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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Apr 24, 1923
Page
15
Bond market shows firm prices as funds ease and government issues range. New highs for Mexican and French issues noted, while industrials mixed and third Avenue deferred. Petroleum company offering oversubscribed, bonds yield around 6 percent despite market fluctuations.
Fragmented OCR notes show electrolytic metal prices with spot and futures data. References to Northern and Southern grades, prices around 37.19 and 28.90, and steady or easy movements appear, with mentions of fast St. Louis and April timing, lacking full context.
Day’s total sales hit 1,012,000 shares with 20 industrials averaging 100.73 and 20 railroads at AA LET, 104. Early trading was irregular, then heaviness before noon, followed by a late rally on short covering and buying. Steel and motors fell, while some issues like American Cable and Atlas Power rose. railroad stocks remained quiet with modest moves.
Washington April 23. Life insurance companies reported record new business in March with 243000 policies issued and total value of 14,358,000 dollars. Department of Commerce announced the March figures showing a nationwide expansion in life insurance activity and a high average policy value compared with prior years.
Disturbance at the curb exchange shows mixed demand with selling pressure from bears. Prices in rail, tobacco and commodity shares fluctuated. some issues hold at gains while others decline amid renewed activity and stop orders.
Cables report unsettled currency trading with the Reichsmark and others showing sharp moves. The unpleasent rate around four percent for the franc and the mark's decline amid mixed European trade signals.
Market notes show winter vegetables yielding to lighter produce such as feahhupe and spinned lestuea with good sploach quoted at St RIA to S848 per bed. Live poultry demand steady while fat fowl sell briskly and overall meat prices remain firm for veal and pork, with pork prices described as fair.
A brief New York dated notice appears with unclear OCR text mentioning an April time frame and a single personal name fragment along with scattered tokens. The readable elements suggest a formal notice but lack coherent details or a complete action.
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