Resumption of NY London arbitrage under new rules
The New York and London stock exchanges will jointly resume arbitrage today for the first time since 1914 with new arrangements. British selling of its securities in New York is expected, while U S traders may be limited by higher dollar exchange value and slower cable links. Major New York firms previously active include Boissevain & Co Post & Flare Paine Webber Co Halle Stieghit Bache Zimmerman Sutro Hirsch Lilienthal.
MENTIONED IN THIS ARTICLE
New York
London
Great Britain
Royal Dutch and
Shell
Amsterdam
Stock Exchange
Exchange
New York Stock Exchange
Boissevain & Co
Post & Flare
Paine, Webber & Co
Sumse Ae Seavey
Ine
Avunelal
Mouton
Tila
State of
Maine
M. Greene
Greene
Wing
New York Metal Market Prices Mixed Across Exchanges
The New York Metal Market shows weakness with Class A at 21 Toe and various classes quoted as markets stagnate. Copper spot and December demand 12.75¢, January to March prices indicated, while London and East St. Louis quotes also vary. Lead futures around £81 with spot near £19 3/4, zinc weaker at 5.8d spot, and copper futures unsettled amid limited tonnage sales.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
New York
Investment Questions and Stock Opinion Column
Investors' questions on low priced preferred stocks are addressed with initials for mail inquiries to Financial Editor at The Tribune. The column asserts safety of four securities, notes dividend histories, and cautions on speculative elements while weighing Victory bonds against U S government issues amid shifting market conditions.
MENTIONED IN THIS ARTICLE
the Tribune
Nasaai Street
New York City
Yanes
United States
Emerson Brantingham Dividends Show Limited Earnings
The Emerson Brantingham Company reports outstanding preferred and common stock totals of 1,170,000 and 18,152,500 par 100. A 28 percent dividend on preferred is due, but earnings remained modest through boom years. Managers say preferred dividends were skipped for now due to weak general business, with no action likely while conditions stay uncertain.
MENTIONED IN THIS ARTICLE
Gavnige
Linia Cigten
Hue
Mar
Tak
Elvitente
Uio
Pidelity Ohl
New Jersey
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Norfolk
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Morris, Forbes & Co
Pine Street
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Broadway
State Street
Boston
Widener
Philadelphia
Barstow & ComPany
Hanover
George E. Barstow, Jr
H. C. Conkling
Seth S. Spencer, Jr
Stone & Webster Incorporated
Milk Street
Dearborn St
Chicago
N. Y
Adirondack Power & Light
Ty Tate
American Gas & Ivethe
Soren
Areriain Bytter
Batt Shuren
Fiona
Elina
Stanaura
Western Childe Co
Ini Hi Ag
Asi
Michigan
S.ie
du Pont Paruyrs
Bennet
Ag Pt
Buly Pri
Adina Frye
Satern
Aske
Ytold
Jon P
Atelleway
Cahat
America
Grmenwich
Muriman i Geo
TAO
LE Nave
Linwiry
Re Tirunx
Levine
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Taras
China
Seri Polti
Jchar A
Sinthia Dena Kara Oan “ Chemical
Coal & Iron
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Se Ayia
Conungelute
Comieren
Watt
Trust and Surety
Lincoln
Dien
Ian ‘di
Jennity
Ternipire
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Kinga Ve
Ain AlInes Bais
Muanver
Llane
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Lawrie
Wort Hive
Tony Tn
Investment Information
Changas
United Staten Stuel Peecerre Ton Abares
Canishian Sational Teall
Teather
Securites
Pieres Arrow Preferred
Pament
Joe Arrow
International Mercantile Marine Company
Tate
Victory
Emerson-Brantingham
Ne's Bankers’ Union
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Ing
Modern Trust Company
Guaranty Trust Company of
Orriee
Fifth Avenue
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Capital & Surplus
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Municipal Securities Railway
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Dominion Government
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West Indies
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Rance
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Cedar Streets
Pras
Mas
Dir
Atchison, Topeka & Santa Fe
Ana
Pennsylvania Railroad
Newburger
Henderson & Loebers
New York & Phila
Ehances
Shu Firth Ane
The
Tribune
Investment Securities
Cedar St
Col
Trinity Place
Taylor & CO
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Wall Street
M-S-Watre & Co
Caa
Broad ST
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