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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 14, 1916

Page

16

Fidelity & Trust Company directors swear to truth of statement

Suffolk ss. Then personally appeared Frank F. McLeod treasurer and James Ferguson president and Joseph J. Wall John W. White Edward M. Hamlin Frank F.E. Wright directors of the Fidelity and Trust Company and made oath that the foregoing statement by them subscribed is true to the best of their knowledge and belief before me Charles B. Strout Notary Public.

Suffolk, Ss Frank F. McLeod James (. Ferguson Joseph J. Wall John W. White Edward M. Hamlin Frank FE. Wright Fidelity &Trust Company Charles B. Strout

Market Slump Continues With Motor Stocks Fall

Market records another decline as Willys Overland drops eight points while Maxwell Motors weakens. Crucible and Baldwin Locomotive lines sold heavily. Industrial Alcohol shows slight recovery amid overall weakness in copper as a feature of the day.

Willys-Overland Maxwell Motors Crucible Baldwin

Market activity yesterday in New York and Boston

Total sales in New York 676 405 shares and Boston 22 761. U S Steel was the most active issue in New York with 81 900 shares and Atlantic Gulf in Boston with 4 630. January 1 to date totals: New York 91 098 202 shares and Boston 6 593 118. Compared with last year New York 66 142 600 and Boston 6 728 569. Notable gains and losses: U S Industrial Alcohol up 2 to 103 in New York. Bethlehem Steel down 81 2 to 43 1 2. In Boston Nipe Bay up 1 to 151 and Pullman up 1 to 162. General Electric down 2 3 8 to 165.

New York Boston U. S. Steel Atlantic Gulf U. S. Ind Bethlehem Steel Nipe Bay Pullman General Electric Acme Tea Co Acme Alaska Alaska Juneau At&s Atl Gulf & Co Atl Gulf & WI Pf Baldwin Loco Eta Cal Pet Corp Chandler CRI& P Ry A China Co Ccck& As Col Fuel & Iron del & Hudson Deny & Bio G Adue Erie Fed Moe Pf Freee Ll Goodrich B F Co Nor Pf Aes Nor Bot Gulf State Illinois Central Inspir'n Co Interboro Agr Corp

Tumbling New York market driven by short selling and auto stocks

Broad selling across equities depresses many favorites to year’s lows with motor shares hardest hit. Short interest expands into new fields while late session short covering trims losses. Bank of England raises rate to 6 percent as gold reserves fall and bond selling remains heavy.

New York Motor Group General Motors United States Crucible Steel New York Air Brake American Baldwin Westinghouse Continental Bethlehem Steel United States Steel Rails Reading Canadian Pacific St. Paul Great Northern Norfolk & Western Bank of England Canada

Market Treads Water As Zinc Firms In Boston Trading

The Boston market shows weakness with Atlantic Gulf and several miners dipping while zinc shares like American Zinc gain nearly a point. Butte & Superior stays at 63 as traders shift focus among groups. Domestic galvanizing buyers emerge as zinc prices fall to around 8 cents, though copper demand remains muted. Peace prospects loom uncertain.

Boston New York Atlantic Gulf Isle Royale Osceola Fruit United States Butte & Superior

Boston Stocks: Bond Prices and Market Moves

Boston July 13 reports show bond prices with the highest and lowest quotes of the day and the latest sale figures. The page lists fast price changes and compares them to prior sales to gauge market momentum.

Boston

Market Rates and Currencies Reported Amid July Trading

July market notes show call loans at 5 percent for brokers and 5 percent outside. Customer loans ranged from 4 1/2 to 6 percent with collateral loans at 4 1/2 to 6 percent. Commercial paper yielded 4 1/4 to 4 1/2 percent. year money 4 1/4 to 4 3/4 percent. Reichsmark weakness noted. noon rates for sterling and other currencies listed.

New York

Breen Linked to Boston and Montana Mining Board

Rumor ties George F. Breen to a seat on the Boston and Montana Mining Company directorate. He is identified with James Phillips Jr and the Lewaeha Brothers in the circulations surrounding the possible appointment.

George F. Breen Boston & Montana Mining Company Mr. Breen James Phillips, Jr Lew

Kenosha Plant Sold in $10 Million Auto Deal

The Thomas B. Jeffery Company plant in Kenosha Wisconsin was sold to Lee Higginson & Co Boston bankers and Charles W Nash of Flint Michigan. Nash said he will retire from General Motors August 1 and take personal control of the Kenosha plant.

Kenosha Wis Thomas B. Jeffery Company Lee, Higginson & Co Boston Charles W. Nash Flint, Mich General Motors Company Nash Jeffery Charles T. Jeffery Harold W. Jeffery Thomas M. Kearney Durant

Copper and metals market prices ease mixed in New York trade

Copper producers hold firm bids for 1916 deliveries while early 1917 asks ease. Second hands show varied prices across July to December sheets and electrolytic and casting copper. Spelter and lead quotes little changed as Joplin zinc ore trades weaken and London markets edge higher.

New York East St. Louis Joplin American Smelting and Refining Company F. C. B. New York Spot Straits O. B Boston Northern Virginia Southern London

Dividends Declared by Major U S Industrial Companies

A roundup of recent cash distributions includes American Zinc lead smelting company declaring 1.50 per share on preferred stock payable Aug 1 to record July 24. Electric Bond & Share pays 1.12 per cent on preferred and 2 per cent on common, with dates in July and August.

Fidelity Trust Company OF Boston Eereees Aseer Esteer U. S. and Mass Savings Department Sierra Pacific Electric Company Stone & Webster American Zinc, Lead Bond Smelting Company Fabwell American Zinc, Lead & Smelting Company Chief Consolidated Mining Company Electric Bond & Share Company Holly Sugar Corporation Laurel Oil1 and Gas Company Montreal Tramways Company New England Trust Company Penn Traffic Company Union Oil Company of California United Petroleum Company

Cambridge Men Enlisted in Eighth Regiment

Eighth Regiment M V M recruited eight Cambridge young men at the Cambridge armory yesterday. The names listed include Joseph D. Polasco East Saugus Charles W. Raye Lynn Carl Skatt Cambridge Charles Trechtman Boston Chas Lockwood Charlestown N H and Stanley C. Porter Mattapan. They were sent to Camp Whitney.

Eighth Regiment Cambridge Armory Joseph D. Polasco East Saugus Chas. W. Raye Lynn Carl Skatt Marcella Street Cambridge Charles Trechtman Boston Chas. Lockwood Charlestown N. H Stanley C. Porter Mattapan Camp Whitney

Bond Market Wide Movements Mark July Trading Activity

The New York bond desk shows Anglo-French 5s and Southern Pacific convertibles softening while New York readjustment 5s stay firm. Mercantile Marine 444s and United States Steel 5s hold steady with Keokuk Movnes 5s advancing. Government bond quotes and stock exchange transactions accompany market totals and recent cash flows.

Southern Pacific New York Mercantile Marine United States Steel Keokuk Movnes United States Stock Exchange Crete Reys von. Ae Wee Rae Rene Chicago Union S Garg Bei Sa Bas Sat NYW & Bas Cogéarle Bs Cairo Oe i & Wext Scot Et Dee Noth Pacific Aystem Chicago Erie Gallien Republic I SRG Osea Tae Car &Nor Rai Allegheny Feo P & Kan City PM & M Balt & O Pl Balt & Gepinte Keokok & DM ORL Balt & O Swn Bay Ek Sobs So Pacific Cvt Beth Steel Rfe Bs Totas Bklyn U Eley Ia So Pacific Canada South Clinch & O L & N-At Knoxv Sfrwstsons Texas Co Cher Stee Ck Hiija Siglo Union Pac Ist Union Pac Cvt Union Pac Rig St P Mil & St P Mil &St Pdeb Mil & S&p Wabash Wab-P Cuba V&éGa Ene Erie-Penn St Liritas Sl& Mae Armour & Co Real Pet AT &S Ee Cal Gas & Elec Cen Pacificate Ches & O Puget Sd T&pd H Werthaba

Copper Tax Omission Suggests New Revenue Source

Senator Weeks reports Washington committee not decided on copper taxation but likely to strike out the provision. Inspiration's June production hits 10,500,000 in a new high. Interstate Commerce data show 173 railroads with May operating revenues of 299,521,264 and net revenue 103,117,999, up from 1915. Northwest crop advices note spring wheat heading out and generally good conditions.

John W. Weeks Washington Interstate Commerce Commission Northwest

Third New York Leaves For Border Camp

The Third Regiment Infantry under Colonel Edgar J. Jennings, about 1700 men, entrained this morning at Whitman Green Haven N Y for Pharr Texas as border defense duty begins.

NEW York Whitman Green Haven N. Y Regiment Infantry Edgar J. Jennings Pharr Tex

Loan Contraction Breaks Market Amid Unseasoned Sales

The market shows steady liquidation of unseasoned specialties with varied stock groups selling as others take over. Tightening money rates raise margins demands, triggering forced selling and a shift away from war stocks as foreign trade records for 1916 hit a high, with imports surpassing two billion dollars and exports reaching a new peak.

Also Mentioned on This Page

Crystal Copper Ely Montana American Oil Homa Zinc Nixon-Nevada Rilla John E. Allen & CO. Stock Brokers Devonshire Street Cities Service Williams,Jroth& Coleman Wall ST Columbus & Phila W.L. Fleming Anager New York Stock Exchange William H. Wallace, I Jr Nder Tme John Jerome Kelly Haseen Ole Rey Kennicott Copper Company American Zinc, Lead and Smelting Co New York Market Maxwell Motor Mo Pacific Na Clk & Suit En & Sn Nevada C Co My Ae Na Air Brake Y Cen NYNHE Nor & Wes Nor Pacifi Penn Philadel C Pitts Coal St Louis SF Seaboard Air L Sears-Roebuck Studebaker Enn Copper Texas Pacific the Texas Co Third Ave Twin City R UN Bay Jn Bay Union Paci Union Pace Tui UN Cig United Fruit U S Wabash Wi Wear Aryland West Union Wil-Overland Wil-Overla Pf Peeeee Woolworth Wil Central Eyeene Worth P& MC Wor P& M Pf A Boston Stocks Gulf Pond Creek Swift & Co UN Fr West T & T Atl Gulf Bos & Maine Bos O&m cl Butte Be Iak Butte & Sun Cal & Sa Cal & Hecla Daly West East Butte Edison Elec Fitchburg Pf Ranklin Georgia Elec Ranby Greene Can Sncock Inspiration Billy Tsle Royale la Salle Sho Central Mayflower Mergenthaler Miami Cop Ohawk New Arcadian New Ee Ae Teeee Wny&n Nipe Bay Wise Ens Ve North Butte Northern RR Noy Scot Steel Old Col Min US Steel Utah Apex Utah Consol Utah Cop Co Utah Met Ventura Oil Vt & Mass West End West End Pf Western Union Wolverine Atlanta Bay State Gas Begole Bingham Mite Ing Boston & Ariz Boston Corbin Boston Ely Boston & Mont Butte & London Cal & Corbin Can Copper Columbus Davie-Daly Earl Eagle First National Fortuna Majestic Oneco Iniyene Onondaga Palisade Shamrock Stewart Truro Steel Verde Total Sa Es Ariz Bingham M Butte Cop & BL Fl Goldfield Magia Co Chevrolet Driggs Sea Gaston W Midvale Steel St Jps Uslt&h United Motor Illinois Cosden & Co Cosden Sapulpa Gil Money Markets Reichsmarks Federal Reserve Bank Rev Open. High. Close. Close. Kifulees Vcest State Tor Meeseeeene Seeerenes Waded Eet New Orleans Willys Cae Grt Liverpool Prey Financial News Notes Emerson Motors Emerson Motors Company, Inc Robert P. Matches & Co., Inc C. R. Berry & Co., Inc Newport Bldg Europe Iron Trade Review Russia England Minn Duluth St. Louis Toledo
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