War Economy Talks Shape Bankers and Rates
Wall Street follows War Finance Board remarks as Warburg urges solvent, bank-backed deals. Talks on public utilities, franchise costs, and rate revisions amid pressure to avoid bankruptcies while sustaining essential sectors during the war. Rising pig iron output contrasts with ongoing demand for war production.
MENTIONED IN THIS ARTICLE
Wall Street
Paul M. Warburg
War Finance Corportion
Direct Joané
War Finance Board
Warburg
Caderal
Finance Corporation
Brooklyn Rapid Transit
Money and Credit Laws In Tightening Money Markets
Government withdrawals and tightening money conditions were reported yesterday with call money at higher levels at the Stock Exchange. Banks restricted offerings while fixed date funds slackened. The Times maintained favored rates around 1 percent for regular majorities, contrasting with the previous year.
MENTIONED IN THIS ARTICLE
At & Mer
Porphyry Coppers Cut Dividends
Porphyry Copper mining firm reports dividends and distribution figures last week. The release lists multiple company components and receivership style notes, including figures attributed to Circulavion and China Ray and Nevada Console Hub, with various sums in the hundreds of thousands to millions.
MENTIONED IN THIS ARTICLE
Werksen
Hiners
Tallone
Kosarve
Nobba, Reins
China
Ray and
Nevada
Dennairy
Uinh
Foreign Exchange Markets and Bank Rates Report
Daily financial bulletin outlines English pound and Italian lira values, mixed collateral rates, and U S money stock as of June. Notes London exchange quotes, Bank of England reserves, and French and U S banking clearings, with dividend updates from China and Nevada companies.
London Money Market and World Capital News Digest
Money markets steadied at 2 percent with short bills at 44 and three months at 10. Gold premiums cited and Paris and London trading quiet. oil shares buoyant, mining and rubber sectors improving. Trust Company chief resigns. Hampden trial details reveal strained Boston and Maine relations.
MENTIONED IN THIS ARTICLE
London
Londan
Lisbon
Paris
Lonnon
Te Mingo
Tore le Ta He Waz
Increase in French Bank Loans Authorized
Paris reports an authorized increase in the Bank of France loan to the government. The Chamber discussed raising the allowed lending to the government by a substantial billion-franc amount, expanding the liquidity facility and government financing options.
MENTIONED IN THIS ARTICLE
Paris
Chamber of
Bank of France
Railroads fear income loss as government orders loom
National Association of Owners of Railroad Securities led by Dayton Warfield warns banks and big financiers may face impact from government direction of railway contracts. Railroads fear income drops if Director General alters wage scales and maintenance costs during a three year period, with direct talks to come if consensus not reached.
MENTIONED IN THIS ARTICLE
National Association of Owners of Railroad Securities
Dayton Warfield
Hick Pedora Railroad Administration
Bond& Fun
Grand Central Erminal
New York Fed Ends 1 Cent Service Charge on Outgoing Checks
The Federal Reserve Bank of New York will drop the 1 cent per item service charge on out of town checks sent for collection starting June 14. The move, to be adopted by other Reserve banks, aims to speed transfers and reduce delays in interbank dealings, with telegraph lines and private lines replaced to expedite transfers to other districts.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of New York
Federal Reserve
Federal Reserve District
Por
Reserve Banks
Federal Reserve Board
Washington
Banking Corporation Takes Over Two Foreign Branches
The American Porelien Tanking Corporation has taken over two branches of Commercial National Bank of Washington DC located in Panama City Panama and Christobel Canal Zone. The deal creates an interest in the American Foreign Banking Corporation formed to support international banking in U S territories. Archibald Enins, ex governor of the Federal Me, presides over the bank capitalized at 2 million dollars. The stock in the entity is owned by banks nationwide.
MENTIONED IN THIS ARTICLE
United States
Archibald Enins
Federal
Ferve Bank of San Prancilico
Fon
Market Barometers and Stock Exchange Totals
A fragment listing market barometers and stock exchange figures with multiple dated totals for stocks, bonds, and railroads. The entries show large aggregate sums and varied daily values, reflecting overall market activity and sector totals across different dates.
Doubt Cast On Guacunty Trust Company Affiliation
Unclear claims regarding the Guacunty Trust Company joining with Studebaker Corporation affairs were denied by a bank official. The report notes the bank already serves as a client and discusses broader currency shifts, taxes, and international banking concerns including Italy and England.
MENTIONED IN THIS ARTICLE
Studebaker
Guacunty ‘Trust Company
Studebaker Corporation
Fm 4
Financial Way
Hut. Institution
Alfis Chalmers Declares Quarterly and Special Dividend
Directors of Alfis Chalmers Manufacturing Company announced a dividend of three quarters of one percent for preferred shares yesterday. The payout follows an already declared quarterly dividend of one percent and reduces accumulated dividends on the preferred to about 10.6 percent, with payments scheduled next month.
MENTIONED IN THIS ARTICLE
Frico
Hyrom
China
Rey
Nevvaila
Hie Chinn Clipper Company
Rey Gan— Soliinfod
Cnar
Nevada
Wteh
Dra
Wall Streth
China Commany
Murely
Uie
Alfis Chalmwra! Manufacturing Company
Hick
Corporate returns and mine surplus push year figures
The report shows varied 1918 earnings across firms. New York & Honduras Rosario Mining posts 1,876,818 net income after taxes. Keystone Tire & Rubber and Pacific Gas & Electric report mounting monthly earnings. West Penn Power and Rutland Railroad post gains while others show fluctuating surplus and net income. detailed figures cover April and four months ending in April, with dividends and depletion, taxes, and regulatory costs noted.
MENTIONED IN THIS ARTICLE
New York
Keystone Tire & Rubber Company
Pacific Guy & Electric Company
Apel Wise
Rosa
Auralua
Chargey
West Penn Power Company
Yea Mittaburgh & West Virginia Railway
Woxp Side Belt Railroad
Mpeg
Jeroan Toxenieff
Slutrtn
Slutrtn, Nek
Careus
Marine Deal Faces Delays After Dire Need for Stockholder Vote
Talks over the sale of the British Absots fleet by the Marine Mercantile Company run into complications as directors warn negotiations could be delayed. The meeting set a stockholder vote for the next price schedule while markets pause amid uncertainty. preferred stock dipped and common shares slid as investors weigh the outcome.
MENTIONED IN THIS ARTICLE
Absots
Lonange
Mercantil Marine Company
Cynicaley PA
S Peanhith
Imperinits
Invita
Ioc
Veaterdiy
Stee Franklin Vaplainten
isUul Afeaildasl
Tie Beard
Wall
New York Chamber Opposes Deposit Guarantee Bill
The New York Chamber of Commerce adopted a resolution opposing Senate Bill 4426 to create a government deposit guarantee fund for national banks. The finance committee quoted the New York Clearing House Association's May protest and urged rejection of the proposal, citing potential costs and risks to the banking system.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
State of
New York
Stambery
Frank A. Ven- Kerlip
A. Z. Wigelt
J. 4. Alexander
William Woodward
George B. Cortelyou
Theodore &, Burton
Thomas W
Uthe New York Clearing House Association
War Board discusses vast loan needs and credit risks
A historical report notes the War Board examining applications for billions in credit to back government programs. It contrasts potential markets and the Federal Reserve, warning about inflation and the risk of overprinting currency while urging prudent, limited expansion.
MENTIONED IN THIS ARTICLE
Ucderatiod
Copper and trade echoed in wartime US Germany outlook
A damaged Europe era report discusses copper demand and wartime production in the United States and Germany. It notes copper shortages, inflationary pressures, and expectations that German markets will shift as Allied and American trade policies shape supply chains and industrial output amid the ongoing conflict.
MENTIONED IN THIS ARTICLE
Wesley
United States
United
Sinth
Germany
Han Wade
Gremeny
Also Mentioned on This Page
American Public Service
Diam Peety
Pennsylvania
Samubaninieg
Texay
Thomas Nat Garnings
Heceanmingih Sniean Symi
Atria Teat
ATES
Correrprocess
Boosim Cy Citlen Banute
Krinn
Spencer Trask & Co
Broad Street, New York
Aibixy Hoston
Opicaco Mealers New
Vir Block Exchange
Morgan & Kane
New York Stock Exchange
Broadway
Telephone
Exchange Place
Menwers Sime York Bleck Feekangt
A. A. Housman & Co
X. Mock
Seation
Broad Street
West
Liggett & Drexel
Boson
Harris
Forbes & Co
Pirie Street
Carmes
William Kew York
Japan Gazette
Maneharin
Kwantung
Wixn
Brasil
Wien
Atilis
Brond St
International Mercantile Mariné Company
Yaxter
Slanover
Wong
Berlin
Vie Shell Factory
Ein
Jy Hmeanoe
France
Britain
Money and Credit
Tink
Howlin
Gander
Tati Gees Tne
England
Londin
Paria
Eligibveton
Boston
Sub-Treasuryi
Sub-Treasury
Mexico
Manco
Treasury Department
R G. Din & Co
Dank
Hank
Bank of England
Bank of Ngland
Gall Holdings
Csiss Aa Gullders
Stockholms
Copenhagen
Kry
Philadelphia
Cleveland
Richmons
Atlanta
Chicago
Minneapolia
Kansas City
Yatta
San
News Digest
Trust Company
Henry O. Strahmann
Ito Hudson Trust Company
Hampden TR
Remb
Springfield
Miss
Henry
Ely
Stampden Railroad ‘Corporation
Josey
Boston & Multip
Chares S. Mellen
Via
Boston & Maing
Grand Trunk
Ehsanr
Hw Road
Grand Trim
Boston & Marine
Finmpden
Abe
Boston & Maine
R. R
National Association
Federal Reserve Bank
Stock Exchange
Honda
Ail Banda
Siig
Custom House
Chile
Banhery
Teniely
Italy
Lord Colwyn
Banking Combine
Monty Trust
Danositora
Bank of Eneland
LANTY
Alfis-Chalmers
Rutland Railroad Company
Bion Torrhe Vice Teaboudlak
Z. W. Woolworth Cotupsny
Mr. Franklin
Benjamin Franklin Jay
Lash
Financial Reports
Carl H.pforzheimergco
Picer Manufacturing
Springfield Coal Me
Frederic H. Hatch
Pteres
Metropolitan Trust Co
Babu
Solsus
Meng
Sear Saez
Gel
Mathey Saarillaa
Syanne
Agaimet
Seiustor
Wheeling & Linke Erle Railway
Sneewase
FSI Ssr
Celle! Sims
Incoma