Investment Stocks Rise and Fall in Wide Market Shifts
Investment stocks are sold heavily as prices break sharply with New York Central and Baltimore and Ohio suffering. Turnover shows New York 1014 total, 357 300 shares Boston 15 523. most active NY New Haven 44 000, BN HB 4537. Jan 1 1914 to date NY 40 772 400, Boston 3 007 547. Compared with last year NY 48 330 039, Boston 2 945 483. Notable gains Am Smelting pref 1 to 103 12, losses Buffalo Rochester & Pitts 83 8 to 100. Boston gains N E Tel & Tel 2 to 132, losses New Haven 3 7 8 to 51 1 4. Call money NY 2 12 to 3%, Boston 3%. Time money NY 2 12 to 4 1 2%, Boston 4 1 4 to 5%.
MENTIONED IN THIS ARTICLE
New York
Boston
New Haven
Buffalo, Roch, & Pitts
N. E. Tel
Tel
Alaska
Sc Ae Wea
Smelt & R
Smelt & R Pf
Sugar of
Tees
At&sf
Ohio
Ohio Pf
Roch & Pitts
Roch & Pitts Pf
Cal Pet Corp
Pacific
Cheer «& Sea
Chi M & St P
Erie
Elec Speeveee
Goodrich BF Co
Norf Searere
Ins Co
Inter
Inter-Met P
Int Harvester
Mer Marine
At&t
CB & Q
Adventure Sane
Pneu Pi
Ug Sceseves
Arizona
Bonanza
Bos
Os & Maine
Butte Ballak
Butte & Sup
Cal & Arizona
Cal & Heela
Island Creek
Kerr Lake
Maine Central
New
Ny& Ins
Western Union
Winona Seeteeee
Wolverine
PRR
Nyc
den & R Grig
Ben NY
ETV& Gon
Peoria &Bing
Allegheny Ny
Erie Galien
Ag Bias
Hide & L Motors
T&t Co
T&t
Coer Wiis India
St Linas
R. L. Day & Co
Old Colony Trust Co
Hamilton Manufacturing Co
Middlesex Co
Etree Co
Francis Henshaw & Co
Esmond Mills
P Pewee
Paranee
Pacific Mills Wipe
Boston Library Society
Heywood Bros & Wakef'd Co
Saco-Lowell
Ts Sees
Textile
Paci
Manchester
Lt & Pow Co
Bal & O Cvt
Kghsam
Kan City
City
Steel Ist
Avera
High Point
Weet
Renee Eens
Ceres
Biya City
Mina
Kk & Tr
Texas Co
Paccot
Cees Eeas Callas & Biles
Pril
Union Pac
Vac Pacific
Ches & O
Mob T
CB &Q
C&east Ill
C&nwn
C & Nwn
West Shore
New Haven Shares Drag Down Wall Street In Turbulent Trading
New Haven led a market-wide slide as the stock market faced unsettled trading and demoralization. Boston and New England selling pressures sparked further liquidation, with Union Pacific advancing on a dividend ruling while New York Central and Canadian Pacific hit new lows amid foreign selling. Total par value sales reached $2,025,000.
MENTIONED IN THIS ARTICLE
New York
New Haven
Boston
New England
Interstate Commerce Commission
New Havens
New York, Westchester & Boston
Union Pacific
Baltimore & Ohio Common
Preferred
Canadian Pacific
London
New York Central
United States
Proposals Sought for Sale of Connecticut Valley Lumber 6
The Federal Trust Company trustee invites sealed proposals for sale of Connecticut Valley Lumber Company First Mortgage 6% Sinking Fund Gold Bonds dated 1908. Bids due by August 1 1914 at 3 PM for amount to exhaust about 206 788 84 dollars or part thereof. Rejection right reserved.
MENTIONED IN THIS ARTICLE
Connecticut Valley Lumber Company
First Mortgage
Federal Trust Company
Devonshire St
Boston
Mass
Connecticut Valley Lumber Company First Mortgage
Wall Street Liquidity Triggers Broad Railroad Selloff
A heavy liquidation on State Street toppled many railroad stocks with 3 to 6 point declines in New Haven Canadian Pacific New York Central and Baltimore and Ohio. Union Pacific rose despite market pressure as investors weigh an $82 extra dividend set for July 20 and a possible $32 additional payout.
MENTIONED IN THIS ARTICLE
New Haven
Canadian Pacific
New York Central
Baltimore & Ohio
Steel
Amalgamated
Reading
Union Pacific
Great Northern
Union Pacific Wins Suit Boosts Big Dividend for B&O
Traders push Baltimore and Ohio shares as Union Pacific secures permission to disburse a large extra dividend drawn from B&O issues held in Union Pacific treasury. Anticipation of a $32 per share payout restrains selling, while floating B&O supply rises.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio Common
Preferred
Union Pacific
Baltimore & Ohio
Union Pacific Treasury
Shawmut Bank Tops List as 10th Largest Nationwide
The comptroller reports National Shawmut Bank of Boston as the 10th largest bank in the U S and the largest outside New York and Chicago. Deposits jumped 14.6 million to 98.2 million between March 4 and June 30, 1913, the largest rise after New York leaders except City and Mechanics & Metals. In securities trading, E and T Fairbanks stock dropped to 150, and United States Finishing Co fell to 10 1 2, underscoring market depreciation.
MENTIONED IN THIS ARTICLE
National Shawmut Bank of
Boston
New York
Chicago
Shawmut
National City
Mechanics & Metals of
E. & T. Fairbanks Company
Couny
United States Finishing Company
Copper Demand Drops as Big Buying Fades
The copper market stalls with prices at 135 8 cents per pound and no buyers. Foreign demand plunges after six months of heavy exports. American Telephone stock remains weak amid New Haven concerns and Massachusetts ownership. Lower earnings growth and higher maintenance costs weigh on the telecom group.
MENTIONED IN THIS ARTICLE
New Haven
Massachusetts
Met
Public Service Investment declares dividends in Boston
Public Service Investment Company announces a quarterly dividend of 1.50 per share on preferred stock and a semi annual dividend of 2.00 per share on common stock. Dividends payable August 1, 1914 to stockholders of record July 15, 1914. Stone & Webs transfer agents.
MENTIONED IN THIS ARTICLE
Public Service Investment Company
Stone & Webs
Local Market Sees Mixed Tone as Stocks Dip in New York
Boston market opens with fractional gains but bears dominate as New York selling pressures push several issue prices lower. New Haven falls from 65 3 4 to 49 7 8 and Boston & Maine slips to 32 1 2 as rail stocks slide. Copper shares weaken while elevated issues hold firm with a late rally restoring firmer tone.
MENTIONED IN THIS ARTICLE
Boston
New York
New Haven
Boston & Maine
Seneca Encounters Heavy Ice in Arctic Patrol
The U S revenue cutter Seneca returned to St John’s Newfoundland tonight reporting heavy ice floes and a slight collision with a growler while on ice patrol duty. She pushed toward Greenland to latitude 53 north and is now heading to the Grand Banks with no serious damage.
MENTIONED IN THIS ARTICLE
ST. John’s
N.ff
United States Revenue
Seneca
Greenland
Grand Banks
Bond market slips as Rock Island 4s hit new low
Trading remained moderately active with a generally heavy tone. A new low record was set by Rock Island collateral 4s while Missouri Pacific issues New York, Westchester and Boston 44s and New Haven issues all declined.
MENTIONED IN THIS ARTICLE
Rock Island
Missouri Pacific
New York
Westchester
Foreign exchange markets ease with bankers' trades
The currency market showed softer activity as bankers reported afternoon rates. Sterling was quoted with cables around 4.8755 to 4.8710 dollars, 60 day bills near 4.84 to 4.84, while francs slipped to about 5.167 and guilders around 4.034 after small reductions.
Bond Market Notes Gloucester and Medford Seeks Auction Bids
Gloucester Mass sells ten thousand dollars of sewer bonds with annual 1915 to 1934 redemptions to Merrill Oldham. N W Harris Co invites bids until July 17 for forty seven thousand five hundred dollars of high school and playground bonds 1915 to 1924. San Diego invites bids for one point five million dollars water bonds maturing 1915 to 1954.
MENTIONED IN THIS ARTICLE
Gloucester
Mass
Merrill, Oldham A $S
N. W. Harris & Co
Medford
San Diego
Cal
Dividends Declared by Several Companies
Chief Consolidated Mining Company pays 5 cents per share on Aug. 3 to holders of record July 10. Crown Reserve Mining Company declares 2 percent monthly on Aug. 15 for July 31 records. Federal Sugar Company issues 1 1 2 percent quarterly on July 31 for July 29 records. North American Company declares 1 1 1 4 percent quarterly payable Oct. 1 for Sept. 15 records. Wampanoag Mills pays 1 percent quarterly with a 1 2 percent reduction, payable July 15 for Fall River shareholders.
MENTIONED IN THIS ARTICLE
Chief Consolidated Mining Company
Crown Reserve Mining Company
Federal Sugar Company
North American Company
Wampanoag Mills
Fall River
Trust Company Reaches 3 Million Deposit Milestone
Massachusetts Trust Company celebrates reaching deposits over 3,000,000 since February. President General BE R Champlin hosts a field day at his Rye New Hampshire summer home for about 25 directors, who traveled from Boston in cars for the outing. William B Thompson resigns as director of Consolidated Pacer Mines Company.
MENTIONED IN THIS ARTICLE
Massachusetts Trust Company
BE. R. Champlin
Trust Company
Rye
N. H
Boston Athletic Association
Copper and tin markets show quiet trading on New York Exchange
Copper on the New York Metal Exchange remains dull with spot and September at 13.85 and 13.75, electrolytic 13.26 13.87, Taira casts 13.50 13.62. Tin quiet at spot 31.45 31.55 with ber 31.65. Lead and spelter steady about 4.9 5.05. Antimony and Iron also steady with minor changes.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Taira
Cookson’s
Calendar for Today Payable
A compact calendar item lists payable notes and bonds from Mexican Telegraph at 24 percent, with mention of Brooklyn City Bank, Illinois Brick Manufacturing, Pacific Telephone and Telegraph preference, Union Natural Gas and related financial instruments.
MENTIONED IN THIS ARTICLE
Brooklyn City
B. R. Tllinois Brick
Lt. & Ht. Co. Pac
Tel & Tel
Union Natural Gas
Bacigalupo Named by Attorney General
Ward 6 official Bacigalupo is named assistant to Attorney General Thomas J. Boynton. The appointment places Bacigalupo in a role assisting the attorney general in his duties.
Representative Bacigalupo Named Assistant in AG Office
James J. Bacigalupo of Ward 6, a Democrat and two year House veteran, 30, born in Boston and a Boston University Law School graduate, is appointed assistant in the Attorney General Boynton office likely to work in the inheritance tax department.
MENTIONED IN THIS ARTICLE
James J. Bacigalupo
Boynton
Boston
Boston University Law School
Pardons Revoked for Three Former Prisoners
The Governor's Council revoked the pardons of Reuben R. Jacobs Augustus L. Williams and Frank L. Barrett. The men, released under Governor Foss, must serve the remainder of their sentences after failing to meet imposed conditions.
MENTIONED IN THIS ARTICLE
Foss
Reuben R. Jacobs
Augustus L. Williams
Frank L. Barrett
Prisons and Pardons Tie Early 20th Century Convictions
The report lists several inmates with mixed outcomes: Jacobs received five years in 1911 for receiving stolen goods and earned a March 1913 pardon on a consumption prognosis. Williams, jailed 1988 for robbery, later paroled for good conduct and rearrested for breaking and entering in November. Barrett, sentenced 1909 for robbery, earned a 1911 pardon as justice served and is currently at Deer Island.
MENTIONED IN THIS ARTICLE
Jacobs
New York State
Williams
Wiz
Barrett
Deer Island
Fresh groundfish prices hold steady amid minor cod rise
Fresh groundfish prices remained firm yesterday except for steak cod which edged up in uptown markets. Thirteen vessels arrived with cargoes including haddock, steak cod, pollock and hake while mackerel and swordfish landings were reported. A dense harbor fog delayed ships and repairs were noted on the Elizabeth Palmer and local tugboats.
MENTIONED IN THIS ARTICLE
Haddock
CASE
Eis
L. A. Silva
Thomas
Eee Commonwealth
Sone Genesta
Viking
Thalia
Ees O. Sears
Adeline
Sayer
Geisha
Ethel
R. and
Edwin
L. Fannie
Vesta
Sam and
Priscilla
Mil
Agnes
Bonita
Orion
R. Ray
Corona
Pythian
M. Haskins
G. Simons
Boston
Driscoll’s Landing
Atlantic Avenue
New Commonwealth Docks
Elizabeth Palmer
Castle Island
Lambert's Point
Portland
Baracoa
Cuba
Thorn
Screener
Shipping News Array of Steamers and Tugs Listing
Shipping news reports a fleet including steamers Laconia Irvine Annetta Dukie Sosua Halifax Hawes Prince Arthur Kinney governor Cobb Simpson Hampden Crowley Newton Ab bott Everett Giles Norfolk James S Whitney Crowell Massachu setts Colberth Grecian Hudgins Eureka Benner Herbert Rickes Ipswich schooners Hazel Dell Owen Gloucester Mary E Lynch Whit tier Stonington Abenaki and tugs Murrell Walton along with barges Cassie Hattie Wilkesbarre L W No 12 Upton Prov idence Haverford Sal em Newburyport Par cels Paoli Oliver Newport News and more with multiple arrivals departures and tows noted.
MENTIONED IN THIS ARTICLE
Laconia
Irvine
Liverpool
Queenstown
Annetta
Dukie
Sosua
S. D
Halifax
Hawes
Prince Arthur
Kinney
Yarmouth
N. S
Cobb
Simpson
St. John
N. B
Hampden
Crowley
Newton
Abbott
Baltimore
Everett
Giles
Norfolk
James S. Whitney
Crowell
Massachusetts
Colberth
New York
Grecian
Hudgins
Philadelphia
Eureka
Benner
Newburyport
Herbert
Rickes
Ipswich
Hazel Dell
Owen
Gloucester
Mary E. Lynch
Whittier
Stonington
Abenaki
South Gardiner
Murrell
Walton
Cassie
Fall River
Hattie
New Bedford
Honey Brook
Tingle Port Johnson
Princess
Rockland
James P. Foster, Jr
Provincetown
Mercury
Rockport
Swetara
Enterprise
Eagle Hill
Manheim
Lackawanna
Pequest
Waverly
Mars
Ontario
Portland
Morrisburg
Charles P. Greenough
Bath
Flora
Paol
Also Mentioned on This Page
Sollers, Phillips & CO. Investment Securities
Devonshire Street
New York Market
Municipal Railroad Public Utility
Halsey & Co., Inc
Congress Street
J. H. O’neil
United Cigar Stores Co
United Fruit Sharing
Hegeman
Jones & Baker Stock Brokers
Exchange PI
Plymouth RuBber CO
Earnest E. Smith
Devonshire &T
Boston Stocks
State Street
Bears
McReynolds
The
Big Four
Shawmut Bank
Ashtabula
Elgin & Chir
Neem Ween
Adele Nee
Bangor & Aroos R
Sea
Birm
Wat Co
Butte Water
Canton Elec
Low Spring Ry
Concord & Mont R
Canton Akron Ry
City Austin
Tex
Dayton Lighting
Denver UN Ways
Ellicot Square
Evansville
Elec Ry
Great West Pas If
Muanajuato P & Elec
Ind & Col East Tract
Go Lackawanna C
Ogdens & Lake Champ Ry
Corpus
St Joseph
Swift & Co
Utah L & P
Vincennes
Ind
Wichita
Kan
Free York Haven
Cames Eeweae
Am Glue Pf
aAm Invest
Arlington Mills
Am Pub Util Pf
Berlin Mills Pf
Bangor Ry & el
Bangor & Elecseeeeee
Central Maine Power
Coal Lands Securities
Coastwise Transportati
Dayton P & L
U S
Wamsutta Mi
Serene W L Douglas
American Telephone
Bangor Rwy & Elec Co
Commonwealth Pwr Rwy & Lt Co
Jom
Pwr Rwy & Lt Co
Isa
Cumberland Co
Pwr & Lt
Pwr & Lt Co
Consumers Pwr Co
St Louis & Sub Co
FE St Louis & Sub Co
LA & W St
Springfield
St Jos Ry
Ht & Pwr
Pwr
Chattanooga
Columbus
St Louis
Suburb
Lewiston Bruns & Es
Michigan Ry Co
Portland & Cape Elz
Portland Ry & Lt
Public Service of N ‘i
Tenn Ry It & Pwr Co
Union Ry Gas & Elec
Miami
Nat Biscuit
Nevada
Nynh&h
NY Ont & W
Nor Pac
Noré& Wes
Penn
Pcc&sl
Pitts
Replé& S
Rumely Co
Sears-Roebuck
South Pacific
South Ry
Ca the A Co
Ann City
Utah
West Union
Westinghouse
Woolworth
Bay State Gas
Buffalo
Butte & London
Haass
Calaveras
Caribou
Crown Reserve
Eagle & Blue Bell
Humboldt
McKi Y Dar
Nevada Doug
Industrials
Riker & Hogeman
Way Oil & Gas Wi
Willys Overland
Braden Copper
Stewart Devs Eee
Standard Oil
Anglo- American Oil
Atlantic Refining Borne-Scrymser
Buckeye
Cheseborough Mfg
Colonial Oil
Continental Oil Eeeree
Crescent
Cumberlan
Galena Signal Oil Com
Indiana
National Transit
New York Transit
Esse Ee Aes
N. Y
Swan & Finch Rte
Union
Washington Oil
Wosnosevere
Bae Fos
Oseeene Ee
Close
Prey
York Serene
Money Markets
Aes
Neaess
Sock
Suman
Treasury
New Oak
Willaim B. Thompson
Consolidated Pacer Mines Company
Metal Markets
Mexican Telegraph
Bacigalupo
Ward 6
Thomas J. Boynton
James J. Baci
Galupo
George P. Hudson
Middlesex
James Durie
United Fruit
Annette
Long Wharf
George S. Dale
South Carolina
Edison Light
Torrey
Boston and Virginia Steamship Company
Sewall
Government Life Saving Station
Thompson's Island
Life Station
Shipping News