Market Climbs as Specialties Track Strong Gains
The New York and Boston markets show continued wide strength with Sumatra and Gulf leading gains while Endicott-Johnson and General Motors push earnings. Total shares traded in New York and Boston rise year over year as steel and rail sectors swing on news of possible private operation resumption and a steel strike settlement.
MENTIONED IN THIS ARTICLE
United States Arsenal
New Salem
Mass
Springfield
Sumatra
Gulf
Endicott-Johnson
General Motors
Fisher Body
New York
Boston
U. S. Steel
Root & van der Voort
Endicott Johnson Corporation
New York Stock Exchange
Endicott Johnson & Co
Market Rally Extends Broad Gains Across Sectors
The market shows broader strength with copper warnings and rising prices. Strong advances in Root and Boston & Maine contrast with weaker copper surplus figures while Endicott Johnson and Fisher Body expansion unfold under GM sponsorship and new note financing reshapes debt.
Steel strike swings limit gains as market closes irregular
New York quotes show mixed results with Crucible Steel surging to 255 before an 18 point drop. Rail stocks lead a broad advance on hopes of rail privatization, while steel and related sectors pull back. Bond market steadies as utilities lift, total trading around 1.58 million shares.
MENTIONED IN THIS ARTICLE
Hiwee
Rumely Pt
Ax Rubber
Alaska
Alaska Jun
Allis-Chal Ctis
Am Bosch
Can Ag
Can
Ide & L
Hide & Lpi
Inter
T & SF
Atl Bir & Atl
Atlantic Coast
AIG& WI
Baldwin
Balt & Ohio
Balt & Ohio Pf
Tt Co
Bethlehem St'l
Beth Steel
Booth Fisheries
Brunswick
Calumet & Ari
Cerro de Paseo
Ches & Ohio
Chandler Motor
Gt Western
Gt West Pf
M & St Chi
Chi & N’west
Chi RI & Pac
Chi RI & P
Col Fuel & Iron
Col & Southern
Colas Gas
Con Cigar Corp
Con Cigar Cor
Victor Talking Machine Co Denies Transfer Rumors
Eldridge R. Johnson, president of Victor Talking Machine Company, denies rumors of transferring controlling stock to DuPont interests or any consolidation with Columbia. He states there were no negotiations or suggestions of such moves and blames rumor-monger stockholders seeking to sell.
MENTIONED IN THIS ARTICLE
Eldridge R. Johnson
Victor Company
Victor Talking Machine Company
DuPont
Columbia Company
Money Market Rates Report
Current prices show all broker and customer loan rates at six percent. Commercial paper ranges from five to six percent. Outside brokers calls also at six percent with collateral loans and commercial loans listed at six percent.
National Banks Note Listings in Boston and Water’n Markets
National Banks include Boylston National Bank in Boston and Union Market National Bank at Water’n showing dated entries Nov 2 and Nov 1 respective. The brief notices list bank names and dates with market references in a compact financial snippet.
MENTIONED IN THIS ARTICLE
National Banks Boylston National Bank
Boston
Union Market Nat’l. Bk. Water’n
Also Mentioned on This Page
Springfield Ice Company
James Milton Gill
Henry A. Field
Henry H. Bowman
Springfield National Bank
Frank H. Page
National Equipment Co
James Clair
Earnest E. Smith & CO
New England Securities
Devonshire Street
Washington
Hines
Ney
Atlantic Gulf
Jones & Baker Securities
Devonshire St
Phares Fort Hill
Pitteburgeh
Detroit
Philadelphia
Chicago
Royal Dutch and Shell
Hartshorne,Fales & Co
N. Y. Stock Exchange
Broadway
Bowling Green
Bay State Film
Northway Motors
Fulton Motors
Falls Motors
M. Winslow
Portland
Oldline
Verde Mines & Milling
United Verde Extension
Boston Curb Exchange
J.D. Lowe & CO
Bankers
State Street
Fort Hill
Root
Boston & Maine
New Haven
Aunta Alegre
Amoskeag
Body Corporation
Fisher Body Corporation
Cleveland
Carson Hill
Carson Till Gold Mining Company
American Zinc Company
Goodrich
Noretts
Interboro Con
Interboro C Pf
As Corp Pf
Mer Marine
Int Harvester
Mesad
Jones Bros Tea
Kan City
Elly Tire
Kelly Tire Pf
Steer
Kennecott
Keystone Tire
Lack Steel
Lee Tire
Lehigh Valley
Liggett & Mys
Liggett& M Pf
Loose-Wiles
L-Wiles
Lo’ville & Nash
Manhat el Gtd
Maxwell Motor
Miami
Midvale Steel
Mini & St L
Missouri K
Mo Kan & T Ff
Missouri Pacs
Missouri Pac Pf
National Acme
Nat Enam
Nevada Con
Tex & Mex
Y Air Brake
NYMEH
Y Ont & W
Norfolk & Wes
Pan
Penlvania
Peoria
East
Pierce Arrow
Pierce Oil
Pitt Coal Oe
Pitts & W V
Pond Creek Coal
Pullman
Punta Sugar
Ray Con
Reading
Iron Steel
Remington T D
Roy D NY Rats
Bt Louis
St Louis
Savage
Saxon Motor
Seaboard Air L
Seaboard A Lpf
Sinclair Oil
Sloss Sheffield
Soute Pale
Fees Byarner
Stromberg Car
Stromb Rts
Studebaker
Stutz Motor
Stutz Motor Rts
Superior Steel A
Texas Co
Tenn Cop Af
Texas & Pacific
Third
Uscip&f
Couiene
Utah
Utah Se Corp
West Maryland
West Pacific
Maryland Pf
West Union T
House Air Br
West el & Nes
W&le Pf
White Motor
Willys O'land
Willys O'land Pf
Wilson Co
Wisconsin Ce
Worth
Liberty
C.D. Parker & C0., Inc
Willys
Bond & Goodwin
New York Market
Crucible Steel
United Fruit
American Writing Paper
International Paper
U. S. Rubber
Worthington Pump
National
U. S
Victor Talking Machine Co
Imperial
Thomas W. Lawson
Hecla
John E. Allen & CO
Eeerene
Wee Etree
Doug Ike
See
Eee
CN Eee Eee
Money Market
Curb Crescent Petroleum Company
P. M
Leonard, Chandler & Dopp, Inc
Kilby Street
Mies
Massachusetts
Andover Savings Bank
Andover
The
Brookline Savings Bank
Brighton Five Cents Savings Bank
Melrose Savings Bank
Melrose
Boston Five Cents Savings Bank
Columbus Savings Bank
Franklin Savings Bank
Home Savings Bank
Hyde Park Savings Bank
Medford Savings Bank
Salem Five Cents Savings Bank
Suffolk Savings Bank
Waltham Savings Bank
Waltham
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Cosmopolitan Trust Co
Federal Trust Co
Fidelity Trust Co
Hanover Trust Co
Daily Metropolitan Trust Co
Old South Trust Co
Boston Trust Co
United States Trust Co
Fitchburg Bank & Trust Co
Melrose Trust Co
Highland Trust Co
Somerville
Somerville Trust Co
Evs
G. F. Redmond & CO
Livingston Oil
Fequest
C.D. Kye Jr.a Co
Singer Buipng
American Oil
Iself
H. F. Stephenson
State Room
American Oil Co
Arthur M. Harvey
AM. Tel
TEL
Swift & CO
SO. Pacific
A. F. Dow & CO
Tel Main
Withington & Co
Consolidated Stocks Exchange of
N. Y
Merrimac
State St
Frank W. Blair & CO