Markets Close Mixed Amid Railroad Rally After Gloomy Morning
Yesterday's trading saw New York and Boston totals with modest declines in early action. Beas pushed prices up late, with Crucible Steel and General Motors slipping to new lows earlier. Railroads led a strong rally, aiding broad gains by day’s end as rumors of trouble lingered and sentiment improved.
MENTIONED IN THIS ARTICLE
Beas
Crucible Steel
General Motors
Bears
New York
Boston & Maine
New Haven
Bearish routs and rails lead trading shift in market
The market shows a partial rally with call money at 6 percent while time money remains tight around 9 to 10 percent for longer loans. Rails lead a rebound as investors switch from industrials to railroad stocks amid optimism over legislation and earnings, with balanced prices in local shares.
MENTIONED IN THIS ARTICLE
Pacific Mills
Bethlehem earnings and Mohawk Mining Company note
Bethlehem Steel reports a 1919 result of about $8 a share on common stock for the first quarter, indicating a strong margin. The full year 1919 earnings per share for Bethlehem are cited at $20 on the common. The Mohawk Mining Company pro
MENTIONED IN THIS ARTICLE
Calumet & Arizona
Massachusetts
Subscription method for Armour Leather stock shares
Information published for public convenience on subscribing to Armour Leather Company preferred and common stocks. Orders should be sent to the Continental and Commercial Trust and Savings Bank in Chicago or to the Bankers Trust Company in New York. State on the order the number of shares desired in blocks.
MENTIONED IN THIS ARTICLE
Armour Leather Company
Continental and Commercial Trust and Savings Bank
Chicago
Bankers Trust Company
New York
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Wall St
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Waldorf
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Denton No. 2
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G. W. Priest
Texcaloran Oil & Gas Company
Mid-Continent
BEGGS
OSAGE
C. G. Galbo & CO
Standard and Independent Oil
State ST
Mass
Richmond
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Springfield
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Consolidated Film
Chester D. Coram
Hornblower & Weeks
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Bethlehem
Bethlehem Steel Corporation
Financial Editor
Treasury Department
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Lake Superior
Armour and Company
Delaware
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Chicago Stock Exchange
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Ey Eyeee
Wall Street Journal
Turner-Alber
Fort Worth
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