General Decline in Stock Prices Amid Broad Market Weakness
Severe break in many issues with coal and sugar stocks hard hit. Steel issues also weak, rails yield point or more. Local market shows heavy selling and broad declines across sectors.
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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 23, 1917
Page
12
Market Summary of New York and Boston Trading
Yesterday's totals show New York sales at 794000 shares and Boston at 16917. Maxwell Motor led New York gains rising to 32 1 4, while Pittsburg Coal fell to 46 1 2. In Boston, Boston & Albany gained to 152 and Calumet & Hecla dropped to 5 51.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Pond Creek
Maxwell Motor
Pittsburg Coal
Boston & Albany
Calumet & Hecla
Treasury
Albany Newseeseer
Montreal
Atlantic City
Nantucket
Bismarck
New York Market Open Shows Harder Coal Pressure on Stocks
Government moves to cut soft coal prices unsettles traders as Delaware, Lackawanna & Western drops sharply. Teutonic reports and shipbuilding concerns press steel and copper shares lower. U S Steel slips to 1205-8 with 770000 shares traded. Bond market weak with Liberty bonds near 99.90.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Delaware
Lackawanna & Western
Russia
Hears
Bethlehem Steel
U.S. Steel
Liberty
U. S
Maxim Munitions
Marlin Arms
Standard Motors
Smith Truck
United Motors
US Light & Heat
Wright-Martin
Anglo Am Oil
Barnett
Esmeralda Seeeee
Federal Oil Sheen
General
Weeeweee Kenova Ieeeeeene
Merritt Oil
Sees
Pete
Midwest Oil Com
Midwest Oil
Pfateae
Midwest Big
Cresson
Perth
Eesesesenos Globe Dominion
Aes Ars
Great Northern
Sane
I Hargraves
Hollinger
Howe Sound
Independence
Jerome Verde
Wim Butlers Ie Nes
Kerr Lake
la Rose
Louisiana Gold
Ryeees
Ris
Magma
Manhattan White Cay
Marynville
Mason Valley
McKinley-Daragh
McIntyre
Milford Cop
Monster Chief
Street
Mother Lode
Ray Conseocger
Nipissing North Star
Oro Ohio Copper New
Ophir
Peseta Vipond
Peterson Lake
Tetuctea
Preston East Dome
Ray Hercules
Rex
Rochester
Silver King of Arizona
Stewart
St Nicholas
Temiskaming
Tonopah
Tonopah Mining
Teres Fle
Tularosa
United Eastern Gold
West Dome
West End
Coas
Yerrington Mountain
Ben En
Bal & O
Balt &O
Ratt &O
O Pitts L
H& Va Ds
Balt & O
Beth Steel
Laon
Beth Steel Ie
NY Gas Elina
Ee Brunswick & W
Norf & W
North Pacific
Cere & O Ev
Pav, Gas & Lee
Té& i
Mil & St P
Marseilles
City of Paris
Mil & &T P
Log Penn
Jany Pe
Bexae Ny
Pocahion
Mil & St
Sap
I. Germai
Cri&penn
Ry Steel Sp Lateseran
Mt& UK
Gt Britain Oil Copper
Ohio & Gulf
Tin Col Industrial
Waijo
Den
Distillers
Britain
Erie
Pacific
Southern
Market swing as government coal price fixed shocks Boston market
The text reports a sharp stock decline after the U S government fixed coal prices, sparking fear of broader policy moves. Island Creek dives 3 1 4 points while Pond Creek falls 2 1 2. New England Telephone slips though recovers. Copper stocks falter. United States Smelting up then back to a loss. Miami and Inspiration announce mine resumes.
MENTIONED IN THIS ARTICLE
United States
New York
Island Creek
Pond Creek
New England Telephone
Atlantic Gulf
Miami
Money Markets and Foreign Exchange Rates Report
Aug 22 prices show brokers loans 4 1 2 5 percent range and commercial loans 5 6 percent. Year money 5 6 percent. Fed notes rediscount rules listed. Foreign exchange quiet with sterling cables 4.75 and francs 5.77, guilders 4 17 1 2, lire 7.42, roubles 21.00.
MENTIONED IN THIS ARTICLE
New York
Hn Oe Ee
Minneapolis
St. Louis
Kansas City Cash
Toledo
Detroit
Casheens
Winnipeg
Arrivals at South Boston fish pier report varied catch
Sword fishing schooners Reita and Reliance brought 388 and 69 swordfish amid worries from the Aug 10 gale. Emerald landed 49 swordfish. W. A. Well delivered 18,000 small mackerel. Waldo L. Stream carried halibut, cod, hake, pollock, and more. Thirteen trawlers arrived with 33,000 pounds of cod and other species. Wholesalers posted prices for haddock, cod, hake, mackerel, cusk, and swordfish. The James S. Whitney will be 24 hours late due to a fire aboard THE LANDSMAN.
MENTIONED IN THIS ARTICLE
South Boston
Reita
Reliance
Emerald
W. A
Waldo L. Stream
Haddock
Markets on City Streets Question Referred to Sullivan
The question of establishing public markets on city streets was referred to Coordination Court by Mayor Curley.
MENTIONED IN THIS ARTICLE
Damaans
Sullivan
Curley
Coal Prices Fall as Government Fixes Weaken Markets
The market shows broad weakness after government price fixing for soft coal. Pittsburgh Coal slips to 461-2 and Reading to 863-8, with local Island Creek and Pond Creek drops too. Copper and sugar shares fall. Bethlehem Steel hits a low before a brief rally. Cuba Cane leads sugar declines amid regulatory fears.
MENTIONED IN THIS ARTICLE
Pittsburg
Reading
Island Creek
Pond Creek
Bethlehem Steel B
Crucible
Republic
Cuba
Mugene Meyer
Food Administration
American Deer Sugar
Cotton market steady in Liverpool futures and spot
Cotton futures in Liverpool were unchanged with values for August to June futures listed. Spot cotton remained dull and unchanged at American middling upland basis, with sales totaling 3000 bales and receipts of 15,000 bales, including 7700 American.
MENTIONED IN THIS ARTICLE
Liverpool
Kik
Ee Res
Great Britain
Continent
United States
Fathers of Dependent Children Exempted
Tully 75 percent of the appeals of married men drafted by Judge Bruce's board, that were acted upon yesterday, were granted. The men had been previously denied exemption by the local board.
MENTIONED IN THIS ARTICLE
Harold Sharp
Washington Street
Brookline
Sharp
Society of Friends Church
Roxbury
Russia
Tully
Bruce
District boards grant exemptions for married men with dependents
The Malden District 1 board under Judge Bruce adopted a uniform policy exempting married men with dependent wives and children from the citizen army. Other boards are expected to follow. Secretary M A Gregg said those with dependent children are exempt, while well to do men are accepted. 106 Malden district names were certified to the adjutant general.
MENTIONED IN THIS ARTICLE
Ally
National Army
Malden
Appeal Board
Boston
Tremont
Boston Appeal Board
Boston Board
Sampson
State House
Joseph
Louis
Sidney Axelson
Huntington Avenue
France
District Appeal Board
Lawrence
Gregg
The
Waltham Watch Company
United States Cartridge Company
M. A. Gregg
District Board
Also Mentioned on This Page
Western Utah Extension Copper Company
Western Utah Copper Company
Department of Justice
Western Utah
A. B. Widney
Scollay Bldg
Telephone Mi
Tuxpam Star Oil Corporation
Frank J. Smith & Co
James O’brien & Co
Congress Street
Broad Street
DE F. Marquis & CO
Fidelity Trust Bldg
State Street
Mass
Statistical Department
Slattery
Irvine
Kentucky
Boston Oil & Gas Co
Prospectus
State St
Campas
Barnett Oil & Gas Co
William ST
Philadelphia
Indianapolis
Ind
Newark
N. J
Chicago
Curb News
Devonshire St
Fort Hill
Pittsburgh
Shane
Ellsworth
Yuma County
Arizona
G. F. Redmond & Co., Inc
Devonshire Street
Copper Company
Supreme Judicial Court of the
State of
Maine
Robert A. Griffing
Hartford
Conn
Ernest DL. McLean
Roberke A. Gibert
Ore Dhartford
New York Market
Alaska
Hla Ata
Allis-Chalmers
Amh&l
Sumatra
Coast Line
Gulf Freebret
ORIG
Beth Steel A
Beth Steel B
Brune Ter
Burns Bros
Pacific Trae
Cerro de Pasco
Rita Sats
Chandler
Ches & Ohio
Cm& SP
Iis Abs
CM & St P Pf
Chi Rl& Pac
China
Col Fuel & Iron
Deere
del & Hudson
M&s
Gaston W& W
Gen Motors
Goodrich
Agri Co
Paper Baby
Kelly Spring
Kennecott
Lee Rubber
Lehish Valley
Lig & Myers
Lig & M Pf
Louis & Nas
Maxweil
Mer Marine
Miami Copper
Millvale Steel
Minn & & L
Texas
Pace Wi
Mont Power
Rome
Nevada
NY Central
Iho
Nor & Western
Pac
Nova Sea Steel
Ohio Cities Gas
Ohio Fuel
Phila Co
Boston Stocks
Pitts & WV
Pitts
Pitts Coal
Pitts& Wva
Pro Steel
Pullman Co
Sinclair
Sloss
Sheffield
So Railway
Studebaker
Ays Ing
Superior Steel
Tena C & Chem
Texas Pac
Tnion
United Fruit
Ind al
Utah
Warren Bros
Western Md
Westinghouse
Wheel & L
Willys-Over
Wilson & Co
Gulf
New River
AT & T
Amoskeag
Atg& WI
Boston & Alb
Boston Lev Wance
Boston & Me
Bos & Mo Pf
Bos & Prov
Butte-Ballak
Cal& Arizona
Cal & Hecla Hike Wey
Davis Daly
East Boston
Sly Slo
East Butte Ranges
Hancock
Cal
Isle Royale
New Haven
Nipe Bay
Nipissing Sea
North Butte
Nova Sco Steel
Cae
Old Colony KR
Old Dominion
Osceola
Baily +h Plant & Co pt
Pullman
Punta Alegre
Quincy Mining
Santa 1stMar
Em Ld
Sup
Swift & Co Lilly
Industrials
United Shoe
Utah Apex
Victoria
Wolverine
Wyandot
Bingham Coaling
Bingham Mines
Boston & Corbin
Boston & Mont
Cal & Jerome
Bos Rana
Denbigh
Money Markets
Federal Reserve Bank
Liberty Loan
Lendar
Europe
Aidak
WL. Lin
Venus
Jupiter
Saturn
Mars
Metropolitan Line
James S. Whitney
Slake
Pollock
DeCosta
Ellen & Mary
Arabia
Hortense Tae
Valerie
A. DeCosta
Indiana Steel Tenn
YUE Beeater Adams
Alaska Gold
Baol
Marine Fe Tol Peoria & W
Acacia
Syd Adte
Nita
Teol del Lake
Steel Af
Akane Virsi
Inian Ry
Wabash
Ohates Steel
Western Pac
KK &T
Wilken’ & Co
Joseph A. Crowley
West
Walter R. Grimes
Pearl
Stephen J. Frazer
Medford
Louis Haeffner
Pleasant
John E. Cullen
High
Ralph D. Somerville
Fellsway
Francis A. Galvin
Frank A. Hannan
Talbot
Roy C. Hudgins
Highland Avenue
James R. Finn
Presley
John J. Fitzgerald
Raymond L. Fulmer
Harold A. Cole
Newhall
Thomas J. Burke
Ripley Allen E. Fish
Grace
Alvin R. Caldon
Center
Hike Arection
Avon
George FE. Ballen
Alf J. Bergstrom
Dennis J. Bullman
City Hall
South
West Roxbury
Daniel V. O'Flaherty
Sttarvard
O'Flaherty
Friend
Army
New York Stock Exchange
Hudson & Man
Oyterord High Point
Victoria Mining Co
Boston Curb Exchange
H.e.wade& Company
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