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This newspaper page contains 32 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 28, 1913

Page

12

United Fruit Takes Over Hamburg-America Fruit Business

United Fruit Company president Andrew W. Preston says in an interview the firm has completed a favorable deal to acquire Hamburg-American Steamship Company fruit boats and plantations. The two nearly new ships bring United Fruit’s foreign fleet to 18 vessels with about 7800 tons each. Preston notes sugar prices influenced by tariff talks and discusses Porto Rico cargoes and beet sugar competition, plus optimism about the Simmons sugar process yielding sugar as a by product.

The Post Andrew W. Preston United Fruit Company Europe Hamburg-American Steamship Company Elders & Fyffes Hamburg-American Company Spe Cially Preston Porto Rico

Dividend notices from United States Smelting Co declare quarterly dividends

The directors announce a quarterly dividend of 1 percent on Preferred Capital Stock and 1 percent on Common Capital Stock, 87 cents and 45 cents per share respectively, payable July 15 1918 to stockholders of record June 30 1913. F W Batchel der, treasurer.

United States Smelting, Refining & Mining Company Sto Commor Capital F. W. Batchelder

Island Creek Coal declares preferred stock dividend

The Island Creek Coal Company directors declare a regular quarterly dividend of 1.50 per share on preferred stock payable July 1, 1918 to holders of record at the close of business June 25, 1913.

Island Creek Coal Company F. W. Batchelder

Public Service Investment declares dividends for 1918

Public Service Investment Company of Boston announces a quarterly dividend of 1.50 per share on preferred stock and a semiannual dividend of 2.00 per share on common stock, payable August 1, 1918 to holders of record at close of business July 15, 1918. Stone & Webster transfer agents.

Public Service Investment Company Boston Massachusetts Stone & Webster

Dividend Notices From Several Companies in 1913 Format

New England Power Company declares an 8 percent semi annual dividend for six months ending July 1 1918 payable to stockholders of record June 24 1913 with transfer books closed until July 24 1913. Connecticut River Power Company Maine declares 1 percent semi annual dividend payable July 1 1918 to stockholders of record June 24 1913 with transfer books closed to July 2 1913. The Reece Button Hole Machine Company issues quarterly dividend No 109 at 3 percent payable July 15 1918. The International Button Hole Sewing Machine Company issues quarterly dividend No 63 at 1 percent payable July 15 1913. Reece Folding Machine Company issues quarterly dividend No 17 for July 8 1913.

Boston New England Powermpany Baker, Ayling & CO Connecticut River Power Company of Maine Reece Button Hole Machine Company Francis A. Shba International Button Hole Sewing Machine Company Reece Folding Machine Company

Edison Electric Illuminating Company dividend notice

The Edison Electric Illuminating Company of Boston declares dividend number 97. A quarterly dividend of three percent is payable August 1, 1913 to stockholders of record at the close of business July 15, 1913. T. K. Cummins, Treasurer, Boston, June 27, 1913.

Money markets show brisk call loans amid high short term rates

Call loans in New York ranged 11.2 to 2 percent with a 2 percent ruling rate while 60 day quotes ran 3.5 to 4 percent. The high financing costs for corporations and states reflect tight money markets and possible peak rates, though some bankers warn the top has not yet been reached. Other maturities quoted: 9 days 3.25 to 4.25 percent, 4 months 4.25 to 4.75, 5 months 4.25 to 5.25, and 6 months 5.25 to 6.25 percent. Local money and exchange rates listed alongside New York clearings and balances.

New York Boston Bankers’ Sterling Cena Cahawnee Na Seuae Byanch

Cotton Markets Drift Lower Amid July Notice Day Activity

The cotton market today was dull and narrow with Liverpool cables, spot demand weak to sales of 4000 bales. July notices issued as the option began, estimated around 20 000 in circulation. Prices held near last night’s level before a 14 point drop, the July option leading losses. Weekend data showed a 134 000 decrease in visible supply, slightly above last year’s 148 000 decline and in line with expectations.

Liverpool

Metal Markets stabilize with copper gains and tin weakness

Market firmer for copper on nearby deliveries while late months rise in bids. Spelter advances 15 points and tin weak amid recessionary pressures. Copper bids and asks listed for June through August. lead and zinc steady, antimony dull, iron unchanged as markets digest demand.

Spelter Bnet Proceses Cookson

East Boston Savings Bank Deposits Verification Notice

East Boston Savings Bank requests depositors to present deposit books for verification in July as required by law. Books sent by mail will be promptly returned. Alvin P. Johnson, Treasurer.

East Boston Savings Bank Incorporated Maverick Square East Boston Alvin P. Johnson Treas

Trading in Stocks Is at Low ebb

Total sales New York 134000 shares Boston 15578 shares. Most active issue in New York Steel common 24800 shares. Most active issue in Boston American Zinc 4760 shares. Time money New York 3 1 2 to 6 per cent Boston 5 to 6 per cent. Call money New York 13 4 to 2 per cent Boston 3 to 31 2 per cent. Corresponding period last year New York 69277000 shares Boston 6807068 shares. Greatest gains and losses listed for New York and Boston markets.

New York Boston Steel Common American Zinc Goodrich Pref Liggett & Myers Calumet & Hecla Island Creek

New York Market Stumbles After Weak Session

New York trading opened modestly higher on London prices but then faded. Reports from Mexico City and weakness in New York Central dominated, with heavy declines in Southern rails and Mexico National Railways. Currency gains suggested banks added cash, while total sales totaled 1.11 million dollars with US 2s dropping.

New York London New York Central Mexico City National Railways of Mexico Southern Railway United States

Boston Stocks Bonds Ex-dividend and sales report

Ex dividend activity noted with total sales of 15 578 shares and bonds valued at 24 000 dollars. The report highlights market liquidity and investment interest in Boston facilities, with traders recording activity across stocks and fixed income instruments.

Newport bonds award 50000 loan to Livingston Davis

Newport Rhode Island awarded a temporary 50000 dollar loan due September 5 1918 to Livingston Davis. Other bidders included Industrial Trust Company William A Read & Company Blake Bros & Co and Loring Tolman & Tupper. A separate bid for 1280000 dollars in bonds from Schenectady New York closes at 11 am July 2 with interest set at 4 to 5 percent.

Newport, R. I Livingston Davis Industrial Trust Company William A. Read & Company Blake Bros. & Co Loring, Tolman & Tupper Schenectady N. Y

Local Market Report Reports Copper Strength Amid Irregular Trade

The Local Market Boston June 27 notes copper offerings for nearby delivery have largely disappeared due to producer claims of a brief buying window. Trading remains quiet as traders resist price support while Osceola cuts its dividend to 2.50 and American Zinc suspends its dividend. American Zinc led activity with 4760 shares, Calumet & Arizona and Giroux also saw four figure volume with little price movement. North Butte traded 100 shares, showing a sharp contrast to yesterday. The close shows an irregular tone overall.

Boston Calumet & Arizona Giroux North Butte

Boston curb Mexican Metals closes sharply after rise

Mexican Metals led the curb market with a price climb from 62 to 65 cents, then pulled back to 47 cents at close. Calaveras Copper was the only other notable issue. Detailed fluctuations followed.

Calaveras Copper

New York curb open rights last 200 Alaska gold

Financial snippet shows Alaska Gold at 9 percent 10 percent with a 1,500 share figure and Anglo Am Oil at 20 percent with 18 percent, alongside Braden Copper at 6 percent. Market figures list 2,700 shares for Braden Copper and a 46 to 48 range for others, indicating unsettled pricing in a brief market update.

Alaska

Unclear Financial Table of Bond and Stock Figures

Fragments show various bonds and stock entries with percent values and dollar figures across multiple entities such as Ely Consol, Manhatttan, Stand Oil No, United Cig Stores, and Braden Cop. The legible items include percent ranges, quantities, and bond prices, but many parts are incomplete or garbled.

Giroux Oe Greene Cananea Kerr Lake Ios Stand Oil No. Oe United Cig

Market Drifts as Leaders Close Mixed on Light Volume

The market cooled with fractional shifts in most shares led by Steel up 1 4 while Union Pacific and Reading stayed flat. A sharp drop in National Railways of Mexico shares followed news of receivership though bankers cited political factors rather than solvency concerns. Grain options rallied, corn moisture and rainfall concerns weighed on crops, and American Zinc Lead and Smelting paid a 50 cent quarterly dividend amid low zinc prices and plant closures.

Union Pacific Reading Nobady National Railways System Mexico New York Chicago Wheat Pit Chicago North Pacific Ae & Co Uwe Iy Nyc T& T E Nyc Enn Penn Bose Adams Express Alb & Susq Hide & Uw Anyi & Colm & M T&t Sea 5 Corp Om Erie Sea Air Ladj Ds Seeene Bal & O Ee & O Kings Co Stampe Texas & P Laclede Gas St Louis Rvadj Beth Steel A N Y Tis Beth Steel Rg N Unified Bkiys NePad & M Cal Gas & Blee N-Southern U S Realty Cease Steel Sf Mil & St P NY Gas Mil & St P Gas O Milé OM & Puget Ee Cc & P

Bank reserves to rise as surplus again expected

Movements of money to date suggest a substantial rise in surplus reserves on today’s bank statement. Between the sub treasury and interior banks New York Clearing House banks gained 6 414 000 net, with the amount for surplus reserve depending on liabilities but likely higher under the current conservative mood.

Sub-Treasury Interior New York Clearing House

Grain Markets Rally On Drought Bulls Amid Mixed World Prices

Grain markets rose as drought and heat damage prompts buying for both accounts. Corn and oats led with 1% gains while wheat gained late in the session on bullish crop signals. Global quotes show varied moves with Liverpool and Paris directions, Minneapolis receipts at 140 cars, and Chicago rail totals for wheat, corn, and oats.

Liverpool Paris Antwerp Berlin Budapest Minneapolis Duluth Chicago

Bradstreet's Review Signals Mixed U.S. Trade Fortunes

Bradstreet's review notes mixed signals in June as inventories near mid-summer, with textile demand steady for staple cotton goods and brown sheetings for Chinese accounts, while steel and copper show softness. Bank clearings reach 2.95 billion dollars for the week, up 19 percent from last year, and Wheat and corn exports rise compared with 1912. Trade in Canada remains constrained by money stringency.

New York London United States Canada

Dun Review Signals Mixed Trade With Caution Ahead

R G Dun weekly trade forecast notes slackening retail activity amid summer lull while wholesale distribution stays fair. Buyers focus on needs as tariff progress prompts conservatism. Iron and steel demand persists though premiums fade, dry goods delaying fall orders, cotton goods firm, hosiery and underwear strong, men’s wear trimmed. Leather buying steady with firmer prices as tanners buy. Packer hides active with large mills entering market. U S weekly failures 269 vs 246 last year. Canada 27 vs 26.

New York R. G. Dun & Co United States Canada

Directors elected as Goff and Bole at American Zinc

At a meeting of the directors of American Zinc Lead and Smelting Company Fred H. Goff and Ben P. Bole of Cleveland replaced the deceased Albert F. Holden and resigning Sidney E. Farwell as directors. No dividend action was taken due to low spelter and ore prices. Stockholders of Giroux Consolidated Mines deposit majority of stock for exchange with Consolidated Copper Mines, signaling possible physical control of Giroux assets. Delaware law requires 65 percent deposit. expected to reach this week enabling Consolidated to take over Giroux. Boston New York Philadelphia and Baltimore stock exchanges will close on July 6 per governing committees.

American Zinc, Lead & Smelting Company Fred H. Goff Ben P. Bole Cleveland Albert F. Holden Sidney E. Farwell Giroux Consolidated Mines Company Consolidated Copper Mines Company Giroux Delaware Giroux Company Boston New York Philadelphia Baltimore

Dividends Declared By Multiple Corporations

A roundup of declared dividends including Osceola Consolidated Mining paying 2.50 quarterly to July 3 record, Reece Buttonhole and International Buttonhole machines, Bay State Street Railway, E W Bliss, Claflin, Tonopah Mining Nevada, Firestone Tire, National Fireproofing, Grasselli Chemical with June 25 record, Edison Electric Boston, Narragansett Mills, American Chicle, and others with dates, rates, and record dates.

Osceola Consolidated Mining Company Public Service Investment Company Boston Reece Buttonhole Machine Company International Buttonhole Machine Company Reece Folding Machine Company Bay State Street Railway Company E. W. Bliss Company H. B. Claflin Company Tonopah Mining Company of Nevada Firestone Tire and Rubber Company National Fireproofing Company Grasselli Chemical Company Cleveland Edison Electric Iluminating Company of Narragansett Mills American Chicle Company

Bond market heaviness dominates trading day

The bond market showed heaviness with prices drifting lower. Fractional declines touched several issues including the St Louis and San Francisco general 5s and Union Pacific convertible 4s as traders reassessed yields and demand.

Ees St. Louis San Francisco Union Pacific

Milwaukee & Northern bonds extended to 1918 and 1912

The New York Stock Exchange removed Milwaukee & Northern Railway Company first mortgage bonds from the list and extended the mortgage to June 1, 1918 at 41 2 percent. The Milwaukee & Northern Railroad consolidated bonds were also extended to June 1, 1912 at 41 2 percent.

New York Stock Exchange Milwaukee & Northern Railroad Company Milwaukee & Northern Railroad

Priscilla Sunk Collision Hearing Moves to Gloucester Repairs

The fishing schooner Priscilla, sunk off the Commonwealth pier after a collision with the steamer Machigonne, was towed to Gloucester for permanent repairs after temporary patching at Jeffries Point. At a hearing in the steamboat inspectors office, Machigonne and Priscilla officers debated fault while a rigid inquiry continues. The incident follows a tow back to port by the tug Hamilton A. Mathes.

Priscilla Commonwealth Pier Machigonne Gloucester Hamilton A. Mathes Jeffries Point United States

Fresh fish on hand at T wharf and port arrivals

The article notes plentiful fish at T wharf with four swordfishermen, seven groundfishermen, and three mackerel boats: the mackerel Veda McKown, Esperanto, Clintonia listing counts of small and large fish, plus swordfishermen Ed mund Black On Time N. A. Rowe and Bernie & Bessie. It covers halibut and cod landings on Maud Silva, dealer prices for haddock and various cod and mackerel forms, plus several vessel arrivals including Halifax, Francisco, Canadian, Conqueror, Suruga, Belita, and Manitou with cargoes and origins.

T Wharf Esperanto Veda McKown Clintonia Edmund Black N. A. Rowe Bernie & Bessie Maud Silva Haddock Pol- Haddock Ripple Ecally Mathew Greer Margaret Dillon C. Hussey Ethel B. Penney Halifax Provinces Francisco Hull England New York Liverpool Boston Light Conqueror Vinalhaven J. A. Young & Co Commercial Wharf Suruga Armstrong Far Eastern Nagasaki Manila Suez New Haven Boston Banes Cuba Belita United Fruit Company Long Wharf Charles ©. Haworth Pleasant Plain Quaker Church Haworth Red Star Line Manitou Antwerp Belgium William J. Lermond Pendleton Brothers Belfast Portland Oregon

Shipping news long list of vessels and movements

Shipping news lists arrivals and clearances with Steamers such as Suruga Armstro ng Naga saki Manila Cochin Suez Belita Karl sen Banes Cuba Massachusetts O'Donnell New York Halifax Hawes Charlotetown P EK Hawkesbury etc. It records tugs barges schooners and other craft, with ports Boston Philadelphia Baltimore Portland Newburyport and Gloucester, detailing ships cleared sailed and arrivals, including barge tows and fishing schooners, and noting ready to leave statuses.

Suruga Armstrong Nagasaki Manila Cochin Suez Belita Karlsen Banes Cuba Massachusetts O’donnell New York Halifax Hawes Charlottetown P. EK Hawkesbury C. B Belfast Curtis Bangor City of Bangor Blair Bath Ransom B. Fuller Linscott Portland City of Gloucester Linneken Gloucester Newburyport M. Mitchell Davis Portsmouth Gardiner Washington Baltimore Charles W. Parker, Jr Natty Newport News Grace Alice Helen Taurus Foote Saugus Juno Cunningham Salem Bessie J F. C. Hersey Hopkins Neptune Kemp Marblehead Hamilton A. Mathes Ross Valley Forge Lablich Suffolk Mahanoy Philadelphia Merriam International McGoldrick St. Nicholas Buck Ridge Skippack East Braintree Mary Langdon Arey Rockport Conqueror Wallace Vinalhaven Daniel McLeod Atwood Port L’herbert N. S Franconia Mitchell Maitland Parisian Glasgow Edda Nor Hillsboro N. B Governor Dingley Eastport St. John Zyldyk Rotterdam Esparta Port Simon C. R Vera Puerto Barrios Nantucket Edison Light Sewalls Point Vincenzo di Georgia Sama Port Reading Western Guttenberg Liberty Western Belle Sidney Fr. C. Hersey Severn Norfolk Honey Brook Boston I. C Mass Confidence John T. Donohue Hackensack Albany Henry Endicott Logan Lynn Preston Brookside Cumberland Washington, D. C Nellie Haverhill A. R. Co Priscilla Electric Light Friendship Clara A. Donnell Jacksonville Edward R. Smith Stockton George TP. Hudson Addie M. Lawrence Grace A. Martin C. W. Dexter Calais R. L. Tay Winchester Sullivan George R. Bradford Nellie Grant Ellsworth Edith M. Thompson Parkers Cove Samuel Dillaway Georgetown S. C Fannie F. Hall Edward Trevoy Mt. Desert

Mayor to appoint committee to boost Boston publicity

A conference at Young's Hotel in Boston voted for Mayor Fitzgerald to appoint a five member committee drawn from the Mass Real Estate Exchange Chamber of Commerce Fruit and Produce Exchange Pilgrim Publicity Association Central Labor Union East Boston Land Company and Boston Clearing House. The committee will draft a plan to boost the city via publicity efforts.

Fitzgerald Boston Young’s Hotel Massachusetts Real Estate Exchange Municipal Publicity Bureau John J. Martin The James A. McKibben George Smith Chamber of Commerce Alton E. Briggs Fruit and Produce Exchange Carrol J. Swan Pilgrim Publicity Association Arthur M. Huddell Central Labor Union Edward H. Taylor East Boston Land Company C. A. Ruggles Boston Clearing House

Dividend Calendar Listings for Various Utilities and Stocks

A dated calendar of dividends payable across numerous companies and utilities. Entries include Ches. & Ohio 11-4 percent, Flint Mills 11-2 percent, U S Steel com 11-4 percent, Lehigh Valley R com and pfd 5 percent, Puget Sound Trac Lt and Power com 1 and pfd 1.50, and others with dates in parentheses such as 6-30, 7-15, or 7-12. Several notes indicate stock classes and extra dividends.

Ches & Ohio M&s P Erie Lehigh Valley Liggett & Mbyer Miami Copper Mo Pacific Nevada Nynh&h Nor & Wes Pacific Mail Penn See Pitts Coal Rock Island Rumely Co Eee Texas Pacific The Texas Co Union Pacific Gom Utah Westinghouse Woolworth Ches. & Ohio Flint Mills Hocking Valley. Com N. Y. & Honduras Rosaria Mag North Sar Mines Standard Oil of Ohio U. S. Steel. Com Boston Cons Boston Tow Boat Chic. Tel Citizens Gas East Boston Gas el Paso Elec Ptd Lehigh Valley , R Com National Biscuit. Com Newton & Watertown Gas Puget Sound Trac Lt. & Power. Com Reading Co

Also Mentioned on This Page

Kidder, Peabody & CO Devonshire Street Wall Street Travellers International Cheques Baring Brothers & Co., Ltd Commercial Credits Foreign Exchange United Fruit Seaere Caveer Éaeere High Point Low Point United States Smelting, Refining & Mining Co New England Power Company Ee the Edison Electric Illuminating Company OF Money Markets Shce Lee Metal Markets Hamburg-American National Railways of Mexico New York Market Boston Stocks Tee West T & T Allouez Amalgamated Bos Bos & Albany & Corbin Bos & Lowell Bos & Maine Utah Apex Utah Console Utah Cop Co Victoria Bay State Gas Bingham Mines Boston & Ely Butte Central Cactus Lion Hill Majestic Cluceriecostec Ohio Stewart Eenee United V Ext Utah Metal State Street American Zinc Lead & Smelting Company Joplin Missouri N. Y. Minn Toledo Ask Bull Lake Booth Flor Dome Alta Tun Oro Talis Bailey Beaver Crown Foster Gifford Hills North Prince Dobie Sioux Jupiter Wilbert Bradstreet’s Dun NY Teleph Gitvice NYW & Bos West Shore Norf & West Wisconsin Cen Shipping News Cretic Howarth Azores Gibraltar Algiers Naples Genoa Wood Amer, Pneumatic Service Co
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