Market Downturn Boosts Red Hot Trading in New York and Boston
Yesterday's trading showed New York total sales of 1 167 900 shares and Boston 22 162 shares. Mexican Petroleum led New York activity with 62 500 shares while General Electric letters traded 3 092 in Boston. For Jan 1 1921 to date New York total 7 464 600 shares and Boston 219 790 shares. year ago New York 7 410 000 and Boston 187 858. The day featured a large 1 200 000 share turnover in the year’s broad deal flow, with activity driven by short interest and speculative strength amid firmer foreign exchange.
MENTIONED IN THIS ARTICLE
New York
Boston
Mexican Petroleum
Elec
Rts
Lst
Boston & Maine
New Haven
American Woolen
St. Mary’s
Quincy
American Telephone
Liberty Bonds
Victory
Liberty
Boston & Maine Railroad
Connecticut River Railroad
Boston & Lowell Railroad
Boston & Lowell
Compa
Financial General
Jones Brothers Tea Company
Texas-Louisiana Steel Corporation
L. P. Featherstone and Associates
Longview
Texas
Texas Steel Company
Louisiana Steel Company
Rand
Mathers Collieries
Pickhands-Mather Company
Cleveland
Ohio
Pittsburg
Dunkard Valley
Buick Motor Company
Flint
Mich
Drexel & Co
Washington Coal & Coke Co
Perryopolis
Penn
New York Central
The
Commerce Commission
Crucible
American International
Gulf, Paper,Rubber
Chesapeake & Ohio
Southern Pacific
Northern Pacific
Bos & Mon
Denbigh
Jerome
Merrimac
Mutual Trust
N. Y
RCE
Stewart M Id
Market notes hint at erratic British rate trend and liberal funds
The report describes an unstable British rate movement and plentiful time funds unseen in six months. Market values show mixed signs with activity at some industrial centers while others face prices and wage cuts. Rumors link international remittances to possible loans to France and Switzerland, though seen as premature. Steels and ships sectors are noted.
MENTIONED IN THIS ARTICLE
France
Switzerland
Market gains and bond shifts mark a dull trading day
The market saw varied gains with Crucible leading and many issues retreating on slower trading. Bond activity showed mixed results as Liberty bonds fell while certain rails and metals edged higher, with Studebaker reporting record 1920 output and plans for 1921 production.
Also Mentioned on This Page
Hornblower & Weeks
Congress St
New York Providence
Chicago
Detroit
Portland
First National Bank
Studebaker
Davis-Daly
Gall
Devonshire Street
Fort Hill
Vanadium Corporation
Allis-Chalmers
Kinnaly
Pearl St., N. Y
Cor
Pearl and Wall Sts
Lee, Higginson & Co
Higginson& Co
London
State Street
Lombard Street
E. C
Liberty Group
U. S
Studebaker Corporation
Atlantic Gulf
Atlantic, Gulf & West Indies Steamship Company
Gulf
Department of Public Utilities
Boston Elevated
Revere and
Chelsea
Eastern Massachusetts Street Railway
Revere
Boston Tunnel
Central Square
Eastern Massachusetts
Massachusetts
the Commonwealth
Cambridge
Maine
Buffington
Reading Company
Supreme Court
Davis-Daly Copper Company
Colorado
Hibernian
Hibernia
Davis- Daly
East Butte
United Shoe Machinery
Allied Chemical & Dye Corporation
Cincinnati
Chicago & St. Louis
William J. Leahy
Charlies E. Brickley & Co
Leahy
Charlestown
Financial Editor
Inter
National Paper Company Affairs
Smoot
Harding
Concensus
Ask
E. M. Fuller & Co
Stock Exchange
Kilby Street
Newark
Trinity Copper
First National
Trinity
Warren Mulford & Co
Bankers
Allied Oil
W. L. Jarvis & Co
Curb
Mass
Fay & Co
State St
Living Trust
Franklin
Arch and
Devonshire Sts
Beston
Richardson, Hill & Co
Bangor
Congress Street
Anaconda
General Motors
St.louis Southwestern
Sumatra
Allied Oil Hollinger
Bigheart North Butterspissing
Exchea Providence
Dorrance St
Phone Union
New York St
Age
Worcester & Pleasant St
Hone
Park
Chicago Grain Market
von Polenz & CO. Incorporated
Court Square