Market Summary Shows Liquidation, Rebound, and Convertible Bonds Interest
Stock market reports a calm liquidation with initial declines followed by a rebound near open. American Telephone and General Motors posted losses while rail stocks show limited premiums with convertibles highlighted as attractive for diversification. Earnings from New Haven improve for September though nine-month surplus falls versus last year as rail finance policy discussion continues.
MENTIONED IN THIS ARTICLE
New Haven
Money Markets and Exchange Rates Report
Current prices show brokers and customers loans ranging from 4 to 54 percent with various loan types cited. Foreign exchange features brisk lire activity and roubles advancing. sterling rates quoted alongside Franc, guilders and other currencies in active interbank business.
MENTIONED IN THIS ARTICLE
New York
London
Federal Reserve Bank
Ry Wessee
Rediacoun
Ieee
Market Highlights Yesterday and Year to Date
Total sales in New York reached 823000 shares and Boston 18555. Bethlehem Steel A rose 5 percent to 78 in New York, while American Shipbuilding fell to 81. Boston Elevated gained 3 percent to 35, and United Drug 2d pref. dropped to 75. Year to date New York totals 209099246 shares and Boston 5617551. Compared with last year New York 171144697 and Boston 10241003. American Telephone led New Boston activity at 2218 shares in Boston.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
American Telephone
Bethlehem Steel
American Shipbuilding
United Drug, 2d Pref
United Aig
Hun U
Liberty Tenner
AT & SF
Serene Rees
Balt & O de Se
I Steee
See Are Gzige
Ery Aeenews
Eusaan
Ween
Eh Enae
Colt
Balt & O A
Beth Steel Rig
Asian Pwr
Serene Aeenee
Care
Ches & O
Anticus Ches & O
Yin Fee
Beaune N - Teleph
B&q
Sheene
B & Q Ill
Bordeaux
Lyons
Anil
Mil & St
Paris
Cmil
Pere Coll
Dain - Canada
Renee Waeeee
Pee Tae
Senor
Enna
Cmié
Pity
Brinks Seeene
Republic T & & S
Rio
West
Britain
Eris
Hudson & Man
Hudson & Man Texas Co
Nyc
Texas & P
Union Pac
Ailoul
Seenee
Lex & East Ry
Uae
ASA Sebad
Liggett
Mie
Midgal
Heer
Am Thread Co
Midi
West Shore
Elas
Wilson
New York Stocks Quotations and Net Changes
New York trading on November 9 shows daily high and low quotes for listed stocks with closing prices and net changes from the prior close. The report lists market activity across the major indexes and key issues closing with gains or losses.
MENTIONED IN THIS ARTICLE
General
General Motors
New York
Boston
Endicott Rejects Further Three Cent Wage Raise
The five cent raise granted earlier is deemed fair and reasonable by Endicott after careful study. He finds the Boston & Maine system financially distressed but rules against further increases, noting the seven cent 1917 total rise aligns with national rail wage trends and wartime living costs.
MENTIONED IN THIS ARTICLE
Fechner
Federation
Railroad
Mississippi River
United States
United States Bureau of Labor Statistics
Vance
Y M C A Work At Front Detailed By Crossett
Louis A. Crossett describes Y M C A activities on the western front in France and beyond. He notes daily order from Mohammedan services to sing songs at night, prison relief, and large-scale facilities in Paris and London with hotels for 500 men each and barracks for 10 000 or 15 000, plus transport and fuel costs. He cites allied commanders praising the work and appeals for public support.
MENTIONED IN THIS ARTICLE
France
Louis A. Crossett
Y. M. CO. A. War Council
New Old South Church
Paris
Crossett
Germany
London
U. S. Curtails Use of Electric Signs Across Nation
The fuel administration orders limit electric advertising to 2.25 hours per night to save coal, with a possible total ban. Small merchant signs may stay lit while shops are open but must darken at closing. Experts estimate 250,000 tons of coal yearly fuel signs, enough to warm 100,000 homes. The plan aims to protect essential industries and domestic needs while reducing rail freight and aiding munition and shipbuilding efforts.
MENTIONED IN THIS ARTICLE
Chili Copper
Broadway
New York City
Fuel Administration
Gas and Electric Service
Garfield
New York Stock Market Rebounds After Wide Liquidation
Substantial support, likely from banks, helped today’s market recover from yesterday’s swoon. Volume fell from the previous session, but many issues rallied 2 to 4 points with rails, steels, coppers, and war-related specialties leading gains. Bethlehem Steel and United States Steel closed higher, while bonds weakened and total sales reached 815,000 shares.
MENTIONED IN THIS ARTICLE
General Motors
Italy
Ruessiar
Dogat
United States Steel Corporation
Canadian Pacific
Louisville & Nashville
Norfolk & Western
Union Pacific
New York
Bears
Reading
Bethlehem Steel
United States Steel
Petrograd
Rome
Liberty
United States
Boston Market Closes Mixed After Gains and Cautious Rally
Stocks steadied with some recoveries led by Boston Elevated after a statement that dividends would continue while earnings justify. Boston & Maine lagged below 20, New Haven held near 23, Atlantic Gulf rose about 2 points. Traders await further on Foss liquidation and possible extra dividends next year as United Fruit and Swift & Co rebounded amid market nerves.
MENTIONED IN THIS ARTICLE
Boston
Boston & Maine
New Haven
Atlantic Gulf
Foss
United Fruit and
Swift & Co
United Improvement Endorsement of Mayor Curley
Boston readers note a reply from the United Improvement Association disputing a Boston Post report on Mayor Curley's re election endorsement. The letter outlines meetings proceedings with Lane Merrick and Noyes, stating Curley won endorsement 32 to 9 before adjournment at Meeting House Hill.
MENTIONED IN THIS ARTICLE
Post
Sir
Boston Post
Curley
United Improvement Association
B. C. Lane
F. W. Merrick
Lane
Merrick
Mr. Merrick
Mr. Noyes
Andrew J. Peters
Noyes
Jamaica Plain
Tgtia
Hill Imrovement Association
Poland
Patrick H. M’cur
Boston
Brockton Fair Posts Profit of 419 Dollars for 1917
At the Brockton Agricultural Society annual meeting the net profit from the 1917 fair was 419 dollars, far short of the promised Red Cross goal. Members voted to add 5000 dollars from the treasury, with 107000 dollars in gross receipts. Additional 500 dollar donations were approved for the Brockton Hospital and Visiting Nurses Association.
MENTIONED IN THIS ARTICLE
Brockton
Brockton Agricultural Society
Red Cross
Brockton Hospital and Visiting Nurses’ Association
Requiem Mass for Carney Hospital Friends
A requiem high mass will be celebrated Monday in Carney Hospital chapel for the repose of the souls of deceased friends and benefactors. Rev. P. J. Lyons will be the celebrant and St. Cecilia's choir of nurses and sisters will sing.
MENTIONED IN THIS ARTICLE
Friends of Carney Hospital
Carney Hospital
P. J. Lyons
St. Cecilia’s Choir
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Western Utah Extension Copper Company
Ashare
Western Utah Extension
C. L. Glass & Company
Scollay
Court Street
Mass
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Pittsburgh
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Goodrich Rubber
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Calgary
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Exchange Street
Tzer G. F. Redmond & Co., Inc
Devonshire St
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FE. Rothw
Money Markets
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CTS Sane
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Betseevastenetieneen
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Midwest
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Pierce Oil
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Seem Neem Nee
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Victoria
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Stock Exchange
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United Improvement
Brockton Fair