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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Dec 22, 1920

Page

8

Cotton breaks lower as spring contracts hit new lows

A broad downturn in the cotton market drags spring and summer months to fresh seasonal lows. January contracts slide to 14.75 cents, March to 14.46 cents a new low, while Easter spot markets in the Southwest show weakness and Wall Street selling increases. The War Finance Corporation bill tempers buying as analysts note large Southern supplies keep prices sensitive to any uptrend. Local spot activity is quiet with no reported sales as prices fall across regions.

Wall Street War Finance Corporation Ranguren

Fragmented Cotton Market Notes Across Cities

The report summarizes erratic cotton prices and market activity from multiple ports including Augusta Fort Worth Galveston New Orleans and Savannah. It notes lower points in Augusta and Moblin declines, while Balles and bales figures are mixed with quiet markets in several hubs.

Teese Augusta Quitt Wales Bales Moblin Savannah Wacine Mitaling Tanuney

Mine Purchase Reported in Minas Geraes South America

An unconfirmed report from Queluz in Minas Gerais states that Morro da Mina’s Garnese mine, said to be the largest in South America, has been purchased by North American interests for approximately 4 million dollars.

Investment guidance on public utilities and railroad bonds

The Tribune answers readers on valuing public utility securities and railroads. It discusses sinking funds for long term protection, equity margins, and earnings ratios as indicators of safety. It notes railroads generally offer lower income returns, with possible improvements through favorable legislation and notes a selection of preferred stocks across several issuers. The column emphasizes cautious selection, denomination considerations, and that Sunday issues provide extensive investment guidance.

Coch Railroad Makin Howaver Stucka Norfolk & Woeslery Chitago & Northsyern Mite State Bobhene Muot Steel New Jersey United States Rubber Texas Power Utah

Stock Transactions Reported By The Law Journal 1929 Offering

A 1929 funding plan prepared by Royal Securities Corporation and partners outlines a twenty five year funding and parent structure with $6 800 900 in funds and a face value of the issue. Net earnings for the first term are reported at $7218 082 with profits about eight times the manual income. A sinking fund is projected to accumulate at least 8M percent before maturity to ensure repayment.

von Tate Vonsder Harris F & Coe Rotting & Lone Parkingon @ Sart Vein & Bure Ihe Royal Securities Corporation Jaye Suilvsidiariws

Also Mentioned on This Page

The Royal Bank of Canada Capital Upiice Reserve Fund London Canada Entene Dominion Government Reserve Fund H. S. Holt Montreal Edson L, Pease C. E. Neill Auditors’ Certificate Caplanalion Auttitorn New York William & Cedar Streets F. T. Walker J. A. Beatson E. B. McInertfey Ottonsesd Biss Btn Anieen Fran Se Hs Ag Miesuusinal Teiver Paws Tgry Errhinsthates Py An Gan & Hiratrlo Standard Oil Companies Spiran Bayer Aneto-Amy Hannie Averinan Public Villatten CNL Erin Esler Ual Wea Ais Republic Draper Hina OL & Tina New York City Steel Land Bank Randa Investment Information Othore the Tribune Nassau Street Anavonda Rock Island Zare Ayia Panne Ayia Panne Sy Tailroadz, Gertsinls Rookland Ennman Tok Jaeuen Avant Musican Gites Ghose Machinery Peteieuin Company Ie Panama Ead Arnie Ann Biteery Pati TalNaw Mtntia Giebe DaVont Wentward Am Cyan Ky Savin Gansin Coy Imulea Ee Growelli Tee Lean Petroleum and Transport Company Tobacco Stocks Sheen Ask Cory Clair Cupuibien Baltimore & Co Louis San Raniion Pine Staten Teutcher Tenbner Eminat Furs Conensagen Tonia & San Franciscn Jane Teeny Hong Theh. Law. Die Rte A. Ware Vierudon Wahay Welln Morland Western Pacific de Untary Trust Guaranty Trust Company of Broadway Pizza Avenue Orrion Fish Avenue Te 44Th Street Madrion Madison Avenue Capital & Surplus Grasp Street Grand Berret Farmers’ Loan and Trust Company William Street Fifth Avenue Forty-first Street Paris Federal Reserve System and New York Clearing House Radio Corporation RIDV Ms Relly America Europe Radio Corporation of America United States World Wide Wireless Organization of the Sweden Denmark Germany Poland ECA France Pep Searc Momerees Fee Delwar Mesconiprams Grp Edward J. Nally Oren Broad Street Broad Barclaw Rata Pam Fieth Ave Vanderbilt ADWAY Ashland Milk Street Boston Stone & Webster Incorporated Dearborn St Chicago Anderson, Brown & Co Philadelphia Cleveland Pittsburgh Detroit
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