Bond Market News Highlights Various Securities Offerings
Hawley and Alfred offer the unsold balance of 500000 6 percent cumulative preferred stock of Mc Henry Distilling. Stockton Gas & Electric calls for redemption of all 25 year 6 percent first mortgage bonds. North Plainfield New Jersey re advertises 18000 four and one half percent school bonds for July 29. Massachusetts borrows 3000000 in anticipation of taxes payable late October and early November. George H Burr Co offers 500000 five percent 25 year gold bonds of Cumberland Telephone and Telegraph Company Nashville Tennessee secured by company property subject to a prior mortgage of 745000 on Evansville Nashville and Memphis properties maturing in five years. For year ending December 31 1911 the company's net earnings applicable to bond interest were 2474578.
MENTIONED IN THIS ARTICLE
George H. Burr & Co
Cumberland Telephone & Telegraph Company
Nashville
Tenn
Evansville
Memphis
Copper market gains boost New York metal trade
The article notes a surge in copper prices in New York for September delivery and cites supportive quotes across copper types including electrolytic and casting. It also reports firm leads on zinc and antimony, with London market quotations showing copper near daily highs and futures activity in copper, lead, and tin.
MENTIONED IN THIS ARTICLE
Dniv
Hid
Ecb Akan
LEATY
ITO
Crtodep Sc Cas
Lake
Cookson’s
Northern
Southern
London
Philadelphia Stocks Dated July 22 Market Snapshot
A summary list shows Am. Cities at 5 1 2 percent, Cambria Steel around 4 1 2, Philadelphia Electric near 2, Storage Battery about 5 and a half, Ponopah Belmont around 6 1 2, Tonopah Mining 15 16, Lehigy Valley and Rapid Transit values noted, Lehigh Navigation and Lehigh Valley Transit steady, United Gas around 88, Lake Superior 88, Asphalt 20, and Philadelphia Co. around 2 for common and preferred issues.
MENTIONED IN THIS ARTICLE
Cambria Steel
Philadelphia Electric
Ponopah Belmont Uignday
Tonopah Mining
Lehigy Valley Soosasing
Voaud
Vsaldls
Union Traction
Lehigh Navigation
Lehigh Valley ‘Transit
United Gas Ssia
Lake Superior
Philadelphia Co
T&t
At& SF
Beth Ee Eee
Beth Steel
Bklyn RT
Bklyn U Gas
Can Pacific
Erie
Goldfield
Int
Agr Corp Pf
Vila Wil
Ins Cop Co
Int Harvester
Ehigh Valley
Liggett & Meg
Lonllard Co
Loose-Wiles Co
Loose-Wiles
Louis Nash
Mackay
Mex Pet Co
Miami
Mss && Ssm
Nat Biscuitess
Nor & West
N J
Rock Island
Estneey, Co
Sears-Roebuck
South Pacific
South Ry
St Lou & Sn
Studebaker
The
Texas Co
Sl& W
S&w Pf
Union Pacific
U S Steel
T& SF
Gulf
West T & T
Ahmeek
Algomah
Allouez
Aia
Balg
Arizona Com
Atchison Cet
Bos & Maine
Bos & Maine Pf
Butte & Sup
Cal & Arizona Tones
Cal & Hecla Sewee
Centennial
Chino Wet Ee Eee
Hancock
Hedley Gold
Indiana
Island Creek
Isl Creek Rts
Isle Royale Rete Eee
Bols
Wea
Mergenthaler
Miami Cop
Mohawes
New Arcadian Beeen
Ae New En i
Shannon
Sup & Bos
Lighy
Superior
Swift & C
Tamarack
Bly
Utah Consol
Utah Cop Co
West End Eee
Wolverine Dant
Dividend notices from Public Service Investment Co
Public Service Investment Company in Ston Massachusetts declares 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 are payable August 1 1912 to stockholders of record at close of business July 15 1912. Webster Transfer Agents.
MENTIONED IN THIS ARTICLE
Preferred Capital
Common Capital
Public Service Investment Company
Webster
Transfer Agen
Stock Market Snapshot of New York and Boston
Bullish interests show strength as total New York sales reach 74 499 629 shares and Boston 7 311 856 shares from Jan 1 1912. Most active issues include New York Steel common and Boston Amalgamated with sizable volumes. Notable gains and losses feature Liggett Myers and Amheek, with call and time money quoted in both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Amalgamated
Liggett & Myers Common
International Steam Pump Ptd
New Slaven
Ahmeek
Stock market opens with mixed gains and steel under pressure
New York trading begins with hints of improving general conditions but fades as United States Licel Union Pacific and Reading drift lower. Steel leads selling after a fractional rise amid uncertain steel report expected from the Stanley committee. Tobacco shares rise 2 to 7 points but overall market remains cautious with steady government bonds and unchanged U S Treasuries.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
United States Licel
Union Pacific
Reading
Steel Corporation
Stanley Committee
Chicago
Jondon
Berlin
London
Italy
Bank of England
United States
Oem
Reese Enne
Canadian Pacific
Sore Ee
Chesapeake & Ohio
Ventevrpenheree Hs
Erie
Missouri
Kansas &Texas
New York Central
Norfolk & Western
Ontario & Western
Southern Railway
Cereres
Southern Pacific Sewer
United States Steel
United States Steel Pf
Wabash Pf
Boston Market Fluctuations Mark Copper Stock Trading
Local stock trading July 22 shows narrow, firm tones with confidence among skeptical investors. Arizona Commercial sustains price strength amid steady buying in stock and bonds as Arizona 6s rise to 86 1 2, while Amalgamated gains later retreat on overzealous early trading before London metal price news is absorbed.
MENTIONED IN THIS ARTICLE
Boston
Arizona Commercial
Arizona 6S
London
Boston curb stocks drift in three issues
Trading in local curb stocks centered on Nevada-Douglas Ohio and Consolidated Arizona with only minor price changes observed yesterday.
MENTIONED IN THIS ARTICLE
Nevada-Douglas
Ohio
Consolidated Arizona
Consolidation planned for Boston banks Fourth National and Atlantic
A formal meeting will ratify the consolidation of the Fourth National Bank of Boston with the Atlantic National Bank. The merged bank would have about 1.5 million capital and 1.275 million in surplus and profits, with a projected 14 to 15 million in deposits and a two thirds share for Fourth National.
MENTIONED IN THIS ARTICLE
Fourth National Bank
Atlantic National
Atlantic National Bank of Boston
Fourth National Bank of Boston
Fourth National
Boston
Cotton Markets July 22 Open Lower With Decline
Liverpool opened lower and fell 10 to 11 points from Saturday's close. Buyers and covering shorts, plus traders selling in Liverpool, trimmed contracts and steadied the market. October showed steadiness, trading near December and sometimes even.
MENTIONED IN THIS ARTICLE
Liverpool
Chicago
Cesnes
Eaee
New York
Minneapolis
Eae
Duluth
St. Louis
Kansas City
Ceessee
Toledo
Seeae Oe
Detroit
Seer
Calendar for Today Ex Dividend Reading Co and Other Stocks
Stock books closing and opening dates listed for meeting assessments and rights. Companies include American Locomotive pref, Chicago Milwaukee St Paul, Minnesota St Paul and Sault Ste Marie, New England Tel and Tel with dates ranging August to October.
MENTIONED IN THIS ARTICLE
Amer
Tobacco issues lead market gains in New York trading
The Bond Market report notes strong demand for Virginia deferred 6s and firm action in New York Railways 5s St Paul and Atchison convertibles. Wabash 4s1/2 faced a minor pullback amid a varied session in New York July 22.
MENTIONED IN THIS ARTICLE
Virginia
New York Railways Adjustment
St. Paul
Atchison
Wabash
Dividends Declared By Several Firms This Quarter
Boston Tand Co declares an initial dividend of 50 cents a share payable August 15 to shareholders of record July 31. Merchants Manufacturing pays a quarterly 1 percent on August 1. Pacific Mills distributes a semi annual $60 a share on August 1 to holders of record July 2. Stevens Manufacturing pays a quarterly 1 1/4 percent on demand. American Utilities issues a quarterly 1 9/4 percent on its preferred stock payable August 10 to record July 31. Massachusetts Cotton Mills declares semi annual 4 percent payable August 10 to record July 22. Crown Reserve Mining Co cobalt unit pays monthly 1/2 percent on August 15. Cons Coniagas Mining Co cobalt unit pays quarterly 9 percent.
MENTIONED IN THIS ARTICLE
Boston Tand Co
Merchants Manufacturing Co
Pacific Mills
Stevens Manufacturing Co
American Utilities Co
Massachusetts Cotton Mills
Crown Reserve Mining Co
Coniagas Mining Co
Financial notes and mining ties shape market moves
Features from Bonbright & Co. compare security prices and show earnings and dividend trends. Arthur Longley joins San Geronimo Consolidated Mines as director after a control purchase. Old Dominion Company plans a 500000 pound monthly output increase tied to copper prices, boosting earnings and potential dividends. Nevada Utah Mines & Smelters undergoes $100000 bid and reorganization with bonds and stock issue. Chester Dale and Arthur Tu Chambers join W C Langley & Co.
MENTIONED IN THIS ARTICLE
Arthur Longley
Gay & Sturgis
San Geronimo Consolidated Mines Company
San Geronimo Mines Company
San Geronimo
Las Palomas
Guerigo
Grain markets hit new lows on favorable weather
New low grain prices were recorded as favorable weather boosted spring and winter wheat yields in Missouri and Kansas. Trade showed fair volume with selling pressure from reports of large Kansas outturn and potential 100,000,000 bushel yields.
MENTIONED IN THIS ARTICLE
Southwest
Misssouri
Kansas
Sailboat Capsizes Off Long Wharf Charlestown Two Rescued
Charles Hurl of 6 Hancock Street and John Doyle of School Street Charlestown escaped drowning when their sailboat capsized off Long Wharf yesterday. Harbor boatman James A. Ryan arrived as the boat lurched in a gust, rescuing the men before others spotted them. The overturned craft was towed to a wharf, righted and bailed, then the men sailed toward Charlestown.
MENTIONED IN THIS ARTICLE
Charles Hurl
Hancock Stree
Charlestown
John Doyle
School Street
Long Wharf
James A. Ryan
Ryan
Has the Public Been Speculating in Securities
Brokers complain of two years without business as the public stays out of the market. A Boston Post special on tomorrow's financial page will examine whether speculation persists in hidden forms and compare yearly volume over the past decade.
MENTIONED IN THIS ARTICLE
Tomorrow
Boston Post
Also Mentioned on This Page
Pacific Ry
WMA
Read & CO
Congress Street
Adirondack Electric Power
Butte
Richardson, Hill & CO
U.S
Atlanta
Georgia
Ashley & Co
Devonshire Street
Atlanta, GA
Bond Market News
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McHenry Distilling Company
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N. J
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G &C
Cis
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Sia
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Mor & E
Waba
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Cstp
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Cc Mil & A
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Federal Street
William P. Bonbright & Co
B. A. & E. L. Manning
Nevada-Utah Mines & Smelters Corporation
Reorganization Committee
Chester Dale
Arthur Tu. Chambers
W. C. Langley & Co
Money Market
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Francsse Sane
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Diamond A
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Pitts Brewem Rig
Ind Brew cm
Iy Pitts Coal Com
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San Toy
Tonexm Co
Nat Tirepf