This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 10, 1911
Page
22
Market roundup shows New York and Boston trading activity with totals of 1,236,300 and 52,194 shares respectively. Steel common led in both cities, while notable gains and losses affected Ann Arbor preferred and Wells Fargo Express in New York and Michigan Mining in Boston. Call and time money moved in narrow ranges.
A turbulent trading day saw one and a quarter million in transactions with Steel common up 5 1 4 as bullish activity surged after Circuit Court approval of American Tobacco Company reorganization. The advance followed earlier news that boosted confidence and spurred a strong market close near the day’s high.
Nearly 400 stockholders exchange old company shares for new company shares and pay a 3 cent assessment. The new firm forecloses a $10,000 mortgage to own the mining property free and clear. Exchange deadline is 12 noon November 25 1911. unsold new shares go to underwriting at 3 cents per share. Directors offer monthly payment plans with office in Room 701 Congress Street Boston.
Traders shifted from bear to bull as copper prices rose on October Producer data and the American Tobacco decision. Phelps, Dodge and United Metals selling boosted copper to 12 3 4 cents. Amalgamated, Lacle Copper, North Butte, Steel, and Telephone led the advance with higher quotes. Volume reached 52,194 shares, strongest since August 25, with Steel contributing 14,427. The close showed a strong tone and continued bullish sentiment.
Followers of the curb market saw broad activity with Calaveras Copper rising to 74 cents, recovering losses from yesterday. United Verde Extension traded between 1.00 and 1.10 dollars while Amalgamated Nevada hovered around 6 1/2 cents. Butte Central climbed to 4.50 dollars as Corbin Copper Rhode Island Coal Davis Daly Lion Hill Mexican Metals and Majestic posted notable moves. Full curb list fluctuations are detailed.
Minority stockholders of Western Telephone and Telegraph relinquished rights to exchange their shares for American Telephone. Kidder, Peabody & Co. orchestrated the liquidation, which has been completed. Directors of American Cotton Oil declare the common stock dividend, with 2.5 percent last paid in June and 3 percent on preferred. Nipissing October silver production reached 481,986 ounces valued at 296,929, compared with September production and shipment values.
October saw a plan to issue 5000 shares of new stock by the Ola Colony Railroad Company to be sold at public auction. Executives including J. C. Morse of Field & Fay and Charles G. Smith of Old Dominion Arizona Commercial props visited mines to map future development with local leaders. George H. Lee seeks Chicago Stock Exchange membership. The Boston group led by N. L. Amster toured properties with A. Codman and J. Neill joining en route. J. H. Trevise of Calaveras Copper Company also visited the city.
Union Pacific sold five million dollars of Oregon Washington Railway and Navigation Company bonds to Kuhn Loeb and Co for refunding. Missouri invites bids by noon December 1 1912 for three and a half million dollars of eight and a half percent capital building bonds dated January 1 1912 with options in eight years and redeemable in 13. New York Stock Exchange lists ten million dollars of Illinois Central refunding mortgage bonds due 1955, bringing noted totals to eighty two million seven hundred forty thousand.
Dividends payable notices include M. E. T. preferred at 2 percent, Reading 2d preferred at 2 percent, U. S. Envelope preferred at 1 percent, and Winona Copper $1 books open. Boston & Maine ex-dividend, Harvester preferred also listed.
In a letter to the editor Boston business writer W L Ratcliffe argues shoe manufacturers must operate year round to cover overhead and lean periods. He explains how six weeks of non selling time twice yearly raises costs and justifies selling at a loss or minimal profit to keep mills, workers, and orders steady. He cites New England firms and asks Congress to consider export and duty impacts.
The Ely Central Copper Company market presence grows as the Coipper Company stock rises to 16 cents DOE. The reorganizing committee holds most claims, plans to secure two thirds of outstanding bonds, and has appointed James Jacoby as general manager after taking possession of the property.
Philadelphia November 9 Colonel William te Bunting of ton was elected as life trustee by trustees of the Mutual Life Insurance Company He succeeds the late Noah A Plympton to represent the agency force in the administration New England agency noted as part of the company roster
A Reading railroad engine struck a Philadelphia street car early today. A young woman was killed and about six other passengers were injured as crossing gates reportedly were not down.
Abing ton area listing fragment mentions a water steam heated lighted acetylin place and a road or house, with J Frank Young of North Abington Massachusetts referenced amid stray real estate terms and contacts.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.