Dull Stock Market Bores Traders in 1920
Wall Street saw a listless session with little price movement and sparse trading, as professionals waited for clearer signals from railroads, conventions, and the broader economy. Gains and losses were muted, with several leading issues showing only minor shifts amid a cautious mood.
Amer Tobacco Buys Interest in Norfolk Southern
Ameri can Tobacco Company has purchased a substantial cash stake and an option on a majority of Norfolk Southern Railroad capital stock at 47 a share. Ernest Williams elected vice president leads new interests, with connections expected to boost traffic and dividends.
MENTIONED IN THIS ARTICLE
American Tobacco Company
Norfolk Southern Railroad
Ernest Williams
Durban
Columbua
Aront Mis
Uy & Fay
Hud
John L. Roner Lumber Company
Norfolk Southern
Railr
OW Ghee
Williams
Marsden J. Perry
Cilin’ Xiijig Tee
Richard Hlan Atte
Swartwout
Josaph H
Ccinlal Pinancs
Tune
Young
H. D. Kyle
Gop Jn
Ite
M. S
Probe
Garp Ca
Hawkins
Inman Mills
M. Manly
Alvin W. Krech
Swartwonte
Perry
Luke V. Lockwood
Mr. Young
Frederic Bull
Philip Allen
John
T. Terry
Lewis L. Clarke
American Exchange
Hg National Bante
Iain Tne
Norfolk
Ralaigh
Heaufort
Charlotte
Durham
Aria Nada
Corn Exchange Bank
Plana
Baees Corn Exchange Bank
Toe Pt Oie Sf
Tesag Iter
Wesman Hrufon
Ae AO Plocesars II
Money and Credit Markets Drift After Rate Shifts
Call money renewed yesterday at a high rate then eased to 1 percent as banks offered more. The market notes expected changes from the new Reserve Bank discount rates, while time money remained dull with limited offerings. Bond and stock prices across listed issues show mixed movements amid shifting foreign exchange levels and ongoing interbank activity.
MENTIONED IN THIS ARTICLE
New York Tribuns Inc
Livy
Bick Lew
Wall Street
Exchange
Chee
Hue
Ask
Texas Company
Alaska Gold Mines
Alaska Juneau
Texas & Pacific
Am Agr
Pia
Asa
Union Oi
Union Pacific
Am Car & Foundry
Am Car & Fury
American Express
Ind
Amer Int Corp
Amer Locomotive S Sme & Ker
Amer Sugar PLC
Steleaieay
Boy Nicely
Cena
Elei
Loco Co Pt Tex
Pune
Tee
Sol Ory Pump & My
Gite
Repub
Balt & Ohio
Lethleheny Stowensteae Ee Eat Financial District
Bath Steel
Chi Seene Bolie
Malte & Sun
Betraleum
Galumet & Arivons
Canadian Pacific
Certainteed Corp
Chandler Motors
Sova Ee
Etnias
Fa — Chic & East I Pf
Profes
Chie Gt Western
M & St
RTA
Tata
Studebaker
China
Coca
Columbia Graph
Col Gay & Electric
Mahoning Valley
Steel Works
Chicago
Hothlehem
Lackawanna
Republic Tren and Steel
Baldwin Locomotive Reading
Union Pacific Equipment Trust
Hyde
Ow York
Treasury
United States
Canadian Exchange
New York
Montreal
Fear Tax on Dividends Rejects Stock Increase
Shareholders of the Youngstown Sheet Tube Company at a special meeting yesterday rejected the proposition to raise stock from 20 million to 100 million dollars. The move was seen as a first step toward a large stock dividend in a period of proposed taxed stock dividends. The outcome was undecided on any future action.
MENTIONED IN THIS ARTICLE
Stockholhers
Youngstown Sheet Tube Company
Hun
Tony
London
Grewal Et
Bee Teanwing Co
Sen Lway Pte
Theo
Cima No Rypty
Tatea
Ee Sane
Lisbon
Quincy Mining Defers Dividends After Copper Drop
The Quincy Mining Company defers its regular quarterly dividend due to low copper prices and weak first quarter earnings. At the annual meeting J F Morse was elected a director replacing J M Longyear, who resigned, with other directors and officers reelected.
MENTIONED IN THIS ARTICLE
Quincy
Quincy Mining Company
J. F. Morse
J. M. Longyear
Wall Street Sequel Expected In Ryan Stock Seat Sale
Developments surrounding Allan A. Ryan's request to sell his Stock Exchange seat point to an official announcement soon. Exchanges and counsel indicate substantial correspondence and imminent action linked to the Stutz Motor corner and related private settlement.
MENTIONED IN THIS ARTICLE
Stutz Corner
Allan A. Ryan
Stock Exchange
Mr. Ryan
Exchange
Stutz
Ryan
Motor Car Company
Also Mentioned on This Page
Mackay&co
New York Stock Exchange
Our Market Letter
Shonnard
Mills & CO
N. Y. Stock Exchange
Broadway, N. Y
Cities Service Co
Henry L. Doherty & Company Bond Department
Colgate, Parker & Co
Wall Street, New York
Standard Oil
Carsh. Pforzheimer & CO
Amer. Tobacco Co
Money and Credit
Consolidated Gay
Con Textile
Coden & Case
Agig Crucible Steel
Cuba-Amer
Cuba
Denver & Rin Gr
Detroit United RR
Elk Horn Coal
Elk Morn Coal
Endicott Johnson
Endicott-Johnson
Erin. Seeens Big
Erte
Famous Mayers
Farious Players
Freeport Texas
General Cigar
Aa Gen Electric Co
Thala General Motors
Gen Motors
Gondrich
Editch
Gt North
Maskell & Market Car
Inspiration Conner
Harvester
Mer Marine
Nike
Ladinhams
Kennecott Copper
Keystone
Lackawanna Steel
Lehigh Valley
Loews, Inc
Loft Candys
Lorillard
Ovis & Nashville
Mackay Cow Pf
Manhattan
Moy Kans & Terwn
Mo. Kans & Ter Pf
Missouri Facile
Missouri Pacific Pf
Mon Ward & Co
Tional Biscuit
Nat
New York Central
Nynhail
Nunnally Asses
Norfolk & Western
North American Bud
Northern Pacific
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Great Northern Chesapeake & Onto
Gan & Elec
Masagh
Yenterday
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Roar
Cleve
Cinn
Chicago & St. Louis
Pan-Amer
Apall Mraem
Apel
Tne Basing Cablon
Neaseon
Isa
Great Western
Ah Anawha
M Furnes
Kansas City Southern Republic Railway & Light Co
RAE
Pullman Co
Citta Aeons
Boez
Fonds
Lluiutter
Chicago & Alton
St. Paul
Minneanotla
Omawaden
Ehweka
Gyamand
Dita Aya
Akey Tree & Steel
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Pols
Bray
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Norway
Saxon Motors
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St Joseph Lend
Virginian Railway
Chicago & Eastern Ilinois
St Jon
St. Monty
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Sislett
Pan
Yen
Elie Wheen
Calles Hla
Iba
ASI Klint
NM Uti Tax Vibious
Sunil Prvi Golgiett
Scheidamuin
MBO Stromberg
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Slovakia
Paris
Bource
Exchinge
Kuhn, Loeb & Co
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Philadelphia
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Sis
American Ixht
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Bv Hove
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Nyer
Common Council of
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Tegana
Th Tsene
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Gray & Davis, Inc
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Financial
NMONE
Jones & Co
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4Suea
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Broad Street, New York
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cincaGo Meihers
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Avrieer Howianoixtem F
Broadway
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Fetah Avenue
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NEW
Rock Island
and Pacific Railway
Dexoréptva Csrontar Om
Chandler Bros. & Co
Montero N.Y
Stock Brohange
Pine Street
Prin
H. D. Robbins & Co
Henry Clews & CO
N.Y. Stork Jachabl
Broad St
N.Y
Tndustel Np Nouckt
Yiylom Sanat