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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 29, 1915
Page
16
Westinghouse shows top trading interest with gains over nine points amid strong copper shares. Interboro-Metropolitan Common-Market in New York also follows, while Arcadian joins the leaders.
Daily totals show New York sales of 893 800 and Boston 92 177 shares with Westinghouse and Butte & Superior as the most active issues. Year to date figures: New York 36 461 300 shares and Boston 3 730 137 shares. Comparisons with last year show higher New York and Boston volumes. Westinghouse up 9 to 95 on the New York list. Liggett & Myers down 3 to 224. Ahmeek Mining up 5 to 385. Calumet & Hecla down 5 to 600 in Boston.
New York trading showed strength in local traction issues and industrials as Interborough-Metropolitan and Westinghouse led with notable activity. General Electric New York Air Brake and Locomotive stock rose, while a Baltimore and Ohio note issue more than met demand. Total volume reached 894000 shares with bond activity including New York Central debentures and private bank sales.
New York market daily figures show high and low prices with quick quotes and a comparison to the previous close. The list provides intraday ranges for key stocks and overall market movement for April 28.
The Boston market shows gains in Butte & Superior to a new high of 69 1 2 as North Butte leads copper with 37 3 4, while Boston Elevated slips to 8 and U S Smelting adds 1 1 2 to 39 1 2. Eagle & Blue Bell earns about 10 000 monthly as metal price holds near 18 3 4 cents.
The Boston Stock Exchange summary reports the day’s high and low prices along with current figures and a comparison to the previous close. Specific securities traded and their movements are listed in the daily bulletin.
Illinois Central posts March revenue of 5 103 745 with a net 960 829 and a loss 369 634 while nine month figures show a decline. Southern Railway reports March gross 5 290 249 compared with 6 064 598 and net 1 253 271 versus 1 318 796.
Steel common shares slid on a disappointing quarterly report showing net earnings of 12.46 million versus 15 million forecast. Yet early strength followed by a steady monthly rise suggested improved April earnings near 10 million and a quarterly rate around 30 million, with traders noting a cautious chart pattern and potential war order boosts from Westinghouse.
The Baltimore and Ohio Railroad issues 40 million dollars in short term notes at four and a half percent, split with half maturing in two years and half in three. Proceeds go to retire 35 million in notes due June 1. Critics say frequent short term financing is costly compared with long term bonds and may repeat if markets tighten.
The report notes gross earnings of 47,326,234 against 54,095,612 and not 9,622,941 compared with 13,885,870. Calumet & Hecla expects to begin shipments from its White Pine property to Hubbell smelter soon.
The article lists April copper prices from New York large selling agents and Calumet & Hecla, second hands and electrolytic premiums, along with April spelter and East St Louis quotes. It covers Joplin zinc ore strength, lead bids in New York, Straits tin, several metals by brand, aluminum purity, quicksilver, platinum, and iron prices for Boston and Birmingham delivery.
In the past week American Zinc Lead and Smelting retired 6 per cent bonds totaling 258000, leaving 138000 outstanding convertible into stock at 40 shares per 1000 bond. Portland Maine sold a 100000 temporary loan at 3.11 percent discount. Kuhn Loeb and Speyer bought 40000000 412 per cent secured notes from Baltimore and Ohio Railroad. Public Light and Power first mortgage 5 per cent sinking fund bonds being offered by Stranahan. Birmingham Railway Light and Power sold 1150000 two year 5 per cent notes to Rollins and sold 640000 refinancing and extension 6 per cent bonds due 1957.
In testimony Col. Theodore Roosevelt details talks with Sen. Thomas Platt over the 1908 vice presidency and the 1910 Saratoga convention. He recalls urging, resisting, and negotiating with party leaders in Philadelphia and at Oyster Bay as he weighed renomination and direct primaries.
Thousands visit the Morgan Memorial building on Shawmut avenue to felicitate the pastor Rev. E. J. Helms as he enters his 21st year of service. From afternoon to night visitors inspect the institution and meet the pastor.
Police at West End launch crackdown on young men and women with drugs. William Dwyer, 45, of 17 Cambridge Street, arrested after officers Donnelly and Hogareth seize dope. Nine arrests already made by same team at Joy Street station.
A letter to Massachusetts lawmakers objects to a plan to invite both legislative branches to a private screening of The Birth of a Nation at Tremont Theatre. The letter argues the invitation would amount to a gratuity from opponents of the Sullivan bill and delay needed action, warning the film harms colored citizens.
More than 25 B A A members and five Portland Gun Club shooters depart for Travers Island New York for the national amateur clay bird championships this Saturday. The B A A first team of 10 faces the New York A C first team for the second time this season Friday afternoon. The B A A second team meets the New York A C second ten the same day in a previously unplayed matchup.
In South Boston on April 28 Dennis McSweeney died at his residence 87 West Sixth street. Funeral arrangements are listed in the notice.
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