Trend in Finance Sees Railroads Lag While Industry Gains
Last week the Trend in Finance notes a pull apart of railroad and industrial shares with industrials rising to highs since 1920 and railroads easing. Speculation centers on wage and freight rate cuts, mergers revive basic industries, and a six company steel merger progresses among three survivors. Sterling gains strength as Britain moves from pegged rates, aiding European finance. A $1.0 billion stabilizing loan for Germany and Mexican debt talks surface, with secrecy and cautious optimism as bankers seek firmer Mexican finances and creditor settlements.
MENTIONED IN THIS ARTICLE
Tobacco
Surat
Germany
Banke
J. P. Morgan
Paris
Adolfo de la Huerta
Mexico
Council of Nations
Obregon
Market rates drift in mixed fashion amid government payments
The text notes a higher call loan rate as investors focus on monthly government disbursements. Spacius funds rose to 4 percent for the first time in two months while the renewal rate reached a peak, signaling temporary strain. Despite this, commercial paper moved more freely at the 4 percent level, suggesting underlying liquidity.
Supreme Court rules for preferred stockholders in Reading case
The Supreme Court modifies the Reading decision in favor of preferred stockholders and declares Southern Pacific's ownership of Central Pacific unlawful. The Week in Retrospect outlines the week’s key legal and corporate moves across the era.
MENTIONED IN THIS ARTICLE
Supreme Court
Southern Pacific
Central Pacife
SDAY
T. W. Lamont
A. de Is Huerta
Midvale
Republic J and Steel Companies
London
Kansas City Southern Net 9.2 Percent on ICC Appraisal
The Kansas City Southern rails prompts a protest over the Interstate Commerce Commission valuation. In 1921 net operating income reached 4,553,000 or 9.2 percent of the value fixed by the commission. The 49,448,000 valuation contrasts with the firm’s claim it should be 60,000,000.
MENTIONED IN THIS ARTICLE
J. A. Bason
Kansas City Suthers Railway
Kansas City
Aoland
Fundensaligy
Stock Exchange Dealings Summary and Bond Totals
Summary of stock exchange dealings shows government bonds and railroad and other bonds with multi year figures. Includes totals for all bonds and for specific categories alongside prior year amounts and current values.
MENTIONED IN THIS ARTICLE
Government Bonds
Investment Securities
Foreign Exchange
Letters of Credit
Range Year Ago Market Figures From Jan 10 Listing
A scrambled OCR page shows a stock summary with broad categories including Industrials Railroads Utilities and Stocks. The data includes low and high ranges with figures like 71.80 70.32 75.25 and other fragmented numbers for various sectors and railroads.
Price Trend of the New York Stock Market 1919 1920 by Weeks
Weekly average price of twenty rai months since January 1921 tracked for 1919 and 1920. The data shows weekly fluctuation of stock values through the two years, reflecting market trends and volatility during the postwar era.
MENTIONED IN THIS ARTICLE
New York
Listed Stocks Transactions Week in Market Ledger
Weeklong trading activity shows numerous U S and foreign equities with mixed gains and losses. Notable names include Continental Consolidated, American Tel and Cable, American Smelting, Anaconda, Northern Pacific, and Atlantic Coast Line with varied prices and volumes across sectors.
MENTIONED IN THIS ARTICLE
Halengh
Adams Expres
Soerse
Ajax
Conent Distributors
Alacke Junean
Comal Can
Alaska Gold Mines
Allied Chem
Continental
Allie Charmers
Condon & Cor
Condon & Cor Ax All Amer Cables "150 Crucible Bteet 14909 Arare Agii Chem
Amer
Neie
Delaware & Mudeon
Dal, Lack & Weet
Deere Ca
Detroit
Amer Chicle Dome
Amer Cation Oi
Dunent de Nemaurs
Eastman Kotak
Meron Brant
Amer Biel
Aner Tel & Cable
Amer Tel & Tel
Bato Amer
Aon Ameer Water Works
Amer Woolen
Gaitiland
Zine & Lead
Anaconda
Ann Arbor
Granby Mining Co
Gray & Dawe Rivets
Greene Cananes
Top
San Fe
Hires
Atl
Atlantic Coast Line
Mlantie
Hansen Alise
Atlas
Austin Nichols
Ues Dort
Avie Gabe Cae
Haldwin Lanco
Nahimore & Mhie
Bank of Commerce
Seana Barnet Leather
Tarnagall A
Inter Cement Asiopilas Mining
Bishem Steel
Marventer Do
Inter Mer Marine Ao
Inter Nickel
Max Oede
Seren
Iran Products Corp
Ee Wa Central Fhlyn Union Gas
Bree
Kelly-Hormisfield
Uderick
Callshaw Zine & L
Keystone
Lackssanna Steel
Et Central RR
Labs
Erie & Western
Cerra de Pasen
Ny Chandler Metals
Far Kahber & Tire
Cheaprake & Obie
Eahigh Vatley
Chie & Aton
Liggett & Myers
Hilinais Co
Lima Lacomgive Cole Gt Western
Ds of Laew’s Cn
Ine Chic
MIT
Lovee-Wiles Bineelt
Chie & Northwest Ac
Leariflard
Cie
Lacie & Newville
Chile
Cluett
Peabody
Cuca-Cela
Manhattan
Colorado
Iran
Colembia Gav & Elec
Hy Colorads & Beuthern
Arenes Marland
Martin Rachwell Martin Parey Corp
Mathieen Alle
Maxwell Motors
Eo May Dept Staves
Melanie Mingee
Middle States
Midvale Steel
Minn & Bt
Nat Cond’ & Gables
Boda
Also Mentioned on This Page
the National City Company
Brooklyn Edison
Sted
Mancisco
Los Angeles
Ofa O
Ted vi
Pullic
HM. Byllesby and Co. III
Broadway, New York
New Hives
Boston
Providence
Chicago
Ats
Rae ‘Stuaro
Spain
Madrid
Valencia
Bradford
Manchester
Exico
Vigo
Bilbao
Seville Ranches
Argentina
South Bank
LIP New Yor Agency
Uruguay
Brosway
Rice, Jr.&Co
Ray&Sell Barkers Trust Co
Babcock & Wilcoxin
Ind
Western Cima
Northern
R. R
Bliss JK Rice,Jr.&Co
Wands
Forbes & Co
Corner William New York
Equitable Trust Co
Clinton Cilbert
Sirel
N.Y
Rector
K. C. Southern
Kipper, Peabody & CO
East 42Nd St
Wepdossati
Prondonen
Berkeley Si
Edston
Baring Brothers & Co, UD
New York Stock Exchange
Redmond. Co
Brooklyn
Newark
William Street
Chenlie
Josephthal &Co
Broadway
Nae
York
New York Federal Land
Bull
Eldredge
Icre
New York Telephone Rector
Province OF
New Brunswick
Ralph W. Voorhees & Co
the Rector