Market Summary Steady Trade In New York and Boston
Yesterday's market reports show total sales of 502 700 in New York and 19 698 in Boston with steel common the most active issues in both cities. Cited gains and losses include Colorado Southern and Georgia Electric in New York and Boston respectively, ex divs noted for General Electric. Call and time money rates are listed for New York and Boston and Newport Rhode Island approved a 40000 temporary loan to Aquidneck National Bank at 3 79 percent discount.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Colorado Southern 2d Ptd
General Electric
Georgia Electric Ptd
Newport
R. I
Aquidneck National Bank of
Market closes firm with gains in most issues
The market held firmly with most active issues up while specialties fell. Steel touched 75 for the first time this year and closed near it. Reading and Union Pacific rose on heavy volume, New York Central weakened to 105 3 8, sparking dividend reduction rumors. traders cite strong technical position despite earlier rate-driven pullback.
MENTIONED IN THIS ARTICLE
Reading
Union Pacific
New York Central
Washington
Congress
Wall Street
Local Market Shows Quiet Trade and Mixed Woolen Moves
Trading in local stocks yesterday was light with 19 698 shares. New York connections absorbed houses as Woolen preferred fell from 94 3 4 to 93 1 2 before closing at 93 7 8. Smelting and Amalgamated led copper shares while Calumet & Hecla merger talk drew comment from President Shaw. Granby eased slightly as liquidity and exchange rates closed shown.
MENTIONED IN THIS ARTICLE
Steel Common
New York
Congress
Champ Clark
House of Representatives
Ie Copper Share Group
Shaw
Calumet & Hecla
Calumet & Hecla Company
Granby
Ore riches and expansion plans flagged in Utah and mining firms
Utah Consolidated reports a rich ore body adding life to the property while Yukon Gold Co posts a 282 451 surplus after dividends, down from 352 816 the prior year. Boston & Corbin advances a new concentrator as 200 000 tons remain blocked, with Inspiration and Ray Consolidated seeking NYSE listings. Basin concentrator upgrades aim to cut costs, lift ore handling, and push shipments to 500 tons daily for about 40 000 monthly net profit versus 30 000 now.
MENTIONED IN THIS ARTICLE
Texas el Pf
Pullman Co
Reece But Hole
Reece Fold
Torrington Ee Ae
United Fruit Chee Ee
United Shoe M
U Ss Steel
Eee Tam
Trison
Teehee
Algomah
Amalgamated
Ag Chem
Isle Royale
Kerr Lake
Miami
Sap
Swift & Co
Utah
Yukon Gold Company
Boston & Corbin Company
Butte & Superior Company
Nevada
Arizona Mines
Bay State Gas
Bohemia
Boston Ely
Butte Central Eae
Cactus A. Eee
Calaveras Teen
Cal & Corbin A
Chief Tae
Cortez of Ewes
Corbin
Davis Daly
Domin Syndicate
Ely Consolte Eene
E Rax
Goldfield
Goldfield Flora
Humboldt Eee Ee We Oy
Kruger
McKinileyr
Majestic
Ohio
Oneco
Raven Ae
Rawhide
Ray Central
South Lake
Tuolumne
Union
Yukon
T&sf
Balt & Ohio
Batopilas
Beth Steel
Brooklyn RT
Ches & Ohio
M & Ie
South Femme
del & Hud
Distillers S
Erie O
Lehigh Valley
Louis Nash
Copescene
Central Sana
Nor & West
Vy &Sf
Pacific
Tex Land Tr
Tex Pacific
The
Texas Co
Union Pacific
US Realty
Maryland
Westinghouse
Curb Market Quiet with Select Mining Issues Noted
The Boston curb market yesterday was quiet with mild recession in United Verde Extension from 27-16 to 25-16 and fair trade in issues like National Mining Exploration. Noteworthy moves include Goldfield Consolidated In Spiration Nevada Utah Butte Central and Cortez with detailed fluctuations provided.
MENTIONED IN THIS ARTICLE
United Verde
National Mining
Goldfield Consolidated
Nevada
Utah
Butte Central
Cortez
Bond market notes from New Britain and Fall River
New Britain awards $100000 four percent water bonds dated Aug 1 1909 to R L Day & Co at 98259. Fall River bids due 1630 March 9 for $140000 four percent municipal loan bonds dated March 1 1911 maturing in 1921 and $0 000 per
MENTIONED IN THIS ARTICLE
New Britain, Conn
R. L. Day & Co
Fall River
Mass
Dividends Declared by Several Companies This Quarter
Mergenthaler Linotype declares 2 1/2 percent quarterly dividend for stock of record March 11 with March 31 payment. South Porto Rico Sugar issues 2 percent preferred quarterly dividend with books closing March 21 and reopening April 2. International Smokeless Powder & Chemical grants 1 percent quarterly dividend for common stock with record March 22 and April 1 payment. Chemical Company issues 4 percent semi annual preferred dividend with record date April 20 and payment after March 16.
MENTIONED IN THIS ARTICLE
Mergenthaler Linotype Company
South Porto Rico Sugar Company
International Smokeless Powder & Chemical Company
Bradstreet Report Signals Gradual Spring Trade Expansion
Bradstreet's March report notes spring jobbing trade expanding slowly with conservatism and small lot buying. Overall trade larger than last month but not yet improving on last year. Cotton goods and silk fabrics show activity while dry goods and retail futures remain cautious. wheat and corn exports trend options amid variable freight and fertilizer sectors.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Canada
Telegraph
Bradstreet’s
Business Failures for Week Ended Thursday Eight
The weekly tally reports eight business failures for the week ending Thursday, contrasting with twenty two failures recorded in the same week of 1910. Local authorities note shifting conditions impacting commerce.
Business confidence climbs as iron and steel lead improvement
R G Dun weekly review notes the general trend toward improvement with no setback from rate decisions. Iron and steel show progress, bank clearings dip 2.9 percent vs 1910 but rise 3.5 percent vs 1908 outside New York, cotton goods markets cautious with low stocks, Fall River prints 90 000 pieces, and hides and leather markets show varied activity amid discount concerns.
MENTIONED IN THIS ARTICLE
New York
Fall River
Calumet & Hecla to Push Merger Despite Litigation
In a public letter Quincy A. Shaw states that the boards of Calumet Chicago and Hecla companies intend to continue with the consolidation plan. He asserts that litigation is only an obstacle and that outside stockholders largely share the management view. Boston, March 3, 1911.
MENTIONED IN THIS ARTICLE
Sir
Calumet & Hecla
Calumet & Hecla Company
Quincy A, Shaw
Boston
Roosevelt OKs club using his name in Boston group
The Roosevelt Literary Club of the West End House Boston obtained a written privilege from Theodore Roosevelt allowing use of his name. The letter dated March 1 1911 from secretary Frank Harper confirms Roosevelt has no objection and wishes the club success.
MENTIONED IN THIS ARTICLE
Roosevelt Literary Club
West End House
Boston
Harry Jacobs
Theodore Roosevelt
Roosevelt
Harper
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Reichsmarke Ee
Hoss Et
Fex
William E. Soule
York
Sathusetts Corporation
B. B
Vox
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James Shay & Co
GO State St
Stock Exchange
the Post
Rere
Aeeer
Aera
Eee
Weres
Utah Consolidated
New York Stock Exchange
Ray Consolidated and
China
Contact Copper Company
mTwee Aissins
Atté&S
Cnce
E& J
Atchison
Bos & Albany
Boston Fl
Bos & Me
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Boa & Prov Weet Ewes
Mexico
Cons W* . 13 13 1 12 No Te Eee Wee 10 Ichigan
Nevada Serene
Nipissing
North Butte
Old Colony
Osceola
Utah Consol
Utah Cop Co See
Winonaee Wolverine
Georgia
NEW York Bonds
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de Pitts L E&w
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Dun
R. G. Dun & Co
Pat White
the Howard
Pat
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New
GLOBE
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Down Town
Winter St
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GAIET
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Victor Herbert
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Tavecchia
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MM. Clement
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Sat
Eve
Polese
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Boston Arena
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Mass. Ave
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Devonshire St
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Seth K. Humphrey
Spain
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Fair
Tyrol
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Mischaelman
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