American Telephone stock issues record septuagenary offering
New York August 24 The directors of American Telephone and Telegraph announce a rights offering to stockholders of record September next to subscribe to about 125 million dollars of new stock at par with installments over eight months. Initial payment due November 1 and March 1 1923, with interest credited and dividends outlined. Sale of other issues noted with preferred stock to employees and large oversubscriptions.
MENTIONED IN THIS ARTICLE
New York
Americam Telephone & Telseraph Company
Oliow
Bhoss Fndnancial Ciretes
H.R. Thayer
Bell System
Stork
Spa
Siay
Dow
Lnterest Ton
New York Telephone Company
Jocal
American Telephone & Telegraph Company
Igh
Maron
List of Officers Placed on File by Cutlery Company
Incorporator of the Temungton Cutlery Works Inc filed with the Secretary of State at Hartford a list of officers and stockholders. Relerson, Migsett, Betts, Bingham, Many, and Burn Ann named as officers. Stockholders include C Tt. B. and William B. Stitt of New York and Remington Arms Co. Inc. with substantial shares. Company originally capitalized at 210,000 later increased to 1,500,000.
MENTIONED IN THIS ARTICLE
Temungton Cutlery Works, Inc
Iate
Hartford
Co. L. Relerson
Sean Migsett
S. Betts
George Bingham
C. W
Relerson
Bette
Burn- Ann
New York City
Secretary of State
C. Tt. B. Pret
New York
wWilliam B. Stitt
Sarea
Ver
Remington, Arms &2., Inc
Market Update In Oil Stocks On New York Exchange
Trading interest surged in Standard Oil and related oils on the New York Curb market. Stocks fluctuated with Standard Oil of New York down about 10 points from recent highs while other oils like Anglo American and Mountain Producers showed resilience. Issuers such as Maracaibo and Cities Service attracted orders, and a $2 a share dividend was announced for Dudleyville Rate preferred stock. Bonds were steady as prices shifted little.
MENTIONED IN THIS ARTICLE
New York
Standard of
Indiana
Kentucky
New England
Maraccaibo
Sinc
Glen Alden Coal
Ieiling
Mesabi
Iran
Vind International Rubber and International
Srmer
Service Preferred
Dudbiller Rale Preferred
New York City
Wnet
Public Service Commission
New,York Stock Exchange
Wheat Prices Fluctuate Amid Mixed U S Grain Trade
In Chicago on August 24 wheat prices moved within a narrow range with an early dip tied to foreign exchange. Prices then rose on short covering and buying, finishing higher by about 8 length with substantial gains in September and December contracts. Corn, oats, and provisions also moved, with corn fluctuating and oats steady. Embargo news from India affected selling toward the close, while oats were flat to higher and provisions rose on Liverpool cables and corn-led strength.
MENTIONED IN THIS ARTICLE
Chicago
India
Maport
Aixceen
Whear
Liverpool
Traction and railroad mortgage bonds lead mixed market
New York August 24 interest in today’s irregular bond market centered on railroad mortgages and local traction issues. International and Grant Northern 5s rose to new highs for the year amid demand, while others slipped 1 to 2 points. American Telephone and Telegraph plans a $115.9 million common stock issue as municipal issues appear. total par value sales reach $15.203 million.
MENTIONED IN THIS ARTICLE
New York
Internatione
Grant Northern 5
Ey Agring
Northern Pacific
Jhatne
St. Paul's
Seaboard Air Line
Kats
Interborough
Manhattan 4
Paris Exchange
Quéens- Jung
Copenhagen 5
American Telephone and Telegraph Company
Norwalk Bank Charter Change Pending Final Steps
Norwalks Fairfield County National Bank plans to liquidate and reincorporate as a bank and trust company under a Connecticut charter, awaiting a stated period deadline in September after approval by the state Bank Commissioner. Industrial notes report rising factory employment, copper exports, and corporate incorporations in the region with several new firms and authorized capital stocks filed.
MENTIONED IN THIS ARTICLE
Norwalk
Fairfield County National Bank of Norwalk
National Bank
Bank and Trust Company
Connecticut
Oatobay
Commodity prices and exchange data from New York markets
New York prices for staple commodities and market quotes are listed with daily figures. The report notes oats, coffee, sugar, lard, and beef prices, plus bid, ask, and last trade levels, reflecting August trading activity.
Stock Market Irregular With General Support Prevailing
Irregular activity marked today’s stock market session in New York as traders weighed overnight developments and carrier shares. Despite early declines, strong support emerged, lifting Northern Pacific and U S Steel, while shipping stocks faced heavy liquidation. Inter Oceanic issues and major names like American Telephone moved on earnings news, with mixed results and thin overall volumes.
MENTIONED IN THIS ARTICLE
New York
Pactic
Montana
Raw Wool Imports into U S Drop Twenty Percent
The United States imports of raw wool average 41 million pounds monthly, down about 20 percent from last year. Total 1922 imports reach 250,840,752 pounds, with clothing and carpet varieties rising in 1922 while combing waxes and carpet show gains and domestic costs rise.
MENTIONED IN THIS ARTICLE
U.S
P. C
Ralpie Couch
Scienca Service
Washington
Aur
United States
Congress
Republican Party
Uitte Pali Optical
Utep
Agrle Ewutture
Local produce market reports August 1922 conditions
Market notes show liberal supplies of most native vegetables with firm tone overall. Prices for corn tomatoes cabbage onions and potatoes varied slightly higher than earlier in the week while peppers berries and dairy products showed mixed demand and regional price shifts.
MENTIONED IN THIS ARTICLE
Board of Adriculture
Malemann
Foreign exchange falls to new low in German marks
The market report notes German marks sinking to an unprecedented low around four to the dollar, down from yesterday's six percent. French francs weakened further while European currencies show varied movement. The overall tone reflects widespread currency depreciation amid unsettled conditions.
Metal Market New York Copper and Iron Steady Prices
Copper and iron show little movement in New York trading with electrolytic spot and futures steady. Zinc remains steady with nearby delivery around 6.30 to 6.58, antimony prices near 32.25, and market notes across East St. Louis with limited changes.
MENTIONED IN THIS ARTICLE
New York
St.Louis
Agat Bsba
New York Reserve Bank Statement of Aug 23
New York Aug 24 The statement of conditions of the Federal Reserve Bank of New York at close of business Aug 23 shows total gold reserves 1 129 878 035 47 total reserves 1 165 630 578 67 bills discounted against government obligations for members 28 482 185 21 all others 15 362 061 40 bills bought in open market 49 480 766 23 total bills on hand 87 281 007 23 total earning assets 237 423 763 20 uncollected items 119 392 480 20 due to members reserve account 700 521 889 22 total deposits 734 110 998 17 Fed notes in actual circulation 609 455 916 00 ratio of total reserves to deposits and Fed notes combined 80 7 percent.
MENTIONED IN THIS ARTICLE
New York
Federal
Meserva Bank of New York
Billa
FB. R
F. R
New York Butter Market Prices and Trends
New York August 24 Butter market firm with creamery extras at 18 to 32 cents. Fresh eggs at 24 to 26 cents. Cheese market active with high grades near 14 to 24 cents. Nearby white and brown eggs quoted around 3 to 34 cents.
MENTIONED IN THIS ARTICLE
New York
Market
Rae
Fancy Young Americas Egps
Market Iim
Brown
Fancy
Lextra
Niratg
Pilgrims Journey To Tomb Of Japanese Martyr
In Tokio on August 24 pilgrims, mainly laborers, gathered at a tomb to honor Tomegaro Fuilto, who sought admittance to petition the emperor over grievances of his people. He reportedly ended his life there, and pilgrims have paid substantial sums for a memorial to the martyr.
MENTIONED IN THIS ARTICLE
Tokio
Tomegaro Fuilto
Mecca
Marty
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Germany
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