Massachusetts Holding Company Debate in Public Utilities
Editorial analysis of the 1912 Massachusetts Legislature holding company investigation. It explains how holding associations influence public utilities, how regulation may be undermined, and two main recommendations: extend regulatory board oversight to holding associations and cap any corporation's holdings at 10 percent of a public service company. It also contrasts individual versus corporate ownership and discusses watered stock risks and proposed remedies.
MENTIONED IN THIS ARTICLE
Massachusetts
Board of Railroad Commissioners
Gas and Electric Light Commissioners
House
Senate
Commonwealth
Public Service Commissions
Public Service Corporation
Commission
Publi
Public Service Corporations
Massachusetts Electric Companies
Massachusets Gas
Controlling Voluntary Association
Springfield
Worcester
Fall River
Gas and Light Commission
Money Markets Steady As Bond Payments Boost Bank Loans
Rate firmness persists with a $7 million loan account expansion driven by American Telephone bonds. Gold exports reach $25.25 million since Jan 8, anticipated to hit $30 million. NY call money at 4%, time loans 3-5%, commercial paper around 6%. Boston balances, NY clearings, and foreign exchange quotes listed with various currencies and maturities.
MENTIONED IN THIS ARTICLE
Boston
American Telephone Company
South America
New York
Sigheiale Eos
Ab Doi Acardaacece
Gabton Gleaviooh
Reichsmarks
Cotton Markets Rally On May Option Lift In London Influence
Cotton prices showed an uptick today with May trading up from 11.91 to 12.12 cents as Liverpool futures rose about 6 points. Bearish firms shifted to a more favorable view amid oversold conditions, and buying of new crops appeared likely to recoup declines on each drop, while heavy short covering weakened the technical position.
MENTIONED IN THIS ARTICLE
Liverpool
Prices Continue to Drop in State Street Markets
Prices across the market extend declines with the 20 active railroad stocks near 1911 lows and industrials still above those depths. Factors include reform bills, money trust suits, global conflicts, gold movements, and tariff fears. Toledo Traction bonds attract buyers for a five year 6 percent issue backed by Toledo’s electric light and street railway assets and related lines.
MENTIONED IN THIS ARTICLE
Steel Trust
Stock Exchange
Money Trust
Wilson
Woolworth and
Goodrich
Toledo Traction
Toledo Traction, Light & Power
N. W. Harris & Co
Electric Lighland Power and Street Railway
Toledo
Grain Markets Show Mixed Movements on Feb 18
Foreign wheat markets rose but inactivity and moisture shortages kept the trade weak overall. May, July, and September futures closed lower while corn firmed briefly then slipped, oats fell slightly, and international prices in Liverpool Paris and Berlin edged higher or unchanged. Minneapolis and Duluth receipts rose year over year as Chicago grain lots moved modestly. Export sales reached 80,000 wheat and 96,000 corn.
MENTIONED IN THIS ARTICLE
Narow
Liverpool
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
New York
St Louis
Kansas City
Toledo
Am Smelt & R
At& SF
Beth Steel
Bklyn R T Wee Wee
Cal Pet Corp
Can Pacific
Cm& SP Pf
Chic & NW Pf
Ro Chino Co
Comstock T C
Dewe ‘. Ff Pf
Erie
Goodrich
Ofss
H’m Exp
Ins
Int Corp Pf
Kayser J
Kk & D
Kreege Co Pf
Lehigh Valley
Liggett & Mey
Vent & T Mey Pf
Loran Co Pf
Roe
Louis
Copper Market Slump Deepens in Boston Liquidation
Prices collapsed across copper shares with Granby Lake Copper and other issues hit hard. Reports show 80 million pounds of copper sold at 15 cents a pound while American Smelting & Refining Co. offered 14 3 4 cents in London. Lake Copper falls to 123 and rumors of assessments weigh on sentiment.
MENTIONED IN THIS ARTICLE
Boston
Granby and
Lake Copper
Pond Creek Coal
Butte & Superor
Isle Royale
Amalgamated Copper
North Butte
Mayflower
American Smelting & Refining Company
London
Granby
Prices Decline In Yesterday's Stock Markets Across Cities
New York and Boston recorded notable activity with totals of 404,300 and 35,399 shares respectively. General Chemical led gains in New York, while B F Goodrich pref fell. Maine Central rose in Boston, Granby Consolidated dropped. Call money ranged 3.5 to 4 percent in New York and 4 to 5 in Boston. time money moved 4.5 to 5 percent in New York and 5 to 5.5 in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Amalgamated Copper
General Chemical
B. F. Goodrich Pref
Maine Central
Granby Consolidated
Wall Street Drops After Brief Upturn Amid Rumors
The New York market opened with a temporary uptick after yesterday's sharp decline, aided by short-covering and news of averted railway firemen strike but failed to gain confidence. By close, leaders fell, Reading and Southern Pacific hit new lows, and Hill stocks weakened as bonds also weakened with $2,647,000 par value traded.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Reading
J. P. Morgan
Goodrich Common
Preferred
Southern Pacific
United States
Boston curb trading fades as market shows mixed gains
Butte Central, Alaska Gold and Nevada Douglas lead the curb list with Butte Central opening 81-4, sinking to 71-8, then finishing 78-4. Alaska Gold dips to 135-8, Nevada Douglas holds near 25-8, while United Verde Extension slips 10 cents and Mexican Metals sits around 11-4 amid erratic Michigan Utah moves.
MENTIONED IN THIS ARTICLE
Butte Central
Alaska Gold
Nevada Douglas
United Verde
Michigan
Utah
Alaska
Bay State Gas
Bingham Mines
Boston Ely
Butte & London
C’l'v
Ras
Corbin
Cortez Se
Ohio
Oneco
South Lake
Sup & Globe
Utah Metals
Yukon
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Ally
Merchants Heat & Light Co
Indianapolis
Money Markets
Enes
Mar
Florence Goldfield
Houston Oil
Ree
Manhata ‘Transit
McKinley Faen
Nevada
Cna
Ohio Copper
Stewart
Chicago Market
Ask
Ask Am Ship
S& R
Rys
Subway
Swift&Co
Cc T&tr
Una
Philadelphia Market
M Rys Ou
Phil Co
Camb Steel
BH & P
P i Trac
el St Bat
Pa Steel Wk Ir&Stl
Pa Salt
Hila Co
State Street
Nynh&h
tNor & West
Nor Pac
Pac T & T
Pitts Coal
Iman
T&s
Rock Island
Rumeley Co
Brant Y
TSL& W Pf. Eeeeueae
Underwood Typ
Ag Pacific
United Cigar
U & Steel A
C&c
Westinghouse
Woolworth
Boston Stocks
Fed Fed
T& T
AT &T
Kcps & M
Turner, Tucker & Co., Inc
Milk Street
First Nat. Bank Bldg
Broadway
New York Market
E. H. Rollins & Sons
Philadelphia
Denver
SanFrancisco
Los Angeles
Btock Exchange
Hapsburg Liebe
Post Magazine
Atl Coast Line
Cal “Gas & el
Eeeeee
Chic
Mil & St P
Mit
Erie Gallien
Flint & P Mrq
Ricer
Scat
Franklin & Cl
Kanawa & M 2d
Kan City
Lal
Ny City
Chino
Cin, Ind & W
Cole Industrial
Norf
Norf & Wn
Ms Cras
Temp Ctfs
Penn
Wey Aie Poo
Spg_s
Sete
Union P
Webash
Colum
Iwest Shore
Sporren
Ape Rerson
Beacon
F. M. McCarthy
Dorchester
Hollis
He Barry
C.S. G
Allouez
Amalgamated
Ag Chem
Tel & Tel
Bos & Albany
Boston Corbin
Bos & Maine
Bos Elevated
Butte & Supeeeee
Butte Ballak
Cal & Arizona
Cal& Hecla
Centennial
East Boston
Sane
New Englel
Ny&n
Nipissing
Old Colony
Superior Cop
Sup & Bos
IRZ
Swift & Co IR
Torrington
Ele Ees
United Fruit
United Shoeeeeee
U S Smelting
U S Smelt
US Steel
S Steel Pf
Utah Consol
Utah Cop Co
Victoria St
Wolverine
Brown Bret Seeeee
Pneumatic Service Co
Great Northern Railway
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!