Money Markets May 23 Prices and Exchange Rates
Current prices show brokers and customers loans at 54 to 6 percent, year money 6 percent, and short term notes at similar rates. Foreign exchange rates steady with afternoon banker quotes: cables 4 76 16, demand 4 754. francs 5.70, guilders 48 %. Swiss francs 4 05. lire 9.06. pesetas 28. Argentine pesos 97.20. Net loss since last Friday totals $41,483,960 for the Sub-Treasury operations.
MENTIONED IN THIS ARTICLE
Kan City
Sone Aosalinr
Salt & Or
Lore Co
U_S
Ask Odie Midvale Steel
Taenee
Balt & Q-Pitts
Bat & O
Beth Steel
Ais
Montana Pwr
Eklyn
Eklyn U
Y Dock Co
Lack & W
Ches & O
Eeewee Or
I C B & Hei
Seers
North’ Pasifie
Baewee Cé
Dep
Pwr
Gt Western
L&esf
Sparta & N
RTS
Lyons
Seab
Mars
Col” Industri
Ceebas
Paris
Sinslais
Colum G & E
Cuba
Southern Ry
Sea
Erie Penn
U & Steel i
Hudson & Man Novem & Inc da
Oconee
Ai Steel
Intbo
Alaska
T&t
West Maryld
Wilson & Co
Juneau
Allis-Chalmers
Allis-Chalms
Ice & Lea
H & L of
Eo Corp
Sumatra
Tees
T& T
Inc
Sehen Eens
Tehison
Gulf & WI
B&o
Chic & Alton
CM & St
CM & Bt P
Chi RI & Pac
CRI & P
Cri&p
Pond Creek
Col Gas & Elec
Swift & Co
Col Fuel & I
West T & T Ds
Col & Southern
Canerenae
Erie Ist
Aise
Fed M & Smelt
Gaston W & W
Gen Electric
Amoskeag
Liverpool
AUG & WI
Haskell & Bas
Cal & Arizona
Cal & Hecla
Leather
Century Steel
Kennecott
Lehigh Valley
Daly-West
Davis Daly
East Butterly
Edison Miec
I Ett & M Pf
Fitchbur
Maxwell 1St
Mae
Lake Vale
Pacific Retewee
Keweenaw
Pacific Ees
Loews Theatre
Uit
Mason Valley
Mass Ewer
Old St Gol. Iz Dock Us
Miami
Ohawk
New River
Pere Marquette
Sharp Rise in Late Trading Led by Steel
A surge in late trading pushes the market higher led by steel shares while Telephone recovers to a new high. Most issues show small declines as elevated market features influence the session at the local exchange.
MENTIONED IN THIS ARTICLE
Sumatra
Market Highlights and Activity By City
Yesterday's totals show New York sales at 884000 shares and Boston at 26940. The most active New York issue was Steel with 314400 shares. Boston's was Boston Elevated with 6607 shares. Year to date New York totals reach 48453485 and Boston 1271076, versus last year's 81245000 and 3040758 respectively. Colorado Fuel led gains in New York, while Transue & Williams fell. Boston Elevated topped gains and Calumet & Hecla led losses in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Colorado Fuel
Sumatra
Transue & Williams
Boston Elevated
Calumet & Hecla
Market ends firm after Steel rally and broad lift
Downward quotes dominated early in New York trading on May 23 as War Board copper and war bulletin worries weighed. A late rally in United States Steel and other leaders lifted markets, with Steel up nearly two points to 1091 and a broad upswing in industrials and specialties. Sales reached 875000 shares with Liberty bonds showing mixed moves and old U S bonds steady.
MENTIONED IN THIS ARTICLE
New York
United States Steel
War Board
Rails
Washington
Baldwin Locomotive
Bears
Sumatra Tobacco
Colorado
Lackawanna Steel
Wilson Packing
Liberty
U. S
New York Stocks May 23 Closing Quotations
New York May 23 prices show high and low values for the day with closing quotations and net changes from the previous close. The report lists major issues and their movements, reflecting market activity on the session.
MENTIONED IN THIS ARTICLE
New York
Boston Stocks Report May 23 Closing Quotations
Boston market update lists high low and closing quotes for today with net change from the previous close. Stocks across sectors show varied moves as investors weigh earnings and economic data.
MENTIONED IN THIS ARTICLE
Boston
Copper prices hold despite early weakness and rail outlook
Markets firm late after fears of copper price rise failure and government control. Copper producers pressed for higher prices amid strong Steel earnings, while conversions of Liberty bonds create confusion about maturities and timing.
War Industries Board to Seize Steel Output
The War Industries Board announced an order to take over all steel produced in the country to meet government requirements, prompting initial market confusion but viewed as enforcing delivery to vital sectors. May steel industry earnings are higher than any month since the war began, with likely after tax earnings per share rising above 1916 levels unless tax law changes. President Williams of the Brooklyn Rapid Transit Company said the War Finance Corporation will review its 57 million dollar notes due next July, with April 1 dividends deferred while a refinancing plan is prepared, and a new 150 million dollar mortgage was approved to fund bonds issued in 1902.
MENTIONED IN THIS ARTICLE
Baldwin
Anaconda
Utah
War Industries Board
Congress
President Williams
Brooklyn Rapid Transit Company
War Finance Corporation
Market gains lift Elevated to year high as copper groups rise
Boston market reports a sharp rise in street railway issues with Elevated advancing seven points to a new yearly high of 72. Massachusetts Electric preferred also climbs as the House moves toward a new bill on the road, while Telephone gains 2.5. Copper shares rally as local producers resist price increases, and Waltham Watch Company shows earnings up 60 percent with $10 a share in balance for common. Michigan Copper outlines shipments of rock averaging 120 tons daily with 34 pounds copper per ton over four months to May 1.
MENTIONED IN THIS ARTICLE
Elevated
Massachusetts Electric Preferred
Waltham Watch Company
Commnion
Michigan Copper Management
Aerial Blows Against German Planes Reported in France
The French army and Allied squadrons claim heavy air activity from May 15 to May 18. Thirty seven German planes destroyed, 60 forced to land, eight balloons shot down, with 105 combats and 160 tons of bombs dropped on depots and towns. American Italian units participated in daylight operations on May 16. An impressive 120 aircraft flew at once during the night of May 15.
MENTIONED IN THIS ARTICLE
France
Associated Press
Allied Squadrillas
Leach & Co Wins Bid on Memphis River Terminal Bonds
A. B. Leach & Co. were the successful bidders for five hundred thousand dollars of Memphis Tennessee 5 percent River Terminal bonds. The bonds are a direct obligation of the city and secured by a trust deed on terminal properties to be built. A public offering will follow soon.
MENTIONED IN THIS ARTICLE
A. B. Leach & Co
City of
Memphis, Tenn
Governor Urges Action on Boston Dry Dock Completion
Governor McCall sent a special message to the House urging quick legislative action on the pressing Boston dry dock completion. He calls attention to the situation and says action as expedient is needed.
MENTIONED IN THIS ARTICLE
House
McCall
Boston Dry Dock
Ernest W Bowditch Passes at 68 Milestone Civil Engineer
Ernest W Bowditch of 236 Adams Street Milton died yesterday at his home in his 69th year. A civil engineer and landscape architect born in Brookline, he will be buried after a funeral at 2 30 Saturday afternoon.
MENTIONED IN THIS ARTICLE
Ernest W. Bowditch Wilks
Ernest W. Bowditch
Adams Street
Milton
Brookline
Coastwise liner suspended license in three months after East Hampton grounding
United States inspectors recommend suspending for three months the license of Howard E. Simmons third mate of the steamer Kershaw which went ashore at East Hampton Long Island. Findings were sent to the Department of Commerce and the US Supervising Inspector in New York. The liner was en route from Newport News and Norfolk to port. A United Fruit ship arriving yesterday carried 11 carloads of Canadian malt billed to Havana. Before the war Cuban malt came from Austria and Canada has since supplied it.
MENTIONED IN THIS ARTICLE
Haddock
L.cod
M.cod. Pollock
E. W. Nunan
James & Esther
W.m.goodspeed
Elizabeth Nunan
W. M. Goodspeed
United States
Howard E. Simmons
Kershaw
Easthampton
L. I
Department of Commerce
Newport News
Norfolk
United Fruit
Tropics
Havana
Cuba
Austria
Canada
Reward Offered for Arrest of Jeremiah A. O'Leary
United States Marshal Mitchell received Washington circular offering a $250 reward for the arrest of Jeremiah A. O'Leary president of the American Truth Society and publisher of The Bull. He is charged with espionage act violations and is a fugitive after forfeiting bail in New York. O'Leary is described as 87 years old six feet tall 165 pounds with heavy eyebrows dark brown bushy hair and a smooth face.
MENTIONED IN THIS ARTICLE
United States
Mitchell
Washington
Jeremiah A. O'Leary
American Truth Society
the Bull
New York
O'Leary
Also Mentioned on This Page
Boston Safe Deposit & Trust Company
Franklin
Arch and
Devonshire Street
Seneca Copper
Calumet & Jerome
Utah Metal
Daly West Ohio Copper
New Cornelia
James O'Brien & CO
New York Curb Market Association
Broad Street
Jas
THE
Ratner Securities Corp
Ratner
Broadway
New Haven
American Oil
Boston Montana
Homa Oil
Crystal Copper
Nixon Nevada Mexican
Pete Ventura
Midvale Ray Hercules Wright Martin Mother Lode Mass
Denbigh
Texana
Oil Butte
Detroit Jim, Butler Island Oil Davis Daly Hecla
Rochester
Aetna
Howe Sound
Atlantic Gulf Curtiss Aero Lake Torpedo
Glenrock
N. Y
State St
P. O
BAY State Film
Money Markets
London
Federal Reserve Bank
New York Funds
Treadoes
Treasury
TSE
Wick Bagassess
Mass
Aetna Wright Martin Rochester United Shoe Ranier Cosden Cresson
Emma Con
Butte
Detroit
U. S. Steel
Colorado Fuel Submarine Boat
Nipissing Ray Hercules
Kerr Lake
Amer
Tel & Tel
Canada Copper Hanover
Ohio Copper Rice Ol Midwest
G. F. Redmond & Co., Inc
State Street
Fort Hill
Onondago
B. H. Rosaler & CO
Broad St
Kilby
New York Market
Black Hawk
Bay State Gas
Boston & Corbin
Boston & Montana
Calumet Mont
Carson
First National
Wne
Nixon Nevada
Ohio
Ios
Ictoria
Low Close Rebnatt la
Burns Bros Iee Ee
Curties Aeroplane
Onograph
Lima
Maxim Munitions
Smith True
Mg United Motors
Op & Ae
Viake Morte
Anglo Am
Bos & Wyon
Amer Venture
En & Xs
Barnett Sees
Tenet
Cosden & Je Awe Nate É Lg
Cosden Seri
Elk Basin Pete
Ame Ee
Glenrook Seen
Cumberland
Federal Oil
Houston
Merritt O
Slan
Pete
Midwest Oil Com
Midwest Oil
Midwest
As Or & Okla Oil
Clea O& Oe
Okla Prod
Omar O
Okmu Teehee Ee
Pierce Oil Ee
Lapulpa
Sequoya
United Western
United Western New Thee Ee
Victoria
Atlanta
Oped Ete
Af Beaver
Montana
Florence
Globe Dominion
Great Bend
Independence
Eee
Kerr. Ee
Lone Ae Magma
McKinley Darragh
Montana Ee Aeee
Nat Ng Nixon New
Nipissing
North Star
Onondaga Sil
Ohio Copper News
Jerome Peterson Lake
Ge Ray Hercu
Rescue
Eula
San Teeee
Tonopah Extension
Tonopah Mining
United Eastern Gold
West End
Air Ladj
Pierce- Arrow
Pitts Coal Ag
Replé& Stl
E Arms Sear
Sla&sf Ist Pf
Saxon Motor Satae
Sears-Roebuck
Sloss-Sheffield
Southern Pac
P Rico Sug
Ark
Studebaker
Tenn
Cop & C
UN Pacific
Cig
Indus Alco
U S
U S Steel
Boston Stocks
Brooklyn Rapid Transit Financing
Pacific Mills
Plant & Cops
Reeve Aes
Santa Fe
Shannon
Ind
South Utah
Chicago
Wnoee CO
High Low
Aes
Financial News Notes
A. Mitchell Palmer
New York Cotton Exchange
New York City
New York Dock Company
Brooklyn
Jupiter
Saturn
Venus
Exchange Place
Bay State Film Co
High St
Boston, Mass
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