Short term notes in 1912 finance trend and outlook
The article surveys 1912 securities issuance focusing on short term notes as a key financing tool. It notes rising use in industry and railroads, explains post panic growth, highlights major issues like Boston & Maine and Baltimore & Ohio, and predicts continuation of short term notes unless railroad rates rise.
MENTIONED IN THIS ARTICLE
New York City
Case Threshing Machine Company
F. W. Woolworth Company
Rumely
Boston & Maine
Studebaker Corp
Baltimore & Ohio
Maine Central
Market Summary From New York and Boston May 21 1912
New York dull market with declining volume and cautious trading. Sears Roebuck rose on insider buying while Canadian Pacific slid. American Tobacco gained as did Liggett Myers and Lorillard. London money scarcity pressured US prices. Boston saw limited trades with Santa Fe Isle Royale Steel and Butte and Superior dominating activity. Isle Royale rose on floor broker aggression while New Haven held at 135 and Boston and Maine fell to 97 with a firm close.
MENTIONED IN THIS ARTICLE
At&sf
Ealt Ohio
Batopilas Mi
Beth Steel
Bklyn R
Brunswick Ee Ee
Can Pacific
OM & S P
Crex Carnet
Dss&a
Liggett & Mey
Lorillard Co
Louis Nash
May Dept Tore
Miami Copper
BRU
New York St Ry
Nor Southern
Nor & Wes
Nor Pac
Penn
New York
Boston
Reading
Santa Fe Mining
Sears, Roebuck
Canadian Pacific
Edison Electric
Calumet & Hecla
United States Steel
Lehigh Valley
Sears-Roebuck
London
Minneapolis
St. Paul
Sault Ste. Marie
American Tobacco
Liggett & Myers
Lorillard
United States
Santa Fe
Isle Royale
Steel Common
Butte & Superior
Atchison Railroad
New Haven
Boston & Maine
West T & T
Bos & Albany
Bos & Maine
Fitchburg
Rutland
West End
Daly West
Franklin
Nipissing
North Butte
Victoria
Winona
Land
East
Mergenthaler
Reece
Swift & Co
Torrington
United Fruit Eer
Union Landrenee
United Shoes
U S Steel . Ee
Algomah Eee Ee
Amalgamated Ener
Am Ag
Arizona
Boston Carbin Eee
Butte & Suprece
Chino
Kerr Lake
Mason Valley
Market Notes on United States Rubber and Rail Stocks
Wall Street discussants criticized the U S Rubber financing plan while noting a surge in the company stock after proposed capitalization changes. The article also covers railway debt strategies, dividend histories, and investor reactions to London and Canadian markets, with focus on emphasis on common and preferred stock movements, blanket mortgages, and window margin activity.
MENTIONED IN THIS ARTICLE
United States
United States Rubber Company
United States Rubber Common
Money Market Steady With Sparse Business and Low Rates
Market activity remains light with commercial paper the only busy sector. June railroad and industrial payments totaling about 100 million dollars loom but are not expected to affect rates beyond a temporary end-of-month shift. Call money in New York at 2 3/4 percent. time money ranged from 3 percent for 60 days to 3 1/2 percent for six months.
MENTIONED IN THIS ARTICLE
New York
Ai Nau Esate
Bates Hl
Rata
York
Sescessiveceiecs Risis
Boston Clearings
Boston
Sccecesene Saas
Caea
E.e
Bankers’ Sterling
BAG Eoa
Curbstone Trading Highlights Davis Daly Nevada Douglas Movements
Trading on the curb exchange yesterday was moderately active with Davis Daly and Nevada Douglas leading. Nevada Douglas eased slightly, Davis Daly advanced a small amount, and Germany Mining slipped to 1.50. Butte Central stayed quiet yet firm at 71 4, Utah Metal held near 17 8 on moderate volume. Detailed fluctuations are given herewith.
MENTIONED IN THIS ARTICLE
Davis Daly
Nevada Douglas
Germany
Butte Central
Utah
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Albany
Worcester
Providence
Springfield
Hartford
Seaboard
South Pacific
Union
Pacific
U S
Maryland
Westinghouse
Portland Railway Light & Power Co
Portland, Oregon
Chicago
United Cigar Stores
New England
Turner, Tucker & CO
Milk Street
Broadway
State Street
City of Paris
Quincy Mining Company
Boston Coppers
John D. Rockfeller
Wall Street
Money Market
Boston Stocks
Bean” Fisheries
Pate Commonwealth Edison
Chicago City Railways
Chicago Title & Trust
Chicago Pneumatic Tool
Chicago Railways
Elevated
Illinois
Maneas City
American Shipbuilding Com
Bears Roebuck Co
West
United Rox Board
Altice Ps
Laramie
Hahns Peak & Pacific Railway Company
van Horn, Davis & CO
Mass
Rock Island Southern
Pere Marquette
Louisville & Southern Ind
Columbian National Life Ins. Co
Fitchburg & Leominster St
Maverick Mills Pfd. & Com
Fore River Shipbuilding
Waltham Watch
Contoocook Mills
E. T. Burroughs & Co
U. S
Nashawena Mills
Douglas Shoe
Hudson River Electric
Harmony Millis
Farr Alpaca Co
Boston Belting
Arlington Mills
Pope Mfg
Good Housekeeping
Tockin
State St
Boston, Mass
Hodgdon, Cashman & Co
Bos
Tuolumne
Utah Apex
Autom Light
Bay State
Calaveras
Corbin
Cortez
Humboldt
Lion Hill
Majestic Serene
Ohio Ee
South Lake
Braden Copper
Davisaly
Ely Consolidated
Florence Goldfield
Manhattansit
McKinley Dar
Nevada Hills
Estes Ae “Ah
Ohio Copper
Bae
Prest Fast Dome
Yukon
Eae
Central Leather Co
Bank Note
Appalachian Power
Bay State St. Ry
Draper Co
National Shawmut Bank
Rts
Standard Gas & Elec
Tenn. Ry
L. Sherman Adams
Tel
Congress St
Quincy Mining Co
International Smokeless Powder Co
E. I. Dupont International Powder Co
Dartmouth Mfg, Co
Acushnet Mills
Consolidated Stock Exchange of
N. Y
Broad Street
U. S. Steel Canadian Pacific
Amalgamated Copper
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