Prices Pursue Irregular Course in Stock Markets
Total sales New York 171400 shares and Boston 21160. most active issue in New York steel common 30800 shares. in Boston Greene Cananea 6003. Totals Jan 1 1911 to date New York 22187800 and Boston 1243462. prior year New York 45670600 and Boston 3676917. Major gains Mackay common 134 points to 93 in New York. losses Agricultural Chemical common 1%4 points to 5434. Calumet & Hecla gains 15 points to 501 in Boston. Union Pacific preferred falls 314 points to 90. Call money New York 2 4% and Boston 2% to 3%. Time money New York 234 to 314% and Boston 34 to 414%.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Greene Cananea
Mackay Common
Agricultural Chemical Common
Calumet & Hecla
Union Pacific
Time
Market shows irregular prices as volume remains light
Market activity was dull with irregular price movements and the lightest volume of the year. Mexi can developments drawn discussion but did not unsettle traders while Missouri Pacific lagged as the weak spot despite potential earnings. The US Steel unfilled tonnage report due today could rise around 350000 tons.
MENTIONED IN THIS ARTICLE
Missouri Pacific
United States Steel Corporation
New York Central
Bsk
Howev
Nion
Local Market Mixed as Copper Stocks Rise and Volume Surges
The local market saw high trading activity with 21 160 shares listed and unlisted. Greene Cananea led volume with 6003 shares while Amalgamated rose and Calumet and Hecla gained 15 points to 501. Osceola met at 2 30 and did not affect prices before close. Telephone New Haven and Steel common were firm as major industrials.
MENTIONED IN THIS ARTICLE
Greene Cananea
New York
Duluth
Amalgamated
Calumet & Hecla
Bank Rate Cut in England and Charter Grants in News Notes
The Bank of England cut the minimum discount rate from 3 1 2 to 3 percent with the rate in effect since Feb 16. The Massachusetts commission grants a charter to Harvard Co operative Bank of Dorchester. The Worcester street railways seek authority to acquire several lines. The Comptroller of the Currency requests March 7 bank and trust company conditions. American Trust Company named registrar for Cortez Associated Mines stock. Live Oak Developments to issue 50 000 new shares at 20 each, under Hayden Stone underwriters. Edison Company of Boston reports February gross earnings up 12.83 percent to rise by 62 305 dollars.
MENTIONED IN THIS ARTICLE
Bank of England
Live Oak Developments
Hayden, Stone & Co
Edison Company of
Boston
Boston Market Stock and Bond Prices Report
The Boston Market today lists stock and bond prices with the day’s sales and a comparison to the previous close. The report covers bonds and market movements in a concise briefing.
MENTIONED IN THIS ARTICLE
Boston
Boston curb market touches Amalgamated Nevada trading
Curb market activity in Boston recorded moderate volume with Amalgamated Nevada drawing interest. Transactions showed 25.7 shares, moving from 15 cents to a high near 1712 cents and closing strong at 16 cents. La Rose and Bay State Gas remained firm at about 458 and 27 cents.
MENTIONED IN THIS ARTICLE
Nevada
la Rose
Bay State Gas
Bond market notes in New England and Midwest financings
Fall River awards 140000 four percent municipal bonds and 50000 four percent sewer bonds to Curtis and Sanger and Blodget and Co. The National City Bank of New York underwrites 4000000 six percent 15 year debentures for Booth Fisheries and reorganizations to occur within 60 days. Woburn grants 30000 temporary loan and 40000 longer note at high discount. Minneapolis and St. Louis issues 2100000 six percent collateral notes secured by multiple city and railroad bonds with a second lien on existing collateral. American Cotton Oil Company activity noted.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Curtis & Sanger
Blodget & Co
National City Bank of New York
Booth Fisheries Company
Minneapolis & St. Louis Railroad Company
Minneapolis & St. Louis
Des Moines & Fort Dodge Railway
St. Paul
Bond issue sale details for a New York bank
The issue consists of 5 million dollars in 20 year 5 percent gold bonds. These bonds were dated May 1 1911 and are due May 1 193. The sale was to the First National Bank of New York and a local banking house.
MENTIONED IN THIS ARTICLE
First National Bank of New York
Calumet 2 Hecla Wins Osceola Vote
Calumet 2 Hecla achieves a merger vote victory at Osceola with 59,528 shares in favor out of 69,615 cast, meeting the three-fifths requirement. Osceola stockholders and Calumet officials attended at 12 Ashburton Place. debates were restrained and adjournment followed vote adoption.
MENTIONED IN THIS ARTICLE
Osceola Consolidated
Calumet & Hecla
Ashburton Place
Centennial
la Salle
Roland W. Boyden
Calumet
Osceola
W. H. Dodge
Houghton
Calumet Company
W. B. Dwelly, Jr
Guy W. Currier
Remy Agassiz
Quincey A. Shaw
I. L. Higginson
James MacNaughton
Thomas H. Perkins
F. W. Hunnewell
Merger Approval Moves Forward at Seneca and La Salle Meetings
At Seneca, 15,455 of 20,000 shares voted in favor of the consolidation plan. La Salle shows 210,097 yes votes to 978 against from 216,097 of 302,977 shares. A stockholder protested Calumet & Hecla holdings, citing breached development funding terms. General Manager Mac Naughton noted copper under 17 cents per pound hurts profit.
MENTIONED IN THIS ARTICLE
la Salle
Calumet & Hecla
MacNaughton
The
Caldwell
Kearsarge Lode
Dividends Declared by Hedley Gold Mining Co
Hedley Gold Mining Co declares quarterly dividends of 3 percent and an extra 2 percent for shareholders on record as of March 31. The payments reflect a total distribution of 5 percent to eligible investors.
MENTIONED IN THIS ARTICLE
Hedley Gold Mining Co
Railway and corporate stock closings and record dates
The notice lists multiple issuers with books closings and record dates for dividends and stock actions. Phelps, Dodge & Co. Sears Roebuck & Co. Manhattan Railway Colorado & Southern Railway Pittsburg Bessemer & Lake Erie United Gas Improvement Co. General Motors Co. and others set closings from March to April with various percentages and par values.
MENTIONED IN THIS ARTICLE
Phelps, Dodge & Co
St. Joseph Railway
Ht. & Pr. Co
Chattanooga Railway & Lt. Co
Sears, Roebuck & Co
Old Dominion Company of Maine
Manhattan Railway Company
Colorado & Southern Railway Co
Pittsburg, Bessemer & Lake Erie Railroad Co
United Gas Improvement Co
American Agricultural Chemical Co
General Motors Co
Toledo, St. Louis & Western Railway
Subscriptions Payable to Major Rail and Gas Firms
List shows amounts due from Laclede Gas Light $110 and Union Switch and Signal $25 with open books for Amalgamated Car Foundry Company and Pfd Brooklyn Rapid Transit. Other listed entities include Central Leather, Chesapeake and Ohio, and Mergenthaler Linotype.
MENTIONED IN THIS ARTICLE
Laclede Gas Light
Union Switch & Signal
Am, Car Foundry
Com
Brooklyn Rapid Transit
Central Leather
Chesapeake & Ohio
Mergenthaler Linotype
Also Mentioned on This Page
BY William BE. Soule
Bankers’ Sterling
Frances Ee
Reichsmarks Ee
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Eee
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