New York Stocks Quoted With Daily Highs Lows and Changes
New York May 18 following are the high low and net changes from the close: previous session figures show the market movement across major issues with gains and losses recorded for the day.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 19, 1917
Page
10
New York May 18 following are the high low and net changes from the close: previous session figures show the market movement across major issues with gains and losses recorded for the day.
Dividend of 91.12 percent per share on Serena Gas capital stock has been declared at an annual rate of 9 percent. Payable July 2 to shareholders of record at close of business, TPNE and Webster serve as transfer agents.
Stock market slows after House vote to retain retroactive 1916 income tax. Major moves in New York and Boston show declines across steel, Atlantic Gulf, and railroad issues. Marine stocks feel pressure from London talks on shipping profits. motor shares hit new lows amid proposed taxes.
Time worn peace rumors and a retroactive income tax measure triggered a market pullback in New York. Big losers included General Motors and several auto makers while United States Steel, Westinghouse, and shipping issues showed mixed results amid a 93,000 share day.
Boston market shows broad trading but no strength as Atlantic Gulf falls with marine issues. Boston Elevated declines to 67 and New Haven slips near a point despite rail strength. United Shoe prepares an extra dividend yet trades below recent highs. Mass Gas earns 20 a share in April while gas firms show losses. Coal profits exceed losses, American Woolen benefits from army orders and surging wool prices.
Boston embraced the Liberty Loan as the city invested $500000 in war bonds through the municipal sinking fund. The Boston Chamber of Commerce subscribed $177600, with Mayor Curley donating $1000 and Abie Koupchik, a chamber messenger boy, buying a $50 bond aided by patrons. Moulton Cox of Melrose, about to enter college, also purchased a $50 bond after saving to contribute.
Boston investors and merchants mobilize for the Liberty Bond issue with a $300 million New England target. The campaign marshals wage a statewide effort led by the Massachusetts Public Safety Committee, with postings, rallies, and a strong showing from Boston grain and hay dealers contributing to a $177,000 rally and plans for a broad sale to small savers.
President Wilson held an hour long conference with Senators Gallinger Lodge and Knox, three Republicans, who declined to discuss the visit's object. They had criticized administration policy but did not pledge partisan opposition, and Wilson was hopeful major war measures would avoid strong Senate opposition.
The Institute of Technology announces the retirement of Professor Charles Robert Cross Thayer professor of physics and names Professor Edwin B. Wilson as his successor arriving from the mathematics department.
Private Leo F. Donovan of the Ninth Infantry narrowly escaped death when a work train on the Midland trestle at Readville backed and forced him to jump twenty feet to the Providence division tracks below breaking a leg. He was taken to City Hospital. Donovan lives at 58 Putnam Street Somerville.
Howard McRea of Cambridge fought Billy Nixon of University City to a 12 round draw at the Commercial A. C. last evening in a bout noted for fire and clever work. Al Gerard substituted for Joe Stanton and beat Pat Owens in 10 rounds. Joe Flynn defeated Frank Repetto in six rounds. Larry Costelo stopped Young Powers in two rounds. Tommy OToole knocked out Young Doro in two rounds.
A nine vessel fleet arrived at the South Boston Fish Pier easing fish shortages. The Buema delivered 45,000 pounds of tilefish plus 3800 pounds of hake 12,000 pounds of scrod and 5000 pounds of cusk with prices falling from Thursday. The Tampico carried 2800 tons of coal from Virginia earning a new high rate of 6.25 per ton. The Melissa Trask was sold for 10000 to Benedict Trading Company for West Indies trade.
In the longest high school game on record at Lexington, Lexington High School defeated Arlington High School 3 to 2 after 14 innings on the Lexington Athletic Field yesterday afternoon.
Seton Hall toppled Boston College 3 to 1 at University Heights yesterday. Mayo dominated BC batters, allowing only two hits, while Eddie Boyce pitched well for BC as a rookie southpaw.
Ullman delivered the decisive homer with the bases loaded in the first as Seton Hall beat Boston College 3 to 1. O Grady and Sullivan contributed key hits, while McLaughlin and Ullman added runs in the fourth. Gildea made a highlight throw and set the matinee tempo. Attendance reached 700 with 11 innings played.
The Armory A A plans a new boxing format with a 12 round feature at the Grand Opera House tonight featuring George Alger of Cambridge and Terry Brooks of West End. The card includes a 10 round semi and two six round prelims as the club experiments with summer events.
New York defeats Detroit 7 to 3 as Frank Baker drives in the winning run in the ninth with the bases loaded. Baker and Nunamaker key the rally. Detroit suffers a fourth straight loss. Dauss wild on four walks and two hit batters. Mogridge allows seven hits and one run through nine. Umpires Hildebrand and O Loughlin. Time 1h 48m.
Chicago May 18 President Comiskey of the Chicago Americans denies reports he is negotiating with William Carrigan former Boston manager to supplant Rowland. He says he is satisfied with Rowland and not considering any change.
The Universal Spiritual Church in Huntington holds Sunday services at Huntington Chambers Hall led by Pastor and psychic Frederick Nicholson. A 2 50 discourse precedes spirit messages and a 7 30 seance with a special message. Come once and you will surely come again. Proof beyond a doubt at there.
Lathe hands skilled in micrometer work and screw machine operators for small parts wanted with steady work, good pay and advancement. American citizens preferred. The Holtz er Cabot Electric Co seeks reliable applicants. U S Army goods and supplies hiring. $5000 to $10,000 at 8 percent. Real estate offered in Boston. employment possible for the right party with funds and character.
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