International money strain prompts calls for restraint and reform
The piece analyzes global money pressure, noting declining bank cash to liabilities in the US, UK, France, and Germany as of June 4 1913 and April 4 1913, with mixed improvements but overall weakness. It cites heavy municipal and state borrowing, gold movements, and cautious security markets fueling a potential stringency and broad economic risk.
MENTIONED IN THIS ARTICLE
Bank of England
Bank of France
Bank of Germany
Banks of
America
United States
U.S. Eng
France
VOID
TDILL
Cecvcsccoves
Woot” Con Ccccccees
TQOG
Comptroller
Germany
Stock Exchange Members Across Major Cities
Members on the Boston New York Philadelphia and Chicago Stock Exchanges include firms and traders active in equity and bond markets. The roster highlights key houses and regions shaping trading sessions and listings.
MENTIONED IN THIS ARTICLE
New York and
Philadelphia
Stock Exchanges
Congress St
Boston
Chicago
Pittsburgh
New York
Grain Markets July 8 Cites Wheat Declines and Mixed Corn
July 8 market notes show liberal export sales for winter wheat but hedge sales offset gains. July and September wheat futures fall 7 percent and 34 2, with December down 44 54. Corn shows strength and closes nearly unchanged, while oats slide 5 cents. Global wheat and corn outside markets inch lower or higher. Minneapolis receipts total 100 cars vs 65 last year. Duluth 18 1 2 against 51. Chicago car lots list wheat 215, corn 693, oats 711 for three days. Export wheat sales near 500,000 for New York and Gulf shipment.
MENTIONED IN THIS ARTICLE
Liverpool
Paris
Berlin
Antwerp
Budapest
Minneapolis
Duluth
Chicago
New York
Gulf
Money Markets Show Mixed Rates Amid Bank Struggles
The money market showed mixed activity with police routines, noting Bank of France weakness due to $3,000,000 in gold and higher bills discounted versus a year ago. Paris and Pittsburg bank stress weighed on confidence while New York call money traded around 2 to 2.5 percent with time loans at 4 to 6 percent and various currency rates broadly quoted.
MENTIONED IN THIS ARTICLE
Bank of France
Pittsburg
New York
Essisseeee
Peneala Boston Clearings
Boston
Esa
Pencas Desas Oa
Reichsmarks
Seseres Eee
Sai Banded
Ae Ae
Cotton Markets End Rangebound Patience Declines
The cotton market was dull with narrow fluctuations of 10 to 11 points on old crop months and 5 to 7 on new. Liverpool stayed steady as the local market opened near day’s lows and edged up slightly.
MENTIONED IN THIS ARTICLE
Liverpool
Stockholders Meet to Extend Debenture Maturity Dates
Braden Copper stockholders are called to meet on July 21 to authorize extending the maturity date of three year 7 percent debenture gold bonds from July 1 1914 to June 1 1916 and of conversion from March 1 1914 to March 1 1916. Victoria Copper produced 100 tons in June, up three from May, largest monthly output since 1912. Tuolumne Copper plans to take over Butte Main Range Mining in East Butte if share capital increases from 800000 to 1500000. Nevada-Douglas stockholders may swap 188 shares for 10 shares of Nevada Copper Belt Railroad, offer expires August 10.
MENTIONED IN THIS ARTICLE
Braden Copper
Victoria Copper Company
Tuolumne Copper Company
Butte Main Range Mining Company
East Butte District
Nevada-Douglas Copper Company
Nevada Copper Belt Railroad
Nevada-Douglas
Boston Albany bond issue fully sold amid market notes
Bond market notes report the sale of a $5,642,000 five percent Boston & Albany issue at a net 4 3/4 percent. Westinghouse Electric & Manufacturing sells $3,250,000 six percent two-year notes to Kuhn, Loeb & Co. to fund retirement of $4 million notes due August 1. Cambridge seeks bids for $393,000 bonds dated July 1 1918 with serial and straight maturities. Springfield awards a temporary $350,000 loan to Morgan & Bartlett due November 1913.
MENTIONED IN THIS ARTICLE
Connecticut Valley Lumber Company
FIRST
Federal Trust Company
Devonshire St
Boston
Mass
Connecticut Valley Lumer Company First
J. H. O'Neil
Boston & Albany
Westinghouse Electric & Manufacturing Company
Kuhm, Loeb & Co
Treasury
Cambridge
Springfield
Morgan & Bartlett
Dividends Declared On Several Company Stocks
Torrington Company declares semi annual dividend of 4 percent on common stock payable Aug 1 to holders of record July 17 books close July 1 percent reopen Aug 14. Portland Gas & Coke Company declares quarterly 13 4 percent on preferred stock payable Aug 1 books close July 23 reopen Aug 1. Kerr Lake Mining Company declares quarterly 26 cents payable Sept to holders of record Aug 30. United States Realty & Improvement Company declares quarterly 1 1 4 percent payable Aug 1 to stock of record July 19.
MENTIONED IN THIS ARTICLE
Tarrington Company
C. B. Vincent
Boston
Island Creek Coal Company
FF. W. Batchelder
State St
Mass
Charles A. Hubbard
Bean Conrold A Mining CO
Broadway
New York
Utah Consolidated Mining Company
A. H. Mellin
Torrington Company
Portland Gas & Coke Company
Kerr Lake Mining Company
United States Realty & Improvement Company
Philadelphia Market Snapshot of Bid and Ask Figures
Market notes show bid and ask quotes across industries with varied figures. Listings include steel, coal, and financial instruments from companies in New Jersey and Pennsylvania with fluctuating percentages and prices.
New York Stocks Reach 1913 Low Amid Patchy Volume
Trading in New York shares sinks to 1913 low as total volume hits 131 100 shares. Boston quota stands at 9 791 shares, a yearly low with one exception. Local market shows strength in selective deals while price moves remain irregular.
MENTIONED IN THIS ARTICLE
New York
Boston
Market Summary of Yesterday and Year-To-Date Totals
The report shows total sales yesterday in New York 131100 shares and Boston 9791 shares with steel leading in New York at 21300 shares and Alaska Gold top in Boston with 1630 shares. Year-to-date totals are New York 47350800 shares and Boston 286431322 shares, versus last year's corresponding periods. Notable changes include Lorillard Co rising to 159 in New York and Liggett & Myers dropping to 200, AhmeeK Mining up to 300 in Boston, Union Pacific slipping to 144 1/2 with a 2 1/2 percent drop. Call money in New York 2, time money 3 1/2 to 6 percent. Boston 5 to 6 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Alaska Gold
Smelt & K Pf
Realiz
At&se
AT & SF Pf
Eait Ohionae Nee
Bklyn RT
Butterick
Deere & Co Pf
Erie
Goodrich
Lehigh Valley
Liggett & Mey
Lorillard Co
Mex Pet Co
Miami Copper
Lady
Nevada
Ycen
Ynh&h
Nor & West
Eveewe
Paci
Wd Bie A
Rock Island Oe
Rumely Co Pt
Sears-Roebuck
South Pacific
Texas Pacific
Union Pacific
UBC P
U B Steel
U & Steel
Utah
Wabash Pf
Westinghouse
Woolworth
New York Market Sees Mixed July Trading Amid Balkan Tensions
July stock activity in New York shows limited movement with a heavy undertone. Union Pacific dips slightly while Westinghouse Electric and Telephone post losses. European unrest and wage talks dampen enthusiasm, though demand persists for some issues and government bonds. Total sales reach $1,568,000 par value.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Balkan
Eas
Paris
Westinghouse Elect
Stocks Report Mixed Gains With Market Values Ahead
The daily stock totals show total sales at 1 568 000 versus 1 543 000 yesterday and 1 970 000 a year ago. From January 1 to date the value is 288 901 000 compared with 419 690 000 a year ago.
MENTIONED IN THIS ARTICLE
NY & Queens B
L & Power Se
Wab-P
Western Ieee
Weatghse
W & Bos
Ilenicas Ae
Oo & Alton
Norf & W Cen
Aimee Fie
West Shore
SERS
North Pacific
Batysk
Feuiwe
CB & Q
Wisconsin Cen
Loewe
Calendar for Today Listings and Payment Dates
Calendar notes Mohawk Magazine price two dollars with payable date August 1. Northern Pacific at 134 percent on a noted financial term. Western Y., Ontario and West lines with Pittsburgh Fort Wayne and Chicago quotes. Books do not close
MENTIONED IN THIS ARTICLE
Northern Pacific
Local Market Report Signals Thin Boston Trading Day
Traders here followed New York but did not break 1913 lows, logging 9 791 shares the second smallest day. Alaska Gold led activity with 1 680 shares while Boston Elevated and Wolverine rose 1 12 points, amid hopes for a quick settlement with officials. A modest interest in Burlington joint fours supported prices.
MENTIONED IN THIS ARTICLE
Boston
New York
Alaska Gold
Boston Elevated
Wolverine
Alaska
Burlington
Wise
Bond Market Mixed in New York Trading
The New York bond market opened irregularly and with an uncertain tone on July 8 as traders weighed shifting yields and a cautious outlook for interest rate developments.
Dog as Buoy Aids Teen Rescue In Atlantic City
Theodore Leslie, 17, used his dog Spud as a buoy to rescue Alfred Meyers from drowning off Atlantic City on July 8. Meyers struggled against a strong current and was swept two blocks from the point before volunteers helps ended the effort as the two youths reached safety.
MENTIONED IN THIS ARTICLE
Atlantic City
N. J
Theodore Leslie
Alfred Meyers
Cross
Foss and political finesse amid Massachusetts turmoil
A chaotic report outlines George M. Harlow disputing Foss papers, Walsh signatures mounting, and Gov Foss’s fourth term hints. Labor strike at Jamaica Plain, state conciliation board proceedings, and talks with patroon Grover C. Hoyt precede potential appointments to Boston transit and harbor commissions as officials debate county funding in Suffolk.
MENTIONED IN THIS ARTICLE
George M. Harlow
Foss
Harlow
Walsh
Governor Foss
Jamaica Plain
W. Jennings Patton
State Board of Conciliation and Arbitration
State Board
Hyde Park
Patton
Charles Woods
Mr. Woods
Executive Council
Thomas O. McEnaney
East
Boston
Boston Transit Commission
Harbor and Land Commission
Daniel J. Kiley
Transit Commission
Arthur Nasor
Haverhill
Joh Cogswell
Lynn
Robert Green
Brookline
Major Green
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Wall Street
Travellers International Cheques
Baring Brothers & Co., Ltd
London
Commercial
Foreign Exchange
New
Times
Baltimore
St. Paul
Canada
Brazil
Argentine
China
India
Democratic Party
Democrats
Harrison
THE
United Fruit Company
Kansas City
Detroit
Money Markets
Aid
Atlanta
Rochester
Blue Bull Olde
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Booth
Temiskam
Trethewey
Comb Frac
Wettlaufer Il
Big Dome
Florence
Opie
Dome Ext
Daisy
Dome Lake
Fol O’brien
Jim Butler
Hollinger
Um Il
Jupiter
Namara
McIntyre_ 2
Midway
Mizpah
Pearl Lake
Montana
North Star
Res Eula
Rea Mines
West Dome
Ta Cae
Black Jack
Bailey
Cedar Talis
Beaver
Colo Mag
Buffalo
Demijohn
Chamber
Iron Bros
Iron King City Cobalt
King Wm
Cobalt
Lwr Mam
Coniagas
Crown Res
Ney Hills
Foster
Gifford
Opohongo Prince
Gt North’n
Hargrave
Sil Kg
Kerr Lake
Sioux
la Rose
Uncle Sam
Nipissing
Tintic
Peterson
Victoria
Wilbert
Seereeee
Eeewee Tee Ae
Oes
Dan
Philadelphia Market
Ask
Am Rys
Siarasia Co
Am Steel
CT of NJ
BE & P
Tonopah
Wilaaé
Pa Steel
Wels Col Ss Renn Salt
New York Market
Boston Stocks
Muse & O
AT & T
Alacks Gld F Pd
Alloues
Amalgamated
Am Ag Chem
Am Ag Ch
Pneu
Seeeees
Tel & Tel
Aim Zinc
Au Gulf
Bos Elevated
Bos & Albany
Bos & Maine
Butte Bal
Butte
Greene Can
Hancock
Indiana Eeeweeee Og
Island Creek
Kerree Eeee
la Salle Enseeewe
Mason Valley Ag
McElwain
Nevada Co
Ny&nh
North Butte
Old Colony
Old Dominion
Osceola Tee
Swift & Co
Tamarack
Pfon Ae
Utah Connol
Utah Cop Co
Eese
West End
Winona
Bklyp
Stock Exchange
Cx & Q
Dada Geiaane Peres Ote
Ry & Ka
Ees
C & East
Illes Pacific
Mil & St P
gol/Penn gtd
Penn Con
Repts Brass
Penn
St ‘ & Swacon
Hide & I
Bell
T & Am
T&t
Pacific Col
Het & T
Ill Steel
Indiana
Pacific He
At&sf
L-Lé
Bait & O Gok
A, al
Csem
Beeen
Kan City
Lake
Liggett & mi
TYC & Stl
Een “Ag
Ake Nynh&h Evi Bs Wabash Ae Ona
Seeeee Vil
Coevt
Beseene
Ww. Y
Ont
Weat
Ft. Wayne
Ouiet, Butte Ohio Co
Pper
Bay State Gas
Butte Central
Majestic
Anglo Am Oil
Consol
Art Metal Construction Company
Common
Turner, Tucker & Co., Inc
Milk Street
First Nat. Bank Bldg
Chicago Market
Amer
Booth Fish
Brhd
Hs&m
Armour
Edison
Chicago City Railways
Chicago Railways
Oeaeewvseseweaees
Chicago Telephone BB
Sereee
Morris
Ewer Ee
Gden Gas Se Tool Sacnet
Neumatic
South Side
Bull Moose
Foss Mem
Hoyt
Grover C. Hoyt
Park
Charles S. Hamlin
the Treasury
al Cee
McAdo
Washington
James F. Curtis
Taft
Curtis
Special Commission
Suffolk County
Joseph J. Corbett
Chelsea
Revere
Winthrop
Superior Criminal Court
Republic Iron & Steel Reading and