Market Highlights From Yesterday's Trading Across Cities
Total sales in New York reached 252000 shares and 17510 shares in Boston. Mexican Petroleum led New York with 30000 shares while Butte and Superior topped Boston with 4373 shares. Year to date and year over year figures appear for New York and Boston, with notable gains in American Tobacco and Calumet & Hecla and losses in Canadian Pacific and Wolverine Mining. Call and time money rates show modest shifts in New York and Boston.
MENTIONED IN THIS ARTICLE
Mexican Petroleum
Wolverine
New York
Boston
Butte & Superior
American Tobacco
Canadian Pacific
Calumet & Hecla
Wolverine Mining
Time Money
Market Gyrations Mark New York Stocks Slide and Rise
Trading on September 6 shows mixed movement with Lehigh Valley and Canadian Pacific under pressure while United States Steel and copper stay near steady. Fertilizer stocks like American Cotton Oil rise on cotton crop prospects. Bethlehem Steel and Republic Iron advance as iron and steel schedules rise.
MENTIONED IN THIS ARTICLE
New York
Lehigh Valley
Canadian Pacific
United States Steel
Bethlehem, Steel
Republic Iron
Producers’ Association
National Biscuit
Central Leather
London
Paris
New York City
United States
Wolverine Stock Drops as Butte & Superior Buoys Market
The Boston market reports Wolverine dipping to 91 from Thursday’s close, a new low for the year, amid small lot sellings and transfers of older certificates. Butte & Superior provides some support, while overall activity remains quiet as brokers pivot to the ball game and money rates tighten to five percent.
MENTIONED IN THIS ARTICLE
Boston
Wolverine
Butte & Superior
Butte & Su-perior
Boston curb market shows active day with varied price moves
The local curb market featured active trading with several issues rising slightly. Notable items included Butte Central Alaska Gold and Contact, whose price jumped from 65 to 80 cents, with smaller changes among others.
MENTIONED IN THIS ARTICLE
Butte Central
Alaska Gold
Butte & London
Bingham Mines
Contact
Eagle & Blue Bell
Ely Consolidated
la Rose
Lion Hill Consolidated
Mexican Metals Receipts
Oneco
Alaska
Nevada
Bay State Gas
Boston Bingham Mines
Calaveras Ee
Arizona
Cortez
Consol
Lion Hill
Evover
Ohio
Raven
South Lake
Utah
Lloyds Bets On Election Outcomes Prompt Premiums
The article notes Lloyds in London writing policies on presidential results with premiums of 7 guineas for a 100 pound total loss against Wilson, 40 for Taft, and 25 for Roosevelt. It also covers bullish crop forecasts, mining stock moves, and dividend plans shaping market sentiment.
MENTIONED IN THIS ARTICLE
Lloyds
London
Wilson
Taft
Roosevelt
Financial and mining notes from Septembers calls and shifts
The comptroller of the currency reports national bank conditions as of Sept 4 marking a fourth call this year. Massachusetts trust companies follow a Sept 4 deadline. Eagle & Blue Bell mine ships 11 cars ore yielding 3600? wait 36,100 in smelter returns, 60.67 per ton. Mine daily output about 1800 tons. Eastern Talc Company plans 2550 new preferred shares at par with 50 percent due at subscription and 50 percent later. Copper Producers' Association August statement delayed to next Monday.
MENTIONED IN THIS ARTICLE
Thorndike
Massachusetts Trust Companies
Eagle & Blue Bell
Eastern Talc Company
Money market tightness and rising call money rates
Local money was tight with 5 percent prevailing rates and some call loans at 4 1 2 percent for top collateral. Outside demand grew, pressuring rates higher while traders hoped for copper activity if funding stayed low. New York call rates hovered around 3 1 2 to 4 percent, with time money near 5 percent across dates.
MENTIONED IN THIS ARTICLE
New York
Boston
Sansa Wese Na
Ty Bankers’ Sterling
Ore Call Cheek Ae's
Vieisle
Aare
Reichsmarks
Giles
Copper and metal prices steady in London market report
Sept 6 copper and related metals quoted with small changes. Spot and futures values shown for copper, lead, zinc, tin, and antimony. London market summary notes bids, asks, and sales affected by regional demand and currency fluctuations.
MENTIONED IN THIS ARTICLE
Cookson
London
Dividends Declared by Several Companies This Quarter
Chicago Burlington & Quincy Railroad pays 2 percent regular quarterly dividend to stock on record Sept 19, payable Sept 25. Davel Mills Fall River 11-2 percent quarterly, payable Oct 1 to Sept 33. Hart Schafner Marx 18-4 percent preferred, payable Sept 30 to Sept 20. Manhattan Shirt initial 13-4 percent preferred, payable Oct 1 to Sept 16. Chicago Junction Railways Union Stock Yards 11 Aug 112 percent preferred, payable Oct 1 to Sept 11. Chicago Junction Railways Union 2 percent common, payable Oct 1 to Sept 11. British Columbia Copper 8 percent quarterly, books close Oct 1 reopen Oct 16. J S Case Threshing Machine 13-4 percent preferred, payable Oct 1 to Sept 18.
MENTIONED IN THIS ARTICLE
Chicago, Burlington & Quincy Railroad Company
Davel. Mills
Fall River
Hart, Schafner & Marx
Manhattan Shirt Company
Chicago Junction Railways
Chicago Junction Railways& Union Stock Yards Company
Chicago Junction Ratilways & Union Stock Yards Company
British Columbia Copper Company
J. S. Case Threshing Machine Co
Bond Market Notes from Various Cities
Dedham rejects all bids for 10,000 dollar four percent notes. Elizabeth New Jersey announces 30,000 dollar four point one four percent bridge bonds. Central Illinois Public Service sells 3,000,000 first refunding bonds. Westchester Manor invites proposals by September seventh for 14,000 five percent bi year highway bonds. NYSE lists 1,000,000 five percent ten to twenty year mortgage bonds and 10,000,000 thirty year mortgage bonds. Minneapolis awards 150,000 four percent thirty year park bonds and 25,000 four percent twenty year fire department bonds. Blair & Co buys 2,000,000 Republic Iron and Steel ten eighty year five percent bonds. Authorized issue stands at 25,000,000 with 13,305,000 issued.
MENTIONED IN THIS ARTICLE
Amtae Tel
Ieee
Butte Ballak Treve
Heela
Daly West
East Butte Heen Eas
Fitchburg
Mason Valley
Nevada Ae
North Bath
Old Dominion Alony
Pond
Eae
Utah
Consol
West End of
Wolverine Co
Central Illinois Public Service Company
N. W. Salsey & Co
Russell Brewster & O
New York Stock Exchange
Mortgage Bond Company of
New York
Southern Bell Telephone & Telegraph Company
Minneapolis, Minn
E. H. Rollins & Sons
Blair & Co
Republic Iron and Steel
Cotton Markets Show Sharp Rally After Early Decline
Following unfavorable Liverpool cables and rains in the Atlantics the market opened lower but then rose sharply 33 to 35 points from the low as demand grew. Crop accounts remain generally unfavorable with prospects declining, while short covering reduces some pressure and notable shorts stay active.
MENTIONED IN THIS ARTICLE
Liverpool
Atlantics
Calendar for Today Evening Meetings
Rail lines Chicago and Indiana routes plan meetings on today’s calendar. Wisconsin Central and Iowa Central also schedule sessions with emphasis on book deadlines and station updates.
Bond Market Activity Mixed In New York Trade
The market showed fairly active trading with irregular prices. Key dealings centered on Atchison and St. Paul convertibles, New York city issues, Mexican Petroleum 6s, and New York Railways bonds. United States Government bonds were also cited.
MENTIONED IN THIS ARTICLE
Atchison and St. Paul
New York City
Mexican Petroleum
New York
Grain markets trend downward amid new wheat lows
New low wheat records were set with near futures around 90 cents and May under 9. The market showed a downward tendency all session as demand softened. Patten emerged as a strong buyer of September and May corn, supporting early rallies before gains faded. oats stayed steady with minor declines. Minneapolis receipts and weather notes through Battleford and Canadian points are included.
MENTIONED IN THIS ARTICLE
Patten
Liverpool
Paris
Antwerp
Budapest
Berlin
Minneapolis
Duluth
Chicago
Battleford
Chicago Market Bid Ask and Bond Listings
Market quotes show bids and asks across multiple issues including Am Ship 47 473, Fisheries do pfd 88 90, Canal & D K 58, Chicago Rys 170 190, CG Edison 188% 140, Chicago Ei Ry 382 335 do pfd 89 92, Chicago T & T 216 217, Chicago Tel 142 145, Pneu Tool 52% 53, Nat Garton 117 128, do pfd 118 121.
MENTIONED IN THIS ARTICLE
Ask Am Ship
Fisheries
Canal & D’k
C Rys
CG Edison
Nat Garton
Houghton & Dutton Plans Bond Issue and Trust Formation
S Moseley & Co offer 2 million dollars in bonds for the newly formed Houghton & Dutton Building Trust with 500 thousand preferred and 1.5 million common stock. Bonds bear 4.5 percent interest for 20 years to October 1 1932 and are tax exempt. Trust will buy buildings they lease back for 32 years to the department house, funding up to 500 thousand in improvements and providing a sinking fund of 25 thousand annually.
MENTIONED IN THIS ARTICLE
Houghton & Dutton
Houghton & Dutton Company
Building Trust
Department House
Champagne conspiracy charged against railroads
A wine dealers firm accused the Atchison Topeka and Santa Fe and four other railroads of discriminatory rates. They claim California champagnes paid 2 per hundred pounds to New York but 2.25 for New York to the Pacific Coast, effectively barring foreign wines from the West.
MENTIONED IN THIS ARTICLE
Washington
Atchison, Topeka and Santa Fe
Inter-State Commerce Commission
California
New York
Pacific Coast
Also Mentioned on This Page
Kidder, Peabody & CO
Wall Street
Devonshire Street
Albany
Worcester
Providence
Springfield
Hartford
New York Market
Attariel Co
Goldfield Tewee
Eae Ee Ee
H'M Exp Co
Interet Ee
Wee Bose
Kk & Des Moines
Lehigh Valle
Liggett
Loose-Wil Co
Loose-Wi
Loose-Wiles
Nynh&h
Nor & Wes
Rock Island
Studebaker
Eurege
Texas
Union Pacific
Uscip&f
C&c
Cesworth Co
United
Deyerchi
Q Street
Boston Stocks
Eaeer
Wehaee Sas
Bug Tarewanors Sais
Butte & No
Paso
Flor Goldfield
Giroux
Greene Cananea
Houston
Inter Rubber
Tonopah Belmont
United Copper
Weitlaufer Seeee
State Street
Boston News Bureau
Rhode Island
North Butte
Chicago Junction Railways & Union Stock Yards Co
Chicago Junction Railways Co
William A. Paine
Thomas
Dee
Irving J. Sturgis
Lake Superior
Europe
Mr. Sturgis
Isle Royale
Superior
Copper Producers’ Association
London Market
Erie
Eure
Ashville
Louisville i. Pee
Norfolk & Estern Pf
Iistes xi
Betwen Reserene Eeteeeeee Southern Railway
Eee Eee Aeereeares
Money Market
Metal Markets
Atlanta
Dome
Blue Bull
O'Br
Hollinger
Pearl Lake
D'field
Por Gold
Nce
Bel Jim Butler
Rea Mines
Midway Ton
Montana
Buffalo
Leon
Coriagas
Prince Seven
My Orns Oo
Silver K C
Hargrave
Sioux
Tintie
Ue Tem
Nhce
Wilbert
High Point
Eeenee
Dedham
Mass
Union County Post Office
Elizabeth
N. J
Pelham Manor
Westchester County
N. Y
Thisia
Chicago & Alton
Chicago, Indianapolis & Louisville
Wisconsin Central
Iowa Central
National Shawmut Bank
Post Office Square
New England
Stock Exchange
Jak Hide & L
T & T Col
Arbor
Ros & Co
NY West
Nort
Nort & Wevt
ORI & P Rig
e+tevee Nort & Ww con
North Pacific
Cori&pool
Eenee
Eeses
Pacific T & T
Erie-Pa Coal
Indiazia Steel
L&s
San A & A
Seab
Tri City
Bklyn
Ce Gan & Raete
Mssmé
Camda
Ches & O
C & Alton
Pac
B&g Joint
Tr Co
Ctfs
Cm&stp Ev
Central Tr
NY O& W
Peeve Union
Ewente
Nueseesve
Ues
Jan la
Eeenverve
Ey Ceeeeseved Ld
Tereveterve
Itie
Eereeeenees
Snes
Ewer
Minneapolis Cogerseee
Dulu
St. Louis
Eoneeere
Kansas City
Toledo
Philadelphia Market
Aak
Am Cement
Phila Co Es
Cam Steel
Phila T. el Co
Hunt & BT J & Seash
Lake
Do Inc
Rys Col
Consmé&Ets
Do Tr c
Leh Valley
Baia Do
Pa Steel
Welab
Chicago Market
Ask
Quaker Oats
Swift & Co
Morris
Ogden Gas
Pneu Tool
S Bay
Houghton & Dutton Building Trust