Bonds to Yield Over 15 Per Cent
An editorial examines the Denver Union Water Company bonds, highlighting their 15 percent yield while the company remains solvent with no debt and growing cash. It outlines the city of Denver’s 1908 appraisal, ensuing litigation, and the Supreme Court’s 1913 ruling allowing municipal bonds for a new plant, noting potential settlement prospects and the unlikely value loss of the bonds.
MENTIONED IN THIS ARTICLE
Denver Union Water
Denver Union Water Company
Denver
Col
South Platte Canal & Reservoir Company
City of
Denver Union
South Platte Canal
United States Circuit Court For
District of Colorado
Circuit Court
United States Circuit Court of Appeals
Court of Appeals
District Court
Supreme Court of the United States
Supreme Court
Mortgage-Certificate Dividend To Be Paid July 1
Quarterly dividend No 9 will be payable July 1 1915 to mortgage certificate and contract holders of record June 1 1915 Checks mailed Blanchard Trustee directs payment to the holders of record as of the specified date.
MENTIONED IN THIS ARTICLE
Associated Trust
Milk Street
Boston
Mass
Shaft C resumes operations after six week labor dispute
Current notes report Shaft C of the Mass Consolidated has resumed operations following a six week shutdown due to labor troubles. First instalment of 50 cents on the Boston and Corbin assessment is due Thursday. Nearly 6 percent of the North Lake assessment, due May 19, has been paid. Thompson Towle & Co. opens a Narragansett Pier branch. the firm now operates five branches. Kelsey Brewer & Co. of Grand Rapids, Mich issues a free booklet on Public Utility Companies and Their Securities.
MENTIONED IN THIS ARTICLE
Mass Consolidated
Boston & Corbin
North Lake
Kelsey Brewer & Co
Grand Rapids, Mich
Dividends Declared by Various Companies
A roundup of scheduled cash dividends across multiple firms. Old Dominion Copper Mining & Smelting, Davos Mills, LAP Standard Oil, Sears Roebuck, General Gas & Electric, Cuba Railroad, Packard Motor Car, National Sugar, Canadian Consolidated Felt, Canadian Consolidated Rubber, Atchison Topeka Santa Fe, and Canadian General Electric announce quarterly or semiannual payouts with record dates in June and July, payments mainly July 1.
MENTIONED IN THIS ARTICLE
Old Dominion Copper Mining & Smelting Company of
New Jersey
Davos Mills
Laptandard Oil Company
Panley
Sears, Roebuck Company
General Gas & Electric Company
Cuba Railroad Company
Packard Motor Car Company
National Sugar Company
Canadian Consolidated Felt Company
Canadian Consolidated Rubber Company, Limited
p _ Atchison, Topeka & Santa Fe Railway Company
Canadian General Electric Company, Limited
Market Liquidation Persists in New York and Boston
Daily totals show New York sales at 337,900 shares and Boston at 27,056 shares with active issues American Tobacco and Calumet & Hecla advancing. From Jan 1 to date New York reached 36,927,300 shares and Boston 2,350,075, versus last year’s 63,132,800 and 5,841,013.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Boston & Corbin
American Tobacco
Detroit United
Calumet & Hecla
Anaconda
Dune
Seevares
Beed Pf
Eee Aly
Smelt & R
Smelt & R Pf
B . Eves
Beth Steel Eee
Beth Steel Pf
Bklyn R'T Beaee
Cal Pet Corp
Cal Pet Corp Pf
Pacifica
Oh Orlys
Ches & Ohio
Cm&sp
China
Desre
Erie
Ins Co Ned
BSG
Liggett
Market falls after renewed liquidation and dry weather warn
Renewed liquidation and a bleak government weather report weighed on stocks in New York. Early gains faded as selling intensified in the final hours, with Union Pacific Canadian Pacific and other dividend stocks slipping. Smelting Northern Pacific Illinois Central and Baltimore and Ohio hit new low points while London copper weakness added pressure. Bonds remained under pressure and total par value sales reached $2 060 000.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Canadian Pacific
South
Middle West
Northern Pacific
Illinois Central
Baltimore
Ohio
London
U. S
Local Market Reports Moderate Copper Stock Selloff
The Boston market shows continued selling in copper shares led by Greene Cananea Boston & Corbin American Zinc and Amalgamated. Boston Elevated climbs to 91 1 2 on May earnings surge and 11 months to June 1 gross receipts gain 448000. Western Telephone 5s and New England Telephone 5s trade with 31500 volume as day ends with firmer tone and irregular prices.
MENTIONED IN THIS ARTICLE
Boston
Greene-Cananea
Boston & Corbin
American’ Zinc
Amalgamated
Greene- Cananea
Boston Elevated
Western Telephone 5S
New England Telephone 5S
Active curb market follows varied trading with lows hit
Foretime traders watched a lively curb market yesterday with Nevada Douglas Bay State Gas Calaveras Davis Daly Mexican Metals Raven Copper and Old Dominion trust receipts leading. Raven Copper slipped to a new low of 2 cents amid broad fluctuations as bond activity showed mixed results across convertibles and rail and utilities issues with several bonds trading near or at top values.
MENTIONED IN THIS ARTICLE
Nevada Douglas
Bay State Gas
Calaveras
Davis Daly
Mexican Metals
Raven Copper
Old Dominion Trust
Raven
Amal Nevada
Butte Central
Butte & London
Iiss Fie Af
Calaveras Etenee
Crown Reserve
Davis Daly Serene
Eagle & Ees
First National
Ieee
Hollinger Science
la Rose
McKinley-Dar'h
Utah Metals
Plan and Agreement Deposits Deadline Notice
All securities deposited and all subscriptions will be received only under the Plan and Agreement dated May 26, 1918 and filed with the Boston Safe Deposit and Trust Company where copies may be obtained. All deposits and subscriptions must be made on or before June 5, 1913. Harry M. Stonemetz Chairman 53 State Streets David A. Ellis Edward 8. Goulston.
MENTIONED IN THIS ARTICLE
Boston Safe Deposit and Trust Company
Franklin Street
Boston
Massachusetts
Order of Boston Safe Deposit and Trust Company
Harry M. Stonemetz
State Streets
Grain markets drift with wheat rally after week of liquidations
Market notes show wheat oversold amid scarce rains in the Southwest and a late rally lifting prices from weekly lows. Corn and oats firm and finish near highs on strong buying. European markets mixed with Liverpool and Paris down. Minneapolis and Duluth carload receipts compare to last year with export sales at 176000 bushels of wheat.
MENTIONED IN THIS ARTICLE
Gnl
Mil & St
Peyton & Conae
Beecia
Peeres Nyc
Nywébossis
Norf & W
Norf & Wert
Ri&p
Chicago
Cetaes
CRI& P
Am Ag
T&t
Col & So
New York
Sarc & Co Real Wees
Minneapolis
Duluth
St Louis
Kansas City
Vaneee Toledo Sle
Disuil
Detroit
Gorg
T& SF
Rome
W & Og
Steee Ae Lim&s Hi Su Pont
Liverpool
Paris
Antwerp
Berlin
Cotton Markets Ease on Skepticism Over Bureau Report
The cotton market slipped about 10 points from yesterday as traders doubted the Bureau condition report of 79.1. They note improved conditions since May 25, with drought stress focused in South Carolina and parts of Oklahoma and oats and wheat affected there while cotton holds firm.
MENTIONED IN THIS ARTICLE
Liverpool
Bureau
South Carolina
Oklahoma
Boston Area Bond Auctions Highlight Local Loans
Waltham awards a temporary loan of 200000 payable November 20 1913 to Bond & Goodwin with Blake Bros. & Co. also bidding. Brockton sells 99000 of 4 1/2 percent bonds maturing 1914 to 1988 to R L Day & Co with Estabrook Curtis Sanger and Blodget Co. among other bidders.
MENTIONED IN THIS ARTICLE
Waltham, Mass
Bond & Goodwin
Blake Bros. & Co
Brockton, Mass
R. L. Day & Co
Estabrook & Co
Curtis & Sanger and Blodget Co
Atlantic Fisheries Report Shows High Prices Amid Scarce Cod
Vessels discharged at the wharf after a day of trawling. Dealers quote haddock and cod prices with pollock and hake. Reports from Louisburg C B and Canso NS note storm losses and scarce mackerel. The Katfos arrives with 14 500 bags of sugar for Montreal and the Cincinnati unloads 5500 tons from Hamburg ahead of outbound shipments. The Arabic sails to Liverpool with 810 cabin and 219 steerage passengers. Father Tierney hosts a reception aboard the Mner.
MENTIONED IN THIS ARTICLE
T Wharf
Pol- Haddock
Hakelock
Robert & Arthur
Emily Sears
Appomattox
Annie Perry
Laura Enos
Josie & Phebe
Mary T. Fallon
Louisburg
C. B
Mary T. Harty
Mary E. Harty
Canso
N. S
Cape
Montreal
Katfos
Lie
Macoris
San Domingo
Boston & Albany
Boston
Cincinnati
Hamburg
White Star Line
Charlestown
Liverpool
Queenstown
Chief Half Moon
Franklin, la
John D. Tierney
St. Catherine's Church
Mner
Immigrant Deportations and Harbor Movements
Nine aliens were deported on the Ara bic. Loney Hing a Chinaman who had stowed away on the Megantic was captured at Portland as he tried to go ashore and has been at the Long wharf immigrant station. The Karina arrived from New York anchored at the New Haven piers. Captain Theodore P. Burgess of Westwood with his wife and others plans a foreign cruise. The Numidian from Glasgow in Halifax is due this afternoon. The Landsman.
MENTIONED IN THIS ARTICLE
Father Tierney
Ireland
Loney Hing
Portlan
Megantic
Celestial
Portland
Long Wharf
Statio
Karina
Theodore P. Burgess
Westwood
New York
New Haven
South Boston
Burgess
Frederick Converse
James Jackson
Saturda
Glasgow
Halifax
Sailing and towing updates from New England shipping news
Shipping notices list arrivals and sailings of steamers and schooners, with multiple vessels named, their origins, destinations, and towages. Several ships, barge tows, and tug calls are noted along with ports from New Bedford to Portland and Philadelphia, including the Kennebec and Oxford barges.
MENTIONED IN THIS ARTICLE
Verona
Nor
Oxholm
Pl. D
Katfos
Lie
Macors
Gloucester
McDorman
Norfolk
Camden
Brown
Bangor
Bay State
Strout
Portland
Cape Ann
Godfrey
Governo Cobb
Allan
St. John
N. B
Eastpor
Gwalia
Armstrong
No Folk
Harvard
Biwabi
New Bedford
Perth Amboy
Farnham
Rockland
Vinalhaven
New York
Richmond
Pierce
Newport News
Kennebec
Iowa
Philadelphia
W. H. Yerkes
Perkins
Salem
Conestoga
Olsen
Kohinoor
Logan
Molino
Daniel Willard
Nelson
Undercliff
Oakland
Riverside
Rondout
Arabic
Liverpool
Queenstown
Seaconner
Sewall
Tobyhanna
Neptune
Oxford
Lynn
Juno
Portmouth
W. Yerkes, Jr
Saugus
Pocon
Charles W. Parker
Harrisburg
Channing
Newburyport
Gettysburg
Robesonia
Franklin
Conewago
A. Mathes
Rockport
Mass
West End
Mabel E. Goss
Edward
Eveleth
Salisbury Beach
Ella Clifton
Eastport
Hume
Village Bell
Etta Vaughan
Iron Shelburne
Beverly
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Etravellers International Cheques
Baring Brothers & Co., Ltd
The
Denver Union Water Bonds
Blanchard
Tous Ee Eres
ROBA
Ee Eree
Beeen Ee
Wolverine
Trimountain
Phelps Dodge
Union
New York Market
Lorillard Co
Louis Nash
May Dept Store
Mer Marine Pf
Mex Pet Co
Miami Copper
Nevada
Nynh&h
Y Ont & W
Nor & West
Nor Pac
Penn
Pitts Coal
People's Gas
Ser of NJ
Bt. Spring
Rock Island
Rumely Co
Sears-Roebuck
St Lou & Sn F
St L& 8
South Pacific
South R
Westinghouse
Boston Stocks
T& T
Alaska Gold M
Algomas
Allouez . Mt
E Telk
Arizona
Atchison Banee
Gulf Wees
Bos
Bos & Albany
Bos & Cora
Bos & Maine
Aine
Butte Ballak Sence
Butte & Sup
Cal
Cal& Arizona
Paul Revere Trust Company
Devonshire ST
Southern Pacific
Brooklyn Rapid Transit
American Telephone
Interboron Rapid Transit
Fort Scott & Memphis
St. Louis
San Francisco
United States
Vanaga Poutra
Carolina C
East Butte
Edison Elec
Fitchburg Pf
Frank Wee
General Elec
Giroux
Granby Coy
Greene
Ancock Dees
McElwain
Mergenthaler
Nevada Co
New Englel
North Butte
Shannon
US Steel
Utah Apex
Utah Consol
Utah Cop Co
Victoria Sciwesere
Winona
Anie
Ewene
I St
L &Sf
Erie Gallienes
Erie Penn Col
Jesse
Great Norris
Lort Line
Hocking Val
Ill Steel
Aus
Alaska
Braden Cooper
Indiana
McKinley Dar’h
Ate
Stewart
Ewenee
Southern Ry
Sim
Bath Steel
Cig Ig
Texas Co
Cvt
Wettlaufer Ae
Brlya
Cen Pacific
L & N-At Gece
Steel
Ches & O
Mac &No
Tie State
Alton
Mob & Ohio
Montag
National Tube
We Union
Boston & Corbin Copper & Silver Mining Company
David A. Ellis
Goulston
Alfred Codman
Charles H. Cole
Frederick L. Dabney
Ellis L. Dresel
Randolph C. Grew
Copter Osler Dasien
Pw. Desir al
Money Markets
Ihe
Boston Clearings
Boston Ances Setar
Renee Mene
Sterling Saan
Metal Markets
Sropee
Ewenne
Boston & Maine
S.s
Sige Seg
Theag
Shipping News
Sosu
Consolidated Stock Exchange of
State Street
Broad Street
N.Y
Union Pacific Atchison and
U. S. Steel