Stocks Rally Brightens Trading After Early Lows
The market opened with renewed selling as margin calls hit but soon recovered with strong buying from pools and banks. General Motors and Republic led gains amid a broad rally, while Republic Steel’s first quarter report showed improved earnings and higher deliveries despite mixed peers.
MENTIONED IN THIS ARTICLE
Commission
Bears
General Motors
Crucible
Baldwin
Republic
Steel
Vanadium
Chandler Motors Considers 8 Percent Stock Dividend
Chandler Motors directors meet on May 6 to declare a stock dividend of about 8.13 percent. The regular quarterly cash dividend will be kept for June. earnings for Q1 1920 are estimated at 2.6 million dollars, or 48 dollars a share on existing capital, rising to 36 dollars a share after capitalization. Shipments were 7,373 cars in Q1 and 544 in the week ended April 12. A new 192,000 share Columbia Graphophone stock issue at 27.50 per share is offered to stockholders of record May 3 with payment due May 17 at Bank of America, to fund rapid expansion. President Whitten says production has risen to record levels, but demand still exceeds supply. Mo Nomac Spinning votes 100 percent stock dividend and increases capital from 1.2 to 5 million dollars.
MENTIONED IN THIS ARTICLE
Alaska
Bosch
Amh& L
Inter Corp
Ship & Com
Atlan G & WI
Balt & Ohio
Balt & Ohio Pf
M & St P
Gt West Pf
Erie
Jos Pf
Bears
Great Britain
France
Chandler Motors
Monomac Spinning Company
Market Skepticism After Declines Spurs “Mystery” Talk
Traders search for reasons as stocks slump with no clear news. Analysts cite high call money rates, Fed and Bank of England rate pressures, and a history of short bear cycles. Rail stocks lag despite bullish banking, copper remains mixed while margins stay light.
MENTIONED IN THIS ARTICLE
Federal Reserve
Age of England
Acadia Mills Declares 50 Percent Stock Dividend and Capital Increase
Hadley Gold Mining reports net earnings of 13741 dollars for the year ending December 31, 1919 totaling 13 cents per share, down from 66 cents the prior year. Rock Island rails reports 1919 stock balance of 1.76 dollars per share, versus 2.56 the year before, reflecting government compensation returns.
MENTIONED IN THIS ARTICLE
Acadia Mills
Hadley Gold Mining
Rock Island
U. S. Rubber elects Segar as president
At the New York annual meeting Charles B Segar was elected president of the United States Rubber Company and Samuel P Colt was named chairman.
MENTIONED IN THIS ARTICLE
New York
Charles B. Segar
Samuel P. Colt
United States Rubber Company
New York Market Recovers Ground After Upset Trading
The New York stock market rebounded from yesterday's slump, with gains of three to twenty points led by General Motors Steel and allied sectors. Volume reached 1,875,000 shares as call loans stayed at 7 percent and overall conditions remained stable despite speculative pressure.
MENTIONED IN THIS ARTICLE
Fruit
United Drug
Wooten
New Haven
Island Creek
New York
Vyancy
Strom
General Motors
Tle Steel
London
Europe
South America
Japan
United States
Also Mentioned on This Page
W An
Paige
Avis
Otis
Ile& N
Uva Sea Steel Nunnally Co
Ohio Cities Gas
la Pro & Re Intario
Otis Elevator
Ohio Free
Otis Steel Seeeese
Pacific Develop
Pacific Gas
Pacfic Mail
Pan-Am P & T
Pan-Am Pet
Parish
Bing
People's Gas
Philadel ‘ S Philli — ” Pierce
Pitts
Pond
Tron & Beeen
R Iron & Bt
St L& le
St. Nea
Uu Tei
Un-Al
Unio
Re&l
U S Steel
West Pacific West Pac Pi
Asi
Ease
Bosto
al Sete Veees
Ecco Se Ceree
Atlas Tack
Arizcor
Bighea
Cal & F
Carson
Fider
Baes ” On
Valer
Ney Mining
Mary's M Ld
Agneto
Boston
If Ft & Co
Money Market
Albany
Seavieve
al Led
Atia Ex
Bay State Gas
Hawk
Cal & Mont
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Anne
Midway
Mutal
Nat Zine
Okla O
Miami
Rasan
Santa Fe
Caemne
Renee Eee Eaeneres
Ober Rete Nate
Sterli
Cables
Pesctas St Weweente
Frances Nee
Kronen
Gables ON Ees Caeenee
Weet Eee
Norway
Nate Heeeee
Brazil
Rio
Una
Stone & Webster
Milk Street
Chicago
Chandler
Bigheart
Republic Steel
Lackawanna
Dend
Columbia Graphophone
New Stock
Financial Editor
Massachusetts
Mass
Spencer Trask & Co
Congress St
Electric Elevated & Subway Railway Co
Berlin
Germany
Fromeice
the Company
Greater Berlin
Court Square
Fort Hill
Hick Ow
Chicago Grain Market
I A. W. Lincoln & Company
Post Office Square
N. Y
Sewnaebeentes
Saudans
U. S. Rubber
Segar
New York Market
Intistatats
Og &l
Amer P & P
United Profit
UBS
Elk Basin
Glenrock Am Aly
Houston
Pete
Sland O & T
Cverstereerse
Vic i
Iby
Nek Mining
Sine Eeweeeteeree
acNamara
Nixon Nevada
Ohio Copper
King of
Ariz
Tee
Emiskaming Net
Tonopah Divide
Nopah Mining Southoutharante
Fan Ie
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