Steel and Copper Rally Amid Record Stock Volumes
Trading surged with over 1.7 million shares daily as Steel common led with more than 400 000 shares. Copper issues followed, led by Anaconda Inspira tion Utah Copper and Miami Copper saw mixed gains as the market anticipated a strong crop outlook and a regular semi annual dividend from Atlantic Gulf.
Stocks Climb as Steel Leads Gains Rail Shares Lag
Steel stocks rise with 34 level marked by gains in other steel and copper issues. Rail shares echo a lag as Lehigh Valley and Delaware & Hudson remain weak while overall local markets strengthen.
MENTIONED IN THIS ARTICLE
Lehigh Valley
Delaware & Hudson
Market Report of Yesterday's Stock Activity
Yesterday's market totals show New York sales at 1,712,000 shares and Boston at 43,920. The most active issues were Steel in New York with 428,900 shares and Davis Daly in Boston with 4,580 shares. From Jan 1 1917 to date New York totals reached 84,068,500 shares and Boston 3,106,926. Comparisons show New York ahead of last year with 71,564,971 shares and Boston 5,351,761. Notable moves include Sears Roebuck gaining 734 to 174 in New York, C N W pref dropping to 153, Calumet & Hecla rising to 558 in Boston, and Old Colony R R falling to 116 1/4.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Davis- Daly
Sears- Roebuck
C. N. W. Pref
Calumet & Hecla
Colony R. R
Amer Marconi Aetna Explosives - Reduction
Abe
Emerson Phonograph
Everett Heaney Teen
Haakell Barker Tees
St Joe
Santeh Right Martin
Wright Martin Rites
Alooken Oil
Rene
Amer Venture
Atlantic Pete
Tener
Ease
Eee
Ewe
Whawee
Cosden & Co
Cosden
G Com
Elk Basin Pete
Federal Oil
Int Pete
Merritt Oil Free Eee Bewes
Met Pete
Mid West Oil Deenewee
Mid West Oil Se
Mid West Ca
Okla Prod & Ref
Penn Wyoming
Ace Gilfseaurevicesa Ceee Pel
Sapul
Watced O&g
Peoples Gas
Et Mining
Pere Marq
Ly Allen
Ila Co
Lorillard
Esse Teeee
Lorillard Pf
Boston Ee
PCC & St L
Bradshaw Ceres
Pitts Coal
Butte Cnew
Pitts C
Pitts & Va
Butte & Detroit Bane
Canada Pater
Arizona
Cresson
Rep A
Davis Daly
Dundee
Royal Xon Motor
St L
Fee Teeee
Ferber
Independence
Sinclair
Tenn
Cop&c
Ian
Sioene
Texas Co
Becerripe
Texas Pac
Manhattan
Third Ave
U S
Pitts Jerome Mee
Ind Aleo
Brac Sa Cen Ress
Ieepe
Reynont Mining
St Nee
Eee Wren
Tony
Ube Copper
Lee
Seneca Copp R
Ces Chem
Eee Eaee
Io Whine &C
Wells F Western
West Pacific
Western Union
Troy Arizona
Tuolumne
Epee Epee Eee
Westsho’ United Yao Gold
White Motor Neene i United Ene Gol
Unite Mines of
Aris
Wis Central
Yerrington Mountain
Woolworth Co
P & M of
Industrial stocks lead active New York market with United States Steel surge
New York market shows strong gains led by United States Steel which jumped to a new high of 134 before closing near the top. Strong activity spans equipment, metals, shippings, oils and other issues with heavy daily turnover and broad participation from commission houses and interior centers.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Steel
Delaware & Hudson
Sears-Roebuck
Union Bag & Paper
New York Stocks Quotation Snapshot May 25
New York stocks show high, low and closing quotations for today. Net changes from the previous close are noted for each issue.
MENTIONED IN THIS ARTICLE
New York
Boston
Boston Stocks May 25 Highs Lows and Net Changes
Boston May 25 stock quotes show daily highs and lows with net changes from the close. Market movers include leading securities and averages, reflecting gains and losses across sectors.
Bond Market News From New York May 25
The May 25 bond market report from New York shows daily bond transactions on the Stock Exchange. Listings include Balt & of ($500) 100 Balt & O and an overprint on Lake.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Boston Market Sees Copper and Marine Shares Rally
The New York market lift in copper and marine issues spurred life in Boston listings. Copper Range United States Smelting and zinc stocks rose to multiweek highs while Boston Elevated jumped 4.5 points to 72 amid hopes for transport relief. Alaska Gold hit a new all time low, and United Verde Extension expanded copper output to 60 million pounds this year.
MENTIONED IN THIS ARTICLE
New York
Atlantic Gulf
United Fruit
United States
Boston
McCall
Cambridge
Alaska
United Verde Extension
Money Markets and Exchange Rates May 25 Summary
Market rates show customers loans at 4.4 percent, outside brokers 4 percent, customer commercial loans 5 to 6 percent, and collateral loans 5 to 6 percent. Commercial paper 5 to 5 1/2 percent, year money at 5 percent. Bar silver in New York at 45.5 cents per Mexican dollar base 55. Federal Reserve adjustments for paper and rediscount terms issued. Clearing House balances and Sub-Treasury credits reported. exchange market steady with sterling cables at 4.7614, demand 4.755, francs 5.72, guilders 4.144.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
ANE
Bashan New Ok Tumor Es Gbs Orcs
Treasury
Attempt on Kerensky Denied in Petrograd News
Report from Petrograd dated May 25 via London states an early week attempt on War Minister Kerensky’s life is without foundation. No details of any attacker or motive are provided.
MENTIONED IN THIS ARTICLE
Kerensky
Petrograd
London
Beebe Joins Metropolitan Trust Company Board
J Oliver Beebe of Lucius Beebe and Sons is elected to the board of directors of the Metropolitan Trust Company signaling continued influence in orbital corporate circles.
MENTIONED IN THIS ARTICLE
Financial News
J. Oliver Beebe
Lucius Beebe & Sons
The
Metropolitan Trust Company
Navy Seeks 2000 Doctors to Support War Strength
Washington May 2 The navy seeks 2000 additional doctors to provide medical care for 250000 men in war strength. An equal number of hospital apprentice recruits will be needed within two months, with 377 men authorized for a June 2 examination. The last exam yielded eight qualified.
MENTIONED IN THIS ARTICLE
Washington
Navy
Naval Establishment
City Hall Influences Spoiled His Bonding Business
Testimony at the public investigation into Fitzgerald’s city bonding practices recounts contractors urged to bond with Fitzgeralds company. Mayor Curley is accused of political motives while City Auditor Mitchell confirms the mayor asked him to award a $75,000 bond to National Surety.
MENTIONED IN THIS ARTICLE
Nolan
Finance Commission
Fitzgerald
William J. McGlinchy
Public Works Department
J. Alfred Mitchell
Curley
National Surety Company
Fitzgerald's Conoera
Massachusetts Bonding & Insurance Company
McGlinchey
Pitzgerald
William Biggs
State Street
Frank Daly
National
James Ford
Austin & Ford
Edgestone
Lord
Doherty
Ford
Boston
Fitz
New Amsterdam Company
Baltimore
New Amsterdam
Home Office
Lombard & Co
John Grady
Hurlburt
Murphy
Grady
Linn McKee
McKee
Maryland Fidelity & Deposit Company
Velie Motor Company
Quinn
Commission
James P. Dwyer
Roslindale
Alfred J. Hickson
Hickson Electrical Company
City Hall
Robert K. Rogers
Metropolitan Coal Company
Walter Key
City Supply Department
George J. Murphy
Pettingell-Andrews Company
Joseph Sprissler
Roxbury
Sprissler
Frank P. Fay
Standard Oil Company
Hersey Manufacturing Company
Francis C. Hersey
Mitchell
Mayor Curley Says Finance Commission Pursuing Vengeance
Mayor Curley issues a statement criticizing the Finance Commission's public hearing on the city's bonding and insurance business. He argues the hearing is political retribution, notes annual bonding premiums around $4000, and disputes claims of $1,000,000 in annual business. He states rates from National Surety remain fair, rejects budget cuts, and accuses the commission of dishonesty and bias.
MENTIONED IN THIS ARTICLE
Curley
New Hampshire
Finance Commission
National Surety Company
Thomas J. Nolan
Henry F. Hurlburth
Fin. Com
Commission
Boston merchant listings and services in a mixed classified snippet
A fragmented OCR shows several business notices. Items include a heavy caravan grocery delivery in Portland with storage at People’s Storage Warehouse, plus contact details. coin dealer seeking old coins in Boston. a licensed woman detective in Boston. a paper hanger and paint supplies advertisement. various address references and prices.
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Denver and Rio Grande Railroad Co
Bankers Trust Company
District Court of the United States
Southern District of New York
Denver and Rio Grande Railroad Company
Equitable Trust Company of
Western Pacific Railway Company
Denver & Rio Grande
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Bertram Cutler
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Utah
Minerals Separation Company
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Ing
Miami
America
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Kennecott
Talon Pacific
Erie
Colonial Gold Cup
American Oil
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Investors Pocket Manual
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Temple H. Fay & CO
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Cal
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Crucible Steel
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den & RG
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Har Corp
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T L New
Trig
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Nor
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Portland
Mere
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Norfolk Ave
Lnc
WM. Hesslein
Pa Treen
Abe St
G. L. Oakes
Carney
SS Ae
Green St
Pape
Vna