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This newspaper page contains 9 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 24, 1922
Page
10
Speculative enthusiasm for the Pete probe cooled, with Mexican Petroleum and related oil shares showing limited movement. Trading drifted lower as the securities market absorbed the inquiry’s potential impacts while Pan-American and American Petroleum lifts fluctuated amid broader liquidity shifts and foreign exchange weakness.
Stock and bond dealings reported with yesterday’s totals across railroads, industrials, and government issues. Prices, open highs lows and turnover appear for numerous firms and bonds, with the market showing broad activity in railroad stocks and industrials.
Wall Street traders watch Mexican Petroleum and Pan American Petroleum after an inquiry into recent dealings. The gap between theoretical and actual prices widens and Pan American interests push prices higher, while Mexican Petroleum trades around 189. The report notes Doheny’s 19 shares converted to Pan American and mentions Associated Dry Goods and Studebaker potential moves. Bond retirements and dividend policy at Mexican Seaboard, plus higher call money at 5 percent, shape the market amid treasury expectations.
A historical overview of American Car and Foundry Company common stock highlighting its formation in 1899 from eighteen railcar firms, diversified Steel and iron output, and recent move into auto wiring. It notes funding structure with 30 million dollars of common stock and non cumulative preferred stock, dividend history up to 1919 1921, and earnings per share to April 1921. The stock shows a wide price range with highs of 169 lows of 39 1/2 and a close around 16 3/4.
Paris market reports steady prices with small changes across items. Exchange rates show London and other currencies steady, while Fr Gellar is quoted at a specific centimes level.
An investor information note from The Tribune outlines general guidance on investment topics. It mentions handling inquiries, document envelopes, and publication details linked to investor services. The fragment references smelter envelope and a Tribune address but lacks a clear event or outcome.
The article discusses potential dividend changes at the Pennsylvania Railroad and remarks by director Thomas De Witt Curler. It notes observers’ views on a possible 9% resumption, timing for July board meetings, and how earnings power will shape future payouts. It also covers New York telephone stock prospects, investment advice on preferred stocks and bonds, and a columnist promise to publish weekly investment Q A guidance.
Closing bid and asked quotations for stocks listed on the Stock Korhange show figures in a terse market snapshot. One line notes bids and asks, but the readable text is fragmented with garbled words and missing details from yesterday’s transactions.
Fragmented OCR text mentions foreign exchange terms and many garbled names and places including Slovakia, Lat, Bohemia, and Canada. The passage lists currencies, rates, and team names in a disjointed list, with no clear event, date, or coherent report to summarize.
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