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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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