Market Shows Resilience Despite Bearish News On Copper And Steel
Trading highlights show New York and Boston activity with Steel and Ventura leading movers despite a 4 percent cut in American Smelting dividend. Copper surpluses, embargoes, and weak prices test investors while producers urge wage cuts and foreign credit to sustain exports.
MENTIONED IN THIS ARTICLE
Great Britain
France
Copper stock market drifts after dividend cut and copper surplus
Market report shows inventories worth up to 30 million more than balance sheets, but declines in metal prices shrink values. Copper stocks hold up amid bad news with a 1 billion pound surplus cited by the copper conference. Ventura Oil and many industrials fade, while Swift and utilities edge higher. Lincoln's Birthday closures noted for the exchanges.
MENTIONED IN THIS ARTICLE
United States
Ventura
Swift
American Telephone
American Sugar
Lincoln
Boston
New York
New York Market Sags on Smelting Dividend Cut
Dull session in New York as American Smelting plunges 6 1 2 points after cutting quarterly dividend from 11 2 to 1 percent. Shares in Kindred drift lower amid uncertain metal outlook while U S Steel and others rise 1 to 3 points. General Motors gains nearly three points as time funds firm to five percent. total activity 375 000 shares.
MENTIONED IN THIS ARTICLE
Smelters
New York
U. S. Steel
General Motors
Liberty Group
U. S
Har Corp
Kan City
Louis
Kennecott
Lack Steel
Lake Erie & W
Lee R & Tire
Lehigh Valley
Lig & Myers
Loose-Wiles
Louis & Nash
Maxwell
Miami Copper Ee
Midvale
Minn & St L
Mo Pacific
Mo Pacific of
Seers
Montana Power
Wbeeee
Nevada
Y Central Og
Nynh&h
Norfh Western
No Pacific
Ohio C Ties
Oklahoma Sly
Bay
Pan-Am Pet Beeree
Penn
Phila Co
Pierce-Arrow
Pierce Oil
Pitts Coalee Resee
Pitts& W Va
Cof NJ
Pullman Co
Sheffield
Eye
Osag
So Railway
Studebaker
Studebaker Pf
Stutz Motor
Texas Pac
Third Ave
Brit Amer
Twin City
Union Pacific
Cities Service Com
Veveme
Union Pac of
Gillette Safety
A. AL
Rae
Hupp Motors
Keystone T & R
UN Rys
Seeeenes
Lake Tor
Do Boat Com
Marconi ‘Wirel Ireless Ets Eeeene
Cathe Maxim Munitions Ossene
U S Rubber
U S Steel
Pau Te
United Motors
U S Steel Pf
United Profit Sharing
Wee Copper See
US Light & Heat Com
Steamship
Es Eeee Sey
Wright-Martin Air Com
Wells-Fargo
Anglo-Amer
Western Union
Barnett O& G
Bos Wyo Oil
Aetna
Westinghouse
Cosden & Co
Willys-Over
Ilson
Esmeralda
Federal
Woolworth Co
Glenrock
Houston
Island O & T
Senova
Merritt Oj
Met Pete
Midwest Oil Com
Midwest Oil Pf
Midwest Categin
Northwest
Ose Se Spre
Pennok Oil
Queen Oil
Royal Dutch Shell We Tenon
Sapulpa Ref
Sequoya' Eee
Sinclair Gulf
Stanton Oil
Where to Deposit Your Savings In Massachusetts Banks and Trusts
List of savings banks and trust companies in Massachusetts with the dates from which deposits earn interest. Institutions include Andover Savings Bank Andover Brighton Five Cents Savings Bank Cambridgeport Savings Bank Melrose Savings Bank Boston Five Cents Savings Bank Home Savings Bank Hyde Park Savings Bank Salem Five Cents Savings Bank Columbus Savings Bank Waltham Savings Bank and various trust companies with March February and April start dates for interest. Includes Charlestown Trust Co Commonwealth Trust Co Cosmopolitan Trust Co Federal Trust Co Fidelity Trust Co Metropolitan Trust Co Old South Trust Co South Boston Trust Co United States Trust Co Fitchburg Bank and Trust Melrose Trust Highland Trust Somerville Somerville Trust and national banks Boylston National Bank Union Market National Bank.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andover
Brighton Five Cents Savings Bank
Cambridgeport Savings Bank
Melrose Savings Bank
Melrose
Boston Five Cents Savings Bank
Home Savings Bank
Boston
Hyde Park Savings Bank
Salem Five Cents Savings Bank
Columbus Savings Bank
Waltham Savings Bank
Waltham
Charlestown Trust Co
Chartes
Commonwealth Trust Co
Cosmopolitan Trust Co
Federal Trust Co
Fidelity Trust Co
Metropolitan Trust Co
Old South Trust Co
Also Mentioned on This Page
Philadelphia
Pennsylvania
the Union Trust Company of Pittsburgh
Philadelphia Company
West Virginia
Pittsburgh
Vicinity
Duquesne Light Company
Allegheny
Beaver Counties
Chicago
First National Bank
Lackawanna
Gwynne Bros
Broad St
N.Y
Federal Oil
Glenrock Oil Keystone Tire General Asphalt
G. F. Redmond & CO. Inc
State Street
Fort Hill
King Copper Co
King Copper
Ainsworth
King
Securities Exchange
Denver Cons
Stock Exchange
Exchange Street
Mexico
Makeever Bros
Washington Street
A. F. Dow & CO
State St
Australia
New Zealand
Bank OF New South Wales
J. Russell Prench
George Street
Sydney
Fiji
Papua
New Guinea
London
Threadneedle Street
Steel
Regentosomele
J. Frank Lilly & CO
Broadway
the Guide Publishing Co
North Avenue
Meteburgh, Pa
New York Market
Alaska
Juneau
Hide & L
H &L
Sumatra
Tel & Tel
Asso Dry Goods
Atchison
Au Gulf
Barrett Co
Beth
Beth Steelees
FLA Shame
Gen Motors Saan
Goodrich
Nor Pf
Mass Gas Pf
United Western New
Michigan
Victoria
Reon
Mohawk
Wayland O& G
New Arcadian
New Cornelia
New Haven
Nipissin
Alaska Brit Col
North Butte
Atlanta
Elmont
Old Col RR
Big Ledge
Old Dominion
Osceola
Boston & Montana
Pacific Mills
Caledonia
Pond Creek
Ans
Calumet & Jerome. . Ag
Pullman
Canada
Santa Fe
Shannon
Stewart
Arizona
Sup & Boston
Swift & Co
Cresson Goan Tepcseee
Trinity Ae
Crown Reserve
UN Dru
Florence
United Fruit Ist
Goldfield Consteeeeneries
Great Bend Leben Veneeeres
United Shoe
Green Monster
US Smelting
Ih Heela
USS Smelt Pf
Jerome Verde
US Steel
Jim Butler
Utah-Apex
Jumbo Extension
Utah
Aie Marsh
Utah Metals
Ly MeIntyre
Walworth
Midway
Mines Oil
Amer
Warren
Izpah
West End
Montana
Nixon Nevada
Ohio Copper
Onondaga Silver
Ray Hercules OL
Rescue Hula
Rochester
San Toy
Aes
Amer Bosch
Black Hawk
Best & Montana
Butte & London
Cal & Jerome
Crystal
Denbigh
Gadsden
Merritt Oil
Douglas Mesos
Midas
Pepi
Fee En Metals
Boston Stocks
N. Y
Iene Staighesaee
Sassaks Eeeenege
Eure Ease Peer Eeened
Vseeevies
St Peeee
U S
Tel & Tel Keene
Bos & Albany
Bos & Me Ors. Orl
Cal & Arizona
Cal & Hecla Bn Mare
Centennial
Cent Steel
Erik
Davis Daly
East Butterey
East
Heres Pe
Fairbanks
Gorton-Pewsevere
Island Oil
Kerr Lake
Massachusetts
Trust Companies
National Banks Boylston National Bank
Union Market
Nat'l B’k
Water’n
John N. Stone
England
Liggett & Drexel
Whitney & Elwell
Chicago Grain Market
Money Markets
Jones & Baker Securities
Devonshire St
Manufacturers’ Finance Company
Manufacturers’ Finance CO
Fidelity Building
Baltimore
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