New High Records in Steel Issues Across Markets
New York totals show 780 400 shares traded, while Boston recorded 51 434. Steel common led in New York with 151 900 shares and Massachusetts Consolidated led Boston with 8 417. Havana Electric rose 4 points to 55 in New York, Am Sugar common fell to 132, Calumet & Hecla dropped, and Chemical common rose in Boston. Call money stood at 1 1 4 percent in New York and 2 314 percent in Boston. Time money ranged 24 334 percent in New York and 3 1 41 percent in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Mass Consolidated
Havana Electric
Sugar
Chemical Common
Calumet & Hecla
Saisa Arcane
Atchison Ds
Atlantic Gulf DE Age
Chicago
United Fruit
Western Tel & Tel
Ool
Atchison
Boston & Albany
Boston& Lowell
Maine
Fitchburg
New Heaven
Old Colony
Union Pacific
West End
Allouez
Arizona
Atlantic
Ong
Tutte Coalition
Calumet & Arizona
Calumet & Heela
Daly-West
Franklin
la Salle Ds
Milligan Am
Mohawk
Nevada
Butte
North
Old Dominion
Quincey Owen
Santa Fe
Shannon
Superior
Val
Tamarack We
Trinity Oy
United Copper
Consol
Utah
Victoria Ee
Wolverine
Wransdot
Ry Cay
Wollaston
Am Tel & Yel Aces
Tel & Tel
Georgia
Seattle
United Shoe
Pete Teeen
Steeley
Pablo
Gulf
Poston
Boston Corbin
Fast Butte
Isle Royale
Kerr Lake
Soo Lake
Miami
Newhouse
Swift & AG. S
Lagi
Superior & Boston
Pitts
Tr S Coal & OH
U S
Eees
Oy Ny
Market Rally Ends With Steel Lead Amid Merger Rumors
Stock market trends show profit taking after record highs with steel shares leading gains. Rumors of Bethlehem Steel and other independents merging into a Steel Corporation backdrop the day, while New York Central and Atchison bonds influenced prices. Mass Consolidated suffered a sharp drop, copper stocks softened, but Steel common and related industries recovered late, closing strong. Memorial Day earnings boosted Massachusetts Electric though Chelsea fire bias faded.
MENTIONED IN THIS ARTICLE
State Street
Harriman
Reading
Amalgamated
London
Steels
New York Central
Harriman Group
St. Paul
Steel Common
Preferred
Bethlehem Steel
Steel Corporation
Atchison
Bears
Smeting
Erie
Union Pacific
Steel
New York Stock Exchange
Massachusetts Electric Company
Boston & Northern
Old Colony
Massachusetts Electric Lines
Sagabet
Cobalt Silver Ores Stock Offering Made by Company
The Board of Directors announces 500 000 shares at 712 cents with 10 percent down and balance on allotment. The company will pay advertising and listing expenses, offer to brokers and investors, and escrow the promotion stock for one year. Subscriptions via brokers or the New York and Boston offices.
MENTIONED IN THIS ARTICLE
Treasury
New York
Boston
Daly West Mining reports quarterly cash on hand and flows
Daly West Mining Company issues quarterly stockholders statements for the quarter ended March 31. Cash on hand Jan 1 4311 48, receipts 133 799, disbursements 130 652, cash on hand March 31 314 620. Last dividend paid April 10 not included.
MENTIONED IN THIS ARTICLE
Daly-West Mining Company
Heinze stocks lead Boston curb market action
The Boston curb market on June 2 saw Heinze issues dominate trading as prices fell from 55-8 to 43-8 for Ohio Cop per and 61-8 to 41-8 for Davis Daly, with later 43-4. Other active names included Inspiration, Cumberland Ely, Southwestern Development, Bay State Gas, Raven and the Rawhide as the curb list fluctuated.
MENTIONED IN THIS ARTICLE
Boston
Ohio Copper
Davis Daly
Cumberland Ely
Southwestern Development
Bay State Gas
Raven
Nevada
Arizona
Oaston Ely Oe
Cal & Corbin
Osto Chief Coneseane
Noo Cobalt Central
Alaska
Butte Coalition
Chicago
ALO Cobalt Central
BOW
Douglas
Grivoux Mining
Greene Cananea
Ruthert Lake Tees
McWkinley Darragh
Miami Tees
Mines Co of Am
Ida
Utah M
Nipissing Mines Co
Ohio
United Copper Oe Lok
Kon Gold Mines
Arisa
Tetas
Goldfield Dai
Bond market notes from Boston and Mass purchases
Financial items note Fall River bonds at 101.17 for $85,000 3 12 percent school bonds dated May 1 1990, with tallies through 1934 and 1889, plus extensions on Mexican Northern Railway bonds. Also reports Tailer & Co car equipment bonds and Atchison stockholder subscription offers for 1955 maturity convertibles. Niagara Falls Power plans a $25.4 million mortgage for 6 percent refunding bonds.
MENTIONED IN THIS ARTICLE
Boston
Fall River
Mass
Kountze Brothers & Co
New York
Newhouse Mines & Smelters Reorganization Proposal
A Utah copper company faces near 200000 dollars in overdue debt and pending July 1 1909 interest on 1300000 par value bonds plus sinking fund payments. A Reorganization Committee led by Samuel Untermyer and Isidore H. Kramer proposes steps to obtain working capital, fund mill alterations, and satisfy creditors.
MENTIONED IN THIS ARTICLE
Newhouse
Utah
Bond Offerings and NYSE Notice on South Pacific Receipts
The report notes that the refunding does not affect the $10,000,000 first mortgage bonds. The New York Stock Exchange announces suspension of all transactions in South Pacific subscription receipts for 20 year convertible bonds until further notice. Mortgage Bond Company of New York sold 2,000,000 percent bonds to Ladenburg Thalmann & Co, dated Oct 1 1906 and maturing 1966, part of a $5,000,000 issue with $1,000,000 sold previously.
MENTIONED IN THIS ARTICLE
Mexican Northern Railway Company
Morton Trust Company of
New York
Spencer Trask & Co
Town Central
Tailer & Co
Atchison
Niagara F Alls Power Company
New York Stock Exchange
The
Mortgage Bond Company of
Ladenburg, Thalmann & Co
Investment notes on US and international bond issues
A dense listing of bond references and yields from US and international issuers. Mentions include Adams Ex 4s, Am T and T ev 4s, Atch gen 4s, Canadian issues, New York City 46s, Reading zen 48, Seaboard A T 4s, Union Pacific 4s, US Steel 2d 5s, Westinghouse and Distillers Ss, and various 4s and 5s with percentages around 90s to 110s.
MENTIONED IN THIS ARTICLE
Japan
Kan City
Lake Sh
Allis-Chal
Adams
Agri
Pacifie
NY City
New
Nor & W
Brook Tran
Canada
L& SF
St T. SW Conde
Do Ist
Ches & Ohio
Seaboard
Sy Chi & Alton
So Pacific Col
R&q
C.m&stp
So Railway
Tnion Pacific
Asea
C.c.c&st
Colo Indus
U S Rubber
Colo Midland
U S Steel 2d
Col
Col&SaverKext4ns 99%! Vir Car Chem Ss. 979% del & Huder
Woebash Ist
West Md
Distillers Ss
Westing el cv Ss
Erle Prior Lien
Na Wis Cent
Lo Gen
Armour
Interboro Met
H& SF
So_ Pac
Calendar for Today Ex Dividend List of Firms
Ex dividend payments listed include General Electric Am Car Foundry United Copper and Canada Southern with dividends of 7.50 dollars. Closings and meetings noted for Adventure Consol Des Moines and Ft. Dodge with firms such as Chi East St Quincy Mining and United Copper among others.
MENTIONED IN THIS ARTICLE
Canada Southern
Chi
East St. Quincy Mining
United Copper
Adventure Consol
Des Moines & Ft. Dodge
Financial ads yield strong returns for Post advertisers
A reader reports improvements from financial and mining advertisements in the Boston Post. He notes ongoing checks on returns across papers and intends to continue collaboration with the publisher to assess performance and impact.
MENTIONED IN THIS ARTICLE
the Post
Boston Post
Advertising Returns Favor Boston Post, Letter Reaffirms Value
A 1909 letter from Charles A. Stoneham of Broad Street asserts the Boston Post yields superior advertising returns over other papers. He credits both editor and publisher for favorable outcomes after a year of data, noting he would criticize if results were poor yet honors the paper for strong performance.
MENTIONED IN THIS ARTICLE
Boston Post
Charles A. Stoneham
Broadstreet
Also Mentioned on This Page
Hornblower & Weeks
Detroit
Boston and
William E. Soule
Wilcox
North Butte
American Agricultural Chemical Common
Osceola
Nipissing
Pease
Cecca
Aseoneeas Spar
Streining Commercial
Reichsmarks Dee
Eee
Silver Rock Cobaly Vines Company
Charles Piepenbrinm
New England National Bank
City Trust Company
Georges. Mumford
Mumford
New England Bank
Commonwealth Trust Company
State Street Trust Company
Franklin Company of
Pacific Mills
Salmon Falls Manufacturing Company
Lowell Electric Light Company
Whitman Mills
William Whitman
Charles L. Harding
Davis-Daly Company
Washoe
C. F. Collins
Dana de Cordova
E. J. Young
W. C. Langley & Co
Goldfield
Mason Wiley
Nat
Ray Central
San Antonio
Sonora
Southwest
Devel
Yukon
Alls Chalmers
Amalgamated Coppe
Amer Agricultural
Amer Car & Roundey
Amer
Amer Hide & Leather
Amer Tee Securities
Amer Sugar Refin
Ame Tel & Tel. Tee
Amer Tobacco
Anaconda Mining Co
Vindy HO
Atl Coast Line
Baltimore & Ohio
Bethlehem Steel Goo
Brooklyn Rapid Transit
Canadian Pacific
Central of New Jers
Chesapeake & Ohio
Chicago & Alton
Chicago Great Western
Chicago & Northwestern
Mil & St Paul
St Louuis
Colorado Fuel & Iron Oy
Colorado & Southern
Consolidated Gas
Son
Delaware & Hudson
SOO
Denver & Rio Grande Ooo
Distillers’ Securitie
Erie Aeeeesesee
Greatorthern
Interboro
Hartor
International
Town
Kansas City
Louisville
Nashville
Minneapolis
St Louis
St P & S
Ste
Missouri Pacific
Lexus
Aiscuit
Nog & Western
Norfolk & Western
Northern Pacific
Pacific Mail
Republic Steel
HOT Ca
Rock Island Co
Setae
St Louis Southwest
Sloss
Sheffield
Southern Pacific
Southern Railway
Tennessee
Toledo
irginia-Carolina
Maryland
Westinghouse
Western Union
Wheeling & Lake Erie
Wisconsin Central
Newhouse Mines & Smelters
Hungarian American Bank
Charles A. Morse
Broadway
N. Y
Frank A. Schirmer
Louis N. Kramer
Samuel Untermyer
Isidore H. Kramer
NEW York Bonds
Brady & CO
Devonshire St
Harry E. Jacobs & CO
Court Square
Eureka
Eureka Common
PBO
Masa
General Electric
Car Foundry Com
Prf
U. S
Post Financial
Florence
Hull
Mansfield
Midway
COE
Well, Dev
Lone Star
Marconi
Baxter Roy
Amer, Union
Empire Cobalt
Elizabeth
Collins Wireless
Red Top
Santa Rita
Inter-Trust
ALL Stocks Security CO
A. D. F. Adams
Fort Hill
Eureka James Shay & Co
Rhode Island Coal
James Shay & CO
State St
Silver Rock Cobalt Mines Company
Silver Rock Cobalt Mines Co
Broad St
Liquid Copper Co
Willet