Freight car shortage looms amid rail and steel demand
Signs of a booming economy spark expectations of a freight car shortage as idle cars shrink from 327000 in April to a 26239 surplus by November. Steel expansion, textile revival, and market reforms also shape a busy industrial landscape with dividends and new trading methods under consideration.
MENTIONED IN THIS ARTICLE
New England
Pacific Mills
Market activity yesterday in New York and Boston shares
Total sales in New York were 934 300 and Boston 74 230. The most active New York issue was Steel at 139 800 shares and Boston issue U S Smelting at 16 585 shares. For Jan 1 1915 to date New York totals 151 154 700 shares and Boston 10 321 401 shares. Compared to last year New York 46 500 900 and Boston 3 268 807 shares. Largest gain in New York Willys Overland rising 10 to 243 while Brown Shoe fell 2 to 43. In Boston Greene Cananea fractions gained 3 to 41, Atlantic Gulf fell 114 to 3034.
MENTIONED IN THIS ARTICLE
New York
Boston
U. S
Willys-Overland
Brown Shoe
Greene-Cananea
Atlantic Gulf
New York Stock Exchange
Alaska
Juneau
Am Smelt & R
Am Smelt & R Pf
Eee Eeeae
Tel & Beg
At&s
Baldwin Loco
Ohio
Beth Steel Teeeenee
Bklyn RT
Brklyn U Gas
Brown Shoe Co
Brunswick Ter Ee
Butte & Sup
Butterick
Cal Pet Corp
Pacific
Cm&s
CM & SP Pf
Crirp Ry
Chino Co Pee
Erie
Norre
Inter
Enee
Agr Corp
A Corp Pt
Farvester
Inter Nickel
Sou Pf
Lehigh Valley
Tt & Mey
Lorillard Co
Mex Pet Co
Miami
Minn & SL
Mont Power Co
Mont Power Pf
Cloak & Suit
Nate&s
Nate & Spf
Nevada
Nc&sl
NY Ont&w
Nor & Wes
Nor Am
Hee Ee Ene Ee
Nor Pac
Peer Eas
Pacific Mail Sae Eee
Penn
Philadel Co
PCC& SL Benen
Pitts Coal
Preas
Pf. Co
Pub Ser of
N J
Pullman Aee
Uicksilver Wee Eens
Icksilver Pf
Ry St Spring
Ray Con
Rep I & Steee Eee
Rock Island
Rock Island Pf
Baumely Co
St Lou& Sn F
St L& SF
Seaboard Air L
Seab
Sloss-Sheff
Sloss-Sheff Pf
Porto R
Studebaker
Texas Pacific
the Texas Co
Third Ave
Enon
Sl&w
Baersteseees
Union Pacific
US Steel
Utah
Casediaers
Virirc &C Seeeae
Wells-Fargose
West Maryl
Renee Dee
W Ma PLC
West Union
Westinghouse
Rt Dows
Wis-Overland
W& LE
Wis Central Ee
Woolworth See
Woolworth Pf
Porree
Tiagt
New York Market Sees Mixed Gains in Nov 12 Trading
Market sessions featured dull trading with professional activity and pockets of strength in war shares and base metals. Notable advances included Willys-Overland, Studebaker, Baldwin Locomotive, United States Steel, and Anaconda, while overall volume showed 977000 shares traded and U. S. bonds unchanged.
MENTIONED IN THIS ARTICLE
New York
Willys-Overland
Studebaker
Maxwell Common
Baldwin Locomotive
New York Air Brake
Crucible Steel
American
United States Steel
Anaconda
Allis-Chalmers
Colorado Fuel
Texas Company
Cuba- American Sugar
South Porto Rico
United States
Union Pacific
Bethlehem Steel
London
U. S
Copper stocks hit new highs as Anaconda leads
New high marks for copper stocks on the local exchange with Anaconda at a yearly peak and expected gains ahead for Steel common. Reports cite booming steel prices, strong producer earnings, and a tightening metal market including Nichols refinery shutdowns and rising London lead quotes. Copper Range, Quincy Mining, and East Butte show strong earnings, while United States Smelting grows earnings across copper, lead, and zinc.
MENTIONED IN THIS ARTICLE
Boston
Anaconda
Steel Common
Amalgamated
Nichols
London
Quincy Mining Company
East Butte
United States
Bond Market Active in New York Trading
Trading was active with an optimistic spirit as investors focused on Baltimore & Ohio New York Central and Pennsylvania issues. The day featured varied prices on rail and industrial bonds with totals showing $6,027,000 in sales compared with $7,717,000 yesterday and $7,020,000 last week.
MENTIONED IN THIS ARTICLE
New York
Baltimore & Ohio
New York Central
Pennsylvania
Distillers
Mercantile Marine
American Smelting
Wabash
Boston Stock Prices Reported for Nov 12
The Boston Stock Exchange lists the day’s high, low and last prices with comparison to the previous close. The report outlines securities traded and notable movements across sectors.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Foreign exchange market steadies in afternoon bank dealings
The money markets report a fairly steady exchange scene with actual business among bankers. Sterling-Cables quoted at 4.6614 dollars with demand 4.652. francs 5.99. marks 8 119. guilders 4 11 9%. lire 6.45.
Market Pulse Signals Record Copper Demand and Tight Supplies
Copper, spelter, and lead face unusually brisk demand with thin supplies. London prices buoyant at 19 1 4 cents per pound. U S delivers may carry 18 3 4 cents for early 1916. Straits tin around 40 cents. other metals quoted in New York market.
MENTIONED IN THIS ARTICLE
London
New York
Fireman Escapes From Prinz Eitel Friedrich
Norfolk Va November 12 The escape of a fireman named Thiery from the interned German auxiliary cruiser Prinz Eitel Friedrich was reported to Rear Admiral Beatty. The man is believed to have eluded the marine guard by sliding down the ship’s anchor chain and swimming to shore beyond the yard limits.
MENTIONED IN THIS ARTICLE
Norfolk
Thiery
Beatty
Norfolk Navy Yard
De Kay Remanded in Bow Street on French Arms Fraud Charge
John Wesley de Kay of New York was remanded in Bow Street police court on a charge of fraud in France connected with rifle supplies to the Belgian government. Bail denied. An agent, Charlier, arrested in France. De Kay born near New Hampton Iowa. author and club member. He previously led the Mexican National Packing Company and went to Europe in 1914 to buy arms for Huerta's government.
MENTIONED IN THIS ARTICLE
London
John Wesley de Kay
New York
Bow Street
France
de Kay
Charlier
New Hampton
Iowa
Boston
Mexican National Packing Company
Mexico
Europe
Huerta
Missionary Francis H Leslie Poisoning Death in Corfu Station
The Rev Francis H Leslie a Northport Michigan missionary at Corfu in Asiatic Turkey is dead from poison. Ambassador Morgenthau reports a full State Department probe will determine responsibility while he awaits the inquiry results. Leslie had led the Corfu mission since 1912 and his wife left for Aintab after Armenian massacres. a child was born later whom he never met.
MENTIONED IN THIS ARTICLE
Francis H. Leslie
Northport
Mica
Corfu
Asiatic
Turkey
American Board of Commissioners For Foreign Missions
Morgenthau
State Department
Washington
Leslie
Mesopotamia
Mr. Leslie
Aintab
Dead Man Hoax Feeds Romance In Aged City
A woman staged a romance by pretending to marry Dr. Alleyne Hensley. She bought a body at a Chicago morgue, wired family of his death, and later confessed that the man was fictional. The real body found in a plain pine coffin, bruised head, and unsolved identity. The girl lies ill under police investigation.
MENTIONED IN THIS ARTICLE
Chicago
Trolley Wires Fall on Tremont Street
A broken trolley wire on Tremont street beside the Hotel Touraine halted traffic for over an hour yesterday afternoon. The wire snapped, pulling down others. police blocked pedestrians from the live pile while an elevated crew repaired the damage, pleasing the gathered crowd.
MENTIONED IN THIS ARTICLE
Tremont Street
Hotel Touraine
Obituaries for Glancy Murphy and Stromblad in Boston Dorchester and Los Angeles
In Dorchester Theresa B Glancy beloved daughter of the late Bernard and Katherine Glancy and sister of Joseph P Glancy of Police Div 1. Funeral from 15 Santuit St Monday Nov 15 at 830 am Requiem at St Marks Church at 9 Relatives invited. Timothy J Murphy druggist beloved husband of Mary F Murphy nee Jordan funeral from 87 Thetford Ave Monday Nov 15 815 am High mass at 9 St Matthew s Church Relatives invited Late Elm Hill Council K of C Natick notice interment Natick Carl Stromblad 45 in Los Angeles Calif Nov 11
MENTIONED IN THIS ARTICLE
Jordan
Thetford Ave
St. Matthew's Church
Elm Hill Council
K. of C. Natick
Natick
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R. L. Day & Co
Congress Street
The
United States Steel Corporation
Gary
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Congress St
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Tremont Trust Company of
Henry J. Nairo
Trinity First National Bay State
State St
Palisade Copper CO
Long & Company
Copper Range Company
Copper Range Consolidated Company
Frederic Stanwood
Mvp
Lardan
Sy Teeeeee
Jan Sieh Serra
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Toledo N
New York Market
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Butte
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George E. Bullard
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Henry P. Binney Alexander J. Hemphill
Albert H. Wiggin
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