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This newspaper page contains 3 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, 1922

Page

5

Market Summary and Stock Movements in Yesterday's Trading

Transactions yesterday in listed stocks show price support with a Fed rate move to 5 percent and a broad market tone of cautious gains. Industrials and rails led advances while copper and commodity plays fluctuated. notable names include Allied, Chalmers, Manhattan Elevated, Bethlehem, and Amoco peers, with mixed advance and profit-taking signals across sectors.

New York Lanvien China

Wall Street Foresees Steel Tonnage Rise and Debt Talks

Wall Street expects a steel tonnage increase as unfilled orders for May 21 push total orders to about 5.28 million tons, the largest since May 31, 1851. Merger talk surfaces involving Little Walter and Leaf, with dividend policy shifting to semiannual and a Mexican debt negotiation focus on rail funding and treaty implications.

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Behind Active Stocks and Company Holdings Snapshot

The article details a complex corporate snapshot including track side entities such as Cadillacs Chev Oakland Oldsmobile and McLaughlin, noting a surplus of 97 million capital and inventories 416,169,400 in preferred stock and 20,590,500 common shares issued. It lists no funded debt beyond 5,475,000 purchase money mortgages and notes no dividends paid on common stock through 1921. Net sales for 1917–1921 total 1,523,898,000 with varied dividends in earlier years.

Chev Oakland Oldsmobile Sctippe Booth McLaughlin Pric Yeaterday

Also Mentioned on This Page

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