London closes with copper gains and lead modestly up, tin at £228 10s spot with futures up, reflecting a firmer overall tone despite mixed unit movements.

Oni Ria de Magan Cookson London

Copper Market Dull as Stocks Rally and Rights Value Seen

Market activity remained weak with about 170000 shares traded and a net daily gain for the first time in a week. Analysts cite stock exchange reform digestion and shifting spin on Union Pacific Southern Pacific dissolution, while copper surplus climbs to 123 million pounds amid shrinking foreign supply and looming production limits.

Union Pacific- Southern Pacific Stock Exchange Wall Street Boston

Cotton Market Advances Then Dulls As Trade Lags

The cotton market showed higher levels with a good undertone as Liverpool cables beat expectations. Local prices opened five to six points higher but trading slowed after the first hour with longs taking profits while trade interests provided some support.

Liverpool Longs

Bond Market Mixed as Rates Hold Steady Across Many Issues

Trading in a broad range of government and corporate bonds shows mixed activity with prices steady or edging lower in places. Daily turnover totals about $2.37 million, with year to date totals at $67.15 million versus $134.16 million last year.

Calendar for today Ex-Dividend note and closes

Calendar notes Ex-Dividend for International Harvester at 13 4 per cent payable dates shown parentheses. Books close for General Chemical for meeting.

International Harvester Ptd

Bradstreet's Review Sees Trade Expanding in February

Bradstreet's notes improving trade as February opens, with rising visiting purchases and spring shipments. retail dealers push jobbers, colder weather spurring final distribution, and industrial activity remains high. Woolens wary over tariff effects. dry goods active. copper dull. collections vary by region. bank clearings up 6 percent. weekly business failures 259. Wheat and corn exports rise year over year. Canada shows mixed trade, northwest weak but prospects favorable.

New York Bradstreet East Inland Empire Washington United States Canada Northwest

No important change in trade says Dun weekly review

R G Dun and Company reports no major shift in business over the past week. Leading industries stay prosperous with conservative undercurrents, wages rising in iron and steel, and production near capacity. Export trade quiet yet China inquiries hint at activity. failures rise in the U S and Canada.

New York R. G. Dun & Co China New England United States Canada

City of Boston issues 3.7 million bond offering details

Boston plans a bond sale with bids due noon Feb 18 for 3.7 million dollars of 4 percent city bonds dated Jan 1 1913. Issues include 1 million Boylston street subway bonds and 350 thousand Dorchester tunnel bonds plus 650 thousand East Boston tunnel extension, 900 thousand Pleasant street widening, 500 thousand school, 300 thousand highway bonds all maturing 1938 or per schedule, secured by sinking funds.

Charles H. Slattery City of Boston Massachusetts Boylston Street Dorchester Tunnel East Boston Tunnel Pleasant Street

Storrow resigns from United Fruit. Levick takes seat

In a notice of corporate changes James J. Storrow resigns as director of United Fruit Company and Hugh G. Levick of Lee Higginson & Co. assumes the post. Subscriptions to Southern Pacific stock are due in four instalments. Copper mining updates include the Majestic mine opening a copper vein with 2 to 35 percent copper in a new open cut and a 50 foot deep drift. Calumet & Hecla reports January copper production at 10,429,510 pounds versus December 10,127,542 pounds and January 1912 10,796,956 pounds.

South Lake Franklin Froughton Mich R. M. Edwards Dow Properties Aliouez James J. Storrow United Fruit Company Hugh G. Levick Lee, Higginson & Co Majestic Calumet & Hecla

Harris Firms Purchase $6 Million Norfolk & Southern Bonds

N W Harris & Co of Boston Harris Forbes & Co of New York and the Harris Trust & Savings Bank of Chicago have bought six million dollars of Norfolk & Southern Railroad Company first and refunding mortgages. It is expected these bonds will soon be offered.

N. W. Harris & Co Boston Harris, Forbes & Co New York Harris Trust & Savings Bank of Chicago Norfolk & Southern Railroad Company

Wholesale fish prices dip at T wharf as lone vessel loads catch

A slackening demand at T wharf led to lower wholesale prices for haddock steak cod market cod pollock and hake while the schooner Gertrude DeCosta arrived with sizable holdings including 75000 pounds haddock 9000 cod 1500 hake and 1000 pollock. Other ships sail with cargoes of corn wheat apples flour provisions lumber and general merchandise. Captain Walters long service noted as family sails for Liverpool with his funeral party aboard the Canadian liner.

T Wharf Haddock Gertrude DeCosta J. W. Heap Chicago Liverpool Boston Samuel V. Walters Minnie KE. Walters S. V. Walters Oakland Cal Walters Leyland Line Atlantic California Charles W. Lemme Mary E. Mclean New York F. J. Robinson William Ingleby London Port Limon Costa Rica Brynhilda Schmeisser Mars Mystic River South America Buenos Ayres Jago Manchester England Louisiana Copenhagen White Star Line Queenstown Hoosac Charlestown

Shipping News Mini Almanac Reports Numerous Arrivals and Departures

Shipping reports list arriving steamers City of Columbus and many others with tows and barges, cleared ships to Baltimore and New York, and sailed vessels including Louisiana and Edison Light. Details include ports such as Savannah, Boston, Antwerp, and Newport News, with multiple tug assists and barge movements noted.

City of Columbus Dieh Savannah Malden Smith Baltimore Belfast Curtis Winterport Camden Strout Portland City of Gloucester Godfrey Gloucester Alleghany Chase Philadelphia H. F. Dimock O’donnell New York Grecian Briggs Newport News Norfolk May Archer Archibald Beverly Salem Calvin Austin Mitchell St. John N. B Eastport Perkins Newburyport Canisteo Leader Doane Ontario Hawes Smyrna Forrest Belle Western Belle Eureka Bennet Iberian Jago Manchester England Canadian Bullock Liverol Boston Simms Yarmouth N. C Diehl Juniata Louisiana Copenhagen Wabana Sydney C. B N. S Edison Light Sewall’s Point Simon Port Simon C. R James S. Whitney Joseph W. Tordney George FE. Warren Scranton Pocono Avondale W. H. Yerkes, Jr Ampere Pohateong E. L. Pillsbury Lynne Dora Hampton Roads Monocacy Molino J. B. King & Co Hugh Ross Stockton, Me Tormentor Wabash Luzon Lambert's Point

Bond market notes on city temporary loans

Newton and Chicopee awarded temporary loans with maturities in 1918. Newton lends 150000 to N W Harris Co. bidders included Old Colony Trust Estabrook Boston Safe Deposit First National Blake Brothers National Shawmut and Bond & Goodwin. Chicopee lends 50000 to Old Colony Trust Co. bidders Estabrook and Blake Brothers. Pittsfield invites bids by Feb 10 for 100000 dated Feb 11 1913 maturing Oct 1915.

Newton Mass N. W. Harris & Co Old Colony Trust Company Estabrook & Co Boston Safe Deposit & Trust Company First National Bank Blake Brothers & Co National Shawmut Bank Bond & Goodwin Chicopee Pittsfield

Chicago Market Briefs With Distant Bid and Price Notation

Fragmentary market notes show bid and asked prices for Armour Tel, Ch Tel, DM debentures, Met El, Ogden G, Pn Tool and other items. Listings include percentages and decimal quotes such as Armour 4148 91144 914 and El 41s 92 44, suggesting a telegraphic summary of varying securities and commodity bids without full context.

Armour Morris Odgen G Pn Tool

Massachusetts Hearing Notices From State House Burns Read

A compiled set of Massachusetts notices announces hearings by state committees on February 10 to 15, 1913. Topics include expansion of railroad board powers to fix fares, issuance of season tickets, and 60 trip tickets. stenographer pay for Superior Court. Neponset River bridge construction. Liquor Law license fees. election law tax assessment and voter registration. and rail fare regulation. Committees chaired by Calvin Coolidge, Julius Garst, and Samuel L. Collins. General State House notices dated Feb 5 to Feb 7, 1913.

Commonwealth OF Massachusetts State House Boston Committee On Insurance House Senate David T. Montague Joseph Leonard Commonwealth OF Massachts Committee On Mercantile Affairs Coal Commission Cleaveland A. Chandler Committee On Public Health Food and Drug Department State Board of Health A. m. Ezra .W. Clark Dennis A. Murphy Commonwealth OF Massachusetts State House Committee On Election Laws Cambridge A. m. A. Preston Chase Timothy J. Moran Committee On Railroads Board of Railroad Commissioners A. m. Calvin Coolidge Frederick W. Eaton Julius Garst William FE. Carney Committee On Neponset River Quincy Granite Avenue Milton Samuel L. Collins Morton Burdick Walter McLane John J. Murphy

Moore says wife not liable for bills after leaving home

Thomas J. Moore of 152 Pearl Street Somerville Massachusetts states he bears no responsibility for any bills incurred by his wife Madeline Moore who left his bed and board. The notice mentions legal aid options with Atkinson Law Offices and Roxbury Legal Aid Society offering free consultations at specified hours.

Madeline’ Moore Thomas J. Moore Pearl St Somerville Mass Atkinson Law Offices Beacon St Roxbury Legal Aid Society

Also Mentioned on This Page

Kidder, Peabody & CO Devonshire Street New York Market Boston Stocks Park St. Louis Kansas City Toledo Detroit Ray Consol Rock Island United Cigar UN Rys U & Rubber Cere Ee U $ Steel Wen Torrington United Fruit Eevee United Shoe U S Smelts U S Smelt US Steel U § Steel Utah Consol Serene Amal Neveee Ee Bay State Gas Bingham Mines Butte & London Cactus Ee Eeeae OS OS Caes Davis Pbaly Eagle & Blue Nat’l Girard Houghton Ee Laramie Ee Globe Yukon Ee Marconi New Open Braden Copper British Am Tech el Paso Ely Consol Giroux En Tee Kerr Lake BY Mason Valley Nevada Hills South Utah Stewart Money Market Metal Markets Oreeereae Ee Dan Renee State Street Union and Southern Copper Producers’ Association Engineering and Mining Journal Close Sewer Wees Oet Prey Boston & Maine Philadelphia Market Am Rys Wkki&s Penn Sait Welsh cl Ss Phila Co Mil & St P Norf & W Norfe Sparta Panag RI & P Cccass Ab Rus M & Stig St . & SF Gas Bet Pvc Vxeene Rais A Ea Ik Am Stig Cis Gas Yeas Erie Patel Uae Pacific Col Col Ai Gee & Comal AT & SF al Ds Eiecer At&s Weeles Illinois Steel Berks Fert Ndiana Steel Pie Cae Yan At&sf Trans Saat Atl Coast Es Ps Brats Eekly Balt Opl Bis Pees Arkansas L& N Minn & St L K& T Ches & O Sse Aikes Ae NYC& Ais Ae Vandalia B&q Wis &M Coctra North Pacific A B&q Oy Rao Nyc CBE Ams Wee Fast Iits Maryland Niagara Gt West Pnigs Siagees West Union Nor Southin CSP M&om Liggett & M Liggett &M Lornard Co Pease Senhans Ry Tol ‘i & Wat Ae Union Pacert Atlanta Lily T Blue Bull Trethewey Wettlaufer Big Dome Comb Frae Obie Daisy IF O’brien Florence Bel Hollinger Jim Butler M'Namara Midway Mizpah Montana North Star Alta Keerse Crown Il Gold Chain Idaho King Wm OGL Cobalt L Mason Val Hargrave General Chemical Bradstreet’s Dun N. W. Harris Norfolk & Southern Bonds Shipping News Chicago Market Booth Fish S&m Canal & D Subway Swift&co West Stone Pueu ‘Tool Arcadian Orotava Quebec Clyde A & Miners Bermuda West Indies Europe Beekman Tourist Co Washington St Cor Independence Linn New England AM Colonial Line
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