Grain Markets See Inactive Session With Mixed Shifts
A quiet session dominated by small price changes as wheat shows a slight net gain on export sales and a visible decrease. Corn remains steady to modestly higher, oats inch up, while European prices vary. Minneapolis andChicago receipts and car lot figures are noted, with export sales totals to next report.
MENTIONED IN THIS ARTICLE
Liverpool
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
Manitoba
Municipal Bond Bids Sought by Concord and Essex County
Concord Mass invites bids till 5 PM Feb 26 for 25000 worth 4 per cent water bonds dated Jan 15 1913 payable 1000 annually 1918-42. Essex County awards 130000 Fox Hill bridge renewal notes dated Mar 1 payable Sept 1 1918 to Central National Bank of Lynn. Blake Brothers Co and Cape Ann National Bank among bidders. Essex County to receive bids till 9:30 AM Feb 27 for temporary loan 250000 dated Feb 28 with 50000 due Dec 10 100000 due Dec 15 and 100000 due Dec 25 1918. Toledo Ohio bond sales eyed as first municipal issue since tax on Ohio municipals. March 5 sale 750000 City Hall building bonds dated Dec 1 1912 at 4 percent. March 19 175000 park bonds first of 750000 authorized, and 200000 fire department bonds also to be offered.
MENTIONED IN THIS ARTICLE
Concord
Mass
Essex County
Fox Hill Bridge
Central National Bank of Lynn
Blake Brothers & Co
Cape Ann National Bank of Gloucester
Toledo
Ohio
T& T
AT & T
Adventure Ween
Ahmee
Algomahtte Ene
Allouez A. Seese
Srmeneges
Am Ag Chem
Ag Ch Pf
Tel & Tel
Amoskeag
Amoskeag Pf
Anaconda Eeeeres
Ariz Com Ee
Gulf
Bos Elevated
Bos& Albany
Bos& Wor el Pf
Butte& Supre
Cal & Arizona
Cal & Hecla
Centennials
Chino Eet Ee
Daly West
East Boston
East Butte
Lil. Il
Edison Elec
Wlis
Fitchburg Pf Oven
Franklin Oe
Georgia el Pf
Geo Elec Pf St
Giroux
Granby Pereraer
Greene Can Seeree
Indiana
Kerr Lake
Lake Copper
Mason Valley
Michigan
Nevada
New England
Pond Crk Oal
Simon Cosenee
Wee
Mch
St 'S
Santa F
Shannon Sneesens
Shattuck-Aziz
South Utah
Superior Gdh
Sup & Bos
Swift & Co
Torrington
Trinity Teste Eee
Union Land
Union Pac
United Fruit
United Shoe Saa
UN Shoe M Pf
U S Steel
Calendar for Today Dividends Payable Listing
Dividends payable include Caney River Gas 2 percent Trollinger Gold Mines 15c Homestake Mg 65c North Penn R R 2 percent Peoples Gas Coke 13 4 percent Ex-Dividend Delaware Hudson 21 4 percent March 20 Reading Co 1st Btd 1 percent March 13 Books Open Kings Co Elec Lt Pwr Co Sears Roebuck Underground Elec Rys London Victoria Copper Co American Writing Paper Del Lack Western R R Granby Cons Mag Sm Pwr N Y Lack Western Books do not close
MENTIONED IN THIS ARTICLE
Caney River
Trollinger Gold Mines, Ltd
Homestake Mag
North Penn
R. R
Peoples Gas Lt. & Coke
Delaware & Hudson
Reading Co
Btd
Kings Co
Elec
Lt. & Pwr
Sears, Roebuck & Co
Rys
London
Victoria Copper Co
del, Lack. & Western R. R, Granby Cons
Mag
Pwr
N. Y
Lack. & Western
Nevada Utah Mines Reorganization Plan Formed
Trippe and Company inform stockholders of the Nevada Utah Mines and Smelters Corporation that they will form a new company. Bonds and stock will be exchanged for existing certificates of deposit once the modified readjustment plan is prepared and issued.
MENTIONED IN THIS ARTICLE
Trippe & Co
Nevada
Utah Mines & Smelters Corporation
Market Decline Hits Yesterday Across New York and Boston
Total sales show New York at 462 400 shares and Boston 22 007. Reading leads New York with 76 000 and Steel common tops Boston at 2386. Year to date totals mark New York with 13 602 100 shares and Boston 1 062 105. Compared with last year, New York falls from 16 312 900 to 13 602 100 and Boston from 1 780 261 to 1 062 105. Sears Roebuck leads gains in New York while M S P S S M pref drops. Osceola Consolidated climbs in Boston as Georgia Electric pref slides. Call money ranges NY 2 12 to 3 1 4 pct and Boston 4 1 2 pct. Time money NY 4 1 2 to 4 3 4 pct and Boston 5 to 5 1 2 pct.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Steel Common
Sears
Roebuck
Osceola Consolidated
Georgia Electric Pref
New York Stocks Plunge Amid Bear Raid Slim Recoveries
Stocks broke sharply with many issues hitting new lows as bear selling drove rapid declines in Can and Reading and Union Pacific. Some late-day recovery appeared, but market remained erratic. bond market stayed heavy with $2,150,000 par value in sales.
MENTIONED IN THIS ARTICLE
New York
Reading
Union Pacific
Northwestern
Southern Pacific
Erie
Louisville
Rumely
Woolworth
Goodrich
Mexican Petroleum
Balkans
London
Lehigh Valley
United States
Local copper prices drift lower amid market pessimism
The Boston market notes copper selling agencies quoting London at 1478 and 15 cents, with New York sending orders to sell Amalgamated and Steel common. Local brokers grow pessimistic about political, commercial, and copper conditions as prices across most issues slip. Granby, Old Dominion, Wolverine, Allouez, and Amalgamated show notable declines. United Fruit rises while New Haven and Massachusetts weaken. Afternoon trade remains quiet with little quotation change.
MENTIONED IN THIS ARTICLE
Boston
London
New York
Amalgamated and Steel Common
Granby
Old Dominion
Wolverine
Allouez
United Fruit
New Haven
Massachusetts
Boston curb market rounds out Alaska and Butte Central activity
Yesterday in the curb market Alaska drifted from 1385-8 to 127-8 and closed 131-4. Butte Central moved narrowly around 71-2 with limited swings. Eagle and Blue Bell and Nevada Douglas also showed interesting price activity as details follow.
MENTIONED IN THIS ARTICLE
Alaska
Butte Central
Eagle & Blue Bell
Nevada
Douglas
Local Bank Statement Shows Week to Week Comparison
The current weekly local bank statement presents a week to week comparison. It outlines deposits withdrawals and balances highlighting changes from the prior week. A brief summary notes overall liquidity and performance indicators across key accounts.
Money Markets Hold Slightly Steady As Rates Dip
Monetary markets show little change with moderate demand for call and time funds and a small rate decline. Sterling remains firm with gold export prospects favorable. In New York call rates at 8 percent. time quotations down about 1 to 4 percent, ranging 4 1/2 to 4 3/4 percent for all periods. Local money and foreign exchange quotes follow.
MENTIONED IN THIS ARTICLE
New York
Calumet and Arizona to Buy Bisbee Property
Arrangements completed for Calumet and Arizona to absorb American Saginaw Development property in the Bisbee camp. The deal bases one Calumet share for 614 American Saginaw shares, issuing 16 000 Calumet and Arizona shares.
MENTIONED IN THIS ARTICLE
American Saginaw
Bisbee Camp
Calumet & Arizona
Hat Pin Bill To Be Engrossed Passed Into Law
A bill prohibiting protruding hat pins moved to engrossment after passing a legislative stage. The measure targets safety concerns and aims to restrict hat pin designs that extend beyond the wearer’s hat.
Market Breaks Sharply On Top Stocks
State Street topics describe a broad market decline with American Can and American Tobacco leading losses amid rumors of a government probe and delayed dividends. Reading fell three points while Steel common and Atlantic Coast Line slid. investors await the new administration. Boston bank deposits surged a record 18.059 million, aided by bond finance. East Boston land values rise as flats sale to port directors offered. Copper remains unsettled with 15 cents range and heavy future delivery sales. Idle car surplus narrows to 22,188. Chesapeake and Ohio yields high dividends, raising questions on reliance on profits versus capital retention. Six Massachusetts life insurers complete disposal of assessable securities.
MENTIONED IN THIS ARTICLE
American Can
American Tobacco
American Can Common
Preferred
Bears
Steel Common
Woolworth
Atlantic Coast Line
Boston
City of
United States
R. D. Evans
Massachusetts
New England Mutual
John Hancock Mutual
State Mutual
Columbian National
Boston Mutual
Berkshire
Massachusetts Mutual
Library Bureau Annual Election Heads Officials Named
At the annual meeting the Library Bureau elected directors A N Parlin N B H Parker B S T Russell C C Converse Jesse P Lyman Grant Walker William Y W Kellen Lyman Fr Gordon and Samuel P Savage. Directors then elected officers B S T Russell president A N Parlin vice president and treasurer C H Cobb assistant treasurer and N B H Parker secretary. President Russell says January business was the largest in company history.
MENTIONED IN THIS ARTICLE
Library Bureau
A. N. Parlin
N. B. H. Parker
T. Russell
C. C. Converse
Jesse P. Lyman
Grant Walker
William YV. Kellen
Lyman Fr. Gordon
Samuel P. Savage
H. Cobb
Bond Market Report Shows Mixed U S Debt Activity
Principal dealings in Atchison St Paul and Union Pacific cabins in lane and New York Railways 5s and States Steel 5s. Total sales 2 063 000 versus 2 003 000 Friday and 2 554 000 a week ago. From January 1 to date 92 408 000 versus 155 752 000 a year ago.
MENTIONED IN THIS ARTICLE
Atchison, St. Paul
Union
Pacific Cavens
New York Railways Adjustment
States Steel
Stone & Webster 1912 electric ventures financial snapshot
The combined statement for the year 1912 covers the electric railway electric lighting gas and water power ventures under Stone and Webster. It lists capitalization totals bonds notes and preferred and common stock values plus earnings expenses dividends and reserve movements. It also records miles of track passengers carried lighting and power loads and total gas output.
MENTIONED IN THIS ARTICLE
Stone & Webster
Green Wheatoee Sacs
Ienesess
Dull Cotton Market Narrowness After Late Selloff
The cotton market remained dull and narrow until the final hour when prices weakened due to long March liquidations and sympathy selling tied to unsettled stock markets. News was scarce and influential figures muted. The Cotton and Cotton Oil News editor warned of Mexico trouble possibly hindering a large Texas crop, while Liverpool trading was quiet over the holiday and weekend figures showed slight bearish bias with little impact.
MENTIONED IN THIS ARTICLE
Cotton and
Cotton Oil News
Mexico
Texas
Liverpool
Metal Markets Report Shows Mixed Tin and Copper Moves
The Metal Exchange notes slight activity with tin down 5c in bid and changeable asks. Spot sales total five tons at 48, ten at 47.90, fifteen at 47.86, ten at 47.75, plus twenty tons of February at around 47.85 to 47.95. Copper remains dull, down 5c for deliveries through May, with spreads wide across February to April.
MENTIONED IN THIS ARTICLE
Cookson
Victoria Copper Report for 1912
The Victoria Copper Mining Company reports for year ending December 31 1912 show receipts of 215490 against 273008 in 1911, expenses of 249910 versus 210659, producing a deficit of 86420 compared with a 62349 surplus in 1911. End of year surplus stood at 27623 versus 64044 at year start. Production reached 1002924 pounds, down from 1030993 in 1911. Directors were re elected with A A Chesterton filling the vacancy from D A Barber’s resignation.
MENTIONED IN THIS ARTICLE
Victoria Copper Mining Company
D. A. Barber
A. A. Chesterton
Northern Texas Co to Increase Capital
At a stockholders meeting in Portland Missouri the Northern Texas Electric Company authorized raising 6 percent preferred stock from 4.5 million to 5 million and common stock from 2.9 million to 5 million.
MENTIONED IN THIS ARTICLE
Northern Texas CO
Northern Texas Electric Company
Stone & Webster
Portland
Dividend Declarations from Multiple Companies
A list of regular quarterly and semi annual dividend declarations with payment dates and record dates for Brooklyn Rapid Transit California Petroleum Tonopah Belmont Borden’s Condensed Milk Globe Soap Laclede Gas Houghton County Traction Heywood Bros Wakefield. Includes preferred and common shares with March or April payables and book close dates.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
California Petroleum Company
Tonopah-Belmont Development Company
Borden’s Condensed Milk Company
Globe Soap Company
Laclede Gas Company
Houghton County Traction Company
Heywood Bros. & Wakefield Company
Baseball on at Princeton opens with 40 candidates
Princeton New Jersey February 24 Forty candidates answered the first general call for baseball at Princeton reporting to Coach Clark and Captain Worthington for the opening practice. Clark previously a Giants catcher has trained battery candidates for weeks, marking the first day for the full squad.
MENTIONED IN THIS ARTICLE
Princeton
N. J
Clark
Worthington
No Sunday Baseball Defeated by Voice Vote in Legislature
Substitution of the bill to permit Sunday baseball was refused on a voice vote after opposition from Cardinal O Connell and the Sabbath Protective League. The bill had been reported adversely by the committee on legal affairs.
MENTIONED IN THIS ARTICLE
Committee On Legal Affairs
Cardinal O'Connell
Sabbath Protective League
Directors Turn Down Land Offer
Chairman Hugh Bancroft of the Port Directors told the committee on metropolitan affairs that the board refused East Boston Land Company’s offer to sell 5,000,000 square feet of flats to the State for 1,000,000 dollars. He noted the dispute had delayed port development and said a 2,500,000 square foot offer at 30 cents per foot was declined. The board needs little of the flats to connect with the main land.
MENTIONED IN THIS ARTICLE
East Boston
East Boston Company
Hugh Bancroft
Port Directors
Committee On Metropolitan Affairs
East Boston Land Company
Post
Port Development Bills Move Through Committee
Yesterday hearings on port development bills featured Director Conry urging a $50,000,000 development fund. General Bancroft reported railroads joining a union passenger terminal plan with Boston & Albany latest to agree. A measure granting directors $85,000 for salaries and expenses passed in the House after Conway of Boston objected.
MENTIONED IN THIS ARTICLE
Conry
General Bancroft
Union
Boston & Albany
Conway
Boston
Teachers at Hearing on Good Behavior Bill
Several hundred teachers appeared before the education committee to back a bill that would retain teachers in their jobs during good behavior. The measure, petitioned by Ernest F. McKechnie of the Massachusetts Teachers' Federation, would remove teachers from political pressures.
MENTIONED IN THIS ARTICLE
Committee On Education
Ernest F. McKechnie
Massachusetts Teachers’ Federation
Governor seeks $15,000 to fight Haverhill gas ruling
Governor Foss asks the Legislature for 15000 to carry on the fight against the Haverhill Gas Light Company which refuses to reduce gas prices as urged by the Gas and Electric Light Commission. The message states the case involves the principle of public regulation.
MENTIONED IN THIS ARTICLE
Foss
Haverhill Gas Light Company
Gas and Electric Light Commission
Morrill Resolution Seeks Government Ownership of Coal Mines
The House adopted by 1383 to 78 a Morrill resolve urging Congress to take national control of coal mines. Morrill, a socialist member, also proposed railways under the Post Office Department, which was defeated 44 to 4.
MENTIONED IN THIS ARTICLE
House
Morrill
Congress
Post Office Department
Will Filed of Edward J Mitton in Norfolk Probate Court
Edward J Mitton of Brookline vice president of Jordan Marsh Company filed in Dedham. widow Mrs Sarah S G Mitton to receive $39000 for life plus household effects. Trust plans provide 25 year term for children's benefit after fixed payments to sister and brother. remainder to be divided among children. Nearby legatees include nephew Charles D Mosscrop. guardianship and executors proposed for sons George and Arthur Mitton and Charles B Barnes Jr. of Weymouth. Estate value unclear, no inventory filed.
MENTIONED IN THIS ARTICLE
Edward J. Mitton
Brookline
Jordan Marsh Company
Norfolk
Dedham
Sarah S. G. Mitton
Sarah Sr. Mosscrop
Brooklyn
N. Y
Charles S. Mitton
Boston
Charles DD. Mosscrop
Tax Exempt Stocks Availability Ahead of Tax Day
A preview notes rising demand for tax exempt stocks as April 1 tax day nears. Brokers report continued interest even as listed market stocks fall, with tomorrow’s financial page to show prices and yields for representative tax exempt stocks and summarize New England state security tax laws.
MENTIONED IN THIS ARTICLE
Boston Post
New England
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Richardson, Hill & CO
Congress Street
United Light & Railways
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Decline
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Ym&sp
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Am ‘Ag Che Chem 5S Crisp Enlte Sete 10414 Senses 10044 | Corte Hg
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