Market Calm Amid Webb Group Turmoil Hits Banks’ Resources
New York May 3 The stock market shows limited fever after Webb group collapse in exchange and curb trading. Banks absorb the loss as money markets tighten with May demands. lenders shift toward trust companies to meet reserves, while power disputes and speculative margins spark debate on price movements.
MENTIONED IN THIS ARTICLE
New York
Woday
Webb Group
Stock Exchange
Louieville & Nashville
Pennsylvania
St. Paul
Rutland
St. Lawrence & Adirondack
Wall Street
Webb-Meyer Securities
Hanoverational
Dr. Webb
Woodward
Webb- Meyer
Stock Exchange 5
Rutland Railroad
St. Lawrenece
Adiromlack
New York State
New York Associated Banks
Rock Island
Pear
Granger
Adirondack
Curb
National Fiber and Cellulose Company De-piths corn stalks for paper and boards
A Chicago backed venture proposes to convert corn stalks into paper and box boards by a de-pithing machine that separates ears husks leaves shell and pith. The plan awards local plants 45 percent stock with royalties to the parent and promises profits for farmers and manufacturers through widespread depithing plants and new mills.
MENTIONED IN THIS ARTICLE
Delaware
Corn Belt
National
Canada
FE Cent
Alee
Jocal Nts
Machines for husking and depithing corn for paper stock
An authoritative report from Chicago English High and Manual Training School dated February 7, 1802 details machines designed by J C Miller to husk strip and depith Indian corn. The device operates without shelling, removes leaves, cleans stalks, and depithes shell from pith with durable construction. Estimated capacity at least six tons per day ten hours, power five to seven horsepower. Repairs feasible in ordinary shops.
MENTIONED IN THIS ARTICLE
United States
George R. Sherwood
Chicago
Desien
Scampionek Ad
J.C. Miller
Market Tone Improves After Bank Statement May 3
New York traders saw a calmer opening with less selling pressure and stronger demand for top stocks. Bank data surprised by a gain in cash, while loans rose, boosting confidence and sending prices higher. curb stocks remained weak and mining shares faced uncertainty.
MENTIONED IN THIS ARTICLE
Moyer & Kiser’s Telegram
New York
New York News Bureau
Stock Exchange
Bursting of a Log Jam Scene From The Blazed Trail
A timber region scene describes a sudden log jam burst driving a wall of water downriver. The torrent mows trees from the bank and races toward a river gorge, creating a dramatic encounter as workers react with alarm and rapid action.
MENTIONED IN THIS ARTICLE
Carpenter
Samonetek
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