Price Advances in Yesterday's Markets Across Cities
Total New York sales 363 600 shares and Boston 24 001 shares. Reading leads New York with 85 800 shares while North Butte tops Boston at 1684 shares. From Jan 1 to date New York 110 898 400 shares and Boston 9 799 274. Compared with last year New York 101 144 400 and Boston 5 249 376. Largest NY gain N Y State Bus 3 to 87 percent. largest NY loss Adams Express 17 to 175. Boston gains Calumet & Hecla 5 to 550. biggest Boston loss Pullman Co 214 to 165 percent. Call money NY 534 to 8 percent. Boston 6 percent. Time money NY 5 to 6 percent. Boston 5 14 to 6 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
North Butte
Smelt & R
Smelt & R Pf
At& SF
Atl C Line
Ealt Ohio
Beth Steel
Bklyn RT
Ches Ag
Phair
Dss&a
Erie
Ins Cop Co
le& Weee Eens
Lehigh Valley
Liggett & Mey
Liggett & Me
Lorillard Co
Lorillard C
Louis Ween
Minn & Miami Co A
Egreeere
Nat Biscuit
Nevada
Nor Southern
Nor & West
Nor Am
Nor Pac
Congo
Studebaker
Cb&q
FS & M
West T & T
Algomah
Allouez
Tel & Are
Amoskeag
Arizon. Com
Guif
Cum Co P & L Pf. Ee
East Butte
Edison
la Salle
Ld Dominion
Osceola
Pond Creek Coal
Pullman Co
Uine Peewee Neere
Onsol
St Mary
Santa Fe
Eres
Shannon Atevescene
UN Shoe M Pf
U S Smelti
U S Smelt
U S Steel Ten
Victoria Ecivaesk
Wollaston
West End Seveenes
Wolverine
Market Quiescence as Money Tightens After Paris Rate Jump
New York market traders faced apathy amid firmer money, with French bank rate rising to 4 percent and London doubts. Stocks opened firm but faded as call money spiked to 8|12 percent. Reading, Union Pacific, Hill issues and U S Steel led gains. bonds steady with limited demand. Union Pacific and Southern Pacific posted December gains for September results.
MENTIONED IN THIS ARTICLE
New York
Paris
London
Bank of England
Reading
Union Pacific
The
Hill
U. S. Steel
Canadian Pacific
Amalgamated Copper
American
Harriman
Southern Pacific
U. S
Money Markets Show Higher Rates Amid Trading Activity
Morey hardened perceptibly yesterday as money traded at the highest prices in months. Loans on good collateral opened firm and rose briskly through the day. New York money rules at 53-4 per cent. Time money remains light with banks holding funds. Rates cited for 60 days to six months vary by term. Commercial paper stays firm at 4 3-4 to 6 percent for top names. Current local money and foreign exchange quotations noted.
MENTIONED IN THIS ARTICLE
Morey
New York
Stock Exchange
Market Dull Boston Turns Upward Prices on Copper Stocks
In Boston on Oct 31 trading rose as North Butte and Steel common led volume with 1684 and 1500 shares. Calumet & Hecla pushed up five points and copper stocks generally gained while Wolver ine climbed to 74 3 4. Seneca mining trades drew attention amid curb vs exchange price gaps and a stock cleanup eased pressure. Cumberland County Power & Light and General Electric debentures traded on the curb with one transaction. Ex-dividend.
MENTIONED IN THIS ARTICLE
Boston
North Butte
Steel
Calumet & Hecla
Wolverine
Seneca Mining
Stock Exchange
Cumberland County Power & Light Company
General Electric
Metal markets steady with copper firm and tin dull
Oct 31 metal markets show copper steady while tin remains dull but bids higher. Lead and spelter mostly unchanged with spreads noted in Electrolytic and Lake tin prices. London close reports copper at £75 5s spot with gains, lead and spelter steady, tin £229 5s up, as iron holds firm.
MENTIONED IN THIS ARTICLE
London
New York Street Railway Bonds Sold for Public Subscription
Speyer & Co with N W Harris & Co. offer 6 925 million dollars of 60 year first consolidated mortgage bonds of New York Street Railways for public subscription. NYSR, formed 1909, operates electric railways and interurban lines in New York State, allied with New York Central & Hudson River RR. The NYPSC, second district, approved the issue which is tax exempt in New York.
MENTIONED IN THIS ARTICLE
Speyer & Co
New York State Railways
N. W. Harris & Co
New York State
New York Central & Hudson River Railroad Company
New York Public Service Commission
Second District
New York Central & Hudson River Railroad Co
Delaware & Hudson Co
Schenectady Railway Co
Call money advances in New York on heavy borrowing day
Call money in New York on October 31 rose 1 to 2 percent as banks prepare for November 1 corporate and dividend payments exceeding 125 million. Many large dividend payouts expected tomorrow though not all funds will be disbursed. Out of town banks led by Chicago Philadelphia and Boston funded the market.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Chicago
Philadelphia
Boston
Europe
Steel Corporation
Curb Market Bids Steady Except Laramie Slide to Record Low
Boston curb market featured firm prices overall with declines for Laramie at 6 cents per share, a new low. Other listed issues included Butte Central First National Copper Alaska Gold and Bay State Gas showing strength amid trading activity. Detailed fluctuations follow.
MENTIONED IN THIS ARTICLE
Butte Central
First National Copper
Alaska Gold
Laramie
Bay State Gas
Alaska
Bay State
Bingham Mines
Oon
Boston Ely
Bute
Corbin
Crown Reserve
Davis Daly
Eagle Blue Bell
First National
Goldfield Consol
Hollinger See Ee
Ohio
Penn Textile
Seneca Ee
Market and Money Rates in Early Trading News
The article details a sharp early rise in prices driven by short covering amid better European outlooks. It notes higher call money rates, anticipated rates by central banks after France’s move to 4 percent, and a two sided market as traders reassess after a recent break. It also covers Cumberland County Power light listing on the Boston Exchange and copper, steel market trends, and rail/industrial financing.
MENTIONED IN THIS ARTICLE
Beais
Bond Market Notes and Stock Exchange Transactions
The report lists active bonds including Allis Chalmers 5s Atchison and St Paul convertibles and United States Steel 5s with prices around 101. The Bond and Stock Exchange sections show varied bid prices and recent totals. Harry L. Burrage named vice-president of National Shawmut Bank and NYSE mulls closing tomorrow out of respect for VP J S Sherman.
MENTIONED IN THIS ARTICLE
Ir Allis-Chalmera
Atchison and St. Paul
New York Railways
St. Louis Southwestern
United States Steel
Harry L. Burrage
National Shawmut Bank
New York Stock Exchange
J. S. Sherman
Exchange Trust to Raise Capital With New Shares
Exchange Trust Company stockholders meet November 12 to approve increasing capital stock from 260000 to 500000 dollars by issuing 2600 additional shares at 150 dollars each. Proceeds go to capital account and surplus. transfer agent for New England Electro Chemical Metals appointed.
MENTIONED IN THIS ARTICLE
Exchange Trust Company
The
New England Electro-Chemical Metals Company
Cotton Market Advances Amid Bullish Southern Signals
Cotton futures rose sharply intraday with an opening about 20 points above yesterday, then retreated six to seven points before a late surge on forecasts of freezing weather in the Southwest. News from southern spot markets remains extremely bullish, though some gains faded midafternoon.
Quotations From Liverpool and New York Markets
The report shows price quotes for Liverpool and New York markets with bid and ask figures. Trading activity lists open, high, low and close prices across several months and spots with minor gains and volumes noted.
Bond notices from Lawrence and Maryland auctions
Lawrence Massachusetts awards a $100000 4 percent bond issue dated May 1 1912 to Old Colony Trust Company Boston. Maryland treasurer bids for $1000000 tax free 4 percent road bonds due December 1 1927 with bids due November 21 at noon. Boston Stock Exchange committee admits General Electric debenture bonds dated Sept 2 1912 due 1952 for quotation on unlisted sheet.
MENTIONED IN THIS ARTICLE
Lawrence
Mass
Old Colony Trust Company of
Boston
Maryland
Boston Stock Exchange
General Electric
Bond Issue to Offer 50 Year Consolidated Mortgage Bonds
Bond sale of its 50 year first consolidated mortgage 4 42 per cent bonds series 6A will be offered for public subscription in partnership with Harris Forbes Co. The company was formed March 25 1900 and owns operates and leases electric street railways and interurban lines in New York allied with New York Cen.
MENTIONED IN THIS ARTICLE
Cumberland County Power & Light Company
Boston Stock Exchange
New England
Lewiston
Augusta
Waterville
Portland Railroad Company
Portland
Speyer & Co
New York State Railways
Harris, Forbes & Co
New York State
New York Central
Hudson River Railroad Company
Bonds Issued By Public Service Commission Tax Exempt
The Public Service Commission second district State of New York approved an issue of bonds totaling about 19.9 million dollars and the bonds are tax exempt in this State.
MENTIONED IN THIS ARTICLE
Public Service Commission
Second District
State of
New York
Grain Markets Mixed as Cables Dip and Currencies Ease
Wheat sold off on lower cables and cautious Continental advice, then steadied with about a 4 percent move and a 5 percent rally late, closing modestly higher. Corn recovered from early losses with small gains, oats quiet with fractional moves, and international markets showing mixed results in Liverpool Paris Antwerp and Berlin. Receipts and export sales figures cited for Minneapolis, Duluth, Chicago car lots, and weekly primary receipts indicate modest shifts amid overall subdued trading.
MENTIONED IN THIS ARTICLE
Liverpool
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
Calendar for today dividends payable list
Dividends payable today include American Iron and Steel Commonwealth Edison Company Edison Electric Illuminating Boston General Motors Northern Pacific Pacific Coast Com Mass Gas McElwain W H Mexican Telegraph and Telephone New England Cotton Yarn Northern Pacific Pennsylvania Steel Philadelphia Company St Louis and San Francisco Sierra Pacific Electric United Dry Goods Atchison International Silver Miami Copper Peoples Gas Coal Quaker Oats Atlantic Coast Line Brill Company Standard Milling Pullman Company Books Close for mortgage.
MENTIONED IN THIS ARTICLE
American Iron & Steel
Butte Eleé. & Power
Central R. R. of
New Jersey
H B. Claflin Co
Commonweath Edison Co
Edison Electric Illuminating
Boston
General Motors
Gt. Northern
International Nickel
International Steam Pump
Island Creek Coal
Loose-Wiles Biscuit
Mass. Gas
McElwain
W. H
New England Cotton Yarn
Northern Pacific
Pacific Coast
Pennsylvania Steel
Philadelphia Co
St. Louis
San Francisco
Sierra Pacific
Cigar Manufacturers. Com
United Dry Goods Companies
Ijcom
U 8. Realty & Improvement
Boston Club Heard On Port of Boston Plan
Bernard J. Rothwell urged making the Boston & Maine independent or leased to the Grand Trunk to develop the Port of Boston. Cy Warner of Grand Trunk spoke of westward prosperity from Winnipeg and a brighter Massachusetts future with Grand Trunk service.
MENTIONED IN THIS ARTICLE
Bernard J. Rothwell
Boston Chamber of Commerce
Boston City Club
Boston
Boston & Maine Railroad
Grand Trunk Railroad
Cy. Warner
Grand Trunk System
Grand Trunk
Canada
Winnipeg
Massachusetts
W. Reynolds
William T. A. Fitzgerald
F. J. McIisaacs
A. P. Mee
Food and Produce Exchange
G. M. Thompson
J. P. Snow
The
Also Mentioned on This Page
Coppers
Adams Express
New York Market
Money Markets
Seevesees Okugsy
Cseseevess
Eeeereeene
Seeveer
Boston Clearings
Secccvssreser
Seswamper Eer Ereere
Saseecseses
Bankers’ Sterling
Eeeeraereeree
Frances
Reichsmarks Eeree
UN Pac of
Setae
US Cip&f
U S
West Maryland
West Union
Westinghouse
W&le
W & LE of Venee
W& Led Pf
Metal Markets
NEW York Street Railway
One. i. Law
Nevada Hills
Nigienns
Standard Oil NJ
Stewart Ree Eee
Tonopah
Belmont
Wettlaufer Ae Eee
West Pac
Senor
High Point
Low Point
General Asphalt Co
Pittsburg Steel Co
Consolidated Gas Co
N. Y
State Street
Bank of France
Reischbank
Cumberland County Power & Light
Harriman Roads
Warriman
Union
Southern Pacifics
United States
Sabon
Setiae
Tevewie Wes
Mil & St
Hevkees Beret
Bell T & Tbseke
Kings Co
el& Eae
Bees O Ieacon el
Joan AG AP
Pacific Laclede Gas of
St List
Wiebe
Liggett & M
Knox “S
Sela
Mortge Bond
Cen Pacific
Tae Co
At&sf
Adj ii
Pera
Cal Gas & Eloc
Nwn
Miln
Srigias
Eae
Y Gas
L Ree & Power
NYO& West
Owe &S Labs
Col” Indusietal
Nort & W
Ches & O
Geivees
Berasws
Sheisss
Cits
Renenete Ry Hi
Pious
U S Steel Sf
Sis
Iacan Bae Web-Pt Ist
Beret
West
Minneapolis & St. Louis
Ask
Atlanta
Temiskam
Trethewey
Florence
Jim Butler
Pearl Lake
Res
Midway
Rea Mines
North Star
Beck Tun
Black Jack
Ton Bel
WEC
Demijohn
Bailey
Gr Central
Beaver
Idaho
Buffalo
Iron Bros
Chain
Mg City Cobalt
Lwr King Ee
Cobalt L
Coniagas
Vail
Crown
Ayay
Gt North
New Hills
Hargrave
Opohon
Big Dome
Prince On
Crown Char
Dobie
Sil Kg
Sioux
Chicago & Alton
Horace E. Andrews
State of New York
Rochester
Utica
Syracuse
Schenectady
Pine Street
N. W. Harris & CO. Incorporated
Federal St
Eeretanes
Seeeaanes
Seetewrene Lly
Minn
Louis
Toledo
Ing
Atchison. Com
International Silver
Miami Copper Co
Peoples Gas Lt. & Coke
Quaker Oats Co
Pfd
Atlantic Coast Line R. R
JI. G. Brill Co
Standard Milling
Preferred Stock
Common Stock
Kelsey, Brewer & Co
H. L. Nason & CO
Congress St
New Haven
Morris
Og Gas
Pn Tool
Philadelp
Am Cement
Urreal
Pa Steel