Railways and Waterways Close Cooperation in War Time
Railroads and waterways are urged to cooperate to ease freight congestion. A war measure proposes expanding water transport by reviving obsolete inland routes with support from the Advisory Commission, the War Department and the Commerce Department.
MENTIONED IN THIS ARTICLE
Railway War Board
King
Ilroads
National Council of Defence
War Department
Shipping Board
Department of Commerce
Money Market Edges Higher on Liberty Loan Hope
A slightly easier tendency appeared in the local money market as lending institutions favored business, helped by the Liberty Loan's success. Six month loans secured by industrial securities traded around 5% while other collateral mixes held 1 to 5% and call money stood at 4%, with rates matching the prior day.
MENTIONED IN THIS ARTICLE
The
Stock Exchange
Paris
London
Record Cotton Use by U S Manufacturers in May
May saw a record high in raw cotton use by American manufacturers with 697 020 bales of lint and linters. 615 171 running bales and 69 359 linters, boosted by large army and navy textile orders. Exports for May reached 275 822 bales, ten months total 6 221 703 bales, while May on hand figures show 1 899 085 bales in consuming establishments.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Cenana Bureau
One Day Loans To Ease War Financing Strain
The Federal Reserve Bank of New York will provide one day collateral loans to Affiliated Institutions in emergencies to ease wartime banking strain. Special one day rediscount rates of 2 to 4 percent apply for advances tied to government fiscal operations, secured by eligible paper or U S obligations. Rediscounts rose to about 60 million dollars last week, with discount rates set for notes drafts and U S securities as well as agricultural and trade paper.
MENTIONED IN THIS ARTICLE
United States
Federal Reserve Bank of New York
Federal Reserve Bank
Roas
Reserve Bank
Continental Can Plans Stock Issue to Raise Working Capital
The Continental Can directors voted to issue 20 000 new common shares for stockholders of record at the close of business June 29. Holdings may subscribe to 25 percent at par, with underwriters earning 2 percent. The move aims to boost working capital amid growth, increasing total common to 10 000 000 if approved.
MENTIONED IN THIS ARTICLE
Continental Can
Ectors
Interota
Signficant Relations Fowseriey The Day Bate
A concise report notes significant relations affecting trade and markets in a dated entry. It references figures 1147 and 10030 alongside rates 112.10 and 100.59, suggesting pricing or indices linked to an economic discussion. The exact entities and context are unclear from the fragment.
Market Summary Notes Mixed Results Across Industries
Gulf States Steel reports May earnings a new record at 402,536. A1net for January to May totals 1,665,709 vs 828,040 year earlier. New York Railways April income falls 102, while net revenue after expenses stands at 339,804. American Sugar Refining faces Brooklyn plant fire with insurance covering losses, refinery operations continue elsewhere. National Conduit and Cable trades 26,000 shares closing 38 1 2. Air Reduction and Union Carbide mergers confirmed signals in talks.
MENTIONED IN THIS ARTICLE
Gulf States Steel
A1net
York Railways
Main
Ttc
National Conduit and Cable
Stock Exchange
Lipton Exports Rally With 100 Percent Profit Rise
Reflexes of War reports Lipton Limited profits for year ended March 1 rising over 100 percent to £263,580 from £124,930 prior year. Dividend 7.4 percent paid, reserves increase, and a star pension fund started. Also notes Norwegian bakery costs surge and Prosilian state shipping control to boost food exports to Allies and the U.S.
MENTIONED IN THIS ARTICLE
Lipton (Limited
War Contingencies Reserve
Freight Congestion Delays Russian Shipments Reported
The American Consul at Dairen cables that shipments to Moscow and other cities are heavily delayed and scarce. Rail freight via the Ruslan line is limited to about 20 tons to Russia from Dairen, with some goods routed to Harbin for onward transport. Dairen port is preferred for transshipment due to no duties and cheap storage though an indefinite embargo has halted passes into Russia since May.
MENTIONED IN THIS ARTICLE
Russia
Dairen
Moscow
Harbin
Manchuria
Tussia
Statistical Reference Book Issued with Comprehensive Financial Data
The edition of The Manual of The 1017 Statistics is issued in comprehensive form detailing organization finances and positions of leading railroad industrial and public utility firms. It lists news digest shipping stocks in London with quiet trading and mixed activity in various sectors, plus numerous quarterly dividends and directors elected at United Shoe Machinery and similar firms.
MENTIONED IN THIS ARTICLE
Lewing
Subway Contracts Lose Venture For U S Realty
United States Realty and Improvement Co and its subsidiary George A Fuller Co report a 2 054 000 loss on New York subway contracts due to higher costs and market pressures. Despite a 2 492 043 gross income, dividends were 493 292 or 3 05 a share. Fuller Co. won fifty four new contracts totaling 24 799 715 with 16 624 285 earned in work. Revaluation of New York real estate shows a substantial write down of equities in Forty third Street Realty and Hotel Breslin properties.
MENTIONED IN THIS ARTICLE
United States Realty and Improvement Company
George A. Fuller & Co
New York
New York City
Fuller
George A. Fuller Company
Forty-third Street Realty Company
New York Hippodrome
Hotel Operating Association
Breslin
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Liberty
Bank Or Trust Co
the Liberty
the National City Co
Spencer Trask & Co
A. A. Housman & Co
E. H. Rollins & Sons
Harris, Forbes & Co
John Muir & Co
Henry & Co
Finance Economics
Wall Street
Mills
Broad St
Department
Chambers of Commerce
Boards of Trade
Missioninot
Hanover
Money and Credit
Federal
Tank of England
Bank of England
Renervas
C.c.sceesce
Inc
England
Boston
Nes
Philadelphia
Cleveland
Sereevee Bne
Richmond
Atlanta
Erves & Ae
Chicago
St. Louis
Kansas City
Dallas
San Francisco
New Yorke
Baltimore
Poston
York
Treasury
Sub-Treasury
N & of France
Seine
Treasury Deposits Inc
Wis
Advances. Inc An
Neal
Ain Bal Gull
Tub Enbl
Helen
G.ven
United Ten Mint
U. S. Treasury
United States Treasury
Panama Canal
Phelps-Dodge Corporation
Central Aguirre Sugar Company
New
Niguero Sugar Company
Are
Ase
Phenee
Nene Nee
Linters
American Sugar Refining
Brooklyn
Earl Dabst
Thin
Air Reduction
Union Carbide
Walter Birge
Air Reduction Company
Union Carbide Company
Bergen
Norway
Prosilian
News Digest
France
Robert Barbour
Moses B. Kaven
United Shoe Machinery Corporation
Mr. Kaven
American Agricultural Chemical
Reed
Underwood Typewriter
Prairie Oil & Gas
Barnhart Bros. & Spindler
Kansas City Southern
Barrett Co
American Brake Shoe & Foundry
Xtra
Chase National
Hank
Ator
Stork
National Biscuit
Anc
Southern Utilities
Wilan & Co
Record Tune
Obie Stall Telephone
Western Indiana Railroad
Sun
Rio Grande Southern
Rilleros
Subway
U. S. Realty
Farmers Loan & Trust Co
Franklin Trust Co
Morgan & Finlay
S. W. Straus & Co
C. C. Kerr & Co
Joseph & Wiener
Metropolitan Trust Co
Carl H. Pforzheimer & Co
Frederic H. Hatch & Co