Markets Narrow Failures and Gains Across Two Hubs
Market figures show total New York sales of 68,054,000 shares and Boston 6,598,130 for Jan 1 to date 1912, with year over year comparatives. Reading led New York activity at 47,500 shares, U S Smelting in Boston at 8389, and notable gains and losses listed for Buffalo, Rochester & Pittsburg, Liggett & Meyers, Calumet & Hecla, and Northern Railroad. Call money in New York stands at 23 4 percent and Boston at 31 2 percent. time money ranges New York 3 to 4 percent and Boston 33 4 to 41 2 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
U. S
Buffalo
Rochester
Pittsburg
Liggett & Meyers
Calumet & Hecla
Northern Railroad
Dulneas
Sterling Exchange
Oeeereee
Eave
Eone
Ailver Senor
Bankers’ ‘Commercial Eee
Francs Ae
Reichamarks
Guilders - Ee Ee
Market Drifts After Early Rally As Chicago Convention Looms
New York June 21 The stock market opened strong with broad gains but soon retreated as Chicago convention prospects loomed and only a few high priced issues posted modest advances. The Interstate Commerce Commission ordered reparation for excess rates by a coal line, copper stocks showed depletion, and steel faced expectations of higher finished prices. Bond activity was unsettled with total sales about 2.68 million dollars.
MENTIONED IN THIS ARTICLE
New York
Chicago
American Tobacco
Texas Pacific
Interstate Commerce Commission
Delaware, Lackawanna & Western Road
Europe
United States
Gatas
Market News: Copper Stocks Rally on Osceola Dividend Rise
In Boston on June 21 transactions in local issues showed a firm tone with Lake copper shares advancing notably. Osceola Mohawk Ahmeek Superior Centennial and Isle Royale led gains as copper prices rose to 1734 cents, the highest since 1907. Calumet & Hecla gained 6 points to 53 1 2 while Osceola rose 21 2 to 12 1 2. United Fruits fell 17 8 to 20 3 4.
MENTIONED IN THIS ARTICLE
Boston
Lake Superior
Osceola
Mohawk
Ahmeek
Superior
Centennial
Isle Royale
Calumet & Hecla
United Fruits
Gulfie
West T & T
Algomah
Seeene
Tel & Te See
Eee Tee
Arizona
Bos & Albany
Boston & Corbin
Butte
Centennial Ee
China
Eee
Daly West
East Boston
Miami
Santa
Sete Wees
St Mary
Shannon
U S
Winona
Boston Stocks Ex-dividend Brief
Boston stocks report shows ex-dividend status with total sales 56 832 shares bonds 5500 and rights 36.
Curb Market Active With Notable Copper Decline
Boston curb market traded broadly with Ohio Copper, Laramie, Houghton Copper, Davis Daly, South Lake, Eagle and the Bell, and Butte Central leading. Ohio Copper touched a new low at 68 cents as detailed fluctuations followed.
MENTIONED IN THIS ARTICLE
Ohio Copper
Laramie
Houghton Coper
Davis Daly
South Lake
Eagle & the Bell
Butte Central
Bay State Gas
Eeewee
Bingham
Bohemia Aaa
Boston Ely
Calaveras Eee Wees
Cortez
South Lake Eens
Yukon
Osceola Dividends Rise Amid Copper Boom and Bond Movements
Osceola directors approve a semi annual dividend of 6 per share totaling 576,900 as copper profits surge. Calumet & Hecla benefits from 32,781 shares, with copper and stock value rising since 1911. Brooklyn Rapid Transit notes and Interborough bonds flood markets while copper prices climb. Utah Copper and Nevada Consolidated push output. Lehigh Valley earnings drop in May due to coal demand changes. Market pundits expect political factors to have limited near term impact.
MENTIONED IN THIS ARTICLE
Osceola
Calumet & Hecla
Ths
Brooklyn Rapid Transit Company
Interborough
Brooklyn Rapid Transit
Lehigh Valley
East
Lehigh
Copper Company debts erased and board nominees named
Allouez advance reports the company has freed itself of debt from 77,700. Board nominees for the new company succeeding Ohio Copper include W.O. Allison, John C. Montgomery, J. F. Pierson Jr, F. A. Heinze, and Stanley Gifford. Applications to list major securities on the New York Stock Exchange are filed for several firms, including International Harvesters and Woolworth. May copper output rises for Utah Copper while Nevada Consolidated production dips. Gridley Smith Company directors include John N. Landers and John H. McAlman.
MENTIONED IN THIS ARTICLE
Allouez
Ohio Copper Company
W.O. Allison
National Reserve Bank of New York
John C. Montgomery
Empire Copper
J. F. Pierson, Jr
Pierson & Co
New York Stock Exchange
International Harvester Company
International Agricultural Corporation
F. W. Woolworth
Loose-Wiles Biscuit Company
American Coal Products Company
Atchison
California & Arizona
California
Cotton markets stay dull yet strong amid broad buying
The cotton market yesterday opened 5 to 8 higher before sliding back on realizing. A very strong TWiver pool supported gains on large continent orders for old crop months. Spot interests and bulls lent support with short covering here abroad. The South also showed buying.
MENTIONED IN THIS ARTICLE
Twiverpool
South
Metal Markets Mixed Activity on New York Exchange Tin Leads
Tin dominates with firm tone on the New York Metal Exchange while copper stays routine. London market shows copper around £79 28s 6d spot with sales. tin trades near £206 spot and futures £196 with sizable tonnage.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Cookson
London
G. M. B. Snot
Multiple New Bond Issues Bid For Municipal and Transit Funds
Marlboro Mass bids due June 25 for 50000 temporary loan maturing April 10 1913 Attleboro Mass bids due June 26 for 75000 4 per cent serial sewer bonds dated July 1 1912 Auburn Me bids due June 27 for 70000 20 year 4 per cent coupon bonds in two lots Erie R R notes 450000 5 per cent gold notes dated June 1 1912 payable in five series Central Trust Kuhn Loeb Kidder Peabody note oversubscription ends for Brooklyn Rapid Transit notes
MENTIONED IN THIS ARTICLE
Marlboro
Mass
Attleboro
Auburn
New York
Up-State Public Service Commission
Erie R. R. Company
Central Trust Company
Kuhn, Loeb & Co
Kidder, Peabody & Co
Brooklyn
Grain markets show firm open and mixed closes
Wheat opened firm advancing 3 8 to 1 2 and later to 11 2 before ending down about 7 8. Early reports distressed traders but later gave hope as winter wheat conditions improved and buying demand remained limited. Detailed fluctuations followed.
Cosmopolitan Trust Co. Reports Financial Statement
The statement shows assets including loans and real estate collateral, deposits, and reserves. Offsetting entries list cash, currency, bonds, and bank balances with figures for a period ending June 30, 1912, sworn by officers including Treasurer Arthur Y. Potter and Vice-President Max Mitchell.
MENTIONED IN THIS ARTICLE
United States
Massachusetts
Suffolk Ss
Arthur Y. Potter
Max Mitchell
J. Everett Stone
Philip Cabot
Patrick F. O'Keefe
Horach FE. Aildreth
Gustavus I. Peavy
Cosmopolitan Trust Co
Boston
Bond Market Across New York Tightens Amid Supplies and Woes
In New York on June 21 bonds held firm with strength seen in Atchison convertibles Interborough-Retttonathan 44s and New York Railways. Wool prices rise hinting at higher finished goods quotes while iron and steel lead as mills run near capacity. Bank clears for week to June 20 total 5.087 billion down 3.1 percent from 1911. Weekly business failures 266 vs 322 in 1911 and other historic years. Wheat exports for week ending June 20 reach 4.784 million bushels up from last year. Weather unsettled east hampering trade. western crop reports strong.
MENTIONED IN THIS ARTICLE
Iron and Steel
United States
Canada
Telegraph
Bradstreet
Bradstreet's Review States Trade Shows Mixed Signals
Bradstreet's Review notes improved crop reports and steady industrial activity while weather, high prices, midseason factors, and political maneuvering cause irregular distribution. Textile jobbers and wholesale dealers are stocking fabrics for fall and spring as part of the uncertain market climate.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Trade reviews show broadening demand across centers
R G Dun weekly review notes uniform improvement in most leading trade centers with demand widening and signs of active fall trade. Weather favors distribution and crops, spot goods demand rising, and quick shipment for small lots. Leather and footwear improve while some leathers stay dull. leather prices stay firm with few declines.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
Dividend declarations from multiple companies
The notice lists regular quarterly and semi annual dividends for several firms including Walpole Rubber Company Union Typewriter Company Osceola Consolidated Mining Company Gridley Lunch Company La Rose Consolidated Mining Company Gorham Manufacturing Company American Screw Company Textile Finishing Machinery Company Westinghouse Electric Company National Security Bank Boston with amounts percentages and payment dates or record dates. Payable in July with specified record dates June values.
MENTIONED IN THIS ARTICLE
Walpole Rubber Company
Union Typewriter Company
Osceola Consolidated Mining Company
Textile Finishing Machinery Company
Westinghouse Electric Company
National Security Bank
Boston
Torchy and Vee Featured in Sewell Ford Story
The Sunday Post Magazine will feature Sewell Ford's tale A Kick In by Torchy about the red headed office boy Torchy. A front cover picture shows Torchy and the admired Vee, drawing admirers of the character.
MENTIONED IN THIS ARTICLE
Torchy
Sewell Ford
Sunday Post
Vee
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