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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 22 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 07, 1923

Page

11

Coolidge Talk Lifts Tone in Bond Market

New York Dec 6 After President Coolidge message bonds rallied with gains in mortgage and utility issues. Liberty bonds remained firm, foreign issues advanced, and a new 3 million mortgage issue from Missouri Power and Light was sold by Hambleton & Co.

New York Coali Market Street San Francisco Liberty Bonda Alisouri Power and Light General Hens Hambleton &A Company

Retail commerce thriving in county reports

District traders note stronger retail business across Stanford and surrounding towns. Tt G Dunn & Co reps travel county seeking credit data, while New York prices influence local store margins as metropolitan demand raises retail prices.

Stanford Forwalk Bridgeport Wade Tt. G. Dunn & Co New York City New York Stamford

Condition report of the New York Federal Reserve

The December condition report for the Federal Reserve Bank of New York shows reserves of 9 million dollars, discounted government obligations, and total assets and liabilities detailed. It lists reserves, deposits, actual currency in circulation, and other balance items with figures in the hundreds of millions, reflecting the bank's financial position.

New York Fae Thement Limco I. i Wil

Realty transfers fill city land records brief

Real estate deeds show multiple transfers including Iain Deel to Banks on Aan agaon street and James A. Turner to Bridgeport Trust Company with Taft avenue properties. Other conveyances list Maurice Friedman on Gregory street and Russell Carlson on Seaside Avenue, with deed values noted.

Iain Deel Banks Tatrick Nih Reeks Aanagaon Darel Wankers Sikne Co Waniversity Charton Street Patrick Graham Frederick M Grese EF. O'Hara Soi James BE. Beach Bridgeport Trust Company Trustees

Foreign Exchange Rates and Global Currencies

A fragmented OCR note lists exchange rates and currencies across major markets. It mentions Antwerp Amsterdam Stockholm Berlin Paris and Spain with values referencing American dollars, along with scattered numbers suggesting totals or conversions. The text is garbled but indicates an international currency summary.

Automobiles Lead Industrial Output in 1923 Year

Washington reports 1923 auto production valued near 3 billion dollars, with 3.5 to 4 million vehicles forecast. Cars dominate, trucks about one seventh, average car value around 1,600 dollars. By year end 14 million autos likely in existence, with 13,002,427 listed on July 1 by the Public Roads Bureau.

Ralph PF. Cotch Washington Amerigur Reemainder Phanenger National Automobile Chamber of Commerce U. S Bureau of Public Roads

Local Produce Market Notes From December 6 1929

Market for cabbage shows firmness with prices about 26 cents per 700 pounds higher than earlier in the week. Other vegetables stay weak with dull trading. potatoes onions and roots slow. Oranges and apples mixed. asparagus and lettuce mix. livestock prices shift, with hogs and cattle moving to higher bids and dairy and poultry values varying by grade.

State Board of Agriculture New York State New York Slater Florida California New Jersey Ness Goth Hennery Maarby Am 'Ag

Metal Market New York Prices Steady On Dec 6

The New York metal market reports steady prices across electrolytic tin and futures at 413 1 8 with a QE I a Yin firm and near term at 48.00. futures 47205. Iran holds prices, Lead steady at 725 with 7.3 percent, Zinc ready at 6.25 to 6.30, Antimony spot 7.65 to 8.75.

New York Iran Zinceready Baar St. Louis

Railroads Lead Stocks Higher As Markets React To President Message

Wall Street rallied after President Coolidge sent a message seen as favorable to railroad consolidations and industry. Railroads led gains with several issues reaching new yearly highs, while steel and industrials showed mixed moves. Chandler Motors surged on bullish operator activity, and Tobacco, Kresge, and U.S. Steel affiliates posted notable moves amid broader volume and money market activity.

Wall Street Coolidge Cool United States Steel Corporation Chandler Motors J. Wall Street Tobacco Products Common Schulte Apterican National Supply Kresge Armour of Delawary Paatile Condt Mack Trock Maxwell Cocn Kelsey Wheel Woolworth American Telegraph & Cable U. S Principae

Gripping Call for Dollar Acceptance Path to Global Trade

Paul Warburg, at the American Acceptance Council, warned that progress on foreign affairs and reparations must align with practical banking gains. He stressed the dollar bankers' acceptances expand as foreign trade grows, arguing the dollar will stay permanent beside sterling. He proposed tax-exempt bankers' acceptances in foreign-held hands to broaden liquidity and strengthen the U.S. banking system.

New York Paul Warburg Aistresaing Waryburg War Burg United States

Long Motors Bankruptcy Petition Hits Framingham and Worcester

Long Motors Company, based in Framingham and Worcester, was petitioned into bankruptcy in federal court amid claims of preferential payments to creditors. The filing follows a creditors committee report that the firm is insolvent with insufficient assets to cover debts. Richard H. Long, a former Democratic candidate for governor, is connected to the company’s complaints.

Bostox Long Motors Company Wa Jes Framingham Woorcester Federal District Court Laskuptcy Commttee Richard H. Long Prain- Insham Democratia Rovarnior Howls She Re Long Company

Market jumps and dips as shorts cover amid mixed signals

The market opened higher but fell back after profit taking and short selling, with a net gain of 65 to 74 points before slipping 26 points from the open. General rains were noted east of the Mississippi with fair conditions across the belt. Quotations were received via Hirsch Lilienthal and Co of 1115 Main Street.

le Pointa Arcing Buyini Shorts Mississippi River Hirsch, Lilienthal and Company Main Street Noom 208

Christmas Bond Shopping Under Way

New York bond dealers report a Christmas market for investment securities with a notable volume of over the counter purchases. Dec. chyrial notes Christmas shopping for bonds as gifts gaining momentum.

Chyrialmay

Money firm on firmer ruling rate in New York opens

A scrambled market summary notes firmer money conditions in New York with closing rates around 4 1/2 and 1/4 point movements. Mentions accents and trade in shoes, Mexico’s growing export role, and the United States as a key supplier.

New York Mexico The United

Curb Market Mixed As Prices Rise Slightly In New York Trading

Trading was steadier with higher prices across many issues in today’s curb market. Industrials led gains with Reading Company touching 22 1 2 and Imperial Oil of Canada climbing five points while other names eased after dividend vote disappointments.

New York Coolldea Wago Lo Indus Yluldad Inter Imperial Oil of Canada Pripie OH Gate Tadian

Reo Motor Declares Extra Dividend for January 15

New York Dec 6 The Reo Motor Car company today declared an extra dividend of one per cent in addition to the regular quarterly dividend of 13 4 per cent pay able January 16 to stock of record January 9 The announcement notes the extra payment accompanies the usual quarterly distribution and is slated for holders of record early January with payment to follow mid January.

Arnold By & A Balt & Os Barns Chile China Colin Ab Doug Pate Dupont Dare Axle Agik Si Eaton Elena Stor Erie Erie i Kant Fisk Tub Fleischmann - BN Freeport Tost Kennecott Savine Ai “Tio Lima Teco Loews Inc Mallinson Uae Maracaibe Omar Enen Fer Astema Nurhalty Orpheus Owen Bot Pero Mara Philip Mor Philips Dierce AD USA Tou Pierce Piarce Seaba Willys OV New York Reo Motor Car Company

Waldorf System Reports 1923 Sales Rise

New York Dec 6 Walterf System Tie reports sales for the first eleven months of 1923 totaling 12,982,790, up from 11,012,208 in the same period last year, indicating growth for the year.

New York Walterf Sytem Tie

People's Savings Bank Declares 125th Dividend

The People's Savings Bank yesterday declared a 125th semi annual dividend at the rate of 4 1 2 percent. The board of trustees met, and Hay J Leton was promoted to assistant treasurer.

The People's Savings Bank Hay Jt. Leton

Rubber Company Official Charged With Stock Fraud

New York December 6. Wittman J. Jackson of San Antonio, former secretary of the Ajax Rubber Company, surrendered after allegedly stealing 26 000 shares with a face value of 7 000 pounds. He claimed only 3 000 had been obtained, with 29 000 torn up and discarded from a train. An indictment was returned last Tuesday.

New York Ajax Rubber Company LTH Mod Wittman J. Dackses San Antonio To Company Samuel Markewich Jackson Banton Jim Nobie Simmons &Company Broadway Gotham National Bank Inionapolis

Wheat market slips after Coolidge message signals profit taking

Chicago grain prices fell after President Coolidge referenced virtue, traders shifting to profit taking. Wheat closed unsettled down about 3 cents, December near 1.04 3 4 and May around 1.19 5. corn eased slightly, oats steady, and provisions mixed amid subdued demand and export activity.

Chicago Coolidge Tekera Board of Trade

Leviathan to Lay Up for Overhauling

The Leviathan will be laid up for a general overhaul after its next trans Atlantic voyage, according to remarks by Shipping Board officials after discussions with a board representative in New York.

Leviathan Washington. Des Leviathan Willl Shipping Board Board New York

National Grain Corp Hearing January

A hearing on involuntary bankruptcy for National Grain Corp of this city will be held January 3 at 10 am before Referee in Bankruptcy John Keogh at County Court house. Judge Thomas in U S District Court postponed the meeting. no new schedule yet. Over 100 creditors expected as auditors and receivers review accounts. meeting notices were sent to creditors of record yesterday.

National Grain Corporation John Keogh Ie County Court House Thomas United States’ District Court Nasote Habilix Eamuna Erditore Searlea Gakey Miller Agi Annameing

Also Mentioned on This Page

Bridgeport Telegram Legislati R. R. Mortgages N. Y. Federal Reserve Ager Mino Antwerp Ose Glare Genna Iag Stockholm Chriatunala Ga Copsnbagen Erland Spain Pests Iver. Labs Berlin Metal Market America Warburg Cotion Marel Sreerses i REO People’s Savings Bank Rubber Company Ajax Rubber Co Chicago Board of Trade Forseh Liflenthal and Company New York Stock Exchange Cotton Exchange Dridgepost Ofice Security Building Tlih Mainstrom Dovensber Mas Peer Cas Moy Nec Rio Bonds Bank Stocks Connecticut Securities E. B. Merritt & Co Coos Lin Wat National Grain. Corp the Board of Trustees Bridgeport Savings Bank Old Faithful S. W. Cor Main and State Sts Hincks Bros. & CO New Haven Bridgeport, Conn Barnam Waterbury W. Cor Main & State St Alabama Power Company Southern Railway Bull& CO. “Ear Tncorporat First National Bank Bldg
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