Stock Price Tone Reflects Heavy Gains and Losses
Total sales in New York reached 1,024,230 shares with Boston at 61,664. National Biscuit led gains in New York rising to 127 from 3, while Bethlehem Steel fell to 626. In Boston N. E. Cotton Yarn pref advanced to 64, Calumet & Hecla declined to 585.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Tuolumne
National Biscuit
Bethlehem Steel
N. E. Cotton Yarn Pref
Calumet & Hecla
Wall Street Ends Mixed As Foreign News Shapes Trading
Trading day driven by foreign affairs, a 10 percent call money rate, and declines in Anglo-French bonds. Major stocks slipped with Bethlehem Steel hardest. Ajax Rubber and Central Leather rose briefly. Utilities and United States Steel showed mixed moves amid volume of 1,025,000 shares.
MENTIONED IN THIS ARTICLE
New York
England
France
Paris
United States Steel
Bethlehem Steel
Inited States
Ajax Rubber
Ohio Gas
United States
Boston Market Falls as Copper Decline Hits Shares
The Boston market weakened with New York as Atlantic Gulf drifted lower and metal shares fell. Pond Creek rose to a record intraday high before retreating, while copper price expectations suggest a drop from 35 cents. Mohawk Mining may declare a $12 dividend this month. Superior & Boston reports a $176,000 net balance as of Oct 1, 1916. Steel dividend outlook hints at higher payments next meeting in January.
MENTIONED IN THIS ARTICLE
New York
Atlantic Gulf
Pond Creek
London
Mohawk Mining
Superior & Boston
New Haven
Boston & Maine
Money Again At 8 Per Cent Rises in Call Rate
The text notes a jump in the call money rate from 3.5 to 8 percent as December unsettles markets. It cites past peak rates, large gold imports, and NY bank withdrawals weakening liquidity. It mentions stock weakness, copper market effects, and lingering speculative pressure along with cotton, steel, and rubber movements shaping the week.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve System
New Haven Stock Slumps Amid Earnings Drop and Car Charge
New Haven stock fell to a year low of 55 as factors weighed on the shares. Earnings show record gross revenue but lag behind last year in net, with under $30 a share in the prior year. A proposed 75 cent per diem car charge hits New Haven hard due to limited equipment, and prospects for retaining its boats look dim.
MENTIONED IN THIS ARTICLE
Westinghouse Electric Manufacturing Company
New Haven
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