Liberty Bonds Near Year's Highs In New York Market
Liberty bonds emerged as the day’s leading feature in the New York bond market, advancing toward the year’s peak as foreign issues showed mild gains. Rail stocks rose, with Pennsylvanian General 4%4s and other major issues like Northern Pacific 4s and Missouri Kansas Texas 5s posting fractional gains. New Haven issues weakened while Seaboard 6s and St Paul refunding 4s moved higher, and a strong showing for industrials including U S Steel. Total bond turnover reached $14,000,000. The notable new issue was the Philippine Government 52 27b,060 436 per cent bond.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
New
York
Ontario & Waster
Illinois Central
Northern Pacific
Missouri, Kansas & Texas
Rock Island
Atchison General
New Haven
Seaboard
St. Paul
Morgenthau Plans Austrian Industry Organization
Paris May 18 Associated Press Henry Morgenthau former American Ambassador to Turkey announced plans to organize an international corporation to capitalize from 39 million to 60 million dollars. The aim is to reorganize Austria's industry and show the world that European states can be kept from bankruptcy.
MENTIONED IN THIS ARTICLE
Paris
Associated Press
Henry Morgenthach
Turkey
Wea
Formar International Corporation
Austria
Burma Autonomy Discussed in Commons by Earl Winteston
In London on July 18 the House of Commons considered Home Rule for Burma. Earl Winteston described a Burmese constitution with a Council of State and Legislative Assembly, broader than India. He noted no sex disqualification and a sizable electorate of 2,060,000, including 200,000 women, claiming taxation without representation would be opposed in Burma.
MENTIONED IN THIS ARTICLE
London
Burma
House of Commons
Earl Winteston
India
Pyral
Polish Trade Agreements Expand Across Europe and Beyond
Warsaw reports ratification of the Franco Polish treaty and notes Poland has slowed trade pacts with Italy Czechoslovakia Romania Hungary Australia Manua el Spain Portugal and Jugoslavia while negotiating with England Japan Switzerland Sweden and Norway. Additional talks with Germany and Russia have begun though no US accord exists. In the United States rural areas show 1,800,000 more married people than cities.
MENTIONED IN THIS ARTICLE
Warsaw
Poland
Italy
Czechoslovakia
Rumania
Hungary
Australia
Manuel
Spain
Portugal
Jugoslavia
England
Japan
Switzerland
Sweden
Norway
Pour Partern
Germany
Russia
United States
Abel Ck A
Hartford Grocers Claim Insolvency Under Bankruptcy Laws
Hartford grocers Donato Marcnti and Frank De Ning filed a voluntary bankruptcy petition with the federal court clerk showing assets of 8388 87 and debts of 3135 87. Ford Motor pays 15 percent cash dividend on capitalization of 7 004 000 payable July 29 to stockholders of record July 16.
MENTIONED IN THIS ARTICLE
Wit Maven
Donato Marcnti
Frank de Ning
Hartford
the Clark
United States Court
Detroit
Mich
Associated Press
Ford Motor
Connecticut Go Reports Gain In Gross Operating
Connecticut Company reports gross operating income of 45 980 from passenger traffic in Bridgeport. Week totals show mixed results vs prior periods with a small year to date decrease and a notable rise in beach traffic. Five cent fare remains extended to September per Public Utilities Commission data.
MENTIONED IN THIS ARTICLE
Connecticut
The
Connecticut Co
Bridgeport
Tan Cer
Sun
C. C. Elwell
Bir. Elwell
Writs of attachment issued in Greene stock fraud case
Boston July 18 The only development today in the BL V Greene litigation an equity suit accusing conspiracy to defraud about 60 000 investors of 14 000 000. Four temporary injunctions against the HV Greene company Commercial Finance Corporation Mutual Finance Corporation and First Peoples Trust are sought. Greene a former soda clerk organized these concerns and the bill alleges sham certificates deprived thousands of investors of any recovery.
MENTIONED IN THIS ARTICLE
Boston
BL V. Greene
H. V. Greene Company
Commercial Finance Corporation
Mutual Finance Corporation
First Peoples’ Trust Company
HV. Greene
Greene
Aman
Bumper Potato and Apple Crop Forecast for 1922
The Federal Bureau of Agricultural Economics reports a record bumper crop this season. Apple production is estimated at 41,414,000 barrels, potatoes at 428,607,000 bushels. Leading states include Michigan 95,516,000 bushels and Minnesota 12,905,000 bushels, with New York and Maine also contributing sizable outputs.
MENTIONED IN THIS ARTICLE
United States
Federal Bureau of Agricultural Economies
Minnesota
Michigan
New York
Maine
Stocks Irregular Despite Favorable Developments
New York July 18 The stock market showed irregular and unsettled trading with oils bearing the brunt of weakness as shorts gained. Mexican Petroleum fell eight points to 64 while Pan American and Seaboard also slipped one to three points. Consolidated Gas and Western Union stood out with gains. Money rates hovered around 8 and emergency rates at 3 1/4 percent.
MENTIONED IN THIS ARTICLE
Mexican Petroleum
Western Union
Mexican Petrolem
Wheat forecast boosts US farmer income this year
Washington reports the Agriculture Department foresees nearly one billion dollars flowing to American farmers from wheat sales as prices rise due to European crop failures. A projected harvest of about 937,010,900 bushels supports an anticipated price around 2.00 dollars per bushel, with higher costs likely through fall and winter.
MENTIONED IN THIS ARTICLE
Washington
Department of Agricalture
Europe
Agriculture Department
England
Department of Commerce
United States
Canada
Commerce Department
Market Dips as Oils Lead Broad Decline on New York CURB
Trading on the Cary Exchange shows a general softening with many active issues shifting to the Block Exchange overnight. Columbia Petroleum announces a 1 percent monthly dividend cut as Southern States Oil and others ease, while miscellaneous stocks slip late in the session amid broad selling. Mining and bond activity remains uneven with fractional price changes.
MENTIONED IN THIS ARTICLE
New York
Trans
Cary Exchange
Standard Oils
Southern States Oil
Columbia. Petroleum Company
Southern States
Danie'l Motor
Dubiler Radio
United States
Pyrant
United
New York Reserve Bank July 12 Statement Totals
The Federal Reserve Bank of New York reports figures as of July 12 including total gold reserves at 1 109 054 905 and total reserves of 1 109 590 482.42. Government war obligations secured discounts amount to 358 500 275.40 with other items at 168 182 825.07. Bills on hand total 126 410.23. Total earnings reach 929 276 160.23 with uncollected items 149 071 518.40. Debits to members reserve accounts 771 450 118.21. Total deposits stand at 787 493 651.70. Notes in circulation 1 302 254 058.00. Overall reserves to deposits and Federal Reserve notes liabilities combined at 0.5 percent.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank of New York
Billy Heightly
BF. PR
Foreign Exchange Saw York July 43
The market showed a firmer tone with the franc and Belgian franc easing after yesterday’s declines. Sterling held steady around 4 1/2, while the lira stayed weak. Dutch guilder and Swiss franc were firm, with notices of mixed moves in the Far East and US markets affecting sentiment.
MENTIONED IN THIS ARTICLE
York
Wim Frances Ang
Belgium
Tran
Terday
Hollad
Spain
Ewiikerland
Far East
Germany
Sweden
Arwey
Danmark
Paver
Holand
Ear
Metal Market New York Copper Tin Lead Antimony Prices
In New York metal market brief copper and tin show steady prices with near term quotes around 31.00 for tin and 14 for copper. Lead remains firm with spot near 2.70 to 2.78, zinc steady around 6.76 in St Louis delivery, antimony quoted at 9.00 to 5.28.
MENTIONED IN THIS ARTICLE
New York
Assy
St Louis
Bisland Promises Early Ruling On Industrial Bank
Hartford hearing on City Industrial Bank's charter request proceeds with Bank Commissioner John K Bik Jang stating a decision in a few days. The bank, formed by former City Logo executives, seeks a Connecticut industrial charter to offer small, turnable loans with weekly installments. Morris Plan Co oppose, arguing they have sufficient resources to meet client needs.
MENTIONED IN THIS ARTICLE
John K. Bik Jang
City Industrial Bank
Hartford
City Logo Corporation
Connenticut
Tks Young
Smal Aums
Ron
Aast
Loan Corporation
Morrla /Phuy Co
Morris Plan Co
Cotton New York Markets Mixed But Steady
Market notes show uneven cotton trading with closing bids around 3 1 4, offer around 3 and a half, while lending and loan rates remain cautious amid small gains and declines. Market tone reflects steadiness with limited price movement and scattered interest.
Treasury predicts rediscount rate cut soon
Washington officials at the Treasury expect a reduction in the rediscount rate of Federal Reserve banks. The current rate stands at four percent, with a likely move below 4 percent, possibly to about 2.5 percent, though officials caution that moving much lower could impact government bonds.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Federal Reserve
Treasury Department
Great Britain
Realty Records Show Multiple Realty Transfers Across Streets
Real estate transfers include Margaret E Canfield to Carmillia Diamaro on Halen Street and Cornelia Bur to Henry Lary on Beechwood Avenue. Other deeds involve William Roleh to Marcos Hirsch on Clinton Avenue, Title Guaranty and Trust Co to Richard B Cogewall on Cleveland Avenue for 2900, plus several notices of rent and mortgages on Center Street Boston Avenue and Castavotte Street among others.
MENTIONED IN THIS ARTICLE
Margaret E. Canfield
Carmillia Diamaro
Halen Street
Cornelia Bur
Henry Lary
Beechwood
Wheat market rises on strike news and heat
Chicago grain markets stayed active as strike developments and hot weather influenced prices. Wheat closed varied with gains in Sep and Dec futures while corn rose on strong demand, and provisions edged higher as trading continued through the day.
MENTIONED IN THIS ARTICLE
Pogard
Gorn
Ots
City Savings Bank Re Elects Officers at Annual Meeting
City Savings Bank corporators at their annual meeting yesterday re elected the full slate of officers and trustees. The new officers include President Benjamin Pletcher, Vice Presidents Sarfinet Wubbell and Edward W. Tenttan, Secretary-Treasurer Richard W. Cogameils, and trustees C B Buckingham, Benjamin Wieteher, Edward Button, Samuel Bubbe, George Baldwin, William Hincks, William H. Kelsey, Frank Jell, Henry M. Luscomb, Caarits Cog, and Richard W. Cogsweil.
MENTIONED IN THIS ARTICLE
City Savings Bank
Benjamin, Pletcher
Sarfinet WW
Fubbell
Anddward W. Tenttan
Richard W. Cogameils
Puckingham
Benjamin Wieteher
Edward W. Button
Samuel W. Bubbe
George M
Baldwin
William Hincks
William
Laverty Suuane Second Floor Licensor Notice
On the second floor at Laverty suuaine UAB Main St Bridgenort Conn a licensor by Stile Bante Commis ROUGE notices a regulatory action.
MENTIONED IN THIS ARTICLE
Laverty Suuaine
UAB
Main St. Bridgenort
Conn
Alicensor
Stile Bante Commis
ROUGE
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Goodrich
Boer
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Pullman
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South Pt x Sho Sian ON South Ry
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U S
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Weelay
Charles JH. Kuitle
Cazavotte Street
Agrahany Ngerinnm
Max Nth
Tron and Steel
J. A. Merson, Inc
E. B. Merritt & CO
Main St. Barnum
Cuty Savings Bank
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Loan Society
Equitable Industrial “Loan, Society, Inc
Fairfield Averegasco
Humble Oil & Refining Co
Humble Oil and Refining Co
Oklahoma
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Uction
Noard
Company of
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Tes
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Hincks Bros. & CO
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OSS
the National Mortgage Co
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