Investment Situation Editor's Note on a Recovery in Securities Prices
The column argues confidence has risen in the investment market due to government railroads control and the War Finance Corporation plan. It explains how railroads under government control stabilize securities and how the proposed war financing plan could unlock credit, reduce strain on money markets, and support corporate financing during the war.
MENTIONED IN THIS ARTICLE
Wall Street
War Finance Corporation
Congress
Baltimore & Ohio
Union Pacific
Federal Reserve System
Secretary of the Treasury
Federal Reserve Banks
Lamont
J. P. Morgan & Co
United States
Edward H. Holden
Great Britain
Treasury
Stock Prices Hold Strong on Highs Rally
A majority of issues gain with notable strength in General Electric and Air Brake, while the market reaction tests highs. Local list highlights bulk advances amid firm demand and supportive volumes.
MENTIONED IN THIS ARTICLE
Crucible
General Electric
Air Brake
Market Points from Yesterday in New York and Boston
Yesterday's market totals show New York sales at 966 400 shares and Boston at 16775. The most active New York issue was Steel with 161300 shares while Pond Creek led Boston with 1528 shares. The year to date totals include New York 22145200 and Boston 460105. year-ago figures were 30429500 for New York and 1579852 for Boston. Notable changes include Virginia Carolina Chemical rising to 66 from 6 and Am Express dropping to 75 from five, while Boston & Maine pref moves to 35 from 8 and New River pref slips to 77 from 3.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Pond Creek
Virginia Carolina Chemical
Am. Express
Boston & Maine Pref
New River Pref
Atlg & WI
Miss Power
West T & T
Alaska
T& T
Mle
Arizona
AUG & Will
Booth Ipa
Boston & Alb
Boston & Me
Butte & Sup
Cal & Arizona
Cal & Hecla
Centennial
Daly-West Ee
Davis Daly
East Bus Land
East Butte
Edison Elect
Fitchburg Pf
Gen Electric Ese
Isle Royale
Kerr Lake Heeeener
Pacific Mills Een
Punta Alegre -Enee
Incy Mining
Utland of Seeeeer
Fee Fe Enveeerne
St Mary's M Ld
Ve & Pet
Swift & Co
New York Stock Market Surges With Broad Gains
Active trading pushes many stocks upward with widespread advances across sectors. United States Steel and industrials lead, rails mixed, motor shares rise late, and Atchison December return shows a strong offset to selling pressure. Bonds firm as Liberty bonds trend higher.
MENTIONED IN THIS ARTICLE
New York
Washington
United States Steel and Associated
United States Steel
Studebaker
Chandler
General Motors
Atchison
United Kingdoms
United States
New York Stocks Prices and Net Changes Report
New York stock quotations for today show the high, low and closing values across active issues. Net changes from the previous close are noted, reflecting market movements in response to trading.
MENTIONED IN THIS ARTICLE
New York
Boston Market Sees Broad Gains In Industrial and Copper Lists
New high prices shown across industries and copper shares with trading near a million shares. Steel common failed to break a high but industrial averages reached new peaks as investors hold for postwar profits. Copper leaders Anaconda hit a yearly high while Atlantic Gulf and United Fruit paused, and Boston and Maine surged to 28 from 2 1 2 amid policy uncertainty on railroad financing. United States Smelting led metals, with Island Creek edging higher.
MENTIONED IN THIS ARTICLE
Commission House
New York
Anaconda
Atlantic Gulf
United Fruit
Boston & Maine
New Haven
United States
Island Creek
Market Quotes Boston February 19 Close
Boston stocks report high and low prices for the day with closing quotations and net changes from the previous session. The bulletin lists price ranges and percent shifts affecting leading issues traded in the market.
National City Buys Massachusetts Notes in Tax Anticipation Issue
The National City Company announces purchase of 3 million dollars of Massachusetts registered notes dated February 26 1918 due October 25 1918. Notes carry 4.77 percent interest with interest to follow and are offered by National City on a 4.55 percent basis.
MENTIONED IN THIS ARTICLE
National City Company
State of Massachusetts
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Kidder, Peabody & CO
Devonshire Street
Travellers Letters of Credit
The
Canada
Central America
Panama, West Indies
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Massachusetts
E. I
Ripley, Pres
Hingham
Mass
G. P. Gardner, Jr
Shawmut Steamship Co
Chas. B. Barnes
Webster & Atlas Natl. Bank
Albert Stone
Shawmut Bank
C. A. Vialle
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Teres
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Nor Ore
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Pullman Co
Ety
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Ation
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U S
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Seeneer
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Eee
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Enne
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Best
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Pet
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Wayland
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Arizona Sue
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Consolidated
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ene eeseere a/ Hecla ee
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Seeeeee
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Star Char Teen E Teres Bocce Erewecersres
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White Caps
Arsh
McKinley-Darragh
WRBR
BON Hs Csnks Diewicee Ta Mines of America Een
Monster Chief
Mother Lode Ener
New Cornelia Eee
Nat Leasing Eee
Ewe
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Nixon
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North Star
Ohio Copper
Porcupine Crown
Ray Ercules
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Ewe Ee
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Tuol Ten Ete Eee Eee
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Een
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Temple H. Fay & CO. Stock Exchange Bldg
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State St
Federated
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Denver Merchants’ Company
Sapulpa
Okla
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Central Savings Bank Bldg
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Interstate Bldg
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Clark & Curtiss
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