23 Jul 1918
Page 1
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 23, 1918
Page
1
Fragmentary OCR lists financial institutions including Boylston Nutronal Bank Malden Ball Union Market National Bank and Watertown based Banks. The items appear as a partial directory or local financial listing.
Stock prices are heavy amid recession fears and steel sector concerns. General Recession of Point or More Equipment and Soft-Rail roads drive small changes. In Boston, most active issue is Arizona Commercial with 1070 shares. New York shows Steel at 106,200 shares. Total yesterday trading: New York 1,882,824. Boston 335,700. Previous year figures are 118,120,700 in New York and 3,806,353 in Boston.
Market held largely steady as favorable war front bulletins failed to spark interest. Steel and copper shares led declines while Sumatra Tobacco rose on dividend gains. United States Steel fell 1.14 points from a late high after a 340000 share day.
New York brief lists high low and closing quotations for today with net changes from the previous close. Data covers major stocks and market activity on July 22 in New York.
Local traders showed little interest as market activity lagged the New York board. Arizona Commercial rose to a 1918 high after trading 1150 shares, while Art Metals Construction and New Idria slipped on light volume. Granby set a new production record for the year ended June 30 1918 with 43.72 percent copper output and strong earnings from Anyox and Grand Forks properties.
Boston July 22 report lists daily highs and lows with quotations and net changes from the previous close across stocks, reflecting a mixed market session in the region.
Trading was listless with volume under 350000 shares as Allied advances and submarine reports failed to spark activity. Bethlehem Steel and Atlantic Gulf edged lower while Fairbanks earnings strengthen the stock’s appeal. copper output shows six months of heavy burdens and a 25 percent shortfall in national copper needs.
Frederick W. Tuma also known as Frederick Leonard of 21 Park Avenue South Weymouth was seen by several women in Boston Common yesterday before inspectors arrested him on five counts of larceny and breaking and entering.
Cotton futures opened quietly with slight losses, 4 1/4 to 4 1/2 points lower for the day. Snot cotton slipped 8 points to 22.64 pence for American middling uplands, with sales totaling 3,700 bales and receipts of 11,000 bales. New contracts today were quoted but details are incomplete.
July 22 market update shows brokers loans at 5 to 6 percent and various money rates at 6 percent. Rediscounts and paper rates noted with 15 days or less to run. Foreign exchange steadiness with Sterling cables at 4.7676 and other currencies listed.
Casualty lists show American troops were busy before the current drive as 62 names were issued yesterday from army headquarters. The records indicate ongoing, steadier casualties amid the active operations.
The latest casualty roll names seven New England men with two dead from gunfire, two wounded, two missing, and one captured. Lieutenant Daniel W. Patterson of Northfield and Private Byron B. Stone of Shrewsbury are among the listed. Connecticut and Massachusetts are represented, with details on wounds, missing status, and service history provided. The passage also notes sea freight rates, fish quotas, and a coal bunkering strike delaying transatlantic liners.
Local observances list death and injuries among servicemen. Joseph E. Hadfield of Bristol died in an accident while serving in the National Army. Byron E. Stone of Shrewsbury is severely wounded with the 60th Infantry, 5th Division. Alex Shrewifski of Greenville and Andrew Tedesco of Winsted are noted in U. S. Infantry and National Army service. Frank L. Johnson of Middletown, listed in C Company, 102d Infantry, previously reported missing.
The casualty list for July 22 reports 9 killed in action 14 died of wounds 73 died of disease 3 died of accident and other causes 12 wounded severely 16 missing in action 1 prisoner total 62.
Lieutenant Charles E. B. Daly, 21, son of former Cambridge Mayor Augustine J. Daly, was commissioned in France. He left Camp Upton in April as acting sergeant of the Machine Gun Company, 308th Infantry, 77th Division.
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