Market shows resistance to professional selling
The market remains soft but largely flat with small declines and light volume. Industrial Alcohol reports six month earnings near 2 million dollars, about four times last year, signaling potential improvement if the second half matches the first. Brooklyn Rapid Transit posts record earnings, while rival Boston Elevated lags on surplus and expansion funding.
MENTIONED IN THIS ARTICLE
Steel Corporation
Kessler
Baltimore
Apoo
Brooklyn Rapid Transit
Boston Elevated
Elevated
Brooklyn
Boston
Dividend Notices Route for Lowell Electric Light and Utah Metal
The Lowell Electric Light Corporation declares a quarterly dividend of 2.50 per share payable August 1 1916 to stockholders of record July 20 1916. Utah Metal and Tunnel Company declares 0.50 per share payable August 1 1916 at Commonwealth Trust Company transfer agents 80 Congress Street Boston to stockholders of record August 5 1916.
MENTIONED IN THIS ARTICLE
Lowell Electric Light Corporation
Lowell
Massachusetts
Stone & Webster
Utah Metal and Tunnel Company
Commonwealth Trust Company
Congress Street
Boston
Mass
Prices Ease Off in Dull Market
Total sales New York 256130 shares Boston 10589 shares. Most active issue in New York Steel 31200 shares. Most active issue in Boston Atlantic Gulf 2250 shares. Total sales Jan 1 1916 to date New York 95622574 shares Boston 6807719 shares. Corresponding period last year New York 72833500 shares Boston 6985634 shares. Greatest gain in New York list Am B S F pref 6% to 181. Greatest loss in New York list Virginia Coal 234 to 41. Greatest gain in Boston list West End pref 2 to 73. Greatest loss in Boston list New Haven 134 to 5814.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Atlantic Gulf
Virginia Coal
West End
New Haven
Alaska
Amb & SF
Car&f
Hide & L
Hide & L Pf
T&sf
Atl Coast Line
Atl Gulf & WI
Atl Gulf & WI Pf
Batopilas
Brklyn
Butte & Ye
Cal Pet Corp
Chim & S
Pp Pf
Chi & N
Chi R L& Pac Iy
Isc
Chili Cop Co
Col Fuel & Iron
Deny & Rio G
Goodrich Bif Co
Goodrich
Nor
Norbre
Inter's
Nickel
Iowa Central
Jewel ” Co
Kayser J Co
Kelly-Spy Tire
Kennecott
Lake Erie & W
Lee Rub & Tire
Lehigh Valle
Liggett & My
Manhatn Elev
Manhatn Sh Co
Maxwell
Nevada
Penn
Pitts Coal
St Spring
Market declines extend as rails lead in New York session
Moderate losses dominated a light trading day with rails and favorites driving activity. United States Steel showed renewed weakness despite strong earnings, while Mexican Petroleum Texas Company and Willys Overland fell toward multi month lows as government news offered little support.
MENTIONED IN THIS ARTICLE
New York
Bears
United States Steel
St. Paul
Canadian Pacific
Virginia
Coal & Coke
Atlantic
Gulf & West Indies
United States
Panama
Boston Stocks Bond Prices Report
Boston stock market brief lists the day’s top bond prices with highest, lowest, and last sales figures reported for today.
MENTIONED IN THIS ARTICLE
Boston
Boston Market Dullness Marks Mid-Summer Trading
Boston market holds steady in mid summer with only nominal price declines besides a weak New Haven. Greene-Cananea resumes a $2 dividend and June output near 4.5 million pounds as Mexican operations continue. Massachusetts Gas reports a new high in June earnings while President Richards warns of tougher conditions. Rumors on Tamarack stock sale by Calumet & Hecla are denied amid ongoing legal issues.
MENTIONED IN THIS ARTICLE
Boston
New Haven
New York
Greene-Cananea
Massachusetts
Richards
Calumet & Hecla
Tamarack
Calumet
Calumet Company
Money markets and foreign exchange report
July 27 quotations show call loans 3 4 percent, customers' commercial loans 4 9 to 6 percent, collateral loans 4 to 6 percent, commercial paper 4 to 4 1 4 percent, year money 4 4 to 4 3 4 percent. Foreign exchange is quiet with Sterling-Cables 4.7614, demand 4.751. Francs 5.90, marks 72, guilders 4 1 4 9, lire 6.44.
MENTIONED IN THIS ARTICLE
New York
Scseeeseeeeys Ag
Bond Market Ties Illiquid Turn in Daily Trade
Trading in New York bonds shows little change with focus on Anglo-Irench Canadian issues and United States Steel. Key quotations include Mercantile Marine 44s Atchison Burlington & Quincy, and U.S. Government 2s 3s 4s with varied reg and coup prices, while total measured activity totals $4.425 million for the day.
MENTIONED IN THIS ARTICLE
Abermem
Anglo-Irench
Canadian
Atchison and Burlington & Quincy
Mercantile Marine
United States Steel
United States
Stock Exchange
Columer
Ctfs Ak Ee
Fateien Bee
Pac Toy
Unes
Atviees
Tokio
Rae
Dom of
Canada
RI & P
Hiya Orcs
Bosc
Col Midland
Eat North Pacific
Cuba
Pune
Republic T
Rys Ee
Ee Nyc
Distillers
Sfserb
Alaska Gold
Istl&sf Od
V&g
Rie Am Ag
Erie
Et Ae Am Ag
Chiyas
St L& Fino
At&s
Ors Ae
At & St L
Mil & St P
Hide & Its
Leeda
Ill Steel
Steel
EAN
Financial notes on gas earnings and rail stock moves
Massachusetts Gas Companies report June earnings total 304825 dollars up 19595 from last year. Yearly net earnings reach 2860381 dollars, a new high. Also: American Utilities weekly send out up 452012 cubic feet and electric output up 267715 kilowatt hours. Plus North Ohio traction plans and Falls Motors financing details.
MENTIONED IN THIS ARTICLE
Massachusetts
American Public Utilities Company
Cleveland
New York
Electric
Northern Ohio Traction & Light Company
Republic Railway & Light Company
Northern Ohio Traction & Light
Republic Railway & Light
Federal land banks to be set up in 12 districts
Washington July 27 The Federal Farm Loan Board will form 12 regional land bank districts and locate federal land banks under the new rural credits law. Four members were nominated: Charles L. Lobdell Kansas George W Norris Pennsylvania W S A Smith Iowa and Herbert Quick West Virginia. President Wilson may name Norris or Quick as farm loan commissioner. The board may not be fully organized for six months and operations may not start before next spring.
MENTIONED IN THIS ARTICLE
Washington
Federal Land Bank
Federal Land Banks
Federal Farm Loan Board
Wilson
McAdoo
Charles Lk, Lobdell
Kansas
George W. Norris
Pennsylvania
W. 8. A. Smith
Iowa
Herbert Quick
West Virginia
Mr. Norris
Mr.Quick
Farm Loan Syste
Wizard of Plymouth Rock grows pink lettuce with bugs
Bernard Field a civil engineer and biologist in Plymouth uses a culture he calls dextrogerm to color lettuce pink with rose tones and to enhance yields without fertilizer. He claims his experiments also produce bitter apples and potato tasteless to potato bugs, aiming to deter pests in cotton regions.
MENTIONED IN THIS ARTICLE
Plymouth
Bernard Field
Plymouth Rock
Post
D. C. Fisher
Thane Street
Dorchester
Field
Mr. Field
South
Dixieland
Fritz Schlecht
Allerton Street Horticulturist
July 28 Calendar and Coastal Trade Notes
The calendar notes the 210th year of the war and 194th day of summer with tides and celestial events. Thirteen vessels arrived at the fish pier with fresh groundfish and two brought swordfish while mackerel arrivals were none. Wholesale prices quoted for cod, haddock, pollock and swordfish with vessel names and cargoes listed. a barge bound for Boston from Jacksonville leaked near Brunswick, a fire briefly endangered wharves, and captains Coyle and Cutchin changed posts in the coast guard. Salvors removed coal from the William Chisholm wreck in Cape Cod canal as currents hinder work. the San fruit shipment arrived as the season’s largest.
MENTIONED IN THIS ARTICLE
Haddock
Heroine
Mary DeCosta
Pontiac
Phil Manter
Harmony
W. Goodspeed
Enos
Swordfish
Elizer Benner
Mary Sennett
Newark
Boston
Jacksonville
Three Friends
Brunswick
Taurus
Ruth
F. J. Purdy
Monitor
James M. W. Hall
Bowker
John B. Coyle
N. E. Cutchin
Coast Guard
Sault Ste. Marie
Mich
William Chisholm
Cape Cod Canal
Maritime Cargo and Desertions In Ocean Trade
A report notes Mateo carrying 51500 stems of bananas 100 bags cocoanuts and six barrels of limes. San Jose sailed with a large cargo of manufactured goods and provisions. The Russian steamer Algol delayed by firemen desertions, freeing crew in a tug and resuming voyage to Manchester aboard The Landsman.
Steamers and Vessels Sailed and Towed in Port Shipping List
Steamers St Ursula and Algol sail for ports including Liverpool Manchester Havana and Portland. Prince George Yarmouth N S Kershaw Suffolk Norfolk Malden Newport News H M Whitney and Massachusetts proceed to New York Quantico Philadelphia Plymouth Baltimore with tugs Channing and Juno towing barges and lighters. Multiple vessels and towage details list schooners and barges bound for Gloucester Portland and New York.
MENTIONED IN THIS ARTICLE
Etonian
Trickey
Liverpool
San Mateo
Robbins
Port Antonio
Jam
Prince George
Simms
Yarmouth
Dingley
Ingalls
St. John
N. B
Fastport
Portland
Katahdin
Macbeth
Jacksonville
Charleston
Gloucester
Hatcb
Norfolk
Massachusetts
Crowell
New York
Belfast
Rawley
Bangor
Bay State
Strout
City of Rockland
Linscott
Bath
Neptune
Cunningham
Albert J. Stone
Nelson
Undercliffe
Edgewater
Passaic
Albany
North America
Miller Portland
Cuenale Freeman
Scituate
St. Ursula
Algol
Manchester
San Jose
Havana
N. S
Kershaw
Suffolk
Malden
Newport News
H. M. Whitney
Quantico
Philadelphia
Plymouth
Baltimore
Channing
Lynn
Juno
Martin F. Horan
Sandwich
Junior
Ekwanok Tourney Reaches Two Round Milestone
In Manchester Vermont on July 27 the first president's cup match play at Ekwanok Country Club completed two rounds. Gilman P. Tiffany of the Mohawk Club edged W Parker Seeley of Brooklawn at the 71st hole after long clutch putts on the second extra hole. Max R. Marston of Baltusrol won both his matches today. Other survivors include R S Worthington Shawnee H Gardner Agawam N Wheeler Brooklawn P W Whittemore Country Club N Campbell Agawam and H K Kerr Greenwich.
MENTIONED IN THIS ARTICLE
Manchester
Ekwanok
Gilman P. Tiffany
W. Parker Seeley
Brooklawn
Max R. Marston
Baltusrol
Vincent Campbell Sues For Salary
Suit for breach of contract filed against the Newark Federal league baseball club. A. Vincent Campbell claims a contract from Patrick Powers with a 37875 salary and a one year renewal with a 5 percent raise was not honored. The complaint alleges the club failed to meet the contract terms.
MENTIONED IN THIS ARTICLE
New York
Newark Federal League Baseball Club
A. Vincent Campbell
Campbell
Patrick T. Powers
Also Mentioned on This Page
Emerson Motors Co., Inc
R. C. Hupp
Hupmobile
Oldsmobile
Emerson Motors Company, Inc
New York City
B. P. Will H. Stetson
John
Cedar Street
N. Y
International Paper
Brooklyn Rapid Transit Issues Report
BR. F.goodrich
International Paper Preferred
Ray Consolidated
Ray
American Car & Foundry
Eaton
A I, Diea
High Close
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Gaston W
Driggs-5 &W
Has & Bar
Hendee Mfg
Hupp Mot
Midvale Steel
Mo Pac Wi Eal
Mo Pac Pf
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St Jos
Stutz Motor
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United Motor
White Motor
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Sinclair Oil
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C B&q
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Cosper
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Fitchburg Pf
Franklin
Granby
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St M
Superior
Torrington
Trinity
Uni Fruit
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Ventura Oi
West End Pf
W. Oo
Rep I & St Jenes
Rep 1 & S of
Rumely Colt
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Shattuck-Aris
Studebaker
Union Sui Ite
United Fruit
Utah Co
West Ou
Westinghouse
Wilverian
Wil-Overland
Woolworth Fee
Woolworth
Butte & Trot
W. L. Creden
Ophir
Butte & de
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Bay State Gas
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Financial News Notes
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Andrews & Co
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Central Ilinois Public Service Company
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