Investment to Expand Securities Issuance and Reimbursement
The article notes that $13,500,000 in securities have already been issued and that the proceeds of the new issue will reimburse prior expenditures and fund further similar outlays by the Company.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Public Service Commission
First
State of
New York
Brooklyn Edison Company, Inc
Brooklyn
Twenty-ninth Ward
City of
Brooklyn Edison
Messrs. Stetson, Jennings & Russell
Stock Prices Plunge as Copper and Steel Face Slump
Stocks show heavy trading with copper shares leading losses after the market’s lowest levels since 1889 1901. Anaconda and Calumet & Hecla slide while Endicott Johnson expands output as shoe demand weakens. Union firms fight antitrust actions and public notices hint at wage curtailments and production cuts across major industries.
Market Drift Weighs on Stocks as Nervous Trading Returns
The market was heavy with limited gains erased. American Agricultural Chemical slid toward 51 while others like Mexican Petroleum Pan American and Gulf fell 4 to 7 points. Last hour selling resembled a bear drive as speculation of a big seller faded at banks. Analysts expect dividend action at American Agricultural with directors meeting next Thursday. Government suit on Lehigh Valley had minor stock impact. Miami Copper fell to 15, four leading copper stocks become cheaper than development-era values. Hayden Stone notes porphyry copper stocks remain undervalued given reserves and plant quality.
MENTIONED IN THIS ARTICLE
Calumet & Arizona
Calumet & Hecla
United States
United Fruit
Isle Royale
Seneca Capper
Eider
Heston & Maine
New Haven
American Bosch
Liberty Bonds
Victory
Boston Stock Exchange
Butler, Spinney & Co
Dee
National City Company
Consolidated Gas Company of
New York
New York Edison Company
Consolidated System
Baltimore & Ohio
United States Steel Copny
Pittsburg
Illinoisteel Company
Chicago
Bethlehem Steel Company
Sparrow's Point
Arizona Copper Company
Federal Reserve
Federal Reserve Banks
Boston
Philadelphia Wih
Cleveland
American- Hawaiian Steamship Company
American Smelting & Refining Company
Phelps-Dodge Corporation
Miami Copper Company
Shattuck-Arizona
Irving Bullard
Merchants’ National Bank of Boston
American Acceptance Council of New York
East Butte Copper Company
Coffin & Burr
American Agricultural Chemical Common
Mexican Petroleum
Pan-American
Gulf
American Agricultural Common
Lehigh Valley
Hayden, Stone & Co
Utah
Nevada Consolidated
Chino and
Ray Consolidated
Stocks Edge Down Amid Weakness After Early Gains
Trading started with a hopeful tone as Federal Reserve remarks and banking strength supported buying. Later, selling intensified with losses in major issues and declines across food, chemical, shipping, and mail order shares. United Shoe led Boston activity while Mexican Petroleum and Pan-American Petroleum posted losses. the market closed with a mixed session and uneven activity.
MENTIONED IN THIS ARTICLE
New York
Pan-American Petroleum
Crucible Steel
Atlantic Gulf
Southern Pacific
Reading
Federal Reserve Board
Where to Deposit Your Savings
Money deposited in the following Massachusetts institutions will draw interest from the dates indicated. The list specifies local banks and savings institutions with their respective opening dates and implied rates for savers seeking safe, insured placements.
MENTIONED IN THIS ARTICLE
Massachusetts
Savings Banks List With Dec and Jan Dates
A compiled notice lists numerous savings banks including Andover, Brookline, Hibernia Boston, Melrose, Northpo Boston, Boston Five Cents, Columbus Boston, Franklin Boston, Somerville, Nome Boston, Medford, Suffolk Boston, Union Boston, Waltham, and Warren institutions with various December and January dates indicating actions or deadlines. The fragmentary OCR shows multiple bank names and month dates scattered throughout.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andover
Jackstone Savings Bank
Brighton Five Cents Savings Bank
Are
Brookline Savings Bank
Orchester Savings Bank
Hibernia Savings Bank
Boston
Melrose Savings Bank
Melrose
North Po Savings Bank
Five Cents Savings Bank
Columbus Savings Bank
Franklin Savings Bank
Somerville Institution For Savings
Nome Savings Bank
Medford Savings Bank
Suffolk Savings Bank
Tkoston
Union Institution For Savings
National Banks Listed in Boston Area
A dated listing names several Boston area banks including Haymarket National Bank Dee 3 Boylston National Bank Mattapan National Bank and National City Bank of Chelsea with January dates and numbers. Other banks include Union Market National Bank Watern January and First National Bank of Malden with Dev 15.
MENTIONED IN THIS ARTICLE
National Banks Haymarket National Bank
Boston
Dee
Boylston National Bank
Mattapan National Bank
National City Bank of Chelseae
Union Market Nat. Bank
Water’n
First National Bank of
Also Mentioned on This Page
Central Union Trust Company of New York
Am. International
Lackawanna Steel Report
Leonard
Anaconda
American International
American International Corporation
Carter, Macy & Co
America
Supreme Court
Lehigh Valley Railroad
Lehigh Valley Coal Company
Lehigh Valley Coal Sales Company
Lackawanna Steel
Lackawanna
Palmer
Edward Morris
Morris & Co
Endicott Johnson Corporation
Endicott Johnson
Financial General
Woolch
Nate Wee
Gf& WI
Eth Steel
Eth Steel Res
Brook R
Mt Con P & Z
Canada
Chandler Motor
Chi RI & Pac
Chiri& P
Chiri
Chile Copper
Chino Copper
Cluettene
Col Iron
Colui Gas
Columbia Graf
Ian Peete Chee
1 & Hudson
del Lack & W
Denver de G
Endicott
Erie
Goodrich BF
Greene Cpe
Mt & Byer
Gulf States
Haskell & 6
Hendee Mig
Hovetes Oil
Hupp Motor
Hotaulic Steel
Ee i Ois Central
Indian Refining
Mir
Nick Ir
Paco
Invincible Oil
Iron Products
Island Oil & T
Kansas Clones Bros Tea
Kan City
Te Lack
Lehigh
Yates
Liggett & N Y
Ws Inc
Minn & St
Enam & Bt
Financial Editor
Wall Street
Miami Copper
O Pacific
Ontario
Kla
Otis Steel
Owens Bottle
Pan-Am P & T
Pan Am P& TB
Ing
Pransylvania Uh
People's Gas
Pere M Prioradelphia
Pat ips-Jones
Ips-J P
Phillips Patrol
Pierce-Arrow Tee
Sehen Nee
Tae Oil
Pond Creek
United Shoe
Congress
Supre Court
China
London
U. S
United Retail Candy
United Cigar Stores
Duke Whelan
Edward Wise
Irwin Fuerst
E. J. Shaughnessy
Walt
McCall Reatt
Philadelphia
Loew’s Theatres
M. Porenes Flattery
Orpheum Eatre
Anaconda Crystal Erde Io Corp
Woolen Allied Gil Boston & Montana
Famous
Aee Carson
Hidwin
Studebaker
General Motors
Pere Marquette
Stee
Withington & Co
Washington St
Tel
Spase Invest- v
J. S. Orler & Company
Equitable Building
Devonshire St
Mass
U. S. Metal Cap & Seal
Univ. Tide Power Century Oil Allen Consolidated Grow Tire
Northway Motors
Fidelity Cap. Corp Guaranty Sec. Corp
NEW Eng
Breakfast West
Utah Copper Pettijohn Pure Food
Kelley Tire & Rub
Fuel Oil & Targonaut Oil
G. F. Redmond & CO
Fort Hill
Systematic
N. Y
Tae
Abbott Putnam & CO
State St
E Invincible Oil
Co. P. Dow & CO
State Street
Charlestown Trust Co
Commonwealth Trust Co
Oston
Federal Trust Co
Hub Trust Co
Dan
Jamaica Plain Trust
Market Trust Co
Old Uth Trust Co
South Boston Ust Co
United States Trust Co
Melrose Trust Co
Melrose An
Somerville Trust Co
Remington T
Ieee Ogle E Steel
Ron & Steel
Ren & Stl Pf
E Foval Dutch NY
St Jos
St Louis BF
St Louis
Santa Cecilia
Saxon Motor
Savage Arme Teee Ce
Stewrt Warner
Stromberg
Tex P
Hird Ave N Y
Ran & Wilms
Union Oil
Union Pacific
Union Pac
U S
Yeeh Ie Corp
Car Chem
Walton C & C
Wyrendon Inc Aa
Weber & Helibr
West Maryland
Maryland
West
Willys O'land
Wilson Co Ee
Woolworth Et Teeee
Mass. Corp
Steck
Tel. Ft. Hill
Benjamin ¥. Harburger
Harburger
Kubo
Benjamin’w
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