Liquidation Causes Recession in Prices
Total sales New York 466600 shares Boston 30915 shares. Most active issue in New York Steel common 99000 shares. Most active issue in Boston American Telephone 4945 shares. Total sales Jan 1 1911 to date New York 50086100 shares Boston 3356176 shares. Corresponding period last year New York 92575600 shares Boston 6952525 shares. Greatest gain in New York list Norfolk & Western 13g to 1093¢. Greatest loss in New York list Woolen pfd 3 to 9156. Greatest gain in Boston list Boston Suburban Elec pfd 154 to 7614 and Mergenthaler 114 to 22414. Greatest loss in Boston list N E Telephone 214 to 14734. Call money New York 234% Boston 24 to 3%. Time money New York 3 to 334% Boston 314 to 414%.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
American Telephone
Norfolk & Western
Mergenthaler
N. E
Bears drive market lower amid nerves over crops and tariffs
The market opened weak as bears dominated trading with broad selling. Unfavorable crop reports from the West and talk of sweeping tariff revisions weighed on sentiment, dampening buying in the granger group and prompting a cautious outlook for weeks to come.
MENTIONED IN THIS ARTICLE
Granger Group
McRe
Local Market Quiet Amid Mixed Tel ephone and Steel Activity
The market showed subdued trading with modest gains in American Telephone after financing news and steady to weak moves in steel and related issues. Notable losers included Mohawk and Calumet & Arizona as copper stocks and rail-related names moved. dividend declarations and brokerage ads appear among routine notices.
MENTIONED IN THIS ARTICLE
Sony
Calumet & Arizona
New York
New Haven & Ord
Granby
Isle Royale improves mill engine and lake intake at stamp mill
Isle Royale installs a compound engine at the stamp mill to cut fuel use by about two percent while maintaining tonnage. To guard against low water, the plant deepens its lake intake by roughly 15 feet. Copper output reports show May totals for Utah Copper and Nevada Consolidated, with California or regional figures. Alvarado Mining & Milling plans broader vein development, starting drifts from the Presena shaft near the Veta Coloride ledge, reaching 928 feet depth.
MENTIONED IN THIS ARTICLE
Isle Royale
Lake Superior
Utah Copper Company
Nevada Consolidated Copper Company
Alvarado Mining & Milling Company
Long
Smith
Mexico
Presena
Veta Colorside
Boston Market Opens With Mixed Stock and Bond Prices
The Boston Market page reports stock and bond price movements with total sales and prior close comparisons for several issues. Listings include East Boston 10% and 10% marks, Am Tel & Tel around 148% and 147% daily figures, Cumberland Tel around 15% and 156%, and Mexican Tel pref near 6% with partial quotes, along with New Eng Tel near 147%.
MENTIONED IN THIS ARTICLE
Boston
Cumberland
New York Stock Prices Today Highest and Lowest
New York markets report the day's high and low stock prices in New York. Last sales figures for today and yesterday accompany the closing snapshot.
MENTIONED IN THIS ARTICLE
New York
Bids Sought for Temporary Loan and Bond News From Market Report
Alabama Consolidated and Southern Iron & Steel post a $50 000 loan bid due December 10 1911 with three notes 25000 15000 and 10000 Chicopee stock bonus announced. Seaboard Air Line Railway declares 212 percent interest on mortgage income bonds for six months ended April 30. N W Harris & Co Boston tops New England bids for Panama canal bonds and notes their ability to quote close market prices.
MENTIONED IN THIS ARTICLE
Chicopee
Seaboard Air Line Railway
N. W. Harris & Co
Boston
New England
United States
Underwriting Firms Finalize Alabama-Southern Merger Securities
Hayden, Stone & Co. finish underwriting the merger of Alabama Consolidated Coal & Iron and Southern Iron & Steel. The plan issues 5,000,000 dollars of 5 per cent bonds at par with 5 per cent cash and 25 per cent of preferred and 25 per cent of common stock for underwriting. The new bonds will be offered to the stockholders.
MENTIONED IN THIS ARTICLE
Hayden, Stone & Co
Alabama Consolidated Coal & Iron Company
Southern Iron & Steel Company
Dividend Calendar Notes For Today
Dividends payable include Lehigh & Wilkesbarre Coal six and a half percent Am. Brake Shoe & Foundry common and preferred Am. Zinc Lead and Smelt Beech Creek ex-dividend Cleve Cin Chicago and St. 12 preferred Interboro Rapid Transit Inter Harvester common Joliet and Chicago Tri City Ry Lt preferred United Fruit Close Am Silver & Refining common for dividend Am. Woolen preferred West End Street Ry preferred Books Open Norfolk & Portsmouth Trac for meeting
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Beech Creek
Cley., Cin
Chic
St. 12
Interboro Rap
Inter. Harvester
Joliet & Chicago
Tri-City
United Fruit
Tech Track Faster Than Ever Before
Tech Field at N B A A U meets gains with new pole vault box and high jump path allowing simultaneous events. Ground improvements by Bill Hynes crew aided by two weeks of rain plus a planned steam roller run over the track. Major Briggs arranged to have the track refreshed for Friday and a good day Saturday to attract crack runners.
MENTIONED IN THIS ARTICLE
Technology Field
Tech Field
Tech
Bill Hynes
Briggs
Pettiti Named Asst Corporation Counsel Candidate
Jerome Pettiti a North End lawyer and longtime Ward 6 Republican leader is reported at City Hall to be slated for the post of assistant corporation counsel to succeed the late David Leahy. The mayor seeks Italian representation in the city law department with a salary of 2500 dollars. Other candidates include John J. Douglass of East Boston and former assistant district attorney Felix W. McGettrick.
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Jerome Pettiti
North End
Fitzgerald
City Hall
David Leahy
Pettiti
Fitzgeralds
John J. Douglass
East Boston
Felix W. McGettrick
City Buzz Wagon Fleet Grows With Two New Autos
City Purchasing Agent Mullen contracted for two Overland machines for the public works department at 1050 each. One will serve the highway division and the other the street cleaning and watering division. Boston now reportedly leads New England cities in auto numbers.
MENTIONED IN THIS ARTICLE
Mullen
Public Works Department
Boston
New England
Mayor Donates Meriden Salary to City Department
Meriden Connecticut June 22 Congress man Thomas L Reilly returned to Washington and said his month’s mayoral salary of 82 50 was transferred to the inspector of foods J J Donovan because the department is short of funds He added another month’s mayor salary will go to a fund for a safe and sane Fourth of July celebration
MENTIONED IN THIS ARTICLE
Meriden
Conn
Thomas L. Reilly
Washington
Inspector of Foods
J. J. Donovan
Reilly
Gurney Sentenced After Forgery Arrest At Cemetery
Howard E Gur ney was sent to Concord Reformatory for an indefinite term after a District Court hearing in Woburn. The forgery charge stemmed from an incident near his wife’s grave in a Melrose cemetery. the amount involved was small.
MENTIONED IN THIS ARTICLE
Woburn
Howard E. Gurney
Melrose
Concord Reformatory
Naval Wedding in Swampscott Militia Attends Naval Ceremony
Nearly 150 naval officers gathered at Phillips Beach for the wedding of John N. Jordan a navy assistant paymaster and Miss Lillian H. Terhune. Lieutenant Lewman Morgan served as best man and Rev. Arthur Little officiated. The bride wore duchess lace over white satin with a pearl veil and carried lilies of the valley. She is the daughter of William L. Terhune proprietor of the Boot and Shoe Recorder. The romance began last fall after a reception aboard the Wabash.
MENTIONED IN THIS ARTICLE
William Ll. Terhune
Boot & Shoe Recorder
Miss Emma Galbraith Weds Frank Ewart at Newton Upper Falls
Miss Emma Weed Galbraith daughter of Rev John Galbraith married Frank Alva Ewart son of John Ewart at Newton Upper Falls Methodist Church. Rev Galbraith officiated at 7 30 with Mary Galbraith maid of honor and bridesmaids Harriet Clarke Eva Perry Marion Ewart. Best man was H Lawton Chase with ushers Joseph Bryer Arthur Day Walter Burt and Mervin Carl.
MENTIONED IN THIS ARTICLE
Emma Weed Galbraith
John Galbraith
Newton Upper Falls Methodist Church
Frank Alva Ewart
John Ewart
Newman Way
Arlington
Mary ©. Galbraith
Harriet EF. Clarke
Millerton
N. Y
Eva L. Perry
West Denenis
N. H
Marion Ewart
Salem
H. Lawton Chase
Boston
Joseph Bryer
Cliftondale
Arthur Day
Stoughton
Walter Burt
Somerville
Mervin
Carl
Claremont
Dorchester Couple Wed at St Peter's Church
Miss Lena Dignan of 38 Hecla Street Dorchester married Professor John HE J Kelly of the English High School at St Peter's Church Dorchester. Rev Father Edward Kenney officiated. They will honeymoon in Europe as Mr Kelly has a one year leave of absence.
MENTIONED IN THIS ARTICLE
Lena Dignan
Hecla Street
Dorchester
John HE. J. Kelly
St. Peter’s Church
Edward Kenney
Europe
Mr. Kelly
A Depart mental Case Appears in Sunday Post
One of O. Henry's finest tales titled A Depart mental Case is set to appear in the forthcoming Sunday Post, drawing reader interest for its wit and clever wordplay.
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O. Henry
Next Sunday
Post
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