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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 07, 1919

Page

20

Market rundown reflects copper shock and steel weakness

Bearish waves hit stocks with copper and steel leading declines. New York and Boston volumes show mixed performance as copper issues weaken despite a 18 cent minimum price pledge for miners. Analysts flag implied losses and expect potential revival with price stabilization and auto demand.

New York Life Reports Record New Business and Assets

The New York Life Insurance Company reports record new business of 240 million dollars the largest in 74 years. Income exceeds 154 million with 21 million borrowed for the Fourth Liberty Loan and nearly 18 million paid to policyholders. Admitted assets top 995 million including 70 million in Liberty bonds. Influenza mortality is noted as a major factor. Dividends may be reduced in 1920 if the epidemic persists, with over 32 million set aside for 1919 dividends.

New York Life Insurance Company

Market declines as copper weakens steel shares plunge

New York reports further unsettlement in metal markets with copper at 18 12 cents and wage-cut fears pushing stocks down. The American Steel Foundries annual report shows nearly 50 percent drop in 1918 net earnings, dragging steel stocks and related producers lower amid broad market losses.

American Steel Foundries New York Stock Exchange American Steel Foundries Companies Anaconda Inspiration Kennecott Utah Railway Steel Springs Pressed Steel Car Baldwin Locomotive Independent Steels United States Steel Call United States

Money Market Rates Reported by Brokers and Banks

Current prices show brokers' customers' loans at 5 1/2 percent outside brokers' call loans at 5/6 percent customers' commercial loans at 6 percent individual customers' collateral loans at 6 percent commercial paper at 6 percent and year money at 6 percent.

Bond Market Snapshot Shows Mixed US Treasury and Corporate Notes

The page lists varied bonds and securities including Libor linked issues, Western Pacific notes, and Erie rail bonds with prices and dates. It notes several companies and banks like Seaboard Air Line, Grand Street firms, and Sinclair Oil among others, with prices around 8 to 100 and dates stretching into 1960s.

Boson Norf & W Western Nort Sfish M & &T Pacifle Palche J Orwaren Penn Phila Co Cin Paris Erie Gallien Fel StLes Adj Fis Seab Air Scab Air Lad U K Gt Brit Sinclair Oil Sia & M Rf So Pacific Gt Brit É So Pacific Cvt Mexico Pacife-San F Agiralte Ry. de Registere Tesma Co Bates Balt & O Avale Balt &O Wold West Enka West Meryld West Pacific Pac NT & Wev West ‘Shore Wilson & “Co Fis Or & O Winston-Salem

Board of inquiry ends expected this afternoon Charlestown yard

The board of inquiry at Charlestown navy yard has sat three days taking testimony on the accident that killed two men and injured five. It will visit hospitals for statements before reporting to Captain William R. Rush. Also rail and streetcar service changes announced and civic notes from Boston including a fraud case and legislative actions.

Board of Inquiry Charlestown Navy Yard William R. Rush

War Board Wage Schedule Conference Tactics at Federal Building

A noon conference at the federal building will bring former President Taft and Basil M. Manley, joint chairmen of the Federal War Labor Board, together with Boston & Worcester Street Railway Company attorneys and James Fl. Vahey for the Amalgamated Association of Street and Electric Railway Employees. They seek to arrange an appeal against the board fixed wage scale. The meeting, in the United States Circuit Court room, begins at 12:50.

Federal Building Taft Basil M. Manley Federal War Labor Board Boston & Worcester Street Railway Company James Fl. Vahey Amalgamated Association of Street and Electric Railway Employees United States Circuit Court

Copper Market Reopens as Ten Million Pounds Sell

In New York ten million pounds of copper were sold by large and small agencies as prices dropped from 23 to 1888 cents a pound with some small lots at 18 cents. The trade, first significant since the armistice, signals opening of a peace scale market though activity was modest.

New York

Fishing Fleet Reels in Big Catch Amid Sunday Gale

Last Sunday's gale on Georges Bank halted fishing on the grounds and caused a temporary supply shortfall. The steam trawler Fish Hawk returned with 127,200 pounds after two days of near-impossible work. Seafarers salvaged the fleet, many vessels sheltering in Provincetown while the Fish Hawk and Adeline and Ruth & Margaret reported notable catches.

Georges Bank Fish Hawk Provincetown Harbor Haddock Adeline Ruth Margaret Catherine Elizabeth A

Shipping News: Steamers and Tugs Sail for Ports and Barges

Shipping notices list steamers from Lexington to Wesbnorge and Grecian sailing to Havana and Philadelphia. Tug Mary T Scully towed Easton and Dunmore. barges Manatawney and Neshaminy bound for Portsmouth and Gloucester with other consignments from Norfolk, Port Reading, and Lamberts Point.

Lexington Robinson Glasgow Crathorne Courtney Nuevitas Cuba Sagamore Borresen Thalifax N. 8 Lake Cayuga Corning Lamberts Point Lake Yamassee Holmes Norfolk Mohawk Whitmore Portland City of Gloucester Larsen Gloucester Valley Forge Lablich Port Reading N. J Neshaminy Manatawney Wesbnorge Havana Katahdin Charleston Jacksonville Long Harbor Konfolk Grecian Philadelphia Delaware New York Lake Dunmore Mary Ti’. Scully Easton, Dunmore Hackensack Narragansett Hog Island Brockton and Clenfuegos Portsmouth Robesonta Suffolk

Bryan outlines plan to return railroads to private owners

William Jennings Bryan and other speakers told the National Rivers and Harbors Congress that state and federal ownership would unify control during wartime with a plan to revert to private ownership 21 months after peace unless the President acts sooner. Secretary Redfield urged port improvements to boost foreign commerce.

Washington National Rivers and Harbors Congress William Jennings Bryan Luther M Walter Chicago Redfield Bryan

William Chnges His Mind in Spudd Dialogues Satire

William Jethro Spudd in the Spudd Dialogues column of Beal now appears in the Boston Post Sunday Magazine delivering his biased take on valentines and experiences a later shift in his viewpoint.

William William Jethro Spudd Spudd George Brinton Beal Boston Post Valentines

Also Mentioned on This Page

Southern Railway Company Continental and Commercial Trust and Savings Bank Fairfax Harrison United States Railroad Administration Halsey, Stuart & Co N. W. Halsey & Co State Street Boston Steel Island Oil Great Britain France Eband Irene Nes Amerori China Bay Nevada Calumet & Arizona Swift Evi Motor Steel Companies Hornblower & Weeks United Alloy Steel Transue & Williams Steel Foundries Iron Age Tron Trade Review Iron Trade Review Ationa Chicago Grain Market Atgaka Allis-Chalmers Allis-C Int Corp Sumatra Atchison Agen B& O Beth Steel B Steel Pray Burns Bros Butte & Sup Butte C & Zinc Cal & Arizona Cal Pet Cerro de Pasco Hal Ches & Ohio CM & St P Chie & N'west CRI & Pac Col Gas & Elec Col Fuel & Tron Col & Southern Io — Ik Erie Gaston W & W Goodrich HOS Lee Rubber Lehigh Valley Mackay Ally Jug al Maxwell Ist Midvale Miarai NY Air Ohio Cities Pierce “Arrow Lorillard Pitts & W Pitta Coal Pierce Oil Eeeseene Prs Steel Car Tree Pullman Co i RI & Steel Sears-Roebuck Ariz Il Sloss-Sheffield Stromberg Studebaker Stutz Pescoe Tenn Cop & C Exas Co Texas Pac Tranaure & Wins UN Pacific Willys-Over Willys-Oy F Woolworth C Worth P & Mae Bay State Gas Bost & A Candia Carson Hills Crystal den Bi H Eagle Blue Bell Seserdere Ranier Pac Tung Ray Hercules Eee Als United Verde Beeen Ene Seer Eesacterens Greesvet Haat Patlala Enone Nate An Ag Oh A Ohn Felad Seivteuat NEW York Life Annual Report New York Market Curb Industrials Boston Stocks Bonds Aetna Car Light & Power Dictograph Gillette Safety Razorater General Asphalt Havana Telecom Hupp Motora Inter Cont Rubber Keystone T & R Lake Torpedo Boat Marconi Wireless North Amer St Joseph Lead Seveeveee Standard Motors United Motors United Ito US Light & Heat US Steamship Peeres Wright-Martin Air Com Atlantic Pete Atlantic Caneeses Barnett O & Gestes Bos Wyo Oil Betes Cosden & Co Cosden & Co Pf Crown Elk Basin Pete AT & T T &T Glenrock Houston Wang Miss Power Island O& T Il NET & T Ds Kenova Swift & Co Merritt Oi Sequoyah Sinclair Gulf Stanton Oil United Western New Victoria New Amoskeag Wayland O& G Bligh Arizona Adanae Booth Fisheries Alaska Brit Col Bost & Alban Atlanta Bost Lev P! Seeeee Belmont Sstcevere Bost & Me Big Ledge Cal & Ariz Wireree Cal & Hecla Cree Bost & Monta Century Steel Caledonia Chino Calumet & Jerome Canada Copper C P Cement Daly-West Butpee Corbet Silver Davis Daly Se Ra Great Ahs Elec Green Monster Gorton-Pew Beese Eck. Phaser Ae Hancock Hollinger Jerome Verde I Creek Jim Butler Kewanas Lone Star Ee Isle Royale Magma Copper Marsh Daeteee Melntyre McKinley Darragh New Cornelia Ibty Lbhy Ag Corp of of Eee Snete Tel New Haven Montana Nipissin Csesas Motherlode North Butte Nova Sco Rteel Nixon Neva Nta Abe Seer Ohio Copper Seneca Onondaga Silver Shannon Ves . Lly South Lake Ray Hercul Stewart Superior Rochester King of United Fruit Success United Shoe Temiskaming Evens Des Dbeae Ae Eeeeree West Dome Victoria i West End War Bros White Capes Samick Money Markets N. Y Open High Low Ste Taeee Wore Lak Eae Beaece Elevated Washington and Market Streets Brighton Market Street Western Avenue Central Square Massachusetts Daughters of Maine Lawton Hall C. T. Swan Margaret R. Starrett Herbert W. Smith Department of the Northeast Joseph H. Flint Bertha Barnes House of Representatives Committee On Public Service General Court House Whitman of Quincey Martin Hays Senate Stephen O'Meara Conference On War Board U. S Venus Mars Jupiter Saturn Scotland Hoosac Charlestown Newcastle Madeline Shirley Lord Martinique British West Indies Bordeaux Neuvitas South Boston United Fruit Company Vestnorge Long Wharf Lake Como Toyo Tisen Kaisha Cunard Line Far East Japan Cape Ann Fog Rock Nahant Lght Landsman Haffdock St. Zoe Pioneer St. Trw Gladys Nellie Tae Antoine Oo. Santos Sae Nunan Seers L R. Marshall Ween Fisie G. Silva Angie Marshall Eee Adeline Wilson E. M. Fuller & Co Broad Street, New York AM. Smelting U. S. Steamship Denbigh Homa Oil Mines CO. OF Denbigh Temple H. Fay & Co. Stock Exchange U.s.steamship Chamberlain & Davis Postoffice Sq Hub Motors Gillette Razor Keystone Tire General Asphalt Internat. Petrol G. F. Redmond & CO Fort Hill King Copper Co King Copper Ainsworth King King Cop Securities Exchange Denver Cons Exchange Street Ventura Homa Seven Metals A. F. Dow & CO Andrews & CO State St Great Western Oil Frank W. Blair
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