Wall Street Dives as Cotton Decline Impairs Credit Risk
New York stocks fall amid English coal strike fears and cotton price drop. Bankers refuse comment on Comptroller Willams charges as brokers weigh credit risk in the South. Copper shares ease while banks convert inventories to cash and prepare for potential new offerings. Steel earnings expected, with dividend talks and price outlook in focus.
MENTIONED IN THIS ARTICLE
Broavan Wall
New York
England
Amle
John Skelton Willams
New York Stock Exchange
Williame
Westinghouse Leciure & Manufacturing
Sasuca
United States Steel Corporation
Will
Big Oil Well Halt Then Resumes Flow At Lower Rate
A Texas company reports its newly divided well produced up to 29,000 barrels daily before a sudden stoppage caused by a casing cavity. After removal of the obstruction the flow resumed at about 8,000 barrels daily, prompting executives to call the episode a rare phenomenon with uncertain duration and future implications for the oil industry.
MENTIONED IN THIS ARTICLE
Holland
New York
Texas Company
Voxcellent Authority
Cita Morning
Boney
Texas
Liberty Bonds New York Market Report
Liberty Bonds quotes for New York show bids and yields across issue types. Notable figures include Mets 18 3% at 92.32 bid and Second 4s at 85.44, with First 1 14s at 89.60 and Third 4 14s at 90.0. Victory 33-48 at 30. Mietory 45 at 86.05.
MENTIONED IN THIS ARTICLE
Parvester
Unter Mar Mer
Inter Paper
Kansas City
Keystone Tire
Wim Camley
Kennecott
Louis—Nashville
Lehigh Valley
Amy Nseed
Maxwell Motors
Nowy
Missouri Pacific
van Sage Et Co
Kan
Texas
AWG & W
T&s Fe
Baldwin Loew
Ste
Balti & Ohio
Pure Gumes
Beth Motors Ao
Okla
Barrett Co We
Pan Am Petrole
Beth Steel Bo
TLY& Tom Pierse Arrow
Shy Brook Rap Travey
Pierce Qu
Burns Bros Ar
Butte
Lyre Peoples Gas Pennsylvania
Punta Alegre
Gone Leather Co
Cerro da Fasco Motors
Chandler
Ches & Onio
Ge Rep Iron & Steel Ins
Chi Ma & St Paul
Royal Dutel
Am On
Great
Veith Saxon
M148
Chi & Gt W Frid
Sinclair Cons
Crip Pig Pity
Soy
Shel & Iron
Chile Coy
Southern Pacific
Texas OU
Tob Preve
den & Rio Mene Tnion Pac
den & Rio
Uni
Ina Alco
Utah
General Merare
Wabash
Goodrich Co.ath Ih
Wabash Pt
Gt North
West Union T
Gt North Oreay Ag
Tllinois Cens
Hale Dbab
West Maryland
Alointe Motor Bt
Internation Nick
Witsch
Interborough Cons
Willys Grecia
Lite
NEW York
Mets
Mietory
France offers new bonds in perpetual franc loan
Jean de Sieyex of the French Financial Agency in the United States announces a new French internal loan. The government will offer a perpetual nominal rate in France beginning October 39 with redemption or conversion rights after January 2981. Subscriptions exceeding 2.7 trillion francs had already been received by October 7.
MENTIONED IN THIS ARTICLE
New York
Jean de Sieyex
France
United States
Hundred Million Corporation to Finance U S Foreign Trade
Washington dispatch reports a plan for a foreign trade finance corporation capitalized at 100 million dollars. It would promote American trade globally, funded by American Bankers Association members, with initial operations targeted by January 1 and stock held by member banks.
MENTIONED IN THIS ARTICLE
Hundred Million Corporation
U. S
Washington
American Bankers’ Association
John McHugh
Mechanics and Metals National Bank of New York
Commerce and Marine
McHugh
Fred L Kent
Banker's Trust Company of New York
Tia
American Bankers’ Generation
Lever Act Cases In Supreme Court Argument Oct 18 1919
Washington Oct 18 Ten cases on the validity of the Lever act in prosecutions for profiteering in foods clothing and other necessities were argued in the Supreme Court The government contends the act is valid as an emergency wartime measure while defendants argue it violates due process and exceeds congressional war powers The court asked no ruling at once deferring to the government’s view that Congress could regulate necessities during a war emergency.
MENTIONED IN THIS ARTICLE
Washington
Weet
LNG
Cniet
Congress
Coffee Futures Rally on Open as Prices Edge Higher
New York October 18 futures rose after an initial rally as speculative and trade support covered positions. October through next year notes climbed with December 665, January 679, March 727, May 70, July 783, September 08. Spot coffee quiet with Robusta price at 6 1 4.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Olden Times Rhinoceros Horns Used as Cups
In historic practice royal personages used rhinoceros horns as drinking vessels. The belief held that motion when stirred would cause bubbling to appear, signaling a magical or symbolic property.
Foreign Exchange Market Unsettled in New York
New York foreign exchange markets were unsettled as trades began in London amid a heavy ceiling of bills due to British coal miners strike. French Belgian Italian and neutral exchanges swung in sympathy with British disturbances. Shanghai and Buenos Aires showed declines from local conditions with London remittance rate at 2.49 per pound, erasing recent gains and returning to March lows.
MENTIONED IN THIS ARTICLE
New York
London
Wien
Shanghai
Buenos Aires
Sugar Market Rises In New York On Brazilian Sales
Sugar prices in New York advanced as 8,000 bars of Brazilian centrifugal changed hands at the equivalent of 7 3 8 cents for Cubas cost and freight. Operators bid 7 1 8 cents for Cubas cist and freight. Refined sugar steady with strong demand for fine granulated at £1 per 100 pounds. Luxor futures up with December at 840, January 820, March 810, May 825.
MENTIONED IN THIS ARTICLE
New York
Cubas
Dry Goods News: Prices Decline Amid Light Demand
Oct 18 report shows unbleached and brown corona yarns and other curren products continuing to fall. Wool goods markets remain unsettled and raw silk prices unchanged. Burlap trade quiet as merchants monitor price shifts and demand.
MENTIONED IN THIS ARTICLE
Pricca
St Paul ship brings $8.2 million to pay war debt interest
New York dated Oct 18 reports the steamship St Paul delivering 8,200,000 dollars in gold from England to the United States to cover Great Britain's interest payments on the war debt. The article notes the ship’s voyage and that it will be entered in the record books, with tentative references to trade and routes.
MENTIONED IN THIS ARTICLE
New York
St. Paul
England
Great Britain
Atinnile Mner
National Railway Service to Issue Notes in 60 Million Offer
New York Oct 18 National Railway Service Corporation to issue 60 000 000 of trust certificates to buy equipment for railroads under a Transportation Act amendment. Two series up to 40.6 million each, maturing over years, with condition sale and lease options. Possible inclusion of Baltimore and Ohio Chicago Rock Island Pacific Minneapolis and St Louis Wheeling and Lake Erie and Bangor and Aroostook. Courtships with Gulf Coast lines and Cincinnati Indianapolis and Western in progress.
MENTIONED IN THIS ARTICLE
New York
National Railway Service Corporation
National Association of Owners of Tailroad Securities
Interstate Commerce Commission
Gen Gresy
Service Corporation
Whrch
Ad Railroad
Witch Carriet Aay
Service Corporation i
Baltimore and Ohio
Chicaco
Hock Tsland
Acitic
Mingeapolis
St. Louis
Wheellng
Leake Erie
Seragor
Aroostock
Tentathya
Gulf Coast Lines
Cincinnati, Indianapolis
Western Roads
Homa Savings Bank
Wheat markets rise as British strike hinders exports
Chicago reports Oct 18 bears gaining lead in grains due to British coal miners strike and weak sterling. Wheat futures edged higher while corn oats and provisions showed mixed moves amid expectations of export delays and larger visible supply. Lead price cut reported by Jenn Smelting and Refining.
MENTIONED IN THIS ARTICLE
Chicago
Bears
Sterling Exchange
Cora
Sterling
Tordermt Board
Orp
New York
Jenn Smelling and Refining Company
Bridgeport Wholesale Market Sluggish With Mixed Produce In Stock
Market conditions in Bridgeport on Oct. 18, 1920 show slow activity with heavy supplies of potatoes onions and New York Concord grapes. Quince pears cranberries and Connecticut eggs are limited while Western beef remains mid-grade and scarce. Florida grapefruit oranges and fresh stock vary in availability with prices listed for fruits vegetables and poultry products as reported by Garrett M. Stack of the Connecticut Agricultural College market information service.
MENTIONED IN THIS ARTICLE
Bridgeport
New York State
Concord
Connecticut
Florida
N. Y
Cal Malaga
N.Y
Trubbard
Connecticut Agricultural College Market
Garrett M. Stack
New York Market Briefs and Price Notes
New York market notes report mixed prices across commodities. Sailor steady receipts at 7 627 while creamery items rise above extras. potatoes show irregular pricing in Maine and Jersey regions with multiple weight measures and unit quotes.
MENTIONED IN THIS ARTICLE
New York
Getting Acquainted in Laneh Wits Clientele Policies
A new Booker describes business policies and methods for maintaining clientele in Laneh, outlining approaches to service, pricing, communication, and customer relations to build trust and loyalty. The piece emphasizes practical steps for onboarding and sustaining a robust client base.
MENTIONED IN THIS ARTICLE
Laneh Wits
Also Mentioned on This Page
South
Robert Powers
Todl Gat
Board of Axcessors
Easton
Arthur J. Wheslies
Charles, F. Suliman
Eliffond W. Gillette
Conn
BATE
Michael Andrew Jirmt
Tank of
Eaid Distries
Barnie
Paul L. Miller
Orne
America
Bhirth
Lever
Supreme Court
Goh
Agricultural Market Service
Maine
Long Island
Giersey
Sweats
Jersey
Southern
Fature Publications
Broad St
Apiladelshia
Harrlesurg
A. M. Wooster
U. 3. Patent Office
Jeno
John P- Keogh
Consorta and Stock Exchange of New York
Arcade
P. Sammow. Jr
Savings Department
William R. Bull
Bridgeport Hydraulic: Co
Bridgeport Hydraulc Co
Hincks Bros.& CO
State Street
Bridgeport, Conn
TL Watson & CO
Cor. Main and
John Streets
First Mortgage
Guaranty & Trust Co
BSNK
Bridgepore
Anaconda Copper Mining
Cinculla
MAVED
The
Bridgeport Trust
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