Market mood sours as bears attack steel and copper shares
Market watchers report bears pressuring prices with limited success. Steel and copper led declines though some issues steadied, volume waned and holders showed confidence in high dividend yields. Copper prices hit bottom with a large producer cutting to 181/2 cents, while Anaconda slashed 23 cents to attract buying.
MENTIONED IN THIS ARTICLE
Bears
Anaconda
Telephone
Massachusetts Electric Preferred
Elevated
Fairbanks
Stewart
Scch
Old Dominion
Miami
Anaconda Copper Company
United Metals Selling Company
Fidelity Trust declares dividend at 11 2 percent with 1 2 percent extra
At the annual directors meeting the IJidelity Trust Company announced a regular quarterly dividend of 11 2 percent and an additional 1 2 percent, payable March 1 to stockholders of record February 15. The full year rate totals 13 percent.
MENTIONED IN THIS ARTICLE
Ijidelity Trust Company
Money Markets Prices and Loan Rates
Current prices and rates show brokers' customers fearful, with 54 percent. Outside brokers' call loans at 5 per cent. Customer commercial loans at 6 per cent and individual collateral loans at 6 per cent. Commercial paper and year money both at 6 per cent.
Market dips as steels and rails lead price declines
New York stock activity showed steels, equipment, shippings and motors dominating a broader price drop with rails and industrials weakening. Traders faced labor doubt and price readjustments while the dollar steadied and Liberty bonds showed little movement amid $15.375 million in par value sales.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Independent Steels
Baldwin Locomotive
General Electric
New York Air Brake
American Car & Steel Foundries
Pacific Mail
General Motors
Liberty
Virginia
United States
Former B A Foreman Dies in Dorchester
Michael Garnett longtime Boston and Albany railroad foreman died at 22 South Monroe terrace Dorchester after a nine month illness. He was 70 and survived by his widow Catherine three sons and a daughter. Funeral services will be at St Anne's Church Monday at 9 oclock.
MENTIONED IN THIS ARTICLE
B. A
Dorchester
Michael Garnett
Boston & Albany Railroad
South Monroe Terrace
Ife
Catherine
St. Anne’s Church
Catholic Church Notes Schedule Of Talks And Meetings
Professor J D M Ford of Harvard will lecture at the Common Cause Forum on the topic Our Hispanic American Brethren followed by open discussion. St Vincent's Orphan Guild meets Feb 11 at 1 45 pm on Camden street. Foresters mark 40th anniversary with a Feb 16 observance. Notre Dame Alumnae renews ties Feb 14 at Pere Marquette Council IX of C City Point South Boston. A sacred concert and moving picture show benefits the Ladies Catholic Benevolent Association at Globe Theatre tomorrow afternoon. A catechetics lecture by Rev William T A O Brien Ss T L at the Convent of the Cenacle tomorrow 5 pm invites women Sunday school teachers.
MENTIONED IN THIS ARTICLE
J. D. M. Ford
Harvard University
Common Cause Forum
St. Vincent’s Orphan Guild
Camden Street
St.Augustine’s Notre Dame Alumnae Association
Pere Marquette Council
IX. of C
City Point
South
Boston
The
Ladies’ Catholic Benevolent Association
Globe Theatre
Convent of the Cenacle
William T. A. O'Brien
Ss. T. L
St. John’s Seminary
Jersey Drives Out I. W. W. Workers
Two I W W agitators attempting to organize strikers in Passaic New Jersey were driven from the city by police. A central strike committee of 35 was formed to run the action. About 10 040 weavers had quit work.
MENTIONED IN THIS ARTICLE
Passaic
N. J
I W. W
Fragmentary Notice on Pan American Boundary Talk
A garbled excerpt discusses a Bolivian minister and a U S statement on boundary issues among American republics. It mentions unity in liberty ideals and the risk of revolutions, with references to an American League and suppression without infringing sovereignty. The text is unclear and fragmentary.
MENTIONED IN THIS ARTICLE
Washington
Senor Don
Publi
United States
Woman Causes Car to Halt with Quick Thinking
An alert bystander in Newton Ward, Iverette Crawford Newton, steps back as a man in a car screams toward her on Washington Street. She jumps onto the running board, grabs the switch, and forces the vehicle to stop, averting danger. The assailant fled, leaving witnesses startled.
MENTIONED IN THIS ARTICLE
Iverette Crawfo Newton
Brunswick Cotton mill workers strike plans emerge
In Brunswick Maine workers from the Cab Company and United Textile meet to discuss actions. The group aims to extend hours and secure five two day shifts, signaling a broader labor effort affecting the usual closing hour. Local officials attend the social gathering and Horace A. Riviere is noted in attendance.
MENTIONED IN THIS ARTICLE
Brunswick
Suance
Prograas
Horace A. Riviere
United Textile Ca
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