Earnings Under Proposed Tax Law
Editor analyzes likely impact of a new tax on major corporations. The piece compares invested capital and prewar earnings, estimating post tax per share for United States Steel Utah Copper Anaconda Republic Iron & Steel under various scenarios and noting potential policy mixes and exemptions.
MENTIONED IN THIS ARTICLE
Yeading
United States Steel
Utah
Anaconda
Republic Iron & Steel
Market Highlights From Yesterday's Trading Totals
Yesterday's session shows New York total sales 391000 shares and Boston 14548 shares. General Motors led gains in New York rising to 137.5, while Pierce-Arrow fell to 39.375. In Boston, Boston & Providence rose to 165 and Maine Central declined to 77.5.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Ventura
General Motors
Pierce-Arrow
Providence
Maine Central
Market holds steady as war bulletins lift some issues
New York trading closing with even tone as gains stay ahead of declines. War bulletins show hopeful tone and McAdoo Liberty Loan rate comments evoke favorable banking views. Italian exchange improves and Canada gold imports reach 20 million dollars since last week.
MENTIONED IN THIS ARTICLE
New York
McAdoo
Canada
United States Steel
Royal Dutch Oil
Liberty
United States
New York Stocks and Boston Quotations June 18
Market update from Boston shows New York stocks with today high and low prices and net changes from the prior close. Trading activity highlights fluctuations across major issues as investors react to daily developments.
MENTIONED IN THIS ARTICLE
Boston
Boston Market Shows Quiet Trading Amid Seasonal Caution
The market yesterday was less active with small price moves. Massachusetts Gas rose about 1.5 points as Elevated edged up similarly while most changes were fractional. Utah Consolidated quarterly dividend awaits action as American Telephone bonds become stock convertible in seven years at 6 percent. Conversion parity and timing details imply potential profit from stock gains after two years.
MENTIONED IN THIS ARTICLE
Bedrish
Massachusetts
Utah Consolidated
American Telephone
Louisville Gas and Electric Bond Offering
Louisville Gas and Electric plans a 10.5 million dollar first and refunding mortgage five year 7 percent gold bonds. Harris Forbes Co Guaranty Trust Company of New York and E H Rollins & Sons organize the syndicate. Bonds secured by first lien on over 75 percent of property. 3.119 million dollars in underlying bonds on remaining.
MENTIONED IN THIS ARTICLE
Louisville Gas & Electric Company
Harris, Forbes & Co
Guaranty Trust Company of
New York
E. H. Rollins & Sons
Louisville
Guaranty Trust declares quarterly and extra dividend
The Guaranty Trust Company of Cambridge declares a regular quarterly dividend of 11 2 per cent and an extra dividend of 1 2 per cent, payable July 1 to stockholders of record June 20.
MENTIONED IN THIS ARTICLE
Island Creek Coal Company
F. W. Batchelder
Treasur
Pond Creek Coal Company
Pond Creek Coal Co
Guaranty Trust Company of
Cambridge
Money Markets and Foreign Exchange Report
Current prices show brokers loans 5 to 6 percent and outside call loans at 51/2 to 6 percent. Commercial and collateral loans quoted at 6 percent with 6 percent for commercial paper and year money. New York bar silver at 99 17, London bar silver undetailed. Foreign exchange virtually unchanged with Sterling cables $4.76716 and demand $4.7530, francs 5.71, guilders 50 1/2, lire 8.02, Swiss francs 3.99, pesetas 28.30, Argentine peso 9. Details include rediscounts of commercial and agricultural paper and balances at Clearing House and Sub-Treasury figures.
MENTIONED IN THIS ARTICLE
New York
London
Clearing House
New York Flinds
Bost
Treasury
Seees
Ssesesereseneens
Sub-Treasury
Piano Tuner Invades Home Over Neighbor Demand
A man claiming to tune a piano forces his way into a residence arguing neighbors ordered the service. The resident disputed the claim as unauthorised. Police were alerted and are reviewing the incident for possible charges.
Commercial Credit Co. profits and future business forecast
New York on May 24 1918 Commercial Credit Co Baltimore reports a net profit of 32413.08 since February 20 1918 after charges 4008.03 and states the account is closed with a balance owed 3200 with expected business worth over 2.5 million in the next six to seven months. A notarized affidavit can be provided on request.
MENTIONED IN THIS ARTICLE
Utah Copper
Utah
Weltkratie Aia
Hub
Denver Consolidated Stock Exchange
Wyoming Oil CO
Denver
Colo
C.l.glass &Co
Court St
Boston
Mass
New York
Pittsburgh
Also Mentioned on This Page
Kidder, Peabody & Co
Devonshire St
Wall Street
Investment Securities
Foreign Exchange Letters of Credit
Baring Brothers & Co., Ltd
N. Y. Stock Exchange
E. M. Fuller & Co
Consolidated Stock Exch
N. Y
Broad Street
Montana
Albert Sutcliffe & Co
State St
New England
Telegraph Company
John Balch
Hornblower & Weeks
Congress St
New York Providence
Chicago
Portland
Detroit
New York Market
Boston Stocks
Alaska
Hide & Sea
H & L Pf
Inter Corp
Sumatra
Tel & Tel
ALG & WT
Beth Steel
Booth Aor
Brunswick Ter
Butte C & Zinc
Butte & Sup
CM & St P Pf
Hes & Chio
Chi M & St P
Chili & Pac
Eseeeusenses
Besa Eas
Haskell & Beeeee
Int Ag Co
Paper Sone
Kan City
Kelly-Spring
Lehigh Sea
Macka
Mackay
Max Otor
Marine Maxwell
Eveee
Miami
Mo Pacific
Nat Biscuit
Y Central
Nynh&h
Pacific
Nor & Western
Boston & Maine
Boston & Prov
Cal & Arizona
Cal & Hecla
Century Steel
Coper
Daly-Wesat
Davis Daly
East Butte
East S
Edison Elec
Hancock Con
Port Cem
Island Oil
I Creek Coal
Isle Royale
Lake Copper
Penn
Peoples Gas Raceee
Pitts & W
Pitts & WV
Rep 1 & Steel
Royal
Saxon Motor
Saxon F . Teeee
Searsbuck
Sinclair Oil
Sloss-Sheffield
Clic Ih
Studebaker
SCI Pipe
Ind Alco
Union Pacific
Va Ca
sOwift Co
War
Tuolumne
United Dru
United Fruit
Fate al” K
United Shoe
U S Steel
Wolverine
Satna U . Lib Ist
Tate S
Low Close
Liggett & M
Aetna Explosives Peeneeee
Gt Brit Litho Burns Bros Ice Cae Om
Curtiss Aero Com
L&n
Keystone Té&Rcom
Mexico
Maxint Munitions
Smith
Aig
Wright-Martin Air
Anglo-Amer
Barnett O
Cosden & Co
Ami & Col Be
Sneee
Cosden Scripps
Elk Basin Pete
al Fils
I Am
T&t Col
Esmeralda
Federal
Paver
Kenova
Merritt Oil
Ariooort& Co
Pete
Midwest Oil
Midwest Refining
Ates Ale
ATES
Okla Oil Com
Okla P& R Ose
Royal Oil Pogecapengees
NYW
Envis Sapulpa
Seateseseceese
Sequoyah
Owae North Pacific
Sinclair Gulf
Wes
Ing North Pacific
Beth Steel Ext
Odeee United Western
Norfh South A
Victoria
Beth Steel Rig
Bkiyn RT
Alaska Brituae
Atlanta
Austin
Amazon
Pere Mary
Big Ledge
Cal Gas & E
Inves Ry Lé& Fe
Caledonia
Calumet & Jerome
St Lest
Jones
Arizona
Sane
Emma €Ey
Cher
Snl
Stl &Sef
Eureka Croesus
Qord
Florence
Bila Goldfield
Ben Cbeé& Q Joint
BRI
Green Monster
Western Fe
P & Kan City
Ecla
Ed Howe Sound
Jerome Verde
Jim Butler
Cc Ind & Lo'v
San An& A
Ps Jumbo
Ely Mely Neler Kerr Lake
Sinclar Oil of
Tae Kewanas
Bho Ve
Cm& St P Gol
Lone Star
Am Foreign
C M & St P
So Pacific
Anglo” Ao
Elo M & St P
Wel
Nat Leasing
Nipissing
Mil & St P
Paito Ev Aff
Nixon Nevada
Ohio Copper
Og Not
Onondaga Silver
Pitts Jerome Aise
Moss Ry
Ray Hercules
Eula
Sly Bly &l
Southern Ry
Rex Consolidated Bly Bho
Peithc Hie Press
Rochester
Texas Co
Gs San Toy
Ers
Sil King of Ariz
Eis
Texas &Pig
Ind_ - Union Pac ny “i . ne Temiskaming
Tonopah
United Eastern
Uni Verde
West End
City At Lyons
Yukon Gold
A & H Ev
City of Marsee
den& R
Gimp i U
Daweg Cot
Oo Erie cv
City of Paris
Erie Galien
Erie Penn
Cease
Pwr & I
Elee Ah
Cac
Tokyo
Soeare
Hud & Man
Hudson & Man
Aaa Inc
Wabash Ist
Indiana Steel
Shore
Boston Curb
Bay State Gas
Black Hawk
Boston Ely
Boston & Montana
Butte & London
Calumet & Ok
Carson
Sace Ork
Champion
Con Arizona
Crystal
Denbigh
First National
Majestic
Nevada i As
Esens
Louisville Gas 2
Financial News Notes
Money Markets
Federal Reserve Bank
NANO
Pop Simne Scene
Tannett
Ward Dance
L. M. Holman & CO
State Street
Boston Curb Exchange
New York, N. Y
Notary
Commercial Credit Company
Cash Capital
Baltimore
Cincinnati
Philadelphia
Exchange Place
American Loco
Reading
Glenrock
Montani
Merritt Metropolitan Pe
Sapulpa
Houston Submarine Boat
Liberty Silver Big Ledge
U. S. Steel
Studebaker Island
Qil
Cosden
Con
Ranier Wright Martin Hecla
Silver King
Ariz
G.f.redmond & Co., Inc
John E. Allen
Trapshooter Ol Co
Thornton- Upton
Wyoming
Ohio Oi
Standard Oi Coe
Alert Oi
Clark & Curtiss
Exchange St
Besten
DERBY
HECLA
FENCX
Picardy Oil
Derby Oil
Picardy Drilling
Oklahoma
Kansas
Paolo
Kan
Sproul, Palmer & CO
Colorado
G. T. Loomis
Tremont Temple