Market Recovers As Shares Rally Across New York and Boston
The market continued its vigorous recovery with widespread gains. New York and Boston totals show large daily and year to date volume, while oils and motors led the advance and many stocks moved to new high ground. Analysts disagree on whether this is a temporary rally or the start of a sustained upturn.
MENTIONED IN THIS ARTICLE
New High
Sinclair Oil
Where to Deposit Your Savings
Money deposited in Massachusetts savings banks will draw interest from specified dates including Boston Five Cents Savings Bank on July 9 and Brighton Five Cents Savings Bank on July 14. Trust company deposits in savings or interest departments begin July 1, with several named firms in Boston and nearby towns. The report also covers stock market movements and individual company performances in the first quarter.
MENTIONED IN THIS ARTICLE
Bay State Street Railway Company
Eastern Massachusetts Street Railway Company
Old Colony Trust Company
Massachusetts
Boston Five Cents Savings Bank
Columbus Savings Bank
Boston
Franklin Savings Bank
Home Savings Bank
Wyee Park Savings Bank
Andover Savings Bank
Andover
Brighton Five Cents Savings Bank
Brookline Savings Bank
Melrose Savings Bank
Melrose
Medford Savings Bank
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Cosmopolitan Trust Co
Federal Trust Co
Fidelity Trust Co
Old South Trust Co
Boston Trust Co
Jnited States Trust Co
Melrose Trust Co
Highland Trust Co
Somerville
Somerville Trust Co
Metropolitan Trust Co
Vitchburg Bank and Trust Co
N.Y
Albany
Albany Divide
G. W. Allen
Hecla
Hecla Divide
Boston Curb Exchange
Charles R. Evans
Treasue
Hecla Divide Company
Curb
John E. Allen & CO
Devonshire Street
Mass
Citizens' National Bank Opens Today in Dewey Square
The Citizens' National Bank opens its doors today at 179 Summer Street opposite South Station in Dewey Square Boston. It boasts 500000 capital and 250000 surplus with a full service layout including foreign exchange and safe deposit vaults. President Guy A. Ham and Vice-President Wilbur I. Beale lead a well known board of directors in a remodeled building designed by Hutchings and Green.
MENTIONED IN THIS ARTICLE
Citizens’ National Bank
South Station
Dewey Square
Summer Street
Beale
Guy A. Ham
Wilbur I. Beale
Peoples’ National
Dorchester Trust Company
Boston
Hutchings & Green
Money Markets Current Prices Listed
Current prices show all major money market instruments at 6 percent. Brokers customers loans outside brokers call loans and commercial paper all quoted at 6 percent. Individual customers collateral loans and year money also at 6 percent.
Market Gains and Setbacks Edge Higher on Faster Money Rates
New York stock market rises early on faster money rates with many issues up 2 to 6 points. Gains were pared by profit taking in the first hour, then a fresh upturn after a period of dullness. United States Steel jumped as high as 18.25 but erased much of the rise by close. Texas & Pacific led gains among rails with about 5 points. Total shares traded reached 1,425,000.
MENTIONED IN THIS ARTICLE
Adams Express
Alaska Jun
H & Lea
H & L Pf
Sm & Re Pf
Wit P Pf. Seube
Aig&wl
Balt & Ohio
Balt & Ohio Pf
Barrett Co
Batopilas Mini
Beth Steel B
Beth Stl
California
Cerro de Pasco
Hes & Ohio
Gt West Pf
Chi Mil & Sup
Chi & St P Pf
Chi & N'west
Chi RI & Pac
Chic & N W Pf
Chrt& P
Columbia Gas
Denver & Rio G
den & Rio
Goodrich
Gulf States St'l
Haskell & Bark
Interboro
Harves
Harves Pf
Kan City
Kennegott
Kelly
Keystone Tire
Lack Steel
Lack Erie & W
Lee Tire
Lehigh Wall
Lig & Myers
Lorillard
Mackay Cos
Manhat Elen
Marlin Rock
Aetna Explosives Eeseetee
Maxwell Motor
Annapolis Ferry
Max Motors
Car Light & Power
Max Motor
Chalmers Motors Seeweenes
May Dept St’es
Miami Copper
Libby McNeil & Ibby
Midvale Steel
Arconi Wireless Eoeeerese Aig
Minn & St
Maxim Peeniieee
Missouri K & T Oo
RS North Amer P
Missouri Pac
Perfection T & R
Ohio Savold
Swift Inter
United Retail
United Profit Sharing
Tex & Des
Wright-Martin Air Com
Y Central
New York
Allen Oil
al Atlantic
No Pacific
Boone Oil
Nova Sco Steel Ahs
Barnett O& G Teeee Ra
Ohio Cities Gas
Bos Wyo Oil
Okla Pro & Rea
Cosden& Co
Sheen
Ontario
Silver Commonwealth Peartes
Owens
Eee
Elk Basin Pete
Trter
Pacific Mail Renee
Frtel
Limeralda
Pan Am P& T
Federal
Pennsylvania
Wetee
Hudson Oil
Penn
Glenroe
Houston
Peoria & East'n
Pere Marquette
Island O& T
Pere
Erce Oi . Oe
Midwest, Oil Com
Morton Pete Ee Enon
Pittsburg Coal
Pitts & W V
Pond Creek Coal
Midwest Refining
Northwest Tree Eens
Io Ranger Oil
Okmulgee P & R
Omar O & G
Pennok Oil
Royal Dutch Pet
Sinclair Gulf
Asda
LZ Bree
Royal Dutch
Sinclair Oil
Belmont Screeeeaseenerers
Sloss
Sheffield
South Pacific
South Railway
Boston & Montana
South Ry
Caledonia
Stromberg
Canada Copper
Studebaker
Candelaria Sil Sewer
Studebaker Pf
Arizona
Cag Reusgen
Superior Steel
Cresson Goldon Copper
Texas Co
Salvador
Eureka Croesus
Texas & Pacific
Florence
Er Astewee
Ennate
Fortuna
Gelien Gate
Ran & Wil'ins
Goldfield
MacNamara Heer
Uscipé
Magma Sre
Seeene
Eager
Mason Valley
Rene Ennes
Montana
Nipissing Saneemetegancs
Utah
Nixon Nevada
Ohio
Va-Car Chem
Onondigo
Ray Hercules
Vals Daly
Itex Consolidated Ll
West Maryland
United Cigar
United States
Duponts
American International Corporation
Steel
Ventura
United Shoe Machinery
Mayflower
Davis Daly
Allouez
Steel and Iron Authority
United States Steel
Rails
Also Mentioned on This Page
Boston Stocks
West el & Mfg
Willys O ° Land
Miss Power
NET
Speeereues
Algomah Bett
Toner Ees
Bigheart
Bingham Wetteeee
Bost & Albany
Bost
Seervene
Bost & Lowell
Bost & Maine
Butte-Ballak
Cal & Ariz
Cal & Hecla Ln
Carson Hill
Conn River
Hancock
Helvetia
Reek Coal
Island Oil
Isle Royale
Eweenaw
Lake Co BL
Libby Ae i
L-Wiles
Maine Central
Mass Electric
Teepf
Mergenthaler
Ichigan
Mohawk
New Arcadia
New Cornelia
NET & Tel
New River
New Haven
New Idria
Seneca Settee Esas
St Marys M
United Fruit
United Shoe Ser Ee
UN Shoe
US Steel
Utah Apex
Utah Metals
Victoria
Waldorf. Sheepees
Walworth
West End
West End Pf
West Union
Stewart
Saan Esee
Whee Enee
Tonopah
Tuolumne
United Eastern
Estte
West Dome
Enee
White Caps Mining
Yerrington
Cdge
Atipota
Sil
Bay State Gas
Black Hawk
Boston Wye
Boston Ely
Bost & Monta
Butte & London
Cascade It
Tts
Canada
Champion
Con Ariz
Cosden
Crystal No
Denbigh
Eureka Croe
Gulfport
Oma
Hasbrouc
Kate Hardy
la Rose
Longford
Inves
Monarch
Salt Creek
Miami P Pd
Miami
Eeeeen
Swhadeeeye Aveet
Thee Weweseerene
Massachusetts Electric Companies
Davis-Daly
Pri Ves
Fort Hill
Detroit
Philadelphia
Hercules Petroleum
H. W. Bennett & CO
State St
Island Crees
Goa
Siahd Crees
Island Creek Coal Company
F. W. Batchelder
Island Cree Coal Company
R. W Batcheldur
Pond Creek Coal Company
John Balch
Hupp Motors Cosden & Co
Tone
Divide
Boston & Mo
Texana Federal Oil
MicKinley-Dar
Glenrock Libb Sinclair Gulf Dware
Sinc
Copper& Willys- Overland Fairbanks Co
MacNamara
Woolen Studebaker Paldwin
Waldorf System
Istand
Ol Chalmers Davis-Daly Perfection
Pennck
G.F. Redmond &Co
Boston Hill
Mammoth Divide Mining CO
K. H. Whiting & Co
As&n
Broad St
Trust Companies
National Banks Boylston National Bank
Union Market Nat'l Bk
Watertown
Car & Foundry
American Car & Foundry
Money Markets
Pabson’s Statistical Organization
Wellesley Hills
C.D. Parker & Co., Inc
Devonshire St
New York Market
Sartire AO
Gytanyy Lanning
Crucible Baldwin
St. Paul
Gen
Motors
Pete Studebaker
U. S. Steel Butte
Crystal Monarch
Nat'l Calumet
Jerome
Pete Emerson
Phono
Nipissing
McKinley
Kerr Lake
Nixon
Nevada
rCon
Livingston Oil
Texas
Oklahoma
Burkburnett Field
Tulsa
Okla
D.exarp Jr.a Co
Singer
Consolidated Stock Exchange of
James M. Glassman & CO
N. Y
Broadway
Comanche County Oil Co
Comanche County
Joe Doke
Fox, Nicholas
Australia
New Zealand
Bank OF New South Wales
Capital Reserve Fund
Sir John Russell French
George Street
Sydney
Fiji
Papua
New Guinea
London
Threadneedle Street
Arthur M. Harvey
U. S. Rubber
A. F. Dow & CO
State Street
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