Bond market notes on receivership and railroad equipment trusts
A creditors committee requests deposit of Series A 6 percent sinking fund bonds of the Improved Property Holding Company of New York with Farmers Loan & Trust Company. They urge independence to protect bondholders. Separately Wm A Read & Co and Dominion Securities Corp plan $5 million Canadian Northern Railway 4 1/2 percent equipment trusts, with $2 million from 1912 Series C-1 already issued in Philadelphia and remaining Series C-1 slated for sale.
MENTIONED IN THIS ARTICLE
Improved Property Holding Company of
New York
Warner Marshall
Boston
W. B. Cardozo
P. W. Brooks
Farmers’ Loan & Trust Company of
Vienors
Wm. A. Read & Co
Dominion Securities Corporation of Canada
Canadian Northern Railway
Philadelphia
Local Bank Statement Reports Boston New York Reserves
The weekly bank statement compares current reserves with the prior week and shows the surplus reserve for the same periods over the past ten years in Boston and New York.
MENTIONED IN THIS ARTICLE
Boston
New York
Metal markets steady as copper and tin hold gains
New York metal exchange shows firm copper and tin with July bids and spot quotes. Lead remains around 4.15 to 4.25, spelter quiet near 6.80, antimony steady, iron stable with Northern grades at about 15.25 to 15.75 and Southern around 16.00.
MENTIONED IN THIS ARTICLE
Enene
New York
Minneapolis
Toledo
See
Detroit
New York Metal Exchange
St. Louis
New York Air Brake Strong Amid Five-Point Rise
In a market update East Boston Land hits a fresh high at 1714 while N Y Air Brake posts a notable five point gain to 2014. A S Bigelow suffers a large loss as Copper counts fall. Calumet and Arizona announce acquisition of new property.
MENTIONED IN THIS ARTICLE
N. Y
Boston Land
A. S. Bigelow
Calumet & Arizona
Market Snapshot Yesterday and Year to Date
Key figures show total NY sales 219600 and Boston 22131 shares yesterday. Reading led in NY with 54800 and Calumet & Arizona led Boston with 3377. Year to date NY 61254500 and Boston 5714292 shares. Gains and losses list N Y Air Brake and Sears Roebuck in NY, Island Creek in Boston, with Calumet & Hecla and Boston & Maine noted. Call money NY 2 7 8 percent, Boston 3 1 2 percent. Time money NY 3 to 3 1 2 percent, Boston 3 1 2 to 4 3 8 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Calumet & Arizona
N. Y. Air Brake
Sears, Roebuck Co
Island Creek Common
Boston & Maine Pref
Calumet & Hecla
Reichsmarks
Market Falls as Washington Uncertainty Weighs on Stocks
The New York market traded largely flat with traders awaiting Washington’s next moves as the Supreme Court held open court after a recess. Declines focused on Reading Co and rail stocks amid a government inquiry into coal prices. total volume 220,000 shares. Bond activity rose with $2,079,000 in total sales, Panama three percent bonds gaining on call.
MENTIONED IN THIS ARTICLE
New York
Washington
Department of Justice
Reading Company
Wall Street
Taft
Cuba
Supreme Court
Reading
Lehigh Valley
Union Pacific
U. S. Steel
Berlin
Panama
Boston Market Stocks Show Varied Day With Notable Upturns
Boston market notes irregular trading with East Boston Land hitting a new high at 17 for 2961 shares. Calumet and Arizona jumps to 74 7 8 after news of a $200000 copper ground purchase near Three R property. Old Dominion rises on Supreme Court ruling, while Shannon Island Creek Greene Cananea and Steel common also rally modestly.
MENTIONED IN THIS ARTICLE
B & Q Jt
Seattle
Bos & Maine
Fitchburg
Ye&n
West End
Allouez
Cal & Arizi
Cal & Hecla
Centennial
Franklin Eee
Granby Ee Ewe
Greene Can
Hedley Gold
la Salle
Old Dominion
Shannon
Ae Trinity
Victoria
East
Boston
Wollaston
Amoskeag Ewer
Fudison Elee
Fien Elee Cepiewe Ss
Nyos
Mergenthaler
Pullman Co
Reece Tut Hole
Taygo Swift & Co
Torrington Setae
United Iruit
U S Steel Tree
Boston Land
Calumet & Arizona
Nathan L. Amster
Curb Market Reacts to Receipts Win and Rising Prices
Yesterday's Boston curb market showed brisk activity as Old Dominion receipts surged after a suit victory by receipt holders against Mr. Bigelow. Prices opened at 3.50, jumped to 14 per receipt, then fluctuated to 9, 7.50, and closed at 7.75. Other stocks Davis Daly United Verde Extension Massoletti traded lower while Mexican Metals Bosnyocolo Ohio Copper and Nevada Douglas held firm. Smokey Development entered trading around 3.00.
MENTIONED IN THIS ARTICLE
Old Dominion
Smokey Development
Bond Market Notes On Interborough Metropolitan 448
Interborough Metropolitan 448 opened active and gained a fraction over Saturday's close. Brooklyn Rapid Transit 4s showed reactionary movement. Government bonds posted total sales of 2,079,000 dollars versus 1,218,000 dollars on Saturday and 2,945,000 a week ago.
MENTIONED IN THIS ARTICLE
Interborough
Metropolitan
Brooklyn Rapid Transit
Wall Street waits as Supreme Court hands down few key decisions
The day settles with only a handful of market moving rulings. The major item is the Bigelow interests loss to Old Dominion Copper Co. for 2 million dollars. Foreseen post‑session timing suggests only one more Monday for decision releases.
MENTIONED IN THIS ARTICLE
Wall Street
Supreme Court
Bigelow
Old Dominion Copper Co
Calendar for Today Ex-Dividend Meetings
The calendar lists ex-dividend dates for Delaware and Hudson Co. and meetings of American Beet Sugar Co. Havana Electric and Richelieu and Ontay Nay. (special).
MENTIONED IN THIS ARTICLE
Delaware & Hudson Co
American Beet Sugar Co
Havana
Richelieu & Ont. Nay
Local Dividend and Record Dates Notice
Stock dividends and payable dates listed for Brooklyn rap tran Baton Rouge Lorraine Wettlaufer Mine and Oxin. Record dates include June 10 June 15 and May 28. Monetary figures show percentages and amounts such as 14 percent and 3.00. The notice details payment schedules and related entity names.
MENTIONED IN THIS ARTICLE
Bkiyn Rap Tran
Baton Rouge Blee
Wettlaufer Lorraine
Green Mountain Marble Bond Offering by Hodgdon Cashman
Hodgdon, Cashman & Co. offer the balance of 240000 first mortgage 6 percent bonds of Green Mountain Marble Co. dated Dec 1 1910 for 20 years with 4 percent sinking fund. The company and Vermont Marble control about 90 percent of Vermont marble production. Net earnings exceed six times interest.
MENTIONED IN THIS ARTICLE
Hodgdon, Cashman & Co
Green Mountain Marble Company
Vermont Marble Company
Vermont
Mining Stocks Bid and Asked Prices Across Markets
A list of mining stock bids and asks shows values for multiple equities such as Beck Tunnel Black Jack Col Min Demijohn Grand Cent Mizpah Montana May Day No'h Star Prince Cons Sioux Cons Uncle Sam and Telegraph companies with varied percentages and prices reflecting trading activity and market quotes across the sector.
MENTIONED IN THIS ARTICLE
Atlanta
Beck Tunnel
Florence
Jim Butler
Demijohn
AL J
Grand Cent
M'Namera
Tron Blos
King Wm
Midway
Little Bell
Mizpah
Montana
Prince C'ns
Eula
Uncle Sam
Victoria
WBC
Cotton Market Reading Surprises With Higher Crop Condition
The National Ginners' Association reported a cotton crop condition of 79.4, above general expectations of 70 to 75, causing a rush to reduce long cotton positions.
MENTIONED IN THIS ARTICLE
Mississippi
National Ginners’ Association
Unlisted stocks offer security and profit sharing
A growing view holds a high rate of return need not indicate risk. The appeal centers on ample security, substantial return, ready marketability, and high collateral value in unlisted shares of large grade industrial corporations. Boston 24 Milk St.
Moors & Cabot occupy new Boston offices in Minot Building
Moors & Cabot and J. B. Moors & Co, long housed together, move into a new third floor suite at 111 Devonshire Street. The Bos ton Curb Exchange lists Smokey Development Co shares and notes porphyry copper prospects in Nevada and nearby mining districts. Doble and West Dome properties in Porcupine have been closed, with discouraging developments given.
MENTIONED IN THIS ARTICLE
Moors & Cabot
Boston Stock Exchange
J. B. Moors & Co
Minot
Devonshire Street
Boston Curb Exchange
Smokey Development Company
Treasury
Robinson
Ely
Nev
Congress Street
American Trust Company
S. Herbert Williams
Boston
F. P. Anthony
Winthrop
H. P. Eastwood
Northampton
A. L. Kingsbury
T. J. Hammond
Nevada Consolidated
Chainman
William B. Thompson and Associates
Doble
West Dome
Porcupine
Armstrong-McGibbon Syndicate
F. A Heinze
Rubber Stocks Rally With New $100 Million Merger
Rubber stocks surge as Diamond Rubber and Goodrich Rubber merge with the United States Rubber Company forming a new $100 million combine. The boom follows decade long growth in auto demand and rubber innovations across industries. A full analysis of the rubber trade and major firms appears in tomorrow's Boston Post financial section.
MENTIONED IN THIS ARTICLE
Diamond Rubber
Goodrich
United States Rubber Company
Boston Post
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Chicago, Milwaukee & St. Paul
Chicago & Pacific Western Division
Richardson, Hill & CO
Congress St
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East Boston Company
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Paris
Money Markets
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Seecer
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Am Rys
Cam Steel
Phila Ae
Turner, Tucker & CO
Milk St
Broadway
Chicago
Ask Am
Booth Fish
Illinois Brick
Kansas City St
BO Nat Carbon
Western Stone Co
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