Wall Street markets digest mixed railroad and stock news
The report notes weak demand for Western Union stock rights amid overall stock market caution. Southern Pacific shows eight month earnings declines with gross down about 6 percent and net down 20 percent. Panhandle stock moves on dividend cut while Boston and Maine suggests freight rate gains could lift value. Bond market activity tallies total sales at 2.26 million as year totals rise.
Financial highlights from Copper and mining firms in 1913 reports
The Superior Copper Company shows operating profit of 98189 and net asset increase after interest of 93912, with output 2992765 pounds at 12.86 cents per pound. Goldfield Consolidated reports ore value 5438853 gross and net 2731515 after expenses. Laurium Mining reports 1913 expenses 26486 and year end assets of 18465 against liabilities 3020. Turner Tucker Co mails quarterly circular on bank and trust securities. Union Copper Land & Mining reports Jan 1 1914 cash and land holdings unchanged at 6365 at Os.
MENTIONED IN THIS ARTICLE
United States Smelting Refining & Mining Co
United States Smelting, Refining & Mining Company
F. W. Batchelder
Superior Copper Company
Goldfield Consolidated
Laurium Mining Company
Union Copper Land & Mining Company
Prices Sag in Dull Markets Weak February Earnings Pressures Copper
Moderate market pressure lowers quotations across sectors. Massachusetts gas common stock weak on February earnings. Many copper shares show substantial losses. Ahmeek declares regular quarterly dividend of 2 dollars.
MENTIONED IN THIS ARTICLE
Massachusetts
Ahmeek
Market Report Yesterday and Year to Date
Total sales in New York 214 800 shares and Boston 21 486. Steel led activity in New York with 51 200 shares and in Boston with 2057 shares. Year to date totals show New York 21 884 700 shares and Boston 1 594 131 shares. Compared with last year New York 20 945 500 and Boston 1 578 123 shares. Notable moves include P. C. C. & St. L. up 3 points to 79, Am Woolen pfd down to 75 with 314 loss, Fitchburg Bic up to 82, Edison Electric down to 257. Call money in New York 17g percent, Boston 3 percent. Time money New York 2% to 4 percent, Boston 4 to 414 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Boston—Steel
Am. Woolen Pfd
Fitchburg Bic
Edison Electric
Mar
T& SF
West T & T
We'e Eley
Alaska
Am Ag Chem
Tel & el
Aveee A
Arizona Com
Bonanza Oe
Bos Elevated
Bos & Albany
Bos & Maine
Bos & Prov
Butte & Sup
Cal & Arizona
Cal & Hecla Free
Centennial
West Ig Pe Ease
East Butte
Edison Elec
Fitchburg Pf
Franklin
Elec
Granby
Gt Nor Pf Rts
Greene Can
Hancock
Indiana
Ale
Island Creek Pf
Isle Royale
Kerr Lake Ee
Keweenaw
la Salle
Miami
Nevada
North Butte
Old Colony
Old Dominion
Pullman Co
St Mary's
Shannon
Sup & Bos
Swift & Co
Tamarack
Torrington Ye
Trinity
Tuolumne
United Fruit
ORL
US Steel
Utah Consol
Utah
Victoria Eceeceus
Isiss
West E
Western Union
Winona
Wolverne
Lehigh Valley
Liggett & Mey Pf
May Dept Store
Miami Copper
Mex Pet Co
Mont Power Co
Morris & Essex
Nate&§& Sreeell
Nynhe&h
Nor Paces
Nor & Wes
Pacific Mail
Pac T & T
Penn
Pitts Coal
Pcc&s
Rock Isl
Rumely Co
Southwees
Eeace
Bipoard Air
Corporation Mnotes
South Pacific One
Gad Pees Sas
Texas Pacific
The
Texas Co
Third Ave
Eee
UN Pac Ag Pt
C&c
West Union
Westinghouse
Woolworth
Woolworth Pf
Market Slump Persists As Traders Anticipate Actions
New York stocks drifted lower with little demand and few gainer prospects. Sentiment favored the short side as government actions against American Tobacco and AT&T derivatives reemerged as market factors. Rail earnings slips and dividend cuts weighed on shares while tax-exempt bonds drew some funds.
Local Market Mixed as Prices Slip on Mass and Copper Shares
Boston March 26 The local market fell to a lower level amid moderate selling pressure. Mass was common slid from 92 to 90 closing around 91 due to February earnings and ongoing monthly declines since last September. Copper stocks faced losses with Calumet & Arizona and New Arcadian dropping while Lake issues also fell. however bond buying remained solid and the market closed weak with signs of faith in copper’s long term balance.
MENTIONED IN THIS ARTICLE
Boston
Bears
Calumet & Arizona
New Arcadian
Calumet & Hecla
Tamarack & Quincy
Market Drifts as Steel and Rail Stocks Drag on Broad Exchange
Yesterday's stock quotes showed a muted trading day with small swings on the floor and little external influence. Amalgamated Copper weakened with other issues while Railway Steel Spring's dividend cut cast a dampener. Superior Copper reported 1913 earnings of 93,912 on 100,000 shares with total cost per pound and recovery figures disclosed.
MENTIONED IN THIS ARTICLE
Stock Exchange
Amalgamated Copper
Railway Steel Spring Company
Foreign Exchange Rates and Day’s Bank Rates
The market showed easier afternoon rates among bankers. Sterling cables quoted at 4.8660, 4.8625 to 4.8630 for demand, 60 days at 4.8440 to 4.8460, and commercial bills at 4.8340 to 4.8360. Francs at 5.18 percent with 3-64 discount, marks at 95 percent with 1-32 deduction, guilders at 40 3-16 with 6-64 premium.
Next Sunday Post Promises Double-Toned Ink Masterpiece
An extravagantly printed full-page feature touts the Sunday Post issue as a remarkable engraving work in double-toned ink. The ad-style copy urges readers not to miss the forthcoming Sunday edition.
MENTIONED IN THIS ARTICLE
Next Sunday Post
Sunday Post
Lehigh Valley Earnings Fall Sharply In February Report
The February statement shows net earnings of 141 000, down from 738 000 last year. For eight months since June, net earnings total 6 464 000, about 75 percent of the prior year. Amid tax day nearing, Massachusetts 4 percent bonds trade around 3 60, while New York State bonds rise several points above syndicate sale price.
MENTIONED IN THIS ARTICLE
Southern Pacific
Lehigh Valley
Massachusetts
New York State
Bond Market Notes From Various States and Cities
Wilmington sells 255000 4 12 per cent 12 year bonds to N W Harris Co Essex County awards 50000 4 per cent bridge and highway bonds to Hayward Wilson and Kean et al Brown Bros Co announce sale of 10000000 6 12 per cent equipment trust gold certificates Norfolk Western RY Providence seeks bids by April 14 for 375000 4 per cent sewer bonds San Diego invites bids for 705000 5 per cent serial bonds Mississippi to offer 1500000 20 year 5 per cent bonds to redeem debt
MENTIONED IN THIS ARTICLE
Wilmington
Del
N. W. Harris & Co
Essex County
Massachusetts
Hayward Wilson and Kean, Taylor & Co
Mercantile National Bank of Salem
Hastabrook & Co
R. L. Day & Co
Merchants’ National Bank of Salem
Cape Ann National Bank of Gloucester
Curtis & Sanger, Adams & Co., Merrill, Oldham & Co
Blodget & Co
Brown Bros. & Co
Norfolk & Western Railway Company
Providence
R. I
Mississippi
Two New Public Markets Pushed by City Mayor
Mayor Curley urged two new public markets one in the South End and one in South Boston at a hearing on proposed market district changes. Most attendees opposed changes. the mayor said proposals will not be enacted yet the issue lingers.
MENTIONED IN THIS ARTICLE
South End
Boston
Curley
New Dover South Market Proposed to Ease City Congestion
The mayor supports locating a distributing station south of Dover street along the New Haven railroad to serve producers in Brockton Braintree and Randolph. Engineer G W R Harriman outlines plans to expand South market stands without more street space, including a one way street with wagons centered or stands shifted to one side.
MENTIONED IN THIS ARTICLE
Dover Street
New Haven
Boston
Brockton
Braintree
Randolph Way
G. W. R. Harriman
State Board of Ariculture
Harriman
Fresh groundfish prices fall as rivals offer steady catches
Groundfish prices declined with heavy arrivals and dealers offering firm terms all day. Haddock 21 2, steak cod 6, market cod 3, steak pollock 51 2, steak hake 6, and medium hake 3 cents per pound. A new direct freight and passenger service Boston to Havana launches April 30 with weekly sailings via United Fruit Company, omitting Colon calls but connecting at Jamaica. Steamers to Havana take under five days, first sailing Carrillo, Captain Smith. Motor boat season starts mid April with vessels being overhauled.
MENTIONED IN THIS ARTICLE
Nelson
Cymric
Queenstown
Portland
Boston
United Fruit Company
Havana
New
Shipping News Log Delivers Steamers and Sailed Vessels List
Shipping notes list steamers Cretic Howarth Genoa Naples Ponta Delgada Bloemfontein Purcell Simon Trefry and many others bound for or from ports including Kingston Jamaica Calcutta Hoboken Philadelphia and New York. The report catalogs arrivals departures sailings and tugs with numerous vessel names and tug barge tows across Atlantic and coastal routes.
MENTIONED IN THIS ARTICLE
Cretic
Howarth
Genoa
Naples
Ponta Delgada
Bloemfontein
Purcell
Calcutta
Oran
Simon
Trefry
Port Morant
Kingston
Jamaica
A. W. Perry
Ellis
Halifax
N. S
J. H. Devereaux
Keene
Norfolk
Hart
M. E
Waltham
McConnell
New York
Rahn
Tamaqua
Lansford
Isaksen
Herndon
Portland
Cacoosing
Macungie
Boxer
Daysie
Hampshire
Elk Garden
Philadelphia
Lackawanna
Brophy
Hoboken
Chemung
Beverly
Delawanna
Lynn
Pequest
Plymouth
Hansen
Port Johnson
Wilkesbarre
Salem
Charles T. Gallagher
Pierce
Robesonia
U. S. Revenue
Gresham
Jonian
Glasgow
Louisiana
Copenhagen
Tivives
Colon
Port Simon
Grecian
Howard
Pathfinder
H. F. Dimock
Middlesex
Newport News
Eureka
Herbert
Jonas H. French
Newburyport
W. H. Waters
Shulee
St. Bernard
Five Islands
John J. Perry
Rockport
Ella Clifton
Gloucester
Mass
Magnus Manson
Jacob M. Haskell
James & Ella
Blue Hill
Valley Forge
Marion
Pickering
Biddeford
Mercury
Stemford
Conn
Also Mentioned on This Page
American Telephone
Pan Handle
Pennsylvania Railroad Treasury
New England
Boston & Maine
United States
Gen Moto
Hocking Va
Ira
Mess
Eo & C of
Bevo
Eoria
Rock & P Ist
Mare An Rf Sa
Lijeeees
Avery
TIM & SG
Rfe
PM & M
Ste Teseees
Asi Ocw
Eve Ceen Sess
Chicago
Nort & W
Paget
Ood
St Lanes Penn
del &H
Detroit
du Pont Arti
Y Cras
Erie
Erie Penn Ad al Amn
Fla F. Hin
T&t Ea
Osng Hud
Ves
Seab Air Ladies Arene
Lindane Steel Fe
Arbor
O& G
Met
Pacific
So Pacific
Kwa & Mies
Fts& M
Pacide
Issu Balt & O
Eieietane
Rae
Ag Southern Ry
Bal & O Cvt
Kan City
Reuters Ry
Cya
S . Lg
Balt
Pitt Lie
Doutheen Ry
E&wy Mobile & Odiv
Jane J Liggett & M
Beth Steel
Texas Coert
Beth Steel Mg
Jeff Bride
Texas My Pit
Bklyn Rap
Stewe
Thiel
Eklyn
Saat
A . Eran
Si P
K & Eastern
L&wook
Union Elec Let & Cala & Bie
eVekek
Cen Leather
Mo Pac Con
Union Pac
We Pac
Cen Pacific Ist
Mo Pac Cvt
Union Pac Fg
Mo Pac
Montana Power i. Eees
U & Rubber
U S Steel
L.sif
CIA
Virginia
Western
Nyc
Westch
Nynh&h
West Cs
Seere
Mil & St P
Ae C & Nwn
Wa & LE i
C & Nw
Wisconsin A
Canada
N.B. Stark & Co
Congress St
Montreal
Toronto
London
Merrimac Chemical Co
E. V. Henderson
American Telephone & Telegraph Co
G. D. Milne
Pork Pve
Wee
Lord
Ibs
New York A
Minneapolis
St Louis
Kansas City
Toledo
Fall River
Am Lines
Mechanics Alwright
Merchants
Narragatt
Borlin
Osborn
Pilgrim P
Pocasset
Chace O Chariton R Borden
Conanicut
Sagamore
Davis
Seaconnet
Davola
Shore
Flint
Stafford Io
Stevens
Tecumseh
King Phil
Union Cat
Lincoln
Wampang Luther
Weetamoe
Orde City
Mechanics
New Bedford
Acushnet
Nashawena
Nonquitt
Bristol
Potomska
Taber
Kilburn
Wamsutta
Manomet
Whitman
American Trust Company
York County Power Company
Turner, Tucker & Co., Inc
Milk Street
Standard Oil
Haverhill Electric Company
South Carolina
Pwr. & Rys. Co
Montpelier & Barre St. & Pwr. Co
Fore River Shipbuilding Corp
Bethlehem Steel Co
A. B. Leach & Co
Postoffice
New York Market
America Tobacco Company
Standard Oil Bears
Northwest
Pennsylvania
Pittsburg
Cincinnati
Chicago & St. Louis
U. S
Paler
Smelt & R
AmTel & Tel Oe
Atl
Baldwin Ze
Ealt Ohio
Beth Steel Pf
Bklyn RT
Bklyn U Gas Af
Brunswick
Cal Pet Corp “i” Oy
Cal Pet Corp Pf
Can Pacific
Chee & Onio
CGW
H Helme Co
Goodnech
Norpf
Mit
Boston Stocks
State Street
Superior Copper Co
Bay State Gas
Butte & London
Calaveras
Cal & Corbin
Eine
Arizona
Cortez Eee
Crn
Ohio
Public Utility Securities
Connecticut Power Co
Dallas
Ilsdassee
Stertees
Baste
Texas
Edison Lee Til Co
Elec Co
el Lt Combing & Rock Cap
Fall River Gas Works Eas
Gakegsten
Houston
Jackacoile Traction Co
Lowell
Elec St Corp
I River Power Co Cook
Northern
Public
Teric Investment Co
Puget xi Tr
Lt & Pr Co
Pwoeorssenee
Petes
Railway
R& Lt Securities Co
Wes Co
Perseseessee
Money Markets
Boston & Mont
Kerr Lake
New Hills
Sever
Tan
Serene Jane
Csvvese Fe Eeee
Ane Se
Cese Eee
Liverpool
San Diego
Cal
Philadelphia Market
Am Rys
Wy Phila
Camb Steel
Cn Tr of
E&p
Lk Sp
Lehigh
Lehigh Fn Pa
Penn Salt
Plymouth Rubber CO
Plymouth Rubber Company
Canton Junction
Patterson, Teele & Dennis
Certified Public Accountants
Interstate Commerce Commission
E. Smith
Devonshire Street
Y Town
Tropics
Otronto
Pope’s
Dorchester
Hingham
Hingham Yacht Club
Simpson’s
Sheffield
Edison Light
Revenue Cutter Service
Ranger
North End Park
Charlestown Navy Yard
Haddock Cod Hake
Pollock M. H. Greer
Buema
R. Silva
J Costa
Lucania Re
DeCosta
E Spurling
EE. Silveira
Edith . Oe
E. Gray
Dixie
Shipping News