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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 29, 1912

Page

14

First National Bank of Boston Debt and Public Works Notes

A garbled OCR list outlines multiple issues including water and sewer bonds, school loans, high street improvements, and refunding mortgages. Mentions Water Improvement, School Water Loan, Building Loan, and public library boulevard projects with various debenture and refunding notes.

High St School Public Library Water Water Boulevard School Town Hall Consol R. R Water

Early market heaviness yields to strength in stocks

American Tobacco hits a new high at 309 while General Electric rises to 178. Ontairo and Western pay a dividend as Butte and Superior show mixed activity. New York and Boston trading detail totals, gains, losses, and money rates for the day.

American Tobacco General Electric Ontario and Western Butte Superior New York Boston Steel Common Butte & Superior Hocking Valley Osceola Mining

Market Dull With Few Upswings In New York Stocks

In New York the market showed dull trading with prices hovering near prior closes. A few issues including General Electric and Westinghouse moved. Ontario & Western cut its dividend, and rail and traction stocks provided the day’s limited activity. Banks expect cash losses tomorrow as May returns show declines for Union Pacific Southern Pacific and Lackawanna.

New York United States Steel Corporation General Electric Westinghouse Common First Preferred Baldwin Locomotive Woolworth Erie Louisville & Nashville Wabash Preferred Kansas City Southern Ontario & Western Common American Tobacco Republic Iron London Union Pacific Southern Pacific Lackawanna United States

Quarterly Dividends Declared by Reece Button Hole Firms

Multiple companies announce quarterly dividends with payment dates in July 1912. Reece Button Hole Machine No 105 pays 3 percent to shareholders of record July 5. International Button Hole Sewing Machine No 59 pays 1 percent. Reece Folding Machine No 13 pays 1 percent. United States Smelting Refining Mining Co declares 1 1/2 percent on preferred and 1/2 percent on common, payable July 15 to holders of record June 29.

Reece Button Hole Machine Company Francis A. Shea International Button Hole Sewing Machine Company Reece Folding Machine Company

Mt Vernon Distilling declares semi annual stock dividend

Mt Vernon Distilling Company Baltimore Md declares 314 percent semi annual on its Preferred Stock payable July 1 to stock of record June 28 1912 American Zinc Lead Smelting Co declares a 50 cent per share stock dividend payable July 9 12 to stockholders of record at close of business June 1912 Farwell treasurer Valdez Creek Placer Mines 37 bonds interest 4 percent due July 1 paid to holders of unregistered receipts at treasury office Bentcote Room 54 James H Tolls treasurer

United States Smelting Isse Refining & Mining Co United States Smelting, Refining & Mining Company W. Batchilder Treaster Contoocook Mills Corporation Bailey, Tren Mt. Vernon Distilling Company Baltimore American Zinc, Lead & & Smelting Co Co American Zinc Smelting Company E. “Farwell Bentcote Room James H. Tolls Regent New England Cotton Yarn’ Company Union Mills Preferred New England Cotton Yarn Company New England New York Ontario & Western New Haven Boston & Maine New Hingland

Wall Street Mixed as Butte & Superior Stumbles

Boston market notes irregular stock movement with copper and industrials lacking vigor. Butte & Superior declines amid speculation of mining litigation while Mason Valley and Shannon see buying interest. General Electric leads industrials with a sharp rise to 1773-8 and Smelting shows firmness. market closes steady.

An &Té West T & T Atchison Balis Sep Das East Butte Miami Nevada Pond Ork Coaleneee Pullman Co Raonsol Santa Fe Shannon Superior Swift & Co Torrington Eevereee Trinity Sles Ates Tuolumne Eee Weeases United United Shoe Corever UN Shoe M P U S Utah Boston Butte & Superior Mason Valley

Uneventful curb day in Butte Central area markets

Prices changed fractionally as Butte Central Eagle Blue Bell Ohio Copper Davis Daly and Smoky Development led the local curb market. Detailed fluctuations follow with small price shifts among listed items.

Butte Central Eagle & Blue Bell Ohio Copper Davis Daly Smoky Development Nevada Bay State Gas Eeeseeavesn Begole Boston Ely Brit Columbia Eeee Humboldt South Lake

July cotton futures lead market activity and tender circulation

The market centered on July with first notice day and about 50 000 bales tendered. Leading spot interests issued notices that circulated briefly then returned to the same buyers. Brokers supporting these interests were eager buyers, while price moves stayed within five to seven points. Traders expect a June recovery as reports predict favorable conditions with few complaints from Mississippi Arkansas and parts of Georgia.

Mississippi Arkansas Georgia

Mortgage Bonds Due January Fifteenth

List of bonds with issuers and series including Lumber Exchange Bldg Co Seattle First Mortgage 6s Manhattan Building Co Seattle First Mortgage 5s Mailboro & Westboro St Ry Co First Mortgage 5s Metropolitan Steamship Co Worcester & Clinton St Ry Co Chattahoochee Valley Railway Co Consolidated Mortgage 5s due Jan 15.

Arcade Bldg. & Realty Co Seattle, Wash First Mortgage 6S Bath Milford, Holliston & Framingham St. By. Co First Mortgage Boston & Northern Street Railway Co Boston Cold Storage & Terminal Co Brattleboro Water Works Co Burlington Gas Light Co Cedar Rapids & Marion City Railway Co Cheyenne Wyo Light, Ty" & Power Co Mass Milford & Uxbridge St. Ry. Co. Mortgage 5S Mystic Valley St. Ry. Co New Bedford Middleboro Brockton St Newton St. Railway Co Newton & Boston St. Ry. Co Norfolk & Bristol St. Ry. Co Framingham, Southtoro & Marlboro St. Ry.Co First Mortgage 5S Granite State Mines Co Idaho Hartford & Springfield St. Ry. Co Haverhill & Amesbury St. Ry. Co Lumber Exchange Bldg. Co Manhattan Building Co Mailboro & Westboro St. Ry. Co Metropolitan Steamship Co N. J Taunton Street Railway Co Worcester & Clinton St. Ry. Co First Chattahoochee Valley Railway Co Consolidated

London money market steadies amid cautious outlook

The half yearly pressure on the London money market eases as investors anticipate fewer new security flotations. Bankers cite output overdone and note a June decline in security values, led by American and South African shares, while a City of Hamilton loan sale underwriter uptake remains weak.

London Bankers Magazine London Stock Exchange City of Hadmonton

Copper magnates sail for Europe and exploration starts

Walker D. Hines chairman of the Atchison board sails for Europe with return due about Sept. 15. Benjamin B. Thayer president of Anaconda Copper Co. heads West for two months to inspect properties. Edmond A. Fordyce leaves for inspection of Lion of Consoli dated at Ophir Utah. Robert Treat Paine Jr elected a United Telephone Co director. Calaveras ore shipments yield $1800 on first two cars and $900 per car. smelter at Kenneth, California reports high grade ore.

Walker D. Hines Atchison Board Europe Benjamin B. Thayer Anaconda Copper Co Butte West Anaconda Robert Treat Paine, Jr United Telephone Co Copperopolis Cal United States Smelting, Refining & Mining Co Kenneth Calaveras

Salem banker Fabens joins Edgerly Crocker firm

Eugene J. Fabens of Salem has joined the firm Edgerly & Crocker. He is president of Naumkeag Trust Co. of Salem, formed by consolidating Asiatic and Salem Nationals banks, which were liquidated with stockholders receiving advances over market. He helped form Merchants' Trust Co. of Lawrence and earlier worked in the bond department at Lee, Higginson & Co.

Eugene J. Fabens Salem Edgerly & Crocker Fabens Naumkeag Trust Co Asiatic Salem Nationals Merchants’ Trust Go Lawrence Bond Department Lee, Higginson & Co

Frenzied Finance in a Simple Little Problem

The Boston Globe editorializes on a global money scare with a Kansas banker example. He held a $2 bill to buy a railroad ticket costing $3 and pawned the bill for 1.50 to continue his trip, illustrating a troubling financial snag.

Thomas W. Lawson Kansas

Simple pawn ticket math baffles Globe readers

A reader explains that a friend who bought a pawn ticket for $1.50 loses a dollar because the ticket only covers the equity in a $2 bill pawned. To reclaim the bill, the holder must pay $1.60 more plus pawnbroker charges, prompting a request for a harder puzzle.

the Globe

Also Mentioned on This Page

Aeen First National Bank of Bostom Federal Eeervactanen Abington Amesbury American Zinc, Lead & Smelting Co Ashland St St. Ry Attleboro Auburn Augusta Baileyville Beaver Head County Mont Bellows Falls Beverly Bristol Brookline Bucksport Cambridge Canton Cessseee- Canyon Canal Co Bojerty Claremont N. H Clinton Concord Consolidated By. Co Danvers Deering Eastport European & No. America Ry. Co Farmington Gloucester Grafton Great Barrington Malden Mansfield Meredith Village Meriden Horse Ry. Co Peterboro Portland Providence & Springfield R. R. Co Putnam Damariscotta Danbury-Norwalk Vekkare Ay Greenwich Tramway Co Hallowell Holbrook Lancaster Town of Light, Heat & Power Corp Lincoln Lowell Lyndonville School of Maine Central R. R. Co Maine Central Milford Milton Natick New London Somerset Ry Southbridge Springfield Ere Eas Eeeer Spm Eaene Eecaeenuseeervee Evaor Eeeean Resedaaeaes Kidder, Peabody & CO Devonshire Street Albany Worcester Providence Hartford Eecees i Cate Hse Pl Wal West West Eoavees Westinghouse Westinghouse Pf &L Co Woolworth Co Boston Stocks New York Market Valdez Creek Sm & Ae Beth Steel Beth Steel Pf Bklyn Central Cop Co Int Agr Corp Pf Inter-Met Harvester Lehigh Valey Liggett & Ey Mackaee Manhat Elev Mer Marine Pf May Dept Store Mex Pet Co Eeree Nat Biscuit York Enverest Leeere Eesewner Pitts A Pitts Coal Icksilver Suse Texas Beaver British Columbia Arizona Davis Ohio Liverpool Ee Pee. Gee Aee Bbs Prev Ee the American Trust Company State Street Elkhart Cinciana Gas Co Newport & Fall River St. Ry. Co. Mortgage Northern Illinois Light & Traction Co Olympia Wash Plymouth Electric Light Co Quincy Electric Light & Power Co Savannah (Georgia Georgia Railway & Electric Co Indianapolis Light & Power Co Somerset First & Refunding Leominster Electric Light & Power Co First Mortgage Louis K. Liggett Company Spencer Gas Co West End Street Railway Co Winchester Windsor Locks Conn Traction Co Worcester, Nashua & Rochester R. R. Co Union Boston National Banks First National Shawmut First National Bank of Boston Federal Streat Ing Co., International Underwriting Co., Iron Cap Copper Co Edmond A. Fordyce Edmond A. Fordyce & Co Lion of Consolidated Ophir Os Soren Keely Kerr Lake the Exchange Trust Co Barnstable Water Co Norton Water Co Cote Piano Manufactur The Boston Globe Chicago Market Edison Titl & T Pneu Pittsburg Pitts É& Sf
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