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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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