Grain Markets Show Mixed Wall Street Tone
Grain markets feature an active lower trend in Het with rain benefiting corn and oats belts. Selling dominated though some investment buying and short covering occurred. July wheat down, other wheat and corn and oats futures mixed with international prices varying across Paris Antwerp Berlin Budapest and Minneapolis and Duluth receipts and Chicago cash gates noted.
MENTIONED IN THIS ARTICLE
Het
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
Local Bank Statement Shows Deficit Figures
One year earlier the bank reported loans of 237,775,000 and circulation of 8,244,000. Individual deposits stood at 203,245,000 with due to banks at 79,725,000 and due from agents at 203,245,000. Other assets listed 26,450,000 with legal tenders 4,656,000 and specie 27,757,000.
MENTIONED IN THIS ARTICLE
Eee Inc
Eee E Wenn
New York
Boston
TTR
FPO
FPR
Cotton Market Steady Amid Crop Improvement Signals
Cotton was dull but steady with prices six to seven points below Saturday’s close. Crop accounts show ongoing improvement and the National Ginners' Association rating of 83 spurred substantial selling as it indicated over 3% gain in the last month. Heavy rains hit Georgia and Arkansas while temperatures stayed high and traders feared the weekly weather report would stress dry conditions in parts of the Eastern and Central belts.
MENTIONED IN THIS ARTICLE
National Ginners’ Association
Georgia
Arkansas
Dividend Declared by United States Smelting Refining & Mining
The directors declare a quarterly dividend of 1 percent (87 cents per share) on the Preferred Capital Stock and 14 percent (75 cents per share) on the Common Capital Stock, payable July 15, 1918, to stockholders of record at the close of business June 30, 1913. F. W. Batchelder, Treasurer.
MENTIONED IN THIS ARTICLE
United States Smelting, Refining & Mining Company
F. W. Batchelder
Island Creek Coal Company
Copper Range Consolidated Company
Fredeeric Stanwood
Boston
Boston Stocks Ex-dividend Report
Boston market notes an ex dividend day with total sales of 12,730 shares and bonds valued at 7000 dollars. Several entities are mentioned but details of issuers and prices are not specified. The report records market activity across equity and fixed income with emphasis on outstanding shares traded and bond value.
Bond Market Notes Reflect bids and awards across Massachusetts
Gloucester invites bids by 2 p m June 24 for 60000 dollars of four and a half percent municipal bonds dated June 2 1918 and due 1914 1924 with annual 6000 repayments. No bids on 38775 dollar Quincy sidewalk bonds. Brockton awards 95000 dollars of four and a half to five percent bonds to R L Day Co for poor department school and Franklin school issues dated 1913 1914 1933 1938 with various maturities. Other bidders listed: Estabrook Merrill Oldham and Blodget.
MENTIONED IN THIS ARTICLE
Gloucester
Mass
Brockton, Mass
R. L. Day & Co
Poor Department
Franklin School
Estabrook & Co
Merrill, Oldham & Co
Blodget & Co
National Properties declares 6 percent dividend on preferred stock
The directors of National Properties Company decide to pay the cumulative preferred stock dividend at 6 percent annually, with the first semiannual 3 percent dividend due July 15. Transfer books close June 30 and reopen July 16. The firm, formed to take over Wilmington & Philadelphia Traction and Tonopah water interests, also owned Pittsburg City Light & Power before selling it to a Philadelphia company.
MENTIONED IN THIS ARTICLE
National Properties Company
Wilmington & Philadelphia Traction Company
Street Railway
Electric Light System
Wilmington
Del
Water Company
Tonopah
New
Prices firm on light dealings in early trading
Majority of stocks recover ground last Saturday as Amheek lowers dividend from seven to five cents quarterly, the first cut since initiation two years ago. Readings show New York and Boston totals for sales and notable gains and losses across lists.
MENTIONED IN THIS ARTICLE
New York
Boston
Hochredrs
LHR
Bankers Sterling
Commercia Acre
Reichsmarks
Ahmeek
Market Rebound Amid Caution After Friday Selloff
New York traders saw a midday rally after heavy Friday declines, with stocks easing from highs late in the session. Short covering was limited by scarce supply of shares while bears faced reduced influence from freight rate news and a Treasury message. Bond activity remained firm as idle freight cars rose by about 11,000.
Local Market Open Clubs Amalgamated Rise In Boston Stocks
Boston market notes follow New York trends with Amalgamated rising from 62 1 2 to 64 1 8 and closing at 63 Amalgamated gains backed by Calumet & Arizona Wolverine North Butte and Mohawk though volume remains light. Ahmeek dividend cut to 5 hits 285 selling 10 shares and Boston Elevated climbs 86 while Massachusetts Gas slips 2 points to 90. overall close shows firm tone despite light activity.
MENTIONED IN THIS ARTICLE
Boston
New York
London
Amalgamated
Calumet & Arizona
Wolverine
North Butte
Mohawk
Ahmeek
Massachusetts
State Street Topics on Rail, Metal, and Dividend News
Markets turned higher after the Commerce Commission’s rate delay left traffic status similar to before. Baltimore & Ohio reports May earnings up over 700000 gross, but net trails. full-year gross may top 100 million, with net possibly a new high if June improves. Interborough Metropolitan’s earnings surge supports dividend resumption questions. Copper and tin saw large drops in metal markets with copper at 1438 cents. Ahmeek Mining cuts quarterly dividend to 5 a share from 7, after a history of rising payments and a $250 stock price before dividends began.
MENTIONED IN THIS ARTICLE
Bears
Commerce Commission
Commission
Baltimore & Ohio
Interborough
Interborough Rapid Transit Company
Interborough Metropolitan
New York
London
Ahmeek Mining Company
Ahmeek
Stock market tones buoyed by rail rate delay decision
Wall Street sentiment improves as Commerce Commission defers 5 percent rate increase pending its own expert review. Railroads report a large idle car surplus while freight is rebounding. Total trading volume totals $980,000, with year-to-date and prior period comparisons noted.
MENTIONED IN THIS ARTICLE
Commerce Commission
American Railway Association
Philadelphia Market Bid Report Summary
A fragmented market bid listing municipal and corporate securities across Philadelphia and regional firms. Items include steel, asphalt, salts, and utility issues with varied percentages, par values, and trading notes for Lehigh and Penn entities, utilities, and railroad stocks.
Filene's sons stockholders approve capital changes and class consolidation
Stockholders vote to raise authorized capital to 4 100 000 dollars and convert preferred shares to series A and B while abolishing class A and B for common stock. Summary details include 7 percent preferred ranks, liquidation terms at 110 dollars per share, retirement options, and 75 percent consent requirements. Also noted is Knight of the Iron Cap Copper reporting high grade car sales and cash balance with 10 cars pending and 54 cars sent to smelter.
MENTIONED IN THIS ARTICLE
Pacific
Ches & Ohio
Erie
Goodrich
It & M
Louis Nash Teenee
Mer Marine Pf
Mex Pet Co Lt
Miami Copper
Minn & 8
L Senee
Sp&ssm
Nevada
Rock Island
St Lou & Sn F
Sl&sf
Studebaker
the Texas Co
Third Ave
UN B
Union Brig A
UN Pacific P
Ubci & F
U S Rubber
Woolworth Pf
William Filene’s Sons Company
Preferred
Knight of
the Iron Cap Copper
Dividends Declared by Multiple Companies This Quarter
Almeck Copper Mining Company declares a quarterly dividend of five dollars payable July 10 to stockholders of record June 26. United States Smelting Refining & Mining Company pays regular quarterly dividends of 1 1/2 percent on common stock and 1 3/8 percent on preferred stock, $0.75 and $0.875 per share respectively, payable July 15 to stockholders of record June 30. Hanover Fire Insurance Company declares a quarterly dividend of four percent payable July 1. Books closed June 21 and reopen July 3.
MENTIONED IN THIS ARTICLE
Almeck Copper Mining Company
United States Smelting, Refining & Mining Company
Hanover Fire Insurance Company
Currency Reform Amid Civil War Era Legal Overhaul
A radical revision of currency laws is before Congress for the first time since the National Bank Act. The proposed measure would alter present methods and touch every citizen. A Boston Post financial page tomorrow will explain chief features and likely effects.
MENTIONED IN THIS ARTICLE
National Bank Act
Congress
Boston Post
Strike Looms as Boilermakers Seek Higher Wages
A committee of about 1400 boilermakers on strike appeared at the State House before the State Board of Conciliation and Arbitration seeking a settlement. Leaders, including International Vice-President John J. Dowd and Business Agent William A. McDonald, urged a prompt accord, warning of a general metal trades strike if unmet. Employers show some willingness, several signups expected, with talks continuing today or tomorrow.
MENTIONED IN THIS ARTICLE
State House
State Board of
International
John J. Dowd
William A. McDonald
Boilermakers’ Union
State Board
John W. Keenan
Calendar for Today and Payables Across Firms
Calendar for today lists payable dates in parentheses for several issuers. Amer. Coal Products 13-4 pct, Bell Tel of Can 2 pct, Canadian Cottons 11-2 pct, Conn. River Pwr com 1 pct, Kansas Gas & Elec pfd 18-4 pct, N. CG & H R 11-4 pct, N. Transit 10 pct. Also notes Books Open and Quincy Mag. Co. Meetings for Mass. Gas Cos. Westinghouse Machine Co.
MENTIONED IN THIS ARTICLE
Amer. Coal Products. Com
Bell Tel
Can
Conn
River Pwr. Com
Kansas Gas & Elec
Pfd
N. ¥. Transit
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N. W. Harris
Federal St
Jane
Eee
Toledo
Detroit
New Yeork
Liverpool
Bay
Money Markets
United Light & Railways Co
Moors & Cabot
Devonshire St
United States Smelting, Refining & Mining Co
Semen
Eee We
Metal Markets
Uiet
Cookson’s
Northern
Atlanta
Trethewey
Blue Bull
Wettlaufer Ll Boot
Big Dome
Comb Frac
Dome
Dome Lake
Florence
Jim Butler
Pear Lake
M'Namara
Pore Gold
Midway
Mizpah Montana
Rea Mines
North Star
West Dome
Res Eula
Ton Bel
Alta Teeter
Beck Tun
Colo
Bailey
Crown Pt
Beaver
Buffalo
Gold Chain
Canadian
Chamber
Iron Bros
City Cobalt
Iron Kg
Cobalt L
King
Coniagas
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Crown Res
Lwr Mam
Foster
May Day
Gifford
New Hills
Gt Northn
Opohongo
Prince On
Hargrave Kerr Lake
la Rose
Nipissing
Sioux
Peterson
Uncle Sam
Right of
UN Tintic
Rochester
Victoria
Silver Leaf
Wilbert
Temiskam
Boston Stocks
Une Une
Am Ag Ch
Am Sugar
Am Tel&'lel
Am Woolen Pf
Am Inc Er Re
Amoskeag Pf
East Butte
Edison
Fitchburg Pf
Franklin A
Giroux
Elec Pf
Enes
Granby
Greene
New Arcadian
New Englel
Ny&nh Sosa
Old Colony
Old Dominion
Pond Ork Coal
Pullman Co
Quincy Te
United Fruit
US Steel Tee Ceres
US Steel of
Utah Consol Sence
Utah CopCo
Wolverine Tee Ene
Quincy
National Properties Coo
Reading
Great Northern
St. L
S. W. Ry
Steel Common
von Hoa
New York Market
Board Room
Union Pacific
Canadian Pacific
Interstate Commerce Commission
Wilson
Wall Street
Panama
Calaveras Butte & London
Ba State Gas
Mexican Metals
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Boston Ely
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Butte & London
Cactus i
Calaveras
Davis Dal
Houghton
Lion Hill
Alaska
Anglo Am Oil
State Street
Tion
Stock Exchange
Pwr
Ants Ae Kg
Coal & Coke
Eae Ie
Ing Co
Ca & So
Tri City
Patra
Ve & O Ee
Union Pac Ehhial
U S
U S Steel
Othe Ic
R I &P Col
Norf & W
Mil & St
Wabash Lst
Wehr
Mil & St P
Boas. NG
Chicago Market
H S & Mpf
Fisheries
Cc Edison
Pacific Gas
S & Co
US C
Arm
Philadelphia Market
Am Rys
Cam Steel
N J
KE & P 4S
el Star Bat
Lehigh N
Lehigh Vy
Pa Steel
Penn Salt
Phila Co
Phila Rat
Phil Trac
Tonopah T
Belmont
Col
United States
Quincy Mag. Co
Mass. Gas Cos
Westinghouse Machine Co
Bowdoin SQ
Revere House
Scollay Sa
We Violet Mascotte
Merry Maids
Zella Russell
Ted Steele & Company
Frankie Stuart
Paul Denish
Ted Snyder
B. F. Keith's
Meistersinger
Harvard-Schubert-Weber
Wild Woods
Frank Rae & CO
Mori Brothers
Lee & Hussey
Leona Stephens
Daniels
Tremont
Vadis
Plymouth
Eleanor Gordon
Castle Sq. Tel. Tremont
John Craig
Chinatown
Down Town
Winter St
St. and Waveley Ten Bet Ave
Talking Pictures
Loew’s
ST. James Theatre
Dover
Loew’s Orpheum
BAY State Line
Tennessee
Wash. St
King Philip
Commercial Wharf
Provincetown
Dorothy Bradford
Atlantic Ave
Jabez S.dyer
Mer
RED Sox
Fenway Park
Wright & Ditson's
Washington St
Walpole ST
Philadelphia
Wright & Ditson
Burke’s
Adams House
Filene’s. Grounds
Revere
Symphony Hall
C. Lenom
Cnamer Nurs Mars
Znorumbega
Lexington Park
Rustic Theatre
Medfor Boulevard
Medford
the Fishing Bank
Sorensen
Capt
Central Wharf
State St
BAY State
Washington