Financial notes on stock sale and international finance
American Chicle sold 55 000 shares at 40 dollars each through major New York firms to boost working capital and fund a Long Island City factory. Columbia Graphophone sold 7.5 million in five year notes convertible into stock, with Guaranty Trust Kissel Kinnicutt and Dominick and Dominick underwriting. Oil and peso figures from Mexico and Cherbourg gold shipment rumors add to market mood with Paris benefiting from cross exchange shifts.
MENTIONED IN THIS ARTICLE
American Chicle Company
Hornblower and Weeks
Low, Dixon and Co
White, Weld and Co
New York
Long Island City
Columbia Graphophone Company
Guaranty Trust Company
Kissel, Kinnicutt and Co
Dominick and Dominick
New York City
Cherbourg
France
Philadelphia
England
New York and
London Exchange
Paris
Sharon Chamber circular urges Jews not to buy in Sharon
New Haven July 29 A circular with a questionnaire circulated four months ago by the Sharon Chamber of Commerce urged property holders to refrain from selling to Jews. A committee of the Independent Order of Bnai Brith pressed for action to prevent such notices in the Connecticut Chamber of Commerce. The letter was sent to George B Chandler executive secretary of the state chamber, with hopes of settlement through the state chamber rather than court. Some residents have not pledged, and a few wealthy locals favor admitting wealthy Jews but oppose farmers and cattle buyers nearby.
MENTIONED IN THIS ARTICLE
New Haven
Sharon Chamber of Commerce
Joseph H. Ullman
Isaac M. Ullman
Charles H. Shapiro
Bridgeport
Independent
Order of B'na Brith
George B. Chandler
Connecticut Chamber of Commerce
Sharon Chamber
State Chamber
Ullman
Chandler
Europe
Mr. Ullman
German Schools Hit by Money Depreciation
Berlin reports German universities suffer from mark depreciation. Dr. Ernst Troeltsch of the University of Berlin calls it the ruin of German currency, closing German science and education behind a Chinese wall amid disdain from other nations. He says science should be international in thought and cooperation.
MENTIONED IN THIS ARTICLE
Berlin
Ernst Troeltsch
University of Berlin
Germany
France
Shipping Market in Japan Takes Terrific Slump
Tokyo reports a sharp downturn in Japan’s shipping sector as about fifteen large ocean going ships idle at Kobe and Osaka with roughly 60 more set to be freed from old charters. Ship prices have fallen to about 145 to 140 dollars per ton, with few domestic buyers and some vessels sold to Dutch firms.
MENTIONED IN THIS ARTICLE
Tokio
Japan
Kobe
Osaka
Low Exchange Rate Worries Former Kaiser
Doorn , Holland July 29. The former German Emperor Wilhelm II worries over the low exchange rate of the mark. He prices houses near Doorn in Dutch guilders and converts to marks, calling prices preposterous. Farmers pay 80 cents an hour to unskilled helpers while road conditions and a small car tax draw complaints.
MENTIONED IN THIS ARTICLE
Doorn
Holland
Williams
Wiliam
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