Market Quietly Edges Lower as Steel Talks Drive Activity
Trading was modest with total New York shares around 931 600 and Boston about 21 591. Steel led as investors awaited Washington talks while American Sugar rose to a yearly high on dividend expectations. Bethlehem Steel Reading and United States Steel also showed strength amid cautious profit taking.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Mass
Electric
Market notes on corporate poses and war contract settlements
A review highlights a stock near a new low of five dollars a share and discusses potential value of reorganization securities plus a ten dollar assessment. It notes American Bosch Magneto’s optimism for dividends, Massachusetts Gas earnings, and the push to settle war contracts to restore peacetime business, with steel pricing and several company reports examined.
MENTIONED IN THIS ARTICLE
American Bosch Magneto
New Industrial
Massachusetts Gas Company
Worthington Pump and Machinery Company
International
Montana Power Company
Ryan
Texas
Ranger
Eastland
Burkburnett
Hog Creek
Texas & Pacific
Standard Oil
Duke-Gorman
Shackleford County
Texas Prairie Oil & Gasco
Southland Life Insurance Blog
Dallas
Lackawanna County
New York
Gwynne Bros
Broad St
Broad
Where to Deposit Your Savings in Massachusetts Banks
Savings deposits in Massachusetts banks and trust companies earn interest from specified dates. Institutions listed include Andover Savings Bank, Brighton Five Cents, Brookline Savings, Cambridgeport Savings, Boston Five Cents, Columbus Savings, Home Savings, Hyde Park Savings, Salem Five Cents, Waltham Savings, Charlestown Trust, Commonwealth Trust, Cosmopolitan Trust, Federal Trust, Fidelity Trust, Metropolitan Trust, Old South Trust, So. Boston Trust, Fitchburg Bank and Trust, Melrose Trust, Highland Trust, Somerville Trust, United States Trust, with respective start dates noted.
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Andover
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Brookline Savings Bank
Cambridgeport Savings Bank
Melrose Savings Bank
Melrose
Boston Five Cents Savings Bank
Columbus Savings Bank
Boston
Home Savings Bank
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Salem Five Cents Savings Bank
Waltham Savings Bank
Waltham
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Ston
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Somerville Trust Co
United States Trust Co
Stabilizing Steel Prices Moves Forward At Washington
At a March 19 conference in Washington representatives of the steel industry and the Department of Commerce industrial board began steps toward price reduction and stabilization of basic commodities. E H Gary led the steel group with officials noting progress though no final decision on lower pricing was reached. a follow up meeting was planned for tomorrow.
MENTIONED IN THIS ARTICLE
Steel Men
Industrial Board
Washington
United States Steel
Department of Commerce
E. H. Gary
American Iron and Steel Institute
Peek
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