Money and Stock Prices in a Changing Money Supply
The column argues that money availability drives stock prices, with high cash relative to loans preceding rallies and tight money preceding declines. It cites Comptroller calls over ten years, highlighting 1902 to 1912 patterns, the 1907 panic, and the need for a restored cash position before a new bull market can begin.
MENTIONED IN THIS ARTICLE
United States
IOS
Bond market shows uptick amid improved tone
The bond market reports increased activity with modestly better sentiment for United States government bonds. Trading data include quotes across multiple bond series and maturities, noting totals and comparisons to prior periods and year-ago levels.
Calendar for today dividend dates and book closures
Calendar item shows books close and open dates for various companies. Continental Oil and Delaware & Hudson listed with payment dates in December. Annual meeting noted for Continental Telegraph and special meeting for Ala Gt South. Payable to holders of record on specified dates.
MENTIONED IN THIS ARTICLE
Trust Department
Department of Mortgage-Certificates
Sm & Ref
Continental Oil
Delaware & Hudson
Std Oil of
Ohio
Continental Telegraph
Ala Gt South
Copper production figures and corporate leadership changes
The note records Consolidated last month copper output at 8,000 pounds versus 4,441,600 in September and 50,740 in October 1912. It lists new directors for the Laconia Car Company and copper-output figures for Chino. It also mentions Albion B. Tucker elected president of United States Metal Products Company and Dartmouth Manufacturing approving a $900,000 stock issue, bringing total to $2,000,000.
MENTIONED IN THIS ARTICLE
Current
Chino
Hepe
United States Metal Products Company
New York
Albion B. Tucker
Turner, Tucker & Co
Dartmouth Manufacturing Company
Bond Market Notes and City Bond Sales Details
Stamford sells 30 000 5 percent 25 year public bonds to R L Day Co with various bidders listed. Woonsocket and Rippey Co report loans and sales. Santa Monica first lien improvement bonds offer city property value details. bonds priced near 934 with first payment next January and notes on mortgage fractions and cash valuation standards.
MENTIONED IN THIS ARTICLE
Stamford, Conn
R. L. Day & Co
Hincks Bros. & Co
Curtis & Sanger
Estabrook & Co
Blodget & Co
Merrill, Oldham & Harri Corns
Vorbes & Co
E. H. Rollins & Sons
Spitzer
Rorick & Co
Rippey & Co
Santa Monica
California
Industrial Trust Company to be Formed in Boston
Papers will be filed soon for a new trust company named the Industrial Trust Company. The Boston banking institution will have capital of 500000 dollars and a surplus of 250000 dollars. Location is not yet finalized.
MENTIONED IN THIS ARTICLE
Industrial Trust Co
The
Industrial Trust Company
New Boston Banking Institution
Dividends Declared By Several Companies This Quarter
Central Leather Company declares 13 percent on preferred stock payable Jan 2 with Dec 4 record date. American Chicle Company issues monthly 6 percent on common with Dec 20 record. East Mahonoy Railroad Company posts semi annual 2 1/2 percent payable Dec 15 to Dec 4 record. Acme White Lead and Color Works offers 1 percent on preferred and 25 percent on common with record Dec 20. other firms announce regular quarterly dividends on preferred and common stock with various pay dates and Dec record dates.
MENTIONED IN THIS ARTICLE
Central Leather Company
Fompenien
Wenn Acme
Sud
Arti Aoulacompany
Stock Prices Rise Across Markets in Early 1913 Trading
Total sales in New York reached 206 200 shares and Boston 19 373 with steel common leading in New York at 44 800 and Alaska Gold in Boston at 2895. Year to date totals show New York 76 929 200 and Boston 4 938 570 shares, down from the prior year. Major gains include U S C I P F pref in New York and Calumet Hecla in Boston, while West Air Brake and Fitchburg pref show losses. Call money ranged New York 2 3 4 to 3 3 4 percent. Boston 3 1 2 to 4 percent. Time money in New York 4 3 4 to 5 1 2 percent. Boston 5 to 5 3 4 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Alaska Gold
West
Air Brake
Calumet & Hecla
Fitchbure Pref
Tel & Tel
Beth Steel
Brunswick
Bklyn RT
Chee & Ohio
Cm& SP
China
Bae Atm
Col South
Erie
Goodrich BF
Goodrich
Nor Pf
Nor Ore
Guy'h'm Exp Co
Til ‘Eutral
Ins Cop Co
Int
Harvester
le Valley
York
Sub-Treasury
H&h
T& W
Nor & We
New York Market Opens Higher on Light Volume
The New York market shows a tentative improvement with gains up to two points in top prices. Activity increases over yesterday but remains not large as forenoon trading gives way to stagnation. London buying aids the rise while Canadian Pacific buys from Berlin, and fear of a Mexican tangle shapes sentiment.
MENTIONED IN THIS ARTICLE
New York
London
Berlin
Canada
Sub-Treasury
United States
Market bulls push Boston list higher on New York cue
Local traders followed the bullish tilt from New York with aggressive buying. Amalgamated, Butte & Superior, Steel, and Alaska Gold led gains as publicity on Steel Corporation affairs boosted sentiment. Copper prices fell to 15 cents for Dec and Jan but drew little interest. Volume reached 14,373 shares, up 28 percent, with a fairly active close and firm tone.
MENTIONED IN THIS ARTICLE
Boston
New York
Amalgamated
Butte & Superior
Steel
Alaska
Steel Corporation
Massachusetts Electric Preferred
United Fruit
New Haven
American Telephone
New York Stocks Don’t Miss Van Loons Comic in Post Sunday
A note in the New York Post invites readers to see a full page Van Loons comic in next Sunday’s edition. The feature is described as humorous and presented in dour colors.
MENTIONED IN THIS ARTICLE
van Loons
Groundfish Arrivals at T Wharf Stimulate Price Decline
Fresh groundfish arrivals numbered 29 schooners and one beam trawler at T wharf. Prices fell as market flooded with haddock, cod, hake, pollock, and other groundfish. Notable vessels include Swell and Commonwealth with new catches. The Commonwealth reported its fourth trip, hailed by Captain Frank Watts for a lucky crew.
MENTIONED IN THIS ARTICLE
T Wharf
Haddock
Cod
Twr
W. H. Clement
Georgiana Florida L
Enos O. Sears
Gracie Freeman
Ee J. Parker
F. Atwood
F. Prescott
Commonwealth
Tl. Grueby
H. ‘Thomas
Goulart
Vanessa
R. Dorothea
T. Gorton
Ce Tarriett
Goodspeed
Cape Shore
Frank Watts
Manchester
Boston
Cape Race
Liverpool
Shipping News: Vessel Movements and Towing Brigades
Maritime notices list steamers and tugs sailing to and from ports including Antwerp Halifax Newburyport and Portland. Multiple towing barges and vessels such as the Charles T Gallagher Irvington Lehigh and Mercury are reported alongside schooners Annie and Grace A with handling by ships from Bristol Boston and Norfolk.
MENTIONED IN THIS ARTICLE
Kennebec River
Charles T. Gallagher
Pierce
Portsmouth
Win II
Pillsbury
Swimm
Lyon
Lehigh
McGoldrick
Rockland
Cuba
Bartlett
Sewall's Point
Fall River
Joseph O'Riorden
Freeman
Newburyport
Win
Also Mentioned on This Page
Kidder
Devonsa
Boston Inve
Peabody & Co
Stment Securities
Foreign Exchange
Letters of Credit
Baring Brothers & Coo., Ltd
Evers
Kansas
Navy
Morgan
Ike
Januarv
Philadelphia Market
Comptroller
Chicago
Amperican
Booth Fisheries
Canal
Chicago City
Raiways
Edison
Raiway
Chicago Railways
Eric Maryeer
Kansas al Ae Wits
Kansas City Light Pie National Carbon Pon du
Pneumuntic Tool
Quaker Oats
Sears-Roebuck
Swift & Co
United
West Stone
Ootga Ag Union Carbide Is
Oon
Chicago City Railways
Ogden Gas “S
Prenmatte Tool i
South Side
Asken
Amys
Phila Co
Phila
Tonopah
Tokyo
Mil& St Pertinw
s-Brown
Bros Coctis
H&p
Nyc
North
Pacines
Distillers
Toby
Ry & N
L&esf
Tien
L& SF
Metican Petrol
Sreses
Saintenea S
Mina & St
C & Alton
C Wellows
Virginian Ry
Wabash
West Maryld
Mt Ba
West Shore
Vy AgAlOst
Pevitte
Bat & O
Beth Steel AB
Bélya
Union Pac
Centra
Pms
Aol
Liggett & M
Cen Pacific
Bk H&n
Villadelphiia
Congress Street
Philadelphia
Pittsburgh
the Associated Trust
Milk St
H. Blanchard
Federal Light and Traction Company
William C. Endicott
Donald M. Hill
2. Hill
Prp
W. Whittemore
Rk. T. Paine, Jr
William H. Hill
Laconia Car Company
Woonsocket, R. J
Bond & Goodwin
First National Bank of Boston
Blake Bros. & Co
Industrial Trust
E. of Providence
American Zine, Lead & Smelting Co
N. W. Harris & Co
Federal St
New York Market
Peoria
Eastle Pitts
Repl &S
Reading
Rock
South Pacific
Tenn Copper de Texas Co
Third Ave
Mee
Unie
Pacific
Wiley
UN Pacific
Butt Uscip
Itah Copper
Ely Consolidated
Goldfield
Kerr Lake Ate
OBE
AOI
Manhat Transit
Nevada Hills
Ipiasi
Stan Own
Stewart
Onopah
Volumne
United Cig
Ag Sors
Boston Stocks
T&t
Allouez
Ag Chem
Arizona
Atchison
Ad Gulf Pf
Bos Elevated
Bos & Maine
Bos & Prov
Butte Ballak
Butte & Sup
Cal & Arizona
Cal & Heela
Centennial
Hill Copper
Mergenthaler
Nevada
North Butte
Old Colony
Old Dominion
Shannon Teteace
Shattuck-Aziz
Shy
Superior Cop
Sup & Bos
Tamarack
Trinity
Union Land
U & Smelting
US Steel
US Stee Pt
Utah Cop Co
West End
West End Pt
Wolverine
Bay State Gas
Brit Col
Boston Fly
Butte
Hollinger
la Rose
McKinait Ag
United Verde Eixt
Close. Prey
Minneapolis
Duluth
St Louis
Kansas City
Vanaeae
Detroit Veteebesens
Old Colony Trust Company
Ola Glony Post Company
Court Street
Shipping News
Avi
Une
Bae
Noy
Dee
BRIG
Ipm
ATI Fi
Dow