Wall Street Briefs: Insurance Extension and Stock Exchange Moves
The Commonwealth Insurance Company of New York extends similar term by shareholder vote. Wyle joins McClare Jones Reed on the New York Stock Exchange. Edward F. Slayback’s seat transfers to George Thomas for 65000. Andrew R. Host elected to the Exchange. Kuhn Loeb Speyer sell Baltimore and Ohio 4% equipment trust certificates at a 4.20% offering price.
MENTIONED IN THIS ARTICLE
The
Commonwealth Insurance Company of New York
Wyle
Stock Exchange
McClare, Jones & Reed
New Yorke Stock Exchange
Edward F. Slayback
George ©. Thomas
Market News and Comment on War, Metals and Stocks
Market news shows stocks steady early then weak spots in war and metal groups. Trading intensified after 2 PM with losses in industrials and metals, rail and steel holding firmer. copper and zinc influence quoted. gold inflow steady, war risk unsettles bulls, Baltimore Ohio issue supports confidence.
MENTIONED IN THIS ARTICLE
Mexico
Carranza
Carrizal
Washington
Tradera
Shorts
United States Steel
Third Avenue
Rockreland
Rome
Butte
Superior
Tennessee
Crucible
Baldwin
Rock Island
Renewain Ut
Baltimore & Ohio
Ottawa
Sterling Exchange
Rites
Berlin
New York Stock Exchange Curb Market Transactions
Market data shows Thursday June 22 with 498,100 trades against 575,200 on Wednesday and 403,400 since January 1 to date. Total sales of stocks reported in dollars, with annual dividend rate noted. Figures compare to 81,463,200 year to date and 438,900 a year ago.
Prices irregular in London market headlines
News of the clash in Mexico induced selling in the outside securities market at the opening yesterday though offerings were mostly in small lots. A period of firmness in the principal issues gave way to extreme dullness at midday with some late reaction. Atlantic Gulf and West Indies rose briefly, but closed barely higher.
MENTIONED IN THIS ARTICLE
Mexico
Chevrolet
Saxon
Coaden
London Stock Market Clifton Stops At Dull Turnover
London trading yesterday showed a dull irregular session influenced by the Mexican situation and expectations of early minimum price moves. High yields on the Australian loan weighed on gilt edged issues while Japanese and Russian bonds and the war loan dominated activity. Console slipped to 9 with the war loan steady near 96 percent. American issues were quiet awaiting Mexican news. Money demand rose for semi annual needs and discount rates held firm at 5 percent for short bills and 4 percent money loaned.
MENTIONED IN THIS ARTICLE
London
Jun
Lisbon
Consolidated Public Utility Notes and Connecticut Power Earnings
The report outlines consolidated public utility notes with a $4,000,000 first mortgage bonds and $4,091,045 operating expenses yielding $2,207,904 net for year ended March. Connecticut Power shows April gains and yearly earnings up to April 30 with gross of $349, and net of $315,651, reflecting increases from prior year.
MENTIONED IN THIS ARTICLE
Ene
Kansas City Railways Company
Jade
Onnecticut Power
Connecticut Power Company
Grose
Prominent Names Span Banking and Industry Roles
Vincent Astor and George F. Baker appear alongside Gates W. McGarrath and company leaders Mech and Motels Sar t Beak. Wealth and financial interests, including First National Bank and Mutual Life Insurance, surface in a compact notice of executive and corporate figures.
MENTIONED IN THIS ARTICLE
Vincent Astor, Geo. F. Baker
Can
First National Bank
Gates W. McGarrath
Pres. Mech
A. Peabody
Mutual Life Ine
Marconi to pay five percent dividend and AGM set
The Marconi Wireless Telegraph Co. Ltd reports year end profits of £175,000 and a final dividend of five percent on ordinary shares. The annual meeting is scheduled in London on June 32. Deposits of Missouri racite notes under the extension plan total $17,000,000 from a gross issue of £25,000,000. $1,500,000 is held and $6,000,000 owned by the Goulds has not been extended.
MENTIONED IN THIS ARTICLE
Marconi
Marconi Wireless Telegraph Couny, Ltd
London
Missouri
Goulds
Annual interest policy for deposits described
The article outlines how interest is calculated on deposits at a rate of two hundred dollars per annum and above, with funds credited to depositors. It discusses the timing of deposits, withdrawals, and the impact of mid month dates on interest accrual, referencing July 1 and July 10 as key cutoffs.
MENTIONED IN THIS ARTICLE
Brooklyn Savings Bank Pierrebont
Clinton Sts
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