Large Increase in Total Sales Across Markets
The report shows New York total sales of 54 704 400 shares and Boston 5 290 565 shares from Jan 1, 1912 to date, with New York and Boston each posting higher figures than the corresponding period last year. Notable shifts include American Tobacco rising in New York and Calumet & Hecla falling in Boston, alongside movement in call and time money rates.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Am, Lead, Zinc & Smelt
American Tobacco
Toledo By
Boston Clearings
Boston Sub-Treasury
Sub-Treasury
Wall Street Apathy Mixed With Tobacco Stock Strength
On May 10 stock trading showed little overall movement with dull afternoon action. Tobacco issues led gains while United States Steel and a few others contributed to early volume. readings were subdued as investors ignored political headlines and bond demand stayed steady.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
United States Steel
Reading
Amalgamated Copper
Union Pacific
Lehigh Valley
Allis- Chalmers
Railway Steel Springs
Bethlehem Steel
United States Steel Corporation
Steel Corporation
Philadelphia
Wall Street
Commerce Court
London
New York Metal Exchange dealers report light activity
Trading was light at the New York Metal Exchange with prices easing. Copper electrolytic and castings quoted softer, tin and lead showed varied small moves, zinc and antimony steady to quiet, with spot and July futures listed for several metals.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Ceepecvenseress Inn
New York
East St. Louis
St. Louis
Sonora Railway Company Notice to Bondholders
The Sonora Railway Company appoints Robert Lovett and Maxwells Hvart as successor trustees under the mortgage and deed of trust and the supplemental indenture. Bondholders meet June 8 1912 at noon at 12 Milk Street Boston to signify approval or disapproval of the trustees. Secretary Alex Millar signs.
MENTIONED IN THIS ARTICLE
Sonora Railway Company, Limited
Company
Robert 8&8. Lovett
Locust Valley
New York
Maxwelis
Fvarts
Windsor
Vermont
Milk Street
Boston
Massachusetts
Witthin
Aid
Alex Millar
Boston Stock Exchange Highlights May Market Strength
Prices in yesterday’s session ruled strong with heavy transactions and broad stock buying. Lake Copper rose to 41 1 2 on Hancock shaft, Butte and Superior expected to rise on Black Rock mine reports, Mayflower and Old Colony aided by news, and South Lake awaits a 2 per share assessment for 60 000 shares.
MENTIONED IN THIS ARTICLE
Boston
Lake Copper
Hancock
Butte
Superior
Black Rock
Old Colony
Mayflower
South Lake
Messrs. Dow and Edwards
Old Dominion
Calumet & Arizona
Market activity follows steel unfilled tonnage surge
The market turned strong in the afternoon as steel corporations report a 260000 ton rise in unfilled orders to 6664000 tons the highest since 1909. Steel earnings are forecast to exceed 25 million dollars while Beet Sugar and Can shares attract speculative interest amid discussable price shocks and new engraving requirements may bar New York bond listings.
MENTIONED IN THIS ARTICLE
Steel Corporation
Congress
Third Avenue Co seeks merger and stock acquisitions approval
The Third Avenue Railway Co of New York seeks permission to merge Union Railway with New York City Interboro Geo by purchasing 4 122 500 City Interboro stock of a 5 000 000 issue. It also seeks authority to acquire multiple subsidiary stocks including East Broadway Battery, Forty second Street Manhat tanville & St Nicholas Avenue, New York Westchester & Connecticut Traction, and Third Avenue Bridge. Financing would involve issuing at least 80 percent of its 15 790 000 first refund
MENTIONED IN THIS ARTICLE
Third Avenue Railway Co
New York
Union Railway
New York City
Interboro Geo
Interboro-Rapid Transit
City Interboro
Third Avenue Co
East Broadway & Battery Railroad Co
Forty-second Street
Manhattanville & St. Nicholas Avenue Railway Co
New York, Westchester & Connecticut Traction Co
Third Avenue Bridge Co
Third Avenue
Third Avenues
Public Service Commission
M & Ee
T&t
Ate&s F
East Ohio
Ewes
Beth Steel Eres
Ceesece
Eees
Om&s P
Erie
Torillard C
Louis Nash Ce
May Dent
Mex P Co del
Miami
Nevada
Nor & West
Nor Am
Nor Pac
Pitts Coal
Pub Ser of NJ
Osree
Seaboard
Texas
R&l
Utah
IO & Cc
West Union
Bond market notes on New York City bonds
The text references 60-year bonds at 4 percent and suggests a rarer need for funds to purchase New York City borough stock. It appears to discuss financing and investment options related to municipal securities and city equity.
MENTIONED IN THIS ARTICLE
Bays
New York City
South Lake Mining Company assesses stock and new directors named
The South Lake Mining Company levies a $2 per share assessment for stock record date June 1 with payment due June 3. Stephen R. Dow and R. M. Howards named directors. Mr. Edwards to manage property and shaft work to resume. Hancock region reports rich copper finds. Pewabic formation discussed. New York curb committee reviews listings for Hallgarten & Co and Burr & Co. Stock of 8. H. Krasge & Co. considered. NYSE seats reassigned to Sturgis, Meyer, Stringer. Sturgis linked to Gay & Sturgis.
MENTIONED IN THIS ARTICLE
South Lake Mining Company
Stephen R. Dow
R. M. Howards
South Lake Company
Mr. Edwards
Losting
New York
Hallgarten & Co
George H. Burr & Co
8. H. Krasge & Co
James Weeks
George Y. Scott
Edward H. Jewell
New York Stock Exchange
Irving J. Sturgis
Charles W. Meyer
G. F. Stringer
Mr. Sturgis
Stock Exchange
Gay & Sturgis
Boston Stocks Report of Shares and Bonds
Listed stocks total 21 332 shares while unlisted stocks amount to 23 409 shares. Bonds listed at 40 000 dollars and rights at 1618 with fractions totaling 300.
Boston curb market gains mix as prices firm on major issues
Yesterday's curb market showed moderate activity with the stocks Majestic First National Butte Central United Verde Extension and Mexican Metals among the leaders. Prices were firm overall with Butte Central at 7 First National 3 and Majestic 68 cents while Verde Extension fell to 386 cents from 42. Detailed fluctuations follow herewith.
MENTIONED IN THIS ARTICLE
Majestic
First National
Butte Central
United Verde Extension
Verde Extension
Nevada
Bohemia
Boston Ely
Lion Hill
Douglas
Utah
Raven Eoerernee
R I Coaleweeteere
South Lake
United Verde
Yukon
Dividends Declared by Major Companies This Season
American Express declares quarterly 8 percent with July 1 to stock of record May 1. Hasex semi annual 3 and 2 extra with June 1 to stock of record May 9. Crescent Pipe Line 1.80 with June 16 to stock of record May 2. National Biscuit quarterly 18.4 percent preferred with May 1 and July 15 to stock of record May 17 and June 28. Stern Brothers quarterly 18.4 percent preferred with June 1. Books close May w reopen June &.
MENTIONED IN THIS ARTICLE
American Express Company
Hasex Company
Crescent Pipe Line Company
National Biscuit Company
Stern Brothera Company
Cotton Markets Shift After Weather News
The market opened 3 to 8 points higher on favorable weather rumors but soon eased about 10 points as selling met demand. New Orleans showed more tendency to ease, while locals held steady near yesterday's close. Traders expect a rise may be justified but remain cautious awaiting further developments.
MENTIONED IN THIS ARTICLE
New Orleans
Calendar for Today Notes on Book Closings and Dividends
Books close for Parrot Silver and Copper for meeting. Books open advertisement coast line printed for dividend. Cement Ltd preferred for dividend Lehigh Valley Transportation preferred for dividend Norfolk Southern for special meeting.
MENTIONED IN THIS ARTICLE
Ad. Coast Line Ptd
Can, Cement, Ltd
Lehigh Valley Trans
Norfolk
Outhern
Bradstreet's Review of Trade Shows Mixed Outlook
Bradstreet's state of trade notes irregular conditions with overall activity down due to poor weather. Some regions like the Southwest and Central West remain satisfactory while the North East and South face setbacks. Industrial activity rises and wage earnings improve, yet high food costs limit gains. coal strikes persist in anthracite fields. rail and steel demand remains firm.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Canada
Telegraph
Bradstreet’s
Montreal
Trade movement grows though weather delays developments
R G Dun & Co weekly review indicates trade moved on a larger scale than last year with favorable current statistics. Bank clearings rise 11.5 percent outside New York and 18.8 percent in New York. April railroad earnings up 7.6 percent. Weather slows retail dry goods and some mills face higher costs, leather prices rise, yet overall market strength remains with strong woolen and worsted activity and improving footwear demand. Failures total 263 in the United States, 36 in Canada.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
Review of Trade
Fall River
United States
Canada
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Devonshire Street
Travellers International Cheques
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