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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 15, 1920
Page
7
Market observers note a slight easing in curb prices after a trading session where cash market activity spurred declines. Analysts cite mixed signals from insiders regarding Republican negotiations while suggesting the downturn reflects broader supply and demand shifts across sectors.
A financial questions column explains how to submit inquiries to Financial Hostor at the Tribune New York, with guidance on market conditions and investment ideas. It discusses railroad bonds, Bethlehem Steel, United States Steel, Great Northern, and Canadian bonds, plus notes on bond and stock investing strategies and tax considerations.
Liberty bond holders in the Second Federal Reserve District will receive about 30,080,001 in interest payments. The district saw 4,191 subscribers for two issues, with delays blamed on original bonds and personnel at the Treasury and Federal Reserve. Treasury officials urge reinvestment of payments into savings.
An open market for German bonds was reported yesterday with dealings in obligations of Berlin Cobion at Cologne and markets in Hymburg Frankfurt and Leipzig for the federal government noted in the coverage.
London reports silver prices dropping sixpence per ounce amid a weekend decline. Eastern exchanges weighed on the market as offerings from the Co continued on a liberal scale. The market closed weak with little support. Allied Packers Earnings A balance sheet for Allied Packers Incorporated shows results for the first half of the fiscal year ended April 20, issued yesterday.
The report states bond interest of 1,010,000 and interest amount of 480,000, with excess over twice the requirements. It mentions reusing 18.8 percent over fluent companies for the Montis of the prior year. At year end the five books show quick assets against quick liabilities.
Texas Pacific Coal and Oil declares a stock dividend of 2 percent, a regular quarterly dividend of 14 4 percent (15 cents) and an extra cash dividend of 1 percent (10 cents) on the $10 par stock. Dividends are payable June 20 to stock on record June 18. Prior dividends this year were cash at 1 percent each.
The article outlines a flurry of financial maneuvers involving Holland subscriptions, a regular dividend of six cents, and the Trust Company of New York. It notes power company actions at Keokuk Iowa, an ex-dividend date of June 24, and planned stock adjustments around late June. Also mentioned are leadership shifts and corporate maneuvers affecting American and Dutch interests, with references to governance by Joseph S. Jackson and F Mrlckiey Va.
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