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Boston Post in Boston, Massachusetts

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 21, 1920

Page

20

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.

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.

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.

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.

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
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