Call Money at 11 P. C. Halts Rise In Stock Market
Call money surged to 11 percent delaying stock market rally as banks drained reserves to cover June 15 tax payments and anticipated July 1 disbursements. Heavy bond redemptions and large government certificates reduced rediscounts, while other currencies showed mixed moves amid gold import hopes.
MENTIONED IN THIS ARTICLE
RGR Ugs
New York
London
Sub
Treasury
United States Fund
Montreal
Jonas
Uisa
Eal
Federal Reserve Bank of New York
New York Federal Reserve Bank
Columbia Graph Pl
Keelsay
Gulu Gas & Elec
Oar Keuk & Dbe
Comput Tech Reed
Gosden & Co
Crucible Steel
Cuba
Lack & West
Denver & Rio
Hauxweh
England
Endicott-Johnson
Pitts
Paontetes Birrast
Consisamenta
Bald Deen
Tariout
Dea
Goodrich
Nio Greene
Mlinois Central
Hatin
Seat Int-Cons Corp
Ste
Int-Cons Corp
Int Harvester
Ish Miveas
Fiat
Hare's
Island Creek
Island Oil
J. Kayser
Kelly Spring
EU Bul Eadlig
Kelsey Wheel Co
Kennecott Coppers
Datacon
Keystone Tire
Lackawanna Steel
Come Ie
Lee Rubber & Tire
Lehigh Valley
Ty Gore
Lorillard
Louiavilte & Nashy
Mackay Cospf
Middle Staten Oil
Wale Steel
Kans & Tex
Kans & Tex Pf
Caetn Missouri Paeife
Missouri
Ctnh
Sc Nort & Western
Nort & West Pf
Gils Gale Die
Nova Scotia
Pacific
Develon
Pacific Gax & Elec
Pacific Star
Yoon
Pacific Tel & Tel
Penn Beach Steel
Peo Cing & Cole
Marius
Eee
Philadelphia Co
PCC & StLeth
Phillips Petrol
Peres Arrow
Ato Benaoma
Angel
Lake Drake
Wittabureh Coal
Pitt
W Va
Tno
Reading
Ays Ag
Kepvon & Steel
Navy
Reference Register for 1920 firms debuts at 156 Fifth Avenue
Bid and Asked Reference Register for 1920 White, Orr & Co announces a new business reference compendium with added intercity telephone numbers and foreign circulation. The report covers New York, Philadelphia, Baltimore, Boston, Newark markets and notes projections for American consulates and hotels worldwide. Paris and London quotes sparse and mixed with banking notices and corporate financings.
MENTIONED IN THIS ARTICLE
White, Orr & Co
Fifth Avenue
Fure
Sha
New York
Philadelphia
Baltimore
Boston
Newark
Stock Exchange Trading Summary From New York Tribune
Yesterday saw mixed activity across listed stocks and bonds with industrial shares showing slight gains while rails and utilities fluctuated. Government and railroad bonds edged higher amid modest turnover as investors weighed 1920 and 1919 comparatives in this January 4 report.
MENTIONED IN THIS ARTICLE
New York Tribune Inc
Eich
Alaska
St Louis
Alaka Juneau
St Louis Southw Pf
Allis-Chalmers
Santa Cechin Sugar
Agr Chemical
BTR
Shattuck & Arizona
Sinclair Oil
Bain
Sloss-Shef St & Ir
Southern Pacific
Southern Rail
South Rail
Am Car & Foundry
Am Drug Syndicate
Am Ride & L Pf
Amer Int
Amer
la France
Stromberg
Studebaker
Amer Loco
Amer Safety Razor
Tenn Cop & Chem
Amer Ship & Com
Texas Company
Amer Smelling
Texas & Pacific
Amer Smelt Nf
Tex Pac Coal & Oil
Amer Steel
Amer Sugar
Amer Sumatra
Amer Sumatra Tob
Rap Tran
Amer Tel & Tel
Union Bag & Paper
Amer Tobacca
Union Oils
US Express
Gislat
US Ind
Realty & Impl
United Retail
Amer Woolen
Anaconda
Ann Harbor
Rich, Top & San Fe
Gulf & WI
Atl
Gulf & WT
Auto Sales Corp
Bia
US Steel
Beth Motors
Steel Pt
Beth Steel
Vanadium
Bovey Bklyn Rep Tran
Baty
VeCar Chem
Mira Ausien
Guaise
AGO Oh Pags Teds
Sit Tio Pd BieVault
Ais
Dag Burns Bros
West Maryland
Canadian Pacific
West Pacific
Western Union Tel
Aziz Esi
Apis Accerrae
Cayas
Weiting Air Brake
Westinghouse
Asay Cerra de Paico
Dale
Wilson Co
Ghendlet Motors
White Motors
Overland
Faa
Chie & Northwn
Woolworth
Trade Figures Show May Exports Up Imports Down
Exports rose by 59 million while imports dropped 64 million in May. Trade balance stood at 808 million in favor of the United States, with May exports at 759 million and imports at 151 million. Eleven months to May show exports at 7.474 billion and imports at 4.685 billion, gold imports 11 million, gold exports 8 million. Silver imports minimal, exports at 7 million, lowest in years.
MENTIONED IN THIS ARTICLE
Washington
Department of Commerce
Apal
Tampico Oil Exports Plunge To One Third Normal
Mexican oil exports from Tampico and Puerto Lobos Vera Cruz fell to about one third of normal in May, officials report, according to El Universal. The May figures reflect curbs under a new oil exports law, with authorities citing restricted shipments and production as reasons for the drop.
MENTIONED IN THIS ARTICLE
Tampico
Menico City
Puerto Lobos
French exports rise in first five months of the year
Official statistics show that exports from January through May total 6.97 billion francs, up from 2.12 billion in the same period last year. Imports amount to 1.93 billion francs, with fondstut's imports down 109 million francs.
MENTIONED IN THIS ARTICLE
Paris
Fondstut
Canadian gold inflow lifts Wall Street expectations
Reports of a large Anglo-French maturity flow pervade the financial district as $4,000,000 in gold arrived in New York from Canada for the Bank of Montreal on behalf of Canada’s finance minister. A further $4,000,000 is due, with Britain also expected to send funds before October 15, and total inflows this period projected above $40,000,000.
MENTIONED IN THIS ARTICLE
Canada
Bank of Montreal
Dominion
Britain
London
France
England
Equipment shortage prompts call for 250000 more freight cars
The Railway Age warns railways need about 250000 additional cars in service to handle traffic. Orders on June 1 totaled around 49000, far below annual replacement needs. May production fell to 2700 as output lags capacity of 17000 per month, signaling delayed deliveries even if rate cases rise.
MENTIONED IN THIS ARTICLE
United States
Sapo
Czechs Seek Locomotives From Baldwin Works
Samuel M. Vau slain, president of Baldwin Locomotive Works, cited firm orders totaling 50 million dollars and capacity to take 50 million more. Czech and Slovakia negotiators consider purchasing locomotives, planning payment from sugar proceeds. Baldwin denied that any deal had been completed.
MENTIONED IN THIS ARTICLE
Europe
Samuel M. Vauslain
Baldwin Locomotive Works
Stock Markets Mix News From Banks to Retail Firms
The article notes Federal Reserve data on loan reductions and upcoming statements, plus firmer sterling on fresh gold arrivals. It covers Willys-Overland earnings for four months of 1920, Delaware, Lackawanna Western stock activity after dividend cuts, United Retail Stores dividend and share issuance, and remarks by F W Le Porin on European recovery under Britain’s leadership.
MENTIONED IN THIS ARTICLE
Willys-Overland
Willys-Overland Company
United Retail
United Retail Stores Corporation
Thenar Value Common
Europe
F. W. le Porin
Henry L. Doherty & Co
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