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Boston Post in Boston, Massachusetts

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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 09, 1917

Page

19

Plan of adjustment deposits stock with Bankers Trust

The article states holders of Preferred Stock may accept an offer by depositing their stock with Bankers Trust Company as Depositary at 16 Wall Street New York under a Deposit Agreement dated with the plan of adjustment. Copies of the Deposit Agreement circular letter and stock and bondholder notices are available from Bankers Trust or International Paper Company.

International Paper Company Bankers Trust Company Wall Street New York Epositary New York City New York Stock Exchange

Counsel and depositary details in New York City firms

The document lists counsel ON, JENNINGS & RUSSELL of New York City, recretery to committee OWEN SHEPHERD at 80 Broad Street, with Bankers Trust Company at 16 Wall Street as depositary and SH NATION at 57 Broadway as tran of Co of Deposit.

On, Jennings & Russell New York City Owen Shepherd Broad Street SH Nation Broadway York City

Markets Irregular in New York and Boston

Total sales in New York 558 500 shares and Boston 12 765. Most active in New York steel 88 900 shares, in Boston Pond Creek Coal 2 425 shares. Cumulative Jan 1 1917 to date New York 39 192 100 and Boston 1 864 156. Last year to date New York 31 550 627 and Boston 2 483 258. Leading gains Lorillard 10 to 210 in New York. losses N Y C S L 2d pref 8 to 49. Boston gains Punta Alegre 2 to 344. losses Centennial 1 to 21.

New York Boston Steel Pond Creek Coal Lorillard S. L. 2d Pref Punta Alegre Centennial Midvale Alaska Butte Mason Valley Ohio Aetasoo Midvale Steel St Jos United Met Wright-Mar Rock Island Rock Is Old A Owens Pan-Am Penn Lorillar Pere Pitts Coal Cosden Pitts Steel Pf Merritt Sapulpa Sloss-Sheffield Pacific Studebake Stude Corp of Texas Co Westin, House W & L Erie W&le Pf White Motor Willys-Over. i Wilson & Co Woolworth Worth P & Rae

New York Market Faces Relapse In Listless Trading

New York market shows a relapse to listless conditions with a 30 to 40 percent drop in dealings from recent days. Activity in ultra speculative stocks fades, while limited gains appear in United States Steel and allied shares. Notable advances include Texas Company, International Agricultural Chemical preferred, and Gulf States Steel, with rails showing weakness and a total of 540,000 shares traded. Bonds mostly steady as Bank of England discount rate held.

New York United States Steel and Allies Texas Company International Agricultural Chemical American Cotton Oil Gulf States Steel Mexican Petroleum American Smelting International Paper Preferred Peoples Gas Ohio Gas Chicago& Northwestern Chicago & St. Louis Second Bank of England United States

New York Stocks and Curb Markets Note Two-Year Bonds

The report highlights activity in New York stocks and curb markets focusing on the sale and pricing of two year notes. Investors reacted to changes in rates and market demand as traders priced short-term government debt amidst liquidity shifts.

Boston Market Highlights in Coal Stocks and Dividends

The Boston market spotlighted coal stocks led by Pond Creek and Island Creek with projections of profits 5 to 25 dollars per share and near doublings in contract prices for the coming year. Atlantic Gulf held a narrow range after a sharp rise. several mines face ex dividend dates as about two dozen stocks prepare payouts. Nevada Consolidated plans a winter lift in copper output from 70 to 80 million pounds to about 100 million.

Pond Creek Island Creek New York Boston Porphyry Utah Chino Ray Nevada Butte & Superior Anaconda Nevada Consolidated Pittsburg

United Western Oil Strike Near California Property

United Western Oil reports a significant strike on a new well on its California property. Control of United Western has recently passed to interests affiliated with Ohio Oil Company.

United Western Oil United Western Oil Company Ohio Oil Company California Ohio Cities Gas Company

Market dull after reaction shows mixed gains and losses

After a modest price surge earlier, the market traded listlessly with fractional moves and an irregular trend. American Smelting and United States Smelting led metals with gains amid expectations of strong quarterly results, while Texas Oil and several coal and utility issues showed strength before offsetting declines elsewhere.

Anaconda Utah Texas Oil Pittsburg Coal International Paper

Alcohol Stocks Fall Amid Prohibition Skepticism

The market shows weak performance in Alcohol Stocks with United States Industrial Alcohol lingering as a soft point. Distillers Securities also lag as the prohibition movement is blamed for selling pressure, though Industrial Alcohol faces decline from a balance sheet showing higher current liabilities than assets.

United States

Globe Dominion copper venture advances near Old Dominion

Globe Dominion, a new copper company adjoining Old Dominion, secures financing and begins preliminary work. Mining geologist Sydney H. Ball reports veins are commercially productive. A 600 foot shaft will be sunk with drifting on the 290 and 600 levels. Shaft house cleared and engine foundation underway. Smelters at Old Dominion and International accessible. Fiscal agents include Luke, Banks & Weeks and John J. Moran & Co.

Globe Dominion Old Dominion Sydney H. Ball International Luke, Banks & Weeks Stock Exchange John J. Moran & Co

Also Mentioned on This Page

Philip T. Dodge F. N. B. Close Gates W. McGarrah Samuel McRoberts Ogden Mills Rudolf Pagenstecher E. V. R. Thayer Albert H. Wiggin Mass Merchants National Bank Unit Manufacturing Co Amesbury Treasury Martin & Co., Inc Devonshire St Fort Hill the National City Company Congress Street City Bank Bldg Bos New England B. P Congresa Theatres Associates Marcus Loew, Je M. Douglas Flattery Arizona America John E. Allen & CO Devonshire Street Blackstone Oil Massachusetts Blackstone Oil Company A. H. Waitt Milk St NTM New York Market Boston Stocks Mar Adams FE Alaska-Juneau Ieee Car & Fury Hide & Lea H& Lp Te &T Atchison Atchison Gol Atlg& Phi Atlg & WI Pf Barrett Cops Beth Steel Brunswick Ter Burns Bros Butte & Sup Can Pacific Ene Eee Cal Pet Cerro de Pasco Ches & Ohio CM & A Be CM & St P Col Gas Delage-beeb Erie Min & Sm Gaston W & Yy Gen Erie Gen Motors Goodrich Agri Co Lee Rubber Lehigh Valley le Loose-Wilea Louis & Nash Meswell Ts Etree New Iil Montana NYC& Ad Ee Nor & Western Swift & Co Algomah Pheu Pneu Tugar Pe Amoskeag Anacon’ O Arizona Cox Sone AUG & WI AUG & WI Pt. Iy Bos & Albany Cal & Arizona Staeee Cal & Heela Beene Chi No West Rts Chino Copper Con & Montel Coper Range Cub Port Cem Davis Daly East Butte Edison Electri Fitchburg P Franklin Indiana Hancock Isle Keweenaw Haven New River Habeas Plant & Co Seneca Santa Fe St Mary’s Shannon South Lake Sup & Bos Torrington United Fruit Uni Shoe U S Utah Et al Ventura Vt & Mass West End West Union Art Pai Bay State Bingham Coal Bingham Mines Boston Arizona Boston & Mont Butte & Son Cal Jerome Cal Corbin Champion Eagle & BB Miami Truro Money Markets Federal Reserve Bank Federal Reserve Troston Sewenee Eeae Emand Prey New Orleans Liverpool High Amer Electrical Development Co. of Ontario Niagara Falls Bodell & CO Congress Street Inspiration Consolidated N. Y Pine Street Globe-Miami Globe-Miami Copper Co David F. Beggs East River Savings Bank U.S. Exchange Bank San Luis Mining Co Victor Gilsey Albert Hicks Hudson Safe_Deposit Co Nineteenth Ward Bank Lcpensee and Traders Bank Newark Walter Andrew Jones Paige-Detroit Thomas Frederick W. Barker Aeronautical Society of America Aero World Preston Aerodrome Corporation Columbia Trust Co the Registrar and Transfer Co New Wane U. S Mexico Ohio Cities Gas Columbia Gas & Electric Lehigh Reading United Verde United Extension Jerome Frank J. Smith & Co Congress St Nmiass Inspiration Copper Miami Copper Old Dominion Copper United Globe Old Dominion Co Mnov High Point Low Point Sweer New Hoffman Company Preferred First Hoffman Oil Company Goose Creek New Hoffman Co Republic Production Company Hoffman Hoffman Company Humble Oil Company Texas Hoffman Companies OIL Securities & Investments CO William St BAY State Film Building Sharon Goe Street
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