Stocks Break Sharply After Brief Market Recovery
Prices in New York and Boston slump as volume surges. Union Pacific and Steel common led activity in their markets while Baltimore & Ohio fell to a new low for the year amid talk of dividend cuts. The shift wipes out much of the recent gains and fuels bear pressure as short interest grows.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
Gylvania
Wall Street
Brooklyn Rapid Transit
Local Market II Shows Price Irregularity and Bearish Tone
The Local Market II reports a day of price irregularity with a firm early tone that turned heavy as several spots weakened. Steel Common and Telephone show some activity. United Fruit climbs five points to 189 amid expectations of an extra dividend, while Wolverine Mohawk Allouez and Worth Butte suffer declines as traders lean bearish.
MENTIONED IN THIS ARTICLE
New York
Steel Commons
Telephone
Wolverine
Lake
Mohawk
Allouez
Worth Butte
United Fruit
Directors named for Tennessee Copper and Amalgamated Nevada firms
Elected directors include Horace M. Wilburn Joseph Walker Jr Richard Sutro and H A Weller at Tennessee Copper Company Wallace A Hopkins named director of Amalgamated Nevada Mines Company Live Oak anticipates final property payment of 400000 with large discount allowances Wolverine Company stockholders receive total 7040000 in dividends since organization This year’s disbursement 9 is the smallest since 195 and 11 in 1907 American Telephone and Telegraph offers 50000 new shares at par ratio one to five only 300000 remains unsubscribed likely to be taken by absent stockholders before deadline
MENTIONED IN THIS ARTICLE
Utah
Georgia
SS &7
Portland Fletheese
Pullman Co
Swift & Co
Securitife
Algomah
Boston Corbin
Butte Rallak
Island Creek
Isle Royale
Kerr Lake
Lake
North Lake
Fuelumne
Horace M. Wilburn
Joseph Walker, Jr
Richard Sutro
H. A. Weller
The
Tennessee Copper Company
Live Oak
Wolverine Company
American Telephone & Telegraph Company
Superior & Boston-Arizona Commercial Merger Plan
The Superior & Boston Company and Arizona Commercial plan a consolidation in which Arizona Commercial is taken over and about $600000 cash sits in the new treasury. The Superior & Boston will increase authorized stock by 350000 shares to 650000, with 5000 kept in treasury, and exchange 200000 shares for $1,000,000 Arizona bonds, 100 shares per 50 bond, if 75 percent accept. A $690000 bond issue, 6 percent, secured by a first mortgage, will be issued, convertible to stock at $5 a share and redeemable at 110. Bondholders may subscribe on a 20 Arizona stock to 1 Superior stock basis. Special meeting set Sept 30 in Globe, with transfer books closed Sept 25. Nine directors will be elected.
MENTIONED IN THIS ARTICLE
Superior & Boston
Arizona Commercial
Superior & Boston Company
Arizona Commercial Company
Boston
Globe, Ariz
Umme Homey Capital
Bay of
San Francisco
Orient
Asia
Pacific Ocean
China
India
Australia
Charles Edward Ertz
American Oriental Company
Boston Market Bond Prices and Trading Summary
The Boston Market reports stock and bond price movements with totals of sales and changes from the previous close. It lists bond activity and benchmarks for market performance, noting overall trends on Sept. 7.
MENTIONED IN THIS ARTICLE
Boston
Boston Curb Market Quiet, Mixed Moves Reported
The Boston curb market yesterday showed a quiet session with Majestic Amalgamated Nevada and Preston East Dome among notable movers. Fluctuations across the curb list are detailed, reflecting reactionary tendencies in price changes and activity.
MENTIONED IN THIS ARTICLE
Majestic
Nevada
Preston East Dome
Massachusetts communities announce bond bid deadlines
Medford invites bids by Sept. 12 for a 78 000 dollar 4 per cent school loan with annual payments of 4000 from 1912 to 1920 and 3000 for 1930 31. Woburn invites bids by Sept. 11 for a 9 000 dollar 4 per cent water loan with annual 1000 payments 1912 to 1922. A temporary 14 000 dollar loan dated Sept. 1 1911 maturing Sept. 1 1912 at 4 per cent interest will also be open for bids.
MENTIONED IN THIS ARTICLE
Medford
Mass
Ae Oe
Woburn
Calendar for Today Meeting Laurium Mining Special
Schedule notes a Laurium Mining meeting labeled special. Books closing and ex-dividend details appear for Cherapeake and OFio.
Also Mentioned on This Page
Union Pacific
Steel Common
Iowa Central
Iron
Coal & Coke
Wolverine Copper
BY William FE. Soule
Janes
Evivad
Nor Pac
Bay Consol
Rock Island
St. P
South Pacific
South Ry
Porto
Tenn Copper
Texas V Pacific
Texas
Tol S L & W
Baer Welw
U S
U ‘ S Steel
Fae
Maryland
West Union
Cele Joans
Mor -Palences
Ask
Coud
High Point
Iain
Low Point
Thomas Reinhard
Devonshire St
King St. W
Toronto
Bread St
Copper Range Consolidated Company
Frederic Stanwood
Lanston Monotype Machine CO
Philadelphia
Besord
Sellers Bancroft
AM. Importing & Trans
Wallace A. Hopkins
Amalgamated Nevada Mines Company
Superior
Boston-Arizona Commercial Merger
CB & Q
Atchison
Bos & Albany
Allouez Aeeenee
Ariz. Com
Eeeee Ty
Butte Coalition Owe
Cal & Arizona
Centennial
Frankleee
Michigan
Nevada Serene
Sugeeseoe & OD
Lee
Taco Eeerusee
Aim
Ieee
Covevesnes
East Ohio
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Do Pfeeee SG
Beth Steel Seer Ogtl Aw
Bkiyn
Oereeere
Aa Om
Roch & Pitts
Pacific Og
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Erie
Jowa Central
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Louis Nash
Mackay
Mer Marine Pf
Miami
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Houghton Ee
Douglas
South Lake
Verde
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F. W. Mason & Coc
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King Crowther
Si Library Bureau
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American Real Ag Berlin
MIS
Crete
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Senee
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Ore
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Thos
Fred’k Vietor
Julian Codman
Messrs, Wheelwright & Codman
George R. Sheldon
W. C. Sheldon & Co
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American Oriental Co
Benjamin P. Cheney
Atchison, Topeka & Santa Fe Railway Co
John A. Middleton
Lehigh Valley Railroad Co
Charles S. Rackemann
Messrs. Rackemann & Brewater
Isaac H. Clothier
Girard Trust Co
James Parrish Lee
American Light and Traction Company
Clarence Whitman
Messrs
Clarence Wattman & Co
Amory Eliot
Webster & Atlas National Bank
Frederic Bull
Edward Sweet & Co
Charles P. Warren
William Shillaker
Bush Terminal Co
Boston Old Colony Trust CO
Storey
Thorndike
Palmer & Dodge
Zabriskie
Murray, Sage & Kerr
PAGE
McCutchen
Knight & Olney
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HAL. D. Barney & CO
Broad St
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HOSS
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Chi
M & St P
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den & R
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Rubber Us
Wee
UG É US Steel
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Mary Cony
Westinghal & Mfg
Panama BS
Crown Chartered of Eee Ee
Bre
Foley O'Brien Oe
Hollinger Ener Enne
Pear Lake Ener
Ely
Giroux
Utah M
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Beck Tunnel of
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Chicago
Emi Ewe
Esaen
Arer
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Close
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Sit
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el Ric
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Commonwealth OF Massachusetts
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Patrick Conneely
High Court of Justice In
King’s Bench Division
South Boston Savings Bank
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John T. Kelly
Hannah J. Thomassen
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Nicholson
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Second St
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Ssignes of the Mort
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P Plant
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Fr. W. Bedell
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Tel
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Germany
Paul Senge