Market Firm as Oil Stocks Lead Strong Day
New York and Boston trading showed firm prices with oil issues rallying. Mexican Petroleum soared early then retraced to close up 42 points. Pan American and other oil stocks followed gains as investors covered shorts and anticipated dividends and Smackover field prospects.
MENTIONED IN THIS ARTICLE
New York
Boston
Pan American Petroleum
Edison Elec
Rts
Smackover
Reading
Lehigh Valley
New York Central
Union Pacific
Pan American
Pan-American Company
Pacific Milla
Waldorf System
Hood Rubber
Pond Creek
Carson Ti Gold
Ventura Oil
New England Telephone
Mass
Gas Common
John T. Connor
Edison Electric
Island Creek Coal Common
Swift & Co
Swift Internacional
United Shoe Machinery
Calumet & Hecla
Investigate Before Buying Securities Ad Advises Caution
An old Boston Post notice urges careful securities research before purchase. It lists aims to verify property value and earnings power, ensure price matches security type and interest terms, and notes bond classes from A to speculative. Readers can submit questions to the Financial Editor with full contact details.
MENTIONED IN THIS ARTICLE
Wall
Post Financial Department
Inquirer
Boston Post
Boston
Dividend Notices for Massachusetts Lighting Companies
Regular quarterly dividends of 1.50 per share on 6 percent preferred and 2.00 per share on 8 percent preferred will be paid January 15 1928 to shareholders of record December 26 1922. George F Howland Boston December 21 1927.
MENTIONED IN THIS ARTICLE
Cities Service Company
Ross
Southern Pacific Railroad
Grose
Victor Talking Machine Company
Merry First Vnn EE
Seecord
George F. Howland
Boston
Ipea
Acme
Allied Packing
Amer
Macsacene
Gillette Rasor
Heyden Chemical
Radio Corp Radio Corp Com
South Coal & Iron
Weat End Chemical
Ilys Corporation
Standard Oils
American Oil
Crescent
Imperial Oil Canada
Illinois
Indiana
Prairie
South
Kans B
N Y
Oes
Bosten Wy
Ctfe
Colom
Fennland Oi
Atl Gulf
Mies
A* T Tel Bs
Gulf Oil
Ternational Petroleum
Midwest
Texas
Tel & Tel
Mutual Oil
T & T Cash
New Mex & Arts Land Co
Ryan Consolidated
Boston & Alb
Salt Creek
Ston
Bos Etat
Boo & Me
Savoy Oil
Boston & Me
Union Oil
Aif
Bé&e
Cal
Carson
Cal & Heeta
Ee Eode Brae Ck I. OL
Chi RT & Pac
Bly
Connor
Turman Oil
Davis-Dal
OM Oy
Aleake Brit Gol Metals Kt
Ees
Edison
Eee Ts Fder. der, . A
Boston & Monisus Goa
Gray & Oe
Seteee
Nield T
Cot Mills Wyrds
Boas
Tech
Cornelia
Nipissing Sa Eteeee
Tonopah Ee
North Butte
Centiaeeha Lines
United
L Mills
Holland P
Boston & Co
Iver Mines
Swift
Pureke Croesus
Fortuna
Utah
Ifth
Ventura
Walworth
I Lead
Warren
Waltham W
I al
Etfs
McNamara Finteg Eit Wickwire
Wis
Ukon Gold Wirt
Financial Editor's Notes Market Closes Higher As Rail and Copper Signals Improve
The market shows firm tone with mixed gains and hopeful sentiment. Southern Pacific earnings rise nearly 50 percent year over year while rail stocks advance modestly. copper bids steady and European rates firm. outlook for 1949 profits remains cautious yet buoyant amid monetary conditions.
MENTIONED IN THIS ARTICLE
Southern Pacific
Ro Ber
Distinguished Service Cross Awarded to Boston Hero
Infantry officer in the Boston office of Halsey Stuart & Co receives the Distinguished Service Cross for extraordinary heroism during the late war. At a Massachusetts Plate Glass Insurance Company directors meeting, Louis A. Ginsburg is presented with a handsome Chippendale old English chair as a token of regard from fellow board members.
MENTIONED IN THIS ARTICLE
Fantry
Boston
Halsey Stuart & Co
Massachusetts Plate Glass Insurance Company
Louis A. Ginsburg
Chicago Grain Market Update on Page 21
The Chicago grain market shows a .67 change with a 10.57 reading in the latest financial notes on page 21. Details cover price movement and nearby commodity activity.
Also Mentioned on This Page
Stone & Webster
Mille Street
Chicago
Kansas City Southern
Bethlehem Steel
Kansas City’ Southern
Kansas City Southern Railroad
New England
Middle-West
Bethlehem Steel Corporation
Kdss Bethlehem
Lackawanna
Midvale
Lackawanna Steel
Financial General
Nash Motors Company
New York Stock, Exchange
Massachusetts Lighting Companies
Aha
Iy B
Iss
Beek
Ae Wa Af
Hes
NY City
A Corey
An Gan
Ini
Pant
Gar Fragen
N& Glov
Ind Dev
Fesepeel
Diy
Vedi
Oreisash RR
Otis Steel
Ie Beeel & Tube
Ter
Averaga Active Industrials
Chile
Colombia
Curb Industrials
Yi Co
Corp
Etresares Srs
Teres
Croesus
Financial Editor
BY A. J. Bean
Arsuiian
Ty Pond Creek
T . Ee
Cacenegne
Questio
Yeates
Powersested
Wsoca
Treasury
Chicago Grain Market
Financial New
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