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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 05, 1922

Page

15

Professionals Raid Weakened Market Feeds Decline

NEW YORK, Dec. 4 Professionals in market operations pressed a weaker technical position as rapid advances prompted short selling. Demand for sterling rose to 4.54, the highest since 1918, while Swiss francs surged on Swiss capital levy defeat. Studebaker and Canolite Petro saw gains on special reasons. General Asphalt fell, and major gaps appeared in United States Steel and other large issues.

Dacline Isaites Studeboxer Canfotniq Petrojoumaere Jevy Galifornia Petroleum Union Ou Company of California Pan-American Petroleum Company Studebaker Oleharce Standard Oil California Houston Mars Froducera Retiners Standard Ol New Jersey Standard Isses Alsa United Mates Steel Balawin American Loto American Ize American Smelting American Woolen Bethlehem B Corn Products Crucible Genel Electric Gulf States Steel Afarine Pullman Pacific Gas Peoples Gas United Hotal Storea Sears-Roebuck International Harvester

Wheat market shifts as world shipments loom large

Grain prices show downward drift with unsettled closing quotes for May July wheat. Corn edges lower while provisions hold steady as global exports and Argentina rainfall fears influence demand and U S visible supply drops raise market caution.

Caigago Dea Ocean Passage Jedon Ig World New York Argentina Europe United States Aso AUs_ tratia

Heavy selling in bond market hits speculative issues in New York

In New York on December 4 heavy selling of speculative railroad mortgage bonds, especially the St Paul and Erie issues, cooled trading. Industrials led declines with several issues dropping 2 to 4 points, while Seaboard Air Line and New Haven convertible bonds fell. Union Sugar and Copper groups rose few points, and overall foreign issues showed mixed moves. The day’s largest offering was a $4,048,000 first mortgage Central Indiana Power issue, sold at $5 and yielding about 4.9 percent.

New York Mort Snees St. Paul New Haven Chicrgo Alton Erie Consolidated Ganeral Pennsylvania Frisco General West Chester Bostoh Pera Erie eJrsey Gertril nneapetis-St.ouls Cerra Fish Rubber Ss Wilson Virginia- Carolina Chemical American Agricultural Chemical Cuba Cane Sa Morris Gachts Genamu Electria al Jande Fruit Sinclair Pipe Line Dla Maryland Zurich Brazil Denmark United States Central Indiana Power Company

Financial Report and Market Highlights From the Week

The report shows receipts and disbursements totaling 5252.40 for the period with mortgage loans at 8600 and withdrawals 736.96. Asset balances include mortgage loans 17800, share loans 3846, and cash 436. The 13th series shares will be issued January 1, 1923. Officers listed are O. Greene as president and Harry K. Lush as secretary. The piece also covers Bradstreet's index on wholesale goods, with 81 commodities analyzed. 19 up and 15 down from the prior week, plus industrial output data for anthracite coal and bituminous coal, and a critique by W J Wellman & Co on tax reform and revenue fairness.

Federal Building and Loanstate Hite Federal Building and Loan Association Ot. Greene Harry KR. Lush

Commodity prices report from New York bulletin

Daily price snapshot from New York shows updates on cotton and related commodities with clipped figures and abbreviations, reflecting market activity as of December 4.

Cotton Prices Rise as Global Consumption Outpaces Crops

Washington reports indicate world demand outstrips supply, with U S growers facing higher prices. Domestic consumption hits new highs while exports and foreign use surge. Officials forecast possible shortage next crop year unless yields improve.

Ralpil B Couch Washington Avanes Productian Bethen cLix Department of Commerce Dill

Boston bankers bidding on Fairfield bonds

Circulars issued by a Boston banking firm seek bids on 826 009 dollars in Fairfield bonds. A sheriff sale is set for December 2 at Riverside Drive for a grocery store owned by J. and F. E. Borman, with proceeds for Barry Boran. A congregational church meeting will hear proposals by Warren Cowles on town SWAY system plans, while a joint committee meeting among Fairfield churches was postponed.

Pairfield Boston Naking Hall Tomgecrow Edward P. Donlina Riverside Drive Sigw Post FE. Borman Barry Boran Fairfield Congregational Church Warren Cowles Civi

Biscuit Company Declares Dividend for Preferred Stock

New York December 4 1923 The Loose Wiles biscuit company declares a $70 dividend on preferred stock for the period February 1 1928 to February 1 1923 payable February 2 1923 to stock recorded January 24. A quarterly dividend of $1.73 on first preferred stock is also declared.

New York Loose Wiles Cult Company

Creamery prices and dairy market notes in New York

Fragmentary dairy market update from New York mentions creamery extras and high scoring entries, butter and whole milk trends, Wisconsin and Breie references, and fluctuating price quotes such as 34¢ to 72¢ for various dairy products.

New York Bre Ie Wisconsin Americas

Money New York: market quotes and loan rates

The New York money market report shows call money at 5 1/2, low rolling rate at 3, closing bid 5 1/2, offered at 5 1/2, last loan 5 1/2 to 6. Jean Agains admits 4 1/2. A designer remarks that true beauty comes from the right clothes and style.

New York Nish Jeane

Bankruptcy Firm Appeals 72000 Tax Levy

An appeal from taxes assessed by the city against Morris Metal Products, now in bankruptcy, seeking relief from a $72,000 levy over four years. Trustee Samuel Reich claims the levy is improper as government property requisitioned for the plant was taxed, and asks for reduction. Hearing before Referee Joni Keogh adjourned to Monday morning for possible city objections.

Morris Metal Products Company Joni Keogh Bunkupley Court Samuel Reich Pre Estate Toxe John Cowell, Jr Reterns

CURB MARKET NOTES TURNING IN ERRATIC TRADING

Curbstreet activity in New York showed wide and irregular moves with some leading standard oils firm briefly before selling. Banking shares rose on sympathy while several oil issues and solvents retraced gains as profit taking appeared.

New York Bee City Service Old Common Bankers Guif Ol Simmy Petroleum Salt Creek Mammoth Mutual Oil Brangard Oil Indiana Durant-Motor Mertey Motor Glen Aldes Cent Cuban Dominion Sugar Schulte Philip Morris New Jersey

Stock price network links to major cities and exchanges

Hemphill, Noyes & Co announce an investment wire system connecting Albany, Rochester, Boston, Philadelphia, Wilmington, and more to their New York office. The service provides direct private connections with institutions in Atlantic, Solumnus AU Stod, Jacksonville, and others, via offices on Wall Street and John Street.

New York Hemphill, Noyes & Co Moenhers New York Stock Exchange Wall Street Philadelphis Boston Pittsburg Apsny Laz Annold Beluimese Syracuse Willington Scranton John Street Bridgeport Barnum

November Bank and Tailuees Clearings Report

Bradstreet reports November tailuees and a decline in bank clearings. Total clearings reached 630.29 billion, down 19.9 percent from October, with year over year figures showing 8 percent gain from November last year but 64 percent higher than November 1929.

New York Bradstreet's Sail‘res

Foreign Exchange Rates and Demands Across Markets

The report lists foreign exchange parity and demand rates for multiple currencies. It notes par values in francs, lire, marks, and other units with varied cent equivalents, including Belgium, Switzerland, Germany, Greece, Sweden, Poland, Romania, Argentina, and Brazil. The piece outlines buying and selling rates and indications of demand across markets.

Belgium Guitzerland Halland Var Daman Germany Greece Ntnawer Sweden BUS Accong Lomond Dennisner Tecents Poland Argentina Par Demant Brazil

Realty Records Narrate Transfers and Mortgages in Local Realty Market

Real estate deeds and mortgage transactions listed involve Abraham Levy, Frank Mastrony, Rostha Mastren, Edward Spargo, William Winter, Edward Spargo, and Edward Spargo among others. Properties along Lincoln Avenue Hartley Avenue Seaview Avenue and Greens Avenue appear with dollar figures from $790 to $10,506, plus corporate filings for Tre Manufacturers Machine Tap & Supply Co with officers and directors named.

Ieee Willian .v. Sons Co Agolph Sherman Abraham Levy Tan Lincoln Avenue William ‘Winter Edgar Spargo Realty Grand Street Willam Winter Edward Spargo Really Manhattan Willan Winter Edwar Sparro Hartera Avenue Edward C. Spargo Winter Hartley Aveny Winter Realty Greens Avenue Bridgeport Savings Bank Chaet Robstock, Realty Seaview Iuc Julia L. Murphy Procter Realty Armour & Co New Jerseys Armour &Co Iwinola Wall Street Frank Mastrony Rosina Meatrony Link Avenue Rostha Mastren Lin ‘Coln Avenue Dotite Margaret Mevittes Tulity & Road Alexander Realty Hancock Aveny The Maveles Schaack Co Will Schaack Noble Avenue Frank Mastrony& Rostnatrony Lt Coln Avena Martin W. Leighton Entity Mortgage Co Joseph Cataher Tas Security Roossevelt Street Michael Rebetock Lo! & Nettleton Co. Realty Seaviews N Fashftea Conn Ambrose A Johnson Conn Joby Smith Stratford T. Leo Lalley Ambrose S Jonnson Albert EB. Wright Rae

Also Mentioned on This Page

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