Boston Stocks: Highest, Lowest Prices and Last Sales
Boston stock roundup lists today’s top and bottom prices with last sales reported Wednesday. Bonds are included in the market summary.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 04, 1916
Page
14
Boston stock roundup lists today’s top and bottom prices with last sales reported Wednesday. Bonds are included in the market summary.
Market notes show sugar stocks weak while American locomotive and mercantile firms vary in strength. In New York total trades reached 344 325 shares and Boston 13 187 shares with Cuba Cane Sugar and Atlantic Gulf leading activity. Year to date totals compare New York 97 240 053 and Boston 6 884 569 shares, against prior year figures. Notable shifts include American Tobacco rising in New York and Cuban American Sugar dropping, with Atlantic Gulf gaining in Boston and General Electric sinking.
The New York market showed irregular trading under trading elements influence. Steel and oil shares fell, with munitions and equipment dipping, while shipping issues remained firm. Total stock sales reached 350,000 shares and par value bonds traded around $2.855 million.
Boston market roundup reports modest gains and losses with Atlantic Gulf rising to 64 1/2 as short interest lingers. American Agricultural Chemical and Boston Elevated advance, Tamarack weakens, Calumet & Hecla stock dispute among shareholders continues in court. Grain futures spike then pull back while cotton strengthens with options up 23 to 80 points.
The foreign exchange market showed mild easing in afternoon trading among bankers. Rates: Sterling-Cables $4.7644 nd, French francs 5.9014, marks 72, guilders 417-16, with overall subdued activity.
The $89,000 bonds Bing ham Mines called in Tuesday will be canceled leaving the company free of bonded indebtedness. The bonds were callable for retirement at 102 and form the remainder of an original $587,000 issue.
John Ringling and other Barnum & Bailey owners face five $5000 damage suits filed in Suffolk Superior Court. Patrons allege injuries from being thrown from bleacher seats during the circus in Boston last May.
A women’s fashion note explains how new blouses pair with skirts and why the combination flatters different figures. The piece highlights styling ideas and promises a fuller illustration in the Sunday Post.
Prominent brokers report aggressive campaign by New York banks led by National City Bank to expand deposits and establish foreign branches in Petrograd and Moscow. The drive targets firms and merchants, with the bank claiming enhanced services for Russia and South American dealings amid wartime growth.
Advices from Butte report ore development at 2600 feet with 75 foot vein drift and 100 tons per day at 8 percent copper. The Computing-Tabulating-Recording Co shows six month stock earnings of 522,253 dollars. International Nickel buys land at Port Colborne for a 4 million dollar plant to refine nickel for Britain. Brooklyn Rapid Transit July gross receipts total 2,527,177 dollars. Fidelity Trust deposits reach a record 4,250,000 dollars. American Steel Foundries six month earnings 1,374,226 with a 1,022,815 dollar surplus. Tennessee Copper restarts Ridgefield Park phenol plant. Ludlow Manufacturing profits for six months run about 13 per share on 100,000 shares, up from 1915.
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