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This newspaper page contains 7 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, 1920
Page
50
Financial column notes a cheerier mood across markets with reduced pessimism from two weeks prior. Bonds show little new action while equities slow, though investors foresee possible gains ahead tied to Republican National Convention signals and potential favorable economic shifts.
The article surveys energy demand and financial liquidity, noting a shift to cheaper credit that may help borrowers and lenders. It highlights oil shortages looming into summer, future dependence on foreign sources, and domestic shale potential. Agricultural prospects improve with wheat outlooks and rising corn acreage, while cotton remains weak. Merchants adjust pricing and cautious consumer behavior dominates but overall trade stabilizes as spending normalizes.
Summary of weekly stock dealings across railroad and other stocks and government and other bonds. Totals for year to date and prior weeks listed, with figures in dollars for major categories and bonds. Data covers January to recent week and compares last week to the year’s start.
An archival sheet shows stock and bond averages with numerous company names and figures. It lists values for Am Ex, Amer Drug Syn, Am Drake Bho, American Bell, and others, including high and low prices, advances and declines, and various dated entries. The data reflects a broad market snapshot with cross references to firms such as Almas, Allis Smelting, Anter- Collen, and Union Geri. It captures a dense table of percentages, prices, and dates that illustrate mid 20th century market activity.
The new steamship Train Janito Traliana will begin a three week service linking La Guaira Puerto Cabello and nearby ports with Haiti and Vera Cruz. It aims to connect Italy with eastern Venezuela and other Caribbean ports, including potential calls to La Guaira on return voyages and expanded routes via the naval lines.
The American Consul at Belgrade reports Cunard has started a steamship service linking the Kingdom and the United States to enable direct travel for Americans wishing to visit Serbia after the war. No sailing schedule is available yet and frequency remains undetermined.
The report notes the New York stock market showing mixed movement as investors weigh near term prospects. Major indices fluctuated with gains in energy and financial shares offset by declines in technology oriented issues.
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