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This newspaper page contains 10 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 04, 1920
Page
8
Federal Reserve Governor Harding stated the question of loan refusals to prevent inflation would be decided by banks. He spoke in reply to a report and emphasized that banks were not asked to settle a pledge.
A fragmented report notes Texas company dividends and stock movements, including a quarterly dividend of 75 on the naw orook of $25, par value shares, and a 13 parute dividend on dune. It also references Kellogg Switchboard votes to increase capital to 325 for 8 tre, and mentions various financial actions involving banks, trusts, and exchanges in New York and Porto Rico with dates around 1930.
A clipped market list shows bids and railroads with notes on various locations including Albany Boston Malin and Western lines. Names and exact figures are fragmentary but indicate a Northern section listing railroad items and stalls.
The article notes a broad rise in cotton prices as bullish factors dominated trading yesterday. Early sessions showed irregularity due to favorable general business conditions, but buying resumed with follow-on demand from recent sellers. October deliveries moved higher, with the market closing at a net advance, reflecting renewed optimism in the fiber sector.
Established firms report ready funding from commercial banks to cover ongoing needs, while newer ventures struggle as high discount rates and Reserve Bank deflation worries linger. Banks differentiate essential from nonessential projects, with well-capitalized lenders still serving old clients, and open market rates showing partial adjustments. A broad silk and commodities scene reflects subdued demand and price instability, with Japanese silk prices dropping and raw silk shipments easing amid slower industry activity.
Market reports show lower prices for most leather stocks with reduced production as cancellations and weak demand persist. Jewelry news highlights jet ornaments gaining popularity beyond mourning wear and a younger audience embracing bold black accents and novelty pieces.
Advices from Chicago claim the committee weighing reopening wheat futures trading nearly agreed to resume business on the Chicago Board of Trade and other U S exchanges by July 15 for December contracts. Opinion split on price direction, with export and transportation issues shaping potential outcomes amid uncertain demand.
Cuba and South America seek voiles as domestic market weakens. A converter has an order for about 400 cases from a South American customer. Demand for printed goods, including coarser constructions, is strong and finishing plants expect a 7 percent rise in June. Workers received a 15 percent wage increase effective June 1, cited as reason for higher finishing charges.
OCR text lists numerous names, firms, and items tied to a 1960s Baltimore style ad page. It names buyers, merchants, and brands connected to a large classified or advertisement section. The fragment references specific persons like Nicolas Kessel, Reuben Hopi, and Trond and mentions various cities such as Baltimore and Chicago. The text resembles a busy trade directory or ad sheet with many shop names and goods listed. It lacks a coherent single event, focusing instead on a mosaic of buyers, sellers, and product categories.
Fragmentary OCR shows a dividend notice related to Ford Shipyards Corporation with partial dates and record details unclear. The readable elements mention payment or distribution to holders listed in records around January, but specifics are missing.
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