Investment Bond List of Current Offerings on application
Current offerings include various bonds listed under the application. Details specify bond names, issue dates, and terms presented for investor review.
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Newspaper
New York Times
Location
New York, New York, United States of America
Date
Jun 07, 1915
Page
13
Current offerings include various bonds listed under the application. Details specify bond names, issue dates, and terms presented for investor review.
The financial world marks a pivotal ruling upholding the legality of the Steel Corporation and avoiding dissolution. Wall Street sees renewed confidence as transparency and fair methods guide big business, boosting enterprise and easing anti-trust fears.
Week end price behavior shows calmer sentiment than earlier gains tied to faith in U S business strength and improving banking conditions. Analysts say even a German note rupture would not derail the resilient U S financial system or economy.
London markets last week stayed calm with most trading in high class short term bonds. Russian battlefield news dampened buying, while Germany’s submarine policy kept investors cautious. Gold reserves declined as banks funded wartime needs, and Britain weighed munition output and Italy’s financials as Parliament prepared a possible Italy financial statement. President Wilson's Mexico policy drew scrutiny for its impact on German American affairs.
Paris June 6 Trading at the Bourse opened Saturday with inactivity and steady prices as French funds held firm. Bank stock rose on word of a $25,000,000 New York credit for Russian purchases, while a private banker plan to use Bank of France guarantees to unlock 900,000 francs of advances faced opposition from lenders. Negotiations continue amid unsettled exchange trends and large wartime expenditures expected in coming months.
May copper production across Lake Superior mining firms, excluding White Pine, exceeds 25 million pounds. The May output, the camp’s largest on record, signals even higher totals for Tyne and other operations later in the year. Calumet and Hecla warns gains depend on expanding grinding capacity to near full utilization.
Total sales for the week ended June 5, 1915 reached 10,123,000 with last week’s 11,126,500. Highs and lows are shown for bonds including Am. Ag. Ch. and Erie Ist fund, with numerous corporate issues and government bonds listed alongside.
The week ending June 3 shows varied activity across Industrials, Utilities, Oils, and Railroads. Notable entries include Electric Boat, Houston Oil, American Zinc, International Motors, and several Standard Oil subsidiaries with mixed price movements and volume details.
Bethlehem Steel Corporation announces the second 14 percent installment of the seven percent preferred dividend to be paid July 1 1915 to holders of record at 8 p m June 16 1915. The third installment is due October 1 1915 to holders of record at 3 p m September 16 1915 and the fourth on January 1 1916 to holders of record at 8 p m December 16 1915. Checks will be mailed. June 1 1915. B H Jones secretary.
The Baldwin Locomotive Works board declares a regular semi annual dividend of 3 1 2 percent on the preferred capital stock. It is payable July 1 1915 to stockholders of record at the close of business June 12 1915. William DeKrafft secretary.
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