Frederick Keffer Named General Manager Of British Columbia Copper
Frederick Keffer is appointed general manager of the British Columbia Copper Co., succeeding the late E G Warren. June net earnings were 530,000 from 960,000 pounds of copper produced. Iron Cap Copper elects Lee W Marshall as assistant treasurer and plans to start work at once in the Williams shaft. Old Dominion produced 2,112,000 pounds of fine copper in June, slightly below May. Charles E Mills becomes general manager of Inspiration Consolidated, inspecting with W H Aldridge, Dr L D Ricketts and W D Thornton. Miami mine produced 89,900 tons of ore in June with 3,000 tons daily mill flow. churning drilling continues to explore below the 570 foot level. 8 to 10 million pounds of Ray Consolidated copper sit in Hayden concentrates awaiting completion of the Hayden smelter. Guggenheim interests relinquish options for 650,000 on 40 Miami district claims. Butte district claims drawn by A B Wolvin and J M Kaynes. Wroughton Copper down 50 feet in winze near Superior lode. Anaconda buying near Butte area and potential resumption by Butte London development. Lang named president of Heywood Brothers & Wakefield, succeeding Louis K E Carlton. Butler named treasurer. Charles A Stone named director.
MENTIONED IN THIS ARTICLE
Frederick Keffer
British Columbia Copper Co
E. G. Warren
Iron Cap Copper Company
Lee W. Marshall
Williams
Miami
West T& T
Algomah
Allouez
Amalgamated
Ag Chem
Arizona Comee
Arnold Ee Ura
Atchison Ee
Atlantic Gulf
Atchison Pf
East Butte
Fitchburg Pf i
Franklin
General Elect
Geory & Elst
Giroux Er Ee
Granby
Indiana
Island Creek
Nevada Eee
New Arcadian
New E. Tel Seewes
Ny& Osek
North Butte
Old Colony RR
Old Rommaien
Pond Ork Coal
Pullman Co
Stie
Santa
Shannon
Uni
Utah Consol
Utah Cop Co
West End
Temporary loan and note offerings across banks and trusts
Cambridge awards a 250000 temporary loan to Perry Coffin Burr with Oct. 10 maturity. Competing bids include Central Trust Cambridge Trust First National National Shawmut Harvard Union and N W Harris. Missouri Kansas Texas sells 1.5 million 1 year notes to Speyer replacing 1.1 million 6 month notes. Newport invites bids for 10000 temporary loan due Sept. 5.
MENTIONED IN THIS ARTICLE
Cambridge, Mass
Perry, Coffin & Burr
Central Trust Company
Cambridge Trust Company
First National Bank
National Shawmut Bank
Harvard Trust Company
Union Trust Company of New York
Blake Bros. & Co
N. W. Harris & Co
Missouri, Kansas & Texas
Speyer & Co
Calendar for Today Books Close May Dpt Stores for Sub
Books close today for subscriptions as department stores prepare new stock. Northern Pacific announces a dividend, signaling favorable financial news for investors and travelers.
MENTIONED IN THIS ARTICLE
Northern Pacific
AT&T Announces Dividend of Two Dollars Per Share
American Telephone and Telegraph Co declares a dividend of two dollars per share payable on Monday July 15 1912 to stockholders of record at the close of business on Saturday June 2 1912. Treasurer WM K Driver signs the notice.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Co
WM. KR. Driver
Westinghouse Declares Quarterly Dividend in 1912
Westinghouse Electric and Manufacturing Company announces a quarterly dividend of 1 percent on the preferred stock. The payout will be July 15, 1912, to stockholders of record at the close of business June 20, 1912. Signed by T. W. Simon, Treasurer.
MENTIONED IN THIS ARTICLE
Westinghouse Electric & Manufacturing Company
New York
Yiese
Tt. W. Sikmon
Market totals and daily moves in New York and Boston
Yesterday’s market totals show New York sales of 562800 and Boston 44122 shares with steel common as the most active issues in both cities. Across Jan 1 to date New York totals reach 71914700 shares and Boston 7059194. notable gains include Philadelphia Co in New York and Atchison pref in Boston while Am tobacco and Ahmeek drop. Call money stands at 3 percent in New York and 3 a half in Boston. time money ranges 3 to 4 1 4 percent in New York and 4 to 4 1 2 percent in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Philadelphia Co
Am. Tobacco
Atchison Pref
Ahmeek
Calumet & Hecla
Market Ties Weakness to Unfavorable Bank Report
New York July 8 Poor bank statement and a dim crop outlook dampened stock activity. Amalgamated Copper and U S Steel led declines while tobacco shares lagged. curb markets hardened with 3 percent call money and a firmer bond mood despite overall liquidations and late short covering.
MENTIONED IN THIS ARTICLE
New York
Amalgamated Copper
U. S
London
Tobacco
Ohio
Illinois
Boston Market Ends Session On Weak Copper Tone
The Boston market saw 44 122 shares trade as prices fell from fractions to whole points. New York declines triggered a heavy bearish wave with copper stocks leading losses amid fresh reports of hidden copper. Amalgamated, North Butte, Smelting, Lake Copper, Isle Royale, and Butte & Superior bore the brunt as prices slipped from 70 1 4 to 69, a drop of 1 1 2 points. steel common also weakened while overall industrials showed little notable strength.
MENTIONED IN THIS ARTICLE
Boston
New York
London
Lake
Butte
Southwest
Amalgamated
North Butte
Smelting Common
Lake Copper
Isle Royale
Butte & Superior
Bond Market Pressure Reflected in New York Shares
The bond department showed some unsettlement while the share list faced pressure in New York trading during July.
Curb Trading Tentative in Boston Market Heightens Prices
Trading on the local curb showed modest gains with Boston Ely and Ohio Copper moving. Lion Hill reached a new high at 86 cents while Corbin slid from 1116 to 90 cents amid varied activity from Houghton Copper and others.
MENTIONED IN THIS ARTICLE
Boston Ely
Ohio Copper
Houghton Copper
Davis Daly
First National
Hagle & Blue Belt
Lion Hill
Corbin
Rae
Bay State Gas
Beyole
Butte Certral Eeerres
Calaveras
South Lake
Stewart
Miami
Superior & Globe
United Verde Ext
Grain markets show liquidation and weather aided rallies
Liquidation in all grains continued as favorable weather and anticipation of a bearish government report pressuring prices. Rallies near close with short covering and late gains as traders awaited the report. extreme wheat and corn moves shown with multiple price differentials for July oats and other months.
Cotton market stays firm with Liverpool leading gains
The cotton market was active with Liverpool firm and prices 15 to 17 points above Saturday's close. Early selling saw 150.09 bales liquidated, as large buyers shifted to the short side. Weather maps show heavy rains in eastern and central belts, and forecasts may worsen. The crop’s lateness persists, making frost date a key yield factor.
MENTIONED IN THIS ARTICLE
Liverpool
Tennessee Copper Company declares $1 per share dividend
The Tennessee Copper Company board has declared a dividend of 1.00 per share payable August 10 to stockholders of record July.
MENTIONED IN THIS ARTICLE
Tennessee Copper Company
Philadelphia Markets Close July 8 Activity Snapshot
Philadelphia markets report closing values for major stocks and preferreds. Listings include Amer City 331-2834 Baldwin pfd 105 3-4a106 Phila Elec 22 1-Sal-4 Cambria Steel 43 1-4a3-4 Storage Battery 1-Sal-2 Tonopah Belmont 915-16a101-8 Tonopah Mining 65-Sall-16 Lehigh Valley 85 3-4a 84 Rapid Transit 245-8a7-8 Tr dfs 245-827-8 Union Traction 51al-4 Lehigh Nav 90a5-8 Lehigh Nav Tr ctfs 90a5-3 Lehigh Valley Trans 13a1-4 pfd 231-8 1-4 United Gas 885-8a89 Lake Superior 3a1-4 Phila Co 613-4a521-4 Asphalt 18 3-4a19 pfd 621-4a3-4.
MENTIONED IN THIS ARTICLE
Amer
Baldwin Pfd
Phila
Elec
Cambria Steel
Tonopah Belmont
Tonopah Mining
Lehigh Valley
Rapid Transit
Dfs
Union Traction
Lehigh
Ctfs
Lehigh Valley Trans
United Gas
Lake Superior
Phila. Co
Asphalt
Stock Market Woes Highlight Copper Lag amid Crop Outlook
The market finished weak with heavy selling across stocks, copper shares leading declines. A favorable crop report is anticipated while grain options show price breaks, and banks may strengthen liquidity before the crop season.
Money Rates Rise After Bank Statement Shock
Changes in New York bank statement last Saturday lifted money rates though officials expect no real stringency. Call money traded around 3 percent in New York while time money ranged from 3 to 3 1 4 percent for days to 4 to 4 1 4 percent for six months with various local and foreign exchange quotations.
MENTIONED IN THIS ARTICLE
New York
Metal Markets See Slight Drops in New York Prices
At the New York Metal Exchange yesterday lead for July delivery stood at 4 with tin dull and slightly lower. Copper quotations for July showed bids and asks around 17.25 to 17.15 with varied grades. London’s closing market listed copper at 75 16s 3d spot and lead at 18 10s, tin spot at £204 with futures around £198 10s.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Cookson
Northern
Southern
London
Express companies profits and parcels post debate analyzed
A forthcoming Boston Post financial page presents an analytical look at whether American express firms earn excessive profits and resist parcels post by government, examining company profits and investor views on stocks and bonds. The piece weighs public claims against financial performance and market sentiment.
MENTIONED IN THIS ARTICLE
America
Boston Post
Also Mentioned on This Page
City of
Seattle
Washington
WM. A. Read & CO
Congress Street
Adirondack Electric
Power Corp
Mississippi River Power Co
Richardson, Hill & CO
Old Dominion
Charles E. Mills
The
Inspiration Consolidated
W. H. Aldridge
L. D. Ricketts
W. D. Thornton
Ray Consolidated
Hayden Smelter
American Smelting
Guggenheim
A. B. Wolvin
John M. Kaynes
Butte District
Wroughton Copper Company
Anaconda Company
Butte & New York
Butte & Bacon
Butte*& Superior
Butte & London Development Company
Charles H. Lang
Heywood Brothers & Wakefield Company
Louis KE. Carlton
Lang
Fred L. Butler
Charles A. Stone
Stone & Webster
Carlton
Newport
R. I
American Tobacco
New York Market
Chicago
Ste Ee Eace
Eeee
Sm & Reeee Nee
Am Smelt & R Pf
At& SF
At& SF Pf
Baldwin Locotte Ewan
Ealt Ohio
Beth Steel
Ew Enee
Seeeee
Bklyn R
Bklyn U
Can‘Pacific
Cm&sp
Int Agr Corp Pf
Int Harvester Ee
Liggett & Mey
Nevada
NYO& W
Philadel” Co
Pcc&s8l
Pitts Coal
Eenee
Pitts Coal of
See
Pitts Steel Pf
Ry St Spg Pt Nere
Seaboard
Sears-Roebuck
South Pacific
Texas Co
Texas Pacific
Tol SL &W
Union Pacific
Usci Ee
U S
Rete Wees
Wabash Pf
West Union
West
Maryland
Westinghouse
W& LE Thee
W & LE
Woolworth Co
Boston Stvucks
Close
London Market
United States
Ana Tay
Ros & Co
NY West & B
Norf & W
Nyc
den & R Gon
Aee North Pace
Ee Pacific
Penn
Erie
Ee Tobacco
P Lorillard
Riog
Havana
Ann Arbor
Tas Steel
AT &S
Fert
AT & SF Trans Ordlines
AT & Are
Balt & O Plais
Southern Ry
Bai & O
Serene Kan City
Poureete Ry
Bethich Steel
Eeee Vo
Serene
Bklyn Rap T
Cert
Eeee Lake
Liggett & M
Cal Gas & Elec
Liggett & M Is
St Tees
Tri City Ry
Union Pac Ist
Canada
1 & N-At Knox
Union Pac
Serene Fs Ha. & Cin
Union Pace Rig
Cen Pacific
Mian & &T
Ches&o
Okla
Jb Ae Ac
Ry & Pwr
Rfdge
West Snethe
Wis Central
Ray Ie
Anaconda Mining
Atchison, Topeka & Santa Fe
Atchison, Topeka & SF Pr
Baltimore & Ohio
Canadian Pacioc
Grand Trunk
Illinois Central
Louisville & Nashville
New York Central
Norfolk & Western
Ontario & Western
British Columbia
Arizona
Davis Dalyee
Ely Consol Seseee
Giroux
Wettlaufer
Aly
Bears
Inc
Pittsburg Market
Stee
Pitts
Cc Steel Pf
Pitts G
UN & S
Ohio Fuel
Ce West AB
Chicago Market
Am . Com
Rys
Edison
TT & T
Philadelphia
Federal Street
State Street
J. P. Morgan & Co
Wall Street
Pittsburg
Steel Conmon
Cambridge
Estabrook & Co
London Sunday Times
Money Markets
Eee
Erreeeres
Boston Clearings
Reese
Treasury
Bankers Sterling
Reichsmarks Weeees Ereereere
Metal Markets
Atlanta
Pure T
Bull
Rea M
Booth
Cope
Vipond
Www Dome
Jalta
Black J
Cedar T
Midway
Colum C
Heaver
Crown P
Buffalo Demijohn
Cc. Cher
Cold C
Grand Co
Cc Lake
Idaho
Dobie
Tintie C
Cr Ch
Victoria
Hollinger
Wilbert
Moneta
Kragon
Yankee
Aare
Ese Reese Ee
Eee Eeewewe
High Point Eeeer Eens
Express Companies
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