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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 12, 1924

Page

23

Upward Movement in Steel Enlivens Trade in Stocks

A volatile session in New York stocks featured mixed results with steel shares rebounding from earlier declines as Shearson Hammill and others backed steel purchases for employees. Trading narrowed with U S Steel dipping to 43 8 below its high, while rails and sugars showed uneven movement and grains remained under pressure.

Richard Apillast New York Deel U. S&s Stesi Marke Chen U. S. Steel Corporation Hus Bheirson Wan Min An’ Company Mark Lehigh Valles International Combustion Empires New Orleans Steiitier Coffe

Liberty Bonds in New York Bond Prices Reported

The 71 United States bond market in New York shows bids around 100.31 with asks near 100.21. Treasury securities incl 4s priced lower at 101.08 to 101.30, with Laverty 4tys noting 4s.

New York United States Lowrie Inc Laverty Dra Taorty Ath Bys US Treasury

Creamery butter market rises while eggs stay firm

New York poultry prices show firm egg markets and higher butter. Reported dairy items include creamery butter rising to strong prices, with several grades and regional variations noted. Eggs remain steady, while other dairy products and meats show mixed movements in regional markets.

New York Hed. Brorer Duke Bbe Wisconsin Debeses Hennery Hermudas dJursey Tisket Henny H. C Redless Riisns

Metal Market New York Copper Prices Steady Amid Mixed Notes

The New York metal market reports copper firm on spot and nearby terms with firm futures amid steady iron. Spot copper quoted around 9.40 to 9.75 with slight variances. prices show limited movement. St. Louis reports strength in its spot, while overall market notes a firm tone and unchanged iron prices.

New York Electrodytic St. Louis

Bridgeport Firm Starts Building Groton Infirmary

Work has begun on the new Quad Fellows infirmary at Groton Connecticut costing 275000. The Bridgeport firm of W W J Muirhead and Co will erect the home on Thames River east side facing west with southern exposure commanding river bridges and New London harbor. The building will be stone with copper roofs and local wall stone trim. It will contain 50 private patient rooms, a hospital kitchen, baths, wards, an operating room, a dental room, libraries, and recreation spaces across two floors with a veranda and porte cochere. Architects are Whiton and McMalon of Hartford. Contractors include Linby and Co of Hartford and Jerry Electric Co among others. The corporation is Quad Fellows Home with Herbert J Whitups as head and Philip Fund as a director.

Qdd Fellows Groton Fiau Davila Hall Whiten McMalon Hartford Linby Him Jerry Electric Company R. KR. March, Inc W. V. Dee Company Bridgeport Hope Metal E | Stantes Wires

Grain prices slip as profit taking hits Chicago market

Chicago grain values decline amid profit taking and lower Liverpool wheat quotes. May wheat edges down while oats and corn also fall. Traders note anticipated price corrections after recent upturn and softer domestic receipts, with Argentine export activity and European demand weighing on sentiment.

Chicago Liverpool Ono Canada Lal Recefpta

Market in New York rush session sees mixed declines and gains

Reactionary tendencies dominated the day's rush market in New York with closing quotations above early lows. Olahares softened on unfavorable trade news while Imperial of Canada, Ohio and Prairie Oil & Gas (new) dipped slightly. Nickel Plate Common rose over a point amid stake in the Van Sweringen merger plans.

New York Olahares Imperial of Canada Ohio Prairie Oil & Gas New de- Forrest Commonwealth Power Van Sweringen Brothers

Market selling pressure hits liberty issues in New York bonds

Heavy selling drove New York bond prices lower on fears of higher money rates and a possible Federal Reserve rediscount rate hike. Total sales topped 26 million dollars, the largest daily volume since August, with Liberty issues hit hardest as government rate expectations wavered.

New York Bederal Reserve Bank Asberty Bonde Washington New York Bank Louisville Nickel Plate Railroad International Great Northern Adjustment Missouri Pacific Murray Body Corporation Fisher Ready Corporation Paderal Bmotera Corporation

Treasury Balance in Washington as of December Ninth

United States Treasury balance reported for December ninth shows 221,496 dollars. The notice lists the amount under Treasury balance in Washington with the date of December ninth.

Washington Lee United States Treasury

Bank shareholders discuss tentative Main Street building plan

City National Bank shareholders will not be asked to discuss the tentative building project at the annual meeting on January 13, as announced by President Charles F. Hough yesterday. Directors have only requested a property survey for the Main and John streets site, just completed.

City National Bank Charles F. Hough Main and John Streets

Foreign exchange quots show varied demand across nations

The New York market reports easy quotations for diverse currencies with daily rates. Great Britain bids 469 1-2 on cables 469 3-4, France 3.3% demand and 5.32 1-2 cables, Italy 19 1-2, Belgium cables 4.91 1-33, Germany 23, Holland 40.36, Norway 15.14, Sweden 26.94, Denmark 17, Switzerland 1934, Spain 14.04, Greece 0.82 1-2, Poland 19 14, Hungary/Slovakia 3.42, Yugoslavia 1.68, Austria 0.0014 1-4, Roumania 0.62 1-2, Argentina 88.87, Brazil 11.62, Tokyo 38 1-2, and Montreal 9 3-2.

New York Great Britain France Italy Belgium Germany Holland Norway Denmark Switzerland Spain Greece Poland merho-Slovakia Yugoslavia Roumauia Argentina Brazil Montreal

American Smelting Raises Lead Price

New York Dec 11 American Smelting and Refining Company advanced the price of lead to 8.90 cents per pound from 8.76 cents.

New York American Smelting and Ref Company

Money Market Summary from New York Totals

A money market brief from New York on December 11 notes mixed rates and firm demand. Dealers report three to four month loans at 3 1/4 percent, with 60 to 90 day maturities around 3 1/2 to 3 3/4 percent, and prime rates cited near 3 1/2 percent.

New York Cade Cammi Pope

Also Mentioned on This Page

Bridgeport Telegram Lwa&bra Bonds Bank Stocks Connecticut Securities Investment Service For Institutions and Investors E. B. Merritt & Co Main Streit Bridgeport, Coan Metal Market Dora Yo Beneficial Loan Society Liberty Building Main St Third Moor Guaranty Trust Company Mee Ee W. R. Bull & Co Ridgeport Incorporated Irst National Bank OVORK Lear S . Wal Iver Tin Jaeud Shulte Stes Asain Ajax Mg Allied Chin Allis Chatm Simmaret Bosch Studebaker Texasa Co Tox & Bae Egan Birm Algul & Wil U S Rub Austin Utah Vanadium Ag Bry Wald Sys Iklyn West Md Brownly Callahan Zinc Wilson Wee Woolworth Hi Aero Chile CIA Cuba Dupont Erie Zeon Flesehmuinn BSI Bony Inan Ma Pars Tang Gulf St Harvester Jara Hayes Whitm ARI Houston Iud & Man Hyde T & Tv Ean Kreeze Man Max Staly Mullins Morris Gurb Market Connie Lewis Connie Lewis Amusement Company, Inc Fairfield Ave Noble Treasury Business & Finance Connecticut Stetail Manila Lota Autemd Fidelity Loan Corp Middle Su Col John Main Street City Savings Bank Ining Plumbi A. Wade
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