Indiana stock issue leads quiet Saturday on exchange
Saturday's local Stock Exchange activity was quiet aside from a $400,000 issue of J Reeves & Co. preferred stock by Union Trust Company and J F Wild & Co. The issue totals $750,000 with $350,000 sold. Price set at 105 per share, pays 6 percent interest and is redeemable after May 2, 1923 with option to redeem after May 15, 1928 at par 105. No other major business noted. In other notes, John Kendrick Bangs resigns as editor of Metropolitan Magazine. He will focus on writing comic operas with Miss Gilman and Mr Perkine.
MENTIONED IN THIS ARTICLE
Local Stock Exchange
Indiana
Union Trust Company
J. F. Wild & Co
J. Reeves & Co. Incorporated
Columbus
Ind
Tnientional
Isa Fct Co
Acc Ysware & Madison Co
Iiuitle
Union Surety
New York
John Kendrick Bangs
Metropolitan Maga
Beandal
Wall Street Week Endures Heavy Liquidation In Stocks
A dramatic week of stock market liquidations ends with renewed professional activity and cautious sentiment. Banks show a larger cash decline than expected, trust companies boost reserves while call money stays easy. Exported gold and interbank movements hint at continued loan contraction and a subdued market outlook through next week.
MENTIONED IN THIS ARTICLE
New York
Shorts
Pennsylvania
Amalgamated
Eee
Wall Street
Board of
United States
Ala
Aloe
Chesapeake & Oh
Great Western
St L
Colorado Southern
Cot
South
Col. South
Seco
Delaware & Hudson
del, Lack & Western
Denver
Rio Grande
Erie
Great Northern
Hocking
Illinela
Iowa Central
International Money and Trade Bulletin Summary
Indianapolis reports time loans and commercial paper volumes with mixed rates. New York notes call and time money, merchant paper rates, sterling exchange, and bankers’ bills. London and Paris report money, discounts, and rentes. Berlin cites exchange on London and short bill discounts. New York covers bar silver and Mexican dollars. port of New York records total imports valued at $9,013,000 with $248,595 in silver and $5,037,900 in gold.
MENTIONED IN THIS ARTICLE
Indianapolis
New York
Prime Mercantile
Sterling Exchange
London
Paris
Berlin
New Pie
Treasury balances report includes available cash and gold reserve
Washington notes Saturday's general fund balance excluding the $15,000,000 gold reserve in the division of redemption. Available cash balance and gold figures are listed, outlining the government’s liquidity posture.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Wall Street Rallies Led by St Paul After Opening Declines
New York stock market opened with small losses in Canadian Pacific B and O U P and other leaders but soon rallied. Room traders and bear covering spurred gains with rumors of Thaurance interests purchasing St Paul for investment. Canadian Pacific showed strong foreign buying while the bank statement hinted at liquidation. gold shipments from the Yukon expected to bolster reserves and offset losses.
MENTIONED IN THIS ARTICLE
Meyer & Kiser
New York
London
Canadian Pacific
U. P
St. Paul
Yukon
Stock market steady with brief rise before renewed selling
New York June 6 The stock market opened slightly higher as shorts covered but after the nk statement there was renewed professional selling. The day maintained the same pattern as recent weeks with little sustained movement.
MENTIONED IN THIS ARTICLE
A. R. Thompson & Co
New York
Weekly Bank Statement Shows Cash Decline And Loan Drops
New York weekly clearing house report shows loans at 915.1 million deposits 898.6 million and circulation 44.1 million with cash down 8.48 million. Dealers note large fall in loans amid stock liquidation and a 14.46 million drop in deposits while reserve requirements ease by 6.31 million. Surplus reserve now about 4.78 million.
MENTIONED IN THIS ARTICLE
New York
New York Associated Banks
New York Clearing-House Banks Reserve Report
The New York Financier presents a table of reserves for New York City banks showing totals and the percentage reserve. It notes an increase of 214,000 and a decrease in other categories, with figures associated to United.
MENTIONED IN THIS ARTICLE
The
New York
United
Wheat and Corn Slip as Weather and Cables Drive Selling
Chicago trading opens weak with wheat down early, later steadying but closing lower. Corn firm to near yesterday, oats rise, provisions drop. Reports cite improved weather, lower cables, and outside liquidation as key drivers amid large trading and mixed receipts.
Flour and grain prices steady amid mixed New York receipts
In New York on June 6 Better Weather News reports flour receipts at 22 747 barrels exports 16 147 barrels while prices hold firm. Winter patents range 3 75 to 4 10, winter straights 3 55 to 3 10, Minnesota patents 4 26 to 4 75, and winter lows 2 29. Rye flour firm 2 55 to 3 20, cornmeal dull at 1 12 city 1 10. Wheat futures show 1 960 000 bushels traded with dull action, while cargoes and reports point to bearish influences from lower cables and a market pause.
MENTIONED IN THIS ARTICLE
Res. Ba
New York
N. N. Boa
Manhattan Company
National
Mechanics
National Aim
America
Phenix National
Chemical Nation
Lational
Puen
Gallatin National Merchants’ Exchange Siz
Aiso
Greenwich
Nat'l
Pacific
Chatham National
Oease
Bank of Ni
Hanover National Omee
Aie
Irving Atheenee
Itizen
Market
Fulton National Wee
Newark County
Chase National
Fifth-avenue
Metropolis
Peeees
Natio
First National
Brook Tees
Libert National
Osenee
New Amsterdam National
Astor Nationa West
Nat'l Bank of the
United States
Chicago
Minneapolis
Duluth
Pat Aeime
Northwestern
Slac
Pacific Coast
Galveston
California
Texas
India
Ios
Continental
Japan
New Orleans
Rio
Cordova
Minnesota
Sci. O.b
Slec
Buffalo
Sec
ST. Louis
Simnsthy
Isville
Cincinnati
Liverpool
Para
Tsec
Kansas
Toledo
Louis
Eney
Eeperea Gotan Direct
Oonnel
South Omaha
East Liberty
Trade in General Flour and Grain Markets Across Cities
Fluctuating prices reported for flour, corn meal, bran and wheat across St Louis, Louisville, Cincinnati, Cleveland and other hubs. Notes on butter, eggs, pork products, and petroleum markets with daily shipment figures and prices.
Poultry and commodity quotes across major markets
An OCR summary lists June market notes from major cities: Boston Cincinnati New York New Orleans and more. It records poultry prices fowl turkeys spring chickens and eggs alongside cotton wool and metal quotes and cattle hog and sheep markets in St Louis Chicago Kansas City and elsewhere.
MENTIONED IN THIS ARTICLE
Louis
Ucks
Mogeese
Boston
Cincinnati
Bragg Ree Stave
Chi Louisv
Live Stock Prices Muted as Indianapolis Cattle Market Steady
Union Stockyards Indianapolis June 6 Cattle receipts show a week of slow demand with local packers supporting prices while outside demand wanes. Fat cattle top around 5.15, feeders 4.86, heifers 4.65, cows 4.25, calves 4.75 with steady local activity and a cautious outlook for shipments. Hog receipts rise with overall week pricing softening as packers run steady to lower bids amid abundant supplies.
MENTIONED IN THIS ARTICLE
Interstate
Indianapolis
Union Stockyards
Lear
Back Yard Beautification Drive in Chicago Parks Group
The Chicago branch of the auxiliary of the American Parka Outdoor Art Association seeks to spark interest in backyard gardening. It outlines how blocks and districts can improve with plantings, shrubs, and lawns despite urban congestion. The piece urges encouragement and effort, noting almost any yard can be beautified for several months via small energy and taste.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
Union Traction CO
Union Traction of
City of Indianapolis
Newton Todd
Fletcher Bank
A. Fletcher & CO
Tate Deposit Veauit
East
Washington Street
Aafe
John Starrington
Harry B. Gates & CO
Fletcher Bank Building
New Telephone No
Atlas Engine Co
Albert R. Thompson & Co
Lombard Building
C. N. Williams & CO
East Market Street
J. Reeves & CO
Local Exchange
Bangs
BRR
St. L
St. Louis Southwestern
W.&l
Wheeling & Rene Ace
Wisconsin Central
Wee Tree
Wis
Central
Wees Express
Adams Weee Tone Tees American Ee
Wells-Fargo
R and i Foundry
Wees
Am. Am
Loco
R. Mining Co
Inter
National Biscuit
Pacific Mail
People's Gas
Iblic Steel
Uepublic Steel
Tenn
Union Ant P. Co
Lea Tee Weverw. S. Leather
Wee O Rubber
Steel Steel Nest Western Union Ares Ee
Senorit U
Swift & Apes
United Box Board
St Monetary
Ings
Treasury Statement
Associated Banks
THEM
Baltimore
O Bee Ae Baitan
Philadelphia
Produce Exchange
Sy Cance Inc
Fee
Louisville
Aaa
C. Ston
Olle
Oil City
Lima
New. York
Baltimoore
Rosin
Wade
Fio
Montpelier
North Lima
Saou Lima
OM City
Tenneueaes
W. J. Holliday & Co
Cau Saee
Fabrica
York
Eplenth Ile
Gulf
Tse
Wool
Metals
San A
Texas Fed
Beccles
Raser Lambe
Putea
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