United Fruit Financing and Dividend Policy Analyzed
An editor's note reviews United Fruit Companys 8 percent dividend against rising assets and four years of 10 percent stock dividends. It explains why the rights to subscribe at 150 were valuable and how asset growth outpaced new share issuance, supporting continued extra dividends despite higher stock prices.
MENTIONED IN THIS ARTICLE
United Fruit Company
Nore
Markets Evidence Firm Undercurrent in Yesterday's Trading
Market summaries show total yesterday sales in New York 213200 shares and Boston 13481 shares with Union Pacific the most active in New York at 33300 and Butte & Superior in Boston at 1915. Year to date totals: New York 1283200 shares, Boston 108594. year-ago figures: New York 1946200, Boston 215343. Major gains and losses include Railway Steel Spring pref rising 658 and Western Maryland pref down 512. N E Tel & Tel leads Boston gains while Union Pacific falls. Call money in New York at 2 1 2 to 3 percent. Boston 5 1 2 to 6 percent. Time money ranges New York 4 1 2 to 5 percent. Boston 5 1 2 to 6 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Union Pacific
Butte & Superior
Railway Steel Spring
Maryland
N. E. Tel. & Tel
Dividend Notice UNITED FRUIT COMPANY DIVIDEND NO 54
A quarterly dividend of two per cent on the capital stock of this company had been declared, payable January 15th, 1913, at the office of the treasurer, 131 State Street, Boston, Mass., to stockholders of record at the close of business December 24th, 1912. CHARLES A. HUBBARD, Treasurer.
MENTIONED IN THIS ARTICLE
State Street
Boston
Mass
Charles A. Hubbard
Public Service Investment Company
Stone & Webster
Nevada Douglas Copper CO
Milk St
Cotton Markets Dip as Prices Slump in Local Trade
Today's cotton market was dull and easier with early steadiness fading into weakness in the second hour. March and May prices slipped below yesterday's close while Liverpool stayed relatively steady on stronger spot sentiment. The census cotton ginned by Jan 1 is expected near 12.9 million bales and the New Orleans market closes tomorrow for the Battle of New Orleans anniversary.
MENTIONED IN THIS ARTICLE
Liverpool
New Orleans
Census Bureau
Stock Market Rises Amid Mixed Day of Trading in New York
The New York Stock Exchange saw prices creep higher on a dull trading day. Harriman interests boosted Union Pacific and Southern Pacific, while Western Maryland preferred fell sharply and Beet Sugar hit a new low since 1910. Bond demand grew modestly with total sales at 2.59 million dollars.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Standard
Supreme Court
Harriman
Union Pacific
Southern Pacific
Maryland
United States
Local Market Opens Bullish on Copper and Industrials
Boston Jan 7 moderate local market trading showed support for prices with a bullish tilt. Copper at 17 3-4 cents supported by anticipated spring demand and European buying, Amalgamated rising to 79 1-4, Butte & Superior steady, Granby up to 71 1-2, Boston Elevated rights 70–75 cents, United Fruit at 182. Closing tone firm as volume faded.
MENTIONED IN THIS ARTICLE
Boston
Amalgamated
New York
Butte & Superior
Granby
United Fruit
Boston curb prices on Mexican Metals lead trading drift
The curb exchange saw Mexican Metals climb and fall with a closing at 33 16. Butte Central held near 8, Alaska Gold around 14, and Smokey Development traded between 8 8 8 and 8 1 2. Calaveras Copper touched 8 11 16 its best in over two years, Nevada Douglas active near 9 3 4. Other notable issues included Bay State Gas First National Lion Hill and Verde Extension.
MENTIONED IN THIS ARTICLE
Butte Central
Alaska
Smokey
Calaveras Copper
Nevada
Douglas
Bay State Gas
First National
Lion Hill
Verde
Boston Ely
Butte & London
Calaveras
Chief
Cortez
United Verde
Yukon
Studebaker
Texas Land Tr
Texas Pacific
the Texas Co
Union Pacific
Utah Co
City and state bond bids sought for various loans
Chicopee mass bids due Jan 10 for 60000 temporary loan maturing Nov 16 1913 Albany ny bids due Jan 22 for 516000 41 2 per cent bonds 500000 80 year state street improvement 200000 120 year serial high school 16000 serial bonds H Nason co to buy 500000 american public utilities 80 year 6 per cent bonds public subscription at about 512 per cent Cleveland oh bids due Jan 30 for 2000000 4 per cent library bonds Minneapolis St Louis pay off 4000000 5 per cent secured notes Feb 1 1913 with new notes Feb 1 1914 6 per cent notes bonus 15 per 1000 notes for tension deposit with Speyer co by Jan 24 Worcester ma temporary loan 15000000 due Oct 17 1913 Estabrook co other bids Blake bros co F 58 Moseley co Qd4 Colony Trust co Bond Goodwin.
MENTIONED IN THIS ARTICLE
Albany
N. Y
American Public Utilities Company
Minneapolis
St. Louis
Central Trust Company
New York
Speyer & Co
Worcester
Mass
Estabrook & Co
Blake Bros. & Co. F. 58
Moseley & Co
Qd4
Colony Trust Company
Bond & Goodwin
Market Dullness Mixed as Copper Stocks Rise and Fall
Southern Pacific and Union Pacific recover from prior slump while a court may ease distribution of SP stock. Copper shares face mixed signals as December output nears, Calumet & Hecla production falls, and porphyry copper groups influence market strength. Miami Copper adopts 60 cent quarterly dividend.
Chicago Market Bid and Ask Prices for Various Securities
A listed set of bid and ask figures for bonds and stocks from Chicago markets, including names such as Bh Fish, Chi Subw, Pneu Tool, Chi Tel, and Rys, with prices and percentages like 54 58, 66 69, 144 145, and 101% 101%. The sequence covers utility, railway, steel, and commodity issues, reflecting a snapshot of market activity and quotes.
MENTIONED IN THIS ARTICLE
Ca & Dock
Ci Rys
Com Edis
el Sei
Do Pf
Ti & Tr
Pneu Tool
H S&m
Ll Brick
Nat Carbon
W Stone
Public Service Investment Co quarterly stock details
Stone and Webster notes a quarterly 1.50 pref dividend and a semi annual 2.00 common dividend payable Feb 1 to stock of record Jan.
MENTIONED IN THIS ARTICLE
Public Service Investment Company
Stone & Webster
Philadelphia Market Snapshot for Steel and Cement Prices
Philadelphia market notes show cement at 40 percent, steel at 52, asphalt at 42, and related commodities with various percentages. Stocks include LeC&N trading around 92, Pa Steel near 50, and Teh Wall at 83, with miscellaneous fractions and par values.
MENTIONED IN THIS ARTICLE
Ies Cement
Metal Market Quiet as Trading Winds Down at Exchange
The metal exchange shows a quiet session with bids and asks listed across copper, lead, tin, and spelter for current, January, February, and March contracts. London market closes with copper at £76 7s 6d and tin at £229 per ton, reflecting modest shifts.
MENTIONED IN THIS ARTICLE
Cookson
London
New York Banks Strained as Overtime Slashes Pay
Money floods into New York banks as clerks work past hours to handle redemption. Treasury staff faces heavy strain with emplaced entries of United States notes gold and silver certificates. Currency arrives from the Middle West and South.
MENTIONED IN THIS ARTICLE
New York
Treasury
United States
Middle West
South
Calendar for Today Ex-Dividend Notes and Meetings
Ex dividend details show Associated Merchants preferred stock at 11-4 percent plus 1 percent and 24 preferred at 11-2 percent plus 1 percent. Daly-West Magazine 15 cents Tennessee Copper 11-2. U S Industrial Alcohol preferred 18-4 percent. Meetings listed for Little Schuylkill Navigation and R R & Coal Co Savannah Electric Pittsburg Ft Wayne & Chicago Tonopah Mining of Nevada.
MENTIONED IN THIS ARTICLE
Associated Merchants
Daly-West Mag
Tennessee
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lIncrease
Merchants Heat & Light Co
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Undertone
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J.k.rice, Jr. & Co
Hanover
Wall St
American Telephone & Telegraph Co
William R. Driver
Eee
Igh Sihdaddaroees
Ee Eeeer
Pe Gehts
I. Spots
Greenfield Tap and Die Corp
N. H
Conn
U. S. Metal Products Co
Hartley Silk Manufacturing
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Milk Street
First Nat. Bank Bldg
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el Rcts T Pd
Richbur
Giroux
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Greene An Steer
Indiana
Island Creek Pf
Isle Roya
Setae
Ol Dominion
Osceola Ee
Pennsylvania
Ullman
Shannon See
Union Pac
United Shoe
U S Smelting
U S Smelling
US Steel
Uteel Pf
Utah Apex
Utah Consol
Utah Cop Co
West
West End of
Wolverine Ee
Wyandotag
Bs&f
Ohio Pt
Bklyn R
Cal Pet Corp
Erie
Goodrich
C &Mpf
Kan C OU Neon
Lly
Kresge Co Heese
Lackawan Steel
Lehigh Alley
Mex Pet Co
Miami
Nat E & G
Neva Co
NY Air
Nor & West
Braden Copper
British Am O
el Paso Eeewanee
Giroux Eaveouceee
Greene Cananea
Kerr Lake
Rosie
Nevada Hills
Nipissing
Stand Oil NJ
Mast Se
Tuolumne
Yukon Gold
Brad Copper
Chicopee
Cleveland
Boston Stocks
B&q
Ag Ch
Amoskeag Pf
Atchison
Atl Gulf
Bos& Ang
Bos & Maine
Congressional Committee
Granger
St. Paul
Great Northern
Minnesota
Calumet
Calumet & Hecla
Lode
Wickersham
Standard Oil and Tobacco
William F. Bartholomew
Thompson, Towle & Co
Lake Superior
Miami Copper Company
Allis-Chalmers
Baltto
Balt&o
Seere
Eeeae
Peweee
Beenee
Rs Ooa
Our
Sereee
Vyw&bos
Peere
Sstlim& S Riv & Gulf Dig
Oneva Es
Ie Ae Seicia
Pee G&c
Steck
Bklyn QC
Ween Beay
Ads
Buffalo & Sus
Cal Gas
Elec
Air
Nassau
Air Bert
Ener Ingeit “& M
Der
Orillard
Serene Lorillard
Seaee Ea
Mobile & O
Mil&St P
Tssteer
C & Nwn
St L& West
Wae
CO & Nwn
Tri
City
Bn & Power R
Ulster & Ee
Union
Ool & Bo Mg
I Peeees
Cuban Am
del & Hudert
de & Hudrig
den & RG
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Chicago Market
Arm
Ch Tel
Morris
Ogd Gas
Pn Tool
E. H. Rollins & Sons Investment
Philadelphia
Denver
San Francisco
Los Angeles
Philadelphia Market
Phila Co
Metal Markets
Enews
Emeree
Dee
High Point
Low Point
E.- Red
Little Schuylkill
R. R. & Coal Co
Savannah
Pitts. Ft
Waynes & Chic., Ltd
Tonopah Mining of
Hunt, Ellis & Go Bankers & Brokers
Consolidated Stock Exchange of
Broad Street
American Woolen Atchison
American Beet Sugar
Coppers