Tax Exempt Stocks and a Possible Massachusetts Tax Shift
Massachusetts tax officials and brokerages warn that the April 1 deadline looms for securities tax changes as lawmakers debate a shift from taxing market value to income. A 6 percent income tax on securities is proposed, replacing the current 18 per 1000 rate, with real estate interests fearing higher overall burdens.
MENTIONED IN THIS ARTICLE
Massachusetts
State of
Stock Exchange
Thanhouser Film Corporation
Unclear Market Note on Unlisted Stocks and Curb Plans
A fragment notes UNLISTED STOCKS and a New York curb with figures $5 and $6,215 shares. No clear actions, dates, or entities beyond these two risk indicators and price points. The text lacks coherent event details for a fuller summary.
Money Market Rates and Foreign Exchange Steady
March 14 update shows brokers call loans at 3 percent and outside call loans at 3 percent. Commercial loans range 3.44 to 6 percent, collateral loans 4 to 6 percent, commercial paper 3 to 4 percent, year money 4.4 percent. Afternoon banker rates: Sterling-Cables 4.767, demand 4.764. francs 5.90, marks 72, guilders 42.34, lire 6.68.
Market Highlights Yesterday in New York and Boston
Total sales in New York and Boston for yesterday reached 1 105 487 and 53 092 shares respectively. Bethlehem Steel led gains in New York while Adams Express fell. In Boston New Haven rose and U S Smelting declined.
MENTIONED IN THIS ARTICLE
New York
Boston
U. S
Bethlehem Steel
Adams Express
New Haven
U. S. Smelting
Broad and volatile Boston curb trading on the local scene
Curb trading in Boston showed broad activity with fluctuating prices. Champion led the day with a three cent decline, United Verde Extension rose among active issues, Truro Steel advanced on light sales, Iron Cap preferred sold at a loss, and Bingham closed higher. Inactive issues swung widely, with several five to twenty five cent moves. Victoria Oil closed weaker.
MENTIONED IN THIS ARTICLE
Bay State Gas
Bingham Nedvee
Boston Corbin
Boston Ely
Boston & Mont
Butte & Loneesenee
Cal & Corbin Testes
Cal & Mont
Champion
Arizona
Cortez Spanabc
Caba Port Cmt
Davis-Daly Es Bebe
Eagle & B Bell
Ely Witch
First National
Fortuna
Paes
Fuller
Aig
Germany
Goldfield
Gold Lake
Success
Thanhouser
Truro Steel
Victoria Oil Am
United Verde Extension
Iron Cap
Bingham
Victoria Oil
Market Advances Sharpen With Record Day For Year To Date
New York market strength broadens with 1.1 million shares traded, a year to date record. Crucible Steel United States Steel and Bethlehem Steel lead gains as war and industrial issues rise, while rails show strong demand and foreign exchange hits a new low for marks.
MENTIONED IN THIS ARTICLE
New York
Mexico
Europe
Crucible Steel
Westinghouse Electric
United States Steel
Bethlehem Steel
Reading
Canadian Pacific
Union Pacific
Lehigh Valley
Grangers
Express
United States
Metal Market Mixed as New York Leads on War Orders
Boston notes a soft local market with copper and lead prices firming in New York. Traders profit takings around metal stocks surface as war order prospects buoy the outlook, despite annual report depressions and local price comparisons. Centennial and Lone Star copper earnings and yields are outlined with historical baselines.
MENTIONED IN THIS ARTICLE
Boston
New York
Trust
Europe
Centennial
Allone
Grain Markets Focused on March 14 Prices in Chicago
Chicago grain market notes show March 14 closing figures for wheat corn and oats with May July and Sept futures. Wheat ranged near 1.05 to 1.09 with various bids and offers, corn around 7 3/4 to 7 7/8, oats about 44 to 45 cents, park and lard futures listed with May and July entries.
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New England
Earnest E. Smith, Inc
Devonshire St
Worcester
Lowell
Fore River Ship Building Coron
Investment Bankers
Devonshire Street
Shawmut Steamship Co
Massachusetts Corporation
New Hampshire
Vermont
Connecticut
WM. H. Randall & CO Maritime Investments
State St
Tel
Main
Kidder, Peabody,& Co
Wall Street
Baring Brothers & Co., Ltd
London
City of
Somerville
State Street
Aes
Apsley Rubber
Arlington Mills
Boston Belting
Dartmouth Mfg
Fisk Rubber
Johnston
Hood Rubber
OY Mass
Cotton Mills
Naumkeag St'm
Waltham Watch
Boston & Albany
Foston
Edison Flec
W. H. McElwain
West End
Erie
Butte
Ajax
Ag& WL
AG & WI
St Joseph
Midvale Ae Seas
Cosden
Money Markets
Federal Reserve Bank
Esse
Renner
Ee Ee
Sub-Treasury
Treasury
Nese Eararneenen
Deereerebeeseeneteas
Hornblower & Weeks
Boston and
Congress St
Chicago
Providence
Detroit
Hodgdon
Cashman & Company Bankers
Rye
Renee Ane
Eeveenn
Eevee
Cain
Santis
Walker
John E. Allen & CO
Tock Broker
New York Market
G. W. Field & CO
Congress Street
Sahesas
Quincy Market Realty Company
Naumkeag Steam Cotton CO
Plymouth Cordage CO
Gray & Davis, Inc
Blake Brothers & CO
Renfrew Mfg. Co
Richardson, Hill & CO
Hamilton Woolen
Plymouth Rubber
Merrimac Chemical Rights
Com
Sagamore Manufacturing
Everett Mills
Contoocook Mills
Morse Twist Drill
Grinnell Manufacturing
King Philip Mills
Bourne Mills
American Glue
Columbian National Life
Boston Telephone Main
Mass
Pine ST
New York, N. Y
New York Telephone
John G
Iutsil
Minneapolis
Duluth
Teledo
Ron Blossom
Temple H. Fay & CO
Boston Curb Exchange
American Tire Fabric CO
Alaska
Frank A. Andrews, Inc
Washington Streets
Mr. Leibly
Frank A. Palmer
Journal Building
Frank J. Smith
Brady & CO
American Public Utilities Co
Kelsey,Brewer & Co
Michigan Trust Bldg
Grand Rapids
Michigan
C. R. Bergmann & CO
Broadway
Majestic
Utah-Apex
Utah-Metals
Submarine Signal Lithgow, Maher & CO
United Fruit Company
Joan W, Damon