Market slides on mixed signals from labor and regulation
The market opened lower amid bank surplus cuts and talk of stricter broker loans while Samuel Gompers’s labor speech presses the pressure. Traders anticipated readjustment woes and continued credit tightness, yet later rallied with small net losses and limited volume as war stocks held firm and rails lagged.
MENTIONED IN THIS ARTICLE
Samuel Gom
Pers
Commission
Money Committee
Bethlehem
Baldwin
Southern Pacific
Rails
Market notes on Swift trading and First National deposits
Market report details Swift & Co. stock activity amid rumors of asset distribution and a Swift statement. First National Bank of Boston reports record November deposits at 204.2 million, with earlier war-era peaks near 300 million.
MENTIONED IN THIS ARTICLE
G. F. Redmond & CO. Inc
State Street
Boston
Fort Hill
Penn Oil
Securities Exchange
Denver
Columbiaville Woolen Company
Chamberlain & Davis Investments
Postoffice Square
Century Steel Company of America, Inc
H. A. Schatz
Poughkeepsie
New York
Copper Range Company
BE. W. Paine
Treasurey
Swift & Co
Swift
Hammond Company
A. C. Lawrence Leather Company
Fertilizer Companies
First National Bank of Boston
New England
First National
Swift International
Telephone
Federal Reserve Bank
Stock Exchange
Stewart
Utah-Apex
Local Market Briefs and Odd Lot Prices
Boston curb sale items listed with price notes charm the market. Oil futures and stock quotes show modest activity as traders watch ledges and oils. Prices fluctuate around small, steady ticks with several items recurring at similar levels.
MENTIONED IN THIS ARTICLE
New England
American Oil Co
Wesley A. Gove
Sec. and
Treas
Thrift Bond-Buying Growth Moves Boston Post Audience
Observations on a postwar surge in a new bond buying class in the United States. Twenty five million people save regularly, learning bond concepts and investing monthly, boosting the Boston Post’s value to financial advertisers amid changing times.
MENTIONED IN THIS ARTICLE
United States
Boston Post
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