Hardening Call Money Rates Weigh on Price Decline
Missouri Pacific and Canadian Pacific show notably strong features as the market shifts. East Butte sells at 1634 a new high record and Calumet and Hecla advance 15 points net to 595 amid trading activity and price movements.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Canadian Pacific
East Butte
Calumet
Hecla
Market Highlights Yesterday and Year to Date
New York total sales 687000 shares with most active Steel common 170200. Boston 45864 shares with East Butte Mining 9446 shares. Year to date New York 95114800 shares. Boston 8871296 shares. Last year New York 86027700 shares. Boston 4620249 shares. Notable gains Del Lack & Western in New York and Calumet & Hecla in Boston. Lorillard and Edison Electric show losses. Call money New York 6 percent. Boston 5 to 6 percent. Time money New York 5 1 4 to 5 1 2 percent. Boston 5 to 6 percent.
MENTIONED IN THIS ARTICLE
York
Boston
New York
Steel Common
East Butte Mining
Del
Lack, & Western
Lorillard. Co
Calumet & Hecla
Edison Electric
Time
New York Stocks End Mixed After Volatile Session
Market opened strong with gains in Canadian Pacific and Consolidated Gas while Reading declined after its annual report. United States Steel and American Smelting led industrials as bond prices eased, with profits trimmed by late selling and a small overall decline. Union Pacific earned $565,000 in August and Southern Pacific $944,000 as rail shares benefited from August earnings.
MENTIONED IN THIS ARTICLE
New York
Canadian Pacific
Great Northern
Consolidated Gas
Reading
United States Steel
American Smelting
Harriman
Union Pacific
Southern Pacific
Southern Railway
United States
Dividend notices United States Smelting Refining and Mining Co
The directors declare a quarterly dividend of 8 7 percent on Preferred Capital Stock and 3? 4 percent on Common Capital Stock, payable October 15, 1912 to stockholders of record September 30, 1912. F W Batchelder, Treasurer.
MENTIONED IN THIS ARTICLE
United States Smelting, Refining & Mining Company
Haverage
F. W. Batchelder
F. F. Blanchard
Island Creek Coal Company
ee cerelatns +freene
Island Greek Coal Company
K. W. Batchelder
Reece
Francis A
Francis A. Seka
Stock Market Slumps With New York Trends On Local Day
Boston market mirrors New York with about a quarter lower turnover as Dow stocks weaken. East Butte climbs to a record high on 9446 shares before closing mixed. Massachusetts Electric shows strength with gains in both common and preferred. Edison Electric rights hold around 9. Electric stock trades narrowly with an irregular close.
MENTIONED IN THIS ARTICLE
Boston
New York
East
Butte
Massachusetts Electric
Edison Electric
Butte and London shares lead curb market rebound
Butte and London rose from 60 to 70 cents, closing at 65 cents amid news that copper leader T F Cole took control of Butte and London. Eagle and Blue Bell fell early to 97 cents but recovered, with a high of 137 1/2 cents as support steadied the market. Corbin Copper Calaveras Cactus and Bay State Gas also featured. Detailed fluctuations followed.
MENTIONED IN THIS ARTICLE
Butte & London
Butte
T. F. Cole
Eagle & Blue Bell
Corbin Copper
Calaveras
Cactus
Bay State Gas
Alaska
Corbin Tree Aee
Davis Daly
Eagle & H Beil
Goldfield Consol
Humboldt Tae
Laramie
Douglas
Oneca
Miami
South Lake
Dividends Payable Calendar Today
Dividends payable for Phelps-Dodge American Agricultural Chemical Joliet and Chicago National Biscuit Public Service Corp listed with ex dividend status under today’s calendar.
MENTIONED IN THIS ARTICLE
American Agricultural Chemical
Joliet & Chicago
National Biscuit
Public Service Corp
Iron and steel markets and railroad earnings in early 1913 scope
The Iron Trade Review notes heavy first quarter tonnage despite limited new orders with ship yard quotes for steel bars iron bars and plates. It reports progress on Wabash-Pittsburg terminal and Wheeling & Lake Erie reorganizations, strong foreign demand for securities, and China loan prospects. Railroad earnings for 1912 show record gross but lower net profits amid tax increases, with rates and banking moves signaling tight money and ongoing gold imports.
MENTIONED IN THIS ARTICLE
Iron Trade Review of
Cleveland
Wabash-Pittsburg
Wheeling & Lake Erie
New Copper Trust Planned To Take Over Tennessee Ore Assets
New York reports plans for a 25 million dollar company to assume Tennessee Copper Company assets. Stockholders will swap each share for two new shares, with 100000 new shares sold at par to raise five million dollars for a DdDlast furnace at Duecktown. The project aims to lift iron ore output and boost earnings by about twelve percent on the new capitalization.
MENTIONED IN THIS ARTICLE
New York
Tennessee Copper Company
Duecktown
Tenn
Money Market Fluctuations In New York Call Money Rates
Rates for call money in New York yesterday varied from 5 percent to 614 percent while the ruling rate stood at 5 percent. The 7 percent call money rate, the highest since December 40 1910, was argued not justified as millions were offered at 6 percent. Demand for call money was brisk and time funds light. Time funds ranged 1 to 4 1 2 percent for 60 days, 5 1 2 percent for 9 days, 1 2 to 5 3 4 percent for four months, and 5 1 2 percent for five and six months. Local money and foreign exchange quotations were listed.
MENTIONED IN THIS ARTICLE
New York
Market Report Mixed with Bond and Stock Ticker Totals
A cluttered page shows bond prices and railroad stock figures with totals for the period. It lists several companies such as Union Pacific and Chesapeake and Ohio, tracking prices, percentages, and 9 week totals with comparisons to the prior year.
Bond issues bid and sale notices across New England
New Bedford sells 175000 in 4 per cent school bonds and 100000 fewer 4 per cent bonds plus 50000 municipal loan to E H Rollins. Nashua invites bids for 50000 five per cent bridge bonds. Northwestern Gas Light & Coke notes 3.5 million sold to a syndicate including Lee Higginson Co. and N W Halsey Co. Resex bids on 25000 school house bonds. New York Edison buys majority of Longacre Electric 4 per cent bonds.
MENTIONED IN THIS ARTICLE
New Bedford
Mass
E. H. Rollins & Sons
N. W. Harris & Co
Blodget & Co
Nashua
N. H
Northwestern Gas Light & Coke Company
Lee, Higginson & Co
N. W. Halsey & Co
Russell, Brewalter & Co
New York Edison Company
Longacre Electric Light & Power Company
Metal prices hold firm amid tin surge to new highs
The metal exchange shows a firm tone with tin hitting a fresh peak. Oct tin sells 25 tons at 503-4. Copper remains unchanged and spelt and antimony show gains. Lead and sp(el)ter stay firm with varied quotes. iron grades steady and Hendon reports spot and futures values for tin at 79 and 79 188 9d.
MENTIONED IN THIS ARTICLE
CPS
Cookgsons
Northern
Southern
Hendon
Grain Markets Close Mixed Amid Liquidation and Rallies
Reports show continued grain liquidation on lower cables and freight shortages with liberal receipts and softer cash milling demand. Prices recovered somewhat from steep declines though declines persisted for corn and oats with various spot months finishing lower.
Forty Fifth Massachusetts Veterans Gather for 50th Reunion
About 150 of 255 known survivors attended a reception in the First Corps of Cadets armory on Columbus Avenue marking the fiftieth anniversary of the regiment's departure from Camp Meigs Readville for Civil War service. Notables included Hiram Nye 96 and Joseph B. Lord who enlisted at 15. A drum was presented to the cadets, and a tablet at Readville camp was unveiled.
MENTIONED IN THIS ARTICLE
Massachusetts
First Corps of Cadets
Columbus Avenue
Veteran Association of the
Independent Corps of Cadets
Camp Meigs
Readville
Veteran Association
Forty-fifth Regiment
Hiram Nye
Joseph B. Lord
Charles R. Codman
Franklin B. Joy
Francis H. Appleton
Veterans’ Association
Edmund F. Partridge
Franklin
Mr. Partridge
Joy
Woodrow Wilson Club Formed in Brookline
Citizens of Brookline organize a Woodrow Wilson club in Town Hall with Sherman L. Whipple as speaker. Temporary officers named include Alexander Bannwart president George B. Hitchcock secretary Dr G W Kaan treasurer and E N Vallandigham E J Stewart E J Burke and George S Nyder as executive committee. A rally next Tuesday will establish a permanent organization.
MENTIONED IN THIS ARTICLE
Wilson Club
Brookline
Woodrow Wilson Club
Town Hall
Sherman L. Whipple
Alexander Bannwart
George B. Hitchcock
G. W. Kaan
E. N. Vallandigham
E. J. Stewart
E. J. Burke
George S. Nyder
Churchill Nominated Governor by Progressive Convention
Concord New Hampshire September 26 Winston Churchill author and publicist was unanimously nominated for Governor at the Progressive convention. In accepting the nomination he spoke briefly about public service and reform.
MENTIONED IN THIS ARTICLE
Concord
N. H
Winston’ Churchill
Churchill
Progressive party principles promoted for social democracy in New Hampshire
A political manifesto argues for a new Progressive party led by its first chief in New Hampshire. It attacks Democratic and Republican ideas as outworn while asserting a strong accountable government, social justice, and majoritarian consent as core beliefs.
MENTIONED IN THIS ARTICLE
Progressive Party
New Hampshire
Democratic Party
Caplet Again Opera Leader
Henry Russell, director of the Boston Opera Company, arrives aboard the Olympic and confirms Tales of Hoffmann as Boston season opener on Oct 2. Andre Caplet is re-engaged as chief conductor. Weingartner returns to conduct Tristan und Isolde Don Giovanni Otello Aida and others. Marcel debuts as Desdemona and creates Djameleh in America at the Boston Opera House.
MENTIONED IN THIS ARTICLE
New York
Henry Russell
Boston Opera Company
Boston
Andre Caplet
Mr. Russell
Mahler
Vienna Opera House
Felix Weingartner
Otello
Aida
Mme. Marcel
Desdemona
Djameleh
Bizet
America
Boston Opera House
Don Giovanni
Mme. Destinn
Donna Anna
Mr. Marcoux
Don Juan
Mr. McCormack
Don Ottavio
Alice Nielsen
Zerlina
Miss Nielsen
Mr. Scotti
Wolff Ferrari
Secret of
Suzanne
Mme. Schumann-Heink
Il.trovatore
Mme. Tetrazzini
Mr. Zenatello
Mme. Gay
Mary Garden
Tosca
Mass Meeting Unites Boston Telephone Operators and Electrical Workers
About 700 workers gathered at Faneuil Hall as 300 women from the Boston Telephone Operatives' Union and roughly 400 male electricians heard leaders urge better pay and shorter hours. Speakers included Michael Birmingham, Henry Abrahams, Miss Mabel Gillespie, E L Beach, and John B McPheargon.
MENTIONED IN THIS ARTICLE
Boston TelePhone Operatives’ Union
Electrical Workers
Faneuil Hall
Michael Birmingham
New England
International Electrical Workers’ Union
Henry Abrahams
Boston Central Labor Union
John R. Murphy
Mabel Gillespie
Lee
E. L. Beach
Charlestown Navy Yard
Henry Sterling
Boston Typographical Union 13
John B. McPheargon
Civic Federation of New England
Philip J. Halvyosa
Boston
Swift For His Delay Criticized By Hotel Workers Union
A hotel workers union session adopted resolutions attacking Attorney General Swift over the 54 and 58 hour law as it applies to hotel workers. The meeting took place yesterday afternoon and focused on labor standards and enforcement.
MENTIONED IN THIS ARTICLE
Hotel Workers’ Union
Swift
Boston Hotel Strikes Put to General Strike Call
A resolution urges Governor Foss to probe hotel and restaurant inactivity in Boston as unions push a general strike. Attny General opinion delays blamed. Chief J H Whitney cited. Mass meeting planned at Faneuil Hall with Panekn and Balem among speakers to decide on a statewide work stoppage. Union committee seeks talks with Whipple hotels and American House managers. board of arbitration has not secured managers’ assent.
MENTIONED IN THIS ARTICLE
Foss
Boston
J. H. Whitney
Connolly
Swift
Faneuil Hall
Jacob Panken
New York
John J. Balem
Blochlinger
Thomas G. Connolly
State Board of Arbitration
Whipple Hotels
State Board
Matty Beats Ambulance in Rescue Drive
Christy Mathewson, famed Giants pitcher, helped save two crash victims in Washington Heights by directing an ambulance arrival, lifting the men into his car and racing to a hospital with police. The injured are Frank O Neil and William Popp in serious condition.
MENTIONED IN THIS ARTICLE
New York
Christy Mathewson
Giants
Washington Heights
Frank O'Neil
William Popp
Thacher Seeks Support After Democratic Nomination
Yarmouthport September 26 Thomas C Thacher says he accepts the Democratic congressional nomination without contest and thanks supporters He pledges to work to cut living costs while safeguarding textile mercantile farming maritime and fishing interests in the district
MENTIONED IN THIS ARTICLE
Yarmouthport
Thomas C. Thacher
Democratic National Committee Seeks 750000 for Campaign
The Democratic National Committee needs 750000 to cover expenses for the remainder of the presidential campaign. Henry Morgenthau, finance chair, announced the amount on returning from Philadelphia where he organized a state finance committee. A 10000 gift from Samuel Untermyer was received today as Morgenthau planned visits to Baltimore and other large cities.
MENTIONED IN THIS ARTICLE
New York
Democratic National Committee
Henry Morgenthau
Finance Committee
Philadelphia
Morgenthau
Baltimore
Samuel Untermyer
College Men's Wilson League Opens Quarters
The Woodrow Ison College Men's League opened headquarters on the Hotel Lenox second floor with executive secretary Judd E. Dewey in charge. The league will form a Wilson organization of college men in cities and towns across the state and officials plan visits to urge the candidate’s appeal, focusing on college towns.
MENTIONED IN THIS ARTICLE
Wilson League
Woodrow Ison College Men's League
Lenox
Judd E. Dewey
Wilson
League
Pick Nutt to Oppose Washburn in Ward 10
Worcester city committee of the Progressive party announced Charles Nutt as their candidate for representative in Ward 10 to challenge incumbent Robert M. Washburn who seeks endorsements from multiple parties in the upcoming election.
MENTIONED IN THIS ARTICLE
Worcester
Progressive Party
Repubcan
Charles Nutt
Robert M. Washburn
Deaths Meenhan in Dorchester at 22
In Dorchester September 25 Josephine Meenhan wife of William Leighton Meehan nee McGillicuddy aged 22. Funeral from Mrs Arthur Wright 120 Massachusetts avenue Saturday September 28 at 8 15 am High mass of requiem at St M s Church at 9 oclock Relatives and friends invited to attend.
MENTIONED IN THIS ARTICLE
Meenhan
Dorchester
Josephine
William Leighton Meehan
McGillicuddy
Arthur Wright
Massachusetts Avenue
St. M .'S Church
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Texas
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United States Smelting, Refining & Mining Co
THE
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