New 1914 Low Marks Sweep Across Markets
Market report shows total sales in New York at 195,300 shares and Boston at 10,883. Most active New York issue steel at 25,000 shares and Nipissing 1,140 in Boston. Jan 1 to date totals: New York 42,353,800 and Boston 3,086,086. Compared with last year New York 50,146,400 and Boston 3,060,784. Ample gains for Am. Brake, Shoe & Foundry in New York and Mergenthaler in Boston while N Y C S L 2d ptd falls. Call money and time money rates cited for both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Nipissing
Am. Brake, Shoe & Foundry
N. Y
C. & St. L. 2d Ptd
Mergenthaler
Wolverine
Time Money
West End
West T & T
Ans Pt
Am Tel & Tel
Amoskeag
Arizona
Cal & Arizona
Cal & Hecla i
Aeteene
Granby
Greene
Alaska
Saeed
Island Creek
Ker Lake
la Salle
Mason Valley
Smelt & R
Smelt & of
Smelt & Mergenthaler
Nevada
East Ohio
Old Dominion
Pond Ork Coal
Siocess
Pet Corp
St Mary's
Cai Pet Corp
Santa Fe
Shannon
Aes OM
Sup & Bos Leather Pf
Swift & Co
Seer
Tamarack
Torrington
Trinity Ae Ig
Chi M & St P
Union Pacific
Iy Ai
UN Pac Warranta
United Fruit
U S Smelt P
US Steel
Utah Apex Ig
Utah
Consol
Utah Cop Co
Winona
Kan City
Fieensae
Asestes
Eines
Cetvecees
Coon Iles
Pet
Buffalo
Bingham Mines
Butte
Crown Reserve
Nat Biscuit
Ring
Gignys
Nat
Davis Daly
Goldfield
Nyc
Nynh&h
la Rose
High Point
Oneco
South Lake
Studebaker
The
Texas Co
Twin City
Yeunee
Va Car Chem
Ween
West Union
Beeen
Wis Central
Market Rises and Falls on Gold Exports and New Haven Suit
New York market reports heavy dull trading with gold exports to Paris and the government suit to dissolve the New Haven line as the day’s standout features. Foreign tensions and Berlin selling weighed on prices, United States Steel and Lehigh Valley weak, and total sales reached $2,829,000.
MENTIONED IN THIS ARTICLE
New York
Paris
New Haven Road
Berlin
Vienna
Mendon
Canadian Pacific
New Haven
Attorneyeral
Lehigh Valley
Reading
Baltimore & Ohio
Dakotas
Middle West
Senate
United States
Market in Boston Faces Minor Dip Amid Mixed Stocks
The July 23 Boston market notes a reactionary price trend with slight declines and little selling pressure. Nipissing led volume at 1144 shares aided by New York buying. New Haven recovered to 52 1/4 after a dip, despite a federal suit for dissolution of the New Maven system. Union Pacific warrants traded near 80 as Telephone old tours boosted activity. overall close showed a weak tone.
MENTIONED IN THIS ARTICLE
Boston
Nipissing
New Haven
New York
Federal Court
Southern District of New York
Union Pacific
Clark Montana Realty sues Butte & Superior in federal court
The Clark Montana Realty Company alleges title to a disputed ore body. The suit, filed in the Federal Court of Butte, arises after two years of attempted settlement by negotiation and court actions culminating in the present litigation against Butte & Superior.
MENTIONED IN THIS ARTICLE
Clark Montana Realty Company
Clark
Butte
Butte & Superior
Mt Court
Charles Head & Co Transitions to New Partnership
Upon expiration of the current partnership on July 38 the Boston office will be taken over by James Sullivan James A Parker and Daniel Sullivan who form a new partnership under the old name Charles Head & Co The firm will continue to occupy the offices at 74 State street Boston.
MENTIONED IN THIS ARTICLE
Charlies Head & Company
Boston
James Sullivan
James A. Parker
Daniel Sullivan
Charles Head & Co
State Street
STATE STREET TOPICS
After two days of steady prices the market turned weak with many semi active issues slipping 1 to 2 points. Steel led declines as 1 point drop hinted that price increases were not driven by demand but by arbitrary marking up. Southern Railway fell over 1 point and 2 points on the common and preferred, while Canadian Pacific, Baltimore & Ohio, Denver & Rio Grande, Erie and Pacific Mail hit new year lows on rumors of dividend changes. The gold export revival and Austria Serbia tensions added to selling pressure on American securities.
MENTIONED IN THIS ARTICLE
Southern Railway
Canadian Pacific
Baltimore & Ohio
Denver & Rio Grande
Erie
Pacific Mail
Republic Iron & Steel
Common
Europe
Austria
Servia
Sharp Rise in Grain Prices on Chicago Market
Leading grain options on the Chicago market rose sharply with December corn up 2 1/2 cents to 60 cents a bushel amid dry forecasts and weak world supply from Argentina, India, and Russia. Poor rainfall records and a critical July for corn suggest further crop deterioration, while strong export demand and a weak technical position sustain prices despite record overall production.
MENTIONED IN THIS ARTICLE
Chicago
Argentine
India
Russia
West
Mass earnings fall for Massachusetts Gas Companies
The Massachusetts Gas Companies report for the 12 months ended June 30 shows total net earnings of 2,524,000, down from 2,604,000 in 1918, with June earnings shrinking by over 14 percent. The piece also notes volatile bond prices, copper prices at a 1911 low, idle freight cars rising by about 7,000 to 226,541, and a renewed gold export move by National City Bank of New York with 2,500,000 allocated for Paris trade.
MENTIONED IN THIS ARTICLE
Massachusetts
Engineering & Mining Journal
National City Bank of
New York
Paris
Amster Urges Rock Island Bonds Stay Strong
N L Amster, holder of over 200000 Rock Island collateral bonds, argues the abandoned reorganization would burden bondholders. He cites long familiarity with the lines, the 2012 debentures, and the road’s earning power. He favors bonding and asset distribution over a new equity issue.
Unlucky Loose to Feature in Post Comic Section
The Post announces that Unlucky Loose will appear in the comic section next Sunday, promising readers a humorous outing and a chance to laugh at the character’s misadventures.
MENTIONED IN THIS ARTICLE
The
Post
Calendar for Today aPayable to holders of record in selling ex-dividend today
ae, mach bBooks close July 25, stock selling ex-dividend today. epayable in common stock.
MENTIONED IN THIS ARTICLE
Ne AE
Mach
Metal markets show mixed copper and tin activity on exchange
Copper on the New York Metal Exchange eased with spot and September quotes near 13.10 to 13.50 for copper and 31.55 to 31.76 for tin. Lead remained quiet around 3.85 to 3.95, spelter steady at 4.95 to 5.0, antimony steady and Cookson’s at 7.12 percent.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Cookson
Remarkable Growth of Mass Bonding and Insurance Co
The Massachusetts Bonding and Insurance Company reports rapid, sustained expansion since 1907. Boston hosts one of the world’s leading casualty and miscellaneous insurers with cash capital of 2 million, annual net premium income near 4 million, and a wide range of bonds and insurance products. President T. J. Falvey states the company is financially strong and nationally active.
MENTIONED IN THIS ARTICLE
Massachusetts Bonding and Insurance Company
Boston
T. J. Falvey
United States
Dividends Declared by Major Companies This Summer
Cambria Steel Corp announces a regular quarterly dividend of 11 4 percent payable August 15 to holders on record July 31. Franklin Co sets a regular semiannual dividend of 6 dollars per share payable August 1 to record July 22. Middle West Utilities cites a 1.50 dollar quarterly dividend on preferred stock payable September 1 to record August 15. Monongahela Valley Traction declares a 2 1 2 percent semiannual on preferred stock pay August 1 with books closed July 21 and reopened August 8. Pressed Steel Car reports 1 3 4 percent quarterly on preferred stock payable August 19 to July 29 record, and 3 4 percent on common stock payable September 9 to record August 19. Robert Gair Co proclaims 1 3 4 percent quarterly on preferred stock payable August 1 to record July percent.
MENTIONED IN THIS ARTICLE
Cambria Steel Company
Franklin Company
Middle West Utilities Company
Monongahela Valley Traction Company
Pressed Steel Car Company
Robert Gair Company
Bristow Draper Elected Director at National Shawmut Bank
B H Bristow Draper son of former Governor E H Draper has been elected a director of the National Shawmut Bank. Massachusetts Gas reports June net earnings for dividends of 220363, down 14468 from a year ago. Fiscal year to June 30 earnings total 2524043 versus 2604847 prior year. Uteh Copper June production 13268106 pounds, up from May and April totals. Year to June 30 output 72866000 pounds, vs 55669000 in 1913 and 68301000 in 1912 six months.
MENTIONED IN THIS ARTICLE
B. H. Bristow Draper
E. H. Draper
National Shawmut Bank
Uteh
WILL NAME PORT BOARD
Governor Walsh said appointments to the new port board would be made next Wednesday. The three member board will be paid 6000 dollars yearly. There was talk of replacing all members though Harbor and Land Commissioner William S. McNary and Director Joseph A. Conry were viewed as likely appointees.
MENTIONED IN THIS ARTICLE
Walsh
William S. McNary
Joseph A. Conry
Governor Eyes Harbor and Land Board and Licensing Post
Senator Mack from North Adams is named as a strong possibility for a seat on the Harbor and Land Board while Senator Williams from Dedham is discussed for a board spot and the governor aims to appoint Williams to the Harbor and Land Board soon. Attorney-General Boynton says the old board may hold over until new members are named and the governor wants decisions settled quickly to begin work before fall. A licensing commissioner position attracts several candidates including ex-police chief Charles Curtis ex-Surveyor Jeremiah J. McCarthy ex-Senators Morse Montague Lane and ex-Representative Crocker, with the governor stating the post will go to a Republican. The governor was at West Barnstable for field artillery maneuvers yesterday. The Public Service Commission heard Boston and Maine's request to cut gate tenders by allowing one guard to cover two crossings, opposed by James F. Jackson for Bay State and by Senator Dean for Wakefield. Labor costs show lobby expenses totaling 516 dollars last year with 68 dollars to John Weaver Sherman and 448 dollars to Henry Sterling.
MENTIONED IN THIS ARTICLE
John H. Mack
North Adams
Lombard Williams
Dedham
Senator Williams
Harbor and Land Board
Boynton
Bush Gems
Charles Curtis
Jeremiah J. McCarthy
William A. Morse
David T. Montague
Daniel W. Lane
Courtenay Crocker
State House
Field Artillery
West Barnstable
Boston & Maine
Public Service Commission
James F. Jackson
Bay State
Summer Street
Lynn
Dean of
Wakefield
John Weaver Sherman
Henry Sterling
Rustic bridge suggested for Fenway access
A letter from Boston dated July 23 by J. R. Aims urges Mayor Curley to install a rustic bridge over the Fenway to create a direct path from Boylston Street near John Boyle O'Reilly's monument to the new garden beds. The writer argues a quick, convenient, and attractive route would save a wide detour and benefit visitors to the Florists convention and garden area.
MENTIONED IN THIS ARTICLE
Sir
Curley
Fenway
Boylston Street
John Boyle O’reilly
Boston
Tops of fountains stolen from Newton parks
Ernest Hermann, superintendent of the Newton park department, complained to police that tops of public drinking fountains have disappeared. He suspects local boys who frequent the fountains are responsible, rendering the fixtures unsanitary and useless.
MENTIONED IN THIS ARTICLE
Ernest Hermann
Newton Park
Creditors of Claflin Meet in New York
In New York on July 23 creditors of the failed H. B. Claflin Company meet to elect a committee with power to approve or reject any settlement. International banks and mercantile houses seek representation on the committee, but the Creditors Adult and Adjustment Association says such representation will be denied. Over 100 banks and firms with Claflin claims exceeding $600,000 have appointed Frederick W. Lehmann as counsel for the representation fight.
MENTIONED IN THIS ARTICLE
New York
H. B. Claflin Company
Adult and Adjustment Association
Credit Men’s Protective Organization
Claflin
Frederick W. Lehmann
Takes Blame From Huerta
Milton K. Gurney, a Mexican mining expert, arrived in Brockton with his family and attributed Huerta's errors to Blanquet. he described Huerta as a figurehead and claimed Blanquet wielded actual power and aided Americans in escaping Mexico.
MENTIONED IN THIS ARTICLE
Brockton
Huerta
Milton K. Gurney
Mexico City
Blanquet
John B. Emery Dies at Central Avenue Lunchroom
John B. Emery a Lynn fruit peddler died suddenly from acute indigestion while eating at a Central avenue lunch room yesterday evening.
MENTIONED IN THIS ARTICLE
John B. Emery
Lynn
Central Avenue
Ginger Pop Appears in Sunday Post Comic Section
A note to readers highlights Ginger Pop slated for display in the upcoming Sunday Post comic pages. The feature promises lighthearted humor and colorful artwork, inviting fans to circle the date and enjoy the weekly strip.
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