Market Summary Amid Declines and Exchange Shifts
Yesterday's New York market softened with price impairment led by oil, steel, shipping, and rail issues. United Fruit fell to 99 1/4 local, dividend overshadowed. Boston trading mirrored weakness as Liberty bonds slid. a 35-member New England railroad committee met at the State House to discuss the crisis.
MENTIONED IN THIS ARTICLE
Dulness
Liberty
United Fruit
New York
United States
American
Telephone
Swift & Co
United Shoe
Gray & Davis
Waldorf
Ventura
Boston & Maine
New Haven
Massachusetts
New England
State House
New England Governors Meet in Boston Assess Rail Rates Rise
Governors from New England met in Boston where railroad executives outlined a dire fiscal position and urged a 10 percent rise in freight and passenger rates to cover heavy operating deficits and cover fixed charges. No formal program was formed.
MENTIONED IN THIS ARTICLE
New England
Boston
Nutter
Boston Chamber of Commerce
Citizens’ Committee
Massachusetts
Charles A. Andrews
Associated Industries
Citizens
Pearson
New Haven
Cox
Market wrap notes despite foreign unease and oversold stocks
Financial editor reports a resilient market with fractional losses and no bulk downturn. Railroads soft but indeterminate wage cuts expected, Industrials liquidated with poor news having limited impact, copper shares steady despite German invasion talk, and London Paris markets firm. American Sugar seen heavy with a large 1920 loss forecast. company hints at continued dividends despite deficits. Bear selling weighs on fruit sector due to Costa Rica Panama friction. Railroad use at 70 percent capacity contrasts with higher figures for other sectors.
MENTIONED IN THIS ARTICLE
New York
London
Paris
Germany
New York Central
Shorts
Atlantic Gulf
Mexican Petroleum
Crucible Steel
General Asphalt
Guantanamo Sugar Company
Maverick Mills
London Stock Exchange
Paris Bouse
New York Stocks Report Mixed Early Trading
A partial stock market column notes mixed results as early prices show modest gains and declines across key names. Traders monitor energy shares and financials while awaiting further company reports and market cues.
Also Mentioned on This Page
First National Bank
Congress St
Philadelphia
N. E
Cuba Am
Maxwell- Chalmers
Allied Chemical
N. E. Railroad Conference
Northway Motors
Sullivan
Crowell & Thurlow
Merrimac Chemical
Johnson
Fidelity Capital Corp
East Coast Fisheries
Temple Vl. Fay & Ge
State St
Sinclair
Consolidated Oil
Pearl Street
New York Corner
Penn and
Wall Streets
Boston Post
The
American Agricultural Chemical Co
Barnsdall Corporation
Dallas Power & Light Co
Dallas
Texas
Chicago
Hornblower & Weeks
New York, Boston
Detroit
Portland
Broadway
Providence
Utah Copper Company
China Copper
Ray Consolidated
Nevada Consolidated
Cuban American Sugar Company
National City Bank
Maxwell-Chalmers
Maxwell-Chalmers Company
R. M. Hood
A.C. Downey
W. M. Anthony
Chalmers
Maxwell
Financial General
Chicago, Junction Railways
Union Stock Yard & Transit Co
Chicago Junction Railways Company
Ular
Treasury Department
Maine Central
Union Pacific
New York Stock Exchange
Liberty and Victory
Standard Tin Plate Company
Canonsburg
Pittsburg
Dee
Chicago Grain Market
Ae Low
Eyene
American Mortgage Corporation
Standard Investment Corporation
Newport Building
Devonshire Street
Mass
Kidder, Peabody & Co
Devonshire St
Broad St
Baring Brothers & Co., Ltd
Financial Editor
Costa Rica
Panama
Stock Exchange House
N. Y
G. F. Redmond & CO
Congress
Tel
Fort Hill
Market Review
McCormack & Erpenbeck, Inc. Stock Brokers
Tremont St
Boston, Mass
Hodgdon
Cashman Go
United Fruit Company
John W. Damon, ‘Treaddrer
Richardson, Hill & Co
Bangor
Investment Securities
Congress Street
Ajax
Alaska
Atlantic Coast
Balt & Ohio
At & Ohio
Lea
Beth Motor
Bethlehem &T
Bosch Mag
Beth Steel
Cop & Z
Ie & L
Inter Cor
Ifornia Pet
France
Callahan Z & L
Ship & Com
Sra
Sm & Re Pf
Spu
Chi Mil & St P
Sumatra
Eseres
Ch & N’west Pf
Chi RI & P
Chi R 1 & P
Chile
Chino
CCC & St L'pf
Cluett Pbhdy
Coca Cola
Col & Southern
Col & South
Columbia Gas
Columbia Graf
Consol Textile
Delck & W
Denver & Rio
Elkhorn
Endicott J
Erie
E. M. Fuller & Co
Consolidated Stock Exchange of
National Uninion Bank
Washington St
State Street
Newark
Cleveland
C.P. Dow & CO
State T Street
Securities Acceptance Corporation
Fifth Avenue
New York City
William M. Hutchison
Co. D. Ford
Broker’s Commission
Ari
Thur M. Harvey
Hill ‘el
Haymarket
Wyoming
Denver
Boston-Wyoming
Department of the Interior
Boston- Wyoming
Salt Creek
McCall & Riley Co., Inc
Broad Street