American Woolen reports record earnings in 1916 and strong 1917 outlook
The editor notes the American Woolen Company’s 1916 report shows a standout year after a large depreciation charge. Surplus for common stock rose to 15.31 per share, with over 52 million dollars in unfilled orders and expectations of capacity operation through 1917. Earnings covered common dividends but left slim margins after a ten year view, while working capital rose to about 26.5 million and inventories dominate current assets. The outlook foresees another big 1917 surplus despite tariff uncertainties, keeping treasury strength in view but uncertain investment value for common stock.
MENTIONED IN THIS ARTICLE
American Woolen Company
Wood
Treasury
New York
Federal Reserve Bank
Federal Reserve Banks
Boston
Sane
Sub-Treasury
Sheen
Additions to Boston Mutual Board at Annual Meeting
At the Boston Mutual Life Insurance annual board meeting, Edward G. Graves and Charles H. Keith joined the board along with Robert Luce Seward Jones and W. J. Mandel. Dr. Percy G. Browne was elected medical director succeeding the late Dr. Frank K. Allard, with Dr. Carl B. Allard as assistant medical director. Patrick J. Lane became claim adjuster.
MENTIONED IN THIS ARTICLE
Boston Mutual Board
Boston Mutual Life Insurance Company
Edward G. Graves
Charles H. Keith
New England Box Company
Greenfield
Robert Luce
Seward Jones
Danvers State Hospital
W. J. Mandel
Cambridge
Eliot National Bank
Percy G. Browne
Points in Yesterdays Markets
Total sales and highlights from New York and Boston markets with shares traded. Cuban American Sugar leads gains in New York. Bethlehem Steel pref shows notable drop. Atlantic Gulf and Mohawk move in Boston with solid activity and losses noted.
MENTIONED IN THIS ARTICLE
New York
Boston
New Yorke
Steel
Atlantic Gulf
Met
Alaska
Juneau
Ht & L Pf
Eoceedeus
T & Tel
Puree Co Pf
Beth
Ria Cash
Beth Steel
Beth Steel Pf
Brunswick Ter
Burns Bros
Butte & Sup
Cal
Can ‘Pac
Cen Lea
CM & Bt P Pf
Pac Ctfa
Cal Fuel & Iron
Gaston &W +p hee
Close
Alaska Mines
Toma
Binghama
Bohemif
Boston Arizona
Boston & Mont
Butte & Lond
Cal Jerome
Cal Corbin
Arizona
Colonial
Crown
Eagle & BB
Earl Eagle A Co
First National
Wee
Darragh
Stock Market Rises Broadly After Congress Expiration
New York March 6 The stock market extended its advance after Congress adjourned with broad gains led by shipping munition and equipment shares. United States Steel Bethlehem Steel and copper issues advanced as rail and oil groups fluctuated. Total daily volume near 980000 shares with bond activity steady and international markets mixed.
Boston Market Gains Lift as Trading Surges Above One Million
Boston market activity pushed past a million shares with steady gains through the day. Leaders such as Steel and Anaconda climbed sharply before a late profit-taking pullback, while Central Leather Pittsburg Coal and International Mercantiles Marine led advances in specialties. Atlantic Gulf and United States Smelting rose strongly, Osceola gained on annual report earnings, and United Fruit and United States Rubber posted favorable indicators despite dividend policy and prior years’ strong results.
MENTIONED IN THIS ARTICLE
New York
Washington
Atlantic
Gulf & West Indies
Marine Common
United Fruit
Pacific Mail
United States Steel
Bethlehem Steel
Central Leather
Lackawanna
Great Northern
Lehigh Valley
Interstate Commerce Commission
Minnesota
International
United States
Pittsburg
International Mercantiles
Atlantic Gulf
Osceola
United States Rubber
Market Barometer: Daily Copper Averages and Extremes
Daily market note records average 20 active copper prices and notes a gain for the day. Mentions high and low points comparing to record levels in 1916.
MENTIONED IN THIS ARTICLE
Chicago
Rev
Minneapolis
Duluth
St. Louis
Kansas
Winnipeg
High Point
Low Point
Also Mentioned on This Page
Kidder, Peabody & Co
Devonshire St
Wall Street
Baring Brothers & Co., Ltd
London
Spencer Trask&Co
Cansei St
Albany
Espe
SS. AS
Aes
Koetablishen
Exchange Place
U. $ Steel
Utah
Anaconda
Kennecott Jerome Verde Chief
CONS
Eagle & Blue Bell
Copper Springs
Nevada
Douglas Tucson
Nixon Nevada
Truro Steel Ariz-Chloride
Temple H. Fay & Co
Boston Curb Exchange Stock Exchange Bldg
Savings Bank
Massachusetts
Connecticut
Vermont
Hornblower & Weeks
Congress St
New York Providence
Roit Portland
Central Leather and Marine Pfd
New York Market
Granby Sons
Kennecott
Ng Island
Mackay Cos
Manhattan
Maxwell
Eneaee
Mer Marine
Pet
Miami
Mo Pacific Wi
Ontana
Biscuit
BSS
NY Central
Nynh&h
Nor & West
Ohio
Wee Erebes
Pear Eer Isereeres
Pitts C. Ctrs
Eane
Renee
Studebak
Studebaker
Hg Ave
United Alloy
United
UBL
Nets
Beeke
Ite Motoreneee
Wilson & Co
Boston Stocks
Mar
tAm T&t
Eee
Maine
Cal & Hecla
Ino Coy
Conn River
Daly
East Boston
East Butte
Hancock
Isle Royale
Maine Central
McElwain
Mohawk
New Arcadian
NEC
Net&tel
New Haven
New Idria
New River
Nipissing
North Butte
Ee Eeee
North Lake
Old Dominion
Etesennee
Plant & Co of
Punta Alegre
Ray Co
Seneca
Santa Fe
Shannon
St Mary
South Lake
Superior
Swift.& Co. P & Boston
Torrington Aebneee
Trinity
UN Co
Unionific
UN & F
Wolverine
Wyandot
Calumet & Jerome United Verde Extension
United Verde Extension
Calumet & Jerome
NAN Verde Extension
Smith &Co
Ar A
Bonds
Baa Lee
Posit Be
Ul Baynts
Aris
Cosden New Ee
Cosden Oil
Mason
Midvale St
St Jos
United Matdow
Wright-Ma
Buckeye
Prairie O & G
Prairie Pipe
Cosden & Co
Len O & G
Merritt
Money Markets
Broad Street
Hovey, Kenny & CO
Boston and
Devonshire Street
Mass
Broadway
Unit Manufacturing Co
Amesbury
Martin & Co., Inc
Fort Hill
Sharon
Eve Long
BAY State Film
Bay State Film Co
E Street, B
Liverpool
New, Orleans
Cary T. Grayson
Navy
Senate
Wilson
Transportation Board
Senator Newlands
Joint Congressional Committee
Arronn Motors
Westminster
Copley Square
San Francisco
Hotel Westminster
Harroun Motors
O.W. Rowe
O. W. Rowe
Loomis & Riess
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