Market gains push steel issues to high records in New York
Stock market today shows strong bullish tone as steel shares hit new high marks. Other gains include Harriman group peers and railroad stocks with notable advances in Union Pacific Southern Pacific and Canadian Pacific amid favorable earnings and Paris listing expectations.
MENTIONED IN THIS ARTICLE
State Street
Pittsburg
The
Steel Corporation
United States
Paris
Harriman
Union Pacific
Southern Pacific
Pennsylvania
Chesapeake & Ohio
Canadian Pacific
Southern Railway
Ontario & Western
Missouri
Kansas &Texas
Rock Island
Norfolk & Western
Harriman Pacifics
Amalgamated
Atchison
St. Paul
Erie
Steel Common
New York
Boston
Mass Consolidated
Boston & Maine
Calumet & Hecla
North Butte
Shoe Machinery
Financial Services Offerings from Leading Agencies
New York and Boston stocks bought for cash or on margin. Interest allowed on deposits. Despatches from top financial agencies at our clients' disposal.
MENTIONED IN THIS ARTICLE
New York
Boston
Market daily stock and bond prices table
Boston June 1 The day’s market activity is recorded with prices and total sales in the attached table. The data details the day’s movements across stocks and bonds, reflecting trading volume and closing values for broad market segments.
MENTIONED IN THIS ARTICLE
Boston
Sonora stock low price offers chance to buy
News from Sonora notes most stock pulled from the curb leaving little available at 58 cents. Orders at 15 cents may secure some before a rise to 60 to 70 cents. Southern Pacific near smelter with line expected July 4. Smelter to treat 200 tons daily with at least 5 dollars profit per ton, could yield 300000 dollars net on a 2500000 dollar stock issue.
MENTIONED IN THIS ARTICLE
Sonora
Southern Pacific
Reorganization plan for copper company faces extinction threat
A committee led by Charles A. Morse aims to form a new company to acquire the mine properties in Utah. Bondholders will swap $1,300,000 first mortgage bonds for new income bonds and 600,000 common shares for new stock, with 260,000 treasury shares for future conversions. Stockholders must deposit securities by July 1 and pay 1.00 per share with staged payments.
MENTIONED IN THIS ARTICLE
Charles A. Morse
Frank A. Schirmer
Louis M. Kramer
Newhouse
Utah
American Bank
Broadway
New York
Curb Market Trading Mixed With Small Price Changes
Boston curb market today showed restricted trading with Cumberland Ely Davis Daly Bay State Gas Southwestern Development and Goldfield Consolidated quoted. Most issues closed near Friday's levels while fluctuations were minor and detailed figures follow.
MENTIONED IN THIS ARTICLE
Austin & Souther
State Street
Southwestern Development
Geyser
Eclipse Ol
Ohio Copper
Bay State Gas
Helvetia
Inspiration
la Rose
Es A Ae
Boston
Cumberland Ely
Davis Daly
Goldfield Consolidated Reading
CALENDAR FOR TODAY Books Open
American Cotton Oil preferred American Smelting Securities preferred A and B American Telegraph & Cable Associated Merchants common Butte Coalition Central and South American Telegraph Corn Products Kanawha and Michigan Mexican Northern Railway Mexican Telephone Michigan State Telephone Norfolk Railway and Lighting Parrott Silver and Copper United States Steel preferred Meetings Canada Southern Chicago and Eastern Minalsis Quincy Mining United Copper Vermont and Massachusetts Railway
MENTIONED IN THIS ARTICLE
New York
Ants Chalmers
Amer Amalgamated
Amer
Amer Car & Foundry
Amer Ice Securities
Amer Linseed Ae
Anaconda Mining Co
Atchison
Canadian Pacific Thee
Central Leather
Chesapeake & Ohio
Chicago & Alton
Chicago Great Western
Chicago & Breer
Chi, Mil & St Paul
Ine , Co C & St Louis
Colorado Fuel & Iron
Colorado & Southern
Consolidated Gas
Delaware & Hudson
Denver & Rio Grande
Erie
General Electric
International Paper
Towa Central
Kansas City Southern
Minneapolis & St Louis
St P & S Ste M
Northern Pacific
Pacific Mail Eee
Pennsylvania
Aly People’s Gus
Republic Steel Tne Enee
Pere Do Presseeee
Rock Island
Southern Pacific
Southern Railway
Tennessee
Texas & Pacific
Toledo St
L & West
Union Pacific
United States Realty
United States Rubber
BSU
United States Steel
Virginia-Carolina Che
American Cotton Oil Preferred
American Smelting Securities
American Telegraph & Cable
Associated Merchants, Common
Butte Coalition
Central & South American Telegraph
Corn Products
Kanawha & Michigan
Mexican Northern Railway
Mexican Telephone
Michigan State Telephone
Norfolk Railway and Lighting
Parrott Silver & Copper
United States Steel, Preferred
Canada Southern
Chicago & Eastern Mlinsis
Quincy Mining
United Copper
Vermont & Massachusetts Railway
Company Balance Sheet Reflects Cash and Securities Totaling Major Sum
The balance sheet as of December 31 shows cash on hand of 2 870 410 dollars and investments in securities totaling 11 000 000 dollars. Authorized stock amounts are listed at 15 000 990 dollars.
Dividends Declared By Various Railroads and Firms
Dividends announced include Boston and Albany 2.50 in June and record date June 5. Celluloid Co declares 114 percent quarterly for preferred stock with record June 15. Continental Passenger By Co pays 3 semi annually with record May 29. Wabash Terminal 2 1 2 percent semi annual for July 1. Chicago and Eastern Illinois 1 4 5 percent quarterly preferred with record June 16. Common shares 11 1 2 percent July 1 with June 16 close. Kansas City Fort Scott and Memphis 1 percent quarterly preferred with July 1 close June 16. Coppellia Bridge Consolidated 1 quarterly July 1 record June 5. American Beet Sugar Co quarterly 11 2 percent. American Can Co quarterly 11 4 percent preferred July 1 record June 16.
MENTIONED IN THIS ARTICLE
Boston & Albany
Celluloid Co
Continental Passenger By. Co
Wabash Terminal Co
Chicago & Easternllinois
Kansas City
Fort Scott
Memphis
Coppelm Baige Consolidated
American Beet Sugar Co
American Can Co
Bond Market Notes From Milton to Bristol County
Bond buyers report successful securing of a $25,000 temporary Milton loan at about 3 percent discount. New York office awarded Troy certificates of indebtedness for $100,000 at a 3 percent premium. Corn Products ratified $10,900, 25 year bonds, with $5,000,000 already sold to Speyer & Co. Railroad Commission approves $4,500,000 Boston & Albany 4 percent 25 year bonds. Lowell bids sought for $120,000 3 1 2 percent street paving and sewer bonds. Braintree bids sought for $24,000 3 1 2 percent school bonds. Bristol County notes sold to American Banking Company at 102.79 and 103.27 for five and six year notes.
MENTIONED IN THIS ARTICLE
Boston
Bond & Goodwin
Milton
Mass
New York
Troy
N. Y
Corn Products Company
Speyer & Co
The
Railroad Commission
Boston & Albany Railroad
Lowell
Bristol County
American Banking Company
US government bonds and railway issues cited in market notes
The list compiles bid and coupon data for U S and foreign bonds including reg 1091% Japanese notes, US 4s and 3s with varying coupons, 1931 955% and 121K,N issues, Am T&T cash bonds, Atchison 4s, New York City 4s and various rail and utility bonds. It notes prices, yields and series identifiers across many issuers such as Pacific 4s, Reading 4s, Canada 4s, Union Pacific 4s, and C C C St L 4s with numerous percentages and ref notes.
MENTIONED IN THIS ARTICLE
Japan
AG Ge
Tobacco
Mo Pacific
PBR Cin
Atchison
N_Y City
New
NH & Hey S
Tee Orcs
Balt & Ohio
OSL Rider
Brook Tranev
Penney Sigs
Canada
Ches & Ohio
Chi_& Alton
Seaboard Atl
B&q
CRM
M & Stp
Do Ist
Rti&p
So Railway
Union Pacific
Col Indus
C&s
del & Hnd
Wabash
den & Rio G
UK Distillers
Westing el
Armour
Reorganization of Newhouse Mines and Smelters Plan Emerges
Announcement of the reorganiz ation plan for the Newhouse Mines and Smelters Company appears with a committee of organizers named to guide the process. The report outlines the initial steps and the roles of the reorganizing members.
MENTIONED IN THIS ARTICLE
Newhouse Mines
Newhouse Mines & Smelters Company
Woman Dies After Doorway Collision in Halifax
Mrs. Joanna Harrison died after Percy Wallage ran into her in a doorway. Wallage is held on a charge of unlawfully killing her. Autopsy showed Harrison had a weak heart lungs and stomach making a minor shock fatal.
MENTIONED IN THIS ARTICLE
Halifax
N. S
Johanna Harrison
Percy Wallage
Wallage
U. S. Steel Listing on Paris Bourse Opens Doors
Paris June 1 The listing of United States Steel Corporation shares on the Paris Bourse was officially concluded today. Six leading banks bought a large block of stock and will offer it to the public. The credit for the listing of steel common on the Paris market goes largely to J P Morgan.
MENTIONED IN THIS ARTICLE
Paris
United States Steel Corporation
J. P. Morgan
High honors to Brown students join Cammerlane Club
Providence R I June 1 Twelve Brown University juniors were elected to Cammerlane Club with high honors. Four came from Massachusetts and include Clifton H Walcott Leominster Ralph H Wilmarth Attleboro A F E Rez nier Dorchester Arthur M Ham Somerville Warren C Johnson Nashua A K Westervelt Chur dan Stephen D Pyle Jr Maxwell Krous John P Hartigan Howard A Teber William Kent and Donald Babcock of Providence.
MENTIONED IN THIS ARTICLE
Providence
R. T
Brown University
Cammerlane Club
Massachusetts
Clifton H. Walcott
Leominster
Mass
Ralph H. Wilmarth
Attleboro
A. F E. Reznier
Dorchester
Arthur M. Ham
Somerville
Warren C. Johnson
Nashua
N. H
A. K. Westervelt
Churdan
Iowa
Stephen D. Pyle, Jr
Brooklyn
N. Y
Maxwell Krous
Lebanon
Penn
John P. Hartigan
Howard A Teber
William Kent
Donald
Babcock
Tools maker killed by engine near GE plant
Roland Buchrame, newly arrived from New Bedford to work at the General Electric Stanley plant, was struck by a light engine on the Boston and Albany railroad near the plant and killed.
MENTIONED IN THIS ARTICLE
Pittsfield
Roland Buchrame
New Bedford
Stanley
General Electric Company
Boston & Albany
Supreme Court rules exclusive wharf rights for Weems Steamboat
The Supreme Court decision in Weems Steamboat Company of Baltimore v The People's Steamboat confirms that a steamship company may exclude others from using wharves when those wharves are owned exclusively by the company. The ruling holds significant implications for operator privileges and port access.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Weems Steamboat Company of
Baltimore
The
People’s Steamboat Company
Pope Receives Archbishop During Jubilee Visit
Archb ishop W H O'Connell of Boston was received in private audience by the Pope. He had returned to Rome to assist in the jubilee of the American College.
MENTIONED IN THIS ARTICLE
Rome
W. H. O'Connell
Boston
American College
Insurance payouts reach 480 million nationwide
Life insurance organizations in the United States and Canada paid 330,011,000 last year with an estimated 150,000,000 more for dividends surrender values and foreign policy holders, totaling 480,811,000. Massachusetts disbursements totaled 24,200,000 with Boston 6,175,368 and Brookline 784,242 in death benefits. Other cities followed: Springfield 738,571 Newton 613,949 Lynn 582,468 Worcester 498,955.
MENTIONED IN THIS ARTICLE
United States
Canada
Massachusetts
Boston
Brookline
Springfield
Newton
Lynn
Worcester
Large state claims list caps with Baker and Smith leading
The highest payment in the state went to Captain Lorenzo D. Baker of Wellfleet for $158,680, with Benjamin F. Smith Jr. of Andover receiving $100,000. In Boston the top claim was $61,000 for Fred Hartley’s heirs. Other notable payments include Frank Harris $55,236 and Joseph W. Lewis $60,000 among numerous regional recipients.
MENTIONED IN THIS ARTICLE
Lorenzo D. Baker
Wellfleet
Benjamin F. Smith, Jr
Andover
Boston
Fred Hartley
Frank Harris
Quincy A. Shaw
William H. Sands
William E. Sleeper
Brookline
Fred Tiartley
Joseph E. Garland
Gloucester
James E. Dodge
Malden
Daniel G. Heath
Newtonville
Homer G. Gilmore
Springfield
Henry H. Hunt
West Newton
Darwin B Dudley
Hingham
Joseph W. Lewis
Grookfield
Wright predicts possible transatlantic air trip
Wilbur Wright says a flight across the Atlantic is not impossible. He foresees rapid development of aircraft and notes fuel supply provisions and dual engines would boost safety and weight considerations. He predicts a year may show a transatlantic flight.
MENTIONED IN THIS ARTICLE
Dayton
Atlantic
Wilbur Wright
Slayers Given Long Terms for Night Watchman's Murder
Four men involved in the killing of Peter Needham, a night watchman for Union Freight railroad, were sentenced to prison terms of 12, 15, and seven years respectively. The fishermen claimed they were assaulted and mistook Needham for one of the attackers. Needham died from a stab wound after being found in a small shack awaiting ambulance.
MENTIONED IN THIS ARTICLE
Peter Needham
Union Freight Railroad
Pietro di Pace
Giuseppe Cardenello
Antonio Orlando
Rosario Taormino
Needham
Trial of business chance cases before Judge Sanderson
The trial proceeds today in the Superior Criminal Court with defendants led by Charles S. Stuart Henry A. Evges and A. E. Simpson facing conspiracy on one count and larceny on 13 counts. Attorneys had moved to quash indictments but Judge Sanderson signaled likely overruling.
Will Quit Island If France Sends Trawlers
The natives of St Pierre and Miquelon are angered by France plans to send steam trawlers to fish the shores. Louis M. A. La Vissiere, a St Pierre native now in Boston, says residents love France but fear mass emigration if the fleet arrives and clears the coastline.
MENTIONED IN THIS ARTICLE
Island of
Miquelon
France
St. Pierre
Boston
Louis M. A. la Vissiere
Stevens Resigns as New Haven Official After Merger Setback
New Haven Conn June 1 J F Stevens vice president in charge of operation has resigned to accept service elsewhere He had been considered for president of the Boston and Maine as Lucius Tuttle successor but the plan fell through due to Boston and Maine merger complexities
MENTIONED IN THIS ARTICLE
New Haven, Conn
New Haven Road
J. F. Stevens
Stevens
New Haven
Boston & Maine
Lucius Tuttle
Also Mentioned on This Page
Rise IN Steels
Consolidated
Central of
William E. Soule
New York Stock Exchange
Rhode Island Copper Company
Franklin
Stephen R. Dow
John C. Watson
Alvin R. Bailey
H. M. Howard
Henry Tolman
R. M. Edwards
Charles J. Devereaux
William R. Todd
Chester L. Dane
S. L. Lawton
I. M. Meserve
James S. Dunstan
Southern Pacific Railroad Company
Toledo
Mex
Mason, Lewis & Co
George A. Lewis
Edward B. Lewis
David F. Tilley
Lewis Bros. & Co
American Beet Sugar Company
J. H. Harding
R. B. Cutting
Copper Range Company
Arthur R. Smith
Charles E. Valentine
Commonwealth Trust Company
Franklin Mining Company
Nipissing
Crown Reserve
O’brien
Right of Way
Trethewey
Temiskaming
Chambers
Nancy Helen
Buffalo
McKinley Darragh
A. D. F. Adams
W. A. Gove & Co
Sultana-Arizona Copper Company
Boston Curb
Phoenix
Arizona
J. H. Hodgson
Arthur Carnahan
Gay & Sturgis
George Hutchinson
Wiggin & Elwell
E. M. Newton
Towle & Fitzgerald
George L. Walker
George Patton
Herman Fesing
J. H. Rice
Lake Copper Company
Lincoln Trust Company
Dewey Square
First National Bank
Boylston , National Bank
Ee Tote Neers
Aee
Ees
ELY Coppers New
Cumb
ELY
Giroux
ELY Central
Arizonas
Montanas
B. H. Scheftels & CO
Broad St
Monroe St
Chicago
U. S. Steel Mexican Central
Mohawk
Ray Consolidated
Boston “‘Coppers
H. A. Brown & CO
Utah Copper
Charles A. Stoneham & Co. Mining Curb Brokers
Matin
Mexico
Copper Range Consolidated Company
Frederic Stanwood
Jane
Davis-Daly Estates Copper Co
J. A. Coram
FL. Milliken & CO. Bankers and Brokers
State St
United Fruit Co
Leavitt & Grant
Consolidated Stock Exchange of New York
Silver Rock Cobalt Mines Company
Treasury
Silver Rock Cobalt Mines Co
Common Sense Gum Co
Rhode Island Coal
St. James Shay & CO
Tel & Tel
Ag Chemical
Atlantic Gulf
Chicago Junction Cc
WBA
Mass Gas
United Fruiteign
U. S8
Steel of Frese
Western Te) & Tel
Boston Elevated
Fitchburg
Frederick R. Tibbitts
Monks
Congress St
Willet
the Exchange Building Brokers
Mason Valley
Commission
Fort Hill
A.D. F. Adams Stock Broker
Rutland Pref
West End Seeeree
Saan
Llowez
Arcadian Wees
Eae Eg
Oly Iton Butte Coalition
Calumet & Arizona
Daly West
Dominion
Elm River
Wenn
Franklins
Greene Cananea Aes
la Salle
Michigan
Nevada
Utah Consol
Eae
Aie
Victoria
Winona
Wolverine
Wyandot Wee
LAND
Fast
Wae
Wollaston
Erate
Georgia Electric
Mergenthater Ae
Reece
Seattle Electric Oe
Torrington
Boston Consoleee Igt
Boston Carbin
Miami Lake
North Lake
Swift & Nira
Superior «& Ae
Superior & Pitts
S Coal & Oil Eee
Uu S Smelting
Wwe O
Apex
Acme Consul
Arizpe Civende
Beaver Wrens
Bingham Mines
Black Mountain
Boston Ely
Cal & Corbin
Consoe
Cobalt Central
Cae
Davis Daly Shee Ag Pt
Eclipse Oil
Ely Witch St Teee
Goldfield
Goldfield Daisy
Inspiration Ste
Laramie
Utahee
Ohio
Sofia
Santa Ysabel
Silver Leaf
Sonora Mineon A Ag
Derel
Superior & Globe
Vulture
Wecene
Yukon
Tees
Dominion Copper CO
British Columbia Copper Company
Hayden Committee
Protective Committee
Empire Trust Company
New York City
B. W. Lincoln
Butte Coalition Report
Butte Coalition Mining Company
Braintree
NEW York Bonds
Alaska
Bay State
Douglas C
Nat Conper
Ae U
Giroux Mining
Kerr Lake
Miami
SOO
Nipissing M Co
Brady & CO
Devonshire Street
ORB
Dee
U. S. Steel
BROWN
Life Insurance Co’s
Wellfleet Man
SEA Trip
Wright
Slayers
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