Dumb Market Stagnation Persists Amid Heat Wave
New York and Boston stock totals show minimal movement with total sales to date reaching 54,397,400 shares in New York and 3,578,899 in Boston. Illinois Central and Louisville Nashville actives lead gains, while grain options rise and cotton dips as traders await crop signals.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
American Telephone
Illinois Central
N. E. Cotton Yarn Pfdl
Granby Consolidated
Louisvile & Nashville
Wall Street
Supreme Court
Ex change Trust names four directors in market wrap
The Exchange Trust Company announces Charles I Proctor William H Hill Charles H Innes and Isaac H Locke as new directors. The market notes report Old Dominion has opened ore bodies on 1400 and 1600 foot levels with high grade copper ore and plans to sink to 1800 feet. Senator W A Clark approves a 1250000 smelter for United Verde in Verde Valley with 5000 tons daily. briquettes from R I Coal Co tested for South Station switching. Field & Fay issue a Porcupine district map. William J White admitted to Boston Curb Exchange. Fire reports in northern Ontario raise Porcupine stock fears but mining remains steady.
MENTIONED IN THIS ARTICLE
Old Dominion
West Country
United Globe
W. A. Clark
United Verde
Verde Valley
Atchison
H. M. Whitney
New Haven
R. I. Coal Co
South Station
Market Bulletin Reports Telephone Rights Boost and Copper Move
Brokers praise a potential American Telephone Company stock offering as rights trading strengthens. Eastern Steamship hits a new high near 92.34 while China rights show activity and Copper remains under note.
MENTIONED IN THIS ARTICLE
Boston News Bureau
American Telephone Company
Glad
East Butte
Eastern Steamship
China
Mohawk cuts dividend to three quarters per share
Mohawk reduces its dividend from $1 to 75 cents per share though stockholders show no anxiety. The company has paid $21.50 per share to date and the 75 cent payment raises total disbursements to $2,325,000.
MENTIONED IN THIS ARTICLE
Mohawk
Los
Champion Copper converts to new Maine firm for stock exchange
Champion Copper Company stockholders are urged to swap old shares for new Champion Copper Co shares. The new Maine corporation, with two million shares and no bonds, plans to acquire the mining asset by mortgage payment and then operate with working capital. Exchange requires blank endorsements, a subscription form, and a three cent per old share payment by August 1, 1911.
MENTIONED IN THIS ARTICLE
Newse Corporation
Old Corporation
Theew Company
Thomas A. Maloney
Congress Street
Boston
Mass
Saie
New Corporation
Eall
Samueli
Littlefield
Arthur M. Cripps
Benjamin B. Earl
Boston Curb Market Sees Small Gains and Losses
Yesterday's curb market session was quiet but notable with Porcupine Milling at a new high of 50 cents and Rhode Island Coal dropping to 13 4. Van Horn issues, Raven, Amalgamated Nevada, Corbin and First National also shown, price changes were modest and summarized in the detailed list.
MENTIONED IN THIS ARTICLE
van Horn
Rhode Island Coal
Raven
Amalgamated Nevada
Corbin
First National
Rhode Island
Hawaii public improvement bonds offered for bidding
Proposals open in New York and Honolulu until July 27 for up to 1 500 000 dollars of 4 1 2 percent Hawaii public improvement bonds dated Aug 1 1911 and maturing Aug 1 1941 with redemption after Aug 1 1981. Winthrop Massachusetts is granted a 20 000 dollar temporary loan at 3 60 percent discount to First Ward National Bank of Boston. Lexington Massachusetts sells 10 650 four percent bonds maturing 1912 21 to Adams & Co at 101 41.
MENTIONED IN THIS ARTICLE
Hotchkin & Co
State St. Boston
Ask
Amer
Arlington Mills
Babcock & Wilcox
Bigelow
Borden's Milk
Pope Mfg
Stafford Mills
Syracuse Rapid Transit
Underwood Typewriter
United Cigar Mfg
Ae Union Typewriter
U. S
Atl Ta, Birm
Ae Canton New Phila
Eastern Steamship
Hudson Riv
RS Ind. Col & East
BOL Pere Marquette
Roch, Syr & Ebs
Toe
Swift & Co
U. S. Env
Winthrop
Mass
First Ward National Bank of Boston
United States Mortgage & Trust Company
New York
Honolulu
Hawaii
Territory of
Lexington
Adams & Co
Giroux Ce Beowsons
Ney Meisinley
Utah M & 4
Nip Mines Co
New Steel
Massachusetts
Bunker Hill
India Wharf
Boston
Maine
Indian Wharf
Dividends Declared by Several Corporations
Mohawk Mining declares semi annual dividend of 75 cents with record date July 26 and payment August 10. H B Claflin Company pays quarterly dividends on preferred shares 1.25 percent and 1.5 percent with record dates July 24 and payments August 1. Jacksonville Traction issues 1 1 2 and 1 3/4 dollar quarterly dividends to preferred and common stock with respective record dates July 17 and July 11. United Dry Goods issues 2 percent quarterly on common stock with Aug 1. Pacific Coast Company pays 1 percent first preferred and 1 1/2 percent second preferred with books close July 21 and reopen Aug 2. common at 1 percent with August 2 close. Crown Reserve Mining Company pays monthly 2 percent and 3 percent extra with record date July 31 and payment August 16.
MENTIONED IN THIS ARTICLE
Gulf
CB & Q
Atchison
Bos Elevated
Bos & Albany
Fitchburg
NY É&Nh
Thion Pacific
Ate&sf
West End
Atla Line
Balt & Ohio Setae Iti
Beth Steel Mk
BRM
Butte Coalition
Cal & Arizona
Butterick
Can Pacific
la Greene
Ches & Ohio
Mohawk
Cme&sp
Nevada
CNW
North Butte
Utah
Town
Lehigh Valley
Louis Nash
Georgia
Seattle
NH & H
Swift & Co
Nor & West
Torrington
Nor Pac
United Fruit
United Shoe
US Steel
Ray Consol
Rock Island
Sl&s F
ATL
Zjne
Railway
East Butte
Giroux
Texas Pacific
Astaces
Hancock
Texas Co
Indiana Oe
North Lake
Mason Valley
U S Steel
Ojibway Hh Bey Ty
Aly Ay
Utah Copper
Irel
Westinghouse
Apex Seas
Crown Chartered
Foley O'Brien
Hollinger
Wees
Northern
Pearl Lake
Porcupine Gold
Vipond
Preston East Dome
Tisdale
United Oe
West Dome
Ce Milling Oe
Mohawk Mining Company
H. B. Claflin Company
Jacksonville Traction Company
United Dry Goods Companies
Pacific Coast Company
Crown Reserve Mining Company
Boy Dies After 145 Foot Fall From Palisades
In Edgewater New Jersey on July 12 17 year old William Klemm lost control of his bicycle and plunged 145 feet over the Palisades to the rocky shore. He was found alive but badly crushed and not expected to survive.
MENTIONED IN THIS ARTICLE
Palisades Edgewater
N. J
Aidin
Willam Klemm
Wanted Whitney as Head
Testimony in a fraud case involving Warren B Wheeler and Stillman Shaw covered unsuccessful efforts by Newell W Bloss to persuade Henry M Whitney to become president of North American Rubber Company. Commissioner Hayes presided at the continuation of the hearing.
MENTIONED IN THIS ARTICLE
Newell W. Bloss
North American Rubber Company
Henry M. Whitney
United States
Hayes
Warren Bb. Wheeler
Stillman Shaw
Bloss Testimony On Rubber Stock Investment Details
Bloss testified for three hours under cross examination by Attorney W G Thompson. He discussed letters to defendants and to Henry M Whitney about the rubber company. Bloss claimed the firm could produce two grades at 40 and 50 cents per pound while selling for a dollar.
MENTIONED IN THIS ARTICLE
Bloss
W. G. Thompson
Henry M. Whitney
Mr. Whitney
Interest Grows Around Rubber Substitute Venture
Witness letters show strong support for the rubber substitute project. One lender notes a $100000 loan and stock loans totaling $250000 to $300000 to the five-person group in charge. A February 1910 letter urged a company loan and a $2000 dividend for interested parties.
MENTIONED IN THIS ARTICLE
Witness
Wheeler
Poor's Manual of Railroads for 1911 Issued
The 44th annual Poor's Manual of Railroads for 1911 unveils a 2690 page text with over 2800 pages including indices. It lists railroads and street railways in the United States and Canada and notes industrials are covered in a separate volume. December 31, 1910 US steam mileage stood at 242,107 miles, up from 238,356 in 1909. Gross earnings for 1910 reached 2,804,580,939 dollars, up 291,868,176 from 1909.
MENTIONED IN THIS ARTICLE
Poor's Manual of Railroads
United States
Canada
Mexico
Cuba
Philippines
Poor's Manual of Industrials
Paymaster's Clerk Pleads Guilty to Larceny
Edward Valentine Lee former paymaster's clerk of the battleship Georgia pleaded guilty to larceny after absconding in Havana last February with 46000. He was sentenced to five years in Atlanta federal prison and fined 5000. The next Sun Magazine features the melody Old Folks at Home with a Walter Biggs painting.
MENTIONED IN THIS ARTICLE
Jamestown
N. Y
Hbdward Valentine Lee
Georgia
Havana
Atlanta
Post
Walter Biggs
Also Mentioned on This Page
William E. Soule
Oston
Bankers’ Sterling
Reichsmarks
Panos
Charles I’. Proctor
William H. Hill
Charles H. Innes
Isaac H. Locke
The
Exchange Trust Company
Field & Fay
State Street
Porcupine District
William J. White
Lithgow, Maher & Co
Boston Curb Exchange
Ontario
South Porcupine
Cochrane
Pittsville
Une
Sil
Tae Aees
Ste Eee Rune
Yreree Ae Dol
Dee
Do Central Ae
Waee Tees
Chi & Gt West
Chi Bur & Qy Joint
Chic & N W
CRI& P
PM & M
Col
Southern Ist
del & Hui
den & Rio
Erie
Houston
Pa Cony S Fund
Kan City South
Lake Shore
Minn & St LU
Mo Pacific Ss
Nash, Chat & St L
Nassau
Nat Enam & Stpg
C & St L
Nygelh&p
Nor & West Poe
Nor Pacific
Pac Tel
Tel
Penn
Tex & Pac Ist
UN Pac
Maryland
Munipal
Panama
Salt Lake
Charles A. Stoneham & Co
Columbus Consolidated
Crown Point
Grand Central
King
Chicago
Broad Street
Reading and
OTOR
Ohio Corporation
Secur Vent
J. Thomas Reinhardt
Devon Oston New
Alaska Bend
GEO. W. Sias
GO State
ST. Sk
Brooklyn-Arizona Mining
Creeey
Oxford Linen
Crowther Oil
K. E Long
State St
Brooklyn-Arizona
Oxford Linen Mills
King-Crowther Oilerevupine Consolidated Gee Shay & CG
OO State Street
Ome
P.u
Bo Ton
William A. Paine
Warren H. Merritt
Valdez Creek
Alaska
Tammany
Bench Creeks
Bay State Gas
Bohemia
Boswyocolo Penne
Cactus
Eeee
Calaveras S
Arizona Seas
East Dome
Houghton
Roger
TSS Laramie
Eeeere
Douglas
Marconi
Brooklyn
Arizona
NEW York Bonds
Chandler Bros
Armour Art & S
Pitts L S&w Va
Chem Steel
Vit Gas & Elec
Nt Leather
Ies
Ohio
Ich & Cal & Ene
Che
Theatres
B. F. Keith
Meistersingers
Erin Nellie Elliott
Bert Fitzgibbon
Ethel MacDonough
Edwin Holt
George Ade
Majestic Four
Patty and
Desperado
Field Bros. Overture
All Star Minstrels
Blamphin
Hehr
Macginleys
Zaza Lindsay Morison Stock Co
Boys of Co. B
Matinee Today
Castle Sq. Pri
John Craig
Mary Jane’s
Ndown-Town
Winter St
India
Loew’s Orpheum
Art. & Eve
Eganpervice
St. Louis
Wright & Ditson's
Burke's
Adams House
Cashin'’s
Young's and
Parker's
Spalding’s
Gloucester
North Shore
Cape Ann
North Side Central Wharf
Merchant, Man
Boston & Gloucester Steamboat Co
Washington St
Rolley
NEW England Street Railway Club
Provincetown
Pilgrims
Sernes Place
Dorothy Bradford Bay
Cape Cod
Atlantic Ave
S. A. Moody. Mer
Plymou
Setty Alden
Rowe’s
Tana
Otis Wharf
Bass Point
Pier
Cean Plier
Revere
Poor’s
Edward W. Olson
King Philip
Steawver
Sorenson
Central Wharf
Middle Banka
Pase Dept
B.& N.st.br.co
Wash.St
Providence
Colonial Line
Washington &I
Fort Hill
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