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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 30, 1912

Page

16

Markets hold near top as bears bide time after sharp rally

New York sales total 618 700 shares with Reading 117 500 most active. Boston shows Lake Copper 8858 and aes & Hecla weak. Jan 1 to date New York 31 790 500 shares, Boston 3 362 972. Market tones firm with bears cautious and bulls surprised by strength. Steel sector remains a focus as bond issue prompts debate on dividends and plant expansion.

New York Boston Reading Lake Copper Canadian Pacific Iowa Central Superior Aes & Hecla Bears Steel Corporation

Copper shares rise as market shows strong buying interest

The local market reported brisk copper stock activity with 93,650 shares traded and prices climbing 0.38 to 49.38, the year’s high. Gay & Sturgis projects a copper lode at 35 degrees dip, 2550 feet length, 35 feet width, 22,655,000 tons, yielding about 299 million pounds of copper and a value per share near 47.46 after costs and dividends.

Gay & Sturgis Lake Shannon East Butte Super

Daily Market Letter Reports Profit Taking in West End

West End shares dip around 2 50 while heavy buying follows omen of ore finds at Halifax shaft. New ore extension signals higher prices as Tonopah Belmont system appears extended. Copper advances to 155 cents spurring buying in Giroux Ohio Copper. Goldfield stocks rise with Atlanta Jumbo Extension Silver Pick Diamondfield Black Butte in demand. News from the Silver Pick 120 level sparks brisk market activity. Preparations include color maps of Tonopah Goldfield Lake Districts with limited printings. apply promptly.

West End Halifax Belmont Giroux Ohio Atlanta Silver Pick Diamondfield Black Butte Tonopah Goldfield Lake Districts

Boston curb market shows surge in mining shares activity

The Boston curb market saw broad participation in mining stock trading led by Boston Ely, Chief Consolidated, Majestic and Butte Central. Rumors of a Boston Ely merger spurred inquiries. prices climbed with Butte Central hitting a new high while Majestic dipped before recovering.

Boston Ely Chief Consolidated Majestic Butte Central Ely Properties Western New York

Butte mine opens fine ore at 900-foot level

A Butte dispatch reports ore found on the 900-foot level with a body 312 feet wide and assays of 40 percent zinc and 134 ounces of silver per ton. Other items note personnel changes at banks and mining firms and a financial assessment of Anaconda.

Butte & Superior

Leather trade and hide markets steady under price shifts

Trade in leather improves with higher prices for upper and sole leather. Dry hide markets hold or edge up in Latin America while domestic packer hides stay firm with limited supply. Delinquent week shows 292 US failures vs 244 last year and 34 in Canada vs 18 a year ago.

India Red Sea United States Canada

Bond market notes Quincy seeks bids for sewer bonds

Quincy Massachusetts invites bids for 40000 dollars of 4 percent sewer bonds dated March 1 1912. Maturities run 2000 dollars annually 1913 22 inclusive and 1000 dollars annually 1923 42 inclusive. Bids due by noon April 2.

Quincy Mass

Bradstreet's Review: Mixed Trade Signals and Freight Market Moves

Bradstreet's report notes two trade camps with wholesale strength and improved stock markets contrasting a weak labor outlook and slow Easter retail activity.Copper prices rise above 15 cents amid heavy orders, while country roads and rains curb country retail. Bank clearings up 23.2 percent from 1911, with a downturn in the week’s coal trade and broader exports of Wheat and Corn. Canada shows strong spring turnover and immigration, with real estate activity and building booming.

New York Bradstreet United States Canada Telegraph Bradstreet's

Forward movement in business boosts western and southern outlooks

R G Dun & Co Weekly Review of Trade reports continued forward movement with strong western and southern reports. Enhanced demand and conservatism coexist as crop conditions improve. Prices for prints and textiles rise while Canton flannels and blankets see gains. Over 490000 print cloth pieces sold at Fall River, most for spot shipment. China markets also noted in trade wrap.

New York R. G. Dun & Co Fall River China

Barron Heads Wall St Journal and Dow Jones Co

Clarence W. Barron elected president of Dow, Jones & Co and the Wall Street Journal both of New York City succeeding Charles Otis who resigns to run Forest and Stream Publishing. Hugh Bancroft named secretary and Joseph Cashman treasurer and business manager. Maurice L. Farrest chosen managing news editor. E Medley Scovil becomes president of Doremus & Co advertising unit.

Clarence W. Barron Boston Dow, Jones & Co Wall Street Journal New York City Charles Otis Forest and Stream Publishing Company Hugh Bancroft Joseph Cashman Maurice L. Farrest E. Medley Scovil New York Times New York Boston News Bureau Doremus & Co Ernst Mayglothling

New York Physician Buys Newport Estate Keeps Colony Growth

Dr. Roderick Terry and Mrs. Terry of New York purchase Linden Gate from the Marquand estate in Newport Rhode Island and acquire acres opposite the property on Gibbs avenue to enlarge the estate. They will reside year round. Mr and Mrs William Sargent Kendall buy The Marin estate on Kay street and join the permanent colony.

Newport Roderick Terry Terry New York Linden Gate Marquand William Sargent Kendall Marin Kay Street

Amory Lawrence Resting After Overwork Health scare false

A rumor that Amory Lawrence suffered paralysis at his Commonwealth avenue home proved false. The prominent cotton and dry goods merchant has been urged to rest due to overwork and plans to return to his 89 Franklin street office after medical treatment.

Amory Lawrence United States Commonwealth Avenue Lawrence Franklin Street

Fishing fleet reports and arrivals at local wharf

Seventeen vessels docked with fish yesterday as crews chased rumors about a rumored explosion. The Stranger found mid sized herring off Highlands while other ports sent haddock cod pollock and miscellaneous fish. Prices for haddock cod pollock hake and cask were listed, and ships including Limon Vienna Nordkap and Dora Allison arrived with cargoes and incidents noted. Captain Enos Nickerson sought the rumor source amid family anxiety.

Enos Nickerson Grueby Highlands

Devonian Sail Date Threatened by Clyde Street Freight Blockage

Clyde street pier in East Boston caps large freight accumulations hindering loading of the Leyland line steamer Devonian, slated to sail tomorrow for Liverpool. A local inspector warns Nantucket Sound Great Round Shoal light vessel 96 will be temporarily replaced by relief light vessel 66 around April 1, with lights and sound signals matching vessel 96.

Clyde Street Boston Leyland Line Devonian Liverpool Nantucket Sound Great Round Shoal

Shipping News Mini Almanac Highlights Arrivals and Departures

Arrival list includes Nordkap Brinck Progresso Vienna Croswaite Rosario Buenos Ayres Grecian Briggs Philadelphia Camden Brown Winterport Governor Dingley Strout Portland City of Gloucester Godfrey Gloucester Calvin Austin Mitchell St. John N B via Eastport and Portland Wher shaw Johnson Baltimore Newport News Norfolk J H Devereaux Scene St. George I H M Whitney Crowell New York tugs Underwriter Brown Newport News towing barges Lynn Patience Chandler Philadelphia towing barges Henry Endicott Pax tang and Franklin Pacony Wallace South Amboy via Providence Newburyport Lehigh Clark Newburyport Confidence Brennan Lynn arrived Thursday schooners Edward Sylveleth Barnes Newburyport Carrie A Bucknam Perkins Scituate Marguerite Geyer Ipswich Reporter Larkin Essex Emma KF Chase Peabody Jonesport via Gloucester steam lighter Reliance Newburyport SAILED. Steamers Limon Port Limon Now Macors Boston Yarmouth Nantucket Newport News Baltlesmore HIF Dimock New York Penobscot Sewalla Point tugs Charles W Parker Jr Newport News towing barges Bessie and Edith Confidence Lynn towing barge Nesque honing Sadie Ross Scituate to return with schooner Carrie A Bucknam Ready to leave Tugs Swatara Philadelphia towing barges Knickerbocker St Nicholas Enterprise Lehigh towing barges Berkshire for Perth Amboy calls at Gloucester for barges Black Diamond for Providence and Boston for New York Carlisle Philadelphia towing barges Barry Brookside and Thomas ton schooner Fannie Tracy New York Note Schooner Dorothy B Barrett sailed Thursday for Newport News returned reported sailing of schooner William Jones for New York was premature, she anchored on the South Boston flats.

Nordkap Dan Brinck Progresso Vienna Croswaite Rosario Buenos Bucknam Perkins Scituate Marguerite Geyer Ipswich Reporter Larkin Essex Emma KF Chase Peabody Jonesport Gloucester Reliance Newburyport Limon Port Limon Macors Boston Yarmouth N. S Nantucket Newport News Baltlesmore H. IF Dimock New York Penobscot Sewalla Point Charles W. Parker, Jr Bessie Edith Confidence Lynn Sadie Ross Carrie A. Bucknam Swatara Philadelphi Knickerbocker St. Nicholas Lehigh Berkshire Perth Amboy Black Diamond Providence Carlisle Philadelphia Barry Brookside Thomaston Fannie Tracy Dorothy B. Barrett William Jones

Also Mentioned on This Page

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