Markets Regain Lost Ground In Early 1912 Trading
Summary of stock activity shows New York and Boston gains. Total shares traded January 1 to date: New York 3,265,400 and Boston 446,995, with year over year comparisons. Notable moves include General Electric up in New York and N E Tel & Tel up in Boston, while Am Agrichem pref falls. Seattle Electric and Calumet & Hecla drop in Boston. Call money and time money rates edge higher in both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Mass
Elec
General Electric
Am. Agri. Chem. Pref
N. E. Tel
Tel
Seattle Electric
Calumet & Hecla
Ta L Call Money
Time Money
Boston Sub-Treasury
Market After Tuesday Slide Shows Slow Recovery In Steel and Related Stocks
Prices recovered yesterday after a sharp Tuesday decline with Union Pacific up 2, Lehigh Valley 2 1 4, and Readings and Steel higher by over 1. Experts cite technical weakness and over-bought conditions as causes. Steel Corp’s December unfilled tonnage rose to 912,800, yet market response was muted. Copper stocks remain solid with Lake issues and Wyandot boosted by ongoing demand. Industrial leaders like Steel Common and American Telephone posted gains as ex dividend status and fees noted.
MENTIONED IN THIS ARTICLE
Union Pacific
Lehigh Valley
Steel
Steel Corporation
Wyandot
Steel Common
Local Market Shows Improved Tone In Copper Stocks
Local market activity yesterday was lighter than Tuesday but more confident with Mayflower and Old Colony leading gains. New York traders joined in takings profits from the copper boom, as Mayflower and Old Colony benefited from drill results boosting buying orders and sharp price advances.
MENTIONED IN THIS ARTICLE
Mayflower
Old Colony
New York
Hich
AT&T Declares Dividend For Stockholders Of Record
American Telephone and Telegraph Co announces a dividend of two dollars per share payable on Monday January 15 1912 to stockholders of record at the close of business Saturday December 30 1911. Treasurer William R Driver signs the notice with a list of minor business mentions and advertisements.
MENTIONED IN THIS ARTICLE
Massachusetts
Henry C. French
American Telephone & Telegraph Co
William R, Driver
Boston Curb Market Prices Fluctuate in Session
United Verde Extension attracted new financing interest and moved from 9 percent to 77 cents then 7 cents before closing at 6 cents. Bohemia set a yearly high at 4 dollars while Oneco reached 3.50. Ely Consolidated Rhode Island Coal Calaveras Bay State Gas and Porcupine Northern were noted as additional features.
MENTIONED IN THIS ARTICLE
United Verde
Bohemia
Oneco
Ely Consolidated
Rhode Island Coal
Calaveras
Bay State Gas
Porcupine Northern
Bay State
Bingham
Corbin
Cortez
Davis Daly
Eee Ee
East Dome
Ereee
Ely Consol
First National
Goldfield Consol
Houghton Ee
McKinley
Ohio
Pond Creek
South Lake
South
Miami
Bank and business leaders re-elected and hires noted
At the State National Bank annual meeting directors were re-elected Edward Aspinwall and E E Thayer joined the John Burnham Company W G Rice of Superior and Boston Copper Company visiting E A Wilkins leaves Boston American William H Ross named financial editor At American Trust Company annual meeting directors re-elected Charles F Adams added to board Auction sales features Naumkeag Steam Cotton Old Colony Trust Bigelow Carpet Waltham Watch Co trading values cited
MENTIONED IN THIS ARTICLE
The
State National Bank
E. A. Wilkins
Boston American
William H. Ross
American Trust Company
Charles F. Adams
Naumkeag
Old Colony Trust
Bigelow Carpet
Waltham Watch Ptd
Bond market notes on IH mid-term notes sale
International Harvester directors sold 20 million dollars of three year notes at five percent to J P Morgan and Co with four Chicago banks already agreeing to take 5 million. Marlboro made a 60 thousand dollar temporary loan to Old Colony Trust at 3.17 percent discount plus 35 cents premium. Boston city bids due January 1 percent noon for 500 thousand four percent rapid transit bonds for Dorchester tunnel and East Boston tunnel extension.
MENTIONED IN THIS ARTICLE
Nor & West
Nor Pac
West T & Nbs
Oregon
ABS
Puget Sound
Cece
N'Y & Wees
Rep Iron & S
Old Colony
See
U Ees
Union Pacific
Sue Srow Go
West End
Seaboard Air Line
So Pac
Cen Pac Fund
Epieiak
Allouez
Texas Cocon Ee
Gatalpa
Seeeereee
el Ry
Speers
Union Pac
Elm River
Do Ag
Aleve Cites We Cnieles
Franklin Eecevesenee
la Salle Aee
J. Thomas Reinhardt
Devon
Michigan
Shire St
Boston
Broad St
New York
King St. West
Toronto
Nevada
Smelt & Amy
Studry
West Maryland
Goldfields
Nipissing North Butte
Westinghie
West Shore
Wiscon Cent
Dominion
Dobie
Foley-O’ Brien
Gold Reef
Great Northern
Ene Es Caseese
Trinity Ever
Ontario
Eeeereneseene
Utah
Baltio
Hye
Victoria Utah Cop Co
Beth Stee
Eer Ee
A Nak
Edison
Inter-Met
Georgia
McElwain
Mergenthaler
Louis Nash
Pull Co
Lehigh Valley
Reece
Hole
Ie Ee
Seattle
Miami
Swift & Co
Copees
K . Eee
Torrington
Union Land Eeersee
United Fruit
United Shoe Eoene
US Steel
Eeeere
Nat
South Ry
Sup & Bos
Apex
U S
U S Steel
Virg Ry & P
Wabash
West Union
Westinghouse
Wis Central Soca
International Harvester Company
J. P. Morgan & Co
Chicago
Marlboro
Old Colony Trust Company
Slattery
City of
Adams Express Co
Allis Chalmes
Ann Arbor
Am Tobacco Et
eSr & S
Ee AC Line
Cent Pac
Chic & New m PR
Cri&p
A Distillers Sec
Erie
Interbor
Inter Met
Kanawha & Mich
Kan City South
Lake Rae
Milwaukee Gas
Mo Pacific Conv
Y Telephone
Calendar For Today Dividends Payable And Book Closings
Reading second preferred at 1 percent payable. Books close for mortgage at Chicago Junction Railway and Union Stock Yards and Detroit United Railway. Books open for dividend at Atlantic Coast Line Railroad common and Northern Securities. Savannah Electric for mortgage. Meeting H B Claflin Company.
MENTIONED IN THIS ARTICLE
Chicago Junction Railway & Union Stock Yards
Detroit United Railway
Atlantic Coast Line Railroad
Northern Securities
Savannah Electric
Meeting
Dividends Declared by Rail and Finance Firms
Nashville Chattanooga and St. Louis By. Co. declares a semi annual dividend of 3 percent with books closing January 20 and reopening February 4. McCrum Howell Co. declares a quarterly dividend of 13 4 percent on preferred stock with books closing January 25 and reopening February 2.
MENTIONED IN THIS ARTICLE
Nashville, Chattanooga & St. Louis
By. Co
McCrum-Howell Co
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Braden
Charles A. Stoneham & Co
State Street
New York City
William E. Soule
Inblens
Bid Ask
Am Real Estate
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Canton
New Philadelphia
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Hudson Riv
Indiana
Col & East
Pere Marquette
Syr & BE
U_S_ Envy
Porcupine Cobalt
J. Thomas Reinhardt Mining
Devonshire St
King St. W
the Associated Trust
Boston Real Estate
Milk
Massachusetts Gas Companies
Porcupine Cons
el Favor
Jamaica
Columbian
Edward Aspinwall
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E. Thayer
John Burnham Company
W. G. Rice
Superior & Boston Copper Company
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Howard
Jim
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Eddie
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Pink of Perfection
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Frohm
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Eee
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Eens aGyracuse Rapid Transit
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Eeeger
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Sat
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