Market Rebounds Amid High Call Money Turmoil
The report shows New York total sales at 1 487 300 shares and Boston 47 082. U S Steel leads New York activity with 109 700 shares and Gray & Davis tops Boston with 9 157 shares. From Jan 1 1919 to date New York sold 255 255 250 shares and Boston 7 921 257. Year ago New York 113 077 068 and Boston 2 818 115 shares. Call money spiked from 7 percent to 16 percent by 2 30 p m then eased to 6 percent at close, stirring prices in high call sectors especially steel while motors advanced with little warning.
MENTIONED IN THIS ARTICLE
New York
Boston
U. S. Steel
Gray & Davis
Parish & Bingham
United States
Edison Electric
Todd Shipyards
Hendee
Market gains as GM and others hit new records
Prices rose broadly with General Motors up to 3 percent and a two day gain equating to 300 dollars per share old stock. Republic Iron & Steel topped gains, Endicott Johnson hit a record, and steel stocks moved on expected 1920 demand, while firms like Pierce Arrow and Massachusetts Oil Refining reported earnings and dividends.
MENTIONED IN THIS ARTICLE
General Motors
Studebaker
Republic Iron & Steel
Lackawanna Steel
Endicott-Johnson
Punta Alegre
American Hide & Teather
American Hide & Leather
Massachusetts Oil Refining Company, Inc
East Braintree
Weymouth-Fore River
Fore River
Bethlehem Shipbuilding Corporation
Massachusetts Oil Refining Company Inc
A. B. Leach & Co
Massachusetts
Pierce Arrow Motor Car
Money Market Rates Snapshot
Current prices show brokers' customers' loans at 6 percent and outside brokers' call loans at 6 percent. Commercial loans, individual collateral loans, and brokered commercial loans all at 6 percent with commercial paper ranging from 5 to 6 percent.
Financial Editor's Notes On Market Moves Amid Coal Talks
The piece discusses stock market resilience after a coal strike threat, noting President Roosevelt's stance as bullish. It warns about poor market executions and spreads set by specialists, explains call money risk, and cites high loan levels at major firms. It ends with a cautious hope that money demand peaks as harvest season ends.
MENTIONED IN THIS ARTICLE
Wall Street
Punta Alegre
Oo 7
Also Mentioned on This Page
Kidder, Peabody & Co
Wall St
Devonshire St. Boston
Steel
Pierce Arrow
Parker Building
Devonshire Street
Fort Hill
Winslow Taylor & CO
Consolidated Stock Exchange of New York
South Fifteenth Street
Union League
Philadelphia
Defoe Eustice Co., Inc
Astus
W. L. Jarvis & Co
State Street
Consolidated Silvers, Inc
Arizona Silver Mines CO
Leonard, Chandler & Depp, Inc
Kilby Street
Hornblower & Weeks
New York Providence
Congress St
Chicago
Detroit
Portland
Whitney & Elwell
Steel’s Quarterly Report
Steel Corporation
Steel Common
Gary and Schwab
Amer
Hide & Leather Earnings
Pierce Arrow Earnings
United Verde Extension
United Verde Extension Mining Company
Verde Extension
National Acme Co
National Acme
the Securities
Dunham Eg Investment Securities
Exchange Place
New
Missouri River
William Ramsdell
Milk Street
Boston Curb Exchange
Stree
Point Point
Ewes Ug Ov
Corpo Reed
High Point
Low Point
Money Market
G.F. Redmond& Coo
F. T. Clee & CO
State St
Worthington Bldg
Springfield
Financial Editor's Notes
Washington
America
Inspiration
Coca-Cola
Anaconda
Chile
Davis Daly
U. S. Smelting
Baldwin Can. Pacific Am. Te .Ff
St. Paul
Mex
Pete Studebaker
Butte Superior
BUY Verde Mines
Cascade Seven Metals
Imperial
Hecla
Ryan Oil First Nat'l Canada- Mexican Perfection
the Homa Oil
Nipissing Bay
Hercules Kerr Lake
Sup
Texana
N. Y
Eureka
Croesus
Calta Ae
First National Bank
Buenos Aires
Argentina
Rumely Pf
Ajax
Bosch
Hide & L
Mdiae
Ship & Com
Gm & Repl Teeypeace
St Foundry
Sumatra
Tel & Tel
Atch T
Wee An
Alt & Ohio
Barnett
Beth Steel B
Chio
Chie & Aston Reser
Chi & “West
Chi Mil & &T
M & Bt P
Chi Pneu T Anh
PM & O
Oeeee
COC& Bt Eee
Erie
Fairbanks
Fisher B
Fisk Rubber
Freeport
Int Ag Corp
Denbigh
Georgetown
Colorado
Courts of
Silver King
Leadville
Idaho
Henry F. Wells
E. M. Fuller & Co
Consolidated Stock Exch
Broad Street
Hudson Oilco
Hudson Oil Company
Hudson Oil CO
Broadway
Rector
Long Horn Qi Co
Atock
Clark & Curtiss
Exchange St
J. J. Fitzgerald & Co
Allied Oil
A. F. Dow & CO
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