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This newspaper page contains 14 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 07, 1919

Page

38

Markets End Mixed After Morning Rally Near Noon Decline

The stock market swung to a volatile close with no clear gain or loss as noon prices fell from morning highs. Declines hit Allied issues while gains in Atlantic Gulf West Indies and General Motors helped, amid altered by bank interest and trader psychology.

Uist Mhlebs American Woolén Studebaker Gais Atlantic Gulf & West Indies General Motors Paciic Worthington United States

Marine Plan Opposed by Big Interests

Daily money market and bank rate report notes mixed collateral call money opening at 3 percent, rising to 6 1/2 percent, with industrial collateral loans at 6 1/2 percent and ending at 8 1/4 percent. Banks limit long loans, and compared with year ago rates show higher call and time money. Bank clearings and reserves at Bank of England and Bank of France highlighted, with notes on gold and circulation changes and upcoming corporate voting developments.

Indus

Market trends hint at cautious rise amid labor and trade signals

Market opinions point to a tentative upturn as labor tensions ease in Pittsburgh and surrounding cities. Foreign exchange rates show firm sterling near 4.60 while U S dollar values drift. American International Corporation opposes selling British assets of International Mercantile Marine, urging retention to protect American shipping interests.

Gen Dent Wisilam Intiatngue London British Syndicatn Juno Mones Mercantile Marine Ciner Gina American Internacional Pene Corporation Directors Nstruct Apme Tradéra Raiia Stefan Tire Neo Aga Stenling Eixtyr Belgium Gulldyra Sweden Baden Denmark Norway Honetas Japan Argentina Eléeka Cublox Brazil Rio Coun Rencon Finland Slovakia Ceria Austria American International Corporation International Mercantile Marine Stork To & Lohdan Syndicate Daniel W. Blumenthal Maurice B Chandler Bros. & Co Tn Wet Tittle Inter Are Weeston Mie Corporation International Marine Company Aif Americal Company Kreal American International Corporation Directore Colinarsy Tharn Donald Geddes Stork Exchange Fem Clark Tadeo & Ch LM. M

Bank of France reports and American Car and Foundry deal denial

The Bank of France weekly statement shows changes in francs including notes in circulation and treasury deposits while American Car and Foundry Company officials denied reports of a deal for control of Hankell and Barkar Company. At Hankell and Barkar's office no one would discuss the matter.

Bank of France Paris Bank of Franca Bank of France Varis Halvorth Treasury Inc Howndtna

The Steels and the Coppers Mentioned by Shonnard

The excerpt notes that specialities may attract sporadic notice but a broad sustained rise cannot occur without these two groups. The line attributes the emphasis to Shonnard, Milla & Co.

Shonnard, Milla & Co

U S May Get Big Stock of British Gold

A Toronto dispatch reports Ottawa confirms the Bank of England has deposited a presidentially large gold hoard in Ottawa, possibly over 20 million dollars, with Britain seeking a reliable gold basis for future sterling loans as South Africa and Canada feed a steady flow to New York.

Toronto Dinance Department Ottawa Bank of Englarths Pantidential i Vrominent Torontis Bankera Ottewa Bank of England United States Great Britain Worll South Africa Gila Atawa New York Great Rehan Britain Conidae Catie Ustiwa

Martin Parry forms consolidation with Martin Truck and Parry

The Martin Parry Corporation consolidates Martin Truck & Body Corp of York, Pa, with Parry Manufacturing Co of Indianapolis. The organization meeting names directors including We Tripp, James Shaw, F. My Small, 80. Py, Walter R. B. Herrick, and Gonreef Walbridge as key officers and board members.

Martin Parry Corporation Martin Truck & Body Corporation Yorks Pa Parry Manufacturing Company Indianapolis Indy Witt & Capital Mutu Avi Organisarion Iowa Bie We Tripp Bie We Tripp, Chairman of the Boal of Directors Weoatinighyase Wheerrle & Manufacturing Company James Shaw Kagushi Sachiod & Kuling F. My Small Oper Martin Truck Commons The Dare Manufactuing Company Walter RB Herrick Heryrk, Borg & Company Gonreef, Walbridge Rontitshi Cumpins Inc

Credit for Italy Ties up $10 Million Relief

A plan was announced in Washington for a 10 million dollar credit to Italy. The move is part of broader relief efforts, with a total estimated impact near 15 million dollars and a fiscal note around 9.8 million.

Italy Washington Wrewsnes Carnbess Anil

Lackawanna Earns 30.35 Percent on Stock

The Delaware Lackawanna and Western Railroad reported a 30.35 percent earnings on stock for 1818 with a surplus of 12,834,952 and 42,277,000 outstanding capital. W H Truesdale, president, said full amount should be collected. government takeovers affected income and expenses rose due to wages, fuel, and supplies.

Delaware Kawanna and Western Railroad Steck W. H. Truesdale com+ pups Weneral Rosa D. L W. Ins The Gov

Economic indicators mixed in uneven April data across sectors

Partial OCR style data shows broad measures including gold reserves, federal reserve notes, price indices, steel and iron output, wheat and cotton shipments, and bank clearings. The figures are fragmentary with multiple years and currencies, reflecting a snapshot of economic activity and price levels.

Asoar Aanom Misra Serene Sect Sagi Billy Fel Eral Barks Ojcesienss Federal Reserve Ecu Taut Apt Becdustians Tone Ieee Ciise Isis Dir

Foreclosure Authorized Against New York Railways

In a United States District Court yesterday Judge Mayer granted Farmers' Loan and Trust Company permission to sue New York Railways Company and its receiver Job Hedges. The action, tied to the January 1 adjustment portgage and $35,000,000 in 30 year bonds, seeks to secure legal rights of the test company amid defaulted interest and the railway's receivership. The suit aims to safeguard the lender's rights and may not be brought to a final conclusion.

Us Railways Mayer Unite States District Court Farmers’ Loan and Trust Company Trus‘es New York Railways Company Cuic

Fide Water Oil Reports 1918 Earnings Per Share

Fide Water Oil earned 17.69 cents per share on total income after all charges and federal taxes for the year ending November 31 1918. Total income was 4003 or 17 69 per share on 31 9 million capital stock. Gross sales rose to 31 083 250 from 22 950 838 prior year. Production costs stood at 26 1875 compared with 18 46702 last year. Operating profits totaled 7 890 3 A. Federal taxes of 1 767 837 were paid. Dividend share was 6 608 0% of last year.

Fide Water Oil Tile Water Oil Company RENN Wross Halden

Cotton markets slump amid liquidation fears and muted demand

Prices in the cotton sector fell as liquidation continued at major houses with losses ranging from 8 to 6.60 per sale. October dipped to 17.79 while July slid to 28.75, amid weather-borne crop worries and tepid goods trade. Export activity remained modest with spot markets showing thin demand and futures trading largely unchanged.

Liverpool Boston

Wall Street Items and Financial World Notes

Wall Street items detail executive moves at Tirman & Walcott and Bunhirw Trust, with appointments and resignations across several banks and exchanges. Market reports show mixed activity as hog prices slip while cattle demand weakens. Argentine shipments to the United States rise amid favorable weather.

Éork

Also Mentioned on This Page

Potentia Jmar Opinon International Mercartife Marine Yast Max Zemale Money and Credit Banka Joston Chicago Hiladelmnia Genveal Ted Renms Teave Bi Chapin Jose Pittaburgh Toledo Clavelanr Milwauken Andhicaga Clark, Chills & Co Etocke Committee For Protection Seddes Fidddes Adder Chicago, Milwaukee & St. Paul Railway International Mercantile Marine Directors Bronk A. Vandertiys J. Ml. ML Wna Friends John W. Hatton United Mortgage and Trust Frederick W. Scott Baltimore International Mercantile Marine U. S Dominion Canada New York City Form Big Auto Body Company Central Union Trust Company OF Broadway ST . Madison Ave Fifth Ave Commercial Letters Member Federal Reserve System Lackawanna Truesdale Wwe Ieee Flonan Ey Oy Growa Railroad Bank Clearlnge Apindlen Commercial Fallvens Industrials Taverna Wasihhug Te Hee Grant En van Leben Comupany Skye Salen Dales Ek Une Hondas Mit Urea Hatiday Lanwany Wall Street Reginald Ff. Mullerisn Ty. Jotann & Walcott Besoin Bond Bunhirw Trust An Carea Talatvision Chemical Tarjaration of New Jersey Corporation ‘Trust Company Tranatee Tiemann Alterta Tig Francis Neeler New Vall Danbury Jone Deen Emi Tae Aweerdy Columbus Wnone Bari Chatham & Phenyl National Bank Temerdars A Verre Lt Ha Sapierbee Oata Festerday Jones Kane Lon Ein Standard Oil Comspagnes Fincon Buiepn Tage Witernatianes Miberliwang Ee Uetnor Pune Navin Mihir A South Whan Rysen Ween PeniMd Tikin Bane Pratt Oi Lenin Standard Araiurit QI Rebrasho Brandald Bilton Hlendaya Gigarian Bian & Binethee
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