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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 14, 1913

Page

12

Market Advances on Friday the Thirteenth

Market reports show New York and Boston activity with total sales to date and per-exchange details. Notable gains include Union Pacific in Boston and Am Snuff in New York, while Ahmeek Mining shows losses. Call and time money rates edge higher in both markets with menial shifts in speculators.

New York Boston Steel Common Butte & Superior Am. Snuff Great Northern Pref Pt. Pd Union Pacific Ahmeek Mining Call Money

Wall Street Quietly Rises Amid Cautious Trading

In New York the market steadied after yesterday’s volatility with small gains in select issues like Reading Union Pacific Amalgamated and Can. New Haven remained weak near a new low as money rates eased and banks lent 60 to 90 day funds, while overall investment buying fell and bears retreated. Bond sales totaled 2.27 million par with United States 8s up 1/8 on call.

New York Bears Reading Union Pacific Amalgamated Can New Haven London United States

Dividend Notice for American Woolen Company Stock

The Fifty Seventh Quarterly dividend of 1 3 4 percent on the Preferred Capital Stock is payable July 15, 1913 to record holders as of June 23, 1913. Transfer books close June 23 and reopen July 8, 1913. Checks mailed by Guaranty Trust Company of New York. WM. H. Dwelly Jr Treasurer Boston June 7 1913.

American Woolen Company Guaranty Trust Company of New York WM. H. Dwelly, Jr Boston Mass

Copper shares advance. New Haven and Boston & Maine fall

Friday saw mixed gains in copper shares with Allouez Anaconda Calumet & Hecla China Nevada Consolidated Osceola and Wolverine rising. The industrials also posted advances led by General Electric Edison Electric United Fruit and Pullman while New Haven and Boston & Maine declined. sentiment improved after a court injunction halted Old Dominion trust fund disbursement, cutting curb receipts from six to four dollars.

Boston Allouez Anaconda Calumet & Hecla China Nevada Osceola Wolverine General Electric Edison Electric United Fruit Woolen Pullman New Haven Boston & Maine G. M. Hyams Old Dominion Trust

Eastern Texas Electric declares preferred dividend

Eastern Texas Electric Company of Beaumont and Port Arthur Texas has declared a semi annual dividend of 3.00 per share on its preferred capital stock payable July 1 1918 to stockholders of record at the close of business June 18 1913 Stone Webster transfer agents

Eastern Texas Electric Company Beaumont Port Arthur Texas Eastern Texas Eilectric Company Reeros Stone & Webster

Ex-dividend and payments noted on total sales and bonds

Total sales reported at 23,386 shares while bonds amount to 16,600 dollars. Assessment already paid.

Boston curb trading report with mixed declines

Trading on the curb today showed limited feature except for Butte Central and Mexican Metals. Butte Central moved to 55 cents after 2435 shares. Mexican Metals fell to 44 cents on 4475 shares. Old Dominion Trust receipts eased from 6 to 4. Detailed fluctuations follow.

Butte Central Mexican Metals Old Dominion Trust

Cotton Markets Hold Gains Amid Strong Demand in Liverpool

June 13 report notes Liverpool cables near steady with 10 000 bales sold at 7 point gain and renewed heavy buying for shorts lifting local prices about 8 points. Wall Street shorts credited with heavy buying as July contracts seen liquidating. South on the short side of new crop months. Weather warms and crop prospects improve despite scattered rain needs in Southwest Texas. Prices steady after initial hour of trading.

Liverpool Shorts Wall Street Texas

Calendar of today dividends payable and ex dividend notes

A dated ledger lists ex dividend and payable percentages for numerous companies. Major entries include American Ry 134 percent payable, Standard Oil of Cal 239 percent ex, Du Pont de Nemours Powder com 2 percent, Pabst Brewing 14 percent, Philadelphia Elec 14 percent, Canadian General Elec com 1 1/4 percent, Detroit & Mackin 50 cent, Ingersoll Rand 39 (7-1) and other issue notes with payables and ex-dividend dates such as 7-1 and 6-30.

American Rys Appleton Co Borden’s du Pont de Nemours Powder. Com Pabst Brewing Philadelphia Elec Standard Oil of Cal Albany & Susq Amer Amer. Pipe & Const Amer Steel Fdrs Amer. Surety Oan Ongee Ta Win Orks Boston Revere Beach & Lynn Boston Wharf Brooklyn Union As Elec. Com Detroi & Mackin Troit Ackinac Te Greene R. R Ingersoll-Rand Eger & Myers Pelard (P.) Com Jo & Oe Oes Power. Com N. Y Lack. & Western Old

Dividends Declared By Various Companies

Davis Mills declares regular quarterly 144 percent dividend payable June 21 to stock record June 14. Dorchester Trust Company pays 1 percent quarterly with record June 1 and payment June 14. Ingtone Writer issues 144 percent on first preferred and 2 percent on second preferred. American Iron & Steel Manufacturing pays 144 percent on preferred and 134 percent on common, payable July 1 to record June 20. Threshing Machine Co. usual quarterly 184 percent on preferred, payable July 1 to record June 16. Eastern Light & Fuel Co. 7 percent quarterly, payable July 1 to record June 19. Kaufmann Department Stores Inc. 1% percent on preferred, payable July 1 to record June 20. Canadian Westinghouse Co Ltd 1% percent quarterly, payable July 10 to record June 30. Sloss Sheffield Steel & Iron Co 1% percent on preferred stock, payable July 1 to record June 17.

Davis Mills Dorchester Trust Company Ingtone Writer American Iron & Steel Manufacturing Co Sareholders Eastern Light & Fuel Company Kaufmann Department Stores, Inc Canadian Westinghouse Company, Ltd Sloss-Sheffield Steel & Iron Company

State Street Topics Market Rally and Copper Currents

Market continues to advance though less rapidly as shorts cover and banks inject support. Copper market shows wobbliness with supply and consumption signals, surplus near 8 percent of annual use and expectations of future curtailment. agencies well funded and producers hesitant to expand output.

Bay State Trust Company Report Shows June 4 1913 Condition

Bay State Trust Company of Boston Massachusetts submits its condition at close of business June 4 1913 to the Bank Commissioner. The report notes bond yields and market activity including Boston and Maine 6s trading around 961 2 to yield 9 12 percent and a need to raise roughly 27 million for maturing notes amid weak earnings prospects. The 80 day reserve averages cited are currency and specie 8.21 percent deposits in reserve banks 12.22 percent United States and Massachusetts bonds 1.21 percent. Signatures of Curtis Chipman treasurer Gordon Abbott president and others attest to the statements before Bernt W Newhall.

Boston & Maine Bay State Trust Company Boston Mass United States Massachusetts Suffolk Curtis Chipman Gordon Abbott George P. Gardner Philip Stockton Philip L. Saltonstall Bernt W. W. Newhall State of Massachusetts Federal Trust Company of Boston

Stewart Mining Company Eyes Dividend and Ontario Appeal

A despatch from Butte reports Stewart Mining Company plans to maintain a 10 cent quarterly dividend as long as earnings reach 50,000 to 60,000 dollars monthly. The mine may not be performing as strongly as recent months, pending new ore bodies or a successful Ontario veins appeal. Manager M. W. Bacon says earnings could sustain 50,000 to 60,000 monthly for some time, and hopes the Supreme Court appeal on Ontario reins could boost value. Bacon notes no truth to Heinze selling his Stewart stake.

Butte Stewart Mining Company Ontario M. W. Bacon Supreme Court Bacon Heinze Stewart

Copper output and executive moves in current notes

President H F Fay of Old Colony Copper travels to Lake Superior district. Greene Cananea copper May output reaches 2 272 000 pounds, April 8 681 690, May 1912 4 600 000. silver May 78 152 ounces, April 84 225, May 1912 141 957. gold May 428 ounces. Ss P Freeman joins Bright Sears Co in cotton department.

H. F. Fay The Old Colony Copper Company Lake Superior District Greene-Cananea Ss. P. Freeman Bright, Sears & Co

Grain Markets See Broad Activity and Fluctuating Wheat

A broad grain market trends across wheat corn and oats with frequent fluctuations and mixed gains and losses. Wheat moved around nervous levels while corn posted stronger gains before slipping back. Paris and other European markets showed mixed changes. Minneapolis and Chicago receipts and export sales figures are noted, with various regional price directions and carlot activity.

Liverpool Antwerp Paris Budapest Berlin Minneapolis Duluth Chicago

Money Markets Stay Conservative Despite Rate Improvements

Local sentiment remains cautious as big banks ease lending and businessmen seek more credit. New York call rate rose to 124 percent after dipping to 19 percent, with initial 244 percent. Time funds hold 4 to 6 percent. local rates show mixed levels across call loans, commercial paper and treasury balances.

New York Call Boston Corporation Veseserseseers Sidebseaaekbesess Egene Jndsesksiavines Sub-Treasury Treasury Ies Ee Gee

Financial statement of Federal Trust Company

In the last thirty days the average reserve carried was eight point seven percent in currency and specie eight percent deposited in reserve banks two point six four percent in United States and Massachusetts bonds. Suffolk Is June 12 1918. Samuel A Merrill treasurer Joseph H O Neil president James M Morrison John T Burnett William J Carlin Lawrence J Logan James W Kenney directors sworn before me Louis R Hunter Notary Public.

United States Massachusetts Suffolk, Is Samuel A. Merrill Joseph H. O’neil James M. Morrison John T. Burnett William J. Carlin Lawrence J. Logan James W. Kenney Federal Trust Company Louis R. Hunter

Chicago Market Bond and Commodity Quotations Bid and Ask

A dense snapshot of market quotes lists bids and asks for oats, fish, boxboard, streetcar and railroad stocks, commodities and bonds. It includes Armour 4 1/4s at 89 90, Chi Ry No 1 at 90 92, Nat Car at 111 114, Pneu Tool 5s at 88 90, and Pacific Gas at 42 42 5. The table mixes firm prices and percent yields across multiple sectors, reflecting a rapid tradescape.

Quak Oats Booth Fish Swift & Co Cal & Dock West Stone Chi Rys Os - U S Chi Subway Tl & Tst Armour Hs&mpf

Metal Markets Quiet as Copper Holds Steady

The metal market shows little activity with copper unchanged. Tin rises, selling five tons at 45.75 and ten tons at 45.85.

Dun & Co weekly trade review notes mixed retail demand

R G Dun and Company reports that retail trade remains well sustained at many leading centers while some areas show recession. Wholesale buying grows more cautious and focused on immediate needs. Iron and steel producers push to secure new orders as demand climbs and premiums for early delivery fade in sheets and wire products.

New York R. G. Dun & Co

Trade and industry activity across sectors signals tentative recovery

The report notes concessions on steel sheets with prices easing by about $1 per ton and a large drop in unfilled steel contracts last month prompting buyers to delay orders hoping for tariff-driven price cuts. Pig iron inquiries rise while the market readjusts, jobbers clear dry goods, and retailers buy summer materials. Clothiers place fall orders, footwear demand grows, and leather trades show modest gains, with U.S. and Canadian commercial failures rising year over year.

Mass towns announce temporary loan awards and bids

Malden awards 200000 loan to Loring Tolman Tupper due December 18. Pittsfield invites bids this June for 100000 loan dated June 18 due October 17. Salem awards 150000 in two installments to Old Colony Trust Company with other bidders noted. Gardner awards 40000 loans to Lee Higginson Co with Gardner Savings Bank among bidders.

Malden Mass Loring, Tolman & Tupper Pittsfield Salem Old Colony Trust Company Bond & Goodwin R. L. Day & Co Lee, Higginson & Co Gardner Gardner Savings Bank

Obituaries and Funeral Notices from Boston Area

A long list of death notices and funeral details for residents across Roxbury Dorchester South Boston Medford and surrounding areas. Entries include Coffin Battey Crown Allen Knapp Homans Bleiser Roos Canty Cronin Dunn Fee Flynn Gazet Glynn Grady Graham Grant Hennessy Heslan Holland Kelly Lewis Maguire Malmberg McIntosh Murphy Rawson Reed Rourke Scollard Sullivan Tate Thulin Turke Turner and others with dates June 10–18 and service details at parishes and churches.

Coffin—Battey Arlington Heights West St Levi M. Powers Harry Randolph Coffin New York City Edna Marie Battey Edward Battey Crown—Allen St. John’s Memorial Chapel Cambridge William Lawrence Pauline Corey Allen Edward Staples Crown. Knapp—Homans Longwood Mass Reginald Heber Howe Alice F Eugene Knapp Brookline John Homans Boston Dorchester Ave Canty Mary Canty Driscoll John J. Canty SS. Peter and Paul's St. Peter's Church Meeting House Hill Pr. FE. I Fee Hingham Joanna M John Hl. Fee Halley Jersey St St. Paul’s Church St. Paul’s Flynn Dorchester Henry F. Flynn Norton St Helen M Francis A. Gazer Waterman Chapel Washington St Roxbury Glynn Edward Glynn Ellen Nugent Glynn Roxbury St St. Francis de Sales Grady South Natick Patrick Grady Leach Lane Church of the Sacred Heart Graham Boston Highlands Ann Patrick Graham Oakland Ave Dudley St St. Patrick's Church Holyhood Cemetery Grant Portland Oregon Myra EB. Grant Hyde W. C. Grant Hennessy Thomas Mary E. Hennessy Cohan Rockville Park South Weymouth Tigh Joseph's Church Hbeslan South Boston Catherine John Heslan Hickey East Second St Holland Hannah James Holland Lyons Third St St. Vincent’s Church John Malmberg Murphy Winchester Mary E William Murphy Nelson St A. m St. Mary's Church Rawson Dorothy James Mary Rawson McMahon Saratoga St Reed John and Catherine Reed Mulhern Blue Hill Ave Rourke Daniel D Mary T. Rourke Star of the Sea

Also Mentioned on This Page

Kidder, Peabody & CO Devonshire Street Travellers International Cheques Baring Brothers & Co., Ltd Commercial Foreign Exchange New York Market Smelt & R Smelt & R Pf Am Smelt Pf B Snuff Eee Nee Am Steel Ealt Ohio Settee Beth Steel See Eee Beth Steel Pf Bklyn RT Cal Pet Corp Can Pacific Cen Leather Erie Goldfield Con Goodrich Lehigh Walt Loose-Wiles Co Lorillard Co Lous Nash Se Mer Marine Mex Pet Co Lt Miami Copper Nat Biscuit Pcc&s U Ereeeeee Unionacific Boston Stocks Cb&q Meek Tee Alaska Gold Kensenae Arizona Bos Bos & Corbin Bos& Maine Bos& Maine Pl Butte & Supeenee Bbs Cal . Ga Cal & Waeee Gretanaial Ewe East Boston East Butte Edison Elec Indiana Necot Ny&nh Ene Rutland Pf Ee Torrington Bay State Gas Ely Butte & London Calaveras Ee Ee M Davis Eagle & Blue Bell Ely Wite We First Ae Hollinger See Santa Ysabel Anglo-Am Oil Ely Consoliroux McKinleills Ohio C Standard Oil State Street Copper Producers’ Association Stock Exchange Pete Bate Now & Woon North Pacific Allie-Chalmers Coctis Az Sae Ie Ag Chem Hide & Au Scishing T&t del & Hudert den& RG Rg Bs Public Njs Armour & Co Real AT &S Rock & P St Linas Rg Erie-Penn Seab Air Lad T&t Ds. Aes Coaak Line Esq &W Sivas So Pacific Col Ee Hocking Valsis O Atlc Ll& al Ill Steel Osteen Balt & O Indiana Steel T Ss So ‘Pacific Bal & O Souter Ry Panda Gas Ts Texas Co Wa Steno Ea Kias Ay Bal & O L& West Kan City Rap Dia Union Pac Secon Bone Kings Co B &Q Mil & St P Sen Nee Mil & St Rene Cena Cen Eq Tr Full Ree & Power Trust Co Ct P-C Westers West Maryland West Shore Sanaa Atlanta Silver Leaf Blue Bull Booth Trethewey Wettlaufer Ll Comb Frac Big Dome Obie Florence Dome Ex Bel Dome Lk Daisy F O’brien Merg Hollinger Jim Butler Upster Um MelIntyre M'Namara Dome Midway Pearl Lake Mizpah Montana North Star E Dome Res Eula Rea Mines Ton Bel Ton Iron Bros Cobalt Lk King Wm Coniagas Mason Val Crown Res Lwr Mam Foster Gifford New Hills Gt North la Rose Nipissing Sioux Pet Lake Uncle Sam Rof Way Victoria Rochester Wilbert Eaeteee N.Y. Minn St.Louis Toledo Ewer Ete Eee Pan Enewe Money Markets Philadelphia Market Phila Co Camb Steel Phila Co of Otrof NJ Phila Tr Lehigh Nay Lehigh Vy. Tate RBG Pa Steel Warker St Eeee Chicago Market Pat Etl Metal Markets Eernee Tin Lake Castin Tin Stey Spot Cookson Cs Sccael Seer Fees Dun Pierce Co Canada Post Scollard Massachusetts General Hospital Joanna A Garrett and Joanna Scollard Howard Pl Howard Ave St. Paul's Church Woodward Park St Sullivan Frank T Eilen KB. Sullivan Shea Shepard Ave St. Mary’s of the Assumption Church G. K Brookline Council Medford George C. Tate Manning St Worcester Thulin Ada Hans Thulin Main St Turke Mary Anthony Turke Connolly Turner Charles F. Turner U. S Bron Ft. Hill
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