James H Glidden Boston Stock Exchange Member
James H Glidden identified as a member of the Boston Stock Exchange with telephone contact Main 544.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 11, 1915
Page
12
James H Glidden identified as a member of the Boston Stock Exchange with telephone contact Main 544.
Current quotations show brokers call loans at 3 percent and outside call loans at 3 4 percent. Commercial paper ranges 4 4 to 4 1 4 percent, year money 4 1 4 to 5 percent. New York funds and Sub-Treasury figures are listed with daily changes and exchange rates for Sterling Frances marks and guilders.
A new tax exempt preferred stock appears in Boston with 2000 shares of 6 percent preferred stock from South Carolina Light Power Railways. The company, a Massachusetts corporation, serves Spartanburg district with electric light gas street railway and power sales to mills. Earnings for the year ended Sept. 8, 1914, show $424,965 gross and net profits figure not completed in readable text.
The Boston Stock Exchange quotes the day’s high and low prices for bonds and other securities with comparisons to the prior close. Market activity, price shifts, and notable movements in the bond sector are summarized for investors.
The New York bond market shows price irregularities and a surge in futures contracts amid light trading. In Rhode Island news, the council weighs reopening the Walker case after disputed removals and questions over killing cattle orders and legal authority.
Markets end firm after an initial weakness as investors digest steel and railroad news. Pittsburgh coal remains favored while Southern Railway shows strength. Boston shares fall modestly with Lowell and Wolverines noted for local steadiness.
Summary of stock activity in New York and Boston yesterday with total shares traded and top movers. Reading and Butte & Superior led volume in their markets, while Pittsburg Coal preferred rose and Southern Railway preferred fell in New York. Wolverine and Boston & Lowell moved notably in Boston with gains and losses recorded.
The New York market surged despite pressure on coal shares amid rumors of ICC action. $2,500,000 in American gold returned from Ottawa signals a postwar return of bullion to the center, with talks of further imports. January tonnage at United States Steel rises as Bethlehem Steel and auto stocks hit records. Bond issues and foreign exchange movements also feature, with United States registered 2s advancing on call.
The Boston market closes with mixed gains as Wolverine climbs 27 8 to 473 4 amid expectations of a 3 to 4 dividend on April 1. Mohawk shows strength on a 10 point rise, Butte & Superior slides, and copper stocks show mixed action after earlier dividends. Lyman Mills and Pepperell Manufacturing advance in quiet auction activity alongside other textile and copper shares.
The State of Connecticut sold 2,000,000 per cent bonds due July 1, 1936 to Estabrook & Co. and R. L. Day & Co. of Boston at 102 099. Other bidders included N. W. Harris & Co., Merrill, Oldham & Co., Blodger & Co., Lee Higginson & Co., Clark, Dodge & Co. and the Society for Savings of Hartford.
The executive council heard testimony alleging Fred T. Walker sought to sign cattle killing orders after his deposition. Gov Walsh clashed with Walker as Walker claimed untruthful statements were made. White testified about a secret society link and advising Walker during the inquiry.
At a January 30 1915 meeting in Bedford the Boston Market Gardeners Association unanimously passed resolutions denouncing the removal of Fred Freeland Walker Massachusetts commissioner of animal industry as a denial of justice. The group demands reopening of the case and a fair rehearing with proper testimony and counsel for Walker.
The Steel Corporation reported a January 31 unfilled orders rise of 411,928 tons from December, totaling 4,248,000 tons—the highest since 1914. Despite the report, the stock barely rallied, trading at 42 1/8 after a 4 point jump, as traders watched prices trend upward with growing demand.
The article promotes Cartoonagrams as the newest comic feature matter and invites readers to see them in the upcoming Sunday Post. It highlights the new format as a fresh addition to the paper's comics section.
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