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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Jun 09, 1923

Page

6

Market Developments Signal Weak Spot in Strong Market

New York June market report notes heavy industrials with moderate volume and little domestic impact. Rail shares led activity as lower priced issues rose on dividend prospects while high priced rails paused. California Petroleum and Schulte-Aimeas gained, American Locomotive and Studebaker fell, money conditions unchanged and foreign currencies softer amid Berlin reparations talks.

Washington New York Berlin Aldes Cendral New Jersey Southern Railway Tte St Paul Pere Marquette St. Louie Southwestern Bok Naif Baltimora Onfo Aéven Wabash

Stock Dividends Reported by Several Corporations

Directors of Bone Star Company declare an extra 3 percent dividend plus the regular 1 percent, payable June 30 to holders of record June 20. Chandler Motor Company also proclaims a quarterly 3 1/3 cent dividend payable July 2 to holders of record June 20. National Department Stores shows April earnings of 3,365,603, a 13 percent rise from 1922. Merck & Co and Shell Transport note quarterly or currency dividends, Equitable Trust receives rate updates from its London office, and Bethlehem Steel faces no adverse dividend outlook for the July board meeting.

Specialio Washington Paar New York Bone Star Company Addi Hon Estes Ape Chandler Motor Company Chandler Teres, Inc Merck &€ O Ite Racord Equitable Truat Company London Shell Transport and Tractihe Company, Ltd Bendon Equitaciste Trust Company Fugens C Grace Bethleham Steel Corporation Weld Postum Cereal Company Way Arec International Shoe Co

Wall Street Notes On Bonds Dividends And Loans

The report surveys bond market shifts with Austrian loan prospects and higher demand for new issues. It notes continued pressure on Banking Trust and Mortgage Co stockholders to liquidate, while dividends from Postum Cereal and International Shoe spark investor interest. Also referenced are U.S. treasury rate expectations, wartime contracts in Bethlehem, and local price movements in railway securities.

Morris BH. Glazer Inves.er Washington Austria United States Treasury

Breuninger resigns from National Mortgage firm to join new venture

Breuninger, vice president and manager of the National Mortgage and Investment Corporation, resigns to join a new mortgage and finance company organized by Roy L. Neuhauser. He also serves as president of Citizens Wings Bank. The Washington chapter of the American Institute of Banking plans events as Bankers subcommittees prepare for a convention review with Howard Moran. Bank clearings for yesterday totaled 2,614,828 versus 3,726,044 the previous day and 2,119,368 the prior day.

S. BE. Breuninger National Mortgage and Investment Corporation New Mortgage and Mnance Roy L. Neuhauser Greuniter Citizens Wings Bank Washington American Institute of Banking W. M. Rankin Riggs National Bank Convention Committee District of Columbia Howard Moran Hot Springs

Alfred H. Swayne Named Director of Lehigh Valley Railroad

New York June 8 Alfred H Swayne vice president of General Motors Corporation has been selected a director of the Lehigh Valley Railroad to succeed the late Charles D Borton.

New York Alfred H. Swayne Géneral Motors Corporation Lahigh Valley Charles D.borton

New York Cotton Prices Jump Then Fell Throughout Day

July contracts surged to 37.90 before slipping to 27.50 as the market opened barely steady on easiness in Livar and Liverpool, with October at 24.16 and January around 23.15 amid selling pressure and reports of improved export demand. July later rallied on stock covering but finished near lower levels, while October and January remained 67 to 87 points down. Export bales modeled at 612 today, total 4,486,451 for the season. Fall River print cloths sales about 44,000 pieces amid mill curtailment signals. Port receipts 35,448. U.S. port stock 285,851. Paris money market showed irregular bourse movement with 3 and 5 percent rente rates and the dollar at 15 francs.

New York Liverpool Bet Fall River U.S

Also Mentioned on This Page

Wih California Pete Pers Schulte Aineas Ury Cooda Public Service New Jersey Common General Cigar Woolworth Colorado Puel and Tren American Express Adam Express Induster Stocka Ménéy Atering NEW York Stock Exchange Epa Grace Bethlehem The International, Niche Co A&s United Aiatas Vege Banking Trust and Mortgage Company Maj William Kyle Maj. Kyle W. H R E. Stocks Washington Railway Securities Common Saltra Forrige Exchange Britain Hanke Germany Norway Sweden Denmark Switzerland Spain Greece Poland Gaedioslovakia Argentina Braall Montreal Azit Baltimore Créemery Janey Rayana Ennaylvania Tolis West Virginia Maryland Pennsylvania Oetana Siza Ford WEW York Money Markey Spt Aly Boston Washinston Island Creek New Cornelis Nipissing North Hutte Swill & Coy Alr Ajax Rubber Lima Am. m. Ag Loew's C. Nt MacKay Pi F. Pf Mallinson Macy UR Ae Am Car & Fd Ragi Man. Blev. Guar Mar R. Pr. P Sloot Am. Prorese Marlin Rockwell Lax Ly Fay Dept St. A Sat Mcintyre Min Moex.Seab. Giletts Cael Wees Am. Smelt. Pr Tm ST * Ag Midvale Steel Vana Tel. & Tal Pacific Mo. Pac Wks. Pr Acme We Inc & Lead Biscult Ancona Om & Sult Ibanis Ie Assets Realty Ann Arbor D. Brore O Assoc Gil Atchison Rai ‘Ail Atehlaon Pf Atl Air Brake Coast Line Central Kit Trs Prutt Nor. & Wast Nor Pacific Ts Nor. Amer. Pf Ohio Bi Balawin Az Balt Orph'm Balt Ohio Pt Pacific of Beth Steel Bs ‘Ackerd Motor Booth Fish Beth &T P Pan-Am Bklyn Edison Panhandle M. Be Iw Te Atte Ues Penn Sea Pronie G Peor East Brunawick Burns Bros Pere Marg. Pr. Pf Burna Ae Pets Marg Cai Phila. Co But & Buy Philt Morris Cally Pauly Calif Petrol Pierce-Arrow Calle. Petrol. Pf Idea i Fierce-Arrow Pr. Pf Pierce-Arrow P Catit Petra New Pierce Canahan T Pitts. Coal Hyae Chea Ohlo A Pullman Co Chea. A Ponta al. Bupar Ratiway Tan Bec. Pt Wa Remington Vt CHE. Pate Tool Bernie Springs al Bots Bey Hae Chile Bt Foe Col & Son Colum. Graph. A Bt ¥ al. & B Ste Textile Schu Fo Retail Bt Ang Sears, Roebuck i Cosden Shell Aw I Ruct, Steel, Ag Simmona Ca Cuba Ims Sinalate Gon Pt OH WN J. Tandard Gil N.aan du Pont de Nem du P. de Nem Rem Blewart Warner Jonn Stromberg Studebaker Abrigrine Bor Erle Exchan M & Play Texas Tenn Chem Texan Gulf Ar & F Coal & Oi Ischmann Win City Una Typwe Bite Cigar Underwood Asis Union Pac He Glidden Co Golawyn Ty Hyltart Oodrich BLM Ry. Inv. Pe Joodyr. T. & R. U Gwyr Tar Pr. Pei West Su Gulf Star Sd F He'shaw Bink Bec Houston Vanad. Corp Va.-Car al Va Indiahoma Tlinekt Harv Maryian Nec Invin Interte Corp Jewell Chesspeake & & Q Inter. Vei Ennagott Middle States Btrombers Texas Co Cbicago Ungérieider & Co Cudahy Ee Continents Motors Ih Mo AL Edison Eithy Ca National Leather Emery Ward Quaker O Américas Ips Bys Jynet Mary W. B. Hibbs & Coy Baltimore Securities Juné & City and State Securities Iz Kk Ya Imore Gite aeOews Rec Ito Cit Balto City Oathy Ty Balto Bal City Mies At Balto GAS and Electric Hay SB Ie LTS l. P Yender Pia LL & P. Ie Timore ‘Trust Balito Commerciay Central Fire Insurance Citizens National Colonial Trust Continental Trust Omimerce Trust Commercial Credit Com Fea Errogre & Merch S. Denosti AB Finance Service Ptate Finance Co Marine Gan Erchanta Path Central Bank Rea National Exchan National Union New Amsterdam Old ‘Town Park Bank Gus Enon Tru RS Md. Motor Trim American L. of Conn South Fis Pia Northern Central Uni. ee + & Blac. Co Dan Wil Weldon Bale Grey’ & Sub Rys Fy Howe Alabama Alabama Co Wraale 'Corp Arundel Corp. Co Arundel Corp Eastern Holling Mill Ais Isaac Benesch B. Hurat Hurst Vernon Pa Water & Power Ae & A S. U Ak Vernon Boy Elity Guaranty T & & Wise Pty Cann Das Conn Vérnon Mt Vernon Ib Lehigh Board Daily Business Chart COM Europe Asia TR Aferica North America Ifes Ralph ED Paris Snc Ibs Ate Witt-Will Capital One Continental Trust Company Wanhington Post Mfteen Representative Industrial Amt St Wee Lora Omer N Stoeke New Oriexan Calverton Obarlentan Wimington Norfolk Raitimurr Philadelphia York Eae Ninor Ports Torgl Ceasor Idm New Orleans Galeraver Ao Sevannan Mulslog Baceipts Bhipats Brock Hoosen Ogate Memphis RBS Bacy Lowie Little Rock Montgomery Ananta Dallas Ralph W. Lee & Company Fieet Joseph I. Weller Ja I Second National Bank Bank of Utmost Service F. B. Keech & Company George A. Garrett Telephones Main
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