Copper and Steel Firms Unite Hinted by Market Signs
New York reports point to a potential consolidation of industrial companies into large units. Rising sterling exchange and Western exchanges alongside substantial bond activity signal funds moving into tax investments at low rates. Analysts caution that immediate production expansion after January 1 is unlikely, despite these indications.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
New York City
Audi
Bank of France
Heral
Merger Wave Drives Steel Copper and Oil Sectors
The piece discusses potential consolidations in steel and copper industries, noting joint selling efficiencies and reduced overheads as incentives. It compares merger momentum across steel, copper, and related sectors, amid expectations of cost cuts and stronger competition in foreign markets.
Decline in Foreign Trade Tied to Price Drops
Dr Julius Klein head of the Bureau of Foreign and Domestic Commerce says in his annual report that lower prices, not reduced quantities, caused a 3 billion dollar drop in U S foreign trade value in the last fiscal year versus the year before. He notes weight gains in raw materials and foodstuffs, but declines in manufactured goods and woods. The report cites world price and demand trends, heightened competition, and reduced imports as key factors, calling 1080 22 the most dramatic period in U S foreign trade history.
MENTIONED IN THIS ARTICLE
Julius Klein
Bureau of Foreign and Domestic Commerce
Department of Commerce
Pomter
Kleinig
United States
Payroll shifts show woolen gains and iron declines in 1921
Payroll surveys reveal the woolen industry led employment gains at 74 percent with wages rising 58.2 percent, while iron and steel suffered an 83.1 percent drop in employment and 64.2 percent in payrolls. Other sectors like ready made clothing and hosiery also rose, whereas car building and repairing and paper making fell. Comparative data show mixed payroll changes from October to November 1921 across seven industries up and seven down. Wholesale prices fell across farm products and textiles, with farm products 31 percent cheaper than a year prior and overall general levels down 48 percent since 1913.
MENTIONED IN THIS ARTICLE
Lyon and Steel
American Firms Offer Big Loan to the French
Paris reports keen interest in American financiers floating a loan of several million dollars to cover the Seine budget. Three offers are named Kuhn Loeb, Bernard & Co, with others including Guaranty Trust and Bankers Trust. Bond terms expected near seven percent. approval anticipated next Thursday.
MENTIONED IN THIS ARTICLE
Paris
America
Department of the Seine
New York
Kuhn, Loeb & Co
Bank of Bernard & Co
Guaranty Trust Company
Bankers Trust Company
Seine
Chamber
United States
Germany
Tage
Paul Douvier
Bank of France
Ongoing Dublin Peace Row Ends With Hopeful Poem Pause
A lively Dublin political clash sparked a hopeful poem about peace as leaders reportedly reach conciliatory tones. The write up notes initial praise and then a pause saying the poem will be printed next Saturday, amid a room-wide mood of relief.
MENTIONED IN THIS ARTICLE
Dia
Dublin
Famine relief and local society events in Washington
Famine relief is planned at the Masonic temple tomorrow night. The West End Citizens' association schedules a Christmas musicale at Concordia Lutheran church Wednesday. Civitan Club hosts its big monthly luncheon at the Shoreham tomorrow. The D C Federation of Women's clubs presents a society play at Carroll hall tonight. Cantello Post No 45 American Legion holds its final meeting of the year tomorrow night at 8 in the District building board room.
MENTIONED IN THIS ARTICLE
West End Citizens’ Association
Concordia Lutheran ‘Church
The
Civitan Club
Shoreham
D. C. Federation of Women’s Clubs
Carroll Hall
Fince
B. Cantello
No. 45
American Legion
London Stock Markets Quiet Yet Cheerful Amid Conditions
London stock markets showed a cheerful tone as Christmas spirit settled in. Despite lighter activity since last Monday with 6,000 sales, over 11.5 million pounds of new capital were placed last week, consols rose above 50, and the war loan closed at 9 1 4. The rally was tempered by US policy and a cautious outlook for trade revival, with Stinnes preparing private talks to exploit Russo Asiatic ventures through an Anglo German consortium.
MENTIONED IN THIS ARTICLE
London
New York
Washington
America
Capelcourt
Hugo Stinnes
Russo-Asiatic Corporation
Russia
The
New York Herald
Earthquake at Georgetown University Reported as Very Severe
An earthquake described as very severe was recorded yesterday on the seismograph at Georgetown University starting at 10 37 am and lasting until about noon Father Tondorf of the universitys scientific staff estimated the epicenter south of Washington and about 2500 miles from the city.
MENTIONED IN THIS ARTICLE
Georgetown University
Father Tondorf
Washington
Birth Control Pagan Says Archbishop Hayes
Archbishop Patrick J. Hayes denounces birth control and divorce as pagan in a Christmas pastoral for the New York archdiocese. He urges Catholics to resist pagan philosophy, condemns divorce as a national curse, and warns that diminishing offspring erodes society while emphasizing every immortal soul.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Archdioccese
Patrick J. Hayes
Rome
Caesar
Controversy over federal lynching bill reaches House debate
The House faces a long debate before considering a proposed lynching bill by Rep. Dyer. It would move trials of mob violence to federal court, impose heavy penalties, and direct county fines to victims’ families. Party lines split with opposition from Democratic leaders over constitutional concerns.
MENTIONED IN THIS ARTICLE
House
Mae Nority
Soma F
Washington
Panama
Mondell
Representative Dyer
Judiciary Committee
St. Louis
Oldest Washington charity home aided by visiting nurse group
Visiting report highlights the Children's Country Home, oldest in the district, under Miss Botling and Miss Ford with Miss Shotts supervising. Children are referred by hospitals and health boards. funds sought via a New Year’s ball. Also notes real estate listings in Brentwood and Berwyn including a four room bungalow with utilities and a new groom bungalow with lot and garage.
MENTIONED IN THIS ARTICLE
Washington
Janus
Child Welfare Society
Clumbia Hospital
Providence
Board of Managers
Joseph L. Leiter
Rauscher
Brentwood
Berwyn
Itp
New Groom Bungstow
Attractive five room bungalow near NE area for sale
Real estate listing describes multiple homes with five to six rooms and baths, modern heat and electricity, hardwood floors, porches, garages, and deep lots. Immediate possession and favorable terms offered. several properties located near Arcadia and Mt Pleasant districts with varying prices from 7,350 to 11,250 dollars.
MENTIONED IN THIS ARTICLE
Woodside
C. BH. Zantzinghe
20Th St
dePe
O.dot
Satasisir Ie
Mount Pleasant
Rock Creek Park
Chevy Chase
Maryland
Arcadis
Lain Xt
MT. Pleasant
16Th At
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Welch Beth St. Rny
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Yeananable
National Mortgage Mine Investment Corp Nation
Yale
National Mortgage Anna Investment Corporation
Lansbury Building
F Street
Equitable Co-Operative Building Association
Equitable
Riemer.& CO
We St
Pecside
Swartzell, Rheem & Henney House
Swartzell, Rheem & Hensey Co
15Th Street
N.W
Washington, D. C
H.L. Root
Fifteenth Street
Nain
Samuel Ungerleider & Co
New Willard Hotel
James Sloan, Jr
New York Stock Exchange
Cleveland Stock Exchange
Chicago Board of Trade
Leader-News Bidg
Cleveland, Ohio
Chamber of Commerce
Columbus, Ohio
J. S. Bache & Co
Halle & Steiglitz
Axigrbatic
Anaconda Copper Mining Company
American Brass Company
George
Iit
Emiles
Isle
the Bell Syndicate, Inc
Sian
Masonic Temple
Southern Society
Lord and Lady Lee
Fareham
Willard
United States Marine Band Orchestra
Marine Barracks
Orajpoks
R | Anthropological Society
National Museum
Cify Rock Beneficial Association
Street Armory
Kalorama. Citizen’ Association
Hishlands. . Ee
Ae Ay Potter
Purdue University
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Foster
Georgetown
City
Archbishop Hayes
Wall Street
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Brougr
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Sumners
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Montague
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Paine
Tees
Stone & Fairfax
New York Ave
Felts F.a
Solubedor
O. B. Zanteinger
Eastor
10Th St
North
Columbia Heights
14Th St
Shepherd
Bath
Williams. Phillips
Washington Eal Estate Board
N.Y. Ave
Mahorney & Sullivan
Eye
7Th ST
14Th St. NW
Woodridge
14Th Street Heights
Petworth
Main
Saul
Columbia
Brig. Brice
Eadh
Park Road
Mehta