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Boston Post in Boston, Massachusetts

04 Feb 1921

Page 20

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Boston Post February 4, 1921 Page 20 old newspaper archives

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 04, 1921

Page

20

United Drug earnings hint at 1920 full year profit

Forecasts indicate gross sales above 75 million dollars for 1920, up from 58.34 million in 1919, with net per share around 13 dollars in the first half and hoped higher by year end. Lee Tire & Rubber expects about 350 thousand dollars net on 600 thousand gross for 1920, while Cerro de Pasco Copper may cut quarterly dividend to 60 cents. Michigan Smelting moves copper to Germany. Inspiration Copper outputs 56 million pounds in January.

MENTIONED IN THIS ARTICLE

United Drug Company United Drug Management the Times Liggett Lee Tire & Rubber Company Conoshocken Penn Federal Post Office Delivery Department Cerro de Pasco Copper Company Haggain Germany Detroit Oper & Braasse Detroit Inspiration Copper Company Mullins Body Corporation R. G. Dun & Co Pittsburg Coal Company United Retail Stores Company Sumatra Bethishem St Cerro de Pasco Chandler Motor Gt West St P Wee Ewes Col & South Pt Columbia Cas Li Il Alaska Con Gas Consol Textile Am Woolen del & Hudson Atlas Bos Bos & Epida Bosd Sher Teeter Eeesee Fisk Setae Rt Tex Cal & Heels Oe Wee Sas Gaston Wil & W Chic Juno Chino Connor J Tno Gran Isle Royale Mlinois Central Inspiration Libby Con&bl Interboro Ag Corp Inter Mar New Cornelis E Tel & Tel Island Oil & T New River North Butte Jones Bros Tea Col R Kan City Es Cess Bo Pf Pacific Mills Kennecott Punta Sugar Keystone Sinclair Steer Lehigh Valley BE O Orrington Trinity Lo Ville & Nash Maxwell Motor May Dept Store Utah Apex Middle Star Oil Utah Metals Minn & St Lil Mo K Walworth Y Central Norfolk & West Ontario Pacific Pacific Oil Pan Am P Pan Am P& TB Vania Phillips Pitts Coal Pitts & W Va Pond Creek Public Ber Corp Bate Oe Eons & PE Serene R Iron & Steel Repab Motor T Vaesilald Low Coop Eee Eee Bkrea Shervegeek Bkra Cities Cities Service Co Pref B Ice Co Ser C Cities Service Co Ser G Ties Ice Co Ser Cities Service Co Ser D Cities A Ae Reet Cevcesus Philip Morris Steamship United Profit Sharing Bse Allied Oil Atlantic P Carib Relais Pennock Ryan Ewne Pulpa Ewe Skelly Victoria Wilcox C & G BC Metals Boston & Montana Ewes Canada Salvador Golden Gate Motherlode Setheriode Cop New Rex Consolidated Belmont Tonopah Eeeenen Tonopah West End
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Financial Editor's Notes on Market Slump and Bond Confusion

The market opened dull with little buying, turning bearish in the afternoon. Atlantic Gulf weakened to 61 1 2, while American International Crucible Bethlehem Steel Paper Baldwin and Mexican Petroleum fell one to three points. Rails held up but Northern Pacific dropped over three. money remained at 9 percent. The note discusses looming financing for Atlantic Gulf, potential dividend impacts, and a predicted steel production drop to 2,703,855 tons in January, the lowest since 1915 aside from 1919. Private Washington rumors hint at a 50 year 4 percent bond refund plan. The piece also covers Texas & Pacific strength due to Missouri Pacific litigation, grain and cotton declines, and cautions on bond exchange pricing versus market value.

MENTIONED IN THIS ARTICLE

Bears Atlantic Gulf American International Crucible Bethlehem Steel B Paper Baldwin Mexican Petroleum Pacifc New York Middle West Southwest General Asphalt Northern Pacific Texas Pacific Crucible Steel Philadelphia Federal Reserve Bank Chili
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Market dull in New York as investors focus on favorites

Total New York sales reach 18,654,600 shares for 1921 to date with Boston at 509,836. General Asphalt leads NY activity at 29,800 shares while Trinity Copper tops Boston at 885. Market drifts with money as the pivot, call money at 9 percent, amid mixed rail and copper stock moves and a looming $25,000,000 Chile loan.

MENTIONED IN THIS ARTICLE

Jersey Central Lehigh & Wilkesbarre Coal Company New Jersey Public Utility Commission Lehigh & Wilkesbarre Reading General Reading-Jersey Central Reading Philadelphia & Reading Reading Company Massachusetts Plate Glass Insurance Company Boston Rent and Housing Committee Boston City Club Charles D. B. Fisk George Hinkley M. L. Morrison Louis A. Ginsburg Samuel J. Ginsburg Paul Wainwright Edward B. Ginsburg George W. Hinkley M. L New York General Asphalt Trinity Copper
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Also Mentioned on This Page

Straus S. W. Straus & Co S.w.straus & CO Shawmut Bank Chicago Wipes Ieyland M. M Ridgely Knot Buffalo Cleveland Washington Philadelphia Indianapolis Pittsburgh Mder San Francisco Milwaukee Minneapolis 8. W. Straus & Co Eastern Texas Electric Co Beaumont Port Arthur Stone & Webster Incorporated Milk Street United Drug Report St. Paul’s Victory Lee Tire Financial General Michigan Smelting Company Tidewater Oil Company Bayonne Southern Railway Chicago, Burlington & Quincy Chesapeake & Ohio Boston & Maine Erie Southern Pipe Line Commerce Commission Western Union Postal Telegraph Company Chicago Board of Trade Sssee li Air Lee Ariz Shell Trews & Beae T .i .Effield South Co Bouth Pac Oef Stromberg Autocenee Oil Tran & Wilms Union Pacific Teerreee Utah Weber & Heilb Maryland Weet Pacific Ajax Hide & Eeee Us Inter Corp Lin Boston Stocks Financial Editor's Notes Congress United States Treasury Texas & Pacific Missouri Pacific Berlin Obserrimac Mutual Trust Ranier Immons Milwaukee & St. Paul Karl Ellers Guggenheims American Smelting & Refining Company Guggenheim Guggenheim Brothers Dall Calumet & Arizona Calumet & Heelagain Granby Seneca Island Creek United States American Woolen Swift & Co United Fruit United Shoe American Bosch American Agricultural Chemical Common New Haven James R. Bancroft Babson Statistical Organization Whitney & Elwell Liberty Bonds Liberty Municipal Berlin Bremen Carlsbad Frankfort Hamburg Leipzig Mannheim Montreal Munich Paris Prem Winnipeg Indu Midi R.R Ostyons R.R Woodward Brothers & CO State ST Tel. Main Studebaker C.p.dow & CO Annyone BP-58 Ec. M. Fuller Street Kew Voom Seowerk Soverned Unter Withington & CO Mass Debe Teus Allied Divide Montana Harry Sears N. Y Tere E Enna Eeeeeens Nished Devonshire Street Port Hill Arthur M. Harvey Cornhill Tel Haymarket General Motors Financial Times Durant Motors CONTZ Consolidated Exchange OF Broadway Trenton York Imington Massachusetts Fire and Marine Insurance Company Water Street Walter Adlard Tampa Electric Company Stockholmers Stone & Webster, Inc
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