Market Slump Deepens As Prices Crash Across Sectors
Lower prices accelerate selling in New York and Boston with total daily volume of 674,400 shares in New York and 18,414 in Boston. Copper and steel lead declines while United States Steel and Anaconda slip to new lows. Analysts see a renewed bear market despite possible short rally. railroad and industrial stocks also fall, with profits trimmed by tax adjustments and weaker earnings.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Ventura
Anaconda
United States Steel
Ae Ooo Wiest
Ajax
Hide & L
Int Corp
Sumatra
Atchison Ee
Beth
Booth
Brunswick Ter
Butte & Sup
Butte Copper
Cal Packers
Cal & Arizona
Can Pacific
Chandler Motor
Ches & Ohio
CM & St P
CM & St P Pf
Chic & N'west
CRI & Pac
CRI & P
Rhone
CRI& PT
Col Gas & Elec
del & Hudson
del L & W
D& RG
Erie
Gaston W & W
Ah Ewey
Agri Co
Lehigh Valley
Louis & Nash
Maxwell
Midvale
MK & Texas c
Miami Copper
Montana Pwr
Nevada
Not&m
Y Central
Y Dock Co
Nynh&h
Nyo&w
Nor Southern
Noy-Sco Steel
Penn Seeene
Peoples Gas
Pierce Arrow
Pan-Am Pet
Pitts & W
Prs
Rwy St
Reading
Rep Iron & Stl
Royal Dutch
Saxon Motor
St L&sf
Sears-Roebuck
Sinclair Ou
Sloss-Sheffield
Pacific OK
So Railway
Studebaker
Texas Co
Texas
Twin City
Union Pacific
Irs
United Drug
United Fruit
Ind Alcoere
U S
U S Steel
Utah Bowen
Utah Sec
Weat Pacific
Western Union
Westinghouse
Willys-Over
Wilson & Co
Wheel & L Erie
W & LB
P& M
Willys-Ov
Ahmeck
Alaska
Allouez
Booth Fisheries
Boston & Albany
Hhc
Aanga
Cal & Heela
Century Steel
Cal Port C
Davis-Daly
East Boston Ld
East Butte
Edison Elec
Ae A Fairbanks
Franklin
Inspiration Cons
Port C Pf
I Creek Coal
Island Oil
Isle Royale Bene
New Haven
Nipissing
ORD North
Santa Fe
Seneca
Shannon Aly
Stewart
Yup & Boston
Swift & Co
Seeeas
T G Plant
Torrington
Tuolumne
UN Copper Ld
United Rug
United Shoe
Aly
U S Smelting
Utah Apex Oa
Utah
Oe Close Aetna Explosives Se Ees
Butterworth Judson
Car Light & Power
Keystone Tire & Rub Com
St. Joseph Lead
Smith Truck
Hus Sp
Triangle Film
United Motors
Steamship
Alg
Wright-Mar Aircraft Com
OILS
Atlantic Pete
Barnett
Gee i Ek
Bos. Wye
Oil
Casdler Ee Coggia Acs
Pete Pk Alee Wee
Island O. & T Ols
Kenova Ase Ee
Merritt Oil Speee
Okla. P. & R Teeta Ee Glo
Okmulgee P. & R
Penn
Royal Dutch Shell
Sinclair Gulf
Ole
New Jersey
Stanton Oil
Atlanta
Big Ledge
Blue Bull
Montana
Caledonia
Calumet & Jerome
Canada Copper
RC Peer
Arizona
Ry Ee Ee
Copper
Cresson Gold
Florence
Great Bendesse
Howe Sound
Agate
Jim Butler
Kerr Lake Ey
Lone Star Etanvenee
Marsh
Mason Valley
W. Teane
Erees
Wea Midway Merger
Mines Co. of
Amer
Eee
Aew
New
Ohio Copper
Onordago Silver
Ray Hercules Pate
Dividend Inspires Copper Stock Rally After Dividend Declared
Inspiration Consolidated Copper Company surprised investors by declaring its regular quarterly dividend. The stock trades in the low 40s while Anaconda remains in the 60s, despite Inspiration’s cash strength and large surplus. Copper dividends for 1918 are estimated at 131 million by Boston News Bureau, down from 179 million in 1917 and 157 million in 1916, with annual production around two billion pounds in recent years.
MENTIONED IN THIS ARTICLE
Inspiration Consolidated Copper Company
Anaconda
Inspiration
Boston News Bureau
Copper dividends per pound rise with large per year sums
The text notes age dividend disbursements might reach 1600000000 dollars, equating to 16000000000 cents. It asserts this equals eight times the pounds of copper produced, implying copper shareholders averaged eight cents per pound in dividends alone, excluding surpluses and unpaid amounts from substantial production.
Tremont Trust Year Shines With Growth and Optimism
The Tremont Trust Co reports its closing year as the most successful yet with notable gains in savings and commercial departments. Deposits surpassed the million dollar mark in November and December deposits rose about 206000 despite holiday withdrawals. The bank touts monthy compound interest at 4 12 percent and free access to its vaults for Liberty bonds and valuables.
MENTIONED IN THIS ARTICLE
Tremont Trust Co
Swig
Tremont Trust Company
New England
Kelsey Co declares quarterly dividends on exchange stock
The Kelsey Co Inc declares regular quarterly dividends of 18.4 percent on preferred stock and 11.5 percent on common stock payable January 1 to stockholders of record December 26.
MENTIONED IN THIS ARTICLE
Kelsey Co., Inc
Money markets brief with steady 6 percent rates
Current prices list brokers' customers' loans at 6 percent, inside brokers' call loans at 6 percent, customers' commercial loans at 4 percent, individual collateral loans at 6 percent, commercial papers at 6 percent, and year money at 6 percent.
MENTIONED IN THIS ARTICLE
Itside
War Office to Cooperate With Massachusetts Welcome Effort
The federal government agreed to cooperate with the Massachusetts committee to welcome returning soldiers sailors and marines. The War Department ordered commanding officers and soldiers to register with town or city clerks after returning home to help compile complete records of Bay State service members. Major-General Henry Jenney praised the committee’s suggestion and confirmed compliance.
MENTIONED IN THIS ARTICLE
Massachusetts Committee
War Department
Bay State
Henry Jenney
State fund for workmen's compensation endorsed
Massachusetts legislative committee proposing a State fund for workmen's compensation as the 1919 session nears. After hearings on self-insurance, a majority backed the fund plan, citing study of New York's system. An executive session is scheduled at the State House Friday morning.
MENTIONED IN THIS ARTICLE
Massachusetts
New York
Workmen's Compensation Committee
State House
Wilson Pledges Peace Ideals to American Troops at Chaumont
President Wilson, in Langres area near Chaumont, told about 10,000 American infantrymen that the peace must preserve the sacrifices they have made. He reviewed divisions including the 6th, 26th, 29th, and others, received a silk liberty statue from General Alexander, dined with New England troops, and toured billets, calling the day the greatest of his life.
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Chaumont
Associated Press
Wilson
Langres
Caesar
America
Paris
Old Chaumont
Gettysburg
Pershing
Grayson
Liggett
Alexander
Hale
Lincoln
Washington
France
Volecano
Stars and Stripes
Suwanee
Maryland
Dixie
6Th Division
Meuse
Argonne
Chemin Des Dames
Chateau Thierry
Vith
The
Verdun
82D
Mr. Wilson
77Th
New England
Morocco and Gibraltar Talks at Paris Peace Conference
Paris discussions reveal rumored Spanish Premier Romanones proposing cession of Spanish Morocco to France for one billion francs, return of Gibraltar to Spain by Britain, and Ceuta to Britain by Spain. Ambitious plans for an all land link between Africa and France across the Strait of Gibraltar are also debated. Officials offer no confirmation, while corridors of the chamber echo the Gibraltar return idea for peace talks.
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Paris
Spanish Morocco
France
Gibraltar
Spain
Great Britain
Ceuta
Morocco
Count Romanones
Wilson
M. Clemenceau
Chamber of Deputies
Strait of
Africa
England
English Channel
Romanones
Westfield Officer Dies of Wounds in War Service
Lieutenant William H. Kane, Machine Gun Company of the 137th Infantry, died of wounds on October 6, as telegrammed to his father Terrence M. Kane of 12 Cherry Street. Born in Westfield, 22, he was a Valparaiso University law student before entering Camp Devens, was commissioned overseas in April, and leaves four sisters Katharine, Mary, Harriett, and Irene.
MENTIONED IN THIS ARTICLE
Katherine
Mary
Harriett
Irene
Canada Northern needs 30 30 million for tracks bridges roadbed
Ottawa December 25 A government report states that before the Canadian Northern railroad, now government property, can operate adequately an expenditure of 30 30 million is required for tracks bridges and roadbed An operating deficit of 8 million on Canadian government railways in the past year would be announced soon says the report
MENTIONED IN THIS ARTICLE
Ottawa
Canadian Northern Railroad
Ranks Proposed for Pershing Face Congressional Opposition
War Department urges permanent general rank for life for General Pershing and a lasting lieutenant general title for General March General Bliss Lieutenant Generals Liggett and Bullard currently hold temporary ranks Congress plans to grant enduring recognition for wartime service amid debate.
MENTIONED IN THIS ARTICLE
Washington
War Department
Pershing
Congress
March
Bliss
Liggett
3Ullard
Opposition hints at army politics in Senate measure
The piece argues an opposition may use forthcoming legislation to air army politics and probe the Wood recall and Edwards removal. It notes divisions over honors among generals Bliss Marek Liggett Bullard Crowder and the risk the measure becomes crowded with riders granting favors to officers with political backing.
MENTIONED IN THIS ARTICLE
Leonard Wood
Clarence Edwards
Congress
House of Senate
General Pershing
Wood
S89th
France
Edwards
Bliss
Marek
Liggett
Bullard
Crowder
Army
Girl Traps Bond Thief in Brooklyn
Rose Kipper, 18, of 44 Boerum Street Brooklyn, detained William Schwazer 19 of 262 Irving Avenue after he falsely claimed a bank error and tried to take back her Liberty bond. Schwazer was held without bail at Bridge Plaza court for an exam tomorrow on forgery and grand larceny charges.
MENTIONED IN THIS ARTICLE
New York
Rose Kipper
Boerum Street
Brooklyn
William Schwazer
Irving Avenue
Miss Kipper
State Bank
Broadway
Graham Avenue
Schwazer
Fire destroys warehouse used by Medical Supply Corps
New York December 26 Army medical supplies worth sixty six thousand dollars were destroyed by a blaze in a warehouse occupied by the Medical Supply Corps. Firemen wore masks due to fumes from disinfectants used on dressings. Officials cited deficient insulation of electric wires as the cause.
MENTIONED IN THIS ARTICLE
New York
Medical Supply Corps
Obituaries notice for Flynn Lanfranchi McGlinchey Welch
Death notices from Boston area announce Bridget Flynn of 152 Warren Street Dec 28 funeral later Elena Lanfranchi of 8 Unity Ave Dec 26 funeral later Annie K McGlinchey Cambridge resident Dec 26 funeral Dec 28 9 am at 9 Athens Street and 10 am Mass at St Pauls Church Margaret Welch South Boston Dec 26 funeral Dec 28 9 am from 101 Old Harbor Street Requiem at St Augustine's Church 9 45 Automobile cortege extended.
MENTIONED IN THIS ARTICLE
Athens St
St. Paul's Church
Welch
Boston
Margaret BE. Welch
Old Harbor St
St. Augustine’'s Church
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