Market opens strong on strike news and Wilson health
New York total sales 1 388 900 shares led by U S Steel 116 100 and Carson Hill Jrs in Boston 15 400. Year to date New York 238 747 150 shares Boston 7 356 269. The market opened strong on strike settlement hopes and Wilson health reports, but soon resumed heavy selling with a rally late. Leaders included Chandler Motors Atlant Gulf Pan Petroleum Mexican Petroleum Beet Sugar Baldwin Locomotive and Bethlehem Steel. call money rose to 14 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
U. S. Steel
Carson Hill Jrs
Wilson
Dr. Grayson
Baldwin
Bears
Chandler Motors
Atlant
S Gulf
Pan Petroleum
Mexican Petroleum
Baldwin Locomotive
Steel
Bethlehem Steel
Igh. Low
Rumely Senna
Rumely Pf
Ajax
Bosch Mag
Hide & L
Hide & L Pf
Inter Corp
Lin Oil
A. Repf
Eonsee
Sumatra
Tel & Tel
Booth Fisheries
Brook
Brook R T Cf
Burns Bros
Butte & 1
Caddo Cen Oil
California Pack
Cent Foundry
Ches & Ohio
Gt Western
Gt West Pf
Chi Mil & St
Chm & &T P Pf
Chi & N'west
Chi Pneu Tool
Chi RI & Pac
Chi RI & P
Chi Rit
Col Fuel & Iron
Col & Southern
Columbia Gas
Conigar Corp
del & Hudson
del Lack & W
Oc . Rio G Pl
Erie
Erie Ist
Fairbanks Ore
Fed M & Smpf
Fisk Rubber
Gulf States Sv’l
Haskell & Bark
Illinois Central
Inspiration Cop
Interboro Con
Interboro Cpf
Int
Ag Corp Ae
Jones Br ‘Os
Kan City
Kelly Dinkees
Kelsey Wheel
Kennecott
Ween
Keystone Tire
Kresge
Lack Stee
Lee Tire Tee Bes Ees
Loose-Wiles
Lehigh Valley
Enteee
Lorillard Ereeseene
Mackay
Miami Coper
Middle St
Midvale Steel
Wenee BN
Missouri K
Missouri Pac
Nova Scotia Steel Looks to Solid Earnings and Export Plans
Nova Scotia Steel and Coal expects a solid net per share for common this year after taxes and a small depreciation allowance, with last year showing over $10. The firm has $15 million common stock at 5 percent dividend and a profitable coal unit. D H McDougall travels to England to pursue an export market for ore as profits support common shareholders.
MENTIONED IN THIS ARTICLE
White Oil Corporation
Delaware
P. J. White
White & Sinclair
White
Nova Scotia Steel & Coal Company
Nova Scotia Steel
Nova Scotia
D. H. McDougall
England
Financial Editor's Notes on Telephone stock and bonds
The column discusses broker tactics targeting Telephone stockholders in New England and quotes Chairman Theodore N. Vail on August 1 plans and 1919 earnings. It explains convertible bonds, using American Telephone six percent bonds as example, and explains when conversion becomes profitable based on stock price and conversion ratio.
MENTIONED IN THIS ARTICLE
New England
Theodore N. Vail
Vail
Bell
Market clusters list of stocks with large blocks traded
New York stocks show varied volumes with Missouri Pacific Moline Plow Montana Power National Acme Nat Aniline and others trading in blocks. Pan Am P & T Pennsylvania Pere Marquette and Pierce Oil are noted with notable volumes. Continued on Page 23.
MENTIONED IN THIS ARTICLE
Missouri Pac
Moline
Mon
Montana Power
National Acme
Nat Biscuit
Nat Cloak
Nat Conduit
Nat Lead
Nevada Con
O Tex & Mex
Y Central
New York Dock
Y Dock
Nynh&h
Ont & W
Norfolk South
Norfolk & Wes
No Pacific
Nova Sco Steel
Ohio Cities Gas
Okla Pro & Re
Ontario Silver
Owens Bottle
Pacific Gas
Pacific Mail
Pac Tel & Tel
Pan Am P & T
Pennsylvania
Penn
Pierce
Pierce Oil
Also Mentioned on This Page
Elder Manufacturing Company
Old Colony Trust Co
American Trust Company
St. Louis
National Shawmut Bank
Boston Mercantile Trust Co
George S. Elder
Tom Sawyer
Webb City
Edwardsville
United States
Richardson, Hill~& CO
Congress Street
Copley Plaza Hotel
Portland
Broad Banking Service
TE Merchants National’ Bank
Merchants Organization
Foreign Department Transfer Department ‘Industrial Service
Merchants National Bank
Australia
New Zealand
Bank OF New South Wales
John Russell French
George Street
Sydney
Fiji
Papua
New Guinea
London
Threadneedle Street
E.C
Exchange St
National Leather
Mullins Body
Root
Parish & Bingham
Gray & Davis and
Elder
New Oil Corporation
New Haven
Interstate Commerce Commission
Financial Editor
Gage
Spencer Trask & Co
Congress St
Albany
Chicago
Third Ave
Tobacco
Tran & Wilms
Union Oil
Union Pacific
Union Pro
United Fruit
United Druc
Pitt Coal
Pitts & WV
Pond Creek Coal
Punta
Punta Sugar Its
Pullman
Ry St Spring
Ry Spring Pf
Remington Tyr
R Iron & Steel
Iron & St Pf
Sane Repab Motor T
Royal Dutch NY
Royal D NY Rets
St Jos
L&sf
Bangor, Me
Mexarko Mining Company
Same
Phelps-Dodge and
Chino
China
Phelps-Dodge
W. N. Withington & CO
State ST
HECLA
Divide
Breccia
John E. Allen & CO
Devonshire Street
Pittsburgh
Toronto
San Francisco
Salt Lake
Philadelphia
Kingwood Oil
George Leland & CO
Court Street
Fort Hill
Silver
Boston Copper News
Goston
Masa