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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 01, 1911

Page

12

Wabash Securities Examined in Editor’s Note

The article analyzes Wabash Railroad common and preferred stocks trading 7 to 30 and 13 to 6 dollars, noting no dividends and a 90 million capitalization. It outlines Wabash’s 1889 formation, 2500 miles, and connections, with high fixed charges and modest surplus, suggesting capitalization readjustment and potential reorganizations by major bankers to rehabilitate minor roads.

Wabash Railroad Company Wall Street Canada Hid

Undertone Firm In Dull Markets On Stocks Report

Market notes show steady Undertone despite overall dull trading. New York and Boston volumes are listed with Bethlehem Steel and Western Telephone among notable movers while Texas Land Trust and Rock Island show losses. Chadbourne attacks merger plans, alleging concealment and overvaluation and urging proxies be withdrawn.

New York Boston Reading Am. Agri. Chemical Greene Cananea Trinity Utah Wolverine Land Seattle Torrington Steel Isu Algomah ATA Fast Butte Hancock Indiana Island Creek Isle Royale Lake Kerr Bar Keweenawa Miami New North Lake Tee South Sup & Bos Sup & Pitts Swift & Co Eeare U S

Market mood steady after rise as rail stocks worry traders

The market showed further recovery but rising prices increased nervousness especially in railroads. Traders expect a trading market until Washington trust case news. Judge Gary remains optimistic about Steel Trust orders while bankers may pressure railroads for new funding.

Gary Steel Trust Washington

Local Market Signals Mixed Gains In Early Day Trading

Stock activity showed modest gains in early trading with American Agricultural Chemical Steel common and North Butte among leaders. western Telephone posted a late surge adding two dollars to its value to near the day’s top, while Chemical common reached 59 1/2, a new high for the issue this year.

American Agricultural Chemical Common Steel -Common Telephone North Butte Western Telephone Chemical Common

Calumet & Hecla Faces Opposition Amid Mining Controversy

Yesterday marked the peak of tensions in the ongoing dispute among opponents and Calumet & Hecla Mining Company. Early actions included Calumet & Hecla replying to a recent circular from opponents.

Calumet & Hecla Mining Company Calumet & Hecla

Osceola Holding Plan Draws Directors Reply

The Calumet & Hecla reply disputes Tucker Hayes circulars on Osceola. It argues statutes cap shares, questions earnings and economies, and states Osceola’s future profits depend on economies, copper price, and development versus the consolidated company. It asserts 80 percent of promised economies could be realized with restructuring and better asset use.

Osceola Allouez Ahmeex Centennial Messrs. Tucker, Hayes & Co Osceola Company Calumet & Hecla Tucker North Kearsarge McHinery Consolidated Company Calumet

Electric Bond Share Names Farrar Director VP

At a New York meeting of Electric Bond and Share Company directors Russell Armstrong resigned as director and senior vice president. Frederick A. Farrar was elected director and senior vice president. The annual balance sheet shows a surplus of 1,354,594 dollars, up 38 percent to surpass 1 million dollars for the first time.

Electric Bond+& Share Company New York Russel Armstrong Frederick A. Farrar

Coupons Due March 1 On Mortgage Bond Payments

Coupons for the first re funding mortgage 5 percent bonds of the Kansas City Western Railway Company and the first mortgage 5 percent bonds of the Louisiana and Arkansas Railway Company are payable at the Old Colony Trust Company.

Kansas City Western Railway Company Louisiana & Arkansas Railway Company Old Colony Trust Company

Exchange Trust adds McLeod and McKone to staff

Bankers Frank F. McLeod and Weldon P. McKone join Exchange Trust Company from National Shawmut Bank and American Trust Company. Arthur S. Leland & Co. publish a pamphlet on tax exempt securities. Boston stock activity and upcoming meetings noted.

Frank F. McLeod National Shawmut Bank Weldon P. MckKone The American Trust Company Exchange Trust Company Arthur S. Leland & Co Postoffice Square

Boston Market Stocks and Bonds Report February 28

The Boston Market reports the day’s stock and bond prices with totals of sales and comparisons to the preceding close. Bond movements lead the list with varied yields and price changes across issues.

Boston

Boston Curb Market Dull Session With Mixed Price Moves

The Boston curb exchange showed a dull session with small swings. Ely Consolidated dipped from 30c to 27c and back to 39c, Majestic moved 36c to 59c then 27c, Kruger traded 54c to 68c to 56c, while Champion Amalgamated Nevada and Mackinaw also contributed notable totals. Fluctuations across the curb list are detailed.

Ely Consolidated Majestic Kruger Champion Amalgamated Nevada and Mackinaw

Dividends Declared by Mining Firms This Quarter

Buffalo Mines declares quarterly dividends with a base percent and an additional 3 percent. San Toy Mining announces an initial 1 percent dividend dated April 16. North American Company issues a quarterly 11 4 percent dividend effective April 1.

Buffalo Mines Company San Toy Mining Company North American Company

Boston men named to new Davis-Daly Copper board

F A Schirmer H M Burton and Hugh Bancroft all of Boston have been named as directors of the Davis Daly Copper Company succeeding resignations by W C Shaw and George Baglin. A vacancy allowed election of three new directors while Schirmer and Bancroft join the executive committee with President Heinze. Shaw and Levy left the executive panel to enable the new officers. The New England stockholders now control a majority of the five member board, alongside President Heinze and Mr. Levy.

Thomas L. Chadbourne Calumer & Hecla Chadbourne Calumet & Hecla Sands Central Mine Alimeek Osceola Consolidated Company F. A. Schirmer H. M. Burton Hugh Bancroft Boston Davis-Daly Copper Company W. C. Shaw George Baglin Schirmer Bancroft Heinze Boar New England Levy

Also Mentioned on This Page

Chicago Philadelphia Y & GO Kidder, Peabod Devonshire Street Ivestment Securities Wall Stree, New York Baring Brothers & Co., Ltd London Baltimore York American Caramel Pope Niles-Bement Pond Arlington Mills Dartmouth Columbian Nat’l Life Ins Springfield Ood Rubber Ill Mfg Old South Bid Waltham Watch U. S Millis Cotton Mills American Glue Stafford Millis Boston Sec’4 U. S. Envelope Milwaukee Cement Co Kirby Lumber North Boston Lichting Properties Burlington (Vt Biim Atlantic New England Brick Yard Pittsburg, Shawmut & No St. Joseph Water Kalispell Water & Elec Am. la France Fire Bus Co Ashoe Wake Pee Pwr Taian, Col. & East Springfield Breweries Pere Marquette Norfolk & Southern Ry Duluth Superior Traction Coplay Cement Northwest Light & Water Co N. H. Electric Bigs Niagara Falls Power Co Lincoln Traction Co Pennsylvania Lt. & Pwr Lehigh & New York R. R Portland Elec. Co Blake & Knowles Steam Pump Harrison Bros. Inc Embankment Land Co Spokane & Inland Empire Butte Electric & Power Co Omaha Council Bluffs Northwestern Power Northern States Arizona Power Mass Ins Florida Wheeling W. Va Traction Glen Falls Gas & Elec Bodwell North Platte Water Co Utah Light & Pwr Sheboygan Light Pwr. & Ry Muncie, Ha Yankee Fuel Co Am, Pneumatic Service Co Appleton Water Works Burlington Ry. & Light Cin Bluffton & Ch. R. St Gt. Northern R. R. of Harriman & Northeastern Houston (Tex Hutchinson Kan Water, Light & Power Hudson River Water Pwr Lewiston, Brunswick & Bath Raton N. M Water Works York Haven Water & Pwr Idaho & Washington North Great Northern Pwr Portsmouth, Kit & York Fairmount Coal & Coke Co Adrian Mich Middle Western Buffalo Pittsburg Detroit Toledo St. Louis Kansas City Des Moines Wabash Pittsburg Terminal Railway Company Wheeling and Lake Erie Railroad Company Pittsburg Terminal Railroad & Coal Company Pany Annings A. Wee Broadway J. M. Taylor & CO Congress Street Ghandler Bros Bankers Milk St New York Stock Exchange Philadelphia Stock Exchange Chicago Stock E Exchange New York Cotton Express Chicago Board of Uren Ahmeek Lake Superior Seneca Tamarack T. L. Chadbourne Ano Louis Nash Fees Manbat Wleyue Nat Biscuit Nevada O Gop NYO Ch & 8 L NH & AR NYO & W Nor & West Ste A Nor Ee M Pacific Mail Pac T & T Sewers Imei Ik Phila Co Ry St Rock Island Sle&sf Sears-Roe South Pacific Texas Lander Texas Pacific Texas Co SL & W Union Pacific West Maryland William E. Soule Serene Waar Wrere Enaner Ree Cevewearen Parers Ergeoserea Ranes Yao Ag Eilyer Ae Awer Neers Sane Scuwscesresaes Ankers Sterling Esssewrerss Commercia A Ee Ranes Seewe Celane Ae Reichsmarks Eeesesstreegrersns Guilderseepeteee Veervesese Ask Lie Pee TORO Ene esemnenamaneOd Seersseees Acoder Eve Seesues Serene Dee Dan High Point Daly Low Point Robert H. Gross Hast Butte Butte, Mont James Shay & Co State Street Century Safety Razor Company Railroad Commission Boston & Lowell Mayflower Mining Company H. A. Brown & Co Boston Stock Exchange CocL&s West T & & T Lowell Bos Bos & Albany Bos & Maine Fitchburg Old Colony Rock Island Peene West End Arizona Com al & Arizona Cal Nevada Arizona Bohemia Boston Ely Bino Ait Corbin Cen Cortez Sores Davis Daly Dom Syndicate Ely Consol McKinley Mollie Gobson Ohio Ray Central South Lake United Verde Yukon Smelt & R. Ti T&s PF Atl Ealt Ohio Batopilas Mi Beth Steel Bklyn RT U Bklyn Gas Pacific Om&sp Erie Goldfield Noo Tac Gas Vaio Mae High Valley Colorado Federal Trust Company A. H. MacKenzie & CO Tels State St Richard J. Burton & Co Congress St Century KE. Long & CO Amer ‘Tobacco Bay State Gas Butte Coal British Columbia Cobalt Central Ely Central Sup & Pittsburg Salt Lake Coheries A. Stoneham & Co Askerl Beck ‘Tunnel Aly Columbus Daly Judge Grand Central Saisie Nevada Hills Uncle Sam Davis-Daly Affairs F. L. Milliken & CO Bankers and Brokers Eric Nipissing East Boston Co R. G. Latham N. Y Consolidated Stock Exchange of A. H. MacKenzie & Co) Stock Brokers GO State St Providence Coal GO State Tate
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