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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 20, 1922
Page
10
Notice to holders of 8 percent 10 year convertime sinking fund bonds due 1931 issued January 1 1921 under indenture with Cerro de Pasco Copper Corporation and Columbia Trust Company as trustee. Bonds with stated serial numbers have been redeemed for redemption July 1 1922 at 105 percent of principal.
Bond issue details list redemption price and maturity terms. The text names Viren autrenier and Morgan & Co at 23 Wall Street with July 1 1922 and January 1 29 dates referenced, plus coupon bonds and associated indenture terms.
New York June 16 1922 The President and Directors of the Manhattan Company declare a quarterly dividend of 6 percent on capital stock payable July 1 1922 to stockholders of record at close of business June 23 1922 Transfer books will not close. Officer names include Owen Paynter and Henry Averell Jr among others with multiple references to trust company managers and officers.
Youngstown district mills push toward fully resumed operations after war era demand. Eight planned reopenings faced skilled labor shortages, leaving only a minority of the 113 mills in the district idle as automakers and factories seek sheet steel.
New York's curb market closes with steady prices amid a quiet session. Bank of New York in 1784 by Hamilton to merge with New York Life Trust Company, creating Bank of New York and Trust Company. Plan to issue stock dividends and maintain management continuity. Merger details include capital stock around 4.9 million with substantial deposits and profits.
A garbled financial notice references stock activity and a planned corporate action with figures like 44 dollars and shares. It mentions livestock and provisions context, plus references to locations and dates, including Washington and Tennessee, but the exact entities and actions are unclear due to OCR errors. The fragment hints at a major company claim as a leading producer in the United States.
A garbled OCR fragment references bankers, securities, and a 1957 date with unclear names and places. The text mentions a permanent session and a Tuesday pentagonal term but provides no verifiable facts or coherent event.
Davison Chemical Co reports a 1921 deficit of 411 038 after depreciation and reserves on combined 1921 results with Davison Sulphur and Phosphate. Gross income fell to 530 962 from 1 848 784 in 1920. net income last year was 822 602. The Silica Gel Corporation formed in 1921 with stock split 49 percent to Chemical and 51 percent to others. President Miller noted successful Horton experimental plant refining silica gel and a gas absorption plant with a refrigerating machine, to be leased on royalty for seventeen years.
A report notes Bank of Springfield and state Jersey provide funds to former time of applications. Loans totaling 2 811 dollars issued in last six months, mainly for land purchase, construction, repair of buildings, and payments of maturing notes and mortgages.
The Hudson and Manhattan Railroad Company posts May revenue of 928 071 versus prior period 1 460. For May operating expenses 503 115, down from 549 446 in 1929. Net balance after duties and interest on bonds totals 54 062 for the period.
Royal Dutch reports a proposed dividend of 21 proports and a 1920 value. London cables note a 104 guilder figure with 120,450,246 related to the year. The Corona Company oil output is stated as triple the 1929 level, while separate Royal Dutch Soviet agreements are described as fraught with holmely issues.
The National Retail Dry Goods Association reports phonograph sales fell about 16 percent in Pebrusty March and Ap, marking a drop from the previous year. Stores observed unprofitable phonograph departments and reduced phonograph offerings amid weak demand.
Wholesale and retail notices show a broad sweep of department stores and millinery shops in multiple cities. Inventories, fabrics, dresses, and menswear items dominate pages with scattered notes on market price movements and fall buying trends.
Spartanburg eyes finishing plants to convert North textile flow to Dixie supply. Local chambers scout locations. Chamber shows visiting executives mill data and favorable reports. Charlotte rumors of a $59,000,000 textile corporation loom, with J B Duke possibly involved, but unconfirmed.
A garbled forecast from an apparent source cites broad agricultural gains for Nebraska. The text mentions a governor and a Wendish sounding prophecy, with unclear figures and misordered phrases.
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