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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 24, 1913

Page

22

Market report of New York and Boston stock activity yesterday

Total sales in New York 310 600 shares and Boston 20 080 shares. Most active issue in New York steel common 90 000 shares and Boston Butte & Superior 3350 shares. Year to date totals New York 71 900 000 shares and Boston 4 568 523 shares. Compared with last year New York 107 405 200 shares and Boston 9 594 529 shares. Notable gains and losses include National Enamelling B 35c to 77 Pct in New York and Calumet & Hecla 5 to 415 in Boston. Call money New York 27g to 3 Pct. Boston 3 Pct. Time money New York 4 3/4 to 5 Pct. Boston 5 to 6 Pct.

New York Boston Steel Common Butte & Superior National Enamelling Bic American Woolen Pfd Quincy Mining Calumet & Hecla

New York Market Sees Partial Recovery After Early Slide

Stocks opened with sharp losses amid strong offerings but demand improved, helping the market recoup some losses. The New Haven faces a likely dividend cut to 4 percent, while steel shares fell sharply and London trading weighed on the day. Bond activity showed some selling as total par value reached $1,585,000.

New York Bea London Elliott New Haven U. S Panama

Market Notes Show Weak Tone as New Haven Leads Decline

The Boston market reports optimism challenged by a broad downturn led by New Haven and railroad stocks. trading activity centers on 20 080 shares with declines in New Haven to 81 4 and convertible issues slipping after a 4 percent dividend note. Woolen stocks and Butte Ballaklava show weakness, while Anaconda acquisition talks signal a possible settlement and purchase of Butte Ballaklava.

Boston New York New Haven Elliott Massachusetts Public Service Commission Butte Ballaklava

Boston Stocks Ex-dividend and Ex-rights Totals

Boston market brief shows totals of 20 080 shares, bonds 36 700 dollars and rights 6223 in a fragmented ex-dividend and ex-rights report.

Preferred Dividend Declared by Public Service Investment Co

Public Service Investment Co of Boston declares a quarterly preferred dividend of 1.59 per share payable November 1 1913 to stockholders of record October 15 1913. STONE WEBSTER Transfer Agents. The Lowell Electric Light Corp of Lowell Massachusetts declares dividend No 70 a quarterly 2.00 per share payable November 1 1918 to stockholders of record October 24 1918. STONE WEBSTER Transfer Agents.

Public Service Investment Company Stone & Webster Lowell Electric Light Corporation Lowell Massachusetts

Dividends Declared By Various Companies This Quarter

A list of multiple companies announcing regular or special dividends with rates and payment dates. Notable entries include Silversmiths Company at 4 per cent payable Nov 15 to holders of record Nov 8, Colorado Power Company at 7 per cent annual on preferred, payable Dec 15 to holders of record Nov 30, and Lackawanna Steel at 4.3 per cent on preferred, payable Dec 1 to holders of record Nov 29. Other firms show 1 to 4 percent ranges with payable dates through December and November for both common and preferred stock.

Silversmiths Company George B. Newton Coal Company Unicipal Service Company Due oUs Colorado Power Company Intre Ee Stoc Yonanicut Mills Oe Union Cotton Manufacturing Company Mrelie More Manufacturing Company Harmony Mills Norfolk & Western Railroad Company Lackawanna Steel Company Proctor & Gamble Company

State Street Topics Highlights Dividend Dilemma Amid Market Slump

The market ends lower after a volatile day as bears press for a rally pause. Bethlehem Steel’s Schwab predicts a business lull while New Haven moves to a 4 percent dividend, sparking investor caution across banks and stocks amid government suits and uncertain returns.

Schwab Bethlehem Steel Company New Haven

Freight car shortage reported by rail group

The fortnightly report of the American Railway Association shows demand for freight cars on Oct 15 exceeded supply by 6048 cars, the first shortage noted this year. A year earlier the deficit was over 31,000 cars.

American Railway Association

Copper Production And Ore Shipments In Regional Mines

Giroux last month produced 204,307 pounds of copper, down from August by 336,882 pounds. The Washoe smelter receives 11,006 tons of ore daily, while the usual tonnage heads to Great Falls. Anaconda expects October output near 18,000,000 pounds despite Washoe shutdown. Arizona Commercial earned profits of 1500 from ore during development.

Giroux Washoe Anaconda Great Falls Arizona Commercial

Bond Market Notes and Springfield and Connecticut Bond Listings

Bond market notes announce additional $500000 High School of Commerce bonds for Springfield dated Nov 1 1913 payable 25000 yearly through 1933 totaling 1515 ce. New York Stock Exchange lists several large bond and preferred stock issues and authorizations from Norfolk Southern Chicago Great Western Terminal Railroad and others. Connecticut plans to issue $4000000 4 bonds with bids due Nov 10 1913 at Hartford Edward Roberts state treasurer. total bonded debt 7064000 plus temporary loans 1945000. Bonds tax exempt in Connecticut but not beyond revised rules.

Reginers Soft Mexico Ri& Pp Ri& P Oui CRI Peig Pacific Nyc Cis den & R L&sf Trust Cootis Oeeteis Erin Bee At&sf M&m Sega Omaa Seal Air Lady BK Ae &Op So Pacific Rf Beesis Southern Bal & O Neauus Segin Southern Ry Beth Steel Liggett & M Sime Seetaae Ti & P Bupa Rap T. Se Wim, Hanes Union Pac le Peak Nh&hevt Savet Ho Sheen REN Beare i Paeanaine Gnl Hee Cc B &Q Bos Va Pra Chem Hictieces Bula Ss Mieces Va Ira C& Ts M. T Lal Cigrrs Balt&o Swalls Oe Lake S Texas Co Cot Kk & T Ieee Ore Ui MNO Mobile & Cs T Ietad AE Chaig Fo N Ynh&hoyt Mil Bt Prad Springfield High School of Commerce The New York Stock Exchange Norfolk Southern Railroad Co Chicago Great Western Railroad Co Terminal Railroad Association of Southern Railway Co First Consolidated Mortgage Connecticut Hartford Edward 8. Roberts State of

Metal Market Report Shows Copper and Tin Steady

Copper on the New York Metal Exchange stayed near 16.87 to 17.25 for spot and futures with 17.00 to 17.25 quoted. Tin remained steady with October 40.25 to 40.60 and December 40.35 to 40.75 while Lead and Spelter were quiet and Iron unchanged.

New York Metal Exchange Ueda Cookson’s Atlanta City of Cob Blue Bull Cob Lake Bootteres Coniagas Cro’n Res Gt North Il Kerr Lake Florence la Rose G'fld Daisy Nipissing Fld Merg Peters Lake Jim Butler Rt of Way Yum Bt Rochester M'Namara Silver Leaf Midwa Emiskam Mizsenene Trethewey Montana Wottlaufer North Star Big Dome Bailey Pearl Lake Beaver Pore Gold Buffalo Pure Crown Canadian Rea Mines Caribou Swastika Chambers West Dome

Calendar for Today Dividends and Books Close Notes

Dividend dates listed in parentheses with books closed. Several securities including Amalga Coppers Consol Coal Grand Trunk and Edison Elil Brockton show payables to holders of record on specified dates. Books close Oct 25 and stock sells ex dividend today with several entries noted for 11-1 through 11-6 dates.

Brill Consol Coal tEagle & Blue Bell Fed tGa S&f K'stone Tel Win Penn Rys tWillys Grand Trunk Guar Edison Elil Brockton

Maizie the Motor Maid Returns in Sunday Color Section

The color section teases the next installment of Maizie the Motor Maid, promising more adventures in the upcoming Post issue. Readers are invited to follow her car racing escapades and bold feats.

Bond Market Faces Mixed Close on Government and Utilities

United States government bonds closed with higher bids for the 43 and coupon 2s. The broader bond market showed irregular trading with notable activity in Distillers’ 5s New York Railways adjustment 5s and St Paul and New York and New Haven convertibles.

United States New York St. Paul New Haven

Vanderlip Pushes Central Bank Plan in Senate Hearing

Frank A. Vanderlip president of National City Bank of New York urged creation of a government controlled central bank to dominate the nation's financial system. He presented the plan to the Senate banking and currency committee after discussions with committee members who reportedly approved the idea.

Washington Administration Regional Reserve Frank A. Vanderlip National City Bank of New York Senate Banking and Currency Committee

Government proposals create 100 million capital bank

A plan would set up a seven member board to run a bank with 100 million dollars capital for 14 year terms and salaries of 15000 or 17500. The bank would issue money, rediscount commercial paper for banks and concentrate the nation’s gold reserves to influence financial conditions.

Vanderlip proposes public stock with government control of currency

Vanderlip outlines a plan where stock is held by the public as an investment security with no voting power. The government would control the system, not banks. He argues bankers would accept it once safeguards for the controlling board appointments are explained, replacing government fiat with true bank notes.

Mr. Vanderlip Bristow Vanderlip Boston Senator Reed Federal Reserve

Philadelphia Market Bid and Asked Ledger Snapshot

Market quotes list bid and asked percentages for several securities and commodities including Philadelphia railroad, Cam Steel, UGeTr NS, Ph Ray Tr, Asphalt, Lehigh Nav, Un Gas Im, Lehigh Val, and Pa Steel. Prices and percentages shown reflect trading values and market levels of the day.

Am Rys Phila Co Cam Steel Ugetr NS Opa Lehigh Lehigh Val Pa Steel Penn Salt

Gourmet Menu Card from a Historic Philadelphia Dinner

A dated menu lists multiple dishes including olives, pepper pot consommé, fried bluefish, minced chicken on toast, broiled pigs feet, roast rib of beef, roast lamb, stewed tomatoes, creamed potatoes, lettuce salad with Thousand Island dressing, ice cream, squash pie, eclairs and Swiss cheese. It notes chips of crackers and a music segment from 5 to 8:30.

Olives Philadelphia Thousand Island

Friends Honor Insurance Man Charles W. Gammon

Charles W. Gammon, a leading New England insurance figure, was feted at a banquet and reception at Young’s Hotel marking 30 years with the National Life Insurance Co. Attendees included company executives from the home office. He joined as an office boy in 188? and rose to head of the firm after James T. Phelps’s death.

Charles W. Gammon New England Young’s Hotel The National Life Insurance Company Joseph A. de Boer Osman D. Clark Harry M. Cutler Gammon James T. Phelps

Also Mentioned on This Page

New York Market Alaska Gld M Co Smelt & R Tel & Tel Ah Ae Reids Af Ohio Bklyn RT Cal Pet Corp Gees Ches & Chis Cm& SP Pf Erie Ist Pf Eva Saa Goodrich F Co Nor Seaeree Nor Reah Liggett & Meyer Island Looge-Wiles Nash Mackay of Ceeeees Miami MoPac Nynh&h NY Ont & W Nor & Wes Nor Pac Pacific Mail Penn Pitts Coal Ray Con Rock Orig ars-Roebuck South Pacific Studebaker Union Pacific UN Pacific Uscipef Utah Ea Ees West Union Boston Stocks AT & T Cvt Gulf Central Vt West T & T Ouez - Weaee Sie Arizona Atchison Esare Bonanza Gulf Pf Bos & Albany Bos & Corbin Bos & Maine Butte Ballak Butte & Sup Cal & Ae Cal & Hecla AIS Chino Sees Generali Eee Oeris Granby Greene Can Peetes Helvetia Nevada Eng NNY& NH Ny&nhns North Butte Old Colony Old Dominion Pond Ork Coal Pullman Co Quincy Ray Consultees Ove Reece Fid Mch Shannon US Steel US Steel Pfeeeewe Utah Apex Bay State Gas Boston Ely Butte & London Calaveras Seeee Majestic McKin-Daragh Peener Dou Goldfield Beeen Mason Valley Stewart UN Cig Wettlaufer Eee Os Money Markets Pee Sesser Weseter Fda Vosa McCs Ata Siamap Bane Treasury Chicago Duluth St. Louis Kansas City Toledo Cape Detroit Seeriss Eee Sige Stern Eneeee Liverpool Dee Ales Bote State Street Union Mills of Big New England Cotton Yarn Company Little Company Cotton Yarn Company Union Mills Eenens Ween Stock Exchange Public Utility Securities Connecticut Power Co Dallas Elec Tike Elec. Co Elec. Ill. Co Brockton Bese el Phig Elec Co Secartes Ul “Iba Co Abington & Rock Oraline Gas Works Co Elec. Co Elec. Lt. Corp River Power Co Pacific Elec. Co Tampa Elec. Co Cap Bartlett Beas & Co Richard S. Lovering Ontario Power Co Niagara Falls Metal Markets Chicago Market Booth Fisheries Canal & Dock Chicago City Railways Edison Chicago Elevated Railway Eeeer Chicago Tille Chicago Railways Aeste Beeweteee Hart S & Marx Illinois Brick Ee Kansas City Light Renee Ernest Eresases Sears-Roebuchkce Ae Swift & Co Sererrereees United Boxboard Eec Eers West Stone Teeesest E Scare Armour Chicago Telephone Sane Morris Stereeeees Ogden Gas South Side Philadelphia Market Mischief Makers Helen Lorraine Francis Murphy Tommy Carter Jean Bedini the Howard Fugiyama Tom Moore Stacia Old Howard B. F. Keith David Ispham the Wanderer Erl King Edgar Allam Poe the Raven Kipling Danny Deever Cressy & Dayne Nick’s Roller ‘Skating Girls Mary Elizabeth the Three Rubes Cameron & O’connor JOE & LEW_ COOPER Guerro Carmen Frawley & Hunt PATHE Charles Frohman John Emerson Kian & Erlanger Elsie Ferguson Boston Theatre the Liebler Co Joseph A Brethren James ‘ O’ Neill Brandon Tynan Auline Frederick Majestic Matinees Wed. & SA Shubert Evelyn Nesbit Blue Bird George Artis Telephone Oxford Plymouth Sellin Henry Jewett Players J. Lewis the House of Good Cheer Hollievegs Bera Ziegfeld Follies Boylston Loew’s Grand Opera House Matinee Qact Castle Sq Tremont Down Town Winter St the Enemy Tional National Square National Font & Cover Sts Anight AT the Waldron’s Seerers Roseland Girls Burlesquers Loew’s Orpheum Tremont and Boyls Georgia Tennessee Wagh Friends Cohan Victor Herbert Ann Swinburne Sousa Harvard Penn. State Soldiers Field Sat Filene’s Wright & Ditson’s Leavitt & Peirce’s Cambridge Speedway du Pont Tremont Templion O’donnell Ogs Hugh O’donnell Palestine Symphony Hall Philharmonic Society Josef Stransky Kreisler Geraldine Farrar Hofmann Boston Opera Hous Pavlova Steinert’s Boylston St Mason & Hamlin Tremonit TEMPS Boston Symphony Maths Iony Hall
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