Market Review And Outlook For The Stock Market
The prior week saw continued high trading volume exceeding 1.5 million shares with industrial and copper stocks hitting new yearly highs. Railroads gained but stayed below May’s peak as analysts anticipate higher margins and possible government influence on private operation, amid questions about the bull market’s staying power.
MENTIONED IN THIS ARTICLE
Steel Corporation
Interstate Commerce Commission
Denver & Rio Grande prospects after private operation return
Question from Roxbury asks about Denver and Rio Grande now in receivership and op erationally segregated. The road’s finances stem from Western Pacific liabilities, with $38,000,000 in judgments and losses up to $84,000,000. Settlement talks are underway, but a reorganization seems likely, possibly requiring stockholders to invest cash or new securities.
MENTIONED IN THIS ARTICLE
Denver & Rio Grande
Roxbury
Denver & Rio Grande Railroad
Western Pacific
Also Mentioned on This Page
Root and
van Dervoort
Moline Knight Automobiles
Knight Engines
Moline
Marwick, Mitchell, Peat & Co
Messrs. Goodwin
Procter & Ballantine
Boston
Pam & Hurd
Chicago
G. A. Shallberg
Bangor
Richardson, Hill & Co
Congress Street
Portland
American Road Machinery
Imbrie & Co
Waldo S. Kendall
Resident Partners
William Minot
City of
Winnipeg
Manitoba
Bank of Montreal
Toronto
Montreal
New York
Canada
United States
A. E. Ames & CO
Union Bank
Transportation
Broadway
Stock Exchange
Outlook For the Rails
New England
Providence
Springfield
Philadelphia
Meiada
Attowaa
The
National City Company
State Street
Boston Post
Post
Inquirer
Mass
Denver
Rio Grande
Wilson
Brighton
Wilson & Co
Schwartzchild & Sulzberger
Kansas City
M. M. Cambridge
American Can Company
United Eyeglass Shops
Treasury
Jj. J. Graulich & CO
New York Curb Market Assn
William Street
Investment Service
Boston Stock Exchange
Devonshire Street
Tex-Ken Oil Corporation
Delaware
Kentucky Petroleum Producing Company
Guaranty Trust Co
U. S. Mortgage & Trust Co
New York City
N. Y. City
A. L. Stone
N. Y
Walter B Herrick
Eugene Mackey
L. Sherman Adams
A. K. Alford
London
Kentucky
Texas
Duke Pool
Erath County
Albert M. Twitchell
City Hospital
Twitchell
Catherine Wood
Lingola Place
Jamaica Plain
Josephine R. Rash
Albany Divide
Hecla Divide
Boston Curb Exchange
Charles R. Evans
Curb
Tonopah Divide
Divide Extension
Brougher Divide
Divide Consolidated
Ponopah Divide
Hasbrouck Divide
Knox Divide
Myra Divide
Rosetta Divide
Klondyke
Belcher Divide
Revert Divide
Comstock Lode
Divide
HECLA
John E. Allen & CO
Sei
Pag Ng Mass
Tel
Main