Weak Railroads Face Large Note Obligations Without Provision
The Missouri Kansas & Texas and Boston & Maine face sizable maturing notes with no provision in place. Boston & Maine shows signs of improvement after note extensions and earnings gains, while Missouri, Kansas & Texas lingers near receivership risk with lack of banker backing and a bleak outlook for meeting June notes.
MENTIONED IN THIS ARTICLE
Boston & Maine
New Haven
Missouri Pacific
Missouri
Kansas
Texas
Wabash
Rock Island
Maine Railways
Kansas &Texas
New York
Missouri, Kansas & Texas
Publecly
Kuhn, Loeb & Co
Goulds
Iron Mountain
Market Summary of Jan 1 1915 New York and Boston
Total sales New York 209800 shares and Boston 25868. Most active in New York Steel 28500. in Boston Am Zinc 5830. Totals Jan 1 1915 to date New York 10925300 Boston 1130519. Last year New York 18527100 Boston 1302980. Gains and losses include New York Western Maryland pref 61.5 to 36.5, Pittsburg Coal pref 5 to 88, Boston Conn River R R 10 to 150, Con and Mont class 1 39 to 91.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Maryland
Pittsburg
Conn
River R. R
Con. & Mont
New York Markets Track War News And Banking Flows
Wall Street opened steady then eased amid Mexico and warship tension. Gould interests exit Missouri Pacific and St Louis & Iron Mountain, lifting related stocks while profit taking modestly curbs gains. Bond activity slows with a Swiss loan planned and remittances to Madrid surge on sterling decline.
MENTIONED IN THIS ARTICLE
New York
Washington
Southern
Gould
Missouri Pacific
St. Louis
Iron Mountain Roads
Sears-Roebuck
Woolworth
Express Company
Maryland
Canadian Pacific
Reading
Lehigh Valley
Chesapeake & Ohio
Madrid
Switzerland
United States
Nord Pref Dividend Declared by Loose-Wiles Biscuit
Directors of the Loose-Wiles Biscuit Company declared the regular quarterly dividend of 1 3 8 4 percent on the first preferred stock payable April 1. The company has been paying quarterly dividends of 1 3 8 4 percent on the second preferred.
MENTIONED IN THIS ARTICLE
State Street
Boston
Charles A
Ttt
Beard
S. J. Lehuray
Inspector Street
Montreal
Loose-Wiles Biscuit Company
Boston market gains lift Boston & Maine on reorganization optimism
Boston & Maine led the market with a 5 1 4 point advance to 38 1 4 as plans for reorganization progressed. Boston and Lowell and Connecticut River subsidiaries rose while Concord & Montreal and Northern Railroad fell, United Fruit declared a regular dividend amid stronger February earnings, and wheat jumped 53 4 cents on a rumored embargo that could not be confirmed.
MENTIONED IN THIS ARTICLE
Boston
Boston & Maine
Boston & Lowell
Connecticut River
Fitchburg
Concord & Montreal
Northern Railroad
United Fruit
Russia
Fortuna Active Traders Push Price to New High
Fortuna shares rise 23 percent to a fresh intraday peak as Verde Extension gains on news of ore body progress on the 1200 foot level where the drift shows seven feet of ore in width. Other notable names include Humboldt Jumbo First National Copper and Calumet and Hecla. Springfield Mass grants temporary loan of 500000 to Solomon Bros and Hutzler at about 8.08 percent.
MENTIONED IN THIS ARTICLE
Fortuna
Verde
Humboldt
Jumbo
First
National Copper
Calumet & Corbin
Springfield
Mass
Solomon Bros. & Hutzler
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Wall Street
Travellers’ Letters of Credit
Canada
Central America
Panama
West Indies
Bermuda
Fort Worth Power & Light Co. Worth
Fort Worth
Richardson, Hill & CO
Bankers
Elliott
New England
Hodgdon, Cashman & Co. Investment Bankers
Industrials United Cigar Stores
United Profit Sharing
Brady & CO
United Fruit Company
Utah Consolidated Mining CO
Broadway
Utah Consolidated Mining Company
A. H. Melin
City OF
Massachusetts
Blodget & Co
Curtis & Sanger
Congress Street
Maine
Wiles
New York Market
Nord
Chicago
Minneapolis
St Louis
Ciel
Ty. Aeneee
Toledo Aeretane
Detroit
Government OF Switzerland
Lee, Higginson & Co
New York City
The
Swiss Confederation
Geneva
Guaranty Trust CO
Halsey & Co., Inc
Myrick Building Trust
Worthington Street
Water Street
Main Street
A. Willard Damon
Ralph W. Ellis
J. Frank Drake
Hayden, Stone & CO
Milk St
Sieadan
Cananea BS
Kron Lake
Manhattan Transit
McKinle Darragh
Mitchellining
Eas
Mines Co of America Nipissing Mines Co
Otis Elevator
Pacific Smelting
Remington Typewriter
Riker-He
Union Copper
Soares
Sarnen
Eeererwrerer United Cigar Stores
Beenenese United Profit Sharing
Atlanta
Calalaveras
Cal & Corbin
Omega
Ry National
Houghton
Majestic
Nevada
Uth Lake
United Verde
Liverpool
Dluy Kng
Eeec Ene
I Guly
Dmie Sacar
Holyoke
Mags
Benjamin Franklin
Penne
Earnest E. Smith, Inc
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