International Paper stock case study shows wartime profits
An editor notes International Paper rose from 42 to 100 on preferred and from 9 to 47 on common as wartime dynamics boosted paper prices. Despite years of stagnant earnings and heavy prior debt, assets and working capital improved, and 1917 profits looming suggest coverage of accrued preferred dividends and potential common dividends.
MENTIONED IN THIS ARTICLE
Bethlehem Steel
Financial
International Paper Company
Pany
Dodge
Boy Scouts to Deliver Chamber Book to 4000 Members
A group of 40 Boy Scouts from Greater Boston will deliver copies of the Chamber of Commerce organization book and activities chart to 4000 members. Deliveries start today with scouts reporting to Charles IL Weed of the chamber at 9 30 this afternoon.
MENTIONED IN THIS ARTICLE
Greater
Boston
Chamber of Commerce
Charles IL. Weed
Chamber
Stock Sales Totals and Top Movers in New York and Boston
Total sales in New York 1 386 815 shares and Boston 43 982. Most active New York issue Steel 275 800. Boston Utah Metals 3 540. Year to date to date Jan 1 1916 New York 147 368 077, Boston 9 301 550. Last year New York 128 763 400, Boston 9 075 542. Biggest gain New York General Motors 101 2 to 799. biggest loss Norfolk and Western 21 8 to 144 8. Boston gain Swift and Co 4 1/2 to 147 1/2. loss Calumet and Hecla 3 to 570.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Utah Metals
General Motors
Norfolk & Western
Swift & Co
Calumet & Hecla
Market Ends Mixed After Active Session On Oct Market Day
New York trading showed an almost steady advance for much of the session with gains eroding late. Turnover neared 1 340 000 shares as pools influenced weak spots with call money rising to 4 percent amid reserve contractions and rumors of tightened industrial collateral. United States Steel and General Motors led gains among large issues with bonds firm and total par value sales at $6 625 000.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Marine
Reading
Republic Steel
Rock Island
Hides & Leather
International Paper
Union Bag & Paper
General Motors
American
Western Union
United States
Market Gains After Early Pause In Sympathy
Boston market opened strong with New York prices rebounding but profit taking cooled gains. Steel moved up to 1147-8 from 108, Atlantic Gulf slipped, and specialties such as sugar, marine, leather and paper surged. Volume topped a million shares, New Haven reports planned $27.1 million in line improvements, yet surplus per share remained under $3 despite record earnings.
MENTIONED IN THIS ARTICLE
New York
Atlantic Gulf
New Haven
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Alliance Tire & Rubber
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