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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 10, 1913

Page

14

Prices Irregular in New York and Boston Stock Totals

Total sales in New York 183 800 shares and Boston 14 271. Reading led NY with 38 200 and Amalgamated led Boston with 1 070. Year to date NY 32 879 600 shares and Boston 2 285 521, vs last year NY 54 181 000 and Boston 5 245 824. Am. Tobacco and Rumely Co. Prof. show gains and losses, Wolverine and Osceola notable in Boston. Call money NY 2 3 4 to 3 pct, Boston 3 to 3 1 2 pct. Time money NY 4 to 5 1 2 pct, Boston 4 to 5 1 2 pct.

New York Boston Reading Amalgamated Am. Tobacco Rumely Co. Prof Wolverine Osceola West T & T Alaska Allouez Ag Chem Ag Ch Pf Peer Esese Sugar Tel & Tel Arizona Bos Bos & Albany Bos & Corbin Bos & Lowell Bos & Maine Butte Ballak Butte & Sup Cal & Arizona Cal & Hecla East Boston East Butte Seerne Edison Elec Franklin Ih Giroux Granby Greene Hancock Indiana Island Creek Isle Royale Nevada Nipissing North Butte Ojibway Old Colony Seeee Old Colony RR Oldeal Penn R Arts Pond Crk Coal Pond Crk Rte Wear Pullman Co Peene Inc A St Mary’s Shannon Superior Swift & Co Peewee Tamarack Een Neee Trinity Seer Eens Union-Pac United Fruit Uni U S

Wall Street Stagnates After Early Trading Dip

New York market shows little movement amid thin volume of 5,000 shares in hours of trading. Bears gain on tariff and Japanese policy tensions while standard investment shares slip to new yearly lows. Bond market uneven. weekly cash gain forecast near 38 million.

New York Harriman California New York Central Pennsylvania Delaware & Hudson American Telephone Rumely United States

Grain Markets Report May 9 on Wheat Corn and Oats

The Government report was well discounted as wheat rose on short covering of May. May gains were about two cents with two trades and one cent higher close. distant months gained 4 to 6 percent. Corn stayed firm with outside buying and final gains of about 3 percent. oats rose with May and September closing 14 to 34 and July about 4 percent higher.

Real World Brokers Urged to Contact Texas Exchange

A call goes to stock and bond brokers worldwide to reach Commonwealth National Bank Building in Dallas, Texas, regarding Texas Stock Exchange matters.

Texas Stock Exchange Commonwealth National Pank Bldg Dallas Texas

Local Market Prices Irregular Amid Copper Buying Reports

Boston May 9 The market showed a decidedly irregular course with copper buying reports and bullish sentiment for copper securities. Amalgamated traded in four figures with no change. other stocks moved fractions. Lake issues saw steady demand from Wolverine interests, while Steel common Boston Elevated and Pennsylvania rights saw moderate activity. Alaska Gold debuted with limited trading around 11 12. The close reflected a highly irregular tone.

Boston Amalgamated Mayflower Old Colony Wolverine Company Wolverine Steel Common Boston Elevated Pennsylvania Elevated Alaska

Boston curb market features Raven Mining price drop

Yesterday's dull curb market saw Raven Mining fall from 16c to 8c and close at 100. Rumors of a coming assessment circulated. First National and United Verde Extension were the only other interesting issues. Detailed fluctuations followed.

Raven Mining First National United Verde Extension

Gold Exports to Paris Surge as Market Eyes Policy Shifts

The money market records another strong gold shipment to Paris totaling $2,000,000, lifting the grand movement to $6,000,000. Traders expect continued Paris purchases unless the gold outflow slows, while speculation on a Bank of England rate cut grows. Call money in New York traded around 2 3 4 percent, with varied time loan rates and solid bank balances across Boston and New York.

Paris Bank of France Bank of England New York CBW Cs. v Seeeseee Rv Eances Boston Clearings Boston Cisseasinnecsawer

Local cotton market shows held steady then slips after weather map

The market opened steady with 6 000 bales spot gales and Liverpool cables dull. Early activity rose about 9 points before private advices of precipitation in Alabama Georgia and South Carolina caused a gradual decline. By noon the market was dull and easier as new crop months felt pressure.

Liverpool Alabama Georgia South Carolina

Chino Copper Reports First Quarter 1913 Earnings

Chino Copper Company posts 807,823 in earnings for Q1 1913, up from 682,918 in the prior year’s final quarter. Milling profits reach 778,804 with 29,019 miscellaneous. crude ore profits show zero for the quarter.

Chino Copper Company

State Street Topics Bond Issue Details

The Boston and Corbin Copper and Silver Mining Company plans to issue 150,000 dollars of 6 percent convertible bonds at a 100 price to the public and convertible into stock at ten dollars a share. Underwriters take ten percent, net price to the company is 90. Bonds mature in 1923, aimed at retiring floating debt and providing working capital.

Boston & Corbin Copper & Silver Mining Company

Freight rate rise would lift Boston and Maine earnings

Estimating a 5 percent freight-rate increase, Boston and Maine would see nine months to March 31 freight earnings of 21.6 million and after tax income of 6.254 million. A 5 percent rate rise adds 1.08 million to operating income, yielding 7.334 million, with 927 thousand for dividends and 781 thousand for common stock equivalent to 1.95 percent.

Boston & Maine

Mining firm seeks control of Stewart mine in Idaho

It was reported to the Post yesterday that the Federal Mining and Smelting Company, linked to the American Smelting and Refining Company, was negotiating with F. A. Heinze and associates to gain control of the Stewart mine in the Couer d'Alene district of Idaho.

Federal Mining & Smelting Company American Smelting & Refining Company F. A. Heinze and Associates Stewart Couer d’Alene Idaho

American Beet Sugar Company Faces Tariff With Cash Shrinkage

For the year ended March 31, 1913 the company shows a 3.86 percent surplus for common stock versus 13.50 percent in 1912. Depreciation charges distort earnings. increased working capital stems from inventory write ups, while cash drops and higher payables reflect a strained balance amid tariff concerns.

American Beet Sugar Company American Sugar Company

Twelfth anniversary of Northern Pacific corner noted

Report recalls the Northern Pacific corner when shares hit up to 1000 a share. It contrastsYesterday’s session with May 9 191? when the exchange had 3,200,000 shares traded. Yesterday Amalgamated moved within less than a point while Steel common traded between 59 38 4 and 60 12, compared with the big corner day.

Northern Pacific The Stock Exchange Amalgamated

Metal markets show firmer copper rise and tin ease

Metal markets report firmer trends with copper up about half a cent, tin easing. May selling 30 tons at 50.00 and 5 tons at 50.05. Market note notes price moves and small lot activity.

Holden Ill in Cleveland and corporate leadership noted

A. F. Holden, president of Island Creek Coal and director at United States Smelting and American Zinc, is critically ill at his Cleveland home. Alaska Gold Company shares are admitted for quotation in the Boston Stock Exchange unlisted department. Henry E. Hammond of F. A. Schirmer & Co. departs for a week fishing trip at Lake Winnipesaukee.

A. F. Holden The Island Creek Coal Company United States Smelting, Refining Mining Co American Zinc, Lead & Smelting Co Cleveland Alaska Gold Company Boston Stock Exchange Henry E. Hammond F. A. Schirmer & Co Lake Winnipesaukee

Bonds for Attleboro bid window set for May 10

Attleboro Massachusetts will receive bids until 9 am May 10 for a temporary loan of 40000 dollars due in six months.

Attleboro Mass

Hayden, Stone & Co Offer Robert Gair Preferred Stock

Hayden Stone & Co offer 1 000 000 of Robert Gair Co preferred stock at par to yield 7 percent as part of a 2 000 000 issue. The Gair Co, long known as a leading paper packager, shows 7 000 000 in assets and over 5 000 000 in net tangible assets, with 253 per share in net tangible assets backing the preferred. Net profits rose from 1911 to 1913, with 21 percent return on the preferred and no funded debt, aided by a 5 percent sinking fund and a 75 percent consent rule on mortgages.

Hayden, Stone & Co Robert Gair Company Gair Company Price, Waterhouse & Co

Bradstreet's Review summarizes trade and finance signals

Bradstreet's New York report notes barriers to progress yet still heavy weekly needs and steady to improved textile prices in the East. Fall River mills downsizing underpin optimism. shoes and men’s wear show strength, copper stays firm on stock declines. bank clearings rise. weekly business failures total 2438, with exports and monetary constraints shaping activity.

New York Bradstreet Fall River United States Canada Galveston

Calendar for Today shows preferreds and bonds payable dates

The list displays American Utilities and Atlantic Coast Line preferred stocks with dates and yields. It notes payables for Amparo Mag and others, various pfd and com stock values, and dates like (5-19) (6-22) (5-20) (6-2). Books close around Parrot Silver & Copper Mag. for meeting. some issues have no close date.

American Utilities Amparo Mag Atlantic Coast Line Georgia Southern & Florida Lehigh Valley Transit Missouri, Kansas & Texas Ohio Fuel Ol U. S. Metal Products Co Cattawissa R. R., Ptd Cleveland & Pittsburg Gtd Georgia Ry Elec Com Inland Steel Int. Harvester of N. J Pfd

Dividends Declared by Several Companies

National Biscuit Company declares 13 4 percent on preferred stock payable May 31 to holders of record May 1. Ashton Valve Company sets 11 2 percent quarterly payable May 16 to record holders May 1. Federal Light and Traction Company announces 11 2 percent on preferred stock payable May 31 with books closing May 15 and reopening June 1. Rochester Railway and Light Company pays 11 4 percent on preferred stock May 21 to registered holders May 2 with books open.

National Biscuit Company Ashton Valve Company Federal Light and Traction Company Rochester Railway and Light Company

Chicago Market Summary of Bonds Shares and Freight Prices

Market figures show bid and ask spreads for ships, freight, bonds, and rails in Chicago. Notable items include Am Ship, Swift & Co, Armour, Chi Ry issues, and Nat Carb with varied percent ranges across listed prices.

Swift & Co Cal & Dock West Stone Chi el Fy Chi Subway Gotl & Tst Armour Ichi Dia Che Tel Dia Mdeb Morria Ogden G

Trade review notes rising confidence and building activity

R G Dun and Company reports that despite curbed orders due to tariff changes, April building activity rose across 568 cities by 1 percent from 1912, with gains in Chicago and the West. Iron and steel relief improves deliveries while dry goods demand rises as warmer weather boosts trade.

New York R. G. Dun & Co House of Representatives New York City Chicago Pacific Fall River United States Canada

Philadelphia Market Bid and Asked Ledger Snapshot

A compact listing of bid and ask figures for Philadelphia market items and securities including Am Rys, Phila Co, Camb Steel, Globila Co, ConTrol NJ, TR4I, El Str Bat, Gen Asph, Tonopah, Lehigh Nay, Un Gas Imp, Lehigh Vy, WkIr& Stl, Pa Steel, WelshcolSs, and Penn Salt with varied prices and percentages reflecting a market page excerpt.

Rys Phila Co Camb Steel Tonopah Tie Okg Asph Ton Bel Lehigh

Fresh fish prices dip as schooners discharge fares

Seven schooners discharged groundfish cargoes while dealers quote haddock at 31-4 cents per pound and cod at 33-4, market cod 23-4, pollock 21-2, hake 21- cents, small hake 13-4, and cask 21-4. Vessels include J J Fallon and Richard Nunan with mixed pounds and cargoes. Devonian sails from Liverpool with 6 cabin passengers and 1200 tons general cargo. The Cymric nears coast with 500+ cabin passengers and plans to stop in Portland next week.

Haddock Cod Hake Pollock J. J. Fallon Richard Nunan Eva Avina Juno Ruth Allon E. C. Hussey Dixie Devonian Trant Liverpool Boston Cymric Portland Byglands Spink Genoa Baltimore Munson Line

Shipping News Miniature Almanac Highlighting Arrivals and Sails

Coastwise listings note sun rise and set times, daylight length, high water readings, and a long roster of arriving steamers and tugs with destinations from Halifax to Baltimore, and ports including Portland, New York, Gloucester, and Newport News. Several vessels sail for Cuba, Rotterdam, or the Caribbean, with barges and lighter arrivals noted.

Bylands Spink Genoa Halifax Hawes Charlottetown F. Ll. Hawkesbury C. B Nacoochee Savannah H. M. Whitney Colberth New York Belfast Savwver Bangor City of Kohinoor Cumberland Svendsen Baltimore Watuppa Hammond Elizabethport Lansford Newburrpoort Mauch Chunk Panther Creek John G. Chandler Mott Philadelphia Ruth Storm Petrel Flye Ellsworth Bradford C. French Garland San Juan P. R W. H. Waters Gale Shulee N. S Lizzie Lee Kelly Sullivan Northern Light Robbins Ella F. Crowell Thomas Rockport Inkum Hamburg Vizcanna Havana Oregon Nor Banes Cuba Boston Yarmouth Nantucket Newport News Eollier Mars Hampton Roads Middlesex Norfolk Amsterdyk Rotterdam Katfas Macoris San Domingo Claverly

Chance Signs Reynolds With New York Team

The New York American League club announced that manager Chance signed catcher William Reynolds from the Houston baseball club, Texas League champions in 1912, to join the roster this season.

New York Chance William Reynolds Houston Baseball

Also Mentioned on This Page

Kidder, Peabody & CO Devonshire Street Wall Street Travellers International Cheques Baring Brothers & Co., Ltd London New York Market Bs&f Smelt &R Cal Pet Corp of Can Pacific Ches Ohio Erie Lehigh Valley Liggett & Mey Lorillard Co Louis Nat H&s Nynh&h Ray Co Rock Island Rumely Co Sl&s F Sears-Roebuck South Ry Studebaker Union Pacific United Cigar Rd & Rf Utah C& C Maryland Wests Woolworth Boston Stocks Eee Aian Ad Cad Minneapolis Pat Fc Ea Forees Aren Kannes Civics Gccscecicc Se APIO Stock & Bond UB Steel West End Bay State Gas Butte Central Calaveras Wee Mee South Lake Setae Fideence Goldfield Greene Cananea Kerr Lake McKinley Nevada Hills Standard Oil NJ UN Cig Ates Ees Es Ereehor SAR Ete Tee Ewer Money Markets JulyAug Declan Prev Closell Lowigh Close Chino Copper State Street Boston & Corbin la Salle Calumet & Hecla Lake Liden No. 1 No. 2 Govnis Coe & St Pert Nyw&bos Cmil& St Pegal Norf & Weert NY Canal Pacific Coast Nyc Ie C Z I&p Aferate T&t Pia CC C & St Wosu Asice Oyes Col & So Roepe Beegies Nees & Corea del & Hudert Estate du Pont de RCA? Ie Errynsis Sher S & So At&sf Art Os Bern ‘ & Galt L & SF L& SF L &Ss Deaien Erie L& N Bell So Pacific Fay Ntbo RT Eth Steel So Pacific Ae M Mar Ol A S& Ats Bklya U Gas Cal Gas & Elec NBL Canada South Cen Pacific Ist Iar & O Ee & O Sr Sas Cc B & Q Ane Biresteras Central Traifscenes Nyc&stl Ist West Union Nynh&hevt Westghse Mfg West Shore Leo Ey Ome Lito Ae Tol Peoria & W L & N-At. Knox K & T Ist Vas & Realty U Underground E Eins of Lon Inc BOR S.ins Union Pac Cos. Ee Rene Ey Mo Pac U S Steel Sf Victor Fuel Va Car Chem Morgan Moe Arnt Fis Obes Gis & S Virginian Ry Sa Ts Eg Tr Co Paul General Guggenheims Stewart Mining Northern Pacific Corner Metal Markets Ceca Ks Robert Gair Co Brooklyn Trust Company Robert Gair Brooklyn, Y Waterhouse 6O Milk Street Broad Street Bradstreet’s Ohio Fuel Oil Co Parrot Silver & Copper Mag Mtg Chicago Market Dun Winifredian Sankaty New Bedford Boston Molasses Company Consignee Bobs Digby Clementsport N S Montoso Porto Rico American Sugar Refining Company South Boston Philadelphia Market Mihi Shipping News Reynolds U. S. Pierce Co
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