Copper Surplus at Lowest Level across Markets
Total sales in New York and Boston list mixed activity with American Express leading gains in New York and Amalgamated Copper in Boston. Notable losses include Liggett & Meyer in New York and Georgia Electric in Boston. Financing rates show call money at 2 percent in New York and 2½ to 3 percent in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
American Express
Liggett & Meyer
Amalgamated Copper
Georgia Electric
Copper Surplus Shrinks As Market Reacts To 1912 Reports
The Copper Producers' statement shows a further drop in the surplus, lowering visible copper to the smallest level since the association began. Amalgamated advances slightly as the market stabilizes after the initial reaction, while Tobacco and Traction stocks encounter volatility amid restructuring moves. Ray Consolidated proposes an offer for Ray Central Copper, and a stock increase vote is set for Bay Consolidated. The January Copper Producers' report notes a substantial decrease in accumulation and provides detailed U.S. market data through February 1 1912.
MENTIONED IN THIS ARTICLE
Money Trust
London
Amalgamated
Rock Island
Third Avenue
Public Service Commission
Local Copper Market Surges On Association Statement
The Copper Producers' Association January report shows a surplus drop of over 2,000,000 pounds, sparking a broad buying surge across copper listings. Traders cite a firmer tone after the statement, with prices rising fractions to several points, while merger talks at Ray Consolidated and Central draw market attention.
MENTIONED IN THIS ARTICLE
Copper Producers’ Association
Amalgamated
Association
Ray Central
Ray Consolidated
Consolidated
Central
Ray Consolidated-Central
Superior
Isle Royale
Erge
Stock Exchange Actions and Market Highlights
The Boston Stock Exchange stricken Elm River Copper Company stock after consolidation with Contact Copper. Rhode Island Coal Company posted a record 354 tons mined in a single day. New York Curb Market elected six board members with terms ranging from one to three years. United States Motor Company directors approved a quarterly 184 percent preferred stock payment due February 10. The Boston Stock Exchange and Curb Market to close on February 12 in observance of Lincoln's birthday. Amoskeag certificates ready for March 1 delivery. James R. Hooper named president of New England Trust Company with David R. Whitney moving to vice president. William Endicott Jr named board chairman. G R Fessenden leaves for a six week Pacific coast trip. South Mining Company annual meeting set for March 5.
MENTIONED IN THIS ARTICLE
Actire Industrials
High Point
Dane
Ray
Ray Consolidated Copper Company
Ray Central Copper Company
Ray Consolidated
Ray Central Copper Co
Ray Central Management
The
Bay Consolidated
New York Curb Market Association
F. T. Ackerman
Franklin Leonard, Jr
Muller
David Pfeiffer
L. M. Richmond
George T. Taylor
Mr. Ackerman
United States Motor Company
James R. Hooper
New England Trust Company
David R. Whitney
Mr. Hooper
William Endicott, Jr
Ak Lal
Boston curb market prices drift with mixed activity
The curb market showed a drop in Contact Copper from 86c to 0c amid thin sales after recent higher levels. Porcupine Northern and Southern and Rhode Island Coal stayed active at firm quotes. Lion Hill Consolidated hit a new high near 720, Bay Central edged up on news of a merger with Consolidated.
MENTIONED IN THIS ARTICLE
Porcupine Northern
Railways and financial bonds sold to Kuhn Loeb and Co
The Chicago and Northwestern Railway sold first mortgage four percent gold bonds due March 1 1947 guaranteed by a bid to be assumed by the Chicago and Northwestern Company. Quincy Massachusetts will receive bids by noon February 12 for a temporary loan of $175 000 maturing February 14 1913. Chicago St Paul Minneapolis and Omaha Railway sold five million dollars of six percent debenture bonds to Kuhn Loeb and Co.
MENTIONED IN THIS ARTICLE
Chicago & Northwestern Railway Company
Kuhn, Loeb & Co
Milwaukee, Sparta
Northwestern Hailway Company
Chicago & “Northwestern Company
Quincy
Mass
Chicago,St. Paul, Minneapolis & Omaha “Railway Company
Record of Stock Dividends and March Stock Dates
A list of stock dividends and dates from several railway and manufacturing firms. Union Pacific and Southern Pacific announce quarterly or semiannual dividends with stock record dates in March and April. Erie Manufacturing and other companies show per cent payments and record dates in February and March.
MENTIONED IN THIS ARTICLE
Erie Manufacturing Company
Rooklyn
Pi Tran ‘Ve Eertay
Union, Pacific, Railroad Company
Southern Pacific Railway Company
oAck
Union Pacific Railroad Company
Calendar for Today Dividends Payable Louisville and Nashville
A calendar item notes dividends payable by Louisville and Nashville Railway to shareholders. The notice lists a per cent rate of 3.12 percent and directs holders of stock or shares to present certificates by a specified date to receive payment.
MENTIONED IN THIS ARTICLE
Louisville & Nashville
Also Mentioned on This Page
Nsiveee
Jet Enewes
Pullman
Aaa & Co
Arizo Eote
Boat Cortin
Aee & Me A Eeew Me
Yea Huta
Giroux Eeenerese
Hancock Eeee
Ee Jana Aees
Bee
Kerr Lake
Lake
Mason Valley
North Leweeesee Bay
Consol
Utah
Sup & Bos
Tata Sales
William E. Soule
Copper Producers’ Report
United States
Boston Stock Exchange
Elm River Copper Company
Contact Copper Company
Commission On
Inspiration Consolidated Copper Company
Rhode Island Coal Company
Boston ‘Stock Exchange
Lincoln
Amoskeag Manufacturing Company
RB. G. Fessenden
American Trust Company
Pacific Coast
South Mining Company
Froston
Gub-Treasury Credit
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Ansfers
Nes
Renee
bin Ant
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Atl
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Eneen
Eaaeseeee
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Rio G Fund
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de Penn Coll
Kanawha & Mich 2Ds
Steel
Wake Shore
Iante & Nash
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Pacific
Fiat
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Tenn'o & I
Do Coll Trust Co
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Reinhardt Jevenshire Street
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Aee
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b.Meh
York
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Wed
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Eve
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Ini
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Tee
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de Koven
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Broadway
N. Y
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Jeas Deville Wash St
Beyteten
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Herrick's
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Charles J. Jones
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Leo Slezak
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Commonwealth OF Massachusetts
State House
Committee On Cities
Said Oly
H. N . Hall
Geo. R. Burns
Committee On Railroads
Francis J. Horgan
Board of Railroad Commissioners
M. J. Schoonmaker
WM. A. O'Hearn
John BE. White
Baker & Co
Plymouth
Viola Allen
Herefords
RAC Orns, cRee Mat
U St
Trome
Castle Sq. Beyantazae
Ee Ee Crete
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Queens
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Jeff
Clev
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Dustin
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Andes
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Handel and Haydn Society
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Oratorio
Arminius
Max Bruch
Chorus Ree Society
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V Williams
Menora Marcus Kellerman
G. Tucker
Nist
Thompson’s Music
Park Street
Longwood
Boston Socialist Club
George R. Lunn
Schenectady
Abraham Lincoln
Butler Wilson
Charles Zueblin
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