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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 03, 1916

Page

17

Market slides as motor stocks lead decline

The market weakens after a firm start as motor stocks drop due to price cutting by major dealers. Maxwell Motors falls to 77 1 4, Studebaker down over 4 points, and Willys-Overland sinks to 52 amid broader declines in zinc and war stock groups. Railroads show strong earnings, with New York Central and Pennsylvania posting record returns. New England Telephone announces new stock to fund construction.

Maxwell Motors Studebaker Willys-Overland Butte & Superior American Zinc N. H. State Hospital For Concord N. H Helen Sinclair N. H. State Hospital Moma the Post Goodrich Drug CO Dept Summer St Boston Atlantic Ave

Debt Structure Impacts Pennsylvania and Central Bank Bonds

The text argues Pennsylvania holds a larger stock portion of total capital than Central. In booms this hurts Pennsylvania, while in lean times it benefits due to Central’s bonded debt margin shrinking faster than Pennsylvania’s.

Pennsylvania Central

July copper, zinc, and steel trades report robust earnings

The notes show Shannon July copper output at 968000 pounds vs June 994570. Barret Company six month earnings after preferred div idends 2738463, up from 962479 in 1915 and 546077 in 1914, yielding 2414 percent on common. Sears Roebuck July sales 10071724. Merchants & Miners six month gross 3028000 up 25.8 percent. New Jersey Zinc earnings 8,735,292. Anaconda zinc refinery and Washoe plant upgrades slated for August.

Barret Company Anaconda Great Falls Washoe New Jersey Zinc Company Merchants & Miners Transportation Company

Money Markets and Financial Quotes for Aug 2

Current quotations show call loans at 3 1/4 to 3 1/2 percent for brokers and 3 1/4 to 3 1/2 percent for outside brokers. Commercial and collateral loans quoted around 4 to 6 percent. Commercial paper at 4 percent. Year money at 4 1/2 percent. Agricultural paper 90 to 180 days at 5 percent. New York funds at par. clearing house and Sub-Treasury credits noted. banks gained on Sub-Treasury operations with net gains since Friday. Foreign exchange market reports and banker quotes include various rates, with a prominent $1,347 figure cited for a specific exchange.

New York Federal Reserve Bank Nsec Essaenee Clearing House New York Funds Boston Sakeergcase Roses Treasury Credit Pschatiks Cdsvidet Ceoengiebee Sik Sub-Treasury Treasury Foreign Exchange Court ST Cor Cornhill BAY State Motor Gar CO Berkeley St Tremont St Rel Oxford P. S Harrison

Lincoln's Cottage Destroyed by Fire in Ashland Village

A house once owned by Abraham Lincoln, who lost a town selectman race last year, burned to the ground in Lincolnville, Ashland. Firefighters arrived after the structure was completely destroyed.

Ashland Abraham Lincoln Lincolnville

Trade and Bond Transactions Highlight a Busy Market Day

The New York stock exchange bond activity shows substantial trading with a mix of government and corporate issues. Notable mentions include Southern Ry 4s, West Coast and Pacific issues, and several utility and industrial bonds, with figures hovering around the 80s to the 90s in price and diverse maturities.

Airship Raid Strikes British East Coast Again

German airships crossed the eastern counties of England shortly after midnight and dropped bombs. An official communique says the raid was in progress and the exact objective had not yet been ascertained.

British East Coast London England

Dutch Ships Allowed to Carry Food to England

Berlin pledges not to destroy or molest Dutch ships carrying food to England after Dutch negotiator Cornelius J. K. Van Aalst presented an ultimatum. If Germany interfered, Holland would close its eastern frontier and the Entente could block Dutch imports from America and from colonies.

England London Holland Copenhagen Express Berlin Cornelius J. K. van Aalst The Overseas Trust van Aalst Germany Entente America

Also Mentioned on This Page

Motion Picture Fortunes Wise Investors Massachusetts New England Atlas Film Corporation Franklin Rockefeller Carnegie Marshall Bromfield ST Boston, Mass Bromfield &I Oklahoma Producing & Refining Company Muskogee Refining CO Jones & Baker Stock Brokers Devonshire Street Fort Hill WN. Y Philadelphia Chicago Watatir Sweeraitaa Standard Oil Sae 40 Exchange Place York Temple H. Fay &Co Boston Curb Exchange State St Michigan Limestone & Chemical Company Booth Manufacturing Company Batavia Rubber Company United Drug Company Carolina Power & Light Company Utah Power & Light Company Robbins & Company Milk St Mass Winchester Laundry Company Wesley A. T. Downer N. E. Telephone Northern Pacific Northwest Atlantic Coast Line Seaboard Air Line Illinois Central Sears-Roebuck N. EB. Telephone New England Telephone & Telegraph Company New York Central Senate Financial News Notes Shannon Miami New York Stock Exchange Chicago & Northwestern Railway Company American Steel Foundries Company Albion F. Bemis Brookline, Mass Federal Trust Company Davis Bates Sears-Roebuck & Co Money Markets Aainnee Ph Ei Duala St. Ee Ty Ties Ce Ee Ee Weeee Ssaperreurs Dacinganee'e Eserves New Orleans Liverpool Tesons High Point Sacvesevos Ri Lincoln’s Stock Exchange Tered Ares C & Nwn Aes Rei Bey Ad Tudes Coal & Coke Onw Norf & W St Lo M&m Fmewee BSG Ee Ie Ecole Ma Weat Electric Bcivan Breeeee Ane Envedi Standard Mill Uu Wuss Tenene Eeeree G. T. Day & CO Utica ST Schrafft’s Nahant Ave Revere GEO BE. Keith Shoe CO South Boston Riverbank Court Ae Bridge Harvard Bridge Boston Index Card CO Purchase St Sayers Charles St Tate Meg. CO Hanover St Iris Boston Morris Plan CO Ssoo Childs & CO Kilby CO Kilby St H. van Dam Wash. St Ss. R. Briggs Co. Lic Washington St Workingmen’s Loan Association Treat Paine Beacon St Marks & Avery Temple Plaga Temple Pl Cody Tel Scheinfeldt Sudbury Scollay Sa NE. J American Tooth CO Winter St Filene’s Harvard Howard W. Morgan Mont Temple Boylston Detective Agency Boylston St Atellesity Park Sevenestaee Titans Fied William F. Dudley Revere House Minot Street Boston and Maine Railroad Easton Machine CO South Easton Victoria Shoe Company New Street Stephen M. Walsh United Shoenee of America Oston Gridley Cleveland Scollay Bridgeport Boston Ave Slingsby Manufacturing Co., Ltd Brantford Canada Beacon Motor Car Kentrd Waban Boston & Albany R. R P. Selberg Scale Builders Portland Scale Company Portland A. J. Laney Walker Bidg Call Bay State Motor Car CO Republic — CO. A Oes Republic Maxwell Broadway Somerville Sullivan Bowen Sudbury St. Overland Wollaston Centred Wollaston Station J. M. Barry Green St Camridge Bromfield DODGE Medford Packard Pierce Arrow M'Grath B. B Marks & Chester Oer Gale Telet Dudley St Dudley Sq Dudley Et Sta Max Keezer Cambridge Dorchester Ave City East Gloucester Maia Main St Howe & Stowe Newport Bona Fide Walnut Gomerville Masa Mason-Whitakdr Company Tremont Cela Machinista Boston Scale & Mach. Co Congress St Millwright Ae, Washburn & CO Cna George R. Washby Ee Eae Shoe CO Framingham, Ass Nat. Prem. Co Depor Rer Beach Street Old South Church Army OF United States Olympia Bldg Tremont Row United States Marine Corps Pos Charles T. Moffett Whitin Machine Works Itinsville Summerfield ,Co Washington Connecticut Finn’s Conn Peter Shepherd Williams Ave Hyde Park White Hou Cafe Ulevyard Thoner & Martens Purchase Sgt Hamilton & Parker CO High St Fort Hill Sq Works of Merrimac Chemical CO North Woburn Gan FAY & Scott, Dexter Elmst Rosston Stathm Agency For Mass Wright Ford Dallas Texas Variety Agency P. O Woonsocket, RK Winthrop W. J. Lawler Kimball Parristers’ Hall Pemberton Sq Scollay Sq Charlestown Ir Kitten Supply CO Salem St Allston H. Y Reno St Standish Ave Beacon Rd Allerton Hill Hull Mame Munroe Newton Nicholas Browne Dedham TOST W. M Stetson CO St. Sound Poe Society BU Kinis i Devonshire St Ohio Ly. C Itry Gaereh R CAR & Igs CO Merrimac S Bose
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