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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 17, 1920

Page

16

Market totals and notable stock activity from New York and Boston

Trading in early 1920 shows low public interest with few gains. New York and Boston volumes are listed for Jan 1 1920 to date, plus transfers and perceptions of a stagnant market. notable moves include International Harvester and various rail stocks amid mixed dividend news and consolidations rumors.

New York Boston Waldorf Crucible Am Tel Tel. Am Safety Raz Cosden Oil New Haven Punta Alegre Steel Island Oil N. Y

Corporate moves and stock actions highlight market wrap

The report covers a $350,000 purchase securing ore supply for converter linings, with three-year payments. Aetna Explosives notes 100,000 retired shares in a policy to use earnings for growth. Sullivan Machinery declares a $1 dividend on new stock. transfer rules apply. Public notices include National Shawmut Bank 3 percent quarterly plus 2 percent extra, Fidelity Capital’s $2.5 million preferred and $1.25 million class A stock, and C D Parker & Co relocating offices and purchasing 146 Congress street for remodeling and use.

Aetna Explosives Sullivan Machinery Co Republic Railway & Light Co National Shawmut Bank Fidelity Capital Corporation Capital Service Company C. D. Parker & Co., Inc Devonshire Street Equitable Milk Street Congress Street

Wall Street Mixed as Stocks Add Gains on Mergers Watch

In New York market activity on June 16 shows slight gains in select issues amid pools and cliques sparking interest. Call loans open at 7 percent then drop to 6, while industrials face weaker signals from Philadelphia woolen cuts and halted operations.

New York Easy Money Philadelphia Far East Dutch East Indies Europe General Chemical Barrett National Aniline U. S Clearanc Bt i Een House Ee Eeenes Aet Sae Miss Power Swift France Euilders Teeeeee Ag Chifd Enewe Eee Am Woolen Pf Woolen Rts Ang-Am Corp Sweden Eee Ee B & Maine B&m Aidb Bos Mex Pet Carson Hill J T Connor Century Steel Edison Libby Men & Ings Tapos Mohawk Abeves Nat Leather Tel & Tel New South Phosphate Sup & Bos Swift & Co United Shoe Alga U S

Investment market shifts linger or fade after war

The Financial Editor discusses whether the postwar investment landscape signals a lasting change or is a temporary tremor. It notes a long market decline, pessimism toward utilities, and the prospect that lower costs and capital will lift bonds and public utilities as the trend resumes. Freight-rate increases from the Interstate Commerce Commission may restore margins for several railroads.

Wall Street Interstate Commerce Commission

Labor Favor Road Ownership and Irish Support in AFL Meeting

Organized labor in the AFL convention in Montreal urged Congress to curb profiteering, endorsed Gompers' nonpartisan program, backed the Irish Republic, and called for withdrawal of armed forces from Ireland. The federation denounced theKansas court of industrial relations and anti strike bills in Colorado and Nebraska.

Montreal American Federation of Labor Congress Samuel Gompers Ireland Kansas Court of Industrial Relations Colorado Nebraska

Labor federation condemns strike as secessionist move

The federation denounces the railroad strike as a secessionist tactic to undermine recognized railway unions. It threatens charter revocation for groups aiding walkouts and urges congress to bar Japanese and other Asiatic emigrants and picture brides. W. D. Mahon was exonerated after labor unions accused him of disloyalty. The federation debates AFL endorsement of government ownership or control of railroads.

Federation Congress W. D. Mahon Street Carmen’s Detroit American Federation of Labor

Government ownership debate at federation session

A spirited debate closed the day with final action expected tomorrow. Backing the resolutions committee for government control, federation administrative forces opposed railroad employees and allies urging government ownership with democratic operation. Rail unions may gain broad support from United Mine Workers and Metal Trades, potentially overriding the committee report. President Gompers may speak to back the committee if needed.

Federation United Mine Workers Metal Trades Organizations Gompers

Allen Announces He Will Seek Reelection As Attorney General

Attorney General J Weston Allen says he will run again for his current job and will not seek the governor’s nominate as a possible opponent to Lieutenant Governor Cox. He notes the duties of the office and his aim to complete his first year of service before entering any higher political contest.

J. Weston Allen Cox Allen

Also Mentioned on This Page

Australia New Zealand Bank OF New South Wales Sir John Russell French Fiji Papas New Guinea London Umreadneedle Street George Street Sydney Virginia Buchlow Watt Street Baldwin Das Northern Pacific Chicago & Northwestern Great Northern North- Western Virginia Carolina Chemical United States Stubber Company Anaconda Copper Anaconda Consolidated Cigar Corporation Nova Scotia Steel Consolidation Nova Scotia Steel British Empire Steel Corporation, Ltd British Steel Enterprise D. H. McDougall Cape Breton Newfoundland Dominion Steel Corporation, Ltd Warren Bros Island Creek Root & van Dervoort Pond Creek Calumet & Arizona Eighty-Five Mining Company Shakespeare New Mexico Texas-Ranger Producing & Refining Company C.D. Knapp, Jr.& CO Investment Securities Broadway New York Market Alaska Sumatra Austin-Nich Vf Baldwin Pea Pf. Arn Seeps Barnsdall B Balt & Ohio É .Aia Barrett Co Beth Motor Beth Steel Booth Fisheries California Callahan Cen Leath P Cerro de Pasco Chandler Mot Chi M & P Pl Chi & N West H T&p Hi T&p Col Ost & Tron Columbia Gas Columbia Graf Consol Textile Cuban Am &Hudson Lack & W Erie M & Pf Fisk Gaston W & W He General Cigar Money Market Curb Industrials Abe Amer P & P Perfection Tire Philip Morris United Profit Sharing Hb Eve Steamship USL& Fivedewrne Uni Seehiweneeeres Ae Oils Seeene Nash Elk Basin Pete Federal Pete Ienrock Aeenee Island O & T Ale Kay Co Gas Esate Tawwenee Oss Jay Marland Rfg ABC Boston & Montans Calumet & Jerome Arizona Ash Boy Jewel Co Mines Kansas City Lly Tire Eureka Holly Kennecott Keystone Tire Lehigh Valley Jerome Verde Grote Mews Inc Manhatel Mason Valley Martin-Parry Sil King of Are Miesouti Pete Staw MFY Missouri Pac National Acme Tonopah Mining Nat Biscuit Tonopah Belmont Tuolumne Pane Sicioapocnes li Nat Cloak United Eastern Javewueeeeue West End NY Central Nynh&h Norfolk South Norfolk & West A. Ble No Pacific Nunnally Co Ohio Cities Gas Okla Pro & Re Otis Elevator Phillips Etrol Jerce Arrow Pitts Coal Teeedeee Pitts & W Rome St Louis Shell Trans & Nr Sinclair Il Sloss Sheffield Ae Southern Pac Boe Os al South Railway Oof NJ Pf Strombera Studebaker Texas Co Tex Co Texas & Paci Union Oil Union Pacific United Fruit U & Re & Imp US Steel Pf. Ene Utah Copper Vanadiaum Corp Va Car Chem Valton C&c Vivaudou Inc Vulcan West Maryland West Pacific Western Union Westhouse el White Motor Wilson Co Woolworth Ian Adens Geereweveree Bios Ceseeeserepecens Eeeneenne Albany Allied Ariz Ennee Boston & Mont Ston Wye Big L Port Senas Imperial Manhattan Mutual Seer Eeeres Pilgrim Ranier Silver Reef United Verde Chicago Grain Market Sake Enetonens IBS Eee Reee Shee Eee Atlanta Mortgage Loans Georgia Haas & Howell Aaron Haas Atlanta, Georgia Massachusetts C.D. Parker &C., Inc Devonshire St Fort Hill Andover Savings Bank Me Savings Brighton Five Cents Saving Brookline Savings Bank Melrose Savings Bank Melrose Boston Five Cents Savings Bank Columbus Savings Bank Bosto Franklin Savings Bank Home Savings Bank Bosto Medford Savings Bank Suffolk Savings Bank Waltham Savings Bank Walt Warren Institution For Savin Compac Charlestown Trust Co Chi Commonwealth Trust Co Cosmopolitan Trust Co Federal Trust Co Boston Fidelity Trust Co Hanover Trust Co Boston Hub Trust Co South Boston Trust Co United States Trust Co Melrose Trust Co Somerville Trust Co National Banks Boylston National Bank Union Market Nat’l Bank Water’n Eers Irish Republic R. R Mahon Rothschild, Campbell Co., Ltd Foreign Exchange Kilby Street Telephone Main State Mutual Building Worcester History of San Francisco Salt Lake E. Goast Fisheries E. Goast Fish Products W. T. Common G. F. Redmond & CO State Street A. F. Chas STAI Bow & Co., Inc Dow, Pres. and Treas Spencer Trask & Co New York Stock Exchange Congress St Chicago PY Asms Catt Cook Washington St. Pohay G. F. Redmond & CO. Inc Arthur M. Harvey Cornhill
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