St Paul Reduces Dividend One Hundred Five Percent
Stock market update notes St Paul cuts dividend by 105 percent and lists trading activity across New York and Boston. Reading leads New York with 57,200 shares as most active. East Boston Land tops Boston with 5,725 shares. Jan 1 1912 to date totals show New York 7,726,500 and Boston 1,002,193 shares. Notable moves include American Tobacco up 10 to 260 in New York and Detroit United Railway down 10 to 64. Chicago Junction pref up 2 to 111 in Boston and Minn Gen Elec down 21 percent to 127 in Boston. Call money in New York 2 percent, in Boston 2 percent. Time money in New York 2 1/2 to 3 percent, in Boston 3 to 4 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Boston Land
American Tobacco
Detroit United Railway
Chicago
Minn. Gen. Elec
Atchison
Bos & Albany
Bos & Maine
Fitchburg
NY &Wn i
Rutland
Union Pacific
West End
Butte Coalition Bi
Cal & Arizona
Cal &Tecla
Centennial
Copper Elm River Range
Hale
Salle
Nevada
Smelt & R
Ate&sf
Ealt Ohio
Bklyn U
Ohio
Cm&s P
Bea
Dupont
Erie
Lehigh Valley
Liggett & Meyers
Jorillard Co
Mackay
Miami
St Paul dividend cut seen as priced in to market
Analysts note prices held near steady after a dividend reduction to 5 percent and view the move as discounted. Trading slowed after an early surge, with volume shrinking to a minimum as investors wait for broader signals.
MENTIONED IN THIS ARTICLE
Consolidated Arizona
Rhode Island Coal
Chief
Porcupine Southern
Davis- Daly
Nevada-Douglas
Calaveras
Nevada
Utah
Porcupine Northern
Local Market Update on East Boston Land and Copper Stocks
The East Boston Land stock rose to 15 dollars per share amid high land valuations and strong selling activity last season, with land sales averaging 31 cents per square foot. Old Dominion reports an optimistic outlook from President Smith, noting two years of ore supply remaining, expanding mining levels from 200 to 1400 feet, high grade copper near 10 percent, and anticipated costs not exceeding nine cents per pound.
MENTIONED IN THIS ARTICLE
East Boston
Wollaston
Prospect
Mayflower
Old Colony
Hancock
Chino
East Butte
Old Dominion
Smith
American Glue President Named Sealshipt Director
Jesse P. Lyman, president of the American Glue Company, is elected a director of the Sealshipt Oyster System. United States Smelting, Refining & Mining Co plans an expansion in Mexico with Real del Monte valued at 2.5 million dollars yielding about 10 million ounces of silver annually. The firm opens Mexico City offices to support a campaign of property data. C. W. Van Law and E. Ordonez will manage Mexican operations. Allen Arnold & Co issues a leaflet on non producing copper, complementing a prior copper leaflet.
MENTIONED IN THIS ARTICLE
Jesse P. Lyman
The
American Glue Company
United States
Mexico
C. W. van Law
Real del Monte Company
E. Ordonez
Humboldt Smelter
Humboldt Smelter Mines
Arizona
Boston
Northern Pacific Railroad
Stock Exchange
Bond Market Notes in Chicopee and Medford
Chicopee Massachusetts will accept bids until January 31 for eight thousand dollars of four per cent fire department bonds dated November 1 1911 and maturing two thousand dollars yearly from 1912 through 1945. Medford Massachusetts seeks bids until January 29 for a temporary loan of fifty thousand dollars maturing November 12.
MENTIONED IN THIS ARTICLE
Chicopee
Mass
Fire Department
Medford
Calendar for today ex dividend list of stocks
Ex dividend notices include Am Beet Sugar common Am Sm Sec preferred A and B J G Brill Co preferred Consolidation Coal Federal Sugar Ref common and preferred Parrot Silver Copper Pope Mfg common and preferred Books Open Boston Land Co for manufacturing Chic Pa Tool for dividend Du Pont de Nemours for dividend Homestake for dividend Mines Co of America for dividend Meeting Brooklyn Rapid Transit.
MENTIONED IN THIS ARTICLE
Amalgamated Copper
American Beet Sugar
Common
American Sm. Sec
A. & B. J. G. Brill Co
Consolidation Coal
Fed
Sugar Ref
Parrot Silver & Copper
Pope Mfg
Com
Boston Land Co
Chic. Pa. Tool
du Pont de Nem
Homestake Mag
Mines Co. of Am
Dividends Declared by Major Corporations
Listings of quarterly and semi annual dividend declarations from National Lead Company Electric Bond and Share Consolidated Gas Boston Manufacturing Union Cotton Sagamore Manufacturing Hood Rubber Norfolk and Western Casein Company with per cent rates payment dates and book close and record dates.
MENTIONED IN THIS ARTICLE
National Lead Company
Electric Bond & Share Company
Consolidated Gas Company
New York
Boston Manufacturing Company
Union Cotton Manufacturing Company
Sagamore Manufacturing Company
Hood Rubber Company
Norfolk & Western Railway Company
Casein Company of America
Summer Ball or None at Rockefeller's Chicago University
The piece argues that amateur players should not chase summer earnings, but Chicago University must allow summer money makers to gather funds or risk losing baseball at the school. It stresses the tension between keeping amateur ideals and financial demands.
MENTIONED IN THIS ARTICLE
Mr. Rockefeller
Chicago University
Reception arrangements for William Cardinal OConnell in Boston
Arrangements for the reception of William Cardinal OConnell are in place. The cardinal will be feted from the moment his steamship passes Boston Light until weeks after arrival with a grand escort featuring the Bishop Cheverus Assembly Fourth Degree Knights of Columbus and six unformed Hibernians units replacing militia. Over 2500 in uniform will march along the waterfront. The report also notes a cargo of codfish arrivals at the wharf and varied fish prices, plus shipping movements including the City of Augusta cargo trip and the wreck be irregular.
MENTIONED IN THIS ARTICLE
William Cardinal O’connell
Cardinal
Boston Light
Bishop Cheverus Assembly
Knights of Columbus
Hibernians
Cardinal arrives in Boston for archdiocese events
The Knights of Columbus and Hibernian bands will wear full dress uniforms for the cardinal's arrival. A large procession from Long Wharf to Granby Street is planned with a solemn mass at Cathedral of the Holy Cross. Governors, mayors, and officials will attend a reception at the Hotel Somerset on Feb 5 7 and 17.
MENTIONED IN THIS ARTICLE
Mission Church of Roxbury
Long Wharf
Granby Street
Cathedral of the Holy Cross
Washington Street
Boston
Hotel Somerset
St Paul Dividends Cut by Railroad Board
The Chicago Milwaukee and St Paul Railway board declared a semi annual 2 1 2 percent common stock dividend, lowering the yearly rate from 7 to 5 percent. Preferred stock paid 3 8 1 2 percent. A board rift over policy emerged with leaders Earling Armour Field backing maintenance while Wm Rockefeller and allies pressed for reduction.
MENTIONED IN THIS ARTICLE
Chicago, Milwaukee & St. Paul Ry. Company
A. J. Earling
Messrs
Armour and Field
Earling
William Rockefeller
Roswell Miller
Percy Rockefeller
Donald Geddes
Charles W. Harkness
John F Kolhepp Dies Pioneer Dyer in New England
John F. Kolhepp longtime dye house pioneer and the oldest German resident of Greater Boston died at his Jamaica Plain home 90 Brookside Avenue aged 99. He was prominent in local industry and community circles.
MENTIONED IN THIS ARTICLE
John F. Kolhepp
New England
Greater Boston
Brookside Avenue
Jamaica Plain
Shipping News Update From January Twenty Six
Shipping notes list arrivals and clearances of steamers, schooners, and tugs. Vessels include Altonia Prothero Manitou Lazell Frances Stabell and many others with ports Gloucester Portland New York Baltimore and Norfolk. Several barges and tugs move between Salem New Bedford Portland and other Atlantic ports. The report records saile and voyage movements for various ships on the coast.
MENTIONED IN THIS ARTICLE
Altonia
Prothero
Liverpool
Manitou
lLazell
Antwerp
Frances
Stabell
Manzanillo
Boston
Simms
Yarmouth
N. S
A. W. Perry
Halifax
Isleworth
Redding
Louisburg
C. B
Kershaw
Johnson
Norfolk
Dingley
Strout
Portland
City of Gloucester
Godfrey
Gloucester
H. M. Whitney
Crowell
New York
City of Augusta
Dizer
Savannah
Charles I. Mayer
McLeod
Baltimore
Conestoga
Olsen
Philadelphia
Bear Ridge
Knickerbocker
Ashland
Covington
Law
Newport News
Kennebec
Pottsville
Orion
Nickerson
Searsport
Boylston
F. CC
Hersey
Baker
Lynn
Clara
Kelloch
Rockport
Annie & Reuben
Robbins
Stonington
Limon
Blair
Port Limon
Valetta
Persian
James
Whitney
Murcia
J. H. Devereaux
Teaser
J. B. King & Co
Salem
New Bedford
Neponset
Vineyard Haven
Charles A. Davenport
Nemasket
Panther Creek
Elizabethport
Mercedes
Annapolis
Clementsport
Baker Palmer
Hampton Roads
Reporter
Newburyport
Williams Hol
Davenport
Marie
Straight Channel Favored for Boston Waterfront Development
At a State House hearing, Boston business leaders urged a 35 to 40 foot deep by 400 foot wide straight channel to unlock waterfront properties. Support came from Boston Chamber of Commerce, Boston Elevated, Edison Illuminating, and port advocates. A dissent favored widening and deepening the existing channel.
MENTIONED IN THIS ARTICLE
Boston
Boston Chamber of Commerce
Edison Electric
State House
Woodward Emery
Port of Boston Docks and Warehouse Company
Arthur A. Ballantine
F. M. Ives
Edison Company
Charles Skentelberg
New England Coal & Coke Company
William C. Brewer
Chamber of Commerce
Karl Adams
Port
Q Street
Argentina Near War as Paraguay Breaks Ties
Buenos Ayres reports the rupture of diplomatic relations with Paraguay. Argentina’s minister in Asuncion has withdrawn with his staff aboard the Sunboat Parama after Paraguay failed to answer demands for satisfaction. Ernesto Bosch, foreign minister, awaits receipt of the telegram.
MENTIONED IN THIS ARTICLE
Buenos Ayres
Paraguay
Asuncion
Ernesto Bosch
Argentina
Legation
Also Mentioned on This Page
ST. Paul
Georgia
McElwain 1St Pt
US Steel i . Ene
Algomah
Amalgamated
Am Ag Chem
Gulf
Hancock Eee
Helvetia Even
Kerr Lake
Nevada C
New York Dock
Y Central
NH & H
Pc&c
Sears Roebuck
St Louis & San F
Texas Pacific
Texas Co
Orca
Third
Aveni
Tol Sle& W
U S Steel
UN Ag
Ir Cl & C
Virginia Ry & P
Vale
West Maryland
Westinghouse
West Union
Weyman-Brut
U S
U_ S Steel
Maryland
Western Union
Westingh EB & M
West Shore
Wisconsent
NY City
William E. Soule
Pacific Coast
New York Central
Ewes
Boston Clearings
Wwe
Bankers Sterling
At & S
Ch & N M
Ch & W M
Ccl & Sp
CFS &M
Ahmeek
Cortez
Davis Daly
Ely
Douglas
New River
Ennee
Pond Creek
Ray Central
South Lake
United Verde
NEW York Bonds
Ghandler Bros
Milk Street
Boston, Mnsa
Allis Chalmers
Amer Hide & L
Amer Smelters
Amer Cotton
Amer T & T Collat
Knox & Cinn
Albany & Susq
Atl Coast L
Do L & N Collar
Balt & O
Ifen
Ches & Ohio
Chic & A
CB & Q
CM & Sp
Chic Gt West
Chic & NW
Cri&p
Chi & W Ill
Chino Copper
Eee & St Ll
Do St Louis
Col & Tol
Col F & I
Col Ind
Col & Son
del & Hud
den & RG Refund Senor
Detroit United
Detroit Tunnel
Dupont Powder
Ind & Lou
Interbor
Inter Met
Lake Shore
Leggett & Meyer
Louis & Nash
Michigan
LL Shore
Nor & West
Nor Pac
Oregon RR & Nav
Pac Tel & Tel
Penn
Pitts-Wil & Balt
San An & Ar
J. Thomas Reinhardt
Devonshire Street
Broad Street
King Street West
Toronto
Crown Chartered
Big Dome Ce
Dobie
Foley O'Brien
Porcupine Central
Imperial
Preston East Dome
Rea Mines
West Dome
SSS
Han Beck
Great Northern
McKinley-Dar
Isc
Civa Seared
Tretheway
Wettlaufer
Eree
Sete Ewes
Allen Arnold & Co
Richard J. Burton
Charles A. Stoneham & CO
State Street
New York City
James Shay & Co
State St
Butte Coalnee
Davis Dalyeevee
Greene
Inspiration Erstee
Kerr Lake Oeeeteos
Yuk
Wettl
Salt Lake
Beck Tunnel
Cedar Talisman
Colorado Mining
Columbus Consolidated Ee
Crown Point
Demijohn Ee
Grand Central Ee
Iron Blossom
King William
Little Bell
Mason Valley
Thompson, Towle & Co
Congress Street
My-Jae
Jy-Ang Prev
Ap Censesis
Jan. Medh
Prev
High Ec Uehe
Lowell Skene
Brooklyn Rapid Transit
K. OF C. and
Escort
T Wharf
Haddock
Cod
Gladys
Nellie
Washakie
Annie
Jennie Little Fannie
Priscilla
Adeline
Siscs Cecsas
Mary de Costa
Woiottc
Slade Gorton
Bae
M. Curtis
Little Fannie
Catawansteak
Ocean Line
J. H. Dizer
Lewis Wharf
East
Atlantic Avenue
Atlas
Portsmouth
Samuel J. Goucher
Conlin
Edward M. Gallagher
Order and
Sword
Hibernian
Bay State Road
Cathedral of the Most Blessed Sacrament
Foss
Shipping News
Eee Estes