Market Summary Reflects dull trading and mixed optimism
Yesterday's market showed a heavier tone early with slight declines before noon, then a late rally as bears covered. Call money eased from 12 to 10 percent, while volume remained thin at 675,000 shares. The Steel and Anaconda news influenced sentiment, with pond Creek coal talks and Endicott Johnson expanding capacity signaling mixed futures. Union Safe Deposit Vaults elects Charles Cotting Jr. as trustee.
MENTIONED IN THIS ARTICLE
Stock Exchange
Federal Reserve Banks
Union Safe Deposit Vaults
Charles Cotting, Jr
Philip Saltonstall
Stockholders urged to back plan for large profits
Richard J. Burton requests stockholders support a strategy to push share value back toward 4 to 6 dollars after a par value change and a curb market dip. He warns outsiders are bidding at around 20 cents and asserts a 1000 percent gain is possible if shareholders act.
MENTIONED IN THIS ARTICLE
Mullins Body
Richard J. Burton
New York Stocks Close Mixed Amid Floating Data
Market wires report a volatile session with varied readings as several blue chips showed gains while others slipped. Traders note uneven activity and imply cautious sentiment ahead of upcoming economic indicators.
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Australia
New Zealand
Bank OF New South Wales
Capital Reserve Fund
Jonn Russell French
New Guineas
London
Threadneedle Street
George Street
Ydoney
New York
Boston
United
Old Col
Ted
The
Steel Corporation
Anaconda
Mayflower
Butte & Superior
Drug
Gray & Davis
Elder
Pond Creek
Chemical Corporation
Pond Creek Coal Company
Pike County
U. S. Steel
United States Steel Corporation
Chandler Motor Car Company
Paige- Detroit
Endicott-Johnson’s Big Business
Henry B. Endicott
Endicott Johnson Corporation
Mr. Endicott
Endicott
Mullins
B. & O. Petroleum CO
Bucher
Burkburnett
Idaho Consolidated Mining
Frank R. Keith & CO
Estment Bankers
Daniel E. McSherry
McSherry
McSherry Manufacturing Company
A. F. Dow & Co., Inc
State Street
Mass
L. N. Rosenbaum & CO
Broadway
N. Y
New England
H. C. Spiller & Co., Inc
Wall Street
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Brown Company
Berlin Mills Company
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Congress St
NHW
Providence
Chicago
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Preferred Robertson Paper Co
Earnest E. Smith & CO
New England Securities
Devonshire St
Continental Oil
Atchison
Atl C &W
Alaska
Bosch
H&l
Assoc
Assoc D
Assoc Oil Co
Atchison Pf
Atl Coast Line
Atl Gulf of Trae
Arrett Peer Eseewe
Eeeee Awe
B & O Pf
Batopilas Min
Eeeene
Beth
Beth Motors
Beth Motors Rts
Brook UN Gas
Booth Fisheries
Brunswick Ter
Butterick Goaneee
Butte Copper
BRT Cieset Rene
Beth Steel
Butte & Sup
Can Pacific
Entral Leath
Coca-Cola
Cerro de Pasco Vo Ae Iti
Cal & Arizona
Ches & Ohio
CAL & Pac
Oo Ee
Wei
Chi & N
Chi& N’west
Montgomery Ward & Co
Rlinete Corporation
Illinois
Continental and Commercial Trust and Savings Bank
Bankers’ Trust Company
New York City
Registrars First Trust and Savings Bank
First National Bank of the
City of New York
Chicago Stock Exchange
New York Stock Exchange
Montgomery Ward & Company
United States
Robert J. Thorne
Messrs. Arthur Young & Co., Certified Public Accountants
Liberty
Messrs
Winston Strawn & Shaw
Messrs. White & Case
Henry L. Moses
John Burnham & Co
S. la Salle Street
H.p.goldschmidt & Co
Cru Steel
Deere del & Hudson
den & Rio G
Timerson
Erie
End Johnson
Fistaverer
Har Corp Pines Abi
Ickel
Jewel Seus
Kan City
Kelly-Spring
Keystone T
Kelsey
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Lehich Valley
Louis & Nas
Mackay
Miami
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Maxwell
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Nat R M 2d
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Teehee
Eata Bhiee's
Sete Mee Baby
Otis Steelee
Pitta Coal Ee A Ve
POC & St Ltthe
Pitts & W Va
Punta A Sete
Prs Steel I Seein
Prs Steel
Rep I & Steel
St L& SF
Seaboard Air
Omer
Savage