Markets Dull and Very Soft Declines in New York and Boston
Market activity remains weak with total shares traded in New York at 265 200 and Boston at 6339. Crucible Steel leads gains in New York rising to 81 1 2 while American Tobacco falls to 200. In Boston Quincy advances from 11 2 to 88 1 2 and Pullman drops to 141.
MENTIONED IN THIS ARTICLE
New York
Boston
Shannon
Crucible Steel
American Tobacco
Quincy
Pullman
Michigan
Mohawk
New River
Apt
New Haven
Utah
Utah Apex
Utah Metal
Ventura
Letence
Wolverine
West End Pf
Rails Hold Only Notable Move In Stagnant Market
New York market shows rail stocks as the sole movers with minor changes. Reading declines sharply, New Haven at a low, and New York Central dips to multi year low while U S Steel stays near the prior close. Total daily sales reach 280000 euros with Liberty bonds trading broader.
MENTIONED IN THIS ARTICLE
New York
Reading
Delaware & Hudson
New Haven
New York Central
United States Steel
Bethlehem Steel
Crucible Steel
Sinclair Oil
Ohio
New York Stocks Open with Mixed Quotations
New York August 20 prices show varied results with highs and lows across major issues. Net changes from the previous close indicate modest rises and falls as traders weigh market signals.
Market Tones Ease In Boston Trading Amid Small Volume
Boston market showed a weak session with very limited turnover as many trades were in odd lots. Boston & Maine and New Haven slipped on Public Service Commission income reports for the June quarter, while Atlantic Gulf and several industrials advanced marginally before closing lower overall. Plymouth Cordage calls stockholders meeting for August 24 to rescind a planned 100 percent stock dividend in light of potential federal tax changes.
MENTIONED IN THIS ARTICLE
Boston & Maine
New Haven
Public Service Commission
Atlantic Gulf
Oceola
Shannon
Utah
Calumet & Arizona
United Fruit
U. S
U. S. Smelting
Massachusetts
Nova Scotia Steel
Plymouth Cordage Company
Boston Stocks Reported Quotation Range
Boston August 20 stock figures show today’s high and low levels with the closing quotes and net changes from yesterday. The list includes leading securities and market activity across major sectors as traders assess gains and losses.
Railroads Soft Amid Coal Price Fears and Tax Talk
Market dull as rail shares slide with Reading, Lehigh Valley, Chesapeake & Ohio and Rock Island posting fractional losses. Analysts link weakness to government coal price fixes and Senate tax proposals while awaiting Bethlehem Steel and New Haven results and a potential stock issue.
MENTIONED IN THIS ARTICLE
Reading
Lehigh Valley
Chesapeake & Ohio
Rock Island
Crucible
United States Steel
Waltham Announces Tax Rate Drop to $21 Per Thousand
Waltham set its property tax rate at 21 dollars per thousand, a reduction of 60 cents from its previous year. The cut reflects officials aiming to ease local tax burdens while funding city services.
MENTIONED IN THIS ARTICLE
Waltham
Bond Market Reports Wide US Government Quotes and NY Deals
United States government bond quotations posted by the New York Stock Exchange show closing prices for 1930s and 1938 issues with various reg and coup notes. The report lists market activity and a tabulated set of bonds traded in thousands of dollars, along with receipts of total weekly and year to date sales figures.
MENTIONED IN THIS ARTICLE
The
Food Administration
United States
St. Louis
New York Stock Exchange
Mgm
Stock Exchange
Money Markets and Exchange Rates Briefing
Current prices show brokers loans 4 1 2 to 5 percent and customers loans 5 to 6 percent. Federal Reserve notes eligible for rediscount papers mature within 15 days and 16 to 90 days with various trade and commodity acceptances. Foreign exchange markets were quiet with sterling around 4 76 to 4 77 per dollar and other currencies listed.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Eral Reserve Bank
Frivoeyrl
Sry Ee Pact T Ks Ockes Eae
Liberty Loan
United States
Boston
Treasury
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Gold Hill
Western Utah Extension Copper CO
Western Utah Extension
Calumet & Hecla
United de Verde
United Verde Extension
Utah Copper
Kennicott
Chino, Chili and
Ray Consolidated
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A. B. Widney & Company
Scollay
Court Street
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DE F. Marquis & CO
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New York Market
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Fate
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City
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del & Hod
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Neseee
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Pullman Co
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Ll U
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Salmon W. Wilder
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Commission For National Defense
Lindsley Loring
Treas
William G. Oburg
Asst
George H. Clough
Philip Stockton Thomas Nelson Perkins Dudley P. Rogers
George F. Russell Stedman Buttrick Thomas B. Gannett
Merrimac Chemical Co
Earnest E. Smith & CO
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T&t
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Ashe
Sane
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Seeeses
Walter Harvey Weed
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G. F. Redmond & Co., Inc
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Stone & Webster
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Pawtucket and Woonsocket
Rhode Island