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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Jun 19, 1917
Page
6
The market report notes June 1 1917 sales totaling 1 650 450 and year to date figures. It also covers daily ranges for stocks and bonds, call money rates around 6 percent, and a quiet London and Paris market with parley bourse trading subdued.
Amid 6 percent call money and steel price talk the market retreated as bears sold and bulls waited. Cotton advanced to its highest in 48 years while state banks eye Federal Reserve system membership as steel needs fuel optimism. Kennecott Copper strikes threaten supply as miners walk out at key Alaska mines.
Closing quotations show bids and asks for U S government bonds with percent yields and maturities such as 5% notes and 6% issues. The list includes prices bids asks for various issues and stock quotations for Adams Ex and Am Coal among others with multiple par values and figures.
Amendments to the Federal Reserve Act aim to concentrate gold reserves in Federal Reserve Banks to bolster the financial system. The measure now goes to the president after House approval, with officials predicting a major shift of reserves to the Fed to meet demands during heavy debt payments and Liberty Loan installments.
Market brief notes on Canadian North American rates with reference to security bids and July 10. Mentions price cues, bid activity, and a 160 level reading among traders.
The Treasury report lists receipts and ordinary internal revenue alongside miscellaneous figures. A fragment shows a figure of 71,868,077 in the document.
A damaged OCR fragment hints at a public notice related to a scheduled meeting. The readable parts reference a committee or group and timing around an event, but concrete date, place, or participants remain unclear.
The article outlines bond issue details with a 5 percent rate, notes issued to Philadelphia, and a 2 percent principal payment, with payment due by July 15. The text mentions a period from June to August and references scrip terms and selling indicators.
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