Money and Credit Daily Bank Rates and Markets Update
The report notes a dearth of call money offerings with high interest pressure from tax payments and preparations. Call money closed at 14 percent after renewing around 13 percent, the highest since April. Time money remained dull with mixed collateral offerings and rates for 80 day, 6 month, and other categories listed, alongside bank clearings and assorted exchange data.
MENTIONED IN THIS ARTICLE
LANEY
Siglur
Tal Ito
MK Conpke
Tras Nite States Industrial Alcohol
United Retail Stores
Chandler Moters
Virginia-Carolina
Iysiphin
New York
Montrail
Montreal
Sjules
US Steel and Rail Stocks Mixed in Early 1920 Trading
The New York stocks show a mix of gains and declines in early 1920 trading with several rail and steel issues moving. Major names such as American Can, General Motors, and Union Pacific appear in the day’s table, alongside commodity and utility shares. The market closes with a cautious tone as investors weigh profits and dividends reported by lagging sectors.
Southern Pacific Reports Higher Income on U S Return
The annual report shows Southern Pacific's income improve with a $48,246 government return boosting net earnings to $10.470 million after charges, plus a $1,284.295 million surplus linked to stock, while federal operations revenue declined and fuel oil purchases rose. Investments rose by $21.509 million as the company noted changes in holdings and a special maintenance statement is being reviewed.
MENTIONED IN THIS ARTICLE
Southern Pacific Gemany
McOnte
Lo Soto
Bath
Fedral Administration
Fuel Oil Department
Muliis Kentbehnith
Routhern Tueifld
Wickholdera
BEAMA
Wrly
Ono Harions
Awad
American Car and Foundry Reports Dividend and Reserve Actions
The American Car and Foundry Company reveals a board approved plan to set aside a large reserve for future stockholder distributions, reporting a reserve of 810.6 million with 7.2 million set aside previously in 1919. The report also notes efforts to finance operations through equipment companies and discusses European credit expansion and related industrial actions.
MENTIONED IN THIS ARTICLE
American Car and Foundry Company
Laat
Halaney
Bond Demand Sways Financing Amid Market Calm
The market shows improving tone but demands for new bonds affect financing. With new issues crowding, past rules were neglected and activity stalled, leaving outstanding issues to bear the weight of cautious investment.
Baldwin Locomotive Works elects new board members
Baldwin Directors elect Thomas S Gates of Drexel & Co to the board and to the executive committee to replace Aprilins E Newbold. A finance committee is formed with Thomas S Gay as chairman and Sidney J Tyler, Array W Sawath, and President Vanlally O Mein as members. The committee serves beside the executive committee. Unknown names and typos indicate a continuing internal appointment process.
MENTIONED IN THIS ARTICLE
Baldwin
Baldwin Locomotor
Yeat Ortay
Thomas S Gates
Drexel & Co
E. Newbold
Conslating
Thomas S. Gay
Sidney J Tyler
Array W. Sawath
Vanlally
oMein
Caniniente Yy
Gumimitte
London Money Market Briefs Report
London money market notes show varied discount rates and promissory figures for bills three months hence. The laconic dispatch records minor price shifts and general liquidity signals without detailing specific transactions or institutions.
MENTIONED IN THIS ARTICLE
London
Wall Street Rumors Sparked Fraud Inquiry In 1920s
The article alleges rumors of a major financial scandal tying Wall Street lending houses and oil concerns to a pending government inquiry. It cites unnamed brokerage leaders and brokers as targets, notes the mood on the Stock Exchange, and mentions an early indictments as a potential opening gun amid investigations.
MENTIONED IN THIS ARTICLE
Indas
Totten
Stock Exchange
Ardhui
Alt Sf
Wall Street
Fiat
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Hershey Chocolate Corporation
Mainermoa
Hooserett & Son
Pine Street
George H. Burr & Co
Iitaras
Mane York
Féneat Lowe
Fasrigh
Orsuler
Billie oNneGuest
Farson
SonaCo
Broadway
Harris
Forbes & Go Pine
Shrewt
Cormar Witney
Hew
YORK
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Labia
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France
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Ind
Tyne
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Isha
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Sterling, Eeely
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Tentiwirk
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Norway
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Car & Foundry
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Aisin
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Byrds
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Ste
Merton
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Close
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Chalmers
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Amur
Amer
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Amen For & Pty
WANG
Aga
Malon Tag & Paper
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Uinfon Pacific
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Union Pacific Pr
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GBS
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Malty Ale Nuldwin
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Gary Daltimore
Botal
Msia
Willie Overland
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eSia
Eth Motors
Hoth Steel
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Ny Barns Bros
Tipunswick
Tiote Cop
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He Land
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Lick
Maxwell Motor Co
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Northern Pacific
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Raton
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Eros Phillipe
Vianusawe
Ieee
Unie
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Tipu Mike Euchjen
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Ineome
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Seraw Company
Rie
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American Car and Foundry
Tinted Rotail Stores Corporation
Omnis
Uist
Vanelain
Baldwin Locomotive Works
Europe
Va-Carolina Chemical Extra
Virginia-Caroline Chemical
Peter Peceneyae
Wall
Liege
Nikon
Etter
Feniling
Weihnan-Bat Co
Paris
Frvgiee
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Amnperd
Liontach
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Werarsday
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Andy
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Amik Bubinaa
Ereil
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Caela Seles
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City Rew
Beeadwar
Ata
Purom
SIMMS
Inquiry Revised
H. D. Robbins
Harriman National Bank
Fifth Avenue & Forty-fourth
Bankers Trust Co
Irving National Bank
Right National Park Bank Rist McClure, Jones & Reef, Ee We