Stock Prices Slide After Large Southwest Exchange Firm Failure
Stock markets opened strong but reversed on news of a large western exchange firm failure and a cut in the Great Northern preferred dividend. Declines led by rails and oil issues, with unusually high volume in low priced shares. some issues including Sinclair, Skelly, Marland, Phillips Petroleum traded actively. General Electric and United States Steel posted gains while others sagged. call money rose and foreign exchanges weakened.
MENTIONED IN THIS ARTICLE
Southwest Exchange
Kew York
Western Stock Exchange
Great Northern
Sinclair, Skelly
Marland
Phillips Petroleum
Inxmas OW
Yexss Company
I Im Skelly
Ing
Chesapeake and Chic
Enion Pacific
Canadian Pacific
Atlantic Coast Line
Kelsi
Correo DePascro
Union Tank
Strom
General Electric
Cotton New York Market Report Dee 18
Spot cotton prices reported for New York show middling at 26.10 with open high low and close values listed as part of a brief market update.
MENTIONED IN THIS ARTICLE
New York
Dee
Foreign Exchange Snapshot From New York Markets
In New York trading on December IAT the souey firm shows a high bid at 4 1-225, a closing bid at 6, and an offer. The last loan stands at 5 with call money contrasted against acceptances 4, reflecting tight liquidity conditions and ongoing market pressures.
MENTIONED IN THIS ARTICLE
Germany
New York
Hizh A
Omer. Ud At
Money rates at lowest since 1916 says BALPA study
Washington December 18 The study based on Commerce Department reports covers 1913 to 1922 showing New York double name commercial paper averaging 4.45 percent this year the lowest since 1916. The report cites earlier high averages and notes rates fluctuated with period drivers including agricultural financing and oil market pressures.
MENTIONED IN THIS ARTICLE
Balpa Y. Couch
Washington
Department of Commerce
New York
Bse
Market Averages Slip on Mixed Bond Trading
In New York trading today irregular activity in bonds and mining issues. heavy selling of speculative railroad bonds. several issues including Chicago & Alton and St Paul debentures declined. Industrials rose modestly with gains in Chile Copper and Magna Copper while some convertibles and municipal issues showed small losses.
MENTIONED IN THIS ARTICLE
New York
Gert Ton
Chicago & Alton
St. Paul
Dg Rosa
New Haven
Laxe Eriern
St. Louis
Chile Copper
Granby Copper Ss
Magna Coppec
Liggett & Myers Jg
Montana Power $S
Regisiared
I St
Convertibiads
Baltimore & Ontornold
Louisville
Wheat market soars on renewal fears in Chicago trade
In Chicago trading on December 14 renewal fears over trop damage from the gold wave pushed wheat prices higher. May futures reached 2.06 1 8, July at 1.16 1 3, while provisions gained on higher hog and grain prices. Sub-zero conditions and sparse wheat production stoked demand despite unsettled overall quotes.
MENTIONED IN THIS ARTICLE
Chicago
Pri
S-4 A Provisions 10 To Sée, Excou
Orchon
Tate
Ain Ocean Passage
Loreto
Der
Realty Records From Bridgeport Realty Transactions and Attachments
Realty records list several transfers and attachments including Helen S and Flock to Savings Bank on Gordon Street for 4000 dollars. Theodore B Green to City Savings Bank on Catherine Street for 4000. Gallagher Building Company to Bridgeport Land and Title Company on Washington Avenue for 0 dollars. others include Chattes Birn et al on Lexington Avenue for 900 with attachment. Bridgeport Plumbing Supply Company versus Pasquasie Putrine for 2500 with property attached on Lexington Avenue. Concetia Minniti versus Pasquale Petying for 2500 with attachment on Lexington Avenue. quit claims. The 8 Landen Company to David Firican on North Main Street. Louis Be Richarda to Ciodemire Petrucelli on Hollister Avenue.
MENTIONED IN THIS ARTICLE
Helen S& Flock
Savings Bank
Gordon Street
Theodore B. Green
Wire
City Savings Bank
Catherine Street
Gallagher Building Company
Bridgeport Land & Title Company
Reiley
Washington Avenue
Bridgeport Trust Company
Peasy
Emanuela P. Serlo
Chattes
Louis BE
Richarda
Ciodemire Petrucelli
Flollister Avenue
Metal Market New York Prices Mixed on Dec 18
Copper firm and electric spr futures around 74 1/4 to 5/8, tin steady near 28 dollars plus spot offers, lead steady around 7.10 to 7.15, antimony at about 6.62 with East St. Louis nearby delivery at 7.10 to 7.20. Northern and southern lead and tin listings shown with specific grades and spot readings.
MENTIONED IN THIS ARTICLE
New York
Transtead
Southern
East St. Louis
Equity loan pitch from New England company
A city service pitch offers cash loans with extended repayment terms. It promises full loan amount today and one year to repay with low monthly payments. Contact Noble 2144 at New England Equity Corporation, 164 State Street, Room 15, by mail or phone.
MENTIONED IN THIS ARTICLE
Tingland Equity Corporation
Eitglend
Bridgeport
New England Equity Corporation
Whooe Noble
R. D. Bunsted Mir
Shine Line Commission
Noble
State Street
Barnum
Equitable Industrial Loan Society, Inc
Fairfield Ave
Also Mentioned on This Page
Ste¢Ia
United Mateg Stad
Guy States
Bethlehem B
West Penn Power CO
Connecticut Light & Power CO
PFC
Russia Insurance CO. OF America
Hincks Bros. & CO
Bridgeport, Conn
Safe Buys
Hirite
EG Winkelman
Broad Street
Broad
Privenn
Peisonel
Cleveland H. Dodge
Far Fifth Ave
New York City
Beran
Beth S
Edry Pacific
Fasco
West
Chile
China
Gary Ny
John x
RIS
Kelly Vt
T & Re
Mackay
Mrro Marine
Mont Ward Boze
Prares
Ly & San Il
Saag
Studebaker
Asia
Tenn CO
Woolworth
Cotter
Suger
Gran
Genoa
Stockholin
Spain
Mat
Rg Oil
Batt
Coptr
ADL
Eld
ScjEver
Bond
City Hall
Metal Market
Title Guaranty & Trust Company
Main Street
Bridgepors
Real Eatate
Lnscrancs
Ome
Morris
Investmens
The
Bridgeport Morris Plan Co
Room
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