Gold flows and war finance reshape US balance with Spain
The article analyzes gold exports to Spain and the United States role in wartime finance. It notes May gold holdings, the shift toward balance payments, and how Allied needs influence American gold shipments, with implications for inflation, exchange rates, and rail freight costs amid postwar recovery. It cites Bank of Spain actions, exchange values, and triangular trade patterns involving Britain, Canada, and Spain.
MENTIONED IN THIS ARTICLE
Tates
Howe
United States
Japan
Spain
Rystey
Romney
Great Britain
Canada
Monty
United Stain
Spa
New York
Sherlinut
Madrid
Landa
New Jerk
Bank of Spain
Bank of Spabisin
Money and Credit in the London and New York Markets
The report notes decreased offerings and expanding demand sustaining a firm money market. Central rates rose to near 7 percent on secured loans, with collateral loans around 5 percent. It covers stock-exchange money rents, bank clearings, sub-treasury balances, and London foreign exchange rates including US dollar equivalents for sterling, francs, rubles, and crowns.
MENTIONED IN THIS ARTICLE
Stock Exchange
sub-Treasury
New York
London
O'S Paneer
Wy Dent
Spain
Denmark
Sweden
Ray
Satsey
Egland
Redand For Soiline With Which To Settle Ecounts In Thie
Erester
Bngland
United Mint
U S Will Facilitate Imports from Britain
The State Department reports no changes in handling methods for British controlled imports. Officials note inquiries should go to the Foreign and Domestic Commerce bureaus for guidance while trade discussions continue.
MENTIONED IN THIS ARTICLE
Michelle Bates
State Department
Dometic
Surrour
Riessm
Great Britain
Wuttary
Twatie Altignites
Rubber Club
Mrntieh
United States
Control of British Westinghouse Co Passes to England
Transfer shifts control of the British Westinghouse Electric and Manufacturing Company from America to a Birmingham group led by Metropolitan Carriage Wagon and Finance, with Dudley Locker as chairman. The deal aims to reduce foreign capital and place decisive voting power with the holding company, while preserving certain priorities and bonding arrangements for the American firm.
MENTIONED IN THIS ARTICLE
British Westinghouse Co
England
Sede Cable Ta Peruner Hendon
Westinghouse Eléctric and Manufacturing Company
Hag Saceed
America
Birmingham
Metropolitan Carriage, Wagon and Finnare Company
Dudley Locker
Britten Industries
de Torkerts
Ie Company
Arthur £. Shanes
Completon
Seording
Ancon Resee
Becomiig
Arerica
Ittz
Weery Wbs
Sas
Wow
Thaide
Ewe Pradtian
Oynon Ly Parvbiape Phus
Huldine Rommanyy Atout
Aequire
Huffrage
Tehalf
American Comepany
Buc
Meith Company
Reuy Teinghehajeman
Gievetece
Weetinghoure
Alspani
Liah Westinghouse
Noien Electrie
Ihlerette
Economic indicators from the financial ledger notes
The fragment lists national bank reserves and discounts at Federal Reserve banks, gold reserves, note viability, and multiple commodity measures. It includes prices for Thr AI t mn ad stocks, cotton spindles, and crops such as wheat, corn, and cotton, with production and distribution figures, plus large monetary totals and index-like numbers.
MENTIONED IN THIS ARTICLE
Federal Reserve Banks
Government buys vast silver for coinage needs
Washington reports the United States Government purchased ounces of silver from American and other firms for coinage. Buyers paid from cents to 77 cents per ounce for delivery in New York Philadelphia San Francisco and other cities. The Treasury’s purchases, rising with domestic demand and higher wages, aim to boost currency supply and support future minting amid broader economic prosperity.
MENTIONED IN THIS ARTICLE
Washington
United States
Tanday
Eefvices
Bull
Tie Nrdere
Spilusind Ae
America Metal Company
TESSS
New York
Philadelphia
United Metals Selling Company
LonMid Ounker
Zimmermann & Facehay Wompany
San Francisco
Treasury Department
Great Britain
Heal
Homuitees Mabher
Prue
Okoyt
Eeedivice
Creditiry Wryehuydly
York
Mostoh
Liam
Am Locomotive Buys Steel Casting Plant
American Locomotive Company acquires the Seaboard Steel Castings plant in Webster, Pennsylvania, boosting capacity to about 18 000 tons of steel casting. The plant fronts the Hilawyer River with 100 feet of center frontage and 6 feet depth, enabling broader locomotive production and potential price reductions as wartime demand continues.
MENTIONED IN THIS ARTICLE
Am. Locomotive
Tampaig
Perin-Seaboard
Seaboard Steel Castslege Company
Ubester
Penn
Ateel
Hilawyer
Allis Chalmers and Copper Stocks Report Dividend Declines
The report notes Allis Chalmers declaring a quarterly dividend of 1S per cent and mentions other companies like General Petroleum and Liberty National Bank. It cites copper production figures for Braden, Kennecott, and related firms, with May outputs rising or falling and details on stockholder privileges and per share yields.
MENTIONED IN THIS ARTICLE
Allis-Chalmers
Aden
Liberty National Bank
Tinaninveuety
Cirpewey
Miami
Market News From A Troubled Session
Disjointed wires report volatile markets with shares fluctuating and several stocks erratic. Banks, shipping and energy listings show mixed results while a heavy breath of uncertainty weighs on bond and dividend actions across major exchanges.
Railroads Press Base Rate Increase Amid Rising Costs
Washington June 7 railroads submit mounting cost records to the Interstate Commerce Commission opposing a 1 per cent general freight rate rise. The rebuttal continues, with labor and material price hikes cited as driving factors. Projections warn higher lumber and coal costs would boost shipping prices and affect regional tariffs.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe
Atchison
Interstate Commerce Commission
Washington
Tate Ag
von Yethione
George W. Lam
Louisville
Nashville
Commismonthi
Adameon Nw
Also Mentioned on This Page
Liberty
Bond
THE
Liberty Loan Committee
the National City Company
Spencer Trask & Co
Ah, Bickmore & Co. Robinson & Co
E. H. Rolline & Sons
Liggett, Drexel & Co
Noble & Corwin
Ope
Wall Street
Mille Building
Broad St
Hanover
Money and Credit
Federal
Easton
Sion
Oya
Peter Sheert Bile
Muneth Wille
Tiehen
Nf Tallis
Hank
Bandon
Bank of Noonan
Tne
Jorian
Phn
Fan Francine
Italy
ENON
Senate
Ark
Eileen Sizna
Bank of France
Varit
Jane
Hank Re
France
Goll
Treasury Deposite Hop
Advancer Inc
U.S
Britain
U.S. Treasury Finances
Furst
Intel
Vacluaton
Panama
Vani
Ferest Wiver
Aiherstay Company
Wuilee
Spi
Werntushouse
Wwe Pron Generalle
Thie Holding
En Walliys
Thor Storks
Camnany
Methey
Heil
Eanerrand
Alirootare
Hiemingtam
Total Reserve
Peme Sr
Nis
Ake Aewre
Sash Fatéss Carnay
Neer Unita
Ammerel
SSS Ee
Vere Marquette
Kat
Tenchi Inernye
Sita
Mamie
American
Steel Paundeles
Arcete
General Petroleum
Yeparyings
Fae
Dedwell
Interraty Pv
Woking
Yale
Braden Copper
Kennecott
Paula
Apesana
News Digest
Foreign
Gurer
Julie F
Hasineee
Industria Sqit
Wal Berets
Atraily
Paris Bourse
Unite Fabgoge
Ned Aly
Pric
Stork Evelange
H. Candiy Mille
Wale
Anette
A. Marthwi
Moore
Nueawo Satural
Athos Haltoers
American International Corporation
Mae Itra
Megutar
Rleckrle
Chieth, Meads Ke
Cotman Storks
Columbue Eleetrie
Towwlar
Anniutel
Shannon
Dunn
Central States Eleetrie Corporation
Teeular Uerteply
Toyner Seat Om
HL Vang Electric
Venikantiael
Wink
Hilltirs Securities Corporation
Stevenl
Perna Iitin Uh
Misetacinps Valley
Pointe Tao
Ohio Valles
British Isles
Liberty Bond
the Liberty
Farmers Loan & Trust Co
Franklin Trust Co
W. Straus & Co
Retr & Co
Tonle, Henry & Co
Joseph & Wiener
Carl H. Phorzheimer & Co
Frederic H. Hateli & Co
Harriman National Bank
Union Trust Co
Metropolitan Trust Cas
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