Business Boom Seen In 1917 Despite War Costs
The financial column reports a strong midyear boom in U S business driven by high demand for raw and finished materials. Bank clearings have risen dramatically since 1915, with 1916 and 1917 showing multi year gains and May 1917 hitting a new high in merchandise movement to the United States. Foreign trade also climbs, as the United States shifts toward creditor status postwar.
MENTIONED IN THIS ARTICLE
United States
Calumet Oil and Gas Seeks Investors Amid Production Rise
Notice states Mr. Beauregard Ross of The Calumet Oil and Gas Co will be interviewed by appointment until July 1 while returning to Oklahoma to supervise operations. The firm yields 80 barrels daily from two wells and plans rapid completion of additional wells on proven lands. Recent wells nearby produced 100 to 14,000 barrels per day. Offered is the unsold portion of the first allotment at 25 cents per share. Boston brokers Grastorf & Co promote strong profits.
MENTIONED IN THIS ARTICLE
Beauregard Ross
Calumet Oil and Gas Co
Oklahoma
Calumet
Hickman County
Trenton
Scott County
Tennessee
New York
Tennesee
C. D. Knapp, Jr., & Co
Points in Yesterdays Markets Lead New York Boston Totals
Yesterday activity shows New York total sales 795 300 shares and Boston 10 449 shares. Continental Can pref leads gains in New York while Studebaker shows a loss. Am Ag Chem tops Boston gains while Boston & Maine pref posts the largest Boston loss.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Pond Creek
Continental Can
Studebaker
Am. Ag. Chem
Boston & Maine
New York Market Closes Mixed as Rail Shares Lead Rise
Rail shares surged on expectations of higher rates from the Interstate Commerce Commission, with St Paul up 2 points on favorable crop prospects. United States Steel and related industries pressured by 1 to 3 point declines while motors fell more than 5 points. Central Leather jumped 2 percent on extra dividend news, Ohio Gas weakened nearly 7 points amid financing concerns. Total volume 810,000 shares. bonds weaker overall with Liberty bonds steady at par.
MENTIONED IN THIS ARTICLE
New York
Interstate Commerce Commission
St. Paul
United States Steel
Studebaker
Washington
Central
Ohio Gas
People’s Gas
Federal Reserve Bank
U. S
Panamas
Car Light
Curtiss Aeroplane
Central Foundries
Boston
Emerson Phonograph
Farlin Arms Aeeeeseveeves
New York Ship
New River
Swift & Co
Senate
Liberty L
Triangle
Wright Martin Oy
T& Td
Arnett
Amoskeag
Cosden & Company
Boston & Maine
Merritt Oil
Boston & E Hy
Met Pete
Midwest Oil Co
Butte
Midwest Oil Pf
Cal & Arizona
Okla Oil
Cal
Oklahoma O & G
Omar O
Steeeee
Sapulpa
East Butt Electric
Sinclair Gulf
Edison
United Western
Franklin
Fitchburg Pf. Rape Saeas
Vacuum O & G. Y
Petest Oeseses
I Creek Cpf
Eeteee Mining
Isle Royale
Amer Brit Col Shee Ecmerce
Eweenaw
Austin Amazon
Lake C
Amer Commander
Mason Acs
Atlanta
Joseaeenee
Mass Electric
Bingham
Bisbee Co
Boston & Ontan
Nevada
Bradshaw Copper
New Arcadian
Butte Copper
Butte & Weup Ciasseecesessr Troit
Nova Scotia St
Cresson Seas
Pond Creek
Quincy Mining
Emma
Ferber Pisce Errecevvere
St Mary's M Ld
Great Bend
Shannon Serres
Green Monster
Superior
Ae Hee
Holstone
Homestead
Hull Co
Tuolumne
Eereee
Hudson
United Fruit
Independence Lead Ma
United Shoe
Jerome Vi
UN Shoe
Eeseeee
Jim Butler
Kewanas
US Steel
Kerr Lake
US Steel Pf
Louisiana Gold
Utah Apex
Manhattan White Caps
Acnee
West End
McIntyre
West Union
Ty Mifford
Wyandot
Mines of America
Nixon Nev
Etenee A Leasing
Ohio
Portland
Eula
Rex
Rochester
San To
Silver Ck Be
Arizona
St Nicholas Zinc
Market Report Notes Irregular Trading and Key Moves
Boston market shows uneven activity with Boston and Maine up on light trades while New Haven slips. Massachusetts Electric climbs to 30 on earnings hopes under the 6 cent fare trial. American Agricultural advances on dividend speculation. Call money stays at 6 percent amid tight liquidity. federal reserves push to stabilize rates. Central Leather declares a $2 dividend but underwhelms expectations. Studebaker falls six points on weak auto sales, dragging other autos until General Motors recovers to end higher.
MENTIONED IN THIS ARTICLE
New York
Boston & Maine
New Haven
Massachusetts Electric
American Agricultural
Federal Reserve
Studebaker
General Motors
Also Mentioned on This Page
Kidder, Peabody & Co
Devonshire St
Wall Street
Baring Brothers & Co., Ltd
London
Europe
P. C. Journer
P. C
John C. Grastorf & CO
State St
Boston, Mass
Inter-Mountain
G. F. Redmond & Co., Inc
Devonshire Street
Fort Hill
American Public Utilities Company
Grand Rapids
Michigan
Pond Creek Coal Company
Boc
Was Company
Idera
Island Creek Coal Company
W. Batchelder
Island Creek Goal Company
Common Stock
Island Creek
F. W. Batchelder
United Fruit Company
Anc
John W. Damon
Hornblower & Weeks
Bankers
Providence
Congress Street
Detroit
Chicago
Bubky
United States Copper CO
America
United States Copper Company
C. B. Manville
H. W. Johns Manville Company
C. W. Moody
Milwaukee Western Fuel Co
Adam Gettelman
West Side Bank
Milwaukee
Jackson Agee
American National Bank
Silver City
N. M
W. L. Bliss
United States Light & Heat Co
Edward A. Uhrig
First National Bank of Milwaukee
Treasury
Paul A. Investment Securitie
Broad ST
First National Bank Bldz
Newman & CO
Underwriters JR
Copper CO
Rector
Pittsburgh
Holden
Fourth Aven
Pete
Delaware
Hickman
Scottsville
Irvine
Kentucky
U. S. Geological Survey
THE
Evening Mail
Francis S. Peabody
Coal Committee
Council of National Defense
Senate Public Lands Committee
Cortlandt
C.D. Knapp JR. & CO
Broadway
New York City
Motors
Heavy
Rnails
Pittsburg Coal and Central Leather
New York Market
Wright-Martin Aircraft Corporation
Wright-Martin
France
Russia
Devons
Ire St
Hill
Philadelphia
Bas
Ajax Rubber
Alaska
Allie- Chalmers
Lee Peleass
Hide & Ae
Amh&lpl
Sumatra
Tel & Ti
Atchison
Adg & Hi
Bald&Loco
Balt & Ohio
Batopilas
Beth Steel
Beth Steel Pf
Brunsch
Butterick Co Reas
Cal Pet
Cerro de Pasco
Ches & Chio
Enone
Chic & Alton Sess
CM & St P
CM & St P Pf
Chic & N' West
CRI & P Wi
Chino
Cluett-Peabody
Col Fuel & Iron
Colec
Tneces
Crucible Steel
del & Hudson
del Lack & W
den & R G
Boston Stocks
Har Corp
Int
Nickel
Cassesee
Paper Tee Scove
Kan City
Kelly Spring
Kennecott Pesce Vee
Lack
Lake Erie & W
Lee Rub & Tire
Lehigh Valley
Louis & Nash
Maxwell 2d
Mer Marine
Heviesee Aly i
Miami
Midvale
Minn
Y Central
Vt Az
Y Chie & St L
Y Dock Co
Nynh&h
NYO& W
Western
Pacific
Ohio Fuel
Pac Mail
Pennay
Phila Co
Pere Marqette
PCC & Stl
Pitts Coal Cifs
Pitts C
Pitts & Ee
Pitts & W Vapf
Prs Steel Car
Pullman Co
Rey St Spg
Ray Conseeeesees
Aos
Rep Iron & Sti
Rep
I & Stl Pf
Royal Tessues
St Louis & SF
St L&e SF Pf
St L So West
Savage Arms
Saxon Motor
Seaboard Air Pf
Sears-Roelck
Shat-Ariz
Sloss-Sheffield
Ted
Stude Corp of
Tenn
Cop & C
Superior Steel
Texas Co
Texas
Third Ave
Union Pacific
U Sci Pipe
U S Ind Alco
U S
Utah
Western Union
Westinghouse
W & L Erie
W &L Erie Pl
Willys-Over
Worth
P & Mac
Nivide
Industrials Open Gh. Low
Aetna Explosives Aan Eeneee
Amer Marconi
Eee Ene Ewnee Amer Reduction
Butterworth Judson
Carwen
Hav
Prev. Ee
Minneapolis
Cash Peer Casgereeesees
Duluth
Peewen Tees Nsas City
Scroledo
Winnipeg
James D. Gill
Tremont St
Bote
BAY State Film
Sharon
Mass
BAY State Film CO
High Street
A Eee
Shamr Tour
Yerrington Mountain
Net Ae Tap Capes
Bingham Mines
Boston& Ariz
Bos & Corbin
Boston Electro
Boston & Aoa
Cal & Jer
Champion
Colonial
Denbigh
Fortuna
Arizona Southwestern Copper
Boston Curb Exchange
John E. Allen & CO
United Verde
United Verde Extension
Calumet & Jerome
Jerome Verde
Gadsden
Verde
Frank
Smith&co
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