Insurance Executive Sees Better Business in 1925
W A Bay president of the New York Life Insurance Society writes from New York on the 1925 outlook. He expects improvements in life insurance, investment in railroads to aid farmers and merchandise flow, and greater thrift as a national watchword benefiting prosperity.
MENTIONED IN THIS ARTICLE
Business Ten
W. A. Bay
Fqniterite Life
Isurance Society of
New York
I Nce
Ani Avings Banks
Money market notes drift amid firmer prime rates
In New York a money market update shows firmer prime rates with quotes for 60 to 90 days at 3 1 4 to 3 1 2 percent, 4 to 6 months at 4 3 4 percent, and last loan rates 5 1 4. Prime commercial paper bids range 2 1 2 to 2 3 4 percent.
MENTIONED IN THIS ARTICLE
New York
Dee. Wauney Strong
Bond Market Reacts to Profit Taking Amid Holiday Slowdown
York reports a firmer money market with higher rates and liquidation pressure as investors unload holdings for holidays. Seaboard, Norfolk and Western, International Harvester, and New York Central bonds show mixed strength while Liberty Bonds ease further. Analysts expect more offerings after Christmas as banks finance Krupp and Thyssen deals.
MENTIONED IN THIS ARTICLE
York
Wig
Seaboard
Ad- Norfolk and Western International
Convertibe
Thyssen Iron Works
Germany
Russian Banks in France Declared Legally Nonexistent
A French court ruled that Russian branch banks in France have no real existence and annulled sequestration orders against Banque Generale Pour le Commerce aveu l Entranger. The court noted the bank appears French but is likely Russian and cannot be sequestered until nationality is proven. It said the banks were organized under old Czarist laws, now obsolete, and Soviet law governs none of them.
MENTIONED IN THIS ARTICLE
PARIA
France
Banque Generale Pour le Commerce
Feed Market Shows Unsettled Quotations as Demand Tightens
Market report from U Bue Fenu and State Board of Agriculture notes unsettled grain prices with higher wheat and oats and lighter feed demand. Prices for No 1 White Oats and mixed corn rise. hay and timothy firm but supply scarce. cold weather boosts some feeds while freight costs press near-term shipments.
MENTIONED IN THIS ARTICLE
U. & Bue Fenu
State Board of Agriculture
Minneapola
Coutimer
Tranett
Heston
Timothy
Government probes big baking merger in federal inquiry
Washington December 23 federal investigators begin examination of the legality of a recently completed baking merger involving two firms with capitalization around 1 billion. The Department of Justice moves to probe antitrust concerns as the deal faces regulatory scrutiny.
MENTIONED IN THIS ARTICLE
Washington
Just
Toeelvire Properties
Irregularities in Stocks as Trade Falls Off
In New York trading, irregular market conditions featured mixed results. Rates on demand funds rose to 6 percent amid January settlements, while copper and zinc prices surged and General Electric fell sharply, signaling cautious sentiment and a two sided session. Grains advanced with weather and demand supporting prices as cotton and coffee edged lower and sugar weakened.
MENTIONED IN THIS ARTICLE
Richard Spillane
New York
General Electric
American Locomotive
Maxwell
B. M
Pullman
Ontario and Western
Uater Tt
Josa
Otis
Texas
Liverpool
Prinea
Heavy Demand Reported in Poultry Lines Markets Firm
Furnished by the Marketing Bureau of the State Board of Agriculture, the weekly poultry lines show heavy demand across fruits poultry and select vegetables. Turkeys and geese remain in high demand with price gains, while dressed fowl and chickens see slower demand and steadier pricing.
MENTIONED IN THIS ARTICLE
State Board of Agriculture
Floridas
Florida
California
Equash
Hubbard
Kennery
Howe
Janvo
Americans May Control British Nitrate Firm
A Waxwings Telegraph statement says Americans may gains control of a major British nitrate company. It notes an Anglo Railways meeting on January 2 to approve a deal with Ward and the Guggenheim group for sale of assets at 6,600,000 pounds, financed by seven percent debentures.
MENTIONED IN THIS ARTICLE
Wkely
Americno
Waxchungs Telegraph Company
Anglo
Railways Company. Ltd
Ward
Garrgenheim Trothora
New York
Buying Instincts Drive Advertising Success, Expert Says
Amos Webel of New York tells Bridgeport Advertising Club that the core of selling lies in understanding consumer buying instincts not typography or copy. He cites instincts to adorn, construct, comfort, orderliness, aesthetics and curiosity, and notes women’s fashion humor differs. He also mentions charity gifts from a campaign to aid poor families.
MENTIONED IN THIS ARTICLE
Successul
Carsuimer
Amos Webel
New York
Bridgepot
Stratfeld Hotel
Weigal
Lfe
Paria
Stan Francisco
Post Publishing Co
Christman
Grain Prices Rise On Demand With Wheat Leading
Chicago grain prices firmed as buying supported futures, with wheat up 3-4 to 3-8 and May at 41.73 1 4. Corn gained 1 7 8 to 1 4 and oats trailed. Liverpool wheat quotes steadied markets while European demand and feeding needs boosted optimism despite holiday trading.
MENTIONED IN THIS ARTICLE
Chicago
Den
Liverpool
Lelnats Taui
sruVisiong
Lord and Taylor Resumes Dividends After Ten Years
New York December 28 divis on the common stock of Lord and Taylor were resumed with a 2 1 2 percent payout on January 16 to record holders January. The prior payment was in January 1914 with a 2 percent semi annual disbursement. Regular 2 percent quarterly dividend on the preferred stock was also authorized. Fine prices firmed with New York market quotes advancing to 7 621 2 to 7 45 per pound.
MENTIONED IN THIS ARTICLE
New York
Lord and Taylor
Curb Market Day Sees Broad Declines on New York Trading
Trading on the New York Curb market closes with no pull at Chisman and broad weakness across issues. Shattuck, admitted yesterday, falls from 27 1 2 to around 2 3 4 while American Power and Light and American and Foreign Power slide. Lehigh Valley Coal dips, hazards rise on radio stocks, and Centrifea loses ground amid heavy turnover. Petroleum issues falter with standard Oil of Indiana and New York under supply pressure.
MENTIONED IN THIS ARTICLE
New York
Coul
Chisman
Shattuck Company
Lehigh Valley
Radio Lasuea
Ned Strant
Hazetine
Thermiodyne
Thompson
Biler
Centrifea
Standard Oil
Young Wood Denies Rumors He Is Penniless
In Paris Lieutenant Gabhorne C Wood rejects claims he is penniless and says he made money in Wall Street. He disputes rumors of returning to New York for work and plans to enter business there while living at the Crillon Hotel. He asserts he earned "three or four dollars" and jokes about sources of his funds.
MENTIONED IN THIS ARTICLE
Wall Street
Paris
New Yok
New York
Wall
Qabhorne C. Wood
Crillon
Non Wood
Wood
Hotel Crillon
News 160K
New Haven Controlled Road Pays Small Dividend
Directors of the New York Ontario and Western Railway, under control of the New York New Haven and Hartford Railroad, declare a 1 percent dividend on common stock payable January 30 to stockholders of record January 8. Last payment was 2 percent on October 12, 1921. The company has about $58.1 million in common stock and $4 million in preferred stock outstanding, with the New Haven owning $29.16 million in common and $4.2 million in preferred. Rumors previously linked the New York Central with a possible acquisition, but officials deny any trade with the New Haven.
MENTIONED IN THIS ARTICLE
New York
New York, Ontario and Westwen Railway Company
New York, New Haven and Hartford Railroad
Ontario and Weatura Fina
New Haven
Wall Street
New York Central Railroad
Interstate Commerce Commission
New York, Ontario and Western
New York Central
Cotton Prices in New York Trade Notes
Cotton market closed steady in New York with futures ranges for January March May July and October quoted. Spot good middling at 23.90 cents per pound as listed by regional exchange figures.
MENTIONED IN THIS ARTICLE
New York
Foreign exchange quotations and balances report
Irregular early New York market quotations list global currencies with bid demands including Great Britain 469 8 4 and France 6.58. Italy 4.27 1 4 and Tokio 98 1 2 are shown with cables, Belgium 4.97 1 2 and 4.98, Germany 25.81, Norway 15.01, Sweden 26.02, Denmark 17.62, Switzerland 19.37, Argentina 39.30, Brazil 11.60, Montreal 384 dollars. United States Treasury balance as of December 20 is $312,974,119.
MENTIONED IN THIS ARTICLE
New York
Des
Great
Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Tiemand
Ceecho-Slovakia
Jugoslavin
Austria
Noumania
Argentina
Brazil
Tokio
Montreal
Washington
United States Treasury
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Equitable
Dales
N & Ae
du Vale
Akay
Cuba
Davis
Yoo
Ardner
Bo Leh Valley
Lima Lore Way
Aler Lernard Bate
St An
Mack Trek
Ae Marine
Baie Marland
Bely
K & Tex Sa
North West
Ian
Perees
Beneficial Loan Society Liberty
Main St
Fidelity Loan Corp
Middle St
Col. John
Plaza
Bonds Bank Stocks
Connecticut Securities Atment Service
E. B. Merritt & Co
Main Streiy
Bridgeport, Cone
Meating Plumbing
Wade
Rrawhey Ave
Ameringa
Fall River
New England
Inver Jevela
Walt Ug
Produrta
Comapartvan
Ad Club
Young Wood
Liberty
Fuwrih
U.S. Tressure
Treasury
Clearing House
Dan
Federal Reserve Bank
Bond
State Street
Ruasim Ea Oo
Ura Hs
Investment Department
Margi
Ilienthal & Co
Bridgeport
Weowm
1. Y. Stock Exchange N
Cotton Exchange N
Coffee & Suger Exch
Chicago Board of Trade
United Loan. Corp
Legar
Fairfield Ave
Cor Water ST
Eel Newspaper
RatHie
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