Market swings mark cautious tone amid rate shifts and Armour move
The market opened steady then weak as call money slid from 11 to lower levels amid renewed liquidity. bears attacked vulnerable issues, especially marine stocks. Continental Can reports strong 1919 earnings with $17.08 per share after dividends, while Armour & Co plans to spin off tanning assets into Armour Leather Company with a $26 million capitalization. Analysts note credit restrictions may ease commodity price declines, but warn of high inventories and uncertain profits as stocks drift, with few bears and signs of potential further downside before a possible late rally.
MENTIONED IN THIS ARTICLE
Bears
American International
Atlantic Gulf
Mercantile Marine
Continental Can
Armour & Co
Armour Leather Company
Where to Deposit Your Savings
A historical listing shows various banks and trust companies in the Boston area with their respective savings or interest-department deposit dates. Institutions include Andover Savings Bank Brighton Five Cents Savings Bank Brookline Savings Bank Melrose Savings Bank Boston Five Cents Savings Bank Hanover Trust Co United States Trust Co Fitchburg Bank & Trust Co Melrose Trust Co Highland Trust Co Somerville Somerville Trust Co Franklin Savings Bank Home Savings Bank Medford Savings Bank Salem Five Cents Savings Bank Suffolk Savings Bank Waltham Savings Bank Warren Institution for Savings and several trust companies and national banks with specified March dates for deposits.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andover
Brighton Five Cents Savings Bank
Brookline Savings Bank
Melrose Savings Bank
Melrose
Boston Five Cents Savings Bank
Columbus Savings Bank
Boston
Hanover Trust Co
United States Trust Co
Fitchburg Bank & Trust Co
Melrose Trust Co
Highland Trust Co
Somerville
Somerville Trust Co
Franklin Savings Bank
Svar
Home Savings Bank
Medford Savings Bank
Salem Five Cents Savings Bank
Suffolk Savings Bank
Waltham Savings Bank
Waltham
Warren Institution For Savings
Trust Companies
Charlestown ‘Trust Co
Charles’n
Commonwealth Trust Co
Cosmopolitan Trust Co
Federal Trust Co
Fidelity Trust Co
Also Mentioned on This Page
Trust Department
Permanent Charity Fund
Boston Safe Deposit
Franklin
Arch and
Devonshire Sts
Charles Head & Company
State Street
New York
F. B. Keech & Co
Shearson, Hammill & Co
Continental
Armour
Steel
East Butte
Bethlehem
Baldwin
Republic
American Locomotive
Worthington
American Bosch
Lincoln
Armour Stock Offering
Financial Editor
Federal Reserve
Wall Street
Western Union
EK. S. Emerson & Co
State St. Fort Hill
Morton & Co. Ay
Makeover Bros
Washington St
Boston, Mass
Massachusetts
National Banks Boylston National Bank
Union Market Nat’l Bk
Watert'n
J. Ogden Armour
Armour and Company
Delaware
Continental and Commercial Trust and Savings Bank
Chicago
First Trust and Savings Bank
Escces
Seree Quick
Chicago Stock Exchange
Messrs
Bankers Trust Company
Fiscal Agents
National Cloak
National Cloak and Suit Company
People’s Gas Light and Coke Company
Kilby Street
Goldsmith
Huntington Avenue
Back Bay
Dend
United States
Gray
The
Bigheart Producing & Refining Co
Oklahoma
Texas
Alouette Oil CO. Trust
Massachusetts Ave
Texcalokan
Northway Motors
Bay
W. N. Withington & C0
Ata
Charles E.van Riper
Consolidated Stock Exchange
Broad ST
Universal Tide Power CO
Canal Street
Mass
Saugus River
W.W. Withington & Co
Stock Exchange of
N. Y
Broadway
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