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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 12, 1912

Page

12

Coppermines buy signals growth in Nevada mining sector

Frank C. Armstrong gains control of the Coppermines Company, with 550 acres of mineral and ranch lands and 500 000 tons of ore reserves. Nevada Consolidated nearby, Lake Copper Company expects no new financing, aiming for 500 tons daily shipments and self sustenance. Mason Valley smelter output reaches 1.5 million pounds monthly with 30 mines feeding, including Nevada Douglas. Rhode Island and New River matters noted.

Frank C. Armstrong New York Coppermines Company Ely Mines Company Gunn-Thompson Armstrong Nevada Consolidated William A. Paine The Lake Copper Company Paine Mason Valley Nevada Douglas Mason Utah Consolidated

Bond market notes show varied bids on water bonds and Maryland loan

Detroit Trust Company wins 240000 dollar water system bonds at 4 percent for twenty years. Watertown treasurer rejects all 29000 dollar bonds bids, with plans to invite proposals again next month. Third Avenue Railroad adjustment bonds bear no interest through June 30 as earnings are insufficient. Maryland offers 1000000 dollar 4 percent loan due 1922 and 1927. winning bids listed by firm with prices ranging from 100.010 to 100.082.

Watertown New York Third Avenue Railroad Company Third Avenue Railway Company State of Maryland Estabrook & Co Townsend, Scott & Son Baker, Watts & Co J. A. Wilson Jr. & Co Hambleton &Co George H. Stickney & Co

Calendar for today ex dividend and ex rights items

The bulletin lists ex dividend items for Bay State Street Railway Company of America Interurban Nickel preferred Pittsburg Coal preferred Western Maryland Railway preferred and ex rights for U S Rubber.

Bay State St. Ry. el. Co Am. Inter. Nickel Pittsburg Coal Western Maryland Ry

Dividend notices from Torrington Company and United States Realty

The Torrington Company declares a semi annual 4 percent dividend on common stock payable August 1 1912 to holders of record July 1 1912 with books closing July 19 1912 at 3 pm Transfer books reopen August 1 1912 Treasurer B Vincent Boston July 10 1912 United States Realty and Improvement Company Board declares a dividend of 125 percent payable August 1 1917 to stockholders of record July 20 1917 Treasurer B M Fellows

Torrington Company Reopem Co. B. Vincent Boston Broadway New York United States Realty and Improvement Company B. M. Fellows

Market Summary DaytoDay Yesterday and Year to Date

New York total sales 434 900 shares Boston 28 701 shares. Reading 94 700 shares led in New York. New England Telephone rights 5 888 led in Boston. Year to date totals New York 72 708 000 shares Boston 7 138 370. Compared with last year New York 46 952 000 Boston 3 030 407. Largest New York gain Lorillard Co 4 percent to 18414. New York loss Wells Fargo 7 to 140. Boston gain Superior Copper 234 to 473 percent. Boston loss Calumet & Hecla 10 to 515. Call money New York 3 percent Boston 3 1/4 to 4 percent. Time money New York 3 1/2 to 4 percent Boston 4 to 4 1/2 percent.

New York Boston Reading New England Lorillard Co Wells Fargo Calumet & Hecla Isles Ight Algomah Allouez Sete Eens Eeees Ag Chem Seeee Ag Ch Pf Am Tel & Tel Arizona Bos & Albany Corbin Bos Bos & Maine Bos & Prov Butte East Butte Edison Elee Fitchburg Pf Sete Hancock Ene Wweees Indiana Mason Valley Miami Old Colony Torrington Ah Wee US Steel Utah Consol Utah Cop Co West End Ee Wollaston Wolverine

New York Stock Market Holds Narrow Gains Amid Bearish Tone

Trading July 11 in New York was unproductive with alternating declines and rallies and light business outside the first hour. Money-stringency fears pushed some liquidation and short selling while big speculators reportedly stayed on the sidelines awaiting clearer political cues.

New York Northwest Far West Paris Italy Turkey Bank of England Bank of France Berlin United States

Copper debate and market dullness at Boston market

The Boston Market reports a dull session with mixed views on hidden copper supplies. Superior stock led gains with a 234 point rise amid uncertain broader strength and a tale of Blank & Co. buying 100 shares prompting skepticism.

Superior Blank & Co

Quiet curb scene highlights Davis Daly and major traders

A calm day on the curb shows Davis Daly dominating activity with Ohio Copper, First National, and Majestic prominent. New York buying of Davis Daly remains strong, while detailed fluctuations are noted.

Davis Daly Ohio Copper First National Majestic New York

Grain markets show nervous tone with mixed grain moves

Yesterday the grain markets were jittery with small reversals, July and September futures fluctuated while December eased. Corn stayed firm with a late rally and oats fell after early losses. The weather map indicated scattered rains across the Canadian and American Northwest and Midwest with warm, fair conditions. Minneapolis market notes warn that early crop troubles have left markets cautious about harvest prospects.

American Northwest West Middle West Minneapolis

Cotton Market Hesitant Despite Mixed Crop News

Rains persist in the Atlantic states as Texas stays hot and dry with rising weevil reports. The market remains cautious awaiting digestion of heavy liquidation and short selling. Some telegrams suggest crop damage has been exaggerated, especially in Georgia Alabama and Arkansas.

Atlantics Texas Georgia Alabama Arkansas

Money Markets Show Firmer Tone Across Markets

A firmer tone prevails in money markets with New York exchange well supplied. Local banks meet remittance needs, with on call money at 31 1/4 percent and time money yielding 31 1/4 percent for 60 days, 3 3/4 percent for four months, and 4 1/4 percent for six months, alongside current local rates and foreign exchange quotations.

New York Exchange New York C.ee Cceeweeneeeenes Necesser Boston Clearings Bc Oneal Boston Sub-Treasury Credit New York Clearings New York Sub-Treasury Eeese 4.83% Francs Eee Om Reichsmarks Eee Ereeer Eee

London Market Quiet as U S Securities Edge Up Then Dip

American securities in London opened steady near parity 1 8 7 8 points above, then weakened in the afternoon on New York selling. Canadian Pacific fell about two points as quotes followed.

London New York Canadian Pacific

Market decline prompts cautious finish and crop reporting debate

The market slipped with major indices posting new lows as profit taking restrained further losses. The piece notes government crop reporting skepticism, private agencies stepping in, and strong profits for Boston trust firms while mining and steel sectors show mixed signals.

Dividends Declared By Several Companies

Electric Bond and Share Co pays 2 percent on common and 1.5 percent on preferred with July 13 record and July 15 payment. Greene Cananea 25 cents, record Aug 14, payable Aug 31. Pacific Coast Co issues 1.25 percent on first preferred 1.125 percent on second preferred and common, payments in August. Homestake Mining Co monthly 50 cents, record July 20, payable July 25. Railways Co General 1 percent, payable Aug 1. Baltimore and Ohio Railroad Co semi annual 2 percent on preferred and 3 percent on common, record Aug 1, payable Sept 3. Books close dates listed.

Electric Bond & Share Co Greene Cananea Pacific Coast Co Homestake Mining Co The Railways Co. General Baltimore & Ohio Railroad Co

Metal Markets Show Slight Decline In Copper and Prices

At the New York Metal Exchange yesterday demand remained weak with a net loss of 1l 10s in G. M. B. copper influencing a modest drop in asking prices. London closed with copper at £74 2s 6d futures and £173 5s spot, lead £18 7s 6d, tin £208 15s spot, and speltar £26.

New York Metal Exchange London Standard Cosess Cookson

Stocks Record Close for July 11 Amid Mixed City Readings

The report lists closing prices across multiple firms with totals $2,606,000 and $2,083,000 at Philadelphia markets. It shows daily comparisons, with July 11 figures for American Cities, Cambria Steel, Reading, Lehigh Valley and others, highlighting shifts from the prior day and prior week.

Philadelphia Cambria Steel Philadelphia Electric Storage Battery Tonopah Belmont Tonopah Mining Lehigh Valley Reading Do T. C Union Traction Lehigh Nav Lehigh Valley Trans Do Pid United Gas Lake Superior Philadelphia Company Asphalt T. C Do Pfd

C A C Sets New Record with Guns Fort Strong

The Sixth Company, C A C led by Captain Woodside fired 58 shots amid a severe storm at Fort Strong and achieved 22 percent hits on a moving target 2000 yards offshore with a sub calibre rifle marking a record in Massachusetts volunteer militia history.

Fort Strong Massachusetts Volunteer Militia C. A C Woodside

Fort stormy target practice amid rain and mines

In heavy rain and lightning the First Company fired 31 shots as the storm began. The Third Battalion under Major Benjamin Shedd conducted mine practice with three mines of 100 pounds each offshore. Targets were blown, water flooded parade grounds and the fort hospital became a floating area though no patients were present. Percentage accuracy exceeded 94 percent.

Benjamin Shedd

Auto Runs Away With 9-Year-Old Daisy Ander son

A New York automobile ran away with 9 year old Daisy Anderson yesterday in Westchester County. Henry Sackett, owner of the car, left the engine running and the girl started the vehicle. The car rolled 200 feet, struck a gutter and a tree, throwing Daisy out with a dislocated shoulder and scalp wounds and a back injury.

New York Daisy Anderson Greenville Westchester County Henry Sackett Sackett Daisy

Also Mentioned on This Page

SAVER Associated Trust Milk Street Beston Mass New River Company Dixon Robert H. Gross Samuel Dixon New River Portsmouth Coal Mining Company Rhode Island Coal Company Portsmouth R. I John T. Burnett Mines Company of America Mexico Detroit Trust Company U. S. Rubber Reading and Union New York Market Sm & Re Smelt & R Pf At&sf Can Pacific Ches Ohio Erie Ins Cop Co Agr Corp of Eres Louis Nash Liggett & Mey Liggett & Mey Pf Mackay Tree Nevada Nynh&h Nyo&w Nor & Wes Nor Ern Nor Am Nor Pac Pacific Mail Pact&t Ae Ub Ber Rystras Rock Island Sears-Roebuck Texas Co Twin City RT Underwood Typ Hee UN Pac Boston Stocks U S Realty Eevee U S Rubber Eee U S Steel Ste Wells-Fargo Wee Bay State Gas Bingham Mines Boston Ely Butte Central Lion Hall Eeee Ee OY Majestic 460 McKhinley Chicago Liverpool Eeesecee Eooe Duluth St Louis Kansas City Toledo Detroit Med Money Markets London Market Wwe RV Atchison Topeka & Santa Fe Baltimore & Ohio Estes Grand Trunk Illinois Central Louisville & Nashville Missouri Kansas & Texas New York Central Norfolk & Western Ontario & Western British Columbia Consolidated Arneses Davis-Daly Ely Consolidated Giroux Eeee Greene-Cananea Ohio Pacific Wettlauter State Street Union Pacific Bears Europe Trust Companies New England Trust Company Liberty Boston & Maine Savings Bank Temiskaming & Hudson Bay Mining Company Cobalt Iron Trade Review Agricultural Department Metal Markets Rollins Frank West Rollins E. H. Rollins & Sons Devonshire Street Denver San Francisco Los Angeles Stock Exchange Ennwewe San Paulo Baines Nyc Diseies Nyc Nyc S Corp Tee Penn Alb & Sus Hud Ag Co Agri Tllinois Steel Trust Co Ctfs Rep T&s Indiana Steel Mar Am i & Colts Trust Co T&t ATERY Eeas Balt & O Louis Ay S& M Beth Steel Kans City Ee Co Bidyn Texas & P Liggett & M Canada Angie RR & Pee IR Evans Ches & O Mx & T Ches &O C & East Il Gn Union Cmil&puget CM & St Paul NH & H Mi & St P Uw Iaae C &Pw Waban Cri&p Ist Br Elas Central Trail West Union Louis NY Weat&b Westch Light Ices Col & So Ist Ms Seeees Nor & W Westinghas M Col & So del & Hudert Central Bo Weeene Auto Atlanta Grand C. Oo Bull Iron Bros South King W Coopne Lower Crac Mason V G Bel Nevada II Jim B Prince C MacNee King C Sioux C Midway Tintie C Miz Mont Victoria Wilbert Eula Bel Beaver Buffalo Oe C-F’ Land Alta Cobalt L. B Jack Coniagas Tunnel North Cedar Hargrave Col Mag. Axe Mek-Dar P Lake C Toint R of Way Silver L Demijohn G Chain Temisk’g Tong Seenue Chicago Market Pittsburg Market Pitts Steel Pitts C’l Doe iPitts P G San Toy Nat G
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