New York State Seeks Bidders for 25.95 Million in Bonds
State Controller William Lohmer offers sealed bids by noon June 6 for 25.95 million dollars in three classes of bonds. Class 1 funds canals and highways dated 1912 and due 1962, 1932, and 1962. Class 2 covers Barge Canal terminals due 1932. Class 3 supports Saratoga Springs reservation with 90 thousand yearly from 1913. Also noted is ongoing plan to refund Ontario Canada Southern issues and other unrelated bond activity across several states and rail lines.
MENTIONED IN THIS ARTICLE
William Lohmer
New York
Champlain
Oswego
Cayuga and
Seneca
Saratoga Springs
Canada Southern
Michigan Central R. R. Company
New York Central & Hudson River R. R. Company
Metal Markets Show Strength on New York Exchange
The New York Metal Exchange closed with a generally strong tone copper rising about one quarter to one half cent for nearby deliveries. Late-month contracts gained one eighth cent in asking prices as traders cited firm demand and cautious buying activity.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
New York Cotton Exchange
N. L. Carpenter
Carpenter, Baggot & Co
E. McAneny
Trading Feature Headed by New York Boston Market Activity
New York and Boston stock summaries show total sales this year 55,743,100 shares in New York and 5,356,957 in Boston from Jan 1. Reading leads New York activity with 107,100 shares. Old Colony Copper tops Boston for volume at 5405 shares. Market closes irregular after early gains.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Old Colony Copper
Buffalo
Rochester
Pittsburg
St. L
San Francisco
N. E
Mayflower Mining
Damon and Pythias
Mayflower
Old Colony
Granby
Greene-Cananea
Torrington
Cotton Markets Drift With Mixed Prices In unsettled trade
The cotton market opened slightly firmer in Liverpool but local prices fell 9 to 10 points in early trading. A quick rebound followed yet overall activity remained heavy with a uncertain tone. Weather outlook predicts generally fair conditions in the Carolinas and unsettled with showers in the western belt.
MENTIONED IN THIS ARTICLE
Liverpool
Savannah
Carolinas
Alabama
Mississippi
Boston curb market dull with Rhode Island Coal lead
The Boston curb market yesterday was dull with Rhode Island Coal as the sole feature. Receipts fell from 15 to 9 cents while regular stock held at 13 cents. Consolidated Arizona and Majestic saw moderate activity as detailed fluctuations are reported.
MENTIONED IN THIS ARTICLE
Rhode Island
Consolidated Arizona
Majestic
Nevada
Bay State
Bingham Mines
Boston Ely
Butte Central
Calaveras
Lion Hill
Melvin Dar
Douglas
Utah
Ohio
Oneco
I Coal
Southwest
Miami
United Verde
State Street Topics on bonds, markets, and copper stocks
New York will auction 29.95 million four per cent bonds on June 6 with bids at par or better. Reporting highlights include City and State bond price differentials, the Diamond Goodrich rubber merger forming a 100 million capital combine, Isle Royale copper prospects with Calumet & Hecla stake, Wabash bonds trading above 70, and Greene Cananea facing dividend questions and capitalization concerns as markets react to copper conditions.
MENTIONED IN THIS ARTICLE
New York
City of
New York City
United States
Diamond Rubber Company
B. F. Goodrich Company
United States Rubber Company
Calumet & Hecla
Isle Royale
Greene Cananea
West T &T
Atchison Pl
Bos & Albany
Bos & Maine
Bos Elevated
Ny&nh
Old Colony
Union Pac Rutland Pf
West End
Vt& Mass
MININ
Adventure
Ahmeek Et
Allouez Orev Ee
Cal& Arizona
Cal & Hecla
Centennial
Daly West
Franklin
Nevada
North Butte
Trinity
Utah Cop Co
Utah Consol
Wyandot
East
Boston
NewEne Tel
McElwain
Pullman Co
Swift & Co
Torrington
Torrington Pf
Torrington Rts
United Fruit
Union Land
United Shoe
UN Shoe M Pf
U S Steel
U S Steel Pl
Algomah
Amalgamated
Am Ag Chem
Am Ag Ch Pf
Arizona Com O
Boston Corbin
Butte & Sup
Butte Ballak
AO Ear
East Butte
Giroux Vo
Hancock
Indiana
Inspiration
Island Creek
Kerr Lake
Lake Copper
Mason Valley
Melec
Miami Cop
New Arcadian
North Lake
Pond Ork Cl
Ray Consol
South
Utah
Sup & Bus
Tuolune
Local Bank Statement Shows Weekly Reserve Gap
The report compares the current weekly local bank statement with the prior week and notes the surplus reserve for the same periods over the previous ten years in Boston and New York.
MENTIONED IN THIS ARTICLE
Boston
New York
Sinking halted at 3570 feet in Hancock shaft and awaiting timbering
The Hancock shaft sinking paused at 3570 feet for timbering with no other sinking in the vein. Superintendent Harris believes the recently cut lode is the Pewabic west branch and the main vein may lie at 3600 to 3700 feet. Allouez No 2 shaft rock house finished. hoisting to begin by June 1.
MENTIONED IN THIS ARTICLE
Hancock
Harris
Allouez
Houghton
Boston Stocks Summary Report
The ledger shows total sales listed 27 571 shares, unlisted 10 223 shares, bonds 7 000 dollars, rights 2 785 and fractions 1 859. This brief item records market activity with concrete figures for the Boston market.
Municipal Bond Boom Signals Market Confidence
The sale of 65 million dollars in New York City bonds last week marks the largest municipal issue to date. In ten years NYC must raise more cash as interest costs rise to fund extensions and services, prompting questions about how other cities cope and public sentiment on long term securities. The Boston Post previews financial page coverage detailing public opinion and outlook.
MENTIONED IN THIS ARTICLE
Toledo, Port Clinton & Lakeside Railway Company
W.S. Barstow & Co
New York
Toledo
Marblehead
Lakeside
Sandusky
Higginson & Co
London
Virginian Railway Company
National City Bank of New York
Lee, Higginson & Co
Drexel & Co
Kissel, Kinnicutt & Co
Lehigh Valley
Supreme Court
Anthracite Coal Trust
New York City
Boston Post
Also Mentioned on This Page
City of Albany
New England
WM. A. Read & CO
Congress Street
Adirondack Electric
Common & Preferred
Richardson Hill & CO
Congress St
Winthrop
Mass
Bond & Goodwin
Blake Brothers & Company
First Ward National Bank of East Boston
William A. Read & Company
Wildey Savings Bank
Cincinnati
Boston & Maine
China
Great Britain
France
Germany
Russia
Japan
Quincey
Metal Markets
Canadian Pacific
United States Supreme Court
American Sugar
Perhas
Union Pacific
United States Steel
Interborough
Washington
Panama 3
Ee Ani
Sond Isseys
Low Point
High Point
Eerenens
Car & Fay
Teblsmes
Hide & Leathe
Ann Arbor
Eneernses
Balt & Ohio Pf
Brooklyn
UN Gas
Brunswick Dock
Buffalo R & Pitts
Canada
Chi & North
Ee & St
Col & Southern See
del Lack
West
Des Moines
SS & A
Erie
Fed Min & Smelt
Est Chemical Co A
Havana
Elec
Int Harvester
KC Rt S & M
Tt & Myers See
Nash Chat & St Loenerene
National Biscuit Sista Die
Aod
al Arelalaia Alee
National Enamel
Nat Lea
Nat Ry
N.Y
NYC
Lorillard
Pub S Corp of NJ Ae
Sloss
Sheffield
Texas Co
Tolly & Light Treee
Twin City
KR Tran
Nderwood Typewriter
United Dry Goods
UN Rvs Invest
Sfasrs
Tron Coal & Coke
Wells Fargo Ke Co
Westinghouse Ist
Wheeling & IL
Wisconsin
State Street
Ahmeek
Transvaal
New York Stock Exchange
Crucible Steel Bi
Bee
Vaewewowy
Tee
Ind Brewing
Kansas Natural Gas
Oklahoma Natural
Jae Seer
Pitts Brewing Com
Pitts Coal
Heme Nee
Union Switch & Signal Seheene
Westinghouse Air Pac
Westinghouse Machine
Westinghouse
Whicher, Young and Conant
Conant, Young & Co
Milk Street
Boston Stocks
Money Markets
Ee E Ac
Sub-Treasury
New York Sub-Treasury
Reichsmarks
Ee Ny
N. W. Harris
Federal Street
Whicher, Young & Conant
John T. Whicher
Solomon Young
Augustine B. Conant
BS ‘& Kre
Smelt & Re
T&t
Beth Steel
Bklyn
Roch & Pitts
Butterick
Can Pacific Ae
Ches Ohio
Distillers S
High Valley
Lig & Mey Pf
Lorillard Cc
Louis Nash
Mackay Eee
Mer Marine Pf
Ch & SL
Nor & Wes
Nor Am
Nor Pac
Phila Co
Rocks Island
St L & Ss
Seaboard
South Pacific
Texas
Pacific
Third Ave
Aude
Davis-Daly
Giroux
Nares
Mason Valle
Ty Nipissing
Eee
Preston Dome Ag
Yukon Golder
Turner, Tucker & CO
Milk St
Broadway
Elis Co
Consolidated Stock Exchange of
N. Y
Broad Street
U. S. Stee
Utah Copper Nevada Consolidated Copper
L& W
Gos
Pol
SOO West Union Ween
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