Market Wrap Reports Narrow Fluctuations in Early Trading
Strong opening gives way to fractional gains and losses across Atlantic Gulf and local lists. New York sales total 567 700 shares with steel leading at 179 100, while Boston shows Am Pneumatic 24 pref up one to 11 and Atlantic Gulf down to 106. Greatest gain in New York is D L W from 2 to 165, greatest loss Atlantic Gulf from 3 1/2 to 104 1/2.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Telephone
Atlantic Gulf
Am. Pneumatic
New York Market Opens Mixed on War News and Profit Takers
Prices rose early on a brisk opening as Teutonic front gains boosted sentiment but slipped into a mixed session with partial recoveries. Trading showed broad volume, led by United States Steel though closing with a small loss as profit taking and rumors weighed. Bond markets remained volatile with Liberty issues dominant in large dealings.
MENTIONED IN THIS ARTICLE
New York
Board Room
Washington
United States Steel
Steel Corporation
United States
Bond Market News From New York Curb Market
New York curb bond trading shows activity with notes on interest rates and supply. Traders watch yields as municipal and corporate issues circulate.
Market Opens Firm Then Dips On Rumors About a Single Source Selloff
Boston market opened firm in sympathy with New York after talk of German setbacks at Ypres. Soon a large block of stock sold by a few houses, possibly tied to one source, pushed prices down. Telephone hit new low for the year, Atlantic Gulf and Massachusetts Electric fell, light recovery later. Cotton rose after denial of a congressional bill to close exchanges, while Steel common fell slightly.
MENTIONED IN THIS ARTICLE
New York
Ypres
American Telephone
Atlantic Gulf
Massachusetts
Congress
France
Waterfront Calendar for May in 1369 War Year
May 1 marks day 391 of U S war and day 121 of the year with spring 42d day. Tides rise 9 ft morning, 7 58? ft evening. full moon on May 25, next on June 24 and July 23. Evening stars Jupiter Saturn Mars visible at sunset. morning Venus rises. Moon phases listed for May 10, June 5, July 8, Aug 6.
MENTIONED IN THIS ARTICLE
U. S
Jupiter
Saturn
Mars
Venus
Grain rate hearing postponed to August twenty ninth
The Interstate Commerce Commission ordered a postponement of higher rate schedules for interstate transport of grain seed hay and straw until August 29. The changes would have taken effect tomorrow.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Liberty and Bonds Rally Urges Support for Fighting Forces
Citizens are urged to wave the flag and back national defense by buying war bonds to fund military efforts and defend liberty from abroad. The call emphasizes patriotic duty and support for troops.
Eleven fishing vessels land near one million pounds at big pier
Two day totals reach 2 566 300 pounds with Haddock 14 to 5 cents and large cod up to 5 cents per pound. Longshoremen at Union wharf strike for a five dollar weekly raise and 65 cent overtime plus 5 cent Sundays. George W Clyde docked as 150 men walk out until wage increases were agreed.
MENTIONED IN THIS ARTICLE
Haddock
Metropolitan Line
Union Wharf
George W. Clyde
United States Steel Reports Strong First Quarter Earnings
United States Steel Corporation announces a $1.25 quarterly dividend plus $3 extra, keeping the annual rate at $17. Q1 earnings reach about $57 million or $7.25 a share after taxes, with March leading a rapid upturn that may lift 1918 earnings above 1917. Market value lags intrinsic value, as investors watch the war in France and a firm steel outlook.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Avril
United States Steel
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1916
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