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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 09, 1915

Page

20

Exchange rates ease then rally in late trading

The foreign exchange market opened softer but recovered by close. Afternoon rates show Sterling-Cables at 4.7214 with demand 4.718, Francs at 5.87, guilders 42, and lire 6.57.

Grain Markets December 8 Chicago Prices Also In Outside Markets

Wheat, corn, oats, pork, lard, ribs trade with mixed moves. Dec wheat opens around 1.16 and closes near 1.15. corn prints 87% to 68. oats around 43% to 45%. pork futures hover near 17.25. lard sees 9.70 to 10.39 range. outside markets show varied sessions in New York Minneapolis and St Louis with several closes near 10.14 to 12.34.

Chicago U'S A N.Y. Minn Duluth St.Louis Toledo New York New York Stock Exchange Alaska Alaska Juneau Allis-Ch Allis-C m Atch T&sf Pf Atl C Line Baldwin Co Lls Baldwin Ohio Batopilas Bi Beth Steel Wseeee Beth Steel Pf Bklyn Rap T Opt Brunswick Burns Bros Arene Butte & Superior Cal Pet Corp Chi M & SP Pf Chi RI & P Ry Cspm P del & Hudsor Denver Erie Goodrich Nor Ore Greene-Canan Interboro Con Agr Corp Agr Corppf Inter'l Nickel Kan City Lehigh Maxwell Ein Maxwell May Dept Store May Dept Pet Co Pe Co Miami Mont Power Pf Cloak & Suit Nevada Peoria & FE Pitts Coal Ry St Spring Rock Island Rumely Coevens Sears-Roebu Studebaker Studebaker Pf Tenn Copper the Texas Co Third Ave Tol Sl& W Twin City RT Union Pr Ic Union Pac UN Cig United Fruit J + S Steel pf VirIr C&c Awi Wells-Fargo West Maryland West Union Am Ag Gulf Swift & Co Bs Algomah Allouez Seawee Arizona Setee Bos & Maine Butte Al-Scott Butte & Supeeeee East Boston East Butte “Ethene Truro Steel Champion Calumet & Corbin Bay State Gas Boston Corbin Boston el Boston & Mont Calaveras Eeeeee Cal & Corbin Wee Eattee Cash Boy Champion Ee Ee Ihs Crown Reserve Eee Davisy Teewene Eagle & B Bell First National Fortuna Germany Ttre UN Verde Utah Metals Ale Va Rwys Cerro de Pas Mits Goldfield Hall Signal Hook Y Seus Inter Motors Sane Inter Pet Int Nickel New Kelly Tire Wee Eenee Kelly T New Sen Hbo St Jos Aoe Ohio Oil Late Reo Pierce Oil Prairie O & G Sree Eeteeese Prairie Pipe O'pf Ind Sess Seeewerereee Soofny OH

Joy Talks on Extending Banking Ties at Trade Conference

Benjamin Joy of the National Shawmut Bank of Boston argues at the International Trade Conference that the US should extend direct banking overseas due to three factors. He cites the Federal Reserve Act expanding lending by 2 billion dollars, a surge in foreign trade, and a shift of the trade balance toward credit as funds accumulate, encouraging United States investment abroad.

Benjamin Joy National Shawmut Bank of Boston International Trade Conference United States

Bond Market Notes Highlight Mass Loans and Refunding

Worcester awards a 150000 loan to N W Harris Co at 1 95 per cent discount due April 3 1916. North Attleboro sells a 30000 loan due April 8 1916 to Bond Goodwin at 2 40 per cent discount. La Belle Iron Works sells 3600000 first mortgage sinking fund 5 per cent bonds due 1940 to Lee Higginson Co. The refinancing retires 1680000 six per cent bonds, creating a single first mortgage on the property.

Worcester Mass N. W. Harris & Co North Attleboro Bond & Goodwin

Motor stocks feature market points in yesterday's markets

Total sales in New York 459600 shares and Boston 34975 shares. Steel led New York with 57100 shares while Alaska Gold topped Boston with 5665 shares. Year to date totals show New York 162454600 and Boston 11390027. Gains and losses highlighted include General Motors up to 546 in New York and American Express down to 125, with United Fruit rising in Boston and Atlantic Gulf falling in Boston.

New York Boston Steel Alaska Gold General Motor American Express United Fruit Atlantic Gulf

Wall Street Mixed On Presidentials And Bank Tone

New York market sees active trading with early losses and brief rebounds. President's message and Berlin tensions affect sentiment while railroads report gains, steel and GM lead gains, and Anglo French notes slide to 96 for future delivery.

New York Washington Berlin Western Union Telegraph Sterling Exchange General Motors Studebaker Mercantile Marine United Fruit Canadian Pacific Great Northern Atchison Reading Erie United States Steel Bethlehem Steel Frances United States

New York Stocks Move With Mixed Early Gains

Stocks in New York open with mixed results as notable names show small shifts. Market trackers report modest gains for some industrials and losses for others amid cautious trading.

Boston Stocks Show Price Range on Exchange

Boston on December 8 reports the high low and last prices of securities traded on the Boston Stock Exchange with comparisons to the prior close.

Boston Boston Stock Exchange

Market Report Boston Stocks Mixed At Weekday Close

Moderate activity and uneven prices mark the Boston market with Alaska Gold selling heavily to a new low of 23. Island Creek and Fruit rise, while United Fruit and coal stocks advance. Porphyry mining dividends are discounted. Western Union adds a special dividend, and Waltham Watch secures a war order for 2,000,000 time fuse units.

Boston Alaska New York United Fruit Island Creek Porphyry Butte & Superior Ray ’ Consolidated Chino and Utah Copper Anaconda Western Union Waltham Watch Company

Mining stocks lift dividends as market stirs

Local holders see dividend increases from Utah Copper to Butte & Superior with Utah Copper doubling 1914 levels and Butte & Superior declaring an extra 7.50 per share, total 18, while United Fruit soars on new stock issue ahead of subscription terms. Steel prices hover near 88 with hopes of a new high tied to tonnage data from the Davis Daly Copper and Old Colony reports.

Utah Copper Company Porphyry China Ray Consolidated Nevada Consolidated Butte & Superior Chino United Fruit Davis-Daly Copper Company Colorado United States Steel Corporation

Financial News Notes and Company Updates

Orders at the W H McElwain eight factories exceed capacity by 25 percent over the last two months. Cluett Peabody November sales hit a record $1 147 040. Schwab acquisition claims denied for American Tube Stamping. Edgar Palmer named director of National City Bank of New York. Autocar Ardmore doubles authorized capital to 2 million. Electric Bond buys Utah Power en stock from Utah Securities. Geist acquires Indiana Lighting and General Service holdings. Kennecott Copper outputs over 10 million pounds in November with final figures pending.

W. H. McElwain Company Edgar Palmer New Jersey Zinc Company National City Bank of New York Douglas Sloane

Allied Forces Fall Back in Serbia Report

A Reuters dispatch from Athens states that one German and one Bulgarian regiment entered Monastir yesterday. Anglo French troops are withdrawing toward the Greek frontier as part of the retreat in Serbia.

Serbia London Monastir Reuter Athens

One Thousand German Toys Arrive on Mesna Steamer

One thousand cases of German toys arrived yesterday on the Norwegian steamer Mesna, with a portion consigned to Boston dealers. The ships voyage was delayed by storms, risking late delivery for the Christmas trade, and the Holland America Line must absorb the high costs of the long passage.

Boston

Also Mentioned on This Page

Kidder, Peabody & Co Devonshire St Wall Street Baring Brothers & Co., Ltd Trust Department Shawmut Bank The Illinois Traction Co Bodell & CO Congress Street Ying Majestic Mines Jones & Baker Stock Brokers Devonshire Street Fort Hill Philadelphia Pri Money Markets Federal Reserve Bank Clearing House York Fong Ccecccscessens Acestivavcross Boson Cs Ceseicseneevess Treasury Cos Cessenes Joy Driggs - Seabury Savage Arms Company Int. Mercantile Marine Anglo American Houston Oil Nipissing Hendee Mfg. Co Canadian Natural Gas Arvey A. Willis & Co Broadway Bostom Brady & CO Owen Goldsmith & CO Boston Curb Exchange MAXIM Woonty Edward E. Epps & CO Broad Street Exchange Place Megargel & Co Boston Stock Exchanges Investment Securities Congress St Pine Street Magma Copper Company Et E. Dodge Fitchburg Lake Mergenthaler Michigan Ray Consol Santa Fe Shannon Swift & Co U S Pf Senna Utah Apex New York Market Wats Boston Stocks New Orleans Low Low Lose Pen. Igh Ereveceespeerser Jenoaey Oven Uaes Eceones Liverpool Igh Ft. Dodge, Des Moines & Southern Fort Dodge OLD Colony Trust Company Fort Dodge, Des Moines & Southern Railroad Des Moines Iowa Boone, Ames Rockwell City Halsey & Co., Inc Baltimore Wall St Munsey Bldg Chestnut St la Salle & Adams Sts St. Louis San Francisco California St Old Colony Davis-Daly Issues Old Colony Copper Company Fay No. 36 No. 35 Financial News Notes Cluett, Peabody & Co., Inc Charles M. Schwab American Tube & Stamping Autocar Company of Ardmore, Penn Electric Bond & Share Co Utah Securities Corpration Utah Power & Light Co G. H. Geist Indiana Lighting Company General Service Company Kennecott Copper Corporation Frank W. Blair State Street
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