Bankers Forbid Reopening Bond Market
A fluctuating sequence of statements on whether the stock exchange would reopen for bond trading created optimism and doubt. International bankers indicated plans were postponed due to opposition from banks and bond houses and concerns over foreign liquidation risks amid rising security prices. Southern Pacific reports October earnings drop, while Utah Consolidated declares a 50 cent dividend as a silver lead success story.
MENTIONED IN THIS ARTICLE
International Banker
Southern Pacific
Utah Consolidated
Stock Exchange
New York
Flouses
New York Stock Exchange
Boston
Eeeerersnase
Treasury
Sresaeeneeds
Securities for Massachusetts Corporation Offer at 7 Percent
A confidential notice seeking buyers for the securities of a Massachusetts manufacturing firm offering a 7 percent return. Contact via P. O. Box 1175 Boston for details.
MENTIONED IN THIS ARTICLE
Massachusetts
P. O. Box
Boston
Dividend Declarations By Connecticut Power and Massachusetts Bonding
The Connecticut Power Company declares a quarterly preferred dividend of 1.50 per share payable December 1 1914 to holders of record November 21 1914 Stone Webster transfer agents Also Massachusetts Bonding and Insurance Co declares a quarterly dividend of 2 per share payable December 1 1914 to stockholders of record November 23 1914
MENTIONED IN THIS ARTICLE
Connecticut Power Company
State of Connecticut
Stone & Webster
Massachusetts Bonding and Insurance Co
Uyable
BU Be
Market Report Shows Mixed Copper and Extension Stock Moves
Trading on a restricted curb session saw Jumbo Extension rally from 77 to 87 with a later pullback to 85, closing unchanged from the prior close after a sale at W%e. Davis Daly climbed from 59 to 85 with a strong finish. First National Copper advanced and Houghton rose by three quarters of a point as detailed fluctuations followed.
MENTIONED IN THIS ARTICLE
E. Davis Daly
First National Copper
Houghton
Local Shawmut Bank Shares See Strong Demand on Market
National Shawmut Bank stock draws bids near 193.50 after trading at 18 with no offers below 20. Old Colony Trust shares traded around 200 with yesterday's 205 price now the bid for these listings.
MENTIONED IN THIS ARTICLE
National Shawmut Bank
Old Colony Trust
New York Exchange Reverses Bond Trading Resumption
The New York Stock Exchange abruptly abandoned plans to resume open bond trading after a morning approval, citing unforeseen difficulties. Major bond dealers opposed a short timeline, fearing incomplete commitments and possible foreign selling. The Committee of Five said further consideration was needed amid international banking concerns.
MENTIONED IN THIS ARTICLE
New York Stock Exchange Committee of Five
Clearing House Committee of
Exchange
New York
New York Stock Exchange
Wall Street
International Banking Group
London
Charles Leb
Homer
George H. Warren, Jr
A. de Neufville
Tracey L. Turner
Eugene Hale, Jr
Copper Shipments Tie Salt Lake Smelters To 11.1 Cents Lb
Smelters in Salt Lake City area settle with copper producers for October shipments at 11.1 cents per pound. Since Nov 1 daily settlements have occurred. Copper sales reported around 12 1/4 cents in New York. Anaconda denies plans to cut output. Bond markets rise with municipal bonds reaching new highs.
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Chicago
Ewe Renee
New York
Duluth
St Louis
Kansasity
Toledo
Salt Lake City
Utah
City of Boston
Another $15 Dividend for Commerce Bank
A further $15 dividend is paid to stockholders of the National Bank of Commerce as part of liquidation. With $200 paid last May, total distributions reach $215. The merger terms set a minimum $232 price plus $30 for goodwill, totaling $262, leaving $47 still due Commerce shareholders.
MENTIONED IN THIS ARTICLE
National Bank of Commerce
Merchants National
Commerce
St Louis Exchange to Reopen in Ten Days
The St Louis Stock Exchange is expected to reopen within the next 10 days due to notable improvement in financial and business conditions. The decision follows efforts to restore operations and stabilize market activity.
MENTIONED IN THIS ARTICLE
St. Louis Stock Exchange
Cotton Markets Hold Steady Amid Active December Demand
Cotton prices steady as December contracts see strong demand from spot and other interests. Traders note a large supply but low middling and good ordinary are priced well above four cents, with liquidation appearing to have run its course and the new contract to be tested.
MENTIONED IN THIS ARTICLE
New York
Massachusetts
Boston
Philip Singer & CO
Peabody Playhouse
Shoemaker
la Verne and Allen
Maitie Quinn
Jack Mendelsohn
Bond Market Notes Fall River and Lynn seek bids
Fall River will sell at 10 80 a m November 24 a 25000 special almshouse loan 41 2 per cent bonds dated November 2 1914 with annual maturities 2000 from 1915 to 1919 and 1000 from 1920 to 1984 inclusive. Lynn will receive bids until 10 a m November 2 for 196000 4 12 per cent registered bonds dated November 1 1914 issued to improve water supply with maturities through 1984.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Lynn
Lodge Grills Wilson as Massachusetts Gears for 1916
Senator Lodge assails Democratic policy and Turkish and Mexican policy while predicting a Republican landslide in 1916. He cites debt relief, tariff protection, and ship subsidies as priorities and urges neutral, honest conduct in foreign affairs. Samuel W. McCall signals another statewide bid with broad GOP backing.
MENTIONED IN THIS ARTICLE
Massachusetts
Samuel W. McCall
McCall
Lodge
Walsh
Herbert
Walker
Weeks
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