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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 29, 1912
Page
14
Traders cheered and muttered about a stagnant market as prices stayed fixed across boards. Island Creek Coal may declare an $8 annual dividend next month amid strong December cash and receivables, while copper and Amalgamated hold steady as Union Pacific and Southern Pacific report varied April figures.
The money market maintains an easy tone as demand from commercial houses improves slightly but total business remains light. Call money at the New York Stock Exchange was 2 1/2 percent with time rates at 3 percent for 60 days, 3 1/4 percent for four months, and 8 1/2 percent for six months. Local money rates and foreign exchange quotations followed.
The text outlines a 1909 1910 boom in rubber stocks in England and a more measured 1912 U S market. It notes signs of realignment, including large planned consolidations and extended capitalization, with rubber imports and automobile demand driving continued growth and new supply easing famine fears.
Trading data lists May July October December January and other months with open, high, and close figures. Prices fluctuate with open around 6.12 and late session near 6.09 percent figures, while New York listings show near 10.95 to 11.80 for nearby contracts as of the listed session.
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