Comeback in Earnings Boosts Major Railroads Outlook
The Standard Rail editor surveys five large roads including Baltimore and Ohio Chesapeake and Ohio and Illinois Central as they resume dividends after lean years. It notes B&O a 5 percent yield since 1915 and a hoped 10 percent common stock gain next year. It highlights Chesapeake & Ohio’s earnings surge and note on five-year note restrictions.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
Chesapeake & Ohife
Hawley
Chesapeake & Ohio
Bonanza
Firm tone in dull market reports stock activity
Total sales New York 316 300 shares and Boston 39579 shares. Most active issue in New York steel 21800 shares. Most active issue in Boston Shattuck Arizona 11800 shares. Cumulative sales for 1915 to date New York 156 695 400 shares Boston 10 899 579 shares. Year ago totals New York 46 500 900 shares Boston 3 268 807 shares. Largest New York gain Delaware Lackawanna and Western 9 to 238. Largest New York loss Mackay 3% to 82. Largest Boston gain Atlantic Gulf pref 134 to 47%. Largest Boston loss Boston and Providence 5 to 230.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Shattuck-Arizona
Delaware, Lackawanna & Western
Mackay
Atlantic Gulf Pref
Providence
St Spring
Rock Island
Bay State Gas
Rock I Pf
Bingham Mines
Weesseees
St Lou & Sn F
Boston & Si
Sl& SF
Braden
Pfeee
Butte & L
Seaboard Air L
Butte & N Y
Sears-Roebu
Calaveras
Cal & Corbin
Cal & Mont
Arizona
Studebaker Ee
Cortez
Davis-Daly
Texas Pacific
First National
the Texas Co
Fortuna
Third Ave
Germany
Goldfield
Gold Lake
UN Bay
Humboldt
Union Siti Ie
Uscip&f
U S Red & Ref
U S$ Steel Beens
U S Steel
Utah Copper
Truro Steel
Utah Metals
Virirc&c
Venture
Ry & P
E Gons
Eves
West Union
Chicago
Wil-Overland
Wis Central
Minn Duluth
St. Louis
Toledo
N.Y
Perfunctory New York stock market with selective gains
Trading in New York shares was dull and minimal with 388000 shares changing hands. Automobiles and war issues led modest advances while Bethlehem and U S steel saw little activity. Gold imports and strong London exchanges supported a cautious market.
MENTIONED IN THIS ARTICLE
New York
Crucible Steel
Lackawanna Steel
American
Baldwin
United States Steel
Bethlehem Steel
Central Leather
Canadian Pacific
Union Pacific
Northern Pacific
Erie
Rock Island
England
Bank of England
London
Scandinavian Exchange
U. S
Louisville and Nashville Earnings See Small Loss Despite Cost Cuts
New York equity observers note Louisville and Nashville earning a slight dip in the first quarter of the fiscal year while net carriages rise 31.8 percent due to lower operating costs. The carrier remains sound physically and financially, with dividend restoration tied to South recovery. Most other lines face limited dividend prospects as rates and capital regulations curb large payouts.
MENTIONED IN THIS ARTICLE
Chesapeake & Ohio
Chicago, Milwaukee & St. Paul
Pacific Co 1T
St. Paul
Great Northern
Northern Pacific
Illinois Central
Pennsylvania
Harriman
Louisville & Nashville
South
Boston Market Notes on Copper Boom and Dividend Shifts
The Boston market reports mixed small price changes amid a metal boom with copper hitting new highs abroad. Copper’s strength boosts copper miner earnings, prompting dividend increases from Old Dominion and Shattuck-Arizona, with Quincy Mining issuing a $2 quarterly payout. Several stocks eye New York listing, while Waltham Watch trims preferred dividends but plans restoration as business improves.
MENTIONED IN THIS ARTICLE
Boston
New York
London
Old Dominion
Shattuck-Arizona
Quincy Mining Company
New York Stock Exchange
Chili Copper
American Zinc
Chandler Motor Stock
Hornblower & Weeks
Waltham Watch Company
New York Curb Commonwealth Power Railway's Ten Months Revenue Rise
Commonwealth Power Railway and Light Company reports ten months gross of 11 million six hundred fifty thousand eight hundred eighty four dollars, up 1.49 percent from last year. Net earnings rise 2.90 percent to 6 million twelve thousand nine hundred sixteen, with dividends balance up 1.19 percent to 941 thousand five hundred forty six.
MENTIONED IN THIS ARTICLE
Commonwealth Power Railway & Light Company
Boston Stock Exchange Bond Prices Report
Boston market report lists high low and closing prices for securities on the Boston Stock Exchange with comparisons to the previous close. Bonds are highlighted in the daily price rundown from November 23.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
United States
Stock Exchange
Bond Market Surges In New York Pinch Hits Major Issues
Activity and cheerfulness marked the bond market with strong dealings in New York City issues. Major names include Baltimore & Ohio Chesapeake & Ohio St Paul Rock Island Northern Pacific and New York Railways with Hudson Manhattan income 5s and Mercantile Mar 44s among notable listings. Total sales reached 5 208 000 compared with 5 758 000 yesterday and 6 037 000 a week ago.
MENTIONED IN THIS ARTICLE
New York City
Baltimore & Ohio
Cheasapeake & Ohio
St. Paul
Rock Island
Northern Pacific
New York
Hudson & Manhattan
Mercantile
Copper market surges in London as American producers lift prices
American copper producers push electrolytic quotes to £ 98 1-2 in London, highest since 1907, with overnights up £ 11-2. February and March deliveries rise in value, and copper sells around 20 cents a pound for early 1908. The week ends with a strong trade balance of $58.49 million and exports near $58.0 million against $57.99 million in the prior period.
MENTIONED IN THIS ARTICLE
Mil&St P
Montana
Pwr
Miwa P-C
Rae Mt
A & Puget d
Brown
Mil & St P
Eee Bros & Co
Dfs iv
Mo & E Yh
Vane Cri&p Gui
NASA
Patie
Air
Trust
Nyc
Sublent
Col Industrial E Am, Ag
Saeaeike, Col & So
Serene Cort
Hide & L
Armour & Co
At& SF
W&bos
N . W&bos
Peanes
Ecane Ok
Ve & Binth
A . & F-Trans
A &W
Erie
Seah & A
Pacific
Atl
Pee Erie Gallien
Baldwin Ioep
Owewee
North Pacific
Balt & Oplgate
Erie Cvt
Ser
Ontario Power
Balt & A
Seeree
Pacitte Té& T
Granby
Basia
Falls Pwr
Penn
Penn Con
Great Nor
Hud & Man
Republic
Cen & C St L & N O
B. Steel
Indiana
Mer Bane
Os, Trust
London
London Metal Exchange
Vanderlip outlines American International Corporation plan
Frank A. Vanderlip of National City Bank explains a new American International Corp to build a world market for U S products with 50 million capital half common stock half managers shares. Management by Charles A Stone and strong U S banking ties aim to finance foreign ventures and attract American investors while expanding international trade.
MENTIONED IN THIS ARTICLE
Frank A. Vanderlip
National City Bank of New York
American International Corporation
National City Bank
Charles A. Stone
Stone & Webster
Boston
America
Vanderlip
United States
Europe
W National City Bank
National City Company
Bond Market Notes Fall River and Waterbury Bid Dates
Fall River Massachusetts invites bids until 10 a.m. on November 27 for 50 000 four percent water bonds and 30 000 five percent highway bonds. Waterbury Connecticut set bids due at 5 p.m. on December 20 for 300 000 four and one half percent sewerage bonds dated January 1916 and due 1946.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Waterbury, Conn
P. m
Also Mentioned on This Page
Kidder, Peabody & Co
Devonshire St
Wall
Boston New Y
Foreign Exchange
Letters of Credit
Baring Brothers & Co., Ltd
Baltimore & Ohio Reporting Rec
Louis
Ville & Nashville
Richardson, Hill & Co
Congress Street
Chicago Board of Trade
New York Cotton Exchange
Maxim Munitions Corporation
J. Robinson Duff
Broadway, N. Y
Hopkins & Allen Arms Co
Champion Copper
A. M. Cripps, Tress
Copper Range Company
Copper Range Consolidated Company
Frederic Stanwood
Reston
Bankers
New York Providence
Detroit
Maxwell Motors
New York Market
Alaska
Smelt & R
Am Smelt & R Pf
Am Steel Fdry
Am Tel & Tel
Tobacco
Associated Oil
At&sf
Baldwin Loco
Ohio
Bklyn Rie
Brunswick Naar Tty
Butte & Paperie
Cal Pet Corp
DOO Cal Pet Corp Pf
Can Pacific
CM & BP
Cm&sp of
Chi RI & Pac Ry
Corn Table Co
Sug Co
DL & Peuees
den R G
Fed M & S
Goodrich
Greene-Cananea
Inter
Agr Corp
Inter'l Nickel
Kan City
Lehigh Valley
Long I Island
Louis & Nash
Maxwell Motor
May Dept Store
Nor & West
Ins Nor Am
Pacific Mail
Philadel Co
Aris
Kennecott
Butte & N
Cerro de Pasco
Ag&wi Meuetee
Ag&wipf
Driggs-Seil
Manhattan T
Arcont
Midvale
Midwest
Riker
Utah
Standard Oil
Anglo Am Oil Sane Eter
Buck Pipe Bee E
Dale Eae
Boston Stocks
Swift & Co
West T & T Bs
Ahmeek
Tay
Butte Al-Beott
Butte Ballak
Butte & Supessen
Cal & Arizona
Cal & Hecla
Chino. Ergy Ees Ceres
East Butte
Edison Elec
Isle Royale
la Salle
McElwain
Maine
North Butte
Old Colony
Osceola
United Fruit
U S Smeltin
U S Smelt Pacred
US Steel
US Steel 11578 11584 1158 1158 57 0S Steel Pf
Utah Apex Cyneeee
Utah Co
Ventura
West Enspesee
West End ‘Pf
Western Union
Dha
Winona Pevavss
Ens
Close
Aities Oesus
Liverpool
Prev
Eaeed
Pape Sener
Dls
Riv & Wu
Peoria & Eino
Public Sofn RR
Ry Steel Spr-Ir
Ocean
Ray Contee
Aol
Larg
Lake E
Touthe
Liggett
Lorillard Co
Belstand
Texas
Non Ray
Att Union Pacerfig
Toe
Valron C&c
Seewee
Balt OS
Beech Creek Egeeee
Beth Steel
Beth Coeget Steel Ag
Bklyn Rap
Bklyn
Bklyn Tin Gas
Bush
Bs Canada
Bor
Garnet Peenee C ‘&East Ill Nee Eee Trust Cie
Gt Western
Mont San An
Seab
Aimee
Paci
Ate
HL & N
Ots & P
Money Markets
Federal Reserve Bank
New York Funds
Eae
Nee -Treasury Credit Ae
Sub-treasury
Sub
Treasury
Metal Markets
International Corporation
G. W. Field & CO
Boston Curb Exchange
State ST
Tonopah
Jones & Baker Stock Brokers
Devonshire Street
Fort Hill
Philadelphia
American Public Utilities Co
Kelsey,Brewer & Co
Michigan Trust Ridg
Grand Rapids
Michigan