Market gains and losses on active trading day
Stocks rose on the busiest day since April 19 with Baldwin Locomotive and General Motors leading gains. New York and Boston trading showed high activity and fresh price records, while Bethlehem Steel and Am. Agric. Chem. pfd. posted notable declines.
MENTIONED IN THIS ARTICLE
New York
Boston
American Zinc
Baldwin Locomotive
General Motors
Bethlehem Steel Ptc
Calumet & Hecla
Am. Agri. Chem. Pfd
War shares rise to new records amid speculative demand
New York market reports on September 27 with war shares lifted to higher prices, marking many new records. Demand appeared largely speculative, and rumors spoke of considerable buying activity fueling the advance.
MENTIONED IN THIS ARTICLE
New York
Baldwin Locomotive
du Pont
General Motors
Colorado Fuel & Iron
Post
Balwin
Baldwin Company
Remington Company
Wall Street Surges on War News and Credit Prospects
Stocks rallied on favorable war reports and hoped for Anglo-French loan terms, with war stocks leading gains. Baldwin, General Motors, Republic Iron & Steel and Bethlehem Steel posted notable highs while United States Steel moved late as bond activity remained strong but routine. Total volume hit 1.65 million shares. par-value bonds totaled $5.87 million.
MENTIONED IN THIS ARTICLE
Wall Street
Baldwin Locomotive
General Motors
Republic Iron & Steel
Crucible Steel
Studebaker
American Can
Texas Company
Bethlehem Steel
United States Steel
United States
Boston Market Sees Firm Trading With Copper Advances
Boston market closes firm with spot activity and gains in copper at 18 to 18 14 cents. Utah Copper posts a new monthly high around 16 million pounds, Chino and Nevada Consolidated show strong outputs, Liggett and United Drug merger valued at $125 per Riker share, leather prices rise amid war demand and a large Russian order for boots boosts prices.
MENTIONED IN THIS ARTICLE
Boston
New York
Hst
Utah
Chino
Nevada Consolidated
Ray Consolidated
Riker-Hezemen
Liggett Drug Company
United Drug Company
Riker-Hegemen Company
Ricker
Liggett Company
Riker
New England
Ted
Newton Stock c. Cormparison
Am Smelt & R
Smelt & R Pf
Steel Fury
Tel & Pf
At& SF
IC Line
Baldwin Loco
Ohio Eateres
Ohio
Beth Steel Pf
Bklyn RT
Butte & Pte
Butterick
Cal Pet Corps
Cal
Pet Sap
Cen Leather
Ches & Ohio
Cm&s
Cub Am Sug Co
Erie
Sng Hiss
Nike
Central
Ins Cop Co
Inter Con
Int
Aer Corp At
Agr Corp
Harvester
Pf. Setae
Kan City
Kresge Co
LE & W
le.& W
Lehigh Valley
Liggett & Hoe
Lorillard Co
Lorillard C
Mackay Pf
Manhattler
Maxwell Motor
Max Mo
May Dept
Pet Co
PetCo
Miami
Oferes Uf
Mo Pac
Mont Power Co
Mont Power
Cloak & Suit
Nevada
Nynh&h
Eas
Y Ont & W
Nor & Wesseeee
Nor Am Ooo
Nor Pac
Pacific Mail
Penn
People’s Gas
Philadel Co
Pitts Coal
Pitts Steel Pf
Ry &T
Enews
Rep I & Spf
Rock Retail
Rumely Co
Sl& SF
Sears-Roe
Sony P
Texas Pacific
The
Texas Qo
Tex Co Pd
Third Ave
Underwood Ty
Union Pac
Hi Low
AT & T cv
Gulf
Central Vt
Pond Creek
Swift & Co
Ahmeek
Alaska
Algomah
Allouez Aseee
Am Ag Chem
Ag Ch Pf
Am Tel & Hi
Am Woolen
Eag
Arizona
Atchison
Bos & Alban
Bos Elevated
Bos & Maine
Butte Ballak
Butte & Sup
Cal & Arizona
Cal & Hecla
Eevee
Hancock
Indiana
Inspiration
Isle Royale
Lake
McElwain
Michigan
North Butte
Old Colony
Old Dominion
Osceola
Pond Ork Coal
Pullman Co Severe
Quincy
Prac Ceceues
Reece But Hole
Santa Fe
St Mary's
Shannon Peamenee
Shattuck-Aris
South Lake
Sup & Bos
U B Steel
U S Steel
Utah Apex
Utah Consol
Utah Cop Co
Ventura Oil
West End
West End Pf
Winona
Western Union
Wollaston
Wolverine
International Mercantile Marine Preferred
Beder
Braden Copper
Driegs-Seab
Seeee Il
Emerson Phowenee
Goldfield C
Hendee
Kennecott
Magma Seeeeres
Nissing
Riker & Hege
Stewart
Steel Co
St Jos Leaee
Bond Market Snapshot with Mixed U S Issuances
The list shows varied bonds from Republic I to Union Pacific and Manhattan Ry with prices and yields around 90s to 94s. The market includes rail, steel, chemical, and utility issues with several 4s and 5s noted, reflecting a cautious credit environment.
Money Markets and Foreign Exchange Report
Sept 27 market update shows 8 percent rates for call loans and 4 to 6 percent on commercial loans. Commercial paper 3 to 4 percent. Treasury operations noted a 480,000 net loss since Sunday. Foreign exchange largely unchanged with London pound at 4.7142 dollars and francs at 5.85. Clearing House figures indicate New York funds and Sub-Treasury credits with sizable year over year balances.
MENTIONED IN THIS ARTICLE
New York
Boston Reserve Bank
Treasury
Clearing House
Sesseereresseeree Nan
Boston
Escersrees
Eersees
Treasury_ credit
Seccecceseessee
Sevtedese
Cheney Sued for 45 Dollars in Municipal Court
In municipal civil court, a suit by Stearns and McKay Co seeks judgment of 45 dollars with 10.14 in costs. An execution on a 45.28 judgment was entered and allegedly never satisfied.
MENTIONED IN THIS ARTICLE
Benjamin P. Cheney
Stearns & McKay Company
Submarines for Russia Under Construction in Vancouver
Five submarines are under construction in Vancouver to be delivered to Vladivostok for the Russian navy. After completion the boats will be disassembled and shipped in sections aboard freight steamers.
MENTIONED IN THIS ARTICLE
Russia
Vancouver
B. C
Vladivostok
Receiver Appointed for Missouri Kansas and Texas
The United States Circuit Court appointed President Schaff as receiver for Missouri Kansas and Texas Railroad amid long-standing financial distress. The carrier faced $171 million in bonded debt, with only small equity and a looming need for stockholder cash to avoid liquidation.
MENTIONED IN THIS ARTICLE
Missouri Kansas & Texas
United States Circuit Court
Schaff
Boston Stock Exchange Elects New Officers
The annual election named Walter Jackson as president, Charles Hayden as vice president, and Sidney Chase as treasurer. The governing committee for the 1917 term includes Charles Tewksbury, William N. Goodnow, George T. Rice, Jesse B. Hubbard, George Rich, and Bartlett H. Hayes, with Hubbard and Hayes succeeding James Dean and Sumner B. Pearmain. Tamarack increases rock ship ments to 1800 tons daily.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Walter Jackson
Charles Hayden
Sidney Chase
Charles Tewksbury
William N. Goodnow
George T. Rice
Jesse B. Hubbard
George Rich
Bartlett H. Hayes
Duquesne Light Plans New 7 Percent Preferred Stock Issue
Duquesne Light Company of Pittsburgh offers a new block of 2.5 million dollars in 7 percent cumulative preferred stock through a local syndicate including Hayden Stone Richardson Hill Edmunds Ladenburg. The issue aims to yield 6 3 4 percent, with 4 426 million in outstanding securities and 21 567 million in common stock.
MENTIONED IN THIS ARTICLE
Duquesne Light Company
Pittsburg
Hayden, Stone & Co
Richardson, Hill & Co
Edmunds Bros
Ladenburg, Thalmann & Co
Duquesne Light
Funeral for Samuel S Shaw Eminent Boston Lawyer
Funeral services for Samuel Savage Shaw a veteran Boston lawyer son of the late Chief Justice Lemuel Shaw were held at his residence 49 Mt Vernon street with Rev Samuel A Eliot officiating. Interment was private at Mt Auburn Cemetery. Attending the service were Judge Robert Grant Edwin H Abbott George A Crocker Charles P Greenough Charles C Read John Lowell Samuel J Elder and Alfred Hemenway from the Boston Bar Association.
MENTIONED IN THIS ARTICLE
Samuel Savage Shaw
Boston
Lemuel Shaw
Mt. Vernon Street
Samuel A. Eliot
D. D
Emeritus Eliot
Harvard
Shaw
Mt. Auburn Cemetery
Bar Association of the
City of
Robert Grant
Edwin H. Abbott
Mr. Shaw
George A. Crocker
Fisher Ames
Charles P. Greenough
Charles C. Read
John Lowell
Samuel J. Elder
Alfred Hemenway
Attractive 7 Percent First Preferred Stock Promotion
A speculative investment offer highlights a 7% first preferred stock with equal profits after 10% on common stock and equal voting power. The issuer provides a Special Circular with full details.
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Pacific Gas & Electric Co
New York State
California
R. R. Commission
Ctrree
UMICD
B. P
John Nickerson, JR
Broadway
N. Y
N. Broadway
St. Louis
Baldwin
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Washington Oil
L. R. Packard
Mer
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America
Big Ledge Copper
le Ducs
Jones & Baker Stock Brokers
Devonshire Street
Fort Hill
Philadelphia
Chicago
Zs Cpas
State Public Utilities Commission of
Illinois
East St. Louis Light and Power Co
Illinois Public Utilities Commission
East St. Louis and Suburban Co
Rhode Island Savings Banks
Bodell & CO
Congress
Boston Stocks
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Swn
Beth
Peoria & E
Ray
Republic I & 8
Ben Sie
Byars
Biverce
M4 Trust Co
St P M&m
Eab
Air Lady
Mil & &T Pr
Mil&st
Mil &St Pi
Biree
Mil & St
Puget
Lorillardo
Aare
Manhattan
Mex Pet
Union Pac Ist
Pac
York
UNITE
New States
Stock Exchange
Ap Lst
du Pont de Nem
Pacific
Nyc
Erie Plien
Mn Pacific
Adams
Alaska Mines Erie Cvt
Cot
Peo Gas & Ue O
G Ray & Wade
Theese Armour & Core
Neers
At&sf
Ll& N
Mer Marine Mont Cendiv
Trust Co
Song T&ts
Balt & C
Te Town Central
Perere
Viernes
Saveee
Steree
Southern Ry
Peass
Hy Sa
Cmilk Ee Ev
E&west
Lake S
Pexas &P i
Rs O
Peoria
Ee Vnion
Bee
Ceenes
Montana Pwr
Lee National
Cc & West Ind
Coium
Calan
Cccesi Lealta
del & H
den & i
West Shore
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Utah Metals
Eagle & Blue Bell
First National Copper
Majestic
Zinc
Fortuna
Bay State Gas
Barnes King
Boston Corbin
Butte & Son
Calaveras
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Champion
Paste & B Bell
First National
Fuller
Humboldt
du Pont’s
Southern Pacific
Standard Railroad
Duponts
Hendee Manufacturing Company
United States Worsted
Laconia Car
Laconia Car Company
Prey
Dee
Pry
New Orleans
Vusegeha Oh
Liverpool
Boston Bank
F. R. Bank
Eee
F. R. Bk
Financial News Notes
Wena
Everrenee
Boston Post
Duquesse Light Co
Minn
Duluth
St. Weet
U. S. Navy
Lake Torpedo Boat Co. Butthera
Gwynne Kbrothers
Broad St
Davis-Daly Copper CO
Davis- Daly Copper Company
Francis Henshaw & Co
Milk Street
Mass
Federal Trust Co
Co. G. Schirmer
Triangle
Edward E. Epps & CO
Broad Street
Dallas Electric Company
Dallas
Texas
Stone & & Webster
Island Creek Coal Company
Common
F. W. Batchelder
Nipe Bay Company
State Street
John W. Damon
Massachusetts Gas Companies
BKB. M