Wall Street Soars as Volume Tops Two Million Shares
A remarkable bull market day sent New York and Boston trading above two million shares with buying orders flooding brokers. Steel rose briefly to new highs, GM and Studebaker showed gains, and oil stocks buzzed as miners benefited from copper imports lifting mine shares.
MENTIONED IN THIS ARTICLE
New York
Boston
Old Colony
Bosch
Shaffer Oil Bonds Offered for Public Subscription
Montgomery and Co, Bonbright and Co, and H M Byllesby and Co offer Shaffer Oil and Refining Company first mortgage convertible sinking fund gold bonds at 95 with 12,000,000 total, dated June 1, 1919 and due June 1, 1923. Callable at 103 then 102.5 and later at 102. Company to acquire Shaffer interests and State Lands Oil, 7000 acres, 4000+ barrels daily, refinery 6000 barrels daily, 508 tank cars, 2 5,000 barrel tanks, 152 miles of pipelines, 40 stations. After financing, about 4,000,000 cash in treasury. Net earnings past 3 years average over four times max interest. 1918 earnings 3,898,878, over five times interest.
MENTIONED IN THIS ARTICLE
C. B. Shaffer and Associates
State Lands Oil Company
Financial note on year end cash position
The quote states the amount on hand at year end approaches roughly twice the level held at the start of the previous year, indicating a strong liquidity buildup and improved financial cushion. The context suggests ongoing revenue gains or careful cash management supporting the rise.
Where to Deposit Your Savings
A listing of savings banks and trust companies with deposit dates and terms. Includes Andover Brighton Five Cents Savings Bank Melrose Savings Bank Boston Five Cents Savings Bank Columbus Savings Bank Franstin Savings Bank Home Savings Bank Hyde Park Savings Bank Natick Five Cents Savings Bank Salem Five Cents Savings Bank Waltham Savings Bank and trust company deposits with interest start dates ranging from May 31 to June 1. Also titled banks and national banks such as Boston based institutions and Watertown Union Market National Bank with June dates.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andove
Brighton
Five Cents
Bai
Melrose Savings Bank
Melros
Boston
Columbus Savings Bank
Boste
Franstin Savings Bank
Home Savings Bank
Hyde Park Savings Bank
Natick Five Cents
Salem Five Cents Savings Bank
Waltham Savings Bank
Waltha
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Cosmopolitan Trust Co
Federal Trust Co
Fidelity Trust Co
Metropolitan Trust Co
Old South Trust Co
Boston Trust Co
United States Trust Co
Fitchburg Bank and Trust Co
Jan Melrose Trust C c
Melrose Highland Trust Co
Somerville
Somerville Trust Co
National Banks Boylston National Bank
Union Market
Nat’l B’k
Watertown
Also Mentioned on This Page
Security
Massachusetts
Federal Rubber C
Waitt & Bond
Stollwerck
Chocoli
Broad Street
State Street
Mass
Treasury
Livingston Oil Corporation
J. K.L
Tulsa
Oklahoma
Inciu
Lcaao
Osage Nation
Vcluuc
Turman Oil Company
Sapulpa Refining
R. G. Dun & Co
Bradstreet & Co
Oklo
20Kers New Yorkk
L. L. Winkelman & CO. Stock Brokers
Universal Products Corporation
H. C. Harris & CO
Investment Securities
Congress ST
Laurentide Power Co
Cedar Rapids Mfg. & Power Co
Michigan Northern Power Co
Nevada-California
Elec. Corp
Spencer Trask & CO
Albany
Chicago
Toronto Standard Stock Exchange
West Tree Mib
Toronto
Cana
Atchison
General Motors
Ford
Westinghouse
Studebaker
Hines
Atchison, Topeka & Santa Fe
Big Oil
Sholan Oil Company
Sinclair Consolidated Oil Corporation
Sinclair Oil
Sinclair Gulf
Southwest
Mexico
Bureau of Mines
United States Geological Survey
Geological Survey
Ford Motor Company
Chandler Motors
Pierce Arrow
Maxwell
White
Stutz
Willys-Overland
United States
Ajax
Lee, Goodrich and
Kelley-Springfield
Westinghouse Annual Report
Westinghouse Electric & Manufacturing Company
Shaffer Oil
Bay State
Black Hawk
Boston Ely
Boston & Corbin
Boston Wye
Eureka
Ree National
Eon
Siesaar
Ranier
Ryann
Santa Fe
Miami
Texana Ewes Snee
Truro Steel
United Verde
Saereene
Chicago Grain Market
Continental Refining
Pjunhamé Investment Securities
Exchange Place
Gulfport Oil & Refining Co. Capital
A. E. Roberts & CO
Springfield
Nat. Bank
Walnut
Worcester and Sinter Ride
Tel. Park
Lawrence
Essex Street
Perfection Tire and Rubber Co
G. F. Redmond & CO
Edw. Brady & Co
Devonshire St
Mammoth Divide Mining CO
E. H. Whiting & Co
N. Y
Sa Ae
Adams Cbs
Alaska
Car & F
Ride & Lea
AIG & WI
Balt & Ohio
Barrett Co
Balt & Ohio Pf
Ballas
Hle Hem
Beth Steel (B
Booth
Butte & F
Callahan
Calumet & Ariz
Cerro de Pasco
Chandler Motor
Ches & Ohio Aneene
Chié& Eil
Chia EM
Eeee
Gt Western
Gt West Pf
Chi Mil & St P
M & St P
Col & So Ist
Cuba
den & Rio G
Eric Ceveveceves
Erie
Fed Min & Sm
Fisher Body
Bo Gaston W & W
Gen Electric Saenee
Aeneeer
Pf Seeee
Goodrich
Granby Ae
Nor Ore
Greene Cannes
Gulf Mobile
Gulf Tates
Gulf Sta Sts. Pf
Haskell & Bark
Illinois Central
Inspiration Cop
Interboro Con
Interboro C Pf
Int Ag Corp
Int
Agrp Pf
Harves
Paper Plata
Pfew
Kan City
Kelly Tire
Kelsey
Kelsey Wheel
Kennecott
Keystone
Lack $ Steel
Laclede Gassenne
Lake E & W Pf
Lee Thestseweeee
Lee Valley Weeee
Lorird Seereenee
Maxwell Motor
Max Motor
Mer Marine
May Dept St’es
Mar
Midvale Steel
Minn
Enam & St
Ivestors
San Francisco
Salt Lake
Los Angeles
Pittsburgh
Philadelphia
Denbigh Silver
Denbigh
Thomas W. Lawson
G.F. Redmond & CO
Fort Hill
Nipissing
Tonopah
L.L. Winkelman & CO
Babson’s Statistical Organization
Wellesley Hills, Mass
A. F. Dow & Co
Ranger
The
All
Curtis
Packer CO
Broad St
Neark
Western Hotel Corporation
American Tourist Hotel CO
Symes - Bldg
Denver