Market Wrap Shows Shifts Across New York and Boston
Yesterday's totals report New York selling 322000 shares and Boston 15977 shares with U S Steel and New Haven as top active issues. Year to date compares to prior year show declines in New York and Boston while Lorillard pref and Calumet & Hecla post gains, American Tobacco pref and New Haven suffer losses amid shifting call and time money rates.
MENTIONED IN THIS ARTICLE
New York
Boston
U. S. Steel
New Haven
Lorillard C
American Tobacco
Calumet & Hecla
New York Market Sees Broad Stock Gains Amid Foreign Buying
The July market revival resumes with wide gains led by Steel Union Pacific Reading and more as foreign buyers in London Paris and Berlin lift prices. Arbitrage holders buy 20000+ shares, New Haven reacts to Melien resignation and closes down 2 1/2. Bonds firm with $1,666,000 par traded.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Reading
Canadian Pacific
Harvester
London
Paris
Berlin
Steel
Amalgamated
New Haven
Melien
Panama
Local Market Bullish in Boston Stocks Buyback Rally
Traders boosted several issues in Boston today led by Butte & Superior Steel Amalgamated Greene Cananea North Butte and New Haven. Copper metal demand fueled gains with New Haven surging to 107 before easing to 102 while overall tone stayed firm at the close.
MENTIONED IN THIS ARTICLE
Boston
Butte & Superior
Steel Common
Amalgamated
Greene- Cananea
North Butte
New Haven
Island Creek Coal declares quarterly and extra dividend
The Island Creek Coal Company directors declare a quarterly dividend of 50c per share and an extra dividend of $3.00. Payable August 1, 1918 to common stockholders of record at the close of business July 15, 1913. F. W. Batchelder, Treasurer.
MENTIONED IN THIS ARTICLE
Island Creek Coal Company
F. W. Batchelder
Fall River Gas Works Declares Dividend No. 75
Fall River Gas Works Company announces a quarterly dividend of 8 dollars per share on its capital stock payable August 1, 1918 to shareholders of record at the close of July 21, 1918. KZ and Webster, transfer agents.
MENTIONED IN THIS ARTICLE
Fall River Gas Works Company
Fall River
Massachusetts
Fall Silver Gas Works Company
KZ & Webster
Ex dividend and rights in report of equity moves
Ex-dividend and ex-rights noted with total sales of 15 977 shares and bonds valued at 53 500 dollars.
Boston Market Curbs Lead Prices Edge Slightly
In a narrow price shift, State Gas and United Verde led with fractional changes. The market saw rare activity yesterday with only minor movements among Mexican Metals Ohio Copper and Bay There.
MENTIONED IN THIS ARTICLE
Model State Gas
United Verde
Ohio
Cks
Bay State Gas
Oston Salueneso
Butte Central
Butte & London
Eeeeeereens Ad
Cactus
Calaveras Cencereenees
Sesreeeneees
Corbin Weeeee
Davis Daly Isa
Houghton
Epeveveseres
South Lake
United Verde Ex
Grain markets rally driven by short covering and export demand
The grain market rallied as short covering rose amid strong export wheat sales and hot Southwest corn weather. Oats and corn showed sizable gains while outside wheats and Paris and Berlin futures fluctuated. Minneapolis and Chicago car loads and next day forecasts noted. Export sales reached 100 000 bushels of wheat.
MENTIONED IN THIS ARTICLE
Paris
Antwerp
Budapest
Berlin
Minneapolis
Duluth
Chicago
State Street Topics Market Strong and More Active
The market rebounded from Thursday’s dip with gains lifting averages to new highs. Steel, Union Pacific, Reading, and Amalgamated led the advance as big brokers urged purchases at the current prices, noting high yields offsetting potential declines.
MENTIONED IN THIS ARTICLE
Union Pacific
Reading
Amalgamated
London
Europe
Cotton Markets Heat Up as Eastern Belt Reels From High Temps
The cotton market shows higher activity and steadier tone due to extreme heat in the Eastern belt. Georgia reports temperatures from 100 to 107 degrees, more damaging than in Texas where soils offer better moisture and rooting. Southwest regions remain hot, with Texas not exceeding 102 and Oklahoma 105.
MENTIONED IN THIS ARTICLE
Georgia
Texas
Southwest
Oklahoma
Trade, Wheat Exports, and Rail Line Plans Highlight July News
Trade reports show mixed industrial activity with textiles improving in some areas while leather goods remain steady. Bank clearings fall year over year though outside New York show gains. weekly business failures rise sharply from the prior year. Wheat and corn exports surge, Canada trade quiet but sentiment improves on favorable crops. A Oregon Short Line railroad plan aims to link Divide to Jackson and French Gulch districts, with cattle shipments potentially funding operations.
MENTIONED IN THIS ARTICLE
Bradstreet
Tomors
New York
United States
Canada
Divide
Oregon
Big Hole River
Jackson
French Gulch
Wise River
Elkhorn
Big Hole
Trade tone holds steady as demand broadens in July
R G Dun weekly review notes slow but positive business trend with warmer retail demand for clothing and footwear. Dry goods remain restricted while early delivery orders rise. cotton mills and shoe plants resume, upper leather sales grow, steel mills brief shutdowns, pig iron demand up. July failures tally 272 in the U S and 36 in Canada.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
Chicago
United States
Canada
Boston Montana Development Co Plans Big Montana Mining Drive
The Boston & Montana Development Co announces charters in Helena with 15 million dollars capital to finance a 110 mile Butte Wisdom and Pacific railroad toward the Big Hole basin and Wisdom, linking French Gulch Elk Horn mining districts. It begins with about 60 mining claims in Deerlodge and Beaverhead counties with a prior production around 10 million dollars.
MENTIONED IN THIS ARTICLE
Helena
Montana
Boston & Montana Development Company
Butte, Wisdom & Pacific Railway
Butte
Big Hole Basin
Wisdom and Jackson
French Gulch
W Elkhorn
Elkhorn
Deerlodge
Beaverhead
W. R. Allen
Western
Eureka
Lone Star
William McKinley
Apex
First Chance
Swamp
Junction
Leo
Queen
Dixie
Margaret
Florence
McKinley
Spain
Deerlodge County
Ruth
Salt Lake
Trixie
Star of the West
Spring Gulch
Olé Channel
Legal Tender
French Bar
Phoenix Extension
Butte & Montana
Beaverhead County
Central
Red Top
Redtop No 2
Idanha
Idanha No
Aspen
Aspen No
Butte, Wisdom & Pacific
Boston & Montana
Egon
Bond market shows firm and weak issues across rails and steel
The Bond Market notes heavy activity in Baltimore & Ohio and Union Pacific convertibles, Rock Island collateral 4s, and United States Steel 58 while New York New Haven Hartford convertible 6s stayed firm. Iowa Central and Minneapolis & St. Louis 4s fell 5 points to new lows compared with prior sales. United States Government bonds also referenced.
MENTIONED IN THIS ARTICLE
Cm& BP
Erie Eee
Kk & D Monnes
Cone Ee
Lehigh Valley
Liggett & Meyer
Louis Nash
Lorillard C Pf
Mex Pet Co
Miami
Nevada
Nynh&h
Ont& W
Nor & West
Nor Pac
Pac T & T
Penn
Peoria & Ein
Pitts Coal
Pitts Bteel
Pereewee
Rock Island
Rock Is
St Lou & Sn F
Southweevee
Seaboard Air L
Seab
Alpf
Sears-Roebuck
South Pacific
South Rysennee
Studebaker
Tenn Copper
the Texas Co
Third Ave
S& W Pf
Twin City
U S Steel
U B Steel
Utah Co
Ir C & C
West Maryl
Baltimore & Ohio
Union Pacific
United States Steel
New York
New Haven & Hartford
Iowa Central
Minneapolis & St. Louis
Stock Exchange Bond Transactions Report
Total sales reached 1.665 million dollars, compared with 1.337 million yesterday and 1.612 million a week ago. From January 1 to date, sales amount to 300.348 million, versus 441.550 million a year earlier.
Calendar for today dividends payable list of stocks
A compact rundown of dividends payable dates and rates for various companies. Entries include Harbinson-Walker Retcncstties pid 149 percent and Alabama Great Southern pid 3 percent with (8-28) payable date, and multiple utilities such as American Electric pid 134 percent and Public Service Corp of No Ill com 1 percent with (Bl) dates. Also notes about books closing for Fall River Gas Works Co. and other issues with payables and rates.
MENTIONED IN THIS ARTICLE
Harbinson-Walker
North Butte Minin
Eg Shattuck- Agaonea
Shawi
United ‘Raction Co
P’g
Alabama Great Southern
Pia
American Constr . Co
Bay State
Cumberland Go
Power le
Coniagas Mining Co., Ltd
Electric Bend & Share Co
Finance Co
Homestake Mag
Illinois Northern Utilities
Jacksonville Traction
Oray. la Belle Iron Works
Lowell Electric Light Corp
New Hampshire Elec. Rys
Public Service Corp
No. Ill
U. &. Realty & Improvement
Willys-Overland. Com
Dividends Declared by Several Companies
Blackstone Valley Gas & Electric declares quarterly 2 cents per share payable Sept 2 to holders of record Aug 16. North American Company declares regular quarterly 1 1/4 percent payable Oct 1 to holders of record Sept 1. New England Cotton Yarn Company declares 1 1/4 percent on preferred stock payable Aug 2 to holders of record July 2. New York New Haven & Massford Railroad declares 1 1/2 percent quarterly payable Sept 30 to holders of record Sept 9.
MENTIONED IN THIS ARTICLE
Liverpool
Close
New York
Blackstone Valley Gas & Electric Company
North American Company
New England Cotton Yarn Company
New York, New Haven & Massford Railroad
Evidence to Bribe Gompers Revealed in Senate Testimony
The testimony describes Atherton Brownell of New York outlining bribery plans to a witness who refused to proceed to avoid offending the President. Readers rejected further action and accepted Hughes, but the conditions remain unclear.
MENTIONED IN THIS ARTICLE
Gompers
Atherton Brownell
New York
Hughes
Mulhall testimony details abuse of lobbyists and Gompers plot
Witness Mulhall testifies in Washington on campaign funds and alleged efforts to trap Gompers. He describes links with National Association of Manufacturers figures, letters from 1908–1909, and support for Cannon and Hughes allies. He objects to hostile questioning and claims intimidation.
MENTIONED IN THIS ARTICLE
Mulhall
Ss. W. McClare
Paterson
N. J
Congress
McClave
William Hughes
Gompers
van Cleave
Manufacturers’ Association
Schwedtman
Brownell
New York
Brandenberg
National Association of Manufacturers
John Kirby, Jr
Emery
Bankhead
Foraker
Ohio
Roosevelt
Cannon
J. Sloat Bassett
Bassett
Swager Sherley
Mr. Sherley
Sherley
T. V. Farrell
New York Republican Committee
Hughes
Woodruff
Parsons
Odell
Barnes
Cotive
Root
N Nation
Boston Fish Market Steady Prices Amid Strong Demand
The T wharf dealers offered plentiful fish with haddock and steak cod at 81-4 per pound and other species also mapping steady quotes. Vessels reported varied tonnages for hake, pollock, and mackerel with prices paid for large, medium, and small fish. The New England Fish Exchange released a seafood cookbook aiming to boost Boston’s market leadership while ships including Cleveland and North Star faced delays or repairs.
MENTIONED IN THIS ARTICLE
T Wharf
Annie Perry
Alert
Bessie Dugan
Geisha
Enterprise
Joanna
A. E. Nickerson
Theodore Roosevelt
Nora Robinson
Mary Ruth
Mary E. Harty
New England Fish Exchange
Exchange
Boston
Grimsby
England
W. K. Beardsley
B. A. Doherty
Wholesale Fish Dealers’ Credit Association
Cleveland
Hamburg
Southampton
Cherbourg
Commonwealth Pier
South Boston
Eastern Steamship Corporation
North Star
Yarmouth
N. C
Kentucky
Philadelphia
Copenhagen
Thi Landsman
Shipping News Arrivals and Sailings in New England Ports
A lengthy shipping bulletin lists steamers and schooners arriving at and sailing from ports including Halifax, Portland, Newburyport, Gloucester, Rockland, and St John. Vessels named include Hawes, City of Bangor, Mohawk, Sixont, Queen Arthur, and several barges and tugs. The report notes arrivals on Thursday and ships finishing loading for Copenhagen, with routes to London, Baltimore, and Havana among others.
MENTIONED IN THIS ARTICLE
Halifax
Hawes
Charlottetown
P. E. IL
Hawkesbury
Dampien Sawyer
Bangor
City of
Newburyport
Onward
Johnson
Port Wade
Plymouth
Quinn
Nellie
Swimm
Haverhill
A. R. Co
Western
Lennon
New York
Metacomet
Sydney
Smyrna
Guttenberg
John T. Donohue
Moon
Rockland
Nichols
Pettee
Rockport
BR. G. Co
West End
de Witt
Irvins
Diehl
Searsport
Boylston
Standard
Magan
Edward Trevoy
Bustrom
Bluepill
Esparza
Port Timon
Costa Rica
Governor Cobb
Portland
Eastport
St. John
Anglian
London
Howard
Baltimore
Newport News
Bunker Hill
Prince Arthur
Yarmouth
N. S
Vera
Baracoa
Alette
Port Arthur
Washington
Eureka
Re- Hance
Ipswich
Port Johnson
Channing
Herbert
Helen G. King
N. B
Walter Miller
St. Martin’s
Virginian
Apple River
Edward B. Winslow
Hampton Roads
Marcus L. Urann
Sewall’s Point
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire Street
Wall Street
Travellers International Cheques
Baring Brothers & Co., Ltd
Commercial
Foreign Exchange
New York Market
Te & Tel i Ag
T&sf
East Ohio
Bklyn RT
Cal Pet C
Cal Pet Corp Pf
Can Pacific
Ches & Ohio
Money Markets
Bank of England
Eeewereseer
Resenee
Amereeere
Ee Ites
Wee
Bankers’ Sterling
Eerweersseerees
Wee Wewwreewr Renee
Ween
Ewee
Reichsmarks
Boston Stocks
Las Low
At&t
Alaska
Ag Chem Pf. Cesses
Atchison
Bos & Lowell
Bos & Maine
Cal& Arizona
East Boston
East Butte
General Elec
Granby Sneeeerre
Greene Can
Hancock Couerser
Hedley Gold
tIsland Creek
Isle Royale
la Salle
Old Colony
Pullman Co
Reece
St Mary's
Santa Fe
Shannon
Shattuck-Ariz
Swift & Co
U S
Utah Apex
Utah Copper
Wintery Okae
Onif
el Paso
Greene Cananea
Kerr Lake
la Rose
Manhat Transit
Mason Valley
Mines of America
Ohio Copper
Standard Oil No
Stewart
Usl&h
Vazerees Ri A Bo
Julie
Open
Cane, Rev
Miandek
St Louis
Awere Bay
Kansas City
Perenne
Toledo
BRL
Detroit
Eee
State Street
Mellen
Boston and
New York Stock Exchange
Boston Stock Exchange
Boston Exchange
Sub-Treasury
Loi Point
Low Point
High Point
Atlanta
Silver Leaf
Blue Bull
Miskam
Booth
Trethewey
Wettlaufer
Big Dome
Dobie
Dome
Dome Lé
F O'Brien
Daisy
Hollinger
Jim Butler
McIntyre
Pear Lake
Midway
Mizpah
Rea Mines
Gr Cent
City of Cob
Idaho Cobalt Lk
Iron Bros
Coniagas
Crown Res
King Wm
Dun
Boston & Montana Development CO
Agala
Hornblower & Weeks
Congress ST
Stock Exchange
Crete
Regie
Cuba
Brown
Pacaof
Cwivaen
Oy Penn
Corte P Ae
SF Gal
Aen UK
R & Beth Steel
Bhiys
Canada South
Erie Cvt
Elec Ee
Bell T & T
Armour & Cereal
G Bay & W
W & Bos
Mii & St
Pen Nott
Seab Air Lady
Pacific Col
Nlais
Biesisu
SB Eter
LiésRiy
Bkg Li
Asc
Bas City
Union Pucevt
Kings Co
Bae
Eae
Ras
Ghat & St
Ey - Wees Beereriggett & Mrs Unite Pac
Setar
NyNi & Hert
Fall River Gas Works Co
Mtg
Metal Markets
Providence
S. S. Pierce Co. Distributors