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Friday, April 11, 2025

Value of Shares in Local Mills Has Dropped, April 12, 1925

Continued Recession in Mill Shares

With a 56-point loss in the average of 25 active ?? stocks as released by R.S. Dickson & Company, Gastonia, Goldsboro, Greenville and New York City, the average for this week now stands at $118.08 against $118.64 for last week. With lower levels reached in certain stocks, considerable interest was shown in them, which resulted in small sales.

The present average is lower than it has been since pre-war days, $119.34 being the low average for 1924 and $113.32 for 1923.

In the general list there were small declines in bid prices of $1 to $4 per share, Duncan, Sterling, Stoe were down $1; Woodside $2; Clifton, Converse, Hollohon and Poinsett $3; and American Spinning $4, while the following advances took place: Acme, Marlboro, Monarch and Orr, $1; Judson $2; Mansfield and Rowan $4.

From page 6 of The Goldsboro News, April 12, 1925

newspapers.digitalnc.org/lccn/sn93064755/1925-04-12/ed-1/seq-6/#words=APRIL+12+%2C1925

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