Market rally steadies after early uncertainty in New York
The New York stock market yesterday firmed from early doubt with rails and merchandising shares leading gains. Mexican Petroleum fluctuated, while Merchan dising and express stocks hit new tops for the year. Western Union jumped to its highest price since 1916 as expected dividend action loomed. Total sales neared 650000. Boston activity mixed with notable moves in Eastern Massachusetts Railway and Amoskeag.
MENTIONED IN THIS ARTICLE
New York
Boston
Mexican Petroleum
Trinity
Crucible Steel
American Locomotive
Baldwin
Express
Woolworth
Mallinson
Adams Express
Western Union
Fie
Eastern Massachusetts Bt. Railway Common
Eastern Mass
Amoskeag Manufacturing Common
Eastern Steamship
United Shoe Machinery Common
Warren Brothers Common
Ventura
Holleon Electric
Orpheum Circuit
Mass
Gas Common
United Fruit
American Telephone
Carson Fill
Boston & Maine
Aid
Investment caution: evaluating securities before buying
The Boston Post urges careful investors to investigate a security before purchasing. It outlines checks on value, earnings to cover interest and principal, and price alignment with risk and interest rates. It explains bond classes from A downward to speculative issues and invites reader questions to the Financial Editor at the Boston Post.
MENTIONED IN THIS ARTICLE
Wall Street
Post Financial Department
Inquirer
Boston Post
Boston
Mass
Mesabi Iron Co offers 100000 shares at 12 in New York
Mesabi Iron Co offers 100 000 shares of no par value common stock at 12 a share in New York. Midvale Steel & Ordnance Co supports the project and owns about 82 percent of Mesabi's outstanding common. Board includes Charles Hayden D C Jackling John D Ryan Percy A Rockefeller and others. Hayden is chairman Jackling is president.
MENTIONED IN THIS ARTICLE
Financial General
Saxon Motor Co
New York
Saxon Motor
E. I. Dupont de Nemours Co
Laclede Gas Co
Postum Cereal Co
Southern Pacific Railroad
Tennessee Coal & Iron Co
Ohio Fuel Supply Co. and Subsidiaries
Mesabi Iron Co
Mesabi Range
Midvale Steel & Ordnance Co
Mesabi Iron
Treasury
Charles Hayden
D. C. Jackling
John D. Ryan
Percy A. Rockefeller
W. WH. Corey
John R. Dillon
Hayden
Mr. Jackling
Market strength withstands strike news says Financial Editor
The Financial Editor notes persistent stock market strength despite strike talk. He cites Federal Reserve data and bullion inflows supporting easy money conditions and rising bond and railroad stock dividends amid ongoing oil industry inquiries and bank capital needs.
Trade Board Names Bassett for Cloak Industry Wage Panel
William R. Bassett of Miller Franklin Bassett Company is named representative of the Cloak Suit and Skirt Manufacturers Protective Association on the government wage board with the ILGWU. The three member board will set binding findings for all employers in New York and Chicago markets.
MENTIONED IN THIS ARTICLE
Fairchild News Service
New York
William R. Bassett
Miller, Franklin & Bassett Company
Protective Association
International Ladies’ Garment Workers Union
Max Lachman
Bassett
Cleveland
Chicago
Financial market chatter on copper stock and dry goods
The report notes Cerro de Pasco as a strong position with low-cost copper and ample working capital. It mentions Associated Dry Goods stock trading with rumor of a dividend hike in October and says the company is earning more than twice the current dividend rate. American Ice is said to have another strong year, while a banker warns of potential large chargeoffs affecting earnings.
MENTIONED IN THIS ARTICLE
Pere Marquette
Farnes
The
Stewart-Warner Speedometer Co
Net
Mathies
Alkall Works, Inc
Maxwell Motor Co
Maxwell
A. J. Bean
Roosevelt
Federal Reserve System
Western Union
Boston
American Telephone
Republic Motor Truck Co
Fa Players
Allied Chemie
Bosch
Hide & I Pf
Ice
Inter Corp
Am Express
la France
L France
Am Metal Co
Radiator Veese
Razor Et Oaks
Ship & Com
8M & Re
Sm & Repf
Sumatra
el & Tel Weana Lend
Aim
Asseta Realiz
Asso
Atch Tac
Atch T & SF Pf
Atlantic Fruit
Atlantic Coast
Dale
Brook. R.'s. Ctf
Brook
Burns Bro
Burns Bros (A
C.C.C
Coca Cola Smee
Col. Fuel & Tro
Col. & Southern
Columbia Gas
Columbia Graf
Colum. Graf, Pf
Cigar Corp
Dis. Inc
Davision Chem
DeBeers Con M
del & Hudaon
del Lack & W
Dome Mines
DuPont de Noo
Eastman K
Elen Bior Bat
Fikhern
Endicott'n
Erie
Fairbanks
Fed M & Sm
Freeport-Tex
Goodrich
BF Boone
Gray & Davia
North Ore
Gt Northern
Greene-Can
Guantan Sugar
Gulf States Riss
Alg
Lou
Hartman Corp
Henden Mf
Houston
Hudson Motor
Hupp Motor Car
Illinois
Interboro RT
Edison
Interboro
Invincible Oil
Island Oil & T
Kansas & Gulf
Lib
Kansas Ci
Yaclede Gas
Lake EK & W
Tenon
Tee Tire
Lutte
Lehigh
Lima Loop
Lima Jeer
Loews Inc
Loft Inc
Lorillard
Lo’ Ville
Mackay Coa U
Mackay Cos
Manati Bun Pf
Marland Dd Mathivsolk
Maxwell It
Cerro de Pasco
American Ice
United States Treasury
Salomon Bros. & Hutazler
United States
Bly
Eee Eens
Sweevere
Waltham Watch Dividend Note Fragment
Readable fragments show a Waltham watch mention with a 87 percent dividend percentage and references to Pennana and Winona. Details are incomplete but indicate financial terms tied to the watch context.
MENTIONED IN THIS ARTICLE
Waltham Watch
Waltham Pfd
Pennana Ae Nt Ak Pth
Winona
Oi Ividend
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Pete Marquette
Stewart-Warner
U. S
United States Worsted Co
First Preferred
Mathieson Alkall
Boston & Maine Railroad
Ceadova CO
Exchan
State Street
Financial Editor
Washington
Ioc
Rubk
Ena
Igt
R&r Lim & Co. A
Rmont
Arren Bros
Dilli Swift
Sugar
Bag
N & Maine
Eereee Arifona
Seaboard
Midvale Steel
Missouri
K& T
Moy K.& T.pf.wi
Missouri Pacific
Missouri Pac
Bot
Ontana Power
Mont. Power Pf
Nat. Biscuit
Nat. Biscuit Pf
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Nat. Nam. & St
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W Pf
Santa Cecilia
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Reneca
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South Pacific
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Transcent
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U.ry.in
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Union
S.C Lp.& Fy
S.hoffman Co
Re. & Imp
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Adijum Cor
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Wabaeh Pf
Wheeling & L
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le Wilson Co
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Wilco
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Agate
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Grand Trunk
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Independence Tea Mines
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Cen
Terete Teeee
Jerome Verde di AV Cape
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Ees Oh
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Star
Maine
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Cceaeees
Betes el
Minn & Stl
Mkan&tex
MoKan&Tex
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Orla Tex & Mex Inc
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NH & H
Wentobester & Bossige Gh
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Western Bell Tel
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Tel
Ctis
Ackard
Pan Amor Pet & Trans
Penna RR
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Enna
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