Boston Stock Exchange Securities Prices Report
Boston reports list of high low and last prices for securities traded, with comparison to the prior close. Includes bonds and New York stocks alongside Boston curb quotations.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 11, 1915
Page
18
Boston reports list of high low and last prices for securities traded, with comparison to the prior close. Includes bonds and New York stocks alongside Boston curb quotations.
October orders pushed United States Steel to a record surge in unfinished business with 6,165,000 tons on hand and daily intake near 79,200 tons. Analysts forecast a new peak in six months as war orders lift American Locomotive and related steel plays amid market volatility and renewed dividend actions.
The data show total sales in New York 1 249 300 shares and Boston 52 104 shares with Milwaukee St Paul P S S M up 6 percent to 120 percent as the greatest gain in New York. South Porto Rico Sugar falls from 17 to 110. Atlantic Gulf rises 3 to 33 percent in Boston while Calumet Hecla drops to 550.
New York market shows a clear line between standard issues and speculative shares with railways in strong demand while war shares slump. Bethlehem Steel falls to 400 with fire damage cited. United States Steel closes near its high as orders rise, and Southern Pacific and Canadian Pacific lead a late rally among railroads. Total trading volume hits 1,220,000 shares. bonds rise modestly on future sales.
Boston market shows steadiness as war stock liquidations proceed. Anaconda strength and copper optimism push copper, zinc, and lead higher. Copper Range dividend expected. Butte & Superior outlook cited with potential monthly earnings between $300,000 and $350,000 at a 6 cent zinc market.
Current quotations show call loans at 3 percent for broker customers and outside brokers. Commercial and collateral loans range up to 6 percent, with commercial paper at 3 to 4 percent. Year money at 4 to 4 1/2 percent. New York funds and exchange figures noted, with Sub-Treasury balances and gains on operations. The foreign exchange market is firmer with Sterling at 4.657%%, Francs 5.95, marks 8 1/2, guilders 4 1/7.
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