Market Report Yesterday and Year to Date
Daily New York sales total 410700 shares and Boston 7113 shares. In New York the most active issue is Steel at 65500 shares. in Boston it is Davis Daly at 1010 shares. Year to date totals show New York 122291700 shares and Boston 3896597 shares, versus last year 97240053 and 6884569 respectively. Largest New York gain Liggett Myers up 13 to 235. largest New York loss Studebaker down to 54. In Boston Edison Electric up 5 to 183. largest loss Mergenthaler down to 145.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Davis Daly
Liggett & Myers
Studebaker
Edison Electric
Mergenthaler
T&t
Tugar
W. Oalen Pf
Arizona
AIG &W
Boston Elaw
Boston & Maine
Cal & Hecla
Haig Bag
Port Cem
East Butte
Greene-Can
Hancock
Port Cem. Is
I Creek Coal
Kerr Lake O
Maine Central
Mason Valle
McElwist
Michigan
Nipe Bay
Nipissing
Nova Sco Steel
Old Colony RR
Osceola
Torrington
Trinity
United Fruit
United Shoe
U S Steel
Utah Apex
Utah
Utah Metal
Victoria
West Endesree
Wolverine
Third straight session of higher prices lifts New York market
Broad market gains amid cautious trading over the double holiday. Industrial Alcohol jumps early, United States Steel climbs then yields, tobacco shares hit new highs, transportation issues active, and gold imports resume with $6 million coming from Canada for British account. Total volume 435,000 shares.
MENTIONED IN THIS ARTICLE
New York
Distillers’ Securities
United States Steel
American Tobacco
Liggett & Myers
United Cigars
St. Paul
Pittsburg
West Virginia
Canada
United States
Boston Market News Shows Limited Trading Activity
Cooler weather brings no surge in Boston trading as prices drift slightly up in step with New York gains. Government shipping control news yields little impact on Atlantic Gulf shares while Pond Creek and Island Creek seek NY listing to broaden markets. Boston Elevated nears a record low range, copper remains dull with quotes around 26 3 4 to 27 1 2 cents and a continuing miners strike dampens output.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Atlantic Gulf
Pond Creek
Island Creek
Boston
Boston Elevated
Boston Stocks Report Highlights Daily Bond Movements
Boston on August 3 reports closing high bond quotations and net changes in the day’s market, with summaries indicating fluctuations in bond values and related financial indicators.
MENTIONED IN THIS ARTICLE
Boston
Cotton futures steady in Liverpool market
Cotton futures held steady in Liverpool with prices listed from August at 18.00 to June July at 15.88. Spot cotton unchanged at 19.35d American middling uplands. Totals showed 3000 bales sold, including 2900 American, and 57,000 bales received, of which 53,700 were American.
MENTIONED IN THIS ARTICLE
Liverpool
Hood Rubber Financing Plans Large Stock Issue
Hood Rubber Co will issue 1 250 000 in preferred and 500 000 in common stock totaling 1 750 000 to be used as additional working capital. The preferred will be offered at 102 with a banking syndicate handling the sale. The firm reports 1916 gross business of 11 666 000, up from 9 172 000 in 1915, with the first half of the current year rising about 30 percent to 6 400 000. The common stock pays 6 percent regular dividends with extras and will pay 1 percent monthly for the balance of the year. The company is producing new products and is expanding output.
MENTIONED IN THIS ARTICLE
Hood Rubber
Tlood Rubber Company
Nova Scotia Steel Company
Hayden Stone & Co
Specialties Make Further Gains In Dull Market
In a listless market several specialties rose while leaders edged above prior marks. Peace rumors and war price fixing worries weighed on traders who paused ahead of Saturday. Central Leather stayed strong, sugar stocks rose with Beet Sugar at 94, and Cuba Cane strengthened. Industrial Alcohol fluctuated before and after opening. Great Northern Iron Ore rose to 35 1/2 amid war stock rumors. Low priced rails attracted buyers with earnings highlights. Missouri Pacific and Southern Railway improved, Rock Island around 35 and Erie underperformed. Nova Scotia Steel saw only 10 percent taken in an underwritten issue, Hayden Stone clients gaining influence. Brooklyn Rapid Transit posted June gross gains of 8 percent, with future revenue expectations tied to new Manhattan lines and fixed charges, while dividends remain under review.
MENTIONED IN THIS ARTICLE
Cuba
Bears
Great Northern Iron Ore
Missouri Pacific
Southern Railway
Rock Island
Erie
Pittsburg & West Virginia
Brooklyn Rapid Transit
Manhattan
Money Markets Aug 3 Prices and Rates
Current prices show brokers customers loans 4 1 2 to 5 percent outside brokers call loans 4 1 2 to 5 percent customers commercial loans 5 to 6 percent individual collateral loans 4 to 6 percent commercial paper 5 to 5 1 2 percent year money 5 to 6 percent In New York silver quotes at 80 84 Mexican dollars 62 54 4984
MENTIONED IN THIS ARTICLE
New York
Bond market prices shown in fiftieths of dollars
The data presents U S bond prices in units and decimal fiftieths. Tables list new bond prices in thousands of dollars with decimals indicating each fiftieth. The format notes that decimals represent fiftieths for precise quoting.
MENTIONED IN THIS ARTICLE
Stock Exchange
United States
Strike at Lawley Shipyards Ends After Two-Week Walkout
The George Lawley and Son Corporation yacht builders at Neponset reach a settlement after more than 375 workers strike for two weeks. Workers return to their jobs en masse Monday morning following a conference with Fred Lawley, the yard superintendent, and U.S. conciliator David W. Benjamin.
MENTIONED IN THIS ARTICLE
George Lawley & Son Corporation
Neponset
Fred Lawley
David W. Benjamin
United States
M'Kay Receives Six Months For Larceny
Wendall T. McKay of Dorchester claimed Home Guard status and wore a U S army uniform when found guilty in Municipal Court of larceny of a revolver and fraudulently obtaining $10 Judge Creed sentenced him to six months in the house of correction He is also sought by federal authorities on impersonating a military officer
MENTIONED IN THIS ARTICLE
Wendall T. McKay
Dorchester
Home Guard
United States Army
Creed
McKay
House of Correction
Robbery on Ocean Street Involves Boardwalk Entry
A second story worker used a board walk as a makeshift ladder to gain entry into the residence of Richard Rice at 126 Ocean Street Lynn. Jewelry valued about $200 was stolen while the family was away. Police report ongoing investigation.
MENTIONED IN THIS ARTICLE
Richard Rice
Ocean Street
Lynn
General Electric Company
Massachusetts draft red ink lottery lists revealed at the State House
The state held a two and a half hour red ink lottery under Governor McCall and Charles I Gettemy to assign draft numbers. Nine pairs shared numbers, three classes sorted, with 23 in class 3. Boston-area names included Harvard athlete Robert Bingham among those drawn.
MENTIONED IN THIS ARTICLE
Massachusetts
State House
McCall
Charles I. Gettemy
Washington
Gettemy
Roswell F Phelps
Charles P. Sliney
Robert §. Bingham
Harvard
Charles F. Gettemy
Postal Men Not Exempt From Draft, Crowder Rules
Provost Crowder orders states to reduce exemptions for dependents as soldiers receive a minimum $30 monthly pay. Local boards must consider whether dependents can be supported on that amount and may discharge those whose dependency makes discharge advisable. Governors urged to convene district board members for uniform appeals procedures and to appoint local officials to file appeals.
MENTIONED IN THIS ARTICLE
Crowder
Slacker Arrested Over Draft Registration Refusal
Framingham man Addonido was arrested by Deputy Marshal McGrath for refusing to register for the draft claiming he would join only the Salvation Army. After a hearing on Aug 11 Commissioner Hayes set bail at 500 dollars and he was sent to East Cambridge jail if bail isn’t posted. Police under orders from the U S marshal are rounding up slackers lacking registration cards.
MENTIONED IN THIS ARTICLE
Che Addonido
Framingham
United States
McGrath
Salvation Army
Hayes
East Cambridge
John J. Mitchell
Registration cards Produced. McPeake Held for Hearing
Among those held for further investigation is Frank Jordan McPeake of Bangor Maine. McPeake cannot produce his card but claims registration in Bangor and is held for a hearing on August 4. He says he belongs in Philadelphia.
MENTIONED IN THIS ARTICLE
Frank Jordan McPeake
Bangor
McPeake
Philadelphia
Exemption board member Byrne arrested for draft registration failure
Arthur Cornelius Byrne 25, of Long Beach New York, an exemption board member and Home Defence League affiliate, was arrested by federal agents for failing to register for conscription. He claimed he believed his roles with the Home Defence League and the Albany Burgess Corps exempted him.
MENTIONED IN THIS ARTICLE
Long Beach, N. Y
New York
Arthur Cornelius Byrne
Long Beach
N. Y
Home Defence League
Byrne
Albany Burgess Corps
WEED OUT FIDGETY MEN
In Washington an army initiative deploys 130 nerve specialists to examine all trainees. The aim is to exclude anyone with organic nervous disease mental defect insanity or chronic addiction to drugs or alcohol from service. The program acknowledges current exams miss such issues.
MENTIONED IN THIS ARTICLE
Washington
Gorgas
National Army
Governor urged to convene special session over conscript pay
Representatives Casey and Crocker urge Governor McCall to call a special session to grant conscripts $10 a month state pay, matching Bay State regulars and National Guard. They argue the attorney general’s view leaves a wrong unresolved and seek action on absentee voting for soldiers.
MENTIONED IN THIS ARTICLE
McCall
Bay State
National Guard
Daniel W. Casey
South Boston
Conrad W. Crocker
Boston
Casey
Lawmaker Suggests Unpaid Service for General Court Members
Mr. Casey proposes that members of the General Court be asked to serve without compensation to avoid paying salaries to those in service. The idea aims to preserve duties while cutting costs for the body.
MENTIONED IN THIS ARTICLE
Casey
General Court
Physical Tests Required Before Exemption Claims
Registrants must undergo a physical before claiming exemption. If applying, request the exemption blank from the local draft board and state reasons. Forms vary by exemption type. for a wife exemption, three affidavits are needed. In some districts, blanks issued only after passing the physical.
Exemption Claims Rise in Draft Examinations Across Districts
Washington signals stricter exemption rules as Provincal Marshal Crowder orders boards to grant fewer exemptions for marriages and other dependents. Harvard medical students aided by Dr. Toohey administered tests to about 82 men, with 10 percent aliens amid varied exemptions and a few who pass.
MENTIONED IN THIS ARTICLE
Washington
Crowder
McCall
Socialist Party
Harvard Medical
Division 14
Thomas V. Toohey
Death Notice Sullivan in Malden
In Malden on August 2 Patrick J Sullivan husband of the late Catherine Shea Sullivan. Funeral from the family residence 42 Oakland St at 4 48 p.m. Services at the Chamber of the Immaculate Conception at 9 o'clock Saturday August 4. Relatives and friends kindly invited.
MENTIONED IN THIS ARTICLE
Sullivan
Malden
Patrick J
Catherine Shea Sullivan
Qukland St
Te Immadulaig Copcepica
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New York Market
Allis-Chalmers
Allis-Chalms
Car & Fdy
Hide & Lea
H & L Pf
Corp Seco
Sumatra
Balt & Ohio
Barrett Co
Batopilas
Ea Steel
Butterick Co
Butte & Sup
Cerro de Pasco
Ohio
N' West
China
CCC& Stl
Col Fuel & Iron
Col & Pepe
Haskell & B
Kennecott
Boston Ely
James J. Benelisha & Co
Boston Curb Exchange
Doane Street
Pstice
R “United Protective
Boston Sh
United Protective Association, Inc
State Street
United Drug Company
eCord Aubuse 1B, Ltds
James C
Meccormick
Lehigh Valley
Lig & Myers
Louis & Ash
Maxwell 2d
Miami
Midvale Steel
Minn & St L
M K & Texas
Mo Pacific
Mo Pacific Pf
Montana Power
Nevada
Ohio Cities Gas
SBM
Owens Bottle
Penn
Peoples Gas Beeen
Pitts & W V Pf
Pitts Coal
Prs Steel C
Pitta& W Va
Replee & Str
Royal Dutch
Savage Arms Acter
Saxon Motor Sewer
Seaboard Pf Les
Sore
Sinclair
Shat-Ariz . Me
Sloas
Sheffield
Pacific
So Railway
Superior Steel
Tenn Cport C Wi
Texas Co
Texas Pac
Union Pacific
UN Cig
U S
U S Ind Alco
Utah Cos
Va Caro Chem
Va Iron &C
Wabash
Wabash Pf A
Westinghouse
White Motor
Te Ee
Willye-Over Bea
Igh
Amer Brit Col. Wac
Big Four
Big Ledge
Butte C
Butte & Butte Copper Ain
Etroit
Caledonia
Calumet & Jerome
Calumet & Ah
Canada Co
Hollinger
Jerome Verde
Lars
Mason Valley
McIntyre
Porcupine Vipend
al al
Peterson Lake Esas
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Portland
Rochester
Rex
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Seveee
Tenniskaming
Teck Hughes
Chevrolet, Ree
Car Light & Power
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Havana
Kenova Oil
Keystone Coal Oil
Merritt Oil
Pawee
Pete
Midwest Oil
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Boston Stocks
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Consopper
Fe RY
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OMA
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Maxim
Montana
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Wees
Uly
Tenes Etorsistee
Qeos
Pete Snewedene
D Industrials
Eseetors
Nova Scotia Steel
Brooklyn Rapid Transit Earnings
Money Markets
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Eianere
Chicago
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Quotatio Exchange
Toda
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Armour & Co Real
OT & Rs
Balt &O
Sweet
Balt & ouPitte
Sciome
Beth Steel Dee
Dhes & O
Chew & O
C & Alton
É& Qi
Bob
Western
Norf & W
Mil & St P Rig
Mil & St P Debes
Nor States
St P
West Os
Cininnati Gas
City of Res
Cumberland T
Jarde
Dom
Edison
Cal
Distillers
Seal Air Line
Seal Air Laai U i
Gt Patel
Bai T&t
Britain
Mons & M An
London
Union Bag & P
Union Pac
East UN
Lg Lake
God al S Steel Sf
Virginia
Ann Arbor
Lawley Shipyards
M’kay
Rob
Slacker
The
Salvation
ASH
Lester Barrett
Cambridge
Clement A. Durkin
West Roxbury
Public Library
Center Street
John T. Costello
Dorchester Street
South
Ninth Regiment
Costello
George F. Sherman
George E. White
White
C. E. Dennett
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