Apathy Rules Dull Wall Street Market In Feb Trade
New York trading opens with fresh de moralization in foreign exchange and high call loans, while time money remains scarce. Early activity fades to apathy as investors weigh peace treaty risks and rail stocks show moderate strength. Banks report mixed results, U S Steel and other leaders fall to low quotes amid high call money. Total sales around 19.8 million, with Liberty and Victory bonds steady.
MENTIONED IN THIS ARTICLE
New York
Viscount Grey
United States Steel
Swiss Clock Industry Faces a Catastrophe Moratorium Proposed
Berne reports urgent government action is needed to rescue the Swiss clocks and watches industry from an inevitable catastrophe caused by unfavorable exchange rates. The Swiss Commerce and Industry congress heard that not only timepiece makers but all trades suffer, and a moratorium for firms in crisis was proposed due to exchange difficulties.
MENTIONED IN THIS ARTICLE
Berne
Swiss Commerce and Industry Congress
Economic conference near London plans informal talks
London Feb 2 An informal conference on the economic situation is planned between Austen Chamberlain and financial and commercial experts. A tentative date may be set for next Thursday with invitees including Viscount Bryce former ambassador Asquith Reginald McKenna Baron Inchcape Sir Robert Kindersley Sir Donald MacLean J. J. Thomas Walter Leaf and Lord Robert Cecil.
MENTIONED IN THIS ARTICLE
London
Austen Chamberlain
Exchequer
Viscount Bryce
United States
Asquith
Reginald McKenna
The
Baron Inchcape
Institute of Bankers
Robert Kindersley
War Savings Commission
Donald MacLean
J. J. Thomas
Labor Jeader
Walter
Leaf
Tondon County, Westminister and Paris Bank
Lord Robert Cecil
Cotton market steady on covering and trade buying
Cotton in New York rose early on cover and trade buying as May moved from 33.78 to 34.23 before closing at 34.14, with a barely steady overall gain of 62 points. Trade activity faded after the first half hour amid weak foreign exchange, but southeastern mills and southwestern buyers helped absorb selling. port receipts reached 22,882 and U S port stocks totaled 1,389,161 for the season, with 3,803,625 in all ports so far.
MENTIONED IN THIS ARTICLE
New York
San
Wall Street
Liverpool
United States
Tixports
Shipman Dies at Summit After Short Illness
Frederick H. Shipman, treasurer of the New York Life Insurance Company, died at his Summit New Jersey home after a brief illness. The efforts and positions held by Shipman were noted in local obituaries.
MENTIONED IN THIS ARTICLE
F. B. Shipman
Summit
N. J
Frederick H. Shipman
New -York Life Insurance Company
Coffee futures drift lower amid Rio offerings and FX weakness
New York wholesale coffee markets opened higher on May as traders covered some positions but demand waned, sending futures into a sharp mid day decline. May settled near 14.70 with a 52 point drop from the session high, other months also lower. Spot Rio and Santos quotes edged down while port receipts reached 17,000 in July and 8,000 in June.
MENTIONED IN THIS ARTICLE
New York
Rio
Tuby
Santos
Port Receipts
Jundiaby
Hetty Green Estate Tax Receipt Recorded in Vermont
The Vermont state treasurer’s office acknowledged receipt of 52906 dollars from the probate court in settlement of Hetty R. Green’s estate, late of New York and Bellows Falls. This amount excludes 5000 dollars recently paid as inheritance tax.
MENTIONED IN THIS ARTICLE
Montpelier
Hetty R. Green
New York
Bellows Falls
Liberty Bond Prices in New York Trading
Final prices on Liberty bonds today in New York show 3 1 25 at 98.20 and 4s at 90.36 with various 41 series quotes around 91.28 to 93.04, including Victory bonds at 97.88 and 97.98 for different issue grades. The report lists multiple bond series and their latest prices as of February 2.
MENTIONED IN THIS ARTICLE
Ara Lhe
Allis Chalmers
Sumatra
Amer
Amer Telepac Secur
Ind
Baldwin Locomiot
Mattimore
Balt andiOhia
Bethlehem Steel
Butte and
Superior
Canadian Pacific
Cerro de Pasco
Chandler Motor
Northwest
St Paul
Chile
Cuba
Eric Wae
General Motors
Goodrich
Newarts
Inter Merce Marine
Inter Merce
Kennecott Copper
Keystone Tire
Lackaswanna Steel
Mexican Petroleum
Otis Steel
Eae Tees Ae
Pere Marquette Ea
Texas Pacific
Texas Company
Union OW
Union Pacific
Esate
Utah
New York
Liberty
Ist
Victory
Greenwich Grand List Shows Property Value Rise
Greenwich February 2 final grand list figures from the assessors show total property valuation at 61.997 million dollars, up about 3.639 million from last year. Of 4500 taxpayers on the list, about 2200 have property valuations raised.
MENTIONED IN THIS ARTICLE
Greenwich
Greentwich
Dry Goods Market Reports Firm Cotton Goods In New York
In New York on February 2, cotton goods held firm and yarn prices rose while burlaps eased and raw silk remained quiet. Exporters offered more goods for resale, increasing supply in the market.
MENTIONED IN THIS ARTICLE
New York
Urges Retention of Government Vessels
Philip Mawson president of the Pacific and Waste Ship Co urges by testimony before the Senate commerce committee that government ships be retained while criticising the shipping board for waste and mismanagement. He says operation by the government would be profitable and boost trade despite alleged board incapacity in wartime ship construction. Mawson attacks T A Scott and notes concerns about lingering ties between the Scott Wrecking Co and steamship companies, suggesting disqualification from the board.
MENTIONED IN THIS ARTICLE
Washington
Shipping Board
Philip Mawson
The
Pacific and Waste # Ship Co
New York
Senge Commerce
Relatiwus
Suvpeument
Fler
Au Iralian Experes
Mangon Effedt Ghiefly
T. A. Scott
Wenl
Momus
A. Scott
Scott Wrecking Coa
New London
Conn
Scott Company
Defendent Steamship Companies
New York Market News and a Railway Receiver’s Death
Butter and eggs list varied prices with creamery quality up and down. Sugar and potatoes show mixed quotes while flour and grains move quietly. The day ends with the death of Andrew D. Ixalbach, receiver for the Second Avenue Railroad Co., on a train en route from Philadelphia to New York.
MENTIONED IN THIS ARTICLE
New York
Andrew D. Ixalbach
Second Avenue Railroad Co
Philadelphia
Also Mentioned on This Page
Railroads
Hetty Green
Vermont
Liberty Bond
Boston
SW. Morse & CO
Liberty Building
Bridgeport, Conn
New Bedford
New Haven
Holyoke
Providence Pittaliotd Saringfield
T. L. Watson & CO
John
GOVT
Steamship Head
State
Pennsylvania
Western
Hennery
Bermuda
Maine
Long Island
Tersey
Southern
Kansas
Middle West
John P. Keogh
Consolidated_ stock” Exchange of
P.O. Arcade
Sauiekhy
Equitable Industrial Loan Society, Inc
Kairfield Ave
Mnote
Connécticut
Oan Maney
Sanking
Peerless
Kelly-Springfield
Republic Truck
Jhea
Reo Truck Co
Vreeland Motor Co., Inc
Fact
Elizabeth Ave
Newark
Edward
Vreeland Samuel
N.H
Benjamin F. Jones
Nationalewark and Essex Banking Co
Metropolitan Trust Co
Braden, Grace & Co., Incorporated
Wall Street, New York
Braden, Grace & CO
Vreeland Motor Co
Street
Vy, T. Staples
RT. Staples
Janes Staples
State ST. Bridgeport
Crockett Motors and Export Company
Forign
United Kingdom
Great Britain
Ireland
Bolster & Company
Bridgeport Tei. Noble
Springthin
Hartford
Providence
Manchester
Pittsfied
Wall St. N
Connecticut National Bank
Member
Federal Reserve System
Wall and Main Streets
City National Bank
Guaranty & Trust CO
Main SL
Rat Tod
Rat
Liberty BO Thrift Bonds and Co Part Pall
Wate Victory
Fila Commission
Main ST
City Daily
Union Light Co
Fairfield Avenue
Bridgeport Welding & Cutting Co
Onion Ava
Stratford
Ava
A. M. Wooster
U. S
Bridgeport
United Ehominating Rights
William R.bull Security
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