Best Purchase Editor's Note on Railroad Equity and Dividends
The column analyzes intrinsic and comparative merit of securities with focus on earnings, dividends, and price. It highlights how reinvested earnings build equity, cites Boston & Maine and New Haven as poor equity cases, and ranks railroads by equity and price, noting Erie as a savvy buy.
MENTIONED IN THIS ARTICLE
Boston Elevated
Boston & Maine
New Haven
Inc
Oden
Railroads Feature Day of Strength in Yesterday's Markets
Railroads show strength with Union Pacific leading New York volume at 48 600 shares and Amalgamated topping Boston with 1 150. For Jan 1 1913 to date New York totals 45 794 300 shares and Boston 2 817 062. Compared with last year, New York reached 69 953 500 and Boston 6 883 632. Major gains include National Biscuit pref 4 to 120 in New York and Pullman 112 to 154 in Boston. Edison Electric fell 3 to 270 in Boston. Call money in New York 2 percent and Boston 3 to 3 1/2 percent. Time money New York 3 1/2 to 6 percent and Boston 5 1/2 to 6 1/2 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Union Pacific
Amalgamated
National Biscuit
Colo. & Southern 2d
Pullman
Edison Electric
Stock table snapshot with mixed commodity quotes
A compact listing shows various stocks and commodities with 100 Alaska Gold 15g at 154, 18 percent. Anglo Am Oil around 1934 1984. Braden Copper 654, 6 percent. Brit Am Tob 22 percent at 275. Big Four 42. Brit Col Cop 2 percent. El Paso P333 at 2,400. Florence Goldfield 34. Goldfield Consol 113-16. Greene Cananea 5 percent. Jumbo Fxt 12.10 percent. Manhatn Trans Tr16. Ohio Copper 11-16. Standard Oil 355 40353. Tonopah Ext 2. Un Cig Stores 80 percent.
MENTIONED IN THIS ARTICLE
Alaska
Anglo Am Oil
Braden Copper
Brit Am Tob
Big Four
Brit Col
Davis Daly
el Paso Ae
Ely Consol
Florence Goldfield
Giroux
Goldfield Consol
Greene Cananea
Stewart
Smelt & KR
At&sf
At& SF Pf
Ealt Ohio Bvanesee
Bklyn K T Asees
Cal Pet Corp . O
Cal Pet Corp
Pacific
Vaart Meyer
Naaa
Nor & Wes
Oes
Dasexs Ae Uly
Atl
San AJ
Rel &O
Atl Gulf
Balt & O
Lel & Tel
Arizona
Atchison
Gulf
Bos
Bos & Albany
Bos & Cor
Bos & Maine
Cal & Arizona
Butte & Sup
East Butte
Franklin
Hancock
Indiana
Island Creek
la Salle
Klee
McElwain
Mohawk
Nevada Cotaee
New Eng T
Ssnynh&h
Nipissing
United Fruit
Bond Market Sluggish Yet Broad Activity Amid Convertibles
Trading in New York on July 3 showed limited volume but broad distribution across bond issues. Traders focused on Erie and Southern Pacific convertibles, Union Pacific convertibles, and United States Steel 5s, with various foreign and industrial issues cited in synthetic listings.
MENTIONED IN THIS ARTICLE
Erie
Southern Pacific
Union Pacific
United States Steel
Marvels of model surgery in Sunday Magazine
Dr. Edwin Sowers describes notable techniques in model surgery featured in Sundays Magazine. The piece highlights advances in surgical models and their educational value for medical students and practitioners.
MENTIONED IN THIS ARTICLE
Edwin Sowers
Market Holds Narrow Gains as Bears Step Back
New York July 1. Stock market shows a semi stagnant tone with pockets of gains in Harriman interests copper and coal stocks. Bear pressure hits Union Pacific Reading Lehigh Valley and Canadian Pacific while Chesapeake and Ohio falls to a new low. Trading rebounds toward the close led by Union Pacific as short-covering grows, with rains in the West and drought threats easing prices on some issues. Bond market steady with some improvement. 6 month loans to 1914 at 5.12 percent.
MENTIONED IN THIS ARTICLE
New England
Boston & Maine
New Haven
Pennsylvania
Union Pacific
Canadian Pacific
Erie
Louisville & Nashville
Lehigh Valley
St. Paul
Illinois Central
Lst
Atchison
Baltimore & Ohio
Reading
Norfolk & Western
New York
Harrimans
Chesapeake & Ohio
Market Opens Second Half With Weak Volume In Boston Stocks
The Boston market opened the second half of the year with 9449 shares traded, the lowest daily volume of the year. Elevation stock rose 1 1 2 points to 85 1 2, while Granby, Old Dominion, and Lake Copper also posted gains. Arizona Commercial drew attention as it traded at 2 1 2 after a 3 paid in assessment, and Boston & Corbin hovered near the assessed value amid a final 50 cent payment. Bedrock values were noted as market conditions remained apathetic.
MENTIONED IN THIS ARTICLE
Boston
Granby
Old Dominion
Lake Copper
Massachusetts
Massachusetts Electric
Arizona
Boston & Corbin
Cotton Markets Show Slump Despite August Rally
July 1 market opened lower with limited recovery across the session. First prices touched daily lows, most contracts slid 7 to 10 points, while August bucked the trend by rallying from its opening low as Liverpool quotations circulated.
Dividend Calendar Dearlisted Stocks and Open Books
Calendar shows today’s dividends payable and ex dividend notices for many names including American Sugar Refining Ames Holden McCready Amoskeag Boston & Lowell Columbia Gas Electric and others. Books open for American Gas Electric Columbia Gas Electric and Boston & Maine lines with multiple percent payments and payable dates.
MENTIONED IN THIS ARTICLE
Amer
Ames. Holden, McCready
Amoskeag Mfg
Boston & Lowell
Columbia Ry
Ding
Harbison Walker Refractories
Nat
Oglive Hour
Porto Rico
Bond Market Notes and Framingham Bond Issue
Holders of the Sealshipt Oyster System convertible bonds valued at 2.5 million are notified the semi annual interest due July 1 cannot be met. Framingham issues 30 thousand dollars of 4 1/2 percent playground bonds dated July 1 1913 and due 1943. N. W. Harris Co. acts as underwriter.
MENTIONED IN THIS ARTICLE
Framingham
N. W. Harris & Co
The Third Mate appears in next Sunday's Post Magazine
Morgan Robertson presents a sea tale in the upcoming Post Magazine issue. The story titled The Third Mate promises maritime adventure and suspense anchored by Robertson’s renowned nautical sensibility.
MENTIONED IN THIS ARTICLE
Morgan Robertson
Next
Post Magazine
Grain Markets Show Mixed Crop Influence and Drought Pressure
Grain futures slipped on July 1 with drought and heat limiting demand. corn led declines while wheat and oats fell modestly. July closed 4 percent higher, with summer delivery futures showing mixed losses. a shipment of sisal fibre for H W Peabody & Co was noted despite ships sailing to Plymouth. The Belgia and Franconia steamers were reported near Boston ports with the Franconia inbound from Liverpool and Queenstown.
MENTIONED IN THIS ARTICLE
H. W. Peabody & Co
Plymouth
Plymou
Iamburg-American Line
Belgia
Hamburg
Cunard Line
Franconia
Liverpool
Queenstown
Boston
Water Front Fishermen Tie Up At Wharves After Catches
Twenty one groundfishermen and three swordfishing vessels were tied up at the wharf with catches yesterday. Prices paid by dealers ranged from 2 to 63 cents a pound for various fish. key vessels cited include Sakun tala Stranger and Actor with specific totals. Captain William Boyd replaces Major H Gleason as boarding officer. The Maine Coast Steamship Company port and ships Massasoit Mohawk noted. A 50 pound sea turtle was captured and sent to a Chicago museum. The revenue cutter Seneca arrived from Halifax and headed to New York for overhaul after patrolling ice lanes. The Verona fruit steamer brought 20 000 bunches of bananas and one passenger from Sosua. The Alette arrived in Mexico.
MENTIONED IN THIS ARTICLE
T Wharf
Haddock
Sakuntala
Pol- Haddock
Cod
Hake
Lock
Agomno
Vie
Josie & Phebe
Jessie Costa
Ae Helen B. Thomas
Annie Perry
Oliver’. Hutchins
Edith Silveira
Appomattox
Ace
J. d. Fallon
Cabral
B. P. Domingoes
Evelyn M. Thompson
J. J. Fallon
William Boyd
Gettysburg
Maine Coast Steamship Company
Long Wharf
State Street
Dominion Atlantic Railway Line
Massasoit
Mohawk
Machiasport
Maina
South Shoal
Museum of Natural History
Chicago
United States Revenue
Seneca
Halifax
New York
Woods Hole
Baltimore
North Atlantic
Verona
Oxholm
Sosua
San Domingo
William A. Morry
Mt. John's
N, PF
Mexico
Shipping News Arrived With Various Vessels List
Shipping notices report numerous vessels arriving and sailing including torpedo boat Duncan and battleship Virginia at Newport and Boston. steamers Numidian McKillop Verona Oxholm etc. await orders. several tugs barges and transports listed with routes to Philadelphia New Bedford Rockland Portland and Halifax.
MENTIONED IN THIS ARTICLE
Duncan
Fall River
Virginia
McDonald
Newport
R. I
Numidian
McKillop
Glasgow
Moville
Verona
Oxholm
Sosua
Norfolk
Bionness
Port Simon
C. R
North Star
Dennison
Yarmouth
Dingley
Lindsey
St. John
N. B
Fast Rert
Portland
Cape Ann
Godfrey
Gloucester
Alette
Mare
Progressa
Mexico
Highland Light
Neptune
Nickerson
Rockport
Pielmont
Sludgins
Baltimore
Catawissa
Sevier
Philadelphia
Temple
Langhorne
Germantown
Camp
Philanphia
Monitor
Kohinoor
Paxinos
New Bedford
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Wall Street
Travellers International Cheques
Baring Brothers & Co., Ltd
London
Commercial
Foreign Exchange
Jav
Atchison Eeseven
Ealt & Ohio
Ches & Ohio Pews
Erie Sarees Estes
Great Northern
Tilineis Central
Louisville & Nash Wees
Northern Pacific
Northwestern
Norfolk & West
Reading Oot Ee Eee
St Paul See Bene
Vo South Pacific
W.charks Co. Bankers
Paradelphia
Congress Street
Pittsburgh
Middlesex Ng Company
Bay State Gas
Boston Maly
Butte Rosen Ra
Calaveras
Chief
Ely Witch
la Rose
Majestic
Nevada
South Lake
Stock Exchange
Mil & St
Milé& St
P-C
W & Bos
Puget Sd
Ree Midland
Hcity
Tokyo
Jon Ist
Norf & W
Mest Cri&pdebss
North Pacific
Cri&p
San Paulo
Penn
Ng Pest
Pears & Eee
Sess
Bares
Bente
Alb & Busq
Abs
Edhe
Allis-Chalmers
Trust Cotts
Am. Ag Chem
Ine
Prio
Msul Srp
Am ‘Smelting
Indiana Steel Os
United States
Pan
Sabe
Rumely Co Pf
St Lou& Sn
Sl&s F
Seaboard Air L
South Pacific
South Ry
the Texas Co
UN Pacific
Uscip&f
USCIP
U S Steel
U 8
Steel
Utah Copper
Va Ca Chem
Va Car
West Union Etree
W& LE
Woolworth
Seas Flint
Huron
T&t
Sei Val & Nk
Seal Air L
Tenee
Armour & Co
Pacific Col Fe
T&s SF
So Pacific
Mestad
Ieee
Kan City
Renn GigRita
Sis Ome 'Exas Co
Cvt
Laclede Gas
St Louis
Ist
Terus & Pte Ue & West
Lake
Liggett & M ‘Lonlard Co
I A
Boston Stocks
L&n Unified
Uni
Beth Steel
Cen
Bkiyn
Cal ‘Gas
Elec Bs
Pac Moy
Canada
Chat & St
Rigays
Pacific Mt
Hy & Power
Nynh&h
Y O&w
Union
Mil & St P
Detroit Edison Company
New York City
New York Stock Exchange
Michigan
Detroit
Capital Stock
N. W. Harris & Co Incorporated
Federal St
Spencer Trask & Co
Exchange Place
New York Market
Money Markets
Ee Pst Pbedeunen
New York Fur Rope
York
Nerse Vets
Fees ‘ Pase Tae
Pete Eer Eereeneae Vee Cerca Elpa
Oshs Nees
Metal Markets
Askad
Beck Tun Atlanta
Cedar Talis Ol
Blue Bull
O' Booth
Crown Pt Colo
Jim Butler
Mason Val
I Lwr Main
Memern
May Day
Midway
New Hills
Mizpah
Opohongo
Montana
Knce
Res Eula
Sil Kg Cin
Bel
Billig
Sioux
Uncle Sam
Victoria
Wilbert
Altaseeaee
Elec. Cos
American Gas & Elec
American Piano
Booth Fisheries
Colorado Fuel & Iron
Columbia
Ec Gas & Elec
Connectcut River Power
St. & Four
Detroit & Mackinac
Dunham
J. H
1St
2Nd Ave
Indianapolis St. Ry
Interstate Evos
Loose-Wilesee
Pacar
Wayne & Og
West End
T. Ry
N.Y
Minn
Duluth
St. Louis
Toledo
Arabic
Tiverpool
Sensea
U. S. Cutter
Evangeline
Haliifax
N. S
Hawkesbury
Co. B
Charlottetown
Preston
Providence
Ft. Astral
Channing
Herbert
Wburyport
Ixennard
Bangor
Ethel
Bridgewater
Klondyke
Windsor
John J. Hanson
San Juan
P. R Louud
Amherst
George ‘Vo.py
Ella C. All
A. Dolliver
Rockand
Republic Iron & Steel Reading and
American Public Utilities Co
Harninga
H. L. Nason & Co
Congress St
Maas