Market Advances Lead with Auto Stocks in NY and Boston
General market gains continued with heavy NY activity led by General Motors at 54,500 shares and copper gains broadening. In Boston Gray & Davis rose while United Shoe Machinery and Wickwire-Spencer posted strong moves as new bank commission schedules took effect. Armour refinancing plans and Lee Tire earnings influenced outlooks. United Drug and Armour issues loom large for the coming quarter.
MENTIONED IN THIS ARTICLE
New York
Boston
General Motors
Gray & Davis
United Shoe Machinery
Wickwire- Spencer
United Fruit
Market advances amid broad gains and cautious volume
The market rose across many issues with a slight drop in trading volume. Equipment stocks reached new highs on expected railroad expansion, oils and motors led gains with Stromberg Carburetor up sharply, and Southern Railway stood out among low-priced issues while gray & Davis surged on strong demand.
MENTIONED IN THIS ARTICLE
Tate
Stromberg
Exchange
Southern Railway
Gray & Davis
Business notes from the period including earnings and corporate actions
Stewart-Warner reports earnings of 1.45 a share for the first quarter. Massachusetts Breweries Co to suspend operations indefinitely after existing supply lasts, preserving charter and plants. Sheffield Alabama bonds holders appoint committee. Switzerland bonds issue of 25 million sold. American Trust Co votes capital increase to 1.5 million, offering new shares at 100 each. Charles Otis buys Boston Stock Exchange seat for 14000, linked to Otis & Co.
MENTIONED IN THIS ARTICLE
Armour & Co
Armour
National City Company
Boots, Lt
United Writing Paper Company
Oui Drug
Stewart-Warner Speedometer
Massachusetts Breweries Co
H. C. Spiller
Curtis G. Metzler
Sheffield
Alabama
Lee, Higginson & Co
Switzerland
American Trust Co
Charles A. Otis
Boston Stock Exchange
Lyman B. Greenleaf
Mr. Otis
New York Stock Exchange
Otis & Co
Cleveland Stock Exchange
Boston Stocks and Bonds Markets Noted
Unclear OCR text highlights Boston financial markets with stocks and bonds focus. Limited legible content mentions price movements and possible dealer activity in the Boston area. Further readable details are unavailable in the fragment.
Also Mentioned on This Page
The
Goodyear Tire & Rubber Company of
Akron
Goodyear
Borton & Borton
Cleveland
Lee Tire
Armour Financing Plan
United Drug
Milk Street
Chicago
City of
Vienna
Court Square
Berlin
Art Hill
Philadelphia
Hich Low
Adams Express
Alaska Jun
Ajax
Bosch
Gar & Fay Pr
Hide & L Pt
Spies Seed Ol
Tive
Tel & Tel
Estes
Atlan G Wi
Burns Brow
Butterick
Gt Western Si
Gt West
1 & Pac
Col & South
Con Cigar Corp
Ain
Fisk Rubber
Gaston W & V
Elec c
General Motor
Greene Can‘ne
Haskell & Bark
Hendee
Inois
Ag Corp Testes
Papista
Invincible Oil
Island Oil & T
Kansas Ewel
Kennecott
Kelly Tire
Nat Enam & St
Nevada
Tex & Mex
Y Chi& St L
New York Dock
Nynh&h
Y Oat & W
Aes
Norfolk & West
Banshee
North Pacific
Nova Sco Steel
Nunnally Co
Ohio Body
Okla Pro & Re
Ontario
Otis
Owens Bottle
Pacific Develop
Pacific Gas Ee
sAm P & T
Perme & Bing
Peoples Gas
Pierce Ar Pf
Tron & St
Peete
So Railway Bieheee
Stan Toons
NJ Pf
Stewart
Qaoerson
Glade Bre
Ecese
Gepesse Fe
A. W. Lincoln & Company Bankers
Post Office Square
Boston Stocks
West Mar
West House Ee
W& LE
Wickwire Steel
White Mosheer
Willys O'land
Willys O'land Pt
Wisconsin Woolworth
Close
Atl Gulf
Seere
Rift & Co Be
Kasnereepe'e Og
Bos
Revern Mfg
Franklin
I Gray
Green
Helvetia
Ind Oil & Ga
Int Products
I Creek Coal
Island Oil
Lake Co
Nee Men
Na Invest
New Co
ow.Haven
Ohio Body i
Colo
St Marys M Land
Piers Mfg
Swift & Co
Swift Inc
Ington
United
U S Smelt
Utah “S
Ventura
Tis
Victoris
Midiecas
Walworth Teeee
Warren Bros
Warren
St Pfd
Warren 2d
Waltham Atch
Waltham Watch
West
West Pid
Wickwire-Spenc
Winona Ee
Wollaston Spedividend
Jones & Baker
Devonshire St
Fort Hill
G. F. Redmond & CO
State Street
Atlanta Mortgage Loans
Georgia
Haas & Howell
Aaron Haas
Atlanta, Georgia
Rothschild, Campbell Co.,Ltd
Investment Securities Foreign Exchange
Kilby Street
Telephone Main
State Mutual Building
Worcester
Studebaker
Vieta
A. F. Dow & Co., Inc
Chas. P. Dow, Pres. and
Treas
Gallagher & Co, Inc
State St
Wall Street
Pittman
Ien Creek Pro
Sapulpa Oo Oil Federal Bigheart Pro. & Cf
Ryan Consolidated U. S. Steamship United Retail Candy
Tonopah Divide
Hecla Divide Mining Company
H. C. Pratt
G.F. Redmond & CO
Ventura Consolidated Oil Fields
Recemd
A. B. Ewing
Public Service Investment Company
Massachusetts
Stone & Webster, Inc., Inc
Eaten
Massachusetts Securi Corporation
Massachusetts Security Corporation
Massachusettsecurity Corporation
Perate
Hugh J. Lally
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