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This newspaper page contains 11 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 06, 1915
Page
30
The Consolidated Exchange market showed gains with United Steel near 005 and Amalgamated Copper closing around 72 percent with a high near 74. The note mentions an advance in stock values and a speculative tone regarding the reactionary market conditions.
Financial markets show mixed reactions with copper and automotive stocks higher in late trading while steel and railway shares fall. The market steadied despite global tension from Italian disaster fallout and potential German actions, with bank reserves up and gold imports from Canada boosting liquidity.
The Stock Exchange firm of Acker Mann & Coles has dissolved as of the fiam Palmer Smith, ir, joins the firm of Hreese & Smith. New addresses announced include Walter L Ross at Post & Flagg 38 Wall Street William T Wisner at Carlisle Mollick & Co 44 Eschutige Price and Cornelius 5 Lee at Kissell Kinnbutt & Co 14 Wall Street.
Fragmentary OCR text describes monetary exchange, law notes, and public notices. Mentions London calculations, traders, and a list of names, with unclear dates and scattered references to assets and demands. The readable content centers on exchange activities and regulatory language without a clear narrative or outcome.
Officials rejected plans to issue bonds in the near future stating it will not be necessary until fall if at all. The company has $12,000,000 of Trenaconts rental Short Line gold 4 percent funds and about $82,100,000 California Aviona lines first refunditure gold bonds that could be used to raise new funds.
The report lists weekly stock activity with totals for the week ending June 5 1915. It shows shares traded 2 521 000 and compares to prior weeks and the year to date. Data includes highest and lowest prices for the week and year and net weekly changes across all stocks.
Trading on the New York Stock Exchange Saturday totaled 879000 in bonds, down from 2054000 on Friday and 1011000 the prior week. From January to date, rail and miscellaneous figures are listed, with year over year comparisons to the previous January.
Curb market activity in London shows Americans largely steady with few closings. Dealers report quiet trading with some securities near parity, steady money demand, firmer discounts, and short bill loan rates around 1 percent.
A shuffled table lists losing bids and asked prices for stocks that were listed but not traded on the Stock Exchange Saturday. Names include Kresge, West 34, and others with scattered figures showing bids and asks, indicating inactivity or halted dealings on the day.
The report shows weekly aggregate bank clearings across the leading states reaching 2 741 398 734 dollars with a 44 percent increase from the prior year. New York City figures suggest a 14 percent rise and a 6.8 percent year over year comparison. Average daily clearings and three year trends are provided. Monthly railroad earnings for April were released yesterday.
The Union Trust Company of New York, established in 1864, highlights its long history of handling personal trusts under agreement. It notes a specialized department managing substantial property for conservative clients across New York and other states where it operates, inviting correspondence for trust formation discussions.
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