Great Northern Ore Lease Effects and Market Drop
An analytical update on the Great Northern Ore Properties and United States Steel Corporation tie. The sharp price fall of Great Northern Ore certificates to 40 signals potential dissolution talk about the Steel lease abrogation and its impact on ore profits and industry norms. The article traces history, lease terms, royalties, and projected yields through 1915, highlighting the market tremor and corporate strategy.
MENTIONED IN THIS ARTICLE
Great Northern
United States Steel Corporation
Steel Corporation
Morgan
Gary
Lake Superior Company, Ltd
Great Northern Railway Company
Missabe
Minnesota
James N. Hill
Wis W. Hill
Walter J. Hill
E. T. Is
Great North Raiway
Great Northern Iron Ore Properties
Great Western Mining Company
The
Great Northern Railway
Lake Superior
Great Northern Iron Ore Lease and Market Pressures
The Boston Market Bonds note that the 1910 and 1911 ore lease yields only 55 percent with $1.64 per share dividends for certificate holders. The Steel Corporation, facing low pig iron prices, may mine little and seek abrogation, yet 600 million tons remain and demand will eventually extract every ton, maintaining the ore as a key asset and customer.
MENTIONED IN THIS ARTICLE
Boston News Bureau
Steel Corporation
Uder
Great Northern
Gren Nd
Dia Lense
Teel Corporation
Eel Corporation
Je Ow Tian
Navirie
The
Bonds Awarded to A. B. Leach Co in New York Financing
Winchester Mass awards 90000 in 4 percent park bonds dated 1911 to A B Leach Co at 104 297 while Boston Elevated syndicate sought rapid placement with investors. Haverhill Mass awards 166000 in 4 percent bonds including municipal and bridge issues to Adams Co at 101 68 to move securities from speculators to investors.
MENTIONED IN THIS ARTICLE
Winchester
Mass
A. B. Leach & Co
Boston Elevated
Haverhill
Adams & Co
Large fish cargoes tide the wharf as Ripple and Foam lead
Eleven vessels delivered haddock cod hake pollock ecusk lemonsole weighing 111300 and 1700 pounds respectively with Mabel Bryson landing cask and Ripple Foam handling sole. Dealers posted prices for haddock cod hake pollock and other catches amid favorable weather and a surge of coal barges and tugs at the harbor.
MENTIONED IN THIS ARTICLE
Ripple and
Foam
Haddock
Mabel RB. Bryson
Ripple and Foam
W. M. Goodspeed
E. W. Nunan
Olive F. Hutchins
Mabel BK
Bryson
Benjamin Russell
Massasoit
Fae Aa
Klondike
Appomattox
Bankdale
Charleston
S. C
Caleta Buena
Mejil+ Jones
Chili
Europe
Cunard
Franconia
Queenstown
Liverpool
Mersey
Leyland Line
Cambrian
London
Red Star Line
Marquette
Antwerp
Point Lizard
Bohemian
Leyland
Brew Head
Landsman
Porcupine Stocks Butte Coalition Mining Shares
Porcupine stocks for Butte Coalition Mining Company quarterly at 25 cents. Books close November 15 and reopen December 1.
MENTIONED IN THIS ARTICLE
Butte Coalition Mining Company
Market Totals and Highlights for New York and Boston
Total sales in New York reached 194 900 shares and 21 530 in Boston with Reading and Indiana Mining as top active issues. For Jan 1 1911 to date New York show 97 808100 shares and Boston 5 111 419 shares, against last year’s 140 371100 and 9 748 559 shares. Greatest New York gain Underwood Typewriter. biggest loss N Y Air Brake. In Boston Edison Electric rose while Calumet & Hecla fell. Call money in New York 23 cents, Boston 2 to 3 percent. time money New York 3 to 4 percent, Boston 3 to 4 4 percent.
MENTIONED IN THIS ARTICLE
Aten Eneee
Avera
Jane
Tee Call
Ae Eanet Sone
Teeee
New York
Heaton
Boston
Sub-Treasury Credit
New York Clearings
New York Sub-Treasury Credit
Reading
Indiana
Underwood Typewriter
N. Y. Air Brake
Edison Electric
Calumet & Hecla
Traders Hold Market Steady as Professionals Drive Prices
Trading yesterday was dull with total volume under 200000 shares. Professionals on the floor moved quotations up on buying and down on selling, keeping momentum for any market advance. American Cotton Oil weakened 2 1 4 points to 44 1 4 amid a looming annual report and possible dividend changes.
MENTIONED IN THIS ARTICLE
Stock Exchange
Steel
Reading
Union Pacific
Chicago
New York
Local Market Shows Firm Gains Across Copper and Electric Stocks
Market reports yesterday highlight an 11-4 gain in Lake Copper to 26 1-4 and notable participation by Indiana and Greene-Cananee in copper volume. Massachusetts Electric stock features a new high and strong earnings for the year ending June 30, with a substantial surplus supporting its preferred shares despite dividend commitments.
MENTIONED IN THIS ARTICLE
Lake Copper
Indiana
Greene- Cananee
Massachusetts Electric Common
Massachusetts Electric Company
Massachusetts Electric
Massachusetts Electric Preferred
Notable resignations and stock actions ripple through markets
W C Ralston and J H MacKenzie resign from Goldfield Consolidated Mines board. Isle Royale halts Superior Baltic development. Galveston Houston Electric sells 300000 of 6 percent preferred stock at 93 1 2. Mountain States Telegraph offers 10 percent new stock at par with rights expiring Oct 31 and payment by Dec 31. Franklin Leonard Jr elected secretary of New York Curb Association. Robert Mather, chair of Westinghouse, dies suddenly.
MENTIONED IN THIS ARTICLE
Mountain States Telephone & Telegraph Co
Ane Ncme
Franklin Leonard, Jr
New York Curb Association
KE. S. Mendels, Jr
Investment Securities Letters of Correspondents of Baring Brothers
A survey of investment securities correspondence related to Baring Brothers and Co Ltd outlines standard practices, client communications, and brokerage procedures. The document notes how letters of correspondence were used to convey market data, quotes, and trade confirmations within historical banking networks.
Shipping News Mini Almanac Highlights Ocean Arrivals
OCR list records arrivals and clearances of steamers and barges, with ports from Eastport to Portland and Gloucester. It names ships such as Luigi Ciampa and City of Gloucester, with numerous tows, sailings, and harbor movements across Atlantic coast ports.
MENTIONED IN THIS ARTICLE
Shipping News
Luigi Ciampa
Ital
Jacenrine Huelva
Spain
Dingley
Allan
John
N. B
Salem
Scranton
Brophy
Hepatcong
Lynn
Nay Aug
Nemasket
Betts
Elizabethport
N. J
Lansford
Portsmouth
Coaldale
Summit Hill
North America
Nelson
Edgewater
Pittston
Albany
Passai
Daniel Willard
Fitzgerald
Cto
Troy
Riverside
Stroudsburg
McGoldrick
Perth Amboy
Beverly
Portland
Buttress
Buffal
James Woolley
Millin
Hawthorne
New York
John Donohue
Saugus
Chase
H.splaine
Scituate
Boswell
Haley
Newport News
Also Mentioned on This Page
Great Northern Ore
Hill
Commissioner of Corporations
Smith
Ill Steel
Wes T&t Ss. Loo
Bos & Albany
Bos Maine
Old Colony Pate Aa
Rock
Nevin Esteveeere
North Butte
Victoria
Georgia Lee
Mergenthaler
Man Co
Ca Biles Pe
Swift Co
Toprington U Nion Land Bol
United
United Shoe
Hancock
Smelt & RK
Ohio
Cm&sp
LOSI
Chino Copper Ok
Comstock Tr Co
den Aerhoe
Erle
Miami
Lehigh Valley
Nevada
Nynhc&h
Nyo&w
Nor
Pac Nor & Wes
Benrewenee
Pennanes
Pacific Mail
Pullman Pub Ser
N Jane
Rock Island
Texas Pacific
Twin City
U_S
S Steel
Utah
NEW York Bonds
Ghandler Brs
Milk Street
Heston
Maine
Salas
Allis Chalmers
Smetters
Busy
Suceeb
Io i & N
Bethlehem Steel Sa
Canada
Rian Lee Pens
Orm
Gt West
Georgia Pacer
Gray & West
Asm
al Cent Fund
Ates
Interbor R T
Inter Met
Kentucky
Lake Shore
Louis & Nash
St Ry
NH & H
Lacka & West
Nor & West
Nor Pac
Pac Tel & Tel
Penn
Pitts Coc & St L
Stlimt&s Uni & Ref
Maryland
Butte
British Columbia
Ariz
Ely
Giroux
Greene
Inspiration
Kerr Lake
la Rosette
Nipissing Mines
Ray Central
Salt Lake
Joe A. Stoneham & Co
Beck Tunnel
Colorado Area Consolidated Eseceees
Ewer Etewes
Grau Central
Negees Su
King William
Mammoth
Mountain Lake
Mason Valley
Nevada Hills
Prince Consolidated Eeeeree
J. Thomas Reinhard
Devon
New Yorkshire St
Broad St
King St West
Toronto
Tereeee
al Crown Chartered
Dobie
Dome
Foley O'Brien
Coseevessss
Gold Reef
Great Northern Secroeerrencies
Hollinger Ee
Preston
Rea
Buffalo
Cobalt Lake
Conlagasee
Crown Reserve
Greene Meehan
Temiskoinley
Tretheway Bees
Wettlaufer
Jon Ribs S.ct
Canton Electric Co
Canton, Ohio
Richardson, Hill & Co
Congress Street
Handler Bros. & Go
Milk &T
Boctes
Y York
William E. Soule
Reichsmarks
Fuilders
Ask
W. C. Ralston
United States
San Francisco
J. H. MacKenzie
Goldfield Consolidated Mines Company
Isle Royale
Stone & Webster
Galveston-Houston Electric Company
Robert Mather
Westinghouse Electric & Manufacturing Co
Bay State Gas
Bohemia
Goldfield
la Rose
Lion Hill
McKinley-Dar
Ste
Majestic Fees
United Verde
Kidder, Peabody & CO
Devonshire Street
Investment Securities Letters OF
Wall Street
Baring Brothers & Co., Ltd
Admiral Dewey
Port Antonio
Jam
George W. Anderson
Windsor
Bennett
Halifax
Hawkesbury
Plymouth
Port Johnson
N. R
Astral
Montreal
Charles T Gallagher
Baltimore
Portamouth
Tamaqua
Philadelphia
Ashland
Mahanoy
Gettysburg
Saucon
Silver Brook
Tulehocken
Wyoming
Bath
Bellewood
Buck Mountain
Joshua Lovett
Flora
Faith
Rondout
Weehawker
Marion
Lehigh
Waltham
Greenwood
Dunlop and
Braddock
Georges Creek
Benjamin
van Brunt
George W. Alderson
N. C
Thomas Hix
Portland Mary &. Morse
Stonington
Rodney Parker
William ‘Ft. Donnell
Annale Lewie
Charlotte W. Miller
W. Coodman
Jersey City
Porcupine
Tou
James Shay & Co
Reinhardtsonshire
Roaton Fl St
New
State St