U. S. Rubber to Issue More Stock
Prices slide in New York irregulars while Boston markets show declines. U. S. Rubber trades at 314 with a 4 percent preferred, copper surplus rises, and several other issues like Lower-Calumet & Hecla Adams Express Northern R R Goodrich Preferred Boston & Maine Preferred and American Woolen Preferred move in lighter trading.
MENTIONED IN THIS ARTICLE
New York
Boston
Calumet & Hecla
Adams Express
Northern R. R
Goodrich
U. S. Rubber
Boston & Maine
American Woolen
Market activity snapshot from yesterday and year to date
Yesterday's New York total sales reached 216 300 shares with 55 600 shares in steel and Amalgamated 1869 in Boston. Year to date totals show New York 74 396 100 and Boston 4 722 048 shares. Major movements include Central Leather up in New York and Calumet & Hecla down in Boston. Call and time money rates vary by city.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Amalgamated
Central Leather
Adams Express
Edison
N. E. Tel
Calumet & Hecla
New York Market Rises on Mild Optimism Amid Mixed Signals
The New York stock market posted modest gains after a string of depressions, led by stronger American shares in London and renewed demand from abroad estimated at 20 000 shares. Copper stocks rose on a bullish producer report, while Rubber weakened on heavy new stock offerings.
MENTIONED IN THIS ARTICLE
New York
London
Amalgamated
Sub-Treasury
Europe
Steel
Reading
Union Pacific
First Preferred
Dan
Bears
Oi! Group
Copper Producers' Statement Divides Opinion in Market
In Boston trading on Nov 7 light volume marked a day of mixed reaction. The copper statement drew varied views, with investors split on whether the data signaled optimism or bearishness. It showed an about 2,000,000 pound rise in U.S. copper stocks and noted October production and deliveries compared with earlier years. The visible global copper supply stood at 9,418,000 pounds on November 1, the lowest in about five years.
MENTIONED IN THIS ARTICLE
Boston
New Haven
C. H. Venner
Mr. Bulkeley
United States
Thte
Money Markets Foreign Senda Market Report
The foreign senda market opened easier with after noon rates. Desmand and 60 day bids show small shifts with MSD at 4.8545 and $4.8495, commercial bills at $4.704, and other currencies around 5.2134 marks and guilders 0.40 plus 1-16.
MENTIONED IN THIS ARTICLE
Senda
Dividends Declared by Erie Railroad Company
Dividends declared on preferred stock at quarterly rate of 144 percent for the record date November 15. The notice lists stockholders and payment details with references to Lake Erie Railroad Company and related entities.
MENTIONED IN THIS ARTICLE
Rears & Ce
Pitta Ewig
Lake Erie Railroad
Poonta
United States Rubber plans 9.4 million first preferred stock issue
Directors announce a rights offering to stockholders with one new first preferred share for every ten held. Record holders as of Nov 15 may subscribe by Dec 15. The issue totals 9.422 million dollars at par, representing 10 percent of capital, and is not underwritten.
MENTIONED IN THIS ARTICLE
United States Rubber Company
United States Rubber
Sumatra
United States
Irregular Bond Market Focuses On Major New York Issues
Market activity centers on New York city issues and several large corporates. Bonds cited include Chicago Great Western 4s New York New Haven Hartford convertibles Union Pacific first 4s United States Steel 5s and Armour & Co. 4s. Prices show mixed results with notable activity across a wide array of railroad utilities and industrials. Total new issues and trading volume are reported with comparisons to last year.
MENTIONED IN THIS ARTICLE
Fitchburg
Mergenth
Nevada
NY & NH
Old Dominion
Colony Min
Union Pacific
United Fruit
Ubber Rts
U S Smelt
Steel
Wolverine
West End P
New York City
Chicago
Col Trust
Pacific Té&T
Ce Deere
lccaestLst
Penn
A. Oa Iy Co
Beamei
Armour & Con Real
Pacific
Alon
Reece
NY Gas
Pennis
Indiana Steel
So Pacific
Laclede Gas
So Pacific Rig
Louis Ee
Souther
Istas Ave & P F
Louis Dig
LL Nistori Co
Eho
Dal &Owold
National Tube
Bklyn ‘UN Es
Air Brake
Sace Gas & Elec Bey
Bikey
Canad South
Ahi & St
Norf & Wert
Nott & W
Pons
Winona & Op i
North Pacific
Mil & St Pfs
Irregular trade but no broad downturn signals in Dun Review
R G Dun weekly review notes irregularity as a key feature of the business picture with no general recession in sight. Dry goods markets show a surge in activity and firmer values, while wool mills close temporarily awaiting free wool. Leather remains favorable, iron and steel slow with pig iron output down, copper prices slip in parts, and overall failures rise to 283 in the U S versus 254 last year and 44 in Canada.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Company
United States
Canada
Nettie mine passes to Anaconda in Butte district
The Nettie mine near Butte, one of the oldest in the district and about 112 miles from the city, has transferred to Anaconda ownership and is expected to resume operation within months. A big electric hoist for Granite Mountain shaft at North Butte is approved and slated for installation early spring with a sinking capacity of 5000 feet, the largest electric hoist in use in the country. Separate securities actions include NYSE listings for South and North Alabama Railroad mortgage bonds and Moline Plow Company stock, with Canadian Pacific and Allis Chalmers also pursuing listings.
MENTIONED IN THIS ARTICLE
Post
Butte
Boston Butte Copper & Zinc Company
W. W. McDowell
Montana
Reynolds & McDowell
Miners’ Savings Bank and Trust Company
Boston
McDowell
Nettie
Colorado
West
West Ledges
Bluebird
Butte Hill Nes
Butte District
City
Anaconda
Granite Mountain
North Butte
New York Stock Exchange
South and North Alabama Railroad Company
Moline Plow Company
Canadian Pacific Railroad Company
Allis. Chalmers Manufacturing Company
Bond Market Notes Ended Auction Below Target Sum
A short term loan issue closed at 190000 with bidders listed as noted in the market notes. Details on participants are sparse due to damaged text.
Bradstreet's Report Outlook Weighs Trade Shifts
Bradstreet's preview notes mixed signals as distributive trade expands with holiday demand and crop yield optimism while wholesale trade slows and iron and steel quiets. Cold weather boosts heavyweight goods yet warm regions curb turnover. copper weakens amid soft overseas support. Bank clearings rise 0.1 percent to 3.412 billion. wheat flour exports reach 7.838 million bushels and corn 10.507 million. Weather in Canada curbs activity but Christmas trade grows and Northwest collections improve.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
United States
Canada
Northwest
Calendar for Today Dividend Dates and Book Closings
Stocks show ex dividend Friday November 7 and payable to holders of record on that date. Bond and M G 4 percent Q due November 15. British chemicals and Thom Star 4 percentDue dates listed. Woolworth 6 1/2 percent quarterly ex-dividend December 1. Electric light and power Abington and Rockland special meeting.
MENTIONED IN THIS ARTICLE
Bond & M. G
Brit. C. Ph
Brit. C. Pk
Paducah Trac
St. An
Worcester hospital abuse hearing nears conclusion
Hospital officials and attendants testified about patient Xides and other cases as the State Board reviewed abuse claims. Frankil and Vartanian disputed accounts while Dr Beal and others defended restraints as necessary to treat injuries, with witnesses detailing misconduct and discipline.
MENTIONED IN THIS ARTICLE
Frankis
Peterson
Mikran Vartanian
Sarantus Xides
Frankil
Xides
Michael J. O'Meara
John Addison Haren
Dr. L. Vernon Briggs
Vartanian
Constantinople
United States
Scribner
Matty Kenunen
Howard W. Beal
Kenunen
Beal
Kenmen
O'Meara
Herbert Dalton
O’meara
Dalton
Bill” Lewis
Sampson Seder
Margaret Garvey
Charles Vogel
Vogel
James Walsh
Timothy O'Leary
Walsh
O'Leary
O’leary
Joseph Grady
Louis Swarts
Swartz
Grady
George A. Wilson
William C. Leslie
Leo Haley
Leslie
Bill Lewis
Hart
Mr. Halen
John A. Wilson
Robert R. Dryden
Dryden
Haien
Wilson's Next Move in Mexico
Washington dispatch reports the Cabinet discussed U S policy if Provisional President Huerta refuses to resign. No decision announced and formal reply to American representations had not been received by late today.
MENTIONED IN THIS ARTICLE
Washington
United States
Huerta
Recount Vote Ordered in City Wards 2 4 and 14
Petitions filed with the Board of Election Commissioners seek recounts of the State Representatives election in three city wards. The entire vote will be recounted in Wards 2 and 4, while Ward 14 will recount only Democratic tallies. Recounts start at 9 30 the next morning.
MENTIONED IN THIS ARTICLE
Board of Election Commissioners
Cabinet talks drift to arms embargo and Huerta stance
Discussion at the cabinet meeting touched on lifting the arms embargo so the constitutionalists could obtain war material, but no firm decision emerged. Officials noted Huerta’s rejection of U.S. demands remains unconfirmed, while Berlin notes hint at European support if Washington desires it, though Bryan offered no comment.
MENTIONED IN THIS ARTICLE
Washington
Huerta
Berlin
Germany
Bryan
Diaz Arrest in Havana After Shooting of Guerrero
General Welix Diaz is jailed in Havana after being accused of shooting Pedro Guerrero during last night’s altercation that left Guerrero wounded and Diaz slightly injured. Diaz and ally Luis Angel Malda were arrested, with Diaz awaiting court decision after 72 hours of provisional detention.
MENTIONED IN THIS ARTICLE
Havana
Welix Diaz
Pedro Guerrero
Diaz
Felix Diaz
Associated Press
Malecon Park
Guerrero
Domingo Najera
Carranza
Senor Najera
State Department
Carranga
Atoka Man Convicted of Killing Wife and Daughter
T W A Borah a wealthy Atoka merchant was found guilty of causing the deaths of his wife and their daughter after a blaze at their home. He was sentenced to life in prison. Bodies were found near the house after the fire destroyed parts of the dwelling.
MENTIONED IN THIS ARTICLE
Atoka
Okla
W. A. Borah
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