Wall Street Ends Mixed as Labor Tension Looms
Market opens sharply lower on railroad shopmen stand and Wilson stance with fears of a broader strike. Union and steel talks fuel cautious trading as investors weigh dividends cuts by Montana Power and Century Steel and looming obligations.
MENTIONED IN THIS ARTICLE
Wilson
Gary
Teel
Midvale Steel
Financial Updates and Market Movements Across Railroads and Mines
A report outlines proposed changes to corporate privileges and capital stock, with net earnings around $20 per common share for the year ending May 31. Punta San Juan lands show a 30 percent yield over estimates, while Punta Alegre trades near 66. Market sentiment weakens with New York declines and railroad strike vote rumors. Carson Hill stock moves as American Zinc sells treasury shares for a profit of 430000.
MENTIONED IN THIS ARTICLE
Punta San Juan
New York
New Haven
Boston & Maine
Parish & Bingham
Punta Alegre
Century Steel
American Zinc
Carson Hill
New York Exchange to Close Saturday this Summer
Governors of the Stock Exchange voted to suspend business on Saturdays for the fourth time this summer. Brokers face heavy clerical backlogs from the bull market surge beginning February 1, with Labor Day recess to help catch up on work delayed into nights and Sundays.
MENTIONED IN THIS ARTICLE
New York
The
Stock Exchange
Sinclair Consolidated Oil Corporation
Notton
York
Ember
Sinclair Gas Corporation
Sinclair Oil & Refining Corporation
State of New York
A. Steinmetz
Corporation
Broadway
Borough of
Manhattan
States of New York
Board of Directors
Gold Stampede Hits Copper Lake District
The Pas reports a sensational rush to the Copper Lake district after gold finds. Prospectors from The Pas have departed en masse as reports indicate quartz and nugget gold near the surface, according to government commissioners.
MENTIONED IN THIS ARTICLE
Copper Lake District
The
Pas
Man
Owen Tire Company offers 25 share subscriptions at 7 50
Whitney and Elwell offer clients subscriptions for 25 000 shares of Owen Tire Company common stock at 7 50 per share. The firm operates 16 New England stores selling tires and tubes. The company is capitalized with 125 000 of 8 percent preferred stock and 626 000 par value common stock, 125 000 of which is in the treasury for conversion of preferred stock, convertible par for par.
MENTIONED IN THIS ARTICLE
Whitney & Elwell
Owen Tire Company
New England
Market Watchers Note Crucible Short Interest Tactics
Financial editor outlines large short interest in Crucible Steel and insiders' tight control of stock supply. Examines market manipulation concepts, labor- economy signals, and bond yields as prices rise, with discussion of government stance and labor committees.
MENTIONED IN THIS ARTICLE
Crucible Steel
Shorts
Where to Deposit Your Savings
A list of savings banks, trust companies and national banks with dates in September, October and November marking when deposits on interest are drawn. Institutions include Andover Savings Bank Brookline Five Cents Savings Bank Boston Five Cents Savings Bank Melrose Savings Bank Columbus Savings Bank Franklin Savings Bank Home Savings Bank Hyde Park Savings Bank Medford Savings Bank Salem Five Cents Beanks Bank Suffolk Savings Bank Waltham Savings Bank Charlestown Trust Co Commonwealth Trust Co Cosolitan Trust Co Federal Trust Co Fidelity Trust Co Metropolitan Trust Co Old South Trust Co South Boston Trust Co United States Trust Co Fitchburg Bank and Trust Co Melrose Highland Trust Co Somerville Somerville Trust Co National Banks Boylston National Bank Union Market National Bank.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andover
Brookline Vings. Bank
Brighton Five Cents Savings Bank
Melrose Savings Bank
Melrose
Boston Five Cents Savings Bank
Columbus Savings Bank
Boston
Franklin Savings Bank
Home Savings Bank
Hyde Park Savings Bank
Medford Savings Bank
Salem Five Cents
Beanks Bank
Suffolk Savings Bank
Waltham Savings Bank
Waltham
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Olitan Trust Co
Federal Trust Co
Fidelity Trust Co
Metropolitan Trust Co
Old South Trust Co
Boston Trust Co
United States Trust Co
Fitchburg Bank and Trust Co
Melrose St Co
Highland Trust Co
Somerville
Somerville Trust Co
Money Market Rates Roundup
Current prices show brokers customers loans at 6 percent while outside brokers call loans also at 6. Commercial loans for customers and collateral loans run at 6 and seas 6 respectively. Commercial paper trades between 4 1 4 and 6 percent.
Vest Pocket Booklet Lists Independent Oil Firms
A compact booklet targets men seeking key names and core facts about established independent oil companies. It highlights market relevance and offers concise profiles of notable firms and their chief metrics.
Also Mentioned on This Page
Boston Belting
Baush Machine Tool
Plymouth
Cordage Hood Rubber
Fort Drummer Mills
Atlantic Coast Steamship Co
Crowell & Thurlow
Bigelow-Hartford Carget Co
American Hawaiian Steamship Co
Clinton Wright Wire Co
New Bedford Drydocks Co
Hendee Mfg
Lamson & Hubbard Isl
Old Colony Woolen Mills
C. D. Parker & Co., Inc
Trading Department
Devonshire ST
Fort Hill
Capital Stock
Mutual Divide Mining Company
Tonopah
Nevada
E. R. Bennett
M. F
School of Mines of
H. G. Raycroft
First National Bank of Nevada
Tonopah, Nevada
E. G. Taylor
E. E. Carpenter
L. L. Mushett
George L. Ware & Co
Congress Street
Telephones Main
R. S. Dodge & Co
Broadway, New York
Telephone Rector
U. S. Steel
Montana Fower Company
Poughkeepsie
Punta Alegre Financing
Punta Alegre Sugar Company
Merrimac Development Company
Merrimac
Renbers
Mass
U. S. Geological Survey
Uts
Frank W. Blair & CO
State ST
Australia
New Zealand
Bank OF New South Wales
Capital Reserve Fund Reserve Liability of Proprietors
John Russell French
Agengins
Fiji
Papua
George Street
Sydney
NEW York Exchange
Alavarado Secence
Albany
Arizona
Boston É& Fon
New Sete Abe
Crystal New Yenevtes
Eureka
Serene i Be
Gulfport
Nixon Ern
Perfection Tire
Ranger
Aedees
United Verde Ex
Vane
Hide & Lea
H & Lea
Inter
It & Ohio
Beth Steel
Fisheries
Butte & Sup
Calif Pet
Callahan Ki
Calumet & Ari
Canadian Pac
Col Fuel & Iron
CCC & Stl Pf
del & Hu
den & Rio
Erie
Fisk
Goodrich
Greene
Hartmann Cor
Silky
Haskell
Keystone Tire
Lehigh Valle
Maxwell Motor
Max Motor
Dept St’el
Minn & St Ln
Lily
Missouri
Mo Kan & T Pf
Pao Pf
Montana Pow
National Acme
Norfolk & Wes
No Pacific
SRI
Hed Nova 8Co Steel
Bly Silky
Ontario
Ier
Pacific Gas
Pan Am P & T
Penn Tl
Peoria & Easton
Pere Mar
Pettibone
Paneseee Go
Pierce
Pierce Oil
Pitt Coal
Pitt Coal Pf
R Iron & 1100
St & SF Tn Ter
Saxon Motorates
Seatpark Ar
Sheffield
Ith Pacific Ty
Ry Pf
Stromberg
Stromberg Rts
Studebaker
Utz
Twin City Rap Bi
Union Pacific
Shee Steel
Siig
Eseaae Erst
Toe Ue Doug Hat
Uryly SF
U Riof SF Pf
Oan Retail Stres
Ido US Ciee
U S
Utah Co
Utah Se
Va Car Chen
Tron C&c
Wabash of A. . el
West Maland
Weat Pacific
West Union T
W'house Air Br
West el & Mig
Willys O'land
Financial Editor
Gompers
Plumb
Congress
Boston Stocks Bonds
Atlg & WL
Swift & Go
Asn Sune
Anaconda
Bigheart
Boat & Albany
Elev Ps
Bost & Me
Helvetia
Indiana
Kerr Lake
Massachusetts
Trust Companies
National Banks Boylston National Banks
Union Market Nat’l Bk
Water’n
Keweenaw
Lake Ig
Seene
Mex Invest
Syn Od
Nat Teather
New Cornelis
NET& Tel
New River Com
North ButtersiNg
Parish-Bing
St Marys M Ld
Buy & Best
Ba Smit Rights
Aura Lebee Enews
Swift Int
Ehenee Anid
Trinity
Tuoluinne
Seienees
Uni
Utah
Ventura
Walworth
War Bros 2d Pf
Waltham Watch
West End
Winona
West Union
Aeree
Wolverine Tas
N. Y
Spas
Pee Eeeweteees
Money Market
United States
Jones & Baker Securities
Phares
Pittsburgh
Detroit
Philadelphia
Chicago
OTL
Ballroade— Motors — Rubbers
Eceive
Charles M. Schwab
G.F. Redmond & CO. Inc
State Street
United Shoe
A. F. Dow & CO
Investment Securities
Gambol Tous
Livingston Refiners Corp
Livingston Refiners Corporation
Devol
Oklahoma
Walters
Burkburnett Field
Exas
Livingston Oil Corporation
Metosa
C.D. Knarede
aCo
Bronena
Singer’ de
Tel
Cortlandt
American Oil Securities Co
West 42Nd Street
New York, N., Y
Bryant
Talbot Engineering Corporation
Cannon, Stamm & CO
New York Consolidated Stock Exchange
F. A. Steele
Galveston-Houston Electric Company
Galveston and Houston
Texas
Stone & Webster
Copper Range Company
F. W. Paine
del Sponters
Magnolia
Petit Paris
Chinute Boston
Milk St. Boston