Resiliency in Prices Dominates Early 1911 Exchange Roundup
Total sales in New York reached 661,900 shares with Boston at 32,159. The most active issue in New York was Steel common at 176,900 shares and in Boston Steel common at 4,834 shares. From Jan 1 1911 to date New York total sales were 104,426,000 shares and Boston 5,382,299 shares, versus last year’s 145,694,300 and 10,240,032 shares. Notable gains and losses include Wheeling & Lake Erie Isl Btd rising 334 to 1134 in New York and Pacific Coast Ist ptd slipping 8% to 105. In Boston Pere Marquette Ist ptd rose 5 to 35, while Boston & Albany fell 7% to 220%. Call money stood at 2% in New York and 2% to 3% in Boston. time money ranged 3% to 334% in New York and 4% to 4% in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Wheeling & Lake Erie Isl
Pacific Coast
Pere Marquette
Boston & Albany
Call Money
Market gains Persist as Steel and Rail Stocks Rally
The market stayed firm with heavy volume yesterday. Steel common rose above 60 for the first time since the government suit. Union Pacific topped 170 for the first time since the late September downturn. Reading advanced near two points from its high, continuing last week’s surge.
MENTIONED IN THIS ARTICLE
Steel
Union Pacific
Reading
Trinity of Leaders
Local Traders Dent New York Step With Fast Market Activity
Yesterday's market showed brisk trading as local traders quickly matched New York moves. North Butte jumped to 26 1 4, Lake Copper rose 11 8 points to 301 8, with La Salle Superior Osceola Tamarack and Calumet showing strong resilience. Steel common and United Fruit and Shoe Machinery also contributed to rising prices amid solid demand. Total volume reached 382 159 shares.
MENTIONED IN THIS ARTICLE
New York
North Butte
Lake Copper
la Salle
Superior
Osceola
Tamarack
Calumet
United Fruit and Shoe
Boston Elevated annual meeting adds three directors
Charles P. Hall of American Hide & Leather Co George P. Gardner of Great Falls Mfg Co and E V R Thayer of the Thayer estate join the Boston Elevated board at its yearly gathering Other directors are re elected The Boston Curb Exchange re elected McAuliffe and Boyle to the governing committee.
MENTIONED IN THIS ARTICLE
Boston
Charles P. Hall
American Hide & Leather Co
George P. Gardner
Great Falls Mfg. Co
E. V. R. Thayer
Thayer Estate
Thomas J. McAuliffe
John J. Boyle, Jr
Boston Curb Exchange
Boston Curb Market Fluctuations Highlighted By Four Issues
The Boston curb market saw moderate activity with Amalgamated Nevada dropping to 412 cents after a raid, later rebounding to 6 cents. Corbin Copper climbed to 17 8, United Verde Extension moved up to 8 1/2 cents, and Butte Central improved to 8 3/8. Bay State hovered about 18 cents and Ahmeek at 183.
MENTIONED IN THIS ARTICLE
Amalgamated Nevada
Corbin Copper
United Verde Extension
Butte Central
Bay State
Ahmeek
Ctocks
Vooe
Nevada
Bay State Gas
Calaveras
Davis
Goldfield
Douglas
Eocooe
Ray Central
South Lake
United Verde
Global markets falter amid international tensions
The piece argues the worldwide stock slump stems from the unsettled international scene and asks if overproduction of gold fuels the crisis. It previews tomorrow’s financial page in search of clear answers to these knotty questions.
Utah Apex Mining shows strong year with record ore reserves
The Utah Apex Mining Company reports for the year ended Sept 1 a net profit from ore sold of 121 299 from a gross 313 102 on 37 500 tons. Production costs totaled 191 802 and other expenses 33 628, yielding a grand net of 87 671. Cumulative profit and loss on hand rises to 386 019. Drifting measured 4 559 feet and raising 1 380 feet, with developments boosting ore reserves to their largest in the mine’s history. Probable ore exceeds all prior records.
MENTIONED IN THIS ARTICLE
Utah Apex Mining Company
Dividends Declared by Major Firms This Quarter
United Cigar Manufacturing declares quarterly 184 percent on preferred stock with record date November 27 and payment due December 1. Pacific Gas & Electric declares quarterly dividend of $1.50 on preferred stock with record date October 13 and payment date November 15. Copper Range Company No 2 pays $1.50 immediately.
MENTIONED IN THIS ARTICLE
United Cigar Manufacturing Company
Pacific Gas & Electric Company
Copper Range Company
Armour pension plan for 15000 workers announced
Armour & Company in Chicago announces a pension scheme for 15 000 employees funded by a $1 000 000 gift from J Ogden Armour. The plan requires a 3 percent contribution from annual salaries, with 2 percent of final salary per year of service paid on retirement. Eligible employees may retire after 20 years at age 57, women at 60.
MENTIONED IN THIS ARTICLE
Armour
Chicago
Ill
Armour & Company
J. Ogden Armour
Eliot sails for Orient to study peace sentiment
Harvard President Emeritus Charles W. Eliot age 77 sails from New York with wife Ruth and secretary Roger Pierce to investigate peace sentiment in the Orient. The Carnegie Foundation trustee travels aboard Kronprinz Wilhelm to Cherbourg then Genoa and Colombo for six weeks in India and Asia returning via Japan and Hawaii before reaching Mount Desert.
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Charles W. Eliot
Harvard
Ruth
Roger Pierce
New York
Orient
Carnegie Foundation
Harvard Club
New York City
Eliot
Kron
Java
Hong Kong
Manila
Philippine Islands
China
Japan
Hawaiian Islands
San Francisco
New
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Boston Clearings
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lanted—Center Safety Razorway & Co
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