Market in Full Session: Smallest Turnover in Weeks
New York Jan 2 Transactions on the stock exchange were the smallest in weeks. Public participation was low and professionals showed little willingness to extend short-seller commitments. Some slight selling pressure appeared only rarely as standard industrials gradually hardened. Motors oils steels utilities and food issues led the day’s action with modest gains while rails played no part. Bond yields edged up, with Liberty bonds and internationals slightly lower. Four sales totaled 13,800 par value.
MENTIONED IN THIS ARTICLE
York
Stock Exchange
Ambratt
London
Federal Reserve Board
Washington
Thie
Liberty Group
First German loan talks routed through Holland flagged
Berlin dispatch reports Holland arranging a 200 million guilder loan to Germany. About 140 million guilders will fund raw product purchases while the rest covers foodstuffs. This marks the first credit accord for Germany since peace.
MENTIONED IN THIS ARTICLE
Germany
Holland
Berlin
Zettung Am. Mittal
Interborough Transit to Part with Lines in New York
Federal Judge Mayer ordered Jigb E. Hedges, receiver, to return the Fourth and Madison avenue line to the New York and Harlem Rail Road Company as steps toward dismantling Interborough Rapids Transit control. A branch across the Williamsburg Bridge must suspend due to lack of operating franchise.
MENTIONED IN THIS ARTICLE
New York
New York Railways
Interborough Rapids Transit Company
Mayer
Jigb E. Hedges
Fourth and Madison Avenue
New York and Harlem Railroad Company
Willamsburg Bridge
Market Notes New York January 20 Butter and Wheat Prices
Market report from New York shows butter firm with receipts 6757. Creamery prices firm with various grades, bees steady with 11582 receipts. Raw sugar steady at 13.04 centrifugal, 15.00 to 16.00 refined. Wheat spot steady No 2 red at 2.65. Corn firm No 2 yellow 1.68 1-4. Oats spot firm No 1 white 1.00. 10 day shipment figures included for freight to New York.
MENTIONED IN THIS ARTICLE
State
Pennsylvania
Kansas
New York
Liberty Bond Prices Reported in New York
Final prices on Liberty bonds today in New York show varied yields with 32-25 at 98.90 for 1st 4s, 2nd 4s at 90.72, 4 1-48 at 92.36, 2nd 4 1-4s at 91.24, 3rd 4 1-4s at 93.30, 4th 4 1-4s at 97.40, and Victory 3-4s at 9.46 with Victory 4s at 98.48.
MENTIONED IN THIS ARTICLE
York
Liberty
Srd
Victory
Dry Goods Markets Report From New York Jan 20
Cotton goods were firm and quiet while fine yarns and wool goods advanced. Rany silk stayed firm as December shipments of bur-Japa from Calcutta reached 68,000,000 yards.</analysis>
MENTIONED IN THIS ARTICLE
New York
Calcutta
Clearing House Exchanges Report for New York
New York clearing house exchanges totaled 969 777 184 dollars with a balance of 80 315 372 dollars. United States sub treasury credit balance stood at 721 927 dollars and Federal reserve credit balance 62 563 607 dollars. Changes from a year ago were 55 082 078 dollars.
MENTIONED IN THIS ARTICLE
New York
New York Clearing House
United States
Sub-Treasury
Federal Reserve
Stocks Sell-Off Snapshot From Yesterday Trading
Yesterday's stock screen shows numerous names with bid prices and volumes. Notable entries include American Sugar American Tobacco Anaconda Copper Bethlehem Steel General Motors Inter-Merc, and Union Pacific, along with wide spreads and varied trading levels across sectors. The list records opening high low quotes, with many prices marked in fractional yields and percentages, reflecting a broad market activity session.
MENTIONED IN THIS ARTICLE
Owen Wig
Allis Ghatmers
Bosch
Amer Car & Dey
Amer -Inter Cor
Amer Suttale
Amer Tel & Tet
Amer Tobac
Secur
UTA
Asso Dry
Atch Top &S
Avi Gull & Wind
Inter Nickel
Baltimore & Onlo
Balt & Pf
Bethlehem Steel B
Isutte
Canadian Pacific
Central Leather
Cerro de Paseo
Chandler Motor
Columbia, Gas& Hl
Cuba
General Motors
Gen Motors Dében
Goodrich
Inter Merce
Kennecott Copper
Keystone Tire & No
Maxwell Motor
Mexican
Petroleum
Midvale Steel Oye
Middle States
White Motor Co
Roa
Sia
Wilson & Co
LOO Butte & Superior
Chic & Northiwest
Columbian Graph
Orp Atagl
Great Northern Pt
Lackawanna’ Steel
Mc-Kan
Texas
Willys-Overland
Waldwin Locomot
Walifornia Packing
Pennsylvana
Pere’ Marquette
Philadelphia’ Co
Pierce-Arrow
U.s
Pierce O11
Corp
Pittsburg
Reading
Republican, Iron
Southern Pacific
Southern Railway
Studebaker
Tenn Cop. Chem
Texas Pacific
Texas Company
Union
Union Pacific
United’ Fruit,.Co
U S Food
U & Indican
S Steel
S Steel P
Utah
Western” Unions
Westinghouse
BEM
Distribution of Wool Direct by the Growers
Salt Lake City Utah January 20. Secretary S W McClure urged establishing selling agencies in major wool centers to dispose of farmers wool directly to manufacturers replacing brokerages and commission merchants as middlemen. He said wool is controlled by speculators and advocated direct sales as the logical remedy. Announcement: F R Marshall will replace McClure as secretary after his resignation.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Wool Growers’ Convention
S. W. McClure
McClure
F.r.marshall
United States Bureau of Animal Husbandry
McChire
Boston and Maine declares first dividend since 1913
Boston January 20 The Boston and Maine railroad today announced a dividend of 2.67 a share to holders of the old preferred stock. The common stock and new first preferred will not share. The dividend is payable January 31 to stockholders of January 24.
MENTIONED IN THIS ARTICLE
Boston
Boston and Maine Railroad Today
Cotton Market Ends Mixed After Liverpool Break
New York January 20 The cotton market opened unsettled after a sharp Liverpool decline but rallied in late trading with May contracts rising from 34.08 to 24.55 and settling at 24.47. The generalist closed steady up 10 points on February with gains overall 10 to 25 points. Exports today reached 309, rankings 3,899,57289 for the season. Port counts 34,837. US port stocks 1,478,238.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Jexports
United States
Government funds deposits urged for banks and trusts
State banks and trust companies members of the Federal Reserve System would be entitled to designation as depositaries of government funds and to act as financial agents of the government under a bill introduced today by a Republican from Pennsylvania.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve System
Republican
Penn
Germans Rush Trade With Madrid in War Time
Germans who once did a large business in Spain have been offering machinery, chemicals, and drugs in the last weeks. Goods formerly popular arrived on German ships and through Switzerland. Spanish buyers offered payments in marks, but German exporters refused, saying they would sell only for pesetas or other foreign currencies.
MENTIONED IN THIS ARTICLE
Madrid
Spain
Switzerland
Tto
Coffee futures ease on Brazilian export uncertainty
The New York market showed quiet activity as coffee futures slipped due to reports of a softer Santos zone and ongoing doubt about Brazilian government sales. Active months fell 20 to 25 points from last night’s close with January 159.72 and futures for March to December listed, spot market quiet.
MENTIONED IN THIS ARTICLE
New York
Santos
Brazil
Grain Market Sees Wheat Rises Amid Cold Weather
Chicago January reports corn prices rose on strong buying and reduced crowd movement due to cold weather. The close was unsettled with gains from 1 3-8 to 2 3-8 cents. Oats gained 1-4 to 1 cent. Provisions ranged from a small decline to 25 cents higher.
MENTIONED IN THIS ARTICLE
Chicago
Theft charge in bankruptcy case linked to lease
Samuel Bernstein once proprietor of East India Tea Company faced theft allegations in a bankruptcy matter. A lease and other papers were said to vanish from Bernstein’s files while he was absent, with witnesses noting Bernstein’s presence at the store and a search for the missing lease. Judge Keogh ordered trustee Joseph Soloman to pursue a full investigation before the next hearing on Monday at 2 pm. Herman Cohen testified he worked at the Bernstein store from August to September 1919 and helped in the search for the missing lease.
MENTIONED IN THIS ARTICLE
Samuel Bernstein
Wastern Tea Company
Wagt India Teak Dompan
von Senge
Comba
Benzel Tesbefora Rete
Bernstein
East India Tea Company
Benzel
Keogh
Joseph ‘Soloman
Mont Hay
Herman W. Cohen
Pine Atreat
Waterbury
Remington Houses Taken by New Company Reported
Government housing agent reports that Fairfield Liquidation Company, a New York firm, took possession of several Remington houses in Bridgeport yesterday but cannot verify sale papers. Harry A. Barnes, agent for the U S government sale, notes rapid occupancy by new tenants as Greeneneartht and Grasmere areas see disposals.
MENTIONED IN THIS ARTICLE
Bridgeport
Fairfield Liqudation Company
New York
Harry’ A. Barnes
United" Stat Corporation
Greeneneartht
Mill ‘Green
Grasmere
Barnes
Old French Budget Demonstrates Vast Deficit
Fragmentary OCR summary notes a 1920 French budget showing a large deficit. Mentions a retiring finance official and public estimates presented orally in January and seen in a public document. Details are garbled but point to substantial expected shortfall in the fiscal plan.
Bribery Allegations Surface at Le Mans Case Trial
At Governor's Island court martial Captain Karl Detzer, Private Clay Sawyer testified that Sergeant Frank Hoyt paid 600 francs to Private Clarence Stacy to silence him and shift blame to Detzer and Sergeant Madden for brutality at Brest. Sergeant Nemensky admitted earlier false testimony and claimed Mahan used force for information. Trial adjourned to Monday.
MENTIONED IN THIS ARTICLE
New York
Fort Leavenworth
Kansas
Governor's Island
Karl W. Deister
le Mans
France
Clay R. Sawyer
Phoenix
Arizona
Frank Hoyt
Detzer
Clarence S.tacey
U. S. Madden
Brest
Sawyer
Joseph Nemensky
East Cambridge
Mass
le Mane
Mahan
Forea
Argentine Seeks U S Bank Branch Openings
Washington Jan 20 The second general session of the American Financial Congress reported a push led by Frank A Vanderlip for changing state banking laws to permit Latin American banks to open branches in the United States. He said American banks operate worldwide but some state laws prevent Latin banks from competing here. Delegates praised U.S. intervention in Haiti and discussed Bolivian loan facilitation and South American trade. Secretary McAdoo spoke on finance and inter-American trade.
MENTIONED IN THIS ARTICLE
Commission
Iine
Frank A. Vderlip
United States
Vanderlip
Bank of Argentine
Aew
United Business Concerns
I ‘9
South America
Bolivia
Moore
International’ High’ Commission
Wormer
McAdoo
Americas
Europe
Victory Loan Subscriptions Totaled 652 Million
Moronto Ont Jan 20 A total of 652022 215 was subscribed to Canada’s Victory loan with 280602 subscribers The government is expected to accept 650000000 of the subscriptions
MENTIONED IN THIS ARTICLE
Moronto
Ont
Canada
Americanization Bill Deferred in Senate Action
Senate debate on the Americanization bill continued with final action deferred while efforts sought agreement on the proposed appropriation of 42.9 million dollars for educating aliens. Senator King questioned federal authority and urged cooperation with states through a citizenship bureau rather than a federal Americanization program.
MENTIONED IN THIS ARTICLE
Washington
Jah
Kenyon Americanifon
Senate
Bhi
Kenyon
King
Utah
Tla
Congress
City Board Reconsiders Socialist Member Suspension
New York January 20 Board of Aldermen passes resolution urging State Assembly to reconsider suspending its five Socialist members. Vote stands 40 to 26.
MENTIONED IN THIS ARTICLE
New York
Board of Aldermen Today
State Assembly
Four Die In Dramatic Maiden Lane Fire In NYC
In a spectacular five story blaze on Maiden Lane lower Manhattan three men perished and a fourth died after leaping to the street. The building housed a jewelry store run by Benjamin Stambler and various offices. Fireman Charles Halmes was badly burned as he fought to rescue occupants on the upper floors. Fire Chief Kenton led teams to the fifth floor where the victims lay and two others were saved. Estimated loss stands near $100,000.
MENTIONED IN THIS ARTICLE
New York
Dre
Lower Manhattan
Emmanuelenjamin Stambler
Farry
L. W
Sky
Benjamin Stambler
Charles Halmes
Kenton
Maiden Lane
Also Mentioned on This Page
Qversold Bears
Interborough
Madison
Arete
Harlem
Clearing House
Boston & Maine Road
Federal Reserve Bank
Grain Market
Bernstein Teak Lease
Remington
NEW
Fairfield Liquidation’ Co
Pan-American Financial Congress
Charles E.van Riper
Consolidated Stock Exchange
Broad ST
New Yoor
Kanola Oil & Refining Co
Oklahoma
Baldwin’ & ‘Company
Wifth Avenue
New York City
Safe Deposit Boxes
T. L. Watson.& CO
John
National Thrift
the City
National Bank Corner Main
Bank Stree
State OF Connecticut
District OF Bridgeport
John M. Schmidt
Court of Probate
Louise Schmidt
United ‘Lluminating Rights
William 'R
Bull Security
P. L. Boker
James Staples
Insurance
Benjamin Franklin
Thrift Week
Ory
Apostle
Thrift
City Savings. Bank
Treasury Department
the First Bridgeport ‘National Bank Main
State Streets
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