Bond Market Notes and Bond Sales Roundup
Lowell bids due Jan 28 for a 200000 loan. Pennsylvania Railroad sells 93 980 60 6% first mortgage bonds to Kuhn Loeb. Worcester awards 280000 in various 4 ¼ to 5% bonds. Leach Adams jointly issue 50000 water sewer and land damage bonds. Numerous firms named as bidders. New York state bonds 51 million 4 ½% sold. Interboro Rapid Transit 30 million 5% bonds sold. syndicate dissolved.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
Kuhn, Loeb & Co
Allegheny Railroad First
Worcester
Mass
A. B. Leach & Co
Adams & Co
Perry, Coffin & Burr
Estabrook & Co. R
Day & Co
Merrill, Oldham & Co
Curtis & Anger
Blodger & Co
White, Weld
Lee
Hizzinson & Co
Blake Bros
Kinsley & Adams
Mee, Higginson & Co
N. W. Harris & Co
Kissell, Kinnicutt & Co
Interboro Rapid Transit
Wm. A. Read & Co
New York State
City of
Tokyo
Cb&q
Cate
P & Ql
Adams Express
Tits& M
Alb & Susq
KC Wiehe
Fis& M
Am ‘Ag
Chem
Rees
Kan City
Mil & St
T&t
Liggett & x
Mil & St P de Liggett & Me
Ann ‘Arbor
Cri&p
ORIG
Manhattan
At&s
AT & Seft
Vas
Sega
USA
Mket Wits
Gol Laden
Iad
Mo_ Pac
Montreal
Nassau Elec
Balt & O
Beech Creek
Beth Steel
Distillers
C $S Aly
Dock
NY Gos
Bowens Ee
Siren & Power Om
du Pont Par
NYNH
Vines
Erie
Peewee 78 Tere Eeeewe Rwys Adj 5S Cen Pacific
Klee
Wits
Ory
Seenee
Iawa
Bos
Ieee
Dividend Declarations From Multiple Companies
Souiler Bros declares regular annual ten percent plus an extra two and one half percent payable February 1 to stock on record. Columbus Gas & Fuel declares quarterly one percent on common, up half a percent, payable March 1. Monarch Knitting pays regular quarterly thirteen and four tenths percent on preferred stock February 1. Have Mills declares quarterly eleven and two tenths percent, up from four to five percent annually, payable February 2. Southern California Edison declares regular quarterly one dollar and fifty cents on common, payable February 15 to holders of record January 31.
MENTIONED IN THIS ARTICLE
Souiler Bros
Sli de Columbus Gas & Fuel Company
Monarch Knitting Company
Southern California Edison Company
Dividend Notice for Three Dollar Semi annual Payment
Dividend No. 48 from Conveyorcers Title Insurance Company at 30 State Street announces a semi annual dividend of three dollars payable February 1. Henry H. Edes, treasurer.
MENTIONED IN THIS ARTICLE
Conveyorcers Title Insurance Company
State Street
Henry H. Edes
Trading Heaviest Since Last June In New York and Boston
Total volume in New York reaches nearly 800000 shares and Boston over 51000 shares as almost the entire list gains. Greene Cananea advances to 42 up nine points in four days.
MENTIONED IN THIS ARTICLE
New York
Boston
Greene Cananea
Markets Report Yesterday's Stock Activity and Rates
New York total sales 792,600 shares and Boston 51,573 shares. Steel led New York with 130,500 shares and Boston with 4,707. Year to date New York 6,603,400 and Boston 413,411. YoY New York 6,187,800 and Boston 511,030. Major gains and losses listed for several issues. Call money flys to 2% in NY and 3% in Boston. Time money ranges 3-5% in both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
St. P
General Chemical
Greene Cananea
United Fruit
Boston & Maine
Edison Electric
New Haven
Alaska
Smelt & R
Tel & & Tel
Realiz
At&s
Goss
At& SF Pf
Atl C Line
Baldwin Loco
Baldwin Tan
Balt Ohio
Beth Steel Eer Nee
Beth Steel Pf
Bklyn Apes Aseveee
Bklyn U Gas Ae
Cal Pet Corp
Cal Pet Corp Pf. Ook
Can Pacific
Case J I Co
Ches & Ohio
Chiesso
Cspmo Eas
China Co
Col FI Bene Peetes
Dl& W
Erie
Goodrich B
Goodrich i
Para
Kan City
Baer
le& W
le& W Pt
Lehigh Valley
Liggett & Mey
Loose-Wiles Co
Louis Nash
Pet Co
New York Stocks Rally Across Markets In Frenzied Trade
Vigorous buying pushed stocks and bonds higher with investment stocks leading gains. The New York State bond issue sale, at 1071 4, sold in under two hours, signaling improved market conditions. International rate cuts and copper trade optimism supported a broad bull mood.
Local Market Rebounds Strongly With Copper Grain Gains
Boston Jan 22 The local market lived up to its exciting potential with heavy breadth and rising copper shares. Greene Cananea climbed from 38 to 42 within four days, aided by dividend expectations and copper metal strength. key movers included Granby North Butte Amalgamated Alaska Copper Telephone Steel and US Smelting as trading ended with a notably strong tone.
MENTIONED IN THIS ARTICLE
Boston
Amalgamated and Steel
Greene Cananea
Granby
North Butte
Amalgamated
Alaska Gold
Telephone
Steel Common
United States
Butte & Ely Extends Note To Giroux Consolidated
Butte & Ely stockholders extend a note for 100000 to Giroux Consolidated and raise interest to 6 percent. Security consists of 227000 shares of Butte & Ely stock. J. J. Flynn Jr named director of the Waltham Trust Company. Nevada Consolidated copper output for December falls slightly from November. Commercial National Bank directors vote to join the new federal reserve system.
MENTIONED IN THIS ARTICLE
Butte & Ely
Giroux Consolidated
J. J. Flynn, Jr
The
Waltham Trust Company
Commercial National Bank
Federal Reserve System
State Street Topics Bull Day Signals Possible New Market Rise
Yesterday saw the largest bull day since last June with up to 800000 shares traded and many issues rising. Steel and Reading led with about 40000 shares traded above 65, hinting at potential for a sustained upmove. Reading showed erratic prices near 111, while the market neared the September high and could mark a new bull phase if momentum continues. The piece also notes Seaboard Air Line earnings, Missouri Kansas Texas comparison, and Inspiration Consolidated’s 600 ton plant and forthcoming stock issue at par.
MENTIONED IN THIS ARTICLE
Nevada
Nc&sl
NY Ont & W
Nor Am
Nor & Wes
Pacific Mail
Pac T & T
I Penn
Peoria & FE
Pitts Coal
Goiz
Bececa
Rock Island
Rumely Co
Seaboard Air L
Sears-Roebuck
South Pacific
OG So Pacific
So Pacific Ct
Uth Ry
Studebaker
Texas Pacific
The
Texas Co
TA Sl& W
Union Pacific
Union Pacific Pf
Uscipef
Steel Scip
Steel
US Steel
Utah Copper
We. Marv
Bears
Seaboard Air Line
Missouri, Kansas & Texas
Inspiration Consolidated
Inspiration
Foreign Bank Rate Cuts Drive Global Bond Market Rally
The Bank of England and Bank of Germany cut discount rates yesterday with England lowering to 41-2 percent and Germany to 41-2, the second Eng land cut since Jan 1 and the third for Germany since last October. France holds at 4 percent as markets react to worldwide easing fueling a surge in bond sales and stock activity.
MENTIONED IN THIS ARTICLE
Bank of England
Bank of Germany
Reischbank
Bank of France
Asone
Harmony Mills Suspends Dividend On Preferred Stock
Harmony Mills, incorporated in 1911 under Massachusetts law, suspends the quarterly dividend on its $1,500,000 7 percent cumulative preferred stock. The Cohoes, New York mill operator with 240000 spindles reported nearly $2,000,000 debt against assets of $772,727 and inventory valued at $609,828. Directors cite profits since organization and a margin to spare, choosing to accumulate a surplus for the quarter.
MENTIONED IN THIS ARTICLE
Harmony Mills
Massachusetts
New York
Cohoes
N. Y
Ade Urged to Enter Indiana Senate Race as Progressive
LaPorte Indiana January 22 A strong push seeks playwright and author George Ade of Brook to run for the United States Senate as a Progressive challenging Democrat Senator B F Shively with Republicans yet unnamed Indiana will use a primary next year to choose Shivelys successor Ade who helped organize a Kentland Progressive convention by hosting a barbecue for 700 supporters may also be nominated for Congress if he declines the Senate bid.
MENTIONED IN THIS ARTICLE
Laporte
Ind
George Ade
Brook
United States
B. F. Shively
Indiana
Shively
Kentland
Ade
Congress
Turks and Bulgars Form Offensive Pact Against Greece
London January 23 reports that Turkey and Bulgaria have concluded an offensive treaty targeting Greece, according to the Vienna correspondent of the Daily Telegraph.
MENTIONED IN THIS ARTICLE
London
Vienna
Daily Telegraph
Turkey
Bulgaria
Greece
Bond Market Shows Strong Turnover On Upward Move
Bond market activity on January 22 was the most pronounced in two years with total sales surpassing any other day. Convertible issues led demand including Southern Pacific Chesapeake and Ohio and American Telephone with Rock Island 4s also strong. The list broadened and new State bonds when issued were quoted.
MENTIONED IN THIS ARTICLE
Southern Pacific
Chesapeake & Ohio
American Telephone
Rock Island
Nickerson Will Filed in Norfolk Probate Court
The will of Amelia W. Nickerson of Dedham, who died in Paris Jan 5, filed yesterday in Norfolk Probate Court. It dated Oct 22, 1913 in New York assigns 1000 to St Pauls Dedham, 500 yearly to Mrs Mary Lindsay, shares to Ruth Nickerson and others, executors C Van Rasseler Cogswell and Richard W. Nickerson. No inventory yet. estate value unknown.
MENTIONED IN THIS ARTICLE
Amelia W. Nickerson
Dedham
Paris
France
Norfolk
New York
St. Paul’s Episcopal Church
Mary B. Lindsay
Ruth Nickerson
Albert T. Nickerson
Albert Lindsay Nickerson
Richard W. Nickerson
William Gifford Nickerson
Agnes Eugenie Cogswell
C. van Rasseler Cogswell
Father of 33 pleads poverty as theft charge drops
In Champaign Illinois police court McDonald Hall, father of 33, asked for clemency after his son was arrested for theft. The charge was reduced to trespassing as Hall, who has seven marriages, explains poverty and large family responsibilities leave him unable to prevent theft for warmth.
MENTIONED IN THIS ARTICLE
Champaign
McDonald Hall
Hall
Also Mentioned on This Page
Associated Trust
Milk Street
American Public Utilities Co
H. L. Nason & CO
Congress St
New England
Our
Brecon, Ce
Cashman
State St
Field & Fay Bonds and Investment Securities
Boston, Mass
Public Utility Securities
Power Co
Dallas
Elec Co
Uw “Pr
Abington & Rockland Cap
River Gas Works Co
Uwe Sewers
Gepeston-Houston
Lowell Elec Lt Corp
Mias River Power Co
North Texas
Public Service Investment Co
Puget Sound
Tok
Railway & Lt Securities Co Cam Sales
Tampa
Elec Ca
S&s d
Lowell
Noy. & Ins
Hom
Bomary, Svi
Kerr Lake
Keweenaw
Lake
la Salle
Teeters
Mason Valley
Mass Gas
Mayflower
Mayflower Asheseee 84 McElwain
Mergenthaler
Miami
Miss Biv Pow Co
Mohawka Dees
New Arcadian
New Englel
NY Y&nh
Nipissing
North Lake
Old Colony
Old Colony RR
Old Dominion
Pond Ork Coal
Oly Og
Pullman Co
Quincy
Ray Consol
Seuss
Reece
Hole
Santa Fe
St Mary's i
Wee
Shannon Eevee
Shattuck-Ariz
So Pacific
Superior Cop
Sup «& Bos
Swift & Co
Tamarack
Trinity
Union Land
Utah Apex
Utah Onsel
Utah Cop Co
Victoria
West End
Winona
Wolverine
Wyandot
New York Market
Reading
U. S
Boston Stocks
T&s
Atl Gulf
West T & T
Allouez
Amoskeag
Arizona
Comphy
Atchison
Gulf of See We
Bos É& Albany
Bos & Maine
Bos & Maine Pf
Butte Bal
Bute & Sup
Cal& Arizona
Cal & Heels
Centennia
Chino Treet
Pacific Telephone & Telegraph Co
Chicago
Bay State
Boston & Corbin
Buffalo Se
Butte & London
Strom Dew Calaveras
Crown Reserve
Fagle & Bl
Nat'l
Flor Goldfield
Goldfield
Io Inwest
Yukon
Boston & Mont
Kerr Lake Uv
Manhattan Tran
Mason Valey
Nevada Hills
Stewart
Money Markets
New York Funds
Wien
York
Oy &G
Minneapolis
Duluth
St. Louis
Liverpool
Inspiration’s
Boston Stock Exchange
Chicago Market
Stock Exchange
Svlodue & Udiv
Eacal
Texas & P Ist
Booth Fisheries Seteeser
Canal & Dock
Chicago City Railways
Edison
Esau
Chicago Elevated Railway
Chicago Title & Trust
Chicago Railways
Vw Swift & Co
Wees
Union
West Stone
Haan
Armour
Sweer
Morris
Ogden Gas
South Side
Eaves
Es Sescateldes
del & H
Lorillard Co
Most & W
St FM & M
Norf & W
Tees
Etheee
Eeuwee
Eees
Aethene
Ee Pacific
Air i
Pacific
Succes Ag
US Naess
S Steel Sf
Pacific T& Tr
Penn
Seeres
Trust Co Etfs
M&s
Maryldee
West Shore St
West St
Oates
Tri City
M&m
Union Pac i
Wisconsin
Philadelphia Market
Am Rys
BE & P
Lehigh
Lehigh Vy Ae
Penn Salt
Phila Co
Nickerson