Dullest Day in Seventeen Years in Market Reports
A bleak trading summary shows heavy activity in New York and Boston with large share totals and declines. Notable movers include Am Tobacco up and Sears Roebuck down in New York, and Calumet & Hecla up with Geo Elec pref down in Boston amid ex-dividend shifts. Call and time money rates edge higher in both markets.
MENTIONED IN THIS ARTICLE
Ork
Boston
New York
Union Pacific
Greene Cananea
Am. Tobacco
Sears, Roebuck
Calumet & Hecla
Geo
Elec
New
Dull Day on Wall Street Marks Long-Standing Low Volume
New York market trading stayed nearly at a standstill as 64 000 shares changed hands the smallest full-day total since May 27 1896. Prices drifted downward with minor losses, while copper and rail securities hit new lows amid currency and tariff concerns and a weaker interior money movement.
MENTIONED IN THIS ARTICLE
New York
Southern Pacific
London
Lariy
New York Central
Chesapeake and Ohio
U. S S
Panama
Dividend Notices From Jacksonville Traction and Island Creek Coal
Jacksonville Traction Company in Florida declares a quarterly dividend of 1.50 per share on Capital Stock and 1.00 on Common Stock with record date July 19, 1913 and payment in August. Island Creek Coal Company directors declare a quarterly dividend of 0.25 per share and an extra 3.00 per share, payable August 1, 1918, to stockholders of record at the close of business.
MENTIONED IN THIS ARTICLE
Pusinens
eroNe ¢ Webster
Island Creek Coal Company
Island Creek Goal
Comay Bevy
Pee
Phere
Boston Market Report Records Smallest decade Stock Total
The Boston market closes at 5425 shares the smallest total in a decade. March 1911 saw 5805 shares in two hours, while March 15 this year totaled 6019 in two hours. Boston & Maine boosted to 5718, amid a general price decline due to lack of initiative and indifferent copper market news.
MENTIONED IN THIS ARTICLE
Boston
Whle
Boston & Maine
Calumet & Hecla
London
Amalgamated
Grain Markets Slump on Bear Pressure and Export Sales
July 11 reports a weak market across grains with bearish influence from Northwest rains and hedge selling against new winter wheat. Wheat declines 1 to 1 1 2 percent, corn 1 to 1 1 2 percent, oats 1 to 1 4 percent, with foreign markets mixed and heavy export sales noted. Liverpool Paris holidays. Minneapolis receipts rise year over year. export sales totaling 1.6 million bushels for Atlantic and Gulf shipments.
MENTIONED IN THIS ARTICLE
Liverpool
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
Atlantic
Gulf
Money markets hold steady as funds remain scarce
Money conditions show no change with call funds readily available yet investors remain ultra conservative. New York Stock Exchange call money at 21 4 percent while time money stays tight with rates from 3 1 2 to 6 percent across 60 days to six months.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Boston
Pee Dees
Boston Sub-Treasury
Bankers’ Sterling
Ieasean Ener Ts
Ee Ra
Geeeak Eee
Cotton Markets July 1 Active Spot Market with Mixed Quotations
The cotton market showed spot activity with quotes lower overall. August led the old crop months with a premium over July, while crop conditions remained favorable and experts reported continued strong condition causing selling and liquidation. There was a 10 point drop from prior close, tempered by Texas heat news and a smaller visible supply of 142000 bales. Liverpool closed today and opens Monday.
MENTIONED IN THIS ARTICLE
Texas
Shorts
Liverpool
Wall Street Hits Dullest Day in 17 Years on Broad Market
Trading on the New York Stock Exchange collapsed with total shares 66,800 by close, the weakest day since 1896. Brokers warned that low volume days erase costs and hint at upcoming price moves, while Baltimore & Ohio reports record gross earnings of 101.5 million but a dividend surplus drop. The Bigelow bankruptcy shocks street readers, yet Old Dominion Trust receipts are expected to hold value despite the failure.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Moon
Wall Street
Baltimore & Ohio
A. S.S. Bigelow
Copper Kings of America
A. S. Bigelow
Bigelow
Old Dominion
Calumet & Hecla
Bond Market Declines Amid Large New York City Trade
The bond market reports a 74 point drop for New York city 4s of 1963 on a comparatively large transaction. United States Government bonds show a 28 advanced point move amid broad listings. Total sales reach $1.612 million versus $1.365 million yesterday and $2.932 million a year ago. January 1 to date totals stand at $293.154 million against $428.956 million last year.
MENTIONED IN THIS ARTICLE
New York City
United States
Rainfall records show drought impact on crops
Government rainfall reports diverge from intended view with 70 percent of 112 stations below normal since March and 67 percent of 95 stations above normal temperature. Major crops deteriorated in June with winter wheat 1.9 percent below, spring wheat near 20 percent, oats 10.7 percent, barley 10.5 percent, rye 2.3 percent, and hay 7 percent lower in condition.
Copper Prices Drift as Demand Falters in London
Copper producers follow Engineering & Mining Journal prices for the week ended July 9 with electrolytic at 14.20 cents and Lake copper at 14.45 cents. Low London quotations contrast with weak consumer demand despite the price levels.
MENTIONED IN THIS ARTICLE
Engineering & Mining Journal
London
Dividends Declared by Multiple Rail and Manufacturing Firms
Jacksonville Traction Company declares quarterly dividends of 1.50 on preferred and 1.75 on common, payable August 1 to holders of record July 19. New Hampshire Electric Railways pays 2 percent semi annually on preferred, July 31. books close July 19 reopen Aug 1. Electric Bond & Share declares regular 1.12 percent on preferred and 2 percent on common, payments July 15 and August 1 to July 14 and July 139 records respectively. Franklin Company pays semi annual percent and Woolworth and Gorham post quarterly dividends on common stock with varying record dates. Columbus Railway Company issues 11.25 percent on preferred, payable August 1 to July 15 records.
MENTIONED IN THIS ARTICLE
Jacksonville Traction Company
New Hampshire Electric Railways
Electric Bond & Share Company
Franklin Company
PF. W. Woolworth Company
Gorham Manufacturing Company
Columbus Railway Company
Business mood shows cautious improvement in mid summer
R G Dun & Co weekly review notes general quietness but signs of improvement and growing confidence in the future. Leather demand rises with higher prices, dry hides sell at peak levels, and activity returns in dry goods markets with steady prints and converts for July August.
MENTIONED IN THIS ARTICLE
New York
R. G Dun & Co
Washington
Ae Ang
United States
Canada
Calendar for today dividends payable and close dates
Dividends payable and book closings listed for Lehigh Valley R R Mexico Tramways Utah Cons Mg Utah Power Abi Beagarthyngton Rock sections show ex-dividend dates and payable dates in parentheses and notes on conclusory closing.
MENTIONED IN THIS ARTICLE
Mexico
City of Boston borrows 750000 for anticipated taxes
City of Boston has borrowed 750000 in anticipation of taxes. The note matures about November 1. The borrowing, year, was made from the sinking fund and carried a rate of 4 percent.
MENTIONED IN THIS ARTICLE
Boston
Cohalan Freed From Bribe Plot Charges
Supreme Court Justice Daniel F. Cohalan was exonerated tonight from misconduct charges by the Bar Association of New York grievance committee after a four day trial before Senate and Assembly judiciary committees. Findings were reached by a practically unanimous vote.
MENTIONED IN THIS ARTICLE
Albany
Supreme Court
Daniel F. Cohalan
The
Bar Association of New York
Senate
Assembly
Cohalan Denies Wrongdoing in Political Influence Case
A subcommittee prepares a report for the Legislature on alleged payments by John A. Connelly to Justice Cohalan for political favors. Cohalan claims entrapment and says his motive was to prevent a scandal, as he held Tammany ties and faced election pressures.
MENTIONED IN THIS ARTICLE
Justice Cohalan
John A. Connelly
Victor Heating Company
New York
Connelly
Cohalan
New York City
Victor Company
Sulzer
Bar Association
Supreme Court
Tammany Hall
Charles ¥. Murphy
Tammany
Trade trends mixed as July activity shifts modestly higher
Bradstreet's notes seasonable quiet in large trade and vacation slowdowns offset by brisk holiday demand boosting retail distribution. Wholesale demand rising in dry goods and shoes for future orders, with mixed signals on metal and copper markets and slower collections though bank clearings dip year over year.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Chicago
Boston
Philadelphia
United States
Canada
Washington socialite plans quiet Manchester wedding
Miss Gladys Mildred Munn of Washington D C and Charles Minot Amory of Boston filed marriage intentions. The couple, from two old New England families, plan a private ceremony at a Manchester cottage due to Mrs Munns fragile health and a clash with earlier church plans.
MENTIONED IN THIS ARTICLE
Charles M. Amory
Gladys Munn
Gladys Mildred Munn
Washington, D. C
Boston
City Hall
Charles Minot Amory
Commonwealth Avenue
Washington
Miss Munn
Charles Alexander Munn
Scott Circle
Mr. Amory
Francis Inman Amory
Fleet at wharf includes four swordfishermen and four groundfishermen
The recent vessel fleet at the wharf lists four swordfishermen and four groundfishermen, with Foam among the groundfishermen. Swordfish is plentiful and cheap while large codfish demand wanes. dealers quote Haddock 43.4c, steak cod 71-72c, market cod 63-64c, pollock 41-42c, hake 83-84c, small hake 21-24c, swordfish 9 to 10c.
MENTIONED IN THIS ARTICLE
Haddock
Shipping News Arrived and Cleared at Various Ports
Steamers Belita Karlsen Baness Jolando di Giorgio Egeland and many others arrived July 8 bound for Fore River works or sailors to Boston Philadelphia New York Baltimore and Norfolk. Vessels cleared included Cincinnati Ga and Bohemian while steamers San Jose Belfast and Galew were listed among sailings. Tugs and barges accompanied or ferried wrecking craft as crews reported whale and lobster shipments and cargo operations along New England and Atlantic ports.
MENTIONED IN THIS ARTICLE
Joe Enos
Delphine Cabral
Highland Light
Cabral
Belfast
London
Baltimore
Alfred Gallano
Nantasket
Boston Chamber of Commerce Committee On Maritime Affairs
Pier 4
New Haven
Nantasket Beach Steamboat Company
Lighthouse Department
United States
Department of Commerce
Great Lakes
Salvor
Truro
Lucania
Cape Cod
Norman Ross
Bay State
Gloucester
Grand Banks
Pacific Coast
Belita
Banes
Cuba
United Fruit Company
Jolando
John A. Walger
City
Lord Barker
Nor
Karlsen
Baness
Jolando di Giorgio
Egeland
Port Antonio
Jamasica
Halifax
Hawes
Charlottetown
P. BE
Hawkesbury
C. B
Persian
Page
Philadelphia
Old Colony
Colberth
New York
City of Gloucester
Linneken
Ransom B. Fuller
Linscott
Portland
Cameden
Brown
Kinney
Yarmouth
Malden
Smith
Norfolk
Newport News
Joseph W. Fordney
Keene
Pallas
Provincetown
Charles T. Gallagher
Pierce
Newburyport
Allee
Boxer
Boweden
Cacoosing
Buck Ridge
Glendower
Lynn
Mercury
Wall
Rockport
San Jose
Port Limon
O. R
Kaneawha
Savannah
Reliance
Ipswich
Prince Arthur
Juno
Edwin L. Pillsbury
Charles F. Pritchard
Somers N. Smith
Parkers Flats
Sumner R. Mead
B. Hardwick
Mereghan
N. S
Princess of Avon
Weymouth
Reporter
Sadies
Kimball
Bangor
Georgietta
Sullivan
T. W. Cooper
St. John
N. B
Daniel Bailey
Bayonne
Whitehead
Stockton
Kingfisher
Swans Island
Somerville Voting Strength Rises in Revised Register
The revised Somerville voter register lists 12 452 registered male voters up 0 percent from last year and 1 454 women eligible to vote. Ward 7 has 2 568 voters as the city’s largest ward while Ward 4 has 4 393 as the smallest. Precinct 1 of Ward 6 holds 881 voters and Precinct 4 of Ward 1 has 302 names.
MENTIONED IN THIS ARTICLE
Somerville
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Travellers International Cheques
Baring Brothers & Co., Ltd
Commercial
Foreign Exchange
New York Market
Eeteaee Am Smelt & R
Tel & Fa
At&spf
Stern
Pet Corp Pf
Seeee
Ohio
Bly
Cm&bp
Valley
Nynh&h
NY Ont&w
Nor & West
Nor Pac
Penn
Boston Stocks
T&t
At&t
Seattle
T & Tel
Bos & Albany
Bos & Maine
Georgia Klee Pf
Greene
Hancock Waters
Maine
Nevada
Shannon
Swiftie Co
Aeee
Ory
Teta Salen
Jacksonville, Florida
Pitts Co J
Ba South Pace
Enn Cooper
Utah Cenver
Wis Central
BO Gold
Majestic
Alaska
Anglo Am Oil
Ely Consol
Greene Carneen
Gold Gore
Kerr Lake See
Stewart Bee
Money Markets
Calaveras
Temiskam
Atlanta
Tretay
Blue Bull
Booth
Comb Frac D'fla
Dome
Florence
Hollinger
Gad Ge
Jupiter
Jim Butler
McIntyre
Namara
Pearl L
Midway
Izpah
North Tar
Rea Mines Res Bula
Bel
West Dome
Alta
Beck Tun
Ovens
Crown Pt
Bailey Demijohn
Beaver
Buffalo
Iron Bros
Iron King
King Wm
Pene, Yel
Coniagas
Prine
Kerr Lake
Sioux
Peterson
Ritof W
UN Tintic
Rochester
Victoria
Silver Leaf
Wilbert
Dee
By BE
Rea Hk
State Street
B & Joint
Nyc
Es Western
MK & T Gultus
Ceeigna
Benin
Pas
Puget
Foe
Ged
Bates
Bae Osea
At&sfovtss
Ben
LIM
Boss Erie Cvt
Ie Ro
Pacific
Svebter Sok Beth Steel Rig
So ‘Pacific Ng
Veka
Fort W & DC
Southern
Sadar
Taunt
Ill Steel Debitere
Indiana
Hird
Avadi
És Noyes
Cen RR
Bkg
Ti Union Pac
IntosAt Ag
Ches & O
SEA
Baskiers
CB & Q
Gnl
Laclede Gas
Laclede Gas” Ry Oe Nas
St Louis
Sayre
Sghver
Dun
Eeeweres
Cord High Point
Bent
Lehigh Valley R. R. Inc
Com, & Pref
Ec. Lit. & Pwr
Abi Beagarthyngton & Rock
N. Y
Bradstreet’s
Metal Markets
Chicago Market
Swift & Co
Canal & D
West Stone
Rys Bs
S& M Pf
Il Brick
Iss Chi Tel
K City L
Met el
Morris
Philadelphia Market
Agked
Am Kys
Bay Phila Co
Phila R Tr
Phila T
Buck
Shipping News
Cincinnati
Ger
Schaarschidt
Hamburg
Plymouth
Boulogne
Kanewha
Byrne
Bohemian
Hiscoe
Kanes
Greenbrier
Wells
C. R
St. Pierce Co
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!