Southern bypref now on 4 percent basis
Summary of stock market activity by exchanges in New York and Boston. Reports show total sales for the period starting Jan 1 1912, with gains and losses by several major issues. Ex-dividend conditions noted for Georgia Electric and shifts in exponents for call and time money rates in both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Mason Valley
Mackay Co.’s
American Tobacco
Wolverine
St. Mary’s
Georgia Electric
Southern Railway preferred Dividend Raise Moves Stocks
The Southern Railway preferred stock rose to 73 to reflect a dividend increase from 2 to 4 percent, while the 4 percent general mortgage bonds sit at about 79 1/2. Other leaders were heavier, with Amalgamated, Smelters, Lehigh Valley, Reading and Steel down modestly. Atlantic Coast Line and Louisville & Nashville showed strength amid speculative rights talk. Market breadth remained muted as rails fell about 4 points since November while industrials eased about 2 points.
MENTIONED IN THIS ARTICLE
Southern Railway Preferred
Southern
Amalgamated
Smelters
Lehigh Valley
Reading and Steel
Atlantic Coast Line
Louisville & Nashville
Local Market Sees Broad Rise in Stock Prices On Merger Hopes
Trading overall moved higher with metal shares leading the ascent. The rise centered on Franklin and Calumet & Arizona while hints of consolidations among Hancock Franklin Quincy Isle Royale and Naumkeag circulated as a plausible plan. Winona and Mason Valley posted strong volume and price strength as the session closed firm.
MENTIONED IN THIS ARTICLE
Franklin
Calumet & Arizona
Hancock, Franklin and Quincy
Isle Royale
Portage Lake
Winona
Mason Valley
Boston Stock Exchange Admits Pond Creek Shares
The Boston Stock Exchange admitted 150000 shares of Pond Creek Coal Company. In January Greene Cananea produced 3552000 pounds of copper 100681 ounces of silver and 498 ounces of gold, versus December copper of 3706000 pounds and January 1911 copper 3064000 pounds. Governor Foss resigns from Brooklyn Rapid Transit and Brooklyn Heights Railway boards Henry Evans to succeed him.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Pond Creek Coal Company
Greene Cananea
E N. Foss
Brooklyn Rapid Transit
Brooklyn Heights
Henry Evans
Continental Insurance Company
Boston Curb Market Readout of Trading Activity
Yesterday's curb trading was nominally active with figures from Official Sales Stocks. Notable items included Contact Copper Humboldt Smelters and Porcupine Southern leading the list. The report lists open high and last prices with tonnage for Nevada State Gas and others.
MENTIONED IN THIS ARTICLE
Contact Copper
Humboldt Smelters
Porcupine
Nevada
Bond Market Notes from Various Cities
Middletown Connecticut awards a temporary loan of 25000 to Estabrook and Co maturing November 12 at a 3.41 percent discount. Brockton Massachusetts grants a 200000 temporary loan due October 18 to R L Day and Co at 2 79 percent discount plus the premium. New London Connecticut sells 50000 four and one quarter percent thirty year bonds due 1931 for the Connecticut College for Women to Curtis and Sanger at 103 07. Chicopee Massachusetts places a temporary loan of 100000 maturing November 30 with Worcester North Savings Institution at 2 87 percent discount plus 50 cents premium. Marlboro Massachusetts awards a temporary loan of 40000 payable 20000 November 1 and 20000 November 16 to Estabrook and Co at 2 81 percent discount plus one half cent premium.
MENTIONED IN THIS ARTICLE
West T & T
Bos Albany
Bos Elevated
Bos & Maine Eeeee
NY & Wrt
Rutland
West End
Eee
Adventure
Allonez
Cal & Arizona
Daly West
Franklin
Granby
Michigan
Nevada
Santa Fe
Utah
Cop. Co
Victoria
Boston
Wollaston
St & T
Georgia
McElwain
Mergenthaler
Pullman Co
Reece
Seattle
Swift & Co
Union Land
United Fruit
United Shoe
Us Steel Pe
Algomah Oes
Amalgamated Ener
Eawe
Gulf Ee
Boston Corbin Ee
Butte Ballak
Butte & Supesee
Miami Co
Pond Creek
F. Jae
Setaeeers
Ines Pe R
T & Terrees
At&sbf
Atc
East Ohio
Baldwin Lo
Beth Steel
Bkiyn RT
Butterick
Ches Ohio
Cm&sp
Lehigh Valley
Ligg & Mey Pf
Lorillard Co
Uo St
Louis Nash
Miami Copper
MS P&s SM
Nat B&s
Nor & Wes
T&t
Rep I & S
Sears Roebuck
Tenn Copper Eee
the Texas Co
Third Ave Wi
rsL&éw
Twin City RT. Kevin
Union Pacific
U S Rubber
U S Steel Owen Ene
Utah Copper
Ry & Paes
West Union
Westinghouse
West Maryland
W&le
Cr & T
Armour
Atl Knox & Cinn
Ati
Ealt & Ohio Gold
Cal Gas & el
Vermont
Shes & Ohio
Baebes
Chic & Erie
Thie M & S P
Eave
Do Chic & Pac
Chic & East Il
Ee Ig C
RI & Pac
Do Coll
Consol
Col Midland
Col
Ill Cent Fund
Louis Diy
Inter “Met
Mer Mar
Inter Navig Fisatien
Paccony
Salanere
Nor & West
Lory de Ps Dpbaeies Tke
Pac Ene
Middletown
Conn
Estabrook & Co
Brockton, Mass
R. L. Day & Co
New London
Connecticut College For Women
Curtis & Sanger
Chicopee
Mass
Worcester North Savings Institution
Marlboro
Bradstreet's Report Indicates Slow Yet Steady Trade Expansion
Bradstreet's forecast for New York notes uneven current conditions but hints at gradual expansion. While some regions suffer and demand is conservative, Western and Eastern dry goods trade shows improvement. Cotton goods firm, butter and eggs weaken, potatoes rise, and copper and iron markets show mixed signals amid rising bank clearings and rising Canada trade optimism.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Copper Producers’ Association
Trade Volume Remains Large Amid Cautious Outlook
R G Dun & Co reports the weekly review of trade noting sustained demand for winter merchandise but a general reluctance to commit to long term purchases. Cold winter disrupts distribution, causing some interruption to the trade movement.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
Weekly Review of Trade
Cotton Goods Markets Show Rising Prices and Strong Activity
Market activity remains high in dry goods with wholesale centres opening fully. Cotton prices firm with denims up to nine ounces, bleached sheets up 18 cents, and Fruit of the Loom held awaiting further advances. Export trade and overcoat demand rise as New England wool and footwear markets show mixed strength.
MENTIONED IN THIS ARTICLE
New England
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Southern BY
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