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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Apr 07, 1922

Page

17

Bridgeport Telegram Reports April Stock Market Rally

New York trading on April 6 shows a broad market surge with about 1,575,000 shares changing hands. Gains touched the highest levels of the year across steel, motors, chemicals, textiles and oils, with renewed optimism about industrial revival and railroad earnings.

New York Stock Exchange Salter Isstes Bellice Ano Nait Nited States Steel Ab & Slight Market St. Railway United Railways Reading Texas Pacific

Advertising to Sell Federal Treasury Notes Campaign

Four cities Omaha Nebraska South Bend Newark and Seattle have been chosen for a newspaper advertising campaign to promote four and one half percent Treasury savings certificates. The move follows a suggestion by Secretary Mellon and aims to stimulate sales with a businesslike approach. Initial response in the four cities has been satisfactory and officials expect the campaign to be extended.

Omaha Neb South Bend Ind Newark N. J Seattle Washington United States Black Jacal Treaswry

Connecticut Bank Bonds Authorized for Savings Banks

Bank Commissioner Everett J Sturges plans to publish a list of bonds legal for savings banks in Connecticut. An official New York opinion suggests railroads that have skipped dividends may lose legal investment status unless they resume at least 4 percent payments before year end. Several railroads that have paid dividends in the past may try to restore payments to remain eligible.

Everett J. Sturges Connecticut New York L Xavings

Money New Fork Turns On Call Money Rates

Reading appears to report a money market brief with figures for call money, closing bids, and offered rates. It notes a high 3, a 4 1 2 rate, and terms on loans against acceptances. The fragment suggests a Treasury or banking page snapshot of daily money rates.

New Fork

Bridgeport Factory Employment Up From Last Year

A summary from the Manufacturers Association shows a 15 percent average employment gain across 31 Bridgeport factories compared with early year conditions. End March figures: 14,051 employees, 55.5 percent of estimated normal, and 82.13 percent of the 1921 level. Total weekly hours rose, while payroll headcount declined, as employers push for full-time operation to recover losses from reduced hours.

Bridgeport Nversko Inet Manufacturers’ Association Cen. Lis. Ofs Normal

Wheat and grain prices rise on Midwest weather signals

Wheat forward contracts edged higher on April 6 as unsettled weather from the south to Liverpool spurred buying and selling. May and July quotes advanced while corn and oats gained modestly despite weak hogs markets. Provisions stayed under pressure as export demand softened and shipment volumes remained small versus last year.

Chicago Soeuth Liverpool Seaboard

Commodity prices New York April 6 cash prices

A New York market summary lists daily cash prices for staple commercial products with year-ago comparisons. Wheat and steel futures are noted, with print cloths and other textiles included, reflecting lending trade quotations and general price movements.

New York

Local Dairy Ads Reported Amid Blurred Text

Fragmented New York dairy advertisement mentions Creamery products and prices with unreadable portions. Listings show whole milk deals and regional items tied to Wisconsin and nearby markets, with unclear dates or brands.

New York Treah Wisconsin

Foreign demand lifts American farm exports to new highs

Reports from the Department of Commerce and Agriculture show a booming movement of U S farm products to foreign markets. Through 1921 to 1924 exports reached tens of millions of tons with wheat and tobacco valued at hundreds of millions. Germany France and Britain purchase sizable shares while global demand strengthens farm prosperity despite domestic economic slowdowns.

Wb Mes Enea Muyemendur Amer Gericuinrat Camsmerce Geprimente Germany France Engh Gaertnny Adils Beccagie Huan James Con Mali Busaiii Riseia Vrais Ng Uy

Local Bonds Advance Two To Ten Points in Quarter

Current prices of listed bonds show an average gain of two points since year start with as much as twelve in the period. Utilities Bridgeport Gas Light and other issues lead gains, while Conn Light & Power and United Illuminating hold near high bids. The market summary notes overall strength with several issues reaching new highs as of early April 1992.

Salts Textile Bridgeport Ted Conneticut Rayway & Lighting Jainery Dida Pointe Bridgeport Gas Light S Ming Y Pont Pferingys Bridgeport Hygraulic S Connacht Cur Light & Power Tes Salta Textile Js Rorisage S Mureh Stata Connectieughs Thorle United Mluminating Wiloh

Curb Market Report Highlights Varied NY Stock Activity

In New York curb market trading the day saw new Ten shares entering trading with notable activity from Merling Products British American Tobacco Eastman Kodak Gardner Motor and Reo among others. Packard stock remained firm and some traders noted declines in select offerings while Standard Oil and Kentucky data featured among firm and cautious moves.

York Apolto van Ralle Glen Alden Goni Sandard Ol Suondava Kentucky

Foreign exchange moves strain postwar credits in New York

In April we see frantic shifts in exchange rates as investors reassess war loans payments and the terms for Allied and non Allied currencies. The report notes turmoil affecting British and Slovakian relations and hints at Argentine gold influence amid unsettled markets.

New York Tore Guak Fintign Gere Fan Jfe England Paris

Domestic Rails Hit High Marks In Bond Market

New York April 6 Bonds showed broad expansion with strong tone across divisions. Mexican Pacific Chinese Railway Ghana lines led gains while domestic rails like Seaboard and Minnesota St. Louis edged up. Total sales reached 716.549 million dollars in par value.

New York Oday Liberty Pyai

Metal Market Now New York Copper Prices Edge Higher

Copper prices show slight gains across spot and nearby contracts with reported ranges around 127 8 to 129 1/2 while zinc climbs and lead remains steady. Antimony trades near 450 with East St Louis showing firmer activity and overall market subdued amid cautious trading.

York East St Louis

Also Mentioned on This Page

Rae Telegram Treasury Adams Gil L.iy ANG Furley Con Com & Bou Steel RGN Gen Blee LG Tech Ann Kan & Gul Lacko Steel Ai Rann Tebleh Lig & My AB TNO de Lott_Inc North Pac Otis Gi Pitts & Wow Sears Roe Pau Texag Co Ang Soi Orlen Paccom Willys O'land Hincks Bros. & CO New York Stock Exchange Main St Bridgeport, Conn Waterbury, Conn Greenwich, Conn Waterbury Nat'l Bank Blix Greenwich Avec Quey Pramanin ACO Ro, “One Bally Textile Pwr Sterty Gexa Abe Ee Fey Genoa PO Viena Stockholm Copeniveen Ery Ward Fry Spain Orack Metal Market Uneeloes Texaco the Texas Company U S. A Texaco Petroleum Products Texaco Gas Texaco Oil Les Gal Beneficial Loan Society Second Ploor State Bank Bridgeport Chamber of Commerce Bridgeport Hydraulic Oows Oiles of the Main Street C. Brotherton Aan
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