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This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Oct 25, 1917
Page
18
A promotional pitch promises vast demand for Doughty Tires by 1918 with projected plant capacity of 400 tires in 20 hours and earnings of up to $4 per share. It claims the Doughty Method lowers costs, supports rapid vulcanizing, and offers high potential profit from a small debt load.
Yesterday’s sales show New York at 251 600 shares and Boston at 6432 shares with Steel leading in New York at 47000 and Tuolumne in Boston at 1000. Year to date totals reach 197 631 746 shares in New York and 5 375 730 in Boston, versus last year’s 154 547 597 and 9 566 742 respectively. Notable moves include Mercantile Marine pref rising to 92 3 4 and Cuban-American Sugar dropping to 138 1 4 in New York, while Atlantic Gulf climbs to 107 1 2 and Union Pacific slides to 118 in Boston.
On Liberty Day observance and a major storm, trading in New York reduced to about 250000 shares. Bears attacked rails amid weak August IC C results, Union Pacific fell near 3 points to 117 3-4, while transportation stocks slid 1 to 2 points. Shippings showed strength with 1 to 2 point gains. utilities and local tractions mostly declined.
New York stocks show high and low values for October 24 with closing prices and net changes from the previous close. Market activity reflects varied shifts across major averages as investors react to economic updates and corporate results.
Market Barometer notes a shift with Kaiser faltering while the Liberty Bond campaign gains momentum. Officials urge continued defense of the allied effort amid mounting public support and financial strain.
In Boston trading the Atlantic Gulf shows a sharp rise on persistent talk of an extra dividend possibly declared soon, with expectations of 10 dollars in addition to the usual 5 semiannual. American Zinc preferred trades near 45 with 6 dollar cumulative dividends, while concerns rise over funding.
Boston stock market roundup lists the day’s high and low prices along with no quotation figures from today. Net changes from the prior close are provided for each listed issue.
Trading ended at noon as exchanges shut for Liberty Day to boost the loan drive. Union Pacific hit a new low for the year, International Mercantile Marine showed strength on back-dividend hopes, and United States Steel raised fresh Liberty bond dividend rumors.
The New York stock exchange bond transactions report prices of new United States bonds in hundredths. Totals show daily sales of 5 314 000 dollars versus 7 250 000 yesterday and 5 506 000 a week ago, with year figures at 6 560 000 and 4 666 000. From January 1 to date sales reach 817 623 000, compared with 893 289 000 a year ago and 685 901 000 two years ago.
Providence Oct 24 Brown University student William Kolodney a freshman was dragged by about 40 classmates into a dormitory held in restraint while the word unf fit was painted in iodine on his forehead and his head shaved save for a tuft then dumped under the college pump in a hazing incident drawing protest from officials and students alike.
Kolodney, a Brown University freshman from New York, refused to wear the skull cap after class demand. Forty freshmen seized him, shaved his head, marked him with iodine, and forced him under the college pump before expelling him from campus.
The fuel administration announced that on Monday October 29 the entire production of Ohio western Pennsylvania and Michigan bituminous coal mines will be devoted to emergency domestic needs. Ohio and Michigan dealers will be required to sell the day’s output in not more than one ton lots. Efforts will be made to secure adequate car supply for the day.
William Manning and Patrick McDermott of Charlestown were rescued from the Charles River near drawbridge No 1 by three Boston & Maine railroad employees after slipping into the water while crossing the bridge during a heavy rainstorm.
Mayor Willard of Chelsea pressed H P Hood Co to sell milk at 10 cents a quart in Chelsea with depots for distribution. Hood officials told the mayor they would consider the plan and respond today.
By buying Liberty Bonds you prove patriotism and secure an investment once available only to figures like Rockefeller, highlighting the era’s financial opportunity for public support.
The war meeting at the Cathedral Church of St Paul discussed supplying religious aid to servicemen in cantonments. Rev H Bartow described Camp Devens work and Ayer camp opportunities, while Bishop Lawrence spoke on church leaders’ efforts at camps nationwide. Rain kept Admiral Knight Colonel Stover and Bishop Perry from attending.
Governor Beechman and Rhode Island staff head to Ayer this afternoon for Providence Day observances. Tonight the governor will join his entourage in a box at B F Keith's Theatre where Russell Mack of Providence and Blanche Vincent of Cambridge headline a hit show this week.
Washington October 24 The fuel administration today called a meeting here Friday of state fuel administrators appointed since the first conference October 2 Topics to be discussed include state organization retail prices obtaining emergency supplies improving transportation and conservation.
A wartime commentary notes Germany’s leadership fears the Liberty Loan drive as much as or more than the combined firepower of the Allies. It highlights public morale and investment in civilian wartime effort.
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