Declining Tendency in Prices Exhibit A
Total sales New York 258900 shares Boston 19099 shares. Most active issue in New York Steel Common 69200 shares. Most active issue in Boston Steel Common 3592 shares. Total sales Jan 1 1913 to date New York 6446700 shares Boston 530129 shares. Corresponding period last year New York 7485700 shares Boston 955286 shares. Greatest gain in New York list Wisconsin Central 134 to 48. Greatest loss in New York list Adams Express 1934 to 145. Greatest gain in Boston list Georgia Blec Pres 134 to 1243-4. Greatest loss in Boston list Ahmeek Mining 10 to 300. Call money In New York 2 to 23-4 percent in Boston 3 to 4 percent. Time money In New York 33-4 to 41-4 percent in Boston 4 to 5 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Wisconsin Central
Adams Express
Georgia Blec Pres
Ahmeek Mining
Time Money
Turbulent New York stock market amid global tensions
The New York stock market opened in a somber mood as Turkish upheaval and unsettled foreign markets pulled all stock groups lower. A severe Illinois Central drop of six points to 121 sparked fears over its dividend, while London and Berlin selling pressured prices. Net gold withdrawals exceeded 45 million, with a projected interior cash gain offset by foreign selling and irregular bonds.
MENTIONED IN THIS ARTICLE
New York
Turkey
London
Wall Street
Illinois Central
Union Pacific
Berlin Direct
Cancadian Pacific
South America
U. S
Grain Markets Mixed as Balkan Turmoil Fails to Move Prices
European wheat markets stayed mostly quiet with slight gains as war troubles lingered. May corn rallied from lows to 52 1 4 cents. oats firm 14 to 44 cents higher. Paris and Berlin grain varied with mixed signals. Chicago cash wheat sold to millers. export sales totaled 96 000 wheat and 128 000 corn.
MENTIONED IN THIS ARTICLE
Liverpool
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
Dividend Notice for Sierra Pacific Preferred Stock
The Sierra Pacific Electric Company declares a quarterly preferred dividend of 1.50 per share payable on April 1 1918 to stockholders of record at the close of business January 22 1918. Stone & Webster serve as transfer agents.
MENTIONED IN THIS ARTICLE
State of Nevada
Sierra Pacific Electric Company
Stone & Webster
Copper market shows bearish tone amid London quotes
The Boston market reports a bear shift as copper prices slide on London quotations and Amalgamated’s move. Major losses come from Butte & Superior and Calumet & Arizona while Telephone rights see brisk activity at 75 to 73 cents. Domestic copper remains firm though deliveries into March loom as producers venturing into longer hedges.
MENTIONED IN THIS ARTICLE
Boston
London
Amalgamated
New York
Butte & Superior
Calumet & Arizona
Mohawk
Superior
Indiana
Utah
East Butte
Shattuck Arizona
Ex dividend and stock terms noted on market brief
Ex dividend noted with when issued. Total sales include 19 099 shares bonds valued at 14 000 rights 14 314 and fractions 459.
Boston curb market mixed with gains and declines in mining shares
The curb market showed a dull session with Corbin Copper, Butte Central, United Verde Extension, and Mexican Metals. Corbin Copper moved from 36 to 28 cents, then to 34 cents, closing at 382 cents. Mexican Metals slid to 17-8 from an opening 23-16, near its low after peaking at 4 dollars previously. Butte Central held near 8 dollars, Verde Extension rose from 78 cents to 89 cents, finalizing at its peak.
MENTIONED IN THIS ARTICLE
Corbin Copper
Butte Central
United Verde Extension
Verde Extension
Alaska
Davis Daly
Germany
Laramie Wee
South Lake
Money Markets Hold Steady After Argentina Gold Deal
The money markets show a calm tone as Argentina’s first gold engagement is announced. Cash in New York sits at 23-4 percent with time funds ranging from 31-2 to 41-4 percent across 60 days to six months. Foreign exchange prices climb to year highs amid bank losses from gold export operations.
MENTIONED IN THIS ARTICLE
Argentina
New York
Eescreve
Boston
Bankers Sterling
Reichsmarks Sete
Illinois Central Breaks Sharply in Loss Fear at Directors Meeting
Illinois Central fell six points to 121 amid fear of a dividend cut at the directors meeting set for Wednesday January 29. The line posted a large deficit for the year ended June 30 1912 and slim potential surplus for the current year.
MENTIONED IN THIS ARTICLE
Illinois Central
Harriman
Boston & Maine
Pennsylvania
Bond Market Steady Inactive With Major Deals In Select Issues
The market shows a steady but inactive tone with principal activity centered in Baltimore & Ohio and St Paul convertibles and Wabash 4s. The report lists closing prices for United States Government bonds and a wide array of corporate issues, noting the day’s total sales and year-to-date comparisons. It also features an extended interview with Mr. James Vail discussing Bell Telephone and Western Union, public utility regulation, and the merits of private versus government ownership.
MENTIONED IN THIS ARTICLE
United States Rubber Company
Baltimore & Ohio
St. Paul
Mr. Vail
J. P. Morgan
Bell Telephone
Western Union Telegraph Systems
New York
Bell
United States
Bell System
Postoffice
Western Union
Income Tax and Bell System Reform Voices
A historian’s excerpt debates a graduated income tax targeting high incomes as fair and efficient. It contrasts private versus government efficiency, praising profit sharing limits and worker incentives, then argues against federal incorporation and supports local Bell system management for rural service and lower rates.
MENTIONED IN THIS ARTICLE
Mr. Vail
Sys
Public debate on commissions and tax reform in New England
The discussion covers a single public utility commission for the Commonwealth, its staffing, and public trust. Mr. Vail advocates an appointive system, support for an income tax, and broad taxation fairness while praising telephone regulation and urging citizen confidence in commissions. He highlights New England’s awakening, farm education, and a village agricultural school producing skilled workers.
Cotton Markets Rally on Bullish Weekend Figures
The cotton market showed active trading with rallying power as weekend bullish figures supported gains. Liverpool cables were weak due to Balkan tensions, with spots down 20 English points. Local market opened about 14 points lower but lead buying steadied prices, forcing shorts to cover and lifting March options.
MENTIONED IN THIS ARTICLE
Liverpool
Metal Market Update Shows Copper and Tin Ease
Copper drifted lower with slight softness in tin while lead and spelter stayed near steady. London closes report copper at £69 5s spot with futures £69 10s and modest losses. tin at £225 15s spot with futures £22 159s, sales volumes noted.
MENTIONED IN THIS ARTICLE
Tim
Cookson’s
London
Old Colony Copper Finds Deepens at Mayflower Lode
The Old Colony Copper Company struck the Mayflower lode at 1063 feet and continued to 1102 feet with fine mineralized copper. East Butte produced 1,316,962 pounds of copper in December, bringing 1912 total to 14,747,086 pounds.
MENTIONED IN THIS ARTICLE
Old Colony Copper Company
East Butte
Vail Supports Income Tax Policy
Vail backs a form of taxation as fair to both rich and poor. The proposal argues for income-based taxation as a just system.
MENTIONED IN THIS ARTICLE
Theodore N. Vail
American Telephone& Telegraph Company
The Advantages of Government Control
Theodore N. Vail argues in the Post that government control brings advantages of ownership and public partnership, protecting the community and individuals from corporate discrimination or rapacity. He says regulation yields government-like benefits and public interest in corporate affairs.
MENTIONED IN THIS ARTICLE
Theodore N. Vail
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