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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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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