Trust Combine Merges Bankers Trust and Astor Trust
New York March 28 Consolidation of Bankers Trust Company and Astor Trust Company created one management group with deposits totaling 260 million dollars. Bankers Trust capital 10 million with surplus and profits 16.62 million and deposits 224.22 million. Astor capital 1.26 million with surplus and profits 1.96 million and deposits 30.01 million. Astor to operate as a branch of Bankers Trust, with Seward Prosser as president.
MENTIONED IN THIS ARTICLE
New York
Bankers Trust Company
United States
Astor Trust Company
Astor Company
Bankers
Seward Prosser
Money Markets March 28 Quotation Highlights
Current money market quotes show ranges for call loans and commercial loans, with 3% to 5% rates across customer and insider loans. Federal Reserve notes, trade acceptances, and Sub-Treasury figures are reported, alongside foreign exchange rates and afternoon interbank rates for major currencies.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Trom
Io York Funds
Parchanges
Boston
Goa
Markets Report Total and City Share Totals
Total sales figures show New York 570,800 shares and Boston 22,133. Most active NY issue Steel 76,900 shares. Boston Swift & Co 2603. From Jan 1 1917 to date New York 52,306,300 shares. Boston 2,287,278. Year over year New York 42,093,736. Boston 3,356,752. Biggest NY gain Driggs Seabury 16 to 82 1 2. NY loss Baldwin Locomotive 11 4 to 60 5 8. Boston gain Nipe Bay 3 to 141. Boston loss Mass Elec pref 2 1 2 to 25.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Swift & Co
Driggs-Seabury
Baldwin Locomotive
Nipe Bay
Mass
Elec. Pref
Market Daily: New York equities show cautious strength
Trading in New York shares was subdued with broad participation and a tilt toward speculation. Ohio Gas and Wilson Packing hit fresh highs while Driggs Seabury led munitions gains. Steel issues showed slight firming as rails rose on anticipated rate action and Rock Island surged near session end. Total volume about 570,000 shares.
MENTIONED IN THIS ARTICLE
New York
Ohio Gas
Wilson Packing
Driggs-Seabury
United States Steel
Bethlehem Steel
Lackawanna and Sloss-Sheffield Steels
Great Northern Ore
Republic Iron
United States
Market Roundup Shows Gains for Swift and Atlantic Gulf
Boston market activity was moderate with fractional price changes. Swift & Co led with heavy dealings and price above 150, Atlantic Gulf preferred rose to 64 while common held. Utah-Apex weakness followed fire reports and potential three month mine suspension. New Haven strengthened on banker notes sale and rail strength. Utah Metal & Tunnel reports reduced lead and copper output but plans to process more low grade ore at a profit.
MENTIONED IN THIS ARTICLE
Swift & Co
Atlantic Gulf Preferred
Atlantic Gulf Common
Utah
Apex
New Haven
Utah Metal & Tunnel
Fortunes in Motors From $1000 to Big Gains
An original $1000 stake in the Reo Company has grown to over $100,000 while the same amount invested in Hupp yields $111,000 in cash dividends and $36,000 in stock value. The note lists Hudson, Chandler, Chevrolet, Overland, Buick, Saxon, Maxwell, General Motors, Studebaker and other makers as examples of firms that have sold satisfactory cars at attractive prices.
MENTIONED IN THIS ARTICLE
Reo
Hupp
Hudson
Chandler
Chevrolet
Overland
Buick
Saxon
Maxwell
General Motors
Studebaker
Detroiter Motors Plans Stock Bonus Issue Start
Detroiter Motors Company announces the start of a new issue with a share-for-share bonus of common stock issued with each share of 8 percent preferred. The move mirrors typical enterprise strategies to raise capital and reward existing holders.
MENTIONED IN THIS ARTICLE
American Zinc, Lead and Smelting Co
Directom
American Zinc, Lead & Smelting Company
EB. Farwell
American Zinc, Lead & Iting Company
Farwfll
Also Mentioned on This Page
Unit Manufacturing CO
Amesbury
New England
Treasury
Compan
Martin & Co., Inc
Devonshire St
Fort Hill
Miami Consolidated
Miami
United Magma _ Mines
United Magma Mines
Harry Lefkovits
Daily Market News
Barnett Oil & Gas Co
E. H. Clarke
William
N. Y
Philadelphia
Scranton
Newark
United States Smelting Refining & Mining Co
United States Smelting
Cestspany
Erie
F. W. Batchelder
Edison Electric Illuminating
Fh. Sanam
Dias of Business
Me Donaldson
American Tire Fabric Co
M. Donaldson
Bankers and Astor Companies
Money Markets
Arizona
Lewisohns
Frank J. Smith & Co
Congress ST
Temple W. Fay & CO
Boston Curb Exchange
State St
Crystal Copper Temple
H. Fay
The
French Republic
United Kingdom of Great Britain and Ireland
Norton
Massachusetts
Water Company
Exchange Trust Company Bond Department
Milk Street
Boylston Street
Rock Island
New York Market
Hide & Lea
San Am Beles
Zinc
Oil Co Seience
AIG & WI
Bald Loco
Bald Seewene Barrett Co
United States Commerce and Finance
Brose
Ohio
Benne Fsee
Pennsae Ee
Pitts Coal
Pitts C
Pitts Steel
Seare-Roebuck
Texas Tenn Cop & C Wi
Union Pacific
Ind Alco
Pus Bs
Steel Sidan al
Va Iron C & C
Union
Westingh
W&le
Boston Stocks
March
Sean Ae
T&t
NET & T
West T & T
Shane Pees
Alaska
ALG & WL
Boston & Maine
Butte & Sup
East Butteshee
Isle Pera
Spenseeer
New River
North Butte
Pacific Mills
Aeaee
Umey Mae
Mary’ S la
Su 'T& Costig
Tamarack
Csh
Torrington Pf
Trinity
United Drug
United Weeee
Utah Apex
Utah Metal
Ventura
Winona
West Unio
Wollaston Benevent
Burns Brossees
Ches & Ohio + & Alton
Gol Gas &Ites
Denver & R
Eerteees Industrials
Aetna Explosiv
Peeeeneeres
Marlin
Jim
Hee Nee Harv
NJ Peenee
Midvale Steel
Rochester
Amer Pulp
Joston & Montana
Sante Rita
Seveneee Tolb
Lee Rubber
Canada Copper
Cere
En Motors
Martin
United Od Mines of Arts
Aees
Amer Venture
United Verde
Atlantic
Pete Pee Eeraeere
Howe Sound
Dence
Seneree
Mckinley Derragh
Iim Mining
Brit Col
America
Detroiter Motors Company
Detroiter Motor Car Company
Detroit
Mich
Detroiter
W. R. Bamford
W. A. Hemphill
Continental Motor
Timken
Connecticut
Chicago
Guggenheimer and Curtin
Equitable Building
Torrey & Motor Stock
Wall Street
Torrey & Co
Wall St
City Square
Ieeeeener
Bay Plate
Auenes
Boston & Entans
Galemet & Ser
Weeeene Tenner
Frost National
Af Ag
Sereree
Oessen
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