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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Nov 19, 1919

Page

22

Market Turmoil After High Money Rates Pressures New Selloff

New York and Boston trading opened with irregular, weak tones as call money near 12 percent spurred heavy selling. Crucible pool margin calls and high debit charges forced liquidation pushing many issues to new lows while some standout names like Endicott Johnson and Bethlehem Motors showed resilience amid broader declines.

Steel Common Anaconda New York Endicott-Johnson Federal Reserve Bank

Waldorf System gains and cement merger news drift through markets

October volume reaches 9 million with total sales at 143 547, a 46 percent rise year over year as Waldorf System lunch rooms report strong growth in Boston and Providence while Philadelphia sees declines. International Cement Company forms from Cuban and Texas plants with 400 000 authorized shares. Foreign cement consolidation plans and stock exchange bets shape a volatile market as call money remains high.

Philadelphia Boston Providence

Wall Street Slump Deepens With Heavy Liquidation

The New York market faced a brutal liquidation today as prices tumbled in the final hour. Crucible Steel led the slide, dropping sharply and dragging down steels, oils, motors, and equipment with broader losses across tobacco, textiles, and other sectors. Sales reached about 1.15 million shares amid irregular to heavy bond activity.

U. S. Steel New York London Crucible Steel Crucible

New York Stocks This Week Amid Market Volatility

Stock listings show mixed activity with varied price movements across multiple sectors. Investors monitor gains and declines as market volatility persists through trading sessions in New York.

Money Market Ledger Shows Broad Rates Across Loans

Current prices list brokers' customers' loans at 8 percent and outside brokers' call loans at 8 percent. Brokers' commercial loans and customers' commercial loans run 8 and 6 percent respectively, with individual collateral loans at 6 percent. Commercial paper and year money range from 5 1/2 to 6 percent.

Berkey & Gay Furniture to Issue New Preferred Stock

Berkey and Gay Furniture Company plans a 99 650 0007 percent cumulative preferred stock issue through W G Souders and Co. The issue will retire 200 000 of outstanding old preferred stock, expand plant facilities, and boost working capital as profits average 680 722 annually on a base of growing sales from 1 192 474 in 1912 to 2 600 000 in 1919.

Bethlehem Motors Corporation Bethlehem Motors North American Motors Company W. G. Souders & Co Berkey & Gay Furniture Company

Also Mentioned on This Page

Commonwealth of Massachusetts City of Cambridge Kidder, Peabody & Co Wall St Devonshire St. Boston Boston Mex. Pet Bethlehem Motors Financing American Cotton Oil Company Root & van Dervoort Root & van Dervoort Co Saxon Moctor Car Corporation Imme Saxon Co Moline Co Stephens Saxon Knight Motor Moline- Knight Financial Editor Cuba Argentina Uruguay Barking Hayden, Stone & Co Texas International Cement Company Cuban Portland Cement Corporation International Portland Cemento Corporation Compania Uruguay de Cemento Portland Texas Portland Cement Company Texas Company Dallas Houston Portland Cement Corporation New International Cement Corporation Baston Carson Hill W. J. Loring Carson Hill Gold Mining Company Morgan Mine Mother Lode California Calaveras Group Bank of England Wall Street National City Bank Union Pacific Union Southern Pacific Comrs Erty United States Allied Oil Perfection Tire United Fruit Studebaker Mullins Body Island Oil Hecla Homa Oil Ventura Oil U.S. Steamship Bos Wyoming Oil Arizona Silver Davis Daly Hendee MNF Verde Mines N. Y Tels Fort Hill Albert Sutcliffe & Co State St OUR Bond Department Hornblower & Weeks Congress St Chicago Portland Detroit W. Cameron Forbes Charles E. Perkins John F. Perkins Forbes-Perkins Company Liberty Street New York City Rodney D. Chipp Vulcan Trading Companies Brazil William T. Nolting Philippine Islands Brazil Railway Company State Street Massachusetts First National Bank Buenos Aires New York Market Ovre Bosch Car & F Hide & L Inter Corp Lin Oil Pf Ship & Com St Foundry Fay Sumatra Tel & Tel Ann Arbor T& SF T & SF Gi& W Baldwin Beth Sti Pf Brook Ra Burns Bros Brunswick Imp Cop & Z Butte & Super California Pack California Oy Steers Callahan Chander Motor CCC &Stl Sree Ches & Chio Gt Western Chi Mil & St P Chi & St P Pf Chic & Alton Se Tee Chi & N’west Chirt& P Cluett-Peabody Col Fuel & Iron Col & Southern Columbia Gas Endi-John Erie Ene i Erie Erie 2d Pf Fairbanks Tae Gaston W & W Orectisaaa Greene Can Nea Gulf Mobile & N. i Gulf States St’l Haskell & Bark Teeeeene Illinois Central Inspiration Cop Interboro Interboro C Ag Corp Nickel Jones Bros Eee Kan City Kelsey Mer Kennecott Keystone Tire Laclede Gas Lee Ot Tee Marlin Rock Maxwell Motor Miami Middle Sta's Oil Midvale Steel Minn & St Ln Missouri K Missouri Pac Mont Power Mullins Body Nash C & St L National Acme Nat Aniline Nat Aniline Pt Nat Biscuit AIT Nat Conduit As Enam & St Tex & Pe Norfolk & Wes Nor & Wes Pf North Pacific Peeee Nova Sco Steel Ohio Cities Gas Ontario Silver Venee Otis Elevator Ee Owens Bottle Otis Pacific Venee Pan Am Et Pan Pennsvania Penn St'l Ctf People’s Gas Pere Marquette Pere Mar Pf Philadelphia Co Ierce Ae Ierce Pitts &Wy Pond Creek Punta St Spring Remington R Iron & Steel Royal Dutch NW Y St Jos St L& SF Sinclair Oil Sloss Ffield Aene Acific South Railway South Rypf Stromberg Studebaker Pf Stutz Motor Seeree Superior Texas Core Texas & Pac Tidewater Oi Tran C Oil Tran & Wil’ms Twin Ci Union Oil Paper U S U S Steel Senna U S Steel Pf Seette Willys O'land Willys O’ Eg Pf Wilson Co Woolworth Eeror Ste Eene High Point Eest Serene Rer Eesese Ood Texcalokan Oil & Gas Company Texcalokan New England C. G. Galbo & Co OFL Richmond For Trust Department Credit Department E Department THE Merchants National Bank Mass Neee Money Market Berkey & Gay Furniture Financing Gambles Imperials Arizona Silver Ophir Metals Temple H. Fay & CO Boston Curb Exchange
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