Market Reacts as Rails Show Strength in Yesterday's Session
Market columns note renewed short selling in New York after a rally, with rails leading gains led by Reading and other carriers. Copper prices firm amid producer sales while bonds show irregular activity and notes on American Telephone subsidiaries financing plans.
MENTIONED IN THIS ARTICLE
Shorts
New York
Southern Pacific
Norfolk and Western
Baltimore & Ohio
Mexican
Pan-American Petroleums
Houston Oil
Atlantic Gulf
Baldwin Locomotive
London
Liberty
International
Old Uv
Boston & Maine
New Haven
Telephone
Swift International
International Cement
American Telephone
New England Telephone Company
Erie
Ann Arbor
Missouri
Kansas & Texas
Butte zinc market stable after labor strike and company gains
Zinc prices softened in the second quarter due to a three week shutdown from a labor strike in Butte, reducing tonnage and zinc recovery. With conditions improving, Butte & Superior expects to benefit when buying resumes, supported by limited stocks and strong quick assets above $3.3 million early in the year.
MENTIONED IN THIS ARTICLE
Last Butte & Superior
Butte
Butte & Superior
Financial Editor's Notes on War News and Market Moves
Overseas reports favored the Reds and Wrangel while an armistice neared, yet cotton prices fell and industrial shares edged down. Reading led railroad gains amid court segregation plans, with large banks buying rail stocks. A fin analyst noted Europe’s copper demand rising, signaling potential shifts for U.S. metal exports.
MENTIONED IN THIS ARTICLE
Brest Litovsk
Wrangel
Reading
Where to Deposit Your Savings This Season
A list of savings banks and trust companies with noted deposit dates for interest eligibility. Institutions include Andover Savings Bank Melrose Savings Bank Blackstone Savings Bank Brighton Five Cents Savings Brookline Savings New Boston Five Cents Savings Columbus Savings Boston Franklin Savings Medford Suffolk Waltham Warren Institution for Savings and various trust companies in Charlestown Boston and Melrose. National banks Boylston Boston Union Market Nat Bank Waterin with Sept 1 dates.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andover
Melrose Savings Bank
Melrose
Blackstone Savings Bank
Brighton Five Cents Savings Bank
Brookline Savings Bank
New Boston Five Cents Savings Bank
Columbus Savings Bank
Boston
Franklin Savings Bank
Medford Savings Bank
Suffolk Savings Bank
Waltham Savings Bank
Waltham
Warren Institution For Savings
Charlestown At Co
Charles’n
Commonwealth Trust Co
Cosmopolitan Trust Co
Federal Trust Co
Fidelity Trust Co
Hub Trust Co
South Boston Trust Co
United States Trust Co
Elviry Melrose Trust Co
Somerville Trust
National Banks
Boylston National Bank
Union Market
Nat. Bank
Water’n
Bankers weigh France loan impact and Ponzi creditors list
Writers quote bankers saying the hundred million loan to France will be offset by gold inflows from Anglo-French payments. The Boston Post publishes the first Ponzi creditors list, spurring bankers to push tighter blue sky laws as public interest remains high.
MENTIONED IN THIS ARTICLE
France
Boston Post
Investment Bankers Association
American Bankers Association
Gilman’s Pay Raised by City Council
The City Council approved Mayor Peters’ ordinance raising Soldiers Relief Commissioner Gilman’s salary from 3500 to 5000 dollars per year.
MENTIONED IN THIS ARTICLE
Peters
Gilman
Also Mentioned on This Page
City of Manchester
New Hampshire
Messrs. Ropes, Gray, Boyden & Perkins
R. L. Day & Co
Congress Street
Nat. Leather
Warsaw
American Relief Administration
Berlin
Hamburg
Bremen
Rome
Prague
Budapest
Vienna
GEO. H. Perkins & Co., Inc
Far
Broad St
Reign Exchange
Kilby St
Interstate Commerce Commission
Hayden, Stone & CO
Springfield
Portland
Jones Bros. Tea Company
McCrory Stores Corporation
International Petroleum Company, Ltd
Standard Oil Company of
New Jersey
Tropical Oil Company
Columbia Gas & Electric Company
Norfolk & Southern Railroad
American Druggists Syndicate
Island Oil
East Braintree
Mass
Massachusetts Oil Refining Company
Island Oil & Transport Corporation
Judon & Manhattan
Were At
Ifornia Ee
Fornia Pet
Chandler
Gt West
Chi
Mil & St P
Mane
General Motors
Goodrich
Gt North Breese Reat
Greene Cannon
Guantan Sugar
Haskell & Bark
Hupp Motor Car
Island O& T
Lake Erie
Wish Il
Lehigh Val Seeeuee
Loft Inc Stent Ee
Petro
Middle St
Midvale Steel
Minn & + del
Nat Enam & St
Tex & Mex
Car & Fdry Y Chi & St L
N Y Ont & W
Am Hi & Lpf
Norfolk & Westmay
Am Inter Corp
American Steel
North Pacific
Am Locomotive
Nova Seo O Stee
Okla Pro & Re
Ontario
Ship & Com
Otis Steel Teen
Pan-Am P & T
Pan-Am Pet
Pennsylvania
Sumatra
Enn Steel Neeee
Ing
Ple's
Pere Marquette
Pierce Arrow
Realia'n
Balt & Ohio
Barrett Co
Beth Steel
Beth Stl
Ee. A & Bteel
Brunswie Term
Buffalo & Snagq
Roy D Dut Y
St Louis
Trans
Sinclair Oil
Wlmsons
Tenn Copper
Tex & Pac Weeesaes
Tex Cé
Union
Cas
Vivaudou Inc
Wabash
Setae
Wabash Pf
Maryland
West Ic
W& LE I Pf
General Electric
Gray & Davis
Greenfield
Port Gan
Libby McN & L
Maine Central ’ Theatres
Ahmeek
Am Tel & Tel. Oe
Anaconda
Arizona Com
Atlas Tack Seeeewe
Beth Motors
Peer Eeee
Boston &Ab Weee
Tas Ag
East Butte
Germany
State St
Boston Bank
Zolepnene
Baltimore
Providence
Financial Editor
Union Pacific
Money Market
Eal Bane
York
Cabies Ieee
Sweden
Norway
St Ee Ewer
Argentina
Rock Island
Boston & Montana
Crystal Invincible
OIL Island Oil Beth. Steel
Simms Petr
Eureka Sinclair General Motors
Helvetia
North Butte
John T. Connor Spencer Petro
G. F. Redmond & CO
Telephone Crucible
Baldwin Can
Pacific
AM. Sugar
B. R. T. ST. Paul
GEN. Motors
GEN. Electric
Studebaker
U. S. Steel
N. Y
Naart Sutcliffe & C
Washington
NTA
Co. P. Dow & Co., Inc
Chas. P. Dow, Pres. and
Treas
State Street
Wirth Myers, Inc
Investment Securities Room
Equitable Bldg
Milk Street
Fort Hill
Send For Our Market Review Co
L. Hayden & CO
Milk ST
Foreign Exchange
Pennaco
Murray Hill
Rothschild, Campbell Co. Ltd
Reester
Tastles
Eaaes Etieraios
The
Investor & Trader
Kingwood Oil Co
George Leland & Co
Court St
Withington & CO
Tel
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