Wall Street Summary of Trade and Prices
Total sales across New York and Boston show 614 600 shares in New York and 33 545 in Boston with Reading leading New York issues at 159 800 and Amalgamated Copper top in Boston at 4211. From Jan 1 1912 to date New York totals 101 903 100 shares and Boston 9 311 885. Greatest gains Woolworth New York 2 percent to 115. losses Wheel & Lake Erie Ist ptd New York 234 to 3354. Calumet & Hecla Boston 2 to 592. Bos Sub Elec pfd Boston 3 to 75. Call money New York 5 percent to 534 per cent and Boston 5 to 6 per cent. Time money New York 5 to 534 percent and Boston 5 4 to 6 per cent.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Amalgamated Copper
Allouez
T & Tel
Arizona
Bos & Maine
Bos
Tte & Su Ween Ee
Lessee Ee Ae Eee
East Butte
Edison
Fitchburg
Pf Ten Eee
Set Eee
Girou Ween Enews
Granby Eeee
Cette Ewne
Nevada
North
Teenee
Utah
Lh Cop Co
Eteee
Wolverine
Reading Helps Wall Street Near Record Amid Turbulent Markets
Reading shares led gains with a midday rise of over two points amid persistent rumors of segregation while United States Steel climbed after September tonnage records. Overseas markets and arbitrage offerings from Berlin and Paris influenced prices as Grangers and related stocks recovered late in the session. Local bank liquidity remained tight and bonds stayed buoyant with sales around two million dollars.
MENTIONED IN THIS ARTICLE
New York
Reading
American Can
United States Steel
London
Berlin
Paris
United States
Inspiration Stock Leads Boston Market Rally on Oct 10
Local market notes Inspiration stock advancing to a new high of 21 amid heavy sales. Amalgamated North Butte and Franklin also rose, Franklin near 10 after Dow failure news. Local houses reported a plan of management and policy expected to benefit stockholders.
MENTIONED IN THIS ARTICLE
Boston
Amalgamated
North Butte
Franklin
Curb Exchange Sees Raven Copper Lion Hill Mexican Metals Trade
Raven Copper moved from 27 to 32 cents closing 31 as Lion Hill stayed 92 to 94 cents and Mexican Metals rose 12 to 65 cents with detailed fluctuations listed.
MENTIONED IN THIS ARTICLE
Raven Copper
Lion Hill Consolidated
Mexican Metals
Raven
Lion Hill
Bond market notes
Boston Athletic Association sold to Parkinson & Burr a 325000 four and one half percent first mortgage sinking fund bond issue. Quincy awards 150000 four percent fund loan 1912 bonds dated Sept 3 1912 payable 15000 annually 1912 to 1922. New England Telephone Telegraph sells 10000000 two year debenture six percent bonds to Kidder Peabody & Co.
MENTIONED IN THIS ARTICLE
Boston Athletic Association
Parkinson & Burr
Quincy
Mass
Lee, Higginson & Co
New England Telephone & Telegraph Company
Kidder, Peabody & Co
STATE STREET TOPICS ON INDUSTRY AND FINANCE TRENDS
The article notes a 388000 ton rise in unfilled Steel Corporation tonnage for September surpassing forecasts. It cites August and July gains, 145 percent since 1911, and records a large historic volume excluding intercompany business. It also reports a new $10 million debenture by the New England Telephone Company and a strong earnings surge for Western Union after its telegraph affiliation. It discusses prior declines and current rehabiliation efforts, plus Atchison’s record gross earnings and improved outlook despite modest net gains.
MENTIONED IN THIS ARTICLE
Steel Corporation
Intercompany
Western Union
Telephone Company
Central Vermont Railway Posts Year End Figures
Central Vermont Railway reports gross for the year ended June at 4 435 832 up from 4 337 644. The surplus after charges stands at 12 2 versus 92 251 in 1911. Dorchester Savings Bank shows deposits at Oct 9 of 1 192 100 up from 997 000. Atlantic Coast Line directors approve a 6 000 000 stock increase with par subscription for 10 of current holdings. Iron Cap Copper plan attracts over 1250 blocks of stock. President Knight departed for Globe Arizona. Godfrey Hyams wins injunction restraining Old Dominion Copper Mining from paying dividend from 2 500 000 judgment.
MENTIONED IN THIS ARTICLE
Central Vermont Railway
Dorchester Savings Bank
Atlantic Coast Line
Iron Cap Copper Company
Mr. Knight
Globe
Arizona
Godfrey Hyams
Old Dominion , Copper Mining & Smelting Co
New Jersey
A.S. Bigelow
Dividends Declared by Various Corporations
Dorchester Savings Bank pays semi annual 2 percent dividends on Oct 10. Electric Bond & Share Co. declares regular quarterly 11 2 percent preferred dividends payable Nov 1. Pacific Coast Co. announces quarterly 11 4 percent first preferred 11 2 percent second preferred 11 2 percent and common dividends all payable Nov 1. Fall River Gas Works (Stone & Webster) declares quarterly 3 dollars to stock of record Oct 9 payable Nov 1. Diamond Match Co. offers regular quarterly 11 2 percent payable Dec 16 to stock of record Nov 30. Mexican Telephone & Telegraph Co. regular semi-annual 2 1/2 percent preferred payable Nov 1 to stock of record Oct 14. St Louis & San Francisco Railroad Co. quarterly 1 percent first preferred payable Nov 1 to stock of record Oct 1.
MENTIONED IN THIS ARTICLE
Houghton County Electric Light Company
Houghton
Michigan
Io Anoum
Houghton County Electric Company
Dorchester Savings Bank
Electric Bond & Share Company
Pacific Coast Company
Fall River Gas Works Company
Stone & Webster
Diamond Match Company
Mexican Telephone & Telegraph Company
St. Louis & San Francisco Railroad Company
Grain Markets React to Crop Estimates and War Turmoil
Bearish market tone followed unexpectedly large crop estimate increases with some offset from higher continental grain prices and Balkan war uncertainty. Wheat futures opened lower and closed mixed. corn and oats showed weak to down closes as investors weighed supply signals and regional price shifts.
Money Markets Hold Firm Amid Crop Moving Peak
The money market shows steady firmness as crop-moving peaks. Yesterday New York call money ranged from 1/2 to 3/4 percent, mainly 1/2. Time rates varied from 1/2 to 3/4 percent for 90 days and five to six months, with shorter and longer maturities cited. Current local money rates and foreign exchange quotations followed.
MENTIONED IN THIS ARTICLE
New York
Assignee Williams Issues Dow Assignment Report
Assignee Williams presents the Dow & Co. statement on Sept 23 1912 detailing assets and liabilities of Stephen R Dow and Edmond M Poulin. The report cites 142 169 82 in assets and 520 160 56 in liabilities with notes on collateral and potential realizable value of furniture and customer balances. It blames speculative accounts in 1910 1911 under Poulin and Dow as main causes of failure with Dow held responsible for stock market manipulation and margin shortfalls.
MENTIONED IN THIS ARTICLE
Stephen R. Dow
S. R. Dow & Co
Stephen R. Dow & Co
Edmond M. Poulin
Poulin
Mr. Dow
Rene Seeeeneaee
Seleith Wat
Boston Stock Exchange
Boston Stock _ Exchange
Mooi US
OURO
Dow
Metals market notes copper and tin fluctuations
METAL MARKETS report Oct 10 shows copper dull with bids around 17.25 to 17.30 for nearby months and 17.62 to 17.87 for electrolytic. Tin stays dull near 49.97 to 50.12 spot with nearby futures easing. London close steady with spot £77s and futures £78 28 64. Egyptian-style tonnage not involved.
MENTIONED IN THIS ARTICLE
Atlanta
Chai Fer Buffalo A
Mason Val
New Hills
North Ven Tr
Maynard
Ecooksons
Tron
Strong
Northern
Nouthern
Southern Soft
London
Coor Close
Cleveland
Calendar for Today Ex-Dividend and Bond Closings
Lists closing and opening dates for several securities including Ex-Dividend U and Rubber.com preferred stock. Notes book closures for Manhattan Railway mortgage, St Louis and San Francisco mortgage, Toledo, St Louis and Western mortgage, and Wells Fargo mortgage. Indicates books open for Boston and Maine and Great Northern Railway and Norfolk and Western mortgages.
MENTIONED IN THIS ARTICLE
Manhattan Ry
Mtg
St. Louis
San Francisco
Toledo, St
Boston & Maine
Great Northern Ry
Norfolk & Western
Wells Fargo
Bond market sees irregular action in key issues
The bond market shows irregular trading with focus on Atlantic Coast Line four percents Green Bay and Western B series Copper sixes and Wabash Pittsburg Terminal four percents. United States government bonds are noted in the same market report.
MENTIONED IN THIS ARTICLE
Atlantic Coast Line
Green Bay & Western
Wabash- Pittsburg
Cotton Markets Hold Ground After Holiday Trading
A lack of willingness to carry short cotton into the Saturday holiday kept futures near steady. Following an early sharp selling movement, prices rose about 15 to 16 points from the day’s low and roughly 10 points above yesterday’s close.
Archbold Admits Most Hearst Letters Authentic
Washington Oct 10 Archbold testifies before Senate committee on campaign letters between Archbold and lawmakers. He says most letters were written by him and they include notes to Hanna Foraker Quay and Penrose. Hilles and Perkins discuss Roosevelt campaign costs possibly reaching 2 million dollars and Harvester money.
MENTIONED IN THIS ARTICLE
Washington
William R. Hearst
John D. Archbold
Standard Oil Company
House
Senate
Archbold
Roosevelt
Oyster Bay
Senator Bourne
White House
Africa
Hearst
Hanna
Foraker
Quay
Penrose
Sibley
Pennsylvania
Grosvenor
Ohio
Republican Campaign Fund
Cornelius N. Bliss
H. H. Rogers
Charles D.” Hilles
Republican National Committee
Clapp
Harvester Trust
George W. Perkins
Dixon
Hilles
Senator Foraker
M. A. Hanna
Senator Quay
Theodore Roosevelt
Senate Committee
Chicago
Mr. Roosevelt
Boston University Rally for Wilson in Massive Demonstration
About six hundred students filled a Boston University rally supporting Wilson. Bull Moosers were pressured to stay quiet or leave as speakers attacked Roosevelt and urged voting the Democratic ticket. BE. W. Lord, ex Roosevelt secretary, and Professor Dallas Love Sharp criticized Roosevelt’s policies and called him unmanly and corrupt.
MENTIONED IN THIS ARTICLE
Boston University
Teddy
Philadelphia Market Bid and Ask Snapshot
Market notes show mixed bids and asks for Philadelphia area securities. Prices range across rail and utility issues with varied percentages and percentages quoted for multiple companies and bonds.
Also Mentioned on This Page
Atchison
At&sf
Atl
At& SF
East
Cm&sp
CNW
Sweer
Erie
Goodrich
Lackawan Steel
Lehigh Valley
Liggett & Mey
Looge-Wiles O
Louis Nash
May Dept Store
May Pt . Pf
Miami
NH & H
Pacific Mail
Toe Nor& Sewnee
Eseenee Ee
Fele
Semere
Pitte
Sereemer
Icksilver Rr
Y St Spa
Rock Island
Seeee
Ooo Tenn
Texas Co
Olay & Let
SL & W Pf
United
Vie C&c
West Shy
West Unie
W & Fo
Sa and Colworth Co
Boston Stocks
L.B
Library Bureau
Federal St
Fort Pan
Canada
American Public Utilities Company
Kelsey, Brewer & Co
H. L. Nason & Co
Congress St
Apsley Rubber Co
Eeeers Apaley Ru
Wilcox
Dyads Vsihers HS Cacdie
Borden's
Nat Bank Nhypi
Fitch & Leominster
Mamchusets Otton Mills Ee
Eee
Peer
Die Ies
Pacife Mills
Pere Marquette
Sree Et Ewe
Fesuehs
Union Typewriter
Utica
Ena & Sus
Ate
Utta Mills
Adirondack Elec Pwr
Birm & At
Burlington Gas
Canton
New Philadelphia
Indiana, Col & East
H, Syr & E
Swift & Co
eSix-divid
Elee Pwrcom
Oeorervereenes
Alaska
Amal-Nevada
Bingham Mines
Bay State Gas
Boston Ely
Brit Col
Butte Central
Butte & London
Cactus Veene
Calaveras
Erneere
Corbinee Pie
Cortez Eetenewe
Davis Daly
Bio Rt Smok Develeee
State Street
New England Telephone Company
Marconi
Butte & New York
Consol
Davis Daly Oene de
el Paso
Ely Consol
Penn Textile
Wettlaufer
Braden Co
Minneapolis
Duluth
Kansas City
Cseseees
Toledo
Detroit
Money Markets
Ee Sap
Boston Clearings
New ‘York
Eeerveessee
Reichsmarks peeBcagesawesws
Guilders Free
Williams
Stock Exchange
den & RG Rig
Ag & Www
Tee
North Pacific
Siling
du Pont de
Chew S Bros & Co
Penn Gtd
Nyc
Boise
Enews Ba
P & Kcsl
PM & M
Sen
Boia
Chicci
Ates Ovis
T&t
Iowa
Guy-So
Southern Rmicel EN
Este
Souther
Take 3 48 1928 Third Av Con 4S Trust Co
Balt & O Swn
Sei, & N Gal
Bethish
L&n-Pad & M
St L
Bklyn U Gas
Sotvees Seers
Elec Cal Gas & Elec
M Inc
Ietiis Cen
C & Alton
CB &Q
Vera C & P
Mil & SP
Erie & W
Wabash Ridges
Weenee
Central
Columbr
Onis
West & B
Westehee Ae Fee & West
Ind
Norf & W
Ccc&s
Ldb
den & RG
Metal Markets
U, & Rubber. Com
Pfd
Peter Eewne
Iain
Werner Ee
Wees Dan
Bliss
Pomerene
Standard Oil Company of
Mr. Archbold
McKinley
H. M. Bilsby
George M. Reynolds
Julius Rosenwald
Max Pam
J. A. Patten
J. G. Shedd
Henry Siegel
J. E. Otis
Max Hart
A. G. Becker
Fred S. James
Perkins
RALLY
Wilson
Chicago Market
Ti & T
Ask
Swi & Co
West Stone Street
Morris
Philadelphia Market
Phila Co
Phil Co Pf
Phil Rp
Wi& Seah
Hi&peo
Rys Col
Pom &E
Antes. Am Cem
M Rys