Late trading lifts stocks after persistent short covering
Stocks showed sluggish start but improved later across most groups except rail, as short interests covered and several industrials and dividend-linked issues rose. Break in exchange and overseas remittances pressed some prices, while dominant players like Crucible, Republic Steel, Baldwin Locomotive and GM led gains amid mixed overall market action. Total volume reached about 11.75 million shares.
MENTIONED IN THIS ARTICLE
Mutea
London
Crucible
Republic Steels
Baldwin Locomotive
Mexican
Pan- American Petroleums
Texas Company
General Motors
Chandler
Studebaker
Liberty Bonds
Savings Bank Deposits Show Big Increase
Hartford bank figures for the three months ending January 1 show savings bank deposits rose by 12,512,120.41 and assets of state banks and trust companies by 9,073,695.71. The gains mark the largest ratio of increase in state assets for three months in history, with savings banks' total assets at 431,769,000 and trust companies and state banks at 177,940,000.
MENTIONED IN THIS ARTICLE
Hartford
Everett J. Sturges
Hart Schaffner and Marx Reports Record 1919 Profits
Chicago January 26 Hart Schaffner and Marx clothing firm reports its year ended November 30 1919 yielded the largest profits in its history with net earnings of 2200218 dollars. After preferred dividends and federal taxes the company earned 11 percent on its 15000000 dollar common stock up from 3 50 percent the prior year.
MENTIONED IN THIS ARTICLE
Chicago
Hart, Schaffner and Marx
Cubs
Corporation
Oil Stock Probe Leaves Torrington for Investigations
Major John N. Brooks departed for Kentucky Oklahoma and Kansas as special representative of the state banking commissioner to examine oil and mining properties owned by firms seeking permission to sell stock in the state.
MENTIONED IN THIS ARTICLE
Torrington
John N. Brooks
Kentucky
Oklahoma
Kansas
New York Dairy and Grain Markets Report
New York prices for butter and creamery products mixed to steady, receipts 2 715. bees, sugars, and flour also listed. Wheat and corn futures offered, spot quotes for No 2 red and No 2 yellow quoted, oats steady with No 1 white at 1 61 1 2.
MENTIONED IN THIS ARTICLE
New
York
Wcore
Ocore
Atate
Pennsylvania
Kansas
New York
Cotton market unsettled as talks of peace treaty weigh on prices
Cotton in New York was unsettled and generally lower amid chatter of a easing goods trade, prospects for early action on a peace treaty, and ongoing nerves over foreign exchange and money rates. General list closed steady with a net decline of five to twenty-one points. Port receipts totaled 27,680 bales and United States port stocks reached 1,425,563.
MENTIONED IN THIS ARTICLE
New York
British propaganda statement sparks debate in Argentina
In Buenos Aires on January 26 the British board of trade head Lord Ashfield claimed Britain would not supplant the United States in South American markets after the war. American consul general William Robertson countered that U S goods compete on price and quality, noting no vast postwar shift in Latin American trade. He argued the United States already held a large home market and had long-standing relations in the region.
MENTIONED IN THIS ARTICLE
Buenos Aires
Lord Ashfield of
Southwell
British Board of Trade
Wong
United States
South America
Argentina
Lord Ashfield
United States Chamber of Commerce
Willam HH. Robertson
Robertson
Great Britain
Germany
Liberty Bond Prices in New York on Jan 26
Final prices for Liberty bonds show 31-25 at 98.88, Tet 48 at 91.66, 2a 4s at 90.70, Ist 41-458 at 92.29, Wd 4t ds at 97.10, Qa 41-43 at 92.58, 4th 41-49 at 91.46, Victory 3 3-4a at 98.48, and Victory 4 8-45 at 99.40.
MENTIONED IN THIS ARTICLE
Borch Magneta
Seeat
Amer Tol & Ol
Gsena Baldwin Locomot
Ballinger & Ohio
Balt & Ghio
Butte
California
Canadian Pacific
Ichamneller
Chi Mil & St. Pawl
Chile
Col Fuel & Iron
Columbia Gas & el
Columbia Graph
THO General Motors
Ase
Eee AG
Goodrich
Hcat
Northern Pf
Inspiration
Inter Nickel
Asa
Asoe Inter Merc Mar News
Ged Inkier Merc Mot
Kennecott Copper
Weystone Tir & ER
Wackawanna Steel
Sane Ae Roy
Ate Oy Eee
Maxwell Motor
American Petroleum
Atree Eae
Idvale Steel
Middle States
wees +s
Missouri Pacific
See Bees
Ssouri Pacific Pt
HW. & Hart. Ae
Ohio Cities
Okla Prod & Ref
Ojis Steel
Saws S
Pan-Amer Pet & Ge
Republic Iron & Stones
Republic M
Royal Dutch of
NF Cetera
Sheffield
Southern Pacific
South'n Railway Pl
Studebaker
Tenn Gap & Chem
Texas Pacific
Texas Company Aeweaee
Union Ol
Union Pacifia
U & Food
Annes Vary
U & Steel
Utah
New York
Victory
Dress goods demand boosts future delivery in New York
Very large business was booked today on dress goods for future delivery. Dress goods and men s wear buyers did not press new business. Yarns were discussed with limited details.
MENTIONED IN THIS ARTICLE
New York
Realty Records and Related Deeds and Notices
Real estate transfers include quit claim deeds from John H B Borstelman to Otto F Burghart on Kent Avenue and from Hannah M Westland to Lilian M Brown on Oxford Street. Warranty deeds show transfers among Isadore Rossinoff, Lillian Brown, Frank Wilder, and others on Main Street, Park Drive, Hancock Avenue, and Fairfield Avenue. Mortgage deeds record trust company loans on Pembroke Street and Brothwell Street and several large sums. Other items include executors deed to Metropolitan Body Company, certificate of attachment in an Andrew Galabresse case, and notices of incorporation and organization for Cairns Funkie and Connecticut Auto Accessory Company.
MENTIONED IN THIS ARTICLE
John HB. Borstelman
Otto F. Burghart
Kent Avenue
Hannah M. Westland
Fairfield Avenue
Isadore Rossinoff
Lillian M. Brown
Frank L. Wilder
Barnum Avenue
Isador
Rossinoff
Main Street
Park Drive
Lilian Brown
Isador Rossinoff
Oxford Street
Benjamin A. Todfield
Ignatz Schwartz
Hans Schwartz
Points Co
Altieri
Rocco Mario Capomni
American Bank
Trust Company
Pembroke ‘Street
James A. Dellaca
City Savingsbank
Brothwell Street
Hani Schwartz
Schnee and Schnee, Incorporated
Hancock Avenue
Howard Avenue
Samuel W
Frank Lopereia
Andrew Galabresse
Cairns and Funkie, Incorporated
Henry J. Cairns
Frank G. Funkle
Hugh J. Lavery
Connecticut Auto Accessory Company, Incorporated
Maurice Schack
Wil I. Nichols
Charles I. Greens
Henry 8. Osborne
J. Massoni
James H. Solen
Arthur F. Connor
Farmers and workers seek two year government rail control
Washington Jan 26 Representatives of farmers associations and railroad employees urged Senate and House conferees to extend government operation of railroads beyond March 1 for two years. George P Hampton spoke for farmers, TH. B. Wills for engineers, William Coleman for labor, citing overtime waste and daily wages of 14 dollars.
MENTIONED IN THIS ARTICLE
Washington
Farmers’ Associations
Senate
House
George P. Hampton
Tte Farmers’ Mational Council
TH. B. Wills
The
Brotherhood of Locomotive Engineers
William Coleman
Wisconsin State Federation of Labor
Selma
Langner Property in Milford Changes Hands
The Gustave L. Langner property on Broad street Milford was transferred to David F. Webber, James Anderson and Frank D. Somers. The site includes Milford Hardware, Webber and Anderson bakery, and Milford haberdashery with a large tobacco house, bakery shop and other buildings. The deal is one of the largest recorded.
MENTIONED IN THIS ARTICLE
Milford
Gustave L. Langner
Broad Street
David F. Webber
James Anderson
Frank D. Somers
Milford, Hardware Company
Webber and Anderson Bakery
Milford Haberdashery
Corn Market Closes Steady as Supplies Improve
Cardico Jan 20 reports that corn supplies in three western sections grew, easing the market. Prices finished steady from Saturday, with May at 1.56 1/4, 1.35 3/8 for nearby, and 1.32 3/8 to 1 1/2 for futures, amid steady duty levels.
MENTIONED IN THIS ARTICLE
Cardico
Here
Also Mentioned on This Page
Harst, Schaffner & Marx
Major Brooks
Southwest
U. S
Drygoods
Pala
Scu
Congress
Langner
T. L. Watson & CO
John
Connecticut National Bank Cor
Main and Wall 'Sts
Bridgeport, Conn
State of
Connecticut
Richter & CO
Central Row
Frisbie & CO
Pearl Street
R. L. Day & CO
Boston
Estabrook & CO
Locomobile Company
J. A. Haines Co
Liberty Bi. M
Underwriters Investment Co
John &. Bridgeport Telephone Barnum
Automobile Production
Merrill, Lynch & Co
Broadway
Detroit
Los Angeles
Cleveland
Thes Martes
New York Stock Exchange
Sama
Department No. 18
Mordaunt & Hemmick
New York Stock Exchange Securities
Fifth Avenue
Cuba Cane Sugar Corporation
Guaranty Trust.company OF New York
B. Braga Rionda, Esq
Amwell
Messrs Cravath
Messrs. Sullivan & Cr. Henderson
J. & W. Seligman & Co
Hayden, Stone & Co
Halsey, Stuart & Co. Inc
Chicago ,New York