Stock Prices Show Erratic Markups and Lapses
Market notes report very erratic stock prices with gains for General Motors by four points and strong results for the Marine corps bond Liberty Loan rising to par. Nova Scotia markets weaken in Boston amid uneven trading.
MENTIONED IN THIS ARTICLE
General Motors
Marines
Liberty
Nova Scotia
Boston
Market Summary Yesterday and Year to Date
Yesterday total sales were 502,300 shares in New York and 8,573 in Boston with Steel the most active issue in both cities. Year to date New York totals 125,879,400 shares and Boston 3,967,545 shares, compared with the prior year. Notable moves include Mobile & Ohio rising 3 percent to 114.34 in New York and Cuban American Sugar dropping 5 to 1.95. Amoskeag pref up 2.4 to 90 and Calumet & Hecla down 10 to 5.40 in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Boston—Steel
Mobile & Ohio
Amoskeag Pref
Calumet & Hecla
New York Market Shifts as Peace Proposals Prompt Selling
New York stock market opened with promise amid renewed activity but reversed course due to Rome peace proposals and broad selling. General Motors and war shares declined. United States Steel slid from 125 3/4 to 123 1/4. Liberty bonds remained in demand as total bond sales neared 4.77 million dollars.
MENTIONED IN THIS ARTICLE
New York
Rome
General Motors
Shorts
Bethlehem Steel
United States Steel
United States
New York Stocks Quotations Today Aug 14
New York stock quotations show the day’s high and low for each issue and the closing price with net changes from the previous close. The report lists leaders in gains and losses along with sector leaders across industrials, railroads, utilities, and metals.
MENTIONED IN THIS ARTICLE
New York
Boston
Boston Market Traders See Mixed Tone With Declines in Steel
Local traders report meagre session interest as prices move lower overall. Nova Scotia Steel fell to 107 then 106 after NY weakness while Atlantic Gulf United Fruit and a few others edged up lightly. Wyandotte Copper levies a $1 per share assessment. Calumet Hecla July output hits 11,03,444 pounds versus June 13,47,525. Ray Consolidated shows net $3,679,587 at $9.33 per year. GM jumps to 117 then settles above 115 amid short covering. Steel issues rise on short interest but retreat with Bethlehem Steel slipping to 112 3-4. Directors may propose $50 million convertible preferred stock.
MENTIONED IN THIS ARTICLE
Nova Scotia Steel
New York
Atlantic Gulf
United Fruit
Wyandotte Copper Co
Calumet & Heela
Ray Consolidated
General Motors
Bethlehem Steel
Boston Market Report: Highs Lows and Closing Quotes
Boston market update lists today’s high, low, and closing quotations with net changes from yesterday. New York curb data follows, reflecting intercity stock movement and investor sentiment.
St Paul Editor Analyzes Chicago Milwaukee St Paul Stock decline
The St Paul editor analyzes the fall in Chicago Milwaukee St Paul stock price to a record low and explains why the 5 percent dividend was cut to 4 percent. He cites rising fuel and supply costs, plunging earnings, and heavy capital expansion tied to Pacific coast extension as the main causes.
MENTIONED IN THIS ARTICLE
Chicago
Milwaukee & St. Paul
Karling
Midwest Refining Stock Increase and Large Armament of Profits
Stockholders approve raising Midwest Refining Company capital from 20 million to 50 million. Savage Arms orders total 50 million plus profits forecast not less than 20 million. If half profit is reserved for taxes, remaining yield equals 100 percent on 10 million common stock. Willys Overland reports 6,006,811 earnings or 3.29 per share after preferred reserve. Profits run at over 12 million annually versus 9.565 million last year and 10.870 million in 1915. Chicago and Western Indiana note issue of 1 million at 5 percent extends one year.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
St. Paul
Savage Arms Company
Willys-Overland
Pennsylvania-Kentucky
New York
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Ihe
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Kan
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School St
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Norwood
the Post
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Tel
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Paddock Bng
Tremont St
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Watson B. Coleman
Lewyer
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