Bonds Offered At Price With Fifteen Year Maturity
The advertisement promotes $100 bonds with an average maturity around fifteen years and states they are sold at a specific price. No further details are provided in the surviving text.
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Newspaper
New York Times
Location
New York, New York, United States of America
Date
Jun 08, 1916
Page
19
The advertisement promotes $100 bonds with an average maturity around fifteen years and states they are sold at a specific price. No further details are provided in the surviving text.
Eastern Steel Company set a July 15 payment date for 7 percent on first preferred stock to cover arrears after an April 6 declaration. Weyman Bruton boosts common stock with a $4 extra dividend and an 8 percent quarterly disbursement, payable July 1. Siatag Company raises quarterly dividend to $4 per share, payable June 30. Guaranty Trust announces a 1 percent extra dividend plus 4 percent quarterly, with record date June 22.
Foreign exchange markets and discount rate movements are discussed as the Bank of international reserves adjusts policy. Statements cover the impact on currencies and the balance of payments amid shifting interest rate expectations.
On the Consolidated floor most trading hovered in a convention awaiting mood. A few upward movements lifted prices without broad sympathy, with Reading the most active issue and International Mercantile Marine preferred following closely.
United Cigar Stores Company directors announced an aggressive expansion after yesterday's meeting. The plan calls for 900 agency outlets in small cities and towns this year, supplementing existing retail stores, with 100 agencies already opened and the goal of 1 000 by year end. Assistant Vice President M E Bouvier led the extension effort as stock rose to 98 1 2, up more than three points from last week.
Advertises cloth and leather binders for The New York Times Mid-week Pictorial and Sunday Times Magazine and Book Review, Sunday Pictorial Section, and Annalist full cloth. prices range from $1.25 to $2. Remittance requested with order from Times Square, New York.
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