Market Narrowly Steady Amid Stronger Declines in Rail Stocks
The New York market softened late as railroad issues led losses after an initial hold. New York Central offered stock at 100 to stockholders but slid to 91, signaling underwriter dependence. Beets Sugar rose on a 12 dividend and 8 percent rate increase, while several majors showed small gains or losses with no broad rally.
MENTIONED IN THIS ARTICLE
New York Central
Treasury
Brooklyn Rapid Transit
Anaconda
Utah
New York
Cuba
Kennecott
Mercantile Marine
New Haven
Bethlehem Steel
American Beet Sugar Company
Market Report of Yesterday's Stock Totals
Yesterday's market notes show New York total sales of 1 331 700 and Boston 51 062 shares. Steel led activity in both cities with 302 200 in New York and 7901 in Boston. Gains include American Beet Sugar in New York from 738 to 897 and Edison Electric in Boston from 8 to 210, while losses include American Tobacco in New York from 13 to 204 and General Electric in Boston from 7 to 162.
MENTIONED IN THIS ARTICLE
New York
Boston
Boston—Steel
American Tobacco
Edison Electric
General Electric
Ady Rumely
Alaska
Alaska-Juneau
Allis-Chalmers
Hide & L
Atchison
Atles
AG & W T
B&o
Barrett Co
Beth Steel
Burns Bros
Brunswick Ter
Butte & Sup
OM & St P
Chie & NW
CRI & P
Clnett-Peabody
Col Fuel & I
Col Gas & E
Deere & Co Pf
del & Hudson
Dever & RG
Driggs-Lab
Erie
Min & S
Gaston W&w
Chandler Motor
Ches & Ohio
Chie & Alton
Gt West
Goodrich
Granby Consol
Agri Co
Odo
Har Corp
Har . J
Kayser & Co
Kelly-Spring
Kennecott
Lake B & W
Lee Rubber
Lehigh Valley
Long Island
Louis & Nash
Max Motor
New York Market Slips Amid Broad Market Setback
Stocks showed brief promise near noon in New York trading after an irregular open. Rail issues led losses with St Paul Reading Northern Pacific and Erie second preferred down, United States Steel dipped from 104 and closed near its low. Total volume reached 1.3 million shares as oils and other sectors posted declines.
MENTIONED IN THIS ARTICLE
New York
St. Paul
Reading
Northern Pacific
Erie
Union Pacific
Canadian Pacific
New York Central
United States Steel
Baldwin Locomotive
People’s Gas
Brooklyn Rapid Transit
Republic
Iran
United Kingdom
United States
New York Stocks Hit Mix of Gains and Losses Amid Record Volume
Trading on February 2 shows mixed high and low quotes for many blue chips led by Am Can and Gen Electric with New York totals at about 1.33 million shares. Notable moves include Alaska Gold at 8 1 2 and Anaconda around 75 1 2, amid broad swings and substantial daily turnover.
Market declines amid New York weakness and New Haven gains
Boston market shows mixed moves as Atlantic Gulf andAmerican Zinc fall to new lows while Butte & Superior holds. New Haven earnings beat expectations with December revenue up 735000 and net income up 920000, aiding stock recovery amid broader selloff. The company plans to leverage outside investments to reduce indebtedness.
MENTIONED IN THIS ARTICLE
New York
Atlantic Gulf
Butte & Superior
New Haven
New York CurB Bonds and Mining Stocks Summary
Bond listings show varied prices with US 5s near 95 percent and several corporate issues trading around 90 to 106. Mining stocks include Butte-Détroit at 134 and Magma Copper near 48 with smaller caps such as Nipissing and Un Verde Ex trading in single digits to mid tens.
MENTIONED IN THIS ARTICLE
Butte
Détroit
Boston Stocks: Daily Highs Lows and Closing Quotations
Boston report lists the day's high, low, and closing stock quotations with net change from the previous close. Bonds are noted separately.
MENTIONED IN THIS ARTICLE
New York
Boston
Bond Market Sags Amid Broad Selloff in New York
Trading in New York shows persistent selling pressure across the bond market with Anglo-French issues reaching new lows. Notable items cited include United Kingdom issues, American Telephone 5s, several railroad and steel bonds, and a range of local issues with prices quoted around par to premium, reflecting a general market downturn.
MENTIONED IN THIS ARTICLE
United Kingdom
Baltimore & Ohio
Chesapeake & Ohio
Chicago Great Western
Interborough
Money Markets Report February Financial Quotation Snapshot
Current quotations show brokers call loans at 5 percent, outside calls at 6 percent, customers’ commercial loans 4 to 5 percent, collateral loans 4.5 percent, commercial paper 3 to 4 percent, and year money at 4 percent. In New York silver stands at 57 and foreign exchange shows sterling around $4.76 with demand softer. francs at 5.84, marks at 6.7, guilders 0.40, lire 7.28, and roubles 28.60.
MENTIONED IN THIS ARTICLE
New York
Clearin House
Boston
Esesees
Sub-Treasury Credit
Eeerenereeensere
Tia
Treasury
Provision allows women as public administrators in bill
A bill reported favorably by the legislative committee on legal affairs includes a provision permitting women to become public administrators.
MENTIONED IN THIS ARTICLE
Legislative Committee On Legal Affairs
Waterfront Calendar and Freight at Boston Harbor
Eight arrivals at the fish pier yielded fresh fish with prices lower than earlier in the week. Receipts included 1100 pounds of cash and 65 450 pounds of scrod. Cargo reports note wool cargo denial, Tampico aid, Leyland liner Canadian cargo, and 4000 bales cotton valued at 1 000 000 dollars. Leyland liner Canadian carried 3996 tons of goods including Egyptian cotton and steel.
MENTIONED IN THIS ARTICLE
Marine and Insurance
Boston
New York
Buenos Ayres
Ohioan
Grand Junction Docks
Clan Macdougall
Calcutta
Harvard
Houston
Tex
Wight
Chelsea
Standard Oil
Shipping News Arrived with Multiple Steamers and Towing Barges
Numerous ships and steamers listed as arrived or sailing from Salem and other ports to Guttenberg Port Johnson Sewalls Point and related destinations. Vessels include Canadian steamers Bullock Tivver pool Clan Macdougall Nacoochee Governor Tingley London Portland Belfast and more with towing barges Cadosia Forest Belle Smyrna Shamo kin R G Co No 1 and others.
MENTIONED IN THIS ARTICLE
Canadian
Bullock
Tivverpool
Clan Macdougall
Cowle
Calcutta
Norfolk
North Star
Mitchell
St. John
N. B
Eastport
Portland
Tuscan
Rogers
Baltimore
Nacoochee
Drver
Savannah
Hart
Jacksonville
Charleston
Indian
Nickerson
Philadelphia
Tdingley
Linscott
Belfast
Rawley
Winterport
City of Gloucester
Limekin
Gloucester
Ontario
Lowes
Smyrna
Salem
Guttenberg
Honey Brook
Wentworth
No. 7
Port Johnson
Prince George
Yarmouth
N. S
Grecian
Newport News
Harvard
Houston
Texas
Ralph K. Grant
Cadosia
Forest Belle
Prudence
Georgia
Plymouth
Province
Town
Portsmouth
Tacony
Shamokin
South Amboy
Jr. &. Nichols
R. G. Co. No
Rockport
Mass
Jack T. Scully
Hackensack
Newport
Sea Wing
Coastwise
Sewalls Point
J. H. Winstead
Harry Hooper
Lamberts Point
Watuppa
Easton
Remus
Sharon
Catholic Church Notes Candlemas Observances Across Diocese
Catholic churches in the diocese observed Candlemas with multiple masses at the Cathedral of the Holy Cross and other churches. Cardinal O Connell presided at the high mass and blessed candles. First Friday devotions and 49 hours prayers were scheduled in St James Arlington St Fullias South Boston and Notre Dame chapel Back Bay Fens. Blessed candles and threats of children were blessed at designated masses.
MENTIONED IN THIS ARTICLE
Cathedral of the Holy Cross
Cardinal O'Connell
Confraternity of the Holy Cross
the Sacred Heart
St. Blase
St. James Church
Arlington
St. Fulalia’s
South Boston
Academy of Notre Dame
Back Bay Fens
Boylston Citizens Dance Open Anniversary Event in Jamaica Plain
Mayor Curley will attend the Boylston Citizens Association first anniversary dance at Boylston Hall 276 Amory Street Jamaica Plain Tuesday night. A roller skate dance demonstration by Master Carl Furst is featured with Floor Director J F Norman and a reception and refreshment committees listed.
MENTIONED IN THIS ARTICLE
Mayor Curley
Boylston Citizens’ Association
Boylston Hall
Amory Street
Jamaica Plain
Carl Furst
J. F. Norman
Margaret Blair
Stephen Lydon
William Dolan
William Schneider
James Hanley
Joseph Cooney
George McWillia
Groundhog Day Foretells Return of Winter Shadow
Yesterday marked Ground Hog Day as the groundhog saw his shadow and returned to his hole. Forecasters imply more winter ahead and no new groundhog tales for a while.
MENTIONED IN THIS ARTICLE
Ft. Lin
Venus
Jupiter
Saturn
Taft Pins War Blame on Germany
Former President Taft told the Chamber of Commerce that if war comes between Germany and the United States, Germany will be the unprovoked aggressor. He said Germany would force U S into war by defying justice and humanity between civilized nations.
MENTIONED IN THIS ARTICLE
Washington
Taft
Chamber of Commerce of the
United States
Germany
Europe
Belgium
Tausitania
Taft Reflects On German Crisis In Preface To League Speech
The former President discusses the German crisis before a prepared address on the League to Enforce Peace. He defends Leeague aims, criticizes Roosevelt Bryan and Borah, and warns Germany’s threat to neutrals could force the United States toward war if necessary.
MENTIONED IN THIS ARTICLE
League
Theodore Roosevelt
William J. Bryan
Senator Borah
Congress
Taft
Germany
Vision of America Joining World Peace League
A speaker envisions the United States moving from isolation to active participation in enforcing a just peace. The address argues for forming a military strength and moral leadership to guide international justice and end isolation from global wars and welfare. It urges leading nations into a permanent world league to enforce peace.
Clergy Schedules Sermons and Prohibition Campaign
Dean Edmund S. Rousmaniere will preach at 11 a.m. and Dean Rousmaniere will lead the noonday service on Wednesday at the Cathedral Church of St. Paul. Bishop N. B. Thomas will speak at 7:30 p.m. on Wyoming work. Daniel A. Mackay speaks at Dorchester First Baptist on The Message from the Man Behind the Bars as part of church efforts. The Boston federation of Churches launches a Prohibition poster and post card campaign led by Rev Addison of Brookline. Arlington Street Church starts, then King’s Chapel. the first card critiques a year of Prohibition in Denver.
MENTIONED IN THIS ARTICLE
Edmund S. Rousmaniere
First Baptist Church of
Dorchester
Young People's Society of Christian Endeavor
Daniel A. Mackay
Boston Federation of Churches
Arlington Street
King’s Chapel
D.D
Addison
Brookline
Denver
Cotton Market Reports Weak Close Across Cities
The market shows futures closed weak with Anglo markets steadier than New Orleans and Liverpool. Spot prices around 14.30 in New York with declines noted, while New Orleans futures weaken and Liverpool quotes edge down.
MENTIONED IN THIS ARTICLE
New York
Sore Siee
Reale Ocava Ara Ceeb
New Orleans
Liverpool
Mar-Apr
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Crystal
John E. Allen & CO
Tels
Devonshire Street
Allen
E. Allen
Zea
Adirondack Electric Power
Boston Telephone Main
State St
Pine St
N. Y
U. S
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Financial
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Ae White Motor
Willys-Over
Wilson & Co
Wise Central
Woolworth Co
P & Mac
Cosden O
Tima Loco
Midy Steel A
United
Rock Island
Butte GC & Z
Cerro de P
Cosden & Co
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Sequoyah
Boston Stocks
X & WI
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den &Rg
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Kcfts & M
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Fes
Uae
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Lexa Ry
So Pacific San l
Linas & M
Lorin Co
Eee
L&w
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St Louis
Manhattan
Sea
Ess
Jnion Pac
SP _ sa eeee Oe
MK & It
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Chee & O
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Morris & Co
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Ones & O
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Boylston Citizens’ Dance