Liberty bond buying drives active trading day in New York
In New York on May 31 heavy buying of Liberty issues dominated bond trading with many issues selling at par or better in vast orders including several $1,000,000 lots. Rail and utility sectors showed firmness while several others declined. total par value trades reached 314,359,000 with new underwritings including Manitoba five per cent bonds and New Haven Hartford six per cent equipment rates.
MENTIONED IN THIS ARTICLE
New York
Southern Pacific
Central Pacific Collateral Trust
Supreme Court
Chesapeake and Ohio
Atlantic Coss
Jine
Southern Railway
St Louis
San Francisco
Northern Pacific
Sea Dboard
Reading
American Telephone
Manitoba
New Haven
Artford
City of Norfolk
Inventor Harold Sperti Sells New Electric Meter
University of Cincinnati student Harold Sperti, long deemed a dullard, quietly sells rights to a novel electric meter for £50,000. Dean Hermann Schneider notes he did not know the inventor and investigated after receiving a congratulatory letter from the purchasing company.
MENTIONED IN THIS ARTICLE
Cincennati
George Sparti
University of Ciscin- Tati
Clentica
Hermann Schneider
College of Engineering
Sperti
Schneider
Harold Sperti
Harold Sparti
Daan Schneider
Sperth
Building Permits Issued for Numerous Projects Yesterday
The building inspector issued permits for multiple construction projects including cement block garages on Sanford Place for Joseph H. and Maud Cook and 892 Grand Street for Serthsand sky signs at Wall and Water streets. Other permits cover frame garages, a brick and frame structure on Morgan Street, a frame cottage on Prospect Avenue, and alterations to a porch at 265 Grand Street.
MENTIONED IN THIS ARTICLE
Sanford Place
Joseph H
Maud Cook
Main Street
Mra
D. Udebscher
Grand Street
N. W
Wall
Water Streets
D. A Schulte
Lessee
John Street
Mary Nichols Perry
Park Torace
John Dum
Morgan Street
A V
Taz Ne
Washington Avenue
Mary Dewitty
Gearae
Strest
Thea Conley
Frame Sarane
Pacific Strest
Chrimian
Kost
Deadly clashes flare in Portuguese Hong Kong riot
Hong Kong May 31 Forty people killed and over 100 wounded as fighting erupts in a Portuguese concession island. Martial law declared amid tensions over alleged insults to Chinese women and the African policy enforcement.
MENTIONED IN THIS ARTICLE
Hong Kong
Associated Treat
Maine
German Cable Firms To Merge For Atlantic Link
Berlin May 31 The German Atlantic German South American and East European Telegraph Cos merge at a general meeting. The joint venture plans a cable from Emden to the Azores linking with a Commercial Cable Co line from New York to the Azores.
MENTIONED IN THIS ARTICLE
Berlin
Associated Frees
Emden
Azores
New York
Commercial Cable Co
Irregular stock market with mixed leader performance
New York May 31 irregular trading saw leaders lag as Supreme Court ruling on Southern Pacific Central Pacific split investors. Reading common and preferred rose on the upheaval while United Tobacco weakened amid alliance talk. steel and motor shares were sluggish and metals and food groups drew higher prices.
MENTIONED IN THIS ARTICLE
New York
United States Supreme Court
Southern Union Pacific
Foir
Reading Commons
Sagers
United
United Retail
Eacers
Tobacco
Sumatra
Dil
Frau Guttmann's Savings Shipwreck in Depreciating Mark
A German saver Frau Amalie Guttmann builds a fortune of 3700 marks over 21 years. The Great War and rampant inflation devastate her funds as she loses 2000 marks to a single suit of clothes. Her tale warns how savings in a bank failed under depreciation and economic ruin.
MENTIONED IN THIS ARTICLE
Karl H. von Wiegand
Beruin
Frau
Amalie Guttmann
Frau Guttmanns
Germany
Savings Bank
Rock of Gibraltar
Frau Guttmann
Smaller Banks May Enter Federal Reserve System
Washington May 31 Eleven governors of Federal Reserve banks and the Board voiced support for Senator Harris Georgia bill to admit state banks with smaller capital than now required to join the system. The measure would allow banks with as little as 13000 to join, if they meet criteria on unimpaired capital and annual contributions, expanding agricultural credit reach.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Banks
Federal Reserve Board
Benator Harris
Georgia
Simator Harris
National Bank Act
Harding
Senate Banking and Currency Committee
Federal Reserve System
Harris
Federal Reserve Baer
Auto Production Shows Great Gain
Washington May 31 The Department of Commerce reports April gains in auto and building material production. Passenger cars totaled 196 512, up 70 percent from March, with truck production also rising. The advance reflects cautious but steady business improvement in a slower growth period.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
Department of Cammerce
Fire Destroys Warehouses in Naples Front
Fire swept waterfront warehouses causing about 200000 dollars in damage. Bridge work on the Yellow Mill Bridge by C A Scott Co of New London delayed traffic with a daily closure from 1 to 4 am until repairs finish. City engineers James A McElroy and George M Caughlin announced the requirements to strengthen the draw span.
MENTIONED IN THIS ARTICLE
Naples
Yellow Mill
C .A. Scott Company
New Lonan
James A. McElroy
George M. Caughlin
Public Works
City Haji
Foreign exchange notes mixed as Paris and neutral rates shift
In New York May foreign exchange steadies with modest gains on French and Italian bills amid British rate separation. Paris cables show no fresh developments on German reparations while neutrals see Duceh rate nearly erased by renewed demand for several currencies. figures list varied percentages and cross rates across Antwerp Amsterdam Genoa Vienna Stockholm and Copenhagen with Swiss and Spanish mentions.
MENTIONED IN THIS ARTICLE
New York
Paris
Antwerp
Amsterdam
Genoa
Viena
Crown
Stockholm
Christiania
Copenhagen
Switzerland
Spain
Newbta
Trae Vgg
Beelia
Capaepernamman
Foreign cereal exports top $498 million in ten months
Washington reports from the Commerce Department show foreign sales of wheat and other American cereals at about 498.8 million dollars in the first ten months of the current fiscal year. Wheat led with 185.945 million bushels valued at 248.551 million dollars, corn at 133.665 million bushels valued at 95.5 million, and rice totaling 42 2.73 million pounds worth 16.152 million, with barley and rye also shipped in sizable amounts.
MENTIONED IN THIS ARTICLE
Washington
Cormmnertes Department
United States
Départment
Commerce Department
Repoirs
Department Anditate Agriculture
Siner Lines
Europe
Financial notes on Tauber Millcorporated and related entities
The Interstate Lumber and Mill corporation is formed with 340 preferred and 190 common shares at par 100, starting with 29000 paid in by Brooklyn and Port Chester incorporators. Dingletown Country Club Greenwich forms with 350000 authorized capital and 3500 shares, starting funds 1000. Auto Exports reports March foreign car shipments at 4471 units, total exports $3,834,632, average $354 per car, three months total 9874 cars worth $8,418,961. Carburetor Co incorporated with Toquaire Westport president, G P Williamson VP, W Smith secretary treasurer. directors include G A Guthier and M J Taylor. 15000 preferred subscribed, 500000 paid in. Remington legal contest: Judge Wasservogel orders briefs in dispute over last annual officer election. stockholders seek to void voting irregularities, case potentially escalates to Appellate Division before June 16. Independent stockholders vow further action if legality questioned.
MENTIONED IN THIS ARTICLE
Tauber
Interstate Lumber & Mil Corporation
Comeyon
Leon Kahan
Gordon Gimber
Brooklyn
Rose Tunick
Port Chester
Comon
IM. J. Taylor
Boston
Remington
Wasservogel
Remington Typewriter Company
Superior Court
New York
Remington Company
Leslly
A Appelate
Wraaservagel
Stockhodera
Loge
Sulia
Realty deeds and transfers across multiple properties
Real estate notices show Rosa Friedman selling to Amalia Gla nella and Amelia Liebscher to Henry Waltman with various lot dimensions. Several mortgages, quitclaim deeds, and bank transactions involve Harborview and Seaview avenues, Roosevelt and Harlem streets, and Bridgeport Realty Corp, totaling thousands in values and many parties.
MENTIONED IN THIS ARTICLE
Rosa Friedman
Amalia Glanella
Marlen Streat
Amelia Liebscher
Henry
Waltman
Westfieid
Angelo
I. Philp Stavatary
Nathan Harrison
First National Bank
Bridgeport
Unten Avenue
Mechanics and Farmers Savings Bank
Jenne R. Allmar
Barney Rubinstein
Cid Duten Malls
Richard D. Currier
Edeward
Morgage
Black Rock Estates
Simon Lake
Harborview
Congregation Agudis Ach Angsadl
Jacob Weipstein
Ant Street
Margaret L. Boddey
Henricity M. Swift
Roosevelt Street
Henry B. Saltman
Lomas and Nethieton Company
Ruth G. Slavatky
Harrison
Philip Slavataky
Fact
Clinton! Avenue
New Highs On Curb Exchange Across Multiple Issues
May 2 URB MARKET NEW YORK reports broad market strength on the Curb Exchange with many issues hitting new high records. Major stocks including Standard Oil groups and several energy, oil, and industrials advanced amid active buying and later profit taking absorbed by professionals. Bonds rose on larger deal scale as Southern Coal and other properties moved toward ownership.
MENTIONED IN THIS ARTICLE
New York
Curb Exchange
Anglo- American
Imperial O of Canada
International Petroleum Plottine
Camrmlasian Houges
Mutual White Skelly
Carin Fonsland
Creote
Maring
Mexican Seaboard
Sishms
Moby Stacke
Reo
Daniela
Cleveland
Cantinentel
Packard
Burint
Oteler
Paitin
Goldwyn Pictures
Southern Coal
Ihen
Wheat futures end lower as May contracts settle
May wheat deliveries settled lower amid hedging sales and nervous trading in Chicago. Prices eased to modest declines with May at about 1 1/4 cent net and July down to 3 9/32. Corn and oats fluctuated with mild moves, provisions fell slightly, while total May deliveries reached 1,047,109 bushels and 1,857,000 for the day.
MENTIONED IN THIS ARTICLE
Chicago
Ellevator
New York Market Report from May 31
Sales data show mixed dairy and cheese items with varied pricing. Mentioned are whole milk flats, extra fresh cheese, and several regional grades, noting average runs and market activity, with references to standard and fancy grades in local markets.
MENTIONED IN THIS ARTICLE
New York
Sutter
Tyes Ainge
Money Market in New York Tightens as Call Money Rises
In New York money markets, call money remains strong with rates up to 4 percent while offering against acceptances and indicative loans show tighter conditions. Market activity signals rising demand and cautious lending by banks amid unsettled conditions.
Rival bids eyed to salvage Loom automobile firm
Receivers and creditors met at Lecomoe plant offices to hear plans for taking over Loom assets and forming a new company to continue automobile manufacturing. Donald Davis of Industrial France Corp proposes to buy assets at a receivers sal and run the business under a new organization. Engineers have surveyed operations to base a definite offer, with multiple alien mobile interests preparing bids in the coming days.
MENTIONED IN THIS ARTICLE
Reaceivers
Yestersday
Lecomoepio Company
Nlone
Donald Davis
France Corporation of New York
Sal
Tonald Davis
Whi
Formitis
Canigars
Metal market notes York May 41 prices
Market report from New York lists copper electrolytic at 13 7 3 and 14. Copper futures at 13 7 3 and 14. Tin firm at 31 50-31 60. Lead unchanged near futures 24. Aluminum steady around 5 and nearby delivery 37. Zinc steady at 5 with nearby delivery. Antimony at 5.37 and 5.00.
MENTIONED IN THIS ARTICLE
New York
Sigpie
Piltig
Ito Cotter
Rivne
Sattrou
Pri
Rin
Snes
Cot
Mid-Uplands
Pitts
Prink Coths
York
Firther
Also Mentioned on This Page
Southern Pacific Central Pacific Trust
MACRO
Union Pacific
Pan American Petroleums
General Asphalt
Standard Oil
California
British Empire Steel
Nova Scotia
Republic
Midvale
Wanadium
Mark
Oll Pte
Ho& Li
Sano Sba
Sum ‘T
G & OW
Bae & His
Beth St
Chile
Eitie
Nhl
Tima Leiie
Nort & W
North Amer
Norsh
Pierce
Pierce O
Wand Pitts Coal
USA
Sou Rey
Studebaker
Lota
Texas
Texas Co
Union Pag. Co
UN Alley St
Diecewine Ag
U S
Union
Earle Nares
Wilson & C
Willys
Ralph FO
Cereais
Bels BU
Sansio
Science Service, Wash
Incorporata Country Club
Dingletown Country Club
Greenwich
Nelson Macy
Guntavy Schwab
George Howe
P. Tu. Willis
M. G. Allaben
Vietya Ee
Broad St
N.Y.C
Metal Market
Barnum
Equitable’ Industrial Loan’ Society, Inc
Fairfield Ave
Tithe Guaranty & Trust, Company
First National Bank of
Hartford Electric Light CO
Niagara Falls Power CO
Electric Bond & Share CO
Hincks
Stment Bankers
Main St
Conn
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