Wall Street notes on war bonds and credit policy
The article discusses tax collection reactions, the plan for banks to buy Treasury certificates totaling 4 billion, and how this may push Federal Reserve credit curbs. It notes inflation risks, expected interest around 4 1/2 percent for the fourth war loan, and mixed market signals with cautious trading and weaker buying power on the exchange. It adds rates on commercial paper, bank discounts, and Sub-Treasury flows, with currency and precious metal prices in brief.
MENTIONED IN THIS ARTICLE
America
McAdoo
Federal Reserve Board
Reserve Board
Treasury
Wall Street
Federal Reserve
Business Men Urge Wider Use of Acceptances
American business leaders press broader adoption of trade acceptances to speed wartime financing. Speakers include Warburg and Minch advocating credit facilities, with 4,07 firms already on board, and remarks on liquidity, cash discounts, and regional relief through discount markets amid the war effort.
MENTIONED IN THIS ARTICLE
Charles Minch
Vineinand
Ann
Momedag
Mr. Warburg
Warburg
Jie He Trogoo
Nas [Tional Association of Credit Men
Money Market Shows Little Change At Week Start
The money market opened with no major shifts as call funds remained available and rates edged from 5 21/2 to 6 1/4 percent. Renewals dominated fixed fund volume while rates held steady around 8 to 6 percent for regular maturities. Analysts expect more time offerings as banks redeposit tax payments, shaping future money supply and depository movements.
Narrow moves in dollar foreign exchange market
The dollar edged little in a full market session. Italian bills were offered in larger amounts and the rate fell to 0.91 lira per dollar for chicks. Swiss francs were firmer and sterling remained firm as closing rates mirrored last week with minor shifts across currencies.
MENTIONED IN THIS ARTICLE
Aieye Sterling
Stockholm
Topenhagen
United States
Copper Problems To Be Discussed By Industry Meeting
Representatives of copper producers meet today for a conference on distribution and sale of the metal. Talks will not cover price fixing, though refiners favor an upward revision. Government share of total production is about 60 percent, leaving 10 percent for others. Despite labor and transport issues, copper production shows slight gains with demand and output rising. March total output around 10,000,000 pounds compared with April figures showing higher demand.
Canada US exchange crisis stirs market reports in period tone
Market observers in Toronto discuss a complex currency situation as Canada seeks a $100 million credit from the United States. The piece traces impact on Dominion government finances, U.S. interests in Canada, and the behavior of Victory bonds amid wartime capital flows. It notes large Canadian bank deposits, U.S. bond purchases, and aims to align exchange rates with wartime needs.
MENTIONED IN THIS ARTICLE
Toronto
Honing White
Finwnen
Ammen Rapid
New York
Yale
Canin Uriel
Buexuen
United States
Canada
Eoin
War Iy Jrlahy
Canaan
Stites
Budusa
Attad
Dominion Victory
Victory
Acllers
Americana
U.S
War Shortens Trade Routes Across Nations
A National City Bank study notes wartime conditions shrink global trade routes by bypassing the mother country. Direct shipments from Dutch East Indies rise while Netherlands and England supplies fall, with tin imports from the Indies growing from 1913 to 1917 as direct routes dominate.
MENTIONED IN THIS ARTICLE
Nationa N
United States
Dutch East Indies
Dutch Eest Indies
Netherlands
American T and T Bonds to Run 7 Years
Directors of the American Telephone and Telegraph Company plan to issue 6 percent bonds for seven years convertible into stock. The offer targets $4.5 million with terms: $10 in bonds per ten shares, rights for smaller holders to subscribe at the same rate for one $100 bond, exchangeable into preferred stock after two years at 108. Underwriters include Py Totrin, First National Bank, Kidder Peabody, Lee Higginson, Harris Forbes, and National City. Shareholders to vote July 3.
MENTIONED IN THIS ARTICLE
American Telephone: and Telegraph Company
Boston
Fanotince
Washington
Iscua
Capital Issues Committee
Av, Py Totrin & Co
First National Bsnt
Kidder, Peabody & Co
Lee, Higginson & Co
Harris, Forbes & Co
National City Company
American Telephone and Telegraph Company
Significant Relations Money and Prices in the Nation
The excerpt lists monetary aggregates and economic indicators such as gold reserves, bank loans, circulation, and various price and production measures. It references Federal Reserve actions, stock and bond averages, cost of living indices, production totals, railroad earnings, and industrial indices, presenting a snapshot of macroeconomic conditions with figures and labels indicating the era's accounting style.
MENTIONED IN THIS ARTICLE
Billy
Federal Reserve Banks
Federal Reserve
Total Gold Reserve
U. B
Grom Cally Averane
Tomas
Market Reports and Gum Makers Unite in New Organization
Paris stock and bond movements show quiet trading with 3 percent rentes near 59 francs 16 centimes and London prices steady. In New York the market is firmer with Consols and Mexican bonds in demand and activity in Cunard Electric and oil shares. Separately the National Association of Chewing Gum Manufacturers and Allied Tradeways is formed to aid government import and distribution of raw materials with officers named Darwin R. James president H. T Atwater vice president M. D. Bromberg secretary C. M. Ford treasurer J. C. Fox chairman.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Cunard
Electriic
Chewing Gum Men Organizs
National Association of Chewing Gum Manufacturers and Allied Trodva
Darwin R. James
H. T.atwater
M.D. Bromberg
C. M. Ford
J. C. Fox
Brower Ties To New York Credit Men Association
A note indicates John I Brower or associates linked with the New York Credit Men's Association have joined a new business department. G Harcinis has sent a separate statement to the Tee City Trust Company of Whaat.
MENTIONED IN THIS ARTICLE
John I Brower
New York Credit Men's Association
Hay
Tin New Busineas
Department of the
Atees Piesihl Bante
Fragmented corporate earnings report snapshot from early 20th century firms
Consolidated income figures for Duquesne Light Philadelphia Company Lindsau Light and other utilities show mixed results. The reports cite earnings, surpluses, and dividends for the year ended March 31 1913 May 25 last and calendar 1917 with various per share amounts and total revenues. figures fluctuate across entities including Niagara Lockport and Ontario Power and Alabama Wickwire Railway with differing net incomes and dividends.
MENTIONED IN THIS ARTICLE
Duquesne Light Company
Consolidated Incoma
Philadelphia Company
Allee
Lindsau Light Company
Neteamanga
Conmun
Musinet
Niagara, Lockport
Ntarto Power
Salmon River Tower Company
Uxvinet
Ihinenclige Exnensen
Bringinie
Garlod
Alabama & Wickwillee Railway
Texas
Wickabu
Ehrereport & Pacific Railway Company
Bodiati Agerespees
Irving Trust Company declares quarterly dividend
The Board of Directors has declared a quarterly dividend of two dollars per share on the capital stock, payable July 1, 1918, to stockholders of record at the close of business June 24, 1918. George F. Gentes, Secretary.
MENTIONED IN THIS ARTICLE
Irving National Bank
New York
FP. Bouker
George F. Gentes
United Fruit Company dividend notice from 1940s
A fragmented notice from United Fruit Company describes regular quarterly dividends payable on July 11, 1949, to stockholders of record on June 20, 2010, with details of scrip distribution and redemption, citing corporate officers and dates. The text is garbled with multiple OCR errors and mixed dates.
Tin shortage worsens amid shipping delays and market impact
The report notes acute tin shortages despite shipments to the United States continuing. Delays extend to two months for some consignments as imports rise while prices edge above two cents per unit. Officials describe limited stock and fluctuating demand affecting the market.
MENTIONED IN THIS ARTICLE
United States
Tesat
Manifeat
Berdig
Avelsie
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