Increased Market Activity Lifts Steel Shares Across New York and Boston
Traders saw greatly increased activity with a broad market rally led by Steel common. New York totals reached 680000 shares with major gains in Int Harvester pref and W S C I P F pref, while Boston showed strong steel and Calumet & Hecla advances.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Harvester Pref
Calumet & Hecla
Pacific Coast Power
Call Money
Market Summary Shows Steel Leads Local Trading Shift
Local securities followed New York gains as Steel common led activity with 8021 shares traded. Word of Western Telephone Company liquidation plan by Kidder Peabody drew favorable response, while Pneumatic and Greene-Cananea stocks rose on anticipated dividends. Calumet Arizona and North Butte also advanced amid the broader market tilt.
MENTIONED IN THIS ARTICLE
New York
Steel Common
Army of Bears
Western Telephone Company
Kidder, Peabody & Co
Western Telephone
Western Telephone Common
Greene-Cananea
Comig
Calumet & Arizona
North Butte
Reorganization Plan Forms Arizona Commercial Mining Co By Maine
Bondholders and stockholders committees approve a plan creating the Arizona Commercial Mining Co with 300,000 shares at par 5 and 1.5 million capital. First mortgage bonds exchange at 70 shares per 500 dollar bond. Stockholders may subscribe to 120,000 shares at 3 each with staged payments through February 1912.
MENTIONED IN THIS ARTICLE
Arizona Commercial Mining Co
Maine
Arizona Commercial Copper Co
Treasury
American Trust Co
American Trust Company
New York
Boston Stock Exchange
Silsbee to Step Down at Next January Bank Meeting
President A B Silsbee of Merchants National Bank will not seek another term, expecting the directors to appoint a successor at the January annual meeting. Eugene Van R. Thayer is favored to become president if Silsbee withdraws. The bank plans indicate 3000 rings per week output as cotton market conditions improve. City of Boston bonds totaling 2 885 000 dollars were sold to a syndicate at 102 57 for 4 per cent bonds and 1956 Cambridge rapid transit bonds, with premium above par and strong demand for tax exempt issues cited.
MENTIONED IN THIS ARTICLE
A. B. Silshee
Merchants’ National Bank
Silsbee
Eugene van R. Thayer
Silshee
Rotary Ring
Boston
Blake Bros. & Co
Adams & Co. Perry, Coffin & Burr
William A. Reed & Co
E. H. Rollins & Sons
Cambridge Rapid Transit
Globe Wernicke Co. Oak and Mahogany Enamel Finishes
Oak and mahogany enamel finishes described for interior trims. Standardized sectioning for all commercial paper sizes. Mentions Sentional Book cases and cabinet safes from The Globe Wernicke Co with address 91-03 Seneee A Moston Whone Main 371.
MENTIONED IN THIS ARTICLE
the Globe“Wernicke Co
Moston
Dividend Declared by Utah Consolidated Mining Co New Jersey
At a board meeting of the Utah Consolidated Mining Company of New Jersey a dividend of fifty cents per share was declared from the 1911 earnings. Payment will be November 14, 1911 to stockholders of record October 17, 1911 at 12 noon. Transfer books close October 21, 1911 at 12 noon and reopen October 31, 1911 at 9 am. Fr P Addicks, Secretary and Treasurer.
MENTIONED IN THIS ARTICLE
Wink
Consolidated Mining
Broadway
New York
Utah Consolidated Mining Company of
New Jersey
Fr. P. Addicks
Also Mentioned on This Page
City OF
State St
Adams & CO
Congress St
WM. A. Read & CO
William E. Soule
Steel
Steel Trust
Great Northern
Oregon
Steel Corporation
American Beet Sugar
Boston Post
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Reorganization Committee
Harry M. Stonemetz
George T. Rice Lemuel E. Demelman
Nathan J. Miller
Edward S. Goulston
Alfred J. Hayman
Boston Care Market
City OF Boston’ Bonds
Whee Dogo Tao
Ee Boston Clearings
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Reichsmarks
RITES
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Les Montfords
Lillian Russell
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Jane
ORMED
Charles Klein
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Boston Opera House
Harry Lauder
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