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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 16, 1917
Page
20
The market shows dull activity with mixed results across sectors. Industrial alcohol and Utah copper weaken while strong bears pressuring rails and local market irregularities appear in daily trading.
Market totals show New York sales 364000 and Boston 8928 shares. New York steel led with 73400 shares while Boston steel traded 1515. Year to date New York 211543146 shares and Boston 5671860. Prior year New York 178665507 and Boston 10673151. Notable gains Cluett Peabody pref 10 to 100 in New York. National Biscuit pref fell 6 to 108. In Boston Atlantic Gulf gained 3 to 97 while Nova Scotia Steel dropped 334 to 70.
A sharp drop in activity due to tighter speculative trading rules dominated the New York market on November 15. Total volume slipped to about 350,000 shares as traders faced cautious姿 and unfavorable factors from railroad labor tensions to the Treasury plan. Prices recovered late in the day with shipping stocks leading rallies. Liberty bonds drifted with mixed results.
Trading opened dull with prices soft but improved, led by Atlantic Gulf and United Fruit. Atlantic Gulf rose to 97 and United Fruit gained to 1144 while Swift and Island Creek Coal fell. Howard Elliott urged no rate hikes for the New Haven. Alaska Gold and Edison Electric hit new lows amid weak earnings and war uncertainty.
New York trading roundup lists today's high and low stock quotations with net changes from the previous close. The report covers market activity and price ranges across main issues centered in New York.
Trading volume slid to about 360000 shares as prices drifted with little movement. Utah Copper and other copper producers faced profit questions amid steady but muted earnings reports while railroad rate cases loom and wages. Western roads show mixed results with potential relief anticipated.
Boston market brief shows today’s high and low stock quotes with net changes from the previous close. Financial desk notes the session in progress, listing notable movements across leading issues and indicators shaping trading sentiment.
The Rev Edward M Gushee D D rector emeritus of St Philip s Episcopal Church Cambridge died yesterday at his home after a year long illness He was 82 years old The death follows publicized marriage plans with housekeeper Ida Olive Davis aged 51 which faced opposition from his two sons and occurred about five weeks ago.
Juarez is Francisco Villa s next border objective and a general attack on Chihuahua City is planned after Juarez. Villa leaders in the Ojinaga garrison announced the new movement and a capital for the campaign will be established there.
Felix Fox and Emil Ferir presented a afternoon program of French and Russian works in Jordan Hall. Fox displayed poised piano technique while Ferir drew a refined tone and expressive phrasing pleasing the audience, which showed cordial interest.
Reported cotton sales figures indicate total sales of 4,170,000 this week, 6,432,000 last year, and similar trends over two years ago. From January 1 to date sales reached 891,968 compared with 991,101,000 a year ago and 704,008,000 two years ago, reflecting shifting demand in the UK Britain and Ireland markets and West Maryld.
A man presumed the sole survivor of the Cork steamer Ardmore was rescued at sea and arrived with an American steamer at a British port. The Ardmore was torpedoed or mined, leaving him as the lone survivor.
The Red Cross War Council issued an urgent appeal to women across the nation for knitted sweaters socks and wristlets for soldiers and sailors. The council disclosed it has bought about half a million machine made sweaters to meet immediate needs.
A wartime appeal urges women nationwide to donate sweaters, wristlets, and socks. The statement notes heavy demand as cold weather approaches and describes purchases of 550000 sweaters, with about 260000 delivered, plus 200000 donated by chapters. Some items sent to France while funds and yarn are stretched.
In Pemaquid Point Maine on November 15, salvagers from the Willis and Guy wreck have filled their bins with coal washed ashore. They sell the surplus to nearby townspeople at prices from to 12 dollars a ton undelivered. Several miners have as much as 10 tons for sale.
Haddock supplies rise with the Boston fleet reporting mackerel nearby and Gloucester stock landing daily. Captain Lemuel Spinney brings 125,000 pounds of fish aboard the steam trawler Seal on its return from the Western Bank. The Gloucester Fresh Fish Co branch at the Fort to close today while its Boston store remains open. Prices for cod and haddock listed with fresh groundfish arrivals noted. A Y M C A war fund rally scheduled at 7 15 this morning at the New England Fish Exchange.
Bandits stopped the G. W. Johnson Limestone Company payroll run as superintendent A. D. Farrell rode from Newcastle to Hillsville. They killed guard Tony Sack and Farrell was wounded, then escaped with 17 000 dollars.
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