Specialties Advance Sharply In War Boom Trading
Market activity remained light with small gains as prices reached new highs. Central Leather surged on strong half year earnings while Anaconda Copper faced output drops due to labor strife. Virginia Carolina Chemical shows rising surplus, American Steel Foundries plans bond retirement, and overall market sentiment stays buoyant despite weather and war-time news.
MENTIONED IN THIS ARTICLE
Anaconda
Virginia-Carolina Chemical Company
American Steel Foundries Company
Bond Market Stock Exchange Bond Transactions Summary
The report shows total sales of 2,057,000 thousand dollars for new U S bonds with prices in units and fiftieths. Comparisons show 2,721,000 thousand yesterday and 3,088,000 thousand a week ago, 2,802,000 thousand a year ago, and 2,315,000 thousand two years ago. Year to date: 578,896,000 thousand, versus 618,747,000 thousand a year ago and 460,592,000 thousand two years ago.
MENTIONED IN THIS ARTICLE
United States
Market Summary of Yesterday and Year-to-Date Figures
Yesterday sales show New York 356400 shares and Boston 8039 with Steel leading in New York at 87000 shares and Davis Daly in Boston at 1025. Year to date figures compare New York 121881000 and Boston 3889484 shares, with last year’s pace NY 96895728 and Boston 6871382. Notable moves include Texas Co rising to 191 and Va Iron, e9 & C. at 64 in New York. Quincy advancing to 86 and Old Colony slipping to 112 in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Davis Daly
Texas Co
E9 & C
Quincy
Old Colony
Punta Alegre
Swift & Co
UN Fruit
Liberty la
Alaska
Allouez
Atchison Peneennes
Atlg& WI
Boston & Alb
Ieee
Butte-Ballak
Cal & Arizona
Cal & Hecla
Daly-West
East Butte Serene
Il'g
Franklin
I Creek Coal
Keweenaw
Lake Copper Mason Valley
Mohawkee
New Haven
New River Pf
Old Colony RR
Pacific Mills
Plant & Co of
United Fruit
United Shoe
Wees
U & Steel Ed Sim
Steel Pf
Ahabies
Utah Apex
Utah
Seeves
Utah Metal
Ventura
Market Notes on New York Stock Activity and Oil Shares
Adverse weather limited today's stock dealings but market undertone remained steady. U S Steel and allied issues gained while oils led by Texas Company and Mexican Petroleum rose. Dividend news and rail reports influenced sentiment as total sales reached 1,975,000 par value with bonds unchanged.
MENTIONED IN THIS ARTICLE
New York
Shorts
U. S. Steel
Central Leather
Hlide
Texas Company
Mexican Petroleum
Tidewater
Associated Oils
People's Gas
Japan
Bank of England
Fonds
Distillers
Liberty
U. S
New York Stock Quotations for Today
New York prices show the day’s high and low trading range with closing figures and net changes from the prior close. Data lists each stock’s price movement, reflecting market activity on August 2.
MENTIONED IN THIS ARTICLE
New York
Boston
High Low
HORE
Spees
Sereen Eees
Market Dullness Rules Boston Exchange Amid War Boom
Trading on the local exchange remains dull with many stocks unquoted and few opening trades. Mason Valley leads activity with a new high, while West End Street Railway notes attract buyers at 102 for 6 1/2 percent yields. Industrial bonds rise on war demand, though railroad and public utilities lag since 1914 reopening.
MENTIONED IN THIS ARTICLE
Mason Valley
New York
West End Street Railway
Lee, Higginson & Co
West End
Stock Exchange
United Western Oil to absorb properties in stock swap plan
Boston stock news notes an absorption of several producing properties by United Western Oil Corporation. United Western Consolidated Co. will be merged on a five old shares to one new share basis with par value of $5. The new entity is said to control three producing wells and a monthly production of about 25,000 barrels.
MENTIONED IN THIS ARTICLE
Aetna Explosives
Amer Marconi
Chevrolet Aer Ewer Ene
Car Light & Power
Eee
Curtiss Aeroplane
Been
Everett Heaney
Seme Nee
Lake Tor Do Sete Etree Ene Maximunitions
Marlin Arms Vee Segseeee
Prudential
Nonamer Cee Wa Eee
Smith Terry
St Joe Lead
Ewe Gy
Ssw
Steel Ailey
United Motus
United Aero Pete
I S Light & Heat
U S Steamship Seen
Wright-Martin Ee
Anglo Amn
Steet
Ewe
Arnett Peete E
Eanes Gig
Cosden & Raogh
Cosden O & G
Elk Basin
Pete
Pete Seem
Kenovya Oil
HOOP
Keystone
Merritt
Midwest Oil
Midwest Oipf
Fidwest Rig
Nat Oil & Ref
Oklahoma O & G Com
Omar
Ome
Gis
Escho
Osage Oil
Bea
Sequoyah Cees
United Western
Seem
Victoria New
Mogoee Nc
Cataulipa Vida
Butte & Detroit Butte
Caledonia
Calumet & Jerome
Canada Copper
Liberty
Annerie Af
Rennes Co
ComArisonas
Armour & Co En Tailard Co
Cresson
Ener, Am
Estate
Stew Emma Consolidated Fete
Eewre First National Tee
Eae & Cindiv
Hargraves St
L & N-L Cin & Hollier
Wwe
Lex
Howe Sound
Independence
Igo
Jerome Verde
A & Cal
Jim Butler
Kerr Lake
Bal &Co
Mason Valley
Ose McIntyre
Balt & O Pitts J
Beth Steel Rig
Porcupine Vipond
Eel
Peterson Lake
Bklyn RT
Freston East Dome
Vow
C& Stl
Portland
Eeee Puigcore Cariaw Ous Eeades
Cen Eae
Nynh&h
Cvt
Temiskaming Teen E Ener
Ae & O
Troy Arizona
Nnynh&h Cvt
Thompson
Scanronn Te
Yerrington Mountain
Mil & It
Scewe
Mil & St P
Pacific Té& T
I&p
Isons
Siniadaul T
Copes Feanes
Tees Ley
Paris
Aeeaee
Pere Ate Dom
Sie
Racca
Wade - Ewig
Britain Erie
Hudson & Mann
Britain
Col
Texas
U K
Kan City
I U
U Steel Sf
Liggett & M
Wabash
Veees
West Electric
United Western Oil Corporation
United Western Consolidated Co
United Western Oil
Money Markets Prices and Rates on Aug 2
Current prices show brokers and customers loans ranging 4 1 2 to 6 percent with various maturities. The foreign exchange market remained steady with sterling and franc rates quoted and rubles up 15 points.
Buffalo General Electric Bonds Offered for Public Subscription
Lee Higginson & Co have underwritten a 4 400 000 five year 6 percent convertible debenture issue of Buffalo General Electric Co subject to New York Public Service Commission approval. Bonds convert after two years into common stock at par. Stockholders may subscribe at par plus accrued interest, rights exercisable by August 10 1917 per subscription warrants to be mailed soon.
Cotton futures rise as spot gains and sales reach 4000 bales
Futures were advanced 30 points while spot cotton climbed 30 points to 19.35 d per pound for American middling uplands. Sales totaling 600 dollars were reported within 4000 bales. no receipts documented.
MENTIONED IN THIS ARTICLE
Great Britain
France
Continent
United States
Belgian Parade to Honor Boston Visit Details
The organizing committee announced the Boston event will be a military affair with two Belgian societies comprising 700 men in line. Fraternal and civic groups will be positioned along the parade route.
Belgian Mission Parade Planned for Saturday in Boston
Baron Moucheur leads the Belgian mission with E de Cartier de Marchienne and State Department reps. Mayor Curley funds the $6000 reception, marking Belgium’s third anniversary of invasion. The parade starts 8 am, with a full program at Faneuil Hall and a mass meeting on the Common.
MENTIONED IN THIS ARTICLE
Baron Moucheur
E. de Cartier de Marchienne
United States
State Department
Curley
Belgium
F Hugh Bancroft
Sweetser
Boston
Copley Plaza Hotel
State House
Coolidge
Boylston Street
Belgian Relief Commission
Concord
Lexington
Colonial Inn
Faneuil Hall
Belgian Relief Fund Committee
Joseph H. O'Neil
W. Bourke Cochran
New York
Copley Plaza
City Hall
Arlington Street
Commonwealth Avenue
Beacon Street
Charles
Boylston
Tremont
Temple Place
Washington
Federal
Beacon
Military units listed with commanders and local formations
Ninth Infantry from Framingham under Colonel Lagan. Coast Artillery Corps from forts under Colonel Quimby. First Engineers Regiment under Lieutenant-Colonel Perkins. First Squadron Cavalry commanded by Major Perkins. First Battalion Signal Corps under Major Chase. State Guard Eleventh Regiment led by Colonel Sullivan. Thirteenth Regiment commanded by Colonel Frothingham. Motor Battalion under Lieutenant-Colonel Decrow. Ancient and Honorable Artillery Company. Civilian societies including two Belgian groups.
MENTIONED IN THIS ARTICLE
Ninth Infantry
Framingham
Lagan
Coast Artillery Corps
Forts
Quimby
First Engineers
Perkins
Signal Corps
Chase
State Guard
Sullivan
Boston
Frothingham
Decrow
Ancient and Honorable Artillery Company
Urges Killing Dogs to Conserve Food
A letter to the Post editor argues for killing dogs to save food amid wartime conservation. The writer claims 5 million U S dogs consume $183.5 million yearly in feed and suggests flour could replace that amount, calling dogs useless nuisances and asserting the only good dog is a dead one.
MENTIONED IN THIS ARTICLE
United States
Wae Maguire
West End notes bought by Lee Higginson Co.
Lee Higginson & Co. purchased 1 581 000 West Sand Street Railway Co three year 7 percent gold notes due August 1 1920 issued to refund bonds maturing August 1 1917. They are the direct obligation of the West End ranking with other debentures, with total funded debt 19 471 000 and West End stocks valued over 20 000.
MENTIONED IN THIS ARTICLE
Lee, Higginson & Co
West Sand Street Railway Co
West End
Also Mentioned on This Page
Central Leather Strong
Commission House Board
Liberty Loan
New York Stock Exchange
Boston Exchange
Virginia
Carolina Chemical
Steel Foundries
New York Stock Exchange Today
West End Street Railway Co
Massachusetts
Kennecott
Lehigh Valley
Ackay Cos
Maxwell 2d
Mer Marine
Marine
Midvale
Nath & & Sip
Nevada
Not&m
Y Central
NYNH
Peoples Gas
Phila Co
Pierce Arrow Stene
Seeeves
Pitts Coal
Pierce Arpf
Repl & Steel
Royal Dutch Free
St L&sf
Savage Arms Awe
Seaboard A
Seaboard Pf
Ry Pf
Studebaker
Tenn Cop & C Wi
Tide Oil
Union Pacific
Ind Alco
S Steel
U 5S Steel
Tee
Beens
Va Iron Co & C
Utah Copper
Westinghouse
New York Market
Allis-Chalmers
Allis-Chalps
Car & Fdy
H & Sea Pf
Ice Steven Aces
Ami
Corp
Western Utah Extension Copper
Polestar
A. B. Widney & CO
Scollay
Court Street
Mass
J. D. Kazar Journal Building
Amesbury
Maas
G. W
Sumatra
Tel & Teleae
Asso Oil Co Oe We Ga
Atchison
Atchison Pf
Coast Line
Atlg & WI
B&o Apenas A Ca
B & O Pf
Barrett C Ae A
Barrett Co Pf
Beth Steel
Ares
CCC & Stl
Col Fuel & Iron
Col & Southern
Col Gas & Elec
Erie
Gulf
Haskell & B
Boston Stocks
Spencer Trask & CO
Congress Street
Albany
Chicago
Hood Rubber Company
Watertown
Blake Brothers & CO
Wall Street
Devonshire Street
Richardson, Hill & CO
State Street
Bangor
Boston Electro
Boston Ely
Boston & Mont
Cal & Jerome
Colonial
Earl Eagle
Tirst National
Fortuna Eee
Money Markets
Federal Reserve Bank
Peer
Etme
Sub-Treasury Credit SteeEe
Wear Bun Logan
Oveda Acs
Ances
Creo Eoe
Sub-Treasury
Treasury
Pridsy
Dscap Cies
Buffalo General Electric Bonds
Liverpool
Seerintek
Wwree
Weg Waleeaad
Digeras
Weiui
Iccb
KE. Leroy Sweetser
Regular Army
Coast Artillery
Marine Corps
Navy
Cushing
W. R. Rush
Navy Yard
Commonwealth Pier
National Guard
Fifth Infantry
Stover
Sixth Infantry
Ayer
Fighth Infantry
Lynnfield
Perry
Bethlehem, N. H
Minneapolis
Prey
RRR
St. Loui
Toledo
Rcko
Etroit
Sascesseteseee Oo Jsd
Spe
Wea Aees
P. C
Tuxpam Star Oil Corporation
Amatlan
Frank J. Smith & Co
James O’brien & Co
Broad Street