Market advances lift stocks as copper plays lead
Prices move higher across New York and Boston with Steel Common as the most active issue. Trading volume surges about 95 percent from Wednesday as copper stocks like Reading Union Pacific rise. Bank of England rate shift noted, with bulls dominating and expectations of possible extra dividends in sight.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Inter
Rutland R. R
Calumet & Hecla
Sicel
Reading
Union Pacific
International Yester
Bank of England
Union
Amalgamated
Wickersham
Supreme Court
Local Market Picks Up Pace Amid Wall Street Rise
The local trading contingent followed New York operators, lifting both specialties and laggards as industrials and copper shares joined the upward movement. A brisk pace and renewed interest marked yesterday's market activity with gains across sectors.
MENTIONED IN THIS ARTICLE
New York
Evi
Canadian street railway bonds offered with stock bonus
Public utility investments appeal as Canada grows despite abnormal rates. A limited offering sells bonds of a street railway and power company under a long term franchise in a growing Canadian industrial city with a substantial stock bonus included.
Gossip of the Street Bank of England Rate Rise
The Bank of England raised the minimum discount rate from 4 to 5 percent amid prior shifts this year. The piece notes a pattern of changes since January and observes a coincidental one year ago move from 4 to 5 percent.
MENTIONED IN THIS ARTICLE
Bank of England
Market Report Bond Prices And Totals From Boston Market
The Boston Market reports stock and bond price movements for the day, with total sales and comparisons to prior close. Bonds section highlights price levels and trading activity across key issues.
MENTIONED IN THIS ARTICLE
Boston
Municipal Bond Awards Reach Massachusetts and Ohio
Watertown awards 8500 in 4 per cent drainage notes and 5500 in 4 per cent sewerage notes to E M Farnsworth at 108.08. New Bedford sells 88738.71 in 4 per cent bonds with staged maturities to E H Rollins at 103.777. Weymouth approves 10000 temporary loan to Blake Bros at 4.18 per cent. Cuyahoga County bids 300000 of 41 4 per cent bonds at 101.68 to Denison & Co.
MENTIONED IN THIS ARTICLE
Watertown
Mass
E. M.farnsworth & Co
New Bedford
E. H. Rollins & Sons
Weymouth
Blake Bros. & Co
Co. T. Denison & Co
Cuyahoga County
Ohio
Boston & Maine stockholders set Nov 2 meeting for new shares
A special meeting of Boston & Maine stockholders is called for November 2 to authorize the issuance of 1063127 shares to fund new equipment and property improvements. The note details a busy period of mining mill upgrades, ore discoveries, stock deliveries, and curb market activity across several companies.
MENTIONED IN THIS ARTICLE
Boston & Maine R. R. Co
B. W. Traylor
Traylor Engineering Company
Allentown
Penn
Boston- Idaho Mining Company
Smill
Dividend Declarations From Major Firms This Quarter
National Lead Company declares quarterly 18 4 percent on preferred stock with books closing Nov 18 and reopening Nov 23. Pullman Company announces quarterly $2 dividend with record date Oct 31 and payment from Nov 15. Cambria Steel and Plymouth Cordage announce quarterly dividends of 11 4 percent and $2 respectively with dates in Nov and Oct. United States Motor Company also records 18 4 percent on preferred with Oct 31 record and Nov 10 payment.
MENTIONED IN THIS ARTICLE
National Lead Company
Pullman Company
Cambria Steel Company
Plymouth Cordage Company
United States Motor Company
Locomotive Dividends and Sports Note on Jackson
Calendar for today lists dividends payable on American Locomotive preferred at 134 percent and books open. Jersey Central notes reading second preferred and Ex-Dividend. Jackson, the Cleveland speed marvel, is praised for bat and field as he moves around like Ty Cobb.
La Rose Consolidated Mines shows profit and record silver output
The La Rose Consolidated Mines Company reports for year ending May 31 1910 a profit of 943096 dollars, up from 421481 previous year. Silver yield hits 3170028 ounces, production cost 28.27 cents per ounce, average price 62.261 cents, vs 51 cents in 1909. An Oct 1 1910 report lists cash and ore in transit totaling 612691 dollars.
MENTIONED IN THIS ARTICLE
la Rose
la Rose Consolidated Mines Company
la Rose Company
Massachusetts Gas Tile Reports September Net Earnings Rise
Massachusetts Gas Companies subsidiary earnings for September total $177,488 up $20,236 or 12.87 percent from the prior year. August earnings rose $17,457 or 15.1 percent. Detailed September figures list Boston Con Gagé, New Eng Coal, New Eng Gas Newton, Hast Boston, Quincy, and Federal Coal among others with various year over year amounts.
MENTIONED IN THIS ARTICLE
Massachusetts Gas Tile
Massachusetts Gas Companies
Boston Con Gagé
Reseeree
New Eng
Seeesees New Eng Gas
Newton
Boston
Quincy
Federal
Csceeeereeeres
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