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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 22, 1920

Page

4

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Willys-Overland Willys-Overland Company United Retail United Retail Stores Corporation Thenar Value Common Europe F. W. le Porin Henry L. Doherty & Co

Also Mentioned on This Page

Chain Store Securities Broadway New York Stock Exchange Redman Pine St Union Arcade Blas Pittsburgh Coggeshall & Hicks West Stew York Heartshorne’ & Battelle Meehange Broad St BROAD Railroad Securities Borkiatety Belgium Weden Sss Densmark Eables Sceeee Orway Manila Argentina Cbles Enn Carlon Jacks Aki Caseho-Atovatia London Money Lisbon Gax Dayahie Thunder Eates Viet Cent Dain Sie Ieee So Kociers Tran Ca Fin Chase Bank Manhattan Go M—Rinding Co Bapp L.i Wall Street Federal Reserve Bank Sterling Exchange Rises Sterling Exchange Delaware, Lackawanna & Western Chicago & Northwestern Aul Tey Delaware Lackawanna Western Lhrge Sat Bears Pany New York State Bonbright & Compan, Incorporated Nassau Street Carstairs &Co Mentors New Yorks New York Cotton Pmledelpha Walnut St Philn George H. Burr & Co Equitable Bldg McKinnon New Yorke la Salle St Chicago Fletcher-Amer Nat'l Bank Indianapolis New R.c.mecarcel&co Pine Street, New York Berlin Farson Son & Te Anany Weekly Financial Review Sare
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