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This newspaper page contains 27 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 23, 1922
Page
11
A garbled archive page lists dividend declarations and notices from Fidelity International Trust Company, Malibu Beach royalties, Beach Secretary Garytel National Bank, Antiana Pipeline Company, Mortgage Bond Company, and others. It references preferred capital stock dividends, record dates in 193? and 1982, and related corporate actions and custodial confirmations.
An adjustment effort by reducing the Federal Reserve Bank rate to four percent spurred activity in the commercial paper market. The move introduced ongoing uncertainty as merchants and lenders reassessed financing conditions and short-term debt prospects.
Proposals are invited for a capital district project with bids due July 1922. The contract covers restoration and construction tasks including site work, materials, and labor under supervision. The award will be made by the Superintendent of Public Works after examination of bids and compliance with specifications.
A named auctioneer and officials record a change of name and corporate actions for a company. The filing outlines stock matters, authorization of actions, and the appointment of a secretary, with dates and filing references.
The First Federal Foreign Banking Association bulletin outlines two main price shift trends aiding trade revival. It notes rapid adjustments between raw materials and manufacturers and between price levels of nations toward uniformity, with international commodity markets remaining highly liquid and difficult to depress except under direct controls.
Chicago reports the Federated Growers announce the formation of a national service through a new Fruit Growers Committee and a sales distribution program. Arthur Rute is named general manager as the arrangement aims to sell cooperative products across markets, improving quality and service for consumers. A separate note covers a National Outerwear Association plan to establish a surplus stock clearing house led by David M. Titelman, signaling stable market conditions.
The document describes summons in Supreme Court New York County involving Damian Tamir and Natro Ramee. It notes service by publication and a failure of the defendant to appear. The notice outlines the judgment possibility if appearance is not made within the required period and references the law firm Esse Sednugen & Leichter with their address in New York.
Font buyers buy more dresses than last year as dress lengths rise to about ten to twelve inches from the ground. Poiret twills and fall wear are mentioned with necks and browns in demand in the West and Midwest and other regions favoring bagdad a new fed and enea.
May cotton spinning data from the Census Bureau indicates a rise in spindles in use and active hours compared with April. The report notes totals for spindles operated during May and a 26 percent increase in activity, reflecting higher output potential for the month.
Norman C. Stenning, new arm South America agent for the Anglo American Bank, notes steady improvement in South American business. He says relations with the United States are improving and exporters should expand, citing nitrate industry prospects in Chile, higher cotton and sugar prices aiding Peru, and copper mining and smelting running near capacity despite low metal prices.
Philadelphia reports softer yarn prices amid deluen of quotations from b eotton yarn waters miley wed their quotations to day 9 all tenth pound am all coat of Southern carded yarn. The Ae tine since the carseat price movement beers. Eight weeks of price range, with notes of market shifts and anticipated adjustments through the end of the week. Manufacturers and retailers in New York and nearby markets discuss summer sales and arrangements with foreign office ties under the Astoriated Mery entity.
A jumble of names and places depicts buyers arriving in Akron area markets. Mentions include Fairchild Service, Parks, Regatta, and numerous stores and millinery firms. Diverse vendors and products such as clothing, gowns, and accessories appear with scattered references to Penney’s, Peters, and local merchants.
A garbled list of names, places, and items from a New York Waldorf-Astoria industry gathering and various regional trade mentions. It references Hudson Seal, furniture, clothing, and furnishings shows with scattered attendee surnames and locations such as Providence, Philadelphia, and Toledo, with odd phrases and incomplete context.
Officials of Standard Oil of New Jersey gave no comment on a Tepe concession within the Nether lands colonial petroleum venture. The parcel covers about 4 250 acres in the Palembang lowlands of Sumatra with further holdings in Java and other territories.
May grain exports total about 40 million dollars, well below the 63 million dollars reached in May of the prior year. Corn, wheat, and flour shipments also show sizable drops, with corn at 8 million dollars and wheat around 15 million, as rice exports remain uncertain from the fragmented OCR text.
John H B Warren president of Penn Seaboard Steel announced that directors will require all Carpenter Steel stock for a merger. Notices mailed to stockholders call a July 7 meeting to ratify the purchase and related financing. The merged firm would be named Carpenter Steel Corporation with new bonds and common stock issued to fund the purchase of Carpenter assets in Reading and related properties.
Coastal Lines lowers commodity rates to the Gulf and Atlantic Seaboard effective July 1. Southern Pacific and allied offices announce a 10 percent cut on non cotton items citing Interstate Commerce Commission orders. Cotton to New York export stays at 25 cents per hundred pounds, 10 cents below local consignee rates and the prior level since January 5.
The Moon Motor Car Company directors in St Louis declared an initial 1 percent dividend per share on 154 213 shares of common stock and a 1 percent quarterly dividend on 3 116 shares of preferred stock. The July 1 payout is to stockholders of record June 26. Net earnings for the first six months of 1922 totaled 225 668, more than enough to cover both dividends.
A Mexican settlement with Mealeo is anticipated to be announced next week after talks in Mexico City. Thomas W. Lamont told bankers that details will be public soon, with a conference among five American oil companies to review pooling arrangements. Progress is reported but no official statement has been issued yet. Also, the Interstate Commerce Commission authorized the Silverton Railway to suspend operations and abandon its 15 mile line serving mining near Silverton Colorado.
A group led by Reed of New York seeks control of the Atlantic Prutt Company by acquiring 16,008 shares of par value stock at 1.00 per share. The plan, supported by Creditor groups, requires court approval and features a provisional arrangement with Ruger and Campeny Inc. and July 1, 1924, covenants.
Fragmentary OCR listing livestock meats and provisions with numbers and prices. Readable items include Lang 5.00 and 2608 440 pinesed, plus references to Me M ulyened and James. Details are unclear due to garbled text.
The Federal Reserve report shows a large expansion in gold holdings fueling a rise in the reserve ratio from 77.4 to 701 per cent. Weekly developments include a near 4 million rise in commercial rediscount and a gain in U S government security investments, with Treas ury certificates shaping most holdings. The New York Fed posted a stronger showing aided by 19 million in gold reserves and gold fund movements, while bill holdings fell to 87 million. Overall reserve and circulation rose about 4 million. man’s reserve account fell sharply by over 14 million with circulation down about 1.68 million.
A stock exchange seat sold yesterday at 100000, marking a new high for the year. The prior peak was 99000, with past seats fetching 118000 in 1921, 110000 in 1920, and 100000 in earlier sales.
The Federal Reserve Bank of Boston lowered its rediscount rate from 4% to 4% today, ending the prior rate set since November 4 last. The move aligns with reductions elsewhere as parts of a broader monetary shift, with New York and other districts following suit.
London June 22 The weekly statement of the Bank of England shows changes in reserve proportions and liabilities. The rate of discount is 8 percent and the proportion of money held for liability purposes shifts from last week.
Paris June 22 The Bank of France weekly statement lists changes in francs. The report highlights shifts in monetary balances and liquidity measures within the French banking system.
Washington June 22 Federal Reserve Banks release shows updated condition of the twelve banks as of June 2 with figures and notes on lending and reserves. The document outlines financial posture across districts and highlights changes in member bank operations.
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