Gold Flows and US Money Stock Mark War Era Shifts
The piece analyzes postwar gold movements, noting US money supply decline to 1914 end levels and a May gold outflow as exports surge. It discusses Japan Spain balance dynamics, Allied funding needs, and US rate effects, with data on gold reserves, Spain trade, and Atchison rail profits for four months ending April 30.
MENTIONED IN THIS ARTICLE
United States
Werth
Japan
Spain
Great Britain
Canada
Money and Credit Rates Amid Expansion in Demand
The report shows a firming money market with industrial security collateral loans at 5 percent and mixed collateral loans around 4 percent lower. Call money on the Stock Exchange ran freely at 2 percent, while year ago figures are listed for comparison. The Sub-Treasury and international actions include London rates, gold movements, and a surplus in money stock across June. The piece notes Bank of England reserves, ruble declines to a new low, and Spanish exchange fluctuations with the dollar-peso parity and current foreign exchange quotes.
MENTIONED IN THIS ARTICLE
Spain
United States
Japan
New York
Sterling Exchange
Madrid
London
England
Bank of Spain
Stock Exchange
Focal Bank
Spaitt
Lune
Meardie
Lisbon
Ebbeke
Denmark
Sweden
America
Easy Bae
Stockholm
Copenhagen
United Parity
States Mint
U S Will Facilitate Imports from Britain
Washington June 7 By request of the State Department the Bureau of Foreign and Domestic Commerce handles trade matters to facilitate import of British controlled articles at origin or by colonial product control. No change yet in methods for any commodity. inquiries should go to trade associations or the area of Foreign and Domestic Commerce for plans and new arrangements. The deficit this fiscal year stands at 520,032,943 against 440,647,924 last year.
MENTIONED IN THIS ARTICLE
Washington
State Department
Bureau of Foreign and Domestic Commerce
Great Britain
Roger
Varios
Testile
Rubber Club
Regal
Io the
Bureau
British Westinghouse Co Transfer to England Reported
The Tribune London reports control of the British Westinghouse Electric and Manufacturing Company has shifted from the U S to a Birmingham group led by Dudley Docker chairman of the Metropolitan Carriage Wagon and Finance Company. The transfer aims to reduce foreign control and strengthen British industry.
MENTIONED IN THIS ARTICLE
British Westinghouse Co
England
Tribune
London
Westinghouse Electric and Manufacturing Company
America
Birmingham
Metropolitan Carriage, Wagon and Finance Company
Dudley Docker
Federation of British Industries
Docker
the Globe
Arthur E. Sounes
Torday
Guy Tripp
Westinghouse Electric Manufacturing Company
Divine
Westinghouse
Saide
Sur Holdings
Westone House
Eleetric & Manufacturing Company
Huse
Worl
Financial measures show broad bank reserves and stock averages
The data enumerate national banks total reserves and deposits with Federal Reserve banks, discounts, labilities, and gold reserves against deposits and circulation. It lists averages for railroad and industrial stock prices, production metrics like unfilled U.S. Steel orders, cotton spindles, and crops grain and oil crops, plus freight car shortages and surpluses.
MENTIONED IN THIS ARTICLE
Federal Reserve Banks
U.S
Government buys 700000 ounces of silver for coinage
The United States government announced the purchase of 700000 ounces of silver to be minted into coins. Prices paid ranged from 75 to 77 cents per ounce, with orders from American refiners and bullion dealers through several firms for delivery in New York Philadelphia and San Francisco.
MENTIONED IN THIS ARTICLE
Washington
United States
American Metal Company
New York
Philadelphia
United Metals Selling Company
San Francisco
United States Smelting Company
Zimmermann & Porshay Company
Treasury Department
Lince
Great Britain
France
United’ States
Am Locomotive Buys Steel Casting Plant
The American Locomotive Company announced it purchased the Seaboard Steel Casting plant at Chester Pennsylvania from Penn Seaboard Steel Corporation. The facility on the Delaware River has 1000 feet water frontage and about 15000 tonnes annual capacity. The buy aims to cut operating costs and boost normal business as munition orders wind down.
MENTIONED IN THIS ARTICLE
American Locomotive Company
Penn-Seaboard
Seaboard Steel Casting Company
Chester
Penn Tins
Delaware River
Zerap
Renda
London Stocks Rise Amid War News and Russian Advices
Market briefs show the stork market buoyed by war news and Russian reports but overall activity failed to expand. Argentine railroads rally ten points while industrials and shipping shares firm. explosives show uneven gains. Major banks and firms discuss dividends and capital actions as American steel and copper firms report varied results.
MENTIONED IN THIS ARTICLE
London
Wall Street
Lordon
Railroads Base Rate Plea on Mounting Costs
Railroads submit rebuttal to ICC amid push for an 18 percent general freight rate hike. Carriers cite a 49 percent materials rise over two years and 112 percent iron ore, 20 percent steel, and other metal increases, plus heavy labor costs under the Adamson law. Western carriers argue higher labor costs cannot be offset by tariff readjustments, while Southern lines warn of new lumber tariffs if the 1 percent increase is adopted.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Piz
George W. Lamb
Louisville Nashville
Tarif Southern
Mississippi Valley
Ohio Valley
Also Mentioned on This Page
Finance Economics
Mills Building
Broad St
Shane
Thoersday
Hanover
E. P. Ripley
Atchison, Topeka & Santa Fe
Atchison
Money and Credit
Deslings
Treasury
York
Hank
Dane
Bank of Sid
Inc
Cleveland
Atlanta
Beaug
St. Louis
Mennennel
Ava
Kanene City
Aly Dallas
Francinco
Hiesten
Threa
Liberty
Bond
THE
Liberty Loan Committee
the National City Company
Spencer Trask & Co, A.H. Bickmore & Co
Liggett, Drexel & Co
Noble & Corwin
U. S
Britain
U. S. Treasury Finances
Panama
D Annan Bryce
M. Por
Santer White
Amercan
Tts
British Westinghouse
Total Reserve
Federal Reserve
Mare
Arar
Sre
Naar
Lerf
Pal
Ate
Am. Locomotive
News Digest
Arts
Perdune
Throltan Beeheuse
Wis
Ailis Chalmers Manufacturing Company, Directorsesterday
Ular
Vere Marquette
Thay Muell
American Steel Foundries
Waa
Aieneral Petroleum
Erty National Bank
Bak
Miami Copper
Braden Copper
S Kennecott Copper
United Drug Company
Atalers Rubber Company
Patted Drug Company
Boston
Thomas
Feders Court
Hoston
New Jyven
Busin
Koster Smith
Nassau National Bank of Brooklyn
Pesterday
Eucesed
VB Hegeman
HIF Health
American Steel
American International Corporation
Divi
Union Trust of
Chase
Steealar
General Petroleum Corporation
Columbus Electric
Fem
Central States Electric Corporation
Paso Hileetrie
Secur
Hide Water Oi Company
British Isles
Liberty Bond
the Liberty
Farmers Loan & Trust Co
Franklin Trust Co
W. Strauss & Co
Kerr & Co
Toole, Henry & Co
Joseph & Wiener
Carl H. Pforzheimer & Co
Frederic H. Hatch & Co
Harriman National Bank
Union Trust Co
Metropolitan Trust Co
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