Minor rail bonds eyed for potential gains in 1910s market
The Minneapolis & St. Louis system with Iowa Central, totaling over 1550 miles in Illinois Iowa Minnesota and North Dakota, shows a large funded debt of about 44 million dollars. Group A Group B and Group C bonds offer varied earnings coverage and rising extended mortgage plans may retire outstanding bonds, suggesting attractive yields of about 6.5 percent on certain issues amid improving earnings and asset conditions.
MENTIONED IN THIS ARTICLE
Minneapolis
Minneapolis & St. Louis
St. Louis
Iowa Central Railways
Iowa Central
Town Central
Minneapolis & St. Louis First
Treasury
Town Central First
Minnesota, Dakota & Pacific
Missouri River
Minn & St Louis Ist
Minn & St Louis
Iowa Central First Bs
Market Strength Gains and Losses Across New York and Boston
Strengths show gains in New York and Boston with total sales led by New York 893 900 shares and Boston 87 020. Most active New York steel common 145 700 shares and Boston Lake Copper 10 268. Cumulative sales for 1912 to date: New York 29 418 900. Boston 3 068 490. Compared with last year New York 26 176 300. Boston 1 490 531. Notable changes include New York N Y C St L first preferred 414 to 103, George H Helme Co 61% to 165, Boston Lake Copper 5 to 4, Tamarack Mining 1% to 29. Call money New York 236% and Boston 4 to 414%. Time money New York 3% to 444% and Boston 4 to 414%.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Lake Copper
S&m
Seattle
Atchison Oe
Do Pfeee Ewer Nee
Bos
Albany
Hom
Lowell
Bos & Maine
Kitesburg
NY & NH
Old Colony
Union
West Fund
Bli
Allouez
Oal & Arizona
al & Hecla
Ons Mercur
Franklin
Michigan
Nevada
North Battery
Ah Tss
Old Dominion
Osceola
Quincy
Sita
Santa Fe
Shannon
Shattuck-Ariz Agi
Superior
Tamarack
Tennessee
Trinity
Utah
Gigi
Utah Cop Co
Victoria
Winona
Georgia
Mackay
McElwain i Pf
Mergenthaler
Cot
Pullman Eee
Reece
Swift & Oo
Torrington Land Oy Eee
Alm Ag
Am Q & Ny Se
Obaeco
Realiz
Ealt Ohio
Ohio
Toldfield
Lehigh Alley
Liggett & Mes Peifrey
Tworvillard Co
Louis
Iodo Mackay
Hyay
Marine
War & Ss Ss M
O& W
Nor & Wes
Pacific Mall
Philadelphia
Rock Island
South Ry
Texas Pacific
Third Ave
Invvist
Uscipaa&p
Market Totals Sail Past Nine Hundred Thousand Shares
After the close yesterday total volume surpassed 900,000 shares as steady action and selective gains in the specialty list offset minor losses in others. Anaconda and Amalgamated floated dividend expectations while a Packers case acquittal improved sentiment and British coal strike talks collapsed, nudging London quotes.
MENTIONED IN THIS ARTICLE
Anaconda
Amalgamated
Anaconda Treasury
London
Copper Shares Rally As Market Turns Upbeat On Key Stocks
Trading opened cautious as traders booked profits but kept buying in Calumet & Arizona Amalgamated North Butte and Utah Consolidated. Copper prices supported the move with Calumet & Arizona at 74 and Lake Copper rock yielding 23.62 pounds per ton. Swift rose to 108 1 4 after closing at 108 on Packers case discharge. American Telephone American Sugar and Steel leading industrials. The close showed a firm tone.
MENTIONED IN THIS ARTICLE
Cole-Ryan
Calumet & Arizona
Amalgamated
North Butte
Utah Consolidated
New York
Lake Copper Rock
Mohawk
Utah
Swift
Investment shifts toward minor railroad bonds and consolidations
The article argues that Towa Central bonds gain mortgage equity through consolidation, while other minor roads like Minneapolis & St Louis and Iowa Central firsts may be used to form diversified investment packages. It notes a renewed investor tilt from high grade railroad bonds to lower priced bonds and rising interest in industrial and public utilities.
MENTIONED IN THIS ARTICLE
Towa Central
Minneapolis & St. Louis
Iowa Central First
Towa Centrals
Majestic dominates Boston curb market trading
Majestic again led the Boston curb market with price fluctuations between 177 cents and 84 cents. Other notable features include First National, Davis Daly, Ohio Copper, Calaveras, Bay State Gas, Porcupine Northern and Chief Consolidated. Detailed fluctuations follow.
MENTIONED IN THIS ARTICLE
Majestic
First National
Davis Daly
Ohio
Copper
Calaveras
Bay State Gas
Porcupine Northern
Chief Consolidated
High Grade Non Taxable Securities Investment Propositions
A long established business offers to exchange holdings that fail to yield strong returns for better options. The firm seeks proposals to materially increase income from investment opportunities and invites consideration of modern plants and large earning capacity assets.
Dividend Announced by New England Telephone and Telegraph
A. H. Mellin secretary announces a dividend of 1.75 per share for New England Telephone and Telegraph Company stockholders of record March 15 1912. Payment will be made Saturday March 30 1912, with William R. Driver as treasurer.
MENTIONED IN THIS ARTICLE
William R. Driver
American Zinc, Lead & Smelting Co
American Zinc, Lead and Smelting Company
Ss. E. Farwell
Also Mentioned on This Page
Massachusetts
Business Real Estate Trust of
W. H. McElwain Company
Lowell Machine Shop
Minn. & St. L
Iowa Central Cos
Iowa Central Oisses
Minn & St Louisa
Iowa Central Railway
Fght & Pass
Fght
William E. Soule
Eesveen
Eee
Reichsmarks
Cau
Low
Lest
Beaver
Ariz
Davis-Dalyen
Ely
Giroux
Wereeer
Isis Sig
Greene Oan
Nipissing
North
Preston E Dome
United Copper
Yukon Gold
United Fruit
United Shoe
S Steel
Algomah
Rosy
Arizona
Gulf
Corbin
Butte
Giroux Eeesere
Vba
Hancock
Helvetia
Isle Royale Wesee
Lake Coppe
Lds Mason Valley
Miami
New Arcadian
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Pond Creek Coal
Ray Consol
South
Sup & Bos
Tuolumne
See Eee
Apex Seeree
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Verde
E. H. Rollins & Sons
Chicago
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Turner, Tucker & Co
Milk Street
Buffalo
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Broadway
US Steel
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W& LE
Thomas Reinhardt
Devon
J. Boston
Broad St
New Yorkshire &St
Toronto
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Rid
American Goldfield S
Foley-O' Brien
Great Northern
Oo Hollinger
Jupiter
Northern
Ontario
Servath Best
J. TH
Broad Street
N. Y
Devonshire St
King St. W
Curb
Omas Reinhardt
Maine
Care Boston Post
Jamaica
Copper Mes Shay & Co
State St
Maoss, Corporation
American Gas & Electric Ptd
Standard Gas & Electric
Republic Railway & Light Ptd
American Power & Light
Pacific Gas & Electric
Hudson River Electric Power
Chandler Bros.é
Utah Consolidated Mining CO
A. H. Mellin
New England
Telegraph Company
Frank H. McCarthy
Si ‘Cian
Tisdale
Preston Vast Dome
Rea Mines
Skeere
Porcupine Ee Oaks
United
West Dome
Daily Market Letter
Feature
A. Stour