Market optimism wavering over convention and credit
Trade and finance news show investors hopeful about a Republican convention lift while money tight. Stocks held firm in a cautious trading area as rails warn of equipment needs, and Chicago & Northwestern cuts dividends shocking markets. Analysts doubt a broad bull run soon, urging restraint and focus on productive allocation amid labor, material shortages, and policy limits.
MENTIONED IN THIS ARTICLE
Wall Street
Chicago & Northwestern Railway
Chicago & Northwestern
Chicago
Financial District
Aid of Reserve Board Urges Support for Bankers Acceptances
The American Acceptance Council says Federal Reserve Board backing is essential to develop bankers acceptances. Paul M Warburg chairs the council's executive committee which responded to the board questionnaire on acceptance use, rates, and handling. The statement warns that without strong Federal Reserve backing the system’s safe and sound growth could be jeopardized. The questionnaire stems from an April conference with bankers and dealers in acceptances.
MENTIONED IN THIS ARTICLE
Feneral Reserve Board
American Acceptance Council
Paul M. Warburg
Federal Reserve Board
Federal Reserve
Ankers
Secep
Ees
Belgian Banks Aid Commerce Report Details Finances
The annual report of the Bank Caisse de Reports et de Dépots notes Belgian banks have placed at the disposal of commerce and industry credits totaling 4,000,000 pounds, 5900 francs and 11,000 Swiss francs. The Caisse’s share in these operations totals 11,400,000 francs and government guarantees cover the banks’ participation.
MENTIONED IN THIS ARTICLE
Bank
Caisse de Reports Et
Caisse de Reports
Week's Stock Transactions for Railroads and Bonds 1920s
Weekly and year to date figures show railroad stocks and other stocks with totals for the week, prior week, and year ago. Government bonds and other bond categories are itemized with month to date and year totals, reflecting broad market activity across 1920 and 1919.
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Hershey Chocolate Corporation
Hershey Chocolate Company
National City Company
National City Bank
Firth Ave
Ied
Omene
Cochrane Harper & Co
Broadway
New York
GO State
St Boston
Sewa
Sinclair Consolidated Oil Corporation
Foster
Cedar St. Col. Trinity Pl
Philadelphia
Boston
Superior Oil
Atlantic Refining Co
McClure, Jones & Reed
New York Telephone Rector
Itvestor
H.m.byllesby & Co
Providence
Prichitt & CO
Stock Exchange
New York City
Trade and Finance
United State
Erik Scotting
Feont
Department of Agriculture
United States
Auton Try
Bay City
Mick
Detroi
Aid of Reserve Board
New Yorks Tribune Inc
Iy Adams Expres
Ajax
Alaska
Alka Juneau
AL Ame
Drug Syndicate
American Express
Hide & Leath
Interna Corp
la Fr
Cray
Ship & Com
Amer
Steel Ry
Sumatra
Coe
Am Tel & Cable
Afig
Tel & Tel
Tub See Corp
Jan Daly
Ann Arbor
Top
San Fe
Atlantic Coast Line
Ff & W
Atlantic Ife Co
Austin Nichols
Baldwin Lecomo
Baltimore & Ohio
Barnsdall
Booth Fisheries
Isn Tap Tran
Do Eth
Nkiva Union Gas
Brown Shoe
Dune
Buffalo & Surgey
Burns Bros
Butte Copper
Calit Petroleum
Canadian Pacific
de Pasca
Eniainteed Corp
Chandler Motors
Chesapeake & Ohio
Gt West
St Paul
Chie & Northwest
Chie Vacum Tool
Mar Clueick
Pac
Ait
Chile
Kigder, Peabody & CO
Devonshire St
Broad St
Investment Securities
Foreign Exchange Letters of Credit
Baring Brothers & Co., Ltd
London
South America
Europe
India
Anglo-South American “Bank
Union Bank of Canada
Foreign Department
A Canadian Bank For Canadian Business
Dawson
L Appleby
Forkeli
Africa
South Africa
Union
South and East Africa
Bombay
Invincible Oil
Mswolre
Op AK. Rice, Or. ‘&Co
Kidder, Peabody & Co
Wat! 2Nd Broad Streets
Broad Street
Stone & Webster, Inc
Milk Street
Dearborn
Gruntal, Lilienthal & CO
New York Stock Exchange