Woolen shorts buyout shifts settle and resume news
The shorts in American Woolen urged settling with reports that the company’s New England mills would soon resume normal operations. Trading in bonds was light but broad with Swiss government bonds hitting a new high. total par value sales reached $8,660,000. Banks with Western ties lent on call and time at about 8.12 percent on prime collateral.
MENTIONED IN THIS ARTICLE
New England
London
U. S
General Motors
Mullins
Helvetia
Market Makes Slight Gains Amid Mixed Wall Street Trading
A cautious market posted small gains with volume over 300000 shares. American Woolen advanced to 9 on possible plant resumes, Baldwin fluctuated, and Stromberg and Worthington led among issues. Rail stocks rose on wage news with Reading and Southern active. Pan-American raises funds with 10 million notes for tanker fleet. Greelock debuts on the Boston bourse. General Motors and Mullins Body show strong six month results.
MENTIONED IN THIS ARTICLE
Baldwin
Stromberg
Worthington
Reading and Southern Railway
Gray & Davis
Stewart Manufacturing
Bosch Magneto
Calumet & Hecla
Pacific Mills
Eastern Steamship
American Woolen
Eastern
Wood
American Woolen Company
United Fruit
Greelock
Rail wage award and freight rate outlook dominate market notes
Financial editor notes the railroad wage award near 600 million dollars with a 20 to 27 percent rise, predicting freight rate hikes to cover costs and target a 6 percent return on property value. Wall Street reacts to the Railroad Labor Board statement on labor efficiency, while Seneca mine prospects show deepening ore potential and lowering production costs.
MENTIONED IN THIS ARTICLE
Comaraenens
Bear market outlook and bond yields discussed
The Har vard Letter notes no sustained stock bull movement due to money and commodity conditions. Analysts foresee the market leaving its narrow range, with a potential 15 to 20 point drop in leading issues before a rally may occur, delaying a full bear trend for a few weeks.
MENTIONED IN THIS ARTICLE
Harvard
Record of Industrial Stock Activity for 1920
A historical stock excerpt notes fluctuating figures with mentions of active industrials and daily gains. It records highs and lows referencing dates May 10 and Nov 6 and notes points around 1919 to 1920.
Also Mentioned on This Page
Norfolk & Western Railway Company
Kidder, Peabody & Co
Devonshire St. Boston
Broad St
New York
First National Bank
Boston
New York Market
Railway Labor Board
Pennsylvania Railway Company
Air Reduction Co., Inc
Lee, Higginson & Co
State Street
Higginson & Co
Lombard Street
E. C
Chicago
Hornblower & Weeks
Congress St
New York Providence
Portland
Detroit
Chandler
S. S
Chandler Motor
Pan-American Petroleum & Transport
Mexico
Mexican Petroleum
Pan- American
Pan-American
Greelock Company
Boston Board
Lsted
Greenfield Tap & Die Corp
Gilliland Oil Co
National Chain Motor Service Corporation
John C. Speirs
Delaware
Locomobile Co. of America
Mercer Automobile Co
Splitdorf Electrical Co
Standard Roller Bearing Co
Autocar Co
American Motors Corp
Frank S. Corlew
Jenkins Vulcan Spring Co
Washington
Motor Products Corporation
Irector Bay State Automobile Association
Laurence G. Tighe
F. It. Swift & Co
Bankers
Lester P. Sherman
Old Colony Truet Company
H. Ross Maddocks
Stewart Automobile Corporation
Fred H. Adams
J. W. Maguire Co
Pierce Arrow Trucks
Albert G. Ferguson Insurance
Kilby Street
Harry Ess
Weisner-Lenk Coo
Beston
Further Manufacturing Company
Robert W. Haubner
Wilson Instrument and Specialty Co
Passaic
N. J
Lubricating Accessories Co
Paterson
Lee Tire & Rubber Co
Irector
Harry Brergson
Bergson & Ford, Attorneys
A. W. Sobey Hood Rubber Company
WM. J. A. Bailey
Bailey & Company, Bankers
B. M. Short Boston Manager Standard Parts Co
Guy D. Niles
Bay State Automobile Association
H. W. Deveer
Ashton-deVeer, Inc
Automobile Department
Iver Johnson Sporting Goods Company
Casey
Messrs. Bergson
Mass
Boylston Street
Back Bay
United States Rubber Company
P. Colt
United States Mortgage & Trust Company
India
United States
Canada
Hartford
Providence
Indianapolis
New York Stock Exchange
Kuhn, Loeb & CO
Financial Editor's Notes
Wall Street
Railroad Labor Board
W. F. Bartholomew
Tucker, Bartholomew & Co
Seneca
Thomas N. Cole
Frederick Lewisohn
Bartholomew
Belgium
Japan
le Roy Sargent & Co
New York City
Mile Street
The
National Oil Company
New Jersey
William W. Cohen & Co
N. Y. Stock Exchange
N. Y. Cotton Exchange
Chicago Board of Trade
Exchange Place