Financial snapshot from December across markets and companies
Boston Elevated reports December income up 81 000 dollars or 5 4 percent from 1914. Butte & Superior zinc recovery for Q4 near 47 500 000 pounds vs 41 230 000 prior quarter. Profits for Q4 likely 3 5 to 4 million, yearly earnings near 10 million. W & A Bacon reCAP capital stock cut to 600 000 dollars. Toledo Machine & Tool acquired by Holt McWilliam New York. capital stock 6 million. earnings 25 to 30 percent on expanded capital. Boston & Worcester Street Railway December receipts 48 696 dollars up 8 6 percent. General Motors committee elected Kaufman chairman. Bay State Street Railway December earnings up 6 5 percent. Woolworths Christmas sales 1 247 026 dollars, best day ever. McCrory Stores Christmas week sales 2 percent ahead of 1914. American Can price list for 1916 shows 10 percent rise. Braden stock exchange deposits exceed 9 percent. few take cash for Kennecott. Franklin Savings Bank annual meeting reelects Baldwin Pierce Hart Keyes and 34 trustees. permanent dividend orders adopted.
MENTIONED IN THIS ARTICLE
Butte &Superior Company
Toledo Machine & Tool Company
Holt, McWilliam & Co
New York
Franklin Savings Bank
Charles H. Baldwin
J. Homer Pierce
Henry W. Hart
Charles D. Keyes
Terrible-Dunderberg
Silver Plume
Colorado
Dunderberg Mining & Power CO
New England
Congress Street
Boston
Bond Market Notes Worcester Loan to Blake Bros Co
Worcester awards a $150000 loan due April 3 1916 to Blake Bros Co at 1.96 percent discount plus 125. Dedham invites bids by 430 pm January 6 for a $130000 four percent coupon high school loan bonds dated January 1 1916 and due 6500 annually 1917 1988 inclusive.
MENTIONED IN THIS ARTICLE
Worcester
Mass
Blake Bros. & Co
Dedham
Harvard Military Work Opens with Lecture Series
Harvard's regiment prepares for the first assembly this afternoon in the new lecture hall. Captain Cordier, appointed by the War Department, oversees civilian recruits and the upcoming drill schedule. About 1200 men will receive uniforms, with a fund to assist those unable to pay. Drilling will start in indoor facilities before outdoor training.
MENTIONED IN THIS ARTICLE
Harvard
Cordier
War Department
Hemenway Gymnasium
Soldiers Field
Turkey Threatens Reprisals for Consuls in Saloniki
London January 3 A Constantinople telegram reports the Porte through the American embassy protested the arrest of the Ottoman consul and consulate officials at Saloniki. It states that if Greece does not release them the Porte will retaliate against entente subjects. Greece has protested to the entente powers over the capture.
MENTIONED IN THIS ARTICLE
London
Amsterdam
Reuter
Constantinople
Porte
Saloniki
Greece
Markets Open Weak But Close Strong
A mixed session saw markets opening weak but turning higher by close led by gains in National Lead Smelters and Mexican Petroleum. New York Air Brake stood out as a strong feature while Allouez drifted as an irregular local market element.
MENTIONED IN THIS ARTICLE
New York
Allouez
Points in Yesterdays Markets
Daily market data show total sales in New York 1 018 302 shares and Boston 77 616 shares with steel leading activity in New York at 104 600 shares and Ventura Oil leading Boston at 19 171 shares. The year to date totals match these figures for New York and Boston, with gains and losses notes for key issues including N Y Air Brake and Central A A of N J in New York and Boston listings for Boston and Maine, Boston and Albany.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Ventura Oil
N. Y. Air Brake
Central A. A
N. J
Boston & Maine Ptd
Boston & Albany
New York Market Opens Year With Mixed Stock Activity
The New Year starts with uneven trading as Persia sinking and Teutonic naval action shadow declines. Oil shares lead gains with Mexican Petroleum rising sharply, while United States Steel and Bethlehem endure declines. Trading volume is heavy with 1,030,000 shares, bonds firm after speculative concession, and overall irregular close bids.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Persia
Teutonic
United States Steel
New York Air Brake
Baldwin Locomotive
Studebaker
Crucible Steel
Lackawanna Steel
Bethlehem Steel
Mercantile Mine
St. Paul
United States
New York Stocks Prices and Comparisons
New York stocks close with mixed moves on January 3 as investors scan prices, highs, lows, and changes versus the previous close. Market activity reflects varied demand across sectors and listed industrials.
Market Holds Ground Amid Copper News In Boston
Boston market starts the year steady as 28 cent copper news dampens sentiment. Banking circles expect Austrian note to reflect US demand, while United States Smelting and American Smelting rise on Mexican investment and high product prices. Allouez gains on earnings and dividend hopes. Lake district merger chatter grows with Mohawk and Seneca signals suggesting consolidation in the region.
MENTIONED IN THIS ARTICLE
Boston
United States
Persia
Mexico
Allouez
Lake District
Mohawk
Seneca
Boston Stocks Bond Market Snapshot
Market update from the Boston Stock Exchange shows high low and price movements for key stocks and bonds with brief comparisons to the previous close. Traders watch volatility in potassian and related sectors as day sessions unfold.
New Year Stock Rise Amid War News and Dividends
The 1916 stock market opened with a million share day as rail, metal, and war order stocks led gains despite submarine warfare fears. St Paul rose on proposed dividend increases, American Smelting hit a new high on Mexico prospects, and New York Air Brake surged on strong earnings and war orders. Miami Copper raised its dividend sharply, while prices suggested mixed confidence in sustaining current highs.
MENTIONED IN THIS ARTICLE
Wall Street
Persia
United States
St. Paul
Mexico
New York
Copper Prices Jump to Highest Level Since 1907
Copper metal rose to 23 cents in New Year trading, the highest since 1907, lifted by London gains of 2 pounds sterling and strong demand for immediate delivery. French inquiries for 2000 tons suggest limited supply, while U S railways and electric systems report record or rising earnings amid broader prosperity.
MENTIONED IN THIS ARTICLE
London
Pennsylvania Railroad Earnings Jump in November
The Pennsylvania Railroad reports a record November with gross earnings of 35.092 million and net earnings of 9.58 million, both up sharply from the prior year. For the first 11 months, net revenue reaches 80.403 million, up 27 percent over last year, while New Haven's November results show a strong surplus and rising net profits.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
New York Central
Pittsburg
New Haven
Money Markets and Foreign Exchange Snapshot
Current quotations show call loans for outside brokers at 8 percent and 3 percent for others. Commercial and collateral loans range from 4 to 8 percent with commercial paper at 8 to 4 percent. New York forex edges firmer with sterling around 4.74, francs at 8.8544, marks 76, lire 6.62, and related bank balances and exchanges listed.
MENTIONED IN THIS ARTICLE
New York
Boston Federal Reserve Bank
EO Guys
Boston
Eunvuscevers
Treasury
Porphyry Copper Stocks Priced Varying Widely
Among principal porphyry copper stocks Ray Consolidated sells at 25 while Miami bids 37 Inspiration 45 China 55 and Utah Copper 81. All pay dividends except Inspiration which is expected to start paying soon. A tomorrow Boston Post financial page analyzes output and costs to judge the better buy.
MENTIONED IN THIS ARTICLE
Porphyry
Ray Consolidated
Miami
Inspiration
China
Utah
Boston Post
Also Mentioned on This Page
Whitney & Elwell
State Street
Chase and Sale of Stocks
Shawmut Bank
American Light and Traction Co
Bodell & CO
Jim Butler
Jones & Baker Stock Brokers
Devonshire Street
Fort Hill
Philadelphia
Chicago
Ajax Rubber Company
Ghandler Bros
Membera
New York Stock Exchange
Pine Street
MAXIM
Triangle
Edward E. Epps & C9
Broad Street
Financial News Notes
W. & A. Bacon Company
Essex and
Washington Streets
Boston & Worcester Street Railway Company
General Motors Company
Guaranty Trust Company
L. G. Kaufman
Bay State Street Railway Company
F. W. Woolworth Company
McCrory Stores Corporation
Braden
Kennecott Corporation
Braden Security
Kennecott
The
Lake Copper Company
Edison Electric Illuminating Company of
Brockton
Brockton, Massachusetts
Stone Webster
Nipe Bay Company
John W. Damon
Puget Sound Traction, Light & Power Company
Massachusetts Corporation
State of Washington
Puget Sound Eeetiea, Light & Power Company
Webster
Turkey
New York Market
Adams Exp
Ergoruseees
Alaska
Alaska Juneau
Hide & Ll
Hide & L Pf
Seeereet
Smelt & R
AT & SF
At& SF
Coast Line
Baldwin
Baldwin Loco
Ohio
Beth Steel
Bklyn
Burns Brosenesere
Too Bush Terminal
Butte & Supan Eeeer
Cat Pet Corp Eee
Cal Pet Corp Pf
Can Pacific Entree
Lesan
Ches & Oreeewe
Ch & G W Pf
Chi M
Chi M & § P of
Tinwaee
CRI & P Ry
Col Fuel & Iron
Cub Am Sug Co
Deete & Co Pf
del & Hudson
Deny & Rivots
Dore Mines
Elec Stor Bat'ry
Erie
Fed M & Oes
Illinois
Mar Ct
Mer
Kan City
Lake Erie & W Vt
Lehigh Valley
Liggett & Meg
Louis & Nash
Maxwell Motor
Maxwell Motoris
P&s
Sp&s
Mo Pacific
Missou Pac Ct
Mont Power Pf
Nat Biscuit Pf
Na Cloak&Suit
Nat Lead
Na En & St
Nevada
New York Dock
N & Co vi
N Y Ont & W
Nor & Wes
Pitts Coal
St Lou & Sn
Sears-Roebu
Texas Co
Third Ave
Union Acific
Utah Co
Weber Él
Wells
Maryland
West Union Hn
Neers
Alaska Gold Seeewenne
Algomah Ee
Alloues
Ag Ch
Ama Oga: Goons
Haven Pf
Anacon Beneeree
Arizona
Atchison Creeeeree
Atchison Eeeener
Gulf
Bos& A
Bos & Maine
Seypee
Bos C & M Clds
Bos & Wor
Butte A Scott
Butte
Cal & Arizona
Cal & Hecla
Michigan
Y&nh
Pond
Pullman Cosonnee
Esvereeaeues
Rutland
Trinity
Orrington
United Fruit
Union Pacific
Utah Consolessen
Utah Cop Co
Ventura i Teeeeee
Victoria
West End Seeeeune
West End Pf
Western Union
Winona Asaeeeweee
Wolverine
Wyandot Aeeeeewee
Boston Stocks
Pond Creek
Swift & Co
Revarees
N. Y
Brake
Corper
Pennsylvania
Miami Copper Company
Utah Copper
Boston Elevated
Massachusetts Electric
Bay State
Massachusetts Electric System
Truro Stocith
First National
Bay State Gas
Boston Corbin Eeere
Boston & Mont
Butte & Son
Butte & N
Cal & Corbin
Davie-Daly Pinas
Basle
Fortuna Anne
Ture Ee
Ath
Copper Co
Ariz Smpeneer
Ajax Rubber
Cor
AAG & WI
Car Light & P
Inter Nickel
Erste Bs
Kelly T Iisssen
Terrible-Dunderberg Mining & Power Co
Wenn Arconi
Cosden & Co
Midwest
Close
Minneapolis
Duluth
F. R. Bank
Money Markets
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