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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 10, 1910
Page
12
Total sales figures show New York 837 200 shares and Boston 40 579. Steel common led activity in both markets. Year to date volumes and changes from last year are provided for New York and Boston with notable gains and losses in Sears Roebuck N E Cotton Yarn and Central of New Jersey. Call and time money rates are listed for both cities.
Active stocks dropped one to three points after elections, with gains in London stock purchases fading due to profit taking. Steel and Readings led losses while Union Pacific and Missouri Pacific fell three points. overall market activity surged with 280000 Steel shares traded and total volume higher than any prior decline since July.
Traders faced a tediously slow session with most issues including Amalgamated East Butte North Butte Steel common and Telephone closing below Monday levels. East Butte drew steady buying while Telephone faded as New York trends turned downward.
The Sloss Sheffield Steel and Iron Co maintains a 5 percent annual dividend on common stock for this quarter. Amalgamated Nevada Mining plans to start rock crushing within the week. National Carbon pays a special 15 percent dividend to common stockholders, first such action disclosed by directors. Daly-West Mining reports cash on hand of 147,084 at Sept 30, with ore receipts 177,161 and miscellaneous 189,704. disbursements total 208,969 including 54,000 in dividends. G Frederick Robinson elected director of Union Market National Bank of Watertown, replacing 5S Gleason who resigned.
The Boston Market reports stock and bond price movements with totals of sales and changes from the previous close. Bonds section details market activity, offering a snapshot of values and shifts across securities.
Boston curb market notes heavy dispersion in New York bonds with names such as Chino Copper Calaveras Inspiration Bay Central Rhode Island Coal Cactus Raven Oneco Amalgamated Nevada and Arizona Mines leading the list. Net changes mostly fractional as prices drift lower with National Mining Exploration down to five cents and Bay Central rising to 25-16 from 13-4. full list of fluctuations follows.
Lawrence and Ashland Massachusetts cities award bonds to N. W. Harris & Co and R. L. Day & Co for 4 percent issues. Ware and Quincy publish bond sales with bid deadlines and prices. Cleveland issues 4.1 and 4 percent bonds awarded to Hayden Miller & Co with pricing at 100.889.
American Express Company pays quarterly 3 dollars with record date November 30. Adams Express Company issues 3 dollars quarterly with books close November 18 reopen December 1. Union Institution for Savings and Sumner Savings Bank announce semiannual 2 percent. Pittsburg Bessemer & Lake ErieRailway 8 percent preferred semiannual with record November 15. North Pennsylvania Railroad quarterly 2 percent with books close November 10 reopen November 17. Temiskaming Hudson Bay Mining Company 800 percent on November 12. Pacific Gas Electric quarterly 1.5 percent preferred with record November 15. Boston Electric Associates quarterly 1.5 percent preferred with record November 1. National Biscuit Company quarterly 1.125 percent preferred with record November 16.
Dividends payable on the calendar day include Missouri Kansas & Texas preferred and reading second preferred at 2 percent. Ex-dividend notes apply to American Cotton Oil common and preferred as well as International Harvester preferred.
Montreal Nov 9 The Temiskaming and Hudson Bay Mining Company of Cobalt has issued a further 300 percent dividend on ordinary capital stock to be paid Saturday Nov 12 1910 This marks the 28th dividend by the company and the seventh this year raising total for the year to 2100 percent and cumulative to 1720 percent since dividends began The company has paid 1 319335 or 172 per share on every one dollar share and a total distribution of 23623 among shareholders via 3800 percent dividend.
Harvard faces a setback as captain Herbert Jacques may miss the Princeton intercollegiate cross country meet due to a lung cold. Coach Shrubb plans to travel with eight runners including Lawless who could inherit the leader role if Jacques cannot run.
English High defeated Lawrence High 16 to 0 in a rough game at Glen Forest. Buckeye star Koschitzsky stood out for Lawrence while Pierce scored all English High points with multiple touchdowns. Referee Mulryck supervised four ten minute periods.
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