Market Weak and Active Market Weak and Active
Total sales New York 913000 shares Boston 16282 shares Most active issue in New York Gulf States Steel 3 to 101 Most active issue in Boston Atlantic Gulf 2120 shares Greatest gain in New York list Gulf States Steel 3 to 101 Greatest loss in New York list International Harvester 534 to 11 Greatest gain in Boston list West End 3 to 46 Greatest loss in Boston list Atlantic Gulf 3 percent to 9734
MENTIONED IN THIS ARTICLE
New York
Boston
Atlantic Gulf
Gulf States Steel
International Harvester
West End
Wall Street Opens With Broad Liquidation and Mixed Recoveries
The New York market slid in early trading with 2 to 4 point losses across major stocks while mid session rallies of 1 to 8 points appeared mainly in equipments ships and specialties. United States Steel stood out with a late pullback and a 21 2 point net drop as heavy offerings persisted.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Studebaker
Atlantic
Gulf & West Indies
Reading
New York Stock Summary Aug 81 Markets Close Mixed
New York stocks show mixed results with high and low ranges noted for today. Net changes from the previous close vary across leading issues as traders weigh recent economic signals.
MENTIONED IN THIS ARTICLE
New York
Boston
Market News Boston Stock and Bond Roundup
Pressure in industrial and copper issues followed a broad market turn with losses of one to three points. Atlantic Gulf traded around 98 after a New York selloff, closing at 97 3 4 with a 3 1 2 point loss. Copper issues weakened due to patent damages on minerals separation. Silver prices rose as copper mine shutdowns curtail output. Liberty bond trading rose with August sales near 1.25 million, about 60 more than last month. Boston & Maine posted seven month losses of 813 607 on higher expenses, despite higher gross business. American Trust Bank joined the Fed system, bringing Boston district member banks to seven.
MENTIONED IN THIS ARTICLE
Atlantic Gulf
New York
Minerals Separation Company
United States
Liberty
Boston & Maine
The
American
Federal Reserve System
Boston
Census of Bay State Men in Service
Massachusetts men serving in military or naval capacities are being counted by a state house to house canvass. The State Soldiers' Information Bureau reports 39,000 Massachusetts service members already uncovered.
MENTIONED IN THIS ARTICLE
Bay State
Massachusetts
State Soldiers’ Information Bureau
Money Markets and Federal Reserve Rates Snapshot
Current brokers loans and customer loans range from 4 1/2 to 6 percent with various terms. Outside brokers call loans 4 1/2 to 5 percent. Year money sits at 6 percent. The Federal Reserve Bank rates cover paper maturing 15 days to 90 days and notes secured by Liberty bonds, with several categories and modest adjustments.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Liberty States
Cotton markets close steady amid dull spot trading
Official closing values show futures unchanged while spot cotton remains dull at 18.25d for American middling uplands. Total sales reach about 2000 bales with additional figures of 8000 bales and 5400 units reported in various categories.
Market declines as heavy selling hits steel and war stocks
The market opened with heavy selling after a half holiday in New York, driving steel and war stocks to new lows while some rails and select issues showed brief gains. Broad volume exceeded 900,000 shares as traders accounted for looming tax and revenue concerns amid copper, oil flotation patent suits, and anticipated Liberty Loan effects.
MENTIONED IN THIS ARTICLE
New York
International Mercantile Marine
United States Rubber
Bond market update on US new issue prices
United States bond prices are quoted in units and hundredths with decimals indicating hundredths. The subjoined table shows the latest prices in this format for new bond issues and related market activity.
MENTIONED IN THIS ARTICLE
United States
New York Curb Total Shows Mixed Daily and Yearly Gains
Total curb revenue stands at 3 529 000 dollars, up from 1 891 000 yesterday and 2 961 000 a week ago, with year over year figures: 2 461 000 a year ago and 2 521 000 two years ago. From January 1 to date the total is 641 837 000 dollars compared with 695 971 000 a year ago and 534 798 000 two years ago.
Republicans Press For War Expenditures Committee
Washington August 31 Republican leaders in the House said they would renew their fight for a congressional war expenditures committee. This follows a favorable report by the Ways and Means Committee on the 11 538 945 460 war bond and certificate bill in nearly Secretary McAdoo's draft.
MENTIONED IN THIS ARTICLE
Washington
Ways and Means Committee
McAdoo
House
Congressional
Farmers to Sell Own Products in Dorchester
The Dorchester public market at Gibson playground Fields Corner will start direct farmer sales today with 20 farmers bringing and selling their products themselves, replacing the previous mayor led farm-to-market process.
MENTIONED IN THIS ARTICLE
Dorchester
Gibson Playground
Fields Corner
All New York Exchanges Closed Tomorrow and Monday
New York news desk reports all New York exchanges will close tomorrow and on Monday, in observance of a local holiday. Trading sessions will resume on Tuesday with market activity paused during the two-day closure.
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New York
Hyde Park Rally Demands Five Cent City Car Fare
About 2500 people gathered in Cleary Square Hyde Park as Mayor Curley led a protest against the six cent streetcar fare to Boston. He pledged to win a five cent fare with Hyde Park treated as part of Boston, noting Charlestown pays six cents. Francis W. Darling presided with speakers Gilman Martin Hasson and Freeman.
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Cleary Square
Hyde Park
Boston
Curley
Francis W. Darling
Robert B. Martin
Edward W. Hasson
Hugh Freeman
Charlestown
Bay State Street Railway
Woman Sentenced for Forging Check in Newton Court
Nellie Moore 25 a domestic at 15 Vista avenue Auburndale was sentenced to three years in the state prison after pleading to forging the name of Mrs Cole on a check for zero dollars. Police say she passed eight worthless checks.
MENTIONED IN THIS ARTICLE
Nellie Moore
Waldo W. Cole
Vista Avenue
Auburndale
Sherhorn Tomes Ait . Woman's Prison
Bacon
Newton Court
Mrs. Cole
War bonds and committee reform skirmish in Congress
Amid party lines in committees, proposed expenditures committee amendment by Rep Moore faces defeat. Democrats show limited support as Republicans push for a 13 member panel with hearings, a $100000 initial appropriation, and bond convertibility provisions likely to spark fights. a Treasury War Department auditing addendum aims to close foreign accounts postwar. The bill advances to general debate Tuesday with passage expected Wednesday.
MENTIONED IN THIS ARTICLE
Moore
Pennsylvania
Wilson
Treasury
Fresh mackerel surge and wartime shipping notes
A coastal update reports a nine-vessel fleet delivering 183000 pounds of fresh and 68 barrels of salted mackerel to the fish pier. Swordfish landings include 103 and 20 by the Marjie Turner and Eliza A. Benner, with trawlers bringing haddock cod pollock and cusk. The Durango submarine sinking is noted with no loss of life.
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Mart
Marjie Turner
Haddock
Orleans
Cape Cod
James Gannon
Nellie T. Gaskell
Rotterdam
Fowey
Boston
London
Sunderland
Eng
Furness, Withy & Co., Ltd
Uruguay Moves to Separate Church and State
The constitutional revision commission adopts a clause separating church and state and provisions for confiscation of church property. The draft will go to Congress for final approval before becoming effective.
MENTIONED IN THIS ARTICLE
Uruguay
Montevideo
Congress
Pershing Headquarters Moves Near Training Camps
Paris Aug 31 Major General Pershing commander of American forces will move his headquarters from Paris to a site near the training camps. Furnishings and records began transport today with more to follow. Pershing and his staff will travel to the new posts tomorrow while all departments keep Paris representatives. A provost marshal's office is established and visiting officers must register. Social visits to Paris are barred without special permission.
MENTIONED IN THIS ARTICLE
Paris
Pershing
America
Keating-Owen child labor law ruled unconstitutional
Federal Judge Boyd in Greensboro North Carolina declares the Keating Owen act unconstitutional and blocks enforcement in the district The decision centers on Congress power over interstate commerce and its limits regarding internal labor conditions The judge notes the argument that Congress cannot regulate internal labor conditions by indirect means within a state
MENTIONED IN THIS ARTICLE
Greensboro
N. C
Boyd
North Carolina
United States District Attorney
William C. Hammer
Loyd
Thomas
Parkinson
Columbia University
Department of Justice
Orators Sent to Jail After Hartford Court Row
Edward M. Appell of Boston and William C. O'Brien of Hartford were jailed for breach of the peace after interrupting court proceedings on Trumbull street. Judge Francis A. Pallotti sentenced both to three days with Appell receiving an extra five days for contempt. Bonds were set at $500 each and appeals were planned by the defendants.
MENTIONED IN THIS ARTICLE
Hartford
Conn
Stars and Stripes
Edward M. Appell
Boston
William C. O’brien
Trumbull Street
Francis A. Pallotti
Pallott
Appell
Liberty Loan campaign explained by McAdoo press appeal
Treasury Secretary McAdoo outlines the next Liberty Loan drive and the October start. He defends newspaper advertising, says the first campaign used broad coverage, and urges equal access to all papers while coordinating with federal reserve banks for the second issue.
MENTIONED IN THIS ARTICLE
McAdoo
Liberty Loan
Federal Reserve Banks
Treasury Department
America
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