New York Stocks Show Mixed Activity Amid Steel Moves
Stock market notes show New York and Boston activity with Steel common leading trades. Steel Corp directors back canceling the Great Northern ore lease, sending Steel prices lower while Norfolk & Western raises its dividend. Rumors and petitions cloud American Tobacco reorganization with multiple proposed separations and court actions.
MENTIONED IN THIS ARTICLE
Steel Corporation
Great Northern
Norfolk & Western
American Tobacco Company
Independent Steel Companies
British Columbia Company
American Cigar Company Business
United Cigar Stores Company
Isles
United Sates
Local Market Shows Irregular Close Amid Ore Lease News
Local traders reacted to the cancellation of an ore lease with widespread selling. Amalgamated, Lake Copper, Chino and Massachusetts Electric led activity in copper and industrial groups, pushing most prices down as the market ended unevenly.
MENTIONED IN THIS ARTICLE
New York
Amalgamated
Lake Copper and Chino
Copper Share
Massachusettts Electric
First National Bank Shares Hit New High Record
The stock rose to 426.75 per share on Wednesday, marking a new high as a 584 point advance from the prior public sale. Last public trades were September 27, with June private sales at 425. La Rose reported September profits of 4779 on a gross 164000. expenses reached 69921. Silver production for the month totaled 313001 ounces. Arizona Commercial securities under reorganization total 680000 bonds and 84615 shares of stock at market close.
MENTIONED IN THIS ARTICLE
First National Bank
la Rose
Arizona Commercial Securities
T & Vt
Ohio
Bklyn U Gas
Bklyn R
Pacific Awe
Ches Ohio Ave Ae
CM & S
DL & W
Amer Tobacco
Butte Coal
Wee
Goldfield Con
British Columbia
Gt Bay & W B
Chicago
Davis Daly
Int Harvester
Giroux
Stewie Neee
Kerr Lake
Iowa Centra
Lax Gas
LB & W
McKinley
Point
Lehigh Valley
Nipissing M Co
Louis Nash
Ohio Copper
Ray Central
Mini & St Lanne
Nat
Nevada
Nor Pacific T
Nor & Wes
Pac T & A News
Penn Py
P CO & St L
Ray Consol
Rock Island
St L & San F
Texas Pacific
Union Pacific
U S Steel
Utah
Ry & P
West Union
Westinghouse
Wisness
W& LE Eewlebe
Boston based company reports assets and officers
45 Milk St Boston Mass Earned Incorporated 1879 capital 1,000,000 surplus 4,000,000 assets 20,396,841.43 Interest on deposits allowed. Collections and accounts invited. Officers listed including John M. Graham president Frederick Ayer vice president Herbert Wellington vice president Henry L. Jewett secretary. Commerce and stock dealings noted with multiple offices in Boston New York Toronto.
MENTIONED IN THIS ARTICLE
New England
John M. Graham
Frederick Ayer
Herbert Wellington
Henry L. Jewett
Bond market notes and bids from various towns and corporations
Littleton Massachusetts will take bids until October 31 for 30000 dollars of four percent bonds dated October 1 1911 payable 2000 annually 1916 to 1930. The New York Stock Exchange lists 5000000 dollars of Public Service Corporation of New Jersey five percent sinking fund fifty year bonds due 1959 unifying and refunding mortgage six percent thirty year bonds of Pacific Gas & Electric due 1937 with authority to add 860000 dollars. Total listed to date 30100000 dollars. Additional bonds from Denver and Rio Grande railroad five percent due 1955 bring authorized listings to 33944000 dollars. Virginia and Southwestern railway five percent bonds due 1958 listed at 5900000 dollars. Chino Copper Company six percent first mortgage convertible bonds due 1921 amount 2500000 dollars. Beverly Massachusetts will receive bids until October 31 for 9000 dollars of four percent bonds dated September 1 1911 maturing 3000 dollars annually 1912-14. State Treasurer Stevens retires 1300000 temporary notes issued earlier in the year for tax anticipation. funds go to Boston banks. Adams Massachusetts will take bids until October 30 for 45000 dollars of four percent highway bonds dated October 2 1911 maturing 5900 dollars annually 1912-20.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Public Service Corporation of New Jersey
California Gas & Electric Corporation
Pacific Gas & Electric Company
Lsted
Denver & Rio Grande Railroad
Virginia & Southwestern Railway
Chino Copper Company
Dividends Declared by Major Rail and Steel Firms
Norfolk and Western Railway announces 1.5 percent quarterly dividend with record date November 30 and payment December 18. Pressed Steel Car and Casein Company of America declare quarterly preferred dividends of 1.75 percent and 2 percent respectively with various record dates in November. Union Cotton, Sagamore, Consolidated Gas New York, Otis, Columbian, Georgia Southern and Florida Railway, and others announce semi annual or quarterly payouts ranging from 2.5 to 6 percent with record dates in late October to mid November.
MENTIONED IN THIS ARTICLE
Norfolk & Western Railway Company
Pressed Steel Car Company
Casein Company of America
Booxs
Union Cotton Manufacturing Company
Sagamore Manufacturing Company
Consolidated Gas Company
New York
Otis Company
Columbian Manufacturing Company
Masson urges popular election of Senators at Boston Club
Ix Senator William E. Masson of Illinois spoke to a Boston City Club audience on reciprocity and Senate reform. He critiqued unwritten Senate procedures and called for direct election to curb personal advantage. He addressed Philippine policy and urged giving the Philippines an even chance under a continuing flag.
MENTIONED IN THIS ARTICLE
William E. Masson
Illinois
Boston City
Mason
United States Senate
Senate
United States
Philippines
Philippine
Lincoln
Loving Cup Presented at Clap Russell Alumni Reunion
Edwin T. Horne received a silver loving cup as master of the district at the 16th annual Clap Russell Alumni Association reunion in Dorchester held at the Nottingham Hotel. Rev Dr J J Walsh spoke for the 1897 class, represented by Walsh and J T McGivern, the only two members present. The association draws from Roger Clap and William H Russell grammar schools and numbers several hundred. Horne has served as district master for 15 years.
MENTIONED IN THIS ARTICLE
Clap- Russell Alumni Association
Dorchester
Nottingham
Edwin T. Horne
J. J. Walsh
Brighton Seminary
Father Walsh
J. T. McGivern
Roger Clap
William H. Russell
Horne
Murderer Baker shot by fifty deputies near Gloversville
In Gloversville New York on October 26 after a 29 hour chase through woods and fields fifty deputy sheriffs cornered Charles E Baker on the Washburn farm two miles north of the city and shot him.
MENTIONED IN THIS ARTICLE
Gloversville
N. Y
Charles E. Baker
Norman Briggs
Washburn
Baker Fatally Wounded in Deputy Pursuit After North Trip
Deputies closed in on Baker as he fled and fired repeatedly. Two bullets struck him. he collapsed and later died at the hospital. Baker had said he and Briggs drank on their trip north and began quarreling before the murder.
MENTIONED IN THIS ARTICLE
Baker
Briggs
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