Industrial stocks weaken as rails resist drop in mixed market
Active trading on the New York and Boston exchanges showed irregular prices with Mexican Investment, Bigheart, and Carson Hill among the leaders. American Bosch Magneto cut to a new low amid auto industry retrenchment while United States Rubber faced financing rumors.
MENTIONED IN THIS ARTICLE
Am. Bosch
U. S
Kelly Springfield
Bigheart
Carson Hill
Maine Central
New River
Calumet & Hecla
Boston Stock Exchange
C. I. Worcester & Co
Worcester
American Bosch Magneto
New York Stock Exchange
American Bosch Magneto Corporation
Springfield
Gray & Davis
American Busch
United States Rubber
Wall Street
United Retail Candy Simms Petroleum Tonopah
Market Review Indicates Mixed Activity and Limited Gains
Over the past two weeks many roads show some improvement in dealings but the overall move remains speculative and fails to shift investment flows. Sales reached 9 75 000 shares with commerce lending cooling as mercantile activity slows. Bonds drift lower with Liberty issues retracing much of last week’s gains while UK 1937 issues stay firm to strong. total par value of bonds sold about 17 million.
MENTIONED IN THIS ARTICLE
United Kingdoms
U. S
Loew
Market still in liquidation as industrials lead decline
The Financial Editor notes heavy selling in industrials with rubber, motor and steel shares dropping two to seven points. U S Steel dips near three points while U S Rubber falls over seven. Rail stocks mostly hold, with Western Pacific and others gaining. The piece discusses liquidity, bank reserves, and cautious expectations as investors weigh further downside versus a potential bottom.
MENTIONED IN THIS ARTICLE
Bears
U. S. Steel
U. S
Bethlehem Steel
Chandler Motor
Bosch Magneto
Wool
Goodrich
Kelly- Springfield
International Paper
Western Pacific
St. Louis
San Francisco
Missouri Pacific
Pere Marquette
Where to Deposit Your Savings in Massachusetts Banks
Money deposited in Andover Savings Bank and other named institutions in Massachusetts earns interest starting on listed dates such as October 1 10 15 and 19 for savings and trust departments. The notice lists many banks including Boston Five Cents Savings Bank Charlestown Trust Co Commonwealth Trust Co Federal Trust Co Fidelity Trust Co Hub Trust Co South Boston Trust Co United States Trust Co Melrose Trust Somerville Trust and several national banks with respective October start dates.
MENTIONED IN THIS ARTICLE
Andover Savings Bank
Andover
Blackstone Savings Bank
Brighton Five Cents Savings Bank
Brookline Savings Bank
Hivings Bank
Boston
Melrose Savings Bank
Melrose
Five Cents Savings Bank
Columbus Savings Bank
Franklin Savings Bank
Home Savink
Charlestown Trust Co
Charles’n
Commonwealth Trust Co
Federal Trust Co
Fidelity Trust Co
Hub Trust Co
South Boston Trust Co
United States Trust Co
Melrose Trust Co
Somerville Trust Co
Boston Markets Brief On Oil Stock Fluctuations
A terse market note from Boston records Allied Oil with notable activity in the trading session. The clipping shows price bands and closing figures, highlighting fluctuations and daily ranges for the energy stock.
Also Mentioned on This Page
Boston Safe Deposit
Franklin St
Arch and
Devonshire Sts
New York
S. Steel
Talterations Products
United States Rubber Financing
United States
Kelly Springfield Tire Co
Seaman
Kelly Springfield Tire Company
Cumberland
Maxwell-Chalmers
Ganization
Maxwell and Chalmers
Eee Electric & Ae Sracturingompany
Hurley Machine Company
Tidal Gasolene Co
Tide Water Oil Company
Western Oil Corporation
Burkburnett
Westerfield
Retail Grocers’ Association
Will & Baumer
Chicago, Rock Island & Pacific
Chicago
Central Union Trust Company
Elgin National Watch Co
Superior Steel Corporation
Eastern Steamship Lines. Incorporated
Massachusetts
Federal Bank
Clearing House
Hotel Fort Montagu
Nassau Hotel and Steamship Company, Ltd
Nassau
N. P
Bahama
Jacksonville
Miami
Ior
The
Nassau Hotel and Steamship Co., Ltd
Cleveland
Toronto
Kirby Bldg
W.aaed Se
Foreign Exchange
Seasco
Murray Hill
Us Uy
Bosch
Balt & Ohio
Beth Motor
Protikotha Fane Aes
Brunswick Imp
But &Z Tenon
Butte
California
Ishan Min
Case J I of
Pasco
Cerro
C & Alton Wees
Ill
Ch & E
Pf Ct
Gt West
Chi
Mil & St P
M & Bt P
Chiri&p Tees
CCC & Stl
Col Fuel & Iron
Col & Southern
Columbia Columbia Graf
Cigar Corp
Gon Ny
del & Hi
Tex Ete Eee
G. & Davia
Gulf Mobile & N
Gulf States St’l
Houston Oi
Interboro
Hilvestr
Mer Marine
Island O & T
Mont-Ward
Biscuit
Central
Chi & St L
Norfolk West
Pacif
Beree
Financial Editor
New England
Federal Reserve
Yestaday
Tech Sane
St November
Moore & Schley
Te Pierce-Arrow
Pitts &Wit
R Iron & Broc. Stee
Iron & St Pf
Repab Motor T
Dutch NY
Taeee
L&as F
Uis
Bt Louis We
Beaboard A Lpf
Sinclair Oil
Renee
Bef Field
South Ie
Brudebaker
Utah
National Banks Boylston National Bank
Union Market Nat. Bank
Water
Allied Oil
Oil & Est
Eeee
Tel & Tel
Oolen
Tteseees
Atlas Tack Tenenee
Bos & Albany
Bos Wlev
Bos & Me
Cal & Arizona
Carson
Edison Electric
General Electric
Gerton-Pew
Eerseeces
Libby McN & L. F
Mason Valley
Ex Invest
Tel & Tae
New Haven
New River Com
North Butte
Old Colony
Pacific Mills
Cy Mining
T and van
Swift Int
Zlta Ventura
Zlta Ventura. 28 Waldorf
Waltham
Wickwi
West End
Wolverine
Teeeenne
Bos Wye Oil
Cushing Pete Pete
Ertel Oil Ware
Guffy Oil
Hudson Oil
Merritt Oil Marland Rf
Mexico Oil
Ohio Ranger
Omar O & G Teeter
Simma Pete
Southwest Oil
Victoria Newseeee
ABC Metals
Montana
Erene
Canada
Copper
Cash Boy Sence Dane
E Salvador Divide
Golden Gate
Ray Hercules
Rex Consolidated
Webenenee
Aris Silver
Tonopah Mining
Yerrington
Amer
Aris
Ariz Tip
Hwk. Arenas
Bos & Montana
New Ween
Gulfport
Ee Eeweene
Hecla
Oma
Imperial
Manhattan
Mutual
Repub Nav Co
Federal Trust Company
Devonshire and Water Sts
Aetna
Bkrs
Nor
Amer P & P
Eererrry Radio Corpu Pfd
Sweets Co
United A Gee Etter Enews TY
Uss&h
Allied
Middle States Oil
Middle States
G. F. Redmond & CO
State Guane
Fort Hill
NEW Convertibl
Co. P. Dow & CO. Cras. P. Dow, Pres. and Treas
State Street
Crucible Am. Tel
Tel. Am
Safety
Rai Davis-Daly Eastern Mfg
N. Y
Albert Sutcliffe & Co
Washington St
Orre, Vuvir
Heart Simms Pete Sinclair Oil
State Theatre Company
Douglas Flattery
Orpheum Theatre Building
Perkins
Southwestern Bell Telephone Company
Borough of
City of New York
Guaranty Trust Company of New York
Broadway
R. A. Nickerson
Guaranty Security Corporation
Investor & Trader
General Asphalt
Carib Syndicate
International Petroleum Tropical Oil
Boone Oil Cities Service
Big Heart Mexico Oil and Federal
Boston-Wyoming
Jones & Baker Specialists
Devonshire
McCall & Riley Company Incorporated Investment Securities
Broad St
Philadelphia
Marrisboro
H. H. Patten
Treas
Pemberton
Mass