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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 30, 1919
Page
8
A garbled OCR fragment mentions New York bank stocks and a positive market tone. It references values, likely gains or prices, and indicates a financial context with financial terms, but the text is incomplete and lacks clear, verifiable details for precise entities or figures.
The Tribune disclaims responsibility for accuracy of market quotations. Transactions and voices for the week ended June 28 were as read, with quotations and data reflecting the period.
British coal crisis deepens as controller cuts price schemes and shifts to open market rates. Exporter must insure cargoes for buyers where not arranged. Output falls from wartime wage hikes and reduced labor force, with July hours likely to drop to seven per day, worsening production. Bunker market shows mutual adjustments disadvantaging British ships amid scarce June supplies.
Washington reports a new provision from the Kelly bill seeks to pause water power development until evaluation of its fit with a soldier settlement plan. The measure, pushed by Labor, would extend government control into mining, lumbering, and power, and critics warn of state socialism and increased patronage.
Boston reports that the New England U S Railroad Administration district director resigned effective immediately to attend to duties as receiver for the Boston and Maine Railroad. The move follows the probable return of the railroad to private ownership.
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