Stock Market Improves with Easier Compromise Seen
Boston market steadies as traders anticipate a smoother settlement on North East rate division. General Electric reports rising sales while Allis Chalmers posts higher earnings. B and M tonnage edges up amid cautious optimism for demand across sectors.
MENTIONED IN THIS ARTICLE
Boston
N. E
Allis Chalmers
Market report notes dull session amid British exchange strength
Yesterday's New York market showed dull, irregular trading with oils leading gains while overall activity eased. Major factors included the Pennsylvania Railroad's 380 million offering and London demand bills rising to 3 87 14, signaling a cautious but hopeful shift as pools influenced prices and several sectors, notably steel, textiles, and leather, hinted at a modest recovery.
MENTIONED IN THIS ARTICLE
New York
British Exchange
Pennsylvania Railroad Company
London
Pennsylvania
Utah Metal & Tunnel
Utah Metal
American Telephone
Boston & Maine
New Haven
American Bosch
International Products
Booth Fisheries Common
Gray & Davis
United Drug
United Fruit
United Shoe
Isle Royale
Mohawk
Old Dominion
Boston Elevated
American Woolen Preferred
American Agricultural Chemical Common
Swift & Co
Mass
U. S
J. W. Bowen & Co
Wall Street Notes on Stocks and Rail Rates Proposals
Market remarks highlight stock trading in Liberty bonds and major equities with mixed results, plus a reported compromise among New England railroads and trunk lines over through rates and a potential $15,000,000 aid package. Also covered are General Electric sales, Allis-Chalmers finances, Denver & Rio Grande recovery efforts, and various corporate earnings and bond issues.
MENTIONED IN THIS ARTICLE
Washington
New England
Trunk Line
Trunk
Central Freight Association
Trunk Lines
New York
Bankrupt Company Aims Massachusetts Connecticut Manufacturing Tie
The article notes a new company forming to acquire an interest or control of a small manufacturing concern in Massachusetts and Connecticut. It mentions ample capital reportedly secured, with details on other firms and yearend financials, including Gulf States Steel Co and restaurant operations in Chicago, along with Panama Canal traffic records for 1920 and Allied Packers Inc. losses.
MENTIONED IN THIS ARTICLE
General Electric Company
General Electric
Allis-Chalmers Manufacturing Company
Ohio
Canton
Newark
Steubenville
Wheeling
W. Va
Windsor
Ohio River
United States
Cerro de Pasco Copper Company
Haggin
Cerro
Oroya
Peru
la Fundicion
Rose Tea Co
Boston
Simpson Brothers
Rose Tea
Packard Motor Car Co
Crowell & Thurlow Steamship Co
Raymond Merrill
Boston Safe Deposit & Trust Company
Office of Auditor
Merrill
New England Trust Company
First National Bank
American Brass Co
Pennsylvania Railroad
Fairbanks Co
Middle States Oil Corporation
N. Y. Stock Exchange
Baltimore & Ohio
Chicago
Twin City Rapid Transit Co
Panama Canal
Allied Packers, Inc
Rouruld Riveter
New York
Insurance Ce Department
Chlene Snell
Market Notes Signal Bullish Shift In Specialties
Financial editor reports a modest market uptick with stronger activity in specialties and a shift toward bull side purchases. Mexican Petroleum and International Paper lead gains. steam shows in Bethlehem Steel and Crucible. Exchange markets reflect optimism amid improving general business and pending German indemnity settlement.
MENTIONED IN THIS ARTICLE
England
France
United States
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