Market Review and Outlook Signals Slow, Uneven Recovery
The market drifted with little movement last week as railroads and copper slumped about a point while the industrial average dipped slightly. Despite some weakness in several sectors, overall losses remained modest with industrials up from December lows and copper and rails near prior lows. Bankers note dividends cuts, copper mill closures, and weak February railroad reports, but optimism persists from autos and a cautious international outlook amid Europe’s reparations debate.
Notice of Bond Sinking Fund Offers for Writing Paper Bonds
Old Colony Trust Company trustee seeks bids for 20 year sinking fund bonds of American Writing Paper Company due 1939. $182 006 in the sinking fund to invest. bids to Court Street Boston by May 31 1921. interest on accepted bonds ends June 2 1921.
MENTIONED IN THIS ARTICLE
American Writing Paper Company Firet
Court Street
Boston
Maas
OLD Colony Trust Company
R. Wakefield
Unfavorable Business Climate Across Globe Deepens
The business world faces widespread dividend cuts and record low activity. European economic conditions add to the gloom as trade and markets falter, signaling a prolonged downturn and cautious outlook for the coming period.
MENTIONED IN THIS ARTICLE
Europe
Answers to Inquiries Column in the Boston Post
The Boston Post announces a weekly Monday column answering reader inquiries on listed and unlisted stocks and bonds of Newaguas industrial public utility bank and mill companies. It promises impartial data based replies and disclaims market forecasts and opinions. Inquiries must include full name and street address for attention by the financial editor.
MENTIONED IN THIS ARTICLE
Boston Post
Newaguas
Post
Inquirer
Boston
Maes
Butte & Superior Mining Company overview and outlook
Butte Superior owns rich zinc deposits with 623,000 tons ore at 16.7 percent zinc and 6.7 ounces silver per ton. it is a low cost producer and mainly a zinc mine with some copper. The last quarter 1920 showed an operating deficit near $170,000, though 1919 profits were strong. Net current assets around $3.5 million and no outstanding debt. The company is shut down awaiting demand and profit, and faces a disputed liability of $451,000 to Minerals Separation. Zinc prices have fallen from 1920 highs, but future looks potentially speculative as market recovers.
MENTIONED IN THIS ARTICLE
Butte & Superior Mining Company
J.T. R. Cranston
R. I
Butte & Superior
Minerals Separation Corporation
Supreme Court
United Alloy Steel plans merger and stock rise
United Alloy Steel Corporation, formed in 1916, reports 1920 net profit of 2.97 million after tax and a capital stock value of 25.09 million. Thecompany plans to increase common stock by 380000 shares and issue 60000 new preferred shares while merging with Berger Manufacturing and United Furnace Company. Dividends paused on common stock as of March 4 1921, with full details on assets and inventories.
MENTIONED IN THIS ARTICLE
Ity
United Alloy Steel
United Alloy Steel Company
Springfield
Mass
J. R. SE
United Alloy Steel Corporation
New York
United States Steel Company of
Canton
United Furnace Company
New York Stock Exchange
Berger Manufacturing Company
United Alloy
Funeral of Marine Hall with Full Military Honors
Private William C. Hall of the 66th Regiment of Marines died from wounds received in action at Chateau-Thierry on June 9, 1918. His funeral in Somerville featured full military honors with veterans, National Guard, and a marine detail escorting the body from the armory to the First Baptist Church for services, then to Cedar Grove Cemetery via Cambridge line for burial.
MENTIONED IN THIS ARTICLE
William C. Hall
66Th Regiment of Marines
Chateau-Thierry
Somerville
National Guard
Navy Yard
First Baptist Church
Chellis V. Smith
Cambridge
Cedar Grove Cemetery
State storytelling course reopens April 12 in Boston
The State division of University extension repeats its storytelling course to accommodate residents of Boston and nearby areas who missed the January State class. The program begins Tuesday evening, April 12, and runs weekly.
MENTIONED IN THIS ARTICLE
Boston
State Division of University Extension
Also Mentioned on This Page
Winchester Repeating Arms Co
J. E. Otterson
Winchester Repeating Arms Company
New Haven
Connecticut
Winchester
United States
Winchester Company
Messrs
Alexander & Green
James E Wheeler, Esq
Oungpany, Certified Public Accountants of
Kidder, Peabody & Co
Devonshire Street
Broad Street
J. Bean
Germany
Dwight W. Morrow
J. P. Morgan & Co
England
France
Morrow
K. Pond Company
Devonshire St
Sinclair Oil-Columbia Graphophone
Sinclair Consolidated
Columbia
Portland
Delaware
Sholan Company, Inc
Sinclair Consolidated Oil Corporation of New York
Sinclair Consolidated Oil Corporation of Delaware
New York Corporation
Tennessee
Oklahoma
Texas
Louisiana
Canada
Standard Oil Company of
Indiana
Sinclair Pipe Line Company
Sinclair
Columbia Graphophone Manufacturing Company
American Graphophone Company
Bridgeport
Conn
Harvey Fisk & Sons
Blodgett, Hart & Company, Inc
Harvey Fisk & Sons Incorporated
Nassau Street
Pliny Fisk
John H. Blodgett
East 45Th Street
Chicago
South la Salle Street
State Street
Buffalo
Ellicott Square
Kingdom of
Denmark
National City Company
Financial Editor
Mechanics & Metals National Bank of
New York City
America
New England
Frederic H. Curtiss
Federal Reserve
Federal Reserve Bank of Boston
Michael
Patricia
Kensington
Mrs. Smith
London
Clayton
Michael Courtly
Colum
Busby M.ayres
THE
Bell Syndicate, Inc
Patricia Rolf
Thames
Eter Rolf
Clayton Wold
Rolf Manor
Australia
Michael Rolf
Bernard Chesney
Chesney
Effie Shackle
Shackle Country Place
Effie
Shackle
Rolf
Philips
Mr. Philips
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