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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 18, 1916
Page
16
The notice states figures are taken from sources believed accurate but without guarantee. It is dated as of March 1, 1936, and serves as a disclosure about the reliability of the presented statements.
Markets remain dull with irregular moves as Butte, Superior and American Zinc push to new high records. Lead stocks stay strong and active while Air Brake Baldwin Locomotive and Texas Oil weaken, trading in New York.
Total sales by a split across New York and Boston shows New York at 468 156 shares and Boston at 46 410 shares. Butte & Superior leads gains in both cities, while Adams Express and Boston & Maine prefer lose ground. January 1 1916 to date totals favor New York strongly year over year with 24 444 905 shares vs Boston 1 824 012.
The New York market showed lighter trading and generally lower prices as Lusitania rumors and Mexican instability weighed on sentiment. Gains in Canadian Pacific and a few munition stocks were offset by weakness in petroleum, copper, sugar, United Fruit, and other issues, with total volume around 467 000 shares and par value bonds at 3 930 000.
Boston market reports a sharp zinc rally with Butte & Superior up 41½ points and American Zinc up 2 as contracts for 1917 supply boost prices. Analysts note provisional delivery terms tied to war duration and warn earnings could support high dividends if war extends. United States Smelting seeks to list its preferred and common stocks in New York.
The article notes stock boards in New York and Boston showing duplicated prices as the market sets quotes. It reports Adventure Consolidated will call a $1 assessment, aiming to prove up ore on their claim between South Lake and Mass Consolidated properties. If payable ore is found, Adventure could develop a real mine with its strong equipment.
The Boston Stock Exchange reports high and low prices and latest closes for securities. Comparisons are given against the previous close to show market direction for the day.
Bonds issued for cities Worcester Massachusetts Norwich Connecticut Detroit Michigan Cleveland Ohio and Omaha Nebraska are listed. The brief item notes multiple municipal bond agencies and dates. It references several regions and financial actions without detailing terms or outcomes.
G M B spot copper rose to 106 10s and futures to 103 10s while electrolytic held at 136 10s. Spot tin fell to 181 with futures at 151 and Straits at 185. Lead eased to 82 with futures at 82 6s. Spelter rose to 102 spot and 94 futures. Copper and tin sales volumes listed.
A dense inventory of preferred and common shares from Merrimac Chemical to Nashawena Mills, with quantities and select bonds. Lists include major mills, electric power firms, hardware, and chemical companies. Bankers and brokers referenced with addresses in Boston and New York.
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