Studebaker Gains on Dividend Hope Amid Market Weakness
New York trading diary notes Studebaker rising to 12 7 3 as investors await news of a 19 cent dividend and maintenance. The broader list shows railroads weak on rumors of dividend cuts, with Great Northern and Canadian lines slipping and industrials softening, while Kennecott Copper and a few names edge higher after late headlines.
MENTIONED IN THIS ARTICLE
Studebaker
Kennecott Copper Company—Steels
New York
Raron Listy
Great Northern
Great Northern Pit
Plaace
New York Central
Canadian Pacific
J. Paul
Chicago
North Western
Delaware
Trucson
Lois Central
Union Pacific
Kendang
Louisville
Nashville
Stunebaker
Keniiecott Copper Company
Whien
Kennecott
Commodity Prices New York Trade Roundup
Call money firm with high 1 2, low 3, ruling rice closing bid 6 1 2, offered at and last loan 52 1 2 percent. Intermittent notes show heceptanode 1 3.
MENTIONED IN THIS ARTICLE
New York
At & Dad
Grain market outlook turns bearish on rain and supplies
Wheat declined from early losses amid large selling tied to stock market shifts. Note on Argentine rains and domestic crop conditions weakened prices while expectations of larger corn and hog supplies influenced bids. By day end, selling pressure eased and some rebound appeared as futures stabilized.
MENTIONED IN THIS ARTICLE
Pittsburgh Coal
Treamington
California
Petroleum
Standard Oi
Houston
New Jersey
Royal Butch
Vacuum Oiland
Standard Oil of
Kansas
Kronor
Chicago
Ziec. F
Ivor
Tiverpool
Aneides
Washington
Tewa
DuPont Declares Stock Dividend After Shareholder Vote
Detailing Wilmington report, DuPont declares a stock dividend of 0 per jeune on common stock following a stockholders vote to raise the capital base by 200 million dollars, expanding the expirer Ite to 200,600,600.
MENTIONED IN THIS ARTICLE
Wilmington
Cas
DuPont
iDeNemurg
New Haven 4s Lead Railroad Bond Moves In Mixed Market
New Haven 4s of 1957 led a railroad list jump of 4.5 points as uncertain government financing terms weighed on ibonds. Foreign issues showed steadier gains, with Holland-America 6s up about two points and Cuba 3s up 1.25. Total sales reached 11.697 million par, with Bergen County road bonds offered around 4.25, and a $3 million South Dakota royal credit issue poised for sale.
MENTIONED IN THIS ARTICLE
New York
Isppes
Cuba
Netherlands
New Haven
Pennsylvania
Interstate Commerce Commission
Texas & Mexico
Chicago
Great Western
Erie Consolidated
Louisville & Nashville
Brooklyn Rapid Transit
Interborough
Feeport2
Stad
Connar Steins
Glay
Distillers Sécurities
Warner Sugar
Cerro del Pasco Sis
Bethe Teheran
American Agricultural
Bergen County
N. J
Joes
State of South
Local Produce Prices and Market Report Highlights
The state Marketing Bureau notes varied prices for fruits and vegetables with onions up about 60 cents per 100 pounds, cabbages firmer, and apples trading heavily. Butter remains firm. meats and poultry show weakness in some cuts, while new California navel oranges and Western onions arrive in larger quantities. Wholesale figures cover apples, oranges, cabbage, onions, potatoes, and dairy with mixed sharpness in tone and cautious demand.
MENTIONED IN THIS ARTICLE
State Board of Agriculture
Florida
Laos
Nation
Kennery
Mitch
Credit and Building Trends Across Regions
The weekly Credit Clearing House report shows continued nationwide purchasing activity with a slight seasonal dip. North Agriculture transport and Industrial East assail movements suffer from strikes, while Bridgeport builds optimism with permits totaling 226 215 and three new major projects. Main Street sees a two story brick building by Carl Rack replacing Lane Candy with two shops below.
MENTIONED IN THIS ARTICLE
Credit
Clearing House
Daniel M. Rowland
Alvin Vy, Hancock
Bridgeport Land & Title Company
Panlel M. Rowland
Building. Com- Tilesioner
Prospect
Middlestree
Bridgeport
Main Street
Carl Rack
Lane Candy Company
Stock dividends surge as firms seek tax relief
New York today saw seven leading corporations and banks announce stock dividends totaling 94.5 million dollars, pushing recent combined totals above 1.6 billion. Companies including Studebaker, Vacuum Oil, William Wrigley Jr., Bank of Manhattan, Equitable Trust, DuPont, Whitman Mills, and Standard Oil of Kansas reveal large increases in capitalization and new stock issues amid expected favorable tax legislation in the next Congress.
MENTIONED IN THIS ARTICLE
New York
Studebaker Corporation
Equitable Trust Company
Dupont de Nemours ‘Company
Whitman Mills
New Bedford
New York Dairy Market Prices and Butter Metrics
Market report shows butter and creamery extras fluctuating with state dairy suba at 7 to Blinc. Ladies frocks and cheese market specials noted with irregular near terms. Fresh milk and white fancy goods priced around 64 to 70 cents, with some items at 50 to 80 cents range and nearby wholesale adjustments.
MENTIONED IN THIS ARTICLE
New York
Fem
Creamery
State Dairy
State Whale
Bexe
Bankruptcy Petition Filed by Bridgeport Upholsterer Donahue
A voluntary bankruptcy petition was filed by Janés Donahue an upholsterer of Bridgeport. Assets are listed at 2,780.11 with a 90.59 claim and 98 in allowances. The first creditors meeting is scheduled for December 1.
MENTIONED IN THIS ARTICLE
Janés 1
Donahue
Bridgeport
Realty Records Mortgage Deets and Deeds Summary
Real estate transactions include Ideal Coal Co transferring to Gebnatiang scalo on Evergreen Street for 10930 dollars and three installments. Mary E Hickey sells to Schnee Schnee Inc and to The Sequilive Mortgage Co for 1500 dollars on Arch Street. Warranty and tax deeds list transfers from Herman N Silver to Mary E Hickey and Scale to John Chiota with North Washington Avenue properties. Schnee & Schnee Inc and others appear in multiple Arch Street realty dealings.
MENTIONED IN THIS ARTICLE
Ideal .Coal Co
Gebnatiang Scalo Ong Emanuela P.fcalo
Evergreen Street
Igino
Manlio
Richard C.’ Raymond
Jewett Venus
Mary E." Hickey
Schnee Schnee Inc. Realty
Arch Strest
Mary E. Hickey
Ce Realty
Warrenty
Herman N. Silver
Mery Eey
Realty
Arch Street
John Chiota
Terasea
Chiota
North
Tile Guaranty & Trust
Cotasy Parmaley, Realty
Chopsey Hitt
Yond
Peppas Sues Norwalk Firm Over Debt in Court
Georg Peppas of New York City sues Carthy Company of Norwalk alleging a debt of 9,200 dollars in the Norwalk court. The filing asserts the firm owes the money and seeks judgment for the amount in question.
MENTIONED IN THIS ARTICLE
Georg Peppas
New York City
HellPoror
Carthy, Company of
Norwalk
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THE
Bridgeport Telegram
Hien
Tox
Ehigh
Lornard Tepeeco
Standard
Miline
Woolworth
Cluett Peabody
Kelsey
Leur
Ian
Pat
Amy Ree
Bork
Aries
Adams
Altea Chem
Ito
Ody
Balt & Mae
Brook
Ches & Ohio
Chile
Soay
Chino Cay
Cigar
Davis
John
Envinel
Mirtvale Staris
Marine
Chinas
Anon Aide Oi
Ava Blewsy
Pullman Bon
AOD Rev
Cone
Sebra Son
Tron
Texas
Paneer Xy
Fang Water Oire Down Union Pac
Union- Pac Ptan
United Drug
United Fruit We
West Ma
Black Rock
Congregational
NEW Catholic Church
Bridgeport Land and Title CO. Realtors
Hincks Bros. & CO
Main St
Bridgeport, Conn
Barnum
Stable Industrial Loan Society, Inc
Pettfield Ave
Ames Staples& Co, Privare Bankers
State Street
DU Pont
Manufacturer's Association
Neodesha
Standard Oil Company of Kansas
State Charter Board
Lst
Bern
Earth
Sues Norwalk Firm
Puritan Mortgage Corporation
Ars ET
L National Ank
Basten
Central Trust Company
IlInois
Norte
First National Bank OF Boston
Charles Mr. &. T. Martin
B. Breed
B. J. Baker & Co., Inc
Washington Street
Boston
Everlastik Incorporated
Massachusetts
T. Martin & Bro. Mfg
Chelsea
Mass
Lowell
Hub Gore
Brockton
Lealague
IMC
Bayonne
Bridgeport Elastic Fabric Co
Sandereon Ant Porter
Roper, Gray, Boyden & Perkins
John Uednarney
Bag
Cotton & Abbott
Jaka
Webane
Nob
Faye Haard
Hich
Lis Tortedt