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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 23, 1920
Page
31
Fragmentary notice from New York City details a property listing at 629 40 Exc with Qshares 7 preferred and 1 common share. No clear event or entities beyond the address and share types are readable.
The page lists foreign government and municipal bonds with interest to be added, along with United States corporate and non governmental issues. It shows prices, yields, and maturities across several issuers including utilities, railways, coal, and local authorities, reflecting a broad activity in the debt market.
Canadian Press reports bumper crops with forecast record yields for wheat and oats in eastern districts. Signals point to strong harvests across Atlantic provinces and maritime regions, while farming areas face new challenges amid high yields and market pressures.
A State Banking and Insurance Department release notes May 4 deposits increased across 123 trust companies 26 state banks and 27 savings banks in New Jersey reflecting gains and a higher total surplus. The report details growth figures and mentions mergers and financial activity among local institutions and trust entities.
The Tribune’s Financial Editor explains that many new and recapitalized companies attracted public funds at high prices. Cited examples include gears on preferred and common shares, with concerns over earnings, dividends, and speculative risk. The column advises seeking information but declines stock recommendations.
The Tribune publishes four full columns each Sunday offering investment questions and answers. The featured Qs cover common financial topics with expert responses guiding readers through selections, risks, and strategies.
Increasing activity in the curb market amid severe industrial issues and irregular oil prices. Wright-Martin Aero rose strongly early then eased to a net decline. Courty Gas rallied with Marling Refining before retreating to 17s. North American Paper and Pulp surged after weeks, nearing 20,009 shares traded. International Petroleum showed strength on news but pared gains late.
Word received in New York states that the Union Fajardo Sugar Company authorized stock rose from $5,300,000 to $7,000,000. The report lists the increase in relation to German international bonds priced per 1000 marks.
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