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This newspaper page contains 12 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
9
The article reports a major steel firm reducing rail prices as part of a broader market move. It notes a large corporation revising costs, the impact on independent producers, and expectations for further price adjustments amid market pressure and demand signals.
Stockholders of the Jeduuare Lackawanha & Westar Company ordered an increase in capital stock from 36,000 to 40,000. The dividend, payable to stockholders today, was declared yesterday accompanying the capital rise and reflects the firm’s strengthened financial position.
A jumble of prices signals downward pressure as curb market activity wanes with limited backing. Several commodities and stocks show declines while a few hold steady or slip only modestly, reflecting weaker demand and cautious trading across the industrial sector.
London money market report notes bar silver at 4 0 4 per ounce and bar gold at 11 9d. Money rates quoted at 4 plus per cent with discount rates for short terms around Jus and three months at about 1 per cent. Gold premium at Lisbon listed at 140.
The market indicates reduced buyer interest in wholesale trade, attributed to holiday timing and cautious retailer behavior. Reports cite slower demands in hosiery and underwear, with production likely to rise later as prices stabilise and lenders grant postponements. Some notes suggest liquidity easing and varied discount rates among banks, while confidence remains mixed amid lingering supply concerns.
A dubious syndicate proposes forming a venture to import foreign woolen goods into a bonded warehouse, aiming to exploit a higher ad valorem rate and avoid duties by reexporting to England, while seeking favorable tariff terms and midyear adjustments. The plan hinges on legal allowances and timing to maximize profit before penalties or regulatory changes.
The piece discusses apparel sector prospects, noting hopes for spring demand and potential price stability in ready made garments. It contrasts retail apparel trends with silk price movements, highlighting cautious selling by suppliers to weaker garment trade members and uncertain raw material costs.
Leather goods demand remains normal says a dealer amid fluctuating wholesale talks. Analysts note a seasonally adjusted consumer interest, with prepared for holiday spending and suppliers reporting steady orders for wallets belts and small leather accessories. An eye on price competition persists as retailers anticipate postholiday restocking plans.
Fragmentary report shows a liquidation push in men’s clothing near end of wholesale liquidation. The piece references the National Association of Clothiers and a pamphlet plan aimed at manufacturers. It notes demands for uninterrupted flow of orders amid liquidation pressures and hints at broader national needs.
A dense OCR fragment lists numerous person names, firms, and places across multiple regions and industries including Avery, CHIVADU, Dayton, Harrisburg, and Philadelphia. The text reads like a sprawling classified page with scattered company titles, street names, and product references, ending with a note about continued text on the next page.
Singer Manufacturing Company announces a regular quarterly dividend of 7.00 francs per share on its 100,000 shares, with a plan to pay in French credits at current exchange rates. Stockholders may choose to hold credits for exchange rate gains or convert now, as the company notes the present market rate could impact value and mentions a prior 10 percent regular rate.
The Board of Directors of the National Biscuit Company declares a quarterly dividend of 1 3/4 percent on the total stock, payable January 19, 1921, to stockholders of record at the close of business December 31, 1920. Transfer books remain closed.
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