Wall Street News and Market Mayhem and Dividends
Foreign exchange markets show weak London demand as arbitrage sellers dominate early. Windsor Trust declares 1 percent dividend payable July 2, Distillers Securities 1 percent July 9, United States Mortgage 1.6 percent June 30, Delaware Lackawanna 2 percent July 20, Tennessee Copper 125 per share July 27, and United Copper 1.5 percent plus half percent extra July 31. Copper imports and exports shift, iron and steel trade stalls, and stock tax rulings curb low priced trading amid reform talks in San Francisco bank and exchange circles.
MENTIONED IN THIS ARTICLE
London
Bank of England
Windsor Trust Company
McArd
Distillers’ Securities Corporation
United States Mortgage and Truet Company
Europe
Jadtime International
South Africa
Bionday
Birmingham
Bessemer
Pittsboro
Milliken Brothers
Seven Island
United Brete
At & Ae
Elsc
Mey
Stock Exchange
Treh Isles
Produce Exchange
Burney
San Francisco
Spock Exchange
David Mack
Menry & Iaskins
Alfred Willstatter d Dorr
Subio
Curb Market Trading Synopsis Amid Tax Ruling Pressures
A brief on curb market activity notes a slight drop in outside securities volume due to a tax ruling, followed by a renewed sharp turn in prices late in the session. Transactions show tentative recovery as investors reassess ledgers and valuations amid the unsettled tax environment.
MENTIONED IN THIS ARTICLE
Opericy
Bebo
Corres
Corsigerstle Fhart
Midar
Pevite
Financial market settles after brush with volatility
The report notes trading at times near standstill with a sharp Chicago Subway break of 4% and a later rally of 5%. United Copper opened down, then fell, before rising 4% from the low. Standard Oil dropped 2 points while Mackay strengthened after hesitation. Lehigh Valley dipped 2% and clawed back about a point as mining stocks fluctuated.
MENTIONED IN THIS ARTICLE
Chicago
United Copper
Standard Oil
Mackay
Lehigh Valley
Boston
British Columbia
Cumberland Ely
Giroux
Nipissing
Greene
Granby
Utah
Railroad Earnings Report Shows Stable Growth Across System
Detroit, Toledo and Ironton announces earnings for the year to June 21 with net income totaling 1,100,230 and 11 months ending. The Ann Arbor System notes earnings for July 1 to June 21 at 3,900,378 and 307,280 with annual inc reports.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
Louisville
Duluth
South Shore
Atlantic
Cincinnati
NEW Orleans
Texas Pacific
Georgia Railroad
New York
Ontario
Western
SBA Ee
Garcetiennes
Detroit
Toledo & Ironton
Ann Arbor
Inc
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