Telephone Dividend Analyzed for New England Investors
The editorial splits the American Telephone Company’s appeal for New England investors, notes tax exempt status and wide holding, and explains how parent company earnings from subsidiaries affect dividend reliability. It discusses rights offerings, price movements between 131 and 153, and the potential for greater net earnings through consolidation and outright acquisition of subsidiaries.
MENTIONED IN THIS ARTICLE
American Telephone Company
New England
Cotton Markets Show Steady Turn After Morning Selloff
Cotton prices recovered from a morning loss and closed nearer its previous level with a firmer undertone. Analysts estimate demand at 15 million bales amid large sales and strong American mill consumption, while crop forecasts tighten, signaling competition between mills and exporters for the crop.
Metal markets drift as copper steadies and spelter falls
In quiet trading at the metal exchange, copper holds steady while spelter slips five points. London’s close shows copper up 28.6 pence with 300 tons sold, lead and tin rise modestly, and futures mix.
MENTIONED IN THIS ARTICLE
London
Old Dominion Seeks Record November Earnings
Old Dominion expects a record earnings month with output and shipments of silicous ore to Bisbee and Cananea exceeding 3,000,000 pounds. The firm is said to be earning about $8 per share now. West End Street Railway directors reelect. 4400 shares to be auctioned. Old Colony railroad authorized to issue 6300 shares via public auction. G C Jones and Freeland Jewett added to White River Railroad board.
MENTIONED IN THIS ARTICLE
Old Dominion
Bisbee
Cananea
West End Street Railway
Old Colony Railroad
G. C. Jones
Central Vermont Railroad
Freeland Jewett
Eastern Talc Company
White River Railroad Company
Phelps, Dodge
Phelps, Dodge & Co
North Butte
Bond Market Slump Dampens Turnover in New York Deals
The bond market was active and heavy with key movements in Atchison and Pennsylvania convertibles and New York Railways. Mixed results across United States government bonds show varied closings, while overall sales reached 2.26 million dollars, below the prior day and week, and year.
MENTIONED IN THIS ARTICLE
Atchison and Pennsylvania
New York
Market Bulls Regain Control Amid Weak Weekend Trading
The market recovered overnight from a European war scare and high call money, with bulls dominating at the opening. Volume was light at under 260000 shares as steel at 73 1 2 held, while Balkan war talk and Phelps Dodge dividend chatter stirred investor interest. Morgan Jr. returned from Europe.
Municipal Bond Awards Highlight New England Financing
Plymouth County Massachusetts grants a 50000 dollar temporary loan to F S Moseley and Co due April 10 1913 with other bidders including N W Harris and Co Blake Bros and Co and R L Day and Co Beverly Massachusetts sells 47000 dollars of four percent serial bonds to Blake Bros and Co amid bids from Estabrook Co Blodget Co Worcester North Saving Institution and others Melrose Massachusetts approves a 4000 dollar temporary loan with plans for 20000 due May 15 1912 and 20000 due June 12 1912 to Blake Bros and Co alongside Estabrook Old Colony Trust R L Day and N W Harris and Co
MENTIONED IN THIS ARTICLE
Plymouth County
Mass
F. S. Moseley & Co
N. W. Harris & Co
Blake Bros. & Co
R.L. Day & Co
Estabrook & Co
Beverly
Blodger & Co
Worcester North Saving Institution of Fitchburg
George A. Fernald & Co
Merrill, Oldham & Co
R. L. Day & Co
Curtis & Sanger
R. W. Bartlett & Co
Melrose
Old Colony Trust Co
Blodget & Qe
Calendar for Today Ex-Dividend Firms and Utilities
Calendar notes list ex-dividend actions for American Smelting and Refining, Del and Hudson, Quincy Mining. It also lists book openings for Kings County Electric Light and Power, National Lead, and West End Street Railway for meetings.
MENTIONED IN THIS ARTICLE
American Smelting & Refining. Com
del. & Hudson, Quincy Mining
Kings County Electric Light & Power
National Lead
West End St. Ry
Mtg
Changes in Call Rates Influence the Prices
Market summary notes total and regional share activity with New York and Boston totals. It lists greatest gains and losses in specific issues such as Canadian Pacific and West End Street Railway and provides call and time money ranges for New York and Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Butte & Superior
Canadian Pacific
West End St. Ry
Osceola
Wolverine
United Fruit
Erratic Money Market Moves Amid Call Loans Pulse
The New York money market showed volatility with call money opening at 9 percent then peaking near 12 percent before easing to 3 percent. Time rates firmed as funds remained tight, while the stock market steadied and some standard issues gained. Foreign exchange fell to two-year lows after a $500,000 gold import news. railroad earnings remained solid and bonds traded heavy with $2.23 million par value.
MENTIONED IN THIS ARTICLE
New York
Home Exchange
London
Atchison
United States
Boston Market Quiet as Call Money Rates Drift
The Boston market shows little movement with call money rates changing slowly. Only Butte & Superior attracted notable attention with 5085 shares traded and prices from 465-8 to 453-8, while listed and unlisted shares totaled 25 748, and overall trading dwindled to small figures as the session ended.
MENTIONED IN THIS ARTICLE
Boston
N Butte & Superior
Butte & Superior
Curb Market Activity with Bay State Gas Leads Decline
The curb market yesterday showed nominal activity led by Bay State Gas, slipping from 28 to 2 cents and closing at 27 cents. Other notable items included Butte Central, Nevada Douglas, Michigan Utah, and Calaveras, with detailed fluctuations noted.
MENTIONED IN THIS ARTICLE
Bay State Gas
Butte Central
Nevada
Douglas
Michigan-Utah
Calaveras
Alaska
Bingham Mines
Bohemia
Boston Ely
Bosnyocolo
Butte & London
Davis Daly
Money Market Rates Flip Between 9 and 12 Percent
Call money in New York yesterday showed extreme volatility with an opening at 9 percent, rising to 12 percent, then swinging back to 8 to 12, and closing near 5 percent. Time money firmed with 60 days at 6 percent and 90 days around 5 3/8 to 4 percent, four to five months at 5 1/2 percent, and six months at 5 1/4 to 5 1/2 percent. Local money and foreign exchange quotations followed.
MENTIONED IN THIS ARTICLE
New York
Grain Markets Lack Inactivity With Mixed Wheat Signals
Wheat showed limited activity with weak closing moves and scant short covering while corn and oats traded softer or unchanged. Visible US wheat totals rose by 3,334,000 while corn fell 328,000 and oats decreased 582,000 from year-ago figures. Regional quotes and receipts in Minneapolis, Duluth, and Chicago reflected uneven demand and higher foreign prices in Europe.
MENTIONED IN THIS ARTICLE
United States
Liverpool
Paris
Antwerp
Berlin
Budapest
Minneapolis
Duluth
Chicago
Manitoba
New York
Prey
Vane Gwe
Kansas City
Inventions and Discoveries Spotlighted on Science Page
The Science and Progress page previews upcoming Sunday Post features on inventions and discoveries. It highlights devices useful in daily life and offers illustrations of new ideas shaping everyday activities.
MENTIONED IN THIS ARTICLE
Science and Progress
Next
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Wall Street
Telephone
M Steer Nee
Metal Markets
New York, New Haven & Hartford Railroad Company
Higginson
Emer
Ri Am Smelting
K . Ft
S& Ma ' Ne
Kan City
L & SF SV
Am Tobacco
San A&a
Bess Sea
St L
Rfg
Bees
Bos Ant
Lake S
Tae
Seab Air Line
Liggett & Manes
Ews
Balt & O Pitts L
L & N At
Knox Dea
Va A . Cin
Balt &O Pitts
Mk&t
NY Air Bert & Eens
Conus
Pices
L& West
Ill
Union Pac Ue
CBS Q
Iowa
Nh&h
CM & &T Paul
Wabash Istes - Sparta
Telephis
Devones
Centra Tretfa Reha Sas
Wabep T
Ar Geet Bey A
Suet Co
Union Ade _ Ft
W & Rio G
Nyc
Adams Express
Gece Od Hen Co Ctfsilowa
L Swn
Res Pacific
North Pacific
Erie
Om Gas & Giec Be
Om &K
Union Pac
Yes
West & E Ist
Allis-Chalmers
Até
S F Gas
L&s Frig
Bklyn City Ry
MK &T
Nassau
Elec
Texas Co
Cri&peal
Vetere
State Street
Balkan
Balkans
Montenegro
Bulgaria
Prince of
Pilsen
New York Stock Exchange
Utah Copper
Nevada Consolidated
Utah Copper Co
Pro Oe Ures
Couthtinnes
New York Market
Texas Pacific
Third Ave
Tolly & Light
Union Pacific Sane
United Cigar
U S Alcohol
Uscip&f
U S Steel
U S Steel Pfereene
Utah
Woolworth Co
Woolworth Pf
Ambs&fpf
Cot Oi
L Seed
Smelt & A
At& SF
At& SF Pf
Atl
Baldwin Loco
Pfeer Seers
Ohio
Beth Steel
Seenese
Bklyn RT
Butterick
Cal Pet Corp
Cal Pet Oe
Can Pacific
Cm& SP
Fed M & S Pf
Gen Motor
Goldfield
Goodrich BF Co
Goodrich BF Pf
H’m Exp Co
Town Central
Lackawan Steel
Lehigh Valley
Liggett & Near
Lorillard Co
Louis
Brsg
Nor & Wes
NY State Rys
Nor Am
Nor Pac
Pacific Mail
Thess
Pac
Als
Penn
Pc&sc
Pitts Steel m
Ray Consol
Rock
South Pacific
Studebaker
Eanee
Boston Stocks
Am Ag
Tel & el
Arizona
Bos & Corbin
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Butte & Su
Butte Balla
Cal & Arizona
Cal & Hecla See Nee
Chino Eee
Kerr Lake
Mergenthaler Tees
Miami
Nipissing Ng
Ojibwa Eee Ee
Ees
Ene
Reece But Hole
Santa Fe Miscusa Die
Shannon Or Beveene
Shattuck-Ariz
Sup & Bos
Ie Ae
Superior Cop
Swift & Co
Tamarack
Torrington Ivee Ee
Torrington Pf
Trinity Ee
Tuolumne Orne Ewes
United Shoe
Eee
U S
US Steel
Utah Apex
Utah Consol
Utah Cop Co
West End
Winona
Wolverine Pets
Turner, Tucker & Co
Milk Street
Broadway
Ely
Utah Metals
United Verde
el Paso
Acod
la Rose
Manhattan
McKin
Nevada Hills
Money Markets
Reese
Sub-Treasury
Serene Eeeerees
Ererven
Eeereesenre
Eeeenee Eeeereenee
Reichsmarks Eeeeereee Guilders
Atlanta
Blue Bull
McKdar'h
Booth
Nipissing
Peterson L J
Comb Frac
Silver Leaf
Temiskam
Florence
Trethewey
Jumbo
Pearl Lake
M'Namara
Por Gold
Por Imp
Midway
Pres
Mizpah
Rea Mines
Montana
North Star
Alta Eevee
Res Eula
Beck Tun
Ton Bel
Central
Idaho
Chamber
Lwr
City Cobalt
Mason Vail
Cobalt L
I Coniagas
Crown Res
rinceCons
Opohongo
North
Rt Hargrave
Big Dome
Sil Kg Cin
Crown
Sioux
Dobie
Dome Ext
Tintice Cent
Philadelphia Market
Ask Am Cement
Ast. Phila Co
Am Rys
Do Pf
Camb Steel
ST of NJ
Tonopah
Ton Belm
Star Bat
Ir&St
H&b
J&seash
Lc&n
m&eSs
Pa Steel
S&m
Swift&Co
West Stone
Ask Armour
Edison
Chicago City
Rys
Hicago Telephone
BOS Morris
RTM
Ogden Gas
Steer
Eeve
Greater
P. W. Brooks & CO
Philadelphia
Consolidated Stock Exchange of
N. Y
Broad Street
St. Paul
the Securities Corporation
Sears Building
Megargel & CO
Is Ene
Pensacola Electric Company
Pensacola
Florida
Vpensacola Electric Company
Stone & Websper
Baton Rouge Electric Company
Baton Rouge
Louisiana
Baton Rogue Electric Company
Webster