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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 09, 1910
Page
14
Total sales in New York reach 248 200 shares and Boston 15 604 shares. Evansville Terre Haute leads New York gains, Osceola Consol. tops Boston gains, Calumet Hecla drops. Call money at 24 34% in Boston and time money 3 5% in New York.
The New York market closed irregularly after a session of zigzag moves led by American Hide & Leather. Union Pacific and Reading showed sharp changes while copper production and stocks guided the Copper Producers' Association August report. James McLean was elected chairman as Colonel Livermore resigned, with R L Agassiz joining the executive committee.
Yesterday's total shares traded edged past 14 000 with Steel common and Amalgamated leading activity. Giroux NY buying boosted volume to 1947 shares while prices stayed irregular. Calumet & Hecla slipped, Edison and Western Telephone Telegraph fell, Superior rose to a day high, and Osceola and Atchison advanced. Margin and exchange rates noted after quiet close.
The Parrot issues a 15 cent per share dividend the first since 1907 while owning 90,000 Anaconda shares earning about 180000 yearly. Parrot stock at 229,850 shares will distribute 34477.50, with total dividends to date at 21.70 per holder. Reports anticipate St Pauls year report showing a large surplus or deficit amid fires and business declines. California Smelter sector faces serious fumes impact with government oversight and capital projects underway.
August output at Kerr Lake reached 200000 ounces of silver, down from July’s 205000, while Victoria Copper Company reports copper in its new shaft but not yet commercial ore. Ely Central notes a narrow porphyry stringer near the Eureka shaft and expects cross-cut progress to contact limestone and porphyry. Ojibway stockpile grows awaiting mill testing next year, as Brookline Bank and Downer join New Boulevard Trust as treasurer and treasurer. grain and crop estimates from Hayden Stone forecast large spring and total winter crops including corn and oats.
The Boston Market reports the course of stock and bond market prices with total sales and comparisons to the previous close for the day. Market activity includes notable movements in major securities and indices as traders react to early session data.
Yesterday the Boston curb market showed class and spirit with prominent names such as Ely Central National Mining exploration Bay State Gas Chinoopper Goldfield Consolidated Algoimnal Massachusetts Coal & Power Rawhide Coalition Majestic Champion Copper Arizona Mines Arizpe Rights Mexican Metals and Mason Valley. Prices were irregular with detailed fluctuations provided.
A brief market note reports bond questions or disputes involving Ghander Bros & Co, possibly linked to New York securities. The item hints at confusion over bond listings or pricing and notes a response from brokerages.
Norfolk & Western reports annual gross business around 35 million dollars, up about a million from the prior year end. Net earnings lag slightly due to 6 percent wage increases and ongoing high maintenance costs, with July earnings near 986 thousand compared with 1,009 thousand last year, while surplus earnings exceed the 5 percent dividend threshold by about 1.3 million.
North American Rubber has a limited order from a New York banking house for 2750 shares. Offerings must be bona fide and not subject to prior sale. State lowest price and send by 3 P.M. Monday Sept 12. All communications confidential. EF AO OA the Post.
At a board meeting on Saturday October 1 1910 Copper Range Consolidated Company declared a quarterly dividend of 1 00 per share for stockholders of record at the close of business September 6 1910. Transfer books close September 6 and reopen September 14 1910. Frederic Stanwood Treasurer. Boston August List 1910.
A fragmentary notice references totals for stocks bonds and rights with figures like 959 shares and 6648 shares plus bonds and rights values. No clear party or date is provided. The garbled text limits precise interpretation of the overall financial items and their organizer.
The treasurer awarded 275000 in four percent bonds dated Sept 1 1919 and maturing at specific dates to N. W. Harris Co at 101 397.
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