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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 02, 1920

Page

7

Unclear OCR shows corporate and financial terms in 19th century abstract

Fragmentary text lists entities such as Aus tra SAGE crorks and MULLER & SON with street references, bonds, common shares, and insurance terms. Mentions Pat fee and state secretary references, plus legal and treaty language.

Motormack Austra Sage Crorks SO Bonds Br Aueian H Muller & Son Liam Street Wensyanay GeAe Fogorga Vesey Street Wire Pat Fe Nzmiltaale

Bankers Back Discount Rate Rise Amid War-Economy Strain

Bankers broadly approved the Federal Reserve Bank of New York discount rate increase, arguing it was to meet crop and European trade needs. Leaders like A Barton Hepburn and Paul Warburg stressed it corrects an imbalance and must not harm client relations.

Federal Reserve Bank of New York A. Barton Hepburn Wisery Committee Chase National Bank Paul M. Warburg Nieuw Amsterdam Federal Reserve Bank New York Europe Minneapolis Reserve Bank Richmond Federal Reserve Bank Banka St. Louis Ase Kansas City Dallas

Soo Line Earnings Climb in 1919 Report

The Minneapolis St Paul Sault Ste Marie Railway shows a 1919 earnings increase with $14.12 a share on $37,810,200 capital stock after charges and taxes. Excluding the net item, earnings reach $14.92 a share, and federal compensation rises to $10,919,525 while net loss to the government falls to $5,272,110.

Minneapolis St. Paul & Sault Ste. Mariailway

Colorado and Southern Reports Higher 1919 Income

Colorado and Southern Railway Company reports net income of 1 763 945 for the year ended December 31 1919, up from 1 276 371 in 1918. After preferred dividends, earnings stand at 3.56 a share on 41 million common stock. directors meet in Chicago Friday with probable 2 percent semi annual dividend on first preferred stock.

Colorado & Southern Railway Company Yeaterday Chicago

Pierce Arrow Board Elects New Officers and Directors

Col Charles Clifton is again named chairman of the Pierce Motor Car Company board. John C Jay becomes chairman and head of the executive committee with Col George W Mixter as president. Other officers include W J Foss vice president, W C Pearson secretary, and M F Forbes treasurer. Walter P Cooke joins as director. The firm reports strong factory earnings and reduced inventories despite a poor traffic outlook. American Sumatra Tobacco increases common stock from 16 million to 25 million to finance note conversions due by 1921.

Charles Clifton Pierce Arrow Co Pierce Motor Car Company John C. Jayer George W. Mixter Jay Mr. Jay W. J. Foss W. C. Pearson M. F. Forbes

Bond Offering Planned Here by Czechs

Plans for a $25,000,000 external loan by the new Czecho-Slovakia republic are underwritten in the United States. F. G. Haficek of Lawndale National Bank in Chicago leads the arrangement with a chain of about 130 banks. The issue would be $25 million in 6 percent bonds due in ten to fifteen years, largely absorbed by Czechs and Slovaks in America. Proceeds would finance raw materials purchases, with funds kept in the U.S. to support trade.

Republic Czecho-Slovakia Tribune F. G. Haficek Lawndale National Bank of Chieago Fi Association Hank United States Oldrich Slavik Rudolf Waigrer Bohemia Czecho-Slovakia Banking Corporation Prarie Ched Bhipedal Slavik New York Sinking Fund

Also Mentioned on This Page

Equiest Kelley, Drayton & Co Erchanga Lord's Court Carib Syndicate Sweets Co Am. LS Merritt Oi Island Oil Wolfe Broad ST R.H. Macmasters & CO Prichitt & CO Stock Exchange Broadway New York City British-American Tobacco Company Ofice Guaranty Trust Co Lombard Street A.M. Rickards Westminster House Millbank London S. W Thalia & Yeuda Stated Coal Co Common Pia Inrmsghath Healy Co Usste Avontese Mijetome Laverson, Joweon & Loasret4 Ai Gun & Blecinis Fee Pam Camery Co-operative Orin Traan A Oie Engineering & Machine Fa Facara Fatal Gorga Common Wena Venga Tien A Traction Co Ee Soo Jorney Lite Incuranes Co NP Janm Séemenry Shnegeralin Eis “Corporation Deyty Reserve Bank Hepburn Warburg Soo Line Colorado & Southern Report Sumatra Sumatra Tobacco Company Lake Shores Peoria Fe Liberty Doe & Hs Don Ie Lehigh Rey Do Repub Victor Tat Mts Do United Manhattan Liberty Bona Footer Tay Sey Ie Steel Do San Ey Wat Iowa An D. Gol. Ga Nates Cuba Dominican’ Republic Chy Fc Tvone Do Horfraux Siam Pa City Hon Deansie Rann Norfolk & Wev Bonn Texas Rep Cubass Mare Great Britain Ore & Caint Ed Paen Aneda Rane West Marsa Gcoo Am Smelt Ba Ri&p Bae T&t Ns Aginn Ann Achor Armour & Co COOK ATES Ty Distillers Bono Beth Feel Great Northern Ohio Linatana Kloel Enonmal Rte Ta Mat Interdor Ranags City Kan New Republic Milwaukee & St. Paul Southern Railway Seton Incoma Thor Monthagroen Ainatedne Tly Loulaville & Nashville Amiontiegroge Magtt ORS Inc Eine Philadelphia Reading Apt Gran Sezen Orn Amamine Grogn Messrs. J. P. Morgan & Co Guaranty Trust Company of First National Bank of N. Y the National City Co Bankers Trust Co Central Union Trust Co National Bank of Commerce Liberty National Bank Harris, Forbes & Co William 4. Read & Co Kidder, Peabody & Co Lee, Higginson & Co Central Trust Co Illinois Continental & Commercial Trust Savings Bank First Trust & Savings Bank Illinois Trust & Savings Bank Halsey, Stuart & Co Belgium Brussels Vieia J. P. Morgan & Co Curtis & Sanger Boston Wall Street Francisco Kelly-Springfield Tire Co Liggett & Myers Tobacco Co T. T. Anderson Stone & Webster Incorporated Milk Street Dearborn St City OF Board OF Estimate and Apportionment New York County Pal Guy Lowell Fifth Avenue
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