US Marine Company Directors Fight Liquidation Sale
Opposition to the sale of International Mercantile Marine Company British tonnage grows as John Platten and F W Scott resign from the proxy committee. Franklin confirms directors disapproval and notes potential shareholder proxies and a broader battle among financiers.
MENTIONED IN THIS ARTICLE
Platten
Scott
Mer
International Mercantile Marine Company
John W. Platten
United States Mortgage and Trust Company
F. W. Scott
P. A
Franklin
Donald G. Geddes
Charles A. Stone
Mr. Franklin
Columitiee
Turiankiin Sali
Amiailel
Marine Company
Wasseta
Stone
Financial District
Wall Street
Syndicate Forms to Underwrite $25 Million Gas Company Notes
Henry L. Doherty & Co proposes a syndicate to underwrite $25,000,000 sinking fund six percent notes of the Empire Gas and Fuel Company, principal oil unit of Cities Service. Notes dated June 15 1919 mature June 15 1924 convertible into 8 percent cumulative preferred stock. Offered at 97 percent. Empire entities report twelve months to Feb 28 earnings about $68,000,000 with expenses around $45,000,000 leaving roughly $23,000,600 for interest.
MENTIONED IN THIS ARTICLE
Henry L. Doherty & Co
Empire Gas and Fuel Company
Cities Servce Corporation
Empire Companies
Financial Notes Highlight Branch Openings and Bond Deals
The National City Bank opens a new office in Pernambuco as its fifth Bread branch. Bonbright and H M Pullesby & Co add 5000000 one year 7 percent notes of Oklahoma Gas and Electric at 99 percent, oversubscribed from an initial 2500000. W R Britton & Co offer long run first mortgage railroad bonds yielding 6.50 percent, guaranteed by Alberta. White Weld Kissel Kinnicutt Stacy Braun and William R Compton Co offer 9.40 percent school bonds of New Brunswick No J at as yield 4.40 percent, maturing 1621 to 1989. KR M Grant & Co marks fifteenth year, with offices in New York Chicago and Boston. Ernest C Rollins leaves Fritton Rollins to join Day Heston. Ineald H Fullerton joins Bankers Trust to head municipal bonds department.
MENTIONED IN THIS ARTICLE
The
National City Bank
Pernambuco
Bread
Bonbright Company
H. M. Pullesby & Co
Oklahoma Gas and Electric Company
W. R. Britton & Co
Alberta
White, Weld & Co
Kissel, Kinnicutt & Co
Stacy & Braun
William R. Compton Company
New Brumwwick
No. J
KR. M. Grant & Co
New York
Chicago
Poston
Ernest C. Rollins
Fritton, Rollins & Co
Stock Exchange
Day & Heston
Ineald H. Fullerton
Tillots
Daily ranges and bond closes in interwar stock listings
The page lists daily high and low ranges for stocks and bonds, with last prices and monthly yearly figures. It shows 30 stock daily ranges, 50 stock yearly spans, and 40 bonds daily and yearly ranges, including holiday notes and dated entries for years 1916 1917 1918.
MENTIONED IN THIS ARTICLE
Bae
Tobacco Products stock rights offer pro rata subscription
The Tobacco Products Corporation board approves rights to subscribe pro rata to 256000 shares of no par value Tobacco Products Export Corporation at $10 per share. Rights go to holders of record July 1 with payment due July 15. Export Corp organized to handle foreign business and will issue 450000 shares, placed in a voting trust with Lankerp Trust Company, trustees George L. Storm, L. Mdisitterick, and Sidney Whelan.
MENTIONED IN THIS ARTICLE
Tobacco Products Corporation
Board of Directors
Tobacco Products Export Corporation
Lankerp Trust Company
George L. Storm
L. Mdisitterick
Sidney Whelan
Short Term Notes on Government and Corporate Securities
Government and municipal loans with bid ask yields for various securities. Listings include Argen. Gov May 15 1920 99 percent bid 20 percent ask yielding 6.75 percent, Canadian and Russian issues, Swiss government, and a wide range of American corporate bonds from Am. Tobacco Co. to B&O and Studebaker. Includes dates, rates, and pricing notes across many issuers.
MENTIONED IN THIS ARTICLE
Argen
N. FS
Iiss
Iussian
Wier F. Corp
A. B. Mag.c
Cot
Tob. Co
A Tob. Co
B&o. R.R.S
Heth
Corp
Wey
Beth. B. Corp
Beth. S. Corp
Bet i
Cormp
Chi
N. Tool
Afa. Bug
Ahy FP. Co
Ut. C
Sidison
He .T
List & Rex
Pblin. Co
Pitts & ‘S R.A
Vroe
Sas
Southern Ry
Stude *Corp
Swifthea
United
Ite &. Corp
Cotton Declines After Firm Start in Market Slump
The cotton market opened firm on Liverpool cables but fell as the South and Wall Street sellers pushed prices down 75 points in October and 67 to 70 in other months. By midafternoon buying returned and the market recovered, finishing steady with near months back from early losses. Export clearances stood at 27,056 bales for the day and 59,438 bales for the week. spot prices varied across cities with New Orleans at 31.75 cents and Savannah around 34 cents for middling.
MENTIONED IN THIS ARTICLE
Liverpool
Wall Street
New England
Bears
Savannah
New Orleans
Opan
Galveston
Augusta
Memphis
Houston
Little Rock
Yeserday
New York
Farrivale
Aean
Manchester
Fifth Avenue National Bank Declares 55 Percent Special Dividend
The Fifth Avenue National Bank directors declare a 55 percent special dividend in addition to the regular 12.5 percent quarterly dividend for stockholders of record as of June 30. The dividends apply to existing capital stock of 200,000 dollars and not to the authorized but unissued new stock, payable July 1.
MENTIONED IN THIS ARTICLE
Fifth Avenue National Bank
Treasury Statement Shows Receipts And Expenditures
Special report from Washington lists monthly and yearly totals for internal revenue income and excess profits taxes. It shows miscellaneous revenue of about 1 billion and total receipts around 83 billion, with excess of ordinary over ordinary receipts and a large expenditure total near 14.28 trillion dollars.
MENTIONED IN THIS ARTICLE
Washington
Closing quotations for bonds and stocks in auction lists
Closing quotations show government and municipal bonds with bids and asks, including Canada 5s 1926 and 6s 1931, Cuban and Dominican issues, and Japanese and U.S. securities. Stock bids and asks cover a wide range of railroads, utilities, and industrials with varied latest prices and par values.
MENTIONED IN THIS ARTICLE
Peters Am
Sec
Ccvcccceseoes
Fom. of
Canada
Ipom
Caheda Ss
Dom
Republic of Cuba
Republic of 5
Dominican Republic
Borgealx
Cceees- Ooh
City of
Lions
Cesbeceeenrs 4
Marseilles
Acess Doh
Paris
Oe, Ree
Japaneda A
Hovesess IE
Sisscerdascesen
DO - Bon
Bokio
C.escescesess
K. Lof
Gt. Br. & Ir
UN. K
Gt. Br
Ir. Lige
Ir. Gs
United States of Mexico
Beeches
Also Mentioned on This Page
Marine Securities
Hannevig @ Co
Thihe Securities
Broadway
Exchange
Letters of Credit Forcig
General Motors Corporation
Stone & Webster
Boston
Great Falls
Montana
Sweat Falls
Northwest
Renaes
Bodell & CO. Investment Securities
Studeb’k’r
Wilson & Co
Ralston P
Meni Lynch & Co
Sipheny
H. & F. W. Pelzer
N. Y. Stock Exchange
Chase National Bank
Texas Pacific Coal & Oil
Jones Brothers Tea
Clure, Jones & Reed
New York Stock Exchange Co
Thone
J High-Coade Investment Securities
Broad Street
New York City
Telephone
Rector
Marea
Ieodore C. Corwin
Corwin
Bordens
Com
Otis Elevator
Broad
Cantile Marine Company
Geddes
Gas and Fuel Company
Financial Notes
Lom. St
Ny Industriaisl
Tobacco Products
Aetna Corporation
Morton Lachenbruch & Co
Philadelphia
Borwece
Devot Tel. Broad
Garfield National Bank
23Rd Street
Fifth Avenue
Treasury Statement
New York Times
Foreign Issues
Mor
C & Bt
Col F Pt
Crex
Cruc
D & Co Pf
del & Hud
Det & M
Erie
Mé&s
Fisher
Gulf
Isi Ork C
Rayer
Heron
M'kay Cos
A' Do
Us West J
North Am
Owens
Pan-Am P & T
United States
Illinois Central Railroad
Illinois Steel Co
Colorado & Southern Railway Company
Knanth-Nachod
Equitable Building
Kubue
Lechange
Central Petroleum Com
Pfd
Gillette Saf
Nts
Pacific Gas & Elec. Co
Tenn. Ry
Standard Gas & Elec
Amer
Trac
Western Power Amer
Gas & Elec
City Investing Co
Midland Securities
Stern Brothers Ptd
Texas & Pacific Coal & Oil New Mex. & Ariz. Land Co
Hendee Mfg. Co
MacQuoid & Coady
New York Stock Exchange
Wall St
GEO. A. Huhn & Sons
Broadwey
M. Y. Tel
Walnut St
Hambleton & Co
Itimere
Morris & Company
First Mortgage
Edward Morris
First Trust & Savings Bank
National City Company
Havana
Cuba
Mercaderes Y Teniente Rey
Carib Syndicate Ltd
Shuman & Seligmann
S Exchange
Broad St
Pacific Gas & el. Com
Federal
Sug
Peet Bros
John Nickerson, Jr
Bowling Green
Kirby Lum
Wright-Martin, Ptd
William C. Orton
N. Y
Phome
Cambridge
Westchester Co
Clinton
Mass
Tarrytown
New Bedford
Newark
N. J
Slatington
State of
State of Idaho Capitol
New Britain
Conn
Kansas City
Kan
San Francisco
Del
Cliffside Park
Xenia
Ohio
Sandusky
Groton
South Haven
Mich
Mobile
Ala
Jacksonville
Fla
Miami Conservancy
Nacogdoches Co
Tex
C. H
Polk County
Tenn
A. B. Leach & Co., Inc. Investment Securities
Cedar St
Minneapolis
Pittsburgh
Buffalo
Cleveland
Farmers’ Loan and Trust Company
William Street
Forty-first Street
London
Federal Reserve System and
New York Clearing House