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Market Advances Sharp Despite High Money Rates
The market rose despite money rates near 19 percent for call money and 15 percent for car money, with investors optimistic that the money-pressure will be temporary. Rail shares led gains on March 1 deferment, while copper, rails, coppers, and steels drew traders. Analysts weigh a February panic warning against a spring bull run as profiting sectors shift to motors and related stocks. Big operators discuss Massachusetts Gas, Beacon Coal plans, and projected earnings for Texas Pacific, Lackawanna Steel, and others amid rail and oil market buoyancy.
MENTIONED IN THIS ARTICLE
J. L. Richards
Massachusetts Gas Companies
State House
Massachusetts
Beacon Coal & Export Corporation
Asee
Seer
Martin Parry Oes
Aig
Miami Copper
Maxwell
Adams Express
Montana Power
Montanate
Ene
Mullins Body
Allis-Chalmers
K & Texas
MK & T
Bosch
Aim
Hide & Lea
Saae
Nynh&h
Pacific
Lea Sol
Not&m
NYA Rake
Nyc&stl
Y Dock
Assoc Dry
Assoc
Assoc Oil Co
Norf Southern Il
Nor & West
Coast Line
Atchison Pl
Nova Sea Steel
Ann Harbor
Ann Harbor Ie On 73 6,190 Ohio Cities Gas. . Ceueaere
Birm & Atl
Oklahoma
Car & Fery
Owens Bottle
Pac Mail
Am Int Corp
Pond Creek
Penn Seaboard
Sumatra
Pierce Oil Ee Eee
Tel & Tel
Pac T & Tel
A T Secur
Parish & Bing
Peoples Gas
See
Eee
Pere Marq Pf
Punta al
Pan-Am Pet
Brook UN Gas
Pere Marquette
Booth Fish
Fron & Bel
Burns Bros
Roy Dutch
Cal
Arizona
Chandler
Republic Rtn
Bt P
Republic
Hino
St. & SF Ist E
Savage Arms
Cerro de Pasco
Ches & Ohio Sra
Standar Mill
CRI & Pac
Weeee Ees
Coco-Cols
Chic Gt West
Studebaker
Sup Steel
Sinclair
CM & St
So Pac
Chic & N
So Railway
Chi & N'west
Texas Co
Cluett Peabody
Col Fuel & I
Twin City
St I
W. Aeons
Si L & W Pf
United Drug Ro
United Fruit
Endicott
Erie
Endi Johnson
Utah Seellis
Fisk
U S Steel Pf
Union Pacific
Ind Alco
Freeport
Gaston W & W
Utah Co
Wabash Pf
Gulf Steel Se My
Wells Fargo
Gen Filectric
Western Md
Gen Motors
West Md Pf
Goodrich
West Pac
Haskell
West Pac Pf
Hartman
Westing A Pri Alls
Westinghouse
Tl Central
Willys-Over
Wheel & L Erie
W& LE Ist
Agri
White Motor
Int
Ag Co
Har Co
West Union
Har
Wilson Co
Worth P & Mac
Willys-Ov
Jones Bros
Inspiration
Kennecott
Kan City
Kelly-Spring
Kelly-S
Kelsey Wheel
Loft Inc
Lee Rubber
Lehigh Valley
Lig & Myers