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Boston Post in Boston, Massachusetts

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 27, 1911

Page

14

Uncertainty Persists In Dominating Markets

Market report shows New York total sales 8,807,300 shares year to date and Boston 439,408 shares. Reads like a financial ticker with U S Express leading gains in New York and Edison Electric gains in Boston, while New York Air Brake and Granby Consolidated suffer notable drops. Call money ranges around 2 3 4 in New York and 3 to 3 1 2 percent in Boston, time money at 3 to 4 percent in New York and 3 1 4 to 4 1 4 percent in Boston.

New York Boston Reading Common Mayflower Mining U. S. Express N. Y. Air Brake Edison Electric Granby Consolidated Time

Market Summary and Stocks Edge Higher Despite Lower Volume

The market recovered from the prior day’s lows though trading volume contracted to a multi day low. Canadian Pacific Reading and United States Rubber led gains while Central Leather weakened. Union Pacific accounted for about 60 percent of total business with Atchison showing unusual activity. New York City bonds traded as issued at 101 1/4 to 100 7/8. American Writing Paper preferred stock sold at 30 1/2. Earnings forecasts for United States Steel Corp were set for next week with anticipated 28 million dollars for the quarter, down from 40 million a year earlier, and a 14 percent quarterly dividend expected.

Canadian Pacific Reading United States Rubber Commons Steel Union Pacific Atchison New York City New York Stock Exchange Union Pacific-Southern Pacific United States Steel Corporation Pittsburg Jan Amer Ag Amer BS & I Sis Amer Ysl Ag ii & I Sit Amer Smelt & K Amer Steel Amer A & Ad Anaconda Sane Hou Ches & Ohio Sneer M & St P C Cc & St L Great North Inter Metropol Inter Harvest Uooly Boo Town Seer Lehigh Valley Minn & St A Se Msp&ss M McK & T . Nee SG Pacific Aow Nowy Missouri Nevada C Con NY Central Philadelphia PC Oo St_D Rentron & Steel Rock Island JS & G Island Sloss Sheffield Southern Ryeewee Texas Pacific St GL & Weshee U Rys Invest Western Maryland KOM Western Union Westinghouse Milk St Boston Mass Albany Pitts T J BH & W Y Bethlehem Steel Bklyn Chea & Ohio Do Rich & Aldiv Cc BP & Q Ch & Gt Western Ch & W Ct I & P Col & Son D& H Distillers Ss Thy Eti & G Erie Hock Valley Jndijl & Towa AB Fees KCI Kan City Kings Co EL & P Ss Lake Shore Lex Av & P Ferry Ist Louis & Mash Mo K & Ist If Mobile Obi Os Mo Paccony Nassau Bony Dam Do Lake Sh Chi & Sul Hielo Ont & West Nor & West Norfolk & W Pac Nor Pac Ist Ore RR & Nav Pac Tel & Tel Penn Bee Oor Rio Gr West Coll M&m Mont San Ann & Ar Tol & O U S U_ S- Steel Mary Westdies Iight West Union GR Westingh el & Mfg

Mayflower and Old Colony Rally On Copper Discoveries

Local stock market shows Mayflower and Old Colony rising sharply after diamond drill finds. Mayflower copper ore vein depth about 800 feet boosts valuations, with Old Colony benefiting from estate separation. Other active names include Algomah, American Zinc, East Butte, Amalgamated, Steel, Superior & Pittsburg, and Granby.

Mayflower Old Colony Stock Exchange St. Louis Calumet & Hecla Algomah East Butte Amalgamated and Steel Superior & Pittsburg Granby

Mining Notes and Market Rates from the Region

Current local money rates and foreign exchange quotes. Feb 18 market date in Wilmington Del. Stock transfer books closed Jan 24 to Feb 13. Joe Bush shaft at Inspiration reaches 500 feet. Colorado shaft needs 80 more to equal that depth. Nevada Consolidated ships ore from Liberty claim steam shovel pit. ten carloads sent to McGill smelter. 6 percent ore streak found at Copper Flat main pit. Frank J. Smith tours mining properties in Pioche. Wm H Kimball, president of American Zinc Lead and Smelting, visiting the city.

Wilmington Del Joe Bush Colorado Nevada Consolidated Liberty Claim McGill Copper Flat

Market Names in Irregular Price List Across Multiple Mines

The Boston Market Rhode Island Coal Calaveras Gold field Consolidated Corbin Copper Nevada Douglas Raven Mazatan Consolidated Arizona Boston Ely Bay State Jas Champion Mackinaw Nevada Utah prominent in dealings. Prices were highly irregular. Fluctuations of the entire curb list are given herewith in detail.

Rhode Island Coal Calaveras Goldfield Consolidated Corbin Copper Nevada Douglas Raven Mazatan Consolidated Arizona Boston Ely Bay State Jas Champion Mackinaw Utah Alimeek Ariz Ariz Mines Bay State Gas Bohemia Boston Ely Davis Daty Woo Goldfield la Rose Laramie Eee I Majestie Ee Mason Valley Or Oey New Baltic Seas AG Ohio Oneco Jiaptet Ee Rawhide Coal Ae Us Ray Central Eaee Eee Eeee Dla

City and state bond deals listed with rates and maturities

New York stocks sold to Gloucester National Bank at 3.32 percent discount and 1 premium. Woburn Massachusetts granted a temporary loan of 20000 dollars to Edgerly and Crocker at 8.30 percent discount, due October 16, 1911. Rhode Island issued 500000 dollars of four percent harbor improvement bonds dated August 1 1910, maturing 1960, awarded to R L Day and Blodget at 104.19.

Gloucester National Bank Woburn Mass Edgerly & Crocker Rhode Island R. L. Day & Co Blodget & Co

Pioche Merger Completed In Amalgamated Pioche Mines

Announcement says the Pioche merger is complete creating Amalgamated Pioche Mines and Smelters Corporation a holding company under Maine laws with 1 000 000 shares par 10. Nevada Utah will hold a majority of issued shares while Ernest R Wooley leads the group providing 500 000 dollars to extend the Pioche Pacific railroad and build a 600 ton daily mill at Pioche.

Pioche Amalgamated Pioche Mines & Smelters Corporation Maine Prince Consolidated Pioche Consolidated Ohio-Kentucky Amalgamated Pioche Nevada Utah Mines and Smelzie's Corporation Utah Prince Consolidated, Ohio-Kentucky Ernest R. Wooley New York Pioche Pacific Prince Consolidated Mine Amalgamated Pioche Mines’ and Smelters Corporation Anthony H. Godbe Prince Consolidated Interests Salt Lake City Pioche Consolidated Co Pioche Pacific Transportation Co Day Utah Mines and Smelters Corporation Ernest R. Woolley Black Ledge America Nevada Utah Amalgamated Probe Probe Consolidated

Rhode Island Coal stock issue to retire notes

The Rhode Island Coal Company issued 2000 additional shares at 10 a share to retire 200000 of notes owed to Henry M Whitney and others for equipment financing. The firm still carries about 360000 in floating indebtedness, largely to Whitney, while Victoria power plant water intake ice hinders mining and milling operations.

Rhode Island Coal Company Henry M. Whitney Eugene N. Foss Victoria

Amalgamated Pioche merger to form holding company with Nevada Utah

The Amalgamated Pioche Mines and Smelters Corp to be incorporated in Maine with 1 000 000 shares. Nevada Utah Mines and Smelters gains control of Pioche Consolidated Ohio Kentucky and Prince Consolidated assets. Analysts expect a major stock surge and advise immediate purchase ahead of the merger’s completion.

Also Mentioned on This Page

William E. Soule Mazatan Sioux Consolidated Franklin First National Kerr Lake Giroux H. A. Brown & CO Boston Curb Exchange State St. Boston Broadway Financial & Investment Financial Old South Building A. H. MacKenzie &Co Tels Eeneck Brokers Els. Main State St Alfred E. Long & CO Idaho John Knight Frank J. Smith Ss Tenelisha & Co Nev Mendha Double Dyke Ww. H. Kimball The American Zine, Lead and Smelting Company New York Funds Boston Clearings Boston Sub-Treasury New York Clearings New York Belances Eee New York Sub-Treasury Bankers’ Sterling East High Point Ereere Pee Nwee AOA Doll Amer T & T Amer ZI & S CB & Q West Abi & T Atchison Esse Ees Boston & Albany Boston Elevated Boston & Maine Estes Boston & Prov Chicago Firehburg Maine Central Eee Nor & War Ene Rutland Ap West Ena Sneer Allouez Ee Arizona al & Hecla Centennial Thaly West Nipissing North Butte Old Dominion Osceola Shannon St Maryr Superior Tamarack Trinity Consol Poston Land Amer Tel Cumberland Edison Elec Mergenthaler Htm Pullman Co Torrington United Fruit United Shoe M . Bom Ao U S Steel Algomah Hi Hancock Helvetia Indiana Island Creek Isle Royale Kerr Lake Seeee Keweenaw Ors Lake Miami North Wake Ee Super & Pitts Swift & Co Pightas Utah Apex Ss Gloucester NEW York Bonds Gnandler Bros Arizona Commercial Black Hawk Ahmeek Osceola-Tamarack Allouez Centennial Copper Range Consolidated Calaveras Copper Company Brooklyn Rapid Transit J. G. Brill Company, Pfd Rhode Island Coal Company Mines Portsmouth R. I Eshode Island Coal Company Hi. PD. Johnson E. B. Jermyn James J. Benelisha & CO Doane Street Field and Fay State Street American Importing and Transportation Jas. Shay & Coy Borton Curb Lis Aske Charles A. Stoneham & Co P. S Thomas W. Lawson S A. Stoneham & Co
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