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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 16, 1910

Page

12

Market summary shows dulness in New York and Boston

Total sales New York 309800 shares and Boston 21421 shares. Most active issue New York Union Pacific 62500 shares. Boston Lake Copper 4389 shares. Jan 1 to date New York 104084400 shares. Boston 6191619 shares. Last year New York 105458400 shares. Boston 7238928 shares. Gain New York New York Air Brake 214 points to 73. Loss New York International Harvester preferred 944 points to 110. Boston gain Quincy Copper 3 points to 71. Loss Edison Electric 3 points to 257. All money New York 3 to 32 percent. Time money New York 4 to 514 percent, Boston 4 to 514 percent.

New York Boston Union Pacific Lake Copper New York Air Brake Harvester Pfd Quincy Copper Edison Electric

Market Fluctuations Narrow Amid Amalgamated Activity

The market drifted with narrow price moves after a quiet open led by Amalgamated which rose early and closed strong as room traders sold to cap gains. Bears turned bullish on copper but expect a further decline on any rally while unlisted securities show weakness and low appetite for long positions.

Amalgamated New York Africa Newcastle Ss. Sia New York Stock Exchange

Market Reports From The Boston Market July 15

The Boston Market notes price movements for stocks and bonds with totals. Ex dividend trading shown for bonds and listed and unlisted stock volumes. Total sales include 8848 shares of listed stocks and 12,575 shares of unlisted stocks, with bonds totaling $18,000.

Boston

Local Market Slump Shakes Lake Copper Stocks

Mid-summer trading saw Lake Copper fall sharply after early firmness with a 65 point drop from its January high. Afternoon selling renewed, posting a new yearly low at 28 1/2 while the close hovered near that day’s low, signaling continued weakness in Lake Copper and Amalgamated amid local market dealings.

Lake Amalgamated Lake Copper

Notice of Assessment No 3 for Fly Consolidated Copper Co

Fly Consolidated Copper Company announces an assessment of five cents per share on all outstanding stock. Payment to Windsor Trust Company or Gideon Snyder by August 17, 1910, or face delinquency and sale on October 10, 1910, at 2 p.m. at 414 Judge Building Salt Lake City Utah. Secretary Gideon Snyder.

Fly Consolidated Copper Company Judge Building Salt Lake City Utah Robinson Mining District White Pine County Nevada Windsor Trust Company Mutual Life Building New York City New York Gideon Snyder Judge Bldg

McCrum Howell declares 25th consecutive preferred stock dividend

The McCrum Howell Company announces a quarterly dividend of one and three fourths percent on its preferred stock. Payment is to be made in August 1910 to holders of record at the close of business July 23, 1910. Books close at noon July 23, 1910, reopen August 28, 1910. L Preston Gates, Asst Treasurer.

McCrum-Howell Company Park Ave 41St St New York City L. Preston Gates

AT&T Declares 2 Dollar Dividend for 1910 Holders

American Telephone and Telegraph Co. announces a dividend of two dollars per share to stockholders of record at the close of business on June 29 1910. The payment will be made on Friday July 15 1910. William Kr. Driver, treasurer, signs the notice.

American Telephone & Telegraph Co William KR. Driver

Mass Coal and Power Circular Notice by James Shay

Circulation by James Shay & Co at 66 State Street Boston promoting a circular on mass coal and power. Includes for sale of 200 Japstick and 100 human life publishing by James Shay & Co at 60 State Street Boston.

James Shay & Co State St Boston Human Life Publishing

Rumors Flair Over Lake Copper and Cumberland Line Profits

Gossip notes Lake Copper’s 70 percent drop in six months. Prominent investors seek control as others push to regain influence. Shannon strikes in the north spark attention, but higher trade ores may be needed for meaningful profits. Cumberland Telephone earnings rise. May gross up 12 percent, net up 1.5. Dividends surpass 11 million with significant stock dividends to AT&T. Capital stock climbs from 1.7 million in 1898 to about 19.68 million now.

Shannon Cumberland Telephone & Telegraph Company American Telephone & Telegraph Company

Vulture Mines Bulletin Reports New Developments in Arizona

W Spencer Hutchinson reports 1429 feet of new development at Vulture Mines in Wickenburg Arizona. Ore processing through the old stamp mill has treated 4408 tons valued at 2870.38 with 26580.12 in gold shipped. Twenty new stamps 1660 pounds each, 1100 tons daily, near completion. Also notes copper market views and Boston commentary on supply, curtailment impacts, and potential price rise. Edward Slade elected president and director of Massachusetts Coal and Power Company. Lombard Williams named director. Boston Ely Company suspends operations pending engineering guidance.

Spencer Hutchinson Vulture Mines Company Wickenburg Ariz Edward Slade Montreal Massachusetts Coal & Power Company Lombard Williams Boston

Bond Market Notes and Loan Offerings Worldwide

It was announced that the subscription to the 924,400 pound steel company of Canada bond issue offered in London closed Thursday with underwriters taking about 83 percent. New York listings include 478,000 dollars of 4 percent refunding bonds for the St Louis and San Francisco and 1,064,000 dollars of additional 4 percent guaranteed refunding mortgage bonds for the Kansas City Fort Scott and Memphis Railway. Rumor says a 2,000,000 pound Grand Trunk Pacific 3 percent mortgage issue guaranteed by Canada will be issued in London, around 21 1 2 dollars. The City of Philadelphia plans to place a 5,000,000 loan on sale at the city treasurer’s office Monday, with the mayor authorized to heat the loan in any feasible manner.

Itas The Steel Company of Canada London New York St. Louis San Francisco Kansas City, Fort Scott & Memphis Grand Trunk Pacific Tondon City of Philadelphia

Boston curb market notes price swings and gains

Massachusetts Coal & Power led gains with a price climb from 35 to 50 cents before settling at 48 cents. Edward Slade of Montreal was named president and director, aiding the advance. Ely Central Ely Consolidated and Davis Daly showed little change, Calaveras hit a new high of 91 1/4. Fluctuations and total sales are listed.

Massachusetts Coal & Power Edward Slade Montreal Ely Central Ely Consolidated Davis-Daly Calaveras Ahmeek Nevada Algomah Arizpe Bay O Boston Ely Bohemia Boswyocolo Eee Cactus Calaveras Se Vo Ory OM Cortez Davis Daly Domin Syndicate Eagle & Bluebell Goldfield Humboldt King Edward Kruger Laramie McKinley T- Mason Valley Majestic Mollie Gibson Ohio South Lake Queen Yukon

Dividends Declared by Major Corporations

Baltimore and Ohio declares 3 percent semiannual dividends payable Sept 1 to stock of record Aug 1. Havana Electric 144 percent and its preferred at 144 percent, with payments in August to July 23 records. Contagas Mines at 3 percent payable Aug 1 to July 19 records. National Chocolate and Gum at 1 percent payable July 15 to July 2 records. United Dry Goods at 2 percent payable Aug 1 to July 25 records. H B Claflin first preferred at 1 1/4 percent payable Aug 1 to July 25 records. Quincy Gas Electric and Heat 1 percent payable July 23. Sears Roebuck & Co 1 1/2 percent quarterly payable Aug 15 to July 30 records.

Baltimore & Ohio Havana Electric Contagas Mines

Trade outlook and crop trends from Dun's Viewpoint

Dun's Viewpoint New York reports crops may yield over three billion bushels of corn with wheat and cotton uncertain. Retail trade shows strength while wholesale stays weak due to price shifts. Footwear demand improves. dry goods demand rises at primary markets ahead of wholesalers’ semi annual meeting.

New York Dun United States Sterling Exchange Wholesalers’ Association Fall River Boston East Pacific States

Bradstreet's Review: Trade Mixed as Summer Slackness Persists

Bradstreet's review notes quiet trade across lines due to vacations and summer shutdowns with early fall buyers cautious. Trade overall near or above last year, but shipments light where stocks cleared. Money demand firmer interior, foreign exchange weaker, gold imports debated. building trade shows 7 percent spend drop versus 1909. labor more disturbed by clothing maker strikes.

New York

Summer stage and seaside entertainments headline Boston scene

Last two performances of Sapho at the Majestic Theater close today as Boston audiences witness a high quality production. Next week Thelma stars Hunt, and Dixon's The Clansmen comes to the American Music Hall. Keith's features The Maid of Mystery with other vaudeville acts. Bowdoin Square Theatre shows shad ography feats by Holden and LeClair. Globe offers LaRex and other vaudeville novelties. Norumbega Park closes vaudeville this week with Gardner and Stoddard and the Three Dancing Mitchells. Paragon Park fireworks, La Diva Venus, Mile Desmond, diving horses at Lexington Park, and a King Philip ocean trip draw crowds. Gloucester steamers remain popular excursions to the north shore.

Keith Brice and King Dolly Sisters Fanny Fish Waldron Holden LeClair Bowdoin Square Lamont Circus LaRex Globe Austin & Stone’s Museum Norumbega Park Open Air Gardner Stoddard Kessely Mitchells Richards Montrose Fred St. Onge Paragon Park Venus Mile. Desmond Palm Garden Statmary Viennese King and Queen Lexington Park Rustic Theatre

Trade and crop outlook in mid July market review

A market summary notes higher old crop cotton and mixed prices for crops. Linseed and hay rise on damage talk, potatoes priced too low for digging, iron and steel easing. Trade remains tentative awaiting crop outcomes. Canadian trade quiet but improved crop reports boost fall outlook. US business failures rise to 202 that week.

New York Pennsylvania United States

City of Boston Receipts and Payments For June 1910

From figures available yesterday it is learned that the receipts of the city of Boston for June last were 3 493 369 of which 3 050 000 was from temporary borrowings at 3 12 per cent this as compared with receipts in June 1909 of 3 783 814. Total payments for June 1910 were 2 550 644 as compared with 2 759 100 for the corresponding period a year ago. The largest deposits of the city of general funds and trust balances exclusive of sinking fund balances were made with banking institutions a comparison being furnished with the corresponding period last year. Grand total 2 981 4384 2 original text unclear 3 250 057 The sinking fund cash balance June 30 was 1 919 954 an increase of 79 409 over last month.

Boston City of General Funds

Calendar for today in Pacific Coast power listings

The calendar lists today’s divisions and dividends for companies including Pacific Coast Power, Mohawk Magazine, Westinghouse Electric and Manufacturing, American Shipbuilding, Bell Telephone of Pennsylvania, Central Coal and Coke, Consolidated Tracers of New Jersey, Illinois Brick, Mexican Ltd, National Carbon, Pacific Telegraph, Texas Central, Wells Fargo, and Wells Fargo. Entries indicate preferred stock, common stock, and dividend actions with dates and statuses as read from the clipping.

Wells, Fargo & Co West Elec. & Mfg

Keliher Sees Re-Election in Ninth District

Congressman John A. Keliher states the next House will be Democratic and vows re-election from the ninth district. He argues regular Republicans fear insurgents, says his record and leadership will win over voters, and predicts support from past rivals and allies in the fall campaign.

House of Congress John A. Keliher Congresman Likeliher Democratic House Congress Mr. Storrow Fitzgerald

Fumes Kill Hub Chemist in Buffalo Lab Accident

Ci Stone White a 25 year old chemist at the Buffalo Smelting Company was found unconscious in the lab room and died before help could arrive. He had been working with poisonous gases and had risen quickly after graduating from MIT in 1909 and Boston Tech earlier. He was a West Newton Massachusetts native who joined Buffalo after college and showed aptitude for investigative chemistry work.

Buffalo, N.Y White Masachusetts Institute of Technology Bufalo Smelting Company Buffalo

Graft Guilty Forfeit Bail In County Scandals

In Schenectady July 15 the Supreme Court reconvened to sentence six guilty in graft scandals. Three did not appear and bail was forfeited. Named are Dr Charles N VanDenberge former superintendent, convicted of forgery. William J Palmer painting contractor, guilty of grand larceny. George Foster Sauter mason contractor, guilty of grand larceny. Bench warrants were issued for the fugitives and suits to recover from their sureties ordered.

Schenectady N. Y Supreme Court Charles N. VanDenberge William J. Palmer George Foster Sauter van Kirk

Indicts Vail for Forgery in Dutchess Fire Case

Poughkeepsie July 15 The grand jury investigating Dutchess Fire Insurance Company returns an indictment charging president Lewis H Vail with forgery in the third degree The action stems from an insurance department audit of earthquake loss adjustments and related reports to the State Department urged by Superintendent Hotchkiss who had recommended Vail's resignation two months earlier.

Poughkeepsie N. Y Grand Dutchess Fire Insurance Company Lewis H. Vail Hotchkiss State Department of Insurance Vail San Francisco State Department

Cambridge Lemonade Man Is Not Colored

George D Reed runs a lemonade stand at Garden and Mason Cambridge and protests a Post story claiming he is colored He says his mother is English and his father was Indian He denies sole support of an aged mother and cites a working sister The Cambridge Board of Aldermen did not revoke his license.

George D. Reed Garden Mason Streets Cambridge Mary Coes Jean Radcliffe Board of Aldermen Post Reed Mr. Reed Cambridge Board of Aldermen

Also Mentioned on This Page

William E. Soule Quincy T. DeWitt Cuyler New York, New Haven & Hartford Railroad Company J. H. Whittemore Naugatuck, Conn Cuyver Ontario & Western Directorate New Haven Atchison Live Oak Development Company Ioror Genees Boston Clearin Wee Boston Sub-Treasury Credit Ee New York Clearings Leagues Eae Sub-Treasury Frances Tava Pio Livera Ee Esa Wees Muar Aitchison Boston & Alb Fitchburg Gt North Chie & West NY &N A Lilly Old Colony Cal & Hecla Centennial Daly West Elm River la Salle Mass Io Superior Tamarack Uteh Consol Winona Sewer Wyandot Fel & Te NECY Pullman Co Reece Hole United Fruit United Shoe US Steel Gulf O St QI Sky Helvetia Ndiana Oe Isle Royale Lake Coppe Ooo Si North Lake South Swift & Co Comstock Erie Peer Sane Louis Nash Nor & West Nor Pace Penn Phila Co Sp. Cc. & SL Oe Ou Ag L & SE South Pacific Texas Pacific Maryland West Union Westirehouse See Lane British Columbia Arizona Ely Miami Ray Central Union Mines Ae Eee Salt Lake Charles A. Stoneham & Co State Street Beck Tunnel Bullock Pees Reese Colorado Columbus Crown Point Daly Judge Grand Central Lower Mammoth King Coalition South Columbus Sioux Bingham Copper Michigan Walker Boston Stock Exchange Charles Head Henry H. Wehrhane Boston Ely Company NEW York Bonds Grandler Pros Milk Street Feie Adams Express Co Gs & T HSM M&s P Hie & NW St? &T Rie Wen Ceres Ceres C& SL Indos Cererne Vo Io Col Midland del & Hud den & R G Distillers S Ee Ghl Erie Gen Inter RT Inter Met Ava Sake Shore Louis & Nash K & Tex Minn & Ste Nassau el Nis Ist Nygel H&p Ist Nor Pac Orion Ps Wa Ont & Western Pacles & Telos DAL ORY Peo & Eastern Income Stl & SF Ate Watron Coal & Coke Western Union SOO An T & A Westinhhouse Fl West Shore Wiscon Bradstreet’s King Philip North Shore Old Gloucester Gloucester Steel Staunch Atlantic City OF Webster & Atlas Nat Old Colony Trust Coneet State National Veese First National Ostau Nat Bank of Commerce Ney Second National Eee Eee Merchants National Eter Pacific Coast Power Mich State Rel Mohawk Mag Elec Mfg Com Keliher Hub
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