Steel boom lifts shares amid rail congestion and copper surge
Stocks rose in general with sugar and copper issues leading early gains. Copper hit a new high of 87 cents for immediate delivery as Anaconda traded above 76, while steel stocks fluctuated but edged higher on a high average price. Analysts link the rally to railroad congestion and strong global demand, noting large dividends for several steel firms and questions about future sustainability.
MENTIONED IN THIS ARTICLE
Anaconda
New York Air Brake
New Haven
Amalgamated
Steel Corporation
Iron Age
Central West
Lackawanna Steel
Republic Iron & Steel
Midvale Steel
Sloss-Sheffield
Midvale
Bride-to-be Blanche Marie McShane Engaged to James Roger Queeney
An informal Dorchester dinner confirms the engagement of Blanche Marie McShane to James Roger Queeney. Both are well known in the Dorchester community with many friends.
MENTIONED IN THIS ARTICLE
M’shane
J. R. Queeney
Beal Street
Dorchester
James P. McShane
Blanche Marie
James Roger Queeney
Market Summary of New York and Boston Shares
Yesterday's market report shows total sales in New York 333,500 shares and Boston 16,920. Steel led in New York with 46,100 shares. Copper Range topped Boston with 1,578. Year to date totals: New York 29,751,000 and Boston 1,536,319. Compared with last year, New York 23,976,749 and Boston 1,777,602. Notable gains: Cuban American Sugar pref rose 1314 to 10144 in New York. Atlantic Gulf gained in Boston to 95 from 3, while Edison Electric fell to 205 from 3.
MENTIONED IN THIS ARTICLE
New York
Boston
Atlantic Gulf
Edison Elec
Alaska
Allis-Chalmers
Hide & Lea
T& T
Asso Oil Co .A. Hie
Atchison
Beth Steel
Burns Bros
Brunswick Ter
Butte & Sup
Cerro de Pasco
Chandler Motor
Ches & Ohio
Chie & Alton
CM & St P
Chie & N'west
L Jy
Chi&N'west
del & Hudson
den & R
Edison Rts Nn
TG BO
Coce
Ted M & S
Gaston
En Electric
Goodrich
Granby Consol
Kan City
Kennecott
Lehigh Valley
Touls & Nash
Mackay Cos &9 Sry
Manhattan Fl
Max Motor Ray
Maxwell
Miami
Texas
Montana
Nevada
N . A. Brake
Wall Street Advances Mixed on Transportation and Metals Outlook
Traders reversed earlier caution on the New York market as relief over transportation lines easing freight congestion and steadier Mexico and Cuba conditions boosted activity. United States Steel and Texas Company led gains while New York Central and other rails posted modest advances. total stock volume reached 330 000 shares with firm bonds and $2 440 million par value traded.
MENTIONED IN THIS ARTICLE
New Hoffman Company
Goose Creek
New York
Hoffman
Wall Street
Chicago
South la Salle Street
Mexico
Cuba
United States Steel
Texas Company
New York Air Brake
Mackay Companies
Studebaker
General Motors
New York Central
Chicago & Northwestern
Louisville & Nashville
Denver & Rio Grande
Union Pacific
Canadian Pacific
Reading
Lehigh Valley
New Haven
International Group
United States
Market Roundup Signals Strength in Atlantic Gulf and United Fruit
Boston market notes firm tone with Atlantic Gulf and United Fruit showing gains as copper and metal prices rally. Copper Range dividend smaller but unchanged price. Eastern Steamship reports a six month profit of 337000 while prior year was a deficit. United States Smelting earnings expected to rise with higher metal prices, and Aetna Explosives stockholders receive notices of a protective committee to safeguard interests amid potential financial readjustment.
MENTIONED IN THIS ARTICLE
Atlantic Gulf
United Fruit
Boston & Maine
Copper
Eastern Steamship Corporation
United States
Aetna Explosives
New York Stock Quotations and Net Changes
New York stock market updates show today’s high and low prices along with closing quotations and net changes from the previous close. Ex-dividend and ex-rights notes are indicated in the feed.
MENTIONED IN THIS ARTICLE
New York
Boston Stocks Highs Lows and Bond Quotes
Boston stock market report for February 16 lists high and low quotations for the day along with closing values and net changes from the prior close, covering bonds.
Financial market quotes and exchange rates report
The page lists money market rates including call loans at 4 percent, commercial loans at 4 1/4 to 5 percent, and commercial paper at 4 3/4 to 5 percent. It also notes bar silver at 78 1/2 to 58 1/4 cents, New York city exchanges totals, and afternoon bankers' rate quotes for sterling, francs, marks, guilders, and rubles with bid and ask figures.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Aie Ce
Cupimotity Rdo
Ix Roodencase Sane Panna
Federal Reserve
Ty Cis
Oes
Speie
Boston
AZO
Eeseevesieinee CO
Rigo Nee
Sub-Treasury Credit
SIS
Eb Eae
Treasury
Bond Market Mixed as AnglO French 5s Firm. Hudson & Manhattan Drops
New York trading in bonds was varied yet quiet with the main movements in Anglo French 5s holding firm while Hudson & Manhattan issues fell. Urine Pere Marg 4s when issued showed activity amid overall totals of $2.502 million in sales, with weekly and yearly comparisons noted.
MENTIONED IN THIS ARTICLE
New York
Hudson & Manhattan
John Hancock Life Issues Annual Report
The John Hancock Mutual Life Insurance Company reports its 54th annual statement with nearly 2,000,000 policyholders and $894,333,781 in insurance in force as of December 31. It shows $7,200,753 income last year, $15,515,899 in policyholder payments, and reserves of $33,124,987 in total credits. Since inception it has paid policyholders and reserves totaling $295,503,363.
MENTIONED IN THIS ARTICLE
John Hancock Mutual Life Insurance Company
Massachusetts
John Hancock Mutual
Market Barometer Reports Early Average of 20 Industrials
The Market Barometer notes the average of 20 industrials began on October 5 1916 with preliminary readings showing mixed movement and investors watching early shifts in key stocks.
More Trained Men Needed Says Middlebury President
Franklin February 16 President John M. Thomas of Middlebury College declared at Founder's Day at Dean Academy that America faces a new problem requiring larger, more capable and highly trained men. He warned that success will not be easy and the nation risks superficiality and waste unless it strengthens effort and training.
MENTIONED IN THIS ARTICLE
Franklin
John M. Thomas
Middlebury College
Dean Academy
America
Thomas
Europe
Rabbit Must Come in Chief Briefing on Stallings Day
Manager George T. Stallings of the Braves had a busy day in the city, meeting with pitcher George Tyler among others. He said Rabbit Maranville is paid highly but noted his offense lags, and hinted little likelihood of joining unless a visit changes plans.
MENTIONED IN THIS ARTICLE
George T. Stallings
Braves
George Tyler
Stallings
Rabbit Maranville
Parish Notes Include Washington Address and Recitals
Protestant churches report a 7:15 pm talk on George Washington by Dean Hoages at Trinity Church Newton Centre with patriotic singing and flags. Frederick N. Shackley will present seven 30 minute organ recitals at Church of the Ascension Boston on Wednesday evenings starting 7:30.
MENTIONED IN THIS ARTICLE
Dean Hoages
Episcopal Theological School
Cambridge
Trinity Church
Newton Centre
Frederick N. Shackley
Church of the Ascension
Boston
Catholic Church Notes and Local Religious Meetings
The Catholic Society of St. Vincent de Paul retreat begins Ash Wednesday evening Feb 21 in the Cathedral lower church led by Rev William B Finigan. Guild of St Regis meets Feb 24 at 2 30 pm in the Convent of Our Lady of the Cenacle with Rev William J Devlin S J. Carney Hospital Nurses Alumnae offer services to the government. Common Cause Society meets tomorrow night at Franklin Union Hall with John Barrett of Milton lecturing on The Catholic Family and a debate to follow. Additional meeting Friday in room 2038 with a speaker and audience participation.
MENTIONED IN THIS ARTICLE
Shawmut Congregational Church
Tremont
Brookline
Benjamin S. Poutzner
Claude Allen McKay
Brockton
Shawmut Boys’ Club
Society of St. Vincent de Paul
William B. Finigan
Guild of St. Regis
Carney Hospital Nurses’ Alumnae Association
The
Common Cause Society
Franklin Union Hall
Berkeley
Appleton Streets
John Barrett
Milton
Cotton Markets Market Summary Slips Near Steady Tone
Futures opened easy and closed weak as the market held a barely steady tone. Spot cotton traded at 1088, down .02 with 8000 bales sold, including 7000 bales by American.
MENTIONED IN THIS ARTICLE
Owen
Yale Beats Penn in Swimming Meet 46 7
Yale defeated University of Pennsylvania in a swimming meet at New Haven by a score of 46 to 7.
MENTIONED IN THIS ARTICLE
New Haven
Yale
University of Pennsylvania
U S may review returns in Cuba election crisis
Washington February 7. The State Department considered reviewing the Cuban presidential election returns as a possible solution to the armed revolution developing around the February 20 vote in Oriente province where decisive ballots may be cast. The United States expressed concern over the unfolding crisis as reports from Havana show limited progress by the revolting Liberals.
MENTIONED IN THIS ARTICLE
Washington
Cage
America
Cuba
State Department
United States
Oriente
Cuban rebels seize Santiago port and cities threaten revolt
The text reports Orestes Ferrera and Raimundo Cabrera of the Liberal party signaling support for a review of returns, while rebels hold Santiago and Camaguey with a port closure to non foreign ships. Government forces still largely control the island, and the U S minister notes no immediate danger of government collapse. No intervention planned until Liberals organize a stronger revolt.
MENTIONED IN THIS ARTICLE
Orestes Ferrera
Raimundo Cabrera
New York
Santiago
Camaguey
Daily nautical calendar notes for February month
Almanac style entry lists waterfront tides for February with morning and evening heights, moon phases, and visible planets. Includes day count, season length, and monthly celestial observations.
Fishermen bring fresh ground fish to the Fish Pier
A flotilla of 15 trawlers delivered a plentiful supply of fresh ground fish to the Fish Pier with 100 pounds of scrod per fare. Wholesale prices quoted include haddock and steak cod and pollock, with various cents per pound for large hake and other species. The report also notes arrivals of the Anglian, Eemdyk, Starlite, and the new steamer Mielero, plus Cuban Distilling ships and molasses tankage.
MENTIONED IN THIS ARTICLE
Haddock
Shipping News Arrives with List of Steamers and Tows
A notice details arrival and movement of numerous steamers and tugboats including Anglian Hughan City of Atlanta Garfield North Star Mitchell St John N B IndIan Nickerson Calvin Austin Strout City of Gloucester Linne kin Gloucester tug Charles P Greenough Nalty H F Dimock Crowell Sardinian Glasgow Bar tigern Tansan Maru Manchester Walter D Noyes Middlesex James S Whitney Rayo Grecian Dormitory Dorchester and towing barges S T Co os 6 124 and Maryland to Newport News Norfolk and other ports.
MENTIONED IN THIS ARTICLE
Anglian
Hughan
London
Eemdijk
DeVries
Rotterdam
Sandy Hook
City of Atlanta
Garfield
Savannah
North Star
Mitchell
St. John
N. B
Eastport
Portland
Tuscan
Rogers
Baltimore
Newport News
Norfolk
H. F. Dimock
Crowell
New York
Indian
Nickerson
Philadelphia
Calvin Austin
Strout
City of
Sardinian
Glasgow
Bartigern
Manchester
Walter D. Noyes
Middlesex
James S. Whitney
Rayo
Grecian
Dorchester
Standard
S. T. Co. Os
Mercury
Riverside
Benefactor
de. Gypsand King
Maryland
Conry Attacks German Policy as Wicked and Malicious
Joseph A. Conry the Russian consul at Boston told the Metropolitan Motor Association at the Boston Art Club that the United States is virtually at war with Germany and that German policy is wicked wanton and malicious in tone and content.
MENTIONED IN THIS ARTICLE
Joseph A. Conry
Boston
Metropolitan Motor Association
Boston Art Club
United States
Germany
Also Mentioned on This Page
Webster
ATLAS
Washington Street
Sears
Mackay
Williams
Gaston, Williams & Wigmore
Lombard
Genoa
Mediterranean
Globe Line
Russia
American Voting Machine
Temple H. Fay & CO
Boston Curb Exchange
State St
A. F. Dow & CO
New York Market
NH & H
Oo & W
Nor & Western
Ohio
Owens Bottle
Peoples Gas
Ase
Pitts
Pac T & Tel
Iron & Ae
St L&s F
So Pacific
So Railway
Stutz Motor
Tenn
C & C Wi
Texas Coin Paper
Texas Pac
Third Ave
UN B & P
U S Ind Alco
Utah
Westinghouse
Willys
Boston Stocks
Ahmeek Eset
Allouez
Anaconda State
Arizona
At & W
Poston Flev
Bes & Maine
Butte-Ballak
Cal
Davis Daly
Greene-Can
Hancock
Helvetia
Maine Central
Michigan
BT & T
New Idria
Nipissing
North Butte
Nor RR N_H
Old Colony RR
Old Dominion
Osceola Osseee RG
Pond Creek
Thee
Punta Alegre
Guiney Mining
Reeve
BK Hole
Santa Ferene
Seneca Copper
St Mary's
Shannon Ce
South Lake
Superior
Sup & Boston
Swift & Co
Tamarack
Tuolumne
United Shoe
USS Steel
Utah Metal
West End
Winona
Web
Bohemia
Boston & Mont
Butte & Londie
Crown Reserve No
Farl-Eagle
First National
Fortuna
Ray Hercules
Sinclair N Sigs
Money Markets
Butte C & Z
Lima Loco aSds Ns
Rock Island
IVO Wright-Martin
Indiana
Cosden O & G
Merritt Oil
Midwest
Sinclair Oi Mig Deorg
Kbs Eee
Minneapolis
Duluth
St. Louis
Kansas City
Detroit
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Sl&sf
Cleve & Tolls
Lue
Ecahon
Kane Das
Irs
Stock Exchange
Ches & O
hogl-Fech
C &Q
Pwr
City of Paris
Dom of
Canada
Aersee
Samo Bhai
Mil & St P
Deanne
Seer
Chisago Hive
Orica
Britain
Ahetiae
Chicago Union S
Nor & W Con
Eas
Norf & W
Gt Brs
Chili Copper
Coal & Ne
North Pass
Abe Lake
Pacific
Twneae
Nor States
Pacific T & T
Pere Marq
Edison
Nyc
Alaska Gold
Wal Hisan Distillers
Alb & Susq
Allegheny Val
Mis & Nor
Coe
Erie
Setae
Erie Gallien
Am T & T Col
Renee
Pees Judson & Man Sl& SF
Eam
Dudson & Man Rg
St i Transit
So Pacific Cvt
Ill Steel Delicate
Indiana Steel
Aescath
At&sf
Texas Cosie - Atl
Balt & O
Bat & O
Union Pac
Belt & O A Ik
Sees
Deere
Bale & O
Pitts Beer
S Fa
Hon City Ter
Beth Steel Et
Beth Steel A
S Steel
Bula Rts
Lake S Gnl
Veose
Lake S
Pow & L
Liggett & M
Cal Gas & Bs
Wwest
Shore
P&ss
Wisconsin
John Hancock Life Issues Annual Report
Bod Oasis
Dr. Thomas
Rabbit
Maranville
Chipman Hall
Tremont Temple
Catholic Church Notes
New Orleans
Liverpool
PENN
U. S
Waterfront
Venus
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de Vries
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Cuban Distilling Company of
Carrier
Cubadist
Mary
Santos
BE. de Costa
Natalie Nelson
Vertrude de Costa
Genesta
FE. Grueby
Ralph Brown
Mary Sears Seewee
Mary de Costa
Athens
Eleanora Silveira
Shipping News