Market play and policy push amid cotton worries
Edward A. Bradford discusses stock and iron market dynamics, crop prospects, and the Morocco controversy shaping public opinion. He weighs perceived piracy and philanthropy around Mr. Ryan’s Equitable scheme, urging patience and cautious appraisal of promises versus outcomes.
Wall Street Directors in Greene Gold Stock Turmoil
The weeklong stock struggle over Greene Consolidated Gold Company reveals Wall Street tactics and director-led manipulation. Directors used conflicting expert reports to sway price, aiming to oust the company president, with one clique later ousted and left financially hurt.
MENTIONED IN THIS ARTICLE
W. C. Greene
Greene Consolidated Gold Company
Wall Street
Greene
Greene Gold
Greene Copper
Japanese 4% Bonds Draw Heavy Market Buying Worldwide
The Imperial Japanese 4% bonds have attracted unprecedented demand and spread across markets from New York to London. About 20 million in bond sales last week saw roughly one seventh purchased in the United States, with insurance firms and savings banks among major buyers. The process involved 15 000 original subscribers and possibly over 20 000 investors, with Kuhn Loeb & Co managing vast allotments and 80 000 temporary certificates signed by five partners.
MENTIONED IN THIS ARTICLE
Stock Exchange
London
Kuhn, Loeb & Co
New York
Equitable Life
New York Life
Kahn, Loeb & Co
Otto H. ,Kahn
Mortimer L. Schiff
Il. A. Heinsheimer
Felix M. Warburg
Paul M. Warburg
Kuhn, Loeb,& Co
Million-Dollar Loan and Slow-Going Trip at Lake George
George W. Perkins notes a broker rushing for a million-dollar loan with a handbag full of cash. Charles Knoblauch leaves by car for his Lake George country place, saying business is dull and travel can be relaxed.
MENTIONED IN THIS ARTICLE
George W. Perkins
Charles Knoblauch
the Stock Exchange
Lake George
Mr. Knoblauch
Mysterious valet tale at Morristown country house
Luther Kountze hosted a young financier at his Morristown estate for a weekend. Five trunks arrived, linen was refreshed with perfumed wash, and the valet guarded the host door. The valet explained the master sleeps on the right side and needs nightly turns to avoid health issues.
MENTIONED IN THIS ARTICLE
Luther Kountze
Morristown
Mr. Kountze
Gates and executives tour Europe and return planned
Charles G. Gates son of John W. Gates and head of C. G. Gates & Co. has toured France by motor car for two months and is expected to return next week. F A Delano manages Wabash Railroad. B A Worthington elected VP of Wheeling and Lake Erie and Wa bash-Pittsburgh Terminal. Joseph Ramsey Jr will retire as Wabash president Oct 1 and sail for a two months Europe trip.
MENTIONED IN THIS ARTICLE
Charles G. Gates
John W. Gates
C. G. Gates & Co
Trinity Building
France
F. A. Delano
Wabash Railroad
B A. Worthington
Wheeling and Lake Erie
Wabash-Pittsburgh
Wabash
Joseph Ramsey, Jr
The
Europe
Brother in charge of arbi trage business with stock sale
George Winchel the American Can specialist left his brother Max in charge while he rests in the country. Max sold stock with a pleased smile and admitted he bought it in Chicago at a lower price, ex dividend that day. Brokers noted the discrepancy and expect George to return by Monday.
MENTIONED IN THIS ARTICLE
George Winchel
Max
New York
Chicago
Winchel
George
Dan
Gardin Returns From Five Month European Bank Tour
John E. Gardin manager of the foreign exchange department at National City Bank returned last week from a five months trip to Europe. He visited England and several continental countries. The trip blended business and pleasure as he renewed European banking acquaintances and found widespread curiosity about American affairs and a wish to strengthen financial ties with the United States.
MENTIONED IN THIS ARTICLE
John E. Gardin
Foreign Exchange Department
The
National City Bank
Europe
England
Kistrin
Mr. Gardin
Ryan seeks brokerage venture with brother in new firm
Alan A. Ryan son of Thomas F. Ryan elected to the Stock Exchange last week will head a new firm with his brother as partner. He does not intend to be an active floor broker though he will conduct Exchange business, a fact that may explain rough handling from fellow brokers on his initiation day.
MENTIONED IN THIS ARTICLE
Ryan
Edward A. Bradford
Alan A. Ryan
Thomas F. Ryan
Stock Exchange
T. E. Green Named Manager of Blair & Co Foreign Exchange
T. E. Green has joined Blair & Co as manager of the foreign exchange division. He previously worked in the foreign exchange department at the National City Bank.
MENTIONED IN THIS ARTICLE
T. E. Green
Blair & Co
Mr. Green
National City Bank
Railways at Chicago reshapes transcontinental routes and terminals
Analysis of Chicago rail traffic around the Burlington acquisition of Chicago Terminal Transfer Railroad and Rock Island connections. The piece outlines how Chicago's terminal network and future through routes will centralize traffic, with implications for Union Pacific, Northern Pacific, Great Northern, and other lines, and foresees a move toward longer consolidated systems.
MENTIONED IN THIS ARTICLE
Chicago, Burlington and Quincy
Chicago Terminal Transfer Railroad Company
Rock Island
Pacific
Lake Shore
Pennsylvania
New York
Chicago
Union Station
Western Railroads
Union Pacific
Los Angeles
Englewood
Northern Pacific
Great Northern
Chicago Terminal Transfer Company
Burlington
Terminal Company
Chicago Terminal Company
Atlantic
San Francisco
Northern
Wall Street
Baltimore and Ohio
Chicago Great Western
Pére Marquette
Central Leather dispute over 144 percent dividend
Disagreement persists on who should receive the 144 percent dividend tied to United States Leather and Central Leather preferred stock. Members of the reorganization committee dispute claims that Central Leather holders gain nothing, noting the dividend benefits may flow through Central Trust Company to depositors.
MENTIONED IN THIS ARTICLE
United States Leather Company
Central Trust Company
Reorganization Committee
Central Leather Company
Northern Securities
Central Leather Preferred
United States Leather Preferred
Njorthern Securities
Wall Street
Copper market gains Steam on Atlantic revival and renewed demand
The copper market shows signs of life as Atlantic business improves. Producers hold prices as exports from American ports rise, while demand from China and Japan’s financial upturn bolster sentiment. German trade weak, while refined copper offers retreat as Fall buying by operators supports prices.
MENTIONED IN THIS ARTICLE
Atlantic
Wall Street
Germany
China
Déalera
London Standard
Stock Voting Methods Across Nations and Its Effects
The article surveys how France England and other countries limit voting power to curb minority oppression, contrasting with New York and U.S. practices. It cites examples from Imperial Ottoman Bank India Nationale Bank of India National Bank of New Zealand and other banks, noting that stricter limits raise small holders' participation and reduce central control, while U.S. strict majority rule often harms minority stockholders.
MENTIONED IN THIS ARTICLE
Equitable Life
France
England
New York State
Imperial Ottoman Bank
Nationalea of India
National Bank of New Zealand
National Bank of Australasia
Comptroire a’Escompte
Guggenheim Exploration Stock Split and Payment Timing
The Guggenheim Exploration Company faces a fixed time for the final 30 percent payment on its stock. The 70 percent paid shares lagged in dividends, causing a market gap with the full paid stock. As the 30 percent call approaches, the price gap narrows while overall company fortunes rise. par value moved to 160 bid with recent sales slightly above.
MENTIONED IN THIS ARTICLE
Guggenheim Exploration Company
Also Mentioned on This Page
Morocco
Wall Street Directors
Japan
Yokohama Specie Bank
Speyer & Co
Cuba
Windy City
Duces
Man
Guggenheim Exploration