Rails Lead Price Uplift Points in Yesterdays Markets
Total sales in New York reached 309 700 shares and Boston 19 019. The greatest gains and losses show General Chemical rising to 172 in New York and Bas War Electric prd dropping to 54 in Boston. Call and time money shifted with New York call at 2 34 and time money at 3 4 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Shannon
General Chemical
Detroit United
Swift & Co
Bas. & War
Elec. Prd
Call Money
GE Stock Dividend Lifts Market Activity in New York
General Electric declared an 80 percent stock dividend boosting its price to its best level since 1905 and making it one of the market’s most active issues beside United States Steel. Electrical stocks led gains while Hill issues pushed the market late, with bullish sentiment and shorts covered. St. Paul opened up on dividend expectations but later deferred the regular payout for a week. Call money stood at 3 percent as bonds stayed dull with $1,464,000 par value traded.
MENTIONED IN THIS ARTICLE
New York
General Electric
United States Steel
Union Pacific
St. Paul
United States
Market Brief: G M B copper and General Electric Move
In London copper, G M B prices rose modestly with buyers appetite narrowing as the day progressed. General Electric rose 21 8 points to 1877 8 amid talk of a stock dividend, while Arizona Commercial stock and bonds saw fair demand and overall tone remained firm at close.
MENTIONED IN THIS ARTICLE
Boston
London
Stannon
General Electric
Arizona
Kitty Cobb Pictures by James Montgomery Flagg
The Sunday Post features Kitty Cobb illustrations by famed artist James Montgomery Flagg. Next Sunday’s image is titled Jealousy and promised as a must-see for readers.
MENTIONED IN THIS ARTICLE
Kitty Cobb
Sunday Post
James Montgomery Flagg
Copper Demand and Dividend News Across Nations
Copper prices buoyed by naval programs of England, Germany, and Russia as war talk surfaces. Major dividends declared include Consolidated Gas of New York and Norfolk & Western at 6 percent, with General Electric announcing a 30 percent extra paid in stock to cover lean years, valued at about 42.70 per share at 18. Churchill warns no panic while Britain and Germany expand fleets. bonds fall to eight-year lows. St. Paul dividend meeting delayed awaiting quorum. August disbursements projected near 100 million dollars, up about 8 percent.
MENTIONED IN THIS ARTICLE
Stoc
Coal Pr
Aene Stev Enese
At& SF
Baldwin Loco
Ealt Ohio
Batopilas
Beth Steel
Bklyn R T Smaenee
Brunswick
Bklyn A Gas
Roch & Pitts
Can Pacific
Cen
Cm& SP
Dupont
Erie Eee
Erie
Fed M & S Pf
Ins Oo Co
Lehigh Valley
Liggett
Liggett & Meg
Loose-Wiles Co
Orillard C
Mackay
Mackay Pf
May Dept
Miami
Msp&ssm LL
Nat Biscuit Ee
Nevada
New York
Nor Am
Nor & Wes
Nor Pacific
Pitts Coal
Ess
Rock Island
Consolidated Gas of
Norfolk & Western
General Electric Extra
General Electric Company
Edison
Electric Light
Edison General Electric
Thompson - Houston Electric
Thompson-Houston International Electric Companies
Houston Company
Germany
England
Winston Spencer Churchill
House of Commons
Mr. Churchill
Boston curb market activity features several copper issues
The curb market was active led by Butte & London Raven Copper Ohio Copper and Corbin Copper. Butte & London fell from 90c to 68c then closed at 78c. Corbin Copper dropped to 95c then rose to 1 16 closing at 1. Ohio Copper cash rose to 43c with instalment trading between 90c and 5c. Raven traded around 37c. Detailed fluctuations follow.
MENTIONED IN THIS ARTICLE
Butte & London
Raven Copper
Ohio Copper
Corbin Copper
Raven
Bay State Gas
Butte Central
Calaveras
Arizona
Corbin
Davis Daly
Eagle Bluebell
Ely Consee
First National
Goldfield Consol
Houghton
Humboldt . Ee
la Rose
Laramie
McKinley Dar
New Douglas
New Hills
Utah
Ohio Copper Cash
Southwest
Miami
Super & Globe United Verde
Bond Market Notes Highlights Multiple Municipal and Corporate Issues
Eden Maine bids due August 10 for 21000 dollars of 1 year 4 percent bonds. Harrisburg Pennsylvania bids due August 5 for 154000 dollars of 4 percent coupon city bonds. Norfolk Virginia plans sale of 835000 dollars 4 and 12 percent 30 year city improvement bonds by September. General Motors prepaid loans and may pay down 1 million of 6 percent notes. Hawaii Territory bids due August 15 for 1500 thousand dollars of 4 percent public improvement bonds. U S Treasury notes bonds may be used as security for deposits with par value but value to market.
MENTIONED IN THIS ARTICLE
Finance Committee
Norfolk
Territory of Hawaii
United States Mortgage & Trust Company
New York
Territory of
Hawaii
United States Treasury Department
Postal Savings Bank
Money Market: Demand for Time Money Rises in U S
Money market shows renewed activity with higher demand for time funds. Rates firming in the West though overall quotations unchanged. On the New York Stock Exchange yesterday money on call at 2 1 2 percent. Time money at 30 60 days 3 1 2 percent 4 months 3 3 4 percent six months 4 1 4 percent. Local money rates and foreign exchange quotes follow.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York
Boston
Sterling Prener
Reichemarke
Rere
Bond Market Sees Slight Activity And Mild Price Rise
A small bond market session with minimal price movement ended with a slight firming after a midday shift in a gag stock market.
Wheat Market Steady with Mixed North American Weather Signals
Grain markets show quiet trade with fractional price gains and limited pressure. Northwest conditions favorable in the US but Canada sees more rain. North Dakota assessors hint at an 18 percent acreage drop. Midwest futures slip as Winnipeg prices influence Minneapolis, with No. 1 Northern wheat closing at 1.035.
MENTIONED IN THIS ARTICLE
American Northwest
Canadian Northwest
Lyle
North Dakota
Southwest
Minneapolis
Winnipeg
Calendar for Today Ex-Dividend Amalgamated Copper and More
Today's market calendar highlights ex-dividend statuses for Amalgamated Copper Am. Beet Sugar J G Brill Co pref Federal Sugar Ref com and pref Standard Milling Books Open Du Pont De Nemours Powder pref Homestake Mining and related companies with listings across multiple sectors.
MENTIONED IN THIS ARTICLE
Amalgamated Copper, Am. Beet Sugar
J. G. Brill Co
Federal Sugar Ref
Standard Milling
Cotton Markets Shifting as Prices Hit New Highs then Ease
Trading in cotton showed subdued activity with the market quieting in the zone but prices rose to new highs shortly after opening and then retreated about 10 points. Bulls were influenced by a bullish government report due Friday August 2, amid expectations of moderate or short yields due to July conditions.
Metal Markets Show Quiet Tone at New York Exchange
Prices eased for copper in late-month trading while tin remained firm. Copper bids and asks hovered near 17.50 with varied month charges. lead and antimony held steady, and iron showed little change. London markets quoted copper spot at £78 12s 6d with notable sales and futures activity.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Standard
BPO Ab Akaen
Cookson’s
London
Philadelphia Markets Close Bid and Ask Snapshot
Closing bids and asked prices for rapid transit and utilities. Lehigh Valley Transportation and Tonopah Belmont shares show notable movements. limited clarity due to fragmented OCR.
MENTIONED IN THIS ARTICLE
Rapid Transit
Union Traction
Lehigh Nav
Lehigh Valley Trans
Cambria Steel
Phila. Electric
Tonopah Belmont
Tonopa
Dividends Declared by Major Corporations
Dividend notices list payments due from Consolidated Gas Co National Lead Co Hood Rubber Co General Electric Co Norfolk and Western Pressed Steel Car Co and others with dates for payable Aug and Sept. Books close and reopen dates shown. Includes semi annual and quarterly declarations for several mills and railways.
MENTIONED IN THIS ARTICLE
Consolidated Gas Co
N. Y
National Lead Co
Booka
Hood Rubber Co
Books Close
General Electric Co
Norfolk & Western Ry. Co
Pressed Steel Car Co
National Bus. of Mexico
Boston Dueck Co
Thorndike Co
Cordis Mills
Marconi Wireless Telegraph Co., Ltd
Sagamore Mfg. Co
Fall River
Union Cotton Mills
Boston Mfg. Co
Boston News Bureau founder honored on twenty fifth anniversary
C W Barron, founder of the Boston News Bureau, received a loving cup from staff and flowers from banking houses on the bureau’s 26th birthday celebrated at Nantasket Beach. Telegrams poured in as associates published the poem A Quarter of a Century and revived the first issue of Barron’s financial journal.
MENTIONED IN THIS ARTICLE
Loving Cup
C. W. Barron
Boston News Bureau
C. W Barron
Boston
B. F. Griffin
Nantasket Beach
Evening News
Hall Bequest for Fountain Amid South Boston Probate
The will of Warren F. Hall long involved in South Boston trucking, who died July 24 at 758 East Fourth Street, is filed for probate. He leaves 2000 to Farm and Trade School and 1000 to the Masonic Home of Charlton. He directs 1000 for a public fountain and watering trough in Flood Square near Emerson Street and Broadway, with fallback to the residuary if the city delays.
MENTIONED IN THIS ARTICLE
Warren F. Hall
East Fourth Street
South
Boston
Masonic
Charlton
Mass
Flood Square
Emerson Street
Broadway
Trench Caves Injure Melrose Worker
Tony Stolipo of Revere, a laborer for the Malden Melrose Gas Light Company, was severely injured when a trench on Wyoming avenue Melrose caved in. He was shaken and bruised but returned to work after about thirty minutes.
MENTIONED IN THIS ARTICLE
Tony Stolipo
Revere
Malden-Melrose Gas Light Company
Wyioming Avenue
Melrose
Youngest Town Official Named in State
Miss Margaret Findlay of Howard street Wakefield named one of the town neighers of coal and merchandise at age 21. She replaces Miss Mabel Dignan who previously held the post as the youngest municipal officer.
MENTIONED IN THIS ARTICLE
Margaret Findlay
Howard Street
Wakefield
Miss Findlay
Mabel Dignan
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