Markets Show Strength in Spoil Points
Market activity shows strength in New York and Boston with large share totals and notable gains. Evansville Terre Haute leads New York stocks while Am Steel Foundry suffers a loss in New York. Boston Calder firm Boston Worcester Prof sees gains. Calumet & Hecla falls in Boston. Time money rises in both cities.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Superior
Evansville & Terre Haute
Am. Steel Foundry
Boston& Worcester
Calumet & Hecla
Il Money
Market shifts and corporate updates from a tense trading day
Market yesterday showed a slight recovery after recent declines with mixed sector signals. Bonds attracted new investment amid easing money supply while steel and mining equities faced bearish pressure. notable activity in copper ore finds at Globe, Porcupine mining offerings oversubscribed, and key corporate moves including officers at Exchange Trust, American Telephone and Belmont, plus Quincy Mining set annual meeting dates.
Local Market Sags Amid Uneven Copper Trading
Yesterday's market showed little energy with few gainers among copper shares. Superior opened on news of a 10 foot ore body averaging 6 percent copper before settling, Lake Copper rose briefly, while Calumet & Hecla weakened, and Maine and others saw mixed moves. Weathered by declines in most copper issues, electricals remained firm in late trading.
MENTIONED IN THIS ARTICLE
Superior
Boston
Globe
Nir
Lake Copper
Calumet & Particular
Calumet & Hecla
Maine
Telephone
Massaeus Electric
Boston Market May 11 Stock and Bond Prices
The Boston Market report lists stock and bond prices, total sales, and comparisons with the previous close for today. It details market movements, price changes, and notable gains or losses across issuers and sectors in a concise financial briefing.
MENTIONED IN THIS ARTICLE
Boston
Unlisted Industrials and City Bond Offerings Across East Coast
Chandler Brothers & Co of Boston and N W Halsey & Co of New York offer 2 600 000 Virginia Railway & Power Co first and refunding 5 per cent gold bonds. Richmond and Petersburg Virginia property backs the issue. New Bedford awards 40 000 four per cent bonds plus sewer bonds and several municipal issues dated May 1 1911. Worcester awards 150 000 temporary loan to Kissel Kinnicutt & Co. Albany stars sailors memorial bonds oversubscribed at 10 1 2.
MENTIONED IN THIS ARTICLE
Chandler Brothers & Co
Boston
N. W. Halsey & Co
New York
Virginia Railway & Power Co
Richmond
Petersburg
Virginia
New Bedford
Mass
Estabrook & Co
Worcester
Kissel, Kinnicutt & Co
Tsailors Memorial
Albany
N. Y
Ofter & Louhsberg
Dobie Mines Seen as Attractive Porcupine Prospect
The Dobie Mines Ltd management includes Nipissing La Rose veterans E. P. Earle and D. Lorne McGibbon. It owns 120 acres in Porcupine with the Armstrong claim hosting a major 1910 gold vein, 700 feet long, 3 to 20 feet wide, with shafts and crosscuts planned to 100 feet. Operations begin with 100,000 in cash and 60,000 treasury shares, 220,000 of 240,000 remaining issued to owners, 20,000 bought at 5 for development, plus 120,000 shares underwritten at 4. The plant is fully installed, camps built, and substantial treasury balance. The article predicts strong value and higher prices after summer development. Orders in Dobie Mines may be settled cash or margin, with stock certificates in other companies usable as collateral.
MENTIONED IN THIS ARTICLE
IT & T
West Tré T
Atchison
Bos & Maine
Con & Monel
NY Central
NY & NH
Penn
West End
Arizona
Cal & Arizona
Daly West
Franklin
Bibby
Greene Canan
Nevada
Aed
Dobie Mines
Porcupine District
Nipissing
la Rose
E. P. Earle
D. Lorne McGibbon
Dobie Mines, Ltd
Armstrong-McGibbon Syndicate
Tisdale Mining Co
Armstrong
Porcupine
Dobie Mines Co
Dobie
Boston curb market shows mixed shifts with Mazatan drop
The curb market yesterday was quiet though some issues moved. Mazatan fell to 1 per share in odd lots with a round lot at 13-8, while Wobie Mining rose to 41-16 and Ely Con solidated gained to 45 cents from 30 cents on unpaid assessment.
MENTIONED IN THIS ARTICLE
Mazatan
Wobie
Ely Consolidated
Location of Boston 31 2s Bonds Held Across States
The Boston News Bureau reports Boston 31-2 per cent bonds are held by national and State banks, insurance companies, and large corporations in 12 states. New York holds the largest blocks, Massachusetts has the most owners, and about 200 Massachusetts institutions hold these securities versus roughly 130 in New York. States with major holdings include New York, Massachusetts, Pennsylvania, Maine, Vermont, Connecticut, Rhode Island, New Jersey, New Hampshire, Maryland, Delaware, with varied values listed.
MENTIONED IN THIS ARTICLE
Boston
New York State
Massachusetts
New York
New Yorks
Pennsylvania
Maine
Vermont
Connecticut
Rhode Island
New Jersey
New Hampshire
Maryland
Delaware
Dividend Declarations From Major Companies Brief
A roundup of declared dividends across firms including Pure Oil Adams Express and Union Pacific plus railroads like Delaware and Bound Brook and Southern Pacific. Payments range from 1 2 to 3 percent with dates for record and payout, notes on stock classifications and book closures.
MENTIONED IN THIS ARTICLE
Delaware & Bound Brook R. R. Co
Adams Express Company
Bavaria Targets Income Tax Dodgers in Wills
Munich May 11 government probes income tax dodging through wills of the wealthy dead. Chevalier Von Klemm, Reichsrat member, left 10 million dollars. his returns showed only 625 thousand to 1 million in property for twenty years. Heirs face about 900 thousand dollars in back taxes.
MENTIONED IN THIS ARTICLE
Munich
Bavaria
Chevalier von Klemm
Bavarian
Reichsrath
Ralph Herz Set to Star at Colonial Theatre in Boston
Ralph Herz arrives in Boston a week from Monday to star in Doctor De Luxe after a long New York run at the Knickerbocker Theatre. The production has made him a star and surpassed Madame Sherry in popularity, following the Arcadians farewell at the Colonial.
MENTIONED IN THIS ARTICLE
Colonial Theatre
Ralph Herz
Boston
Knickerbocker Theatre
New York
Madame Sherry
Co- Jonnal
Charles A Stoneham & Co Commission Stock Brokers
Direct private wire to our main office at 56 Broad Street New York City announces firm services for commissions and stock brokerage business with emphasis on prompt isolated wire communications and market access.
MENTIONED IN THIS ARTICLE
Broad St
N. Y
New Pastors Named in Diocese Reshuffle
Archbishop O Connell ordered priest reassignments including promotions to pastorates and transfers. New parishes at Charlestown and Framingham Centre gain pastors Garret J Barry Augustine D Malley James A O Rourke Michael J Scanlan. Other moves include John Powers Hickey O Connor McGuinness Murphy and a seminary director for missionary work with Joseph F McGlinchy and James Walsh.
MENTIONED IN THIS ARTICLE
Charitable Bureau
Propagation of the Faith
Charlestown
Garret J. Barry
Foxboro
Framingham Centre
Augustine D. Malley
St. Mary's Church
State Prison
James A. O'Rourke
St. Margaret's Parish
Campella
Michael J. Scanlan
Catholic Charitable Bureau
Maurice J. O'Connor
D. D
St. James Parish
James A. Walsh
Michael J. Murphy
St. James Church
Boston
St. Mary’s Church
John W. McMahon
Amos Gilbert Dead Pioneer of Northwest Grain Trade
Amos Wheeler Gilbert a retired businessman and Northwest grain pioneer died after a short illness at his home 78 Westland avenue Boston He was born May 12 1844 in Batavia N Y and grew up in Wisconsin He served as a deacon in Congregational churches in Sioux City and Minneapolis and was a member of the Central Congregational Church of Boston He is survived by his wife Ellen Alworth and two sons Clayton D and Royce W Services Friday afternoon at home burial in Newton Cemetery Newton Mass
MENTIONED IN THIS ARTICLE
Amos Wheeler Gilbert
Boston and
Minneapolis Chamber of Commerce
Westland Avenue
Batavia
N. Y
Lebbeus
Cynthia Gilbert
Wisconsin
Northwest
Sioux City
Minneapolis
Ellen Alworth
Koshkonong
Clayton D
New England Conservatory of Music
Emerson College
Royce W
Massachusetts Institute of Technology
C. S. Beardslee
Hartford
McNeil Reappointed to City Board of Appeals
Mayor Fitzgerald reappointed Neil McNeil to the Board of Appeals. McNeil has served on the board for many years.
MENTIONED IN THIS ARTICLE
Neil McNeil
Board of Appeals
Fitzgerald
McNeil
Porcupine Stock Promises Moves Amid Coronation Hype
This week's Letter on Porcupine predicts Coronation will rise about 20 points as the stock trades at 40 cents. It also highlights a low priced Porcupine expected to gain around 50 percent. The note asserts both stocks are "sted" and suggests reader action. Security Co Ltd, 803 X Kent Bile, Toronto, Canada, members of Dominion Stock Exchange.
MENTIONED IN THIS ARTICLE
Coronation
Kent Bile
Toronto
Canada
Dominion Stock Exchange
Amalgamated Copper stock books close for meeting
Office notice announces the Amalgamated Copper Company stock certificate transfer books will close May 15 1911 at 6 PM for the annual meeting to be held June 5 1911. Books reopen June 6 1911 at 10 AM. Secretary A H Melin signs. Also a classified note seeks stock salesmen for a new manufacturing company with an underwriting pool.
MENTIONED IN THIS ARTICLE
Quincy Mining Company
Amalgamated Copper Company
Broadway
New York
H. Melin
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E. H. Rollins & Sons
Devonshire Street
Chicago
San Francisco
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William E. Soule
Shasta County
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Shattuck
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New York Exchange
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the Post
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