Old Colony Copper Company Likely April Assessment Amid Mine Cash
Old Colony Copper Company officials say the next assessment will probably be called in April. A financial statement shows cash and debts receivable at 28,216 and accounts payable at 3,065, leaving 25,151 to support exploration and development at the mine. Arizona Commercial stock activity suggests about 9,000 shares changed hands around 5 to 51-4, with 5,880 traded yesterday between 61-4 and 55-8.
MENTIONED IN THIS ARTICLE
Old Colony Copper Company
Arizona
Commission House
Old Dominion
Quincys Shipments Rise as One Man Drill Expands
Daily rock shipments near 3500 tons with a shift to one man drill, 60 currently in use and 40 more due. Allouez drifting unlikely soon. Hancock under 100 miners produce about 150 tons daily from four lodes led by the 18th level vein. Copper Range three mines export 3800 to 4000 tons daily, drifting starts at Trimountain and Baltic. Superior boosts to 600 tons daily. Yukon Gold reports 2,583,836 operating income for year, assets at 21 million with 489 thousand surplus.
MENTIONED IN THIS ARTICLE
Quincy
Hancock
Trimountain
Baltic
Yukon Gold Company
Copper exports dip as foreign selling weighs market
February copper exports totaled 34 384 tons signaling continued downward movement as foreign selling pressures persisted. Boston Elevated, Old Dominion and Arizona Commercial showed notable strength in local trading activity.
MENTIONED IN THIS ARTICLE
Boston
Old Dominion
Arizona
Market Summary of Yesterday and Year-to-Date Sales
New York total sales 98 000 and Boston 15 649 shares yesterday. United States Express gains to 71 in New York list while Norfolk & Southern falls to 30. New York Central climbs to 90 in Boston list with Old Dominion at 53 4, and call money sits at 1 3 4 percent in New York. Time money ranges 2 3 4 to 4 1 4 percent in New York and 4 to 4 3 4 in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Arizona Commercial
United States Express
Norfolk & Southern
New York Central
Old Dominion
Corporation
New
Ste
Oie Swat
Bee
Treasury Credit de
Treasury
Stocks Slide in Storm Shaped New York Market
Financial district trading was sharply limited by a winter storm. Volume sank to the year's low as brokers and customers stayed away, with only modest declines among staples and a rare uptick for U S Express amid unconfirmed liquidation rumors.
MENTIONED IN THIS ARTICLE
New York
Financial District
Exchange
Commission Houses
London
New York Central
U. S. Express
U. S
Local Market Opens Quietly As Investors Seek Least Resistance
Boston March 2 Opening with a quiet tone the local market gradually gained activity and prices mostly fell. Arizona Commercial led with 558 shares rising to 56, Boston Elevated moved from 82 to 82 with light trading, and Old Dominion climbed from 52 to 54 on a small 400 share volume. Bond trading showed strength with $7000 in Burlington issues, while Arizona Commercial stayed the focal point of interest as the close remained in a generally easy zone.
MENTIONED IN THIS ARTICLE
Boston
Arizona Commercial
Old Dominion
Arizona
Burlington
United Gas and Electric declares 5 percent dividend
The Board of Directors of United Gas and Electric Corporation announces a regular semi annual dividend of 5 percent on the First Preferred Stock payable April 1 to stockholders of record March 14. Dividend checks will be mailed. H. J. Pritchard, Treasurer.
MENTIONED IN THIS ARTICLE
New Yo
United Gas Sel Electric Corporation
H. J. Pritchard
How to Read a Bank Report and Demand Loans
A 1914 bank report explains that demand loans are cash-like assets, often secured by high grade collateral with 20 percent excess value. It notes many loans go to nondepositors and are payable on demand, stressing assessing both loan totals and security behind them.
Former President of San Domingo Dead
Paris March 2 The death occurred today in Paris of General Carlos F Morales former President of the Dominican republic He had served as Dominican minister to France and became president in 190? after aiding in the overthrow of Jimenez He fled in December of the next year and was succeeded by Caceres Morales later led a rebellion but was routed and captured
MENTIONED IN THIS ARTICLE
Paris
Carlos F. Morales
Dominican Republic
France
Jimenez
Caceres
Morales
San Domingo
Rail lines post worse January earnings than expected
Big trunk lines report sharp drops in January earnings with New York Central and Hudson River down 8 percent in gross and 42 percent in net year over year. Lake Shore, Pennsylvania system and Erie show steep declines, prompting speculation on upkeep costs versus operating expenses for February results.
MENTIONED IN THIS ARTICLE
New York Central
Hudson River
Vanderbilt
Lake Shore
Pennsylvania
Pennsylvania Railroad
Pittsburg
Erie
Dividends Declared by Various Companies
Narragansett Electric Lighting declares regular quarterly dividend of 1 a share payable April 1 to stockholders of record March 7. North American, 1 1 4 per cent payable April 1 to record March 19. Southwest Pennsylvania Pipe Line, 5 dividend payable April 1 to record March 16. St Joseph South Bend Southern Railroad semi annual dividends 2 1 2 per cent on preferred and 1 per cent on common payable March 16 to record March 10. Manhattan Railway quarterly 13 4 per cent payable April 1 to record March 16. Yukon Gold quarterly 11 2 per cent or 7 1 2 cents payable March 31 to record March 13. Guggenheim Exploration quarterly 3 1 2 per cent on a 14 per cent annual basis. last three months paid 8 3 per cent and 12 per cent extra. payable April 1 to record March 13. Tremont Suffolk Mills 2 per share payable April 15 to record March 2. compares with 3 for first half 1918 and 1 50 for second half. prior to that no dividends since 1910.
MENTIONED IN THIS ARTICLE
Am Sugar Pf
Tel & Tel
Ogly
Arizona
Bos & Albany
Bos
Bos & Maine
Arlington
Ates
Berkshirea
Ae Fae
Bigelow Carpeta
Boston
Georgia
Edwardsa
Granby
Everetta
Great Fallsaw
Greene
Hamilton Mfg
Harmony MO
Eine 66
Mills Co
Prefa
Lockwood Stee
Seeorg
Ei Abe
A . Hoe
Nashua A
Ube
Naumkeag
McElwain
Plymouth Cordagery
Nevada
Als
Shaw Stockinga Pert Wan
New Englel
Thorndikea Ae
NY Central
Tremont & Suffolka
Ny&nh
Wamsutta Sette
Ou Nipissing
Eee
North Butte RT
West Point
York
North Lake
Old Colony
Old Dominion
Pullman Co
Quincy
Ray Consol
Reece
Hole
St Mary's
Shannon Semen
Bes
Sup & Bos
U S
US Steel
Utah Consol
Lilbo
AAS Y Ao
Utah Cop Co
Vt & Mass
Victoria Ligils
Westhind
OTS iUis
West End
Winona
Wolverine
Narragansett Electric Lighting Company
North American Company
Southwest Pennsylvania Pipe Line
St. Joseph
South Bend
Southern Railroad Company
Manhattan Railway Company
Yukon Gold Company
Guggenheim Exploration Company
Tremont & Suffolk Mills
Metal market roundup shows mixed copper and tin activity
Copper on the New York Metal Exchange was nominal and steady with March quotes from 13.50 to 14.25 for spot, electrolytic at 14.62 to 14.87, casting 14.37 to 14.62. Tin remained dull at 37.80 to 38.20. Lead and antimony were quiet with small price ranges. iron was unchanged.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Cookson’s
Bond Market Notes Snapshot of 1914 Financing Actions
Essex awards a temporary 500000 loan due in five installments to Central National Bank of Lynn. American Telephone & Telegraph sells 1000000 dollar first mortgage 5 percent bonds for 1948 maturity, part of 5 million authorized, with 2.5 million outstanding. Troy seeks bids by March 6 for 850000 4 1/2 percent water works bonds (1915 1954). Newport offers bids by March 5 for a 40000 dollar temporary loan due Sept 4, 1914.
MENTIONED IN THIS ARTICLE
Essex
Mass
Central National Bank of
Lynn
Chesapeake & Potomac ‘Telephone Company of Virginia
American Telephone & Telegraph Company
Troy
N. Y
Newport
R. I
Bond Market Quiet as Rock Island Drops and New Haven Slips
In New York on Friday bond trading showed a quiet session with Rock Island collaterals falling and New Haven convertibles dropping about 14 points. Union Pacific convertibles stayed active but slipped slightly while other issues remained steady. government and stock exchange transactions displayed varied movements across multiple issues and anvils of the market.
MENTIONED IN THIS ARTICLE
Rock Island
New Haven
Union Pacific
Driscoll Named Bail Commissioner in Superior Court
Charles D. Driscoll of Brighton formerly of Brookline and an attorney at 18 Tremont Street has been appointed a bail commissioner by justices of the Superior Court. A Boston University Law School graduate, he has practiced law three years in the city and is well known.
MENTIONED IN THIS ARTICLE
Charles D. Driscoll
Brighton
Brookline
Tremont Street
Superior Court
Mr. Driscoll
Boston University Law School
Irish League to Honor Memory of Emmett
Members of the United Irish League of America in this city will hold a special observance of the birthday of Irish patriot Robert Emmett at the American House on Thursday evening May 5 at 8 o'clock. National Secretary Michael J. Jordan will call the meeting to order. Several well known speakers will speak on the deeds of Emmett. Solos will be rendered by James J. Flynn and Migs Ellen A. McLaughlins. Mary White Mulien will be accompanist.
MENTIONED IN THIS ARTICLE
United Irish League of America
Robert Emmett
Michael J. Jordan
James J. Flynn
Migs Ellen A. McLaughlins
Mary White Mulien
Baby’s yell gets all the family’s prizes
A family friend asks if the baby talks yet. The little brother retorts that the baby need not talk since his loud cries secure everything valuable in the house. The remark captures a humorous, candid moment about parental indulgence.
IO Conference on Rural Churches Opens at Pilgrim Hall
A country church conference opens tomorrow at Pilgrim Hall under the Baptist, Congregational, Episcopal, Methodist, Unitarian and Universalist Social Service commissions. The conference runs two days and will discuss the country church situation from every angle.
MENTIONED IN THIS ARTICLE
Pilgrim Hall
Baptist, Congregational
Episcopal, Methodist, Unitarian and Universalist Social Service Commissions
Church Federation Conference Sessions Schedule Improves Civic Ties
A lengthy program outlines morning to evening sessions at Pilgrim Hall Channing Hall and Kingsley Hall with Thursday events at First Methodist Church Temple Street. Rev Samuel A Eliot presides opening, with lectures by Howard F Legg J A Scheuerle and A P Pratt. Afternoon topics cover Recreation as a Constructive Force rural recreation and what churches can do for rural life. Evening features Rev Harry F Ward on The Economic Problem and Willard E Waterbury discussion. Thursday marks joint sessions on The Church and Civil Government with Henry K Rowe presiding and a post noon Federation theme led by Alexander Mann and Rev Charles S Mac Farland upcoming.
MENTIONED IN THIS ARTICLE
Pilgrim Hall
Channing Hall
Kingsley Hall
First Methodist Church
Temple Street
Samuel A. Eliot
American Unitarian Association
Howard F. Legg
Wilbraham
J. A. Scheuerle
Hampden County Improvement League
A. P. Pratt
Alexander R Merriam
Hartford Theological Seminary
CC. CC
Silas E. Persons
Cazenovia, W. Y
Harry FY. Ward
IF. W. Howe
Department of Agriculture
Syracuse University
Willard E. Waterbury
Country Church Conference
Conference of Church Federation of New England
Henry K. Rowe
Newton Theological Seminary
Alexander Mann
Trinity Church
Federation of Greater Boston
Alfred Williams Anthony
Charles S. MacFarland
U S Army Officer Dies in Jerusalem
New London Conn March 2 Word came today of the death in Jerusalem yesterday of General John W Barlow U S A retired General Barlow accompanied by his wife was making a tour of the Holy Land The cause of death may have been heart trouble General Barlow sailed for Europe Feb 2.
MENTIONED IN THIS ARTICLE
New London
Conn
Jerusalem
John W. Barlow
Barlow
Holy Land
Europe
Bridge Across Hudson River Authorized by House
The House approved a bill enabling the Hudson River Connecting Railroad to construct a bridge across the Hudson from Castleton Landing to Schodack Landing. The span will link west shore rail links with the Boston and Albany road, improving regional rail connectivity.
MENTIONED IN THIS ARTICLE
Washington
House
Hudson River
Castleton
Schodack Lanning
Hudson
Boston & Albany
Convertible Bonds as Investments in a Declining Market
The article discusses convertible bonds as long term investments during stock price declines, noting their ability to track equity while preserving bond floor value. It notes recent issues from Union Pacific and Southern Pacific reducing investor confidence, and previews a Boston Post financial page feature on advantages, disadvantages, and key convertibility price ratios.
MENTIONED IN THIS ARTICLE
Union Pacific
Southern Pacific
Boston Post
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