Anticipated Stock News To Be Announced By Office
Heavy buying has surged in expectation of forthcoming news to be released through this office. Investors await details surrounding the upcoming announcement and potential market impact.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 28, 1915
Page
14
Heavy buying has surged in expectation of forthcoming news to be released through this office. Investors await details surrounding the upcoming announcement and potential market impact.
The week end market shows dullness and irregularities with New York total sales 234 200 shares and Boston 28 401. The most active issues were Steel in New York at 23 300 shares and Lake Copper in Boston at 4 875 shares. Year to date totals reach New York 157 996 400 and Boston 11 011 650 shares, versus last year’s 46 500 900 and 3 268 807 shares respectively. Cuban American Sugar led New York gains to 158 7 8, American Tobacco fell to 219 1 2, while Lake Copper rose to 16 1 4 in Boston and Boston & Albany dropped to 185.
The session saw voluminous chatter from position players with 234000 shares traded. General Motors rose to 455 while Cuban-American Sugar advanced to 158 7-8 and Allis-Chalmers preferred moved to 811-2. New Haven and American Tobacco weakened amid profit taking and wear pressure as United States Steel dipped slightly and American Can lagged after leading yesterday’s session.
The high and low prices for securities on the Boston Stock Exchange and their comparison with the previous close are listed, covering bonds and related active trades.
The Boston market showed activity with zinc shares driving trades led by Butte & Superior crossing 74 near its record. American Zinc also rose on strong metal prices and expected dividends. Nipissing gained as silver rose to multi year highs amid war era demand hopes. New Haven fell near 72 due to potential preferred stock issue, while Boston & Maine notes imply unresolved regional rail financial woes despite record earnings.
Sterling gained slightly while francs rose. rates show bankers' asks and customer lending levels. Clearinghouse exchanges list daily and weekly volumes for Boston and New York, with sub-treasury balances and bank results noted.
The firm plans 30,000 00 cartridges and to sign a near term deal for Maxim automatic machine guns. It outlines a gun type known as the 190% model used widely in the current war, with most European conflict guns of this design. Valdez Creek Placer Mines appoints Pierre Bouery as manager for a five year term, he previously led the t.a Grange mine in Weaverville California.
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