Stock issues and director changes dominate city business notes
Common stockholders may subscribe to Jacksonville Tracton Company new shares at 100 dollars each, March 23 deadline, record date February 28. Stewart Mining posts February gross of 157000 with net 112000, January earnings 123000 gross and 78000 net. South Lake Mining names Irving J. Sturgis Thomas Woods and Edward Robinson to replace Watsons. Mason Valley reports December quarter net 53561 and profit after charges 15289 versus prior deficit. Cambridge Electric Light offers 50000 new shares at 200. rights quoted 5.5 to 6, one new share per rights. Fitzpatrick & Co renews to larger quarters at State Street. Seneca Mining shows year-end liabilities 154454, up 12156. expenditures 12155 with 8903 interest. W Cameron Forbes elected director of St Marys Mineral Land. Duncan Dewar starts as salesman at Hornblower Weeks.
Bankers Offer Fore River Bonds from Adams and Leach
Adams and Leach offer the unsold balance of 750000 dollar tax exempt first mortgage 4 percent serial gold bonds of the Fore River Shipbuilding Corporation at prices netting 5 1 2 percent. Bonds mature annually to 1933 with wide maturities. Ware River Corporation is owned and managed by Bethlehem Steel, which guarantees principal and interest. Bethlehem Steel’s earnings show surplus for dividends well over 2 million dollars in 1916 1919 and 1912, with 1913 figures not yet public but surplus expected between 9 and 1 vent ane the preferred stock.
MENTIONED IN THIS ARTICLE
Bethlehem Steel Corporation
Iixead
Bond Market Notes Mixed U S 4s and Corporate Issues
The page lists myriad bond prices and yields across U S government issues such as 4s 195? and 4s 1958, plus numerous corporate bonds including Penn, Am Rite, Du Pont, Armour, and East Coast lines. It notes total sales around $2 922 000 weekly and marks various yields, par values, and issue dates, reflecting a broad snapshot of bond activity and valuations.
American Woolen at New Low Reflects 1913 Losses
The American Woolen Company posted a large annual loss for 1913, a 4 million asset deficit after depreciation and dividends, with a weak 7 percent stock yield. Factors include a tariff readjustment, a garment workers strike, and overall poor business conditions, signaling no near rebound.
Prices of Stocks Slightly Higher Across Markets
Market notes show general gains in stock prices with woolen stock and American Sugar lagging. American Radiator and Mass Consolidated report strength, while rumors hint at Packers taking control of Central Leather. A mix of price movements in top issues and annual report chatter frame the session.
MENTIONED IN THIS ARTICLE
Woolen Co
Mass Consolidated
Financial Summary of New York and Boston Market Activity
Total sales for New York and Boston are listed with shares for January 1, 1914 to date and the corresponding period last year. Most active issues include Steel in New York and Arizona Commercial in Boston. Notable gains and losses include U S Ind Alcohol pref and Am Sugar pref in New York, Edison Electric and Am Woolen pref in Boston. Call and time money are shown for New York and Boston markets.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Arizona Commercial
U. S. Ind
Edison Electric
New York Market Sees Steady Demand and Firmness
Market on March 4 showed scarce floating supply and a fair rise amid modest buying. Commission houses traded more, bears covered, and steel shares gained on strong February data. New Haven touched a low before recovering, sugar stocks fell on tariff fears, and U S 4s gained 1/4 on call with total par value of 2,635,000.
MENTIONED IN THIS ARTICLE
New York
Commission House
New Haven
London
United States
Local Market Sees Broad Rise With Woolen Stock Slump
Boston march 4. Following New York the local market moved higher with copper and industrials rising. American Woolen Company report spurred losses in woollen shares with common down to 14 and preferred to 72 3 4, lowest since 1907. Arizona Commercial New Arcadian trades steady to firm while Superior Boston shows firmness. Bond dealings broaden market strength with a firm close.
MENTIONED IN THIS ARTICLE
Boston
New York
American Woolen Company
Arizona Commercial
New Arcadian
Superior
New Haven
Woman physician dies in Somerville at 24 Park Avenue
Dr. Emily H. Sawyer a physician of Somerville for many years died at her home at 24 Park Avenue. Born in Girard Pennsylvania she studied medicine at the College of Physicians and Surgeons Boston and had practiced in Somerville for decades.
MENTIONED IN THIS ARTICLE
Emily H. Sawyer
Somerville
Park Avenue
Girard
Penn
College of Physicians and Surgeons
Boston
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