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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 12, 1919

Page

16

Market Mixed As Stocks Rally And Slide In Early Trade

The market opened with little change as gains in oil stocks and firms like Distillers Alcohol General Electric and Gulf offset weakness in American Can. United Fruit rose on dividend news while Boston and New York lists showed mixed advances and declines amid evolving earnings and policy signals.

uAm Glenrock Distillers Island Oil Sinclair Gulf Submarine Boat U. S. Steamship Tobacco Sapulpa IIT Alcohol General Electric Gulf Gennans Faris Glass War Finance Corporation United Fruit Wall Street New York Boston Toronto San Francisco Salt Lake Los Angeles Sedition Limited

Can Company Faces Earnings Drop and Tax Increase

The report shows full liabilities and doubtful assets charged off while inventory is conservatively valued. A $5,000,000 shrinkage in net earnings is noted, with taxes up $1,000,000 from 1917. Depreciation totals $3,500,000, larger than prewar figures, and only part of profits from government work is in the 1918 report. Contracts already taken suggest 1919 business could compare favorably with 1918.

American Can Company Can

Trading in New York stocks amid holiday market lull

Market activity was light with focus on select, previously pressured issues. United Servai rose 6 1 2 points on a higher quarterly dividend and extra disbursement, while Ansanon and other steels led advances. Can Corp posted a net loss but still showed a price gain amid mixed rails and bonds.

New York Beur United Servait Ansanon Steel General Weetoie American Car Pressed Steel United States Steel American Can Can Canadian Pacific Soo United States

Open high low stock prices for various dates

The record lists opening, high and low stock figures across multiple months including February March May July October December and January with values such as 2180, 21.88 and 70.00 51 24 20.42 20 91 20.52 and 19.18 19.20 19.00 19.17 18.45.

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