Market snapshot of yesterday's active and weak points
NY total sales 702000, Boston 43475. NY steel common most active 199700, Boston North Butte 4227. YTD totals NY 108693400, Boston 9674977. YoY NY 98036600, Boston 5132244. Notable gains NY Chi Great West pref 278 to 381 2. Wells Fargo Express fell 8 to 125. Boston gains McElwain first pref 1 to 107. Calumet & Hecla fell 13 to 545. Call money NY 3.5 to 6.25 pct, Boston 5 to 5.5 pct. Time money NY 5.5 to 6 pct, Boston 5.25 to 6 pct.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
North Butte
Chi
Great West
Wells
Fargo Express
McElwain
Calumet & Hecla
New York Market Faces Cash Drain Amid Weak Stock Activity
In New York trade October 25 the money market faltered as cash moved inland. Call loans rose to 6 1 4 percent and time rates hardened. Forecasts show home bank reserves falling by about 10 million, signaling potential further declines. Abroad, Paris, Berlin, and London markets were unsettled with mixed results and some selling pressure offset by late recoveries in rails. Bonds stayed under pressure with total sales about 1.65 million dollars.
MENTIONED IN THIS ARTICLE
New York
Eee
London
Paris
Berlin
Imperial Bank of Germany
Standard Railway
United States
Interior
Sub-Treasury
Copper Prices Fall Across Boston After New York Weakness
The Boston market echoed New York with widespread copper price declines led by Amalgamated issues. Copper trades traded near 17.34 cents, with forecasts of further drops despite firm metal supply and general market selling. Late session money rates eased as selling pressure remained strong.
MENTIONED IN THIS ARTICLE
Boston
New York
North Butte
Calumet & Arizona
Granby
Butte & Superior
Chino
Lake Copper
Boston curb market notes on Butte Central Copper injunction
Butte Central Copper led the curb market as news of an injunction to restrain transfer of its securities circulated. The stock fell from 7 to 66 8, then recovered to 67 8. Lion Hill Consolidated traded between 92 cents and 9% cents. detailed fluctuations followed in official sales.
MENTIONED IN THIS ARTICLE
Butte Central Copper
Lion Hill Consolidated
Bank Official Appointed Assistant Cashier at First National
William F. Edlefson named assistant cashier of the First National Bank after previously serving as assistant cashier at Elliot National Bank. Census Bureau reports cotton ginned to Oct 18 in running bales totaling 6,838,841, down from last year. Chicago & Northwestern shows September gross 7,673,267 with gains and a quarterly result of 21,676,371 in gross, net 7,246,445, and surplus after charges 4,713,031. Canadian Pacific third week October gross earnings up 411,000. copper exports through Oct 24 total 60,241 tons since Oct 1, up from last year.
MENTIONED IN THIS ARTICLE
Census L Bureau
Chicago & Northwestern
Metal Market Report Shows Flat Quotes with October Deliveries
The Metal Exchange quotes largely steady prices with no bids for October deliveries and a mixed showing across copper tin zinc and electrolytic materials. Futures and spot levels listed include copper around 17.00 to 17.87 and electrolytic close near 17.62 to 17.87 with various aging contracts and tonnage figures.
MENTIONED IN THIS ARTICLE
Westerda
Cookson
Banking consolidations shrink Boston's bank count
The Eliot Shawmut merger plus earlier Fourth and Atlantic deal cut Boston banks from 60 to 20 in 15 years, prompting industry praise for larger units and efficiency. Colonel Gaston cites economies, broader market power, and better scrutiny of deposits as benefits for merchants citywide.
MENTIONED IN THIS ARTICLE
Eliot National Bank
State
Merchants
Fourth
Atlantic
Eliot
Shawmut
Boston
Gaston
National
New York
Cotton Markets Rally After Census Ginned Cotton News
The cotton market opened softer but reversed to rise about 20 points. Census figures show 6,888,000 bales ginned to Oct 18, bearish alone yet viewed as bullish by traders expecting around 7,000,000. Short covering and long buying absorbed offerings, with only a small pullback from the top as the undertone remained firm.
MENTIONED IN THIS ARTICLE
Liverpool
Grain Markets Show Little Change Amid War Supplies
Market reports indicate muted demand for wheat and corn as war disruptions persist. Heavy buying by Bastlett Frasier interests boosts early prices, while Liverpool and Antwerp show mixed moves. Minneapolis and Chicago receipts and export sales reveal modest activity, with Argentine and Indian shipments sustaining overall supply dynamics.
MENTIONED IN THIS ARTICLE
Armou
Bastlett-Frasier
Liverpool
Antwerp
Lin
Budapest
Minneapolis
Duluth
Chicago
Money Market Drifts Amid Late Session Flurry
The money market showed unsettled conditions as November 1 disbursements crowd funds. Call money in New York traded around 6 to 6 1/2 percent with most loans near 6 1/2 percent. Time funds were quoted at 5 3/4 to 6 percent across 60 days to five months with varying maturities and rates. Boston and New York clears and balances are listed with bank transfer figures and foreign exchange quotes.
MENTIONED IN THIS ARTICLE
New York
Eeccseeses
Ccseee
Boston Clearings
Boston
Posten
Ork
Ceeeeesve & Bankers’ Sterling
Nesses Eensee Ee
Ssceevceetvesss
Reichsmarks
Scseseness
Davison Details Syndicate Agreement For Butte Copper
Freeman I. Davison explains to the Post that the syndicate managers hold sole direction of the Butte Central Copper Company. He notes a new trust to provide capital, with Federal Trust Company as trustee, and that most managers and subscribers agreed. The injunction matter concerns the original syndicate only and does not affect the company’s funds.
MENTIONED IN THIS ARTICLE
Butte Central Copper Company
Freeman I. Davison
Federal Trust Company
Calendar for Today Opens and Closes on Key Meetings
Books open Du Pont de Nemours Powder and Homestake Mining. Baltimore and Ohio schedules a meeting later in the day. Brooklyn Union Gas also closes for a meeting.
MENTIONED IN THIS ARTICLE
Open du
Baltimore & Ohio
Brooklyn Union Gas
Dividends Declared by Detroit United Railway and United Railways
Detroit United Railway declares regular quarterly dividends at 114 percent to be paid December 3 to stockholders of record November 15. United Railways and Electric Company declares 7 percent common dividend payable November 16.
MENTIONED IN THIS ARTICLE
Detroit United Railway Company
United Railways & Electric Company
Boston & Maine Petition for New Stock and Bonds
Boston and Maine files with railroad commissioners asking approval for 106 637 shares of new common stock and 7 500 000 in 20 year bonds at 4 12 percent.
MENTIONED IN THIS ARTICLE
Boston & Maine
GOP Men Speak for Thacher in Plymouth County Tour
Thacher Democratic candidate for Congress in the new sixteenth district spoke at 11 meetings in Plymouth county. Republican-led support sharpened the tour with rallies at Bryantville and Hanover. A plea for a broader parcels post and rural delivery reforms aimed to cut living costs and aid farmers and rural residents.
MENTIONED IN THIS ARTICLE
Duxbury
Thomas C. Thacher
Sixteenth
Plymouth County
Bryantville
Hanover
Thacher
New Sixteenth District
Hanson
China
Boston
Thomas C.thacher
Selectman
Pratt
Thacher and Thacker contest district with tariff debate
The district around New Bedford hosts a race between Thacher and Thacker reflecting a tariff focus. Thacher draws on sea coast roots and life saver pension goals while Thacker emphasizes textile industry knowledge and global study. Campaign stops span Hingham Nantasket Cohasset Scituate Harbor Norwell Marshfield and Bridgewater with Hamlin Pratt Schwab and others aiding.
MENTIONED IN THIS ARTICLE
New Bedfordhich
Thacher
Cape Cod
Thacker
Depot Square
Hingham
Nantusket
Cohasset
North Scituate
Scituate Harbor
Scituate
Norwell
Marshfield Hills
Marshfield
Brant Rock
Green Harbor
Pembroke
Hanover
Brantville
Hamlin
John D. Long
Mr. Hamlin
Founders Day Badge Aids Bull Moose Campaign
Progressives across the nation observe Founders Day with Bull Moose badges to fund the campaign. The white strip badge features two American flags, a charging bull moose, and quotes urging action and progress. It marks Founders Day on October 27 1912, honoring Colonel Roosevelt with observance moved to today since the date falls on Sunday.
MENTIONED IN THIS ARTICLE
Progressive Party
Founders’ Day
Bull Moose
The
Roosevelt
Trade hopeful as Bradstreet notes steady expansion
Bradstreet's State of Trade reports continued expansion in US business with general optimism ahead of the election. Most sectors show satisfactory activity, iron and steel prices rise, railways buy more, retail improves, and collections trend toward prompt bill payment. Wheat and corn exports for the period are listed with year over year comparisons.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Iron and Steel
United States
Canada
Telegraph
Bradstreet’s
Galveston
Trade and markets show strength amid Bulgarian Turkish crisis
R a Dun & Co reports foreign selling of American securities and buying of American wheat due to the Bulgarian Turkish war. Domestic markets remain vigorous with heavy merchandise movement, firm prices, strong cotton goods demand, rising footwear activity, and continued leather strength. Falls in failures rise to 255 in the US and 2 in Canada versus last year.
MENTIONED IN THIS ARTICLE
New York
R. A. Dun & Co
Review of Trade
Fall River
China
India
Red Sea
United States
Canada
Also Mentioned on This Page
Kidder, Peabody & CO
Wall Street
Devonshire Street
Albany
Worcester
Providence
Springfield
Hartford
Calumet
Hecla
New York Market
Realis
Fed M & B
Motor Pt
Biscuit of Serene
NY &Éw
Or & Westerenees
T& T Ee Ee
L South Co Pf
Iss
Union Pacific
Cireiess Ry
Union
Boston Stocks
T&s
Oyes
Maine
Fitchburg
Keweenaw
Mason Valley
Miami
Old Colony
Pond Creek
I Shannon
Sup & Bos
Su & Co
Cop
Alaska
Lion Hill
Eeaesd
Nevada Douglas
Ohio Copper
Utah Metals
Marconia
Lem
Butte & New York
Ely Consol
William F. Edlefson
Elliot National Bank
First National Bank
Metal Markets
Metal Exchange
Toda Extreme Auiness
Sis Aa
la Mont C
State Street
Wolverine
Amalgamated
Eaae
Ais
Rte Ie
Jan Aw
St Louis
Kansas City
Toledo
Money Markets
Chicago & Great Western
Southern Pacific Convertibles
Y Atchison
Ow York Railways
Seserte
Stock Exchange
North Pacific
Saneee Eenbee
Nyo Ae
Or & Cal Ist
Feeees Sen
Trust
Ctis Penn En
Ag Chem
Erie
Penn
JPM & Co Ctis
Rio
Atc Ll& N
Kan City
Bell T & T
Balt & O
Tt & Mey Ss
Bethieh Steel Ae Tee
Seeere LG N
United Ds Boutiarn
Cal Gas & Elec
Mo Pac
Texas ‘Co
Nak 'Ri
Ches & O
Chea & O
Pacist
C & Alton
Baeeane
Adi ‘Elu
C & E Mi
C & Gt West
U S Steel
Mil & Bt P
Wabash
Cri&pri Gs
Pitts
Norf & W
Orf & W
WNY & Pister
Davison
Ed ' Atlante
Rlver Leaf
Wettlaufer
Pearl Lake
Paola
Namara
North Ov
Il Prince
Il Tin
Uncle Sam
Beac
Wilbert
Yerrington
Cord High Point
High Point
Sfeer
Philadelphia Market
Bie
Phila Co
M. Rys
Phil Co
Phil 1Co
Ir&st
Wirane i
El&Peo Aby
Chicago Market
Ti & Tr
Swi Co
R &S
Morris
Ogd
Interstate Commerce Commission
Lance
Foss
Pensions For Life Savers
Charles 5. Hamlin
Harvey H. Pratt
W. A. Schwab
Yarmouth
William H. Hennessey
Henry C. Cole
E. P. Boynton
Alfred E. Green
Clarence Harding
George Mansfield
Edward Cox
Brockton
Dun
Balkans