Steel stocks show strength aided by extra dividends
Steel shares rallied after Lackawanna Steel declared an extra dividend, with Republic Iron & Steel jumping over five points as market talk swirled about further payouts. Crucible and Baldwin lagged on cash concerns while Bethlehem and United States Steel held firm at near week highs amid a broad market upswing.
MENTIONED IN THIS ARTICLE
Lackawanna Steel
Republic Iron & Steel
Republic
United States’ Steel
Crucible Steel
Baldwin Locomotive
Crucible
Bethlehem
United States Steel
Baldwin Works Faces Financing Shift Amid Expansion
President Johnson announced that despite satisfactory earnings the Baldwin Locomotive works must increase working capital through debt due to higher material and labor costs. General Electric plans a new 10 million note issue at 6 percent, two year maturity, plus a 10 million stock offer to holders and possible stock dividend to support an expansion driving 1917 orders to about 160 million and inventory up 50 percent from a year ago.
MENTIONED IN THIS ARTICLE
Baldwin
Johnson
Shell
Eddystone Munitions Company
General Electric
General Electric Notes Offered in 10 Million Syndicate
The National City Company joins a syndicate offering 10 million General Electric 6 percent notes due Dec 1, 1919 at 98 1/4 and interest for a yield around 6 8 percent. Proceeds fund GE working capital while Tremont Trust declares quarterly dividend of 2 percent payable Dec 1 with record Nov 15, marking its fourth such payout after an initial 11/2 percent.
MENTIONED IN THIS ARTICLE
Blackstone Valley Gas and Eilectric Company
Stone & Webster
Magma Copper Company
Henry B. Dodgdp
National City Company
General Electric Company
The
Tremont Trust Company
Money Markets and Foreign Exchange Report November 23
Current prices show brokers loans from 4 1 4 to 5 percent and customers loans at 4 1 4 to 6 percent. Commercial paper and year money at 4 to 4 1 2 percent. Clearing House and Sub Treasury figures listed with gains and losses. foreign exchange shows francs at new lows, sterling at 4 767 16 dollars.
MENTIONED IN THIS ARTICLE
New York
Watt
HIOGE
Rinvsc Dadecest
Deyaescs
Boston
Treasury
Prices Strong As Market Broadens Gain Across Industrials
Market notes show gains in steel up five points and strength in industrials coppers and rails. Local market mixed with broad buying sentiment and a robust overall tone.
MENTIONED IN THIS ARTICLE
Republic Steel
Points in Yesterdays Markets Summary Card
Total sales in New York reached 513400 shares and Boston 12616. Continental Can rose 7 to 9634 in New York while International Paper fell 2% to 21. In Boston Conn River jumped 22% to 125 and Calumet & Hecla dropped 35 to 425. Year to date totals show New York 215,056,846 and Boston 5,758,893 shares.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Utah Consolidated
Continental Can
International Paper
Conn
Calumet & Hecla
Market quiets as rail troubles linger on Wall Street
Moderate trading on the New York Stock Exchange shows backwardness in rails despite assurances no strike. Strong activity in pools lifts some shares 2 to 5 points while United States Steel climbs to 98 1/4. Total volume 615000 shares with bonds steady and call money at week-low rates.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
United States Steel
Lackawanna Steel
Republic Iron
Western Union
Liberty
United States
New York Stocks Prices and Net Changes Report
New York stock quotations show the day’s high and low alongside closing prices. Net changes from the previous close are listed for numerous issues reflecting market movement this session.
MENTIONED IN THIS ARTICLE
New York
Boston
Mixed market shifts hit copper stocks and rail fares rise
The Boston market saw copper shares fall after Calumet & Hecla and Allouez cut dividends while others like Swift & Co. and American Zinc gained. Elevated and Massachusetts Electric rose on hopes of higher zone fares, Shannon mines resume work with 60 percent staffing and a seat on the Boston Stock Exchange trades around 10 500 dollars mirroring recent sales.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Allouez
Calumet
Osceola
Swift & Co
American Zinc
Pond Creek Coal
Boston Elevated
Massachusetts Electric
Macleod
Public Service Commission
Shannon
Boston Stock Exchange
Bond Market Review from New York November 23
United States government bonds quotations are provided by the New York Stock Exchange. The report lists bid and ask prices, changes, and yields across various maturities as of the latest trading session.
MENTIONED IN THIS ARTICLE
United States
New York
Chang
Feast Days and Harbor News From November Church Notes
The feast of St. Cecilia will be observed at St. Cecilia's Church Back Bay with a 10 a.m. high mass led by Rev. Florence W. McCarthy and clerics from St. John’s Seminary. The Miraculous Medal feast at St. Vincent’s Orphan Asylum includes a 6 a.m. mass and 4 p.m. Benediction with medal distribution. The John Boyle O’Reilly Reading Circle opens Nov 26 with Dr. James J. Walsh on Our Most Read Magazines. Harbor news reports 200000 pounds of haddock cod pollock hake and sacred landed by six vessels, with prices and vessels listed. Groundfish totals for the week ending yesterday reach 2100000 pounds, amid fog delays. The steamer North Star to halt St John line service and enter government work, and War Risk Bureau lowers insurance on vessel traffic in submarine zone from 5 to 4 percent.
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U K
Britain
Kaw City
Liggitt “& Me
Einsiald
Bicise
jAm T & T
Liberty
N . Telaphie
Armour & Ed Aout
Norf & W
North Pacific
Atl C L Ist
Balt & O Cvt Rahe
Bal
Sky Rts
Ches & O
Alton
San An & A P
I &Q
Etree
Ri&p
Bordeaux
Newe Ras Co
al & So
City of
Lyons
Beeen
den & Con
Paris
Distillers
Erie Gallien Bi
Seewee
Erie
Doma
Canada
Steel Sf
Henner
Uae
Hud & Man Rig
Bae
Wilson & Co
St. Cecilia
St. Cecilia's Church
Back Bay
Florence W. McCarthy
St. John's Seminary
Brighton
John J. Fletcher
John J. McGarry
John D. Wildenberg
St. Vincent’s Orphan Asylum
Friends of the Asylum
John Boyle O'Reilly
James J. Walsh
New York
Cathedral School
Malden Street
Harrison Avenue
Boston Fish Bureau
Commonwealth
W. H. Moody
W. HA. Moody
Dealers in High Grade Unlisted Securities Advertised
Bought Sold Quoted operates as dealers in high grade unlisted securities with contact telephones Main 1615 1616 and 1617.
MENTIONED IN THIS ARTICLE
Telephones Main
Public Sales of Sugar Condemned by State Official
Henry B. Endicott state food administrator condemns public sales of sugar and other commodities as fueling discontent and riotous action with potential for harm to life and property. He urges future sales by any public or private individuals to be avoided.
MENTIONED IN THIS ARTICLE
Henry B. Endicott
Massachusetts Food Sales Warn Against Public Ridings
Mr Endicott argues against public or private sales of food at shortages citing danger from crowds and pushing. He urges turning scarce goods to local retailers for orderly distribution. He notes Massachusetts Food Administration strives for fair, proportions supply to the public.
MENTIONED IN THIS ARTICLE
Food Administration of
Massachusetts
Commonwealth
Waterfront Calendar Notices for November 24 War Day Count
Waterfront calendar for November 24 notes the 1212th day of war in Europe and 828th day of the year with time markers, moon phases, and visible planets. It lists full moons on November 28 and December 28, a new moon on December 14, and morning stars Jupiter and Saturn through late November with Venus as the evening star.
MENTIONED IN THIS ARTICLE
Europe
United States
Venus
Jupiter
Saturn
Mars
Boston Italians launch drive for Italian refugees aid
A committee of Boston Italians launches a campaign to raise 200000 dollars for 400000 refugees in the Venetian province. Governor McCall endorses the effort and Italian Day is set for Monday December 3 with mass meetings planned in Italian colonies across the state.
MENTIONED IN THIS ARTICLE
Boston
McCall
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