Market declines deepen as miners strike and copper routs widen
Trading on the street weakened with New York and Boston activity down. New York total sales reached 1,388,900 shares with U S Steel the most active issue at 113,800. Boston saw 33,176 shares traded and Pacific Mills at 5,305. For the year to date, New York totals stand at 287,792,554 shares and Boston at 8,765,132 with last year figures 128,417,468 and 3,294,889 respectively. Analysts blamed copper and rail weakness, unsettled coal strike talks, and tight money as prices sank to new movement lows. foreign exchanges and European demand were considered insufficient to lift copper, and bond and government guarantees for railroads remained in question.
MENTIONED IN THIS ARTICLE
New York
Boston
U. S. Steel
Pacific Mill Rts
New Yorks Federal Reserve Bank
Mooney
Europe
France
England
Germany
Austria
America
Federal Reserve
Rumely
Ajax
Alaska
Bosch
Aso Car & F
Car & F
Arm Drug
Hide & L
Hide & Lpf
Vinecoaster Corp
Lin
Locomo Ve
Sumatra T
Ohn Tel & Cable
Tel & Tel
Atlg & WI
Balt & Ohio
Balt & Ohio Pf
Barrett Co
Beth Motorsey
Bethlehem St’l
Beth Steel
Booth A
Brook Ra
Brook An Gas
Burns Bros Beeen
Oe Hee
Butte & Super
Caifornia Oe Rae
Calif Pet
Callahan Min
Calumet & Ari
Case J Son's
Cerro de
Chandler Motor
Ches & Ohio
Gt Western
Gt West Pf
M & St P Pf
Cspm& O Pf
Chi & F. al Pf
Chi & N’west
Coca Cola
Col Fuel & Iron
Col & Southern
Columbia Gas
Colum Graph
Con Gas
Cuba
Simer-Brant Pf
John Seavewe
Endie
Erie
Fe Min & Sm
Wed M & Sm Pf
Gaston W & W
Freeport-Tex
Goodrich
Miinvis Central
Interboro Can
Inspiration Cap
Interboro C
Int Ag Corp
Int Ag Corp Pf
Int Harvester
Mer Marine
Jones Bros Tea
Julius Kayser
Kan City
Kelly Tire
Kelly T
Kelsey
Kennecott
Keystone Tire
Lack Steel
Lake Erie & W
Lee Tire
Lehigh Valley
Liggett & My's
Loose-Wiles
Lorillard
Lorillard iii
Mackay Cos
Mackay Cos Pf
Martin-Parry
Miami
Mo Kan& T
Missouri
National
Nat Enam & Stat
Ween
New York Dock
Nynh&h
Y Ont & W
Norfolk South
Norfolk & Wes
Norfolk & Wes Pf
Pacific
Nova Sco Steel
Ohio Cities Gas
Pkla & Pro
Punta Suan
St Spring
Iron & Steel
St Ois
St Louis
St L& Sag
Savage Sone
Sears Roebuck
Tran & Oil
Twin City Rap T
UN Bag & Paper
Union Oil
Union Pacific
Nion Pac Pf
United Ze
United Fruit
U Ry Inv
U RI
Uscip&f
U S Steel of
Utah Copper
Utah Se Corp
Va Iron & C
Wabash Pereseeves
Wabash Pf A See
Wabash Pf B
Wells Fargo
House Air Br
West el & Mfg
West Maryland
West Pacific
Bt Est
Union T
Wh & L F Pf
White Motor
Willys O’land
Willys O'land
Wilson Co
Woolwort
Walworth Manufacturing earnings rise despite slow start
Walworth Manufacturing Company reports 1918 earnings of $3.39 a share on 200,000 common shares and expects 1919 to outperform 1918 despite early year slowdowns. After price cuts, September 1 price schedule restored, with South Boston and KCewanee plants now operating at solid margins. Montana Power declares a 7 cent quarterly dividend, confirming no omission of junior issue payouts.
MENTIONED IN THIS ARTICLE
United States
United Drug Company
United Drug Co
Pears
McCormick
Boston
Walworth Manufacturing Company
Walworth
South Boston
Ikcewanee
Ill
Montana Power Company
Montana Power
Stock Market Slumps Amid Coal Strike and Mexican Crisis
New York market shows extreme volatility with losses in leading issues from General Motors to U S Steel and Tobaccos as unrest over the coal strike and Mexican crisis fuels a large short interest. Trading reaches 1,400,000 shares with bonds lightly altered and par value sales around 25.85 million dollars.
MENTIONED IN THIS ARTICLE
New York
London
Paris
General Motors
Pierce Arrow
Crucible Steel
Baldwin Locomotive
U. S. Steel
Liberty
Victory
Ymum Pric
Money Market Current Prices From The Market Desk
Current prices show brokers customers loans at 6 percent outside brokers call loans at 6 percent brokers commercial loans at 6 percent customers commercial loans at 6 percent and year money at 6 percent.
Market Insight From A Chance Meeting In A Commission Board Room
Financial notes recount two men discussing stock market luck and the danger of overconfidence. A trader recalls profiting on Parish and Bingham unknowingly a maker of automobile parts, warning that lack of due diligence leads to losses. The piece critiques panic predictions and reviews railroads, utilities, and industrial stocks' swings, noting tax losses and hoped reforms ahead.
MENTIONED IN THIS ARTICLE
Commission House
Wall Street
Parish & Bingham
Bond Market closes with varied notes and bonds listed
The bonded market shows prices and yields across a wide array of issues including United States Libor linked securities, corporate debentures, municipal bonds, and international issues. Notable mentions include North American steel and railroad securities, Canada and Japanese issues, and several 4s and 5s with varying prices around the market.
Also Mentioned on This Page
U. S
Jranby
Mohawk
Calumet & Arizona
New Haven
Boston & Maine
Mullins Body
Fruit
Gray & Davis
Edwin Adams
New York, New Haven & Hartford Railroad
William Rockefeller
Hand
Federal District Court
Harold Norris
Adams
Mack Dec. I
M. Wood
Leonard Wood
Standard Oil Company
N. Y- Curb
H. D. Wells
Kilby St
Boston, Wiass
Fort Hill
A. F. Dow & CO
State Street
Texas Big League Oil Sqn
Texas Big League
Texas National Trust Co
Fort Worth
Texas
Clark & Curtiss
Excmangye ST
Louisiana
Homer and
Ball Bayou
Exchange National Bank
Shreveport
The
Universal Tide Power Co
Canal St
Walworth Manufacturing Co
Montana Power Earnings
New York Market
Pepe Beownentee
Eneeesereerers
Money Market
Arizona
James J. Benelisha & CO
Boston Curb
Exchange Street
Silver Reef
WM. R. Fitzgerald & CO
Kilby Street
Financial Editor
Uncle Sam
Congress
Chicago Grain Market
Bibs Park
N. Y
Lissa
Betas Eee Eee Ee
Utah Metals
West End
West Union
Wolverine
Boston Stocks
Helene L. Sweney
Mass. Ave
Boylston St
Back Bay
Marjorie Fay
Huntington
Tel
Huntington Ave
B.E
Harvard
YALE
Clarisse
Note Studio
Columbus Ave
Mabel
G. Hall
WM. H. O'Brien
Trinity
Dartmouth St
Copley Sq
Richards
Hunt, Ave
Hunt, Chamb
X. Hovey
State
Court St
Aetna Explosives
Brit Am Tob
Light & Power En
General Asphalt
Heyden Chem Motor Car Ve Eee Ene
Loews Inc Seve Tne Ee
Marconi of Amer Seveee Pheenen
Loft Inc Epic
Mercer Mot
Abe Nor Amer P & P Severe
Cosden
Dominion Oil
Ertel 1
Beis Oil New
Federal Barr Cwrveeeraeveees
Glenrock Epee Smogees
Inter Pet Ee
Ae Island Oil Teeuwee
Invincible Oil
Eee Ee
Vt Merritt
Met Pet
Midwest Aee
Morton Pet
Ryan Pet
Victoria Oil New Mining
el Salvador
Eureka Croesus
Rolden Gate
Howe Sound
Jim Butler
McNamara
Mason Valley
Nixon Nevada
Nipissing Mines
Onondaga Mines
Ray Hercules
Stewart
Carson Hill
Miss Power
Swift & Co
Am Oil & Eng
Ang-Am Corp
Bost
Albany
Lowell
Maine
Cal
Hecla
Centennial
Stee
Conn River
Coper Range
Cub Port Cem
Davis Daly
East Bos
East Butte
Kence
Fitchburg H. 2
Gen Electric
Gorton-Pew
Helvetia
Eee
Cotton Mills
I Creek Coal
Isle Royale
Kerr Lake Seeeneee
Libby M & L
Mass Electric
Michigan
NE & Televent
Eens
Idria
Nipissing
North Butte
Seueee
Mil Rts
Punta Alegre
Quincy Ining
Root & van
St Mary's M Ld
Romney Seeeeeete
Simms M
Paar Ie
South U
San Se
Bu Bost
Swift& Co
Aig
Swift Inter
Torvington Pobenes
Tuolumne
UN Copper
UN Dru
United
Allied Oil
Allied Packers
Black Hawk
Boston & Montana
Cascade Sil
Canada Mex
Cosden Oi
Gladstone
Heela Div
Hendee
Monarch
Mutual
Mojabe
Ohio Body Cenewie
Okla Boston Oil
Pacific Tung Ceeeee
Ranier
Shaw
B&q
M & St
Tm Dal
Agn
Etis
Nort
Nort & Wev
North Bar
Cs Anglo
C M & Bt P
Nor Pacific
Berd
City of
Lyons
Dom
Canada
Nye
Ee Bbmc
Eeee
Stie
Gt Brit Fy
Tara O
Mil St. E & Lake BS div
West
Ind
Chile
Hanes
Nyc
Aweedee Sheer
T&t
T& Sk
AT & SF
Sill & N
Balt &O
Balt & O Tv
Ajs
Balt & Aie
Vals
Braden
Bilyn
Brig Gallien
Ee Ee Ertee
Randy ‘Min
Stampe
Renseue Idiana Steel
Pacific T &Ts
Penn &Uo
Me Ee Eae
Pere Mat
Pierce
Renee Eeenan Oe
Seis
Sel& St
Beane
Bly
Itho
Ais ‘i
Ud & Mine
Il Gearig Ds
Awa Central
Ed " ’ San Ian O
Adj
Ben
Souvners
Nt Bo
L&n N Southern
Danhat
Wfontana
West Electric
eVieres
Ches & O
Depos Wil Dae
American Line
Manchura
Philadelphia
Haverford
Leyland
Livi
Winifredian RED STAR _Y
Plymouth
Cherb
Jee
Urg
Lapland
White Star
Cherbourg
Southampton
Erpool
Dominion
Mevantic
Portland
Pointt Land
Halifax
Eastern Steamship Lines, Inc
INC
WAR Bangor
Rockland
Bangor
Mt. Desert
Filue Hill Lines
ST. John
N. B
WAR Tax
Eastport
Lubec
Central Wharf
Mon
New S.S
Australia
New Zealand
South Seas
Tahiti
Paratonga
San Francisco
Union
California St
Toca Steamship
Wom Rail & Boay
New
Robert Treat Paine
Tad
Trens
Beacon St
Sasy Payments
Childs & CO
Tremogt Ct
Consolidated Silvers, Inc
Arizona Silver
Ermu
Pewnis