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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 15, 1913
Page
14
An editorial analyzes copper price decline from 17 3 4 to 17 1 4 cents per pound and a rising world and American supply. It argues the drop reflects a temporary market readjustment despite strong production, with copper shares trading near historic lows as demand broadly supports the metal.
The Electric Light and Power Company serving a city of about 250000 offers the first mortgage bonds. Reported cash cost of the property exceeds 1.5 times par and net earnings run over 2.25 times interest. Denominations include 100 500 and 1000, marketed as a safe principal with adequate income.
A romantic tale by Owen Oliver is slated for the upcoming Post Magazine issue. The feature promises a warm narrative of love and destiny set within a thoughtfully crafted period voice.
Stocks show continued bear movement with New York and Boston activity. Notable declines include General Chemical and Ahmeek Mining while gains appear for Mexican Petroleum and Gen Electric prof. Call money rises in both cities with time rates firming.
The bear drive continued with widespread lower quotations and abrupt declines across departments. Liquidation increased and trading focused on loan crowd demand as politics and potential Balkan hostilities weighed on stocks. Copper, steel, Reading and Union Pacific fell while American Tobacco dropped sharply. bonds showed moderate heaviness with $2,301,000 par value in sales.
The New York market shows mixed activity with limited data for Indiana Steel, Brad Copper, West Pac and related bonds. Trading volumes listed include 18,000 and 25,000 shares with price quotes hovering around the 87 to 179 range in a restrained session.
In Boston on January 14 the local market showed a slight volume drop and a reactionary price trend. Copper stocks fell to a new low average of 39.90, with leaders like Amalgamated, Isle Royale, Lake Copper, Mayflower, North Butte, and Copper Range among those selling heavily while overall tone remained weak at close.
Sun day West readers will receive a singing lesson next Sunday in the series by the world’s greatest singers. Frieda Hempel the renowned soprano is featured as the instructor for that edition.
Boston curb reports show Mexican Metals Alaska Gold Majestic First National Butte Central and Boston Ely as yesterday’s featured items with prices holding firm. Detailed fluctuations follow: Official Sales.
The text presents miscellaneous financial figures including percentages and totals for various items and a fashion note indicating the latest tunic styles are illustrated in colors in next Sunday's Post. It references quantities such as 2,591,000 and comparisons to prior periods, plus notes on tobacco, gas, and North West Shore.
The market shows supply outpacing demand and light turnover. Foreign exchange dips slightly as talks for sizable gold shipments to South America begin. In New York, call money steadied at 2 3 8 4 percent, time money unchanged across 60 days to six months at about 4 to 4 1 2 percent.
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