Market Review And Outlook Pushes Industrials Higher
The market rose to the highest levels since January with industrials and copper leading gains while rails stayed near recent levels. Profit-taking followed the February rise, but prices advanced again by week end as sentiment improved with peace of mind over the US arming merchant ships and greater naval readiness. Federal Reserve revisions also supported optimism for continued prosperity through year end.
MENTIONED IN THIS ARTICLE
United States
Wilson
Federal Reserve
Board backs foreign investments amid gold surplus
The Reserve Board withdrew the admonition against foreign government bonds and urged banks to use the surplus gold to fund foreign investments. The move boosts market confidence by signaling improved money conditions from gold imports and pleasing big bankers, who expect foreign loans to lift U S goods demand while reducing gold withdrawals. Steel mills run at capacity with unfilled orders near record highs, supported by strong prices and commodity demand.
MENTIONED IN THIS ARTICLE
Europe
Reserve Board
Dividend notice for American Woolen Company stock
American Woolen Company announces a dividend of 1.75 per share on Preferred and 1.25 per share on Common stock tostockholders of record March 16 1917. Transfer books close March 16 and reopen April 2 1917. WM H Dwelly treasurer Boston March 6 1917.
MENTIONED IN THIS ARTICLE
WM. H. Dwelly
Boston
Mass
Dividend Notice Declared by Mid-Continent Consolidated Oil
Muskogee Oklahoma March 6 1917 the board of directors of the Mid-Continent Consolidated Oil and Utilities Corporation declares a dividend of 10 cents per share on all a stock payable March 31 1917 to stockholders of record March 15 1917 secretary A B Nelson
MENTIONED IN THIS ARTICLE
Muskogee
Oklahoma
Mid-Continent Consolidated Oil & Utilities Corporation
Nelson
Market rally amid inflation fears and war outlook
The piece analyzes stock gains of 10 to 20 points as inflation from gold imports looms, with talk of a market pullback or continued rally. It notes bears may short-sell into a secondary bull move and cites improving industrial activity and mild war-risk optimism as the backdrop to a cautious yet bullish outlook.
Answers to Inquiries Column For Boston Post Readers
Readers will send questions on New England stocks and bonds to the Boston Post. The column promises impartial data from trustworthy sources but does not guarantee accuracy or market predictions. Inquiries must include full name and street address for attention by the financial editor at Boston Post, Boston Mass.
MENTIONED IN THIS ARTICLE
Boston Post
New England
Post
Financial
The
Inquirer
Boston
Mass
Steel common stock valued as a strong investment
Prices of steel products are at record highs and apply to all future deliveries. The Steel Corporation maintains conservative dividends and equity growth, with many viewing common stock around 100 as a solid buy. Estimated earnings may exceed last year, with projections up to 75 dollars per share for the year and a potential 12.56 dollars per share over 1916 and 1917.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Great Atlantic & Pacific Tea Company
New York
New Jersey
Preferred
Answer
United States Industrial Alcohol Company
Distilling Company of America
Republic Distilling Company
Wood Products Company
Brooklyn
N. Y
New Orleans
Cuba
Farrell
Gary
Steel Corporation
Playground programs urged to deter youth crime
Colonel Cyrus A. Adams and Dr. Willis P. Odell urged church and community groups to boost recreation for young men to cut crime. They linked intoxication to crime, citing 179,000 arrests in the Commonwealth last year and 108,000 drunkards, blaming open saloons for ongoing issues.
MENTIONED IN THIS ARTICLE
Cyrus A. Adams
St. Mark’s Church
Brookline
Adams
Willis P. Odell
Colonel Adams
Commonwealth
Arlington High School selects new athletic association treasurer
Fred J. Long is elected treasurer of the Arlington High School Athletic Association to replace George J. Cross, who has left for the Mexican border with the First Corps Cadets where he serves as lieutenant.
MENTIONED IN THIS ARTICLE
Fred J. Long
Arlington High School Athletic Association
George J. Cross
First Corps
Inspiration for France from Wilsons policy praised
Paris March 11 Albert Thomas minister of munitions told the Associated Press that President Wil sons declarations provide a moral refreshment for France. He said America will renew flow of supplies and extend essential credits as it enters the war. Thomas added US cooperation in submarine pursuit transport and money would shorten the war and inspire France with an American contingent.
MENTIONED IN THIS ARTICLE
Paris
Wilson
France
Albert Thomas
Associated Press
America
Congress
Germany
United States
M. Thomas
Fire damages South Station booth in train wreck
A cigar lighter locked up in a news stand booth at South Station caused a fire when a train backing past a bumper crashed into the shed gate. The car struck the booth, started a blaze, and the wreckage spread quickly, prompting an early alarm and several hundred dollars in losses.
Man drinks cocoa then injures self in public crisis
Ed ward Higgins of 7 Thurston street East Boston ordered and consumed ten cups of cocoa in a Sara toga street lunch room near midnight. He pulled a public safety item from his pocket and was hurt through the head as the incident occurred. passersby noted the event as instantaneous.
MENTIONED IN THIS ARTICLE
Saratoga Street
Edward Higgins
Thurston Street
Boston
Amherst Adopts 255 Belgian Babies in Flemish Relief
Amherst Mass marched to aid Velm Belgium as 255 babies were adopted by the town today pledging 255 dollars a month for a year. Captain J F Lucey of the American Commission for Relief in Belgium led speakers with Dr Owen R Lovejoy and President Kenyon L Butterfield also addressing the gathering.
MENTIONED IN THIS ARTICLE
Amherst
Mass
Velm
Belgium
Ray Stannard Baker
J. F. Lucey
American Commission For Relief In
Owen R. Lovejoy
New York
Kenyon L. Butterfield
Massachusetts State Agricultural College
The Gibson MONAUTO $100 car A bold U S investment pitch
In 1916 the U S produced 2 16 million motor vehicles worth over 1 5 billion dollars. the MONAUTO, a 50 pound lightest car, is pitched as a universal mass market machine. The letter touts profits, navy endorsement, and near monopoly potential for investors, urging immediate large stock purchases.
MENTIONED IN THIS ARTICLE
America
United States
United States Navy
Score
Gibson Mon-Auto Company
Hugo C. Gibson
Mr. Gibson
Also Mentioned on This Page
Victory
Dominion of Canada
OLD Colony Trust Company
Bond Department
Massachusetts
Western & Southern Associates
William Minot
Richard M. Saltonstall
Russell Tyson
Tucker, Anthony & Company
State St
New Bedford
Providence
Portland
New Hoffman Company
Charter
New Hoffman
Goose Creek
Texas
Republic Production Company
Gulf Production Company
C. T. Rucker
Humble
Proewans
Houston
First Hoffman Oil Company
Field
Henry H. Hoffman
Humble Field
Humble Oil Company
Rony Illustrated
Coiama
OIL Securities & Investments CO
William St
Lantoane Rene
T. J. Bonney
Oliver Ride
Mills St
Great Atlantic & Pacific Tea
Malden
Ww. B. W
D. R. J. Manchester
N. H
B. J. B. Dorchester
American Woolen Company
Massachusetts Corporation
Canada
Dominion Securities Corporation
King Street East
Toronto
Montreal
London
U. S
South Station
E.C. Potter & Co
Congress Street
F.G. Roberts & CO
N. Y. Consolidated Stock Exchange
Boston, Mass
Mon- Auto
Marine Corps
Frank E. Evans
M.C
Navy
Davia
United States Army
Signal Corps
Mon-Auto
West 125Th ST
Gibson Mon-Auto Company, Inc
Broadway, New York
Gibson Man-Auto Company
Gibson Monauto CO
Broadway
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