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Boston Post in Boston, Massachusetts

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 17, 1920

Page

23

Market experiences irregular closing amid German faction talk

The market showed a scattered closing with little reaction to reports of German monarchist talks with the Ebert government and counterrevolution struggles. Call money eased from 9 percent, stock groupings varied, and concerns over proposed stock dividend taxation prompted a reaction after a sharp rally. Brokers note large buy orders beneath the current level and expect further activity as groups move independently.

Germany Ebert Party Marshal Foch Canada New York

Local Market Rises Then Pauses Amid Broad Trading

The market showed broad activity with many issues traded, but only a few remained strong after early gains. United States Smelting led with a rise of over two points to 70, signaling strength before a mid-session pullback.

United States

Deficit at Coolorado Fuel & Iron Amid Postwar Slump

Coolorado Fuel and Iron reports a year end deficit of 577 646 with a prior year surplus of 2 732 047 and 7 51 a share on common stock In the year sales totaled 34 405 217 down from 48 328 574 while net earnings fell to 3 299 002 from 7 464 368 The company faced reduced rail demand and government contracts as well as a strike leading to lower gross business and continued dividend payments from surplus amid gloomy outlook for rails and steel recovery.

Coolorado Fuel & Iron J. F. Welborn Texas Company Pittsburg Coal Company Barrett Company

Market sees volatile rally as German downturn sparks New York trading

The New York market opens with a spirited rally spurred by news of the German revolution but loses most gains as speculative issues retreat. Traders weigh possible Federal Reserve actions and a retroactive tax on stock dividends while Crucible Steel and General Motors drive volatility.

Crucible Steel Chandler General Motors Texas Oil Reading Congress New York Federal Reserve Bank Washington Crucible Motors Texas Company United States

Cotton market closes with varied futures on March and May

The page lists last sale and daily ranges for cotton futures including Mar 16 Mar 15 and later months. Prices show opening highs and lows across contracts such as March May July October December January and February, with mixed movement and closing values near 30 to 40 cents.

Crucible Steel Company Declares 60 Percent Stock Dividend

Pittsburgh, March 16. The Crucible Steel Company of America directors declared a 60 percent stock dividend payable in common stock on April 30 to stockholders of record April 15, the first major firm to favor stock dividends since the Supreme Court ruling. A 3 percent cash dividend is also declared on the common stock, payable on the same date and to those records. The stock dividend will issue 125,000 additional shares with a par value of 12,500,000 dollars.

Bigheart Producing & Refining Company John. Gray Treasury Charles J. Enos Richardson, Hill & Co Galena Signal Oil Company Pittsburg Penn Crucible Steel Company of America United States Supreme Court

Also Mentioned on This Page

The Chase National Bank Wm. A. Read & Co Boston Bankers Trust Company Illinois Trust & Savings Bank Chicago Colorado Fuel Pierce Arrow Studebaker Ohio Hornblower & Weeks Congress Street Detroit Broadway Providence Portland Pennsylvania New York Central New Haven Union Pacific Southern Pacific Atchison Great Northern Northern Pacific Baltimore & Ohio St. Paul Rock Island Chicago & North Western Spencer Trask & Co Congress St Albany New York Stock Exchange Colorado Middle West California Pierce Pierce-Arrow Pierce- Arrow Transforma Ccoe-Stapley Manufacturing Corporation Coe-Stapley Springfield PHI Pittsfield Ladelphia Maine State of Harris, Forbes & CO Federal Street Coffin & Burr Incorporated State St E. H. Rollins & Sons Devonshire St. Boston New York Market H.H. Franklin Manufacturing Co Franklin Automobile Company Syracuse, N. Y F. A. Barton H. H. Franklin Manufacturing Co High Point Seeee SN Charles E. Davis State Street Mass
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