Sharp Turn in Stock Market Yesterday
The New York market showed a reactionary trend in the early session, then rallied to close firm. Southern Pacific’s plan to separate holdings caused large swings. oils and industrials rose late while copper and steel slumped on price cuts and financial concerns.
MENTIONED IN THIS ARTICLE
New York
Southern Pacific Company
Southern Pacific
S. Steel
London
New Haven
Boston & Maine
Calumet & Hecla
Calumet & Arizona
Atlas Tack
Swift & Co
American Telephone
American Bosch
American Wool
Granby
Massachusetts Gas
United Fruit
United Shoe
Island Creek Common
Seneca Copper
Liberty Bonds
Goodyear refinancing announcement delayed after stockholder meeting
Refinancing talks for Goodyear Tire & Rubber Co are postponed until after the annual stockholders meeting next week or the week after. A $25 million interim loan arranged with banking interests will mature Feb 15 1921. Durant and du Pont interests maneuver in General Motors financing also described. Durant resigns as president but stays as director.
MENTIONED IN THIS ARTICLE
G. M. Stadleman
Goodyear Tire & Rubber Company
Durant
General Motors
du Pants
du Pont
House of Morgan & Co
Morgan & Co
du Ponts
New Securities Company
W. C. Durant
Consolidated and Steel Firms See Mixed 1920 Results
American Steel Foundries operates eight plants with Griffin Wheel at full output and expects strong forward business through 1921. 1920 gross near 105 million dollars with net around 5.5 million, about 8 dollars per share. Banks, rail and oil stocks post varied October results. Sears and Canadian Paper firms report notable shifts. Harvard Knitting downsizes to a three day week amid weak orders.
MENTIONED IN THIS ARTICLE
American Steel Foundries
Griffin Wheel Company
Griffin
Steel Foundries
Griffin Wheel
Denver & Rio Grande
Philadelphia & Reading
Chesapeake & Ohio
Pere Marquette
Texas & Pacific
Chicago
Canadian Export Paper Company
Durham Hosiery Mills
Davis - Daly Copper Company
Continental Motors Corporation
Consolidated Cigar Company
Reo Motor Car Company
American Smelting & Refining Company
Inspiration Consolidated Copper Company
Harvard Knitting Mills
Consolidated Gas Company of
New York
J. Thomas Baldwin
Boston Safe Deposit & Trust Company
White, Weld & Co
State Theatre Company
Marcus Loew
W. Douglas Flattery
W. Mulveny & Co
State Street
Market rally follows Southern Pacific plan announcement
Bears pressed stocks with heavy selling in Southern Pacific and St Paul before a 6 pm plan segregation news sparked fresh buying. SP rebounded above 110 as rails stabilized and industrals recovered, while curb rights and bond issues gain interest. Grain and cotton strength offers cautious optimism for stocks amid a broad market pullback.
Leather suits trimmed with fur bands in money market
Leather suits with narrow fur trim appear in the money market report as a notable fashion detail. The itemization highlights distinct material choices reflecting current style preferences and supplier options in the trading context.
Where to Deposit Your Savings
Money deposited in Massachusetts institutions earns interest from specified dates. Listed banks include Andover Savings Bank Andover Blackstone Savings Bank Hibernia Savings Bank Boston Melrose Savings Bank North End Savings Bank Boston Boston Five Cents Savings Bank Columbus Savings Bank Franklin Savings Bank Somerville Institution for Savings Home Savings Bank Medford Savings Bank Suffolk Savings Bank Union Institution for Savings Waltham Savings Bank Warren Institution for Savings with corresponding interest dates in December or January.
MENTIONED IN THIS ARTICLE
Massachusetts
Andover Savings Bank
Andover
Blackstone Savings Bank
Brighton Five Cents Savings Bank
Deckiine Savings Bank
Orchester
Savi Bank
Hibernia Savings Bank
Boston
Melrose Savings Bank
Melrose
North End Savings Bank
Five Cents Savings Bank
Columbus Savings Bank
National Banks Open Dates Listed for Boston Area
A list shows year end and opening dates for several National Banks in the Boston area. Haymarket and Boylston National Banks in Boston close Dec 31 and Jan 1 respectively, Mattapan National Bank opens in January, National City Bank of Chelsea starts in January, Union Market National Bank Water'n begins in January, and First National Bank of Malden closes Dec 15.
MENTIONED IN THIS ARTICLE
National Banks Haymarket National Bank
Boston
Boylston National Bank
Mattapan National Bank
National City Bank of Chelsea
Union Market Nat. Bank
Water'n
First National Bank of
Also Mentioned on This Page
Australia
New Zealand
Bank OF New South Wales
Peilop Capital Reserve Fund Reserve Liability of Proprietors
Sir John Ruggell French, K
New Guinea
Am. Agricultural Chemical
Pacific
Bigheart
U. S
American Agricultural Financing
American Agricultural Chemical Company
Virginia-Carolina Chemical Company
Thomas G. Plant Company
Big Shoe
New Jersey Corporation
New Massachusetts Corporation
International Trust Company
B. & M. Bond
Public Utilities Commission
Hudson
Commerce Commission
Commission
Goodrich
Financial General
Systematic
N. Y
Washington St. Boston
U. S. Metal Cap & Seal
Northway Motors
Fidelity Cap. Corp. Guaranty Sec. Corp
New England Breakfast Western Utah Copper
Pettijohns Pure Food
G. F. Redmond & CO
Fort Hill
American Woolen Company
Massachusetts Corporation
William H. Dwelly
Mass
Devonshire St
American Tel
TEL
J. S. Orler & Company Equitable
Crucible Verde
Boston-Montana Tone
Divide
Hayden Chem
Sinclair New Haven Erie Carib
Syn
Nipissing Am
Sugar Boston Elevated Perfections
Chile Sweets Co
Allied Oil
U. S. Ship Simms Pete Kerr Lake
Federal Oil
Gen’! Asphalt
Cushing Pete Merritt Oil Ltd
Tex. Oil
Baldwin Texana
Temple H. Fay & Co
State ST
New England
Maine
New Hampshire
Rhode Island
Connecticut
Geiler
Cambridge St
John A. York & CO
Bass
Chicago Grain Market
Jan Eeree Eeee Reer
U. S. Rubber
Guaranty Security Corp
Financial Editor
Bears
St. Paul
Southern
Alaska Gol
Car & Fdy
Ar 'Lide & L Pt
Ship & Com
T&t
Seseanes Eeesees
At& SF
Atlantic
Auto
Beth St
Beth Stl
Booth
Brook
Brunswick
Butte & Or
Au Ue
C.D. Parker & Co., Inc
Cerro de Pacso
Chandler Motor
Ches & Hio
Chic & Alton
Mil & St P
Chet West
Chi Pneu Tool. & Pac
Chi RT & P
Aeeee
Chino Co
CCC& IL
Cohan
Co Crucible Steel
Cible
Elkhorn Coal
Emerson
Erie
Seeee
Eltotehe Oo
Eerta
Motors¢eseee
Gray & Davis
Haskel Haskell & Bark
Interbo C
Int Corp Ph
Invincible Oil
Ion Products
Hliewel
KCF
Kansas City
Kan City
Kelsey Wheel
Keystone
Kennecott
Lack Steel
Laclede Gasteres
Lake E & W
Lake E & W Pt
Uta
K&t
al Acme
Eense
Iline
Vuit
Uit
A & St
Mont Mullir Atlor
el Arquette Prior
Petrol
Ibe
St Spring
R & Bteel
Repab Motor T
St NY
St Louis
Uis& SF
Saxon Motorager
Roebuck
Shell Trans & T
Sinclair Oil
Sloss
Sheffield
Pacfic
Uth Railway
South Ry
Stewrt Warner
Bkrs
Strom
den Chem
Studebak
Nor
Union Pacific
Union
Guffy Gil
Hudson Oil
Utah
Y Co Gas
Mest Tee Ewes
Marland Rig
Merritt Oil
Mexico
Vivaudou Inc
Vulcan
Maryland
Victoria New
West Pacific
West el & M
BC Metals Eter
Wheeling & L B
Boston Montana
Esate Waebibeeves
Willys O'land
Arizona
Walwork
Sears
el Salvador
Jureka Croesug
Steeeee Ween
Eeeseeren Ahaee Jerome Verde
Stewanas
Atten Ee Eereeeees Maaliemern
Ase Etthesreeses McKinsey Darragh
Nipissing
Ray Hercules
Rex Consolidated
Rochester Sil Coron
Stewart
Vm Ming BP
Ena
Swe
Cona
Tae
Eeeee
Elec
Sug
Te Tel
Woo
Ang-Am Corp. Riz
Steenees
T S& Albany
Y & Davis
Beeeaense
Ft& Co
Swift
Torrington Serene
United Shoe Pf
Utah Apex
Money Market
Undian
Wrewss Sassasaes
United
McCall & Riley Co., Inc
Investment Securities
Broad St
Philadelphia
Harrisburg
Gillette Safety Razor Company
Gillette Company
Spencer Trask & Co
Congress Street
Albany
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Federal Trust Co
Eeres
Hub Trust Co
Jamaica Plain Trust Co
Market Trust Co
Brighton
Old South Trust Co
South Boston Trust Co
United States Trust Co
Melrose Trust Co
Somerville Trust Co
Waldorf. Jones
Walworth
Bs State Gas
Bos & Montana
Crystal
Et & B Bell
Seaele
Jad
Ardner Motore
Homa Oil
Majestic Mine
Manhattan Tesaeae
Errimac Dev
Mutual Trust
Haine & Id
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