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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 07, 1913

Page

12

Copper Lode Found At South Lake Shaft Depths

South Lake shaft at 172 feet cut a third amygdaloid lode bearing copper. shaft remains in lode at 178 feet. Davis Daly on 1900 level shows a strike. crosscut five feet into ore grading about 8 per cent copper and 12 ounces silver. Johnson Case Hanson form new firm. Johnson trades on NY and Boston exchanges. Charles Head Co. close Toronto Hamilton branches. Gay Sturgis posts copper price comparisons with 1911 profits and latest market values.

South Lake Davis Daly Gay & Sturgis Milk Street Calumet & Hecla

Local Bank Statements Compare Weekly Reserves

The weekly local bank statements show a comparison with the prior week and reveal the surplus reserve for the corresponding periods of the previous ten years in Boston and New York. The report outlines changes in deposits cash holdings and reserve levels across the two cities.

Boston New York

Hampden Railroad seeks 2.5 million 30 year mortgage bonds

The Hampden Railroad Company petitions the Railroad Commission for authority to issue 2.5 million dollars of 30 year bonds at 6 percent coupon. This replaces a prior petition for 2.5 million dollars of 0 year 6 percent plain bonds.

Hampden Railroad Company Railroad Commission

El Paso Electric Declares Preferred Dividend No 21

El Paso Texas based El Paso Electric Company declares a semi annual dividend of 3.00 per share on its preferred stock for holders of record at the close of business January 13 1913. Transfer Agent Webster & Company.

el Paso Electric el Paso Texas Webster

Supreme Court ruling shakes Union Pacific stock

Supreme Court surprises operators with adverse decision affecting the union’s ownership of Southern Pacific stock. Beet sugar climbs to 384 as market responds while copper shares dip on light trading amid current-movement concerns.

Supreme Court Union Southern Pacific Union Pacific Wickersham Union Pacific Management Union Pacific Company American Tobacco Standard Oif Southern

Market report of yesterday's trading by city and issue

NY and Boston market totals show New York selling 335100 shares and Boston 17817. Union Pacific and Butte & Superior led activity in NY and Boston respectively. Year to date and year-ago figures are given with notable gains for Vulcan Detining pref and Union Pacific and losses for Wells Fargo Express and Calumet & Hecla. Call and time money rates in NY and Boston are listed.

New York Boston Union Pacific Butte & Superior Vulcan Detiining Pref Wells Fargo Express Calumet & Hecla

Stock Market Slumps After Supreme Court Ruling on Union Pacific

The New York market opened firm but grew bearish as the Supreme Court rejected Union Pacific's Southern Pacific stock distribution plan. UP rose early then sank over 4 points after the ruling, with Southern Pacific also falling. Reading and Northern Pacific showed strength while steel and petroleum shares weakened. Bond sales totaled 2.55 million par value with little change in U S bonds.

New York Stock Exchange Supreme Court Union Pacific Southern Pacific Reading Northern Pacific United States

Boston Market Stocks Drift Lower in Sluggish Session

Boston prices tracked New York with copper and industrial shares slipping. Amalgamated, Steel common, Butte & Superior, Granby and North Butte declined, dragging the list down as demand waned. Boston Elevated rights traded 65 to 7 cents, closing around 70 amid light floor participation and a total of 17 817 shares.

Boston New York Metropolitan Board Amalgamated Steel Common Butte & Superior Granby North Butte Boston H China T&t Central Vt Bos & Corbin West T & T Allouez Algomah Ag Chem Tel & Tel Arizona Bos & Albany Bos & Maine Bos Butte Ball Cal & Arizona East Butte Hl Frac Roux Eee Nanne Granby Sheen Eee Gt North Rts Greene Can Seene Hancock Ee Helvetia Weet Ewe Ib Island Sreek Pf Yale Lake C Mason Wiley Ssny& NH Santa Fe Shannon Torrington United Shoe UN Shoe U S Utah Consol Utah Cop Co Victoria

New York Stocks Gain on Short Covering Amid Limited Offerings

Good commission house buying and liberal short covering lifted stocks with weak offerings, led by wheat and corn. World wheat shipments matched expectations while foreign markets showed little change. London peace conference rupture sparked some buying. Paris and Amsterdam mixed. Minneapolis and Duluth receipts cited. export sales included 240,000 wheat.

Commission House Paris Liverpool Antwerp Berlin Minneapolis Duluth Chicago

Cotton futures slide after Supreme Court ruling

Cotton futures fell sharply after the Supreme Court upheld the government in the cotton corner case against James A. Patten. All options dropped about 25 points from last week's close with January, March, and May contracts down before a brief rally. Traders speculated some major operators liquidated holdings while bearish articles fueled selling pressure.

Supreme Court James A. Patten

Boston curb prices show mixed metals trading

Prices on yesterday's Boston curb reflected a reactionary tone with moderate volume. Mexican Metals slipped from 8 9-16 to 3 1-8, Smokey Development held around 8 8-8 to 8 1-2, with Majestic First National Bay State Gas Butte Central and Alaska Gold among leading features. Details follow.

Majestic First National Bay State Gas Butte Central Alaska Gold

Franklin Savings Bank elects Baldwin president at annual meeting

Charles H. Baldwin was chosen president succeeding J Homer Pierce who remains on the board of investment and becomes vice president. Baldwin, manager of the National Water Company for over 20 years, also joins the board of trustees along with several new members. Treasurer Sturgis reports deposits of 15 696 000 and a 614 percent gain for the 1912 calendar year.

Franklin Savings Bank Charles H. Baldwin J. Homer Pierce James E. Whitney Pierce Board of Investment National Water Company George 8. Baldwin Edward i. Bradlee Herbert Lyman Howard K. Brown Albert P. Carter Frank A. Dewick Charles D. Keyes Harry D. Priest Henry 8. Shaw, Jr Solomon P. Stratton Nathaniel N. Thayer Edward B. Williams Sturgis

Atkinson President Answers Rail Route and Policy Questions

President Ripley of the Atchison, Topeka and Santa Fe discusses double track progress toward Chicago to Los Angeles by spring, government relations with railroads, and regulatory contrasts. He attributes government regulation as both beneficial and detrimental, citing political interference and the need for informed decisions.

Ripley Atkinson Atchison, Topeka & Santa Fe Railroad The Post Chicago Los Angeles Western Railroad Atchison Company

Bond Market Tone Shifts Amid Varied Credit Yields

The market lists numerous corporate and utility bonds with mixed yields from Pacific T & T to National Tube and NY Central. Prices show broad activity with some issues near par while others trade at premiums, reflecting varied credit standings and demand.

Dividends Payable Today On Various Companies

Calendar notes dividends payable for British American Tobacco Germantown Pass Ry National Licorice Pitts Fort Wayne Chicago Lehigh Valley Coal Sales Joliet Chicago Tampa Electric and Brooklyn Rapid Transit. Books open or closes announced for several lines with ex dividend dates.

Germantown Pass Nat’l Licorice. Com Pitts., Ft. W. & Chic., Ltd Ry. Joliet Chicago Tampa Electric Mtg

Money markets ease as year opens with heavy currency flow

The new week opens with easier monetary conditions as currency pours from the middle and far West into New York. Year-end surplus reserves doubled, adding 14.781 million to reach a first week annual record, with call money around 3 percent and six month funds quoted near 4.5 to 6 percent in a wide rate spread.

New York Far West New York Funds Eneseessmeareers Boston Clearings Boston Radio Ye Ea Bankers’ Sterling Senses Ceeeestmeravess

Boynton Faction To Quit Church Over Parish Split

The Park and Downs Congregational Church in Wollaston faces a dispute after Chester A. Boynton sued pastor Rev William B. Ayres for alienation of his wife's affections. Members report the Boynton faction will withdraw from the church to settle the division.

Park and Downs Wollaston Chester A. Boynton William B. Ayres Boynton Chirch

Boynton Seeks Letter to Jo in Revere Church

Word spread that Mr Boynton now in Revere will apply for a church letter to join the Revere Congregational Church he formerly attended. He remains suspended for six months for accusing the pastor, a suspension extended indefinitely by the standing committee. Some expect a favorable vote for his return while many followers have already withdrawn or begun attending other churches.

Park and Downs Church Boynton Revere N. S. Stuart George L. Colburn Mr. Boynton

Man Hit by Car in Roxbury Hurts Head and Arm

Roland Butler, 39, of 579 Dudley Street, is in City Hospital in serious condition with a gashed head and a fractured right arm after being struck by an automobile on Seaver Street Roxbury late last night.

Roland Butler Dudley Street City Hospital Seaver Street Roxbury

Prospects for extra dividends at United Fruit teased

The Boston Post previews a special financial page article on United Fruit Company, noting four years of 10 percent stock dividends plus 8 percent cash, stock prices near 200, and a 150 stock subscription in 1912. Analysts flag uncertainty about future extra dividends and promise detailed analysis tomorrow.

United Fruit Company Boston Post

Also Mentioned on This Page

Minneapolis, St. Paul Sault Ste. Marie Wn. A. Read & Co Congress Street Rch Aes Montana Power Co Richardson, Hill & CO United Light & Railways Co Moors & Cabot Devonshire St Boston, Mass Co. D. Parker & Co., Inc D. F. Johnson George P. Case Edgar T. Hanson Piper, Johnson & Case Johnson, Case & Hanson Charles Head & Co Toronto Hamilton Ontario Cose Coeonness Orl York Boston Stocks Allis-Ch Werner Am Cities Co Smelt & BR . Ae AT & SF S AT & SF Pf Baldwin Loco Pt Beth Steel Pt Bklyn Rwee Cal Pet Corp Ches Ohio Deere & Cop Hav & P Kayser le& W Liggett May Marin Taher Nynhg&h Nor & West Ee Nor People’s Gas Pitts Coal Ro Pitts Coal Pitts Steel Coe Poe Jan Onne Ewer Lord Jan Eee Ewees Rere Jan Eenee Ee Ae Ewer Butte Calaveras M Crown Reserve Ekag “& B B. Ea Ely Witch Goldfield Con Issa Houghton Utah New Douglas Kerr Lake Ohio Copper Stewart UN O Ry &P Wells-Fargo West Maryland Ene Eee Weyman & B Pf Woolworth Weene É. TN An. Mar Open Sepemerae High Onenees Low Eveteeeaeer Pevowsen Alaska State Street Boston & Maine New York Central Great Northern Louisville & Nashville Washington House of Representatives American Y-Ware&n Aes & Gulf Wn Bell Allis-Chalmers ee Co _ ae Eklyn Bhiys Cal’ Gas & Elec Canada Union Pac Inc Chai & Et Eten Fis National Tube Alton Ste U Rity & I B&q Joint Reus Bndwens NY OL S Steel Sf EL Ph Power Colls East Ill Nynh&hevt Apm Oh Faned Beit Des Ikl Egistered Ee C & Gt West Ail & SP Gaiain Wabash 2d Nys&w Fgba Tr Coctis C & Nwn Y Teleph Cri&pgnl Elec CRI Pd Nywabos West Maryland Nest Southern Se Peeaee Eseens West Union BET Beans Socians Norf & W West Vere Cri&p Aras Eee Onnan Ck Lehigh Valley Brooklyn Rapii Transit Chicago Market Avast Booth Fish Is&m Pf Canal & D G'm Edis Ammons Morris Odgen Pn Tool Metal Markets Briday Ulet Cookeon’s London O Salen Puget Sound Traction Light & Power Company Era Company Seattle Electric Seattle-Tacoma Power Co Pacific Criket Power Co Puget Sound Power Co N. W. Harris & Co Transcript Herald Advertiser Post Globe Monitor Journal American Record Money Markets Blue Blok Ork Booth Cedar Talis Colo Mneg Crown Pt Daisy Cain Florence G'fld Bel Fe Jim Butler Iron Bros Little Bell Midway Montana Peete North Star Sil Ky Clin Uncle Am Ll Ns Wilbert Alta Eee Philadelpi Bia Am Cement OnTr ElCo H&b T Lk Sp Cor Lo&n Mat Do Tre Leb Valley Pa Steel Phila Co United Fruit
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