Market totals and leaders in New York and Boston
Yesterday's market totals show New York sales 491 064 shares and Boston 26574. U S Steel led New York with 30200 and Am Zinc led Boston with 4885. From Jan 1 1916 to date New York total 88578729 shares and Boston 6472309. Compared to last year New York 63959600 and Boston 6545496. Notable gains include Beth Steel 10 to 450 and General Motors 10 to 510 in New York. May Dept Stores fell 3 percent to 60 in New York. In Boston Am Sugar pref rose 1 to 118 while Granby fell 2 to 85.
MENTIONED IN THIS ARTICLE
New York
Boston
U.S. Steel
Beth. Steel
General Motors
May Dept
Am. Sugar
Granby
Acme Tea Co
Ajax Rubber Co
Alaska
Alaska Juneau
Allis-Ch
Alis-C
Tide & L. i
Hide & L
Lee
Smelt & R
Steel
Tel & Tel
Atch To& SF Pf
Coast Line
Baldwin Love
Ohio
Batopilas
Beth Steel
Butte & Super’r
Cal Pet Corp
Can Pacific
Chandler Motor
Ches & Ohio
Chi&gw
Ch & GW
Chi M&sp
Chi & NW
Chi RI & Paic
Chili Cop Co
China Copper
CCC & SL
Cluett Peabhy
Col
Cu Am Su Co
Denver & Rio G
Denv & Rio G
Oe Freece Az A
Ne Bal
Erie
Fed M&s
Goodrich BF
Inapir'n Cop Co
Interbero
Interboro Con
Jewel Tea Co
Kayser J & Co
Kelly-Sp Tire
Kennecott
Lack Steel
Lake Erie
New York Market Sees War Stocks Lead Downward Turn
Special war group stocks slipped again with 2 to 4 point declines in munition issues. Bethlehem Steel rose 15 to 455 on strong volume while metal stocks fell on abroad demand drop. Petroleum gained, California fields active, crop report hints at improvement, total 490000 shares traded, call money at 4 1 2 percent amid projected $50 million weekly drain.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
United Fruit
Mercantile Marine
United States Industrial Alcohol, Texas Company
Federal Mining
California
Reading
Union Pacific
St. Paul
Canadian Pacific
Baldwin Locomotive
Crucible Steel
American
Aetna Explosives
Anconda
McAdoo
Zinc Slide Shakes Copper Market and Stocks Rally
The Boston market reports zinc prices dropping below nine cents a pound, signaling potential impact on copper as demand wanes. Copper trades around 26 cents, with producers slow to lower prices. East Butte and Utah Copper post record or near record output in June and July, while Old Dominion also hits a high output. Eastern Steamship faces weather-driven losses. United Shoe gains on strong earnings prospects.
MENTIONED IN THIS ARTICLE
Boston
East Butte
Utah Copper
Old Dominion
Eastern Steamship Company
United Shoe
Bond Market Notes and Trading Figures Across Us Bonds
The report lists varied bonds including CrI and NY Central issues with prices and yields, totals of $3,417,000 in sales versus $3,324,000 yesterday and $2,414,000 a year ago, and January 1 to date sales of $554,097,000 against $387,876,090 in 1914. It mentions numerous issues from railroads and utilities with rates such as 4s 5s and 3s, and notes volumes for different series and issuers.
MENTIONED IN THIS ARTICLE
Cri&p
Nort Pacifi Ee
Jacol & So
Tata
Col Industria Prs Aoe
Rheara Dey
ES Regee Edis Lesen
St P & Dis
Phas
Pons Ieee
Distillers
Ry Steel Sp-Inter
N . State
Nyc
L&s
Avaaay
Armour & Co Real
An& AP
Adc
Balt & O
O-Pitts
So Pacific
Beth
Pacific
St Louis Ae
Nick Det Do
Iee
Hie
Cal Gas & Ae
Eee
Leh
Val
Gas & EB
Canada
Isk Balite Ee
Desstis
Bas Bea
BR Tenn Copper
Pearse
Texas & Oise
Ches & O
Texas & P
Union Pac Fee
CIA
CIA 867) Pies Pet
C & Alton
Union Pac Ist
Rettaals Tose de Cee & Q-Den
AEA
Deen
Cc B & Q
Mil&St Pentel Mo
Ts C
Mil & St
Es Realty & i
Mil &St
Miles
Puget
Cc R
I&p
Os Electric
Westinghouse
Money market rates and loan quotations
Current quotations show call loans at 4 percent for both brokers and outside brokers. Commercial loans range from 4.5 to 6 percent, collateral loans from 4.5 to 6 percent, commercial paper 4 to 4.9 percent, and year money at 4.5 percent. Bar silver in New York and Mexican dollars are also noted.
MENTIONED IN THIS ARTICLE
New York
Ome
Boatia
Financial News Notes From The Era Of Market Concerns
Old Colony Trust deposits exceeded 126 million with assets over 140 million as of June 30. Pittsburg reports deny Westinghouse Air Brake dismantling its munition plant. Youngstown iron and steel firms fear possible iron ore shortage next spring. Rock Island May cash on hand 1.877 million with May receipts 7.986 million and disbursements 6.993 million, May 31 balance 2.871 million, net income 1.636 million. July delivery prime Western spelter priced at 8 1/2 cents per pound. New York perkers yesterday told.
MENTIONED IN THIS ARTICLE
Old Colony Trust Company
Rock Island
Crop Report Shows Improvement In Wheat And Crops
The government crop report shows improvement in winter and spring wheat with July 1 figures at 75.7 and 89 for winter and spring wheat respectively, indicating 489 million and 270 million bushels. Total wheat around 759 million, below last year’s record but above many prior years. Corn prospects are 2.866 billion bushels, above last year’s indications, while stock markets react to war stock adjustments and coin currency flows.
American Sugar Reports Record Half-Year Earnings
American Sugar shows six months ended June 30 as the strongest half year in recent memory. Earnings covered preferred dividends with surplus equal to a full year of common dividends. If the year breaks even, common dividend requirements will be met for the first time in four years, though a volatile war market may offset gains in the second half.
MENTIONED IN THIS ARTICLE
American Sugar Company
Financial notes show gains across 1915 sectors
Graphed Chicago bankers offered 412 percent for 500000 dollars for six months. Underwood Typewriter earnings for four months amounted to 822195. Interborough Rapid Transit carried 683742305 passengers in the year, up 36,54089 over last year. Old Dominion copper output in June reached 3800000 pounds. Bethlehem Steel settled to buy Pennsylvania Steel. Saxon Motor earned 21 per share for the year. East Butte June production set a new high at 1689500.
MENTIONED IN THIS ARTICLE
Willys-Overland
Interborough Rapid Transit
Roosevelt Endorses National Guard Relief Effort
New York July 7 Mrs Cornelius Vanderbilt chairs the executive committee of the active service auxiliary of the National Guard of New York which aids the dependents of guardsmen. Colonel Theodore Roosevelt sends a letter endorsing the relief plan noting wives of officers already organize to help families and urging systematic support so servicemen can focus on duty.
MENTIONED IN THIS ARTICLE
New York
Cornelius Vanderbilt
Active Service Auxiliary
National Guard of
Theodore Roosevelt
Democratic support for universal training and service urged
The piece argues that universal training is practical and democratic, separating relief from charity. It says national folly in lacking universal service makes patriotic actions costly for devoted citizens, and urges aiding organizations that ease the burden on families of servicemen.
Peace conference delegates sail home to consult Ford
The Rev Dr Charles F Aked of San Francisco and Miss Emily Balch of Wellesley College return from Stockholm aboard the Frederik VIII to brief Henry Ford on further mediation work. They outlined possible plans including merging the conference with US peace forces and scheduling peace demonstrations on the war’s second anniversary.
MENTIONED IN THIS ARTICLE
United States
Miss Balch
Stockholm
Tull
Ford
Salvation Army
Friction in German Cities Over Food Supplies
The Hague reports ongoing friction between large German city authorities and the Central Purchasing Bureau over municipal rights to buy food and household articles without bureau approval. Last week Hanover City Council members accused the central bureau of boycotting the city as butter sausage and hams were scarce locally despite nearby areas being supplied.
MENTIONED IN THIS ARTICLE
The
Hague
London
Central Purchasing Bureau
Central Bureau
Hanover
Progressives Decry Plan to Deliver Party to Hughes
Matthew Hale of Boston, acting Progressive national committee chairman, condemns a small group for allegedly steering the Progressive organization toward the Republican candidate. He calls the action an insult to Progressive sincerity as delegates hear reports on the committee’s Hughes endorsement. Hale has visited both Republican and Democratic centers in recent days.
MENTIONED IN THIS ARTICLE
New York
Progressive Party
Matthew Hale
Boston
Progressive National Committee
Progressive National Convention
Progressive Committee
Hughes
Hale
Republican
Democratic
John M. Parker
National Committee
George W. Perkins
Alabama
Michigan
New Jersey
Tennessee
Virginia
Minnesota
Louisiana
Maryland
Indiana
Endorsement of Republican Candidate Sparked Progressive Rift
Hale reports that between June 10 and June 26 the Progressive national committee endorsed the Republican candidate without state consultation. He notes opposition in several states, quotes Roosevelt, and argues the move violated the 1912 platform’s call for rank and file consultation and principled action.
Gompers Praises Teacher Unions and Warns of Foundations
Samuel Gompers, president of the American Federation of Labor, lauded teachers who have formed unions in an New York address to the National Education Association. He said organized labor offers teachers freedom and warned against philanthropic foundations seeking to influence education.
MENTIONED IN THIS ARTICLE
New York
Samuel Gompers
American Federation of Labor
National Education Association
Organized Labor
Gompers Urges Labor Backing Public School Instruction
Samuel Gompers argues wage earners have a vital stake in quality public schooling and vocational training. He says organized labor has pressed for industrial education and fought efforts to misuse such training for worker exploitation, defending teachers' professional standing.
MENTIONED IN THIS ARTICLE
Labor Movement
Army Seeks Blacksmith for Ambulance Company
Recruiters at Commonwealth Armory report Captain O A Dudley seeks a blacksmith for Ambulance Company No 2 to shoe horses and support the unit under formation. Despite 60 of 7 required men recruited, none are blacksmiths. three more applications arrived yesterday and officers expect to fill the quota soon. Recruiting remains brisk at other armories with 17 new applications at the east armory and 11 approved for the Fighting Ninth.
MENTIONED IN THIS ARTICLE
O. A. Dudley
Commonwealth Armory
Dudley
East Armory
Fighting Ninth
Governor Visits Camp Whitney as Provisional Regiments Prepare to Depart
Governor McCall visited Camp Whitney Framingham with Adjutant General Cole Major Kingsley Burnham and Assistant Executive Secretary Long. He inspected kitchens reviewed the First Provisional Regiment and praised the Bay State soldiers ready to go forward.
MENTIONED IN THIS ARTICLE
First Provisional Regiment
Bay State
New York Firm Buys New Bedford Woolen Mill
The Oneko woolen mill of New York City was sold today to the Klots Throwing Company of New York. The plant will be converted to silk manufacturing in New Bedford.
MENTIONED IN THIS ARTICLE
New Bedford
Oneko
Klots-Throwing Company of
New York
Also Mentioned on This Page
Baldwin Crucible and
New York Market
Lake Erie & W Pf
Lee Rub & Ze
Lehigh V.sey Roi
Long Island
I Lorillard Co
Louis & Nash
Mackay
Oo Oe
Maxwell Motor
Maxwell Mot
Max Mo
May Dept Gist
Mex
Pet Co
Aed Miami Copper
Oye Kan
Mo Pacific
Thy
Missou Pac
Mont Power Go
En & Bt
Nevada
NYC Air Brak
Pitts Coal le
ORL
Pitts Coal Pf
Pitts Steel
Press Steel
Ry St Spring
S RL
St Louis S F
Texas Co
Tex Co F Pd
Third Ave Boys
Union
Union Pac
U Cig Mfg
US Steel
U S Steel
Utah
Pga
West Warwaad
West Union
Wil C Nla
Wil-Overland Pf
Cass
Woolworth
Royal Gold Mines
Edmond A. Fordyce & Co. Investments
Congress Street
Boston Stocks
T&t
AT & Tev
Atl Gulf
CB & Q
Swift & Co
Western Tel
Toeepeas
Allouez Chem
Am Ag
Gulf Pf
Cal & Heels
Bos Elevated Eee
Bos & Lowell
Bes & Maine
Bes & Mains Pf
Butte & Sup
Cal & Arizona
Serwee
Bod Nesens
Edison Ec
Fitchbur
General A Fies
Granby Vice Resee Ae
Greene Can
Elec Ee
Hedley
Atone
Inspiration
Tot Buttle
Isle Royale
One
Lake Cottenee A
Pa Valle Seewe
Cereeeee
Rae Eleo Pf
Massawappi Val
Mayflower
Mergenthaler
Miami
Mohawk
New Arcadian
New Idria
Derk
Utah Apex
Utah Consol
Utah Met
Ventura
Victoria
West End
West End Pf
Western Union
Winona
Wolverine
Aetna Exp
Bay State Gas
Bolivarese
Boston & Ariz
Boston Corbin Sores
Boston Ely Ices
Boston & Mont
Butte & Son Peeeees
Jerome Bis
Majestic
BONDS
Butte C & Z
Oo Nipissing M
UN Verde
Aetna
Ailg& WL
Chevrolet
Driggs-Seab
Gaston
Midvale Steel
St Joseph Ld
Let & Ht
United
Eureka P Line
Cosden
Money Markets
Federal Reserve Bank
Nod Agricultural Pa Paper
Anna E
Ana Beesererete Aeeeserre
Tee
Ewes
Treasury
New Y York
Balai Neces
Esate
Serereetseres
BOS
Nls
Minn Duluth
J. Louis
Toledo
High Low
Weetecenes
Mare Bot
Liverpool
Previen High Low
Parka
Financial News Notes
Pittsburg
Westinghouse Air Brake Company
Youngstown
Prime Western Spelter
Perkers
du Pont Powder
du Pont Gun Club
Columbus
du Pont Club
Chicago
Underwood
Apex
Bethlehem Steel Company
Pennsylvania Steel Company
Arizona
Willys Overland
Saxon Motor Corporation
Roosevelt
Dr. Aked
Blasts
Republican Party
Republican National Committee
Gompers
LABOR
Regiment
Hitchens
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