Markets Display Points In Yesterday's Trading
Morning market figures show total sales in New York 234,500 shares and Boston 28,230. New York most active issue Steel common at 55,400 shares. Boston most active Isle Royale at 5,395. YTD totals New York 74,147,229. Boston 7,267,668. Compared with last year New York 55,038,700. Boston 3,630,050. Notable gains include American Snuff in New York and Wolverine in Boston. losses list Inter. Paper pro. and Island Creek common. Call money New York 23.75 percent. Boston 31/2 to 4. Time money New York 31/4 to 41/2. Boston 4 to 5.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Isle Royale
Inter
Paper Pro
Wolverine
Island Creek Common
New York Market Sees Dull Trade Yet Firm Tone
Stock market gains early strength on crop news steel demand and monetary ease. Amalgamated Copper stays strong, Steel Corporation plans to boost efficiency with large spending. Foreign exchanges offer little support as London weakens and Bank of England reports lower reserves. Bond values steady with no notable features.
MENTIONED IN THIS ARTICLE
New York
Stee
Amalgamated Copper
Steel Corporation
London
Bank of England
Bank of France
United States
Copper Market Report Reflects Strong Boston Trade
The Boston market showed broad strength with Isle Royale and Lake trading up to 36 as copper prices firmed in London. Analysts note copper's rise since last fall outpaced by copper share gains, suggesting current share prices may be undervalued if copper sustains around 17 cents.
MENTIONED IN THIS ARTICLE
Boston
Isle Royale
Lake
London
Boston Stock Exchange
Local curb trading shows moderate activity across firms
Trading activity on the curb was moderately heavy with Corbin Copper, Lion Hill and Ely Consolidated as the salient participants. Detailed quotations follow.
MENTIONED IN THIS ARTICLE
Corbin Copper
Lion Hill
Ely
Philadelphia Stocks Rise and Fall in Varied Trades
Philadelphia stock list shows mixed activity with gains for some issues and declines for others. Notable entries include Cambria Steel, Storage Battery, Lehigh Nay, and Red Transit with varying percentages, while several smaller names display minor moves.
MENTIONED IN THIS ARTICLE
Amer
Baldwin Ptd
Cambria Steel
Phila
Electric
Storage Battery
Tonvopabh Belmont
Towepen Mining
Lehigh Valley
Red Transit
Trafs
Lion Tract
Lehigh Nay
United Bayad
Seein
State Street Topics on Steel Amalgamated Copper and Utah Copper
Market notes indicate Mass Gas earnings strong with $2,000,000 in dividends and steel at 70 yielding 7 percent. Amalgamated Copper maintains $4 annual dividend with 13 year record. Shannon Copper divisional plans eyed for August. Utah Copper and Nevada Consolidated post six months gains of about 17 and 15 percent respectively.
MENTIONED IN THIS ARTICLE
Utah Copper
Nevada
Utah
Burrowes Company leadership shifts in Portland Maine
Edward T. Burrowes retires from active management as J Frederick Cox of Hartford is elected president and general manager. Charles A Worthington and J. Frederick Cox are named directors. Williams shaft at Iron Cap Copper is overhauled as development planned. Nevada Douglas reports May profits over $51,000 with production above one million pounds. Boston Curb lists 1,065,051 Nevada Hills Mining shares for trading.
MENTIONED IN THIS ARTICLE
Edward T. Burrowes
E. T. Burrowes Company
Portland
J. Frederick Cox
Hartford
Irggn Cap Copper Company
Iron Cap
Nevada Douglas
H. C. Joy
Nevada Douglas Company
Salt Lake City
Boston Curb
Nevada Hills Mining Company
George Wingfield
Goldfield Consolidated
Metal market quiet as New York exchange shows little change
A quiet trading day on the New York Metal Exchange with prices nearly steady from Wednesday. Copper, zinc, lead, and spelter all held firm with small bid ask spreads. electrolytic copper at 17 to 17.5 cents, lake copper 17 to 17.5 cents, casting 16 to 16.0 cents. London market quotes show copper at 76 shillings per ton with 800 tons traded, lead at 18 shillings 1d, and minor activity in other metals.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Metal Exchange
Apot
Eesseese
Tuyneesessees
London
BP Ste
Grain Markets Hold Steady Amid Mixed Wheat Rallies
July 18 market shows fair openings with no strong demand, prices slide to new lows as liquidation resumes. Northwest weather in Canada and U S favors crop filling, frost fears in Manitoba fade, Nebraska sees rain. new wheat offerings rise with year end receipts expected, movement remains late and below last year.
MENTIONED IN THIS ARTICLE
Manitoba
American Northwest
Nebraska
Dividends Declared by Multiple Firms for August Payments
The Pacific Bank regular quarterly 2 percent dividend payable August with books closed July 16 and reopen August. Julius Kayser Co. regular quarterly dividend per share payable August. Pacific Power & Light quarterly 18 percent? dividend payable August. Greene Consolidated Copper Co. 40 cents per share on August 30. Bourne Mills 1 percent quarterly payable August 1 to stock of record July 17. St. Louis Iron Mountain & Southern 4 percent annual dividend. Mexican Petroleum Co. 1 percent quarterly on common stock payable August 25 to stock of record July 31. Monongahela Valley Traction Co. semi annual 2.5 percent on preferred stock payable August 1 with books close July 25 and reopen August 2. Harmony Mills 1.5 percent quarterly on preferred stock payable August 1 to stockholders of record July 25. Amalgamated Copper Co. $1 a share quarterly payable August 26 to holders of record July 7.
MENTIONED IN THIS ARTICLE
Pacific Bank
Rae
Julius Kayser Co
Pacific Power & If T
Gervene
Reco E Greene Consolidated Copper Co
BO. Bourne Mills
St. Louis
Iron Mountain & Southern
Mexican Petroleum Co
Monongahela Valley Traction Co
Directors of the Boston Bank Board Listed
Directors named include C. H. W. Foster as President E. D. Codman as Vice President W. B. Crane W 8 Crane Alexander H. Ladd George V. Crocker George W. Cobb and William H. Stickney serving as Cashier at the institution.
MENTIONED IN THIS ARTICLE
C. H. W. Foster
E. D. Codman
W. 8. Crane
Alexander H. Ladd
George VU. Crocker
George W. Cobb
WM. H. Stickney
Daily Bond and Stock Calendar Highlights
Ex dividend listings include Butte Flee Power pfd Central R R of New Jersey Commonwealth Pwr Ry and Lt pfd Homestake Mining Inter Steam Pump pfd Loose-Wiles Bis 2d pfd Louisville and Nashville Milw Elec Ry and Light pfd Nash ChattandStLouis Pacific Coast Co common 1st and 24 pfd Penmans Ltd pfd Railways and Canal and Brookside Imp.
MENTIONED IN THIS ARTICLE
Torington
Br, & Canal
Reaky Imp
Resignation A Pratt Andrew Attacks Taft Treasury
Dr A Pratt Andrew, who resigned as assistant secretary of the treasury, publishes charges against Secretary Mac Veagh. He asks President Taft to release a description of conditions in the Treasury Department written by a high official ten weeks before his resignation.
MENTIONED IN THIS ARTICLE
Gloucester
A. Pratt Andrew
Andrew urges public release to clarify treasury controversy
In Washington he cites despatches and letters from treasury officials linked to his resignation angst with Secretary MacVeagh. He insists no named figures contradicted key statements and accuses silence of Murray and McClung as revealing character. He urges Taft to publish a prior Treasury description to complete the record.
MENTIONED IN THIS ARTICLE
Washington
Treasury
MacVeagh
Treasury Department
Lawrence O. Murray
Lee McClung
United States
Downpour Shortens Tremont Beacon Outing for Women
Women janitors and cleaners from Tremont and Beacon buildings and their children planned an annual Lake Massappas outing at Sharon Heights. A heavy afternoon rain storm after dinner halted the sports program, ending the one day event early.
MENTIONED IN THIS ARTICLE
Tremont
Beacon
Lake Massappas
Sharon Heights
Allen Confirmed as Assistant Treasury Secretary
The Senate confirmed Sherman P. Allen of Vermont as assistant secretary of the treasury to fill the vacancy from A Piatt Andrew's resignation.
MENTIONED IN THIS ARTICLE
Washington
Senate Today
Sherman P. Allen
Vermont
the Treasury
A. Piatt Andrew
Bond Market Highlights From Maryland to Ohio
Denison firm wins $50 000 Anne Arundel county bond. Bodell offer first mortgage gold bonds for Northern Illinois Light and Traction at 5.85 percent yield secured by Western Railways and Light. Northwestern Ohio Company authorized to issue 1.3 million dollars in first mortgage 5 percent gold bonds.
MENTIONED IN THIS ARTICLE
Northern Illinois Light and Tractio
Western Railways and Light
ANW
Co. F. Denison
Anne Arundel County
Maryland
Bodell & Co
Northern Illinois Light & Traction Company
Western Railways & Light Company
Northwestern Ohio Company
Dividend Notice for River Gas Works Co in Fall River
Fall River Gas Works Co declares quarterly dividend of 3.00 per share payable August 1, 1912 to stockholders of record at close of business July 20, 1912. Stone & Webster, Transfer Agent.
MENTIONED IN THIS ARTICLE
River Gas Works Company
Stone & Webster
Transter Ager
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