Market Reaction After Torpedoed American Steamer News
The torpedoing of an American steamer triggered rapid swings in stocks led by Steel shares. United States Steel, American Can, Bethlehem Steel and others showed sharp intraday drops then partial rebounds as investors weighed contraband cargo and potential war orders. The market eyed earnings outlooks, with Steel facing varied quarterly forecasts and merger talk resurfacing around Schwab and a potential new steel combine.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Charles M. Schwab
Bethlehem Steel Corporation
Schwab
Steel Corporation
Supreme Court
Rail line reviews aid St. Paul stockholders on dividends
A new series in this issue offers highly instructive reviews of the Chicago Milwaukee and St Paul Railway. The articles, written by a leading railroad operation authority, address doubts about the forthcoming dividend and encourage stockholders to request copies.
MENTIONED IN THIS ARTICLE
Chicago, Milwaukee & St. Paul
Boston Stocks and Bond Prices On Boston Stock Exchange
The Boston Stock Exchange reports high, low and closing prices for bonds and other securities with comparisons to the previous close. Data include opening figures, daily movement and market activity highlights for the period ending July 20.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Boston Stock Exchange Seat Transferred and Copper Stocks Drop
The Boston Stock Exchange seat of Arthur L. Devens is posted for transfer to Charles L. Todd. The exchange drops Amalgamated Copper Company shares from its list. Iron Cap Copper reports gross earnings of 22 979 on 18 carloads with a net 16 815 after expenses.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Arthur L. Devens
Charles L. Toddess
Amalgamated Copper Company
Industrial issues close strong after early war news
Stock market closes mixed as heavy industry shares lead gains while railroad issues retreat. Bethlehem Steel American Can Baldwin Locomotive and Steel trade lower despite General Electric showing solid resilience amid news of a torpedoed American vessel.
MENTIONED IN THIS ARTICLE
Bethlehem Steel
American Can
Baldwin Locomotive and Steel
General Electric
Market Activity Yesterday and Year to Date
New York total sales 877 500 shares Boston 26 926 shares Most active New York Bethlehem Steel 140 000 shares Boston Alaska Gold 5 625 shares YTD New York 71 967 000 shares Boston 6 962 277 shares Last year New York 43 357 800 shares Boston 3 130 935 shares Largest gain New York Bethlehem Steel 14 to 139 Largest loss New York Federal Mining 6 to 44 Largest gain Boston General Electric 314 to 175 Largest loss Boston Calumet & Hecla 10 to 550.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Alaska
Steel Fury
At& SF
AT & S F Pf
Brooklyn RT
Butte
Cal Pet Corp
Cal Pet Corp Pf
Can Pacific
Ches & O
Leather
Cm& SP
Cspm& Bat
Cri&p Ry Iy
Comstock T C
Crucible Steel
Cub Am Sug Co
Su Co
den R
Domeines Co
Erie
G'drich
Nor Pf
H'M Ex Co
Central
Ins Cop
Interboro
Interb’o
Lehigh
Louis & Nash
Manhat Shirt Co
Maxwell Motor
May Dept Store
Mex Pet Co
Miami
Mk.t Pf. Yy
Mont Pow Co
Nat Biscuit
Na Cloak & Suit
Nat E
Nat E& S Pf
Nevada
Nynh&h
Alaska Gea
Alloues
Algomah
Dee Toemee
Amalgamated
Ag Ch Pf
Sug Spa
Te Thei i
Arizona
Atchison
Bos & Maine
Bos & Aine Pf
Granby
Indiana
Isle Royale
Lake
Snes
Eeeenas
Lower Sean
New Arcadian
Ny&nh
Nipissing
North Butte
Old Dominion
Ony
Boston
Steel
Alaska Gold
Bethlehem Steel Ptd
New’ York
Federal Mining Ptd
General Electric
Calumet & Hecla
Market Moves Power Ahead Then Dips on Leelanaw News
New York traders sent stocks upward amid war related speculation with 25 000 000 shares traded. after the torpedoing of the American steamer Leelanaw prices briefly fell but recovered as buying resumed. Key gains appeared in Bethlehem Steel Baldwin Locomotive Westinghouse Electric and American Locomotive while Copper and railroad shares showed weakness. Bond activity was uneven.
MENTIONED IN THIS ARTICLE
American Can
Bethlehem Steel
Crucible Steel
Baldwin
Germany
Wilson
New York
Financial
Publc
Leelanaw
Baldwin Locomotive
Can
Westinghouse Electric
Beet Sugar
American Locomotive
General Electric
American Coal Products
Allis-Chalmers
St. Paul
Union Pacific
American
Market report notes copper prices fall and stock shifts in Boston
The Boston market shows copper prices plummeting as London quotes dip. Alaska Gold declines to a new low amid bond conversion speculation, while Butte & Superior and American Zinc slide before recovering. General Electric rises, seen as gaining war orders with new hires. A Boston Stock Exchange seat sells for 15 000, down from prior highs.
MENTIONED IN THIS ARTICLE
Boston
London
Butte & Superior
Alaska Gold
Alaska
Boston Stock Exchange
General Electric
Money Markets July 26 Current Call Loan Rates
July 26 money markets report shows customers call loans at 3 percent for brokers' customers and 5 percent for outside brokers' call loans. Customers’ commercial loans rise to 6 percent or higher.
Bond Market Keys Mixed Declines Offsetting Advances
New York July 26 The bond market shows an undisturbed tone with a sharp break in the share list. Broad declines are offset by a similar number of advances, led by notable issues including Indiana Steel and Montana Power with mixed results across major railroads and utilities. Total sales for the week total $1.47 million, with year ago comparisons indicating sizable shifts in activity.
MENTIONED IN THIS ARTICLE
Mo Pac
U S Steel of
Montana Powe
Ribas
Wabash
Pmek Crete
Wisconsin
Trade council formed to boost Latin American commerce
A New York meeting of chairmen from permanent group committees formed a council to promote trade with Central and South American republics following the Pan American Conference. Secretary McAdoo pledged cooperation though absent, with James A. Farrell and John Barrett among speakers.
MENTIONED IN THIS ARTICLE
New York
Washington
the Treasury
W. G. McAdoo
James A. Farrell
United States Steel Corporation
National Foreign Trade Council
John Barrett
A. J. Peters
Treasury
Farrell
United States
Latin America
Robert H. Patchin
Council of
Fish Pier Activity and Shipping Movements Report
Fish pier traffic shows twenty one vessels and varied catch while prices stay slightly under normal. Dis des t schooner James L Maloy docked for mast replacement after a hurricane off Grand Manan. The J F Lisman and Limon arrivals bring chalk sugar flax tourists and cargoes bound for Marseilles Genoa Port Limon and Buenos Aires.
MENTIONED IN THIS ARTICLE
James L. Maloy
Sand River
N. S
Rockland
Story & Wardjrell
White
Grand Manan
N. B
Leelanaw
Fordney
Archangel
Russia
Webster
Limon
United Fruit Fleet
Port Limon
Havana
Fred A. Kent
Dana G. Monroe
Philadelphia
Edward J. Moxley
Montreal
Hellenes
Anderson
National Docks
Boston
Buenos Ayres
Argentina
Houston
Here
Savannah Line Moves to New Pier at Hoosac Docks
The Ocean Steamship Company known as the Savannah line will move from Lewis wharf to Pier 42 Hoosac Tunnel Docks on July 30. The new double deck terminal measures 515 by 150 feet, greatly expanding space. The Boston office remains at 20 Atlantic avenue.
MENTIONED IN THIS ARTICLE
Ocean Steamship Company
Savannah Line
Lewis Wharf
Hoosac Tunnel
Boston
Atlantic Avenue
Shipping News Items and Vessels Sailed
Shipping news lists numerous vessels including United States battleship Georgia and torpedo boat destroyer Nicholson along with steamers Hellenes, May Goodwin, and many barges bound for Portland, New York, Rockland, and other ports. Multiple names and destinations appear across the long roster of ships and tugs.
MENTIONED IN THIS ARTICLE
New York
Ellenville
McCarthy’s Flats
Forest Belle
Pilgrim
Albert J. Stone
Undercliffe
Hawthorne
Marion
Weehawken
Nemasket
Coaldale
Panther Creek
Salem
Gloucester
Eskimo
Apple River
N. S
Mayflower
Windsor
Quetay
West Pubnico
Robert H. McCurdy
Newport News
Hume
Rockport
Charlie & Willie
Ervin J. Luce
Mass
John H. Penrose
Stockton
United States
Georgia
Oman
Hellenes
Anderson
Buenos Ayres
Limon
Terfry
Port Limon
Havana
Nacoochee
Dizer
Savannah
Bunker Hill
Holmes
Belfast
Sawyer
Bangor
Ransom B
Fuller
Stroud
Portland
City of Bangor
Hathorne
Bath
Lansing
Fletcher
May Goodwin
Maurice River
N. J
Elizabeth
Nickerson
Albany
Dunmore
Troy
Lynn
Summit Hill
Reporter
Larkin
Ipswich
Sisters
Pritchard
St. John
Gatherer
Brocklebank
Edwar Trevoy
Eliason
Mt. Desert
Donne ‘. Briggs
Moorehouse
Port Eaton
L. I
Storm Petrel
Flo
N. Brookville
Newall B. Hawes
Leighton
Newburyport
Omaha
Hutchins
United States Torpedo Boat
Nicholson
Newport
Rince Arthur
Yarmouth
Calvin Austin
Por
Baltic Chased by Submarine Returns to Liverpool
The Baltic arrived safely at Liverpool from New York after being chased by a submarine believed sunk by a British torpedo boat. Passengers in London compared notes about the encounter, with Arthur Plaskidd of New York recounting the sighting near Fastnet and the zigzag course to Cornwall. The ship carried 15,000 tons of war supplies.
MENTIONED IN THIS ARTICLE
London
Baltic
Liverpool
New York
Arthur Plaskidd
Fastnet
Cornwall
Puff Ball Mushroom Found Weighing 412 Pounds
A giant puff ball mushroom discovered in the state weighs 412 pounds and spans 37 inches around, described as one of the largest found in the area. The find draws attention to unusual fungi in the region.
Remarkably Large Puffball Mushroom Found near Canton
A very large puffball mushroom was picked up yesterday morning along the roadside at Glen Brook Farm owned by Hardy Brothers in Canton Massachusetts. The specimen stands about eight inches high and nearly thirteen inches long, with the color and fragility typical of its species, described as as large as a full sized pumpkin.
MENTIONED IN THIS ARTICLE
Glen Brook
Hardy Brothers
Canton
Mass
Prince Oscar Writes Book About Battle
Berlin reports Prince Oscar fifth son of Emperor William has published a book detailing a winter battle in the Champagne region where General Joffre led a successful assault against German lines. The prince, attached to the German third army headquarters, observed the fighting up close. Proceeds from the book will aid widows and orphans of Rhenish soldiers killed in these engagements.
MENTIONED IN THIS ARTICLE
Berlin
Prince Oscar
Emperor William
Champagne
Joffre
Carthac
Third Army
Municipal bonds offer high yields amid war-time capital demand
The article notes global demand for long-term capital driven by European wars has raised world interest rates to multi-year highs. With increased risk in commercial investments, municipal bonds present attractive yields for conservative investors. The Boston Post plans a special financial-page piece detailing these high muni yields versus past years.
MENTIONED IN THIS ARTICLE
Boston Post
Also Mentioned on This Page
National Enameling War Order
Pittsburg
Bears
National Enamelling & Stamping Company
Boston Elevated
the Financial World
Broadway
Devonshire Street
Fort Hill
New York Philadelphia
Chicago
First Mortgage
American Light
Bodell & CO
Congress Street
Stock Exchange House
Sierra Pacific Electric Company
Stone & Webster
Standard Oil
Anglo-American Oil
Ceseeeeeess
Atlantic Refining
Buckeye
Cheseboro Mfg
Colonial Ossaree
Continental Oil
Seeeeneesen
Crescent Pipe Line
Cumberland
Tove Oat
Fureka
Galena Signal Oil Com
National Transit
New York Transit
Northern
Senseveces OF
Ohio
Cose Tesrans
Pierce Oil Corporation
Prairie Oil & Gas
Solar Refining
Enenvee
Saccessolt
South Southern
Penn Oj
Opeeconcaes
Southwest Penn
Swan & Finch
Y Ont & W
Nor & Wes
Pac
Pacific Mail
Ssesee
Philadel Co
Pitts Coal
Pitts
Emergeer
Ray Conek Ower Mer
Rumely Co
AL Pf
Sears-Roebuck
Studebaker
Tenn Copper
Texas Pacific
The
Texas Co
Third Ave
Seeeeee
TS S & W Pf Ct
Union Paspsatan
UN Rys
Seeeee
U West Union i Wteeee
West House
Wis-Overland
Wis Centra
Boston Stocks
Financial News Notes
South Lake
Franklin Mill
H. F. Fay
Old Colony Mining Company
Mansfield Water Supply District
Mansfield
New York Market
Pond Ork
Pullman Co
Reece But
Reece
St Mary's
Shannon Eeeteeees
Shattuck-Ariz
Sup & Bos
Swift & Co
Torrington
U S
Utah Apex
Utah Consol
Utah Cop Co
Victoria
West End
West End Pl
Western Uni
Wolverine
Wyandot
Ventura Oil
Verde Extension
Duglas and Stewart
Central Car & Foundry
Anglo-Amer Oil
Alta Consol
Bay State Gas
Beaver Consol
Bos & Cor
Bos & Monteeeee
Buffalo Mines
Butte & Son
Car Light & Pr
Cen Car & Fdry
Champion Eee Eeees
Davis Dal
Eagle & Blue Bell
Fortuna Ree
United
Utah Metals
Tuly
Juneau
W.i
Borden
British Columbia
Caribou
la Rose
Ease
Manhattan Transit
McKinley-Darragh Sone
Mines Co of America
Sesereees
Nipissing Mines Co
Seeereneres Weneee
Seenewee
Otis Flevator
Pacific Smelting
Seeesereeee Remington Ayo Aseteensse
Riker-Hegeman
Royal Baking Powder
Tintiec Co Stewart
Tees Ees
I’ Union Copper
United Copper
Seeseusseenevens Ee
Weeeenseeeeree Ee
Fe Unites Cigar Stores
Money Markets
Boston Reserve Bank
New York Funds Exchanges
Eee
Sear Ence
Nks
Inc
F R Bank
Ae Eerererene
Seeeweries
Seeeer
Cen Pacific
Ches
Ererers
Ewes
Stock Exchange
Sparta
Coal & Coke
eke _ & Co
Teeter Sa Gas Ae
Nem Pacific Si
Sean Penee
Nyc
Ee & H
Tees
Issu
Sane Temp
Am Ag
Abe Erie
Ameer
Eey Armour
I Real Hudson Co
Pease
Aepes
Beth Pee oJese Eee
Beth Steel
Kentucky
Liggett & M
Alton
MK & T
Oxy
Standal
Texas
Union Pac
Jive
South America
Peete
Ay Sewrane
Vee Scveseca
Nate Sree
Eegresas
New Orleans
Haddock
Cera Hake
M Santos
Nat Nelson
Mary
Thompson Sateen
Virginia Ee
Waltham
M. Dillon
Duluth
Toa
Kansas Ty
Toledo
Detroit
Weaaee Etestters
New Pier
Charlestown
Shipping News
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