Market Dip After Quiet Trading Session
Market sentiment eased as trading slowed with meager activity. Investors watched Mexican Pete and Pan-American stock dividends while Mercantile Marine and Barings announced dividend actions on fruit today.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 08, 1920
Page
20
Market sentiment eased as trading slowed with meager activity. Investors watched Mexican Pete and Pan-American stock dividends while Mercantile Marine and Barings announced dividend actions on fruit today.
The market weakened around the Court decision upholding the 18th Amendment and Volstead Act, with light trading of about 375000 shares. New York and Boston marked limited activity as banks prepared for tax payments and earnings trends showed cautious holding, while United Fruit and Pan American edged on dividend expectations.
Woolworth reports May sales of 11 320 307 up from 9 924 491 with five month total 49 577 966. Directors may declare an 8 percent dividend on full stock after a 30 percent stock dividend. old stock would effectively yield 10 40 per share. George W Goethals resigns as American Ship and Commerce president. Swan and Finch passed semi annual dividend due to lower earnings. Mercer Motors shows 203 410 profit before taxes for January to April. Sateen Whole Company May sales fall to 2 097 849 from 2 344 061 year earlier. Hancock Consolidated stockholders set June 16 to authorize 300 000 bonds to continue operations.
Financial markets split focus between Chicago and Washington as investors awaited Supreme Court decisions on the 18th Amendment and the Volstead Act. Trading was cautious with most stocks steady or down slightly, while industrials and rails fell modestly and bond activity remained irregular.
The article reports Bee Boston Elevated’s last dividend at 5 percent, with next payments at 5.5 percent for two years and 6 percent for six years, yielding about 9 percent at current prices. It discusses investment risk, state guarantees, and future at cost fare adjustments. It also covers stock-market sentiment ahead of the presidential nominating conventions, Johnson fears, and potential party platform implications for the Olstead Act, plus Rock Island stock strength from low-priced issues.
A historical listing shows savings banks and trust companies with dates when deposits begin earning interest. Institutions include Savings Bank Andover Franklin Savings Bank Home Savings Bank Boston Medford Savings Bank Suffolk Savings Bank Waltham Savings Bank Warren Institution for Savings Charlestown Trust Co Commonwealth Trust Co Cosmopolitan Trust Co Federal Trust Co Fidelity Trust Co Boston Bicome Hanover Boston Trust Co United States Trust Co Boston Melrose Trust Co Somerville Trust Co Dates range from June 1 to July 1 with various July and June deadlines.
A partial OCR list shows bond prices and issuers including Chicago 48 30 5e 1922 and various company bonds like Atlantic Coast Line, Texas Co Balt, Union Pacific, and Baltimore & Ohio. Notes reference rates around mid- to high-80s and 90s with several percent indicators and entry codes.
Jimmy Cassell pitched Boston High to a 2 to 1 victory over St Anselm's Prep. Cassell drove in the winning run in the ninth on a passed ball aided by a fielding miscue. Final score 2-1 with Cassell, Mooney and McCupher among the scorers.
A chaotic but legible recap of Thorncliffe race results across seven events. Winners include Gallant Broom in race two with Lady Binmore placing second and Santiamore third. Other victors listed include Enrico Ca for race three and Jim O. in the Toronto Hunt Club handicap, with multiple second and third finishers such as Dandy and Greek cetaret.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.