Wall Street Opens With Bound After Tax Hints
Market gains trim early losses as Secretary McAdoo hints no tax increase this year and total tax bill under 6 billion. Optimism grows from business leaders while steel orders and European rehabilitation plans buoy outlook amid war-ending shifts. Cotton and Marine Preferred react to policy and deal postponements as volume shifts reflect a transitioning economy.
MENTIONED IN THIS ARTICLE
McAdoo
T Raders
Wall Street
Washington
War Industries Board
Europe
Germany
America
Marine Preferred
Our Boys Abroad Victory Fund Appeal
Wartime fundraiser urging readers to support the United War Work Fund for service members abroad. Appeals for donations to provide comfort and protection as the war effort continues.
MENTIONED IN THIS ARTICLE
United War Work Fund
War profits tax and market moves after war readjustment
The article notes expected fixes to the war profits tax and possible dividend windfalls for some firms while United States Steel faced excess tax reserves from last year. Bethlehem Steel signals continued shipbuilding, and copper and cotton markets rise amid broader price jumps as labor and readjustment concerns loom.
MENTIONED IN THIS ARTICLE
United States Steel
Bethlehem Steel
Fairbanks
Capital Issues Committee
Swift
New York
America
Kansas City Terminal Notes Offered At 6 Percent
The Continental and Commercial Trust & Savings Bank of Chicago and Halsey Stuart & Co. offer 9.85 million dollars of Kansas City Terminal Railway Company five year notes at 6 percent. The notes are secured by 18.783 million dollars of first mortgage 4 percent bonds and additional all-property mortgage security with intercompany cross indemnities among 12 railroads. Interest is tax deductible at the source.
MENTIONED IN THIS ARTICLE
Continental and Commercial Trust & Savings Bank of Chicago
Halsey, Stuart & Co
Kansas City Terminal Railway Company
Kansas City
Give! Give! Old New England War Fund Appeal
An elevated call to support the United War Work Fund urges readers in New England to donate, framing philanthropy as both privilege and duty. The item appears as a financial appeal within page 14 coverage.
MENTIONED IN THIS ARTICLE
Old New England
United War Work Fund
War Bonds Drive Urges Public Support for Troops
A stirring call to citizens to contribute to the national war bond effort in support of soldiers fighting abroad. The appeal emphasizes sacrifice and unity, urging immediate donations to sustain military manpower and resources.
Chicago Pneumatic Tool Bonds Sold
The Chicago Pneumatic Tool Company sold $8,250,000 of first mortgage 8 percent serial gold bonds at prices yielding 7.25 percent. The bonds are secured by a closed first mortgage on all real estate, plants, machinery and equipment. The company, allied with Bethlehem Steel, reports net tangible assets of $11,421,808 and pledges 125 percent asset coverage. Average earnings cover interest seven times for 191% and 3.5 times for the prior seven years. a sinking fund equal to 25 percent of net earnings will retire the bonds.
MENTIONED IN THIS ARTICLE
Chicago Pneumatic Tool Company
United States
Hornblower & Weeks
Elston & Co
Bethlehem Steel Corporation
Also Mentioned on This Page
Chicago
Central Trust Company OF Illinois
Elston & Company
South la Salle Street
Chicago, Ill
Marine
Boston
Steel
South America
Japan
Mexico
International Mercantile Marine Preferred
Loon
Syoiluia
Wyoming
At & Cents
Denver
Exchange St
Ylwood Kunnudy
Treasurog
First National Bank of Boston
Banking House
National Bank
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Argentina
Alaska-Juneau
Allie-Chalmers
Hide & Ee
Inter Corp
Sumatra
Atchison
Atl
G & WI
Baldwin Loco
Dineville
Barrett Co
Batopilas
Beth Steel A
Beth Steel
Beth
Burns Bros
Butterick Co
Butte C & Zinc
Can Pali
Teeaee Iy
Cerro de Pasco
Tireee
Chea & Ohio
Suett Peabody
Col Gas & Elec
Col Fuel & I
Col & Southern
Gore Steel Oebee
del L & West
Denver & RG
Gaston W & W
Gen Motors Serene
Nor
Nor Oreulf
Lee Rubber
Lehigh Valley
Nat Enam & Ad i
Nevada
Not&m
Nor & Western
Ohio Cities
Pan-Am Pet
Peoples Gasserie
Pullman
Santa Fe
Shannon
Brite & Co
Uni Fruit
United Shoe
Utah
Ventura Theese
Walworth Mfg
West End of Totes
Ray Ng
En ‘& Sti
I & Stl Pf
Royal Dutch
Saxon Motor
St L& SF
Sl&s F
Seaboard
Sinclair Oil
UN Ci
U S Steel
U 8
Utah Copper
Pate Gee
An & Monians
Wabash
Teaee
Jerome ‘Bt
West Pac
Seweee
Pion New
West Md
Western Union
Wests House
Wheel Erie
First National
Willys-Overliya-Ov
Wilson
NET
United Verde
N. Y
Condf
Arizona
Bost & Ane
Let
Bost
Bost & Maine Senee
Boa & Maine
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Cal & Hecla
Elec of
Sane
Col Sheer
NETS
New Haven
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Old Dominion
Boston Stocks Bonds
Chicago Pneumatic Tool
To Financial
Boston Post
The
Sunday Post
Frank Place
David I
Walsh
Boston Sunday Post
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