Bartholomew Return Reflects Northwest Optimism on Copper and Crops
W F Bartholomew of Thompson Towle & Co returns from the Northwest noting optimism due to record crops and strong copper demand. He cites labor shortages, Calumet & Hecla activity, rising wages, and prospects at Lake Superior mines including Superior Isle Royale and Hancock.
MENTIONED IN THIS ARTICLE
W. F. Bartholomew
Thompson, Towle & Co
Northwest
Houghton, Mich
Lake Mines
Minneapolis
Northern Pacific
Calumet
Hmit
Calumet & Hecla
Superior
Isle Royale
Lake Superior
Lake
Indiana
Hancock
Finlay
Champion
Grain markets firm on hot weather and bullish reports
All grains showed a firm undertone with corn leading gains on dry hot weather in the Southwest and bullish Snow and Inglish reports. Final totals ranged with wheat rallying and July futures finishing higher, as markets priced weather and news factors.
Market report shows New York Boston stock activity totals
Yesterday's market rounds show New York total sales 208 900 and Boston 21 432 shares with top movers Pub Ser Co of NJ and Butte & Superior. Year to date New York 75 511 400 shares Boston 7 398 689 shares. Compared with last year New York 57 750 900 Boston 3 775 275. Notable gains Pub Ser Co of NJ and General Electric. losses Am Sugar common and Calumet & Hecla. Call money and time money figures listed for both cities.
MENTIONED IN THIS ARTICLE
Ans Ag
Pere Rere
Algomah
Cee Eee
Allouez Pee Ene Ewes
Amalgamated
Ee Bene
Ag Chem
Ag Ch Pf
Arizona
Giroux Sen Nee Ae
Granby Ee
Greene Can
ancec o+eee
Indiana
Seen
Island Creek Pf
Island Crk Rts
Isle Royale Sane
Miami
Nevada
N . Tel Rts
North Butte
Shannon Ste
Union Land Sete
Union Pacific Ore
United Fruit
United Shoe See Ee
U & Steel Teeter
Utah Consolee
Utah Cop Co
Winona
Wolverine
Wyandot
New York
Boston
Steel Common
Butte & Superior
Pub. Ser. Co
N. J
General Electric
Calumet & Hecla
New York Market Opens With Dull, Bearish Tone
The week starts with continued dull and irregular trading on the exchange. Bearish sentiment rises amid political fears over congressional reports on large corporations, while some stocks in the tobacco group drop. Late session recovery occurs, Norfolk and Western hits a high, but overall activity remains weak.
MENTIONED IN THIS ARTICLE
New York
Congressional Committee
United States Steel Corporation
Washington
Norfolk and Western
Missouri Pacific
United States
Horace O. Havemeyer
Wilson
Norfolk & Western
National Biscuit
Market dullness mirrors New York as stocks slip
The Boston market shows a replica of New York dullness with brief active spots. Butte & Superior falls to 38 1 2 in a new low, while American Sugar and other issues edge down. Traders expect news on financing Boston & Eastern railroad with possible plans for 250000 temporary capital or 12000000 full funding.
MENTIONED IN THIS ARTICLE
Boston
New York
Steel
Amalgamated
Butte & Superior
Boston & Eastern Railroad
Copper stock notes feature on local curb trades
Butte & London moved from 60c to 3k then recovered to 40c in yesterday's curb trading. Butte Central dipped to 61-2 before closing near 67-8 with odd lots at 7. Davis Daly traded around 23 16. Iron Cap Copper preferred Raven Ohio and South Lake also featured with detailed fluctuations.
MENTIONED IN THIS ARTICLE
Butte & London
Butte Central
Davis Daly
Iron Cap
Raven
Ohio
South Lake
State Street Topics on dividends and earnings outlook
Directors meet to set dividends and release quarter to June 30 earnings. Expected common stock dividend remains 1 1 4 percent. Believed second quarter earnings near 25 million, with first quarter deficit over 6 million. August market activity anticipated to rise, with prior July dullness and notable price swings. Nevada Consolidated reports June 30 net 1.63 million, nearly double 1911. cash and surplus rise, copper prices may lift future dividends. Floods and cotton crop outlook depress market. sugar stocks weaken amid tariff worries. Norfolk & Western hits high. Massachusetts Lighting shows higher annual net sales. French rentes may rise as govt pushes campaign to lift prices. Market sentiment mirrors Daniel Drew era buying to push prices higher.
MENTIONED IN THIS ARTICLE
Steel Corporation
Nevada Consolidated
Cotton Markets Rise On Heat Driven Buying
Cotton prices climbed to new highs as extreme heat across Texas and Oklahoma spurred heavy buying. Prices moved toward 13 1 4 cents with December futures near 18 1 4 cents. Traders noted big shorts covered and bulls supplied much of the cotton, easing contract congestion.
MENTIONED IN THIS ARTICLE
Texas
Oklahoma
Bond market notes lead with calls on various bonds and bonds issued
The CB&Q Railroad calls 148 000 of 1881 Denver extension sinking fund bonds due 1922. Oakland Railways California calls 2 500 000 four-year 6 percent notes. Portland seeks bids by Aug 26 for 1 500 000 4 1 2 percent 50-year public dock bonds. Houston votes for 2 500 000 bonds. Cuba via Speyer calls par 936 bonds of 5 percent 1904 series A and 64 bonds 5 percent 1904 series B, interest ceasing Sept 1, 1912.
MENTIONED IN THIS ARTICLE
Chicago, Burlington & Quincy Railroad Company
Denver
Oaklands Railways Company
California
Portland
Ore
Republic of Cuba
Speyer & Co
New York
Speyer Bros
London
Bond Market Irregularities Highlight Key Virginia and railroad notes
Prices were irregular with focus on Virginia 6s, Norfolk and Western convertibles, Missouri Pacific 4 8s, and New York Railway adjustment 5s. Market activity centered on these higher profile issues as traders watched shifts in deferred and convertible debt.
MENTIONED IN THIS ARTICLE
Virginia
Norfolk & Western
Issouri Pacific
New York Railways
Peace Ee
Anaconda Mini Ee
Atchison Topeka & Santa Fe
Atchison A
Baltimore & Pi Pe Pics Chess Haces Aces
Chesapeake & Ohio
Chicago
Erie
Grand Trunk
Illinois Central
Louisville & Nashville
Missouri Kansas & Texas
Aca Ge Bk
Southern Railway
Pf Ee
Southern Pacific
Ped Et Res A
Union Pacific Ae i Oy
Union Pacific
United States Steel Pte Ee
United States Steel Pf Ceee
Wabash Stee Eee
Eee Eeee Reser
Wabash Pf Ee
Dividends Declared by Several Corporations
Boston Elevated by Co declares regular semi annual dividend of 3 percent payable August 16. Lawrence Gas Light Co sets regular semi annual dividend of 4 dollars payable August 1 to stock of record July 26. Quidnick Windham Mfg Co issues quarterly preferred dividend of 134 percent payable August 1 to stock of record July 25. Union American Cigar Co announces initial semi annual preferred dividend of 81 3 percent payable August 15 with books closing August 1 and reopening August 16. Cleveland and Pittsburg R A Co confirms regular quarterly dividend 13 4 percent guaranteed and 1 percent on the special guaranteed betterment stock, payable September 3 to stock of record August 10.
MENTIONED IN THIS ARTICLE
Boston Elevated By Co
Lawrence Gas Light Co
Quidnick-Windham Mfg. Co
Union American Cigar Co
Cleveland & Pittsburg R. A. Co
Money Markets Hold Firm As Rates Climb Cautiously
Time money rates remain firm with bankers holding to asking prices while avoiding large year-end lending. Mercantile paper demand stays urgent. In New York call money traded at 27-8 percent, with time money quotes ranging from 31-4 to 43-4 percent across six months. Local money and foreign exchange quotes follow.
MENTIONED IN THIS ARTICLE
Mercantile
New York
Call Money
Boston
Sub-Treasury
Clortin
Lis Sea
Reichsmarks Ene
Calendar for Today Dividends Payable and Settlement Day
Dividends payable include Distilling Co of America preferred shares at 1 percent. Settlement day announced for U Rubber rights. The brief item lists financial matters and corporate notices with dates not specified.
Appeal for Mrs Harlan Raises Support for Widows
The Supreme Court bar seeks 40 000 in donations from 1000 lawyers to aid Mrs Harlan and her daughters after Justice John M Harlan's death. Congress will provide 12 500 a year for the family while the two sons, John M Harlan and James S Harlan, support their own families. The case underscores calls for pensions for widows of public officials.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court of the United States
John M. H Lan
Harlan
Congress
John M. Harlan
Chicago
James S. Harlan
Interstate Commerce Commission
Leap Year Prerogative Gets Her Arrested
In Chicago on July 29 Hannah Sidl of 1203 Michigan Avenue was arrested after she repeatedly pressed Herman Berg of Evanston for marriage. Berg, an employee of United States Express, testified she followed him and even attempted to choke a young woman he was escorting home in a street car. She was arraigned before Police Magistrate John F. Boyer.
MENTIONED IN THIS ARTICLE
Chicago
Herman Berg
Evanston
United States Express Company
Hannah Sidl
Michigan Avenue
John F. Boyer
Berg
Copper and Tin Prices Ease on New York Metal Exchange
Copper prices ease in yesterday's New York Metal Exchange trading while tin remains firm up 3 4 cent. Lead and spelter mostly unchanged with electrolytic copper quoted around 175-8 to 173-4 cents and London market closes with copper at £78 2s 6d spot and tin at £204 spot.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Cookson’s
Southern
Southern Soft
London
Bank Statement Shows Weekly Reserve Comparison in Boston and New York
The report presents the current weekly local bank statement and its week ago comparison along with surplus reserve figures for the same periods over the past ten years in Boston and New York.
MENTIONED IN THIS ARTICLE
Boston
New York
National Biscuit stock soars then drops in Morgan era analysis
The National Biscuit Company, a Morgan flotations era giant, saw its common stock peak at 161 in anticipation of an extra dividend after last year's 2 percent payout. Recently the shares fell over 30 points causing Wall Street to seek reasons as a Boston Post financial page article previews an in depth statistical and market review.
MENTIONED IN THIS ARTICLE
National Biscuit Company
National Biscuit Common
Wall Street
Boston Post
Also Mentioned on This Page
Kansas Gas & Electric
WM. A. Read & CO
Congress Street
Richardson, Hill &Co
Congress St
Bosto
West
Liverpool
Amal Co
Nor
Agr Corp Tee
Lehigh Valley
Eee Eee
Liggett & Mey Sane
Liggett & Meim
Lorillard C Pr
Lorillard Co
Louis Nash
Mackay of
See Ewer
Mex Pet Co
Seeee
Mo Pacific
Nat Biscuit
Stee Ween
Y Central
Nor & W
Seaboard
Sl& SF
Texas Pacific
Union Paci de See
West Maryland
Ates
Wests House
West Non Ee
Wis Central
Woolworth Pf
Boston Stocks
New York Market
Bay State
Boston Ely
Bohemia
Calaveras
Corbin Veer
Lion Hill
Consol Arizona
Davis-Daly Ee
Mason Valley
McNinley-Darragh
New Hills
Extens
Fonopah
Wettlaufer
State Street
Massachusetts Lighting Companies
Otps
Daniel Drew
Ask
Do Deca
Chi Chi P Tool
Booth Fish
Com
Edison
Chi Rus
Sears Roe
Swift & Co
Armour
Booth Fisheries
Eeetene
Dee
Jan
Chie Telephone
Prey Close
Cudahy
Lt & Coke Ss
Morris
Houston, Tex
Div. P.c
Adirondack Blee
Am Gas & Electric
Sambridge Gas
Charlestown Gas Ee
Cripple Creek Sit A
Eevee
Douglas Shoe
Eevee Draper Company Com
Ees
Alpaca A
Federal Light & Traction
Hieyw Bros & Wakefield
International Nickel
Blood Rubber
Library Bureau
Mississippi River Power
Massachusetts H Ting Co Ee
New Hampshire
Ee Electric
Nipe Bay
Bos L't
G Properties
Noumkeag
Northern States
Otis Elevator
Pere Marquette
Pacific Gas & Electric
Phelps Dodge
Pope Manufacturing
Republic Railway & Ltd
Regal Shoe
Standard Gas Weseey & Elee
Salem Gas
Springfield Fire & Marine
Springfield
United State
Worcester Gas
Walter Baker
En Ltd
Atlanta
Dome
Blue Bull
Fol O'Brien
Hollinger
Moneta
Pearl Lake
Florence
Bel Press
Jim Butler
Rea Mines
Umbo
Swastika
M’'Namara
Porcy Gold
Meraer
West Dome
Beck Tun
Midway
Black Jack
Montana
Mizpah Ex
Buffalo
Iron King
Ing
Chamber
Low Mam
City Cobalt
Cobalt
Opohongo
Coniagas
Prince Con
Crown
Ven
Gr North
Silver KC
Hargrave
Sioux Con
Peterson
Tintic Con
Rat of
Uncle Sam
Leaf
UN Tintic
Omens
Victoria
Trethwy
Wilbert
Dobie Eerveee
Yerrington
Crown Char
Stock Exchange
West & Ae
Uae
Bros & Co
Corp _ Nort & W
North Pacific
T& T
Indiana Steel
Etfs
Allis-Chalmers
Trust Co
Ctfs Tebo Diet
Pub Cf NJ
Amit & Calf
Ee Penne & Co
Gnl
AT & SF
Leh & W BC
Hines & M
Pacific
L& N
Manhattan
Ade - St
Tens & P Ist
K& T
Gas & Elec
Canada
Union Pac
del A Electric
West Maryld
Elman Sah
Union
Chino Copper
West Union
Weh
NY & R Beach
West Shore
del & Hudde
On Nee A Es
London Market
Philadelphia
Ask. Am Cement
Phila Co
Am Rys
Do Fee Ee Eee
Cambria Stee
Con Tr of
el Co of
Pa Rapid T
Tonopah
el Star Bat
Ton Belmont
Fairmt Pk T
KRM Srt
Hunt & B
J & Seash
Do P
Money Markets
Justice
Metal Markets
Jdan
Baltimore
R&l
Nor Cent
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