Municipal Ends and Easy Yields Pause in Normal Times
In normal times only those satisfied with low yields can afford the luxury of municipal ends. The statement reflects the premium investors place on stable, low risk instruments when market conditions favor safety over high returns.
Market Rallies After Sharp Break In Yesterday's Trading
Market-wide losses from one to three points marked yesterday's session with United Fruit and several coal and copper issues among the weakest. New Haven led rails in activity while Boston issues saw limited trading as pressure persisted in packing stocks and odd lot trading in American Telephone continued. Central Aguirre Sugar calls a special meeting to approve 100000 extra common shares, with possible stock dividend or cash distribution, reflecting a $3 million surplus aim and a $3 million capital base.
MENTIONED IN THIS ARTICLE
United Fruit
New York
Old Dominion
Wolverine
Quincy
New Haven
Boston & Maine
Boston & Providence
Rutland
Atchison
Swift
Swift International
Libby
National Leather
American Telephone
Central Aguirre Sugar Company
J. D. H. Luce
Island Oil plans refinery expansion at East Braintree
The East Braintree Refinery of the Massachusetts Oil Refining Company, linked to Island Oil & Transport, will start operations this month with an initial 4000 barrel daily capacity and aim for 10,000 barrels daily in time. President Robinson projects net earnings of about 2.5 million yearly after a 15 percent depreciation but before taxes, as the firm issues 750 thousand dollars of 7 percent participating secured notes for new equipment.
MENTIONED IN THIS ARTICLE
East Braintree
Massachusetts Oil Refining Company
Island Oil & Transport Company
Robinson
Money market rates from brokers and customers
Outside brokers offer quick call funds at 8 percent. Customer brokers loans run 8 percent. Individual collateral loans range 7 to 8 percent. Commercial loans to customers 7 to 9 percent. Commercial money sits 8 to 8 percent. Year money 7 to 8 percent.
Where to Deposit Your Savings
Financial guidance notes national banks such as National Bank in Boston and Union Market National Bank in Watern, advising deposit options for savers in the era.
MENTIONED IN THIS ARTICLE
National Bank
Boston
Union Market Nat. Bank
Water'n
Also Mentioned on This Page
Newport, R. I
Dallas, Texas
Bend, Ind
Iter Wks
Cleveland, O
Augusta, Me
Providence, R. I. Reg
Baltimore
State Street
Springfield
Providence
Island Oil
Steel
Nat. Leather
Central Aguirre
Middle States
New England
Amerige-Davis Machine Co
Huntington Ave
C. P. Dow & Co., Inc
A. F. Dow & Co
Chas. P. Dow, Pres. and
Treas
East Coast Fisheries
Foreign Exchange
Hmisenn Asco
Murray Hill
Inspiration Copper Company
Calumet & Arizona
New Cornelia Copper Company
International Motor Truck Corporation
Ajax Rubber Company
Canadian Car and Foundry
Tennessee Agricultural Chemical Corporation
Federal Reserve Banks
Adams Express
Ubber
Alaska
Aera
Hide & L
Hide & L. Pt
Am Star Corp. Lessee
Razor
Ship & Com
Sm & Beersee
Sm & Repf
St Foundry
Sumatra
Anaconda Co
Atl Bir & Atl
Atlantic Coast
Atlan G & W
Atlantic
Austin
Baldwin Loco
Balt Ohio
Balt & Ohio
Butte & Sup
Cerro de Pasco
Ches & Ohio
Chi Mil & St P
St P Pf
Chi & N’ West
Chi Pneu Tool
Chi R I & P
Epee
Chile
China Lleope
Col Peel & Iron
Columbia Graf
Germany
State St
Boston Bank Floor
Boston Stocks
Con Cigar Corp
del & Hudson
Denver & Io G
den & R
Endicott
Ernee
Erie
General Motors
Goodriel BF Pf
Gray & Davis
Gt North Sane
Teene Can’ Ee
Gi If Mobile
Haskell & Bark
Mig. Erebee
Ho Restake Neeewee
Mer
Ad F
Invincible Ol.ron
Ones Bros Tea
Kansas City
Lorillard
Vaville & Nash
Ashes
Mackey Cosps
artin-Parry
Mathieson
Alka
Maxwell Motor
Eeee
Midvale Steel
P& Ssm
Minn & St Ln
Missouri K
National
Acme
Enam
aNan Wy Nu Folk
North Pac
Nova Sco Ste
Ohio Fuel
Okla Pro & Re
Ontario
Otis Elevator
Otis Steel
Owens Bottle
Pacific Mail
Pacific Gas
Pan-Am P & T
Pan-Am
Pennsylvania
People's Gas
Pere Marquette
Philadelphia Ca
Phillips Jones
Phillips Petrol
Wee
Pierce
Pitts
Pitts & W
Pond Creek
Punta Pure Oil
Ry Steel Spring
Remi Reading
Stee Repl
Oyal Dutch NY
Jos
St Louis & Louis
Be Ia
St Louis
I Cateneaee
Wage Arms
Seaboard Air
Sears Roebucs
Shattuck Arib BS
Shell Transvons
Sinclair Oil
Sloss
Sheffield Athern
South Railway
Stand O of Nice
Texas & Pacific
Tex Pac C & 0
Times Auto
Tran & Wilms
Union
Union Pacific
Univ
United Pulte
Western Union
W & LE Pf
White Motor Sees
Willys O'land
Willys O'lan
Wilson Co
Wisconsin Cen
Besepee
Am Agri Chem
Bigheart Eeeeeres
Bos Flev
Tee Eeenee
Bos Me Reeves
Cal & Arizona
Cal & Hocla Weeese
Carson Hill Tee Anes
Century Steel
Chic
Pff
Connor J
Co. Range
Daly-West
Davis-Daly
Esst Butte
Edison Electric
Fairbanks
General Electric
Greenfield T & Do
Com Corp
Int Products
Isle Royale
Libby McNeill
Mohawk
Nat Leather
New Cornelia
E Tel & Te
New River Ce
Nipissing
Ferry
North Butte
Ohio Cody
Dominic
O “Lk
Carl & P. Beeeneee Danee
Naneene
Nor Amer P & i
Terest Reee
Radio Corpn
Enone
Nsssesveeeeses United En
Shar
Allen Oil
Wenee
Allied Oil
Weeee
Pete
Peewwee
Bigheart
Eeeewenee
Boone Oil
Boston Wye Oil
Carib Synd
Berlin
Hamburg
Vienna
Munich
Italy
Poland
Austria
French
Greece
Seneca
San
Utah
Ates
Ventura
Eeee Renee
Walworth
West End
West Union
Wickwire
Will & Baumer
Osees
Olverine
Aw Enee
Aris
Eenee
Tate
Ree & Ae
Daddy
Eureka
Silver Reef
Exania Oil
United Verde
Pevacas
Merritt
Mexico
Salt Creek
Southwest
Victoria Oil
Ain
Woodburn Oil
ABC
Neous
Montana
Canada Copper
Candelaria
Cons Co Mines
Eureka Holly
Jim Butler
Acres North Star
Wilbert
Yerrington
Money Market
York
Evvccs
France
Norway
Jeebdpoesee
Argentina
N. Y
Cotton Market —Trust
Pesesveeeee
Eee En
Wirth Myers Inc
Foreign Exchange Investment Securities Room
Liu
Milk Street
Mass
Fort Hill
National Oil Company
New Jersey
United States
William W. Cohen & Co
N. Y. Stock Exchange
N.Y. Cotton Exchange
Chicago Board of Trade
Exchange Place
New York City
Reis Lloyd Limited, Inc
Investment Securities Foreign Exchange Equitable
Milk St
Massachusetts
Andover Savings Bank
Andoverer
Blackstone Savings Bank
Brighton
Five Cents Savings Frank
Wookline Savings Bank
Elrose Savings Bank
Melrose
Oston Five Cents Savings Bank
Columbus Savings Bank
Franklin Savings Bank
Tome Savings Bank
Medford Sa Pate. Bank Ag
Suffolk Savings Bank
Waltham Savings Bank
Waltham
Warren Institution For Savings
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Litan Trust Co
Osmot Co
Eneed
Wevaciua
Ge Cme
Seeesees Rens Ats
Baldwin Can
Pacific AM
SUGAR
ST. Paul
GEN. Motors
GEN. Electric
Studebaker
U. S. Steel
Washington St
G. F. Redmond & CO
Kingwood Oil CO
George Leland & Co
Court St
Withington & CO
Tel
Main
Post
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