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Boston Post in Boston, Massachusetts

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 23, 1920

Page

24

Dull Market Continues With Broad Price Inactivity

The report notes ongoing dullness in trading with prices advancing slowly. The net outcome shows no clear improvement in market conditions as buyers and sellers remain cautious and prices drift sideways.

Market Signals Dim as Traders Adjust to a Narrowing Range

Market activity is subdued with few public buyers and most trades on the floor. A shift in policy looms as the Cummins bill moves to alter rate rules and the Boston Reserve Bank raises rediscount rates to 6 percent, signaling anticipated tightening and potential market stimulus.

Commission House Board Stock Exchange Big Bear Commission House Conference Committee On Railroad Cummins Interstate Commerce Commission Commission Boston Reserve Bank East New York Bank Detroit Moison

Money Market Rates Highlight Financing Options

Outside brokers quote eight percent, customers’ brokers’ loans at eight percent, customers’ commercial loans at six percent, commercial paper at six percent, year money at six percent. This snapshot shows a range of lending costs for investors and businesses.

Overtrading Risks and Tax Plans Stir Investor Concern

The piece argues that non taxable bonds could shift top income into higher surtaxes, potentially worsening tax on large portfolios. It highlights a cautionary tale of a novice trader overleveraged on 280 shares, urging restraint and outlining likely losses. The column also notes a Carson Hill slump and pool tensions among traders amid high prices.

Congress Otto Kahn Carson Hill

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