New York Central Stock Sags Amid Profit Questions
The New York Central & Hudson River Railroad stock sits around 112 with a 6 percent dividend, after high yields in prior years. Analysts cite weak management, reliance on western subsidiaries, and a heavy past leverage as causes for reduced market confidence despite a long dividend history since 1870.
MENTIONED IN THIS ARTICLE
New York Central & Hudson River Railroad Company
Harriman
New York Central
Wall Street
Hudson River Railroad Company
New York Central Railroad Company
Boston
New York
Chicago
West Shore Railroad
Central
Buffalo
Boston & Albany
The
Lake Shore
Michigan Central
Cleveland
Cincinnati
Chicago & St. Louis
Chicagro
Western
Michigan Southern
United States
Romi
Market Sentiment Improves Despite Maine Result
New York and Boston trading showed gains with Reading and Rock Island among active issues. Analysts noted modest opening, midday standstill, and a late rally boosted by dividend recoveries, Interboro report, and northwest crop signals.
MENTIONED IN THIS ARTICLE
Maine
Washington
Union Pacific
Rock Island
Reading
St. Paul
Shorts
Interboro Rapid Transit
Kuhn, Loeb & Co
Phelps, Dodge & Co
Rock Island Company
Gentral
el Paso & Southwestern Railroad Company
el Paso
Texas
Benson
Arizona
el Paso & Southwestern
Chicago, Rock Island& Pacific Railway
Santa Rosa
New Mexico
Chicago, Rock Island & Pacific
Pacific Coast
Chicago
Kansas City
Thompson, Towle & Co
Harriman
Chicago, Rock Island & Pacific Railway
Southwest
Harriman Lines
Phelps, Dodge &Co
Market summary from The Boston Market
The Boston Market reports bond and stock price movements with total sales and comparisons to the previous close. Financial activity includes brief notes on market direction and liquidity across bonds, equities, and related instruments for the session dated September 13.
MENTIONED IN THIS ARTICLE
Boston
Boston Curb Market Leads with Broad Street Strength
Local curb market activity mirrored gains on larger exchanges with Chino hitting a new high of 17 and advancing 118 points from its open. Yuma rose to 50 cents and Arizona Michigan moved from 15 to 23 cents as brokers welcomed the broad pace while National Exploration showed weakness in contrast. Fluctuations across the list follow.
MENTIONED IN THIS ARTICLE
Kcfs&m Inc
Kcm&r
Atchison
Ny&ng Bus & Albany
Union Pacific
Allouez
Cal & Arizona
Cal & He
Daly West
Elm River
Greene
Michigan
Nevada
Nipissing
North Butte
ORK
Utah
Boston
Georgia
Pullman Co
Gulf Pf
Boston Corbin
Butte Ballak Ater
East Butte
Giroux
Fancock
Helvetia
Indiana
Isle Boyate
Chino
Arizona-Michigan
Calaveras
Bly Central
Yuma
Amal Nevada
Ariz Ananea
Ariz Mines
Ariz Mich
Arizpe
Bay State Gas
Bohemia
Caetus
Cal & Corbin
Davis Dales Ces
Domin Syndicate
Ly Central
Oslo
Inspiration
Laramie Inter Rotary
Mason Valley
Douglas
Ohio
Tan Ray Central
South Lake
Stewart
Milk Street
Low
H&l
T & Ts
Charles A. Stoneham & Co
State Street
B& O
Beck
Bullock
Bethlehem Steel
Carisa
Bklyn Rot
Cerlay Au
Bklyn
Colorado
Columbus
Crown Point Bos
Central Leather
Uss
Osly
Grand Central
Bay Nevada
Ch & Gt West
Bingham Copper
Rs& P
South Columbus
Col & Son
Sioux
Erie
Hoek Valley
Ios
Inter Met
Kings Coller
Lake Shore
Louls & Nash
G&p
NY & NH
Ne&w
NRL
Nor & West
Oregon
T&t
St. Foine
Union Pac
Amr
West Shore
NY City
LOK
New York Stocks and Rail Commission Approvals Reported
News brief notes a Lynn Massachusetts loan award of 200000 maturing with discounts and a Tolman and Tupper rate. the Railroad Commissioners approve a Shelburne Falls and Coleraine Steel Railway issue of 95700 over 20 years at five percent interest. discount rates and related financial items follow in a terse market update.
MENTIONED IN THIS ARTICLE
Lynn
Mass
Reneeee
Loring
Tolman & Tupper
Shelburne Falls
Coleraine Steel Railway Company
Quotations Furnished By Industrial Stocks and Dividends
Quotations furnished for numerous companies with dates for stock closings and record dates. Lists include Mergenthaler Linotype Pittsburg Plate Glass Sloss Sheffield State Street West End Street Railway St Joseph Railway Light Heat Power Butte Electric United Fruit Virginia Carolina Chemical and related preferred and common shares with Sept Oct dates and percentages.
MENTIONED IN THIS ARTICLE
Mergenthaler Linotype Company
Pittsburg Plate Glass Company
Sloss Sheffield Steel & Iron Company
State Street Exchange
West End Street Railway Company
St. Joseph Railway, Light, Heat & Power Company
Butte Electric & Power Company
United Fruit Company
Virginia Carolina Chemical Company
Valuable Financial Glossary From Hornblower & Weeks
Hornblower and Weeks publish a combined financial glossary and dictionary in a blue leather bound manual. It includes 115 pages of finance data plus vital statistics on crops metals money growth of cities and business with topics such as interest law tables and a reference calendar.
MENTIONED IN THIS ARTICLE
Hornblower & Weeks
Local Market Seen Firm as United Fruit Rises on Dividend News
The market showed keen interest with firmer tone and active trading near day’s end. United Fruit rose to about 200 dollars a share after news of a 2 percent dividend plus a 10 percent right to subscribe to new stock, with an Oct 24 stockholder meeting to authorize new capital.
MENTIONED IN THIS ARTICLE
United Fruit
New York Fuais
Boston
Maverick Mills Board Grows and Finances Reported
At the Maverick Mills annual meeting the board increased from six to seven with Jere A. Downs elected. The group includes Galen L. Stone Eugene N. Foss Jere A. Downs William J. Hoyt Calvin Austin Robert Burgess and John L. Rice. Downs and Rice were re elected treasurer and clerk. Financials show stock receipts to July 1 1910 total 1250000 expenditures 1093144 leaving 156856. Operations expected to start with 1000 spindles within 60 days.
MENTIONED IN THIS ARTICLE
Maverick Mills
Jere A. Downs
Galen L. Stone
Eugene N. Foss
William J. Hoyt
Calvin Austin
Robert Burgess
John L. Rice
John I. Rice
Downs
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Investment Securities Letters OF
Foreign Exchangeredit
Baring Brothers & Co., Ltd
London
Lehigh Valley
Stork
Pennsylvania
Steel Common
Atlantic Coast Line
Chicago & Alton
Torrington Pref
William E. Soule
Reeves
Cee Severtrerees
Ster
Franes Whee
Reichsmarks
Sedereane
Jan
Kerr Lake
Tui & Coboe Gt
Smelt & R
Atl
Beth Steel
Brooklyn RT
Brunswick
Ches Ohio
CM &S P
Soo Erie Tate
Int Harvester O
Kcfis& M
Long Island
Louis
N.Y Central
Nynh Rte - Pa
NX OG . Ob
BOA
Soe Nor Am
Soe Nor & West
Thy
Fae Nor Pacific
Pacific Mail
Pitts Coal O. Oe
Tando
Ry St Spe
Sheffield
Texas Pacific
Tol Sle&w Oy
IBM
S Realty Nie
Viz Car Chem
Wabash Aeee Ees
Western Union
Westinghouse
W_& L E Ist
NEW York Bonds
Manhattan
McKinley Darragh
Miami
New Utah
M&s
Nipissing Mines Co
Ohio Copper Seeee T
Union Mines
Yukon Gold Mines
Guandler Brosi Ga
Salt Lake
Jan Pesevees
Jan Shee Nee
Ghandler Bros
Bankers and Brokers
Milk St
New York Stock Exchange
Philadelphia Stock Exchange
Chicago Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
Henry Clewe
Lincoln Trust
CG St. Junction of Summer Baton
Amelia
Mexican Metals Company
National Mining Exploration Company
N. L. Amster
San Ray State Gas
Columbia
Cobalt Central
Ariz Bee
Carisa Oe
Davis Daly
Fly Central
Kerr Lake Eeeay
F. L. Milliken & CO
Bankers
the Powers State St
R. G. Latham
Broadway
N. Y
Tanpe Russe Stock Exchange
Newark
Humboldt Smelter
Richard J. Burton & Co
Congress St
Elms & Company
Doane St. Toston
Charles A. Hubbard
Autopress Company
Jensen Confectionery Cons
C. C. Cranberry
A. E. Long & 0
Stnieste
Roth
HARR
Jacobs & CO
Devonshire St
James Shay & Co
State St
Books
Open Copper Range Consolidated
Miami Copper
National Lead Common
Broad Street
Brooklyn Rapid Transit
A.H. MacKenzie & CO
Martin
Ts Post
Washington St
Commonwealth OF Massachusetts
Suffolk
Michiael J. Clip. Ford
Tlano ‘I Connors
Walpole
Nrfolk
AL D
Boston Post
Bosson
Robert Grant
Esquire
Arthur W. Dolan
Register