Market Summary Reflects Gains Across Oils and Metals
The New York and Boston stock markets rallied with oils, motors, steels, and copper leading gains before profit taking. Analysts point to stronger domestic banks and improved foreign conditions, while rails lag on weekend traffic notes. General Asphalt reports 1920 earnings of 1.465 million dollars, and Simms Petroleum is expected to show a 2 million dollar deficit after charges.
MENTIONED IN THIS ARTICLE
New York
London
Stockholm
Christiania
Osceola
Greene-Cananea
Mohawk
Isle Royale
Calumet & Arizona
Atlantic Gulf
Liberty
General Asphalt
General Asphalt Company
Sewall
Venezuela
Mexico
Simms
Simms Petroleum Company
Studebaker
First quarter 1921 loss for Co shows 98072 deficit
The company posted a loss of 98072 before depreciation and depletion in Q1 1921, with 29589 of that as operating loss and 69383 from inventory reductions to current market values. Eastern Steamship Lines also showed a March deficit but improved versus prior months, total deficit 80041 vs 158189 in March 1920. Grain market saw notable losses with May and July futures down across wheat corn and oats. Federal Reserve Board Bulletin notes market stability in April despite European unsettledness and little adjustment in ally claim settlements. exchange quotations held steady near March opening levels with limited offerings.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Federal Reserve Board
Europe
Market Edges Higher on Optimism and Pools Activity
Financial writers note continued market strength with transactions over a million shares. Gains span one to three points as favorable reparations outlook and reserve ratio progress support sentiment, while insiders push pools to shape public interest and lift stock prices amid a cautious backdrop.
MENTIONED IN THIS ARTICLE
E Steel Corporation
Boston
New York
Savings Banks List With May Dates for Boston Area
A compiled list shows multiple savings banks in the Boston area with May filing or action dates. Banks include Andover Savings Bank Brookline Dorchester Hibernia North End Boston Five Cents Franklin Somerville Inst for Savings Roxbury Medford Suffolk Union Institute Waltham Warren with various May first or related dates and one April 3 entry.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andover
Biackstone Savings Bank
Five Cents Savings Bank
Brookline Savings Bank
Dorchester Savings Bank
Farm’s & Medh
Say
H’m
Hibernia Savings Bank
Boston
al North End Savings Bank
Waltham
Warren Institution
Interest-bearing deposits listed by local trust companies
Deposits in savings or interest departments from Charlestown Trust Co Boston Commonwealth Trust Co Boston Federal Trust Co Boston Hub Trust Co Jamaica Plain Trust Co Market Trust Co Brighton Melrose Trust Co Melrose Somerville Trust Co show May dates. The fragment notes May as the month for most institutions with one April 8 entry.
MENTIONED IN THIS ARTICLE
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Boston
Federal Trust Co
Hub Trust Co
Jamaica Plain Trust Co
Market Trust Co
Brighton
Melrose Trust Co
Melrose May
Somerville Trust
Somerville
Bank Arrangements in Boston and Chelsea May Dates
A list shows Haymarket National Bank Boston arranging with Boylston National Bank Boston May 1 plus Mattapan National Bank May 1 National City Bank Chelsea May 1 Union Market National Bank Watern May 1 and First National Bank of Malden May 15 for unspecified transactions.
MENTIONED IN THIS ARTICLE
Haymarket National Bank
Boston
Boylston National Bank
Mattapan National Bank
National City Bank of
Chelsea
Union Market Nat. Bank
Water’n
First National Bank of
Money Market and Foreign Exchange Rates Report
Money market shows brokers’ loans at 7 to 8 percent for 18 year commercial loans. Clearing House, exchanges and FR credit figures listed. New York foreign exchange late afternoon quotes per unit of currency include dollars per unit for demand and cables, with several currencies showing only. Notes state quotations apply to equivalents of $25,000 or more.
MENTIONED IN THIS ARTICLE
Taide Ag Tak Idual Eee
Pe Reat
Ew York
Sweden
Denmark
Norway
Argentina
Also Mentioned on This Page
Permanent Charity
Boston Safe Deposit
Trust Company
Franxun Street
Ancn
Devonsmas
Asphalt
Gulf & W. I
Ventura Oil
Carson Hill
Copper Range
American Telephone
Calumet & Hecla
American Agricultural Chemical Common
Parish & Bingham
Swift & Co
United Fruit
United Shoe Machinery Common
Steel Operations
United States Steel Corporation
Independents
Concensus
Liverpool
England
Triple Alliance
Germany
American Railway Express Company
American, Adams and
Wells Fargo
American Express Company
American Railway Express
American Express
Adams
United States
M. E. Wood
Financial General
Helvetia Copper Co
American Zinc, Lead & Smelting
Devonshire Street
Fort Hill
Boston-Montana Corp
Development CO
Activ. Dle
Marnate
Temple H. Fay & Co
State St
Bosto Boston
Texas Co
Middle States
Sinclair Cosden Co
Royal Dutch
Livingston
Pure Oil White Pet
Transcontinental Cashing Pet
Dominion Oil Producers & Ref
Moat Spacious
Withington & CO
State Street
Main
Allied Chemical
Ag Chem
Allis Chal Pf
Syn Wits
al Pt
Inter Corp
St Foundry
Ta & Tela
Atlas Tack Corp
Baldwin
Brook RT
Cop & Z
Callibes
Cerro de Pasco
Ches & Ohio
Chi & E
Col & South
Columbia Graf
den & Rio G Pf. A
Endicott
Erie
Gaston Wil & W
Wee Eee
Cigar Pf D
Ms General
Gen Motors Pf
Gulf Mo! &N
Gulf
Haskell
Hendee
Ara Ip
Indiahoma
Inspiration
Interboro
Int Corp Pf
Intervester
Inter
Invincible
Oil & T
Lehigh Valley
Loew's Inc
Liggett & Mot
Loft Inc
Wil
Ar Seteew Ene
Lorillard
May Dept Store
Petro
Bite
Middle St
Midvlne Steel
Minn & St L
Dal & T
Montana
Montbeeen
Nat Biscuit
H&h
Nee &Ww
Nor & West
Nor Pac
Nor See Steel
Otis
Am P& TB
Aig
St Louis
Sl&sf
Cecilia
South
Utah Te Corp
Va-Car Chem
Vivpecen Inc
le Wan of. & Heiller
Wenting Hi & Mt
Lye Oland
Willys Oland Pf
Wilson Co
Boston Stocks
Bos & Albany
Bos & M of C
Cal & Arizona
Cal & Hecla
Mex Invest
Nat Leather
New Haven
Punta
Co M.ning
St Mary’s M L
Swift
Utah Metals
Ventura
Allied Oil
Iss Gage Coger S
Atlantic Pete
Carib
Mtn
Omar
Seer - Oh
Ah Mining
ABC Metals Eee
Neweae
Big Ledge
Seeee Heen Enee
Sig Steet Eee
Caledonia
Terete Ewe
Tonopah
Averege
Active Industrials Terre
Ensitaantee Ac
Arizona
Financial Editor
Wall Street
Livermore
Castles
Sinclair
C.P. Dow & Co
Dictionary of
Foreign Exchange
McCall & Riley Co., Inc
Broad St
Rose & Company Investment Bankers
Bos & Montana
Ilvef
Systematic
Sumatra
Western Union China
Amer
Woolen Island Oil
Tel
Perfection Tire
Keystone Tire Gen's Asphalt Middle St. Oil Fisk R. Tire
Pierce-Arrow Studebaker Se. Pacific
Simms Pete Kinclair
Boston & Montana
Bank and Commercial
Albert Sutcliffe & Co
vAly
Washington,St
Devonshire St
Massachusetts
National Banks
Eureka So Holly
de Ig
Eureka C
Lfport
Miami
Money Market
Mhiel
Ourters
Pierce-Arrow
Glenrock
Boston-Montana
Maxwell Motors
Butte-Superior
Davis-Daly Prod
Hind Copper
G. F. Redmond & CO
Congress St
Hecla Divide
Metropolitan Trust Company
Hecla
P. S. Edmands
Arlington, Mass
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