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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 20, 1913
Page
18
The Directors of the American Zinc Lead and Smelting Company have declared a dividend of fifty cents per share payable April 10 1913 to stockholders of record at the close of business on the date specified.
The market notice lists bid and asked percentages for various commodities and companies including Camb Steel, ConTrol NJ, Fl Str Bat, Gen Asph, G Asph pf, Pa Steel, Fal Salttage, Philadelphia copper, PEI, Phil Raper, Phil Trac, Tonopah, Ton Bel, UTr, Gasimp, Wk Ir and Stl. The data shows fluctuating bid and ask levels across multiple sectors.
Rumors of a suit to dissolve American Smelting Company spark a sharp market break and quick recovery. Daily totals show New York and Boston activity with readings on key issues like Manhattan Elevated and Union Pacific pref. Call money and time money move in both cities amid volatility.
New York March 19 The stock market remained slow with bearish sentiment and scarce demand. Smelting fell to a new low amid rumors of government action under the Sherman law before a late rebound on denial. sugar and specialty issues also dropped while New Haven recovered from a recent loss. Call money rose as bankers bid for funds. bonds weakened and total par value traded reached 1,855,000.
The Boston trading scene reports a generally lower market with few standout issues. Amalgamated slipped to 66 3-4 from 68 5-8 as shorts pushed the price. Telephone offerings were well received by locals. Boston and Maine and New Haven gained. United Fruit hovered near 167 with an irregular close.
Cotton market held steady with a healthy tone as buyers showed interest and shorts covered ahead of Easter. Market support came from anticipated weather delays delaying farm work and cautious farm preparations. forecasts predict general rains in most cotton regions and Augusta reports rains in that district.
Quotations for funds in New York yesterday matched Tuesday levels with call money at 5 1/4 to 5 1/2 percent and time loans at 5 1/4 to 6 1/4 percent. Year loans ranged 5 1/4 to 5 1/2 percent while commercial paper found buyers at 5 1/2 to 6 percent. easing blamed on bank statement gains and private capital inflows.
A preview of a Sun day Post feature highlighting ideas for a maple sugar party and a collection of favorite recipes from New England housewives. The article promises practical menu tips and traditional dishes reflecting regional cooking.
Goodyear demountable cushion tire with double notched treads offers high non skid properties. Fits SAE standard wheel and standard pneumatic clincher rims for light delivery wagons or high speed trucks. Guaranty 8000 miles and 9 months.
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