Prices Decline on Light Dealings in Copper Markets
Copper producers release a statement for April showing a 5,700,000 pound surplus increase as the market faces light trading. Anaconda reports a quarterly figure while Kuhn, Loeb & Co. decline to discuss financing plans for Missouri Pacific.
MENTIONED IN THIS ARTICLE
Shannon Copper
Anaconda
Kuhn, Loeb & Co
Missouri Pacific
Market Snapshot of New York and Boston Trading
Yesterday's totals show New York sales at 209700 and Boston at 16112 shares with Missouri Pacific and Alaska leading activity in their markets. For the year to date New York has 31614700 and Boston 2335917 shares with Mackay Co. and Wolverine among notable gainers and Norwich & Worcester among notable losers. Call money ranged 1 3 4 to 2 percent in New York and 3 percent in Boston while time money in New York was 2 1 2 to 4 percent and Boston 3 1 2 to 4 1 2 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Missouri Pacific
Alaska
Mackay Co
Vulcan Detiining Pref
Wolverine
Norwich
Worcester
Wall Street Dud Market Dulls Traders Fearful Declines
New York money markets show a dull session with sharp selling as stocks fall 1 to 3 points. European prices slip, Missouri Pacific and Chesapeake & Ohio lead declines while copper prices sag and bond values ease.
MENTIONED IN THIS ARTICLE
New York, May
Wall Street
London
Canadian Pacific
Missouri Pacific
Chesapeake & Ohio
New York Stocks Open With Dull Local Market
The local market was a conspicuously dull affair with most issues trading lower. Arbitrage activity pushed long contracts down, short interest up, and selling on bulges became the favored trading diversion. Butte & Superior and Greene Cananea led declines with Greene Cananea dropping after dividend predictions proved incorrect.
MENTIONED IN THIS ARTICLE
Boston
den-Stone
Butte & Superior
Greene Cananea
Market Weakness in Copper and Rail Leaders Weigh Stocks
The market showed reactionary weakness over two weeks as copper issues Amalgamated and Anaconda and rail shares Chesapeake & Ohio and Missouri Pacific fell. Mexican turmoil fueled selling, Canadian Pacific dropped, and Mexican Petroleum slipped on rebel activity. Chesapeake & Ohio hit a low not seen since 1908, and notes refinancing plans for Bosson & Maine emerged. Mass Consolidated and Pond Creek saw moderate demand, with overall tone finishing weak.
MENTIONED IN THIS ARTICLE
Amalgamated
Anaconda
Chesapeake & Ohio and
Missouri Pacific
Canadian Pacific
London
Mexican Petroleum
Chesapeake & Ohio
Pond Creek
Massachusetts Electric
Missouri Pacific Talks Collapse with Kuhn Loeb Nosed
Boston stocks report that negotiations between Kuhn, Loeb & Co and Missouri Pacific to handle 25 million in notes and arrange new financing ended. Engineers warned the road needed heavy new funding to cut costs and cover fixed charges, as Missouri Pacific shares traded actively but barely moved. The failure spurred fears of receivership as the bank cut financing.
MENTIONED IN THIS ARTICLE
Oer Kuhn, Loeb & Co
Missouri Pacific
Kuhn, Loeb & Co
Copper Producers Report April Output Hits New High
The Copper Producers Association reports April production at a record 151,590,000 pounds, with exports far exceeding expectations at 82,345,000 pounds and total deliveries 145,772,000 pounds. Domestic deliveries reached 63,427,000 pounds as exports dominate the surplus. Copper cash price dipped to 14 cents per pound, the lowest in over two years, while earnings and production costs shifted in the Shannon Copper Company quarterly figures. The Journal notes a drop in Lake copper quotations and a rise in idle cars continuing to increase.
MENTIONED IN THIS ARTICLE
New York
United States
Copper Producers’ Association
Gener
Massachusetts corporation issue offers stock sale from F100 to 5000
A conservative Massachusetts staple goods maker offers a $25,000 remainder of cumulative participating preferred stock with a 6 percent debenture bond bonus. The issue aims to widen distribution and invites immediate applications to Stevlar via Post R101.
MENTIONED IN THIS ARTICLE
Massachusetts
Massachusetts firm offers preferred stock with bonus common share
A Massachusetts corporation issues preferred stock with a bonus one common share per preferred share. Directors may retire the preferred at year end at par with six percent interest. The common stock is described as valuable to hold. Address 4% control by The Post.
MENTIONED IN THIS ARTICLE
Massachusetts
Surplus of Cars Reaches Record High for Year
Reported May 1 shows 22S Si9, an increase of 16,000 cars in two weeks. The year’s high surplus marks peak business activity, the largest since July 1909, compared with 59,799 cars a year ago.
Money market report shows muted activity in New York trading
In New York May trading was largely inactive with limited moves in government bonds. Brief fluctuations appeared in 4s and 2s notes, while the bond market reflected modest turnover and a general level of cautious trading across Treasuries and corporate issues.
MENTIONED IN THIS ARTICLE
New York
Cilesgo & Northwestern General
United States
Dace
Ee & Co
Worth
Mort
Ponte Cove
North ‘Pacific Fe
Nyc
North ‘Pacific
Fea Industrial
Ontario
Pacific Coast
Hide
Distillers
Erie
Seman Beath
Reading
Flint & PM
Os “Armour & Co Reall
Bell T&t
So Pacific
Satzos & O
Balt & O Swn
Both Steel Ist BK Chusg
Beth Steel Rig
Kan City
Kings Co el
Eye Raw
Boston
Bhiyn
St Louis
Lake & Gul Hs
Ska
Ee Lake S
Csseseries
Uxo
S&r
Liggett & i
Cen Ysethir Cbs
Lorillard Co, A
Texas &P Ts
Cen Pacific
Sub
Treasury
Vermont
York
Hainan
Ches & O
Ean Mare Union Pac
B & Ie
Lion Pac
Mk& T
Ody
Sterling
Union Pac Mig
Ras Fees
Bae
Besse
No Arcadian Copper Company annual note details cash and receipts
The annual report shows 3047 cash on hand April 30 with unpaid assessments totaling 42,788. Receipts for the year reached 75,519 with 28,200 paid on loans and 27,761 disbursements. Total sales stood at 2,270,000 since January four years ago.
MENTIONED IN THIS ARTICLE
No Arcadian Copper Company
Chicago market report on quarterly copper and earnings
Shannon in the quarter shows net earnings of 48 075 with 101 688 prior quarter. Costs established at 12 6 876 for the quarter versus 12 37 cents in the prior three months. Output reached 2 922 889 pounds of copper compared with 0 403 83 pounds.
MENTIONED IN THIS ARTICLE
Shannon
Copper on New York Metal Exchange Unsettled
Copper markets on the New York Metal Exchange showed unsettled activity as spot trading and futures quotes fluctuated amid fluctuating demand and supply signals.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Market Snapshot of Metals and Commodities
July trading shows electrolytic metals around 13.87 to 14.27 with Lake region casting at 13.87 to 14.12. Lead trades quietly at 3.85 to 3.95 while occurrences of spot pricing 98.30 and 33.50 appear. Spelter remains steady 5.10 to 5.20 and antimony softens to 7.15 to 7.25. Tron remains steady and unchanged.
MENTIONED IN THIS ARTICLE
May
Liverpool
Ay Tan
New York
Cookson
Irregular Fresh Groundfish Prices and Dull Pier Trade
Fresh groundfish prices showed marked irregularity while trade at the fish pier was dull. Four schooners and a beam trawler were in port with light fares. Ship notices report Rhaetia sails for Hamburg and Nacoochee repairs after collision. Honey Brook ran aground in fog. Ameleo to dock for repairs. Wilson & Furness sails for London. several ships report diversions due to fog and maritime incidents along the Massachusetts coast.
MENTIONED IN THIS ARTICLE
Haddock
Eva Avina
Laura Enos
Whale
Northern Avenue
Commonwealth Piers
Boston
Rhaetia
Hamburg
Ocean Line
Nacoochee
Savannah
Georgia
Tybee
Callisto
Honey Brook
Lehigh & Wilkesbarre Coal Company
Nix
Newburyport
Ameleo
South Boston
Fore River Shipbuilding Company
Wilson & Furness
London
Lyman Wylde
Clintonia
Arichat
N. S
Halifax
L. V. Stoddard
Sewall's Point
Penobscot
Winterport
Bucksport
Bangor
Hner
Prince George
Ellis
Massachusetts
Bradstreet's Review Outlook Shows Moderate Trade Expansion
Bradstreet's notes May prospects favorable with best season crop outlook yet. West shows moderate trade growth while industrial sectors like coal, iron, steel, textiles and machinery lag with idle plants and slow collections. Bank clearings total 3 422 755 000 a 1.4 percent drop. Canada trade improves. Northwest business quiet.
MENTIONED IN THIS ARTICLE
New York
Bond Market Notes Dedham Issue Loan To Parker Co
Dedham Massachusetts awarded a temporary loan of fifty thousand dollars maturing November 3 194 to D Parker Co Other bidders included First National Bank N W Harris Co Loring Tolman Tupper Bond and Goodwin and the Worcester North Savings Institution of Fitchburg Philip Boyd Co of Boston and Dallas Texas opened new offices at 35 Congress Street and plan to expand dealing in Texas and southwestern municipals high grade Texas farm mortgages and unlisted bonds and stocks The firm comprises John W Philp W R Boyd Jr of Dallas and John H Fahey of this city Frank J Minton manages the Boston office
MENTIONED IN THIS ARTICLE
Dedham
Mass
D. Parker & Co
First National Bank
N. W. Harris & Co
Loring, Tolman & Tupper
Bond & Goodwin
Worcester North Savings Institution of
Fitchburg
Philip, Boyd & Co
Boston
Dallas
Texas
Congress Street
John W. Philp
W. R. Boyd, Jr
John H. Fahey
Frank J. Minton
Great Photo-Drama CREATION at Boston theatres and church notices
The notice lists Pastor Russell's Great Photo-Drama CREATION showing at Boston venues with multiple showings, followed by extensive church schedules across Boston. It details Advent Christian, Warren Avenue Baptist, Tremont Temple, First Baptist, Clarendon Street Baptist, and many other churches with Mother's Day sermons, special music, and pastors' names.
MENTIONED IN THIS ARTICLE
Advent Christian Church
Warren Street
C. O. Marnham
D. J
Warren Avenue Baptist Church
Corner West Canton Street
Tabernacle Baptist Church
Herbert S. Johnson
D. D
Frederick E. Heath
Seente ‘Temple
Warren Avenue
Lotus
Mme
Wilhelmina Wright Calvert
Soprato
Temple Chorus
A. J. Pairbanks
Bible School
Brotherhood and Girls
First Baptist Church
Commonwealth Avenue
Clarendon Street
Austen Kennerly de Blois
Musgie
Woodman
Gounod
Clarendon Street Baptist Church
Clarendon and
Montgomery Sts
James H. Francis
J. W. Blair
Gideon
God
Colorado
Welcom
Dudley Street Baptist Church
Charles A. Fulton
J. L. Thomas
First Free Baptist Church
Warren St
Holborn St
Roxbury
Horace H. Hayes
Our Mothers
Speela Music
Centre
Myrtle Streets
Jamaica
Walter Calley
Eleanor Bux Allen
Slame
George R. Clark
Boston Symphony Orchestra
Union Square Baptist Church
Walnut Street
Somerville
I. O’brien
Centre Street Baptist Church
Corner Centre
Mozart Streets
Jamaica Plain
W. Hidden
Big Plant
Mother Church
Palmouth
Norway
St. Paul Streets
Boston
Win Day School
Bible Truth
The
Christadelphians
Dudley Street
Seata Free
Franklin Union Building
Berkeley Street
Methodist Episcopal People's Temple
Columbus Avenue
A. H. Nazarian
Dean L. J. Birney
Boston University
Jesus
First Methodist Episcopal Church
Temple Street
State House
Charles (. P. Hiller
Epworth League
First Presbyterian Church
W. M
Tufts
Professor Ripley
Ordial
Gideon Associates
First United Presbyterian Church
West Brooklint Street
K. M. Munro
Mystic Hall
Tufts Square
Medford
Philip Mauro
Chauncy Hall
Boylston Street
C.K
C. Norris
NEW Thought Forum
Dr. Hale
Louise Perry
NEW ‘Thought Church (Inc
Muntington Chambers
Catharine Thompson
Huntinghambers
Catholic Christian Mission
Concord Si
W. H. ‘Turkington
Babylon
Morrison J. Swift
Franklin Union
Labor Day
Label Reed Witham
Lenee
Rebeecha G. Treadwell
Mass. Ave
Cambridge
Bosa
Ron
Nity Church
Jordan Hall
Huntgion Avenue
Gainsboro Street
A. Wiggin
Saple
YNN Association
Det Hall
Market Street
Charles Prevon
Oston
Cildren’s Lyceum
Seollay Square
Adele CC
Williams First Bible Iritual Church
Odd Ladies’ Hall
Dwight Hall
Tremont St
Dixon
Lucy A. Johnson
Spiritual Alliance Church
Spiritual Endeavor Society
Louise Wl
Pleasant St
Malden
Fred B. Niles
Operative Spiritual Society
Anklin Union Building
Belle Robertson Jenning
Ongh
Harvey Redding
Amtington Avenue
Elc
Leaverat Public Library
Jambridge Hall
Massachusetts Ave
Imbridge
George W. Nutter
Serces
Perry
S Harmony
Washington St
N. P. Smith
Shipping News Arrives with Steamers and Tugs in New York Harbor
Shipping reports list numerous steamers and tugs arriving and sailing for Philadelphia Newport News Newburyport and other ports. Vessels include Beatrice Cambrian Governor Cobb Prince George Newton and Laura Melanson among many others with tows by barges and schooners detailed.
MENTIONED IN THIS ARTICLE
Beatrice
Hagermann
Banes
Cuba
Halifax
Ellis
Aloucester
McDorman
Baltimore
Newport
Norfolk
Tuscan
Howes
Philadelphia
M. Whitney
Colberth
New York
Garfield
Savanah
Bay View
Beranger
Bangor
Badger
Newport News
Reliance
Merriam
Ipswich
Eureka
Benner
Miryport
Harwood Palmer
Hinkley
Gilbert Stancliffe
Willia Keene
Tatheway
Cutler
Laura
Marion
Mt. Desert
Meo
Laura Melanson Br
Church Point
A. Molliver
Colomy
Clarks Harbor
Nstugs International
McGoldrick
Cacoosing
Draper and Saucon
Jettysburg
Minford
Kohinner
Trast
Paxinos
Plummer
Cienfueges
Honey Brook
Tingle
Port Johnson
Newburyport
and & Albert J
Thomaston
Portland
Phiiladelphia
Edwins
Pallsbury
Swimm
Charles F. Pritchard
Lynn
Cambrian
London
Zuiderdyk
Rotterdam
Philadelphi
Sousa
Nori
Port Antonio
Jamaica
Juniata
Gov
Lernor Cobb
Koastport
Snd St John
No Bay View
Prince George
Yarmouth
N. S
Newton
Hampton Roads
Therhe
Conestoga
Biddefords
Rutherford and Leesport
Albert Stone
Edgewater
Haythorne
Scranton
Undercliffe
L. & Wlc
Dun & Co Weekly Review Signals Mixed Trade Outlook
There is improved sentiment in commercial and industrial channels though progress remains slow. Iron and steel lag with pig iron output down in April and steel capacity use around 65 to 69 percent. Cotton goods markets stay conservative with mills holding stocks and some curtailment. Leather shows demand for low priced stock, footwear shows some improvement but not fully satisfactory. Business failures total 3 in the week, 274 year earlier. Canada 48, up from 29.
MENTIONED IN THIS ARTICLE
Canada
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Church OF the Advent
Mt. Vernon
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East Cottage Street
Dudley
George B. Jenner
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Newbury _st
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Urch
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