Stock market shows nervous, erratic day with steel strike anxieties
New York and Boston trading opened with volatility as investors weighed steel strike risks and labor talks. American Locomotive jumped over 9 points amid a broad rally after Schwab's bullish outlook. Root & Vandervoort led gains in Boston while Punta Alegre Sugar announced dividends and a rights issue to fund mill expansion.
MENTIONED IN THIS ARTICLE
New York
Boston
American Locomotive
Root and van Dervoort
Gompers
Labor
Capital
Chicago
Courge
Pittsburg
Tighe
Amalgamated Association of Iron, Steel and Tin Workers
Wilson
Washington
Charles M. Schwab
Root & Vandervoort
Punta Alegre
American Agricultural Chemical
Punta Alegre Sugar Company
Andrew Carnegie
J. P. Morgan
Old Colony Woolen Mills Declares Dividends
The Old Colony Woolen Mills Company declares a 13-4 percent preferred stock dividend and a 2 percent common stock dividend for the quarter, payable October 1, 1919, to stockholders of record September 23, 1919.
MENTIONED IN THIS ARTICLE
Old Colony Woolen Mills Company
Robert W. Atkins
American Trust Company
Thomas E. Eaton
Boston
Mass
Ee Sop
Island Creek Coal Company
Island Creek Coa Company
F. W. Batchelder
Island Creekoa! Company
NEW England Telephone and Telegraph Company
John Balch
Pond Creek Coal Company
Iq Pave
New York Stocks Slide As Trading Damps Market Pulse
A crowded list of stocks shows mixed movement with Allis-Chalmers shares, Am Algamated and Par value notes, and major industrials like Erie, General Electric, and United States Steel trading unevenly. Investors weigh steel, copper, and oil names amid shifting prices and volume across exchanges.
MENTIONED IN THIS ARTICLE
Bir & Atl
Balan
Callahan
Calumet & Ar
Cerro de Pasco
Erie
Goodrich
Greene
Brunswick
Butte & Super
Chandler
Western
C West
Chm & St
Chi & N’west
den & Rio
Igar
Jones Bronce
Kan City
Kelly Tire
Kelly Tire Pf
Kelsey Wheel
Kennecott
Keystone Tie
Vente
Lack Steel
Lehigh Valley
Liggett & My
Liggett & M m
Lorillard
Man Shirt
Maxwell Motor
Max Motor Pt
Mexican Pet
Miami Copper
Midvale Steel
Missouri K & T
Mo Kan & T Pt
Money Market Current Loan and Paper Rates
Current prices show brokers' customers' loans at 6 percent. Outside brokers' call loans at 6 percent. Customers' commercial loans at 6 percent. Individual customers' collateral loans at 6 percent. Commercial paper ranges from 5 44 to 6 percent.
Financial Editor's Notes on high cost of living and oil market
The piece cites Charles N Fowler's five reasons for high living costs including currency inflation of 25 to 50 percent. It notes oil stocks rising, oil demand, and auto fuel use. It discusses Baldwin Locomotive, Stromberg Carburetor trading errors, and market practices with market orders and tape delays.
MENTIONED IN THIS ARTICLE
Charles N. Fowler
Federal Reserve Act
Committee On Banking and Currency
House
Rapid-fire stock transactions press reporters to wire operators
Reporters gather transactions for nationwide flashing to brokers but fast sessions flood the system. Tape lateness of one minute hinders traders as prices move swiftly and missing a price by a fraction leads to watching the stock rise eight or ten points in a day.
MENTIONED IN THIS ARTICLE
Commission
Stromberg
Also Mentioned on This Page
Letters of Credit
Kidder, Peabody & Co
Devonshire St
Wall St
Baring Brothers & Co., Ltd
London
Schwab
Baldwin
Bethlehem Steel
Crucible
Car & Foundry
Bethlehem
Republic
Wall Street
Bethlehem Steel Corporation
Gary
United States
America
H. C. Frick
Hornblower & Weeks
Congress St
New York Providence
Detroit
Portland
Missouri Pac
Mont Power
Peer Acme
Nat Aniline
Nat Aniline Pf
Nat Conduit
Nat Enam & St
Nat Lead
Norfolk & Wes
No Pacific
Nova Sco Steel
Ohio Cities Gas
Ins
Okla Pro & Re
Public Servor
St Jos
St L& SF
Seaboard Air L
Shattuck-Air
Sinclair Oil
Sloss
Sheffield
South Pacific
Top South Railway
South Wan
Spo
Ontario
Pere Marquette
Philadelphia Co
Pierce Arrow
Punta
St Spring
Tran & Wilms
Union Pacific
Union Pac Pf
Allo
United Cite Koe
UN Steel Pf
Willys O'land
Wilson Co
New Nowata Well NO
Texcalokan Oil Gas Company
F. L. Sawyer
Rome Lease
Nowata County
Oklahoma
Nowata
Donita
Rome
Texcalokan
Kansas
California
Elk City, Kansas
Peru
Elk City
Texcaloran
C. G. Galbo & CO
Standard and Independent Oil Specialists
State Street
Richmond
Philadelphia
Widener
International Oil Investor
Newland
Money Market
Artial
Bos.montana
Eureka-Croesus
Crucible Baldwin Can
Pacif' Am
Sugar B. R. T. St. Paul
Gen. Motors
Gen
Pete Studebaker
U. S. Steel Butte Supe
Imperial Crystal
Texas Ranger
Nat'l Gulfport
Pete
Wye
Nipissing
McKinley
Kerr Lake Ranger Oil Cascade Silver
OUR
N. Y
Denbigh
Albert Sutcliffe & Co
State St
The
Wall Street Journal
Financial Editor
Baldwin Locomotive
Stock Exchange
Texas Crude Refining
Monarch
Seld
Sue
Ranger
Exas Crude
EXAS
Texas Crude Syndicate
Texas Crude Oil & Refining
610 Main St
Fort Worth
Texas
AM. Tel
TEL
Swift & CO
SO. Pacific
A. F. Dow & CO
Punta Alegre Sugar Co
Ston & Albany Railroad
Bo Company
Boston & Alban Railroad Company
Boston Terminal
Frank H. Ratcliffe
Frank H
Aerk
Boston Stocks
Adg & WI
Miss Power
Pan al
Ahmeek
Alaska
Wooten
Arizona
Art Met Cong.ress
Bigheart
Atlg & WI Pf
Bost & Mesheeee
Butte-Ballak
Cal & Ariz
Vt Ar
Cal & Hela
Esene
Carson Hill
Cone & Mel
Daly-West Bereees
Davis-Daly
East Bos
It Butte
East
Edison Eleo
of Peeves
Fitchburg Vf. En Flec
Gorton Pew
Pile
Gray & Davis Weece
G& Rts
Helvetia
Island Oil
Isle Royae
Hapgood
Bat Masterson
Texas Panhandle
Giant
Giant Oil Company
Panhandle
Burkburnett
Leavitt Brokerage CO
Famous Bldg
Imperial
Papa
Imp
Mama
Virginia
Shades
Daddy
Trinity
Imple
Doane
H. F. Wells & Co
Court Square
Wyoming
Illinois Oil & Shale Co
Clark & Curtiss
Exchange St
S. Arthur Eastburn
Liberty Bldg
Phila
First National Bank
Buenos Aires
Argentina
New York Central
E. M. Hamlin & Company
Chicago Board of Trade
Shearson, Hammill & Co
W. J. Wollman & Co
Laidlaw & Co
BP-5
E. M. Fuller & Co
Consolidated Stock Exch
Broad Street
Mays
Merchants National Bank of Boston
Robert W.atkins
Saime
G. F. Redmond & CO. Inc
Fort Hill
Chinute
Boston Oil
Chinute-Boston Oil Co
Milk St
Louisiana
Guaranty Security Corporation