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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 15, 1922

Page

7

Investment issues surge as power and gas bonds hit markets

The day reports widespread subscription activity for new issues led by Chippewa Power Co and Fuel Gas Co offerings of first mortgage bonds at six percent with five year sinking funds. International Carbon and Vermont and Quebec Power also advertise large bond issues with guarantees from the American Corporation of America. Prices around 685 and 100 with varying yields around 6.12 percent, oversubscriptions noted, as brokers like McClure Jones Reed and Jelke Hood push offerings.

Quention Mies Ise Manicipal Ted Tae Lay Toh Cleveland Union Eatin Hariyore Aatette Syndicate Manpoggary Cagt Jelke, Hood & Co Vermont and Quebre Asboato Coreporation of America

Jugo Slavic Kingdom Offers $25 Million Bond Loan

Announcement outlines a $25,000,000 external loan for the Jugo-Slav Kingdom with forty year bonds and a first charge on state rail receipts and government monopolies revenues. Syndicate banks include Bist & Co, Chase the Corporation, Union Trust Company, and others. The issue, pledged at $20,000,000 with high exchange rate figures, carries a non-societal fifteen year initial period and later redeemable at 110 with decreasing revenue shares.

Lo's J Vin M Syndicate E0i Bist & Co Chase the Corporation Redmond dee HL Rolling & Lone, Kissel, Mit @ Co. 1 W. Selleman & Kright & Swatt & Coy Co Union Trust Company of Leveland Blair & Co United States Central Union Trust Company OF New York Serbia Montenegro Kingdon Belgrade Adriatic Sea Board of Administration of Monopolies Old Serbia

Also Mentioned on This Page

Day Mel Ier Sue A Depos Armour Co Pte Haden Pest Denmark A. B. Leach & Con Ing Ae Fuel Gas Co Callaway Fish&co Horde Grohong Wall Street Fidelity Chambers St West Broadway William St Battery PI Wilson & Chardon Prudence the Prudence Company, Inc Newe Sweet Harvey Fisk &Sons Philadelphia the Farmers (An and Trust Company Guardian American Bond & Mortgage Co Fifth Ave THE National Park Bank Broadway Consolidated Gas Co Brooklyn Union Gas Co Brooklyn Union Gas Goodbody & Co Mamters York Watson & White Fembvers New Yor Stack Exchange Inter Kingdom OF the Serbs, Croats & Slovenes Yugoslavia Europe New York Stock Exchange Blair & Co.,, Inc Bonbright & Company, Inc the Union Trust Company Cleveland West & CO Buseata We Vicenta
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