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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Dec 13, 1921
Page
15
The market showed little movement across bonds with Liberty issues largely steady. The standout was a ten year note trading around 1 22, while the broader foreign bond sector edged up modestly on the day as investors weighed new offerings and exchange rates.
In New York foreign exchange markets show a buoyant rally with the pound sterling rising and the Paris franc lifting as U S dollar demand weakens. French, German rates move high but late gains ease. overall activity hints at a strengthening in European currencies amid thin global trading.
An incomplete stock brief mentions copper and other metals with garbled terms and unclear figures. The fragment references PAL, Pare, NTT Shelter, Gira and possible sales or prices but lacks coherent data or outcomes.
An OCR fragment references money matters and a four item list with unclear items and misplaced words. The readable bits point to prices and purchases, but specifics and identities are obscured, leaving only partial financial notes and stray numbers.
A terse market note from New York reports Liberty Bonds steady with little trading activity as investors hold positions. The brief update highlights a quiet session with no notable price moves or new issuances.
The market shows strong activity with gains in several securities while rail shares lag. Investors eye a possible dividend action at Chicago Northwestern and other carriers as money rates inch up slightly, with settlement rumors and corporate maneuvers affecting fruit and coal interests.
The article discusses tax exemptions under section 259 PR for individuals receiving dividends or interest from domestic building and loan associations. It notes exemptions from normal tax and excess profits tax for amounts up to 300 dollars, with references to December 3, 1971, and January 1 dates, plus a prize notice for H. W. Hawkins related to a bank account opening.
New Orleans reports a sharp cotton price drop after a federal crop forecast showed 3,240,000 bales, triggering a 141 to 112 point fall and heavy selling across the belt. Trading volume surged as the market reacted to the figures, with prices fluctuating rapidly and buyers offering for supply.
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