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This newspaper page contains 4 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, 1922

Page

5

Stock Market Rally Fades After Sharp Early Advance

Speculators bid up prices in a brisk session as Mexican Petroleum and Studebaker led gains before a late profit take. The day closed with a 30 industrial index drop and a 20 rail drop from earlier highs. Federal Reserve rate cut hinted alongside improved money market signals amid mixed overseas markets.

Mexican Petroleum Studebaker Mexican Petroleum Corporation Federal Reserve Bank of New York J Commercial Paper Reserve Bank Stork

Money and Credit Report Shows Rates and Clearings Shifts

Money and credit conditions show a firming tendency with a 2M percent opening and renewed near October lows, while government withdrawal fears weighed on currencies. Bank clearings in New York rose to 78.2 million with mixed foreign exchange moves, and London and European rates slipped as the dollar weakened.

Enit Tate Che Tata Baok Clearings New York Yeaterday Deckanees Syat Oon London d. New_York Europe Guildere Pamaeia Norway Denmark Suiltogall Caradimlovakia Cania Slavia Uae Argentina Teak Son

Wall Street Holds Dividend Declarations and Finance News

Morning market summary reports Neon Products proposing a regular 1 percent quarterly dividend prior to a consolidation with United Retail. Talks of stock exchanges and new class A shares follow, with plans for partial exchanges and a possible 2 percent or higher on the merged common. Also noted are Canadian financing plans and German settlement expectations, plus Public Service of New Jersey earnings and freight car data.

Cities Service Company Tobacco Products Neon Products United Retell Btoree Corporation Ory Mercer Tobyeen Trad Carmen Dors United Retail Pew Goth New Common Ile United States Amnion Ameriess Railway Association Wirtogate Lal

Behind Active Stocks 26 American Can Company history and figures

A historical summary of the American Can Company detailing its formation in 1901, consolidation of 65 firms, and long term financials. It notes common stock outstanding, preferred stock, debt, and substantial surpluses and funds. Financial performance included 21.44 percent return in 1917 and an average 7.61 percent over twenty years.

Stock Exchange Conyrieht New York Tribune New York Tribune Tne Deynes New Ali Stoke Ueility Felon Aina Alaska Gold Mines Kanwar City Soni Janean Ea Gull Co Ras ’ Allied Chem & Dye Karson Allie Chalmers Amy Moke Kreser Bob Larkawanna Steel Lake Pele & Wert Lee Ribber Myers Tod Manhattan Laritters Fowby & Nahe Amer Amer Safety Ammer Ship & Com Mtansti Faeyr Amer Smelting Ariee Steel Pity Amer Sumatra Dreger Amer Zine & Lend Av Lauer Revakam Ann Arbor Dy Av Milrmae Sony Ward Atlantic Smuttine Aia Nat Aerie Ua Fis Austin Nieh Amy Hallie & Chie Chie & Rewy Marshall Norfolk & Western Orien Palen Fidisan Ae Air Hiltish Empire Steet Northern Baeie Ohio Calinine & Lead Calif E & Os Canadian Pacific Finy & Cobe Chandler Motors Pere Marausite Cheapeake & Ohie Chie & Alien Tolledelphin Co St Os Chile Copper Vper Dob Ber Corp of Nice Coracola Pollman Co Wlombia Gov Klee Canval Nile Coden & Co Sh Meplacie Steel Crucihte Steel Hepob Iron @& Steel Ry van Meiland Keay Bt Laals Doueestn Delawars Del Lack & W Nadas Kania Cecilia Laser du Pont Nemours Faxon Mojers Kodak Beare Rebar Eindicatt-Jehnewn Shell Inclai Famous Players Min Benelt Yalebmake Sterling Products Wisher Body Ery Og Csary Ag Ary Co Stewart Warner Studebaker Electeie Gilden Tolarco Products Yy & Davis Forthern Pf Tel Tl & Wert Union Fag & Mazer Gulf, Mob & North Union Pacifc Ra Ath Gull Braves Berl Hudson Motors Howton Oil United Fruit United United Hetail Healty & Limpert Cons Corp Marvester Bmelt & Rot Steet Inter Mer Marine Bam Ie Inter Combustion Vanadium Corp VacCar Chemical Inter Nickel Inet Wall Street Pold War Incorporated Hincana Yeaterday

Also Mentioned on This Page

Cities Service Co Henry L. Doherty & Co. Securities Department Standard Oil Producing Companies Chip Oil Co South Penn Oil Co Prairie Oil & Gas Co Earl. Pforzheimer & Co State of Michigan Portland, Ore Milwaukee Wis Rutter & Co Wall St Lewis St York, Hartford Ikrice,jr.co del. Lack. & West E. W. Bliss Kirby Lumber AcRice,Jr.&Co Baragua Sugar American Insurance American Alliance Insurance Hrederich Hatch & 60 Abwey Wy” Co Cate Prick Montreal Amercan Bond & Mortgage Co Fifth Ave Chase National Bank Bankers Trust Co McLure Jonessreed Money and Credit CallahansZine Castelline Lead Tobn Born Lane Studhlolére Ottawens Fe Dominion Cehewel Tate Brescent Lownat Eschonge Oaltet Netoher Cathy Stacy Keetenen Germany Regiaroes Worl Public Servier of N. J Operntiiere Compenientots Alaska Steamship Atlas Portland Cement Borden (Milk) Co Butler Bros Singer Mfg New York Stock Exchange ES Hira New Yorkilenes Securities For Investment Industrial Law, Dixon & Co Ward Baking Preferred Republic Ry Gen. Gas & Elec Amer. Lt. & Tract. Com Ward Baking Common Chattanooga Coke & G Lucey United Hotels Eastern Steel Preferred Industrial Finance Lucey Manufacturing “A Amer, Lt. & Tract. Com Republic Ry. & Lt Shults Bread Co Singer Manufacturing Dawsoms Lyons Cow York Lakich Valley West T2nd St Berdell Brothers Public Utility Securities Broadway Tenn Tennessee Power Co Jevhone Alobia Boston National Park Bank Bank of New York Gilbert la Prince LW
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