Year's Failures More Than Double Across United States
New York Jan. 4 report by Dun and Company shows 12,852 business failures in the United States in 1920 with total indebtedness of 2,701,383,808, up from 8,881 failures and 296,121,808 debt in 1919. Manufacturing led with 4,485 failures, brokers and agents 1,158, and credit conditions worsened across all regions with the South Central and Central East hardest hit.
MENTIONED IN THIS ARTICLE
New York
United States
Rg, Dun and Company
Soult
Bouth Gantral
Pacife
New England
Middle Atantic
General Motors Passes Dividend On Common Stock
New York Jan 4 Directors of the General Motors Corporation today voted to pay regular quarterly dividends of 1.50 on preferred stock and omitted 13 cents a share on common stock payable February 1 to stockholders of record January 14. The decision affects about 20,646,297 of 60,000,000 shares, saving the company over 5 million dollars and potentially more over a year. Pierre DuPont issued a statement defending the cash dividend plan as strengthening the company's investment character of debentures and preferred stock.
MENTIONED IN THIS ARTICLE
New York
Gen Jate
General Motors Corporation
Wall Street
General Motors
Siogins
Pierre DuPont
Crah
Pos
Alao
Metal market report from New York on January 4
Metal Exchange prices show London quotes for tin, lead, and other metals with reductions from prior levels. Futures and spot sales figures cover tonnages in tin, copper, and lead, noting slight declines and unchanged futures for several items.
MENTIONED IN THIS ARTICLE
York
Naw Yorke
Metal Exchange
London
Singapore
Foreign exchange rates in New York on Jan 4
Dealings in foreign exchange were light in New York. The London rate rose slightly while most continental bills fell by two to twenty points. Quotes include Paris and Antwerp francs, Amsterdam guldens, Vienna crowns, Stockholm and Zurich currencies, with Spain peseta and Berlin mark also listed.
MENTIONED IN THIS ARTICLE
New York
London
Antwerp
Amstidm
Eldry
Genow
New York Dairy Markets Open With Strong Demand
January report shows firmer creamery prices and higher whole milk quotes. Prices list creamery products from 39 to 49 cents, whole milk ranges 12 to 21 cents, and skim milk at 4 to 14 cents with unsettled market conditions for some items.
MENTIONED IN THIS ARTICLE
New York
Strath
Wisconsin
Young Americas
Readiness and turmoil in early Chicago markets
Grain prices moved higher as wheat jumped and corn rose amid rumors of financial trouble failing to materialize. May wheat advanced about 12 to the high, corn gained around 8 7/8 with 2 1/2 to twenty cents in provisions. Export demand and European purchases appeared to lift sentiment despite irregular hops in the market.
MENTIONED IN THIS ARTICLE
Board of Trade
Europe
Bond Market Sees Extensive Selling Amid Weakness
In New York bonds faced heavy selling as year opening weaknesses spread from stock markets. Dutch East Indies 40 million issue drew inflows, Swiss and British gilt issues held steady or rose, while U S government bonds stayed near yesterday’s levels. Prices fell across the board with speculative Katy issues and St Pauls refunding notably down.
MENTIONED IN THIS ARTICLE
New York
Jai
Dutch East Indies
Iker
Bueryesa
Swiss &S
St Paul's
Richison
Tost
Steel Industry Opens Year With Cautious Optimism
An article notes the steel industry starts 1922 hopeful amid a war of words about demand and production. It cites shifted consumer needs and a forecast for improving capacity, with rail purchases expected to rise though historically they formed a small share of total demand.
MENTIONED IN THIS ARTICLE
Ivan Millg
Sham
Curb Market Mixed Day With Irregular Trading In New York
New York curb market shows indecisive trading with wide swings in prices. Cemical, motor and oil issues moved unevenly while sparking activity in independents and service shares amid a generally unsettled session.
MENTIONED IN THIS ARTICLE
New York
Cetfernia
Earl Motors
Durant Motors Vt
Glen Alden Point
Chicago
Isregard
Standard Oil
Indiana
Tes
Price Probe Ordered Furnishings Industry Inquiry
The Senate adopted a resolution to direct a broad inquiry into the causes of price conditions across the factory wholesale and retail sectors of the house furnishing goods industry. Senator Kenyon of Iowa sponsored the measure, urging a comprehensive examination of factors driving prices.
MENTIONED IN THIS ARTICLE
Washington
Tan
Lta Fedora
House
Senate
Kenyon
Republican
Iowa
Uncertain market holds steady amid easing money influence
New York moves show price gains in the afternoon as easy money supports favored sectors led by oil, motor, rubber, steel, and chemicals. Trading totals around 850,000 shares with large volume in a few leaders while sentiment remains cautious due to the Chicago bank episode and industry bottlenecks.
MENTIONED IN THIS ARTICLE
New York
Rubber
Steel
Chicago
General Motors
Yesterda
Kaeliy-Springeld
Sulligh
Rockwell & Co. Reorganize Board After President’s Death
ASA special meeting of Rockwell & Co. directors and stockholders on Main Street named Truph J. Traeniz president and treasurer Mrs Richard Forester vice president and treasurer Hehari Forester JY secretary and restructured management following the death of former president Micha Forester at his Waterbury home last week Messages of condolence arrived from many company members.
MENTIONED IN THIS ARTICLE
ASA
Rockwell & Co
Wopren
Main Street
Truph J. Traeniz
Treaaer
Richard Forester
Aeateran
Creasurer
Yhehari Forester
Howri
Micha
Forester
Flour prices quoted lowest in six years in city market
Minnepolis report shows flour prices dropping to a six year low with barrels selling at about 86.48 to 4.8 a barrel. Purchases in sack lots and gar lots reflect the sharp decline as market conditions shift.
MENTIONED IN THIS ARTICLE
Minneapolis
Minny Jat
New Inn
Cull money bids in New York market settle tight
The New York money market opened the session with subdued activity as bids and offers traded narrowly. Prices edged lower on weak demand with gains limited by cautious sentiment and a cautious stance from dealers amid a light front.
Also Mentioned on This Page
Metal Market
Amco
Aluoco
Rais
Gsi
ShoAmsuTh
Burhans
Arkell
GenMoat Gan
Gmrac
Goodrich
Houston
Agus
A. Vadot
Isennecot
Lehigh
Norfpac
Kiss
PittsCoal
FitCoal P
Ann Brudebkr
Ie Ann Texasla
Dare Aga
Lea Iain
WestPac
Whitecoll
San Wiliesoy
Steel Industry
Fappney
Eroapan Wali
Stock Exchange Wuthorstles
American Sugar
Cwn Allegra
New York S Exchange
Thare Neney
Han Tie
Beesge Aeth
Cayes
Board OF Management
Aeceptantes
Giitadge
Boa
Ss-Ruskay & Co
Bridgeport
Equitable Industrial Loan Society
Incorporatea
Fairfield Ave
Main St
Stats
Conn
Banking Commission Supervision
Bonds & Stocks
William R. Bull
Velophone
Noble
Security
G. H. Braddock
U. S
Connecticut
Ing
Hincks Bros. & Co
New York Stock Exchange
Mair
Bridgeport, Conn
Pan-American Petroleum
Sinclair Consolidated
Endicott-Johnson U. S. Steel
Studebaker
Pacific Oil
Texas Co
Thoscowley
Tambarr
Broadway
Title Guarantee & Trust
Bridgeport National Bank
Cons
Bridgeport Savings Bank
Old Faithful Corner Main
State Sts
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