Market Decline Reflected in Yesterday's Trading
Daily totals show New York sales 585 436 shares and Boston 40 070. Mercantile Marine pref led New York activity with 111 300 shares while U S Smelting topped Boston with 6 550. Year to date totals: New York 58 895 393 and Boston 4 546 078. Major NY gain Lorillard. losses Mercantile Marine pref. Boston gains Atlantic Gulf. Mergenthaler drops.
MENTIONED IN THIS ARTICLE
New York
Boston
Mercantile Marine Pref
U. S
Lorillard
Atlantic Gulf
Mergenthaler
New York May 3 Comment on Foreign Policy Shifts
Commentary notes ignoring multiple factors including hopeful inferences about Washington's relations with Germany and Mexico. It discusses an increased division in policy outlook and potential shifts in approach abroad.
MENTIONED IN THIS ARTICLE
New York
Washington
Germany
Mexico
Market slides as investors digest global tensions and shipping losses
The day saw further impairment of quoted values in American Smelting and steel trade reviews amid a general market reversal. Early gains faded into liquidation as popular issues dropped, with rumors of German inter est stock distribution and Teutonic broker connections denied by brokers. Mercantile Marine shares led losses with preferred stock tumbling to 77 and common to 245 8, paid regularly on bonds.
MENTIONED IN THIS ARTICLE
Berlin
Market Summary Shows Mixed Bond and Stock Activity
Marine securities weakened in the afternoon after a statement outlining differences between bondholders and preferred stockholders in reorganization talks. Major munitions and steel issues declined while copper and certain steels held gains. total sales reached 685000 shares as bond selling influenced market tone.
MENTIONED IN THIS ARTICLE
Crucible Steel
New York Air Brake
American
Baldwin
Anaconda
United States Steel
Bethlehem Steel
United States
Atlantic Gulf stock compares with International Mercantile Marine
Boston market notes a mixed session with Atlantic Gulf, American Zinc, United States Smelting and United Shoe active but with little price movement. Atlantic Gulf common trades about 10 points above International Mercantile Marine, supported by strong earnings around 30 dollars per share and solid finances.
MENTIONED IN THIS ARTICLE
Boston
New York
Mexico
Germany
Atlantic Gulf
American Zinc
United States
United Shoe
International Mercantile Marine Common
Atlantic Gulf Common
Stockholders face assessment and copper company deficits
Algomah calls a $1 per share assessment payable May 18 with stockholders of record May 17. Michigan Copper reports a year end 1915 deficit of $117,000 versus $156,000 the prior year. Silver prices rise to 77.34 cents an ounce, boosting earnings prospects for copper, zinc, and lead producers. for instance a $0.25 silver rise adds about $1 per share to Bingham’s earnings.
MENTIONED IN THIS ARTICLE
Algomah
Michigan Copper
Bingham
Aetna Explosives
United Verde
Boston & Montana
Aetua Explo
Beaver
Bingham M
Bohemia
Boston Aziz
Boston Corbin
AC BS
Boston Ely
Boston & Mont
Butte & London
Caledonia
Cal & Corbin
Cal & Mont
Arizona
Copper M
Eagle & Blue B
Fortuna
Gold Lake
Humboldt
Mexico
New York Stocks Official Prices and Changes
May 3 report shows high low and close for New York stocks with changes from the previous close. Trading centers on market leaders and notable shifts across sectors.
Boston Stock Exchange Price Report May 3
Boston May 3 The high low and last prices of securities traded on the Boston Stock Exchange are listed with comparisons to the previous close. The report covers the day’s activity across major and minor stocks and notes shifts in values.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Champion
New Mexico
Richard J. Burton & Co
Court Street
Market Nervous Over German Note
Markets await the German note with cautious confidence as traders expect a favorable reply Thursday night. Industrial Alcohol and Mexican Petroleum show bullish lift while International Mercantile Marine and other war stocks weaken. Silver jumps to a record, American Smelting and Refining upgrades earnings with stable dividends, and Allis-Chalmers reports rising orders despite modest sales gains.
MENTIONED IN THIS ARTICLE
International Merccantile Marine
New York
Dividend Notice from American Zinc Lead and Smelting Co
The Directors of the American Zinc Lead and Smelting Company declare a dividend of 12.50 per share payable in new preferred stock at par. Each common share receives one-half of a $25 par preferred share, with payment on June 15 1916 to holders of record at close of business May 15 1916. 8s E Farwell Treasurer.
MENTIONED IN THIS ARTICLE
Tel & Tel
Amoskeag
Arizona
Gulf of
Cuban Port
Cem
Daly West
East Butte
Kerr Lake Weldsees
Keweenaw
la Salle
Mason Valley
Miami
Michigan Ag
Eng
Idria
Nya&n
Swift & Co
As Tamarack
Torrington Yi al St
Torrington Pf
Trinity
United Fruit
Utah Cop Co
Utah Met & Tun
Ventura Oil
West Ind Pf
Western Union
al Gis
Wolverine
American Smelting & Refining Company
International Mercantile Marine
Allis-Chalmers Manufacturing Company
American Zinc, Lead and Smelting Company
E. Farwell
Market Barometer Shows April Dip in Mohawk Mineral Output
A material drop in Mohawk mineral product occurred in April to 680 tons from 770 tons the prior month due to a shortage of underground workers, especially trammers.
MENTIONED IN THIS ARTICLE
Mohawk
Market rates and foreign exchange steady in brief
The article lists call loan rates from brokers and customers, commercial and collateral loans, commercial paper, and year money with percentages. It notes a steady foreign exchange market with actual banker rates for sterling, francs, marks, guilders and lire, plus New York and Boston exchanges and Sub-Treasury balances and losses.
MENTIONED IN THIS ARTICLE
New York
Boston
Sisees Ees
Sub-Treasury
Copper sale yields about twenty cents profit per pound
The Lake Copper Company sold copper at 3012 cents per pound, forecasting a profit near 20 cents per pound when delivery occurs next month. Wolverine produced 241 tons in April, down from 456 tons a year earlier. Algomah Mining directors set a $1 per share assessment due May 18 for holders of record May 17.
MENTIONED IN THIS ARTICLE
The
Lake Copper Company
Wolverine
Market list of bonds and preferred stocks
A compiled list shows various corporate bonds and preferred stocks with quantities or par values. Firms include Adirondack Electric Power, American Glue, General Gas and Electric, Norcross Bros, U S Worsted Ist, Parker Cotton Mills, and Sagamore Mfg among others, with holdings ranging from 5 to 100 units.
MENTIONED IN THIS ARTICLE
Adirondack Elec. Pwr
American Glue
Gray & Davis
New England Fuel Oil of
Sandusky
Fremont & So
General Gas & Elec
American Spinning
Dartmouth Mfg
Norcross Bros
Dayton Pwr. & Light
Columbian Nat'l Life Ins
American Investment See's
Com
Also Mentioned on This Page
NEW England Power Company
First Mortgage
Massachusetts
Massachusetts Board of Gas and Electric Light Commissioners
New England Trust Company
Deerfield
Somerset
New England
New England Company
Mercantile Marine
New York Market
Suawmut Bank
SAN Antonio Gas & Electric CO
American Light & Traction Co
Bodell & CO
Congress Street
Gold Cup Mining Company
Boston Curb Exchange
A. Sutcliffe & CO
State Street
New Jersey
N.w.halsey&co
Congress St
Chicago
San Francisco
George W. Sias & Co
Newport
Devonshire St
Fort Hillae
Barnett Oil & Gas Co
E. H. Clarke Investment Securities
William St
New York City
WASA
ZINCO
America
Makeever Bros
Journal Bldg
New York Stock Exchange
Slattery
Exchange Place
Alaska
Smelt & Roe
Steel Fury
To& SF
Atch
Baldwin Loco
Balt Ohio
Beth Steel
Brklyn Raper
Ches & Ohio
Chi& GW
Chim &S P
Chim & 8 P Pf
Chi& NW
Chi R1& Pac Ry
Tron
Col Fuel
Erie
Goodrich
Nor Ore
Butte Copper & Zinc
Greene-Canan
Bingham R
Hlinois Central
Bos Mont
Agr Corp
Agr Corp Pha Ting Iliby Tig
Int
Harvester
la Rose al Nl
Mer Mar Ct
Kerr Lake
Mer Mar
McKinley Dar
Pete Lake
Seneca Superior
Jewel Tea Co
Temiskaming Toly
Ray
First National Fists
Kan C Sou
Green Monster Peer Etie
Kelly-Sp Tire
Kennecott Cap
Granite
Lack Steel
Goldfield
Atlanta Vee
Lee Rub & Tetfs
Lone Star Rhesmeapetee
Lehigh Valley
Liggett & Meyer
Howe Sound Ae
Jerome Verde
Mg Hy
Lorillard Co. Ane
New Hills Ae
Miami Copper
Mo Pacific Rochester
Mont Power Co
Stewart
Mont Power
Nat Biscuit
St Joseph Lead
Na En & St Ov
Tuolumne Pere
Nat
Nevada
Pularesa
Ne Spa
NY Air Brake
Nynh&h
Cash Boy
NY Ont& W
Ile
Jim Butler
Derogens
Nor & Wes
Mizpah
Nor & West
Mon P’ He
Nor Ain
Fis
Montana Eaeer
Nor Pacific
North Star
Bly i
Pacific Mail
Pennath
West Kind
People’s Gas
Init
Philadel Co
Yuscarana Tg
Pitts Coal
Concen
Press Steel
Pub Ser of NJ
Sha Am Marconi
Aly
Ag& WH
Butler Chemical
Rumely Co
Chevrolet Motors
Grant Motors Moyle Ale
Inter Marine
Kresge
Studebaker
Lynn Phono
Maxim Mun
Midvale Steel
Texas Pacific
the Texas Co
Nevans Electric Ce
Third Ave Brig
Riker-Hee
Union Pacific Aly
Standard Motors
Union Pac
Triangle
US Light & Heat
U S
Cosden & Co
U S Steel
Cosden O11 & Gas Raa
Utah Copper
Eimpire
Pete le
Utah See Corp
Midwest Oil Com
Midwest Oil
Muskogee
West Maryland
Oklahoma
West Union
Sinclair Refining
Westinghouse
United Western
Wis Central
Victoria
Woolworth
Wayland O & Gas
Curb Mining
Boston Stocks
Ad Gulf
KC M&b
Sidney
Ohio
Marshall & Company Incorporated
Mass
Crystal Copper Company
Bas
Walter Harvey Weed
E. M
Paul A. Gow
Treasury
Bay Crystal
Bia de
Sferage
John E. Allen & CO. Stock Brokers
OLD South Trust CO
Devonshire Street
Boston & Maine
American Smelting
Ferdon Shaw
Braintree
William H. Coolidge
Kidder, Peabody & Co
Allis-Chalmers
American Zinc, Lead & Smelting Co
Aoee
Money Markets
Federal Reserve Bank
Financial News Notes
Ask For
Waltham Watch
Kirby Lumber
Batavia Rubber
Adirondack Elec
Pwr
U. Ss
Boston Telephone Main
State St
Pine
N. Y