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This newspaper page contains 17 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Dec 10, 1924
Page
17
U S Steel rose to 114 1 4 as market leadership in steel fueled broad gains across industries. Trading activity showed strength in rails, copper, and textiles while wheat and corn rallied near year highs and sugar slipped on Cuba's economic news.
Money market notes show New York call money at 1 2 3, 1 2 3, with bids around 3 4 and 3 1 2 for last loans. Time loans firm with mixed collateral, terms 9 days to 4 months, prime commercial paper around 31 2 to 2 3 4. Washington reports U S balances as of December showing 240 45 then 74.
New York area market notes show nominal demand for cheese and poultry. Fresh-creamery products gain attention with spread of prices for turkeys, ducks, and eggs as buyers seek steady supplies and fair to strong prices amid varied regional quotations.
Market report shows net losses of one to three points in several issues including Mrai ro Qu and Gun. Ther molsyne Radio hits 16 1-2, Le Forest H Radio gains two points. Public utilities rise on big board with Common swealth Power at 20 then 118 ¾, American Power, Lehigh Power advance, Lehigh Valley and Continental Banking close lower amid heavy selling.
In New York trading today bond demand remained active with little net change while profit taking persisted on several issues. Notable activity included the Central Leather entering the market, Republic Iron and Stock Co issuing around 15 million, and Canadian Pacific bonds drawing attention amid ongoing merger speculation and lease term discussions.
A conference is planned to decide whether the proposed Black Rock bank will receive a charter. Commissioner Julio Byrne Starve Freder ick Katmen and State Treasurer An gen T. McCook will participate as the State Banking Commission reviews applications for charters. A hearing was held on December 4 with objections from rival banking groups.
Real estate transfers listed include Eva Sevoleski to Julia Schwartz on Organ Street for 500 dollars and J Jones to City Savings Bank on Englewood Avenue for 0 60. Lattin Storage and Trucking to Abraham Schnee on Garfield Avenue for 4000. Caroline Whither to Avraham Schnee on Henry Street for 4000. Michael and Augusta Gliapo to the West Sidbank on Bryant Street for 2300. Sidney Fedman to Hungarian Aid Association of America at Farfield and Hansen avenues for 14000. Hannah Jones to Clarence Tenes on Grove Street for 900. Helm and Rock to North End Bank on Amug Street for 4000. Quitclaim deeds including Mary Virgalla and family to Michael and Augusta Gala on Bryant Street. Maroe Weldman to Sidmen Pride man on Fahneit wand Hansen avenues. Harald Herz to Schwarz on Organ Street and Hallroad avenues. Bridgeport Land and Title Company to Southport Congregation Church on Seaview Avenue and River Street. Bridgeport Land and Title Company and Trus t Company on River Street. Lawrence Randolph Jones to Bridgeport Land and Title Company on Noinmar Street. Minnie Leach to Helen and Berk on Amos Street. Warranty deeds including Julius Bedwarte to Eva Sebeleskh on Ogden Street for 1500. Traders and trustees to Walter Stleock on Regent Street for 1000.
Dividend on the photoread stock of the Richmond Radiator company was declared today at 175 dollars per share with payments due January 16 1925 April July 6 October 15 and January 18 1926 The firm operates in Norwich Connecticut and Uniontown Pennsylvania The article notes a humorous aside about a missing hairpin.
New York December 8 A major mail order house Charles William Stores announced a continuance of its firearms sale but will halt revolvers The firm cited cautious handling and compliance with state laws and cited popular sentiment toward curtailing this class of merchandise as supporting the move and the finance committee chair echoed the sentiment
New England Transportation Center recommends state regulation of common carriers and motor vehicles to replace wasteful competition. Proposes requiring public convenience determinations, liability insurance, and regulated taxes, with a focus on coordinated state oversight for highways and waterways.
Fragmentary OCR records show Liberty Bonds activity with numbers like 24 and 101 41, mentioning US Treasury and Liberty titles. The readable pieces indicate bond tracking or sales data without a coherent narrative or full names.
Chicago traders saw corn and wheat hit new price records amid drought in Argentina and cold in the Midwest. May wheat jumped to new highs while corn led the rise with ongoing strong demand and limited receipts. Export interest and hog and lard price trends supported overall gains despite some lag in wheat.
An investigation shows evergreen trees arriving in abundance with daily arrivals, contradicting scarce-tree reports. Prices for early buyers rise while wholesale activity increases as Christmas demand grows. Cranberries and citrus firm, apples modestly higher, vegetables mixed, dairy and poultry varied. Local market notes list prices across fruits, vegetables, eggs, meat, and hay supplies.
Copper and lead show little change with copper near space 14 and tin holding around 56.26. Zinc and antimony firm while spot and futures mixed in Transleally and St Louis.
New York December 9 Voriign exchange rates show regular activity with demand figures for Great Britain at 5.40 and 4.8 60 day bills. Belgium Norway Argentina and other nations listed with various bid values. Cables and terms indicate ongoing settlement and cross rate movements amid international markets.
Stockholders of the American Life and Leather company approved by more than two thirds the proposed readjustment plan for the capital structure. The plan faced opposition from C If Venner who contends its legality. Vice-Chancellor Bentley set a December 18 hearing date.
The annual report to the President from the Secretary of Agriculture projects United States agricultural income near 1924 levels. Crops price to peak in four years while production costs fall. Total crop acreage around 370 million acres, with wheat growers set for the largest cash income share.
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